Longeveron Inc.

Longeveron Inc. Stock Forecast & Price Prediction

Live Longeveron Inc. Stock (LGVN) Price
$1.96

3

Ratings

  • Buy 3
  • Hold 0
  • Sell 0
Disclaimer : Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance. This information is for educational purposes only and should not be construed as advice to buy or sell any security.

Stock Price

$1.96

P/E Ratio

-0.19

Volume Traded Today

$204,500

Dividend

Dividends not available for LGVN

52 Week High/low

22.20/0.77

Longeveron Inc. Market Cap

$30.7M

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LGVN Summary

The Longeveron Inc. (LGVN) share price is expected to increase by 352.81% over the next year. This is based on calculating the average 12-month share price estimate provided by 3 stock analysts who have covered LGVN. Price targets range from $6 at the low end to $10 at the high end. The current analyst consensus for LGVN is a buy. Please note analyst price targets are not guaranteed and could be missed completely.

LGVN Analyst Ratings

LGVN is a stock in Healthcare which has been forecasted to be worth $8.875 as an average. On the higher end, the forecast price is $10 USD by Raghuram Selvaraju from HC Wainwright & Co. and on the lower end LGVN is forecasted to be $6 by Raghuram Selvaraju from HC Wainwright & Co..

LGVN stock forecast by analyst

These are the latest 20 analyst ratings of LGVN.

Analyst/Firm

Rating

Price Target

Change

Date

Boobalan Pachaiyappan
Roth MKM

Buy

$10

Initiates

Dec 5, 2024
Raghuram Selvaraju
HC Wainwright & Co.

Buy

$10

Reiterates

Nov 25, 2024
Raghuram Selvaraju
HC Wainwright & Co.

Buy

$10

Reiterates

Nov 4, 2024
Raghuram Selvaraju
HC Wainwright & Co.

Buy

$10

Reiterates

Sep 4, 2024
Michael Okunewitch
Maxim Group

Buy

$6

Maintains

Aug 27, 2024
Raghuram Selvaraju
HC Wainwright & Co.

Buy

$10

Reiterates

Aug 15, 2024
Raghuram Selvaraju
HC Wainwright & Co.

Buy

$10

Reiterates

Jul 31, 2024
Raghuram Selvaraju
HC Wainwright & Co.

Buy

$10

Maintains

Jul 29, 2024
Raghuram Selvaraju
HC Wainwright & Co.

Buy

$12

Reiterates

May 17, 2024
Raghuram Selvaraju
HC Wainwright & Co.

Buy

$12

Maintains

Apr 29, 2024
Raghuram Selvaraju
HC Wainwright & Co.

Buy

$6

Initiates

Dec 4, 2023
Fozia Ahmed
EF Hutton

Buy

$12.5

Assumes

Jun 1, 2023
Constantine Davides
EF Hutton

Buy

$12.5

Reiterates

May 16, 2023
Constantine Davides
EF Hutton

Buy

$12.5

Reiterates

May 9, 2023
Constantine Davides
EF Hutton

Buy

$12.5

Reiterates

Mar 27, 2023
Constantine Davides
EF Hutton

Buy

$12.5

Maintains

Jan 10, 2023
Michael Okunewitch
Maxim Group

Buy

$14

Initiates

Mar 24, 2022

EF Hutton

Buy


Initiates

Jan 5, 2022

LGVN Company Information

What They Do: Develops cellular therapies for aging-related conditions.

Business Model: Longeveron Inc. operates as a clinical stage biotechnology company, focusing on the development of cellular therapies that target aging-related and life-threatening conditions. The company generates revenue primarily through the advancement of its investigational therapies, such as LOMECEL-B, which is currently undergoing multiple phases of clinical trials.

Other Information: Founded in 2014 and based in Miami, Florida, Longeveron is exploring innovative treatments for serious health conditions, including frailty, Alzheimer's disease, and congenital heart defects. Their unique approach involves utilizing mesenchymal stem cells derived from healthy young donors, positioning them at the forefront of regenerative medicine research.
LGVN
Longeveron Inc. (LGVN)

When did it IPO

2021

Staff Count

23

Country

United States

Sector/Industry

Healthcare/Biotechnology

CEO

Mr. Mohamed Wa'el Ahmed Hashad M.B.A.

