NAGE

Niagen Bioscience Inc

41
Fundamentals31/ 100
Valuation51/ 100
Upside potential39/ 100
Risk potential49/ 100

NAGE offers stronger valuation, but that advantage does not outweigh its weaker overall profile.

OSCR

Oscar Health, Inc.

69
Fundamentals85/ 100
Valuation50/ 100
Upside potential61/ 100
Risk potential35/ 100

OSCR has the edge over NAGE overall, supported by stronger fundamentals and stronger modeled upside.

NAGE Fundamentals

MetricStatus
Under pressure
Stable
Under pressure
Strong

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

OSCR Fundamentals

MetricStatus
Strong
Healthy
Strong
Strong

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

NAGE PE Valuation

CHEAPFAIREXPENSIVE201x401x602x803x
CHEAPFAIREXPENSIVE201x401x602x803x
LevelPEPriceVs current
Cheap17x$2.05-3.7%
Current18x$2.13—
Fair27x$3.30+55%
Expensive79x$9.47+345%
Forward217x$2.13—

Historical ranges are pointers, not guarantees.

NAGE's PE is in its cheap range at 18x. Analysts expect earnings to fall, which would put today's price at 217x next year's earnings, in its expensive range.

OSCR PE Valuation

CHEAPFAIREXPENSIVE41x83x124x166x
CHEAPFAIREXPENSIVE41x83x124x166x
LevelPEPriceVs current
Forward12x$31.94—
Current13x$31.94—
Cheap21x$52.73+65%
Fair35x$87.23+173%
Expensive130x$322+907%

Historical ranges are pointers, not guarantees.

OSCR has the edge over NAGE in the historical PE scenario, which offers more potential upside but is not a forecast.

NAGE Forward outlook

MetricOutlook
Strongly deteriorating
Strong decline
Stable
Strongly weakening
Limited
Low

Analysts expect NAGE's earnings and profitability to decline, with its revenue holding steady. However, they disagree widely on these estimates.

OSCR Forward outlook

MetricOutlook
Improving
Strong growth
Strong growth
Strongly improving
Limited
Moderate

OSCR has the edge over NAGE on the outlook, with more favorable valuation and earnings expectations.

NAGE Risk to reward

ScenarioChangePrice
Upside+32%$2.82
Downside-49%$1.08

Calculated from the latest close: $2.13 on Nov 12.

NAGE trails OSCR on modeled risk to reward, with less potential upside and more potential downside.

OSCR Risk to reward

ScenarioChangePrice
Upside+55%$49.45
Downside-35%$20.78

Calculated from the latest close: $31.94 on Nov 12.

OSCR has a better modeled risk to reward balance than NAGE, with more potential upside and less potential downside.

NAGE Earnings Per Share

Q4 2023: $-0.07Q1 2024: $-0.05Q2 2024: $-0.02Q3 2024: $0.01Q4 2024: $0.11Q1 2025: $0.18Q2 2025: $0.22Q3 2025: $0.25Q4 2025: $0.20Q1 2026: $0.21Q2 2026: $0.18Q3 2026: $0.12Forward: $0.01
Q4 2023: $-0.07Q1 2024: $-0.05Q2 2024: $-0.02Q3 2024: $0.01Q4 2024: $0.11Q1 2025: $0.18Q2 2025: $0.22Q3 2025: $0.25Q4 2025: $0.20Q1 2026: $0.21Q2 2026: $0.18Q3 2026: $0.12Forward: $0.01
QuarterTTM EPSYoY
Forward$0.01-92%
Q3 2026$0.12-52%
Q2 2026$0.18-18%
Q1 2026$0.21+17%
Q4 2025$0.20+82%
Q3 2025$0.25+2400%
Q2 2025$0.22+$0.24
Q1 2025$0.18+$0.23
Q4 2024$0.11+$0.18

NAGE has the edge over OSCR on earnings, with more consistent year-over-year improvement.

