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10X Genomics (TXG)
NASDAQ:TXG
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10x Genomics (TXG) Price & Analysis

1,257 Followers

TXG Stock Chart & Stats

$26.08
-$0.12(-0.77%)
At close: 4:00 PM EST
$26.08
-$0.12(-0.77%)

Bulls Say, Bears Say

Bulls Say
Recurring Consumables Growth / Platform Flywheel10x's business model generates recurring consumables revenue after instrument placement. Double‑digit consumables growth (13% total, 31% spatial) shows underlying use‑rate expansion and workflow entrenchment, a durable revenue engine that scales with customer experiments rather than one‑time equipment sales.
High Gross Margins And Improving Margin ProfileSustained ~70% gross margin reflects high‑margin consumables and disciplined cost drivers (lower warranty and inventory write‑downs). High consumables margins provide room to invest in R&D and absorb instrument mix shifts, supporting longer‑term path to profitability even during equipment cycles.
Stronger Cash Generation And Resilient Balance SheetPositive TTM operating and free cash flow and a sizeable cash balance give 10x flexibility to fund product launches, R&D, and commercialization. Low debt (debt/equity ~0.10) and a stronger cash position reduce financial risk and support multi‑quarter product rollouts and ecosystem expansion.
Bears Say
Sharp TTM Revenue DeclineA ~-62.8% TTM revenue decline materially weakens operating leverage and makes margin gains more tenuous. Sustained top‑line contraction increases dependence on consumables growth and successful new product ramps to restore scale economics and convert margin improvements into consistent operating profits.
Modest Full‑year Growth Guidance & Instrument HeadwindsManagement's low single‑digit growth outlook and expected mid‑year revenue step‑downs signal limited near‑term top‑line momentum. Persistent instrument demand softness and timing shifts constrain revenue scalability and slow the conversion of margin and cash improvements into durable operating leverage.
Constrained Atara Production And Platform Transition RisksLimited 2026 Atara placements cap early revenue from the major product launch. In addition, management notes instrument margins for Atara are below portfolio average and the platform may cannibalize legacy spatial products, which can compress margin upside and delay net consumables lift from the new platform.

10x Genomics News

TXG FAQ

What was 10X Genomics’s price range in the past 12 months?
10X Genomics lowest stock price was $10.47 and its highest was $35.65 in the past 12 months.
    What is 10X Genomics’s market cap?
    10X Genomics’s market cap is $4.95B.
      When is 10X Genomics’s upcoming earnings report date?
      10X Genomics’s upcoming earnings report date is Aug 06, 2026 which is in 30 days.
        How were 10X Genomics’s earnings last quarter?
        10X Genomics released its earnings results on May 07, 2026. The company reported -$0.1 earnings per share for the quarter, beating the consensus estimate of -$0.275 by $0.175.
          Is 10X Genomics overvalued?
          According to Wall Street analysts 10X Genomics’s price is currently Undervalued. Get more investment ideas with TipRanks Premium
            Does 10X Genomics pay dividends?
            10X Genomics does not currently pay dividends.
            What is 10X Genomics’s EPS estimate?
            10X Genomics’s EPS estimate is -0.24.
              How many shares outstanding does 10X Genomics have?
              10X Genomics has 116,877,320 shares outstanding.
                What happened to 10X Genomics’s price movement after its last earnings report?
                10X Genomics reported an EPS of -$0.1 in its last earnings report, beating expectations of -$0.275. Following the earnings report the stock price went down -3.657%.
                  Which hedge fund is a major shareholder of 10X Genomics?
                  Currently, no hedge funds are holding shares in TXG
                  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

