As of March 31, 2025, Clene (CLNN, Financial) reported holding $9.8 million in cash and cash equivalents, marking a decrease from the $12.2 million recorded at the end of 2024. The company anticipates that this financial position will allow it to sustain its operations through the third quarter of 2025.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 7 analysts, the average target price for Clene Inc (CLNN, Financial) is $43.00 with a high estimate of $84.00 and a low estimate of $20.00. The average target implies an upside of 1,408.77% from the current price of $2.85. More detailed estimate data can be found on the Clene Inc (CLNN) Forecast page.
Based on the consensus recommendation from 7 brokerage firms, Clene Inc's (CLNN, Financial) average brokerage recommendation is currently 2.0, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Clene Inc (CLNN, Financial) in one year is $3.40, suggesting a upside of 19.3% from the current price of $2.85. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Clene Inc (CLNN) Summary page.
