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Candel Therapeutics, Inc. (CADL)

Healthcare | Biotechnology | Needham, United States | NasdaqGM
6.37 USD +1.21 (23.450%) ⇧ (April 17, 2026, 4 p.m. EDT)
After hours: 6.41 +0.04 (0.609%) ⇧ (April 17, 2026, 7:58 p.m. EDT)

Short-term: ★★☆☆☆ | Long-term: ☆☆☆☆☆ | Dividends: ☆☆☆☆☆
Hot Take | April 19, 2026, 12:58 a.m. EDT

CADL is a raw speculation play on a biotech company nearing breakeven but fundamentally broken with no dividend and massive short interest; while the options market is aggressively betting on an upside push to the $7+ strikes by mid-2026, the lack of solid fundamentals and negative earnings forecasts make this a high-risk instrument suitable only for asymmetric risk-tolerance.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
AutoETS ✓0.160289
AutoARIMA0.165721
MSTL0.171841
AutoTheta0.199307

Forecast horizon: 45 days | Selected: AutoETS

Forecast Reliability
Score 48%
H-stat 5.04
Ljung-Box p 0.000
Jarque-Bera p 0.160
Excess Kurtosis -0.59
Attribute Value
Sector Healthcare
Debt to Equity Ratio 94.438
Market Cap 466,582,912
Forward P/E -9.95
Beta -0.81
Website https://www.candeltx.com

As of April 19, 2026, 12:58 a.m. EDT: Option market is heavily skewed towards bullish positioning for moderate-term expirations (May and July), with significant new volume flow into ATM calls (6.0) and OTM calls (7.0) in the May 15th session. Call Open Interest at 7.0 is a new top-OI strike for July. Conversely, Put volume is concentrated downside (4.0 and 5.0) but lacks open interest buildup compared to calls, suggesting more stop-selling or short-covering than pure bearish positioning. The yield curve is steep for calls, indicating an expectation of rise with low IV, while puts carry higher IV primarily near expiration due to near-term gamma risk.


