Ocugen Stock Forecast

Stock Price Forecast

According to 7 analysts polled by S&P Global, Ocugen stock has a consensus rating of "Strong Buy" and an average price target of $11.43. The average 1-year stock price forecast is 868.64% higher than the current stock price, while the lowest is $7.00 (+493.22%) and the highest is $22 (+1,764.41%).

Price Target: $11.43 (+868.64%)

Analyst Consensus: Strong Buy

Target	Low	Average	Median	High
Price	$7.00	$11.43	$10	$22
Change	+493.22%	+868.64%	+747.46%	+1764.4%

Analyst Ratings

The average analyst rating for Ocugen stock 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	Oct '25	Nov '25	Jan '26	Mar '26	Apr '26	May '26
Strong Buy	3	4	4	6	6	6
Buy	2	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	5	5	5	7	7	7

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Whitney Ijem Canaccord Genuity	Canaccord Genuity	Buy Maintains $12 → $11	Buy	Maintains	$12 → $11	+832.20%	May 27, 2026
Swayampakula Ramakanth H.C. Wainwright	H.C. Wainwright	Buy Reiterates $10	Buy	Reiterates	$10	+747.46%	May 11, 2026
Michael Okunewitch Maxim Group	Maxim Group	Buy Maintains $8	Buy	Maintains	$8	+577.97%	May 7, 2026
Daniil Gataulin Chardan Capital	Chardan Capital	Buy Reiterates $7	Buy	Reiterates	$7	+493.22%	May 7, 2026
Robert LeBoyer Noble Financial	Noble Financial	Buy Reiterates $12	Buy	Reiterates	$12	+916.95%	May 6, 2026

More Analyst Ratings

Financial Forecast

Revenue This Year

4.08M

from 4.41M

-7.60%

from 4.41M

Revenue Next Year

11.02M

from 4.08M

170.23%

from 4.08M

EPS This Year

-0.22

from -0.23

EPS Next Year

-0.24

from -0.22

Fiscal Year	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026
Revenue	-	2.49M	6.04M	4.05M	4.41M	4.08M
Revenue Growth	-	-	142.61%	-32.82%	8.83%	-7.60%
Gross Profit	-35.11M	-53.67M	-33.54M	-28.07M	-35.34M	3.67M
Gross Margin	-	-2,157.19%	-555.62%	-692.26%	-800.75%	90.00%
Operating Income	-58.03M	-89.07M	-65.53M	-54.76M	-62.92M	-72.93M
Net Income	-58.37M	-86.80M	-63.08M	-54.05M	-67.85M	-76.85M
EPS	-	-	-	-	-0.23	-0.22
Free Cash Flow	-32.69M	-27.58M	-48.98M	-25.06M	-32.70M	-59.20M
No. Analysts	-	-	-	-	-	6

EPS and Forward PE are based on non-GAAP adjusted numbers.

Revenue Forecast

Revenue	2026	2027	2028
High	6.0M
Avg	4.1M
Low	1.5M

Revenue Growth

Revenue Growth	2026	2027	2028
High	36.0%
Avg	-7.6%
Low	-65.3%

EPS Forecast

EPS	2026	2027	2028
High	-
Avg	-0.22
Low	-

EPS Growth

EPS Growth	2026	2027	2028
High	-
Avg	-
Low	-