NASDAQ:LGVN

Longeveron (LGVN) Stock Price, News & Analysis

$1.68
0.00 (0.00%)
(As of 05/7/2024 ET)
Today's Range
$1.65
$1.73
50-Day Range
$1.67
$5.79
52-Week Range
$1.60
$44.00
Volume
347,788 shs
Average Volume
1.53 million shs
Market Capitalization
$4.22 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$12.00

Longeveron MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
614.3% Upside
$12.00 Price Target
Short Interest
Bearish
9.34% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.60mentions of Longeveron in the last 14 days
Based on 6 Articles This Week
Insider Trading
Acquiring Shares
$350,000 Bought Last Quarter
Proj. Earnings Growth
Growing
From ($6.77) to ($5.07) Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.38 out of 5 stars

LGVN stock logo

About Longeveron Stock (NASDAQ:LGVN)

Longeveron Inc., a clinical stage biotechnology company, develops cellular therapies for aging-related and life-threatening conditions in the United States and Japan. The company's lead investigational product is the LOMECEL-B, an allogeneic mesenchymal stem cell formulation sourced from the bone marrow of young, healthy adult donors. It is conducting Phase 1, Phase 2a, and Phase 2b clinical trials in various indications, such as aging-related frailty, alzheimer's disease, and hypoplastic left heart syndrome. The company was incorporated in 2014 and is headquartered in Miami, Florida.

LGVN Stock Price History

LGVN Stock News Headlines

Claim Your Complimentary Bitcoin Reward
Many have already secured their free Bitcoin reward offered by our esteemed guest. How about you? In an effort to spread the word about our upcoming workshop, he's generously offering $10 in Bitcoin (BTC) to participants. Absolutely no strings attached.
Longeveron Inc. (LGVN)
Longeveron to Present at the Planet MicroCap Showcase
Claim Your Complimentary Bitcoin Reward
Many have already secured their free Bitcoin reward offered by our esteemed guest. How about you? In an effort to spread the word about our upcoming workshop, he's generously offering $10 in Bitcoin (BTC) to participants. Absolutely no strings attached.
What's Going On With Longeveron Stock?
Why Is Longeveron (LGVN) Stock Up 48% Today?
Why Is Longeveron (LGVN) Stock Up 48% Today?
Why Is Longeveron (LGVN) Stock Up 82% Today?
Longeveron Announces 1-for-10 Reverse Stock Split
Longeveron Inc. (LGVN) Q4 2023 Earnings Call Transcript
See More Headlines
Receive LGVN Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Longeveron and its competitors with MarketBeat's FREE daily newsletter.

Company Calendar

Last Earnings
2/27/2024
Today
5/07/2024
Next Earnings (Confirmed)
5/14/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Medical
Industry
Pharmaceutical preparations
Sub-Industry
N/A
Current Symbol
NASDAQ:LGVN
Fax
N/A
Employees
23
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$12.00
High Stock Price Target
$12.00
Low Stock Price Target
$12.00
Potential Upside/Downside
+614.3%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
1 Analysts

Profitability

Net Income
$-21,410,000.00
Net Margins
-3,020.17%
Pretax Margin
-3,020.17%

Debt

Sales & Book Value

Annual Sales
$710,000.00
Book Value
$2.68 per share

Miscellaneous

Free Float
1,901,000
Market Cap
$4.22 million
Optionable
Not Optionable
Beta
0.51
A Guide To High-Short-Interest Stocks Cover

MarketBeat's analysts have just released their top five short plays for May 2024. Learn which stocks have the most short interest and how to trade them. Click the link below to see which companies made the list.

Get This Free Report

Key Executives

  • Dr. Joshua Michael Hare FACC (Age 61)
    M.D., Co-Founder, Chief Science Officer & Chairman
    Comp: $74k
  • Mr. Mohamed Wa'el Ahmed Hashad (Age 62)
    CEO & Director
    Comp: $781.56k
  • Ms. Lisa A. Locklear M.B.A. (Age 62)
    Executive VP & CFO
    Comp: $248.38k
  • Mr. Paul T. Lehr J.D.Mr. Paul T. Lehr J.D. (Age 56)
    International Executive Director, General Counsel & Secretary
    Comp: $554.05k
  • Dr. Dan Gincel Ph.D. (Age 53)
    Senior Vice President of Strategic Collaborations & Scientific Affairs
  • Dr. Nataliya Agafanova M.D. (Age 54)
    Chief Medical Officer
  • Ms. Elly Ryu (Age 42)
    VP & Corporate Controller

LGVN Stock Analysis - Frequently Asked Questions

Should I buy or sell Longeveron stock right now?

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Longeveron in the last twelve months. There are currently 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "buy" LGVN shares.
View LGVN analyst ratings
or view top-rated stocks.

What is Longeveron's stock price target for 2024?

1 Wall Street research analysts have issued 12 month target prices for Longeveron's shares. Their LGVN share price targets range from $12.00 to $12.00. On average, they expect the company's share price to reach $12.00 in the next twelve months. This suggests a possible upside of 614.3% from the stock's current price.
View analysts price targets for LGVN
or view top-rated stocks among Wall Street analysts.

How have LGVN shares performed in 2024?

Longeveron's stock was trading at $13.60 on January 1st, 2024. Since then, LGVN shares have decreased by 87.6% and is now trading at $1.68.
View the best growth stocks for 2024 here
.

Are investors shorting Longeveron?

Longeveron saw a increase in short interest in April. As of April 15th, there was short interest totaling 91,100 shares, an increase of 224.2% from the March 31st total of 28,100 shares. Based on an average trading volume of 2,010,000 shares, the short-interest ratio is currently 0.0 days. Currently, 9.3% of the shares of the company are sold short.
View Longeveron's Short Interest
.

When is Longeveron's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, May 14th 2024.
View our LGVN earnings forecast
.

How can I listen to Longeveron's earnings call?

Longeveron will be holding an earnings conference call on Tuesday, May 14th at 5:00 PM Eastern. Interested parties can register for or listen to the call using this link.

How were Longeveron's earnings last quarter?

Longeveron Inc. (NASDAQ:LGVN) released its earnings results on Tuesday, February, 27th. The company reported ($2.50) earnings per share (EPS) for the quarter, missing the consensus estimate of ($2.10) by $0.40. The business earned $0.06 million during the quarter, compared to analysts' expectations of $0.21 million. Longeveron had a negative trailing twelve-month return on equity of 209.14% and a negative net margin of 3,020.17%.

When did Longeveron's stock split?

Longeveron shares reverse split before market open on Wednesday, March 27th 2024. The 1-10 reverse split was announced on Wednesday, March 27th 2024. The number of shares owned by shareholders was adjusted after the closing bell on Wednesday, March 27th 2024. An investor that had 100 shares of stock prior to the reverse split would have 10 shares after the split.

When did Longeveron IPO?

Longeveron (LGVN) raised $30 million in an initial public offering (IPO) on Friday, February 12th 2021. The company issued 2,700,000 shares at a price of $10.00-$12.00 per share. Kingswood Capital Markets and Alexander Capital L.P. acted as the underwriters for the IPO.

How do I buy shares of Longeveron?

Shares of LGVN stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:LGVN) was last updated on 5/8/2024 by MarketBeat.com Staff

From Our Partners