NASDAQ:EYEN

Eyenovia (EYEN) Stock Forecast, Price & News

$1.70

+0.06 (+3.66%)

(As of 09/27/2023 ET)

Compare

Today's Range: $1.65
▼
$1.72
50-Day Range: $1.57
▼
$2.33
52-Week Range: $1.50
▼
$5.85

Volume: 185,966 shs
Average Volume: 344,975 shs
Market Capitalization: $64.96 million

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: $12.00

Eyenovia MarketRank™ Forecast

Analyst Rating: Buy
3.00 Rating Score
Upside/Downside: 618.6% Upside
$12.00 Price Target
Short Interest: Bearish
3.82% of Shares Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 1.67
Based on 3 Articles This Week
Insider Trading: Acquiring Shares
$90,264 Bought Last Quarter
Proj. Earnings Growth: Decreasing
From ($0.69) to ($0.80) Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.99 out of 5 stars

Medical Sector

404th out of 963 stocks

Pharmaceutical Preparations Industry

177th out of 451 stocks

3.5

Analyst's Opinion

Consensus Rating
Eyenovia has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $12.00, Eyenovia has a forecasted upside of 618.6% from its current price of $1.67.
Amount of Analyst Coverage
Eyenovia has only been the subject of 1 research reports in the past 90 days.

2.0

Short Interest

Percentage of Shares Shorted
3.82% of the outstanding shares of Eyenovia have been sold short.
Short Interest Ratio / Days to Cover
Eyenovia has a short interest ratio ("days to cover") of 5.9.
Change versus previous month
Short interest in Eyenovia has recently increased by 9.77%, indicating that investor sentiment is decreasing significantly.

0.0

Dividend Strength

Dividend Yield
Eyenovia does not currently pay a dividend.
Dividend Growth
Eyenovia does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for EYEN.

3.7

News and Social Media Coverage

News Sentiment
Eyenovia has a news sentiment score of 1.67. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.86 average news sentiment score of Medical companies.
News Coverage This Week
MarketBeat has tracked 3 news articles for Eyenovia this week, compared to 1 article on an average week.
Search Interest
Only 5 people have searched for EYEN on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.
MarketBeat Follows
2 people have added Eyenovia to their MarketBeat watchlist in the last 30 days. This is an increase of 100% compared to the previous 30 days.

1.7

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Eyenovia insiders have bought more of their company's stock than they have sold. Specifically, they have bought $90,264.00 in company stock and sold $0.00 in company stock.
Percentage Held by Insiders
Only 7.80% of the stock of Eyenovia is held by insiders.
Percentage Held by Institutions
Only 16.66% of the stock of Eyenovia is held by institutions.

0.0

Earnings and Valuation

Earnings Growth
Earnings for Eyenovia are expected to decrease in the coming year, from ($0.69) to ($0.80) per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Eyenovia is -2.42, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of Eyenovia is -2.42, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Book Value per Share Ratio
Eyenovia has a P/B Ratio of 3.48. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Eyenovia (NASDAQ:EYEN) Stock

Eyenovia, Inc., a pre-commercial ophthalmic company, engages in the development of therapeutics based on its proprietary microdose array print platform technology. It focuses on developing clinical microdosing of formulations of ophthalmic pharmaceutical agents using its Optejet branded targeted ocular delivery system. The company's product candidates include MicroPine, which is in Phase III clinical development program with indications for pediatric myopia progression (near-sightedness); MicroLine, which is in Phase III clinical development program with indications for the improvement in near vision in people with presbyopia; and Mydcombi, which is in Phase III clinical development program with indications for pharmaceutical mydriasis. It has a license agreement with Bausch Health Ireland Limited to develop and commercialize MicroPine in the United States and Canada; a license agreement with Arctic Vision (Hong Kong) Limited to develop and commercialize MicroPine, MicroLine, and Mydcombi in China and South Korea; and Senju Pharmaceutical Co., Ltd. to develop and commercialize MicroPine, MicroLine, and Mydcombi in rest of Asia. The company was formerly known as PGP Holdings V, Inc. and changed its name to Eyenovia, Inc. in May 2014. Eyenovia, Inc. was incorporated in 2014 and is headquartered in New York, New York.

