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.
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%.
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