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Ocugen, Inc.

$1.02 -$0.36 (-26.09%)
NASDAQ · 11 Sep 2026 20:00 UTC
Previous Close
$1.02
Day Range
$1.01$1.06
Year Range
$1.01$2.73
Market Cap
345.89M
AVG Volume
6.97M
Trailing/Forward PE
-4.04/-
PEG ratio
-0.53
Dividend Yield
-
Next Earnings Date
2026-11-04
Primary Exchange
NASDAQUS
Revenue (USD)
-500K0500K1M1.5M2M24 Q124 Q224 Q324 Q425 Q125 Q225 Q325 Q426 Q126 Q2
OCGN Revenue (USD) by quarter
PeriodRevenue (USD)
26 Q21.49M
26 Q11.53M
25 Q4-193K
25 Q31.75M
25 Q21.37M
25 Q11.48M
24 Q4764K
24 Q31.14M
24 Q21.14M
24 Q11.01M
Net Income (USD)
-30M-20M-10M024 Q124 Q224 Q324 Q425 Q125 Q225 Q325 Q426 Q126 Q2
OCGN Net Income (USD) by quarter
PeriodNet Income (USD)
26 Q2-24.88M
26 Q1-19.18M
25 Q4-17.71M
25 Q3-20.05M
25 Q2-14.74M
25 Q1-15.35M
24 Q4-13.88M
24 Q3-12.97M
24 Q2-15.28M
24 Q1-11.92M
Operating Income (USD)
-20M-15M-10M-5M024 Q124 Q224 Q324 Q425 Q125 Q225 Q325 Q426 Q126 Q2
OCGN Operating Income (USD) by quarter
PeriodOperating Income (USD)
26 Q2-16.44M
26 Q1-17.84M
25 Q4-17M
25 Q3-17.62M
25 Q2-13.79M
25 Q1-14.5M
24 Q4-13.84M
24 Q3-13.25M
24 Q2-15.45M
24 Q1-12.22M
EBITDA (USD)
-20M-15M-10M-5M024 Q124 Q224 Q324 Q425 Q125 Q225 Q325 Q426 Q126 Q2
OCGN EBITDA (USD) by quarter
PeriodEBITDA (USD)
26 Q2-19.82M
26 Q1-17.27M
25 Q4-15.26M
25 Q3-17.79M
25 Q2-12.75M
25 Q1-13.53M
24 Q4-13.28M
24 Q3-12.36M
24 Q2-14.7M
24 Q1-11.74M
Cash Flows (USD)
-30M-20M-10M024 Q124 Q224 Q324 Q425 Q125 Q225 Q325 Q426 Q126 Q2
OCGN Cash Flows (USD) by quarter
PeriodCash Flows (USD)
26 Q2-12.57M
26 Q1-21.8M
25 Q4-14M
25 Q3-13.01M
25 Q2-10.77M
25 Q1-19.37M
24 Q4-10.38M
24 Q3-11.78M
24 Q2-10.42M
24 Q1-12.95M
EPS (USD)
-0.08-0.06-0.04-0.02024 Q124 Q224 Q324 Q425 Q125 Q225 Q325 Q426 Q126 Q2
OCGN EPS (USD) by quarter
PeriodEPS (USD)
26 Q2-0.07
26 Q1-0.06
25 Q4-0.06
25 Q3-0.07
25 Q2-0.05
25 Q1-0.05
24 Q4-0.05
24 Q3-0.05
24 Q2-0.04
24 Q1-0.05
Expenses (USD)
05M10M15M20MR&DSG&ACapex24 Q124 Q224 Q324 Q425 Q125 Q225 Q325 Q426 Q126 Q2
OCGN Expenses (USD) by quarter
PeriodExpenses (USD)
26 Q217.95M
26 Q119.38M
25 Q416.84M
25 Q319.47M
25 Q215.21M
25 Q116M
24 Q414.62M
