
CASI Pharmaceuticals (CASI) Stock Forecast & Price Target
CASI Pharmaceuticals (CASI) Analyst Ratings
Bulls say
CASI Pharmaceuticals is poised for significant revenue growth, with projected risk-adjusted revenues for CID-103 anticipated to rise from $11 million in 2029 to $75 million by 2033. Additionally, the company has received Investigational New Drug (IND) clearance for its antibody-mediated rejection (AMR) treatment and is on track to initiate a Phase 1 dose-finding study in the third quarter of 2025. The leadership's experience in navigating FDA approvals further strengthens the outlook for CASI Pharmaceuticals as it progresses towards its new strategic direction.
Bears say
CASI Pharmaceuticals Inc. has a negative outlook primarily due to its heavy reliance on EVOMELA for revenue generation, which raises concerns about revenue sustainability if sales falter. Additionally, the company faces challenges related to competition in the biopharmaceutical market and a limited product pipeline, which may hinder future growth prospects. Furthermore, ongoing research and development expenditures without proportionate revenue increases could strain the company’s financial resources and profitability trajectory.
This aggregate rating is based on analysts' research of CASI Pharmaceuticals and is not a guaranteed prediction by Public.com or investment advice.
CASI Pharmaceuticals (CASI) Analyst Forecast & Price Prediction
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