Precigen (PGEN)


Market Price (10/2/2026): $8.33 | Market Cap: $3.0 BilSector: Health Care | Industry: Biotechnology

Precigen (PGEN)


Market Price (10/2/2026): $8.33
Market Cap: $3.0 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%

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

Trading close to highs
Dist 52W High is 0.0%, Dist 3Y High is 0.0%

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%

Stock price has recently run up significantly
6M Rtn6 month market price return is 118%, 12M Rtn12 month market price return is 160%

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 -9.0%

Significant short interest
Short Interest Days-to-CoverDTC = (Short Interest Share Quantity) / (Average Daily Trading Volume). Reflects how many days it would take to cover (close out) the short interest based on average volumes. High DTC can signify an increased risk of a short squeeze. is 16.27

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 Megatrend and thematic drivers
Megatrends include Biotechnology & Genomics, Precision Medicine, and Aging Population & Chronic Disease. Themes include Gene Editing & Therapy, Show more.
2 Trading close to highs
Dist 52W High is 0.0%, Dist 3Y High is 0.0%
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 Stock price has recently run up significantly
6M Rtn6 month market price return is 118%, 12M Rtn12 month market price return is 160%
6 Significant share based compensation
SBC/Rev LTMShare Based Compensation / Revenue (Sales), Last Twelve Months (LTM) is 15%
7 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%
8 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 -9.0%
9 Significant short interest
Short Interest Days-to-CoverDTC = (Short Interest Share Quantity) / (Average Daily Trading Volume). Reflects how many days it would take to cover (close out) the short interest based on average volumes. High DTC can signify an increased risk of a short squeeze. is 16.27
10 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%
IWM0.05%
XBI0.43%
IWO0.10%
IBB0.09%
VTWO0.04%
SCHA0.03%
+4 more covered ETFs

Valuation & Metrics

Price Chart

Why The Stock Moved

Qualitative Assessment

AI Analysis | Feedback

Updated on 10/1/2026

Precigen (PGEN) stock has gained about 45% since 6/30/2026 because of the following key factors:

1. Exceptional Fiscal Q2 2026 Financial Results. Precigen reported an earnings per share (EPS) of $0.05 for fiscal Q2 2026, issued on August 4, 2026, significantly surpassing the consensus estimate of a loss of $0.01. Quarterly revenue dramatically increased by 6322.7% year-over-year to $54.98 million, well above analysts' expectations of $27.98 million, primarily driven by the commercial success of its lead product, Papzimeos.

2. FDA Platform Technology Designation for AdenoVerse Platform. On September 21, 2026, Precigen received FDA Platform Technology Designation for its AdenoVerse immunotherapeutic platform. This designation is expected to streamline and accelerate the development of new therapies, particularly for HPV-related cancers, and represents a significant endorsement of the company's technology.

Show more
Updated on 10/1/2026

Precigen (PGEN) stock has gained about 45% since 6/30/2026 because of the following key factors:

1. Exceptional Fiscal Q2 2026 Financial Results. Precigen reported an earnings per share (EPS) of $0.05 for fiscal Q2 2026, issued on August 4, 2026, significantly surpassing the consensus estimate of a loss of $0.01. Quarterly revenue dramatically increased by 6322.7% year-over-year to $54.98 million, well above analysts' expectations of $27.98 million, primarily driven by the commercial success of its lead product, Papzimeos.

2. FDA Platform Technology Designation for AdenoVerse Platform. On September 21, 2026, Precigen received FDA Platform Technology Designation for its AdenoVerse immunotherapeutic platform. This designation is expected to streamline and accelerate the development of new therapies, particularly for HPV-related cancers, and represents a significant endorsement of the company's technology.

3. Upgraded Analyst Ratings and Increased Price Targets. Multiple financial analysts issued bullish ratings and substantially raised their price targets for Precigen. For example, B. Riley initiated coverage with a "Buy" rating and a $12 price target on September 25, 2026, while H.C. Wainwright reiterated a "Buy" rating and increased its price target to $18.00. The average analyst price target for Precigen ranged from $13.67 to $15.00, indicating significant potential upside.

4. Forecasted Turn to Profitability and Strong Future Growth Projections. Analysts anticipate Precigen will achieve profitability in fiscal year 2026, with forecasts estimating a net profit of approximately $56.5 million. The company is also projected to exhibit robust future growth, with average annual earnings growth of 54% and revenue growth of 37.1% per annum.