24 Q314.89M
24 Q217.1M
24 Q115.58M
Cash & Debt (USD)
050M100M150MCashLong Term DebtShort Term Debt24 Q124 Q224 Q324 Q425 Q125 Q225 Q325 Q426 Q126 Q2
OCGN Cash & Debt (USD) by quarter
PeriodCash & Debt (USD)
26 Q2100.05M
26 Q131.86M
25 Q418.57M
25 Q332.56M
25 Q227.01M
25 Q137.8M
24 Q458.51M
24 Q338.7M
24 Q215.7M
24 Q126.38M
Debt ratios
-0.2500.250.50.7524 Q124 Q224 Q324 Q425 Q125 Q225 Q325 Q426 Q126 Q2
OCGN Debt ratios by quarter
PeriodDebt ratios
26 Q20.17
26 Q1-0.02
25 Q4-0.25
25 Q3-0.01
25 Q2-0.11
25 Q10.11
24 Q40.5
24 Q30.66
24 Q20.19
24 Q10.35
Margins
0%50%100%150%24 Q124 Q224 Q324 Q425 Q125 Q225 Q325 Q426 Q126 Q2
OCGN Margins by quarter
PeriodMargins
26 Q2100%
26 Q1100%
25 Q4100%
25 Q3100%
25 Q2100%
25 Q1100%
24 Q4100%
24 Q3100%
24 Q2100%
24 Q1100%
Return on Capital
-600%-400%-200%0%200%24 Q124 Q224 Q324 Q425 Q125 Q225 Q325 Q426 Q126 Q2
OCGN Return on Capital by quarter
PeriodReturn on Capital
26 Q2150.26%
26 Q1-330.35%
25 Q4145.54%
25 Q3-567.53%
25 Q2-482.93%
25 Q1-96.46%
24 Q4-46.84%
24 Q3-31.92%
24 Q2-90.27%
24 Q1-39.4%
Shares Outstanding
0100M200M300M400M24 Q124 Q224 Q324 Q425 Q125 Q225 Q325 Q426 Q126 Q2
OCGN Shares Outstanding by quarter
PeriodShares Outstanding
26 Q2338.68M
26 Q1320.42M
25 Q4312.34M
25 Q3304M
25 Q2292.03M
25 Q1292M
24 Q4290.92M
24 Q3278.17M
24 Q2257.35M
24 Q1257.23M
Book Value Per Share (USD)
-0.0500.050.10.1524 Q124 Q224 Q324 Q425 Q125 Q225 Q325 Q426 Q126 Q2
OCGN Book Value Per Share (USD) by quarter
PeriodBook Value Per Share (USD)
26 Q2-0.05
26 Q10.02
25 Q4-0.04
25 Q30.01
25 Q20.01
25 Q10.05
24 Q40.1
24 Q30.15
24 Q20.07
24 Q10.12
Total Assets (USD)
050M100M150M24 Q124 Q224 Q324 Q425 Q125 Q225 Q325 Q426 Q126 Q2
OCGN Total Assets (USD) by quarter
PeriodTotal Assets (USD)
26 Q2124.21M
26 Q156.91M
25 Q444.29M
25 Q357.6M
25 Q253.59M
25 Q164.46M
24 Q482.44M
24 Q361.94M
24 Q240.54M
24 Q151.79M
Employee Count
0501001502016201720182019202020212022202320242025
OCGN Employee Count by quarter
PeriodEmployee Count
2025116
202495
202365
202284
202156
202015
201916
201849
201745
201647
Free Cash Flow Yield
-30%-20%-10%0%med -15.37%Dec 24Apr 25Jul 25Oct 25Feb 26May 26Sep 26
