
C4 Therapeutics (CCCC) Stock Forecast & Price Target
C4 Therapeutics (CCCC) Analyst Ratings
Bulls say
C4 Therapeutics Inc. is demonstrating a promising outlook for its primary asset, cemsidomide, which has shown encouraging efficacy with an overall response rate (ORR) of 34% in a heavily pre-treated relapsed/refractory multiple myeloma (RRMM) cohort, significantly outperforming a competitor's ORR of 25%. The company's innovative approach to targeted protein degradation leverages its TORPEDO platform, which may allow for the development of small-molecule therapies aimed at previously undruggable targets, thereby enhancing patient treatment options. Additionally, cemsidomide's ability to reduce the supportive care burden relative to competitors underscores its potential to improve patient outcomes and positions the company favorably in the evolving oncology landscape.
Bears say
C4 Therapeutics Inc. is experiencing a negative outlook due to expected lower utilization of G-CSF in their Phase 2 study, which may hinder clinical efficacy and patient recruitment. Additionally, the implications of the Inflation Reduction Act of 2022 forecast reduced pricing power across the biopharmaceutical sector, potentially limiting the company’s future cash inflows. Furthermore, C4 Therapeutics' focus on difficult-to-drug opportunities increases the risk of regulatory challenges if sufficient data and progress are not achieved in clinical trials.
This aggregate rating is based on analysts' research of C4 Therapeutics and is not a guaranteed prediction by Public.com or investment advice.
C4 Therapeutics (CCCC) Analyst Forecast & Price Prediction
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