profit from every $100 of sales.

Lipocine
Trading close to its lowest price of the past year.
The essentials
Four questions every investor asks, answered in one line each.
more sales each year, on average, 2022 to 2025.
It has no yearly profit to compare the price with.
It holds more cash than debt.
Money in, money out
What Lipocine sold, what it kept, and what it did with the cash.
Sales went from $500,000 in 2022 to $1.98 million in 2025, with -$9.63 million of profit last year.
Lipocine vs. similar companies
How it compares with the largest companies in its industry.
| Company | Profit from $100 of sales | Sales growth a year | Price per $1 of profit |
|---|---|---|---|
Lipocine | No profit yet | ||
Vertex Pharmaceuticals | 35.1× · Expensive | ||
Moderna | No profit yet | ||
Regeneron Pharmaceuticals | 22.0× · Fair price | ||
CSL | 22.1× · Fair price |
AI analysis
An AI analyst reads Lipocine's last five years, its segments, earnings, insiders and peers, and writes the bull case, the bear case and what the price expects.
Run the AI analysisFull statementsIncome, balance sheet and cash flow, year by year
Income statement
| In millions of USD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| 1 | -3 | 11 | 2 | |
| -8 | -13 | 4 | -7 | |
| -12 | -18 | -1 | -10 | |
| -11 | -18 | -1 | -10 | |
| -11 | -16 | 0 | -10 | |
| -2.21 | -3.14 | 0.00 | -1.77 | |
| -1,611.4% | 456.9% | 34.3% | -334.3% | |
| -2,423.9% | 629.0% | -10.3% | -524.7% | |
| -2,151.7% | 573.6% | 0.1% | -487.1% |
Balance sheet
| In millions of USD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Total assets | 38 | 23 | 23 | 17 |
| Cash | 3 | 5 | 6 | 5 |
| Total debt | – | – | – | – |
| Total liabilities | 2 | 3 | 2 | 3 |
| 36 | 20 | 21 | 14 | |
| 5 | 5 | 5 | 6 | |
| -23.8% | -69.5% | -4.3% | -56.6% | |
| -30.2% | -80.3% | 0.0% | -66.5% |
Cash flow
| In millions of USD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| -12 | -12 | -1 | -10 | |
| 0 | 0 | 0 | – | |
| -12 | -12 | -1 | -10 | |
| Dividends paid | – | – | – | – |
| 0 | – | – | – | |
| 1 | 1 | 0 | 0 |
Valuation
- –
- –
- –
- 0.7×
- 8.9×
- –
- –
- -55.4%
- -54.7%
- 0.0%
Profitability
- -334.3%
- -524.7%
- -487.1%
- -602.9%
- -53.1%
- -35.7%
- -66.7%
- -45.1%
- -53.1%
- 513.0%
Growth
- +58.1%
- –
- −644.3%
- –
- +13.3%
Financial health
- -0.5×
- 0.00
- 0.0%
- –
- 9.99
- 9.99
- 0.08
How it ranks in Healthcare
Each dot is where the company stands among every company over $300M in the sector. Further right is better.
What analysts expect
- Average price target
- $10.50
- Range
- $6.00 – $15.00
- 1 analysts
These targets were collected on May 20, 2026 and our analyst feed has not updated since, so we no longer compare them with today's price.
Recent earnings
Our results feed has not updated since May 21, 2026. Results reported after that are not in this table yet.
| Date | EPS | Expected | Surprise |
|---|---|---|---|
| May 7, 2026 | -0.54 | -0.51 | −5.9% |
| Mar 9, 2026 | -0.34 | -0.60 | +43.3% |
| Nov 6, 2025 | -0.59 | -0.56 | −5.4% |
| Aug 5, 2025 | -0.41 | -0.41 | +0.0% |
| May 8, 2025 | -0.35 | -0.35 | +0.0% |
| Mar 13, 2025 | 0.33 | -0.40 | +182.5% |
| Nov 7, 2024 | -0.44 | -0.48 | +8.3% |
| Aug 8, 2024 | -0.56 | -0.78 | +28.2% |
News
No recent news on file.
Insider trades
Our insider feed has not updated since May 26, 2026. Trades filed after that are not listed yet.
No insider trades on file.
The seven classic investing rulebooks
2/7Passes 2 of 7. Each bar is how well the company fits that investor's published rules, from 0 to 100; 60 or more counts as a pass.
Questions about Lipocine
Is Lipocine a good stock to buy?
A business with weak numbers that is not profitable yet. 2 of the 7 famous investors' published rulebooks we apply pass it. Whether it suits you depends on your goals and the price you pay; invest-like never tells anyone to buy or sell. The AI analysis lays out the case for and against. Read the Lipocine AI analysis
What does Lipocine do?
Lipocine Inc., a clinical-stage biopharmaceutical company, focuses on the development of pharmaceutical products for the treatment of neuroendocrine and metabolic disorders. It is in Biotechnology.
Does Lipocine pay a dividend?
No. Lipocine does not pay a dividend at the moment.
Is Lipocine stock halal?
No. Lipocine does not pass our halal screen: its cash and confirmed interest-bearing investments are 85% of its market value, at or above the 33% limit. How we check
How has Lipocine stock done over the past year?
Down 45.0% over the past twelve months, to $1.59. It traded between $1.44 and $11.26 and is 85.9% below its high.
Who are Lipocine's competitors?
The largest listed companies in the same industry are Vertex Pharmaceuticals, Moderna, Regeneron Pharmaceuticals and CSL. The peers table on this page compares their profit, growth and price with Lipocine's.
Prices: daily closes to Nov 11, 2026. Fundamentals: company reports via invest-like data.