OCGN Free Cash Flow Yield by quarter
PeriodFree Cash Flow Yield
Sep 26-17.77%
Sep 26-13.33%
Aug 26-13.73%
Aug 26-13.04%
Aug 26-13.42%
Aug 26-14.16%
Jul 26-15.12%
Jul 26-15.37%
Jul 26-13.67%
Jul 26-12.65%
Jul 26-12.31%
Jun 26-12.4%
Jun 26-14.99%
Jun 26-15.37%
Jun 26-14.53%
May 26-13.47%
May 26-13.88%
May 26-13.38%
May 26-12.31%
May 26-10.17%
Apr 26-11.02%
Apr 26-9.19%
Apr 26-10.4%
Apr 26-10.22%
Mar 26-9.78%
Mar 26-8.97%
Mar 26-7.38%
Mar 26-11.36%
Feb 26-9.67%
Feb 26-11.01%
Feb 26-12.49%
Feb 26-13.24%
Jan 26-12.14%
Jan 26-10.61%
Jan 26-10.42%
Jan 26-11.74%
Jan 26-12.76%
Dec 25-12.49%
Dec 25-12.58%
Dec 25-12.95%
Dec 25-14.43%
Nov 25-14.2%
Nov 25-15.18%
Nov 25-14.8%
Nov 25-12.95%
Oct 25-11.48%
Oct 25-11.12%
Oct 25-11.19%
Oct 25-10.47%
Oct 25-10.12%
Sep 25-12.27%
Sep 25-13.37%
Sep 25-16.74%
Sep 25-17.39%
Aug 25-17.56%
Aug 25-17.73%
Aug 25-17.06%
Aug 25-17.94%
Aug 25-17.91%
Jul 25-16.32%
Jul 25-17.44%
Jul 25-15.61%
Jul 25-18.59%
Jun 25-18.08%
Jun 25-16.79%
Jun 25-15.75%
Jun 25-16.79%
May 25-21.28%
May 25-19.12%
May 25-23.46%
May 25-26.56%
May 25-20.46%
Apr 25-21.76%
Apr 25-23.03%
Apr 25-22.67%
Apr 25-23.64%
Mar 25-19.57%
Mar 25-25.88%
Mar 25-29.13%
Mar 25-25.65%
Feb 25-27.13%
Feb 25-26%
Feb 25-24.62%
Feb 25-24.81%
Jan 25-24.3%
Jan 25-22.66%
Jan 25-24.9%
Jan 25-22.47%
Jan 25-19.76%
Dec 24-20.91%
Dec 24-22.83%
Dec 24-20.62%
Dec 24-20.32%
Nov 24-18%
Nov 24-19.48%
Nov 24-18.83%
Nov 24-21.46%
Nov 24-22.29%
Oct 24-22.89%
Oct 24-22.51%
Price to Sales
050100150200med 71.68Dec 24Apr 25Jul 25Oct 25Feb 26May 26Sep 26
OCGN Price to Sales by quarter
PeriodPrice to Sales
Sep 2675.43
Sep 26100.57
Aug 2697.61
Aug 26102.79
Aug 2699.83
Aug 2694.65
Jul 2688.27
Jul 2686.83
Jul 2697.6
Jul 26105.49
Jul 26108.36
Jun 26107.65
Jun 2688.99
Jun 2686.83
Jun 2691.86
May 2699.03
May 2696.16
May 2699.75
May 26108.36
May 26127.4
Apr 26117.49
Apr 26140.85
Apr 26124.57
Apr 26126.69
Mar 26132.35
Mar 26144.39
Mar 26175.53
Mar 26113.95
Feb 26103.03
Feb 2690.58
Feb 2679.82
Feb 2675.29
Jan 2682.09
Jan 2693.97
Jan 2695.67
Jan 2684.92
Jan 2678.12
Dec 2579.82
Dec 2579.26
Dec 2576.99
Dec 2569.07
