Precigen (PGEN)


Market Price (9/13/2026): $6.81 | Market Cap: $2.4 BilSector: Health Care | Industry: Biotechnology

Precigen (PGEN)


Market Price (9/13/2026): $6.81
Market Cap: $2.4 Bil
Sector: Health Care
Industry: Biotechnology

Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.

0

Strong revenue growth
Rev Chg LTMRevenue Change % Last Twelve Months (LTM) is 1875%

Valuation becoming less expensive
P/S 6M Chg %Price/Sales change over 6 months. Declining P/S indicates valuation has become less expensive. is -34%

Megatrend and thematic drivers
Megatrends include Biotechnology & Genomics, Precision Medicine, and Aging Population & Chronic Disease. Themes include Gene Editing & Therapy, Show more.

Meaningful short interest
Short Interest % of Basic SharesShort Interest % of Basic Shares = (Short Interest Quantity) / (Basic Shares Outstanding). A high fraction of short interest can indicate potential risk of a short squeeze. is 12%

Not profitable at operating income level
Op Inc LTMOperating Income, Last Twelve Months is -39 Mil, Op Mgn LTMOperating Margin = Operating Income / Revenue Reflects profitability before taxes and before impact of capital structure (interest payments). is -46%

Significant share based compensation
SBC/Rev LTMShare Based Compensation / Revenue (Sales), Last Twelve Months (LTM) is 15%

Not cash flow generative
CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is -133%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is -134%

Yield minus risk free rate is negative
ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -11%

Key risks
PGEN key risks include [1] a history of substantial net losses and a high cash burn rate necessitating additional financing, Show more.

0 Strong revenue growth
Rev Chg LTMRevenue Change % Last Twelve Months (LTM) is 1875%
1 Valuation becoming less expensive
P/S 6M Chg %Price/Sales change over 6 months. Declining P/S indicates valuation has become less expensive. is -34%
2 Megatrend and thematic drivers
Megatrends include Biotechnology & Genomics, Precision Medicine, and Aging Population & Chronic Disease. Themes include Gene Editing & Therapy, Show more.
3 Meaningful short interest
Short Interest % of Basic SharesShort Interest % of Basic Shares = (Short Interest Quantity) / (Basic Shares Outstanding). A high fraction of short interest can indicate potential risk of a short squeeze. is 12%
4 Not profitable at operating income level
Op Inc LTMOperating Income, Last Twelve Months is -39 Mil, Op Mgn LTMOperating Margin = Operating Income / Revenue Reflects profitability before taxes and before impact of capital structure (interest payments). is -46%
5 Significant share based compensation
SBC/Rev LTMShare Based Compensation / Revenue (Sales), Last Twelve Months (LTM) is 15%
6 Not cash flow generative
CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is -133%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is -134%
7 Yield minus risk free rate is negative
ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -11%
8 Key risks
PGEN key risks include [1] a history of substantial net losses and a high cash burn rate necessitating additional financing, Show more.

PGEN in ETFs

Weight = PGEN's share of each fund

VTI0.00%
ITOT0.00%
IWM0.04%
XBI0.47%
IWO0.09%
IBB0.08%
VTWO0.04%
SCHA0.03%
+4 more covered ETFs

Valuation & Metrics

Price Chart

Why The Stock Moved

Qualitative Assessment

AI Analysis | Feedback

Updated on 9/8/2026

Precigen (PGEN) stock has gained about 60% since 5/31/2026 because of the following key factors:

1. Strong Fiscal Q2 2026 Financial Performance: Precigen reported net income of $20.1 million, or $0.05 per diluted share, for fiscal Q2 2026 (ended June 30, 2026), marking a significant shift to profitability compared to a net loss of $26.6 million in the prior-year period. This substantially exceeded analyst consensus estimates of a -$0.01 earnings per share.

2. Accelerating PAPZIMEOS Revenue Growth: The company's total revenue surged to $54.98 million in fiscal Q2 2026, representing a 6322.7% year-over-year increase and significantly surpassing analyst expectations of $27.98 million. This growth was primarily driven by PAPZIMEOS, Precigen's FDA-approved therapy for recurrent respiratory papillomatosis (RRP), which generated net revenue of $53.1 million in fiscal Q2 2026, more than double the prior quarter.

Show more
Updated on 9/8/2026

Precigen (PGEN) stock has gained about 60% since 5/31/2026 because of the following key factors:

1. Strong Fiscal Q2 2026 Financial Performance: Precigen reported net income of $20.1 million, or $0.05 per diluted share, for fiscal Q2 2026 (ended June 30, 2026), marking a significant shift to profitability compared to a net loss of $26.6 million in the prior-year period. This substantially exceeded analyst consensus estimates of a -$0.01 earnings per share.

2. Accelerating PAPZIMEOS Revenue Growth: The company's total revenue surged to $54.98 million in fiscal Q2 2026, representing a 6322.7% year-over-year increase and significantly surpassing analyst expectations of $27.98 million. This growth was primarily driven by PAPZIMEOS, Precigen's FDA-approved therapy for recurrent respiratory papillomatosis (RRP), which generated net revenue of $53.1 million in fiscal Q2 2026, more than double the prior quarter.

3. Seven-Year Orphan Drug Exclusivity for PAPZIMEOS: On May 27, 2026, Precigen announced that the U.S. Food and Drug Administration (FDA) granted orphan drug exclusivity for PAPZIMEOS. This designation provides seven years of market exclusivity in the U.S. through August 14, 2032, safeguarding the revenue stream of their key commercial product from prospective competition.

4. Positive Cash Flow Outlook and Analyst Optimism: Precigen reiterated its expectation to achieve cash flow break-even by the end of 2026, supported by its current cash position and anticipated sales of PAPZIMEOS. Analysts have also grown more optimistic, raising 2026 EPS estimates from a projected loss to a positive $0.25 and 2027 estimates to $0.86.

