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 295.76% from the current stock price of 1.18.

Analyst Consensus: Strong Buy

Target	Low	Average	Median	High
Price	$2.00	$4.67	$5.00	$7.00
Change	+69.49%	+295.76%	+323.73%	+493.22%

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	Nov '23	Dec '23	Jan '24	Feb '24	Mar '24	Apr '24
Strong Buy	3	3	3	3	3	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	4	4	3

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Daniil Gataulin Chardan Capital	Chardan Capital	Strong Buy Maintains $4 → $5	Strong Buy	Maintains	$4 → $5	+323.73%	Apr 22, 2024
Swayampakula Ramakanth HC Wainwright & Co.	HC Wainwright & Co.	Strong Buy Reiterates $7	Strong Buy	Reiterates	$7	+493.22%	Apr 3, 2024
Swayampakula Ramakanth HC Wainwright & Co.	HC Wainwright & Co.	Strong Buy Reiterates $7	Strong Buy	Reiterates	$7	+493.22%	Feb 22, 2024
Swayampakula Ramakanth HC Wainwright & Co.	HC Wainwright & Co.	Strong Buy Maintains $5 → $7	Strong Buy	Maintains	$5 → $7	+493.22%	Jan 24, 2024
Jennifer Kim Cantor Fitzgerald	Cantor Fitzgerald	Buy Maintains $2.5 → $2	Buy	Maintains	$2.5 → $2	+69.49%	Aug 31, 2023

More Analyst Ratings

Financial Forecast

Revenue This Year

n/a

from 6.04M

Revenue Next Year

n/a

EPS This Year

-0.29

from -0.26

EPS Next Year

-0.27

from -0.29

Year	2019	2020	2021	2022	2023	2024	2025	2026	2027	2028
Revenue	-	43.00K	-	2.49M	6.04M	-	-	89.82M	153.74M	230.46M
Revenue Growth	-	-	-	-	142.60%	-	-	-	71.16%	49.90%
EPS	-1.46	-0.31	-0.30	-0.40	-0.26	-0.29	-0.27	0.02	0.17	0.33
EPS Growth	-	-	-	-	-	-	-	-	1,033.33%	88.24%
No. Analysts	-	-	-	-	-	5	3	4	4	4

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2024	2025	2026	2027	2028
High	n/a	n/a	174.2M	269.3M	371.7M
Avg	n/a	n/a	89.8M	153.7M	230.5M
Low	n/a	n/a	10.0M	44.1M	95.9M

Revenue Growth

Revenue Growth	2024	2025	2026	2027	2028
High	-	-	-	199.8%	141.8%
Avg	-	-	-	71.2%	49.9%
Low	-	-	-	-50.9%	-37.6%

EPS Forecast

EPS	2024	2025	2026	2027	2028
High	-0.26	-0.27	0.26	0.50	0.67
Avg	-0.29	-0.27	0.02	0.17	0.33
Low	-0.30	-0.25	-0.22	-0.14	-

EPS Growth

EPS Growth	2024	2025	2026	2027	2028
High	-	-	-	3,194.1%	287.5%
Avg	-	-	-	1,033.3%	88.2%
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.