WallStreetZenWallStreetZen

NASDAQ: OCGN
Ocugen Inc Stock Forecast, Predictions & Price Target

Analyst price target for OCGN

Based on 3 analysts offering 12 month price targets for Ocugen Inc.
Min Forecast
$2.00+400%
Avg Forecast
$3.67+816.75%
Max Forecast
$5.00+1,150%

Should I buy or sell OCGN stock?

Based on 3 analysts offering ratings for Ocugen Inc.
Strong Buy
Strong Buy
2 analysts 66.67%
Buy
1 analysts 33.33%
Hold
0 analysts 0%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

Be the first to know when Wall Street analysts revise their OCGN stock forecasts and price targets.

OCGN stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
Cantor Fitzgerald
Bottom 8%
8
Strong BuyMaintains$2.00+400.00%2023-08-31
HC Wainwright & Co.
Bottom 1%
1
BuyReiterates$5.00+1,150.00%2023-08-23
Chardan Capital
Bottom 3%
3
Strong BuyMaintains$4.00+900.00%2023-05-08

1 of 1

Forecast return on equity

Is OCGN forecast to generate an efficient return?
Company
N/A
Industry
0.88%
Market
28.76%

Forecast return on assets

Is OCGN forecast to generate an efficient return on assets?
Company
N/A
Industry
0.06%

OCGN vs Biotech Stocks

TickerPricePrice TargetUp/downsideConsensus
OCGN$0.40$3.67+816.75%Strong Buy
CDXC$1.36$5.00+267.65%Buy
ANIX$3.34$10.50+214.37%Strong Buy
ORMP$2.59$2.00-22.78%Hold
OPT$1.73$17.67+924.17%Strong Buy

Ocugen Stock Forecast FAQ

Is Ocugen Stock a good buy in 2023, according to Wall Street analysts?

The consensus among 3 Wall Street analysts covering (NASDAQ: OCGN) stock is to Strong Buy OCGN stock.

Out of 3 analysts, 2 (66.67%) are recommending OCGN as a Strong Buy, 1 (33.33%) are recommending OCGN as a Buy, 0 (0%) are recommending OCGN as a Hold, 0 (0%) are recommending OCGN as a Sell, and 0 (0%) are recommending OCGN as a Strong Sell.

If you're new to stock investing, here's how to buy Ocugen stock.

What is OCGN's forecast return on equity (ROE) for 2023-2026?

(NASDAQ: OCGN) forecast ROE is N/A, which is considered weak.

What is OCGN's Price Target?

According to 3 Wall Street analysts that have issued a 1 year OCGN price target, the average OCGN price target is $3.67, with the highest OCGN stock price forecast at $5.00 and the lowest OCGN stock price forecast at $2.00.

On average, Wall Street analysts predict that Ocugen's share price could reach $3.67 by Aug 31, 2024. The average Ocugen stock price prediction forecasts a potential upside of 816.75% from the current OCGN share price of $0.40.

What is OCGN's forecast return on assets (ROA) for 2023-2026?

(NASDAQ: OCGN) forecast ROA is N/A, which is lower than the forecast US Biotechnology industry average of 0.06%.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.