Organon & Co(OGN)

upturn advisory logo
ADVISORIES YOU CAN VERIFY
QUALITY SIGNAL RECENCY
2-STAR RATING
Consider higher Upturn Star rating
BUY for 114 days
PROFIT SINCE LAST BUY
+47.63% ▲
LAST CLOSE
$13.73
09/28/2026
(24-hour delay)

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)
Upturn Stock price based on last close iconStock price based on last close

Advisory Performance History (Simulated)Advisory Performance History info

Upturn Advisory & Investor View for OGN

09/28/2026: OGN (2-star) has a low Upturn Star Rating. Not recommended to BUY.

Organon & Co is a pharmaceutical company that separated from Merck & Co. to focus on women's health, biosimilars, and established medicine brands. The company leverages a stable, cash-flow-generating portfolio to support its dividend and fund strategic, bolt-on acquisitions. While it holds a leading position in specific areas like reproductive health, it faces significant risks from its high debt burden and competitive pressure from generic and biosimilar rivals. The stock is generally seen as a fit for value and dividend-focused investors seeking steady income over rapid growth. Investors should monitor the company's ability to reduce debt, successfully integrate new acquisitions, and navigate patent-related revenue challenges.

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 styleFitWhy
Growth investorWeak fitThe company relies more on established, mature assets than high-growth novel drug innovation.
Momentum investorWeak fitThe stock has historically lacked the sustained upward price momentum typically sought by this style.
Value investorStrong fitThe company trades at a relatively low valuation multiple reflecting its mature portfolio.
Dividend investorStrong fitThe company maintains a reliable dividend policy supported by stable cash flows.
Low-risk investorMixed fitWhile established, the high debt load and industry regulatory risks introduce volatility.

Risk Profile

Risk factorLevelWhy it matters
Price volatilityMediumPharmaceutical sector stocks are sensitive to news regarding clinical trials and drug pricing.
Valuation riskLowThe stock is currently priced to reflect modest growth expectations rather than high-growth premiums.
Competition risk (Generic and Biosimilar)HighEntry of lower-cost competitors threatens to erode market share of key established products.
Business qualityMediumThe company manages a portfolio of mature products, which provides stability but limited long-term upside.
Dividend incomeMediumSustainability depends on continued cash flow generation in the face of patent cliffs.
Execution riskMediumSuccess relies on the ability to integrate acquisitions and optimize a global supply chain.

Price Behavior

Strong Uptrend
PRICE PATH

Strong Uptrend

The stock has maintained a strong upward price trend across the last three quarters.

Extreme Price Shocks
PRICE STABILITY

Extreme Price Shocks

The stock has experienced exceptionally large and disruptive price movements during the period.

Analysis of Past Performance

Type Stock
Historic Profit 40.5%
Avg. Invested days 57
Today’s Advisory Consider higher Upturn Star rating
Upturn Advisory Rating upturn star rating icon
Upturn Advisory Performance Upturn Advisory Performance icon 2.0
Stock Returns Performance Upturn Returns Performance icon 3.0
Upturn Profits based on simulation icon Profits based on simulation
Upturn last close icon Last Close 09/28/2026

Upturn Scorecard

Upturn Star Rating

★★★★★
OGN receives a 3-star rating, supported by solid unit economics. The rating is constrained by weak price momentum, and limited analyst upside.

Company Fundamentals

★★★★★
OGN has moderate overall fundamentals (3 stars), with solid financial health, soft growth momentum, and solid ownership. In FY2025 versus FY2024, solid cash generation (FCF margin 8.7%) is partially offset by negative earnings growth (-78.4%), slightly negative revenue growth (-2.9%), soft profitability (net margin 3.0%).

Financial Health Rating

★★★★★
OGN's financial health is supported by solid cash strength, including free-cash-flow generation (8.7% of revenue). Profitability is moderate (3 stars), which helps explain the 4-star overall score.

Growth Momentum Score

★★★★★
OGN's growth profile is soft, with the least-weak measure being revenue growth at -2.9% FY2025 versus FY2024. By comparison, while earnings growth (-78.4%, negative) and free-cash-flow growth (-8.5%, negative) hold the profile back, so recent growth is not broad-based across the business.

Ownership

★★★★★
Institutional ownership is 84.8% and approximately 92.5% of outstanding shares are publicly tradable, supporting liquidity and institutional participation. Insider ownership is only 0.46%, which materially reduces the ownership score.

Top 5 Institutional Investors

BlackRock Inc 12.08%
Vanguard Portfolio Management, LLC 8.32%
Pentwater Capital Management LP 6.89%
Vanguard Capital Management, LLC 4.47%
State Street Corp 3.79%

Unit Economics (Per $1K Revenue)

★★★★★
OGN generates approximately $541 of gross profit, $207 of operating income, and $87 of free cash flow for every $1,000 of revenue. Based on FY2025 results. Solid margins and solid cash conversion support the rating, although capital efficiency remains soft.

Economic Dimensions

★★★★★
Effective Tax Rate: 56.00%

Quantitative Style Profile

★★★★★
OGN has a high-quality, liquid profile. Weak momentum is the primary drawback, while elevated volatility.

