AXGN

AxoGen, Inc.

59
Fundamentals54/ 100
Valuation50/ 100
Upside potential61/ 100
Risk potential32/ 100

AXGN's outlook is improving, though it still trails on the overall score.

LLY

Eli Lilly and Company

78
Fundamentals85/ 100
Valuation62/ 100
Upside potential72/ 100
Risk potential15/ 100

LLY has the edge over AXGN overall, supported by stronger fundamentals and lower modeled downside.

AXGN Fundamentals

MetricStatus
Healthy
Under pressure
Healthy
Stable

AXGN's revenue and cash flow are currently healthy, and its balance sheet is stable, but its profitability is under pressure.

LLY Fundamentals

MetricStatus
Healthy
Strong
Strong
Healthy

LLY's revenue, profitability, cash flow and balance sheet are all currently healthy.

AXGN PE Valuation

AXGN has no meaningful PE right now: it lost money over the past year.

LLY PE Valuation

CHEAPFAIREXPENSIVE37x74x111x147x
CHEAPFAIREXPENSIVE37x74x111x147x
LevelPEPriceVs current
Cheap27x$845-41%
Forward30x$1,427—
Current46x$1,427—
Fair48x$1,466+2.7%
Expensive85x$2,612+83%

Historical ranges are pointers, not guarantees.

LLY's PE is in its fair range at 46x. If earnings grow as analysts expect, today's price would be 30x next year's earnings, in its cheap range.

AXGN Forward outlook

MetricOutlook
--
Strong growth
Strong growth
Improving
Limited
Moderate

Analysts expect strong earnings and revenue growth for AXGN, with profitability improving.

LLY Forward outlook

MetricOutlook
Strongly improving
Strong growth
Strong growth
Strongly improving
Limited
Moderate

Analysts expect strong earnings and revenue growth for LLY, with profitability improving.

AXGN Risk to reward

ScenarioChangePrice
Upside+52%$83.95
Downside-32%$37.41

Calculated from the latest close: $55.40 on Nov 12.

AXGN trails LLY on modeled risk to reward, with less potential upside relative to its potential downside.

LLY Risk to reward

ScenarioChangePrice
Upside+39%$1,988.49
Downside-15%$1,209.08

Calculated from the latest close: $1,427.28 on Nov 12.

LLY has a better modeled risk to reward balance than AXGN, with more potential upside relative to its potential downside.

AXGN Earnings Per Share

Q4 2023: $-0.51Q1 2024: $-0.49Q2 2024: $-0.37Q3 2024: $-0.31Q4 2024: $-0.23Q1 2025: $-0.16Q2 2025: $-0.11Q3 2025: $-0.06Q4 2025: $-0.34Q1 2026: $-0.64Q2 2026: $-0.68Q3 2026: $-0.65Forward: $0.65
Q4 2023: $-0.51Q1 2024: $-0.49Q2 2024: $-0.37Q3 2024: $-0.31Q4 2024: $-0.23Q1 2025: $-0.16Q2 2025: $-0.11Q3 2025: $-0.06Q4 2025: $-0.34Q1 2026: $-0.64Q2 2026: $-0.68Q3 2026: $-0.65Forward: $0.65
QuarterTTM EPSYoY
Forward$0.65—
Q3 2026-$0.65-$0.59
Q2 2026-$0.68-$0.57
Q1 2026-$0.64-$0.48
Q4 2025-$0.34-$0.11
Q3 2025-$0.06+$0.25
Q2 2025-$0.11+$0.26
Q1 2025-$0.16+$0.33
Q4 2024-$0.23+$0.28

AXGN lost $0.65 per share over the past year, a bigger loss than the year before.

LLY Earnings Per Share

Q4 2023: $5.80Q1 2024: $6.79Q2 2024: $8.12Q3 2024: $9.25Q4 2024: $11.71Q1 2025: $12.29Q2 2025: $15.30Q3 2025: $20.44Q4 2025: $22.95Q1 2026: $28.15Q2 2026: $29.80Q3 2026: $30.81Forward: $46.82
Q4 2023: $5.80Q1 2024: $6.79Q2 2024: $8.12Q3 2024: $9.25Q4 2024: $11.71Q1 2025: $12.29Q2 2025: $15.30Q3 2025: $20.44Q4 2025: $22.95Q1 2026: $28.15Q2 2026: $29.80Q3 2026: $30.81Forward: $46.82
QuarterTTM EPSYoY
Forward$46.82+52%
Q3 2026$30.81+51%
Q2 2026$29.80+95%
Q1 2026$28.15+129%
Q4 2025$22.95+96%
Q3 2025$20.44+121%
Q2 2025$15.30+88%
Q1 2025$12.29+81%
Q4 2024$11.71+102%

LLY has the edge over AXGN on earnings quality, reporting a profit while its opponent remains loss making.

