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- $608.1MMarket Cap
- 46.43%1-Year Change
- BiotechnologyIndustry
CANDEL THERAPEUT (CADL)
Key Performance
More- Earnings Score: N/A
- Momentum Score: 74
- True Yield: N/A
- Financial Health Score: N/A
Latest Research & News
U.S. stock futures rose on Friday ahead of Q4 GDP data and PCE inflation gauge releases. Markets are pricing in a 94% likelihood of unchanged Fed rates in March. Notable movers include Copart missing earnings expectations, Comfort Systems raising dividends, Grail plunging 47% on weak earnings, Candel Therapeutics declining on stock offering announcement, and Dropbox falling despite beating earnings. Wells Fargo strategist recommends leaning into growth-sensitive sectors like Financials and Industrials rather than defensive positioning.
02/20/2026, 8:56 AM • Benzinga
U.S. stock futures rose on Friday ahead of Q4 GDP data and PCE inflation gauge releases. Markets are pricing in a 94% likelihood of unchanged Fed rates in March. Notable movers include Copart missing earnings expectations, Comfort Systems raising dividends, Grail plunging 47% on weak earnings, Candel Therapeutics declining on stock offering announcement, and Dropbox falling despite beating earnings. Wells Fargo strategist recommends leaning into growth-sensitive sectors like Financials and Industrials rather than defensive positioning.
02/20/2026, 4:57 AM • Benzinga
Candel Therapeutics Announces Pricing of Public Offering
Candel Therapeutics announced a public offering of 18.3 million shares at $5.45 per share, raising $100 million in gross proceeds. The company plans to use the funds for launch readiness and commercialization of aglatimagene besadenovec for localized prostate cancer, ongoing phase 3 trials in non-small cell lung cancer, and general corporate purposes. The offering is expected to close on February 23, 2026.
02/19/2026, 9:40 PM • GlobeNewswire
Candel Therapeutics Announces Proposed $100 Million Public Offering
Candel Therapeutics (NASDAQ: CADL) announced a proposed $100 million public offering of common stock, with an additional $15 million option for underwriters. The company plans to use proceeds for launch readiness, commercialization activities, and development of aglatimagene for prostate cancer and non-small cell lung cancer, along with general corporate purposes. Citigroup, Cantor, and Stifel are acting as joint bookrunning managers.
02/19/2026, 4:05 PM • Benzinga
The global oncolytic virotherapy market is projected to grow from USD 49.73 million in 2025 to USD 153.31 million by 2031, with a CAGR of 20.64%. Growth is driven by rising cancer incidence, advances in genetic engineering, and synergistic combination therapies with checkpoint inhibitors. However, host immune system challenges and premature viral clearance remain significant obstacles to market expansion.
01/23/2026, 5:52 AM • GlobeNewswire
Candel Therapeutics presented three key research presentations at SITC 2025, highlighting advances in immunotherapy for solid tumors using multi-omics analysis and artificial intelligence, including promising phase 3 clinical trial results for CAN-2409 in prostate cancer and preclinical data from their enLIGHTENâ„¢ Discovery Platform.
11/04/2025, 9:00 AM • GlobeNewswire
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MoreInformation as of 06/02/2026
Company Profile
Candel Therapeutics, Inc., a clinical stage biopharmaceutical company, develops immunotherapies for cancer patients. It develops CAN-2409, which is in Phase 2a clinical trials for the treatment of prostate cancer; and Phase 2a clinical trials for the treatment of non-small cell lung cancer (NSCLC). The company is also developing CAN-3110, which is in Phase Ib clinical trials for the treatment of recurrent high-grade glioma. In addition, it develops the enLIGHTEN Discovery Platform, a systematic, iterative herpes simplex virus based discovery platform leveraging human biology and advanced analytics to create new viral immunotherapy candidates for solid tumors. The company was formerly known as Advantagene, Inc. and changed its name to Candel Therapeutics, Inc. in November 2020. Candel Therapeutics, Inc. was incorporated in 2003 and is headquartered in Needham, Massachusetts.
Key Executives
- Paul-Peter Tak FOCIS
- Seshu Tyagarajan
- Francesca Barone
- Charles Schoch
- Susan Stewart
Current Ownership Distribution
- Institutions216.9M (70.28%)
- Mutual Funds88.6M (28.69%)
- Insiders3.2M (1.02%)
- Other0 (0.00%)