Longeveron Inc. (LGVN)

NASDAQ: LGVN · IEX Real-Time Price · USD
2.18
-0.11 (-4.80%)
Sep 22, 2023, 4:00 PM EDT - Market closed
-4.8%
Market Cap 46.14M
Revenue (ttm) 882,000
Net Income (ttm) -19.98M
Shares Out 21.17M
EPS (ttm) -0.95
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 37,589
Open 2.25
Previous Close 2.29
Day's Range 2.12 - 2.26
52-Week Range 2.12 - 4.81
Beta 0.43
Analysts Strong Buy
Price Target 12.50 (+473.39%)
Earnings Date Nov 13, 2023

About LGVN

Longeveron Inc., a clinical stage biotechnology company, develops cellular therapies for aging-related and life-threatening conditions. The company's lead investigational product is the LOMECEL-B, an allogeneic medicinal signaling cell therapy product isolated from the bone marrow of young, healthy adult donors. It is conducting Phase 1, Phase 2a, and Phase 2b clinical trials in various indications, such as aging-related frailty, alzheimer's disease, metabolic syndrome, acute respiratory distress syndrome, and hypoplastic left heart syndrome. T... [Read more]

Industry Biotechnology
Sector Healthcare
IPO Date Feb 12, 2021
Employees 19
Stock Exchange NASDAQ
Ticker Symbol LGVN
Full Company Profile

Financial Performance

In 2022, Longeveron's revenue was $1.22 million, a decrease of -6.43% compared to the previous year's $1.31 million. Losses were -$18.84 million, 10.5% more than in 2021.

Financial Statements

Analyst Forecast

According to 2 analysts, the average rating for LGVN stock is "Strong Buy." The 12-month stock price forecast is $12.5, which is an increase of 473.39% from the latest price.

Price Target
$12.5
(473.39% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Longeveron Issues Letter to Stockholders

MIAMI, Sept. 11, 2023 (GLOBE NEWSWIRE) -- Longeveron Inc. (NASDAQ: LGVN NASDAQ: LGVNR) (“Longeveron” or “Company”), a clinical stage biotechnology company developing cellular therapies for life-threat...

12 days ago - GlobeNewsWire

Long-term Survival Data from Longeveron's ELPIS 1 Trial Accepted for Presentation at the 2023 Scientific Sessions of the American Heart Association

MIAMI, Sept. 07, 2023 (GLOBE NEWSWIRE) -- Longeveron Inc. (NASDAQ: LGVN NASDAQ: LGVNR) (“Longeveron” or “Company”), a clinical stage biotechnology company developing cellular therapies for life-threat...

16 days ago - GlobeNewsWire

Longeveron to Present at the 25th Annual H.C. Wainwright Global Investment Conference

MIAMI, Sept. 05, 2023 (GLOBE NEWSWIRE) -- Longeveron Inc. (NASDAQ: LGVN NASDAQ: LGVNR) (“Longeveron” or “Company”), a clinical stage biotechnology company developing cellular therapies for life-threat...

18 days ago - GlobeNewsWire

Longeveron to Participate in the 149th Annual National Investment Banking Association Conference

MIAMI, Aug. 29, 2023 (GLOBE NEWSWIRE) -- Longeveron Inc. (NASDAQ: LGVN NASDAQ: LGVNR) (“Longeveron” or “Company”), a clinical stage biotechnology company developing cellular therapies for life-threate...

25 days ago - GlobeNewsWire

Longeveron Rights Offering Subscription Period Begins

MIAMI, Aug. 22, 2023 (GLOBE NEWSWIRE) -- Longeveron Inc. (NASDAQ: LGVN NASDAQ: LGVNR) (“Longeveron” or “Company”), a clinical stage biotechnology company developing cellular therapies for life-threate...

4 weeks ago - GlobeNewsWire

Longeveron Rights Offering Declared Effective and Calendar Finalized

MIAMI, Aug. 16, 2023 (GLOBE NEWSWIRE) -- Longeveron Inc. (NASDAQ: LGVN) (“Longeveron” or “Company”), a clinical stage biotechnology company developing cellular therapies for life-threatening and chron...

5 weeks ago - GlobeNewsWire

Longeveron to Host Key Opinion Leader Event on Medicinal Signaling Cells (MSCs) for Hypoplastic Left Heart Syndrome (HLHS) with Lomecel-B™ on August 16, 2023

MIAMI, Aug. 14, 2023 (GLOBE NEWSWIRE) -- Longeveron Inc. (NASDAQ: LGVN) ("Longeveron" or "Company"), a clinical stage biotechnology company developing regenerative medicines for unmet medical needs, t...

5 weeks ago - GlobeNewsWire

Longeveron Announces Pricing for Rights Offering and Expected Calendar

MIAMI, Aug. 14, 2023 (GLOBE NEWSWIRE) -- Longeveron Inc. (NASDAQ: LGVN) (“Longeveron” or “Company”), a clinical stage biotechnology company developing cellular therapies for life-threatening and chron...

5 weeks ago - GlobeNewsWire

Longeveron Reports Second Quarter 2023 Results and Provides Corporate Update

ELPIS II Study Exceeds 50% Enrollment Threshold for Phase 2 Trial of Lomecel-B™  in HLHS Top Line Results for CLEAR MIND Alzheimer's disease Phase 2a Trial Anticipated by October 2023 Company Strength...

