Cidara Therapeutics
(NASDAQ:CDTX)
$12.65
-0.35[-2.69%]
Last update: 10:32AM Get Real Time Here
Cidara Therapeutics Inc recently split on Wednesday, April 24, 2024 with a ratio of 1:20
Q4 2023 Earnings were released on Mon Apr 22nd, after the market close
Cidara Therapeutics (CDTX) sold assets to Mundipharma on Wednesday, April 24, 2024 for $2.79M
Consensus Rating1
Buy
Highest Price Target1
$40.00
Lowest Price Target1
$6.00
Consensus Price Target1
$13.17

Cidara Therapeutics Stock (NASDAQ:CDTX), Analyst Ratings, Price Targets, Predictions

Cidara Therapeutics Inc has a consensus price target of $13.17, established from looking at the 27 latest analyst ratings. The last 3 analyst ratings were released from WBB Securities, Needham, and Cantor Fitzgerald on April 25, 2024. With an average price target of $21.67 between WBB Securities, Needham, and Cantor Fitzgerald, there's an implied 71.28% upside for Cidara Therapeutics Inc from these 3 analyst ratings.

Analyst Trend
1
Nov 23
1
Dec 23
5
Apr
Buy
Hold
Sell
Strong Sell
Analyst Rating
12345
4.4
Buy
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

WBB Securities
Needham
Cantor Fitzgerald
HC Wainwright & Co.
Aegis Capital

1calculated from analyst ratings published within the last 3 years

Analyst Ratings for Cidara Therapeutics

date
ticker
Buy Now
Company
Current price
Upside/Downside
Analyst Firm
Analyst & % Accurate
Price Target Change
Rating Change
Previous / Current Rating
Get Alert
04/25/2024CDTXBuy Now
Cidara Therapeutics
$12.65216.21%WBB Securities
Stephen Brozak
→ $40MaintainsStrong BuyGet Alert
04/25/2024CDTXBuy Now
Cidara Therapeutics
$12.6597.63%Needham
Joseph Stringer
$3 → $25MaintainsBuyGet Alert
04/25/2024CDTXBuy Now
Cidara Therapeutics
$12.65Cantor Fitzgerald
Louise Chen
Reiterates → OverweightGet Alert
04/23/2024CDTXBuy Now
Cidara Therapeutics
$12.65Cantor Fitzgerald
Louise Chen
Reiterates → OverweightGet Alert
04/08/2024CDTXBuy Now
Cidara Therapeutics
$12.65-52.57%HC Wainwright & Co.
Ed Arce
$120 → $120MaintainsBuyGet Alert
12/07/2023CDTXBuy Now
Cidara Therapeutics
$12.65-52.57%HC Wainwright & Co.
Ed Arce
→ $120ReiteratesBuy → BuyGet Alert
11/06/2023CDTXBuy Now
Cidara Therapeutics
$12.65-52.57%HC Wainwright & Co.
Ed Arce
→ $120ReiteratesBuy → BuyGet Alert
09/22/2023CDTXBuy Now
Cidara Therapeutics
$12.65-76.28%Needham
Joseph Stringer
→ $60ReiteratesBuy → BuyGet Alert
09/22/2023CDTXBuy Now
Cidara Therapeutics
$12.65-52.57%HC Wainwright & Co.
Ed Arce
→ $120ReiteratesBuy → BuyGet Alert
09/08/2023CDTXBuy Now
Cidara Therapeutics
$12.65-76.28%Needham
Joseph Stringer
→ $60ReiteratesBuy → BuyGet Alert
09/07/2023CDTXBuy Now
Cidara Therapeutics
$12.65-52.57%HC Wainwright & Co.
Ed Arce
→ $120ReiteratesBuy → BuyGet Alert
08/07/2023CDTXBuy Now
Cidara Therapeutics
$12.65-52.57%HC Wainwright & Co.
Ed Arce
→ $120Reiterates → BuyGet Alert
08/04/2023CDTXBuy Now
Cidara Therapeutics
$12.65-76.28%Needham
Joseph Stringer
→ $60ReiteratesBuy → BuyGet Alert
08/01/2023CDTXBuy Now
Cidara Therapeutics
$12.65-52.57%HC Wainwright & Co.
Ed Arce
→ $120Reiterates → BuyGet Alert
08/01/2023CDTXBuy Now
Cidara Therapeutics
$12.65-60.47%Cantor Fitzgerald
Louise Chen
→ $100ReiteratesOverweight → OverweightGet Alert
06/26/2023CDTXBuy Now
Cidara Therapeutics
$12.65-52.57%HC Wainwright & Co.
Ed Arce
→ $120ReiteratesBuy → BuyGet Alert
05/15/2023CDTXBuy Now
Cidara Therapeutics
$12.65-52.57%HC Wainwright & Co.
Ed Arce
→ $120ReiteratesBuy → BuyGet Alert
05/12/2023CDTXBuy Now
Cidara Therapeutics
$12.65-76.28%Needham
Joseph Stringer
→ $60ReiteratesBuy → BuyGet Alert
04/18/2023CDTXBuy Now
Cidara Therapeutics
$12.65-76.28%Needham
Joseph Stringer
→ $60Reiterates → BuyGet Alert

FAQ

Q

What is the target price for Cidara Therapeutics (CDTX)?

A

The latest price target for Cidara Therapeutics (NASDAQ: CDTX) was reported by WBB Securities on April 25, 2024. The analyst firm set a price target for $40.00 expecting CDTX to rise to within 12 months (a possible 216.21% upside). 18 analyst firms have reported ratings in the last year.

Q

What is the most recent analyst rating for Cidara Therapeutics (CDTX)?

A

The latest analyst rating for Cidara Therapeutics (NASDAQ: CDTX) was provided by WBB Securities, and Cidara Therapeutics maintained their strong buy rating.

Q

When was the last upgrade for Cidara Therapeutics (CDTX)?

A

The last upgrade for Cidara Therapeutics Inc happened on September 22, 2021 when WBB Securities raised their price target to N/A. WBB Securities previously had a buy for Cidara Therapeutics Inc.

Q

When was the last downgrade for Cidara Therapeutics (CDTX)?

A

There is no last downgrade for Cidara Therapeutics.

Q

When is the next analyst rating going to be posted or updated for Cidara Therapeutics (CDTX)?

A

Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Cidara Therapeutics, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Cidara Therapeutics was filed on April 25, 2024 so you should expect the next rating to be made available sometime around April 25, 2025.

Q

Is the Analyst Rating Cidara Therapeutics (CDTX) correct?

A

While ratings are subjective and will change, the latest Cidara Therapeutics (CDTX) rating was a maintained with a price target of $0.00 to $40.00. The current price Cidara Therapeutics (CDTX) is trading at is $12.65, which is within the analyst’s predicted range.

Browse analyst ratings and price targets on all stocks.

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