Style Classification

Quality Focused

Value-OrientedQuality TiltHigh VolatilitySmall / Mid Cap RiskShort Squeeze RiskHighly Liquid / Institution-Friendly

Key Highlights

Company Size Mid-Cap Stock
Market Capitalization 3.61B USD
Price to earnings Ratio 17.6
1Y Target Price 11.25
Price to earnings Ratio 17.6
1Y Target Price 11.25
Volume (30-day avg) 2.9M shares
Beta 1.52
52 Weeks Range 5.67 - 13.79
Updated Date 09/27/2026
52 Weeks Range 5.67 - 13.79
Updated Date 09/27/2026
Dividends yield (FY) 0.58%
Basic EPS (TTM) 0.78

How Company Makes Money

Business areaWhat it includesRetail investor read
Women's HealthContraceptives like Nexplanon and fertility drugs like Follistim.This is the primary growth driver focusing on long-term health solutions for women.
Established BrandsCardiovascular, respiratory, and pain management medications.This segment provides steady, predictable cash flow to fund dividends and new investments.
BiosimilarsLower-cost versions of complex biologic drugs.These products compete on price in large, established therapeutic markets.

Analyzing Revenue: Products, Geography and Growth

Revenue by Geography

Geography revenue - Year on Year

Advertisement

Valuation

Trailing PE 17.6
Forward PE 5.09
Enterprise Value 11.03B
Price to Sales(TTM) 0.59
Enterprise Value 11.03B
Price to Sales(TTM) 0.59
Enterprise Value to Revenue 1.8
Enterprise Value to EBITDA 8.4
Shares Outstanding 262.61M
Shares Floating 242.99M
Shares Outstanding 262.61M
Shares Floating 242.99M
Percent Insiders 0.46
Percent Institutions 84.81

Icon representing Upturn AI-generated SWOT analysis summary Upturn AI Summary

Information icon for Upturn AI Summarization accuracy disclaimer AI Summarization is directionally correct and might not be accurate.

Information icon for Upturn AI Summarization data freshness disclaimer Summarized information shown could be a few years old and not current.

Information icon warning about Upturn AI Fundamental Rating based on potentially old data Fundamental Rating based on AI could be based on old data.

Information icon warning about potential inaccuracies or hallucinations in Upturn AI-generated summaries AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.

Financial Metrics

🧭 Investment Snapshot

Total Revenue (Scale)

Information icon 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)

Information icon 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)

Information icon 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)

Information icon 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)

Information icon 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)

Information icon 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)

Information icon Total cash and cash equivalents on hand. It is needed to evaluate immediate liquidity and financial flexibility.

Total Debt (Leverage Risk)

Information icon 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)

Information icon 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)

Information icon 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)

Information icon 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)

Information icon Income before provision for income taxes. It is needed to analyze profitability independent of tax structures.

⚙️ Cost & Drag Factors

Cost of Revenue (Production Cost)

Information icon 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)

Information icon 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)

Information icon Amount of taxes paid or payable to the government. It is needed to evaluate the impact of taxation on overall profitability.

About Organon & Co

Exchange NYSE
Headquarters Jersey City, NJ, United States
IPO Launch date 2021-06-02
CEO -
Sector Healthcare
Industry Drug Manufacturers - General
Full time employees 10000
Full time employees 10000

Organon & Co. develops and delivers women health solutions through prescription therapies and medical devices in the United States, Europe, Canada, Japan, rest of the Asia Pacific, China, Latin America, the Middle East, Russia, Africa, and internationally. The company's women's health portfolio comprises contraception and fertility brands, such as Nexplanon, a long-acting reversible contraceptive; NuvaRing, a monthly vaginal contraceptive ring; Cerazette, Marvelon, and Mercilon to prevent pregnancy; Follistim AQ, which is used to promote development of ovarian follicles; Elonva, a follicle stimulant; Ganirelix acetate injection, an injectable antagonist; Jada for abnormal postpartum uterine bleeding and hemorrhage; and Xaciato for bacterial vaginosis. Its biosimilars portfolio consists of immunology products, such as Brenzys, Renflexis, and Hadlima; oncology products, including Ontruzant and Aybintio; Bildyos and Bilprevda, a recombinant anti-RANKL human monoclonal antibodies; and Poherdy, a neu receptor antagonist. The company also offers cholesterol-modifying medicines under the Zetia, Ezetrol, Vytorin, Inegy, Atozet, Rosuzet, and Zocor brands; Cozaar and Hyzaar for hypertension; respiratory products to control and prevent asthma symptoms under the Singulair, Dulera, Zenhale, and Asmanex brands, as well as seasonal allergic rhinitis under the Nasonex, Clarinex, and Aerius brands. In addition, it provides dermatology products under the Vtama, Diprosone, and Elocon brand; bone health products under the Fosamax brand; and non-opioid pain management products under the Arcoxia, Diprospan, and Celestone brands, as well as Proscar for symptomatic benign prostatic hyperplasia; and Propecia for male pattern hair loss. The company serves drug wholesalers and retailers, hospitals, clinics, government agencies, health maintenance organizations, pharmacy benefit managers, and other institutions. Organon & Co. was founded in 1923 and is headquartered in Jersey City, New Jersey.