Precigen
Commercializes PAPZIMEOS while developing selected gene and cell therapies.
Something off on this page? Send us feedback.
Profile
Builds revenue around PAPZIMEOS, the FDA-approved treatment for adults with recurrent respiratory papillomatosis, as it moves into commercial operations. Selected programs in immuno-oncology, autoimmune disorders, and infectious diseases remain in development while resources are concentrated on the product launch.
Commercializes PAPZIMEOS (zopapogene imadenovec-drba), an FDA-approved, non-replicating adenoviral-vector immunotherapy for adults with recurrent respiratory papillomatosis. Administered by subcutaneous injection, the medicine marked the move from clinical development to commercial operations.
Develops gene- and cell-therapy programs through proprietary platforms across immuno-oncology, autoimmune disorders, and infectious diseases. Selected programs include PRGN-2009 and PRGN-3006, while enrollment in PRGN-3005 and PRGN-3007 was paused and UltraCAR-T spending was minimized.
Operates from Germantown, Maryland, and combined former business segments into one operating segment around the PAPZIMEOS launch. The business is shaped by commercialization of the approved medicine and the prioritization of resources among remaining development programs.
Company facts
Key statistics
Year to date +62.0% · Average volume (30d) 5.6M
Analysts
Ratings
Target range
Latest analyst notes
| Date | Firm | Action | Prior rating | Rating | Prior target | Target |
|---|---|---|---|---|---|---|
| Aug 5, 2026 | H.C. Wainwright | Reiterate | Buy | $14 | $18 | |
| May 28, 2026 | H.C. Wainwright | Target | $11 | $14 | ||
| May 14, 2026 | H.C. Wainwright | Target | $6 | $11 | ||
| Aug 15, 2025 | JP Morgan | Upgrade | Underweight | Neutral |
Earnings
EPS
Revenue
History
| Report date | EPS est | EPS | Surprise | Revenue est | Revenue | Surprise | Next session |
|---|---|---|---|---|---|---|---|
| Aug 4, 2026Q2 FY26 | −$0.01 | $0.05 | +514.3% | $28.0M | $55.0M | +96.5% | +5.51% |
| May 13, 2026Q1 FY26 | −$0.03 | −$0.02 | +33.3% | $20.8M | $23.3M | +11.8% | +10.84% |
| Mar 25, 2026Q4 FY25 | −$0.10 | −$0.01 | +90.0% | $8.4M | $4.6M | −45.6% | +25.48% |
| Nov 13, 2025Q3 FY25 | −$0.08 | −$0.11 | −37.5% | $8.3M | $2.9M | −64.7% | +25.65% |
Financial highlights
| 12 quarters | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | |
|---|---|---|---|---|---|---|---|
| Revenue | $1.3M | $856.0K | $2.9M | $4.6M | $23.3M | $55.0M | |
| Gross profit | −$78.0K | −$699.0K | $1.6M | $2.7M | $20.4M | $52.2M | |
| Operating income | −$22.6M | −$31.8M | −$34.5M | −$21.7M | −$6.0M | $22.6M | |
| Net income | −$54.2M | −$26.6M | −$146.3M | −$23.5M | −$7.9M | $20.1M | |
| Diluted EPS | −$0.18 | −$0.09 | −$1.10 | −$0.07 | −$0.03 | $0.05 | |
| Gross margin | -5.8% | -81.7% | 53.7% | 58.1% | 87.6% | 94.9% | |
| Operating margin | -1,685.0% | -3,710.7% | -1,180.0% | -474.6% | -25.8% | 41.2% |
Fiscal years (4-quarter sums)FY21 $14.3M · FY22 $26.9M · FY23 $6.2M · FY24 $3.9M · FY25 $9.7M
Revenue by product · Q2 FY26
Revenue by geography · Q2 FY26
Balance sheet, Jun 30, 2026Cash & short-term investments $38.2M · Total debt $98.3M · Total assets $170.3M · Shareholders' equity $43.6M
Dividends
No dividends on record.
Ownership
Shares outstanding 356.51M · Float 159.28M · 44.7% free float
Top shareholders13F · 13D/G · Form 4
| Holder | Shares | % outstanding | Form | Filed |
|---|---|---|---|---|
| William H. Miller III Living Trust dated April 17, 2017 | 34.05M | 9.20% | 13G | Sep 23, 2025 |
| Patient Capital Management, LLC | 19.04M | 5.34% | 13F | Aug 13, 2026 |
| BlackRock, Inc. | 17.15M | 4.81% | 13F | Aug 7, 2026 |
| State Street Corp | 12.00M | 3.37% | 13F | Aug 7, 2026 |
| Diametric Capital, LP | 9.27M | 2.60% | 13F | Aug 14, 2026 |
Insider tradesForm 4
| Date | Insider | Role | Shares | Avg price |
|---|---|---|---|---|
| Aug 26, 2026 | Jeffrey B. Kindler | director | −185,000 | $7.44 |
| Aug 21, 2026 | Nancy H. Agee | director | +3,411 | $7.23 |
| Aug 25, 2026 | Phil Tennant | officer: Chief Commercial Officer | −79,166 | $7.50 |
| Aug 25, 2026 | Rutul R. Shah | officer: Chief Operating Officer | −15,342 | $7.50 |
| Aug 21, 2026 | Rutul R. Shah | officer: Chief Operating Officer | −34,658 | $7.50 |
Peers
- Inovio Pharmaceuticals
Late-stage RRP DNA immunotherapy challenger
- Merck
Established PD-1 immunotherapy in cervical cancer
- Iovance Biotherapeutics
Tumor-infiltrating lymphocyte therapy developer
- Gilead Sciences
Kite’s commercial and investigational CAR-T portfolio
- Allogene Therapeutics
Off-the-shelf CAR-T platform developer
CompareAfter-hours close
| Company | Price | Change | |||||
|---|---|---|---|---|---|---|---|
| Precigen | $6.97 | +0.50% | $2.48B | — | 13.2 | 28.9 | +6,322.7% |
| Inovio Pharmaceuticals | $1.29 | 0.00% | $89.1M | — | — | — | — |
| Merck | $148.19 | −0.08% | $366.18B | 118.7 | 17.2 | 5.5 | +5.1% |
| Iovance Biotherapeutics | $8.03 | +0.06% | $3.58B | — | — | 11.0 | +65.7% |
| Gilead Sciences | $139.30 | −4.36% | $180.87B | — | 16.0 | 5.9 | +10.2% |
| Allogene Therapeutics | $2.01 | −0.09% | $697.2M | — | — | 150.3 | — |
| Median | 118.7 | 16.6 | 8.5 | +10.2% |