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Stock Movement Drivers

Fundamental Drivers

The 57.8% change in PGEN stock from 5/31/2026 to 9/12/2026 was primarily driven by a 171.3% change in the company's Total Revenues ($ Mil).
(LTM values as of)53120269122026Change
Stock Price ($)4.346.8557.8%
Change Contribution By: 
Total Revenues ($ Mil)3286171.3%
P/S Multiple48.728.5-41.4%
Shares Outstanding (Mil)354357-0.7%
Cumulative Contribution57.8%

LTM = Last Twelve Months as of date shown

Market Drivers

5/31/2026 to 9/12/2026
ReturnCorrelation
PGEN57.8% 
Market (SPY)1.0%29.0%
Sector (XLV)10.6%19.9%

Fundamental Drivers

The 80.7% change in PGEN stock from 2/28/2026 to 9/12/2026 was primarily driven by a 1258.6% change in the company's Total Revenues ($ Mil).
(LTM values as of)22820269122026Change
Stock Price ($)3.796.8580.7%
Change Contribution By: 
Total Revenues ($ Mil)6861258.6%
P/S Multiple184.528.5-84.5%
Shares Outstanding (Mil)307357-13.9%
Cumulative Contribution80.7%

LTM = Last Twelve Months as of date shown

Market Drivers

2/28/2026 to 9/12/2026
ReturnCorrelation
PGEN80.7% 
Market (SPY)11.7%26.5%
Sector (XLV)3.6%22.8%

Fundamental Drivers

The 51.9% change in PGEN stock from 8/31/2025 to 9/12/2026 was primarily driven by a 1875.0% change in the company's Total Revenues ($ Mil).
(LTM values as of)83120259122026Change
Stock Price ($)4.516.8551.9%
Change Contribution By: 
Total Revenues ($ Mil)4861875.0%
P/S Multiple308.028.5-90.7%
Shares Outstanding (Mil)296357-16.9%
Cumulative Contribution51.9%

LTM = Last Twelve Months as of date shown

Market Drivers

8/31/2025 to 9/12/2026
ReturnCorrelation
PGEN51.9% 
Market (SPY)19.5%22.0%
Sector (XLV)21.9%18.3%

Fundamental Drivers

The 291.4% change in PGEN stock from 8/31/2023 to 9/12/2026 was primarily driven by a 287.8% change in the company's Total Revenues ($ Mil).
(LTM values as of)83120239122026Change
Stock Price ($)1.756.85291.4%
Change Contribution By: 
Total Revenues ($ Mil)2286287.8%
P/S Multiple19.628.545.3%
Shares Outstanding (Mil)248357-30.5%
Cumulative Contribution291.4%

LTM = Last Twelve Months as of date shown

Market Drivers

8/31/2023 to 9/12/2026
ReturnCorrelation
PGEN291.4% 
Market (SPY)75.7%28.7%
Sector (XLV)30.0%27.3%

Return vs. Risk

Price Returns Compared

 202120222023202420252026Total [1]
Returns
PGEN Return-64%-59%-12%-16%273%60%-35%
Peers Return-23%-69%-5%-55%-18%90%-84%
S&P 500 Return27%-19%24%23%16%11%102%

Monthly Win Rates [3]
PGEN Win Rate17%33%42%50%67%78% 
Peers Win Rate33%28%43%32%38%56% 
S&P 500 Win Rate75%42%67%75%67%44% 

Max Drawdowns [4]
PGEN Max Drawdown-68%-71%-60%-64%-42%-40% 
Peers Max Drawdown-64%-74%-65%-76%-66%-38% 
S&P 500 Max Drawdown-5%-25%-10%-8%-19%-9% 


[1] Cumulative total returns since the beginning of 2021
[2] Peers: NTLA, EDIT, IOVA, NKTX, FATE.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2026 data is for the year up to 9/11/2026 (YTD)

How Low Can It Go

EventPGENS&P 500
2025 US Tariff Shock
  % Loss-42.4%-18.8%
  % Gain to Breakeven73.5%23.1%
  Time to Breakeven129 days79 days
2024 Yen Carry Trade Unwind
  % Loss-30.5%-7.8%
  % Gain to Breakeven43.9%8.5%
  Time to Breakeven178 days18 days
Summer-Fall 2023 Five Percent Yield Shock
  % Loss-28.8%-9.5%
  % Gain to Breakeven40.4%10.5%
  Time to Breakeven31 days24 days
2023 SVB Regional Banking Crisis
  % Loss-44.7%-6.7%
  % Gain to Breakeven81.0%7.1%
  Time to Breakeven140 days31 days
2022 Inflation Shock & Fed Tightening
  % Loss-71.1%-24.5%
  % Gain to Breakeven246.1%32.4%
  Time to Breakeven1201 days427 days
2020 COVID-19 Crash
  % Loss-68.2%-33.7%
  % Gain to Breakeven214.4%50.9%
  Time to Breakeven94 days140 days

Compare to NTLA, EDIT, IOVA, NKTX, FATE

In The Past

Precigen's stock fell -42.4% during the 2025 US Tariff Shock. Such a loss loss requires a 73.5% gain to breakeven.

Preserve Wealth

Limiting losses and compounding gains is essential to preserving wealth.

Asset Allocation

Actively managed asset allocation strategies protect wealth. Learn more.

