Want to see XGN full AI Analyst Report?
XGN Stock Chart & Stats
$4.68
-$0.28(-5.98%)
At close: 4:00 PM EDT
$4.68
-$0.28(-5.98%)
Day’s Range― - ―
52-Week Range$2.59 - $12.23
Previous Close$4.4
Volume201.76K
Average Volume (3M)221.75K
Market Cap
$159.64M
Enterprise Value$115.43
Total Cash (Recent Filing)$24.59M
Total Debt (Recent Filing)$25.55M
Price to Earnings (P/E)―
Beta1.43
Next Earnings
Nov 16, 2026EPS Estimate
-0.18Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.82
Shares Outstanding24,225,340
10 Day Avg. Volume254,689
30 Day Avg. Volume221,747
Financial Highlights & Ratios
PEG Ratio-0.54
Price to Book (P/B)7.51
Price to Sales (P/S)1.97
P/FCF Ratio-9.19
Enterprise Value/Market Cap<0.01
Enterprise Value/Revenue<0.01
Enterprise Value/Gross Profit<0.01
Enterprise Value/Ebitda>-0.01
Forecast
1Y Price Target
$9.80Price Target Upside109.40% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering5
EPS Forecast (FY)-0.69
Revenue Forecast (FY)$71.59M
Bulls Say, Bears Say
Bulls Say
Revenue Growth & Clinical AdoptionRecord quarterly revenue and test volume reflect accelerating commercial traction and broader clinician adoption. Durable growth in ordered/completed tests supports predictable top‑line expansion over the next several quarters as sales productivity and territory ramping continue, underpinning revenue scalability.
ASP Expansion And Gross MarginConsecutive ASP increases and stable ~60%+ gross margins indicate durable pricing power and favorable mix toward higher‑value payers and pharma services. Sustained ASP and margin expansion support unit economics, improving path to operating leverage as volumes grow over the coming 2–6 months.
Reduced Leverage And Governance StabilityMeaningful debt reduction lowers financial risk and interest burden, improving flexibility to fund commercialization and R&D. Combined with shareholder support for board/audit, this enhances governance stability and reduces near‑term refinancing pressure as the company pushes toward breakeven.
Bears Say
Negative Cash FlowPersistent negative operating and free cash flow mean the company still burns cash despite improvement. Over the next several months, Exagen will remain reliant on existing cash, AR recovery, or external financing until consistent positive operating cash generation is achieved at higher revenue levels.
Material Ongoing LossesWhile adjusted EBITDA approached breakeven, GAAP losses and negative operating profitability persist. Continued material losses limit internal capital formation and require sustained revenue and margin gains to convert operational improvements into durable profitability within the next few quarters.
Reimbursement / MolDX UncertaintyAn opaque, unresolved MolDX decision creates structural reimbursement risk for Medicare coverage. Outcome could affect pricing permanence and payer behavior; reliance on private payer appeals and ALJ processes makes reimbursement gains execution‑dependent and uncertain over a multi‑month horizon.
XGN FAQ
What was Exagen’s price range in the past 12 months?
Exagen lowest stock price was $2.59 and its highest was $12.23 in the past 12 months.
What is Exagen’s market cap?
Exagen’s market cap is $159.64M.
When is Exagen’s upcoming earnings report date?
Exagen’s upcoming earnings report date is Nov 16, 2026 which is in 93 days.
How were Exagen’s earnings last quarter?
Exagen released its earnings results on Aug 04, 2026. The company reported -$0.13 earnings per share for the quarter, beating the consensus estimate of -$0.191 by $0.061.
Is Exagen overvalued?
According to Wall Street analysts Exagen’s price is currently Undervalued.
Does Exagen pay dividends?
Exagen does not currently pay dividends.
What is Exagen’s EPS estimate?
Exagen’s EPS estimate is -0.18.
How many shares outstanding does Exagen have?
Exagen has 24,225,340 shares outstanding.
