In this article, we will be talking about the OCGN stock target and its forecast from 2021 to 2025.
What is OCGN Stock?
OCGN stock focuses on developing gene therapies to cure blindness diseases. A novel gene therapy product candidate is restoring retinal integrity and function across a range of genetically diverse inherited retinal diseases, such as Leber’s congenital temporary visual loss.
Gene therapy candidate for the treatment of dry age-related macular degeneration; a novel fusion protein that is in the preclinical stage for the cure of diabetic macular edema and wet AMD.
OCGN stock has a strategic partnership with CanSino Biologics Inc. for gene therapy co-development and manufacturing; and Bharat Biotech for the commercialization of COVAXIN in the United States market. The company is in Malvern, Pennsylvania.
OCGN Price Target
Based on 3 Wall Street analysts offering 12-month price targets for Ocugen in the last three months.
The average price target is $8.33, with a high forecast of $15.00 and a low forecast of $4.00. The average price target represents a -3.14% change from the last price of $8.60.
Is OCGN Worth Buying?
Despite the effort, Covaxin is making in India and the order it could soon receive from the WHO, it is hard to make a strong case for OCGN because the biotech will record any revenue from Covaxin when approved traded in North America.
And it will only keep 45% of the profits. Whatever health agencies in India or anywhere think of Covaxin is not likely to disturb what regulators in the United States do.
OCGN is now unlikely to obtain emergency use authorization (EUA) in the U.S. Per the U.S. Food and Drug Administration; it will pursue full approval for its drug candidate.
A EUA takes several weeks, while full support can take up to 10 months from when an application is submitted. Furthermore, we are unlikely to see Covaxin offered in U.S. pharmacies anytime soon.
Is OCGN Stock a Good Buy?
OCGN stock is a good buy.
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OCGN stock forecast for 2021 December is $10.06, and the change is 1.77%.
OCGN Stock Forecast 2022
The stock forecast for 2022 January price target is $10.04, and the change is 0.21%
The stock forecast for 2022 February price target is $10.27, and the change is 2.30%
The stock forecast for 2022 March price target is $10.68, and the change is 4.00%
The stock forecast for 2022 April price target is $11.17, and the change is 4.59%
The stock forecast for 2022 May price target is $11.58, and the change is 3.67%
The stock forecast for 2022 Jun. the price target is $11.78, and the change is 1.76%
The stock forecast for 2022 July price target is $12.06, and the change is 2.36%
The stock forecast for 2022 August price target is $12.39, and the change is 2.76%
The stock forecast for 2022 September price target is $12.66, and the change is 2.11%
The stock forecast for 2022 October price target is $12.66, and the change is 0.06%
The stock forecast for 2022 November price target is $12.85, and the change is 1.47%
The stock forecast for 2022 December price target is $13.19, and the change is 2.67%
OCGN Stock Forecast 2023
The stock forecast for 2023 January price target is $13.52, and the change is 2.44%
The stock forecast for 2023 February price target is $13.69, and the change is 1.28%
The stock forecast for 2023 March price target is $13.70, and the change is 0.08%
The stock forecast for 2023 April price target is $13.61, and the change is 0.67%
The stock forecast for 2023 May price target is $13.49, and the change is 0.83%
The stock forecast for the 2023 June price target is $13.44, and the change is 0.43%
The stock forecast for 2023 July price target is $13.47, and the change is 0.27%
The stock forecast for 2023 August price target is $13.60, and the change is 0.97%
The stock forecast for 2023 September price target is $13.81, and the change is 1.48%
The stock forecast for 2023 October price target is $14.05, and the change is 1.76%
The stock forecast for 2023 November price target is $14.31, and the change is 1.84%
The stock forecast for 2023 December price target is $14.54, and the change is 1.66%
OCGN Stock Forecast 2024
The stock forecast for 2024 January price target is $14.74, and the change is 1.31%
The stock forecast for 2024 February price target is $14.87, and the change is 0.94%
The stock forecast for 2024 March price target is $14.97, and the change is 0.63%
The stock forecast for 2024 April price target is $15.03, and the change is 0.42%
The stock forecast for 2024 May price target is $15.08, and the change is 0.32%
The stock forecast for 2024 June price target is $15.11, and the change is 0.19%
The stock forecast for 2024 July price target is $15.12, and the change is 0.11%
The stock forecast for 2024 August price target is $15.13, and the change is 0.04%
The stock forecast for 2024 September price target is $15.13, and the change is 0.02%
The stock forecast for 2024 October price target is $15.14, and the change is 0.03%
The stock forecast for 2024 November price target is $15.15, and the change is 0.09%
The stock forecast for 2024 December price target is $15.17, and the change is 0.15%
Watch the video below to know more about the OCGN Stock forecast:
OCGN Stock Forecast 2025
The stock forecast for 2025 January price target is $15.20, and the change is 0.19%
The stock forecast for 2025 February price target is $15.24, and the change is 0.24%
The stock forecast for 2025 March price target is $15.28, and the change is 0.26%
The stock forecast for 2025 April price target is $15.31, and the change is 0.23%
The stock forecast for 2025 May price target is $15.34, and the change is 0.17%
The stock forecast for 2025 June price target is $15.36, and the change is 0.11%
The stock forecast for 2025 July price target is $15.36, and the change is 0.03%
The stock forecast for 2025 August price target is $15.35, and the change is 0.04%
The stock forecast for 2025 September price target is $15.34, and the change is 0.12%
The stock forecast for 2025 October price target is $15.30, and the change is 0.21%
The stock forecast for 2025 November price target is $15.25, and the change is 0.35%
The stock forecast for 2025 December price target is $15.17, and the change is 0.53%
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