EventPGENS&P 500
2025 US Tariff Shock
  % Loss-42.4%-18.8%
  % Gain to Breakeven73.5%23.1%
  Time to Breakeven129 days79 days
2024 Yen Carry Trade Unwind
  % Loss-30.5%-7.8%
  % Gain to Breakeven43.9%8.5%
  Time to Breakeven178 days18 days
Summer-Fall 2023 Five Percent Yield Shock
  % Loss-28.8%-9.5%
  % Gain to Breakeven40.4%10.5%
  Time to Breakeven31 days24 days
2023 SVB Regional Banking Crisis
  % Loss-44.7%-6.7%
  % Gain to Breakeven81.0%7.1%
  Time to Breakeven140 days31 days
2022 Inflation Shock & Fed Tightening
  % Loss-71.1%-24.5%
  % Gain to Breakeven246.1%32.4%
  Time to Breakeven1201 days427 days
2020 COVID-19 Crash
  % Loss-68.2%-33.7%
  % Gain to Breakeven214.4%50.9%
  Time to Breakeven94 days140 days
2013 Taper Tantrum
  % Loss-28.6%-0.2%
  % Gain to Breakeven40.1%0.2%
  Time to Breakeven62 days1 days

Compare to NTLA, EDIT, IOVA, NKTX, FATE

In The Past

Precigen's stock fell -42.4% during the 2025 US Tariff Shock. Such a loss loss requires a 73.5% gain to breakeven.

Preserve Wealth

Limiting losses and compounding gains is essential to preserving wealth.

Asset Allocation

Actively managed asset allocation strategies protect wealth. Learn more.

About Precigen (PGEN)

Precigen, Inc. (PGEN) is a biotechnology company dedicated to the discovery and development of advanced gene and cellular therapies. The company focuses on leveraging sophisticated genetic engineering to create a new generation of therapeutics aimed at modifying diseases and supporting regenerative medicine applications. This involves a range of scientific approaches, from designing precise genetic constructs to developing novel methods for targeted therapeutic delivery.

The company's core offerings include several proprietary technology platforms. Key among these are the UltraVector platform for advanced DNA construction, the UltraCAR-T platform specifically for cancer treatment, and the AdenoVerse technology, a library of engineered adenovectors for gene delivery. Other significant technologies include the Sleeping Beauty non-viral gene transfer system, RheoSwitch for inducible gene expression control, and ActoBiotics, which utilizes genetically modified bacteria to deliver proteins at mucosal sites. Precigen also develops genetically engineered swine for regenerative medicine, alongside reproductive and embryo transfer technologies.

Precigen primarily serves the advanced therapeutics market, with a strong focus on oncology and other disease areas that can benefit from cutting-edge gene and cell therapy interventions. Their innovative platforms are designed to address critical unmet medical needs through highly controlled and targeted therapeutic strategies. The company also collaborates and licenses its technologies and product candidates to a range of partners within the pharmaceutical and biotechnology industries.

AI Analysis | Feedback

  • Like CRISPR Therapeutics, but with a broader set of advanced genetic and cellular engineering platforms for diverse next-generation therapies.
  • Imagine Moderna developing cutting-edge therapies, but Precigen focuses on building and utilizing a diverse suite of genetic and cellular engineering platforms to create a wider range of next-generation treatments.

AI Analysis | Feedback

Precigen (PGEN) Major Products and Platforms

  • Gene and Cellular Therapies: Precigen discovers and develops advanced treatments by engineering genes and cells.
  • Disease-Modifying Therapeutics: These therapies are designed to alter the progression of various diseases.
  • Genetically Engineered Swine: The company provides swine specifically modified for regenerative medicine applications.
  • UltraVector Platform: This technology platform designs and assembles complex gene expression programs using advanced DNA construction.
  • UltraCAR-T Platform: A specialized platform for developing CAR-T cell therapies to treat cancer.
  • AdenoVerse Platform: This platform utilizes a library of engineered adenovectors for gene delivery and immunotherapy.
  • ActoBiotics Platform: A platform employing genetically modified bacteria to deliver therapeutic proteins and peptides at mucosal sites.
  • Sleeping Beauty System: A non-viral transposon/transposase system used for efficient gene delivery and engineering.
  • RheoSwitch System: An inducible gene switch system enabling precise, dose-proportionate control over gene expression.
  • Kill Switches: Engineered genetic mechanisms designed to selectively eliminate cell therapies in vivo for enhanced safety.

AI Analysis | Feedback

Precigen (PGEN) primarily sells its technologies, platforms, and services to other companies in the biotechnology, pharmaceutical, and research sectors through collaboration and license agreements.

Based on the provided description, its major customers and partners include:

  • Alaunos Therapeutics, Inc. (Symbol: TCRT)
  • Ares Trading S.A. (Not publicly traded as a standalone entity)
  • Oragenics, Inc. (Symbol: OGEN)
  • Castle Creek Biosciences, Inc. (Private company)
  • Intrexon Energy Partners, LLC (Private company)
  • Intrexon Energy Partners II, LLC (Private company)

AI Analysis | Feedback

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AI Analysis | Feedback

Helen Sabzevari, PhD – President, Chief Executive Officer, and Director

Dr. Helen Sabzevari was appointed CEO of Precigen in January 2020. She has dedicated her career to eradicating disease, contributing to the development of multiple therapeutics for various cancers, autoimmune disorders, and infectious diseases. Dr. Sabzevari cofounded Compass Therapeutics in 2015, serving as its Chief Scientific Officer until 2017. Prior to Precigen, she held executive leadership positions at Merck KGaA, where she helped bring forth Bavencio, an anti-PD-L1 checkpoint inhibitor, and the National Institutes of Health (NIH), where she led the Molecular Immunology Group at the Laboratory of Tumor Immunology and Biology. She holds a doctorate in cell and molecular immunology and received the National Institutes of Health (NIH) merit award for her work in immuno-oncology.

Harry Thomasian, Jr. – Chief Financial Officer and Principal Accounting Officer

Mr. Harry Thomasian, Jr. is a global finance leader with over 35 years of international business experience. His expertise encompasses equity and debt financings, P&L management, business operations, regulatory compliance, generally accepted accounting principles, SEC filings, and Sarbanes-Oxley compliance. Before joining Precigen, Mr. Thomasian was with EY (formerly Ernst & Young LLP), a global professional services firm, where he served as a Senior Client Services Partner, the Baltimore Office Growth Markets Leader for the life sciences industry, and a Senior Partner in EY's Capital Markets Center in Tokyo. He is a licensed certified public accountant in multiple states and jurisdictions.

