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Candel Therapeutics, Inc. (CADL)

Healthcare | Biotechnology | Needham, United States | NasdaqGM
13.07 USD -0.68 (-4.945%) ⇩ (Aug. 28, 2026, 4 p.m. EDT)
After hours: 13.07 0.00 (0.000%) ⇩ (Aug. 28, 2026, 7:54 p.m. EDT)

Short-term:★★★⯪☆Long-term:★★⯪☆☆Dividends:☆☆☆☆☆
Hot Take | Aug. 22, 2026, 2:01 a.m. EDT

The immediate outlook is clouded by intense speculative fear. Despite a recent price bounce and a strong analyst consensus, the options market is screaming caution, with massive put buying at lower strikes indicating a belief that the stock will struggle to hold current levels. This disconnect suggests the recent rally may be fragile or driven by temporary news rather than a sustainable trend reversal. Long-term, the company sits in a precarious spot typical of biotech firms: it has no dividend to provide income, relies entirely on capital markets for funding, and carries significant debt relative to its cash reserves. While the business has shown resilience with a net positive return over the last four years despite severe interim losses, the lack of profitability and the heavy reliance on external financing create a high-risk profile. The balance sheet is not yet a fortress, and the path to breakeven remains uncertain. Until the company demonstrates consistent profitability or secures a major milestone-driven catalyst that stabilizes its funding needs, it remains a speculative hold rather than a core investment.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
AutoTheta ✓0.110079
AutoETS0.110415
MSTL0.113743
AutoARIMA0.115983

Forecast horizon: 45 days | Selected: AutoTheta

Forecast Reliability
Score 29%
H-stat 12.62
Ljung-Box p 0.000
Jarque-Bera p 0.114
Excess Kurtosis -0.75
Attribute Value
Sector Healthcare
Debt to Equity Ratio 39.259
Market Cap 1,000,097,664
Forward P/E -20.91
Beta -0.50
Website https://www.candeltx.com

As of Aug. 22, 2026, 2:01 a.m. EDT: Speculators are aggressively positioning for a downside move in the near term, evidenced by heavy put volume and open interest at strikes significantly below the current price (e.g., $6, $9, $12), while call activity remains muted and concentrated at-the-money. Implied volatility is notably elevated for near-term puts compared to calls, suggesting fear of a sharp drop rather than a rally.


Info Dump

Attribute Value
52 Week Change 1.3464165
Address1 117 Kendrick Street
Address2 Suite 450
All Time High 14.78
All Time Low 0.66
Ask 13.51
Ask Size 2
Audit Risk 5
Average Analyst Rating 1.2 - Strong Buy
Average Daily Volume10 Day 1,473,050
Average Daily Volume3 Month 1,627,375
Average Volume 1,627,375
Average Volume10Days 1,473,050
Beta -0.502
Bid 7.49
Bid Size 2
Board Risk 5
Book Value 1.657
City Needham
Compensation As Of Epoch Date 1,767,139,200
Compensation Risk 9
Country United States
Crypto Tradeable 0
Currency USD
Current Price 13.07
Current Ratio 16.094
Custom Price Alert Confidence HIGH
Date Short Interest 1,786,665,600
Day High 13.7999
Day Low 12.93
Debt To Equity 39.259
Display Name Candel Therapeutics
Earnings Timestamp 1,786,624,200
Earnings Timestamp End 1,794,486,600
Earnings Timestamp Start 1,794,486,600
Ebitda -71,303,000
Ebitda Margins 0.0
Enterprise To Ebitda -11.894
Enterprise Value 848,049,664
Eps Current Year -1.0025
Eps Forward -0.625
Eps Trailing Twelve Months -1.4
Esg Populated 0
Exchange NGM
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 10.4768
Fifty Day Average Change 2.5931997
Fifty Day Average Change Percent 0.2475183
Fifty Two Week Change Percent 134.64165
Fifty Two Week High 14.0
Fifty Two Week High Change -0.9300003
Fifty Two Week High Change Percent -0.066428594
Fifty Two Week Low 4.35
Fifty Two Week Low Change 8.719999
Fifty Two Week Low Change Percent 2.0045977
Fifty Two Week Range 4.35 - 14.0
Financial Currency USD
First Trade Date Milliseconds 1,627,392,600,000
Float Shares 60,064,013
Forward Eps -0.625
Forward P E -20.911999
Free Cashflow -35,750,624
Full Exchange Name NasdaqGM
Full Time Employees 55
Fullday Change -0.68
Fullday Change Percent -4.94546
Fullday Price 13.0699
Gmt Off Set Milliseconds -14,400,000
Governance Epoch Date 1,785,542,400
Gross Margins 0.0
Has Pre Post Market Data 1
Held Percent Insiders 0.14852999
Held Percent Institutions 0.66971
Implied Shares Outstanding 76,518,565
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 1,000,097,664
Market State CLOSED
Max Age 86,400
Message Board Id finmb_37378731
Most Recent Quarter 1,782,777,600
Net Income To Common -88,531,000
Next Fiscal Year End 1,798,675,200
Non Diluted Market Cap 1,052,512,861
Number Of Analyst Opinions 8
Open 13.7
Operating Cashflow -56,023,000
Operating Margins 0.0
Overall Risk 7
Payout Ratio 0.0
Phone 617 916 5445
Post Market Change -0.0001001358
Post Market Change Percent -0.00076615
Post Market Price 13.0699
Post Market Time 1,787,961,250
Previous Close 13.75
Price Eps Current Year -13.037405
Price Hint 2
Price To Book 7.887749
Profit Margins 0.0
Quick Ratio 15.89
Quote Source Name Nasdaq Real Time Price
Quote Type EQUITY
Recommendation Key strong_buy
Recommendation Mean 1.22222
Region US
Regular Market Change -0.68
Regular Market Change Percent -4.94546
Regular Market Day High 13.7999
Regular Market Day Low 12.93
Regular Market Day Range 12.93 - 13.7999
Regular Market Open 13.7
Regular Market Previous Close 13.75
Regular Market Price 13.07
Regular Market Time 1,787,947,201
Regular Market Volume 1,235,879
Return On Assets -0.28643999
Return On Equity -0.81844
Sand P52 Week Change 0.20504117
Sector Healthcare
Sector Disp Healthcare
Sector Key healthcare
Share Holder Rights Risk 8
Shares Outstanding 76,518,565
Shares Percent Shares Out 0.16290002
Shares Short 12,463,333
Shares Short Previous Month Date 1,784,073,600
Shares Short Prior Month 12,961,675
Short Name Candel Therapeutics, Inc.
Short Percent Of Float 0.2094
Short Ratio 10.24
Source Interval 15
State MA
Symbol CADL
Target High Price 29.0
Target Low Price 12.0
Target Mean Price 21.0
Target Median Price 22.5
Total Cash 201,564,992
Total Cash Per Share 2.634
Total Debt 49,517,000
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing Eps -1.4
Trailing Peg Ratio None
Triggerable 1
Two Hundred Day Average 7.146125
Two Hundred Day Average Change 5.923875
Two Hundred Day Average Change Percent 0.8289632
Type Disp Equity
Volume 1,235,879
Website https://www.candeltx.com
Zip 2,494