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CG Oncology, Inc. (CGON)

Healthcare | Biotechnology | Irvine, United States | NasdaqGS
71.54 USD +1.14 (1.620%) ⇧ (April 21, 2026, 12:33 p.m. EDT)

Short-term: ★★★★★ | Long-term: ☆☆☆☆☆ | Dividends: ☆☆☆☆☆
Hot Take | April 19, 2026, 12:29 a.m. EDT

Technical analysis points to a high-conviction momentum play driven by a massive short-covering potential spike. With a balance sheet that is nearly debt-free, the 1.5-month option data confirms traders are betting on a continued breakout above 73.43 toward the 75–80 zone, viewing the lower strikes (65 range) as a safety net rather than a barrier. The sentiment is overwhelmingly positive, with analysts raising targets and significant capital flowing into OTM calls to capture upside.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
MSTL ✓0.115170
AutoARIMA0.120546
AutoETS0.120548
AutoTheta0.120714

Forecast horizon: 45 days | Selected: MSTL

Forecast Reliability
Score 44%
H-stat 9.06
Ljung-Box p 0.000
Jarque-Bera p 0.135
Excess Kurtosis -1.26
Attribute Value
Sector Healthcare
Debt to Equity Ratio 0.933
Revenue per Share 0.052
Market Cap 6,040,494,080
Forward P/E -36.32
Beta 0.71
Website https://cgoncology.com

As of April 19, 2026, 12:29 a.m. EDT: Options activity reveals a heavily bullish and aggressive speculative atmosphere. In the 4-day and 4-week expirations, maximum Open Interest (OI) exists at strikes below the current price (65, 70), creating significant support near the 20-day RVOL. The most critical signal appears in the 2-month June 18 expiration, where over 9,000 calls at the 65 strike were accumulated, suggesting a definitive exit point or target if a rally occurs. While the 1.5-month July 17 expiration shows high OI at defensive strikes (35, 55) indicating some hedging, the sheer volume of calls in the near term dominates the sentiment, implying speculators are positioning for an immediate continuation of the recent 30%+ weekly rally rather than a correction.


Info Dump

Attribute Value
52 Week Change 2.4375
Address1 400 Spectrum Center Drive
Address2 Suite 2040
All Time High 73.56
All Time Low 14.8
Ask 72.01
Ask Size 1
Audit Risk 6
Average Analyst Rating 1.3 - Strong Buy
Average Daily Volume10 Day 1,309,090
Average Daily Volume3 Month 1,246,416
Average Volume 1,246,416
Average Volume10Days 1,309,090
Beta 0.705
Bid 51.11
Bid Size 2
Board Risk 9
Book Value 9.327
City Irvine
Compensation As Of Epoch Date 1,735,603,200
Compensation Risk 9
Country United States
Crypto Tradeable 0
Currency USD
Current Price 71.54
Current Ratio 24.629
Custom Price Alert Confidence HIGH
Date Short Interest 1,774,915,200
Day High 72.52
Day Low 69.595
Debt To Equity 0.933
Display Name CG Oncology
Earnings Timestamp 1,772,199,000
Earnings Timestamp End 1,778,157,000
Earnings Timestamp Start 1,778,157,000
Ebitda -189,328,992
Ebitda Margins 0.0
Enterprise To Ebitda -27.514
Enterprise To Revenue 1,289.382
Enterprise Value 5,209,103,872
Eps Current Year -2.39305
Eps Forward -1.96969
Eps Trailing Twelve Months -2.08
Esg Populated 0
Exchange NMS
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 62.3616
Fifty Day Average Change 9.178402
Fifty Day Average Change Percent 0.14718035
Fifty Two Week Change Percent 243.75
Fifty Two Week High 73.56
Fifty Two Week High Change -2.0199966
Fifty Two Week High Change Percent -0.027460532
Fifty Two Week Low 19.905
Fifty Two Week Low Change 51.635002
Fifty Two Week Low Change Percent 2.5940719
Fifty Two Week Range 19.905 - 73.56
Financial Currency USD
First Trade Date Milliseconds 1,706,193,000,000
Float Shares 69,041,819
Forward Eps -1.96969
Forward P E -36.32044
Free Cashflow -87,615,752
Full Exchange Name NasdaqGS
Full Time Employees 142
Gmt Off Set Milliseconds -14,400,000
Governance Epoch Date 1,775,001,600
Gross Margins 0.0
Gross Profits -117,248,000
Has Pre Post Market Data 1
Held Percent Insiders 0.00653
Held Percent Institutions 1.11633
Implied Shares Outstanding 84,435,200
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 Irvine, California.
Long Name CG Oncology, Inc.
Market us_market
Market Cap 6,040,494,080
Market State REGULAR
Max Age 86,400
Message Board Id finmb_115902660
Most Recent Quarter 1,767,139,200
Net Income To Common -160,995,008
Next Fiscal Year End 1,798,675,200
Non Diluted Market Cap 5,944,238,080
Number Of Analyst Opinions 14
Open 70.5
Operating Cashflow -132,346,000
Operating Margins -20.9733
Overall Risk 9
Payout Ratio 0.0
Phone 949 409 3700
Previous Close 70.4
Price Eps Current Year -29.894905
Price Hint 2
Price To Book 7.670205
Price To Sales Trailing12 Months 1,495.1718
Profit Margins 0.0
Quick Ratio 24.09
Quote Source Name Nasdaq Real Time Price
Quote Type EQUITY
Recommendation Key strong_buy
Recommendation Mean 1.26667
Region US
Regular Market Change 1.1399994
Regular Market Change Percent 1.6197776
Regular Market Day High 72.52
Regular Market Day Low 69.595
Regular Market Day Range 69.595 - 72.52
Regular Market Open 70.5
Regular Market Previous Close 70.4
Regular Market Price 71.54
Regular Market Time 1,776,789,223
Regular Market Volume 329,067
Return On Assets -0.15421
Return On Equity -0.21669
Revenue Growth 4.092
Revenue Per Share 0.052
Sand P52 Week Change 0.34445214
Sector Healthcare
Sector Disp Healthcare
Sector Key healthcare
Share Holder Rights Risk 8
Shares Outstanding 84,435,200
Shares Percent Shares Out 0.1248
Shares Short 10,536,784
Shares Short Previous Month Date 1,772,150,400
Shares Short Prior Month 9,293,407
Short Name CG Oncology, Inc.
Short Percent Of Float 0.1314
Short Ratio 6.54
Source Interval 15
State CA
Symbol CGON
Target High Price 108.0
Target Low Price 70.0
Target Mean Price 87.42857
Target Median Price 87.5
Total Cash 742,155,008
Total Cash Per Share 8.79
Total Debt 7,021,000
Total Revenue 4,040,000
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing Eps -2.08
Trailing Peg Ratio None
Triggerable 1
Two Hundred Day Average 44.00845
Two Hundred Day Average Change 27.531551
Two Hundred Day Average Change Percent 0.62559694
Type Disp Equity
Volume 329,067
Website https://cgoncology.com
Zip 92,618