CVKD Stock Price Forecast and Prediction 2024, 2025, 2026-2030: Is CVKD a Good Buy?

Get the latest CVKD stock forecast and prediction for coming months and years from 2004 to 2030. Here you can read up other useful information about Cadrenal Therapeutics Inc stock to guide aid your investment decision.

Is CVKD stock publicly traded?

Yes, the CVKD went public on January 20, 2023 in the NASDAQ exchange under the ticker Symbol ‘CVKD’ with IPO price of $5.00 per share. The IPO market cap is $58.17million. 

CVKD is the business of the Cadrenal Therapeutics Inc, a clinical-stage biopharmaceutical company in the biotech industry. The company was founded on January 25, 2022 and is headquartered in Ponte Vedra, Florida, United States.

Is CVKD Stock Overvalued or Undervalued?

It is overvalued. But considering in theory that the Cadrenal Therapeutics Common has real value of 1.08 and Target Price of 3.0, we may say it is undervalued. However, valuation metrics speak otherwise.

The CVKD PB ratio of 2.02 shows the stock is slightly overvalued. Given a PE (TTM) ratio of -1.29 and EPS (TTM) of -0.37 CVKD looks very much overvalued with increasing net loss for the past 12 months.

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A negative PE ratio is often difficult a number to interpret, it’s normally listed as not available.

Will CVKD Stock Go Up?

Yes, CVKD has a growth prospect irrespective of some negative fundamentals. Analysts with 12-month price forecasts for CVKD stock have an average target of 3.50, with a low estimate of 3.00 and a high estimate of 4.00.

The average target predicts an increase of 600% from the current stock price of 0.50. It has 23.4% volatility rate 2.44 Beta Coefficient, which means that the stock is more volatile than the overall industry’s benchmark. The volatility in most cases is upward driven.

Analysts tracking CVKD in the past 3 month estimated the average price target of $3.00 with a high estimate of $3.00 and a low estimate of $3.00. The average price target represents a 500% increase from the last price of $0.50.

Is CVKD a Good Buy? 

Based on CVKD stock forecast, is currently a good buy. This is because the price of CVKD is expected to increase by about 98% in the next year.

In effect, analysts consider CVKD as having a long term investment drive with future growth potential. CVKD has received a strong buy recommendation. Wall Street analysts projected a $3.50 per share, indicating 600% possible gains from CVKD current $0.50 price.

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Out of 11 Moneystics analysts, 6 (54.54%) are recommending CVKD as a Strong Buy, 3 (27.27%) are recommending CVKD as a Buy, 2 (18.18) are recommending CVKD as a Hold, 0 (0.00%) are recommending CVKD as a strong Sell, and 0 (0%) are recommending CVKD as a sell.

CVKD Stock Price Forecast and Prediction 2024, 2025, 2026-2030

The price of CVKD stock today is $0.50. Moneystics Stock forecasting algorithm uses machine learning and in-depth learning technologies for CVKD stock.

Our model uses historical CVKD stock price data, volume, financial statements, market sentiment and broader economic conditions. 

CVKD Stock Forecast 2024

Year/Month	Average Price $	Opening Price $	High   $	Low   $	Closing Price $	Total % change
September	0.58	0.58	0.59	0.50	0.58	-0.70%
October	0.59	0.58	0.59	0.50	0.59	1.54%
November	0.59	0.59	0.59	0.50	0.59	0.43%
December	0.59	0.59	0.60	0.50	0.60	1.12%

The monthly forecast for the remainder of 2024 shows that CVKD reaches average price of $0.59 per share in December 2024, which is 18% above the current price.

CVKD Stock Forecast 2025

Year/Month	Average Price $	Opening Price $	High   $	Low   $	Closing Price $	Total % change
January	0.63	0.61	0.64	0.51	0.64	4.92%
February	0.65	0.64	0.66	0.47	0.65	1.56%
March	0.64	0.65	0.64	0.52	0.63	-3.08%
April	0.64	0.63	0.65	0.49	0.65	3.18%
May	0.66	0.65	0.68	0.50	0.67	3.08%
June	0.67	0.67	0.67	0.52	0.66	-1.49%
July	0.67	0.66	0.68	0.51	0.67	1.52%
August	0.68	0.67	0.69	0.49	0.68	1.49%
September	0.70	0.69	0.70	0.51	0.70	1.45%
October	0.72	0.71	0.74	0.52	0.73	2.82%
November	0.75	0.74	0.77	0.51	0.75	1.35%
December	0.74	0.76	0.73	0.52	0.72	-5.26%

The monthly forecast for 2025 shows that CVKD attains average price of $0.74 per share in December 2025, which is 48% above the current price.

CVKD Stock Forecast 2026

Year/Month	Average Price $	Opening Price $	High   $	Low   $	Closing Price $	Total % change
January	0.74	0.73	0.76	0.53	0.75	2.74%
February	0.76	0.74	0.78	0.52	0.77	4.05%
March	0.77	0.78	0.79	0.5	0.76	-2.56%
April	0.77	0.76	0.78	0.54	0.78	2.63
May	0.80	0.80	0.81	0.53	0.79	-1.25%
June	0.78	0.78	0.80	0.51	0.77	-1.28%
July	0.77	0.78	0.82	0.55	0.76	-2.56%
August	0.78	0.77	0.79	0.50	0.78	1.30%
September	0.79	0.78	0.81	0.52	0.79	1.28%
October	0.80	0.79	0.82	0.51	0.81	2.53%
November	0.81	0.82	0.84	0.49	0.79	-3.69%
December	0.81	0.79	0.83	0.52	0.83	5.06%

The monthly forecast for 2026 shows that CVKD attains average price of $0.81 per share in December 2026, which is 62% above the current price.