EYEN Price History

30 days | 90 days | 365 days | Advanced Chart

EYEN Stock News Headlines

September 21, 2023 | finance.yahoo.com

Eyenovia to Participate in Panel Discussion at Cantor Global Healthcare Conference

September 7, 2023 | finance.yahoo.com

Eyenovia to Present at Upcoming H.C. Wainwright 25th Annual Global Investment Conference

September 27, 2023 | Chaikin Analytics (Ad)

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August 28, 2023 | msn.com

Eyenovia: It Is Now Time To See Positive Results In Their Marketing Efforts

August 24, 2023 | finance.yahoo.com

Eyenovia Announces $12 Million Registered Direct Offering

August 18, 2023 | markets.businessinsider.com

H.C. Wainwright Keeps Their Buy Rating on Eyenovia (EYEN)

August 16, 2023 | msn.com

Eyenovia acquires US licencing rights for Formosa’s topical eye steroid

August 16, 2023 | markets.businessinsider.com

Formosa Pharma: Eyenovia Obtains U.S. Rights For Commercialization Of APP13007

September 27, 2023 | Chaikin Analytics (Ad)

Buy This Stock for AI Tidal Wave (not NVDA)

The internet boom made more millionaires than any tech - Microsoft’s CEO says AI has even more potential. Here’s the #1 stock to buy.

August 16, 2023 | finance.yahoo.com

Eyenovia Acquires U.S. Commercial Rights to APP13007 (Clobetasol Propionate Ophthalmic Nanosuspension, 0.05%) from Formosa Pharmaceuticals

August 16, 2023 | prnewswire.com

Formosa Pharmaceuticals Announces Licensing Agreement with Eyenovia, Inc., for the Commercialization of APP13007 for the Treatment of Inflammation and Pain Following Ocular Surgery

August 14, 2023 | finance.yahoo.com

Eyenovia, Inc. (NASDAQ:EYEN) Q2 2023 Earnings Call Transcript

August 11, 2023 | markets.businessinsider.com

H.C. Wainwright Remains a Buy on Eyenovia (EYEN)

August 11, 2023 | finance.yahoo.com

Q2 2023 Eyenovia Inc Earnings Call

August 10, 2023 | seekingalpha.com

Eyenovia GAAP EPS of -$0.16 beats by $0.01

August 10, 2023 | msn.com

Crexendo Non-GAAP EPS of $0.04 beats by $0.03, revenue of $12.7M beats by $0.87M

August 10, 2023 | finance.yahoo.com

Eyenovia Reports Second Quarter 2023 Financial Results and Provides Business Update

August 9, 2023 | benzinga.com

Earnings Preview For Eyenovia

August 9, 2023 | finance.yahoo.com

Eyenovia to Present at Upcoming H.C. Wainwright 3rd Annual Ophthalmology Virtual Conference

August 7, 2023 | finance.yahoo.com

Eyenovia to Report Second Quarter 2023 Results on Thursday, August 10

August 3, 2023 | finance.yahoo.com

Eyenovia Announces First Commercial Sale of Mydcombi™

July 14, 2023 | finance.yahoo.com

EYEN - Eyenovia, Inc.

June 26, 2023 | finance.yahoo.com

Eyenovia Announces Addition to Russell 2000® and Russell 3000® Indexes

June 6, 2023 | finanznachrichten.de

Eyenovia, Inc.: Eyenovia Expands Its US Manufacturing Capabilities

June 6, 2023 | finance.yahoo.com

Eyenovia Expands Its US Manufacturing Capabilities

June 1, 2023 | finance.yahoo.com

Eyenovia Announces Presentation at the OCTANE Ophthalmology Tech Forum 2023

May 27, 2023 | msn.com

Eyenovia: Say Goodbye To The Eye Dropper And Welcome Optejet To The Market Place

See More Headlines

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EYEN Company Calendar

Last Earnings: 8/10/2023
Today: 9/27/2023
Next Earnings (Estimated): 11/09/2023
Fiscal Year End: 12/31/2023

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NASDAQ
Industry: Pharmaceutical preparations
Sub-Industry: N/A
Sector: Medical
Current Symbol: NASDAQ:EYEN
CUSIP: N/A
CIK: 1682639
Web: www.eyenoviabio.com
Phone: (917) 289-1117
Fax: N/A
Employees: 41
Year Founded: N/A

Price Target and Rating

Average Stock Price Forecast: $12.00
High Stock Price Forecast: $12.00
Low Stock Price Forecast: $12.00
Forecasted Upside/Downside: +614.3%
Consensus Rating: Buy
Rating Score (0-4): 3.00
Research Coverage: 1 Analysts

Profitability

EPS (Most Recent Fiscal Year): ($0.69)
Trailing P/E Ratio: N/A
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $-28,010,000.00
Net Margins: N/A
Pretax Margin: N/A
Return on Equity: -158.92%
Return on Assets: -83.86%

Debt

Debt-to-Equity Ratio: 1.25
Current Ratio: 5.73
Quick Ratio: 5.73

Sales & Book Value

Annual Sales: $14 million
Price / Sales: 4.59
Cash Flow: N/A
Price / Cash Flow: N/A
Book Value: $0.48 per share
Price / Book: 3.50

