Eyenovia Announces $50M Private Placement and New CIO

Confident Investing Starts Here: Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter The latest update is out from Eyenovia ( (EYEN) ). On June 17, 2025, Eyenovia, Inc. announced a $50 million private placement with institutional investors to build a reserve of the HYPE token, part of its new cryptocurrency treasury strategy. The company also appointed Hyunsu Jung as Chief Investment Officer and Board Member. This move positions Eyenovia as a pioneer in integrating cryptocurrency into its treasury, potentially enhancing its market positioning and offering long-term value to shareholders. Concurrently, Eyenovia will continue focusing on its existing business, including the development of the Gen-2 Optejet User Filled Device, with plans to register it with the FDA by September 2025. The most recent analyst rating on (EYEN) stock is a Buy with a $560.00 price target. To see the full list of analyst forecasts on Eyenovia stock, see the EYEN Stock Forecast page. Spark’s Take on EYEN Stock According to Spark, TipRanks’ AI Analyst, EYEN is a Underperform. Eyenovia’s stock is heavily weighed down by poor financial performance, including significant operational losses and a weak balance sheet. While there is revenue growth, the negative equity and insufficient cash flow generation are critical risks. Technical indicators also point to a bearish trend, and the valuation metrics are unappealing due to a negative P/E ratio and absence of dividends. These factors result in a low overall score. To see Spark’s full report on EYEN stock, click here. More about Eyenovia Eyenovia, Inc. is a digital ophthalmic technology company that is pioneering the integration of blockchain technology into its operations. The company is developing the Optejet User Filled Device for topical ophthalmic treatments and is the first U.S. publicly listed company to build a strategic treasury of Hyperliquid’s native token, HYPE, aiming to provide shareholders with access to the growing blockchain ecosystem. Average Trading Volume: 3,334,757 Technical Sentiment Signal: Sell Current Market Cap: $12.14M For an in-depth examination of EYEN stock, go to TipRanks’ Overview page. Trending Articles:Comcast Stock (NASDAQ:CMCSA) Makes Gains on Internet Expansion, Accolades “It’s Hand to Mouth”: Ford Stock (NYSE:F) Notches Up on Ambitious Electric Vehicle Plans Intel Stock (NASDAQ:INTC) Blasts Up as Intel Halts Automotive BusinessDisclaimer & DisclosureLooking for a trading platform? Check out TipRanks' Best Online Brokers guide, and find the ideal broker for your trades.Report an Issue