Ocugen (OCGN) Stock Price, News & Analysis

Company Overview

Ocugen, Inc. (NASDAQ: OCGN) is a biotechnology company focused on developing gene and cell therapies for blindness diseases and other serious medical conditions. The company’s platform includes modifier gene therapy, which is designed to address common disease pathways and potentially treat multiple genetic disorders with a single therapeutic approach.

Ocugen’s ophthalmic pipeline includes OCU400, an investigational gene therapy being developed for certain forms of retinitis pigmentosa, as well as OCU410 and OCU410ST, which are being studied for geographic atrophy associated with age-related macular degeneration. The company has also investigated OCU200 for diabetic macular edema and other retinal diseases. These candidates remain subject to clinical and regulatory development.

The company was founded in 2013 and is headquartered in Malvern, Pennsylvania. Ocugen previously pursued the development and commercialization of Bharat Biotech’s COVAXIN COVID-19 vaccine in the United States and Canada, but its current strategy is primarily centered on gene therapies for ophthalmic diseases. Ocugen is led by Shankar Musunuri, who serves as chairman, chief executive officer and founding scientist.

Key Stats

• Today's Range: $1.01 to $1.04
• 50-Day Range: $0.99 to $1.48
• 52-Week Range: $0.97 to $2.73
• Volume: 3.29 million shs
• Average Volume: 9.13 million shs
• Market Capitalization: $345.89 million
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: $9.50
• Consensus Rating: Moderate Buy

Ocugen Stock Analysis - MarketRank™

Ocugen scored higher than 35% of companies evaluated by MarketBeat, and ranked 698th out of 887 stocks in the healthcare 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: Moderate Buy

Consensus Rating

Ocugen has received a consensus rating of Moderate Buy. The company's average rating score is 2.60, and is based on no strong buy ratings, 4 buy ratings, no hold ratings, and 1 sell rating.

Upside Potential

Ocugen has a consensus price target of $9.50, representing about 831.4% upside from its current price of $1.02.

Amount of Analyst Coverage

Ocugen has only been the subject of 1 research reports in the past 90 days.

Earnings and Valuation

• Score: 0.0 / 5
• Proj. Earnings Growth: N/A

Earnings Growth

Earnings for Ocugen are expected to remain at ($0.25) per share in the coming year.

Price to Earnings Ratio vs. the Market

The P/E ratio of Ocugen is -3.92, 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 -3.92, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Short Interest

• Score: 0.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

32.56% 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 10.39, which indicates bearish sentiment.

Change versus previous month

Short interest in Ocugen has recently increased by 7.89%, indicating that investor sentiment is decreasing significantly.

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.

News and Social Media

• Score: 3.5 / 5
• News Sentiment: 0.66

News Sentiment

Ocugen has a news sentiment score of 0.66. 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 0.47 average news sentiment score of Healthcare companies.

News Coverage This Week

MarketBeat has tracked 23 news articles for Ocugen this week, compared to 6 articles on an average week.

Search Interest

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

MarketBeat Follows

Only 8 people have added Ocugen to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days.

Company Ownership

• Score: 1.0 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, Ocugen insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $589,110.00 in company stock.

Percentage Held by Insiders

3.95% of the stock of Ocugen is held by insiders.

Percentage Held by Institutions

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

Company Calendar

• Last Earnings: 8/06/2026
• Today: 10/04/2026
• EGM 2026: 10/05/2026
• Next Earnings (Estimated): 11/04/2026
• Fiscal Year End: 12/31/2026

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Healthcare
• Industry: Biotechnology
• Sub-Industry: Biotechnology
• Current Symbol: NASDAQ:OCGN
• CIK: 1372299
• Web: ocugen.com
• Phone: (484) 328-4701
• Fax: 781-547-4452
• Employees: 116
• Year Founded: 2013

Price Target and Rating

• Average Price Target for Ocugen: $9.50
• High Price Target: $11.00
• Low Price Target: $7.00
• Potential Upside/Downside: +831.4%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.60
• Research Coverage: 5 Analysts

Profitability

• EPS (Trailing Twelve Months): ($0.26)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: -$67.85 million
• Net Margins: N/A
• Pretax Margin: -1,786.27%
• Return on Equity: -127,987.80%
• Return on Assets: -115.95%

Debt

• Debt-to-Equity Ratio: 4.17
• Current Ratio: 0.80
• Quick Ratio: 0.80

Sales & Book Value

• Annual Sales: $4.41 million
• Price / Sales: 78.43
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: ($0.04) per share
• Price / Book: -25.50

Miscellaneous

• Outstanding Shares: 339,110,000
• Free Float: 325,715,000
• Market Cap: $345.89 million
• Optionable: Optionable
• Beta: 2.27