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Precigen IncPGENCompetitor analysis, valuation and peers

United States · USD·Health Care›Biotechnology

Develops gene and cell therapies including an approved treatment for recurrent respiratory papillomatosis.

Momentum laggard 16
Mkt cap
$1.60B
US dollars, full cap
Free float
46%
of shares outstanding
$/day
$41.9M
20-day average traded
Fwd P/E
6.9×
forward earnings
ROIC−WACC
-39.8 pp
WACC 9.7%
Hurdle
n/a
no reverse DCF
Next earnings
116 days
2 Mar 2027
Close · USD$4.47
1D+5.9%
1W-35.6%
1M-41.2%
3M-36.1%
6M+6.2%
YTD+6.9%
1Y+12.0%
ATR %12.8%
Beta1.59
52w lowhigh50.2% off high

What Precigen does

Develops gene and cell therapies including an approved treatment for recurrent respiratory papillomatosis.

Its first product, Papzimeos, treats recurrent respiratory papillomatosis, a rare condition where wart-like growths block the airways, and is sold to specialist hospitals. Before approval it lived on licensing deals and shares sold to investors. Randal Kirk's Third Security has long been the largest shareholder.

Products and services

  • Papzimeos (RRP treatment)
  • Gene therapy pipeline (cancer, autoimmune)

Customers

  • ENT specialists/hospitals (post-approval)

Where it sits in the supply chain

  • Health Care
  • Biotechnology
  • Gene and cell therapy

What could go right

  • Papzimeos commercial ramp
  • Pipeline partnership and licensing deals

What could go wrong

  • Cash burn ahead of profitability
  • Rare-disease market size limits

Moat: none (IP / patents, regulatory licence). First mover with an approved rare-disease gene therapy, but a thin, still-loss-making commercial base.

Headquarters: Germantown, Maryland, US · Founded: 1998 · Employees: 160

Named competitors

Precigen at a glance

Size Precigen (PGEN) is a United States Health Care company (Biotechnology) with a market value of $1.60B, the 1946th largest of 3,117 United States companies the cockpit tracks. Shares closed at $4.47 on 6 Nov 2026.

Performance Over six months the shares gained 6.2%, against -13.2% for the median peer and -1.1% for the United States market (cap-weighted) — 5th highest of 19 in its peer set.

Growth Revenue grew 1,875.0% over the last twelve months (peer median +21.1%); the operating margin is -46.1% (peer median -151.2%).

Valuation It trades at 6.9× forward earnings against a peer median of 49.7× (cheapest of 7).

Capital Return on invested capital runs 39.8 points below its cost of capital (9.7% WACC).

Short interest Short interest is 13.0% of the free float (15 Oct 2026).

Next results Next results expected around 2 Mar 2027 (exchange calendar; dates can move).

Relative performance

10015020011 May 202611 Aug 20266 Nov 2026PGEN 106Peer median 84
Six months, rebased to 100: Precigen against the median of its 20 peers (local-currency closes).

Precigen financials

Reported figures in USD; fiscal year ends 2025-12-31. TTM = trailing twelve months.
TTMFY2025FY2024FY2023FY2022
Revenue$85.7M$9.68M$3.92M$6.22M$26.9M
Revenue growth—+147%-37%-77%—
Gross profit$76.4M$3.59M-$3.40M-$4.74M$15.8M
EBITDA-$35.4M-$103M-$90.2M-$82.3M-$67.4M
Net income-$158M-$251M-$126M-$95.9M-$66.4M
Free cash flow-$115M-$89.8M-$76.8M-$68.5M-$70.0M
Capital expenditure$1.06M$2.00M$8.58M$1.54M$4.92M
Total debt$98.3M$98.3M$5.50M$7.10M$51.4M

Quarterly statements and history in the cockpit →

Precigen competitor charts

The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.

Performance: 6-month against 1-month return

-50%0%+50%+100%0%+50%IMCRNTLAPPGN688765ANIP087010NRIX2637KLRAQURE61856949688105STOKABSIPGEN6-month return →1-month return →
Up and to the right = strong over both horizons. Precigen is the large dot.

Fundamentals: revenue growth against valuation

0%+500%+1,000%+1,500%+2,000%0×50×100×150×PPGNANIP26371450206185688105PGENRevenue growth (TTM) →Forward P/E →
Further right = faster growth; higher = more expensive. The dashed lines are the peer medians. Precigen is the large dot.

