TipRanks enables you to focus on the analyst rating consensus of all analysts or only the top performers in the past 3 months
CRDL Stock 12 Month Forecast
Average Price Target
C$11.71
▲(736.52% Upside)
Based on 2 Wall Street analysts offering 12 month price targets for Cardiol Therapeutics in the last 3 months. The average price target is C$11.71 with a high forecast of C$12.40 and a low forecast of C$11.02. The average price target represents a 736.52% change from the last price of C$1.40.
Cardiol Therapeutics: Strong Buy Rating Backed by Promising CardiolRx Trial Results and Strategic Growth PotentialValuation and risks: Our Buy rating and $9 price target are based on a risk-adjusted net present value (rNPV) analysis using a discounted cash flow (DCF) model. We apply a 13.4% weighted average cost of capital (WACC) and assume an exit multiple of 11.0x based on our 2031E revenue forecasts. We ascribe a 70% probability of success to CardiolRx in recurrent pericarditis, and take a very conservative approach to both the acute myocarditis and heart failure programs, and assign a 20% and 10% probabilities of success, respectively.
Is Cardiol Therapeutics a buy?Loe noted that final data arrived only slightly later than expected, with enrollment for the 12-week trial concluding in late fiscal Q3/24 and readout originally anticipated in Q2/25.
Cardiol Therapeutics: Strong Buy Rating Backed by Promising CardiolRx Trial Results and Strategic Growth PotentialValuation and risks: Our Buy rating and $9 price target are based on a risk-adjusted net present value (rNPV) analysis using a discounted cash flow (DCF) model. We apply a 13.4% weighted average cost of capital (WACC) and assume an exit multiple of 11.0x based on our 2031E revenue forecasts. We ascribe a 70% probability of success to CardiolRx in recurrent pericarditis, and take a very conservative approach to both the acute myocarditis and heart failure programs, and assign a 20% and 10% probabilities of success, respectively.
Is Cardiol Therapeutics a buy?Loe noted that final data arrived only slightly later than expected, with enrollment for the 12-week trial concluding in late fiscal Q3/24 and readout originally anticipated in Q2/25.
Stocks with the Highest Top Analyst Consensus in the Healthcare Sector
trades and holding each position for 1 Month would result in 55.56% of your transactions generating a profit, with an average return of +3.36% per trade.
trades and holding each position for 3 Months would result in 44.44% of your transactions generating a profit, with an average return of +5.93% per trade.
Copying Edward Nash's trades and holding each position for 1 Year would result in 33.33% of your transactions generating a profit, with an average return of +2.71% per trade.
trades and holding each position for 2 Years would result in 33.33% of your transactions generating a profit, with an average return of -1.54% per trade.
The Best Analyst Covering tool allows you to follow the analysts who have the best success rates and average returns on a specific stock. Only analysts that gave a Buy or Sell rating on the stock in the past 12 months are eligible for inclusion in this tool. Follow the analysts of your choice to receive real-time updates when they publish a new rating.
CRDL Analyst Recommendation Trends
Rating
Aug 25
Sep 25
Oct 25
Nov 25
Dec 25
Strong Buy
9
11
10
6
5
Buy
0
0
0
0
0
Hold
0
0
0
0
0
Sell
0
0
0
0
0
Strong Sell
0
0
0
0
0
total
9
11
10
6
5
In the current month, CRDL has received 5Buy Ratings, 0Hold Ratings, and 0Sell Ratings. CRDL average Analyst price target in the past 3 months is 11.71.
Each month's total comprises the sum of three months' worth of ratings.
CRDL Financial Forecast
CRDL Earnings Forecast
Next quarter’s earnings estimate for CRDL is -C$0.12 with a range of -C$0.17 to -C$0.08. The previous quarter’s EPS was -C$0.12. CRDL beat its EPS estimate ― of the time in the past 12 months, while its overall industry beat the EPS estimate 57.07% of the time in the same period. In the last calendar year CRDL has Performed in-line its overall industry.
Next quarter’s earnings estimate for CRDL is -C$0.12 with a range of -C$0.17 to -C$0.08. The previous quarter’s EPS was -C$0.12. CRDL beat its EPS estimate ― of the time in the past 12 months, while its overall industry beat the EPS estimate 57.07% of the time in the same period. In the last calendar year CRDL has Performed in-line its overall industry.
CRDL Sales Forecast
Next quarter’s sales forecast for CRDL is C$0.00 with a range of C$0.00 to C$0.00. The previous quarter’s sales results were C$0.00. CRDL beat its sales estimates ― of the time in past 12 months, while its overall industry beat sales estimates 47.62% of the time in the same period. In the last calendar year CRDL has Performed in-line its overall industry.
Next quarter’s sales forecast for CRDL is C$0.00 with a range of C$0.00 to C$0.00. The previous quarter’s sales results were C$0.00. CRDL beat its sales estimates ― of the time in past 12 months, while its overall industry beat sales estimates 47.62% of the time in the same period. In the last calendar year CRDL has Performed in-line its overall industry.
CRDL Stock Forecast FAQ
What is TSE:CRDL’s average 12-month price target, according to analysts?
Based on analyst ratings, Cardiol Therapeutics’s 12-month average price target is 11.71.
What is TSE:CRDL’s upside potential, based on the analysts’ average price target?
Cardiol Therapeutics has 736.52% upside potential, based on the analysts’ average price target.
Can I see which stocks the top-ranking analysts are rating?
Yes, go to the Analysts’ Top Stocks tool to see stocks with a Strong Buy or Strong Sell analyst rating consensus, according to the top performers.
How can I follow the stock ratings of top Wall Street analysts?
Head over to our Expert Center to see a list of the top 100 Wall Street analysts and follow the analysts of your choice. Visit their profiles for more details about their stock ratings and see how they perform on a stock-by-stock basis.
Is TSE:CRDL a Buy, Sell or Hold?
Cardiol Therapeutics has a consensus rating of Moderate Buy which is based on 2 buy ratings, 0 hold ratings and 0 sell ratings.
What is Cardiol Therapeutics’s price target?
The average price target for Cardiol Therapeutics is 11.71. This is based on 2 Wall Streets Analysts 12-month price targets, issued in the past 3 months. The highest analyst price target is C$12.40 ,the lowest forecast is C$11.02. The average price target represents 736.52% Increase from the current price of C$1.4.
What do analysts say about Cardiol Therapeutics?
Cardiol Therapeutics’s analyst rating consensus is a Moderate Buy. This is based on the ratings of 2 Wall Streets Analysts.
How can I buy shares of TSE:CRDL?
Open a brokerage account, see exclusive account opening deals on our Best Online Brokers page.