CDTX Chart
About

Cidara Therapeutics, Inc. operates as a biotechnology company that focuses on developing targeted therapies for patients facing cancers and other serious diseases. The company's product includes rezafungin acetate, a novel molecule in the echinocandin class of antifungals for the treatment and prevention of invasive fungal infections, including candidemia and invasive candidiasis, which are fungal infections associated with high mortality rates. It also develops its Cloudbreak platform that enables development of novel drug-Fc conjugates, that includes CD388, a potent antiviral designed to deliver universal prevention and treatment of seasonal and pandemic influenza, which is in Phase 1 and Phase 2a clinical trials. The company was formerly known as K2 Therapeutics, Inc. and changed its name to Cidara Therapeutics, Inc. in July 2014. Cidara Therapeutics, Inc. was incorporated in 2012 and is based in San Diego, California.

Fundamentals
Scroll to Statements
Sector Healthcare Industry Biotechnology Market Cap 6.96B
Enterprise Value 6.54B Income -184.80M Sales —
Book/sh 14.40 Cash/sh 13.36 Dividend Yield —
Payout 0.00% Employees 38 IPO Apr 15, 2015
P/E — Forward P/E -30.70 PEG —
P/S inf P/B 15.37 P/C —
EV/EBITDA -40.95 EV/Sales — Quick Ratio 4.40
Current Ratio 4.62 Debt/Eq 0.47 LT Debt/Eq —
EPS (ttm) -11.20 EPS next Y -7.21 EPS Growth —
Revenue Growth — Earnings 2026-03-05 ROA -29.35%
ROE -68.70% ROIC — Gross Margin 0.00%
Oper. Margin 0.00% Profit Margin 0.00% Shs Outstand 31.45M
Shs Float 23.11M Short Float 6.43% Short Ratio 1.34
Short Interest — 52W High 221.42 52W Low 15.22
Beta 1.53 Avg Volume 1.43M Volume 2.69M
Target Price $221.50 Recom Hold Prev Close $221.38
Price $221.38 Change 0.00%
Valuation Models

Price estimates from analyst targets and simple models.

1. Analyst consensus
$221.50
Mean price target
2. Current target
$221.38
Latest analyst target
3. DCF / Fair value
$-18.40
Simplified: (Free Cash Flow ÷ Shares) × 18 (P/FCF multiple). Not a …
Ratings
Current target
$221.38
Low
$221.50
High
$221.50
Mean
$221.50