Rutul R. Shah – Chief Operating Officer

Mr. Rutul R. Shah was named Chief Operating Officer in September 2021.

Donald P. Lehr – Chief Legal Officer

Mr. Donald P. Lehr possesses extensive experience in corporate, securities, and general business law. Before his tenure at Intrexon (now Precigen), he worked at Hogan Lovells LLP, where his practice involved representing privately and publicly held corporations across diverse sectors, including biotechnology, pharmaceuticals, healthcare, software, technology, and manufacturing. He also served as a judicial clerk for the Honorable Irma S. Raker of the Court of Appeals of Maryland.

Phil Tennant – Chief Commercial Officer

Mr. Phil Tennant's current focus is on the commercial launch of Papzimeos, which received approval in August 2025.

AI Analysis | Feedback

The key risks to Precigen's business, which trades under the symbol PGEN, revolve around its financial stability, the commercial success of its recently approved gene therapy, and the progress of its broader development pipeline.

  1. Financial Stability and Cash Burn: Precigen has consistently incurred significant net losses and has been "quickly burning through cash." While the company secured up to $125 million in non-dilutive financing in September 2025, and management aims for cash flow breakeven by late 2026 or early 2027, the substantial operating expenses associated with commercializing its first product raise concerns about its ability to maintain a sufficient cash runway. The company has a notably high debt-to-equity ratio.
  2. Single Asset Dependency and Commercialization Risk of PAPZIMEOS: Precigen's investment narrative is heavily reliant on the successful commercial launch and market uptake of PAPZIMEOS (formerly PRGN-2012), its first and currently only FDA-approved therapy for adult recurrent respiratory papillomatosis (RRP). Risks include potential payer pushback on pricing and reimbursement, slower-than-expected patient uptake, and competition from existing off-label drugs and investigational assets, such as INO-3107. A failure to meet revenue expectations for PAPZIMEOS could severely impact the company's financial outlook and its ability to achieve cash flow breakeven.
  3. Clinical Trial Setbacks and Pipeline Risk: Although PAPZIMEOS has achieved approval, the long-term value and growth of Precigen are tied to the continued advancement and success of its broader gene and cell therapy pipeline, including its UltraCAR-T and AdenoVerse programs. The company has recently prioritized the development of PAPZIMEOS, leading to the pausing of other UltraCAR-T clinical programs and all preclinical programs, as well as the shutdown of its ActoBio subsidiary. Any delays or negative data from ongoing or future clinical trials for these remaining pipeline assets could significantly impact the company's stock value and future prospects.

AI Analysis | Feedback

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AI Analysis | Feedback

Precigen (PGEN) operates in several significant addressable markets with its gene and cellular therapies.

UltraCAR-T Platform (for cancer treatment)

The global CAR T-cell therapy market, which includes Precigen's UltraCAR-T platform for cancer treatment, was estimated to be between approximately USD 4.20 billion and USD 20.54 billion in 2025. This market is projected to grow significantly, potentially reaching between USD 9.95 billion by 2030 and USD 268.0 billion by 2035.

AdenoVerse Immunotherapy (e.g., PAPZIMEOS for Recurrent Respiratory Papillomatosis - RRP)

For its AdenoVerse Immunotherapy platform, particularly for PAPZIMEOS in Recurrent Respiratory Papillomatosis (RRP), the estimated addressable patient population in the U.S. is approximately 27,000 adults. More broadly, the global oncolytic virus therapy market, of which AdenoVerse immunotherapy is a part, has varying estimates. One report valued the global oncolytic virus therapy market size at USD 411.4 million in 2024, projected to grow to USD 3.22 billion by 2033. Another source estimated the global oncolytic adenovirus market to be valued at USD 140.2 billion in 2025, projected to reach USD 288.9 billion by 2035.

ActoBiotics Platform (genetically modified bacteria for mucosal sites, e.g., Type 1 Diabetes)

Precigen's ActoBiotics platform, which delivers proteins and peptides at mucosal sites, falls within the oral transmucosal drugs and transmucosal drug delivery devices markets. The global oral transmucosal drugs market was valued at approximately USD 36.72 billion in 2024 and is expected to reach around USD 70.37 billion by 2034. Another estimate places the global oral transmucosal drugs market size at USD 45.82 billion in 2025, projected to reach USD 96.8 billion by 2033. The global transmucosal drug delivery devices market was valued at approximately USD 46.63 billion in 2024 and is predicted to grow to around USD 86.64 billion by 2034.

Genetically Engineered Swine (for regenerative medicine/xenotransplantation)

The market for genetically engineered swine for regenerative medicine applications, including xenotransplantation, is also substantial. The global xenotransplantation market was valued at approximately USD 14.68 billion in 2024, growing to USD 15.82 billion in 2025. Other estimates place the global market value at USD 47.9 billion in 2024, projected to reach USD 109.7 billion by 2034, or from USD 3.12 billion in 2025 to around USD 7.26 billion by 2034. The U.S. xenotransplantation market was valued at USD 13.8 billion in 2024 and is forecasted to reach USD 32.7 billion by 2034.

AI Analysis | Feedback

Precigen (PGEN) is expected to experience significant revenue growth over the next two to three years, primarily driven by the following factors:

  1. Commercialization and Market Penetration of PAPZIMEOS for Adult Recurrent Respiratory Papillomatosis (RRP): The commercial launch and rapid adoption of PAPZIMEOS (zopapogene imadenovec) for adult RRP, following its full FDA approval in August 2025, is a primary driver of near-term revenue. Increased patient uptake, broad insurer coverage (including Medicare and Medicaid), and its endorsement as a first-line therapy are expected to contribute to accelerated sales.
  2. Geographic Expansion and New Indications for PAPZIMEOS: Beyond the current adult RRP market in the US, future revenue growth is anticipated from the ongoing geographic expansion of PAPZIMEOS, including submissions to regulatory bodies like the European Medicines Agency (EMA), and the initiation of pediatric clinical trials to address younger patient populations with RRP.
  3. Advancement of the Gene and Cell Therapy Pipeline: Precigen's robust pipeline of differentiated gene and cell therapies across immuno-oncology, autoimmune disorders, and infectious diseases, leveraging proprietary platforms such as UltraCAR-T and AdenoVerse, is expected to provide long-term revenue optionality as these programs progress through clinical development towards potential commercialization.

