Ocugen Inc's fundamentals are relatively healthy, and its growth potential is high.Its valuation is considered fairly valued, ranking 104/404 in the Biotechnology & Medical Research industry.Institutional ownership is very high.Over the past month, multiple analysts have rated it as Buy, with the highest price target at 9.00.In the medium term, the stock price is expected to trend down.The company has been performing well in the stock market over the past month, which is supported by its strong fundamentals and technicals.The stock price is trading sideways between the support and resistance levels, making it suitable for range-bound swing trading.
Ocugen Inc's Score
Industry at a Glance
Industry Ranking
104 / 404
Overall Ranking
217 / 4563
Industry
Biotechnology & Medical Research
Support & Resistance
Relevant data have not been disclosed by the company yet.
Score Analysis
Current score
Previous score
Analyst Rating
Based on
5
analysts
Buy
Current Rating
9.000
Target Price
+650.00%
Upside Space
Data disclaimer: Analyst ratings and target prices are provided by LSEG for informational purposes only and do not constitute investment advice.
Ocugen Inc Highlights
StrengthsRisks
Ocugen, Inc. is a biotechnology company focused on discovering, developing, and commercializing novel gene and cell therapies, biologics, and vaccines that improve health and offer hope for patients across the globe. Its technology pipeline includes Modifier Gene Therapy Platform, Novel Biologic Therapy for Retinal Diseases, Regenerative Medicine Cell Therapy Platform, and Inhaled Mucosal Vaccine Platform. It is developing its modifier gene therapy platform, inclusive of OCU400, OCU410, and OCU410ST, for the treatment of multiple inherited retinal diseases, including retinitis pigmentosa, Leber congenital amaurosis, Stargardt disease and multifactorial diseases, such as dry age-related macular degeneration (dAMD) and geographic atrophy. It is developing a next-generation, inhalation-based mucosal vaccine platform based on a novel ChAd vector, which includes OCU500, a COVID-19 vaccine; OCU510, a seasonal quadrivalent flu vaccine, and OCU520, a combination quadrivalent seasonal flu.
High Growth
The company's revenue has grown steadily over the past 3 years, averaging 62.98% year-on-year.
Growing
The company is in a growing phase, with the latest annual income totaling USD 4.05M.
Undervalued
The company’s latest PE is -6.50, at a low 3-year percentile range.
Institutional Selling
The latest institutional holdings are 51.36M shares, decreasing 38.42% quarter-over-quarter.
Ocugen, Inc. is a biotechnology company focused on discovering, developing, and commercializing novel gene and cell therapies, biologics, and vaccines that improve health and offer hope for patients across the globe. Its technology pipeline includes Modifier Gene Therapy Platform, Novel Biologic Therapy for Retinal Diseases, Regenerative Medicine Cell Therapy Platform, and Inhaled Mucosal Vaccine Platform. It is developing its modifier gene therapy platform, inclusive of OCU400, OCU410, and OCU410ST, for the treatment of multiple inherited retinal diseases, including retinitis pigmentosa, Leber congenital amaurosis, Stargardt disease and multifactorial diseases, such as dry age-related macular degeneration (dAMD) and geographic atrophy. It is developing a next-generation, inhalation-based mucosal vaccine platform based on a novel ChAd vector, which includes OCU500, a COVID-19 vaccine; OCU510, a seasonal quadrivalent flu vaccine, and OCU520, a combination quadrivalent seasonal flu.
Ticker SymbolOCGN
CompanyOcugen Inc
CEOMusunuri (Shankar)
Websitehttps://ocugen.com/
FAQs
What is the current price of Ocugen Inc (OCGN)?
The current price of Ocugen Inc (OCGN) is 1.410.
What is the symbol of Ocugen Inc?
The ticker symbol of Ocugen Inc is OCGN.
What is the 52-week high of Ocugen Inc?
The 52-week high of Ocugen Inc is 1.900.
What is the 52-week low of Ocugen Inc?
The 52-week low of Ocugen Inc is 0.515.
What is the market capitalization of Ocugen Inc?
The market capitalization of Ocugen Inc is 440.37M.
What is the net income of Ocugen Inc?
The net income of Ocugen Inc is -54.05M.
Is Ocugen Inc (OCGN) currently rated as Buy, Hold, or Sell?
According to analysts, Ocugen Inc (OCGN) has an overall rating of Buy, with a price target of 9.000.
What is the Earnings Per Share (EPS TTM) of Ocugen Inc (OCGN)?
The Earnings Per Share (EPS TTM) of Ocugen Inc (OCGN) is -0.217.