First Berlin Equity Research Reiterates BUY Rating for CEL-SCI Corporation, Sets Price Target at USD 60

Reuters
2025.09.01 11:38
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First Berlin Equity Research has reiterated a "BUY" rating for CEL-SCI Corporation, setting a price target of USD 60. Analyst Christian Orquera noted the company's pivotal moment in 2025, particularly with its lead immunotherapy, Multikine, aimed at head and neck cancer. The collaboration with Dallah Pharma is expected to boost Multikine's market potential in Saudi Arabia. Despite a price target reduction from USD 186 due to a reverse stock split, CEL-SCI is viewed as a de-risked player in immuno-oncology with several upcoming value catalysts.

First Berlin Equity Research GmbH has issued a research update on CEL-SCI Corporation, maintaining a “BUY” recommendation with a revised target price of USD 60. Analyst Christian Orquera highlighted CEL-SCI’s approach to a pivotal commercial inflection point in 2025, particularly noting the filing for Breakthrough Medicine Designation with the Saudi Food & Drug Authority for its lead immunotherapy, Multikine, targeting head and neck cancer. The collaboration with Dallah Pharma, a major Saudi pharmaceutical company, is expected to enhance Multikine’s market potential in Saudi Arabia. Despite the price target reduction from USD 186 due to a reverse stock split and projected dilution, CEL-SCI is seen as a substantially de-risked player in the immuno-oncology field with several value catalysts anticipated in the coming year. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. CEL-SCI Corporation published the original content used to generate this news brief via EQS News, a service of EQS Group AG (Ref. ID: rc_23398), on September 01, 2025, and is solely responsible for the information contained therein. © Copyright 2025 - Public Technologies (PUBT)