Feed / PGEN

Precigen, Inc.

PGEN

Healthcare · 6.68 -2.7% today

Isolated · not yet confirmedMarket checked 10 Sept, 13:15 GMT-4

Market read

Precigen, Inc.'s current read is isolated; its market group is not confirming.

No new filing conclusion is available. 0 of 18 group members are active now; 0 filing-linked outsiders are moving with the group, and 0 of 14 directly disclosed connections are confirming.

Company-2.7% todayVolume comparison unavailable
Market group0 of 18 activePrecision Industrial Solutions · unavailable
Disclosed network0 of 8 confirmingNo filing-linked name is confirming now
What would change this read
  • PGEN's market-adjusted activity becomes unusual and at least one connected name confirms.

Invalidation: The isolated read changes if PGEN's group or a disclosed connection begins moving with it.

Watch this read

Research brief

The story so far

Healthcare · Biotechnology

No new filing conclusion is available. 0 of 18 group members are active now; 0 filing-linked outsiders are moving with the group, and 0 of 14 directly disclosed connections are confirming.

Evidence that supports

No thresholded supportive filing evidence is available yet.

Evidence that challenges

No thresholded adverse filing evidence is available yet.

What would clarify the read
  • PGEN's market-adjusted activity becomes unusual and at least one connected name confirms.

Company research

Understand the business, not just the ticker

As of Sep 10, 2026
Business model and earnings drivers

Use the company’s filings to identify the few operating, demand, cost, capital and regulatory variables that determine its earnings power.

Key research questions
  • Which operating variable is changing?
  • Is that change durable, cyclical or one-off?
  • What evidence would disprove the current interpretation?
Annual periods9
Price observations318
Usable filing statements67
Verified relationships12
Evidence supporting the case
  • Latest annual revenue changed +146.7% year over year.
  • Operating margin changed +2299.1 percentage points in the latest annual period.
  • Net margin changed +628.0 percentage points in the latest annual period.
Evidence challenging the case
  • Diluted shares increased 16.9% in the latest annual period.
  • Product pipeline and R&D has repeated adverse evidence across 4 filings.
  • Restructuring and cost reductions has repeated adverse evidence across 3 filings.
Questions before a position
  • EV/sales is 1563% above the available filing-peer median; determine whether growth and quality justify the difference.
Longer-term price context

Price as of Sep 9, 2026

6.79
6m+78.2%12m+59.4%24m
Annual trajectory

Reported annual revenue and per-share history. This is accounting history, not a forecast.

PeriodRevenueYoYDiluted EPSShare change
2021-12-31$14.3M-55.4%$-0.47+18.4%
2022-12-31$26.9M+88.6%$0.14+1.3%
2023-12-31$6.2M-76.9%$-0.39+22.0%
2024-12-31$3.9M-36.9%$-0.47+9.5%
2025-12-31$9.7M+146.7%$-1.37+16.9%

What management says matters

Persistent and emerging business drivers

Product pipeline and R&Dnegative · 4 filings
Research and development expenses R&D expenses decreased by $4.8 million, or 46.2%, compared to the three months ended March 31, 2025, primarily due to the change in the accounting treatment of Papzimeos manufacturing costs.
10-Q · May 13, 2026
Restructuring and cost reductionsnegative · 3 filings
Our 2024 cash used in operations increased by $1.2 million from the year ended December 31, 2023, primarily due to increase in cash outflows related to ActoBio during 2024 as we ceased operations and paid severance costs.
10-K · Mar 25, 2026
Demand and volumemixed · 1 filings
Because Papzimeos is in its first commercial year, revenue recognition involves significant estimation uncertainty, specifically relating to variable consideration, which includes: ◦ Chargebacks and contractual commitments requiring us to provide products at…
10-K · Mar 25, 2026
Legal and regulatory exposurepositive · 1 filings
These decreases were partially offset by increased manufacturing costs related to Papzimeos prior to its FDA approval and higher professional fees incurred in connection with regulatory filing procedures.
10-Q · Nov 13, 2025

Valuation discipline

Descriptive valuation snapshot

Price/sales 219.4× · EV/sales 225.9×. Comparisons use only industry-matched filing peers.

Scenario scaffold

Mechanical 2.0-year scenarios are available as editable assumptions, not consensus.

Price action

How the market is pricing the story

6.68-2.7% today

Jodie does not have enough daily observations to draw a useful short-term chart for this asset. The latest quoted price was checked 10 Sept, 13:15 GMT-4; this is a coverage limitation, not a flat-price conclusion.

Developments

No sourced recent-development timeline yet

Jodie has not returned a relevant primary source or news item for PGEN. This is an evidence-coverage gap, not a conclusion that nothing material happened.

Business and financial condition

Reported financial figures are not available yet

Jodie has not returned structured SEC XBRL fundamentals for this asset. This is a coverage limitation, not an assessment of the business or its financial health.

Filing analysis

No comparable filing assessment is available yet

Jodie has not yet found a suitable current-versus-prior filing comparison for PGEN. This does not mean the latest filing was neutral or immaterial.

Business ecosystem

The relationships behind PGEN

Customers, suppliers, partners and competitors named in company filings—not inferred from headlines.

Depends on

PTCTPTC Therapeutics, Inc.partnerNov 13, 2025

In September 2025, the Company and PTC Therapeutics mutually agreed to terminate their existing exclusive channel collaboration ("ECC") agreement.

ABBVAbbVie Inc.competitorMar 25, 2026

We also face competition from non-cell based cancer treatments offered by other companies such as Amgen, AstraZeneca, Merck, Abbvie, and Roche.

AMGNAmgen Inc.competitorMar 25, 2026

We also face competition from non-cell based cancer treatments offered by other companies such as Amgen, AstraZeneca, Merck, Abbvie, and Roche.

Filing peers

Companies whose filings use similar operating language.

Open the three relationships above to see Jodie’s filing proof. Pro unlocks 12 more links, every receipt, and alerts when connected names begin moving. Unlock the full network →

What is moving around it

Live connections

PGEN is currently a Follower in the organic co-movement group Precision Industrial Solutions. This group is discovered from market behaviour rather than assigned from an industry taxonomy. 3 filing-linked names are in the relationship map; none is currently confirmed as moving with the group.

This group is retained as the last observed read for PGEN; it is not active in the latest market snapshot.

Context history

Theme membership history

No durable theme membership has been observed for this name yet.