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

1,645 Followers

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 very low debt load and a multi-hundred-million dollar cash position provide durable financial flexibility to fund operations, acquisitions, R&D and potential clinical milestones without near-term refinancing pressure. This resiliency supports strategic pivots and investment during a multi-quarter recovery.
Acquisitions Expanding Pathology FootprintThe Bako/StrataDx deals broaden specialized dermatopathology capabilities, add lab capacity and materially expand the pathology salesforce. Those structural additions increase addressable market, create cross-sell opportunities across a larger test menu, and should sustainably lift H2 revenue contribution.
Therapeutic Pipeline Progress (FID-007)Positive Phase II data and high-visibility ASCO presentation validate the clinical potential of FID-007, supporting plans for an end-of-Phase-II FDA meeting and potential Phase III. Successful advancement would diversify revenue into therapeutics and strengthen long-term strategic positioning in oncology.
Bears Say
Severe Cash BurnSustained negative operating and free cash flows represent a structural funding drain that can erode capital if losses persist. Even with strong cash reserves, prolonged cash burn increases reliance on balance-sheet liquidity and may constrain discretionary spending and strategic optionality over multiple quarters.
Revenue Contraction And Negative MarginsA large post-peak revenue decline and deeply negative operating margins indicate the fixed-cost base and cost structure have not meaningfully reset to current volumes. This structural mismatch risks continued losses unless revenue scales meaningfully or cost reductions are sustained.
Volume Concentration And Operational VolatilityReliance on high-volume customers and timing-sensitive claims processing creates persistent revenue volatility. Large customer volume swings, seasonality, and backlog timing can depress utilization and margins across quarters, complicating forecasting and the path to stable, predictable growth.

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 $552.11M.
      When is Fulgent Genetics’s upcoming earnings report date?
      Fulgent Genetics’s upcoming earnings report date is Jul 31, 2026 which is in 35 days.
        How were Fulgent Genetics’s earnings last quarter?
        Fulgent Genetics released its earnings results on May 01, 2026. The company reported -$0.36 earnings per share for the quarter, missing the consensus estimate of -$0.348 by -$0.012.
          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 -0.46.
              How many shares outstanding does Fulgent Genetics have?
              Fulgent Genetics has 28,400,623 shares outstanding.
                What happened to Fulgent Genetics’s price movement after its last earnings report?
                Fulgent Genetics reported an EPS of -$0.36 in its last earnings report, missing expectations of -$0.348. Following the earnings report the stock price went down -6.978%.
                  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

                    Q1 2026
                    0:00 / 0:00
                    Earnings Call Sentiment|Neutral
                    The call presented a mixed picture: operational headwinds in Q1 (revenue declines, margin pressure, an ongoing transition of a large customer and short-term cash outflows for acquisition and buybacks) were balanced by strategic positives (completed acquisitions that expand pathology capacity and salesforce, strong cash balance, reiterated full-year revenue guidance, notable progress in the therapeutic pipeline with ASCO recognition, AI/product innovations and regulatory/pricing wins for PGx tests). Management expects normalization of margins and revenue growth in H2 driven by acquisition contribution and backlog clearance, but near-term volatility and losses remain evident.View all FLGT earnings summaries

                    FLGT Stock 12 Month Forecast

                    Average Price Target

                    $15.00
                    ▼(-34.64% Downside)
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                    Ownership Overview

                    38.89%13.31%13.66%24.58%
                    38.89% Insiders
                    13.66% Other Institutional Investors
                    24.58% Public Companies and
                    Individual Investors
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