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Healthcare - Biotechnology - NASDAQ - US
$ 3.3
2.96 %
$ 17.7 M
Market Cap
-3.27
P/E
1. INTRINSIC VALUE

This DCF valuation model was last updated on Jun, 22, 2025.

The intrinsic value of one LPCN stock under the worst case scenario is HIDDEN Compared to the current market price of 3.3 USD, Lipocine Inc. is HIDDEN

This DCF valuation model was last updated on Jun, 22, 2025.

The intrinsic value of one LPCN stock under the base case scenario is HIDDEN Compared to the current market price of 3.3 USD, Lipocine Inc. is HIDDEN

This DCF valuation model was last updated on Jun, 22, 2025.

The intrinsic value of one LPCN stock under the best case scenario is HIDDEN Compared to the current market price of 3.3 USD, Lipocine Inc. is HIDDEN

2. FUNDAMENTAL ANALYSIS

Price Chart LPCN

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$5.5$5.5$5.0$5.0$4.5$4.5$4.0$4.0$3.5$3.5$3.0$3.0$2.5$2.5Jan '25Jan '2515 Jan15 JanFeb '25Feb '2515 Feb15 FebMar '25Mar '2515 Mar15 MarApr '25Apr '2515 Apr15 AprMay '25May '2515 May15 MayJun '25Jun '2515 Jun15 Jun
FINANCIALS
11.2 M REVENUE
492.80%
-1.16 M OPERATING INCOME
93.56%
8.35 K NET INCOME
100.05%
-1.22 M OPERATING CASH FLOW
89.71%
2.45 M INVESTING CASH FLOW
-81.31%
209 K FINANCING CASH FLOW
-48.26%
93.9 K REVENUE
-97.31%
-2.09 M OPERATING INCOME
-135.25%
-1.86 M NET INCOME
-104.64%
-1.97 M OPERATING CASH FLOW
-115.71%
-882 K INVESTING CASH FLOW
-115.90%
0 FINANCING CASH FLOW
0.00%
Balance Sheet Lipocine Inc.
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Current Assets 22.3 M
Cash & Short-Term Investments 21.6 M
Receivables 120 K
Other Current Assets 568 K
Non-Current Assets 189 K
Long-Term Investments 0
PP&E 165 K
Other Non-Current Assets 23.8 K
96.10 %Total Assets$22.5m
Current Liabilities 1.51 M
Accounts Payable 272 K
Short-Term Debt 0
Other Current Liabilities 1.24 M
Non-Current Liabilities 0
Long-Term Debt 0
Other Non-Current Liabilities 0
17.96 %82.04 %Total Liabilities$1.5m
EFFICIENCY
Earnings Waterfall Lipocine Inc.
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Revenue 11.2 M
Cost Of Revenue 7.35 M
Gross Profit 3.85 M
Operating Expenses 5 M
Operating Income -1.16 M
Other Expenses -1.16 M
Net Income 8.35 K
12m12m10m10m8m8m6m6m4m4m2m2m00(2m)(2m)11m(7m)4m(5m)(1m)1m8kRevenueRevenueCost Of RevenueCost Of RevenueGross ProfitGross ProfitOperating ExpensesOperating ExpensesOperating IncomeOperating IncomeOther ExpensesOther ExpensesNet IncomeNet Income
RATIOS
34.35% GROSS MARGIN
34.35%
-10.31% OPERATING MARGIN
-10.31%
0.07% NET MARGIN
0.07%
0.04% ROE
0.04%
0.04% ROA
0.04%
-5.09% ROIC
-5.09%
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis Lipocine Inc.
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00(2m)(2m)(4m)(4m)(6m)(6m)(8m)(8m)(10m)(10m)(12m)(12m)(14m)(14m)(16m)(16m)(18m)(18m)(20m)(20m)20162016201720172018201820192019202020202021202120222022202320232024202420252025
Net Income 8.35 K
Depreciation & Amortization 41.1 K
Capital Expenditures -90.1 K
Stock-Based Compensation 409 K
Change in Working Capital -964 K
Others -555 K
Free Cash Flow -1.31 M
3. WALL STREET ANALYSTS ESTIMATES
Wall Street Analysts Price Targets Lipocine Inc.
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Wall Street analysts predict an average 1-year price target for LPCN of $10 , with forecasts ranging from a low of $10 to a high of $10 .
LPCN Lowest Price Target Wall Street Target
10 USD 203.03%
LPCN Average Price Target Wall Street Target
10 USD 203.03%
LPCN Highest Price Target Wall Street Target
10 USD 203.03%
Price
Max Price Target
Min Price Target
Average Price Target
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4. DIVIDEND ANALYSIS
5. COMPETITION
slide 2 of 14
6. Ownership
Insider Ownership Lipocine Inc.
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Sold
0-3 MONTHS
0 USD 0
3-6 MONTHS
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6-9 MONTHS
0 USD 0
9-12 MONTHS
0 USD 0
Bought
0 USD 0
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9-12 MONTHS
7. News
Lipocine Announces Filing of New Drug Submission for TLANDO® in Canada New Drug Submission filed by Lipocine's licensing partner Verity Pharma Over 700,000 total prescriptions written annually for testosterone replacement therapy (TRT) in Canada, representing large commercial opportunity SALT LAKE CITY , June 9, 2025 /PRNewswire/ -- Lipocine Inc. (NASDAQ: LPCN), a biopharmaceutical company leveraging its proprietary technology platform to enable effective oral delivery of therapeutics, today announced that its licensing partner, Verity Pharma, filed a New Drug Submission (NDS) for TLANDO® in Canada.  TLANDO is the first and only oral testosterone replacement therapy (TRT) option approved by the US Food and Drug Administration (FDA) that does not require dose titration. prnewswire.com - 3 weeks ago
Lipocine's LPCN 1148 Highlighted in the June 2025 Edition of Hepatology SALT LAKE CITY , May 22, 2025 /PRNewswire/ -- Lipocine Inc. (NASDAQ: LPCN), a biopharmaceutical company leveraging its proprietary technology platform to augment therapeutics through effective oral delivery, today announced that its development candidate LPCN 1148 for men with cirrhosis is featured in the "Hepatology Highlights" section of the June 2025 edition of Hepatology. The article "LPCN 1148: Rebuilding muscle memory in cirrhosis patients" was contributed by Dr. Kevin Harris of the Division of Gastroenterology and Hepatology, Mayo Clinic, Minnesota. prnewswire.com - 1 month ago
Lipocine to Present at A.G.P.'s Annual Healthcare Company Showcase SALT LAKE CITY , May 14, 2025 /PRNewswire/ -- Lipocine Inc. (NASDAQ: LPCN), a biopharmaceutical company leveraging its proprietary technology platform to augment therapeutics through effective oral delivery, today announced that it will present at A.G.P.'s Annual Healthcare Company Showcase being held virtually on Wednesday, May 21, 2025. prnewswire.com - 1 month ago
