CareDx, Inc. CDNA
- Market cap
- $3.2B
- P/E
- 29.6×
Follow CDNA
Target Price Range
Analyst price targets
Free account| 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2.50 | 0.76 | 4.92 | 18.75 | 13.04 | 39.16 | 10.68 | 4.80 | 7.42 | 10.96 |
Analyst estimates 2026–2028 Powerpack |
Low Price
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| 6.84 | 7.98 | 30.80 | 41.27 | 79.92 | 99.83 | 47.82 | 18.04 | 34.84 | 25.95 |
High Price
|
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| 161 | 179 | 231 | 386 | 475 | 645 | 738 | 643 | 650 | 765 |
Employees
|
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| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 0 |
Revenue/Emp
|
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| 41 | 48 | 77 | 127 | 192 | 296 | 322 | 280 | 334 | 380 |
Revenue
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| 48.02% | 55.78% | 56.92% | 64.23% | 67.16% | 67.14% | 65.13% | 63.59% | 67.14% | 67.55% |
Gross Margin
|
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| (41) | (57) | (48) | (24) | (20) | (32) | (76) | (190) | 53 | (21) |
EBT
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| (101.80%) | (118.51%) | (62.97%) | (18.85%) | (10.28%) | (10.83%) | (23.69%) | (67.83%) | 15.84% | (5.55%) |
EBT Margin
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| (40) | (56) | (47) | (22) | (19) | (31) | (77) | (190) | 53 | (21) |
Net Income
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| 7 | 8 | 7 | 7 | 10 | 13 | 16 | 15 | 20 | 22 |
Depreciation
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| 2.46 | 2.07 | 2.15 | 3.01 | 4.13 | 5.67 | 6.03 | 5.21 | 6.32 | 7.13 |
Revenue/Sh
|
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| (2.39) | (2.38) | (1.31) | (0.52) | (0.40) | (0.59) | (1.44) | (3.54) | 1.00 | (0.40) |
Earnings/Sh
|
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| (1.00) | (0.61) | (0.11) | (0.07) | 0.72 | (0.37) | (0.47) | (0.34) | 0.72 | 0.79 |
Cash Flow/Sh
|
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| (0.03) | (0.01) | (0.20) | (0.08) | (0.22) | (0.39) | (0.46) | (0.17) | (0.12) | (0.12) |
Capex/Sh
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| (1.03) | (0.62) | (0.32) | (0.15) | 0.50 | (0.76) | (0.93) | (0.51) | 0.60 | 0.67 |
Free CF/Sh
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| 1.20 | (0.26) | 2.69 | 2.35 | 5.97 | 8.92 | 8.08 | 4.86 | 7.17 | 5.69 |
Book Value/Sh
|
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| 16 | 23 | 36 | 42 | 46 | 52 | 53 | 54 | 53 | 53 |
Shares
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| 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 21.19 | 0.00 |
PE Ratio
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| 0.93 | 3.40 | 11.70 | 7.16 | 17.52 | 8.02 | 1.84 | 2.29 | 3.39 | 2.64 |
PS Ratio
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| 1.92 | 0.00 | 9.34 | 9.18 | 12.13 | 5.10 | 1.37 | 2.46 | 2.99 | 3.31 |
PB Ratio
|
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| 1.10 | 3.76 | 11.04 | 6.88 | 16.45 | 6.91 | 1.05 | 1.58 | 2.71 | 2.27 |
EV/Sales
|
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| (2.61) | (12.53) | (139.89) | (120.72) | 144.19 | (51.80) | (6.81) | (15.43) | 30.49 | 24.95 |
EV/FCF
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| (17) | (14) | (4) | (3) | 33 | (19) | (25) | (18) | 38 | 42 |
Op' Cash Flow
|
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| (1) | 0 | (7) | (3) | (10) | (20) | (24) | (9) | (6) | (7) |
Capex
|
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| (17) | (14) | (11) | (6) | 23 | (40) | (50) | (28) | 32 | 35 |
FCF
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| (14) | (16) | 62 | 37 | 204 | 356 | 312 | 236 | 262 | 167 |
Working Cap'
|
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| 24 | 34 | 0 | 3 | 18 | 21 | 39 | — | — | — |
Total Debt
|
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| 7 | 17 | (64) | (35) | (207) | (327) | (254) | (235) | (261) | (177) |
Net Debt
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| 20 | (6) | 96 | 99 | 278 | 466 | 431 | 261 | 378 | 303 |
Sh' Equity
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| (59.64%) | (69.21%) | (43.64%) | (15.56%) | (7.19%) | (6.56%) | (13.81%) | (37.69%) | 10.97% | (4.72%) |
ROA