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CVKD Stock Forecast 2027

Year/Month	Average Price $	Opening Price $	High   $	Low   $	Closing Price $	Total % change
January	0.85	0.84	0.87	0.52	0.86	2.38%
February	0.88	0.87	0.89	0.51	0.88	1.15%
March	0.86	0.87	0.91	0.53	0.84	-3.45%
April	0.89	0.88	0.93	0.50	0.89	1.14%
May	0.91	0.90	0.94	0.52	0.91	1.11%
June	0.92	0.91	0.95	0.56	0.93	2.20%
July	0.95	0.95	0.97	0.53	0.94	-1.05%
August	0.96	0.95	0.98	0.51	0.97	2.11%
September	0.97	0.98	1.02	0.54	0.95	-3.06%
October	0.97	0.96	1.08	0.49	0.98	2.08%
November	0.98	0.99	1.11	0.55	0.96	-3.03%
December	1.01	0.97	1.13	0.52	1.05	8.25

The monthly forecast for 2027 shows that CVKD attains average price of $1.01 per share in December 2027, which is 102% above the current price. It simply means that CVKD shares will reach $1 per share in 2027.

CVKD Stock Forecast 2028

Year/Month	Average Price	Opening Price	High	Low	Closing Price	% change
January	1.10	1.06	1.17	0.56	1.13	6.60%
February	1.16	1.14	1.18	0.57	1.17	2.63
March	1.19	1.18	1.20	0.59	1.20	1.70%
April	1.22	1.21	1.24	0.54	1.23	1.65%
May	1.25	1.23	1.26	0.61	1.27	3.25%
June	1.29	1.28	1.30	0.63	1.30	1.56%
July	1.33	1.31	1.37	0.58	1.35	3.05%
August	1.35	1.37	1.35	0.60	1.32	-3.65%
September	1.37	1.34	1.40	0.56	1.39	3.73%
October	1.41	1.40	1.41	0.61	1.42	1.43%
November	1.42	1.41	1.45	0.63	1.43	1.42%
December	1.45	1.44	1.46	0.65	1.46	1.39%

The monthly forecast for 2028 shows that CVKD attains average price of $1.45 per share in December 2028, which is 211% above the current price.

 CVKD Stock Forecast 2029

Year/Month	Average Price $	Opening Price $	High   $	Low   $	Closing Price $	Total % change
January	1.49	1.47	1.52	0.68	1.50	2.04%
February	1.54	1.51	1.58	0.63	1.57	3.97%
March	1.60	1.58	1.63	0.64	1.61	1.90%
April	1.65	1.62	1.69	0.67	1.68	3.70%
May	1.71	1.69	1.74	0.70	1.73	2.37%
June	1.75	1.74	1.78	0.73	1.76	1.15%
July	1.79	1.77	1.82	0.69	1.80	3.45%
August	1.80	1.80	1.81	0.67	1.76	2.22%
September	1.81	1.78	1.86	0.63	1.83	2.81%
October	1.87	1.84	1.91	0.69	1.89	2.72%
November	1.93	1.90	1.98	0.72	1.97	3.68%
December	1.97	1.98	2.01	0.62	1.95	-1.52%

The monthly forecast for 2029 shows that CVKD attains average price of $1.97 per share in December 2029, which is 294% above the current price.

CVKD Stock Forecast 2030

Year/Month	Average Price $	Opening Price $	High   $	Low   $	Closing Price $	Total % change
January	2.04	1.95	2.27	0.65	2.13	8.67%
February	2.17	2.14	2.30	0.63	2.19	2.34%
March	2.24	2.20	2.32	0.68	2.27	3.18%
April	2.30	2.27	2.35	0.71	2.33	2.64%
May	2.30	2.35	2.33	0.76	2.25	-4.26%
June	2.38	2.26	2.58	0.69	2.50	10.62%
July	2.56	2.53	2.54	0.64	2.59	2.37%
August	2.53	2.61	2.63	0.75	2.45	-6.13%
September	2.57	2.46	2.68	0.69	2.67	8.54%
October	2.64	2.68	2.73	0.67	2.60	-2.99%
November	2.67	2.62	2.75	0.68	2.71	3.44%
December	2.69	2.73	2.74	0.76	2.64	-3.30%

The monthly forecast for 2030 shows that CVKD attains average price of $2.69 per share in December 2027, which is 413% above the current price. It further shows that CVKD shares will reach $2 per share in January 2030.

Bottom Line

CVKD stock has growth potential and would be a good buy for investors who have long term target.

Since CVKD is not dividend stock, the best benefit can come from capital appreciation. Our prediction is that the CVKD will go up steadily, reaching $1 in 2027 and $2 in 2030.

The average one-year price target for Cadrenal Therapeutics, Inc. is $3.57 predicted by analysts would be impossible to attain due to the overvalued rating of the stock. However, CVKD is a buy now and still holds growth prospect.