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Connect Biopharma Holdings ( (CNTB) ) has provided an announcement.
On July 17, 2025, Connect Biopharma Holdings announced it has regained compliance with Nasdaq’s minimum bid price requirement, after previously falling below the $1.00 per share threshold. This compliance, achieved by maintaining a closing bid price of $1.00 or greater for 10 consecutive business days, ensures the company’s continued listing on the Nasdaq Global Market, positively impacting its market position and stakeholder confidence.
The most recent analyst rating on (CNTB) stock is a Buy with a $6.00 price target. To see the full list of analyst forecasts on Connect Biopharma Holdings stock, see the CNTB Stock Forecast page.
Spark’s Take on CNTB Stock
According to Spark, TipRanks’ AI Analyst, CNTB is a Neutral.
Connect Biopharma Holdings’ overall score reflects the challenges of unprofitability and negative cash flow despite recent revenue growth and a strong balance sheet. Technical indicators suggest a bearish trend, while the valuation highlights the risks typical of early-stage biotech firms. However, the positive corporate event regarding FDA support for Phase 2 trials offers a promising growth opportunity in the pipeline, improving the outlook.
To see Spark’s full report on CNTB stock, click here.
More about Connect Biopharma Holdings
Connect Biopharma Holdings Limited operates in the biopharmaceutical industry, focusing on the development of therapies for the treatment of inflammatory diseases.
Average Trading Volume: 106,095
Technical Sentiment Signal: Buy
Current Market Cap: $80.81M
For an in-depth examination of CNTB stock, go to TipRanks’ Overview page.