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Upturn AI Summary - About
Candel Therapeutics Inc(CADL)
Advisory History & Simulated Performance *
*as per simulation (see disclosures)- ALL
- 1Y
- 1M
- 1W
- BUY Advisory
- SELL Advisory (Profit)
- SELL Advisory (Loss)
- Profit
- Loss
- PASS (Skip)
Stock price based on last close Advisory Performance History (Simulated)
Upturn Advisory & Investor View for CADL
10/16/2026: CADL (5-star) is currently NOT-A-BUY. Pass it for now.
Candel Therapeutics is a clinical-stage biotechnology company focused on developing viral immunotherapies for cancer. Its primary strength lies in its proprietary enLIGHTEN platform, which aims to prime the immune system to fight tumors. The investment story centers on the potential of candidates like CAN-2409 to achieve clinical success in underserved oncology markets. However, the company faces significant risks, including no current product revenue, high cash burn, and intense competition from established pharmaceutical players. The stock is best suited for high-risk, growth-oriented investors who should closely monitor clinical trial results, regulatory updates, and the company's capital management as key indicators of long-term viability.
How to Read the Upturn Advisory
The Upturn Star Rating and the current BUY, SELL, or PASS advisory are generated by Upturn’s AI advisory engine based on proprietary signal analysis, price behavior, advisory history, and historical signal performance.
Company fundamentals, valuation, risks, and news provide supporting context about the business.
Investor Fit
| Investor style | Fit | Why |
|---|---|---|
| Growth investor | Mixed fit | The company offers high-growth potential if clinical trials succeed, but carries extreme risk. |
| Momentum investor | Mixed fit | Momentum may build around clinical data readouts, provided the broader market sentiment is positive. |
| Value investor | Weak fit | The company lacks current earnings or assets that would justify a traditional value-based investment. |
| Dividend investor | Weak fit | Candel does not pay dividends and is currently in a capital-intensive growth phase. |
| Low-risk investor | Weak fit | High volatility and the risks associated with biotechnology development make this unsuitable for low-risk portfolios. |
Risk Profile
| Risk factor | Level | Why it matters |
|---|---|---|
| Price volatility | High | Clinical trial results can cause significant swings in stock price. |
| Valuation risk | High | Valuation is speculative and based on the future potential of drug candidates. |
| Competition risk (Oncology immunotherapies) | High | Major pharmaceutical companies dominate the oncology market with significant resources. |
| Business quality | Medium | The platform technology is innovative, but the company lacks commercial track record. |
| Dividend income | Low / none | The company does not generate the cash flow required for dividends. |
| Execution risk | High | Success depends entirely on the outcome of complex and lengthy clinical development cycles. |
Price Behavior
Rolling Over
The price momentum is slowing down and beginning to turn downward.
Choppy
The stock has experienced frequent reversals and pronounced short-term price swings.
Analysis of Past Performance
Type Stock | Historic Profit 155.83% | Avg. Invested days 30 | Today’s Advisory PASS |
Upturn Advisory Rating  | Upturn Advisory Performance  3.0 | Stock Returns Performance  5.0 |
| Profits based on simulation | Last Close 10/16/2026 |
Upturn Scorecard
Upturn Star Rating 
Company Fundamentals
Financial Health Rating
Growth Momentum Score
Ownership
Top 5 Institutional Investors
Unit Economics (Per $1K Revenue)
Economic Dimensions
Quantitative Style Profile
Style Classification
Quality Focused
Key Highlights
Company Size Small-Cap Stock | Market Capitalization 626.69M USD | Price to earnings Ratio - | 1Y Target Price 21.75 |
Price to earnings Ratio - | 1Y Target Price 21.75 | ||
Volume (30-day avg) 1.1M shares | Beta -0.31 | 52 Weeks Range 4.35 - 14.00 | Updated Date 10/18/2026 |
52 Weeks Range 4.35 - 14.00 | Updated Date 10/18/2026 | ||
Dividends yield (FY) - | Basic EPS (TTM) -1.46 |
How Company Makes Money
| Business area | What it includes | Retail investor read |
|---|---|---|
| Drug Development | Clinical trial development for CAN-2409 and CAN-3110. | Candel is currently spending money to develop drugs rather than making money from sales. |
Valuation
Trailing PE - | Forward PE 43.48 | Enterprise Value 711.85M | Price to Sales(TTM) 436.42 |
Enterprise Value 711.85M | Price to Sales(TTM) 436.42 | ||
Enterprise Value to Revenue 821.98 | Enterprise Value to EBITDA -0.01 | Shares Outstanding 76.52M | Shares Floating 60.22M |
Shares Outstanding 76.52M | Shares Floating 60.22M | ||
Percent Insiders 14.65 | Percent Institutions 67.67 |
Financial Metrics
🧭 Investment Snapshot
Total Revenue (Scale)
Total money earned from selling products or services before any costs. It is needed to understand the scale of the business and its ability to generate income.
Net Income (Profit)
Final profit after all expenses, interest, and taxes are deducted. It is needed to determine the overall profitability available to shareholders.
Free Cash Flow (Cash Strength)
Cash remaining after operating activities and capital expenditures, showing cash available for growth. It is needed to evaluate the company’s ability to invest, pay dividends, or reduce debt.
📈 Growth & Strength
Operating Income (Core Profit)
Profit from core operations after deducting all operating expenses. It is needed to measure how efficiently the company runs its primary business activities.
EBITDA (Cash Earnings)
Earnings before interest, taxes, depreciation, and amortization, indicating operating cash potential. It is needed to compare operating performance across companies without accounting or financing differences.
Gross Profit (Unit Profitability)
Revenue minus cost of revenue, showing profit after direct production costs. It is needed to evaluate core business profitability before overhead expenses.
🛡️ Financial Safety
Cash (Liquidity Buffer)
Total cash and cash equivalents on hand. It is needed to evaluate immediate liquidity and financial flexibility.
Total Debt (Leverage Risk)
Total debt including both short-term and long-term components. It is needed to assess the company’s leverage and financial risk.
Net Working Capital (Short-Term Health)
Current assets minus current liabilities, indicating short-term liquidity strength. It is needed to assess whether the company can meet its short-term obligations.
🧱 Balance Sheet Strength
Stockholder Equity (Net Worth)
Total equity value held by shareholders. It is needed to understand the net worth of the company from the owners’ perspective.
Total Assets (Asset Base)
The full value of everything the company owns, including cash, inventory, equipment, and investments. It is needed to understand the resource base used to generate revenue.
Income Before Tax (Pre-Tax Earnings)
Income before provision for income taxes. It is needed to analyze profitability independent of tax structures.
⚙️ Cost & Drag Factors
Cost of Revenue (Production Cost)
Direct costs required to produce and deliver the products or services sold. It is needed to assess efficiency in production and service delivery.
Total Operating Expenses (Operating Cost)
Indirect costs of running the business such as salaries, marketing, and administration. It is needed to understand how much it costs to sustain ongoing business operations.
Income Tax Expense (Tax Drag)
Amount of taxes paid or payable to the government. It is needed to evaluate the impact of taxation on overall profitability.
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