# Candel Therapeutics (CADL) — Analyst Forecast

CADL · NASDAQ · Stock

Canonical page: https://www.lighthorse.io/tickers/cadl/forecast

## Recent analyst ratings

| Date | Firm | Action | Rating | Price target |
| --- | --- | --- | --- | --- |
| Sep 21, 2026 | B of A Securities | Upgraded | Neutral → Buy | $18.00 |
| Aug 14, 2026 | B of A Securities | Maintained | Neutral | $12.00 |
| Aug 13, 2026 | HC Wainwright & Co. | Maintained | Buy | $23.00 |
| Jul 13, 2026 | Stifel | Initiated Coverage | Buy | $22.00 |
| Apr 20, 2026 | Cantor Fitzgerald | Initiated Coverage | Overweight | — |
| Mar 18, 2026 | Citigroup | Maintained | Buy | $26.00 |
| Mar 13, 2026 | Canaccord Genuity | Maintained | Buy | $25.00 |
| Mar 13, 2026 | Citigroup | Maintained | Buy | $22.00 |
| Dec 8, 2025 | Stephens & Co. | Maintained | Overweight | $15.00 |
| Nov 14, 2025 | Citigroup | Maintained | Buy | $24.00 |
| Oct 28, 2025 | Stephens & Co. | Initiated Coverage | Overweight | $15.00 |
| Oct 21, 2025 | LifeSci Capital | Initiated Coverage | Outperform | $16.00 |
| Sep 29, 2025 | HC Wainwright & Co. | Maintained | Buy | $23.00 |
| Sep 3, 2025 | B of A Securities | Downgraded | Buy → Neutral | $7.00 |
| Jun 30, 2025 | HC Wainwright & Co. | Initiated Coverage | Buy | $23.00 |
| Apr 11, 2025 | HC Wainwright & Co. | Maintained | Buy | $19.00 |
| Mar 14, 2025 | HC Wainwright & Co. | Maintained | Buy | $19.00 |
| Feb 26, 2025 | HC Wainwright & Co. | Maintained | Buy | $19.00 |
| Feb 26, 2025 | Canaccord Genuity | Maintained | Buy | $25.00 |
| Feb 20, 2025 | Citigroup | Initiated Coverage | Buy | $25.00 |

## Frequently Asked Questions

### What is the latest analyst rating on CADL?

On Sep 21, 2026, B of A Securities upgraded Candel Therapeutics to Buy with a price target of $18.00.

---

Analyst ratings and price targets are the opinions of third-party research firms, not of Light Horse Securities. They are estimates about an uncertain future, are frequently wrong, and are neither a recommendation nor a prediction of actual results.

This page is for informational purposes only. Nothing on it is a recommendation, solicitation or offer to buy or sell any security, nor investment, legal or tax advice. Light Horse Securities Inc does not verify third-party data and is not responsible for its accuracy, completeness or timeliness.

Data provided by [AInvest](https://www.ainvest.com).