CareDxCDNA
About: CareDx Inc operates as a precision medicine company focused on the discovery, development, and commercialization of clinically differentiated, high-value healthcare solutions for transplant patients and caregivers. It offers testing services, products, and digital solutions along with the pre-and post-transplant patient journey and is a provider of genomics-based information for transplant patients. The Company's commercially available testing services consist of AlloSure Kidney, AlloMap Heart, AlloSure Heart, a dd-cfDNA solution for heart transplant patients, and AlloSure Lung, a dd-cfDNA solution for lung transplant patients. Geographically the company generates the majority of its revenue from the United States. The company generates major revenue from the Testing services.
Employees: 643
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
150% more call options, than puts
Call options by funds: $1.5M | Put options by funds: $602K
50% more funds holding in top 10
Funds holding in top 10: 2 [Q1] → 3 (+1) [Q2]
40% more capital invested
Capital invested by funds: $593M [Q1] → $830M (+$238M) [Q2]
32% more first-time investments, than exits
New positions opened: 33 | Existing positions closed: 25
6% more funds holding
Funds holding: 145 [Q1] → 153 (+8) [Q2]
5.4% less ownership
Funds ownership: 108.1% [Q1] → 102.7% (-5.4%) [Q2]
12% less repeat investments, than reductions
Existing positions increased: 50 | Existing positions reduced: 57
Research analyst outlook
5 Wall Street Analysts provided 1 year price targets over the past 3 months
5 analyst ratings
Wells Fargo Brandon Couillard 63% 1-year accuracy 5 / 8 met price target | 1%downside $28 | Underweight Initiated | 27 Aug 2024 |
BTIG Sung Ji Nam 67% 1-year accuracy 10 / 15 met price target | 42%upside $40 | Buy Upgraded | 19 Aug 2024 |
Goldman Sachs Matthew Sykes 88% 1-year accuracy 7 / 8 met price target | 8%downside $26 | Buy Maintained | 1 Aug 2024 |
Craig-Hallum Connor Chamberlain 100% 1-year accuracy 3 / 3 met price target | 14%upside $32 | Buy Maintained | 1 Aug 2024 |
Goldman Sachs Matthew Sykes 88% 1-year accuracy 7 / 8 met price target | 43%downside $16 | Buy Maintained | 17 Jul 2024 |
Financial journalist opinion
Based on 10 articles about CDNA published over the past 30 days