AXGN Quarterly Revenue

Q4 2023: $43MQ1 2024: $41MQ2 2024: $48MQ3 2024: $49MQ4 2024: $49MQ1 2025: $49MQ2 2025: $57MQ3 2025: $60MQ4 2025: $60MQ1 2026: $61MQ2 2026: $70MQ3 2026: $76M
Q4 2023: $43MQ1 2024: $41MQ2 2024: $48MQ3 2024: $49MQ4 2024: $49MQ1 2025: $49MQ2 2025: $57MQ3 2025: $60MQ4 2025: $60MQ1 2026: $61MQ2 2026: $70MQ3 2026: $76M
QuarterRevenueYoY
Q3 2026$75.8M+26%
Q2 2026$69.7M+23%
Q1 2026$61.5M+27%
Q4 2025$59.9M+21%
Q3 2025$60.1M+24%
Q2 2025$56.7M+18%
Q1 2025$48.6M+17%
Q4 2024$49.4M+15%

AXGN's revenue has grown year over year for 18 quarters in a row: $76M last quarter, up 26% from the same quarter a year ago.

LLY Quarterly Revenue

Q4 2023: $9.4BQ1 2024: $8.8BQ2 2024: $11.3BQ3 2024: $11.4BQ4 2024: $13.5BQ1 2025: $12.7BQ2 2025: $15.6BQ3 2025: $17.6BQ4 2025: $19.3BQ1 2026: $19.8BQ2 2026: $23BQ3 2026: $24.4B
Q4 2023: $9.4BQ1 2024: $8.8BQ2 2024: $11.3BQ3 2024: $11.4BQ4 2024: $13.5BQ1 2025: $12.7BQ2 2025: $15.6BQ3 2025: $17.6BQ4 2025: $19.3BQ1 2026: $19.8BQ2 2026: $23BQ3 2026: $24.4B
QuarterRevenueYoY
Q3 2026$24.4B+39%
Q2 2026$23B+48%
Q1 2026$19.8B+56%
Q4 2025$19.3B+43%
Q3 2025$17.6B+54%
Q2 2025$15.6B+38%
Q1 2025$12.7B+45%
Q4 2024$13.5B+45%

LLY has the edge over AXGN on sales, with stronger typical year-over-year growth.

AXGN Free Cash Flow

Q4 2023: −$2MQ1 2024: −$13MQ2 2024: $3MQ3 2024: $3MQ4 2024: $8MQ1 2025: −$13MQ2 2025: $7MQ3 2025: $2MQ4 2025: $2MQ1 2026: −$1MQ2 2026: $6MQ3 2026: $15M
Q4 2023: −$2MQ1 2024: −$13MQ2 2024: $3MQ3 2024: $3MQ4 2024: $8MQ1 2025: −$13MQ2 2025: $7MQ3 2025: $2MQ4 2025: $2MQ1 2026: −$1MQ2 2026: $6MQ3 2026: $15M
QuarterFree cash flowYoY
Q3 2026$15.1M+789%
Q2 2026$6.3M-9.7%
Q1 2026-$1.2M+$12.2M
Q4 2025$1.8M-78%
Q3 2025$1.7M-48%
Q2 2025$7M+115%
Q1 2025-$13.4M-$245K
Q4 2024$8.1M+$9.7M

AXGN has burned cash in most quarters: $22M over the past year, about seven times what it generated the year before.

LLY Free Cash Flow

Q4 2023: −$1.4BQ1 2024: $180MQ2 2024: $241MQ3 2024: $2.4BQ4 2024: $978MQ1 2025: $156MQ2 2025: $1.4BQ3 2025: $6.7BQ4 2025: $678MQ1 2026: $3BQ2 2026: $7.8BQ3 2026: $8.2B
Q4 2023: −$1.4BQ1 2024: $180MQ2 2024: $241MQ3 2024: $2.4BQ4 2024: $978MQ1 2025: $156MQ2 2025: $1.4BQ3 2025: $6.7BQ4 2025: $678MQ1 2026: $3BQ2 2026: $7.8BQ3 2026: $8.2B
QuarterFree cash flowYoY
Q3 2026$8.2B+22%
Q2 2026$7.8B+458%
Q1 2026$3B+1826%
Q4 2025$677.9M-31%
Q3 2025$6.7B+186%
Q2 2025$1.4B+476%
Q1 2025$156.1M-13%
Q4 2024$977.8M+$2.4B

LLY has the edge over AXGN on cash flow, with more consistent year-over-year improvement.

AXGN Total Shares

Q4 2023: 43MQ1 2024: 43MQ2 2024: 44MQ3 2024: 44MQ4 2024: 44MQ1 2025: 45MQ2 2025: 48MQ3 2025: 49MQ4 2025: 46MQ1 2026: 52MQ2 2026: 53MQ3 2026: 62M
Q4 2023: 43MQ1 2024: 43MQ2 2024: 44MQ3 2024: 44MQ4 2024: 44MQ1 2025: 45MQ2 2025: 48MQ3 2025: 49MQ4 2025: 46MQ1 2026: 52MQ2 2026: 53MQ3 2026: 62M
PeriodChange %Net change
Quarterly+15%+8.2M shares
1 year+25%+12.4M shares
3 years+43%+18.5M shares
5 years+48%+20.1M shares
Available history+55%+21.8M shares

AXGN has 62M diluted shares, up 25% from a year ago.

