C4 Therapeutics, Inc. logo

C4 Therapeutics, Inc.

CCCC

NASDAQHealthcareBiotechnology

Previous close

$4.00

−$0.03 · -0.74%

Aug 21, 4:00 PM ET

CCCC company overview

Regular session · ET · Market data may be delayed.

GoAI snapshot

AI-powered factor overview

Jul 10, 2026

GoAI score

Hold

Wait — insufficient conviction to act

Valuation

57

Fair Value

Momentum

67

Gaining

Sentiment

53

Mixed

Risk resilience

32

High Risk

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Company profile

Company website

C4 Therapeutics, Inc. is a clinical-stage biopharmaceutical company focused on discovering and developing innovative therapeutic candidates. Its core strategy involves degrading proteins implicated in disease, addressing a range of conditions including cancer, neurodegenerative disorders, and other illnesses. The company's primary drug candidate, CFT7455, is an orally administered MonoDAC degrader of the IKZF1 and IKZF3 proteins. This compound is currently undergoing Phase 1/2 clinical trials for the treatment of multiple myeloma and various non-Hodgkin lymphomas, such as peripheral T-cell lymphoma and mantle cell lymphoma. Additionally, C4 Therapeutics is advancing several other programs: CFT8634, an orally bioavailable BiDAC degrader targeting the BRD9 protein, for potential use in synovial sarcoma and SMARCB1-deleted solid tumors. CFT1946, an orally administered BiDAC degrader designed to act on the V600X mutant BRAF, aimed at indications like melanoma, non-small cell lung cancer (NSCLC), colorectal cancer, and other solid malignancies. CFT8919, an orally available, allosteric, and mutant-selective BiDAC degrader specifically targeting epidermal growth factor receptor (EGFR) with an L858R mutation in NSCLC. Their early-stage pipeline also features RET degraders for various forms of cancer. C4 Therapeutics, Inc. has formed strategic partnerships with F. Hoffmann-La Roche Ltd and Hoffmann-La Roche Inc., Biogen MA, Inc., and Calico Life Sciences LLC. The company was established in 2015 and its headquarters are located in Watertown, Massachusetts.

Industry
Biotechnology
Sector
Healthcare
Headquarters
US
CEO
Andrew J. Hirsch
Listed since
Oct 2, 2020
Employees
104

Market position

Day range

Current $4.00

52-week range

Current $4.00

Open
$4.07
Previous close
$4.03
Volume
1.16M
0.4× average
Average volume
2.94M
Average daily volume
Market cap
442.27M USD
Beta
2.95
Market reference 1
50-day average
$3.9347
+1.66% above average
200-day average
$2.968
+34.77% above average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

P/E (TTM)
-4×
P/B (TTM)
2.11×
P/S (TTM)
12.62×
Dividend yield
0.00%

Profitability & efficiency

Gross margin
94.86%
Operating margin
-318.97%
Net margin
-289.44%

Financial health

Debt / equity
0.23×
Altman Z-score
-0.82
Piotroski F-score
3 of 9

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends177%-131%-439%-747%Gross margin, FY2021: 100.00%Gross margin, FY2022: 100.00%Gross margin, FY2023: 62.72%Gross margin, FY2024: 100.00%Gross margin, FY2025: 77.81%Operating margin, FY2021: -179.39%Operating margin, FY2022: -416.56%Operating margin, FY2023: -669.84%Operating margin, FY2024: -336.15%Operating margin, FY2025: -290.68%Net margin, FY2021: -183.23%Net margin, FY2022: -412.19%Net margin, FY2023: -638.34%Net margin, FY2024: -295.96%Net margin, FY2025: -292.08%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 100.00%. Gross margin FY2022 100.00%. Gross margin FY2023 62.72%. Gross margin FY2024 100.00%. Gross margin FY2025 77.81%. Operating margin FY2021 -179.39%. Operating margin FY2022 -416.56%. Operating margin FY2023 -669.84%. Operating margin FY2024 -336.15%. Operating margin FY2025 -290.68%. Net margin FY2021 -183.23%. Net margin FY2022 -412.19%. Net margin FY2023 -638.34%. Net margin FY2024 -295.96%. Net margin FY2025 -292.08%.

