C4 Therapeutics Inc (CCCC): Why Is The Stock Strong?

C4 Therapeutics Inc (NASDAQ:CCCC) has a beta value of 2.94 and has seen 1.22 million shares traded in the last trading session. The company, currently valued at $94.44M, closed the last trade at $1.33 per share which meant it gained $0.08 on the day or 6.40% during that session. The CCCC stock price is -475.94% off its 52-week high price of $7.66 and 18.05% above the 52-week low of $1.09.

The consensus among analysts is that C4 Therapeutics Inc (CCCC) is Hold stock at the moment, with a recommendation rating of 2.00. 0 analysts rate the stock as a Sell, while 0 rate it as Overweight. 2 out of 3 have rated it as a Hold, with 1 advising it as a Buy. 0 have rated the stock as Underweight. The expected earnings per share for the stock is -0.39.

C4 Therapeutics Inc (NASDAQ:CCCC) trade information

Over the past 30 days, the shares of C4 Therapeutics Inc (NASDAQ:CCCC) have changed -18.40%.

Wall Street analysts have a consensus price target for the stock at $12, which means that the shares’ value could jump 88.92% from current levels. The projected low price target is $12.0 while the price target rests at a high of $12.0. In that case, then, we find that the current price level is -802.26% off the targeted high while a plunge would see the stock gain -802.26% from current levels.

C4 Therapeutics Inc (CCCC) estimates and forecasts

The company’s shares have lost -68.26% over the past 6 months. Revenue growth from the last financial year stood is estimated to be -36.08%.

6 analysts offering their estimates for the company have set an average revenue estimate of 5.37M for the current quarter. 6 have an estimated revenue figure of 5.7M for the next ending quarter. Year-ago sales stood 12.01M and 15.36M respectively for this quarter and the next, and analysts expect sales will shrink by -55.30% for the current quarter and -36.08% for the next.

If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was -8.92% over the past 5 years. Earnings growth for 2025 is a modest -11.89% while over the next 5 years, the company’s earnings are expected to increase by 6.55%.

CCCC Dividends

C4 Therapeutics Inc is expected to release its next earnings report in July this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.

C4 Therapeutics Inc (NASDAQ:CCCC)’s Major holders

The top two institutional holders are LYNX1 CAPITAL MANAGEMENT LP with over 6.88 million shares worth more than $31.79 million. As of 2024-06-30, LYNX1 CAPITAL MANAGEMENT LP held 9.9993% of shares outstanding.

The other major institutional holder is RA CAPITAL MANAGEMENT, L.P., with the holding of over 4.88 million shares as of 2024-06-30. The firm’s total holdings are worth over $22.54 million and represent 7.0891% of shares outstanding.

Also the top two Mutual Funds that are holding company’s shares are WASATCH FUNDS TRUST-Wasatch Ultra Growth Fund and VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund . As of Mar 31, 2025 , the former fund manager holds about 6.42% shares in the company for having 4.56 shares of worth $6.06 million while later fund manager owns 2.07 shares of worth $2.76 million as of Mar 31, 2025 , which makes it owner of about 2.92% of company’s outstanding stock.

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