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CG Oncology, Inc. (CGON)

Healthcare | Biotechnology | Dallas, United States | NasdaqGS
72.50 USD -2.74 (-3.642%) ⇩ (July 13, 2026, 4 p.m. EDT)
After hours: 72.55 +0.05 (0.069%) ⇧ (July 13, 2026, 7:15 p.m. EDT)

Short-term:★★★★☆Long-term:★★⯪☆☆Dividends:☆☆☆☆☆
Hot Take | July 11, 2026, 6:03 a.m. EDT

CG Oncology is a high-volatility biotech play currently trading near its yearly peak, fueled by recent clinical milestones and revenue growth that outpaced estimates. Despite a strong analyst consensus and a robust balance sheet with over a billion dollars in cash against minimal debt, the company remains unprofitable with a valuation that stretches credibility. The recent price action suggests aggressive optimism, yet options flow shows a defensive undercurrent with significant put buying at lower strikes, hinting at fear of a correction. Without a dividend and with earnings still in the red, this is a speculative vehicle suitable only for investors comfortable with binary outcomes. The limited historical price data prevents a confident assessment of long-term stability, reinforcing the need to view this primarily as a short-term momentum trade rather than a core holding.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
MSTL_103 ✓0.065952
AutoARIMA0.071874
AutoETS0.071875
AutoTheta0.072519
MSTL0.072625

Forecast horizon: 60 days | Selected: MSTL_103

Forecast Reliability
Score 36%
H-stat 6.16
Ljung-Box p 0.000
Jarque-Bera p 0.649
Excess Kurtosis -0.54
Attribute Value
Sector Healthcare
Debt to Equity Ratio 0.694
Revenue per Share 0.064
Market Cap 6,394,679,296
Forward P/E -26.09
Beta 0.22
Website https://cgoncology.com

As of July 11, 2026, 6:03 a.m. EDT: Call buyers are positioning for upside with significant open interest at 80-90 strikes, while put buyers are heavily hedging downside risk at 40-70 strikes. Implied volatility is elevated across expirations.


