Longeveron Inc. (LGVN)

NASDAQ: LGVN · Real-Time Price · USD
1.850
0.00 (0.00%)
Nov 20, 2024, 4:00 PM EST - Market closed
0.00%
Market Cap 26.57M
Revenue (ttm) 1.85M
Net Income (ttm) -26.57M
Shares Out 14.36M
EPS (ttm) -4.36
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 160,675
Open 1.840
Previous Close 1.850
Day's Range 1.790 - 1.900
52-Week Range 0.771 - 23.900
Beta 0.35
Analysts Strong Buy
Price Target 8.00 (+332.43%)
Earnings Date Nov 12, 2024

About LGVN

Longeveron Inc., a clinical stage biotechnology company, develops cellular therapies for aging-related and life-threatening conditions in the United States and Japan. The company’s lead investigational product is the LOMECEL-B, an allogeneic mesenchymal stem cell formulation sourced from the bone marrow of young and healthy adult donors. It is conducting Phase 1, Phase 1/2, Phase 2a, and Phase 2b clinical trials in various indications, such as aging-related frailty, alzheimer’s disease, and hypoplastic left heart syndrome. Longeveron Inc. was i... [Read more]

Industry Biotechnology
Sector Healthcare
IPO Date Feb 12, 2021
Employees 24
Stock Exchange NASDAQ
Ticker Symbol LGVN
Full Company Profile

Financial Performance

In 2023, Longeveron's revenue was $709,000, a decrease of -41.98% compared to the previous year's $1.22 million. Losses were -$22.21 million, 17.9% more than in 2022.

Financial Statements

Analyst Forecast

According to 2 analysts, the average rating for LGVN stock is "Strong Buy." The 12-month stock price forecast is $8.0, which is an increase of 332.43% from the latest price.

Price Target
$8.0
(332.43% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Longeveron, Inc. (LGVN) Q3 2024 Earnings Call Transcript

Longeveron, Inc. (NASDAQ:LGVN) Q3 2024 Earnings Conference Call November 12, 2024 4:30 PM ET Company Participants Derek Cole - IR, Advisory Solutions Wa'el Hashad - CEO Nataliya Agafonova - CMO Lisa ...

8 days ago - Seeking Alpha

Longeveron® Appoints Devin Blass as Chief Technology Officer and SVP of Chemistry, Manufacturing and Controls (CMC)

Longeveron has appointed Devin Blass as Chief Technology Officer (CTO) and SVP of CMC, effective Dec 2, adding capabilities ahead of potential BLA filing.

9 days ago - GlobeNewsWire

Longeveron® to Report Third Quarter 2024 Financial Results and Host Conference Call on November 12, 2024

Longveron will report third quarter 2024 financial results and provide a business update on Tuesday, November 12th after the U.S. financial markets close.

16 days ago - GlobeNewsWire

Longeveron® Presents Lomecel-B™ Data for Alzheimer's Disease Indication in Late Breaking Poster Presentation at the Clinical Trials on Alzheimer's Disease Conference (CTAD24)

Findings offer potential mechanistic and clinical insights in the development of cellular therapy Lomecel-B™ for mild Alzheimer's disease (AD) Lomecel-B™  capacity to inhibit MMP14 correlates with imp...

22 days ago - GlobeNewsWire

Longeveron® Presents Lomecel-B™ Long-term Transplant-free Survival Data in Hypoplastic Left Heart Syndrome (HLHS) at the Congenital Heart Surgeons' Society (CHSS) 51st Annual Meeting

Oral presentation highlights findings that patients treated with Lomecel-B TM in ELPIS I, in an open-label follow-on study, experienced 5-year survival after stage 2 Glenn surgery of 100% with none re...

24 days ago - GlobeNewsWire

Longeveron® Lomecel-B™ Data in Alzheimer's Disease Selected for Late Breaking Poster Presentation at the Clinical Trials on Alzheimer's Disease Conference (CTAD24)

Longeveron Lomecel-B data in Alzheimer's disease selected for late breaking poster presentation at Clinical Trials on Alzheimer's Disease Conf (CTAD24).

5 weeks ago - GlobeNewsWire

Longeveron® Lomecel-B™ 5-Year Long-term Transplant-free Survival Data in HLHS Selected for Oral Presentation at the Congenital Heart Surgeons' Society (CHSS) 51st Annual Meeting

Longeveron® Lomecel-B 5-Year Long-term Transplant-free Survival Data in HLHS Selected for Oral Presentation at the Congenital Heart Surgeons' Society Mtg.

6 weeks ago - GlobeNewsWire

Longeveron® to Present at the UBS Virtual Organ Restoration and Cell Therapy Day

Wa'el Hashad, Chief Executive Officer of Longeveron, will participate in a Fireside Chat at the UBS Virtual Organ Restoration and Cell Therapy Day Oct 15th

6 weeks ago - GlobeNewsWire

Longeveron® to Participate in the 3rd Annual ROTH Healthcare Opportunities Conference

Longeveron management to present at the ROTH Healthcare Opportunities Conference. Speaking on Emerging Frontiers in Neuroscience panel and hosting 1x1s.

7 weeks ago - GlobeNewsWire

Longeveron to Attend Alliance for Regenerative Medicine's Cell & Gene Meeting on the Mesa

Longeveron to attend Cell & Gene Meeting on the Mesa to highlight its cellular therapy program in Alzheimer's disease and CDMO facilities and services.

