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Precigen, Inc.. (PGEN) Fundamental Analysis & AI Grade 2026

PGEN Nasdaq Pharmaceutical Preparations VA CIK: 0001356090
Updated This Month • Analysis: May 15, 2026 • SEC Data: 2026-03-31
Combined AI Grade
D
85% Confidence
N/A
D
85% Conf
Pending
Analysis scheduled

📊 PGEN Key Takeaways

Revenue: $23.3M
Net Margin: -34.1%
Free Cash Flow: $-44.1M
Current Ratio: 4.82x
Debt/Equity: 4.62x
EPS: $-0.02
AI Grade: D with 85% confidence
Precigen, Inc.. (PGEN) receives a D fundamental grade with 85% confidence from our AI analysis based on SEC 10-K filings. With revenue of $23.3M, net profit margin of -34.1%, and return on equity (ROE) of -39.2%, Precigen, Inc.. demonstrates mixed fundamentals in the Healthcare sector. Below is our complete PGEN stock analysis for 2026.

Is Precigen, Inc.. (PGEN) a Good Investment?

Claude

Despite impressive 146.7% revenue growth, PGEN faces critical financial distress with unsustainable cash burn (-$44.1M FCF), severe leverage (4.62x debt-to-equity ratio), and negative interest coverage (-0.5x) indicating inability to service debt from operations. At current burn rate, the company's $7.5M cash position provides less than 1 month of runway, creating immediate solvency risk.

Precigen, Inc.. Key Strengths (PGEN)

Claude
  • + Strong revenue growth of 146.7% YoY demonstrates market traction
  • + Excellent liquidity ratios (4.82x current ratio, 4.76x quick ratio) provide near-term payment capacity
  • + Operates in high-growth pharmaceutical sector with innovation potential

PGEN Stock Risks: Precigen, Inc.. Investment Risks

Claude
  • ! Catastrophic cash burn of -$43.8M operating cash flow with only $7.5M cash on hand
  • ! Dangerously high leverage (4.62x debt-to-equity, $93.5M long-term debt vs $20.2M equity) with negative interest coverage of -0.5x
  • ! Deteriorating profitability despite revenue growth: net income down 240.4% YoY with -34.1% net margin and -25.8% operating margin, indicating business model is unprofitable at scale

Key Metrics to Watch

Claude
  • * Operating cash flow and cash runway (critical near-term survival metric)
  • * Path to EBITDA/operating profitability and timeline
  • * Debt refinancing ability and maturity schedule of $93.5M long-term debt

Precigen, Inc.. (PGEN) Financial Metrics & Key Ratios

Revenue
$23.3M
Net Income
$-7.9M
EPS (Diluted)
$-0.02
Free Cash Flow
$-44.1M
Total Assets
$138.6M
Cash Position
$7.5M

💡 AI Analyst Insight

Strong liquidity with a 4.82x current ratio provides a solid financial cushion.

PGEN Profit Margin, ROE & Profitability Analysis

Gross Margin N/A
Operating Margin -25.8%
Net Margin -34.1%
ROE -39.2%
ROA -5.7%
FCF Margin -189.6%

PGEN vs Healthcare Sector: How Precigen, Inc.. Compares

How Precigen, Inc.. compares to Healthcare sector averages

Net Margin
PGEN -34.1%
vs
Sector Avg 12.0%
PGEN Sector
ROE
PGEN -39.2%
vs
Sector Avg 15.0%
PGEN Sector
Current Ratio
PGEN 4.8x
vs
Sector Avg 2.0x
PGEN Sector
Debt/Equity
PGEN 4.6x
vs
Sector Avg 0.6x
PGEN Sector

Sector benchmarks are approximate industry averages. Actual sector performance may vary.

Is Precigen, Inc.. Stock Overvalued? PGEN Valuation Analysis 2026

Based on fundamental analysis, Precigen, Inc.. shows some fundamental concerns relative to the Healthcare sector in 2026.

Return on Equity
-39.2%
Sector avg: 15%
Net Profit Margin
-34.1%
Sector avg: 12%
Revenue Growth
N/A
Year-over-year
Debt/Equity
4.62x
Sector avg: 0.6x

Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.

Precigen, Inc.. Balance Sheet: PGEN Debt, Cash & Liquidity

Current Ratio
4.82x
Quick Ratio
4.76x
Debt/Equity
4.62x
Debt/Assets
85.4%
Interest Coverage
-0.46x
Long-term Debt
$93.5M

PGEN Revenue & Earnings Growth: 5-Year Financial Trend

PGEN 5-year financial data: Year 2019: Revenue $219.5M, Net Income N/A, EPS N/A. Year 2020: Revenue $151.2M, Net Income N/A, EPS N/A. Year 2021: Revenue $103.9M, Net Income -$322.3M, EPS $-2.09. Year 2022: Revenue $32.0M, Net Income -$170.5M, EPS $-1.02. Year 2025: Revenue $9.7M, Net Income -$95.9M, EPS $-0.39.
Revenue
Net Income
EPS (right axis)

5-Year Trend Summary: Precigen, Inc..'s revenue has declined by 96% over the 5-year period, indicating business contraction. The most recent EPS of $-0.39 indicates the company is currently unprofitable.

