Cidara Therapeutics (CDTX) Stock Forecast, Price Target & Predictions


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CDTX Stock Forecast


Cidara Therapeutics stock forecast is as follows: an average price target of $24.00 (represents a 84.19% upside from CDTX’s last price of $13.03) and a rating consensus of 'Buy', based on 2 wall street analysts offering a 1-year stock forecast.

CDTX Price Target


The average price target for Cidara Therapeutics (CDTX) is $24.00 based on 1-year price targets from 2 Wall Street analysts in the past 3 months, with a price target range of $24.00 to $24.00. This represents a potential 84.19% upside from CDTX's last price of $13.03.

CDTX Analyst Ratings


Buy

According to 2 Wall Street analysts, Cidara Therapeutics's rating consensus is 'Buy'. The analyst rating breakdown for CDTX stock is 0 'Strong Buy' (0.00%), 2 'Buy' (100.00%), 0 'Hold' (0.00%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).

Cidara Therapeutics Price Target by Analyst


DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Aug 14, 2024Ed ArceH.C. Wainwright$24.00$12.8686.63%84.19%
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The latest Cidara Therapeutics stock forecast, released on Aug 14, 2024 by Ed Arce from H.C. Wainwright, set a price target of $24.00, which represents a 86.63% increase from the stock price at the time of the forecast ($12.86), and a 84.19% increase from CDTX last price ($13.03).

Cidara Therapeutics Price Target by Period


1M3M12M
# Anlaysts-11
Avg Price Target-$24.00$24.00
Last Closing Price$13.03$13.03$13.03
Upside/Downside-100.00%84.19%84.19%

In the current month, the average price target of Cidara Therapeutics stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Cidara Therapeutics's last price of $13.03. This month's average price target is down -100.00% compared to last quarter, and down -100.00% compared to last year.

Analyst Ratings Upgrades/Downgrades


DateCompanyPrevious RatingNew RatingRating Change
Aug 14, 2024H.C. Wainwright-BuyUpgrade
May 12, 2022NeedhamBuyBuyHold
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Cidara Therapeutics's last stock rating was published by H.C. Wainwright on Aug 14, 2024. The company Upgrade its CDTX rating from "null" to "Buy".

Cidara Therapeutics Financial Forecast


Cidara Therapeutics Revenue Forecast

Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
Revenue---------$12.72M$7.61M$25.99M$10.22M$40.74M$6.22M$7.11M$7.22M$7.08M$32.86M$2.41M$3.73M$2.42M$3.39M$2.53M$1.81M$19.10M
Avg Forecast$405.44K$386.01K$367.52K$349.92K$400.00K$433.33K$1.30M$9.03M$13.95M$8.14M$11.55M$18.68M$10.57M$28.35M$6.21M$5.89M$4.31M$2.94M$12.13M$7.88M$12.95M$4.89M$5.29M$2.25M$3.63M$7.50M
High Forecast$405.44K$386.01K$367.52K$349.92K$400.00K$435.00K$1.30M$9.03M$13.95M$8.14M$11.55M$18.68M$10.57M$28.35M$6.21M$5.89M$4.31M$2.94M$12.13M$7.88M$12.95M$4.89M$5.29M$2.25M$3.63M$7.50M
Low Forecast$405.44K$386.01K$367.52K$349.92K$400.00K$431.67K$1.30M$9.03M$13.95M$8.14M$11.55M$18.68M$10.57M$28.35M$6.21M$5.89M$4.31M$2.94M$12.13M$7.88M$12.95M$4.89M$5.29M$2.25M$3.63M$7.50M
# Analysts11111311211111111111111111
Surprise %---------1.56%0.66%1.39%0.97%1.44%1.00%1.21%1.68%2.41%2.71%0.31%0.29%0.49%0.64%1.12%0.50%2.55%

Cidara Therapeutics's average Quarter revenue forecast for Dec 23 based on 2 analysts is $13.95M, with a low forecast of $13.95M, and a high forecast of $13.95M. CDTX's average Quarter revenue forecast represents a 9.69% increase compared to the company's last Quarter revenue of $12.72M (Sep 23).