7 weeks ago - GlobeNewsWire

Longeveron to Present at the H.C. Wainwright 26th Annual Global Investment Conference

MIAMI, Aug. 26, 2024 (GLOBE NEWSWIRE) -- Longeveron Inc. (NASDAQ: LGVN), a clinical stage regenerative medicine biotechnology company developing cellular therapies for life-threatening and chronic agi...

3 months ago - GlobeNewsWire

Longeveron, Inc. (LGVN) Q2 2024 Earnings Call Transcript

Longeveron, Inc. (NASDAQ:LGVN) Q2 2024 Earnings Conference Call August 14, 2024 4:30 PM ET Company Participants Derek Cole - IR, Advisory Solutions Wa'el Hashad - CEO Nataliya Agafonova - CMO Lisa Lo...

3 months ago - Seeking Alpha

Longeveron® Presents Study Results from CLEAR MIND Phase 2a Clinical Trial of Lomecel-B™ in Mild Alzheimer's Disease at the Alzheimer's Association International Conference® (AAIC)

Longeveron Phase 2a clinical results in Alzheimer's Disease selected for Featured Research oral presentation at Alzheimer's Association International Conf

4 months ago - GlobeNewsWire

Longeveron Announces Closing of $9.0 Million Registered Direct Offering Priced At-the-Market Under Nasdaq Rules

MIAMI, July 19, 2024 (GLOBE NEWSWIRE) -- Longeveron Inc. (NASDAQ: LGVN) (“Longeveron” or the “Company”), a clinical stage regenerative medicine biotechnology company developing cellular therapies for ...

4 months ago - GlobeNewsWire

Longeveron Announces $9.0 Million Registered Direct Offering Priced At-the-Market Under Nasdaq Rules

MIAMI, July 18, 2024 (GLOBE NEWSWIRE) -- Longeveron Inc. (NASDAQ: LGVN) (“Longeveron” or the “Company”), a clinical stage regenerative medicine biotechnology company developing cellular therapies for ...

4 months ago - GlobeNewsWire

Longeveron stock opened 100% up on Wednesday: explore why

Longeveron Inc (NASDAQ: LGVN) soared 100% on Wednesday after its Lomecel-B received RMAT designation from the Food & Drug Administration.  Lomecel-B is the company's investigational treatment for Alzh...

4 months ago - Invezz

Longeveron® Announces U.S. FDA Grants Lomecel-B™ Regenerative Medicine Advanced Therapy (RMAT) Designation for the Treatment of Mild Alzheimer's Disease

Longeveron® Announces U.S. FDA Grants Lomecel-B(TM) Regenerative Medicine Advanced Therapy (RMAT) Designation for the Treatment of Mild Alzheimer's Disease

4 months ago - GlobeNewsWire

Neha Motwani Elected to Longeveron® Board of Directors

MIAMI, July 09, 2024 (GLOBE NEWSWIRE) -- Longeveron Inc. (NASDAQ: LGVN), a clinical stage regenerative medicine biotechnology company developing cellular therapies for life-threatening and chronic agi...

4 months ago - GlobeNewsWire

Gene Therapy Pioneer Roger Hajjar, MD, Elected to Longeveron® Board of Directors

Gene therapy pioneer Dr. Roger Hajjar elected to Longeveron Board of Directors as company advances it novel cellular therapy across multiple indications.

4 months ago - GlobeNewsWire

Longeveron Raises $4.4 Million in Gross Proceeds from Warrant Exercise Transaction

MIAMI, June 18, 2024 (GLOBE NEWSWIRE) -- Longeveron Inc. (NASDAQ: LGVN) (“Longeveron” or the “Company”), a clinical stage regenerative medicine biotechnology company developing cellular therapies for ...

5 months ago - GlobeNewsWire

Longeveron® to Present at the Virtual Life Sciences Investor Forum on June 20, 2024

Longeveron, a clinical stage biotechnology company developing cellular therapies, will present at the Virtual LIfe Sciences Investor Forum on June 20th.

5 months ago - GlobeNewsWire

Longeveron Announces Exercise of Warrants for $4.4 Million Gross Proceeds

MIAMI, June 17, 2024 (GLOBE NEWSWIRE) -- Longeveron Inc. (NASDAQ: LGVN) (“Longeveron” or the “Company”), a clinical stage regenerative medicine biotechnology company developing cellular therapies for ...

5 months ago - GlobeNewsWire

Why has Longeveron stock tripled in two days?

Longeveron Inc (NASDAQ: LGVN) rallied another 50% on Thursday as investors continued to celebrate the positive update of its Lomecel-B study.  Why is it significant for Longeveron stock?

5 months ago - Invezz

Longeveron® Announces Contract Development and Manufacturing Business and First Contract

Longeveron launches contract development and manufacturing business for stem cell therapies. 15,000 sf state-of-the-art GMP facility with 8 cleanrooms.

6 months ago - GlobeNewsWire

Longeveron® to Attend BIO International Convention 2024

MIAMI, May 28, 2024 (GLOBE NEWSWIRE) -- Longeveron Inc. (NASDAQ: LGVN), a clinical stage regenerative medicine biotechnology company developing cellular therapies for life-threatening and chronic agin...

6 months ago - GlobeNewsWire