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Exagen (DE:E08A)
NASDAQ:E08A

Exagen (E08A) Price & Analysis

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E08A Stock Chart & Stats

€2.46
-€0.10(-3.13%)
At close: 4:00 PM EST
€2.46
-€0.10(-3.13%)

Bulls Say, Bears Say

Bulls Say
Sustained Revenue, Volume And ASP ExpansionConsistent top‑line growth, double‑digit volume gains and twelve consecutive quarters of TTM ASP increases indicate durable commercial traction and pricing power. This combination supports recurring revenue expansion and improving unit economics, underpinning medium‑term scalability if reimbursement holds.
High Gross Margins With Clear Path To ImprovementHigh‑50% current gross margins demonstrate favorable test economics and pricing leverage. Management's explicit path to mid‑60s margins suggests further ASP improvement and scale can sustainably lift profitability per test, supporting margin durability as volumes grow.
Improving Leverage And Liquidity RunwayA materially improved leverage profile and a ~$22M cash balance reduce near‑term solvency risk and provide runway for commercial expansion and R&D. This stronger balance sheet enhances strategic optionality and lowers refinancing pressure over the next several quarters.
Bears Say
Persistent Operating Losses And Negative Cash FlowOngoing GAAP losses and consistently negative operating and free cash flow indicate the business still consumes capital to operate. This structural cash burn limits reinvestment capacity, raises dependency on external financing, and constrains the firm's ability to self‑fund growth absent sustained margin or volume gains.
Reimbursement Uncertainty From Pending LCDUnresolved local coverage decisions create structural uncertainty around Medicare and downstream commercial reimbursement. A delayed or unfavorable LCD would impair realized ASPs and payer access, undermining revenue visibility and the firm's ability to realize projected mid‑cycle pricing and margin improvements.
Reliance On Lumpy Prior‑period Collections And AR TimingMaterial ASP gains tied to one‑off, aged collections signal revenue sensitivity to receivables timing. Dependence on sporadic collections makes realized price and cash generation volatile, complicating planning and raising the risk that ASP/margin improvements are transient rather than steady.

Exagen News

E08A FAQ

What was Exagen’s price range in the past 12 months?
Exagen lowest stock price was €2.26 and its highest was €10.20 in the past 12 months.
    What is Exagen’s market cap?
    Exagen’s market cap is €95.61M.
      When is Exagen’s upcoming earnings report date?
      Exagen’s upcoming earnings report date is Aug 10, 2026 which is in 39 days.
        How were Exagen’s earnings last quarter?
        Exagen released its earnings results on May 11, 2026. The company reported -€0.149 earnings per share for the quarter, beating the consensus estimate of -€0.205 by €0.055.
          Is Exagen overvalued?
          According to Wall Street analysts Exagen’s price is currently Undervalued. Get more investment ideas with TipRanks Premium
            Does Exagen pay dividends?
            Exagen does not currently pay dividends.
            What is Exagen’s EPS estimate?
            Exagen’s EPS estimate is -0.17.
              How many shares outstanding does Exagen have?
              Exagen has 24,159,840 shares outstanding.
                What happened to Exagen’s price movement after its last earnings report?
                Exagen reported an EPS of -€0.149 in its last earnings report, beating expectations of -€0.205. Following the earnings report the stock price went up 17.886%.
                  Which hedge fund is a major shareholder of Exagen?
                  Currently, no hedge funds are holding shares in DE:E08A
                  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

                    6
                    Neutral
                    1
                    2
                    3
                    4
                    5
                    6
                    7
                    8
                    9
                    10

                    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.

                    Exagen (E08A) Earnings & Revenues

                    E08A Company Deck

                    E08A Earnings Call

                    Q1 2026
                    0:00 / 0:00
                    Earnings Call Sentiment|Positive
                    The call conveyed meaningful operational and commercial progress: record revenue (+12% YoY), double‑digit volume growth (+10% YoY), consistent ASP expansion (+6% YoY TTM) and improved adjusted EBITDA (14% improvement). The company also highlighted a growing pharma services backlog (> $5M), ongoing innovation (myositis target early 2027) and a healthy cash balance (~$22M). Offsetting risks include weather‑related volume loss in Q1, continued GAAP operating losses, reliance on lumpy prior‑period collections for ASP upside, an unresolved LCD timing risk, and the earlier loss of a client‑bill account. On balance the positives—organic growth, commercial momentum, ASP gains and pipeline advancement—outweigh the near‑term headwinds and uncertainties.View all DE:E08A earnings summaries

                    E08A Stock 12 Month Forecast

                    Average Price Target

                    €7.01
                    ▲(185.13% Upside)
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