Lipocine Announces Financial Results for the First Quarter Ended March 31, 2025 SALT LAKE CITY , May 8, 2025 /PRNewswire/ -- Lipocine Inc. (NASDAQ: LPCN), a biopharmaceutical company leveraging its proprietary technology platform to augment therapeutics through effective oral delivery, today announced financial results for the first quarter ended March 31, 2025 and provided a corporate update. Neuroactive Steroids Lipocine has initiated an outpatient Phase 3 safety and efficacy study of LPCN 1154, a non-invasive, rapid onset, oral formulation of brexanolone for the treatment of postpartum depression (PPD). prnewswire.com - 1 month ago
Lipocine Announces License and Supply Agreement for TLANDO® in Brazil SALT LAKE CITY , May 6, 2025 /PRNewswire/ -- Lipocine Inc. (NASDAQ: LPCN), a biopharmaceutical company leveraging its proprietary technology platform to enable effective oral delivery of therapeutics, today announced that it has entered into license and supply agreement with Aché Laboratórios Farmacêuitcos S.A (Aché) granting exclusive rights to market TLANDO® in Brazil. The market for prescription testosterone products in Brazil is substantial and rapidly growing with compound annual growth rate (CAGR) of 34% from 2019 to 2023 and no oral testosterone therapy registered in Brazil. prnewswire.com - 1 month ago
Lipocine Announces Initiation of Outpatient Phase 3 Postpartum Depression Trial of LPCN 1154 48 hour at-home dosing Patient dosing expected in Q2/2025 SALT LAKE CITY , March 26, 2025 /PRNewswire/ -- Lipocine Inc. (NASDAQ: LPCN), a biopharmaceutical company leveraging its proprietary technology platform to enable effective oral delivery of therapeutics, today announced the initiation of a Phase 3 trial for LPCN 1154 (oral brexanolone) which is in development for the treatment of postpartum depression (PPD).   Based on observed comparable exposure of LPCN 1154 and the reference drug established in the pharmacokinetic (PK) bridge study, the company is initiating a phase 3 safety and efficacy study with expected first patient dosed in the second quarter of 2025. prnewswire.com - 3 months ago
Lipocine Announces Financial Results for the Full Year Ended December 31, 2024 SALT LAKE CITY , March 13, 2025 /PRNewswire/ -- Lipocine Inc. (NASDAQ: LPCN), a biopharmaceutical company leveraging its proprietary technology platform to augment therapeutics through effective oral delivery, today announced financial results for the year ended December 31, 2024, and provided a corporate update. Oral Brexanolone LPCN 1154 is an oral formulation of the neuroactive steroid brexanolone that Lipocine is developing for the rapid treatment of postpartum depression (PPD). prnewswire.com - 3 months ago
Lipocine Announces FDA Labeling Changes for Testosterone Products SALT LAKE CITY , March 12, 2025 /PRNewswire/ -- Lipocine Inc. (NASDAQ: LPCN), a biopharmaceutical company leveraging its proprietary technology platform to augment therapeutics through effective oral delivery, today announced that the U.S. Food and Drug Administration (FDA) has recently informed sponsors of approved testosterone products about class-wide labeling changes. This decision follows the Agency's review of the findings from the Testosterone Replacement Therapy for Assessment of Long-term Vascular Events and Efficacy Response in Hypogonadal Men (TRAVERSE) clinical trial and the results from required post market ambulatory blood pressure (ABPM) studies. prnewswire.com - 3 months ago
Lipocine Receives Updated Regulatory Guidance on LPCN 1154 SALT LAKE CITY , Feb. 6, 2025 /PRNewswire/ -- Lipocine Inc. (NASDAQ: LPCN), a biopharmaceutical company leveraging its proprietary technology platform to augment therapeutics through effective oral delivery, today announced receipt of revised regulatory guidance for LPCN 1154 which the Company is developing for postpartum depression (PPD) treatment.  As previously disclosed, the Company was scheduled to meet with the U.S. Food and Drug Administration (FDA or the Division) in Q1 2025 to discuss the NDA submission package of LPCN 1154. prnewswire.com - 4 months ago
FDA Grants Fast Track Designation to Lipocine for LPCN 1148 as a Treatment for Sarcopenia in Patients with Decompensated Cirrhosis SALT LAKE CITY , Dec. 17, 2024 /PRNewswire/ -- Lipocine Inc. (NASDAQ: LPCN), a biopharmaceutical company leveraging its proprietary technology platform to augment therapeutics through effective oral delivery, today announced that the U.S. Food and Drug Administration ("FDA") has granted Fast Track Designation to LPCN 1148 as a treatment for sarcopenia in patients with decompensated cirrhosis. LPCN 1148, an oral prodrug of bioidentical testosterone, was recently studied in a proof-of-concept (POC) Phase 2 study in patients with decompensated cirrhosis. prnewswire.com - 6 months ago
Lipocine Announces Publication and Discussion of LPCN 1148 Manuscript at The Liver Meeting 2024 Editor's Cut Session SALT LAKE CITY , Nov. 18, 2024 /PRNewswire/ -- Lipocine Inc. (NASDAQ: LPCN), a biopharmaceutical company leveraging its proprietary technology platform to augment therapeutics through effective oral delivery, today announced the publication and discussion of a manuscript "Oral LPCN 1148 Improves Sarcopenia and Hepatic Encephalopathy in Male Patients with Cirrhosis: a randomized, placebo-controlled Phase 2 trial" in the journal Hepatology and discussion at The Liver Meeting (AASLD) 2024 Editor's Cut: Clinical Study Session held on November 16, 2024. LPCN 1148 is targeted to be a "First in Class" product candidate with a novel mechanism of action for overt hepatic encephalopathy and sarcopenia indications. prnewswire.com - 7 months ago
Lipocine Announces Financial Results for the Third Quarter Ended September 30, 2024 SALT LAKE CITY , Nov. 7, 2024 /PRNewswire/ -- Lipocine Inc. (NASDAQ: LPCN), a biopharmaceutical company leveraging its proprietary technology platform to augment therapeutics through effective oral delivery, today announced financial results for the third quarter and nine months ended September 30, 2024 and provided a corporate update. Neuroactive Steroids LPCN 1154, oral brexanolone, is being developed as a treatment for postpartum depression (PPD). prnewswire.com - 7 months ago
8. Profile Summary

