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CADLCandel Therapeutics, Inc.
$12.60$923M
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CADL logo

Candel Therapeutics, Inc.

CADL
NASDAQ · Biotechnology
$12.60
At close - Sep 8, 4:00 PM EDT - USD
Market Cap$923M
P/E-17.5x
52W High$14.00
Volume1M
OverviewTerminalAnalysisFinancialsValuationEarningsBreakoutsOwnership
VCP Research Verdict2026Q2

Pre-Revenue Clinical Stage with Accelerating Cash Burn

Candel Therapeutics is a pre-revenue biotechnology company advancing its oncolytic immunotherapy platform, with its investment thesis hinging on the successful clinical execution of its Phase 3 prostate cancer and Phase 2 pancreatic cancer trials. The company'...

GrowthStable
ProfitabilityNegative
ValuationReview
TechnicalsHealthy
Explore valuation models
MARKET ACTION

CADL price & volume

Price trend, volume and key moving averages

Launch Terminal
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Decision Checklist4 Core Signals

What matters now

The signals most likely to change the investment case.

01

Earnings momentum

3/12 Beats

EPS beat 3 of last 12 quarters

02

Valuation risk

-176% Peers

P/E is 176% below peer median

03

Market leadership

RS 97 · Leader

High momentum (Outperforming 97% of market)

04

Healthy Uptrend

Uptrend

Price > 50DMA > 200DMA

Next CatalystEstimated earnings · Nov 13

Market performance

Price History →

Trailing total returns as of 9/9/2026, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC).

YTD Return
CADL+131.62%
S&P 500 (^GSPC)+12.12%
1-Year Return
CADL+147.06%
S&P 500 (^GSPC)+18.05%
3-Year Return
CADL+967.80%
S&P 500 (^GSPC)+62.18%
5-Year Return
CADL+12.40%
S&P 500 (^GSPC)+49.90%

Growth & profitability

Annual revenue & EPS trend
Revenue
-
Net income
-$38M+30.8% YoY
Free cash flow
-$39M-43.9% YoY
Operating margin
-
ROIC (TTM)-
Avg ROIC 5Y-
ROE (TTM)-64.6%
Piotroski Score3 / 9
Financial Statements →
03

Monitor what changed

Recent results and news deserve attention only when they alter the forward view.

OPERATING RESULTS

Recent Earnings

Earnings History
EPS Beat Rate3/12 (33%)
QuarterEPS (Act vs Est)Revenue (Act vs Est)
Q3 2026Latest
Aug 13, 2026
-$0.52-118.6%
vs -$0.24
—
vs —
Q2 2026
May 14, 2026
-$0.14+36.4%
vs -$0.22
—
vs —
Q2 2026
Mar 12, 2026
-$0.54-125.0%
vs -$0.24
—
vs —
Q4 2025
Nov 13, 2025
-$0.21-23.5%
vs -$0.17
—
vs —
Historical baseline: 12 quarters analyzedGAAP / Adjusted
MARKET COVERAGE

Latest News

5 Stories
GlobeNewsWire·Sep 1, 2026
Candel Therapeutics Announces Inducement Grants Under Nasdaq Listing Rule 5635(c)(4)

NEEDHAM, Mass., Sept. 01, 2026 (GLOBE NEWSWIRE) -- Candel Therapeutics, Inc. (Candel or the Company) (Nasdaq: CADL), a clinical-stage biopharmaceutical company focused on developing multimodal immunotherapies to improve disease outcomes for patients with cancer, today announced that on August 31, 2026, the Compensation Committee of Candel's Board of Directors (the Board) granted to two new employees, stock options to purchase an aggregate of 31,400 shares of the Company's common stock, with a per share exercise price of $13.07.

GlobeNewsWire·Aug 26, 2026
Candel Therapeutics to Present at September Investor Conferences

NEEDHAM, Mass., Aug. 26, 2026 (GLOBE NEWSWIRE) -- Candel Therapeutics, Inc. (Candel or the Company) (Nasdaq: CADL), a clinical-stage biopharmaceutical company focused on developing multimodal immunotherapies to improve disease outcomes for patients with cancer, today announced that Paul Peter Tak, M.D.