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Stock Movement Drivers

Fundamental Drivers

The 50.2% change in PGEN stock from 6/30/2026 to 9/30/2026 was primarily driven by a 171.3% change in the company's Total Revenues ($ Mil).
(LTM values as of)63020269302026Change
Stock Price ($)5.708.5650.2%
Change Contribution By: 
Total Revenues ($ Mil)3286171.3%
P/S Multiple63.935.6-44.2%
Shares Outstanding (Mil)354357-0.7%
Cumulative Contribution50.2%

LTM = Last Twelve Months as of date shown

Market Drivers

6/30/2026 to 9/30/2026
ReturnCorrelation
PGEN50.2% 
Market (SPY)2.1%19.5%
Sector (XLV)6.2%14.4%

Fundamental Drivers

The 121.2% change in PGEN stock from 3/31/2026 to 9/30/2026 was primarily driven by a 785.1% change in the company's Total Revenues ($ Mil).
(LTM values as of)33120269302026Change
Stock Price ($)3.878.56121.2%
Change Contribution By: 
Total Revenues ($ Mil)1086785.1%
P/S Multiple141.635.6-74.8%
Shares Outstanding (Mil)354357-0.7%
Cumulative Contribution121.2%

LTM = Last Twelve Months as of date shown

Market Drivers

3/31/2026 to 9/30/2026
ReturnCorrelation
PGEN121.2% 
Market (SPY)17.6%23.9%
Sector (XLV)15.4%16.8%

Fundamental Drivers

The 160.2% change in PGEN stock from 9/30/2025 to 9/30/2026 was primarily driven by a 1875.0% change in the company's Total Revenues ($ Mil).
(LTM values as of)93020259302026Change
Stock Price ($)3.298.56160.2%
Change Contribution By: 
Total Revenues ($ Mil)4861875.0%
P/S Multiple224.735.6-84.1%
Shares Outstanding (Mil)296357-16.9%
Cumulative Contribution160.2%

LTM = Last Twelve Months as of date shown

Market Drivers

9/30/2025 to 9/30/2026
ReturnCorrelation
PGEN160.2% 
Market (SPY)15.4%22.7%
Sector (XLV)22.6%18.8%

Fundamental Drivers

The 502.8% change in PGEN stock from 9/30/2023 to 9/30/2026 was primarily driven by a 287.8% change in the company's Total Revenues ($ Mil).
(LTM values as of)93020239302026Change
Stock Price ($)1.428.56502.8%
Change Contribution By: 
Total Revenues ($ Mil)2286287.8%
P/S Multiple15.935.6123.7%
Shares Outstanding (Mil)248357-30.5%
Cumulative Contribution502.8%

LTM = Last Twelve Months as of date shown

Market Drivers

9/30/2023 to 9/30/2026
ReturnCorrelation
PGEN502.8% 
Market (SPY)84.5%29.0%
Sector (XLV)37.0%27.4%

Return vs. Risk

Price Returns Compared

 202120222023202420252026Total [1]
Returns
PGEN Return-64%-59%-12%-16%273%93%-21%
Peers Return-23%-69%-5%-55%-18%135%-81%
S&P 500 Return27%-19%24%23%16%12%104%

Monthly Win Rates [3]
PGEN Win Rate17%33%42%50%67%89% 
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 10/1/2026 (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

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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
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insufficient peer history
3Y
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insufficient peer history
5Y
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insufficient peer history
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Recent Active Movers

Peer Comparisons

Peers to compare with:

Financials

PGENNTLAEDITIOVANKTXFATEMedian
NamePrecigen Intellia.Editas M.Iovance .Nkarta Fate The. 
Mkt Price8.3312.172.5314.222.582.305.46
Mkt Cap3.01.60.36.40.20.31.0
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 Cap3.01.60.36.40.20.31.0
P/S34.727.36.419.7-42.727.3
P/Op Inc-75.3-3.8-3.6-21.6-1.5-2.1-3.7
P/EBIT-20.1-3.8-4.3-21.6-1.5-2.1-4.1
P/E-18.9-4.1-4.1-22.1-1.6-2.2-4.1
P/CFO-26.0-4.7-2.5-24.2-2.1-2.7-3.7
Total Yield-5.2%-24.8%-24.1%-4.3%-60.1%-44.2%-24.5%
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/E0.00.00.10.00.40.30.0
Net D/E0.0-0.2-0.6-0.0-0.6-0.3-0.3

Returns

PGENNTLAEDITIOVANKTXFATEMedian
NamePrecigen Intellia.Editas M.Iovance .Nkarta Fate The. 
1M Rtn20.2%-4.4%-17.3%74.1%-4.8%-3.8%-4.1%
3M Rtn58.7%-29.4%-22.9%258.2%-9.5%-23.8%-16.2%
6M Rtn112.0%-8.3%-3.1%312.2%17.8%85.5%51.6%
12M Rtn153.2%-29.5%-27.1%555.3%24.6%82.5%53.6%
3Y Rtn486.6%-61.5%-67.6%212.5%85.6%8.5%47.1%
1M Excs Rtn20.6%-3.9%-16.9%74.5%-4.4%-3.3%-3.6%
3M Excs Rtn56.5%-31.7%-25.1%256.0%-11.7%-26.0%-18.4%
6M Excs Rtn98.5%-22.4%-14.5%288.6%5.3%75.0%40.2%
12M Excs Rtn115.0%-43.1%-42.8%523.4%10.0%115.6%62.5%
3Y Excs Rtn447.3%-139.3%-139.6%137.8%-16.0%-63.6%-39.8%

