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PepGen Inc. ( (PEPG) ) just unveiled an update.
On September 24, 2025, PepGen Inc. announced an underwriting agreement with Leerink Partners LLC and Stifel, Nicolaus & Company, Incorporated for a public offering of 31,250,000 shares of its common stock at $3.20 per share. The underwriters exercised an option to purchase an additional 4,687,500 shares, bringing the estimated net proceeds to $107.6 million. The funds will be used to support ongoing research and clinical trials, including FREEDOM-DM1 and FREEDOM2-DM1, as well as general corporate purposes. The offering is expected to close on or about September 26, 2025, pending customary closing conditions.
The most recent analyst rating on (PEPG) stock is a Buy with a $12.00 price target. To see the full list of analyst forecasts on PepGen Inc. stock, see the PEPG Stock Forecast page.
Spark’s Take on PEPG Stock
According to Spark, TipRanks’ AI Analyst, PEPG is a Underperform.
PepGen Inc.’s overall score reflects significant financial challenges, with limited revenue and continued losses. While technical indicators are mixed, the valuation remains unattractive due to negative earnings. Recent corporate events, including promising trial results and board expansions, offer some positive momentum but are insufficient to offset the financial concerns.
To see Spark’s full report on PEPG stock, click here.
More about PepGen Inc.
PepGen Inc. is a clinical-stage biotechnology company focused on developing next-generation oligonucleotide therapies aimed at transforming the treatment of severe neuromuscular and neurological diseases. The company’s Enhanced Delivery Oligonucleotide (EDO) platform utilizes cell-penetrating peptides to enhance the uptake and activity of conjugated oligonucleotide therapeutics, targeting the root causes of serious diseases.
Average Trading Volume: 2,949,057
Technical Sentiment Signal: Hold
Current Market Cap: $87.25M
See more data about PEPG stock on TipRanks’ Stock Analysis page.