Seeking Alpha·Aug 17, 2026
Are Biotech Stocks The 'Comeback Kid' Of 2026? I Say Yes

Biotech, especially small-cap names, is experiencing renewed optimism as macro and policy headwinds subside, driving sector-wide rallies. Stabilization at the FDA and a resurgence in M&A and IPO activity are restoring capital flows and investor confidence in biotech equities.

GlobeNewsWire·Aug 13, 2026
Candel Therapeutics Reports Second Quarter 2026 Financial Results and Recent Corporate Highlights

NEEDHAM, Mass., Aug. 13, 2026 (GLOBE NEWSWIRE) -- Candel Therapeutics, Inc. (Candel or the Company) (Nasdaq: CADL), a clinical-stage biopharmaceutical company focused on developing multimodal immunotherapies to improve outcomes for patients with cancer, today announced financial results for the second quarter ended June 30, 2026, and provided a corporate update.

Filtered for Candel Therapeutics, Inc.More Headlines
04

Compare before deciding

Benchmark CADL against direct peers instead of judging its metrics in isolation.

Peers Comparison

Key metrics vs top competitors for Candel Therapeutics, Inc. (CADL)

Full Screener →
CompanyPriceMarket CapP/E RatioRev Growth (1Y)Net MarginROEDiv Yield
CADL logoCADLCandel Therapeutics, Inc.Current
$12.60$923.2M-17.50——-64.58%—
IMVT logoIMVTImmunovant, Inc.
$39.57$8.17B-14.29—-7585.86%-69.59%—
IMCR logoIMCRImmunocore Holdings plc
$35.36$1.8B-66.7220%-2.31%-2.35%—
IOVA logoIOVAIovance Biotherapeutics, Inc.
$8.70$3.88B-7.9860.6%-89.09%-40.51%—
FATE logoFATEFate Therapeutics, Inc.
$2.50$291.4M-2.17-51.24%-1941.09%-65.08%—
NKTR logoNKTRNektar Therapeutics
$75.44$2.49B-7.75-43.89%-287.84%-37.99%—

Compare CADL vs Peers

Candel Therapeutics, Inc. (CADL) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.

Closest Rival

vs IMVT

Most directly comparable listed peer for CADL.

Scale Benchmark

vs HALO

Larger-name benchmark to compare CADL against a more recognizable public peer.

Peer Set

Compare Top 5

vs IMVT, IMCR, IOVA, FATE

05

Keep researching

Verify the primary filings, follow material updates, and answer the remaining questions.

CADL SEC Filings & Documents

Candel Therapeutics, Inc. (CADL) SEC filings — annual & quarterly reports (10-K, 10-Q)

8-K Announcements

6
Material company update

Aug 13, 2026·SEC

Material company update

Jun 24, 2026·SEC

Material company update

Jun 16, 2026·SEC

10-K Annual Reports

2
FY 2026

Mar 12, 2026·SEC

FY 2025

Mar 13, 2025·SEC

10-Q Quarterly Reports

6
FY 2026

Aug 13, 2026·SEC

FY 2026

May 14, 2026·SEC

FY 2025

Nov 13, 2025·SEC

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CADL Frequently Asked Questions

Candel Therapeutics, Inc. (CADL) stock FAQ — growth, dividends, profitability & financials explained

Growth & Financials
Is CADL profitable?

Candel Therapeutics, Inc. (CADL) reported a net loss of $88.5M for fiscal year 2025.

Dividend & Returns
What is CADL's return on equity?

Candel Therapeutics, Inc. (CADL) has a return on equity (ROE) of -64.6%. Negative ROE indicates the company is unprofitable.

What is Candel Therapeutics, Inc.'s free cash flow?

Candel Therapeutics, Inc. (CADL) had negative free cash flow of $57.3M in fiscal year 2025, likely due to heavy capital investments.

What if you invested $1,000 in CADL back in 2019?

Total return calculator · dividends reinvested · 7+ years of data

See returns →