Indaptus Therapeutics Q3 profit beats estimates

Reuters
2025.11.12 13:38
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Indaptus Therapeutics reported a Q3 2025 EPS of -$2.98, beating analyst expectations of -$4.17. The company raised $2.3 million to strengthen its balance sheet, while R&D expenses increased due to Phase 1 study costs. Indaptus expects its current cash to support operations into Q1 2026 and is evaluating financing options. Trial enrollment is paused pending further efficacy evaluations. The average analyst recommendation is "buy," with a 12-month price target of $25.00, significantly above its recent closing price of $2.72.