AI Analysis | Feedback

Share Issuance

  • Precigen experienced a substantial increase in its outstanding shares, growing from approximately 206.74 million at the end of 2021 to 307.17 million by February 2026.
  • In 2024, the net issuance of preferred shares amounted to $79.0 million.
  • The conversion of Series A Convertible Perpetual Preferred Stock into common stock has also contributed to share issuance.

Inbound Investments

  • In September 2025, Precigen secured a non-dilutive credit facility of up to $125 million with investment funds managed by Pharmakon Advisors, LP.
  • The initial tranche of $100 million from this credit facility was funded at closing.
  • An additional $25 million from the credit facility can be drawn at Precigen's discretion through March 31, 2027.

Capital Expenditures

  • Capital expenditures for Precigen were approximately $0.389 million in Q3 2025.
  • Over the last 12 months, Precigen's capital expenditures totaled approximately $3.01 million.
  • These capital investments are focused on long-term sustainable strategies, likely including innovative research and development efforts.

Better Bets vs. Precigen (PGEN)

Peer Outperformance in Biotechnology

PGEN has outperformed 78% of its 360 Biotechnology peers over 5Y. Biotechnology ranks 10th of 10 industries in Health Care by median 5Y return. The sector’s gains have largely come from elsewhere.
Share of Biotechnology constituents that PGEN has outperformed, by holding period. Peers without a full price history over a given window are excluded from that window.
1Y
78%
of 455 industry peers · 80.7% return
3Y
91%
of 401 industry peers · 369.2% return
5Y
78%
of 360 industry peers · 16.3% return
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Median price return by industry across the Health Care sector, ranked by 5Y. Biotechnology is PGEN's own industry. Use this to see which corners of the sector have carried the returns.
Industry Names 1Y med3Y med5Y med Top 3 by 5Y
Health Care Distributors 7 7.1%86.6%123.6% CAH 394% · MCK 338% · COR 174%
Managed Health Care 8 43.7%-1.7%5.5% OSCR 92% · HQY 50% · ELV 22%
Health Care Services 20 18.9%44.9%-1.2% HIMS 210% · RDNT 167% · DGX 68%
Health Care Facilities 24 3.7%8.8%-15.4% NHC 274% · THC 258% · ENSG 119%
Health Care Equipment 50 -1.7%-5.7%-25.4% POCI 10800% · UFPT 324% · GKOS 233%
Health Care Supplies 12 20.8%-12.4%-38.0% LNTH 300% · HAE 51% · MMSI 21%
Pharmaceuticals 62 -7.4%7.5%-41.2% LQDA 2363% · INDV 1136% · ETON 1026%
Life Sciences Tools & Services 109 -1.4%-26.6%-71.9% SNWV 1573% · MEDP 217% · NTRA 174%
Health Care Technology 20 -31.7%-51.5%-79.2% SPOK 79% · HSTM 2% · VEEV -12%
Biotechnology ← 361 1.6%-25.2%-79.6% DNTH 1596% · CELZ 1272% · ELVN 1178%
Median of constituents with a full price history over each window. Top names are unfiltered by size in this render.

Recent Active Movers

Peer Comparisons

Peers to compare with:

Financials

PGENNTLAEDITIOVANKTXFATEMedian
NamePrecigen Intellia.Editas M.Iovance .Nkarta Fate The. 
Mkt Price6.8511.742.708.602.912.314.88
Mkt Cap2.41.60.33.90.20.30.9
Rev LTM8660473250653
Op Inc LTM-39-423-83-296-132-134-133
FCF LTM-115-349-121-296-94-106-118
FCF 3Y Avg-88-384-166-340-101-122-144
CFO LTM-114-347-120-264-93-102-117
CFO 3Y Avg-83-380-162-319-95-119-141

Growth & Margins

PGENNTLAEDITIOVANKTXFATEMedian
NamePrecigen Intellia.Editas M.Iovance .Nkarta Fate The. 
Rev Chg LTM1,875.0%12.6%20.8%34.5%--23.4%20.8%
Rev Chg 3Y Avg597.9%4.7%75.3%4,780.4%--48.1%75.3%
Rev Chg Q6,322.7%-46.2%232.3%65.7%-9.2%65.7%
QoQ Delta Rev Chg LTM171.3%-10.0%21.5%13.8%-2.8%13.8%
Op Inc Chg LTM58.2%17.3%48.1%27.9%-2.9%24.8%26.3%
Op Inc Chg 3Y Avg10.1%1.9%24.7%10.4%0.8%17.7%10.3%
Op Mgn LTM-46.1%-711.7%-177.6%-91.1%--2,058.1%-177.6%
Op Mgn 3Y Avg-1,462.5%-940.1%-302.9%-554.2%--1,914.2%-940.1%
QoQ Delta Op Mgn LTM238.8%-75.1%52.5%34.2%-149.4%52.5%
CFO/Rev LTM-133.2%-582.5%-255.0%-81.3%--1,570.5%-255.0%
CFO/Rev 3Y Avg-1,084.9%-728.8%-339.4%-464.4%--1,358.9%-728.8%
FCF/Rev LTM-134.4%-586.0%-256.5%-91.2%--1,627.8%-256.5%
FCF/Rev 3Y Avg-1,172.5%-738.8%-346.4%-482.4%--1,392.8%-738.8%