Cidara Therapeutics EBITDA Forecast

Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts11111311211111111111111111
EBITDA---------$-8.55M$-12.83M$2.98M$-13.27M$15.23M$-12.81M$-17.96M$-18.19M$-17.99M$10.82M$-18.23M$-21.57M$-17.56M$-18.23M$-14.47M$-13.95M$3.12M
Avg Forecast$-299.69K$-285.34K$-271.67K$-258.65K$-295.67K$-320.31K$-960.94K$-16.79M$-10.31M$-6.02M$-8.53M$-17.95M$-17.15M$-20.95M$-4.59M$-19.20M$-3.19M$-2.17M$-8.96M$-10.03M$-9.57M$-3.61M$-3.91M$-9.36M$-2.69M$-5.54M
High Forecast$-299.69K$-285.34K$-271.67K$-258.65K$-295.67K$-319.08K$-960.94K$-13.43M$-10.31M$-6.02M$-8.53M$-14.36M$-13.72M$-20.95M$-4.59M$-15.36M$-3.19M$-2.17M$-8.96M$-8.02M$-9.57M$-3.61M$-3.91M$-7.49M$-2.69M$-5.54M
Low Forecast$-299.69K$-285.34K$-271.67K$-258.65K$-295.67K$-321.55K$-960.94K$-20.15M$-10.31M$-6.02M$-8.53M$-21.55M$-20.58M$-20.95M$-4.59M$-23.04M$-3.19M$-2.17M$-8.96M$-12.04M$-9.57M$-3.61M$-3.91M$-11.23M$-2.69M$-5.54M
Surprise %---------1.42%1.50%-0.17%0.77%-0.73%2.79%0.94%5.71%8.27%-1.21%1.82%2.25%4.86%4.67%1.55%5.19%-0.56%

1 analysts predict CDTX's average Quarter EBITDA for Jun 23 to be $-8.53M, with a high of $-8.53M and a low of $-8.53M. This is -386.69% lower than Cidara Therapeutics's previous annual EBITDA (Mar 23) of $2.98M.

Cidara Therapeutics Net Income Forecast

Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts11111311211111111111111111
Net Income---------$-8.17M$-12.36M$3.21M$-13.38M$14.98M$-13.13M$-18.30M$-16.84M$-18.08M$10.71M$-18.29M$-21.63M$-17.63M$-18.31M$-14.54M$-14.02M$3.04M
Avg Forecast$-7.85M$-14.88M$-18.62M$-21.27M$-17.13M$-19.40M$-18.71M$-17.08M$-6.85M$-13.69M$-11.87M$-18.27M$-17.21M$-547.65K$-25.56M$-19.54M$-29.66M$-33.01M$-19.78M$-10.06M$-21.91M$-36.83M$-25.64M$-9.41M$-39.47M$-51.41M
High Forecast$-7.85M$-14.88M$-18.62M$-21.27M$-17.13M$-19.40M$-18.71M$-13.67M$-6.85M$-13.69M$-11.87M$-14.62M$-13.76M$-547.65K$-25.56M$-15.63M$-29.66M$-33.01M$-19.78M$-8.05M$-21.91M$-36.83M$-25.64M$-7.53M$-39.47M$-51.41M
Low Forecast$-7.85M$-14.88M$-18.62M$-21.27M$-17.13M$-19.40M$-18.71M$-20.50M$-6.85M$-13.69M$-11.87M$-21.93M$-20.65M$-547.65K$-25.56M$-23.45M$-29.66M$-33.01M$-19.78M$-12.07M$-21.91M$-36.83M$-25.64M$-11.29M$-39.47M$-51.41M
Surprise %---------0.60%1.04%-0.18%0.78%-27.35%0.51%0.94%0.57%0.55%-0.54%1.82%0.99%0.48%0.71%1.55%0.36%-0.06%

Cidara Therapeutics's average Quarter net income forecast for Jun 23 is $-11.87M, with a range of $-11.87M to $-11.87M. CDTX's average Quarter net income forecast represents a -469.77% decrease compared to the company's last Quarter net income of $3.21M (Mar 23).

Cidara Therapeutics SG&A Forecast

Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts11111311211111111111111111
SG&A---------$3.56M$3.31M$4.30M$3.43M$5.78M$4.07M$5.20M$4.98M$4.61M$4.37M$4.78M$4.15M$3.69M$3.97M$4.09M$4.41M$4.57M
Avg Forecast$247.03K$235.19K$223.92K$213.20K$243.71K$264.02K$792.07K$4.86M$8.50M$4.96M$7.03M$5.20M$3.30M$17.27M$3.78M$5.56M$2.63M$1.79M$7.39M$2.63M$7.89M$2.98M$3.22M$1.37M$2.21M$4.57M
High Forecast$247.03K$235.19K$223.92K$213.20K$243.71K$265.04K$792.07K$5.84M$8.50M$4.96M$7.03M$6.24M$3.96M$17.27M$3.78M$6.68M$2.63M$1.79M$7.39M$3.16M$7.89M$2.98M$3.22M$1.37M$2.21M$4.57M
Low Forecast$247.03K$235.19K$223.92K$213.20K$243.71K$263.00K$792.07K$3.89M$8.50M$4.96M$7.03M$4.16M$2.64M$17.27M$3.78M$4.45M$2.63M$1.79M$7.39M$2.10M$7.89M$2.98M$3.22M$1.37M$2.21M$4.57M
Surprise %---------0.72%0.47%0.83%1.04%0.33%1.08%0.94%1.90%2.57%0.59%1.82%0.53%1.24%1.23%2.99%1.99%1.00%

Cidara Therapeutics's average Quarter SG&A projection for Dec 23 is $8.50M, based on 2 Wall Street analysts, with a range of $8.50M to $8.50M. The forecast indicates a 139.02% rise compared to CDTX last annual SG&A of $3.56M (Sep 23).

