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Fulgent Genetics (FLGT)
NASDAQ:FLGT

Fulgent Genetics (FLGT) Price & Analysis

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FLGT Stock Chart & Stats

$22.95
-$0.14(-0.74%)
At close: 4:00 PM EST
$22.95
-$0.14(-0.74%)

Bulls Say, Bears Say

Bulls Say
Balance Sheet StrengthA virtually debt-free balance sheet and >$700M cash position provide durable financial flexibility to fund R&D, M&A, and absorb temporary cash swings from lost volumes. This buffer reduces bankruptcy/default risk and supports multi-quarter investments to execute the strategic pivot.
Product & Platform InnovationProprietary sequencing offerings plus a digital pathology/AI platform create differentiated, higher-complexity tests and workflow advantages. These capabilities support durable revenue mix improvement, higher-margin services, and competitive barriers as clinical adoption and regulatory approvals broaden addressable markets.
M&A To Diversify RevenueAcquisitions broaden specialty pathology services, add recurring diagnostic volumes and reduce single-customer concentration. Integrated dermatopathology and podiatric assets expand market reach and cross-sell potential, structurally improving resilience versus prior customer-concentrated revenue.
Bears Say
Large Customer LossThe rapid, material insourcing of work by a single large customer meaningfully reduces revenue and lab utilization. Replacing ~$59M of volume requires successful integration of acquisitions and organic growth; failure to do so will leave fixed-cost headwinds and prolonged margin pressure.
Weak Cash GenerationA sharp deterioration in operating and free cash flow increases reliance on cash reserves and a delayed tax refund. Persistent negative cash generation would constrain funding for R&D, integration of acquisitions, and working-capital needs, elevating execution risk over the coming quarters.
Widening Operating LossesManagement-guided wider operating losses reflect higher R&D, integration and one-time expenses plus back‑loaded revenue. Sustained negative operating margins will delay return to profitability, limit reinvestment capacity, and pressure returns unless growth and margin recovery materialize in H2 or thereafter.

Fulgent Genetics News

FLGT FAQ

What was Fulgent Genetics’s price range in the past 12 months?
Fulgent Genetics lowest stock price was $13.46 and its highest was $31.04 in the past 12 months.
    What is Fulgent Genetics’s market cap?
    Fulgent Genetics’s market cap is $520.61M.
      When is Fulgent Genetics’s upcoming earnings report date?
      Fulgent Genetics’s upcoming earnings report date is May 01, 2026 which is in 35 days.
        How were Fulgent Genetics’s earnings last quarter?
        Fulgent Genetics released its earnings results on Feb 27, 2026. The company reported $0.16 earnings per share for the quarter, beating the consensus estimate of $0.03 by $0.13.
          Is Fulgent Genetics overvalued?
          According to Wall Street analysts Fulgent Genetics’s price is currently Overvalued. Get more investment ideas with TipRanks Premium
            Does Fulgent Genetics pay dividends?
            Fulgent Genetics does not currently pay dividends.
            What is Fulgent Genetics’s EPS estimate?
            Fulgent Genetics’s EPS estimate is -0.39.
              How many shares outstanding does Fulgent Genetics have?
              Fulgent Genetics has 31,230,633 shares outstanding.
                What happened to Fulgent Genetics’s price movement after its last earnings report?
                Fulgent Genetics reported an EPS of $0.16 in its last earnings report, beating expectations of $0.03. Following the earnings report the stock price went down -38.086%.
                  Which hedge fund is a major shareholder of Fulgent Genetics?
                  Currently, no hedge funds are holding shares in FLGT
                  What is the TipRanks Smart Score and how is it calculated?
                  Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology

                    Company Description

                    Fulgent Genetics

                    Fulgent Genetics, Inc., together with its subsidiaries, provides COVID-19, molecular diagnostic, and genetic testing services to physicians and patients in the United States and internationally. The company offers genetic tests comprising Focus and Comprehensive oncology panels tests; Beacon carrier screening panels test for inherited conditions; solid tumor molecular profiling for somatic cancer testing; rapid whole genome testing for children in NICU and PICU; newborn genetic analysis panel; single front-line test to detect ataxia-related variants and repeat expansions through sequencing; picture genetics, a patient-initiated genetic testing; whole exome and clinical exome panel tests; whole genome, mutation, and repeat expansion testing services, as well as research service tests. It also provides next generation sequencing and reverse transcription polymerase chain reaction-based tests, as well as antigen-based diagnostic tests for the detection of SARS-CoV-2. In addition, the company offers flow cytometry, a cell analysis technique providing diagnosis, prognosis, and monitoring of malignancies; fluorescence in-situ hybridization for detecting and locating a specific DNA sequence on a chromosome; immunohistochemistry, an imaging technique used to visualize antigens in cells; cytogenetics, which analyzes the chromosome set for numerical and structural abnormalities; and molecular testing that includes hematopoietic and solid tumor molecular assays. The company serves insurance, hospitals, medical institutions, other laboratories, governmental bodies, payors, municipalities and large corporations, and patients. Fulgent Genetics has strategic partnership with Helio Health, Inc. to commercialize blood-based early cancer detection tests. The company was formerly known as Fulgent Diagnostics, Inc. and changed its name to Fulgent Genetics, Inc. in August 2016. Fulgent Genetics, Inc. was founded in 2011 and is headquartered in Temple City, California.

                    Fulgent Genetics (FLGT) Earnings & Revenues

                    FLGT Company Deck

                    FLGT Earnings Call

                    Q4 2026
                    0:00 / 0:00
                    Earnings Call Sentiment|Neutral
                    The call presented a mix of clear operational and strategic progress alongside meaningful near-term headwinds. Highlights include double-digit FY revenue growth (14%), robust segment growth in biopharma and diagnostics, strong margin performance in 2025, product/regulatory achievements (RNA-integrated WGS, ultra-rapid WGS, New York approvals), roll-out of an in-house digital pathology/AI platform (Ezeopath) and encouraging clinical-stage progress (FID-7 Phase 2 completion, FID-22 dose escalation). Offsetting these positives are the substantial near-term impact from the largest customer bringing volume in-house (approx. $59M estimated revenue loss), widening GAAP losses and an adjusted EBITDA loss in Q4, higher operating expenses and one-time charges, guidance for a widened 2026 non-GAAP operating loss (~-18%) and an expected non-GAAP EPS loss (-$1.45), and timing uncertainty from a delayed $106M tax refund. Management emphasizes that acquisitions (Bako/StrataDx), product innovation, AI/digital investments and a strong cash position are expected to offset the loss over time, but the first half of 2026 is expected to be pressured. Overall, the call balances meaningful strategic momentum and a strong balance sheet against significant short-term execution and margin challenges.View all FLGT earnings summaries

                    FLGT Stock 12 Month Forecast

                    Average Price Target

                    $22.00
                    ▼(-4.14% Downside)
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                    Ownership Overview

                    35.35%13.23%6.13%32.59%
                    35.35% Insiders
                    6.13% Other Institutional Investors
                    32.59% Public Companies and
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