Nov 2570.2
Nov 2565.67
Nov 2567.37
Nov 2576.99
Oct 2595.83
Oct 2598.9
Oct 2598.29
Oct 25105.04
Oct 25108.73
Sep 2589.69
Sep 2582.31
Sep 2565.73
Sep 2563.27
Aug 2562.66
Aug 2562.04
Aug 2564.5
Aug 2561.33
Aug 2564.16
Jul 2570.38
Jul 2565.86
Jul 2573.61
Jul 2561.8
Jun 2563.55
Jun 2568.45
Jun 2572.97
Jun 2568.45
May 2553.99
May 2560.1
May 2548.97
May 2543.26
May 2554.88
Apr 2551.6
Apr 2548.74
Apr 2549.53
Apr 2547.49
Mar 2557.36
Mar 2543.38
Mar 2538.55
Mar 2543.78
Feb 2519.44
Feb 2520.28
Feb 2521.41
Feb 2521.25
Jan 2521.69
Jan 2523.26
Jan 2521.18
Jan 2523.46
Jan 2526.68
Dec 2425.22
Dec 2423.09
Dec 2425.57
Dec 2425.95
Nov 2429.29
Nov 2427.06
Nov 2427.99
Nov 2421.35
Nov 2420.55
Oct 2420.01
Oct 2420.35
Price to Book
050100150200med 19.23Sep 24Dec 24Apr 25Jul 25Oct 25Feb 26Jul 26
OCGN Price to Book by quarter
PeriodPrice to Book
Jul 2667.89
Jul 2666.79
Jul 2675.07
Jul 2681.14
Jul 2683.35
Jun 2682.8
Jun 2668.45
Jun 2666.79
Jun 2670.65
May 2676.17
May 2673.97
May 2676.72
May 2683.35
Feb 26156.61
Feb 26137.67
Feb 26121.33
Feb 26114.44
Jan 26124.77
Jan 26142.84
Jan 26145.42
Jan 26129.07
Jan 26118.74
Dec 25121.33
Dec 25120.47
Dec 25117.02
Dec 25104.98
Nov 25106.7
Nov 2599.81
Nov 25102.4
Nov 25117.02
Oct 25149.27
Oct 25154.05
Oct 25153.1
Oct 25163.62
Oct 25169.36
Sep 25139.7
Sep 25128.22
Sep 25102.38
Sep 2598.56
Aug 2597.6
Aug 2596.64
Aug 25100.47
Aug 2595.53
Aug 2518.23
Jul 2520
Jul 2518.72
Jul 2520.92
Jul 2517.56
Jun 2518.06
Jun 2519.45
Jun 2520.73
Jun 2519.45
May 2515.34
May 2517.08
May 2513.92
May 2512.29
May 257.51
Apr 257.06
Apr 256.67
Apr 256.78
Apr 256.5
Mar 257.85
Mar 255.94
Mar 255.28
Mar 255.99
Feb 254.46
Feb 254.66
Feb 254.92
Feb 254.88
Jan 254.98
Jan 255.34
Jan 254.86
Jan 255.39
Jan 256.12
Dec 245.79
Dec 245.3
Dec 245.87
Dec 245.96
Nov 246.72
Nov 246.21
Nov 246.43
Nov 2414.99
Nov 2414.43
Oct 2414.06
Oct 2414.29
Oct 2414.98
Oct 2415.36
Sep 2415.51
Sep 2416.88
Sep 2418.4
Sep 2417.33
Aug 2419.76
Aug 2419.76
Aug 2418.85
Aug 2419
Aug 2410.46
Jul 2413.94
Jul 2414.11
Jul 2415.98
Jul 2414.54
Ocugen, Inc.
OCGN
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News: OCGN

