Compugen Ltd.

CGEN Healthcare Biotechnology

Compugen Ltd.’s revenue for fiscal 2025 (year ended December 2025) was $72.8 million, up 161.1% from fiscal 2024. In the quarter to June 2026, revenue grew 107.0%, EPS grew 12.5% and free cash flow fell 155.4%, each against the same quarter a year earlier.

2.08 0.08 +4.00%
Market cap
$187.6M
P/E
5.5×
Fwd P/E
−7.2×
Dividend yield
—
F-score
7/9
Altman Z
−0.37
Beneish M
−1.59
Dividend safety
n/a

Insider Decisions trades per month

Total sells 0.12
Totals in millions of $.
Dec 25 Mar 26 Jun 26 Sep 26
Buy — — — — — — — — — — — —
Sell — — — — 1 8 — — 1 — — —
Insider Ownership 0.29%

Capital & Financial Ratios $m

Market Cap 187.56
Revenue 74.00
Net Income 35.19
Free Cash Flow 40.04
Net Debt (125.30)
Current Ratio 5.72 (at or above 1.5: strong)
Debt/Equity 0.00 (at or below 0.5: strong)
P/E ratio 5.47
Fwd P/E (7.24) (negative: loss-making)
P/S ratio 2.66
P/B ratio 2.22
Past 5Y EPS Growth —
This Y EPS Growth (173.68%) (below 0%: weak)
Next Y EPS Growth 1.43%
Next Y revenue growth (87.30%) (below 0%: weak)
Next 5Y EPS Growth 1.27%

Green and red mark values outside typical ranges. How we judge →

Valuation vs history

P/S against its own 10 years 2.10%
10-year low 10-year high
P/B against its own 10 years 24.15%
10-year low 10-year high
EV/Sales against its own 10 years 8.58%
10-year low 10-year high

Dividends

Payout Ratio —
Annual Dividend Rate —
Annual Dividend Yield —
total individual payouts
2023 Powerpack
2022 Powerpack
2021 Powerpack
2020 Powerpack
2019 Powerpack
2017 Powerpack
special payouts not included in total or ratios

Assets vs Liabilities $m

2023 2024 2025 Q'26
Cash 51 103 146 125
Receivables 64 3 2 4
Inventory — — — —
Other — — — —
115 106 148 129
2023 2024 2025 Q'26
Payables 4 2 2 2
ST’ Debt — — — —
Other — — — —
26 20 23 23

Compound Annual Growth %

10y 5y 3y
Sales — 105.20% 113.28%
Cash Flow 0.00% 0.00% 0.00%
Earnings 0.00% 0.00% 0.00%
Book Value 1.34% (3.02%) 9.77%

Revenue $m

Mar Jun Sep Dec Year
’26 2 3 — — —
’25 2 1 2 67 73
’24 3 7 17 1 28
’23 — — — — 33
’22 — — — 8 8
’21 — — 6 — 6
’20 — — — 2 2
Fiscal quarters ending in the months shown.

Operating Cash Flow $m

Mar Jun Sep Dec Year
’26 — (22) — — —
’25 — (19) — 32 32
’24 — 40 — 50 50
’23 — — — — (36)
’22 — — — — (34)
’21 — — — — (23)
’20 — — — — (28)
Fiscal quarters ending in the months shown.

Free Cash Flow $m

Mar Jun Sep Dec Year
’26 — (22) — — —
’25 — (19) — 31 31
’24 — 40 — 49 49
’23 — 0 — 0 (36)
’22 — 0 — 0 (35)
’21 — 0 — 0 (23)
’20 — 0 — 0 (28)
Fiscal quarters ending in the months shown.

EPS $

Mar Jun Sep Dec Year
’26 (0.08) (0.07) — — —
’25 (0.08) (0.08) (0.07) 0.60 0.38
’24 (0.08) (0.02) 0.01 (0.07) (0.16)
’23 (0.11) (0.11) (0.11) 0.11 (0.21)
’22 (0.11) (0.11) (0.14) (0.04) (0.39)
’21 (0.12) (0.11) (0.07) (0.10) (0.41)
’20 (0.10) (0.08) (0.09) (0.10) (0.37)
Fiscal quarters ending in the months shown.

Target Price Range

Analyst price targets

Recommendation Rating

1
1Buy 2 3Hold 4 5Sell

Ten years at a glance Fiscal years to December

Group Line 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 Trend 2026e 2027e 2028e
Price, $
Price, $ Low 4.32 2.25 2.00 2.17 5.62 3.68 0.51 0.53 1.35 1.13