Latest analyst rating changes

Date Action Analyst Rating Change Price Target
2025-11-18 down Guggenheim Buy → Neutral —
2025-11-14 down HC Wainwright & Co. Buy → Neutral —
2025-11-14 down Needham Buy → Hold —
2025-11-07 main RBC Capital Outperform → Outperform $145
2025-11-07 main Needham Buy → Buy $135
2025-10-21 reit HC Wainwright & Co. Buy → Buy $150
2025-10-16 init Morgan Stanley — → Overweight $190
2025-10-10 init JP Morgan — → Overweight $200
2025-10-09 main WBB Securities Strong Buy → Strong Buy $199
2025-10-09 main HC Wainwright & Co. Buy → Buy $150
2025-10-03 main JMP Securities Market Outperform → Market Outperform $173
2025-09-26 main HC Wainwright & Co. Buy → Buy $110
2025-09-25 main Guggenheim Buy → Buy $167
2025-09-24 main Needham Buy → Buy $100
2025-09-24 reit WBB Securities Strong Buy → Strong Buy $123
2025-09-22 main WBB Securities Strong Buy → Strong Buy $123
2025-08-08 main JMP Securities Market Outperform → Market Outperform $66
2025-08-08 main Needham Buy → Buy $74
2025-08-08 main HC Wainwright & Co. Buy → Buy $74
2025-06-30 main JMP Securities Market Outperform → Market Outperform $59
Insider Transactions
Date Shares Value Url Text Insider Position Transaction Start Date Ownership
0 450 — — Stock Gift at price 0.00 per share. DAVARPANAH NICOLE NEGAR Officer — 2025-12-29 00:00:00 D
1 51379 — — Stock Gift at price 0.00 per share. STEIN JEFFREY Chief Executive Officer — 2025-12-22 00:00:00 D/I
2 9959 2191747.0 — Sale at price 220.08 per share. WARD SHANE M Chief Operating Officer — 2025-12-10 00:00:00 D
3 9959 188761.0 — Conversion of Exercise of derivative security at price 16.65 - 20.20 per share. WARD SHANE M Chief Operating Officer — 2025-12-10 00:00:00 D
4 474 29797.0 — Sale at price 62.86 per share. DAVARPANAH NICOLE NEGAR Officer — 2025-09-11 00:00:00 D
5 2272727 99999988.0 — Purchase at price 44.00 per share. RA CAPITAL MANAGEMENT, L.P. Beneficial Owner of more than 10% of a Class of Security — 2025-06-26 00:00:00 I
6 3320 73896.0 — Purchase at price 21.71 - 23.44 per share. MINEO CHRYSA Director — 2025-06-03 00:00:00 D
7 10000 — — Stock Award(Grant) at price 0.00 per share. DAVARPANAH NICOLE NEGAR Officer — 2025-05-01 00:00:00 D
8 25000 — — Stock Award(Grant) at price 0.00 per share. WARD SHANE M Chief Operating Officer — 2025-03-31 00:00:00 D
9 1664 36542.0 — Sale at price 21.96 per share. WARD SHANE M Chief Operating Officer — 2025-03-11 00:00:00 D
Financials
Line Item2024-12-312023-12-312022-12-312021-12-31
TaxEffectOfUnusualItems0.000.000.000.00
TaxRateForCalcs0.000.210.210.00
NormalizedEBITDA-175.87M-26.94M-33.36M-42.26M
NetIncomeFromContinuingOperationNetMinorityInterest-170.29M-25.08M-33.58M-42.47M
ReconciledDepreciation233.00K118.00K143.00K-1.23M
ReconciledCostOfRevenue1.52M0.00
EBITDA-175.87M-26.94M-33.36M-42.26M
EBIT-176.10M-27.06M-33.50M-42.26M
NetInterestIncome5.81M2.00M191.00K-212.00K
InterestIncome5.81M2.00M191.00K
NormalizedIncome-170.29M-25.08M-33.58M-42.47M
