Ocugen, Inc. (OCGN)
NASDAQ: OCGN · Real-Time Price · USD
0.958
+0.008 (0.86%)
At close: Nov 4, 2024, 4:00 PM
0.960
+0.002 (0.26%)
After-hours: Nov 4, 2024, 5:09 PM EST
Ocugen Stock Forecast
Stock Price Forecast
The 3 analysts with 12-month price forecasts for Ocugen stock have an average target of 5.33, with a low estimate of 4.00 and a high estimate of 7.00. The average target predicts an increase of 456.66% from the current stock price of 0.96.
Analyst Consensus: Strong Buy
Analyst Ratings
The average analyst rating for Ocugen stock from 3 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
| Rating | May '24 | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 2 | 2 | 2 | 3 |
| Buy | 1 | 1 | 1 | 1 | 1 | 0 |
| Hold | 0 | 0 | 0 | 0 | 0 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 3 | 3 | 3 | 3 | 3 | 3 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| HC Wainwright & Co. | HC Wainwright & Co. | Strong Buy Reiterates $7 | Strong Buy | Reiterates | $7 | +631.07% | Oct 23, 2024 |
| Maxim Group | Maxim Group | Strong Buy Initiates $4 | Strong Buy | Initiates | $4 | +317.75% | Oct 15, 2024 |
| HC Wainwright & Co. | HC Wainwright & Co. | Strong Buy Reiterates $7 | Strong Buy | Reiterates | $7 | +631.07% | May 15, 2024 |
| Chardan Capital | Chardan Capital | Strong Buy Maintains $5 | Strong Buy | Maintains | $5 | +422.19% | May 15, 2024 |
| Chardan Capital | Chardan Capital | Strong Buy Maintains $4 → $5 | Strong Buy | Maintains | $4 → $5 | +422.19% | Apr 22, 2024 |
Financial Forecast
Revenue This Year
2.81M
from 6.04M
Decreased by -53.48%
Revenue Next Year
n/a
from 2.81M
EPS This Year
-0.22
from -0.26
EPS Next Year
-0.25
from -0.22
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 4.8M | n/a | 21.6M | ||
| Avg | 2.8M | n/a | 10.5M | ||
| Low | 2.1M | n/a | n/a |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | -20.0% | - | - | ||
| Avg | -53.5% | - | - | ||
| Low | -65.9% | - | - |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | -0.18 | -0.18 | -0.16 | ||
| Avg | -0.22 | -0.25 | -0.21 | ||
| Low | -0.25 | -0.31 | -0.26 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | - | - | - | ||
| Avg | - | - | - | ||
| Low | - | - | - |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.