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CGON Overview

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$
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0.000(0.000%)
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ET
$
0.000
0.000(0.000%)
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ET
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Intellectia

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High
70.315
Open
68.900
VWAP
69.50
Vol
1.14M
Mkt Cap
6.14B
Low
68.550
Amount
79.44M
EV/EBITDA(TTM)
--
Total Shares
88.20M
EV
5.05B
EV/OCF(TTM)
--
P/S(TTM)
1.09K
CG Oncology, Inc. is a late-stage clinical biopharmaceutical company focused on developing and commercializing a potential backbone bladder-sparing therapeutic for patients afflicted with bladder cancer. The Company’s product candidate, cretostimogene grenadenorepvec (cretostimogene) is in clinical development for the treatment of patients with non-muscle invasive bladder cancer (NMIBC). Its BOND-003 is in Phase III clinical trial, which is designed to assess the safety and efficacy of cretostimogene in high-risk Bacillus Calmette Guerin (BCG)-unresponsive NMIBC when administered as a monotherapy. Its CORE-001 is a Phase II single-arm, open-label clinical trial of cretostimogene administered with BCG-unresponsive NMIBC. Its portfolio also includes PIVOT-006, a Phase III trial to assess the safety and efficacy of adjuvant cretostimogene when administered as monotherapy to patients with intermediate-risk NMIBC following transurethral resection of the bladder tumor (TURBT).
Show More