Market Cap

$30.7M

Longeveron Inc. (LGVN) Financial Data

In 2023, LGVN generated $709,000 in revenue, which was a decrease of -41.98% from the previous year. This can be seen as a signal that LGVN's business is declining, and its share price could be worth less in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.

Revenue From 2020

$5.6M

Revenue From 2021

$1.3M

-76.80 %
From Previous Year

Revenue From 2022

$1.2M

-6.43 %
From Previous Year

Revenue From 2023

$709,000

-41.98 %
From Previous Year
  • Revenue TTM $1.2M
  • Operating Margin TTM -747.9%
  • Gross profit TTM $221,000
  • Return on assets TTM -62.2%
  • Return on equity TTM -142.2%
  • Profit Margin 31.2%
  • Book Value Per Share 2.69%
  • Market capitalisation $30.7M
  • Revenue for 2021 $1.3M
  • Revenue for 2022 $1.2M
  • Revenue for 2023 $709,000
  • EPS this year (TTM) $-5.62

Longeveron Inc. (LGVN) Latest News

News Image

Mon, 02 Dec 2024

Sentiment - NEUTRAL

Source - GlobeNewsWire

Summary - Longeveron Inc. (NASDAQ: LGVN) will present at the Emerging Growth Virtual Conference on December 5, 2024, from 12:00 to 12:30 p.m. ET, focusing on its cellular therapies.

Why It Matters - Longeveronโ€™s participation in the Emerging Growth Virtual Conference highlights its visibility and potential to attract investor interest, signaling growth opportunities in regenerative medicine.

News Image

Tue, 12 Nov 2024

Sentiment - NEUTRAL

Source - Seeking Alpha

Summary - Longeveron, Inc. (NASDAQ: LGVN) will hold its Q3 2024 Earnings Conference Call on November 12, 2024, at 4:30 PM ET, featuring key company executives.

Why It Matters - The earnings call provides insights into Longeveron's financial performance and strategic direction, influencing investor sentiment and stock valuation.

News Image

Mon, 11 Nov 2024

Sentiment - NEUTRAL

Source - GlobeNewsWire

Summary - Longeveron has appointed Devin Blass as CTO and SVP of CMC, effective December 2, to enhance capabilities in preparation for a potential BLA filing.

Why It Matters - Longeveron's appointment of a CTO enhances its leadership and R&D capabilities, signaling progress towards a Biologics License Application (BLA), which can impact stock performance and investor sentiment.

News Image

Mon, 04 Nov 2024

Sentiment - NEUTRAL

Source - GlobeNewsWire

Summary - Longveron will release its Q3 2024 financial results and business update on November 12th, after U.S. market close.

Why It Matters - Longveron's Q3 2024 financial results and business update may impact its stock price, revealing performance trends and future prospects that influence investor sentiment and decisions.

News Image

Sun, 27 Oct 2024

Sentiment - NEUTRAL

Source - GlobeNewsWire

Summary - Longeveron Inc. reported 100% survival in patients treated with Lomecel-B TM post-stage 2 Glenn surgery in the ELPIS I study, outperforming prior trial data. ELPIS II is ongoing.

Why It Matters - Positive long-term survival data for Lomecel-B TM in HLHS patients enhances Longeveron Inc.'s credibility and potential market value, indicating promising growth prospects and reduced heart transplant needs.

News Image

Tue, 29 Oct 2024

Sentiment - NEUTRAL

Source - GlobeNewsWire

Summary - Longeveron Inc. (NASDAQ: LGVN) presented findings on Lomecel-Bโ„ข at the CTAD24 conference, highlighting its potential to improve outcomes in mild Alzheimer's disease through MMP14 inhibition.

Why It Matters - Longeveron Inc.'s Lomecel-Bโ„ข shows promise in treating mild Alzheimer's, potentially boosting its stock value and attracting investor interest in innovative biotech solutions.

...

LGVN Frequently asked questions

The highest forecasted price for LGVN is $10 from Raghuram Selvaraju at HC Wainwright & Co..

The lowest forecasted price for LGVN is $6 from Raghuram Selvaraju from HC Wainwright & Co.

The LGVN analyst ratings consensus are 3 buy ratings, 0 hold ratings, and 0 sell ratings.