Lipocine Inc. LPCN

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COUNTRY US
INDUSTRY Biotechnology
MARKET CAP $ 17.7 M
Dividend Yield 0.00%
Description Lipocine Inc., a clinical-stage biopharmaceutical company, focuses on the development of pharmaceutical products for the treatment of neuroendocrine and metabolic disorders. The company's primary development programs are based on oral delivery solutions for poorly bioavailable drugs. Its lead product candidate is TLANDO, an oral testosterone replacement therapy. The company's pipeline candidates also include LPCN 1144, an oral prodrug of bioidentical testosterone that has completed Phase II clinical trial for the treatment of non-cirrhotic non-alcoholic steatohepatitis; LPCN 1111, an oral prodrug of testosterone tridecanoate for once daily dosing, which has completed Phase II clinical trial in hypogonadal men; LPCN 1148, a novel prodrug of testosterone and testosterone laurate for the management of decompensated cirrhosis; LPCN 1154, an investigational new drug application to conduct a Phase 2 study in Postpartum depression; LPCN 2101 for women with epilepsy, which has completed pre-clinical study; and LPCN 1107, an oral hydroxyprogesterone caproate product that has completed dose finding Phase II clinical trial for the prevention of recurrent preterm birth. The company is headquartered in Salt Lake City, Utah.
Contact 675 Arapeen Drive, Salt Lake City, UT, 84108 https://www.lipocine.com
IPO Date Oct. 22, 2013
Employees 16
Officers Ms. Krista Fogarty Principal Accounting Officer & Corporate Controller Dr. Nachiappan Chidambaram Ph.D. Senior Vice President of Research & Development Dr. Anthony DelConte M. D., M.D. Chief Medical Director Dr. Mahesh V. Patel Ph.D. Co-Founder, Interim Principal Financial Officer, Director, President & Chief Executive Officer Mr. Logan Morse Vice President of Sales, Marketing & Operations