Ocugen: Q3 Data Catalyst In Stargardt Disease Feels Critical

seekingalpha.com · 11 Sep 2026

Ocugen: Q3 Data Catalyst In Stargardt Disease Feels Critical

Ocugen is advancing three gene therapy programs—OCU400, OCU410ST, and OCU410—targeting major unmet needs in ophthalmology. I assign OCGN a Buy rating, citing strong clinical data, upcoming pivotal trial catalysts, and sufficient cash runway, despite high commercial and execution risk. Key upcoming catalysts include Phase 3 data for OCU400 and OCU410ST (Stargardt) in 2027 and a Phase 3 trial for OCU410 now FDA-cleared.

OCGN Advances Gene Therapy OCU410 In Phase III for Geographic Atrophy

zacks.com · 2 Sep 2026

OCGN Advances Gene Therapy OCU410 In Phase III for Geographic Atrophy

Ocugen moves OCU410 into phase III for geographic atrophy, with FDA-aligned study plans. The company expects to file a BLA for OCU410 in 2028.

Ocugen Announces First Patient Dosed in Phase 3 Registrational Trial of OCU410 Modifier Gene Therapy for Geographic Atrophy Secondary to Dry Age-Related Macular Degeneration

globenewswire.com · 1 Sep 2026

Ocugen Announces First Patient Dosed in Phase 3 Registrational Trial of OCU410 Modifier Gene Therapy for Geographic Atrophy Secondary to Dry Age-Related Macular Degeneration

MALVERN, Pa., Sept. 01, 2026 (GLOBE NEWSWIRE) -- Ocugen, Inc. (“Ocugen” or the “Company”) (NASDAQ: OCGN), a pioneering biotechnology leader in gene therapies for blindness diseases, today announced that the first patient was dosed in the global Phase 3 registrational trial of OCU410 (AAV5-hRORA), its first-in-class modifier gene therapy candidate for GA secondary to dry age-related macular degeneration (dAMD). The Company also highlighted the recent FDA RMAT designation for OCU410, which supports a potential accelerated development and review pathway for the program.

Ocugen to Participate in Upcoming September Investor and Industry Conferences

globenewswire.com · 25 Aug 2026

Ocugen to Participate in Upcoming September Investor and Industry Conferences

MALVERN, Pa., Aug. 25, 2026 (GLOBE NEWSWIRE) -- Ocugen, Inc. (Ocugen or the Company) (NASDAQ: OCGN), a pioneering biotechnology leader in gene therapies for blindness diseases, today announced that the Company will present on its innovative modifier gene therapy platform at upcoming investor and industry conferences in September 2026.

Brokerages Set Ocugen, Inc. (NASDAQ:OCGN) Price Target at $9.50

defenseworld.net · 17 Aug 2026

Brokerages Set Ocugen, Inc. (NASDAQ:OCGN) Price Target at $9.50

Shares of Ocugen, Inc. (NASDAQ: OCGN - Get Free Report) have earned a consensus rating of "Moderate Buy" from the five ratings firms that are presently covering the company, Marketbeat Ratings reports. One research analyst has rated the stock with a sell rating and four have issued a buy rating on the company. The average twelve-month

Ocugen Targets 2027 BLA Filings as Gene Therapy Programs Near Key Readouts

marketbeat.com · 15 Aug 2026

Ocugen Targets 2027 BLA Filings as Gene Therapy Programs Near Key Readouts

Ocugen NASDAQ: OCGN is positioning its ophthalmology gene therapy portfolio around treatments for inherited retinal diseases and dry age-related macular degeneration, with pivotal-stage programs in retinitis pigmentosa, Stargardt disease and geographic atrophy, Chairman, CEO and Co-Founder Shankar Musunuri said during a Canaccord discussion.

Ocugen's Q2 Earnings Miss Estimates as R&D Costs Rise, Stock Falls

zacks.com · 7 Aug 2026

Ocugen's Q2 Earnings Miss Estimates as R&D Costs Rise, Stock Falls

OCGN posts a wider Q2 loss as R&D spending climbs, while advancing late-stage gene therapy programs and extending its cash runway into 2028.

Ocugen Q2 Earnings Call Highlights

marketbeat.com · 7 Aug 2026

Ocugen Q2 Earnings Call Highlights

Ocugen NASDAQ: OCGN said its second quarter marked progress across its late-stage ophthalmology pipeline, including FDA clearance to begin a Phase III study of OCU410 in geographic atrophy and an RMAT designation for the program.

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