Analyst estimates 2026–2028

Powerpack
High 7.57 5.40 5.00 6.32 19.90 14.30 4.64 2.46 3.03 2.66
People
People Employees 98 101 89 61 68 73 69 68 74 75
Revenue/emp, $m 0.01 0.00 0.20 0.00 0.03 0.08 0.11 0.49 0.38 0.97
Income, $m
Income, $m Revenue 1 — 18 — 2 6 8 33 28 73
Gross margin, % 68.68 0.00 94.19 0.00 97.00 88.67 87.00 94.01 71.54 87.29
EBT (31) (37) (23) (28) (30) (34) (34) (10) (10) 35
EBT margin, % (4,422.19) 0.00 (126.96) 0.00 (1,484.90) (570.05) (448.48) (29.24) (34.84) 48.65
Net income (32) (37) (23) (27) (30) (34) (34) (19) (14) 35
Depreciation 1 2 1 1 1 0 0 0 (1) 0
Per share, $
Per share, $ Revenue 0.01 0.00 0.32 0.00 0.03 0.07 0.09 0.38 0.31 0.78
Earnings (0.62) (0.72) (0.41) (0.43) (0.37) (0.41) (0.39) (0.21) (0.16) 0.38
Cash flow (0.39) (0.60) (0.24) (0.44) (0.36) (0.27) (0.39) (0.41) 0.55 0.34
Capex (0.05) (0.01) 0.00 0.00 0.00 0.00 (0.01) 0.00 0.00 0.00
Free cash flow (0.44) (0.61) (0.24) (0.43) (0.36) (0.27) (0.40) (0.41) 0.55 0.34
Book value 1.25 0.57 0.67 0.60 1.51 1.27 0.90 0.75 0.61 1.10
Shares, m 51 51 55 64 80 84 87 88 90 93
Valuation, ×
Valuation, × P/E 0.00 — 0.00 — 0.00 0.00 0.00 0.00 0.00 4.14
P/S 364.28 — 6.72 — 48.68 22.92 3.96 11.31 4.92 1.96
P/B 4.08 — 3.22 — 8.05 3.39 0.79 2.67 2.49 1.39
EV/Sales 277.86 — 4.16 — 42.39 15.46 (1.44) 8.01 1.21 (0.04)
EV/FCF (3.32) — (1.10) — (10.00) (3.17) 0.24 (1.13) 0.53 (0.03)
Cash, $m
Cash, $m Operating cash flow (20) (31) (13) (28) (28) (23) (34) (36) 50 32
Capex (3) 0 0 0 0 0 0 0 0 0
Free cash flow (22) (31) (13) (28) (28) (23) (35) (36) 49 31
Balance, $m
Balance, $m Working capital 58 25 37 38 119 106 74 88 86 125
Total debt — — — 4 3 3 2 — — —
Net debt (62) (30) (46) (44) (124) (118) (84) (51) (103) (146)
Shareholders’ equity 64 29 37 38 120 107 78 66 55 103
Returns, %
Returns, % ROA (36.97) (67.46) (49.17) (51.12) (30.92) (25.29) (29.77) (17.40) (12.04) 26.03
ROIC (1,022.31) 0.00 0.00 0.00 0.00 0.00 0.00 (55.97) 0.00 0.00
ROE (41.07) (79.87) (67.93) (72.35) (37.57) (30.20) (36.55) (26.19) (23.63) 44.84
Negative figures in brackets.

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026

Charts ten years each

Compugen Ltd. vs peers in Biotechnology (Q) = latest quarter vs a year earlier

Company Market cap P/E Fwd P/E Revenue growth (Q) EPS growth (Q) FCF growth (Q) Gross margin (Q) EBIT margin (Q) Compare
LYEL Lyell Immunopharma, Inc. $195.8M — (loss-making) — (loss-making) −50.00% (below 0%: shrinking) n/m +1.31% (above 0%: growing) 100.00% (1,183,425.00%) Compare
RNAC Cartesian Therapeutics, Inc. $191.8M — (loss-making) — (loss-making) −92.91% (below 0%: shrinking) −7.84% (below 0%: shrinking) −6.15% (below 0%: shrinking) 100.00% 0.00% Compare
ACOG Alpha Cognition Inc. $191.7M — (loss-making) — +267.56% (above 0%: growing) n/m −109.25% (below 0%: shrinking) 94.80% (127.29%) Compare
IVVD Invivyd, Inc. $190.4M — (loss-making) — (loss-making) +21.20% (above 0%: growing) n/m −226.89% (below 0%: shrinking) 91.09% (320.76%) Compare
ELDN Eledon Pharmaceuticals, Inc. $190.2M — (loss-making) — — n/m −28.02% (below 0%: shrinking) 0.00% 0.00% Compare
CGEN Compugen Ltd. $187.6M 5.5× — (loss-making) +107.00% (above 0%: growing) n/m −155.42% (below 0%: shrinking) (3.54%) (339.62%)
UPB Upstream Bio, Inc. $187.3M — (loss-making) — (loss-making) −17.50% (below 0%: shrinking) n/m +9.33% (above 0%: growing) 100.00% (5,480.98%) Compare
SION Sionna Therapeutics, Inc. $185.0M — (loss-making) — — n/m −22.40% (below 0%: shrinking) — 0.00% Compare
BCYC Bicycle Therapeutics PLC Sponsored ADR $182.9M — (loss-making) — (loss-making) −78.46% (below 0%: shrinking) n/m +31.95% (above 0%: growing) 100.00% (8,673.93%) Compare
Median of peers $190.3M — — −33.75% — −14.27% 100.00% (224.02%)

All 614 Biotechnology stocks →

Compugen Ltd. (CGEN) key facts

  • Strength: Compugen Ltd.’s revenue for fiscal 2025 (year ended December 2025) was $72.8 million, up 161.1% from fiscal 2024.
  • Compugen Ltd. (CGEN) is a Biotechnology company in the Healthcare sector, listed on Nasdaq.
  • As of October 15, 2026, CGEN traded at $2.08, a market capitalization of $187.6 million.
  • Return on equity was 44.8% and debt-to-equity 0.00.
  • Its Piotroski F-score is 7 out of 9 and its Altman Z-score is −0.37 (distress zone) for fiscal 2025.

Source: company filings (standardised) and stockrow calculations.

Compugen Ltd. (CGEN) Latest News

4 Aug

Impact 3 · transcript

19 May

Impact 3 · transcript

6 Oct

Impact 3 ·
stockrow.com/CGEN · Data as of Jun 30, 2026 · For information only; not investment advice. · © 2026 stockrow.com