Calidi Biotherapeutics (NYSE:CLDI) Posts Earnings Results, Beats Expectations By $0.03 EPS

Calidi Biotherapeutics (NYSE:CLDIGet Free Report) announced its quarterly earnings data on Tuesday. The company reported ($1.40) EPS for the quarter, topping analysts’ consensus estimates of ($1.43) by $0.03, Yahoo Finance reports.

Calidi Biotherapeutics Stock Performance

Shares of NYSE CLDI remained flat at $1.65 during trading hours on Wednesday. The stock had a trading volume of 11,760 shares, compared to its average volume of 155,274. Calidi Biotherapeutics has a one year low of $1.41 and a one year high of $137.90.

Wall Street Analyst Weigh In

A number of research analysts have issued reports on CLDI shares. LADENBURG THALM/SH SH started coverage on Calidi Biotherapeutics in a research note on Thursday, June 27th. They issued a “buy” rating and a $10.00 target price for the company. Robert W. Baird dropped their target price on Calidi Biotherapeutics from $45.00 to $20.00 and set an “outperform” rating on the stock in a report on Wednesday, May 15th.

Read Our Latest Stock Analysis on CLDI

About Calidi Biotherapeutics

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Calidi Biotherapeutics Inc is a clinical-stage immuno-oncology company with proprietary technology designed to arm the immune system to fight cancer with a novel stem cell-based therapy. Calidi Biotherapeutics Inc, formerly known as First Light Acquisition Group, is based in SAN DIEGO.

Further Reading

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