Income trends

Revenue

35.95M USD+1.02%

Operating income

−104.49M USD+12.64%

Net income

−104.99M USD+0.31%
Income trends across reported periods64.27M USD−9.66M USD−83.59M USD−157.51M USDRevenue, FY2021: 45.79M USDRevenue, FY2022: 31.1M USDRevenue, FY2023: 20.76M USDRevenue, FY2024: 35.58M USDRevenue, FY2025: 35.95M USDOperating income, FY2021: −82.13M USDOperating income, FY2022: −129.53M USDOperating income, FY2023: −139.03M USDOperating income, FY2024: −119.61M USDOperating income, FY2025: −104.49M USDNet income, FY2021: −83.89M USDNet income, FY2022: −128.18M USDNet income, FY2023: −132.49M USDNet income, FY2024: −105.32M USDNet income, FY2025: −104.99M USDFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 45.79M USD. Revenue FY2022 31.1M USD. Revenue FY2023 20.76M USD. Revenue FY2024 35.58M USD. Revenue FY2025 35.95M USD. Operating income FY2021 −82.13M USD. Operating income FY2022 −129.53M USD. Operating income FY2023 −139.03M USD. Operating income FY2024 −119.61M USD. Operating income FY2025 −104.49M USD. Net income FY2021 −83.89M USD. Net income FY2022 −128.18M USD. Net income FY2023 −132.49M USD. Net income FY2024 −105.32M USD. Net income FY2025 −104.99M USD.
Metric (USD)FY2025FY2024FY2023FY2022FY2021
Revenue35.95M USD35.58M USD20.76M USD31.1M USD45.79M USD
Cost of goods sold7.98M USD7.74M USD
Gross profit27.97M USD35.58M USD13.02M USD31.1M USD45.79M USD
Research and development104.24M USD110.64M USD117.71M USD117.84M USD94.67M USD
Selling, general, and administrative36.2M USD42.12M USD42.08M USD42.79M USD33.25M USD
Operating expenses132.46M USD155.2M USD152.05M USD160.63M USD127.92M USD
Interest income10.35M USD14.43M USD9.81M USD3.58M USD387K USD
Interest expense1.37M USD2.22M USD2.15M USD
Depreciation and amortization1.96M USD1.82M USD7.74M USD1.68M USD1.49M USD
Operating income−104.49M USD−119.61M USD−139.03M USD−129.53M USD−82.13M USD
Net income−104.99M USD−105.32M USD−132.49M USD−128.18M USD−83.89M USD

Company facts updated Aug 24, 2026.

Earnings

EPS beat rate
64%
7 beats, 3 misses, 1 met estimate
Average EPS surprise
+11.96%
11 comparable reports
Latest EPS result
-0.18
Estimate -0.23 · Beat by 20.49%

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly EPS actual values compared with estimates-0.15-0.28-0.4-0.53Q1 '25MissQ2 '25BeatQ3 '25BeatQ4 '25MissQ1 '26BeatQ2 '26BeatQ3 '26BeatQ4 '26Estimate
Q1 2025, reported Feb 27, 2025: actual -0.49, estimate -0.45, surprise -8.89%, Miss. Q2 2025, reported May 6, 2025: actual -0.37, estimate -0.48, surprise +22.92%, Beat. Q3 2025, reported Aug 7, 2025: actual -0.37, estimate -0.38, surprise +2.63%, Beat. Q4 2025, reported Nov 6, 2025: actual -0.44, estimate -0.406, surprise -8.45%, Miss. Q1 2026, reported Feb 26, 2026: actual -0.18, estimate -0.31, surprise +41.94%, Beat. Q2 2026, reported May 12, 2026: actual -0.2, estimate -0.251, surprise +20.20%, Beat. Q3 2026, reported Aug 11, 2026: actual -0.18, estimate -0.226, surprise +20.49%, Beat. Q4 2026, reported Nov 5, 2026: actual —, estimate -0.21, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly Revenue actual values compared with estimates11.78M8.99M6.21M3.42MQ1 '25BeatQ2 '25BeatQ3 '25MissQ4 '25BeatQ1 '26BeatQ2 '26BeatQ3 '26BeatQ4 '26Estimate
Q1 2025, reported Feb 27, 2025: actual 5.18M USD, estimate 5.09M USD, surprise +1.66%, Beat. Q2 2025, reported May 6, 2025: actual 7.2M USD, estimate 4.45M USD, surprise +61.80%, Beat. Q3 2025, reported Aug 7, 2025: actual 6.46M USD, estimate 6.55M USD, surprise -1.33%, Miss. Q4 2025, reported Nov 6, 2025: actual 11.2M USD, estimate 6.28M USD, surprise +78.34%, Beat. Q1 2026, reported Feb 26, 2026: actual 11.02M USD, estimate 5.39M USD, surprise +104.20%, Beat. Q2 2026, reported May 12, 2026: actual 6.2M USD, estimate 4.42M USD, surprise +40.38%, Beat. Q3 2026, reported Aug 11, 2026: actual 6.64M USD, estimate 4M USD, surprise +66.03%, Beat. Q4 2026, reported Nov 5, 2026: actual —, estimate 4.78M USD, surprise —, Comparison unavailable.

Analyst ratings

Third-party consensus; not a GoAI recommendation.

Rating distribution

14 ratings
Strong buy00%
Buy1071%
Hold321%
Sell17%
Strong sell00%

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