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CG Oncology, Inc. (CGON)

Healthcare | Biotechnology | Dallas, United States | NasdaqGS
74.34 USD -4.67 (-5.911%) ⇩ (Aug. 28, 2026, 4 p.m. EDT)
After hours: 73.91 -0.43 (-0.430%) ⇩ (Aug. 28, 2026, 7:30 p.m. EDT)

Short-term:★★★☆☆Long-term:★★⯪☆☆Dividends:☆☆☆☆☆
Hot Take | Aug. 22, 2026, 6 a.m. EDT

The stock is rallying hard in the short term, gaining over ten percent in the last two weeks, driven by positive trial results and analyst optimism. However, this momentum clashes with the reality of the business, which is burning cash and posting losses. Insiders are actively selling shares, a stark warning sign that contradicts the bullish analyst consensus. The valuation is detached from current performance, trading at a massive premium despite negative earnings. Because the price history covers only a single year, it is difficult to confirm whether the recent decline was a temporary setback or a structural issue. For now, the trade feels like a speculative gamble on a pipeline rather than a sound investment in a profitable company.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
AutoTheta ✓0.099800
AutoARIMA0.114886
AutoETS0.114887
MSTL0.117092

Forecast horizon: 45 days | Selected: AutoTheta

Forecast Reliability
Score 40%
H-stat 1.16
Ljung-Box p 0.000
Jarque-Bera p 0.046
Excess Kurtosis -0.85
Attribute Value
Sector Healthcare
Debt to Equity Ratio 0.857
Revenue per Share 0.076
Market Cap 6,589,524,992
Forward P/E -24.61
Beta 0.23
Website https://cgoncology.com

As of Aug. 22, 2026, 6 a.m. EDT: Speculators are pricing in high volatility with elevated implied volatility across expirations. While near-term puts indicate hedging against a potential correction, long-dated calls at strikes significantly above the current price suggest a belief in eventual recovery or approval milestones. The heavy put volume in October contrasts with the deep out-of-the-money call interest in January 2027.


Info Dump

Attribute Value
52 Week Change 1.877276
Address1 3,000 Pegasus Park Drive
Address2 Suite 1640
All Time High 80.97
All Time Low 14.8
Ask 95.48
Ask Size 2
Audit Risk 6
Average Analyst Rating 1.4 - Strong Buy
Average Daily Volume10 Day 706,810
Average Daily Volume3 Month 985,738
Average Volume 985,738
Average Volume10Days 706,810
Beta 0.23
Bid 56.06
Bid Size 2
Board Risk 8
Book Value 11.654
City Dallas
Compensation As Of Epoch Date 1,767,139,200
Compensation Risk 8
Country United States
Crypto Tradeable 0
Currency USD
Current Price 74.34
Current Ratio 22.219
Custom Price Alert Confidence HIGH
Date Short Interest 1,786,665,600
Day High 78.155
Day Low 73.93
Debt To Equity 0.857
Display Name CG Oncology
Earnings Timestamp 1,786,019,400
Earnings Timestamp End 1,794,227,400
Earnings Timestamp Start 1,794,227,400
Ebitda -249,663,008
Ebitda Margins 0.0
Enterprise To Ebitda -22.31
Enterprise To Revenue 894.359
Enterprise Value 5,570,066,432
Eps Current Year -3.20456
Eps Forward -3.02065
Eps Trailing Twelve Months -2.69
Esg Populated 0
Exchange NMS
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 72.5794
Fifty Day Average Change 1.7605972
Fifty Day Average Change Percent 0.024257533
Fifty Two Week Change Percent 187.7276
Fifty Two Week High 80.97
Fifty Two Week High Change -6.630005
Fifty Two Week High Change Percent -0.08188224
Fifty Two Week Low 26.245
Fifty Two Week Low Change 48.094994
Fifty Two Week Low Change Percent 1.8325392
Fifty Two Week Range 26.245 - 80.97
Financial Currency USD
First Trade Date Milliseconds 1,706,193,000,000
Float Shares 64,732,293
Forward Eps -3.02065
Forward P E -24.610596
Free Cashflow -113,709,872
Full Exchange Name NasdaqGS
Full Time Employees 142
Fullday Change -4.67001
Fullday Change Percent -5.91065
Fullday Price 73.91
Gmt Off Set Milliseconds -14,400,000
Governance Epoch Date 1,785,542,400
Gross Margins 0.0
Gross Profits -161,535,008
Has Pre Post Market Data 1
Held Percent Insiders 0.00228
Held Percent Institutions 1.1361
Implied Shares Outstanding 88,640,375
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 6,589,524,992
Market State CLOSED
Max Age 86,400
Message Board Id finmb_115902660
Most Recent Quarter 1,782,777,600
Net Income To Common -224,375,008
Next Fiscal Year End 1,798,675,200
Non Diluted Market Cap 7,007,908,047
Number Of Analyst Opinions 13
Open 78.15
Operating Cashflow -178,467,008
Operating Margins -74.67675
Overall Risk 8
Payout Ratio 0.0
Phone 949 409 3700
Post Market Change -0.42999268
Post Market Change Percent -0.57841367
Post Market Price 73.91
Post Market Time 1,787,959,806
Previous Close 79.01
Price Eps Current Year -23.19819
Price Hint 2
Price To Book 6.3789253
Price To Sales Trailing12 Months 1,058.0483
Profit Margins 0.0
Quick Ratio 21.776
Quote Source Name Nasdaq Real Time Price
Quote Type EQUITY
Recommendation Key strong_buy
Recommendation Mean 1.4
Region US
Regular Market Change -4.67001
Regular Market Change Percent -5.91065
Regular Market Day High 78.155
Regular Market Day Low 73.93
Regular Market Day Range 73.93 - 78.155
Regular Market Open 78.15
Regular Market Previous Close 79.01
Regular Market Price 74.34
Regular Market Time 1,787,947,201
Regular Market Volume 612,555
Return On Assets -0.1767
Return On Equity -0.26405
Revenue Per Share 0.076
Sand P52 Week Change 0.20504117
Sector Healthcare
Sector Disp Healthcare
Sector Key healthcare
Share Holder Rights Risk 8
Shares Outstanding 88,640,375
Shares Percent Shares Out 0.1269
Shares Short 11,248,462
Shares Short Previous Month Date 1,784,073,600
Shares Short Prior Month 12,105,610
Short Name CG Oncology, Inc.
Short Percent Of Float 0.1292
Short Ratio 12.96
Source Interval 15
State TX
Symbol CGON
Target High Price 108.0
Target Low Price 79.0
Target Mean Price 91.07692
Target Median Price 90.0
Total Cash 1,028,278,016
Total Cash Per Share 11.601
Total Debt 8,819,000
Total Revenue 6,228,000
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing Eps -2.69
Trailing Peg Ratio None
Triggerable 1
Two Hundred Day Average 60.04755
Two Hundred Day Average Change 14.292446
Two Hundred Day Average Change Percent 0.23801881
Type Disp Equity
Volume 612,555
Website https://cgoncology.com
Zip 75,247