Cidara Therapeutics EPS Forecast

Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts11111311211111111111111111
EPS---------$-0.09$-0.14$0.03$-0.19$0.17$-0.19$-0.27$-0.26$-0.37$0.18$-0.39$-0.50$-0.41$-0.45$-0.46$-0.42$0.08
Avg Forecast$-1.72$-3.26$-4.08$-4.66$-3.75$-4.25$-4.10$-2.39$-1.50$-3.00$-2.60$-0.73$-2.93$-0.12$-5.60$-5.56$-6.50$-7.23$-4.33$-6.70$-4.80$-8.07$-5.62$-6.80$-8.65$-11.27
High Forecast$-1.72$-3.26$-4.08$-4.66$-3.75$-4.25$-4.10$-2.39$-1.50$-3.00$-2.60$-0.73$-2.93$-0.12$-5.60$-5.56$-6.50$-7.23$-4.33$-6.70$-4.80$-8.07$-5.62$-6.80$-8.65$-11.27
Low Forecast$-1.72$-3.26$-4.08$-4.66$-3.75$-4.25$-4.10$-2.39$-1.50$-3.00$-2.60$-0.73$-2.93$-0.12$-5.60$-5.56$-6.50$-7.23$-4.33$-6.70$-4.80$-8.07$-5.62$-6.80$-8.65$-11.27
Surprise %---------0.03%0.05%-0.04%0.06%-1.42%0.03%0.05%0.04%0.05%-0.04%0.06%0.10%0.05%0.08%0.07%0.05%-0.01%

According to 1 Wall Street analysts, Cidara Therapeutics's projected average Quarter EPS for Jun 23 is $-2.60, with a low estimate of $-2.60 and a high estimate of $-2.60. This represents a -8766.67% decrease compared to CDTX previous annual EPS of $0.03 (Mar 23).

Cidara Therapeutics Peer Comparison by Price Target


TickerCompanyLast Closing PriceAvg Price TargetUpside/DownsideAvg Rating
GLYCGlycoMimetics$0.41$13.003070.73%-
CTMXCytomX Therapeutics$1.01$5.77471.29%Buy
CDTXCidara Therapeutics$13.03$24.0084.19%Buy

CDTX Forecast FAQ


Yes, according to 2 Wall Street analysts, Cidara Therapeutics (CDTX) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 2 'Buy' recommendations, accounting for 100.00% of CDTX's total ratings.

Cidara Therapeutics (CDTX) average price target is $24 with a range of $24 to $24, implying a 84.19% from its last price of $13.03. The data is based on 2 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

According to Wall Street analysts' prediction for CDTX stock, the company can go up by 84.19% (from the last price of $13.03 to the average price target of $24), up by 84.19% based on the highest stock price target, and up by 84.19% based on the lowest stock price target.

CDTX's average twelve months analyst stock price target of $24 supports the claim that Cidara Therapeutics can reach $20 in the near future.

Cidara Therapeutics's analysts financial forecasts for the fiscal year (Dec 2024) are as follows: average revenue is $11.17M (high $11.17M, low $11.16M), average EBITDA is $-18.365M (high $-15.006M, low $-21.723M), average net income is $-72.321M (high $-68.904M, low $-75.738M), average SG&A $6.16M (high $7.14M, low $5.19M), and average EPS is $-14.49 (high $-14.49, low $-14.49). CDTX's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $1.51M (high $1.51M, low $1.51M), average EBITDA is $-1.115M (high $-1.115M, low $-1.115M), average net income is $-62.615M (high $-62.615M, low $-62.615M), average SG&A $919.34K (high $919.34K, low $919.34K), and average EPS is $-13.72 (high $-13.72, low $-13.72).

Based on Cidara Therapeutics's last annual report (Dec 2022), the company's revenue was $64.29M, beating the average analysts forecast of $51.01M by 26.03%. Apple's EBITDA was $-29.718M, missing the average prediction of $-61.897M by -51.99%. The company's net income was $-29.799M, missing the average estimation of $-62.853M by -52.59%. Apple's SG&A was $18.49M, missing the average forecast of $29.91M by -38.20%. Lastly, the company's EPS was $-0.43, missing the average prediction of $-14.213 by -96.97%. In terms of the last quarterly report (Sep 2023), Cidara Therapeutics's revenue was $12.72M, beating the average analysts' forecast of $8.14M by 56.25%. The company's EBITDA was $-8.555M, beating the average prediction of $-6.016M by 42.19%. Cidara Therapeutics's net income was $-8.172M, missing the average estimation of $-13.691M by -40.31%. The company's SG&A was $3.56M, missing the average forecast of $4.96M by -28.29%. Lastly, the company's EPS was $-0.09, missing the average prediction of $-3 by -97.00%