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The latest announcement is out from 23andMe Holding ( (MEHCQ) ).
On March 23, 2025, Chrome Holding Co., formerly known as 23andMe Holding Co., filed for Chapter 11 bankruptcy protection in the United States Bankruptcy Court for the Eastern District of Missouri. Subsequently, on July 14, 2025, the company completed an asset sale to the 23andMe Research Institute, a California nonprofit, which acquired substantially all of the company’s assets. Following this transaction, Joseph Selsavage, the Interim CEO and CFO of the company, was appointed as the CFO of the Research Institute while continuing his role at Chrome Holding Co. On August 21, 2025, the company’s Board approved changes to Mr. Selsavage’s compensation and title, reflecting his dual responsibilities during the transition period.
The most recent analyst rating on (MEHCQ) stock is a Hold with a $8.40 price target. To see the full list of analyst forecasts on 23andMe Holding stock, see the MEHCQ Stock Forecast page.
Spark’s Take on MEHCQ Stock
According to Spark, TipRanks’ AI Analyst, MEHCQ is a Neutral.
23andMe Holding’s overall stock performance is weak, primarily due to significant financial challenges, including declining revenues and persistent net losses. The technical analysis also suggests a bearish trend with no strong momentum to reverse it. The negative valuation metrics further highlight the company’s struggles with profitability. Improvements in financial performance and strategic adjustments to reverse negative trends are critical for enhancing investor confidence.
To see Spark’s full report on MEHCQ stock, click here.
More about 23andMe Holding
Average Trading Volume: 218,295
Technical Sentiment Signal: Sell
Current Market Cap: $102.5M
For detailed information about MEHCQ stock, go to TipRanks’ Stock Analysis page.