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Fulgent Genetics (FLGT)
NASDAQ:FLGT
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Fulgent Genetics (FLGT) Price & Analysis

1,647 Followers

FLGT Stock Chart & Stats

$19.67
-$0.31(-1.55%)
At close: 4:00 PM EDT
$19.67
-$0.31(-1.55%)

Bulls Say, Bears Say

Bulls Say
Strong Liquidity & Low LeverageA very large cash balance and negligible debt give Fulgent multi-quarter flexibility to fund operations, invest in R&D and trials, and absorb near-term losses without immediate financing. This financial cushion supports execution of strategic investments and share repurchases while revenue recovers.
Therapeutic Pipeline ProgressEncouraging Phase II data and a clear Phase III timetable represent a durable strategic pivot into oncology therapeutics. If trials progress as planned, successful registration would create higher-margin revenue streams and diversify the company's business away from commoditized testing services over the medium term.
Product & Acquisition-driven DiversificationRapid anatomic pathology growth plus successful integrations broaden the service mix and reduce reliance on any single segment. Enhanced AI, deeper WGS coverage, and EMR integration improve clinician access and differentiation, supporting more durable customer relationships and cross-sell opportunities.
Bears Say
Sustained Cash Burn & LossesPersistent negative operating and free cash flow, together with a large negative net margin, indicate the core diagnostics business is not currently generating sustainable profits. Continued cash burn forces reliance on reserves, limits reinvestment flexibility, and risks altering strategic plans if losses do not reverse.
Revenue-cycle Transition & Collections RiskA prolonged revenue-cycle transition that depresses collections creates structural uncertainty over revenue recognition and cash conversion. Until customizations and payer feedback are resolved, forecasting and working capital management remain impaired, increasing execution risk over coming quarters.
Customer Volume Decline In Core TestingThe loss of meaningful volume from a large customer and a YoY decline in a core segment reflect exposure to customer insourcing and competitive pressures. These trends can structurally reduce baseline testing revenue and make growth dependent on successful diversification and new business wins.

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 $455.38M.
      When is Fulgent Genetics’s upcoming earnings report date?
      Fulgent Genetics’s upcoming earnings report date is Nov 06, 2026 which is in 91 days.
        How were Fulgent Genetics’s earnings last quarter?
        Fulgent Genetics released its earnings results on Jul 30, 2026. The company reported -$0.58 earnings per share for the quarter, missing the consensus estimate of -$0.46 by -$0.12.
          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 -0.65.
              How many shares outstanding does Fulgent Genetics have?
              Fulgent Genetics has 27,515,293 shares outstanding.
                What happened to Fulgent Genetics’s price movement after its last earnings report?
                Fulgent Genetics reported an EPS of -$0.58 in its last earnings report, missing expectations of -$0.46. Following the earnings report the stock price went down -18.11%.
                  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 affiliated companies, offers a comprehensive suite of COVID-19, molecular diagnostic, and genetic testing services to healthcare providers and individuals globally. Their diverse array of genetic tests covers a wide range of applications, including extensive oncology panels and solid tumor molecular profiling for cancer identification, Beacon carrier screening for inherited conditions, and specialized rapid whole genome testing for critically ill infants in NICU and PICU units. Other offerings include a newborn genetic analysis panel, a front-line test to sequence ataxia-related variants, and patient-initiated genetic testing via Picture Genetics. They also provide comprehensive whole exome, clinical exome, whole genome, mutation, and repeat expansion testing, alongside research service tests. For COVID-19, the company delivers next-generation sequencing, reverse transcription polymerase chain reaction (RT-PCR), and antigen-based diagnostic solutions for SARS-CoV-2. Beyond genetic and COVID-19 diagnostics, Fulgent Genetics performs advanced laboratory analyses such as flow cytometry for cell analysis and malignancy monitoring, fluorescence in-situ hybridization (FISH) for specific DNA sequence detection, immunohistochemistry (IHC) to visualize cellular antigens, and cytogenetics for assessing chromosomal anomalies, in addition to molecular testing for both hematopoietic and solid tumors. Their clientele is broad, including insurance companies, hospitals, medical institutions, fellow laboratories, government agencies, payors, municipal bodies, major corporations, and direct patients. The company has formed a strategic partnership with Helio Health, Inc. to commercialize blood-based early cancer detection tests. Founded in 2011 and headquartered in Temple City, California, the company was previously known as Fulgent Diagnostics, Inc. before adopting its current name in August 2016.

                    Fulgent Genetics (FLGT) Earnings & Revenues

                    FLGT Company Deck

                    FLGT Earnings Call

                    Q2 2026
                    0:00 / 0:00
                    Earnings Call Sentiment|Neutral
                    The call presents a mixed picture: meaningful operational and near-term financial headwinds driven by a complex revenue-cycle transition and loss of volume from a large customer led management to reduce full-year revenue guidance and report wider losses. Offsetting these challenges are strong cash reserves, successful integration of recent acquisitions, sequential margin improvement, continued share repurchases, product and AI advancements, and tangible progress in the therapeutic pipeline (FID-007 and FID-022). The issues are material to near-term results, but the company retains financial flexibility and long-term growth drivers.View all FLGT earnings summaries

                    FLGT Stock 12 Month Forecast

                    Average Price Target

                    $19.00
                    ▼(-3.41% Downside)
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                    Ownership Overview

                    40.11%15.07%2.30%32.59%
                    40.11% Insiders
                    2.30% Other Institutional Investors
                    32.59% Public Companies and
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