Valuation

PGENNTLAEDITIOVANKTXFATEMedian
NamePrecigen Intellia.Editas M.Iovance .Nkarta Fate The. 
Mkt Cap2.41.60.33.90.20.30.9
P/S28.526.36.911.9-42.826.3
P/Op Inc-61.9-3.7-3.9-13.1-1.6-2.1-3.8
P/EBIT-16.5-3.7-4.6-13.1-1.6-2.1-4.2
P/E-15.5-3.9-4.4-13.4-1.8-2.2-4.1
P/CFO-21.4-4.5-2.7-14.7-2.3-2.7-3.6
Total Yield-6.5%-25.5%-23.0%-7.5%-54.1%-45.3%-24.2%
Dividend Yield0.0%0.0%0.0%0.0%0.0%0.0%0.0%
FCF Yield 3Y Avg-13.9%-25.5%-62.1%-29.9%-50.5%-52.9%-40.2%
D/E0.00.00.00.00.30.30.0
Net D/E0.0-0.2-0.6-0.0-0.5-0.3-0.3

Returns

PGENNTLAEDITIOVANKTXFATEMedian
NamePrecigen Intellia.Editas M.Iovance .Nkarta Fate The. 
1M Rtn5.5%-0.8%-3.9%31.9%26.5%-8.3%2.4%
3M Rtn53.9%-3.1%8.0%110.8%1.7%12.1%10.1%
6M Rtn95.2%-8.0%10.7%117.2%28.8%97.4%62.0%
12M Rtn80.7%2.8%0.4%278.9%47.7%139.9%64.2%
3Y Rtn369.2%-66.9%-68.1%58.2%78.5%-3.3%27.4%
1M Excs Rtn1.2%-1.7%-3.7%28.8%22.9%-13.9%-0.3%
3M Excs Rtn47.7%-8.5%7.1%113.6%1.9%13.7%10.4%
6M Excs Rtn94.1%-23.4%-8.5%96.5%12.3%82.7%47.5%
12M Excs Rtn50.7%-13.2%-11.8%244.1%26.8%113.8%38.8%
3Y Excs Rtn243.7%-140.7%-141.9%-27.9%-4.2%-82.6%-55.3%

Comparison Analyses

null

FDA Approved Drugs Data

Expand for More
FDA-Licensed Biologics (CBER · Purple Book)
Post-Approval Fwd Returns
FDA
BLA #
Brand
Name
Generic
Name
License
Type
First
Approval
Latest
Approval
3M
Rtn
6M
Rtn
1Y
Rtn
2Y
Rtn
Total
Rtn
125832  PAPZIMEOSzopapogene imadenovec-drba351(a)8/14/20258/14/2025108.6%156.2%229.7%270.3%270.3%
Collapse to Preview
FDA-Licensed Biologics (CBER · Purple Book)
Post-Approval Fwd Returns
FDA
BLA #
Brand
Name
Generic
Name
License
Type
First
Approval
Latest
Approval
3M
Rtn
6M
Rtn
1Y
Rtn
2Y
Rtn
Total
Rtn
125832  PAPZIMEOSzopapogene imadenovec-drba351(a)8/14/20258/14/2025108.6%156.2%229.7%270.3%270.3%

Financials

Segment Financials

Revenue by Segment
$ Mil20252024202320222021
Single segment1046  
Biopharmaceuticals   151
Exemplar   1213
Total10462714


Net Income by Segment
$ Mil202520242023
Single segment-251-126-96
Total-251-126-96


Price Behavior

Price Behavior
Market Price$6.85 
Market Cap ($ Bil)2.4 
First Trading Date08/08/2013 
Distance from 52W High-7.9% 
   50 Days200 Days
DMA Price$6.21$4.67
DMA Trendupup
Distance from DMA10.3%46.7%
 3M1YR
Volatility61.4%80.9%
Downside Capture-35.4666.27
Upside Capture183.48123.37
Correlation (SPY)18.2%22.4%
PGEN Betas & Captures as of 8/31/2026

 1M2M3M6M1Y3Y
Beta-0.650.851.391.471.331.66
Up Beta-0.402.364.413.993.122.17
Down Beta-9.60-0.930.88-0.370.961.28
Up Capture93%176%168%195%106%667%
Bmk +ve Days10213268138427
Stock +ve Days10193060114349
Down Capture-114%-66%-81%56%75%108%
Bmk -ve Days11213259113324
Stock -ve Days11213260129366

[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
Based On 1-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with PGEN
PGEN68.2%81.1%0.98-
Sector ETF (XLV)22.1%16.2%1.0418.5%
Equity (SPY)18.3%12.8%1.0322.5%
Gold (GLD)19.0%29.2%0.592.1%
Commodities (DBC)48.3%20.6%1.80-11.7%
Real Estate (VNQ)7.6%13.6%0.2915.0%
Bitcoin (BTCUSD)-32.4%43.8%-0.7715.2%

Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 5-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with PGEN
PGEN2.1%88.7%0.41-
Sector ETF (XLV)5.5%15.2%0.1827.2%
Equity (SPY)12.5%17.2%0.5534.2%
Gold (GLD)18.7%18.8%0.813.3%
Commodities (DBC)11.4%19.5%0.46-0.3%
Real Estate (VNQ)0.7%18.9%-0.0731.3%
Bitcoin (BTCUSD)9.4%52.6%0.3620.1%

Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 10-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with PGEN
PGEN-12.0%91.5%0.26-
Sector ETF (XLV)10.4%16.7%0.5028.1%
Equity (SPY)15.2%17.9%0.7232.3%
Gold (GLD)12.3%16.3%0.623.9%
Commodities (DBC)8.7%18.1%0.399.5%
Real Estate (VNQ)4.7%20.7%0.1925.4%
Bitcoin (BTCUSD)63.2%66.2%1.0313.3%