Info Dump

Attribute Value
52 Week Change 0.41241682
Address1 117 Kendrick Street
Address2 Suite 450
All Time High 14.78
All Time Low 0.66
Ask 6.39
Ask Size 4
Audit Risk 7
Average Daily Volume10 Day 1,336,160
Average Daily Volume3 Month 1,214,345
Average Volume 1,214,345
Average Volume10Days 1,336,160
Beta -0.807
Bid 6.35
Bid Size 12
Board Risk 5
Book Value 0.946
City Needham
Compensation As Of Epoch Date 1,735,603,200
Compensation Risk 9
Country United States
Crypto Tradeable 0
Currency USD
Current Price 6.37
Current Ratio 13.492
Custom Price Alert Confidence HIGH
Date Short Interest 1,774,915,200
Day High 6.45
Day Low 5.2301
Debt To Equity 94.438
Display Name Candel Therapeutics
Earnings Timestamp 1,773,318,600
Earnings Timestamp End 1,778,589,000
Earnings Timestamp Start 1,778,589,000
Ebitda -47,331,000
Ebitda Margins 0.0
Enterprise To Ebitda -8.364
Enterprise Value 395,885,920
Eps Current Year -0.77
Eps Forward -0.64
Eps Trailing Twelve Months -0.72
Esg Populated 0
Exchange NGM
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 5.1501
Fifty Day Average Change 1.2198997
Fifty Day Average Change Percent 0.23686911
Fifty Two Week Change Percent 41.24168
Fifty Two Week High 7.25
Fifty Two Week High Change -0.8800001
Fifty Two Week High Change Percent -0.12137932
Fifty Two Week Low 4.338
Fifty Two Week Low Change 2.032
Fifty Two Week Low Change Percent 0.46841866
Fifty Two Week Range 4.338 - 7.25
Financial Currency USD
First Trade Date Milliseconds 1,627,392,600,000
Float Shares 63,310,981
Forward Eps -0.64
Forward P E -9.953125
Free Cashflow -46,023,376
Full Exchange Name NasdaqGM
Full Time Employees 55
Gmt Off Set Milliseconds -14,400,000
Governance Epoch Date 1,775,001,600
Gross Margins 0.0
Has Pre Post Market Data 1
Held Percent Insiders 0.15797
Held Percent Institutions 0.32819
Implied Shares Outstanding 73,246,928
Industry Biotechnology
Industry Disp Biotechnology
Industry Key biotechnology
Ipo Expected Date 2,021-07-27
Is Earnings Date Estimate 1
Language en-US
Last Fiscal Year End 1,767,139,200
Long Business Summary Candel Therapeutics, Inc., a clinical stage biopharmaceutical company, develops immunotherapies for cancer patients. It develops CAN-2409, which is in Phase 2a clinical trials for the treatment of prostate cancer; and Phase 2a clinical trials for the treatment of non-small cell lung cancer (NSCLC). The company is also developing CAN-3110, which is in Phase Ib clinical trials for the treatment of recurrent high-grade glioma. In addition, it develops the enLIGHTEN Discovery Platform, a systematic, iterative herpes simplex virus based discovery platform leveraging human biology and advanced analytics to create new viral immunotherapy candidates for solid tumors. The company was formerly known as Advantagene, Inc. and changed its name to Candel Therapeutics, Inc. in November 2020. Candel Therapeutics, Inc. was incorporated in 2003 and is headquartered in Needham, Massachusetts.
Long Name Candel Therapeutics, Inc.
Market us_market
Market Cap 466,582,912
Market State CLOSED
Max Age 86,400
Message Board Id finmb_37378731
Most Recent Quarter 1,767,139,200
Net Income To Common -38,182,000
Next Fiscal Year End 1,798,675,200
Non Diluted Market Cap 467,315,394
Number Of Analyst Opinions 8
Open 5.25
Operating Cashflow -38,311,000
Operating Margins 0.0
Overall Risk 7
Payout Ratio 0.0
Phone 617 916 5445
Post Market Change 0.03880024
Post Market Change Percent 0.6091089
Post Market Price 6.4088
Post Market Time 1,776,470,334
Previous Close 5.16
Price Eps Current Year -8.272727
Price Hint 2
Price To Book 6.7336154
Profit Margins 0.0
Quick Ratio 13.308
Quote Source Name Nasdaq Real Time Price
Quote Type EQUITY
Recommendation Key none
Region US
Regular Market Change 1.21
Regular Market Change Percent 23.4496
Regular Market Day High 6.45
Regular Market Day Low 5.2301
Regular Market Day Range 5.2301 - 6.45
Regular Market Open 5.25
Regular Market Previous Close 5.16
Regular Market Price 6.37
Regular Market Time 1,776,456,001
Regular Market Volume 4,126,475
Return On Assets -0.2595
Return On Equity -0.64579004
Sand P52 Week Change 0.38150132
Sector Healthcare
Sector Disp Healthcare
Sector Key healthcare
Share Holder Rights Risk 8
Shares Outstanding 73,246,927
Shares Percent Shares Out 0.2023
Shares Short 14,816,272
Shares Short Previous Month Date 1,772,150,400
Shares Short Prior Month 12,985,515
Short Name Candel Therapeutics, Inc.
Short Percent Of Float 0.23969999
Short Ratio 11.58
Source Interval 15
State MA
Symbol CADL
Target High Price 26.0
Target Low Price 7.0
Target Mean Price 18.875
Target Median Price 19.5
Total Cash 119,731,000
Total Cash Per Share 1.635
Total Debt 49,034,000
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing Eps -0.72
Trailing Peg Ratio None
Triggerable 1
Two Hundred Day Average 5.511925
Two Hundred Day Average Change 0.85807467
Two Hundred Day Average Change Percent 0.15567604
Type Disp Equity
Volume 4,126,475
Website https://www.candeltx.com
Zip 2,494