Precigen competitors and peer comparison

Head to head with its named competitors (PGEN vs RARE vs PTCT vs NTLA)
CompanyMarket cap6M returnRevenue growthOp. marginForward P/EReq g
Precigen PGEN$1.60B+6%+1,875%-46%6.9×n/a
Ultragenyx Pharmaceutical RARE$1.52B+22%+16%-64%n/an/a
PTC Therapeutics PTCT$5.47B-11%-35%22%34.8×8.0%
Intellia Therapeutics NTLA$1.59B-19%+13%-712%n/an/a

How Precigen compares with its peers

Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.

Precigen against its 20 peers (data as of 6 Nov 2026)
MeasurePGENPeer medianRank in peer set
1-month return-41.2%-6.5%lowest of 21
6-month return+6.2%-13.2%5th highest of 19
Distance from 52-week high-50.2%-38.9%6th lowest of 21
Revenue growth (TTM)+1,875.0%+21.1%highest of 19
Operating margin-46.1%-151.2%10th highest of 19
Forward P/E6.9×49.7×cheapest of 7
ROIC minus cost of capital-39.8 pp-11.2 pp5th lowest of 13

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
CompanyMarketMarket cap6M returnRevenue growthOp. marginForward P/EReq gDelivered g
Precigen PGENUnited States$1.60B+6%+1,875%-46%6.9×n/an/a
Immunocore Holdings Plc Shs Sponsored American Depositary Shares Repr 1 Sh IMCRUnited States$1.60B+5%+20%-5%n/an/an/a
Intellia Therapeutics NTLAUnited States$1.59B-19%+13%-712%n/an/an/a
Zhuhai Trinomab Pharmaceutical 688806.SSChina$1.58Bn/a+238%-1,196%n/an/an/a
PolyPeptide PPGN.SWSwitzerland$1.62B+6%+22%7%51.3×n/an/a
TLC BioSciences 7924.TWOTaiwan$1.57Bn/an/an/an/an/an/a
Wuhan Healthgen Biotechnology 688765.SSChina$1.64B-44%+90%-297%n/an/an/a
ANI Pharmaceuticals ANIPUnited States$1.55B-18%+31%13%7.6×-4.1%+33.5%
Peptron 087010.KSSouth Korea$1.67B-63%+16%-427%n/an/an/a
Nurix Therapeutics NRIXUnited States$1.67B-7%+739%41%n/a-19.0%+36.4%
Generate Biomedicines GENBUnited States$1.68B-4%+56%-737%n/an/an/a
Fujian Haixi Pharmaceuticals 2637.HKHong Kong$1.53B-41%+25%33%48.2×n/an/a
Kailera Therapeutics KLRAUnited States$1.68B-40%n/an/an/an/an/a
Hugel 145020.KSSouth Korea$1.52B-26%+17%38%15.7×-7.9%+15.0%
uniQure QUREUnited States$1.51B-22%+30%-1,093%n/an/an/a
CanSino Biologics 6185.HKHong Kong$1.71B-5%+36%-4%74.9×n/an/a
Chengdu Olymvax Biopharmaceuticals 688319.SSChina$1.71B-9%+12%8%n/an/an/a
PELL Bio-Med Technology 6949.TWTaiwan$1.49B+126%+5%-1,720%n/an/an/a
Nanjing Vazyme Biotech 688105.SSChina$1.72B+45%+16%-5%166.7×45.1%-2.5%
Stoke Therapeutics STOKUnited States$1.74B-19%-86%-913%n/an/an/a
Absci ABSIUnited States$1.75B+72%-62%-8,411%n/an/an/a

Questions

Who are Precigen's main competitors?
Named competitors: Ultragenyx Pharmaceutical (RARE), PTC Therapeutics (PTCT), Intellia Therapeutics (NTLA). The cockpit's measured peer set (industry) also includes Immunocore Holdings Plc Shs Sponsored American Depositary Shares Repr 1 Sh (IMCR), Intellia Therapeutics (NTLA), Zhuhai Trinomab Pharmaceutical (688806.SS), PolyPeptide (PPGN.SW), TLC BioSciences (7924.TWO), Wuhan Healthgen Biotechnology (688765.SS).
Is Precigen expensive compared with its peers?
On forward p/e it trades at 6.9× against a peer median of 49.7×, cheapest of 7 in its peer set.
How has Precigen stock performed?
Over six months to 6 Nov 2026 the shares returned +6.2% against -13.2% for the median peer; over one year +12.0%.

How these numbers are made. Returns are close-to-close in local currency. Revenue growth and margins are trailing twelve months. Req g is the revenue growth that today's enterprise value requires for seven years at the company's own cost of capital; Delivered g is what it actually grew; the gap is the hurdle (honest precision about ±8 points, so read the ranking more than the decimal). No fair values, price targets or analyst ratings are shown, by design. Method and validation.