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| (88.22%) | (113.15%) | (30.68%) | (23.93%) | (19.79%) | (13.39%) | (27.30%) | (490.55%) | 21.63% | (15.28%) |
ROIC
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| (160.26%) | (803.49%) | (103.93%) | (22.54%) | (9.94%) | (8.25%) | (17.09%) | (54.98%) | 16.43% | (6.27%) |
ROE
|
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CareDx, Inc. peers in Diagnostics & Research
| Company | Market cap | P/E | Compare |
|---|---|---|---|
| WGS GeneDx Holdings Corp. | $2.6B | 0.0× | Compare |
| VCYT Veracyte, Inc. | $3.9B | 31.5× | Compare |
| NEO NeoGenomics, Inc. | $2.5B | 0.0× | Compare |
| ADPT Adaptive Biotechnologies Corporation | $4.7B | 0.0× | Compare |
| Company | Market cap | P/E | Compare |
|---|---|---|---|
| SHC Sotera Health Company | $5.3B | 32.1× | Compare |
| GRAL GRAIL, Inc. | $5.5B | 0.0× | Compare |
| RDNT RadNet, Inc. | $5.6B | 0.0× | Compare |
| PSNL Personalis, Inc. | $1.8B | 0.0× | Compare |
CareDx, Inc. (CDNA) key facts
- CareDx, Inc. (CDNA) is a Diagnostics & Research company in the Healthcare sector, listed on Nasdaq.
- CareDx, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $379.8 million, up 13.8% from fiscal 2024.
- As of September 25, 2026, CDNA traded at $63.68, a market capitalization of $3.2 billion.
- Return on equity was −6.27% and debt-to-equity 0.00.
CareDx, Inc. (CDNA) Latest News
25 Sep
CareDx surged 13% to $61.37 on heavy volume after BTIG boosted its price target to $74 from $60 and kept a Buy rating. Q2 2026 revenue rose 52% year over year, led by a 61% jump in Testing services. The upcoming quarter is expected to deliver $0.24 per share on $122.35 million in revenue, up 22.3% and with the EPS estimate unchanged in the past 30 days. CareDx carries a Zacks Rank #2 (Buy). The piece also notes Charles River Laboratories' stock move and its $2.96 consensus EPS for the upcoming report, which reflects a +21.8% YoY increase. BTIG's higher price target and strong Q2 growth imply near-term upside, supporting a sizable stock move and potential investor sentiment improvement.
24 Sep
CareDx (CDNA) jumped about 14% after BTIG boosted its price target from $60 to $74 and reaffirmed a Buy rating. BTIG’s meetings with CareDx management in Boston yielded optimism on a post-resolution Medicare coverage rule for transplant testing, solid growth in core transplant testing, and upside from the oncology pipeline, including the Naveris MRD acquisition and its AlloHeme test. The firm notes a valuation gap: CareDx trades at about 5.1x 2026 revenue versus 12.9x for specialty labs and 15-19x for oncology-diagnostics peers. Natera trades around 18x forward revenue and competes in transplant testing with Signatera in MRD. If CareDx eventually earns a broader mix of transplant and oncology multiples, a sizable re-rating could follow. Last quarter revenue rose 52% to $132M. The stock has surged over 200% this year, and much of the upside hinges on the Naveris integration and subsequent analyst revisions. BTIG's $74 target and potential re-rating toward oncology/combined-transplant peers could materially boost CareDx's valuation and sentiment.
31 Jul
CareDx (CDNA) shares rose following developments that lifted investor sentiment around the company's performance and outlook. Positive stock movement signals moderately noticeable short-term influence on market perception without evidence of transformative change.
CareDx Inc (CDNA) medical test reached a new high after the company released earnings. Post-earnings surge shows short-term positive market reaction without altering long-term trajectory.
30 Jul
CareDx Inc. (CDNA) presented highlights from its Q2 earnings call covering financial results and operations. Q2 earnings results directly affect financial performance metrics and investor sentiment for CareDx.
CareDx (CDNA) beat Q2 earnings and revenue estimates. Q2 beat signals stronger financial results than projected and can move market performance.
CareDx, Inc. reported its second quarter 2026 financial results. Quarterly earnings releases deliver core financial data that shape near-term stock valuation and operational outlook.
23 Jul
CareDx (CDNA) earnings are projected to grow, prompting analysis on whether the stock represents a buy opportunity for investors. Projected earnings growth for CareDx could moderately influence near-term investor sentiment and share price.