Info Dump

Attribute Value
52 Week Change 1.9050193
Address1 3,000 Pegasus Park Drive
Address2 Suite 1640
All Time High 77.0
All Time Low 14.8
Ask 91.39
Ask Size 2
Audit Risk 6
Average Analyst Rating 1.4 - Strong Buy
Average Daily Volume10 Day 1,397,360
Average Daily Volume3 Month 1,069,640
Average Volume 1,069,640
Average Volume10Days 1,397,360
Beta 0.219
Bid 53.42
Bid Size 2
Board Risk 8
Book Value 12.405
City Dallas
Compensation As Of Epoch Date 1,767,139,200
Compensation Risk 8
Country United States
Crypto Tradeable 0
Currency USD
Current Price 72.5
Current Ratio 31.297
Custom Price Alert Confidence HIGH
Date Short Interest 1,782,777,600
Day High 74.75
Day Low 70.715
Debt To Equity 0.694
Display Name CG Oncology
Earnings Timestamp 1,778,243,400
Earnings Timestamp End 1,786,105,800
Earnings Timestamp Start 1,786,105,800
Ebitda -212,696,992
Ebitda Margins 0.0
Enterprise To Ebitda -25.04
Enterprise To Revenue 1,050.288
Enterprise Value 5,326,012,416
Eps Current Year -2.65514
Eps Forward -2.77916
Eps Trailing Twelve Months -2.34
Esg Populated 0
Exchange NMS
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 64.9742
Fifty Day Average Change 7.5258026
Fifty Day Average Change Percent 0.11582756
Fifty Two Week Change Percent 190.50192
Fifty Two Week High 77.0
Fifty Two Week High Change -4.5
Fifty Two Week High Change Percent -0.058441557
Fifty Two Week Low 23.65
Fifty Two Week Low Change 48.85
Fifty Two Week Low Change Percent 2.0655391
Fifty Two Week Range 23.65 - 77.0
Financial Currency USD
First Trade Date Milliseconds 1,706,193,000,000
Float Shares 65,823,742
Forward Eps -2.77916
Forward P E -26.087019
Free Cashflow -105,890,376
Full Exchange Name NasdaqGS
Full Time Employees 142
Gmt Off Set Milliseconds -14,400,000
Governance Epoch Date 1,782,864,000
Gross Margins 0.0
Gross Profits -135,442,000
Has Pre Post Market Data 1
Held Percent Insiders 0.00229
Held Percent Institutions 1.09902
Implied Shares Outstanding 88,202,473
Industry Biotechnology
Industry Disp Biotechnology
Industry Key biotechnology
Ipo Expected Date 2,024-01-25
Is Earnings Date Estimate 1
Language en-US
Last Fiscal Year End 1,767,139,200
Long Business Summary CG Oncology, Inc., a late-stage clinical biopharmaceutical company, develops and commercializes cretostimogene grenadenorepvec for patients with bladder cancer in the United States. The company's product candidate is cretostimogene, an investigational oncolytic immunotherapy, which is in phase 2 clinical trials of cretostimogene in patients with high-risk NMIBC after BCG failure; a phase 3 clinical trials to evaluate the safety and efficacy of cretostimogene as monotherapy in the treatment of patients who have received adequate BCG therapy with high-risk BCG-unresponsive, CIS-containing NMIBC and BCG-unresponsive Ta, or T1 papillary tumors; phase 3 BOND-003 Cohort C trials as a single agent; phase 3 BOND-003 Cohort P as a single agent in patients with BCG-UR papillary-only NMIBC. It also develops cretostimogene monotherapy for intermediate-risk NMIBC following TURBT, which is in phase 3 PIVOT-006 clinical trials to assess the safety and efficacy of adjuvant cretostimogene; and cretostimogene monotherapy for high-risk NMIBC in phase 2 CORE-008 clinical trials to assess the safety and clinical outcomes of cretostimogene in treating patients with high-risk NMIBC, including BCG-exposed and BCG-naïve NMIBC. The company was formerly known as Cold Genesys, Inc. and changed its name to CG Oncology, Inc. in June 2020. CG Oncology, Inc. was founded in 2010 and is headquartered in Dallas, Texas.
Long Name CG Oncology, Inc.
Market us_market
Market Cap 6,394,679,296
Market State PREPRE
Max Age 86,400
Message Board Id finmb_115902660
Most Recent Quarter 1,774,915,200
Net Income To Common -186,744,992
Next Fiscal Year End 1,798,675,200
Non Diluted Market Cap 6,636,354,068
Number Of Analyst Opinions 14
Open 74.75
Operating Cashflow -160,012,000
Operating Margins -61.30102
Overall Risk 8
Payout Ratio 0.0
Phone 949 409 3700
Post Market Change 0.05000305
Post Market Change Percent 0.06896973
Post Market Price 72.55
Post Market Time 1,783,984,526
Previous Close 75.24
Price Eps Current Year -27.305529
Price Hint 2
Price To Book 5.8444176
Price To Sales Trailing12 Months 1,261.0293
Profit Margins 0.0
Quick Ratio 30.597
Quote Source Name Nasdaq Real Time Price
Quote Type EQUITY
Recommendation Key strong_buy
Recommendation Mean 1.375
Region US
Regular Market Change -2.74
Regular Market Change Percent -3.64168
Regular Market Day High 74.75
Regular Market Day Low 70.715
Regular Market Day Range 70.715 - 74.75
Regular Market Open 74.75
Regular Market Previous Close 75.24
Regular Market Price 72.5
Regular Market Time 1,783,972,801
Regular Market Volume 985,784
Return On Assets -0.14419
Return On Equity -0.20788999
Revenue Growth 19.827
Revenue Per Share 0.064
Sand P52 Week Change 0.20847368
Sector Healthcare
Sector Disp Healthcare
Sector Key healthcare
Share Holder Rights Risk 8
Shares Outstanding 88,202,473
Shares Percent Shares Out 0.1368
Shares Short 12,068,774
Shares Short Previous Month Date 1,780,012,800
Shares Short Prior Month 9,810,951
Short Name CG Oncology, Inc.
Short Percent Of Float 0.1393
Short Ratio 9.67
Source Interval 15
State TX
Symbol CGON
Target High Price 108.0
Target Low Price 80.0
Target Mean Price 90.28571
Target Median Price 88.5
Total Cash 1,076,242,048
Total Cash Per Share 12.202
Total Debt 7,575,000
Total Revenue 5,071,000
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing Eps -2.34
Trailing Peg Ratio None
Triggerable 1
Two Hundred Day Average 54.411224
Two Hundred Day Average Change 18.088776
Two Hundred Day Average Change Percent 0.33244565
Type Disp Equity
Volume 985,784
Website https://cgoncology.com
Zip 75,247