PGEN Revenue Growth, EPS Growth & YoY Performance

Revenue Growth
N/A
Year-over-year
Net Income Growth
N/A
Year-over-year
EPS Growth
N/A
Earnings per share
FCF Margin
-189.6%
Free cash flow / Revenue

PGEN Quarterly Earnings & Performance

Quarterly financial performance data for Precigen, Inc.. including revenue, net income, and earnings per share.
Quarter Revenue Net Income EPS
Q1 2026 $1.3M -$7.9M $-0.02
Q2 2023 $1.8M -$17.6M $-0.08
Q1 2023 $1.9M -$19.3M $-0.10
Q3 2022 $3.3M -$29.8M $-0.15
Q2 2022 $2.9M -$17.6M $-0.09
Q1 2022 $24.5M -$17.3M $-0.09
Q3 2021 $21.6M -$29.5M $-0.15
Q2 2021 $30.4M -$20.1M $-0.10

Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.

Precigen, Inc.. Dividends, Buybacks & Capital Allocation

Operating Cash Flow
-$43.8M
Cash generated from operations
Capital Expenditures
$258.0K
Investment in assets
Dividends
None
No dividend program

PGEN SEC Filings: Latest 10-K & 10-Q Analysis

Access official SEC EDGAR filings for Precigen, Inc.. (CIK: 0001356090)

📋 Recent SEC Filings

Date Form Document Action
May 27, 2026 4 xslF345X06/ownership.xml View →
May 27, 2026 4 xslF345X06/ownership.xml View →
May 27, 2026 4 xslF345X06/ownership.xml View →
May 27, 2026 4 xslF345X06/ownership.xml View →
May 27, 2026 4 xslF345X06/ownership.xml View →

Frequently Asked Questions about PGEN

What is the AI rating for PGEN?

Precigen, Inc.. (PGEN) has an AI grade of D with 85% confidence, based on fundamental analysis of SEC EDGAR filings.

What are PGEN's key strengths?

Claude: Strong revenue growth of 146.7% YoY demonstrates market traction. Excellent liquidity ratios (4.82x current ratio, 4.76x quick ratio) provide near-term payment capacity.

What are the risks of investing in PGEN?

Claude: Catastrophic cash burn of -$43.8M operating cash flow with only $7.5M cash on hand. Dangerously high leverage (4.62x debt-to-equity, $93.5M long-term debt vs $20.2M equity) with negative interest coverage of -0.5x.

What is PGEN's revenue and growth?

Precigen, Inc.. reported revenue of $23.3M.

Does PGEN pay dividends?

Precigen, Inc.. does not currently pay dividends.

Where can I find PGEN SEC filings?

Official SEC filings for Precigen, Inc.. (CIK: 0001356090) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.

What is PGEN's EPS?

Precigen, Inc.. has a diluted EPS of $-0.02.

How is the AI analysis conducted?

Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined grade reflects both perspectives for balanced insights.

What is PGEN's fundamental grade?

Based on our AI fundamental analysis in May 2026, Precigen, Inc.. has a D grade with 85% confidence. Review the strengths and risks sections above for full context. This is not investment advice.

Is PGEN stock overvalued or undervalued?

Valuation metrics for PGEN: ROE of -39.2% (sector avg: 15%), net margin of -34.1% (sector avg: 12%). Compare these metrics with sector averages to assess valuation.

What is PGEN's AI grade for 2026?

Our dual AI analysis gives Precigen, Inc.. a combined D grade for 2026. Revenue is data pending, with profitability at or below sector average. Always conduct your own research.

What is PGEN's free cash flow?

Precigen, Inc..'s operating cash flow is $-43.8M, with capital expenditures of $258.0K. FCF margin is -189.6%.

How does PGEN compare to other Healthcare stocks?

Vs Healthcare sector averages: Net margin -34.1% (avg: 12%), ROE -39.2% (avg: 15%), current ratio 4.82 (avg: 2).

Is Precigen, Inc.. carrying too much debt?

PGEN has a debt-to-equity ratio of 4.62x, which is above the Healthcare sector average of 0.6x. However, the current ratio of 4.82 suggests adequate short-term liquidity.

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Disclaimer: This analysis is generated by Claude AI (Anthropic) and ChatGPT (OpenAI) based on publicly available SEC EDGAR filings. It does not include stock price data and should not be considered financial advice. All fundamental data is sourced from SEC public domain filings. Always conduct your own research and consult with a qualified financial advisor before making investment decisions.
Data Source: SEC EDGAR | Analysis Date: May 15, 2026 | Data as of: 2026-03-31 | Powered by Claude AI