Ocugen (OCGN) Stock Price, News & Analysis

Company Overview

Ocugen, Inc. is a clinical-stage biopharmaceutical company headquartered in Malvern, Pennsylvania, dedicated to discovering, developing and commercializing innovative therapies for rare and underserved diseases. The company’s strategic focus lies in ophthalmology and immunology, with an emphasis on gene therapies to address inherited retinal disorders and vaccines to combat infectious diseases.

Ocugen’s pipeline is anchored by a suite of gene therapy candidates designed to treat inherited retinal degenerations such as Leber congenital amaurosis, retinitis pigmentosa and geographic atrophy secondary to age-related macular degeneration. These programs leverage proprietary adeno-associated virus (AAV) vector platforms engineered for efficient retinal gene delivery and sustained transgene expression. In addition to ocular gene therapies, Ocugen has advanced vaccine development through its partnership with Bharat Biotech, securing U.S. rights to Covaxin, a whole-virion COVID-19 vaccine.

In June 2022, the U.S. Food and Drug Administration granted emergency use authorization for Covaxin, enabling Ocugen to oversee its manufacture, distribution and commercialization in North America. Beyond the COVID-19 vaccine program, the company continues to explore additional therapeutic applications of its platform technologies, including non-infectious and systemic ophthalmic conditions, underscoring its commitment to addressing significant unmet medical needs.

Founded in 2013, Ocugen maintains research facilities in Malvern and a collaboration office in Toronto, Canada, supporting both preclinical and clinical development activities. The company’s leadership team brings together veteran executives and scientists with extensive experience at leading biopharmaceutical organizations, spanning gene therapy research, regulatory affairs and commercial operations. Ocugen aims to leverage its dual focus on genetic medicines and vaccines to advance transformative treatments for patients worldwide.

Key Stats

• Today's Range: $1.11 to $1.19
• 50-Day Range: $0.66 to $1.20
• 52-Week Range: $0.52 to $1.98
• Volume: 4.18 million shs
• Average Volume: 4.59 million shs
• Market Capitalization: $332.91 million
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: $6.00
• Consensus Rating: Buy

Ocugen Stock Analysis - MarketRank™

Ocugen scored higher than 30% of companies evaluated by MarketBeat, and ranked 779th out of 944 stocks in the medical sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.5 / 5
• Analyst Rating: Buy

Consensus Rating

Ocugen has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 3 buy ratings, no hold ratings, and no sell ratings.

Amount of Analyst Coverage

Ocugen has only been the subject of 2 research reports in the past 90 days.

Earnings and Valuation

• Score: 0.0 / 5
• Proj. Earnings Growth: Decreasing

Earnings Growth

Earnings for Ocugen are expected to decrease in the coming year, from ($0.20) to ($0.26) per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Ocugen is -6.00, 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 Ocugen is -6.00, 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

Ocugen has a P/B Ratio of 11.40. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: 1.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

22.65% of the float of Ocugen has been sold short.

Short Interest Ratio / Days to Cover

Ocugen has a short interest ratio ("days to cover") of 11.3, which indicates bearish sentiment.

Change versus previous month

Short interest in Ocugen has recently decreased by 3.04%, indicating that investor sentiment is improving.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Ocugen does not currently pay a dividend.

Dividend Growth

Ocugen does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

22.65% of the float of Ocugen has been sold short.

Short Interest Ratio / Days to Cover

Ocugen has a short interest ratio ("days to cover") of 11.3, which indicates bearish sentiment.

Change versus previous month

Short interest in Ocugen has recently decreased by 3.04%, indicating that investor sentiment is improving.

News and Social Media

• Score: 3.3 / 5
• News Sentiment: N/A

News Sentiment

Ocugen has a news sentiment score of 1.87. 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 0.99 average news sentiment score of Medical companies.

News Coverage This Week

MarketBeat has tracked 1 news article for Ocugen this week, compared to 4 articles on an average week.

Search Interest

16 people have searched for OCGN on MarketBeat in the last 30 days. This is an increase of 23% compared to the previous 30 days.

MarketBeat Follows

Only 6 people have added Ocugen to their MarketBeat watchlist in the last 30 days. This is a decrease of -50% compared to the previous 30 days.

Company Ownership

• Score: 0.0 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Ocugen insiders have not sold or bought any company stock.

Percentage Held by Insiders

Only 4.42% of the stock of Ocugen is held by insiders.

Percentage Held by Institutions

Only 10.27% of the stock of Ocugen is held by institutions.

OCGN Stock Analysis - Frequently Asked Questions

How have OCGN shares performed this year?

Ocugen's stock was trading at $0.8050 on January 1st, 2025. Since then, OCGN stock has increased by 41.6% and is now trading at $1.14.

How were Ocugen's earnings last quarter?

Ocugen, Inc. (NASDAQ:OCGN) announced its earnings results on Friday, May, 9th. The company reported ($0.05) EPS for the quarter, beating analysts' consensus estimates of ($0.06) by $0.01. The company had revenue of $1.48 million for the quarter. Ocugen had a negative trailing twelve-month return on equity of 223.00% and a negative net margin of 1,271.12%.
Read the conference call transcript.

Who are Ocugen's major shareholders?

Top institutional investors of Ocugen include Procyon Advisors LLC (0.07%) and Baader Bank Aktiengesellschaft (0.01%). Insiders that own company stock include Shankar Musunuri, Junge Zhang, Kirsten Castillo, Prabhavathi Fernandes and Ramesh Kumar.
View institutional ownership trends.

How do I buy shares of Ocugen?

Shares of OCGN stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

What other stocks do shareholders of Ocugen own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Ocugen investors own include Zomedica (ZOM), American Water Works (AWK), Waste Connections (WCN), AU Optronics (AUOTY), Voyager Therapeutics (VYGR), DiamondRock Hospitality (DRH) and The RMR Group (RMR).

Company Calendar

• Last Earnings: 5/09/2025
• Today: 7/12/2025
• Next Earnings (Estimated): 8/14/2025
• Fiscal Year End: 12/31/2025

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Medical
• Industry: MED - BIOMED/GENE
• Sub-Industry: Pharmaceutical Products
• Current Symbol: NASDAQ:OCGN
• CIK: 1372299
• Web: ocugen.com
• Phone: (484) 328-4701
• Fax: 781-547-4452
• Employees: 80
• Year Founded: N/A

Price Target and Rating

• Average Price Target for Ocugen: $6.00
• High Price Target: $7.00
• Low Price Target: $4.00
• Potential Upside/Downside: +426.3%
• Consensus Rating: Buy
• Rating Score (0-4): 3.00
• Research Coverage: 3 Analysts

Profitability

• EPS (Trailing Twelve Months): ($0.19)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: -$54.05 million
• Net Margins: -1,271.12%
• Pretax Margin: -1,271.12%
• Return on Equity: -223.00%
• Return on Assets: -92.20%

Debt

• Debt-to-Equity Ratio: 1.74
• Current Ratio: 2.60
• Quick Ratio: 2.60

Sales & Book Value

• Annual Sales: $4.05 million
• Price / Sales: 82.20
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: $0.10 per share
• Price / Book: 11.40

Miscellaneous

• Outstanding Shares: 292,030,000
• Free Float: 279,123,000
• Market Cap: $332.91 million
• Optionable: Optionable
• Beta: 4.18