Events Timeline

(ET)
2026-05-08
08:40:00
CG Oncology Reports Q1 Revenue of $1.08M
select

News

moomoo
9.5
05-08moomoo
PinnedCG ONCOLOGY INC Reports Q1 2026 Net Loss of $0.71 per Share
  • Financial Performance: The company reported a net loss of $0.71 per share for Q1 2026.
  • Market Impact: The financial results may influence investor sentiment and stock performance moving forward.
seekingalpha
9.5
05-08seekingalpha
CG Oncology Reports Q1 Earnings with Significant Cash Position Growth
  • Earnings Report: CG Oncology's Q1 GAAP EPS stands at -$0.71, indicating challenges in profitability that could impact investor confidence moving forward.
  • Revenue Performance: The company reported revenue of $1.08 million for the first quarter, reflecting pressure in the market despite cash inflows, which may hinder growth prospects.
  • Cash Position Growth: As of March 31, 2026, CG Oncology's cash, cash equivalents, and marketable securities totaled $1.1 billion, a significant increase from $742.2 million as of December 31, 2025, showcasing enhanced financing capabilities.
  • Financing Activity: The company raised approximately $391.4 million in net proceeds from the sale of 6,941,407 shares through its at-the-market facility in Q1, indicating successful engagement with high-quality investors and bolstering its financial stability.
seekingalpha
9.5
05-08seekingalpha
CG Oncology Reports Q1 2026 Financial Results with Significant Cash Increase
  • Financial Performance: CG Oncology's Q1 2026 report reveals a GAAP EPS of -$0.71, with revenue reaching $1.08 billion, indicating ongoing challenges in achieving profitability despite substantial sales figures.
  • Cash Position: As of March 31, 2026, the company reported cash, cash equivalents, and marketable securities totaling $1.1 billion, a significant increase from $742.2 million as of December 31, 2025, reflecting positive progress in its financing activities.
  • Financing Activities: In Q1 2026, CG Oncology raised approximately $391.4 million in net proceeds from the sale of 6,941,407 shares through its at-the-market facility, which not only bolstered its cash flow but also demonstrated confidence from high-quality funds.
  • Rating Downgrade: Despite the improved cash position, Seeking Alpha downgraded CG Oncology's quant rating, indicating market concerns regarding its reasonable valuation, which may negatively impact investor confidence.
Newsfilter
9.5
05-08Newsfilter
CG Oncology Reports Q1 2026 Financial Results and Milestones
  • BLA Submission Progress: CG Oncology has successfully completed the non-clinical and clinical modules for its first BLA submission, with completion expected in Q4 2026, ensuring market access in the HR BCG-unresponsive NMIBC space and enhancing future revenue potential.
  • Clinical Trial Data: Topline data from the PIVOT-006 Phase 3 trial is anticipated in the first half of 2026, while initial results from the CORE-008 Phase 2 trial will be presented at the 2026 AUA meeting, potentially providing new treatment options and market opportunities for the company.
  • Improved Financial Position: As of March 31, 2026, the company reported cash and cash equivalents of $1.1 billion, a significant increase from $742.2 million as of December 31, 2025, ensuring sufficient funding for operations through 2029 and boosting investor confidence.
  • Strengthened Executive Team: In April 2026, Jim DeTore was appointed as Chief Financial Officer, bringing over 30 years of life sciences experience, which is expected to enhance the company's financing and investor relations strategies, supporting future growth.
Fool
6.5
03-21Fool
Kynam Capital Reduces Stake in CG Oncology
  • Share Reduction Details: Kynam Capital sold 1,059,375 shares of CG Oncology in Q4 2026 for an estimated $43.84 million, indicating a cautious outlook on the company's future performance.
  • Ownership Percentage Change: Following the sale, CG Oncology now represents 2.51% of Kynam's holdings, down from 6.0% in the previous quarter, reflecting a decline in investor confidence in the stock.
  • Company Financial Overview: CG Oncology has a market capitalization of $5.5 billion, with annual revenue of only $4 million and a net loss of $160.1 million, highlighting its ongoing clinical-stage status and profitability challenges.
  • Future Growth Potential: Despite these challenges, CG Oncology holds over $740 million in cash, providing runway until 2029, with upcoming Phase 3 data expected to significantly impact stock performance and investor sentiment.
NASDAQ.COM
6.5
03-21NASDAQ.COM
Kynam Capital Reduces Stake in CG Oncology
  • Share Reduction Details: Kynam Capital sold 1,059,375 shares of CG Oncology in Q4, with an estimated transaction value of $43.84 million, reflecting a cautious market sentiment regarding the company's future performance.
  • Position Value Change: Post-sale, Kynam's stake decreased to 945,830 shares, valued at $39.27 million at quarter-end, indicating a net position change of $41.50 million due to trading activity and price fluctuations.
  • Company Financial Health: CG Oncology focuses on innovative therapies for bladder cancer, generating only about $4 million in annual revenue, yet boasting over $740 million in cash reserves, providing a runway into 2029 and demonstrating financial resilience.
  • Market Outlook and Risks: Despite CG Oncology's stock rising over 130% in the past year, its future performance heavily relies on upcoming clinical trial data, necessitating investor caution regarding the high expectations priced into the stock.
Wall Street analysts forecast CGON stock price to rise
13 Analyst Rating
Wall Street analysts forecast CGON stock price to rise
13 Buy
0 Hold
0 Sell
Strong Buy
Current: 0.000
sliders
Low
65.00
Averages
79.73
High
108.00
Current: 0.000
sliders
Low
65.00
Averages
79.73
High
108.00
RBC Capital
NULL
to
Outperform
maintain
$73 -> $79
AI Analysis
2026-04-27
Reason
RBC Capital
Price Target
$73 -> $79
AI Analysis
2026-04-27
maintain
NULL
to
Outperform
Reason
RBC Capital raised the firm's price target on CG Oncology to $79 from $73 and keeps an Outperform rating on the shares. One of the most complex catalysts in the firm's universe is PIVOT-006, given both limited data from which to base readout expectations on a fundamental basis, and the recent run-up and future catalyst path from a tactical perspective, the analyst tells investors in a research note. RBC adds that it expects data from the trial in early June and creto to deliver a 40% risk reduction, driving 20% upside in shares.
JPMorgan
NULL
to
Overweight
maintain
$65 -> $91
2026-04-17
Reason
JPMorgan
Price Target
$65 -> $91
2026-04-17
maintain
NULL
to
Overweight
Reason
JPMorgan raised the firm's price target on CG Oncology to $91 from $65 and keeps an Overweight rating on the shares. JPMorgan also placed CG on "Positive Catalyst Watch" heading into the biologics license application update and PIVOT-6's top line results in the coming weeks. The early launch momentum of competitor Johnson & Johnson's (JNJ) validates the opportunity for "up-and-comers" like CG's cretostimogene grenadenorepvec in BCG-unresponsive non-muscle invasive bladder cancer, the analyst tells investors in a research note. JPMorgan is "increasingly confident" heading into CG Oncology's progress update and the PIVOT-6 data.
Unlock Full Analyst Thesis, Get the complete breakdown of rating reason for CGON
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Valuation Metrics