NetIncomeFromContinuingAndDiscontinuedOperation-169.83M-22.93M-33.58M-42.47M
TotalExpenses177.38M50.34M97.95M91.83M
TotalOperatingIncomeAsReported-176.10M-27.06M-33.50M-42.26M
DilutedAverageShares6.35M4.37M3.49M2.62M
BasicAverageShares6.35M4.37M3.49M2.62M
DilutedEPS-26.75-5.25-8.60-16.20
BasicEPS-26.75-5.25-8.60-16.20
DilutedNIAvailtoComStockholders-169.83M-22.93M-33.58M-42.47M
NetIncomeCommonStockholders-169.83M-22.93M-33.58M-42.47M
NetIncome-169.83M-22.93M-33.58M-42.47M
NetIncomeIncludingNoncontrollingInterests-169.83M-22.93M-33.58M-42.47M
NetIncomeDiscontinuousOperations464.00K2.15M
NetIncomeContinuousOperations-170.29M-25.08M-33.58M-42.47M
TaxProvision0.0015.00K272.00K0.00
PretaxIncome-170.29M-25.07M-33.31M-42.47M
NetNonOperatingInterestIncomeExpense5.81M2.00M191.00K-212.00K
TotalOtherFinanceCost-191.00K212.00K
InterestIncomeNonOperating5.81M2.00M191.00K
OperatingIncome-176.10M-27.06M-33.50M-42.26M
OperatingExpense177.38M50.34M97.95M91.83M
ResearchAndDevelopment156.76M36.76M77.41M73.09M
SellingGeneralAndAdministration20.61M13.58M20.55M18.74M
GeneralAndAdministrativeExpense20.61M13.58M20.55M18.74M
OtherGandA20.61M13.58M20.55M18.74M
GrossProfit62.38M64.45M
CostOfRevenue1.52M0.00
TotalRevenue1.27M23.28M64.45M49.57M
OperatingRevenue1.27M23.28M64.45M49.57M
Line Item2024-12-312023-12-312022-12-312021-12-31
OrdinarySharesNumber10.95M4.53M3.62M3.39M
ShareIssued10.95M4.53M3.62M3.39M
TotalDebt3.58M4.88M1.21M5.06M
TangibleBookValue163.31M-8.21M-14.44M21.57M
InvestedCapital163.31M-8.21M-14.44M24.16M
WorkingCapital161.18M-6.56M3.69M37.68M
NetTangibleAssets163.31M-8.21M-14.44M21.57M
CapitalLeaseObligations3.58M4.88M1.21M2.47M
CommonStockEquity163.31M-8.21M-14.44M21.57M
TotalCapitalization163.31M-8.21M-14.44M21.57M
TotalEquityGrossMinorityInterest163.31M-8.21M-14.44M21.57M
StockholdersEquity163.31M-8.21M-14.44M21.57M
RetainedEarnings-611.26M-441.43M-418.50M-377.17M
AdditionalPaidInCapital774.57M433.22M404.06M398.73M
CapitalStock1.00K1.00K7.00K7.00K
CommonStock1.00K1.00K7.00K7.00K
PreferredStock0.000.000.000.00
TotalLiabilitiesNetMinorityInterest51.49M75.24M61.92M53.75M
TotalNonCurrentLiabilitiesNetMinorityInterest1.93M7.82M20.52M19.73M
LiabilitiesHeldforSaleNonCurrent0.004.25M
NonCurrentDeferredLiabilities4.25M20.52M18.41M
NonCurrentDeferredRevenue4.25M20.52M18.41M
LongTermDebtAndCapitalLeaseObligation1.93M3.58M0.001.32M
LongTermCapitalLeaseObligation1.93M3.58M0.001.32M
CurrentLiabilities49.55M67.42M41.40M34.02M
OtherCurrentLiabilities24.66M
CurrentDeferredLiabilities0.00430.00K14.61M13.92M
CurrentDeferredRevenue0.00430.00K14.61M13.92M
CurrentDebtAndCapitalLeaseObligation1.64M1.30M1.21M3.74M
CurrentCapitalLeaseObligation1.64M1.30M1.21M1.15M
CurrentDebt2.59M
OtherCurrentBorrowings2.59M
PensionandOtherPostRetirementBenefitPlansCurrent4.91M5.03M4.92M4.86M
PayablesAndAccruedExpenses43.00M35.99M20.65M11.50M
CurrentAccruedExpenses13.35M14.18M7.67M10.20M
Payables29.65M21.81M12.98M1.30M
TotalTaxPayable26.05M18.04M11.53M
AccountsPayable3.61M3.77M1.45M1.30M
