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OCUL stock logo

OCUL

Ocular Therapeutix, Inc.

$8.49
0.16
 (1.92%)
Exchange:  NASDAQ
Market Cap:  1.848B
Shares Outstanding:  2.953M
Overview
Earnings
Financials
Valuation
Chart

About The Company

Sector:  Healthcare
Industry:  Biotechnology
   
CEO:  Pravin U. Dugel
Full Time Employees:  274
Address: 
24 Crosby Drive
Bedford
MA
1730
US
Website:  https://www.ocutx.com
Ocular Therapeutix, Inc., a biopharmaceutical company, focuses on the formulation, development, and commercialization of therapies for diseases and conditions of the eye using its bioresorbable hydrogel-based formulation technology. The company markets ReSure Sealant, an ophthalmic device to prevent wound leaks in corneal incisions following cataract surgery; and DEXTENZA, a dexamethasone ophthalmic insert to treat post-surgical ocular inflammation and pain following ophthalmic surgery, as well as allergic conjunctivitis. It is also developing OTX-TKI, an axitinib intravitreal implant that is in phase 1 clinical trials for the treatment of wet age-related macular degeneration and other retinal diseases; OTX-TIC, a travoprost intracameral implant, which is in phase 2 clinical trials for the treatment of open-angle glaucoma or ocular hypertension; OTX-CSI, a cyclosporine intracanalicular insert that has completed phase 2 clinical trials for the treatment of dry eye disease; and OTX-DED, a dexamethasone intracanalicular insert, which is in phase 2 clinical trials for the short-term treatment of the signs and symptoms of dry eye disease. The company has a strategic collaboration with Regeneron Pharmaceuticals, Inc. (Regeneron) for the development and commercialization of products using the Company’s sustained-release hydrogel in combination with Regeneron’s large molecule VEGF-targeting compounds for the treatment of retinal diseases; and AffaMed Therapeutics Limited for the development and commercialization of DEXTENZA and OTX-TIC, as well as a discovery collaboration with Mosaic Biosciences to identify new targets and therapeutic agents for the treatment of dry age-related macular degeneration (dMAD). Ocular Therapeutix, Inc. was incorporated in 2006 and is headquartered in Bedford, Massachusetts.

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Revenue Segmentation

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EPS

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Earnings Call

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Earnings transcript

Read the complete earnings call transcript.

AI summary

Key takeaways

Short, structured highlights from the call so you can focus on what matters.

2025/08/05 — Q2 quarter 2025

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Income Statement
Balance Sheet
Cash Flow Statement
Analyst Estimates

Income Statement

Year202320242025
Revenue58,44363,72351,823
Gross Profit53,16258,09745,249
EBITDA-66,415-176,143-249,781
Operating Income-82,382-171,781-270,017
Net Income-80,736-193,506-265,939

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(* All numbers are in thousands)

Balance Sheet

Year202320242025
Total Assets252,060457,935808,057
Total Liabilities160,929142,591153,747
Total Stockholders Equity91,131315,344654,310
Total Debt83,38975,78376,968
Cash and Cash Equivalents195,807392,102737,060

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Cash Flow Statement

Year202320242025
Operating Cash Flow-70,234-134,677-204,883
Capital Expenditure-6,087-1,288-12,010
Free Cash Flow-76,321-135,965-216,893
Net Income-80,736-193,506-265,939
Net Change in Cash93,507196,145344,958

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(* All numbers are in thousands)

Analyst Estimates

Fiscal Year2030Full AccessFull AccessFull AccessFull Access
Estimated Revenue (Low)643,925.958Full AccessFull AccessFull AccessFull Access
Estimated Revenue (High)1,963,442.195Full AccessFull AccessFull AccessFull Access
Estimated Revenue (Avg)1,023,986.667Full AccessFull AccessFull AccessFull Access
Estimated Ebitda (Low)-1,547,844.975Full AccessFull AccessFull AccessFull Access
Estimated Ebitda (High)-507,627.655Full AccessFull AccessFull AccessFull Access
Estimated Ebitda (Avg)-807,241.802Full AccessFull AccessFull AccessFull Access
Estimated Net Income (Low)143,245.352Full AccessFull AccessFull AccessFull Access
Estimated Net Income (High)606,945.142Full AccessFull AccessFull AccessFull Access
Estimated Net Income (Avg)276,804.703Full AccessFull AccessFull AccessFull Access
Estimated SGA Expense (Low)1,043,661.948Full AccessFull AccessFull AccessFull Access
Estimated SGA Expense (High)3,182,306.727Full AccessFull AccessFull AccessFull Access
Estimated SGA Expense (Avg)1,659,656.529Full AccessFull AccessFull AccessFull Access
Estimated EPS (Avg)1.480Full AccessFull AccessFull AccessFull Access
Estimated EPS (High)3.240Full AccessFull AccessFull AccessFull Access
Estimated EPS (Low)0.770Full AccessFull AccessFull AccessFull Access
Number of Analysts (Estimated Revenue)3Full AccessFull AccessFull AccessFull Access
Number of Analysts (Estimated EPS)2Full AccessFull AccessFull AccessFull Access

