Neurogene Inc.

Description

Neurogene Inc., a biotechnology company, develops genetic medicines for rare neurological diseases. The company's product candidates include NGN-401 which is packaged in an adeno-associated virus 9 that is in Phase 1/2 clinical trial for the treatment of Rett syndrome; and NGN-101, a conventional gene therapy candidate that is in Phase 1/2 clinical trial to treat CLN5 Batten disease. It has a license agreement with The University of North Carolina, the University of Edinburgh, Virovek, Inc., and Sigma-Aldrich Co. LLC. The company is headquartered in New York, New York.

About

CEO
Dr. Rachel L. McMinn Ph.D.
Employees
91
Instrument type
Common Stock
Sector
Healthcare
Industry
Biotechnology
MIC code
XNMS
Address
535 W 24th Street, New York, NY 10011, United States
Phone
(855) 508-3568
Website
Chart Image
× Enlarged Chart
Oscillators
No data available
Summary
No data available
Moving Averages
No data available

Earnings

Date Estimate EPS Actual EPS Difference % Surprise
Nov 17, 2025
Aug 7, 2025
May 8, 2025
Mar 17, 2025

Earnings estimate

Next Quarter
(Mar 2025)
Next Year
(Dec 2025)
Number of analysts 0 1
Average estimate 0.00 -3.90
Low estimate 0.00 -3.90
High estimate 0.00 -3.90
Last year EPS -3.86
[stock_revenue_estimate]

Growth estimates

Current qtr
Next qtr. (Mar 2025)
Current year
Next year (Dec 2025)
-1.040%
Next 5 years (per annum)
Past 5 years (per annum)

Analyst Ratings

Date Firm Action Rating Price Target
Nov 25, 2024
HC Wainwright & Co.
Mitchell Kapoor
Reiterates Buy Maintains $55
Nov 20, 2024
BMO Capital
Keith Tapper
Maintains Outperform ▼ Lowers $60 → $45
Nov 19, 2024
HC Wainwright & Co.
Mitchell Kapoor
Reiterates Buy Maintains $55
Nov 12, 2024
Stifel
Paul Matteis
Maintains Buy ▲ Raises $44 → $60
Nov 12, 2024
BMO Capital
Keith Tapper
Maintains Outperform ▼ Lowers $65 → $60
Nov 12, 2024
HC Wainwright & Co.
Mitchell Kapoor
Maintains Buy ▲ Raises $49 → $55
Nov 12, 2024
Baird
Joel Beatty
Maintains Outperform ▲ Raises $54 → $72
Nov 12, 2024
Leerink Partners
Mani Foroohar
Maintains Outperform ▲ Raises $45 → $72
Aug 12, 2024
HC Wainwright & Co.
Mitchell Kapoor
Maintains Buy ▼ Lowers $51 → $49
Jun 27, 2024
BMO Capital
Keith Tapper
Initiates Outperform Announces $65
Jun 20, 2024
HC Wainwright & Co.
Mitchell Kapoor
Reiterates Buy Maintains $51
Jun 11, 2024
Baird
Joel Beatty
Initiates Outperform Announces $54
Jun 4, 2024
HC Wainwright & Co.
Mitchell Kapoor
Reiterates Buy Maintains $51
May 13, 2024
HC Wainwright & Co.
Mitchell Kapoor
Maintains Buy ▼ Lowers $55 → $51
May 8, 2024
HC Wainwright & Co.
Mitchell Kapoor
Reiterates Buy Maintains $55
May 3, 2024
HC Wainwright & Co.
Mitchell Kapoor
Reiterates Buy Maintains $55
Apr 29, 2024
Leerink Partners
Mani Foroohar
Initiates Outperform Announces $46
Mar 21, 2024
William Blair
Sami Corwin
Initiates Outperform
Mar 19, 2024
HC Wainwright & Co.
Mitchell Kapoor
Maintains Buy ▲ Raises $45 → $55
Mar 5, 2024
HC Wainwright & Co.
Mitchell Kapoor
Reiterates Buy Maintains $45
Jan 17, 2024
HC Wainwright & Co.
Mitchell Kapoor
Reiterates Buy Maintains $45
Jan 8, 2024
HC Wainwright & Co.
Mitchell Kapoor
Initiates Buy Announces $45
Jan 5, 2024
Stifel
Paul Matteis
Initiates Buy Announces $31