The current forward P/E ratio for CG Oncology Inc (CGON.O) is 0.00, compared to its 5-year average forward P/E of -17.71. For a more detailed relative valuation and DCF analysis to assess CG Oncology Inc's fair value, Click here.

Forward PE

The forward P/E ratio is a valuation metric that divides a company's current stock price by its estimated future earnings per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
N/A
5Y Average PE
-17.71
Current PE
0.00
Overvalued PE
-12.74
Undervalued PE
-22.67

Forward EV/EBITDA

The forward EV/EBITDA ratio is a valuation metric that divides a company's enterprise value (EV) by its estimated future earnings before interest, taxes, depreciation, and amortization (EBITDA) over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
N/A
5Y Average EV/EBITDA
-11.77
Current EV/EBITDA
-2.04
Overvalued EV/EBITDA
-4.24
Undervalued EV/EBITDA
-19.30

Forward PS

The forward P/S ratio is a valuation metric that divides a company's current stock price by its estimated future sales (or revenue) per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average PS
2845.41
Current PS
42.89
Overvalued PS
4482.12
Undervalued PS
1208.70

Financials

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Whales Holding CGON

C
Caption Management, LLC
Holding
CGON
+14.62%
3M Return
E
EcoR1 Capital, LLC
Holding
CGON
+13.84%
3M Return
T
TCG Crossover Management, LLC
Holding
CGON
+10.13%
3M Return
A
AMI Asset Management Corp
Holding
CGON
+5.80%
3M Return
L
Logos Global Management, L.P.
Holding
CGON
+4.10%
3M Return
R
RTW Investments, LP
Holding
CGON
-0.04%
3M Return

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Frequently Asked Questions

What is CG Oncology Inc (CGON) stock price today?

The current price of CGON is 69.62 USD — it has increased 0.64

What is CG Oncology Inc (CGON)'s business?

CG Oncology, Inc. is a late-stage clinical biopharmaceutical company focused on developing and commercializing a potential backbone bladder-sparing therapeutic for patients afflicted with bladder cancer. The Company’s product candidate, cretostimogene grenadenorepvec (cretostimogene) is in clinical development for the treatment of patients with non-muscle invasive bladder cancer (NMIBC). Its BOND-003 is in Phase III clinical trial, which is designed to assess the safety and efficacy of cretostimogene in high-risk Bacillus Calmette Guerin (BCG)-unresponsive NMIBC when administered as a monotherapy. Its CORE-001 is a Phase II single-arm, open-label clinical trial of cretostimogene administered with BCG-unresponsive NMIBC. Its portfolio also includes PIVOT-006, a Phase III trial to assess the safety and efficacy of adjuvant cretostimogene when administered as monotherapy to patients with intermediate-risk NMIBC following transurethral resection of the bladder tumor (TURBT).

What is the price predicton of CGON Stock?

Wall Street analysts forecast CGON stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for CGON is79.73 USD with a low forecast of 65.00 USD and a high forecast of 108.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.

What is CG Oncology Inc (CGON)'s revenue for the last quarter?

CG Oncology Inc revenue for the last quarter amounts to 2.32M USD, increased 409.21

What is CG Oncology Inc (CGON)'s earnings per share (EPS) for the last quarter?

CG Oncology Inc. EPS for the last quarter amounts to -0.52 USD, increased 13.04

How many employees does CG Oncology Inc (CGON). have?

CG Oncology Inc (CGON) has 142 emplpoyees as of May 10 2026.

What is CG Oncology Inc (CGON) market cap?

Today CGON has the market capitalization of 6.14B USD.