Home 
Today's Top Picks 
Top Performers 
Watchlist 
My Robo Portfolios 
ETF Zone 
How It Works 
News - Chart
- Upturn Summary
- Highlights
- Valuation
Upturn AI Summary - About
Ocugen Inc(OCGN)
Advisory History & Simulated Performance *
*as per simulation (see disclosures)- ALL
- 1Y
- 1M
- 1W
- BUY Advisory
- SELL Advisory (Profit)
- SELL Advisory (Loss)
- Profit
- Loss
- PASS (Skip)
Stock price based on last close Advisory Performance History (Simulated)
Upturn Advisory & Investor View for OCGN
11/09/2026: OCGN (1-star) is currently NOT-A-BUY. Pass it for now.
Ocugen Inc is a clinical-stage biotechnology firm dedicated to developing gene and cell therapies for severe ocular conditions. Its primary strength lies in its modifier gene therapy platform, which aims to address multiple rare retinal diseases. The main investment story centers on the success of its lead candidates, OCU400 and OCU410, in ongoing clinical trials. Risks are significant, as the company is pre-revenue, faces high cash-burn, and remains vulnerable to clinical failure and the need for further dilution. This stock is generally suited for risk-tolerant investors looking for biotech exposure, and observers should monitor upcoming clinical trial readouts for signs of progress.
How to Read the Upturn Advisory
The Upturn Star Rating and the current BUY, SELL, or PASS advisory are generated by Upturn’s AI advisory engine based on proprietary signal analysis, price behavior, advisory history, and historical signal performance.
Company fundamentals, valuation, risks, and news provide supporting context about the business.
Investor Fit
| Investor style | Fit | Why |
|---|---|---|
| Growth investor | Mixed fit | The company offers high-risk growth potential but lacks established revenue streams. |
| Momentum investor | Strong fit while signal remains positive | High volatility and sensitivity to clinical data readouts make it attractive during periods of positive news flow. |
| Value investor | Weak fit | The company lacks positive earnings, cash flow, or dividends to support a traditional value analysis. |
| Dividend investor | Weak fit | As a pre-revenue clinical-stage biotech, the company does not provide income. |
| Low-risk investor | Weak fit | The high probability of clinical trial failure and price volatility presents too much risk for conservative investors. |
Risk Profile
| Risk factor | Level | Why it matters |
|---|---|---|
| Price volatility | High | The stock price is highly sensitive to binary clinical trial results. |
| Valuation risk | High | Current valuations are based on future potential rather than present earnings. |
| Competition risk (Gene Therapy) | Medium / high | Well-funded competitors are developing rival therapies for similar ocular indications. |
| Business quality | Medium | The reliance on a narrow pipeline makes the business model fragile until a product reaches the market. |
| Dividend income | Low / none | Investors should not expect any income returns from this stock. |
| Execution risk | High | Clinical and regulatory execution are the sole determinants of long-term viability. |
Price Behavior
Steep Decline
The stock price has dropped sharply with strong downward pressure.
Extreme Price Shocks
The stock has experienced exceptionally large and disruptive price movements during the period.
Analysis of Past Performance
Type Stock | Historic Profit 12.01% | Avg. Invested days 21 | Today’s Advisory PASS |
Upturn Advisory Rating  | Upturn Advisory Performance  2.0 | Stock Returns Performance  2.0 |
| Profits based on simulation | Last Close 11/09/2026 |
Upturn Scorecard
Upturn Star Rating 
Company Fundamentals
Financial Health Rating
Growth Momentum Score
Ownership
Top 5 Institutional Investors
Unit Economics (Per $1K Revenue)
Economic Dimensions
Quantitative Style Profile
Style Classification
Quality Focused
Key Highlights
Company Size Small-Cap Stock | Market Capitalization 313.86M USD | Price to earnings Ratio - | 1Y Target Price 12.17 |
Price to earnings Ratio - | 1Y Target Price 12.17 | ||
Volume (30-day avg) 6.9M shares | Beta 1.98 | 52 Weeks Range 0.69 - 2.73 | Updated Date 11/08/2026 |
52 Weeks Range 0.69 - 2.73 | Updated Date 11/08/2026 | ||
Dividends yield (FY) - | Basic EPS (TTM) -0.2 |
How Company Makes Money
| Business area | What it includes | Retail investor read |
|---|---|---|
| Ocular Gene Therapy | Research and development of modifier gene therapy candidates like OCU400. | The company is currently spending money to invent future products, not selling commercial goods. |
Valuation
Trailing PE - | Forward PE 13.07 | Enterprise Value 316.53M | Price to Sales(TTM) 65.66 |
Enterprise Value 316.53M | Price to Sales(TTM) 65.66 | ||
Enterprise Value to Revenue 66.22 | Enterprise Value to EBITDA -1.95 | Shares Outstanding 339.31M | Shares Floating 334.50M |
Shares Outstanding 339.31M | Shares Floating 334.50M | ||
Percent Insiders 1.4 | Percent Institutions 43.51 |
Financial Metrics
🧭 Investment Snapshot
Total Revenue (Scale)
Total money earned from selling products or services before any costs. It is needed to understand the scale of the business and its ability to generate income.
