Longeveron Inc. (LGVN)

Market Cap	30.01M
Revenue (ttm)	1.23M
Net Income (ttm)	-27.90M
Shares Out	14.36M
EPS (ttm)	-8.27
PE Ratio	n/a
Forward PE	n/a
Dividend	n/a
Ex-Dividend Date	n/a

Volume	395,583
Open	2.190
Previous Close	2.190
Day's Range	2.049 - 2.190
52-Week Range	0.771 - 23.900
Beta	0.35
Analysts	Strong Buy
Price Target	8.00 (+282.78%)
Earnings Date	Nov 8, 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...

• Industry: Biotechnology
• Sector: Healthcare
• IPO Date: Feb 12, 2021
• Employees: 24
• Stock Exchange: NASDAQ
• Ticker Symbol: LGVN
• Website: https://longeveron.com

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 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 282.78% from the latest price.

Price Target

$8.0

(282.78% upside)

Analyst Consensus: Strong Buy