Longeveron Inc. (LGVN)

Market Cap	10.67M
Revenue (ttm)	978,000
Net Income (ttm)	-21.62M
Shares Out	6.35M
EPS (ttm)	-9.61
PE Ratio	n/a
Forward PE	n/a
Dividend	n/a
Ex-Dividend Date	n/a

Volume	1,509,173
Open	1.570
Previous Close	1.570
Day's Range	1.510 - 1.830
52-Week Range	0.771 - 37.500
Beta	0.31
Analysts	Strong Buy
Price Target	12.00 (+614.29%)
Earnings Date	Aug 9, 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. The company was incor...

• Industry: Biotechnology
• Sector: Healthcare
• IPO Date: Feb 12, 2021
• Employees: 23
• Stock Exchange: NASDAQ
• Ticker Symbol: LGVN

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.

Analyst Forecast

According to one analyst, the rating for LGVN stock is "Strong Buy" and the 12-month stock price forecast is $12.0.

Price Target

$12.0

(614.29% upside)

Analyst Consensus: Strong Buy