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%343.8%343.8%
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%343.8%343.8%

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$8.56 
Market Cap ($ Bil)3.1 
First Trading Date08/08/2013 
Distance from 52W High0.0% 
   50 Days200 Days
DMA Price$6.91$4.92
DMA Trendupup
Distance from DMA23.9%73.8%
 3M1YR
Volatility57.1%79.6%
Downside Capture-96.0635.42
Upside Capture182.57141.43
Correlation (SPY)20.9%22.6%
PGEN Betas & Captures as of 9/30/2026

 1M2M3M6M1Y3Y
Beta1.430.381.051.221.371.69
Up Beta-0.87-0.101.972.613.012.15
Down Beta7.460.380.181.111.291.44
Up Capture220%154%197%167%149%785%
Bmk +ve Days6162766132424
Stock +ve Days12223165119353
Down Capture-152%-153%-50%-42%44%107%
Bmk -ve Days16263760120328
Stock -ve Days9193055124365

[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
PGEN136.6%80.0%1.40-
Sector ETF (XLV)25.6%16.1%1.2216.7%
Equity (SPY)15.9%13.0%0.8722.3%
Gold (GLD)8.1%29.6%0.263.0%
Commodities (DBC)43.1%20.8%1.61-12.0%
Real Estate (VNQ)2.2%13.6%-0.0914.9%
Bitcoin (BTCUSD)-27.1%44.5%-0.5813.2%

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
PGEN10.0%88.8%0.49-
Sector ETF (XLV)6.7%15.2%0.2527.2%
Equity (SPY)13.2%17.2%0.5934.2%
Gold (GLD)18.2%18.9%0.783.5%
Commodities (DBC)10.6%19.6%0.42-0.3%
Real Estate (VNQ)0.5%18.9%-0.0831.3%
Bitcoin (BTCUSD)13.9%52.3%0.4420.3%

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-10.9%91.5%0.27-
Sector ETF (XLV)10.7%16.7%0.5228.0%
Equity (SPY)15.4%17.9%0.7332.2%
Gold (GLD)11.8%16.4%0.584.0%
Commodities (DBC)8.4%18.1%0.389.3%
Real Estate (VNQ)4.5%20.7%0.1825.2%
Bitcoin (BTCUSD)63.6%66.2%1.0313.2%

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

Short Interest

Short Interest: As Of Date9152026
Short Interest: Shares Quantity42.3 Mil
Short Interest: % Change Since 83120260.2%
Average Daily Volume2.6 Mil
Days-to-Cover Short Interest16.3 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 9/28/2026

