Ocugen, Inc. (OCGN)
NASDAQ: OCGN · IEX Real-Time Price · USD
1.610
-0.015 (-0.92%)
At close: Jul 2, 2024, 4:00 PM
1.590
-0.020 (-1.24%)
After-hours: Jul 2, 2024, 7:59 PM EDT
Ocugen Stock Forecast
Stock Price Forecast
The 3 analysts with 12-month price forecasts for Ocugen stock have an average target of 4.67, with a low estimate of 2.00 and a high estimate of 7.00. The average target predicts an increase of 190.06% from the current stock price of 1.61.
Analyst Consensus: Strong Buy
* Price targets were last updated on May 15, 2024.
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 | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 |
---|---|---|---|---|---|---|
Strong Buy | 3 | 3 | 3 | 2 | 2 | 2 |
Buy | 1 | 1 | 1 | 1 | 1 | 1 |
Hold | 0 | 0 | 0 | 0 | 0 | 0 |
Sell | 0 | 0 | 0 | 0 | 0 | 0 |
Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
Total | 4 | 4 | 4 | 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 | +334.78% | May 15, 2024 |
Chardan Capital | Chardan Capital | Strong Buy Maintains $5 | Strong Buy | Maintains | $5 | +210.56% | May 15, 2024 |
Chardan Capital | Chardan Capital | Strong Buy Maintains $4 → $5 | Strong Buy | Maintains | $4 → $5 | +210.56% | Apr 22, 2024 |
HC Wainwright & Co. | HC Wainwright & Co. | Strong Buy Reiterates $7 | Strong Buy | Reiterates | $7 | +334.78% | Apr 3, 2024 |
HC Wainwright & Co. | HC Wainwright & Co. | Strong Buy Reiterates $7 | Strong Buy | Reiterates | $7 | +334.78% | Feb 22, 2024 |
Financial Forecast
Revenue This Year
1.03M
from 6.04M
Decreased by -82.99%
Revenue Next Year
n/a
from 1.03M
EPS This Year
-0.22
from -0.26
EPS Next Year
-0.30
from -0.22
Revenue Forecast
Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
---|---|---|---|---|---|
High | 1.1M | n/a | 21.6M | 89.4M | 144.0M |
Avg | 1.0M | n/a | 21.0M | 86.8M | 139.9M |
Low | 980,000 | n/a | 20.2M | 83.4M | 134.4M |
Revenue Growth
Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
---|---|---|---|---|---|
High | -82.4% | - | - | 325.9% | 65.9% |
Avg | -83.0% | - | - | 313.8% | 61.2% |
Low | -83.8% | - | - | 297.5% | 54.9% |
EPS Forecast
EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
---|---|---|---|---|---|
High | -0.22 | -0.28 | -0.28 | -0.12 | -0.02 |
Avg | -0.22 | -0.30 | -0.28 | -0.11 | -0.02 |
Low | -0.22 | -0.31 | -0.26 | -0.11 | -0.02 |
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.