OSCR Earnings Per Share

Q4 2023: $-1.22Q1 2024: $-0.42Q2 2024: $-0.15Q3 2024: $-0.08Q4 2024: $0.10Q1 2025: $0.40Q2 2025: $-0.69Q3 2025: $-1.00Q4 2025: $-1.69Q1 2026: $-0.54Q2 2026: $1.45Q3 2026: $2.47Forward: $2.61
Q4 2023: $-1.22Q1 2024: $-0.42Q2 2024: $-0.15Q3 2024: $-0.08Q4 2024: $0.10Q1 2025: $0.40Q2 2025: $-0.69Q3 2025: $-1.00Q4 2025: $-1.69Q1 2026: $-0.54Q2 2026: $1.45Q3 2026: $2.47Forward: $2.61
QuarterTTM EPSYoY
Forward$2.61+5.6%
Q3 2026$2.47+$3.47
Q2 2026$1.45+$2.14
Q1 2026-$0.54-235%
Q4 2025-$1.69-1790%
Q3 2025-$1.00-$0.92
Q2 2025-$0.69-$0.54
Q1 2025$0.40+$0.82
Q4 2024$0.10+$1.32

OSCR has returned to profit: it earned $2.47 per share over the past year, after losing money the year before.

NAGE Quarterly Revenue

Q4 2023: $21MQ1 2024: $22MQ2 2024: $23MQ3 2024: $26MQ4 2024: $29MQ1 2025: $30MQ2 2025: $31MQ3 2025: $34MQ4 2025: $34MQ1 2026: $31MQ2 2026: $30MQ3 2026: $27M
Q4 2023: $21MQ1 2024: $22MQ2 2024: $23MQ3 2024: $26MQ4 2024: $29MQ1 2025: $30MQ2 2025: $31MQ3 2025: $34MQ4 2025: $34MQ1 2026: $31MQ2 2026: $30MQ3 2026: $27M
QuarterRevenueYoY
Q3 2026$27.2M-20%
Q2 2026$29.8M-4.3%
Q1 2026$31.5M+3.3%
Q4 2025$33.8M+16%
Q3 2025$34M+33%
Q2 2025$31.1M+37%
Q1 2025$30.5M+38%
Q4 2024$29.1M+37%

NAGE's revenue fell from its 2025 peak and has held roughly level since: $27M last quarter, down 20% from the same quarter a year ago.

OSCR Quarterly Revenue

Q4 2023: $1.4BQ1 2024: $2.1BQ2 2024: $2.2BQ3 2024: $2.4BQ4 2024: $2.4BQ1 2025: $3BQ2 2025: $2.9BQ3 2025: $3BQ4 2025: $2.8BQ1 2026: $4.6BQ2 2026: $4.9BQ3 2026: $5.1B
Q4 2023: $1.4BQ1 2024: $2.1BQ2 2024: $2.2BQ3 2024: $2.4BQ4 2024: $2.4BQ1 2025: $3BQ2 2025: $2.9BQ3 2025: $3BQ4 2025: $2.8BQ1 2026: $4.6BQ2 2026: $4.9BQ3 2026: $5.1B
QuarterRevenueYoY
Q3 2026$5.1B+72%
Q2 2026$4.9B+70%
Q1 2026$4.6B+53%
Q4 2025$2.8B+17%
Q3 2025$3B+23%
Q2 2025$2.9B+29%
Q1 2025$3B+42%
Q4 2024$2.4B+67%

OSCR has the edge over NAGE on sales, with more consistent year-over-year improvement.