Net Income (Profit)
Final profit after all expenses, interest, and taxes are deducted. It is needed to determine the overall profitability available to shareholders.
Free Cash Flow (Cash Strength)
Cash remaining after operating activities and capital expenditures, showing cash available for growth. It is needed to evaluate the company’s ability to invest, pay dividends, or reduce debt.
📈 Growth & Strength
Operating Income (Core Profit)
Profit from core operations after deducting all operating expenses. It is needed to measure how efficiently the company runs its primary business activities.
EBITDA (Cash Earnings)
Earnings before interest, taxes, depreciation, and amortization, indicating operating cash potential. It is needed to compare operating performance across companies without accounting or financing differences.
Gross Profit (Unit Profitability)
Revenue minus cost of revenue, showing profit after direct production costs. It is needed to evaluate core business profitability before overhead expenses.
🛡️ Financial Safety
Cash (Liquidity Buffer)
Total cash and cash equivalents on hand. It is needed to evaluate immediate liquidity and financial flexibility.
Total Debt (Leverage Risk)
Total debt including both short-term and long-term components. It is needed to assess the company’s leverage and financial risk.
Net Working Capital (Short-Term Health)
Current assets minus current liabilities, indicating short-term liquidity strength. It is needed to assess whether the company can meet its short-term obligations.
🧱 Balance Sheet Strength
Stockholder Equity (Net Worth)
Total equity value held by shareholders. It is needed to understand the net worth of the company from the owners’ perspective.
Total Assets (Asset Base)
The full value of everything the company owns, including cash, inventory, equipment, and investments. It is needed to understand the resource base used to generate revenue.
Income Before Tax (Pre-Tax Earnings)
Income before provision for income taxes. It is needed to analyze profitability independent of tax structures.
⚙️ Cost & Drag Factors
Cost of Revenue (Production Cost)
Direct costs required to produce and deliver the products or services sold. It is needed to assess efficiency in production and service delivery.
Total Operating Expenses (Operating Cost)
Indirect costs of running the business such as salaries, marketing, and administration. It is needed to understand how much it costs to sustain ongoing business operations.
Income Tax Expense (Tax Drag)
Amount of taxes paid or payable to the government. It is needed to evaluate the impact of taxation on overall profitability.
Note: This website is maintained by Upturn Corporation, which is an investment adviser registered with the U.S. Securities and Exchange Commission. Such registration does not imply a certain level of skill or training. Investing in securities has risks. Past performance is no guarantee of future returns. No assurance is provided as to any particular investment return, and you may lose money using our services. You are strongly advised to consult appropriate counsel before making any investments in companies you learn about through our services. You should obtain appropriate legal, tax, investment, accounting, and other advice that takes into account your investment portfolio and overall financial situation. You are solely responsible for conducting due diligence on a potential investment. We do not affect trades for you. You will select your own broker through which to transact. Investments are not FDIC insured, they are not guaranteed, and they may lose value. Please see the Privacy Policy, Terms of Use, and Disclosure for more information.
All company names, trademarks, logos, and brands are the property of their respective owners and are used for identification and informational purposes only. Use of these names, trademarks, and logos does not imply endorsement by their respective owners.