LGVN

Longeveron
LGVN

$2.06
0.49%

Market Cap: $29.6M

 

About: Longeveron Inc is a clinical-stage biotechnology company developing regenerative medicines to address unmet medical needs for specific aging-related and life-threatening conditions. Its investigational product is Lomecel-B an stem cell formulation sourced from the bone marrow of young, healthy adult donors and has potential mechanisms of action that can promote tissue repair and healing. The company currently has three pipeline indications: Hypoplastic Left Heart Syndrome (HLHS), Alzheimer's disease (AD) and Aging-related Frailty.

Employees: 24

0
Funds holding %
of 6,710 funds
0
Analysts bullish %
of 5 analysts

Fund manager confidence

Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)

300% more first-time investments, than exits

New positions opened: 12 | Existing positions closed: 3

230% more capital invested

Capital invested by funds: $162K [Q1] → $534K (+$372K) [Q2]

75% more funds holding

Funds holding: 12 [Q1] → 21 (+9) [Q2]

67% more repeat investments, than reductions

Existing positions increased: 5 | Existing positions reduced: 3

1.97% more ownership

Funds ownership: 4.83% [Q1] → 6.8% (+1.97%) [Q2]

Research analyst outlook

5 Wall Street Analysts provided 1 year price targets over the past 3 months

Low target
$6
191%
upside
Avg. target
$9.20
347%
upside
High target
$10
385%
upside

5 analyst ratings

positive
100%
neutral
0%
negative
0%
HC Wainwright & Co.
Raghuram Selvaraju
44% 1-year accuracy
121 / 273 met price target
385%upside
$10
Buy
Reiterated
4 Sept 2024
Maxim Group
Michael Okunewitch
75% 1-year accuracy
3 / 4 met price target
191%upside
$6
Buy
Maintained
27 Aug 2024
HC Wainwright & Co.
Raghuram Selvaraju
44% 1-year accuracy
121 / 273 met price target
385%upside
$10
Buy
Reiterated
15 Aug 2024
HC Wainwright & Co.
Raghuram Selvaraju
44% 1-year accuracy
121 / 273 met price target
385%upside
$10
Buy
Reiterated
31 Jul 2024
HC Wainwright & Co.
Raghuram Selvaraju
44% 1-year accuracy
121 / 273 met price target
385%upside
$10
Buy
Maintained
29 Jul 2024

Financial journalist opinion