6 weeks ago - GlobeNewsWire

Longeveron Announces Achievement of Surpassing 50% Enrollment Threshold in Phase 2 ELPIS II Study of Lomecel-B™ in Hypoplastic Left Heart Syndrome

Company Activates Additional Study Location to Expedite Enrollment Completion Key Opinion Leader Webinar Highlighting the Potential for Lomecel-B™  in the Treatment of HLHS to be held Wednesday, Augus...

6 weeks ago - GlobeNewsWire

Longeveron to Report Second Quarter 2023 Results and Provide Corporate Update on August 11, 2023

MIAMI, Aug. 07, 2023 (GLOBE NEWSWIRE) -- Longeveron Inc. (NASDAQ: LGVN) ("Longeveron" or "Company"), a clinical stage biotechnology company developing cellular therapies for life-threatening and chron...

6 weeks ago - GlobeNewsWire

Longeveron Appoints Lisa Locklear as Chief Financial Officer

MIAMI, July 20, 2023 (GLOBE NEWSWIRE) -- Longeveron Inc. (NASDAQ: LGVN) ("Longeveron" or "Company"), a clinical stage biotechnology company developing cellular therapies for life-threatening and chron...

2 months ago - GlobeNewsWire

Longeveron Appoints Dr. Nataliya Agafonova as Chief Medical Officer

Experienced Pharma Industry Clinical Operations Leader to Spearhead Development of Cellular Therapy Programs Experienced Pharma Industry Clinical Operations Leader to Spearhead Development of Cellular...

2 months ago - GlobeNewsWire

Longeveron Congratulates Co-Founder and Chairman Dr. Joshua Hare on Induction as Fellow of National Academy of Inventors

MIAMI, July 10, 2023 (GLOBE NEWSWIRE) -- Longeveron Inc. (NASDAQ: LGVN) ("Longeveron" or "Company"), a clinical stage biotechnology company developing cellular therapies for life-threatening and chron...

2 months ago - GlobeNewsWire

Longeveron Files Registration Statement for Rights Offering

MIAMI, June 27, 2023 (GLOBE NEWSWIRE) -- Longeveron Inc. (NASDAQ: LGVN) ("Longeveron" or "Company"), a clinical stage biotechnology company developing cellular therapies for life-threatening and chron...

3 months ago - GlobeNewsWire

Longeveron Welcomes Three New Prominent Board Members

Seasoned Biotechnology and Corporate Management Experts, Khoso Baluch, Jeffrey Pfeffer, and Wa'el Hashad, Elected to Board at Annual Meeting of Stockholders

3 months ago - GlobeNewsWire

Longeveron Inc. Provides Corporate Update and Reports First Quarter 2023 Financial Results

-- New long-term survival data disclosed from ELPIS I trial of Lomecel-B TM for Hypoplastic Left Heart Syndrome; Data reinforce potential mortality benefit -- -- First patient dosed in Phase 2 clinica...

4 months ago - GlobeNewsWire

Longeveron stock up 15.5% premarket after positive results in trial of treatment for rare congenital heart defect in infants

Longeveron Inc.'s stock LGVN rocketed 15.5% in premarket trade Tuesday, after the biotech said its Lomecel-B for the treatment of a congenital heart defect in infants (Hypoplastic Left Heart Syndrome)...

4 months ago - Market Watch

Longeveron Announces New Long-Term Survival Data from ELPIS I Trial of Lomecel-B™ for Hypoplastic Left Heart Syndrome

- Children in the ELPIS I trial had 100% survival up to 5 years of age after receiving Lomecel-B TM compared to 20% mortality rate observed from historical control data -

4 months ago - GlobeNewsWire

Longeveron to Announce First Quarter 2023 Financial Results on May 12, 2023

MIAMI, May 08, 2023 (GLOBE NEWSWIRE) -- Longeveron Inc. (NASDAQ: LGVN) ("Longeveron" or "Company"), a clinical stage biotechnology company developing regenerative medicines for unmet medical needs, to...

4 months ago - GlobeNewsWire

Longeveron Announces First Patient Dosed in Phase 2 Clinical Trial of Lomecel-B™ for Aging-Related Frailty in Japan

-- The study's primary objective is to evaluate the safety of Lomecel-B™  in Japan's elderly population -- -- First-in-human clinical trial of Lomecel-B™  in Japan --

5 months ago - GlobeNewsWire

Longeveron Inc. Provides Corporate Update and Reports Fourth Quarter and Full Year 2022 Financial Results

-- Full results from ELPIS I trial published in European Heart Journal Open –

7 months ago - GlobeNewsWire

Longeveron to Announce Fourth Quarter and Full Year Financial Results on March 10, 2023

Live conference call on Friday, March 10 at 8:30 a.m. ET Live conference call on Friday, March 10 at 8:30 a.m. ET

7 months ago - GlobeNewsWire

Longeveron Appoints Wa'el Hashad as Chief Executive Officer

Hashad is a former executive at Avanir, Amgen, Boehringer Ingelheim, Eli Lilly, and early-stage biotechnology companies

7 months ago - GlobeNewsWire

Longeveron Announces Publication of Final Data from ELPIS I Trial of Lomecel-BTM for Hypoplastic Left Heart Syndrome in Peer-Reviewed Journal

-- Full results published in European Heart Journal Open -- -- Study met primary safety endpoint --

8 months ago - GlobeNewsWire