NAGE Free Cash Flow

Q4 2023: $649,000Q1 2024: $295,000Q2 2024: −$264,000Q3 2024: $3MQ4 2024: $9MQ1 2025: $8MQ2 2025: $1MQ3 2025: $4MQ4 2025: $679,000Q1 2026: −$1MQ2 2026: $3MQ3 2026: $3M
Q4 2023: $649,000Q1 2024: $295,000Q2 2024: −$264,000Q3 2024: $3MQ4 2024: $9MQ1 2025: $8MQ2 2025: $1MQ3 2025: $4MQ4 2025: $679,000Q1 2026: −$1MQ2 2026: $3MQ3 2026: $3M
QuarterFree cash flowYoY
Q3 2026$2.6M-29%
Q2 2026$2.8M+122%
Q1 2026-$1.2M-115%
Q4 2025$679K-92%
Q3 2025$3.7M+5.6%
Q2 2025$1.3M+$1.5M
Q1 2025$7.9M+2572%
Q4 2024$8.6M+1222%

NAGE still generates free cash flow, though less than at its 2024 peak: $5M over the past year.

OSCR Free Cash Flow

Q4 2023: $291MQ1 2024: $628MQ2 2024: $490MQ3 2024: −$508MQ4 2024: $340MQ1 2025: $870MQ2 2025: $500MQ3 2025: −$974MQ4 2025: $663MQ1 2026: $2.6BQ2 2026: $2.1BQ3 2026: −$1.2B
Q4 2023: $291MQ1 2024: $628MQ2 2024: $490MQ3 2024: −$508MQ4 2024: $340MQ1 2025: $870MQ2 2025: $500MQ3 2025: −$974MQ4 2025: $663MQ1 2026: $2.6BQ2 2026: $2.1BQ3 2026: −$1.2B
QuarterFree cash flowYoY
Q3 2026-$1.2B-$238.2M
Q2 2026$2.1B+316%
Q1 2026$2.6B+200%
Q4 2025$662.8M+95%
Q3 2025-$973.7M-$466M
Q2 2025$499.8M+2.1%
Q1 2025$869.5M+38%
Q4 2024$340M+17%

OSCR has the edge over NAGE on cash flow, with more consistent year-over-year improvement.

NAGE Total Shares

Q4 2023: 75MQ1 2024: 75MQ2 2024: 76MQ3 2024: 78MQ4 2024: 78MQ1 2025: 83MQ2 2025: 86MQ3 2025: 87MQ4 2025: 85MQ1 2026: 85MQ2 2026: 83MQ3 2026: 79M
Q4 2023: 75MQ1 2024: 75MQ2 2024: 76MQ3 2024: 78MQ4 2024: 78MQ1 2025: 83MQ2 2025: 86MQ3 2025: 87MQ4 2025: 85MQ1 2026: 85MQ2 2026: 83MQ3 2026: 79M
PeriodChange %Net change
Quarterly-4.1%-3.4M shares
1 year-8.6%-7.5M shares
3 years+5.5%+4.1M shares
5 years+16%+10.9M shares
Available history+28%+17.5M shares

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

OSCR Total Shares

Q4 2023: 222MQ1 2024: 294MQ2 2024: 304MQ3 2024: 243MQ4 2024: 266MQ1 2025: 306MQ2 2025: 256MQ3 2025: 259MQ4 2025: 262MQ1 2026: 330MQ2 2026: 333MQ3 2026: 346M
Q4 2023: 222MQ1 2024: 294MQ2 2024: 304MQ3 2024: 243MQ4 2024: 266MQ1 2025: 306MQ2 2025: 256MQ3 2025: 259MQ4 2025: 262MQ1 2026: 330MQ2 2026: 333MQ3 2026: 346M
PeriodChange %Net change
Quarterly+3.9%+13M shares
1 year+34%+87.2M shares
3 years+55%+123M shares
5 years+66%+138M shares
Available history+71%+143M shares

OSCR has 346M diluted shares, up 34% from a year ago.

