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OCGN

BEARISH
$1.95 Live
Ocugen, Inc. · NASDAQ
Target $11.57 (+493.4%)
$0.64 52W Range $2.73

At a glance

Key valuation, profitability, growth, and risk metrics.

Updated Apr 16, 2026
Market cap
$639.4M
P/E
N/A
ROE
-776.9%
Profit margin
N/A
Debt/Equity
N/A
Dividend yield
N/A

AI Analysis

AI-powered fundamental assessment

Confidence
85%
OCGN exhibits severe financial distress, anchored by a weak Piotroski F-Score of 3/9 and a catastrophic Price/Book ratio of -50.00, indicating negative shareholder equity. While analysts maintain a 'Strong Buy' consensus with a target of $11.57, this optimism is decoupled from current fundamentals, including a staggering Price/Sales ratio of 144.89 and a Q/Q revenue collapse of -125.26%. The company's ROE of -776.89% and bearish technical trend suggest a high-risk speculative profile typical of early-stage biotech facing potential liquidity crises.

Key Strengths

Strong analyst consensus (Strong Buy) with a high price target of $11.57
Significant 1-year price appreciation (+179%)
Current ratio of 1.06 provides a marginal liquidity cushion
Positive forward P/E suggests expectations of future profitability
Recent 6-month price stability (+16.8%)

Key Risks

Negative shareholder equity (Price/Book: -50.00)
Extreme valuation relative to revenue (Price/Sales: 144.89)
Severe revenue contraction (Q/Q Growth: -125.26%)
Weak financial health as evidenced by Piotroski F-Score of 3/9
Chronic lack of profitability with an ROE of -776.89%

Performance Snowflake

Multi-dimensional analysis across 5 key categories

Overall
18
Weak
Value
5
Future
30
Past
40
Health
15
Dividend
0
AI Verdict
High-Risk Speculative
Key drivers: Negative equity, Revenue collapse, Extreme P/S ratio, Analyst-fundamental divergence
Confidence
90%
Value
5/100

Valuation is entirely based on future speculation rather than current assets or earnings.

Positives
No standout positives identified.
Watchpoints
  • Price/Sales ratio of 144.89 is unsustainable
  • Negative Price/Book ratio
  • No Graham Number available due to negative earnings/equity
Future
30/100

Future outlook relies on binary clinical/regulatory success rather than organic growth.

Positives
  • Aggressive analyst price targets
  • Forward P/E indicates a path to earnings
Watchpoints
  • Q/Q Revenue growth of -125.26%
  • Year-over-Year EPS growth of -20.0%
Past
40/100

Long-term trend is destructive despite short-term volatility spikes.

Positives
  • Strong 1-year price recovery
Watchpoints
  • 5-year change of -66.3%
  • Consistent history of earnings misses
Health
15/100

Financial health is critical; the company is burning capital with negative equity.

Positives
  • Current ratio slightly above 1.0
Watchpoints
  • Piotroski F-Score of 3/9 (Weak)
  • ROE of -776.89%
  • Quick ratio below 1.0 (0.81)
Dividend
0/100

Not a dividend-paying security.

Positives
No standout positives identified.
Watchpoints
  • No dividend history
  • 0/100 dividend strength

Stock Price & Analyst Targets

Real-time price movements and analyst price targets

Current Price
$1.95
Analyst Target
$11.57
Upside/Downside
+493.4%

Multi-Horizon Performance vs Peers

Price momentum across 5Y → 1W horizons for OCGN and closest competitors.

