HC Wainwright Has Bullish Forecast for Precigen Q3 Earnings

Precigen, Inc. (NASDAQ:PGENFree Report) – Analysts at HC Wainwright lifted their Q3 2026 earnings per share estimates for Precigen in a research report issued to clients and investors on Thursday, March 26th. HC Wainwright analyst S. Ramakanth now expects that the biotechnology company will earn $0.00 per share for the quarter, up from their prior estimate of ($0.01). HC Wainwright currently has a “Buy” rating and a $10.00 target price on the stock. The consensus estimate for Precigen’s current full-year earnings is ($0.32) per share. HC Wainwright also issued estimates for Precigen’s FY2027 earnings at $0.22 EPS, FY2028 earnings at $0.44 EPS, FY2029 earnings at $0.69 EPS and FY2030 earnings at $1.02 EPS.

A number of other research analysts also recently issued reports on the company. Citizens Jmp lifted their price target on Precigen from $8.00 to $9.00 and gave the company a “market outperform” rating in a report on Thursday. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Precigen in a report on Thursday, January 22nd. Finally, Zacks Research raised Precigen from a “strong sell” rating to a “hold” rating in a report on Tuesday, March 10th. Four analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, Precigen currently has a consensus rating of “Hold” and an average target price of $9.50.

View Our Latest Report on Precigen

Precigen Trading Up 25.3%

NASDAQ:PGEN opened at $3.89 on Friday. The firm has a market cap of $1.37 billion, a P/E ratio of -2.90 and a beta of 1.10. The firm has a 50-day simple moving average of $4.10 and a 200-day simple moving average of $3.98. The company has a debt-to-equity ratio of 2.22, a quick ratio of 3.95 and a current ratio of 4.04. Precigen has a one year low of $1.11 and a one year high of $5.47.

Precigen (NASDAQ:PGENGet Free Report) last posted its quarterly earnings results on Wednesday, March 25th. The biotechnology company reported ($0.01) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.10) by $0.09. The business had revenue of $4.57 million for the quarter, compared to the consensus estimate of $8.29 million. Precigen had a negative return on equity of 2,313.82% and a negative net margin of 2,588.21%.

Institutional Inflows and Outflows

Several hedge funds have recently modified their holdings of PGEN. NBC Securities Inc. acquired a new stake in Precigen in the 4th quarter worth about $38,000. Caitong International Asset Management Co. Ltd acquired a new position in shares of Precigen during the third quarter valued at approximately $39,000. Russell Investments Group Ltd. purchased a new position in shares of Precigen in the third quarter valued at approximately $41,000. Mason Investment Advisory Services Inc. purchased a new position in shares of Precigen in the fourth quarter valued at approximately $42,000. Finally, Abel Hall LLC acquired a new stake in shares of Precigen in the fourth quarter worth approximately $44,000. Institutional investors and hedge funds own 33.51% of the company’s stock.

Key Stories Impacting Precigen

Here are the key news stories impacting Precigen this week:

Precigen Company Profile

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Precigen, Inc (NASDAQ: PGEN) is a biotechnology company focused on the discovery, development and commercialization of genetic medicines. The company leverages proprietary gene and cell therapy platforms to design targeted therapies for oncology, infectious diseases and rare conditions. Precigen’s approach combines synthetic biology, immuno-oncology and microbiome engineering to create precision treatments intended to enhance efficacy while minimizing off-target effects.

The centerpiece of Precigen’s technology is its OmniCAR platform, which enables the rapid generation of adaptable chimeric antigen receptor (CAR) T-cell products.

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Earnings History and Estimates for Precigen (NASDAQ:PGEN)

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