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10X Genomics Inc Market Cap
From what 17 stock analysts predict, the share price for 10X Genomics Inc (TXG) might increase by 25.61% in the next year. This is based on a 12-month average estimation for TXG. Price targets go from $14 to $30. The majority of stock analysts believe TXG is a buy. Please note analyst price targets are not guaranteed and could be missed completely.
About 17 Wall Street analysts have assigned TXG 8 buy ratings, 8 hold ratings, and 1 sell ratings. This means that analysts expect 10X Genomics Inc to outperform the market. Keep in mind that these ratings are typically refreshed every quarter, underscoring the importance of conducting your own research on TXG. Don't forget to include both technical and fundamental analysis, as well as staying informed on news that could influence these ratings, in your due diligence.
These are the latest 20 analyst ratings of TXG.
|
Analyst/Firm |
Rating |
Price Target |
Change |
Date |
|---|---|---|---|---|
| Luke Sergott Barclays | Overweight | $19 | Maintains | Nov 1, 2024 |
| Rachel Vatnsdal JP Morgan | Neutral | $14 | Maintains | Oct 30, 2024 |
| Dan Leonard UBS | Neutral | $20 | Maintains | Oct 30, 2024 |
| Matthew Sykes Goldman Sachs | Sell | $14 | Maintains | Oct 30, 2024 |
| Patrick Donnelly Citigroup | Buy | $23 | Maintains | Oct 30, 2024 |
| Luke Sergott Barclays | Overweight | $21 | Maintains | Oct 15, 2024 |
| Kyle Mikson Canaccord Genuity | Buy | $20 | Maintains | Oct 10, 2024 |
| Mason Carrico Stephens & Co. | Overweight | $30 | Reiterates | Oct 10, 2024 |
| Mason Carrico Stephens & Co. | Overweight | $30 | Reiterates | Sep 4, 2024 |
| Mike Kratky Leerink Partners | Outperform | $35 | Initiates | Sep 3, 2024 |
| Tejas Savant Morgan Stanley | Overweight | $46 | Maintains | Aug 13, 2024 |
| Dan Leonard UBS | Neutral | $25 | Maintains | Aug 13, 2024 |
| Kyle Mikson Canaccord Genuity | Buy | $32 | Maintains | Jul 23, 2024 |
| Tycho Peterson Jefferies | Buy | $24 | Upgrade | Jul 22, 2024 |
| Rachel Vatnsdal JP Morgan | Neutral | $20 | Downgrade | Jul 18, 2024 |
| Derik De Bruin B of A Securities | Neutral | $25 | Maintains | Jul 18, 2024 |
| Daniel Arias Stifel | Buy | $25 | Maintains | Jul 16, 2024 |
| Justin Bowers Deutsche Bank | Hold | $25 | Downgrade | Jul 10, 2024 |
| Matthew Sykes Goldman Sachs | Sell | $16 | Maintains | Jul 9, 2024 |
| Luke Sergott Barclays | Overweight | $24 | Maintains | Jun 28, 2024 |
When did it IPO
2019
Staff Count
1,259
Country
United States
Sector/Industry
Healthcare/Health Information Services
CEO
Dr. Serge Saxonov Ph.D.
Market Cap
$1.96B
In 2023, TXG generated $618.7M in revenue, which was a increase of 19.81% from the previous year. This can be seen as a signal that TXG's business is growing, and its share price could be worth more in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.
Revenue From 2020
Revenue From 2021
Revenue From 2022
Revenue From 2023
Thu, 07 Nov 2024
Sentiment - NEUTRAL
Source - PRNewsWire
Summary - 10x Genomics (Nasdaq: TXG) will participate in a fireside chat at the Wolfe Research 2024 Healthcare Conference on November 19 at 1:00 p.m.
Why It Matters - Management participation in a key healthcare conference may signal confidence and provide strategic insights, influencing investor sentiment and stock performance for 10x Genomics.
Wed, 30 Oct 2024
Sentiment - POSITIVE
Source - Benzinga
Summary - 10x Genomics, Inc. (TXG) reported a loss for the third quarter.
Why It Matters - 10x Genomics' quarterly loss may signal financial instability, affecting stock performance and investor confidence, potentially leading to sell-offs or reevaluation of growth prospects.
Thu, 31 Oct 2024
Sentiment - NEUTRAL
Source - PRNewsWire
Summary - Cure51 and 10x Genomics will analyze over 1,000 tumor samples from exceptional cancer survivors using Visium HD technology to uncover potential new therapeutic insights.
Why It Matters - Cure51's collaboration with 10x Genomics could lead to breakthrough cancer therapies, potentially increasing the value of both companies and attracting investor interest in innovative biotech solutions.
Tue, 29 Oct 2024
Sentiment - NEUTRAL
Source - Seeking Alpha
Summary - 10x Genomics, Inc. (NASDAQ: TXG) will host its Q3 2024 earnings conference call on October 29, 2024, at 4:30 PM ET, featuring key executives and various analysts from major firms.
Why It Matters - The Q3 earnings call for 10x Genomics will provide insights on financial performance and strategic direction, impacting investor sentiment and stock valuation.
Tue, 29 Oct 2024
Sentiment - NEUTRAL
Source - PRNewsWire
Summary - 10x Genomics, Inc. (Nasdaq: TXG) reported its financial results for Q3 2024, ending September 30. Further details on performance were not provided in the excerpt.
Why It Matters - 10x Genomics' Q3 financial results could impact stock performance, indicating growth or challenges in the single-cell biology market, influencing investment decisions.
Mon, 28 Oct 2024
Sentiment - NEGATIVE
Source - Zacks Investment Research
Summary - 10x Genomics reports expected revenue decline for Q3, attributed to lower instrument sales, though growth in consumable sales may provide some offset.
Why It Matters - Declining revenues may signal potential operational issues and affect investor confidence, while growth in consumables could indicate resilience in certain product lines.
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