LLY Total Shares

Q4 2023: 903MQ1 2024: 904MQ2 2024: 904MQ3 2024: 905MQ4 2024: 904MQ1 2025: 901MQ2 2025: 900MQ3 2025: 899MQ4 2025: 899MQ1 2026: 896MQ2 2026: 894MQ3 2026: 893M
Q4 2023: 903MQ1 2024: 904MQ2 2024: 904MQ3 2024: 905MQ4 2024: 904MQ1 2025: 901MQ2 2025: 900MQ3 2025: 899MQ4 2025: 899MQ1 2026: 896MQ2 2026: 894MQ3 2026: 893M
PeriodChange %Net change
Quarterly0%-300K shares
1 year-0.6%-5.4M shares
3 years-0.7%-6.4M shares
5 years-1.9%-17.4M shares
Available history-4.5%-42.3M shares

LLY has the edge over AXGN on shareholder dilution, with a more favorable share count trend.

AXGN Net Leverage

Q4 2024: 6.3xQ1 2025: 4.7xQ2 2025: 3.3xQ3 2025: 2.3x
Q4 2024: 6.3xQ1 2025: 4.7xQ2 2025: 3.3xQ3 2025: 2.3x
QuarterNet LeverageStatus
Q3 20252.3xModerate
Q2 20253.3xElevated
Q1 20254.7xHigh
Q4 20246.3xHigh

AXGN's net debt is about 2.3 years of its operating earnings (EBITDA).

LLY Net Leverage

Q4 2023: 2.8xQ1 2024: 2.6xQ2 2024: 2.4xQ3 2024: 2.4xQ4 2024: 2.1xQ1 2025: 2.3xQ2 2025: 2.0xQ3 2025: 1.3xQ4 2025: 1.3xQ1 2026: 1.2xQ2 2026: 1.3xQ3 2026: 1.2x
Q4 2023: 2.8xQ1 2024: 2.6xQ2 2024: 2.4xQ3 2024: 2.4xQ4 2024: 2.1xQ1 2025: 2.3xQ2 2025: 2.0xQ3 2025: 1.3xQ4 2025: 1.3xQ1 2026: 1.2xQ2 2026: 1.3xQ3 2026: 1.2x
QuarterNet LeverageStatus
Q3 20261.2xHealthy
Q2 20261.3xHealthy
Q1 20261.2xHealthy
Q4 20251.3xHealthy
Q3 20251.3xHealthy
Q2 20252.0xHealthy
Q1 20252.3xModerate
Q4 20242.1xModerate

LLY's net debt is about 1.2 years of its operating earnings (EBITDA), about the same as a year ago.

AXGN Weekly Momentum

MetricValueStatus
RSI66.0Neutral
Stochastic83.0Overbought

AXGN's weekly RSI is 66 (neutral) and its Stochastic is 83 (overbought).

LLY Weekly Momentum

MetricValueStatus
RSI68.3Neutral
Stochastic84.1Overbought

LLY's weekly RSI is 68 (neutral) and its Stochastic is 84 (overbought).

AXGN PE vs Healthcare Sector

AXGN has no meaningful PE right now: it lost money over the past year.

LLY PE vs Healthcare Sector

MetricLLYSector medianRelative
PE46x26x79% above
PE %482919 pts above

LLY is trading at 46x earnings, a 79% premium to the Healthcare sector's median of 26x.

AXGN Weekly Moving Averages

Moving averageMA priceRelative
8 week MA$43.129% above
20 week MA$44.225% above
50 week MA$39.241% above
100 week MA$27.8100% above
200 week MA$18.3203% above

AXGN is in an uptrend: it's above all five of its weekly moving averages, and 203% above its 200-week average.

LLY Weekly Moving Averages

Moving averageMA priceRelative
8 week MA$1,279.412% above
20 week MA$1,218.817% above
50 week MA$1,102.229% above
100 week MA$954.150% above
200 week MA$797.579% above

LLY is in an uptrend: it's above all five of its weekly moving averages, and 79% above its 200-week average.

AXGN Yearly ROI

YearStart priceEnd priceROI
2020$18.6$17.7-4.8%
2021$17.7$9.82-45%
2022$9.82$9.94+1.2%
2023$9.94$6.83-31%
2024$6.83$16.7+144%
2025$16.7$32.8+97%
2026 YTD$32.8$55.4+69%

AXGN has the edge over LLY on returns for 2026, with the stronger performance.

LLY Yearly ROI

YearStart priceEnd priceROI
2020$131.5$166.7+27%
2021$166.7$273.1+64%
2022$273.1$367.9+35%
2023$367.9$582.9+58%
2024$582.9$783.2+34%
2025$783.2$1,077.8+38%
2026 YTD$1,077.8$1,427.3+32%

LLY has finished every year since 2020 higher, and it's up 32% so far in 2026.

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