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

1,645 Followers

FLGT Stock Chart & Stats

$19.81
-$0.31(-1.55%)
At close: 4:00 PM EDT
$19.81
-$0.31(-1.55%)

Bulls Say, Bears Say

Bulls Say
Low Leverage And LiquidityExtremely low leverage and substantial liquidity provide Fulgent with financial flexibility while it funds operations, acquisitions, and therapeutic development. This balance-sheet strength reduces debt-related constraints and gives management capacity to absorb near-term volatility while pursuing longer-term growth initiatives.
Anatomic Pathology GrowthStrong Anatomic Pathology growth and smooth integration of Bako and StrataDX expand Fulgent’s diagnostic platform and customer reach. The enlarged sales team and expected second-half contribution create a tangible revenue base that can support diversification beyond weaker precision diagnostics volumes.
Proprietary Therapeutic PipelineProgress in two internally controlled oncology programs adds a potential long-term growth avenue beyond laboratory testing. Encouraging Phase II activity, planned regulatory interaction, and the patented, fully owned CleanChemo platform could strengthen strategic differentiation if development milestones continue.
Bears Say
Persistent Losses And Cash BurnSustained losses and renewed negative cash generation indicate that the current operating base is not yet financially self-supporting. Continued cash burn can reduce the resources available for investment and shareholder returns, making a durable improvement in margins and operating efficiency important.
Revenue-cycle Execution RiskThe revenue-cycle transition is affecting both collections and revenue recognition, creating an execution issue that may persist until system customizations and payer feedback are completed. Uncertain recovery timing makes near-term forecasting less reliable and can prolong pressure on reported revenue and cash conversion.
Weak Precision Diagnostics DemandDeclining Precision Diagnostics revenue and the loss of volume from a large customer weaken an established business line at a time when company-wide profitability is already negative. Continued customer insourcing through the second half could offset growth from pathology and limit overall revenue expansion.

Fulgent Genetics News

FLGT FAQ

What was Fulgent Genetics Inc’s price range in the past 12 months?
Fulgent Genetics Inc lowest stock price was $13.46 and its highest was $31.04 in the past 12 months.
    What is Fulgent Genetics Inc’s market cap?
    Fulgent Genetics Inc’s market cap is $553.06M.
      When is Fulgent Genetics Inc’s upcoming earnings report date?
      Fulgent Genetics Inc’s upcoming earnings report date is Nov 05, 2026 which is in 15 days.
        How were Fulgent Genetics Inc’s earnings last quarter?
        Fulgent Genetics Inc 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 Inc overvalued?
          According to Wall Street analysts Fulgent Genetics Inc’s price is currently Overvalued. Get more investment ideas with TipRanks Premium
            Does Fulgent Genetics Inc pay dividends?
            Fulgent Genetics Inc does not currently pay dividends.
            What is Fulgent Genetics Inc’s EPS estimate?
            Fulgent Genetics Inc’s EPS estimate is -0.65.
              How many shares outstanding does Fulgent Genetics Inc have?
              Fulgent Genetics Inc has 27,515,293 shares outstanding.
                What happened to Fulgent Genetics Inc’s price movement after its last earnings report?
                Fulgent Genetics Inc 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 Inc?
                  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 Inc

                    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
                    ▼(-4.09% Downside)
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                    Ownership Overview

                    40.05%15.07%0.46%34.10%
                    40.05% Insiders
                    0.46% Other Institutional Investors
                    34.10% Public Companies and
                    Individual Investors
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