Updated 2026-04-15
OCG
Ocugen, Inc.
Primary
5Y
-66.3%
3Y
+137.8%
1Y
+179.0%
6M
+16.8%
1M
-16.3%
1W
+4.8%
PRO
ProKidney Corp.
Peer
5Y
-78.4%
3Y
-83.2%
1Y
+175.6%
6M
-26.6%
1M
+4.8%
1W
+11.8%
AVN
Avanos Medical, Inc.
Peer
5Y
-72.6%
3Y
-56.0%
1Y
-17.1%
6M
+9.0%
1M
+14.8%
1W
+6.1%
RIG
Rigel Pharmaceuticals, Inc.
Peer
5Y
-6.8%
3Y
+165.8%
1Y
+92.5%
6M
+16.1%
1M
+27.5%
1W
+11.1%
ESP
Esperion Therapeutics, Inc.
Peer
5Y
-91.3%
3Y
+70.1%
1Y
+119.8%
6M
-9.3%
1M
-23.4%
1W
-10.7%

Positive values indicate cumulative gains over the specified period. Comparables pulled from the same sector to highlight whether momentum is stock-specific or industry-wide.

Historical Performance Trends

Long-term financial metrics and growth patterns

Revenue & Net Income

Profit & Operating Margins

Return on Equity (ROE)

Quarterly Revenue Growth

Historical data shows last 12 quarters (3 years)

Valuation Metrics

Key valuation ratios and pricing indicators

P/E Ratio
N/A
Forward P/E
44.32
PEG Ratio
N/A
P/B Ratio
-50.0
P/S Ratio
144.89
EV/Revenue
148.19
EV/EBITDA
-10.69
Market Cap
$639.4M

Profitability

Profit margins and return metrics

Profit Margin N/A
Operating Margin 8558.55%
Gross Margin N/A
ROE -776.89%
ROA -63.1%

Growth

Revenue and earnings growth rates

Revenue Growth N/A
Earnings Growth N/A
Q/Q Revenue Growth -125.26%
Q/Q Earnings Growth N/A

Financial Health

Balance sheet strength and liquidity metrics

Debt/Equity
N/A
Current Ratio
1.06
Good
Quick Ratio
0.81
Poor
Cash/Share
$0.06

Financial Statement Flow

Interactive flow visualization showing how money moves through the company Q4 2025

Revenue
$-0.0B
Op. Margin
8805.7%
Net Margin
9174.1%
Total Assets
$0.0B
Liabilities
$0.1B
Equity
$-0.0B
Debt/Equity
-4.58x
Operating CF
$-0.0B
CapEx
$-0.0B
Free Cash Flow
$-0.0B
FCF Yield
100%

Quarterly Earnings History

EPS performance vs analyst estimates

2026-05-07
$N/A
2026-03-04
$-0.06
-4.3% surprise
2025-11-05
$-0.07
-21.7% surprise
2025-08-01
$-0.05
+11.8% surprise

Healthcare Sector Comparison

Comparing OCGN against 421 companies in the Healthcare sector (25 bullish, 134 neutral, 262 bearish)
Return on Equity (ROE)
-776.89%
This Stock
vs
-100.15%
Sector Avg
+675.7% (Excellent)
Current Ratio
1.06
This Stock
vs
4.55
Sector Avg
-76.8% (Weaker)

Similar Companies

Peer comparison within the same industry

Recent Insider Trading

Insider buy and sell transactions from the last 6 months

ZHANG JUNGE
Director
Option Exercise
2026-04-01
194,134 shares · $154,303
MUSUNURI SHANKAR PH.D
Chief Executive Officer
Stock Award
2026-01-02
3,123,201 shares
RAMACHANDRAN RAMESH
Officer
Stock Award
2026-01-02
207,300 shares
Insider transactions can signal confidence or concerns about company prospects

Wall Street Analysts

Professional analyst ratings and price targets

Consensus
STRONG_BUY
7 analysts
Chardan Capital
2026-03-25
Maintains
Buy Buy
HC Wainwright & Co.
2026-03-25
Maintains
Buy Buy
Canaccord Genuity
2026-03-17
init
Buy
Oppenheimer
2026-03-11
init
Outperform
Chardan Capital
2026-03-05
Maintains
Buy Buy
Chardan Capital
2026-01-20
Maintains
Buy Buy

Past News Coverage

Recent headlines mentioning OCGN from our newsroom.

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