Income statement

2023
Fiscal date 2023-12-31
Total reported revenue
Cost of revenue
Gross profit
Operating expense
Research & development 44.39M
Selling general and admin 11.19M
Other operating expenses
Operating income -55.58M
Non operating interest income
Income 2.95M
Expense 12,000
Other income expense 16.33M
Pretax income -36.32M
Tax provision
Net income -36.32M
Basic EPS -73.84
Diluted EPS -73.84
Basic average shares 491,867
Diluted average shares 491,867
EBITDA -49.36M
Net income from continuing op. -36.32M
Minority interests
Preferred stock dividends

Balance sheet

2023 2022 2021
Fiscal date 2023-12-31 2022-12-31 2021-12-31
Total assets 222.57M 109.27M 101.49M
Current assets
Cash
Cash equivalents
Cash and cash equivalents 148.21M 82.02M 70.54M
Other short term investments 48.95M
Accounts receivable
Other receivables 600,000 990,000 790,000
Inventory
Prepaid assets 1.50M 1.08M 1.91M
Restricted cash
Assets held for sale
Hedging assets
Other current assets 1.10M 630,000 711,000
Non current assets
Properties 13.07M 13.39M 10.96M
Land and improvements
Machinery furniture equipment 287,000 289,000
Construction in progress 234,000 252,000 2.86M
Leases 15.38M 15.30M 15.29M
Accumulated depreciation -8.01M -4.77M -1.57M
Goodwill
Investment properties
Financial assets
Intangible assets
Investments and advances
Other non current assets 1.37M 87,000
Total liabilities 36.55M 255.00M 193.36M
Current liabilities
Accounts payable 2.60M 625,000 5.63M
Accrued expenses 10.79M 1.80M 1.33M
Short term debt 2.88M 702,000 610,000
Deferred revenue
Tax payable
Pensions 5.97M 3.36M 3.02M
Other current liabilities 737,000 167,000 267,000
Non current liabilities
Long term debt 13.37M 3.99M 4.60M
Provision for risks and charges
Deferred liabilities
Derivative product liabilities
Other non current liabilities 203,000
Shareholders equity
Common stock 1,000
Retained earnings -187.15M -150.84M -95.65M
Other shareholders equity
Total shareholders equity 186.02M -145.74M -91.88M
Additional paid in capital 373.18M 5.10M 3.77M
Treasury stock
Minority interest

Cash flow statement

2023
Operating Activities
Net Income-36.32M
Depreciation3.30M
Deferred Taxes
Stock-Based Compensation1.42M
Other Non-Cash Items-15.69M
Accounts Receivable
Accounts Payable667,000
Other Assets & Liabilities-1.44M
Operating Cash Flow-48.07M
Investing Activities
Capital Expenditures-321,000
Net Intangibles
Net Acquisitions
Purchase of Investments
Sale of Investments5.00M
Investing Cash Flow25.64M
Financing Activities
Long-Term Debt Issuance
Long-Term Debt Payments-29,000
Other Financing Charges
Financing Cash Flow92.31M
Other Cash Details
End Cash Position148.72M
Income Tax Paid
Interest Paid12,000
Free Cash Flow-51.74M
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INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Neurogene Inc. - NGNE Article
INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Neurogene Inc. - NGNE
NEW YORK, NY / ACCESS Newswire / February 5, 2025 / Pomerantz LLP is investigating claims on behalf of investors of Neurogene Inc. ("Neurogene" or the "Company") (NASDAQ:NGNE). Such investors are advised to contact Danielle Peyton at newaction@pomlaw.com or 646-581-9980, ext.
Accesswire Neutral
Feb 5, 2025
SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Neurogene Inc. - NGNE Article
SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Neurogene Inc. - NGNE
NEW YORK, NY / ACCESS Newswire / February 1, 2025 / Pomerantz LLP is investigating claims on behalf of investors of Neurogene Inc. ("Neurogene" or the "Company") (NASDAQ:NGNE). Such investors are advised to contact Danielle Peyton at newaction@pomlaw.com or 646-581-9980, ext.
Accesswire Neutral
Feb 1, 2025
Bronstein, Gewirtz & Grossman, LLC Initiates an Investigation into Allegations Against Neurogene Inc. (NGNE) And Encourages Shareholders to Reach Out Article
Bronstein, Gewirtz & Grossman, LLC Initiates an Investigation into Allegations Against Neurogene Inc. (NGNE) And Encourages Shareholders to Reach Out
NEW YORK CITY, NY / ACCESSWIRE / November 28, 2024 / Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Neurogene Inc. ("Neurogene" or "the Company") (NASDAQ:NGNE). Investors who purchased Neurogene securities are encouraged to obtain additional information and assist the investigation by visiting the firm's site: bgandg.com/NGNE.
Accesswire Neutral
Nov 28, 2024
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