TotalAssets214.80M67.03M47.49M75.33M
TotalNonCurrentAssets4.06M6.17M2.39M3.63M
OtherNonCurrentAssets96.00K1.05M1.07M1.08M
NetPPE3.96M5.13M1.32M2.54M
AccumulatedDepreciation-3.34M-3.19M-3.16M-3.22M
GrossPPE7.31M8.32M4.48M5.77M
Leases425.00K425.00K425.00K425.00K
OtherProperties6.38M7.39M3.51M4.66M
MachineryFurnitureEquipment505.00K505.00K540.00K686.00K
BuildingsAndImprovements2.29M
Properties0.000.000.000.00
CurrentAssets210.74M60.85M45.09M71.70M
OtherCurrentAssets12.87M1.71M6.53M
AssetsHeldForSaleCurrent0.009.29M
RestrictedCash6.35M0.000.002.59M
PrepaidAssets6.53M4.07M
Inventory6.10M0.00
FinishedGoods0.000.00
WorkInProcess3.41M0.00
RawMaterials2.69M0.00
Receivables1.69M14.07M5.83M5.36M
AccountsReceivable1.69M14.07M5.83M5.36M
CashCashEquivalentsAndShortTermInvestments189.82M35.78M32.73M59.68M
CashAndCashEquivalents189.82M35.78M32.73M59.68M
Line Item2024-12-312023-12-312022-12-312021-12-31
FreeCashFlow-176.66M-22.94M-28.59M-25.27M
RepaymentOfDebt-276.00K0.00-2.59M-4.44M
IssuanceOfCapitalStock337.33M25.96M2.36M49.03M
CapitalExpenditure-129.00K-505.00K-118.00K-41.00K
InterestPaidSupplementalData0.0040.00K228.00K
IncomeTaxPaidSupplementalData95.00K797.00K0.00
EndCashPosition196.18M35.78M32.73M62.27M
BeginningCashPosition35.78M32.73M62.27M42.95M
ChangesInCash160.40M3.05M-29.54M19.32M
FinancingCashFlow337.06M25.98M-951.00K44.60M
CashFlowFromContinuingFinancingActivities337.06M25.98M-951.00K44.60M
NetOtherFinancingCharges-39.00K-720.00K
ProceedsFromStockOptionExercised46.00K21.00K0.006.00K
NetCommonStockIssuance337.33M25.96M2.36M49.03M
CommonStockIssuance337.33M25.96M2.36M49.03M
NetIssuancePaymentsOfDebt-276.00K0.00-2.59M-4.44M
NetLongTermDebtIssuance-276.00K0.00-2.59M-4.44M
LongTermDebtPayments-276.00K0.00-2.59M-4.44M
InvestingCashFlow-129.00K-505.00K-118.00K-41.00K
CashFlowFromContinuingInvestingActivities-129.00K-505.00K-118.00K-41.00K
NetPPEPurchaseAndSale-129.00K-505.00K-118.00K-41.00K
PurchaseOfPPE-129.00K-505.00K-118.00K-41.00K
OperatingCashFlow-176.53M-22.43M-28.47M-25.23M
CashFlowFromContinuingOperatingActivities-176.53M-22.43M-28.47M-25.23M
ChangeInWorkingCapital-13.93M-3.92M454.00K14.44M
ChangeInOtherWorkingCapital-29.38M-5.56M2.85M8.41M
ChangeInOtherCurrentLiabilities-1.08M-973.00K-1.05M1.53M
ChangeInPayablesAndAccruedExpense7.00M15.39M1.57M-1.09M
ChangeInAccruedExpense8.01M6.51M3.94M
ChangeInPayable-1.00M8.89M-2.37M
ChangeInAccountPayable-1.00M8.89M-2.37M
ChangeInPrepaidAssets-10.85M3.73M-2.44M-229.00K
ChangeInInventory6.10M-6.10M0.00
ChangeInReceivables14.28M-10.41M-477.00K5.82M
ChangesInAccountReceivables14.28M-10.41M-477.00K5.82M
OtherNonCashItems3.09M1.24M982.00K15.00K
StockBasedCompensation3.91M3.06M3.53M4.01M
DepreciationAmortizationDepletion233.00K118.00K143.00K-1.23M
DepreciationAndAmortization233.00K118.00K143.00K-1.23M
Depreciation233.00K118.00K143.00K-1.23M
NetIncomeFromContinuingOperations-169.83M-22.93M-33.58M-42.47M
SEC Filings

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