Smart multi-asset allocation framework can stack odds in your favor. Learn How

Short Interest

Short Interest: As Of Date8312026
Short Interest: Shares Quantity42.2 Mil
Short Interest: % Change Since 8152026-0.1%
Average Daily Volume5.3 Mil
Days-to-Cover Short Interest7.9 days
Basic Shares Quantity356.9 Mil
Short % of Basic Shares11.8%

Earnings Returns History

Updated 6/16/2026
Expand for More
 Forward Returns
Earnings Date1D Returns5D Returns21D Returns
5/13/202610.8%2.9%7.2%
3/25/202625.5%26.8%33.2%
11/13/202525.6%1.0%0.3%
5/14/20252.3%3.1%18.8%
3/19/20250.6%-10.1%-22.3%
11/14/2024-7.1%2.3%-23.7%
8/14/2024-4.5%6.2%-6.2%
5/14/20245.1%1.5%24.1%
...
SUMMARY STATS   
# Positive171614
# Negative679
Median Positive10.6%6.9%16.8%
Median Negative-4.4%-8.7%-10.4%
Max Positive25.6%36.9%71.1%
Max Negative-13.5%-21.3%-33.3%
Collapse to Preview
 Forward Returns
Earnings Date1D Returns5D Returns21D Returns
5/13/202610.8%2.9%7.2%
3/25/202625.5%26.8%33.2%
11/13/202525.6%1.0%0.3%
5/14/20252.3%3.1%18.8%
3/19/20250.6%-10.1%-22.3%
11/14/2024-7.1%2.3%-23.7%
8/14/2024-4.5%6.2%-6.2%
5/14/20245.1%1.5%24.1%
3/19/20240.0%-2.8%-8.3%
11/9/2023-13.5%-8.7%-7.9%
8/9/20236.9%31.9%38.8%
5/10/2023-4.0%-3.2%0.0%
3/6/202317.4%-5.2%-10.4%
11/9/202221.1%24.5%6.1%
8/8/202212.7%27.8%12.2%
5/9/202212.2%11.3%33.9%
3/1/2022-4.0%-10.2%-4.9%
11/4/2021-4.4%-21.3%-33.3%
8/9/20217.9%4.5%9.8%
5/10/20214.6%7.5%14.9%
3/1/20214.6%2.2%-17.9%
11/9/202010.6%20.3%71.1%
8/14/202013.3%36.9%18.8%
SUMMARY STATS   
# Positive171614
# Negative679
Median Positive10.6%6.9%16.8%
Median Negative-4.4%-8.7%-10.4%
Max Positive25.6%36.9%71.1%
Max Negative-13.5%-21.3%-33.3%

SEC Filings

Expand for More
Report DateFiling DateFiling
06/30/202608/04/202610-Q
03/31/202605/13/202610-Q
12/31/202503/25/202610-K
09/30/202511/13/202510-Q
06/30/202508/12/202510-Q
03/31/202505/14/202510-Q
12/31/202403/19/202510-K
09/30/202411/14/202410-Q
06/30/202408/14/202410-Q
03/31/202405/14/202410-Q
12/31/202303/19/202410-K
09/30/202311/09/202310-Q
06/30/202308/09/202310-Q
03/31/202305/10/202310-Q
12/31/202203/06/202310-K
09/30/202211/09/202210-Q
Collapse to Preview
Report DateFiling DateFiling
06/30/202608/04/202610-Q
03/31/202605/13/202610-Q
12/31/202503/25/202610-K
09/30/202511/13/202510-Q
06/30/202508/12/202510-Q
03/31/202505/14/202510-Q
12/31/202403/19/202510-K
09/30/202411/14/202410-Q
06/30/202408/14/202410-Q
03/31/202405/14/202410-Q
12/31/202303/19/202410-K
09/30/202311/09/202310-Q
06/30/202308/09/202310-Q
03/31/202305/10/202310-Q
12/31/202203/06/202310-K
09/30/202211/09/202210-Q
06/30/202208/08/202210-Q
03/31/202205/09/202210-Q
12/31/202103/01/202210-K
09/30/202111/08/202110-Q
06/30/202108/09/202110-Q
03/31/202105/10/202110-Q
12/31/202003/01/202110-K
09/30/202011/09/202010-Q
06/30/202008/10/202010-Q
03/31/202005/11/202010-Q
12/31/201903/02/202010-K
09/30/201911/12/201910-Q

Recent Forward Guidance

Updated 7/12/2026

Latest: Q1 2026 Earnings Reported 5/13/2026

Forward GuidanceGuidance Change
MetricSourceLowMidHigh% Chg% DeltaChangePrior
2026 Cash Flow Break-evenReported 0   Affirmed

