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Stock impact report

Loss-Making Candel Therapeutics, Inc. (NASDAQ:CADL) Expected To Breakeven In The Medium-Term [Yahoo! Finance]

Candel Therapeutics, Inc. (CADL) 
Company Research Source: Yahoo! Finance
Candel Therapeutics, Inc., a clinical stage biopharmaceutical company, develops immunotherapies for the cancer patients. With the latest financial year loss of US$55m and a trailing-twelve-month loss of US$23m, the US$322m market-cap company alleviated its loss by moving closer towards its target of breakeven. As path to profitability is the topic on Candel Therapeutics' investors mind, we've decided to gauge market sentiment. In this article, we will touch on the expectations for the company's growth and when analysts expect it to become profitable. AI is about to change healthcare. These 20 stocks are working on everything from early diagnostics to drug discovery. The best part - they are all under $10bn in marketcap - there is still time to get in early. Candel Therapeutics is bordering on breakeven, according to the 6 American Biotechs analysts. They anticipate the company to incur a final loss in 2027, before generating positive profits of US$126m in 2028. The company is ther Show less Read more
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