NAGE Net Leverage

Q3 2024: -25.0xQ4 2024: -5.2xQ1 2025: -4.0xQ2 2025: -3.5xQ3 2025: -3.2xQ4 2025: -3.8xQ1 2026: -4.8xQ2 2026: -5.8xQ3 2026: -11.9x
Q3 2024: -25.0xQ4 2024: -5.2xQ1 2025: -4.0xQ2 2025: -3.5xQ3 2025: -3.2xQ4 2025: -3.8xQ1 2026: -4.8xQ2 2026: -5.8xQ3 2026: -11.9x
QuarterNet LeverageStatus
Q3 2026-11.9xNet Cash
Q2 2026-5.8xNet Cash
Q1 2026-4.8xNet Cash
Q4 2025-3.8xNet Cash
Q3 2025-3.2xNet Cash
Q2 2025-3.5xNet Cash
Q1 2025-4.0xNet Cash
Q4 2024-5.2xNet Cash

NAGE has the edge over OSCR on leverage, with a lower net debt burden relative to earnings.

OSCR Net Leverage

Q1 2024: -217.7xQ2 2024: -24.0xQ3 2024: -10.1xQ4 2024: -13.7xQ1 2025: -9.7xQ1 2026: -110.0xQ2 2026: -5.5xQ3 2026: -4.2x
Q1 2024: -217.7xQ2 2024: -24.0xQ3 2024: -10.1xQ4 2024: -13.7xQ1 2025: -9.7xQ1 2026: -110.0xQ2 2026: -5.5xQ3 2026: -4.2x
QuarterNet LeverageStatus
Q3 2026-4.2xNet Cash
Q2 2026-5.5xNet Cash
Q1 2026-110.0xNet Cash
Q1 2025-9.7xNet Cash
Q4 2024-13.7xNet Cash
Q3 2024-10.1xNet Cash
Q2 2024-24.0xNet Cash
Q1 2024-217.7xNet Cash

OSCR has more cash than debt.

NAGE Weekly Momentum

MetricValueStatus
RSI22.9Oversold
Stochastic3.5Oversold

NAGE's weekly RSI is 23 (oversold) and its Stochastic is 4 (oversold).

OSCR Weekly Momentum

MetricValueStatus
RSI58.7Neutral
Stochastic44.9Neutral

OSCR's weekly RSI is 59 (neutral) and its Stochastic is 45 (neutral).

NAGE PE vs Healthcare Sector

MetricNAGESector medianRelative
PE18x26x31% below
PE %22297 pts below

NAGE is trading at 18x earnings, a 31% discount to the Healthcare sector's median of 26x.

OSCR PE vs Healthcare Sector

MetricOSCRSector medianRelative
PE13x26x50% below
PE %33532 pts below

OSCR has the edge over NAGE on valuation relative to its sector.

NAGE Weekly Moving Averages

Moving averageMA priceRelative
8 week MA$2.5015% below
20 week MA$2.9327% below
50 week MA$4.1449% below
100 week MA$6.2366% below
200 week MA$4.3551% below

NAGE is in a downtrend: it's below all five of its weekly moving averages, and 51% below its 200-week average.

OSCR Weekly Moving Averages

Moving averageMA priceRelative
8 week MA$31.22.3% above
20 week MA$31.12.8% above
50 week MA$22.939% above
100 week MA$19.365% above
200 week MA$15.5106% above

OSCR has the edge over NAGE on trend strength, trading above more of its moving averages.

NAGE Yearly ROI

YearStart priceEnd priceROI
2020$4.47$4.99+12%
2021$4.99$4.13-17%
2022$4.13$1.50-64%
2023$1.50$1.43-4.7%
2024$1.43$5.52+286%
2025$5.52$6.64+20%
2026 YTD$6.64$2.13-68%

NAGE's yearly returns have swung widely, from +286% in 2024 to −64% in 2022. It's down 68% so far in 2026.

OSCR Yearly ROI

YearStart priceEnd priceROI
2021$31.0$8.02-74%
2022$8.02$2.21-72%
2023$2.21$9.15+314%
2024$9.15$13.8+51%
2025$13.8$14.9+8%
2026 YTD$14.9$31.9+114%

OSCR has the edge over NAGE on returns for 2026, with the stronger performance.

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