Ocean Biomedical, Inc.

Ocean Biomedical, Inc. Stock Forecast & Price Prediction

Live Ocean Biomedical, Inc. Stock (OCEA) Price
$0.91

0

Ratings

  • Buy 0
  • 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

$0.91

P/E Ratio

-19.20

Volume Traded Today

$21,200

Dividend

Dividends not available for OCEA

52 Week High/low

7.79/0.52

Ocean Biomedical, Inc. Market Cap

$31.6M

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OCEA Summary

From what 0 stock analysts predict, the share price for Ocean Biomedical, Inc. (OCEA) might increase by 1932.97% in the next year. This is based on a 12-month average estimation for OCEA. Price targets go from $18.5 to $18.5. The majority of stock analysts believe OCEA is a sell. Please note analyst price targets are not guaranteed and could be missed completely.

OCEA Analyst Ratings

Ocean Biomedical, Inc. has a total of 0 Wall St Analyst ratings. There are 0 buy ratings, 0 ratings, and 0 sell ratings. Since most analysts have a sell consensus rating, the expectation is that Ocean Biomedical, Inc. will perform worse than the market. Investors shouldn't rely purely on analyst ratings; we encourage investors to also take a look at the fundamental and technical analysis in their due diligence.

OCEA stock forecast by analyst

These are the latest 20 analyst ratings of OCEA.

Analyst/Firm

Rating

Price Target

Change

Date

Howard Halpern
Taglich Brothers

Speculative Buy

$20

Initiates

May 31, 2023
Tony Butler
EF Hutton

Buy

$17

Assumes

May 25, 2023
Michael King
EF Hutton

Buy

$17

Maintains

Apr 27, 2023
Michael King
EF Hutton

Buy

$10

Reiterates

Apr 13, 2023
Sid Rajeev
Fundamental Research Corp.

Buy

$16.4

Initiates

Mar 16, 2023
Michael King
EF Hutton

Buy

$10

Initiates

Mar 13, 2023

OCEA Company Information

What They Do: Develops biopharmaceutical products for various diseases.

Business Model: Ocean Biomedical, Inc. operates as a biopharmaceutical company that discovers and develops therapeutic products primarily in the fields of oncology, fibrosis, and infectious diseases. The company generates revenue through the development and commercialization of innovative therapeutic candidates, including antibody and small molecule products targeting specific diseases.

Other Information: The company is currently working on several promising product candidates, including an antibody therapeutic for non-small cell lung cancer and glioblastoma multiforme, as well as a malaria vaccine and treatments. Based in Providence, Rhode Island, Ocean Biomedical, Inc. is a subsidiary of Poseidon Bio, LLC, which may provide additional resources and strategic advantages.
OCEA
Ocean Biomedical, Inc. (OCEA)

When did it IPO

2021

Staff Count

0

Country

United States

Sector/Industry

Healthcare/Biotechnology

CEO

Ms. Elizabeth Ng M.B.A.

Market Cap

$31.6M

Ocean Biomedical, Inc. (OCEA) Financial Data

In 2023, OCEA generated $0 in revenue, which was a increase of 0.00% from the previous year. This can be seen as a signal that OCEA's business is growing, and its share price could be worth more 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

$0

Revenue From 2021

$0

0.00 %
From Previous Year

Revenue From 2022

$0

0.00 %
From Previous Year

Revenue From 2023

N/A

0.00 %
From Previous Year
  • Revenue TTM $0
  • Operating Margin TTM 0.0%
  • Gross profit TTM $0
  • Return on assets TTM -682.0%
  • Return on equity TTM -0.9%
  • Profit Margin 0.0%
  • Book Value Per Share -2.21%
  • Market capitalisation $31.6M
  • Revenue for 2021 $0
  • Revenue for 2022 $0
  • Revenue for 2023 N/A
  • EPS this year (TTM) $-3.00

Ocean Biomedical, Inc. (OCEA) Latest News

News Image

Tue, 27 Aug 2024

Sentiment - NEUTRAL

Source - GlobeNewsWire

Summary - Ocean Biomedical (NASDAQ: OCEA) announced a key U.S. patent for a malaria therapeutic antibody targeting PfGARP, potentially leading to new vaccines and treatments for malaria.

Why It Matters - Ocean Biomedical's patent for a malaria therapeutic could lead to significant advancements in treatment and prevention, potentially boosting revenue and market position, attracting investor interest.

News Image

Fri, 23 Aug 2024

Sentiment - NEUTRAL

Source - GlobeNewsWire

Summary - Ocean Biomedical, Inc. (NASDAQ: OCEA) is not in compliance with Nasdaq Listing Rule 5250(c)(1) due to the failure to file its Quarterly Report on Form 10-Q for Q2 2024.

Why It Matters - Ocean Biomedical's non-compliance with Nasdaq's reporting requirement raises concerns about financial transparency and could lead to stock delisting, impacting investor confidence and stock value.

News Image

Thu, 22 Aug 2024

Sentiment - POSITIVE

Source - 24/7 Wall Street

Summary - Biotech stocks are highlighted as favorable investment opportunities due to their potential for growth and innovation in the healthcare sector.

Why It Matters - Biotech stocks often offer high growth potential and innovation opportunities, attracting investors seeking substantial returns in emerging health technologies.

News Image

Wed, 05 Jun 2024

Sentiment - NEUTRAL

Source - GlobeNewsWire

Summary - Ocean Biomedical, Inc. (NASDAQ: OCEA) announced its partner Virion Therapeutics presented human immunogenicity data for VRON-0200, a novel HBV immunotherapy, at the EASL 2024 Congress in Milan.

Why It Matters - Ocean Biomedical's partnership with Virion Therapeutics showcases potential advancements in immunotherapy for HBV, signaling innovation and market opportunities that could impact stock performance.

News Image

Thu, 16 May 2024

Sentiment - NEUTRAL

Source - GlobeNewsWire

Summary - Ocean Biomedical (NASDAQ: OCEA) announced a new patent granted to co-founder Dr. Jonathan Kurtis for a malaria therapeutic antibody, aimed at prevention and treatment amid rising drug resistance.

Why It Matters - Ocean Biomedical's new patent for a malaria therapeutic could position the company as a leader in addressing drug resistance, potentially increasing its market value and attracting investor interest.

News Image

Wed, 24 Apr 2024

Sentiment - NEUTRAL

Source - GlobeNewsWire

Summary - Ocean Biomedical, Inc. (NASDAQ: OCEA) has been notified by Nasdaq of non-compliance with Listing Rule 5250(c)(1) due to the failure to file its Annual Report on Form 10-K for 2023.

Why It Matters - Ocean Biomedical's non-compliance with Nasdaq reporting requirements raises concerns about its financial transparency and stability, potentially impacting investor confidence and stock performance.

...

OCEA Frequently asked questions

The highest forecasted price for OCEA is $18.5 from at .

The lowest forecasted price for OCEA is $18.5 from from

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