                    10X Genomics

                    Headquartered in Pleasanton, California, 10x Genomics, Inc. (founded in 2012 and known as 10X Technologies, Inc. until November 2014) is a prominent life science technology company. The firm specializes in creating and distributing sophisticated instrumentation, essential consumables, and software designed for in-depth analysis of biological systems. Its market presence extends globally, covering North America, Europe, the Middle East, Africa, China, and the Asia Pacific. The company's offerings feature Chromium and Chromium Connect instruments, supported by indispensable items such as microfluidic chips, slides, and reagents. A significant portion of their portfolio focuses on single-cell solutions, leveraging their Chromium platforms. These allow for precise measurement of gene activity at the individual cell level (single cell gene expression), detailed assessment of immune cell function and their targets (single cell immune profiling), exploration of DNA's physical organization and epigenetic modifications (single cell Assay for Transposase Accessible Chromatin - ATAC), and the concurrent quantification of both genetic activity and epigenetic programming across tens of thousands of cells in a single experiment (single cell multiome ATAC + gene expression). Additionally, 10x Genomics offers the Visium spatial gene expression solution, which maps gene activity patterns within specific tissue sections and can also facilitate co-detection of gene expression and proteins when paired with immunofluorescence. Their varied customer base includes academic, governmental, biopharmaceutical, and biotechnology organizations, among others.

                    10x Genomics (TXG) Earnings & Revenues

                    TXG Earnings Call

                    Q1 2026
                    0:00 / 0:00
                    Earnings Call Sentiment|Positive
                    The call emphasized a major product milestone (Atara) with strong consumables momentum, margin improvement, expense discipline, and a strengthened cash position, balanced against notable near-term headwinds in instrument revenue, limited initial Atara production capacity, and modest full-year growth guidance. Management framed the instrument declines as temporary and incorporated anticipated customer timing shifts into guidance, while positioning Atara and existing platforms to drive longer-term TAM expansion, AI-driven demand, and translational adoption.View all TXG earnings summaries

                    TXG Revenue Breakdown

                    60.32%60.32%22.99%8.45%8.24%
                    60.32% Americas
                    22.99% EMEA
                    8.45% Asia-Pacific excluding China
                    8.24% China
                    tipranks

                    TXG Stock 12 Month Forecast

                    Average Price Target

                    $28.50
                    ▲(9.28% Upside)
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<span style=\"color:#199ca5\" class=\"mb3 mt2 fonth8_semibold\"> Strong Buy</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 6,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 13, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 0</span>\n      ","marker":{"lineColor":"#199ca5","enabled":true,"symbol":"circle"}},{"y":13.08,"date":1754006400000,"info":" <span style=\"color:#199ca5\" class=\"mb3 mt2 fonth8_semibold\"> Strong Buy</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 8,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 12, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 0</span>\n      ","marker":{"lineColor":"#199ca5","enabled":true,"symbol":"circle"}},{"y":13.37,"date":1756684800000,"info":" <span style=\"color:#199ca5\" class=\"mb3 mt2 fonth8_semibold\"> Strong Buy</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 6,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 11, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 0</span>\n      ","marker":{"lineColor":"#199ca5","enabled":true,"symbol":"circle"}},{"y":12.39,"date":1759276800000,"info":" <span style=\"color:#199ca5\" class=\"mb3 mt2 fonth8_semibold\"> Strong Buy</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 10,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 11, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 0</span>\n      ","marker":{"lineColor":"#199ca5","enabled":true,"symbol":"circle"}},{"y":13.64,"date":1761955200000,"info":" <span style=\"color:#199ca5\" class=\"mb3 mt2 fonth8_semibold\"> Strong Buy</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 7,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 10, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 0</span>\n      ","marker":{"lineColor":"#199ca5","enabled":true,"symbol":"circle"}},{"y":18.08,"date":1764547200000,"info":" <span style=\"color:#199ca5\" class=\"mb3 mt2 fonth8_semibold\"> Strong Buy</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 9,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 12, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 0</span>\n      ","marker":{"lineColor":"#199ca5","enabled":true,"symbol":"circle"}},{"y":16.31,"date":1767225600000,"info":" <span style=\"color:#199ca5\" class=\"mb3 mt2 fonth8_semibold\"> Strong Buy</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 6,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 15, \t&nbsp;</span>\n    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","marker":{"lineColor":"#199ca5","enabled":true,"symbol":"circle"}},{"y":22.05,"date":1775001600000,"info":" <span style=\"color:#199ca5\" class=\"mb3 mt2 fonth8_semibold\"> Strong Buy</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 11,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 12, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 0</span>\n      ","marker":{"lineColor":"#199ca5","enabled":true,"symbol":"circle"}},{"y":22.43,"date":1777593600000,"info":" <span style=\"color:#199ca5\" class=\"mb3 mt2 fonth8_semibold\"> Strong Buy</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 9,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 11, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 0</span>\n      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