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(* All numbers are in thousands)

Current Key Metrics

?Revenue
 (TTM)
: 
63.723M  ?P/S
 (TTM)
: 
41.15
?Net Income
 (TTM)
: 
-193506000  ?P/E
 (TTM)
: 
-8.23
?Enterprise Value
 (TTM)
: 
1.478B  ?EV/FCF
 (TTM)
: 
-6.81
?Dividend Yield
 (TTM)
: 
0  ?Payout Ratio
 (TTM)
: 
0
?ROE
 (TTM)
: 
-0.72  ?ROIC
 (TTM)
: 
-0.36
?Net Debt
 (TTM)
: 
-316319000  ?Debt/Equity
 (TTM)
: 
0.12
?P/B
 (TTM)
: 
3.35  ?Current Ratio
 (TTM)
: 
15.39

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Forward P/E Ratios

?

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Forward P/E 1YFull AccessFull AccessFull AccessFull Access
N/AFull AccessFull AccessFull AccessFull Access

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SWOT Analysis

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Intrinsic Value Calculator

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Calculate OCUL Intrinsic Value

Common questions about OCUL valuation

Is Ocular Therapeutix, Inc. (OCUL) overvalued or undervalued right now?

MARKETSnap estimates intrinsic value for Ocular Therapeutix, Inc. (OCUL) using its proprietary valuation methodology, which incorporates discounted cash flow (DCF) analysis together with long-term earnings and fundamentals assumptions. By comparing intrinsic value to the current market price, long-term investors can see whether the stock screens as potentially overvalued, fairly valued, or undervalued today.

Is OCUL a buy, hold, or sell for long-term investors?

MARKETSnap does not give one-word “buy” or “sell” calls. Instead, it shows whether OCUL trades at a premium or discount to its estimated intrinsic value, how sensitive that value is to growth and margin assumptions, and how the stock fits into a diversified, long-term portfolio so investors can make their own buy, hold, or sell decision.

What is OCUL’s P/E ratio?

You can see OCUL’s trailing P/E (TTM) and forward P/E estimates in the Current Key Metrics and Forward P/E Ratios sections above. The P/E ratio compares the current share price to earnings per share and helps investors gauge valuation relative to earnings.

How is intrinsic value calculated for OCUL?

MARKETSnap uses its own valuation framework—not a generic spreadsheet DCF alone. Future cash flows and earnings are projected, discounted, and combined with MARKETSnap’s methodology so intrinsic value reflects fundamentals and long-term assumptions. You can run your own inputs and see the result using the Intrinsic Value Calculator above.

Is OCUL a good long-term investment?

Whether OCUL fits a long-term portfolio depends on your assumptions about growth, margins, and risk. MARKETSnap provides the metrics, intrinsic value calculator, and SWOT context so you can form your own view rather than rely on a single buy/sell rating.

OCUL

1-day price chart preview. Log in for 1W through 5Y ranges and period tabs.

Daily snapshot

1.92
MARKETSnap

Trading Metrics:

Open: 8.14   Previous Close: 8.33
Day Low: 8.09   Day High: 8.73
Year Low: 5.8   Year High: 16.44
Price Avg 50: 9.04   Price Avg 200: 11.1
Volume: 4.343M   Average Volume: 5.69M

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See in Nexus

Relevant news

Ocular Therapeutix, Inc. (NASDAQ:OCUL) Receives Average Rating of “Moderate Buy” from Analysts
15-12-2025 02:06
Ocular Therapeutix, Inc. (NASDAQ:OCUL) Receives Average Rating of “Moderate Buy” from Analysts
EyePoint sues rival Ocular Therapeutix, alleging false claims about eye drug
20-03-2026 17:24
EyePoint sues rival Ocular Therapeutix, alleging false claims about eye drug
Ocular Therapeutix, Inc. (OCUL) Discusses Phase III SOL-1 Data Highlighting Transformative Durability in Wet AMD Transcript
02-03-2026 16:37
Ocular Therapeutix, Inc. (OCUL) Discusses Phase III SOL-1 Data Highlighting Transformative Durability in Wet AMD Transcript
Ocular Therapeutix Shares Jump After AXPAXLI Hits SOL-1 Phase 3 Endpoint in Wet AMD
24-02-2026 03:13
Ocular Therapeutix Shares Jump After AXPAXLI Hits SOL-1 Phase 3 Endpoint in Wet AMD
Ocular Therapeutix Shareholders Are Encouraged to Reach Out to Johnson Fistel for More Information About Potentially Recovering Their Losses
18-02-2026 13:04
Ocular Therapeutix Shareholders Are Encouraged to Reach Out to Johnson Fistel for More Information About Potentially Recovering Their Losses
Ocular Therapeutix (OCUL) Reports Q4 Loss, Misses Revenue Estimates
05-02-2026 09:11
Ocular Therapeutix (OCUL) Reports Q4 Loss, Misses Revenue Estimates

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