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 9/24/2026
Expand for More
#OwnerTitleHoldingActionFiling DatePriceSharesTransacted
Value
Value of
Held Shares
Form
1Kindler, Jeffrey BDirectSell82820267.44185,0001,376,400127,224Form
2Shah, Rutul RChief Operating OfficerDirectSell82520267.5015,342115,0653,516,488Form
3Tennant, PhilChief Commercial OfficerDirectSell82520267.5079,166593,7451,064,940Form
4Agee, Nancy HDirectBuy82520267.233,41124,6622,235,422Form
5Shah, Rutul RChief Operating OfficerDirectSell82520267.5034,658259,9353,487,590Form
Collapse to Preview
#OwnerTitleHoldingActionFiling DatePriceSharesTransacted
Value
Value of
Held Shares
Form
1Kindler, Jeffrey BDirectSell82820267.44185,0001,376,400127,224Form
2Shah, Rutul RChief Operating OfficerDirectSell82520267.5015,342115,0653,516,488Form
3Tennant, PhilChief Commercial OfficerDirectSell82520267.5079,166593,7451,064,940Form
4Agee, Nancy HDirectBuy82520267.233,41124,6622,235,422Form
5Shah, Rutul RChief Operating OfficerDirectSell82520267.5034,658259,9353,487,590Form
6Shah, Rutul RChief Operating OfficerDirectSell80720266.8632,739224,5903,189,982Form
7Shah, Rutul RChief Operating OfficerDirectSell80320266.5033,772219,5183,235,382Form
8Thomasian, Harry JRChief Financial OfficerDirectSell73120266.06100,000606,0001,542,482Form
9Thomasian, Harry JRChief Financial OfficerDirectSell70120265.53171,429948,0021,960,579Form
10Thomasian, Harry JRChief Financial OfficerDirectSell70120265.7828,571165,1403,040,072Form
11Shah, Rutul RChief Operating OfficerDirectSell70120265.8542,924251,1052,911,843Form
12Sabzevari, HelenPresident and CEODirectSell70120265.89346,8362,042,86422,198,656Form
13Thomasian, Harry JRChief Financial OfficerDirectSell60120264.3641,884182,6142,417,773Form
14Tennant, PhilChief Commercial OfficerDirectSell60120264.3630,272131,986607,649Form
15Shah, Rutul RChief Operating OfficerDirectSell60120264.3642,703186,1852,170,194Form
16Lehr, Donald PChief Legal OfficerDirectSell60120264.3629,131127,0113,293,810Form
17Sabzevari, HelenPresident and CEODirectSell60120264.36119,250519,93016,432,282Form
18Kirk, Randal Jby R.J. Kirk DOTSell33120263.301,108,9983,659,693266,220,299Form
19Kirk, Randal Jby JPK 2008Sell33120263.3050,797167,6301,408,094Form
20Kirk, Randal Jby JPK 2009Sell33120263.30370,8471,223,79510,686,093Form
21Kirk, Randal Jby JPK 2012Sell33120263.30152,063501,8084,829,784Form
22Kirk, Randal Jby MGK 2008Sell33120263.3050,797167,6301,404,916Form
23Kirk, Randal Jby MGK 2009Sell33120263.30426,1991,406,45711,084,426Form
24Kirk, Randal Jby MGK 2011Sell33120263.30168,794557,0204,704,295Form
25Kirk, Randal Jby ZSK 2008Sell33120263.3047,101155,4331,712,901Form
26Kirk, Randal Jby ZSK 2009Sell33120263.3038,976128,621997,303Form
27Kirk, Randal Jby Kellie L. Banks LTTSell33120263.3023,78978,5041,399,147Form
28Kirk, Randal Jby Sunset 2020Sell33120263.302,334,4207,703,58640,467,045Form
29Kirk, Randal Jby R.J. Kirk DOTSell122220254.18555,1192,320,397341,128,329Form
30Kirk, Randal Jby JPK 2008Sell122220254.1812,90953,9601,995,917Form
31Kirk, Randal Jby JPK 2009Sell122220254.1894,341394,34515,085,858Form
32Kirk, Randal Jby JPK 2012Sell122220254.1838,729161,8876,753,350Form
33Kirk, Randal Jby MGK 2008Sell122220254.1812,90953,9601,991,891Form
34Kirk, Randal Jby MGK 2009Sell122220254.18159,321665,96215,821,785Form
35Kirk, Randal Jby MGK 2011Sell122220254.1842,702178,4946,664,333Form
36Kirk, Randal Jby ZSK 2008Sell122220254.1811,91749,8132,366,557Form
37Kirk, Randal Jby ZSK 2009Sell122220254.189,93141,5121,426,170Form
38Kirk, Randal Jby Kellie L. Banks LTTSell122220254.185,95824,9041,871,691Form
39Kirk, Randal Jby Kapital JoeSell122220254.18956,2003,996,91619,219,824Form
40Kindler, Jeffrey BDirectSell121620253.63235,467855,899402,031Form
41Kirk, Randal Jby Kapital JoeSell112120253.83937,3083,589,89021,272,755Form
42Kirk, Randal Jby Kapital JoeSell112120254.08942,8323,846,75526,485,532Form
43Kirk, Randal Jby Kapital JoeSell112120254.471,086,1534,855,10433,231,696Form
44Kindler, Jeffrey BDirectSell100120253.38106,837361,1091,169,717Form
45Kindler, Jeffrey BDirectSell100120253.6067,523243,0831,630,465Form
46Kirk, Randal Jby Sunset 2020Sell93020253.411,809,6676,170,96449,776,319Form
47Tennant, PhilChief Commercial OfficerDirectBuy93020253.586,00021,480232,811Form
48Shah, Rutul RChief Operating OfficerDirectBuy93020253.402,0006,8001,380,261Form
49Thomasian, Harry JRChief Financial OfficerDirectBuy92620253.422,93210,0271,602,701Form
50Thomasian, Harry JRChief Financial OfficerDirectBuy92620253.628,28429,9881,685,812Form
51Kirk, Randal Jby Kapital JoeSell91920253.683,596,89213,236,56331,355,576Form
52Kirk, Randal Jby Kapital JoeSell91920253.861,403,3605,416,97046,773,276Form
53Agee, Nancy HDirectBuy90520254.6015,00069,0001,002,069Form

Investor Activity (13F)

Updated Oct 2, 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: 9/30/2026