Miscellaneous

Outstanding Shares: 38,210,000
Free Float: 35,231,000
Market Cap: $64.19 million
Optionable: Not Optionable
Beta: 1.68

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Key Executives

Dr. Tsontcho Ianchulev M.D. (Age 49)
M.P.H., MPH, Co-Founder & Exec. Chairman
Comp: $920.87k

Mr. Michael M. Rowe (Age 61)
CEO & Director
Comp: $750.01k

Mr. John P. Gandolfo CPA (Age 62)
CFO & Sec.
Comp: $598.39k

Mr. Bren Kern (Age 42)
COO & Corp. VP

Alexander Lobo
Investor Contact

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

EYEN Stock - Frequently Asked Questions

Should I buy or sell Eyenovia stock right now?: 1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Eyenovia in the last year. There are currently 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "buy" EYEN shares.
View EYEN analyst ratings or view top-rated stocks.
What is Eyenovia's stock price forecast for 2023?: 1 brokerages have issued 1 year price objectives for Eyenovia's shares. Their EYEN share price forecasts range from $12.00 to $12.00. On average, they expect the company's share price to reach $12.00 in the next twelve months. This suggests a possible upside of 614.3% from the stock's current price.
View analysts price targets for EYEN or view top-rated stocks among Wall Street analysts.
How have EYEN shares performed in 2023?: Eyenovia's stock was trading at $1.63 at the beginning of 2023. Since then, EYEN shares have increased by 3.1% and is now trading at $1.68.
View the best growth stocks for 2023 here.
Are investors shorting Eyenovia?: Eyenovia saw a increase in short interest in the month of September. As of September 15th, there was short interest totaling 1,460,000 shares, an increase of 9.8% from the August 31st total of 1,330,000 shares. Based on an average daily volume of 246,500 shares, the days-to-cover ratio is presently 5.9 days.
View Eyenovia's Short Interest.
When is Eyenovia's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Thursday, November 9th 2023.
View our EYEN earnings forecast.
How were Eyenovia's earnings last quarter?: Eyenovia, Inc. (NASDAQ:EYEN) released its quarterly earnings data on Thursday, August, 10th. The company reported ($0.16) EPS for the quarter, topping the consensus estimate of ($0.20) by $0.04.

What other stocks do shareholders of Eyenovia own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Eyenovia investors own include Sorrento Therapeutics (SRNE), OPKO Health (OPK), Vaxart (VXRT), Axsome Therapeutics (AXSM), Aldeyra Therapeutics (ALDX), Leap Therapeutics (LPTX), Trevena (TRVN), Albireo Pharma (ALBO), BioXcel Therapeutics (BTAI) and Corvus Pharmaceuticals (CRVS).
When did Eyenovia IPO?: (EYEN) raised $30 million in an initial public offering on Thursday, January 25th 2018. The company issued 2,700,000 shares at a price of $10.00-$12.00 per share. Ladenburg Thalmann and Roth Capital Partners served as the underwriters for the IPO.
What is Eyenovia's stock symbol?: Eyenovia trades on the NASDAQ under the ticker symbol "EYEN."
Who are Eyenovia's major shareholders?: Eyenovia's stock is owned by a number of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (3.51%), Geode Capital Management LLC (1.46%), State Street Corp (1.16%), Renaissance Technologies LLC (1.12%), Northern Trust Corp (0.62%) and Nuveen Asset Management LLC (0.53%). Insiders that own company stock include Bren Kern, Charles E Iv Mather, Ellen R Strahlman, John P Gandolfo, Kenneth B Lee Jr, Michael M Rowe, Michael M Rowe, Stuart M Grant and Tsontcho Ianchulev.
View institutional ownership trends.
How do I buy shares of Eyenovia?: Shares of EYEN stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.
What is Eyenovia's stock price today?: One share of EYEN stock can currently be purchased for approximately $1.68.
How much money does Eyenovia make?: Eyenovia (NASDAQ:EYEN) has a market capitalization of $64.19 million and generates $14 million in revenue each year. The company earns $-28,010,000.00 in net income (profit) each year or ($0.69) on an earnings per share basis.
How can I contact Eyenovia?: Eyenovia's mailing address is 295 MADISON AVENUE SUITE 2400, NEW YORK NY, 10017. The official website for the company is www.eyenoviabio.com. The company can be reached via phone at (917) 289-1117 or via email at tbui@theruthgroup.com.

This page (NASDAQ:EYEN) was last updated on 9/27/2023 by MarketBeat.com Staff

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