What happened to Exagen’s price movement after its last earnings report?
Exagen reported an EPS of -$0.13 in its last earnings report, beating expectations of -$0.191. Following the earnings report the stock price went up 37.821%.
Which hedge fund is a major shareholder of Exagen?
Currently, no hedge funds are holding shares in XGN
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
Exagen Stock Smart Score
Outperform
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Strong Buy
Average Price Target:
$9.80 (109.40% Upside)
$9.80 (109.40% Upside)
Blogger Sentiment
Neutral
XGN Sentiment 50%
Sector Average 61%
Sector Average 61%
Hedge Fund Trend
Increased
By 566.2K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Neutral
Last 7 Days ▲ 2.1%
Last 30 Days ▼ 1.5%
Last 30 Days ▼ 1.5%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-39.47%
12-Months-Change
Fundamentals
Return on Equity
―
Trailing 12-Months
Asset Growth
-11.62%
Trailing 12-Months
Company Description
Exagen
Exagen Inc. develops and commercializes diagnostic testing solutions, leveraging its proprietary cell-bound complement activation products (CB-CAPs) technology under the AVISE brand throughout the United States. The company's mission is to equip rheumatologists with advanced tools for the precise diagnosis, prognosis, and ongoing management of autoimmune and related diseases, including systemic lupus erythematosus (SLE) and rheumatoid arthritis (RA). Its flagship product, AVISE CTD, aids in distinguishing between various connective tissue diseases (CTDs) and other conditions with overlapping symptoms in symptomatic patients. The company's product portfolio includes AVISE Lupus, which assesses complement system activation by measuring B-cell C4d and erythrocyte-bound C4d in blood. AVISE APS offers a comprehensive panel of autoantibody tests for the diagnosis and management of Antiphospholipid Syndrome (APS). For SLE patients, AVISE SLE Prognostic provides an autoantibody panel to evaluate the potential for kidney, brain, and cardiovascular complications. Additionally, AVISE Vasculitis AAV utilizes a testing panel of individual analytes to assist physicians in the assessment and monitoring of anti-neutrophil cytoplasmic antibody (ANCA) associated vasculitis, while AVISE Anti-CarP helps identify RA patients prone to severe disease, and AVISE PC4d measures platelet-bound C4d. Further offerings include AVISE SLE Monitor, a biomarker blood test; AVISE MTX, a patented and validated blood test; and AVISE HCQ, designed to monitor hydroxychloroquine levels. Exagen also holds a research collaboration and license agreement with Allegheny Health Network (AHN) Research Institute to advance the development of novel patented biomarkers. Incorporated in 2002, the company was formerly known as Exagen Diagnostics, Inc. before rebranding to Exagen Inc. in January 2019. Its headquarters are located in Vista, California.
XGN Company Deck
XGN Earnings Call
Q2 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call conveyed strong operational and financial momentum: record revenue, record AVISE test volume, consecutive ASP growth (13 quarters), significant pharma services expansion, meaningful improvements in cash collections and near-breakeven adjusted EBITDA. Management raised full-year guidance and reiterated pipeline progress (myositis launch early 2027) and long-term ASP targets. Key risks include reimbursement uncertainty (pending MolDX LCD), seasonality and variability in collections and revenue recognition, and the remaining runway to achieve sustained adjusted EBITDA positivity around an $80M revenue run rate. Overall, positives — including multiple record metrics, improved margins and clear execution on RCM and commercial initiatives — materially outweigh the remaining operational and reimbursement headwinds.View all XGN earnings summariesXGN Stock 12 Month Forecast
All Analysts
Top Analysts
Average Price Target
$9.80
▲(109.40% Upside)
Technical Analysis
1 Day
3 Days
1 Week
1 Month
Ownership Overview
5.05% Insiders
4.27% Mutual Funds
3.68% Other Institutional Investors
83.94% Public Companies and
Individual Investors