null

Insider Activity

Updated 8/28/2026
Expand for More
#OwnerTitleHoldingActionFiling DatePriceSharesTransacted
Value
Value of
Held Shares
Form
1Shah, Rutul RChief Operating OfficerDirectSell82520267.5015,342115,0653,516,488Form
2Tennant, PhilChief Commercial OfficerDirectSell82520267.5079,166593,7451,064,940Form
3Agee, Nancy HDirectBuy82520267.233,41124,6622,235,422Form
4Shah, Rutul RChief Operating OfficerDirectSell82520267.5034,658259,9353,487,590Form
5Shah, Rutul RChief Operating OfficerDirectSell80720266.8632,739224,5903,189,982Form
Collapse to Preview
#OwnerTitleHoldingActionFiling DatePriceSharesTransacted
Value
Value of
Held Shares
Form
1Shah, Rutul RChief Operating OfficerDirectSell82520267.5015,342115,0653,516,488Form
2Tennant, PhilChief Commercial OfficerDirectSell82520267.5079,166593,7451,064,940Form
3Agee, Nancy HDirectBuy82520267.233,41124,6622,235,422Form
4Shah, Rutul RChief Operating OfficerDirectSell82520267.5034,658259,9353,487,590Form
5Shah, Rutul RChief Operating OfficerDirectSell80720266.8632,739224,5903,189,982Form
6Shah, Rutul RChief Operating OfficerDirectSell80320266.5033,772219,5183,235,382Form
7Thomasian, Harry JRChief Financial OfficerDirectSell73120266.06100,000606,0001,542,482Form
8Thomasian, Harry JRChief Financial OfficerDirectSell70120265.53171,429948,0021,960,579Form
9Thomasian, Harry JRChief Financial OfficerDirectSell70120265.7828,571165,1403,040,072Form
10Shah, Rutul RChief Operating OfficerDirectSell70120265.8542,924251,1052,911,843Form
11Sabzevari, HelenPresident and CEODirectSell70120265.89346,8362,042,86422,198,656Form
12Thomasian, Harry JRChief Financial OfficerDirectSell60120264.3641,884182,6142,417,773Form
13Tennant, PhilChief Commercial OfficerDirectSell60120264.3630,272131,986607,649Form
14Shah, Rutul RChief Operating OfficerDirectSell60120264.3642,703186,1852,170,194Form
15Lehr, Donald PChief Legal OfficerDirectSell60120264.3629,131127,0113,293,810Form
16Sabzevari, HelenPresident and CEODirectSell60120264.36119,250519,93016,432,282Form
17Kirk, Randal Jby R.J. Kirk DOTSell33120263.301,108,9983,659,693266,220,299Form
18Kirk, Randal Jby JPK 2008Sell33120263.3050,797167,6301,408,094Form
19Kirk, Randal Jby JPK 2009Sell33120263.30370,8471,223,79510,686,093Form
20Kirk, Randal Jby JPK 2012Sell33120263.30152,063501,8084,829,784Form
21Kirk, Randal Jby MGK 2008Sell33120263.3050,797167,6301,404,916Form
22Kirk, Randal Jby MGK 2009Sell33120263.30426,1991,406,45711,084,426Form
23Kirk, Randal Jby MGK 2011Sell33120263.30168,794557,0204,704,295Form
24Kirk, Randal Jby ZSK 2008Sell33120263.3047,101155,4331,712,901Form
25Kirk, Randal Jby ZSK 2009Sell33120263.3038,976128,621997,303Form
26Kirk, Randal Jby Kellie L. Banks LTTSell33120263.3023,78978,5041,399,147Form
27Kirk, Randal Jby Sunset 2020Sell33120263.302,334,4207,703,58640,467,045Form
28Kirk, Randal Jby R.J. Kirk DOTSell122220254.18555,1192,320,397341,128,329Form
29Kirk, Randal Jby JPK 2008Sell122220254.1812,90953,9601,995,917Form
30Kirk, Randal Jby JPK 2009Sell122220254.1894,341394,34515,085,858Form
31Kirk, Randal Jby JPK 2012Sell122220254.1838,729161,8876,753,350Form
32Kirk, Randal Jby MGK 2008Sell122220254.1812,90953,9601,991,891Form
33Kirk, Randal Jby MGK 2009Sell122220254.18159,321665,96215,821,785Form
34Kirk, Randal Jby MGK 2011Sell122220254.1842,702178,4946,664,333Form
35Kirk, Randal Jby ZSK 2008Sell122220254.1811,91749,8132,366,557Form
36Kirk, Randal Jby ZSK 2009Sell122220254.189,93141,5121,426,170Form
37Kirk, Randal Jby Kellie L. Banks LTTSell122220254.185,95824,9041,871,691Form
38Kirk, Randal Jby Kapital JoeSell122220254.18956,2003,996,91619,219,824Form
39Kindler, Jeffrey BDirectSell121620253.63235,467855,899402,031Form
40Kirk, Randal Jby Kapital JoeSell112120253.83937,3083,589,89021,272,755Form
41Kirk, Randal Jby Kapital JoeSell112120254.08942,8323,846,75526,485,532Form
42Kirk, Randal Jby Kapital JoeSell112120254.471,086,1534,855,10433,231,696Form
43Kindler, Jeffrey BDirectSell100120253.38106,837361,1091,169,717Form
44Kindler, Jeffrey BDirectSell100120253.6067,523243,0831,630,465Form
45Kirk, Randal Jby Sunset 2020Sell93020253.411,809,6676,170,96449,776,319Form
46Tennant, PhilChief Commercial OfficerDirectBuy93020253.586,00021,480232,811Form
47Shah, Rutul RChief Operating OfficerDirectBuy93020253.402,0006,8001,380,261Form
48Thomasian, Harry JRChief Financial OfficerDirectBuy92620253.422,93210,0271,602,701Form
49Thomasian, Harry JRChief Financial OfficerDirectBuy92620253.628,28429,9881,685,812Form
50Kirk, Randal Jby Kapital JoeSell91920253.683,596,89213,236,56331,355,576Form
51Kirk, Randal Jby Kapital JoeSell91920253.861,403,3605,416,97046,773,276Form
52Agee, Nancy HDirectBuy90520254.6015,00069,0001,002,069Form
53Agee, Nancy HDirectBuy82920254.6510,64549,491943,048Form
54Agee, Nancy HDirectBuy82920253.2015,36049,152615,027Form

Investor Activity (13F)

Updated Sep 13, 2026
13F holdings as of Mar 31, 2026 (Q1 2026)

Active managers (13F portfolio over $250M, at least 3 holdings) with a position over $5M that is either over 10% of their portfolio or held in a concentrated book of 50 or fewer total positions. Index/ETF, sovereign, bank, community-bank and charitable/donor-advised filers are excluded.

Active ManagerValue% of PortfolioTotal PositionsQoQFiling
Patient Capital Management, LLC$69.0 Mil2.6%38Hold13F
Active Manager
Active Manager
Active ManagerValue% of PortfolioTotal PositionsQoQFiling
Patient Capital Management, LLC$69.0 Mil2.6%38Hold13F
Core Cache Last Updated: 9/12/2026