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Candel Therapeutics Inc

CADL

NASDAQ

Biotechnology

$11.72

USD

-0.08 (-0.68%)

At close: Aug 14, 2026, 4:00 PM EDT

Market Cap $864.59M

Volume 2.1M

Price (USD)
Price (USD)

About Candel Therapeutics Inc

Candel Therapeutics, Inc. is a clinical stage biotechnology company, which engages in the development and commercialization of viral immunotherapies. The company is headquartered in Needham, Massachusetts and currently employs 55 full-time employees. The company went IPO on 2021-07-27. CAN-2409 is the lead product candidate from the adenovirus platform. CAN-3110 is the lead product candidate from the herpes simplex virus (HSV) platform and is in an ongoing phase Ib clinical trial in recurrent high-grade glioma. Its enLIGHTEN Discovery Platform is a systematic, iterative HSV-based discovery platform leveraging human biology and advanced analytics to create new viral immunotherapies for solid tumors. CAN-2409, Its advanced multimodal biological immunotherapy candidate, is an investigational, off-the-shelf, replication-defective adenovirus engineered to deliver the herpes simplex virus thymidine kinase (HSV-tk) gene to a patient’s specific tumor and induce an individualized, systemic immune response against the tumor.

CEO

Dr. Paul Tak

HQ

Needham, MASSACHUSETTS, US

Founded

2021

Employees

55

Key Metrics

2 metrics our research team weighs before forming a view on CADL.

Based on Quantli research · SEC filings · as of Q2 2026

METRIC

VALUE

CHANGE

TREND (3Y)

ROE (TTM)

-70.2%

Free Cash Flow (TTM)

$-57.32M

Financial Snapshot

Full Financials

Revenue

$0

YoY

Gross Margin

YoY

Net Income

$-88.53M

-299.9%

YoY

Operating Cash Flow

$-56.02M

-87.4%

YoY

Key Statistics

Open

$11.85

Previous Close

$11.80

Day Range

$11.04 - $11.95

52 Week Range

$4.35 - $11.95

Volume

2.1M

Average Volume (10 Days)

970.0K

Dividend Yield

Valuation Measurement

Market Cap

$864.59M

P/E Ratio (TTM)

Price / Book

6.85

Financial Highlights

Return on Assets

-42.5%

Return on Equity

-70.2%

Revenue (TTM)

$0

Net Income (TTM)

$-88.53M

Diluted EPS (TTM)

-$1.45

Total Cash (MRQ)

$201.56M

Levered FCF (TTM)

$-57.32M

Turn research into action

Knowing a stock is strong is the start. Knowing how to invest in it when you spot good research is good returns.

Position Strategy

Ride market cycles. Patient hold.

Best for:

Patient investors

Trend Following

Enter on trend. Cut losses fast.

Best for:

Active traders

Swing Strategy

Buy support, sell on recovery.

Best for:

Risk-tolerant

Go deeper on CADL

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Earnings Calendar

Next Earnings

Estimated Q2 Release

Aug 19

Est. EPS

Adjusted consensus estimate

-$0.24

Analyst Consensus

Buy

Based on 1 analyst ratings

Avg Target: $22.00

(+87.7% upside)

High: $22.00 · Low: $22.00

Strong Buy

0%

Buy

100%

Hold

0%

Sell

0%

Strong Sell

0%

View full analyst ratings