18 Jul
CareDx shares surge 39.4% after Medicare clarifies transplant test coverage limits. Medicare coverage clarification directly improves CareDx transplant test reimbursement outlook and drives major stock gains.
CareDx secures Medicare reimbursement clarity, raising questions on whether positive effects are already reflected in stock price. Medicare reimbursement clarity directly boosts CareDx revenue potential and market position.
Despite Medicare coverage news, CareDx (CDNA) stock appears fully valued with limited further upside as gains are likely already reflected in the price. Medicare coverage represents a positive regulatory development for CareDx revenues but valuation concerns cap the net effect on future performance.
16 Jul
CareDx shares jump after Medicare finalizes coverage policy for transplant testing. Medicare coverage approval expands reimbursement for CareDx core transplant tests and lifts revenue outlook.
CareDx finalizes the Solid Organ Transplant Molecular Testing Local Coverage Determination. Finalized coverage determination expands reimbursement for CareDx core transplant tests and boosts revenue trajectory.
7 Jul
CareDx completed the acquisition of Naveris and expanded its oncology operations. Acquisition of Naveris marks a major strategic expansion into oncology that can alter CareDx's growth trajectory.
2 Jul
CareDx acquires Naveris, extending leadership into high-growth specialty oncology. Acquisition of Naveris marks a major strategic move expanding CareDx into specialty oncology and altering its competitive trajectory.
1 Jul
CareDx completes acquisition of Naveris, extending leadership into high-growth specialty oncology. Naveris acquisition marks major strategic expansion of CareDx into specialty oncology.
Eurobio Scientific finalized acquisition of CareDx's transplant lab product division. Divestiture of transplant lab product division marks major strategic move altering CareDx revenue base and operations.
30 Jun
CareDx completed the sale of its lab products business to Eurobio Scientific. Divestiture of the lab products unit narrows CareDx focus to core transplant diagnostics.
18 Jun
CareDx precision medicine diagnostics featured in over 30 abstracts and 9 oral presentations at the 2026 American Transplant Congress. Scientific presentations at major transplant congress raise visibility for core diagnostics without immediate financial or regulatory shifts.
9 Jun
CareDx (CDNA) faces choppy trading while its AI diagnostics narrative expands, leading to a fresh valuation assessment of the stock. AI diagnostics growth may influence CareDx product innovation and competitive positioning but remains balanced by ongoing trading volatility.
8 Jun
CareDx advances precision diagnostics push via Naveris deal and AlloHeme development plans. Naveris deal plus AlloHeme plans mark major strategic expansion into precision diagnostics for CareDx.
7 Jun
CareDx reports 39% Q1 growth and advances Naveris oncology push at Jefferies. 39% Q1 growth plus Naveris oncology expansion signal major strategic progress likely to boost performance.
11 May
CareDx, Inc. (CDNA) announces the dismissal of a 2021 Qui Tam lawsuit filed against the company. Dismissal of the Qui Tam suit removes major legal overhang and potential liabilities, significantly improving future operations and investor sentiment.
29 Apr
CareDx, Inc. (CDNA) released Q1 2026 earnings call summary detailing financial performance, operational updates, and future outlook. Quarterly earnings summaries disclose revenue, profitability, and guidance that significantly sway investor sentiment and stock trajectory.
CareDx Inc. (CDNA) highlighted strong revenue growth and strategic expansion in its Q1 2026 earnings call. Strong revenue growth and strategic expansion represent major positive developments likely to enhance financial performance and investor sentiment.
28 Apr
CareDx to acquire Naveris, expanding into cancer minimal residual disease (MRD) testing. Acquisition enters CareDx into high-growth cancer MRD market, driving strategic diversification and revenue potential.
CareDx Q1 earnings call highlights financial performance, revenue growth, operational updates, and forward guidance for transplant diagnostics leader. Q1 earnings highlights disclose critical financial metrics and strategic outlook directly shaping investor expectations and market valuation.
CareDx (CDNA) Q1 2026 earnings call transcript details financial results, operational updates, and forward guidance. Q1 2026 earnings call discloses financial metrics, growth strategies, and outlook that drive investor sentiment and stock trajectory.
CareDx (CDNA) reported Q1 earnings per share of $0.11, beating the consensus estimate of -$0.06, while revenues reached $70.0 million, surpassing expectations of $63.9 million. Q1 earnings and revenue beats demonstrate robust financial health, significantly enhancing investor confidence and stock trajectory.
CareDx, Inc. (CDNA) announces agreement to acquire Naveris, a leader in viral-mediated cancer MRD surveillance testing. Acquisition of Naveris enhances CareDx's oncology diagnostics portfolio with cutting-edge MRD surveillance technology.