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Exagen (XGN)
NASDAQ:XGN
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Exagen (XGN) Price & Analysis

228 Followers

XGN Stock Chart & Stats

$3.08
$0.07(2.14%)
At close: 4:00 PM EST
$3.08
$0.07(2.14%)

Bulls Say, Bears Say

Bulls Say
Revenue & Volume GrowthSustained organic growth—double‑digit revenue and volume gains with a stable mid‑30k run rate—signals durable commercial traction and share gains versus ~5% market growth. This supports scale benefits, more predictable lab throughput and longer‑term revenue visibility over coming quarters.
High, Improving Gross MarginsConsistently high gross margins (high‑50s) and management's plan to expand toward mid‑60s point to strong product economics and pricing power. Durable margin expansion from ASP gains and scale would underpin improved operating leverage and a clearer path to sustainable profitability.
Improved LeverageReduced leverage materially lowers balance‑sheet risk and increases financial flexibility. Combined with a cash balance near $22M and a growing pharma services backlog, the company has more runway to invest in sales, R&D and commercialization while limiting immediate refinancing pressure.
Bears Say
Persistent Cash BurnContinued negative operating and free cash flow shows the business still consumes cash to operate and scale. This structural cash gap makes the company reliant on collections timing or external financing and constrains reinvestment without reaching sustained positive cash generation.
Ongoing Operating LossesPersistent GAAP losses and negative returns on equity indicate the business has not yet scaled to cover fixed costs. Even with revenue growth, ongoing losses limit internal capital formation and heighten execution risk until margins and operating income sustainably cross into profitability.
Reimbursement & Collection RisksUnresolved local coverage determinations and reliance on lumpy prior‑period collections create structural revenue uncertainty. Reimbursement timing and collectability can materially affect realized ASP and cash flow, making revenue and margin targets sensitive to payer decisions and RCM execution.

Exagen News

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 $106.06M.
      When is Exagen’s upcoming earnings report date?
      Exagen’s upcoming earnings report date is Aug 04, 2026 which is in 14 days.
        How were Exagen’s earnings last quarter?
        Exagen released its earnings results on May 11, 2026. The company reported -$0.17 earnings per share for the quarter, beating the consensus estimate of -$0.233 by $0.063.
          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 -0.19.
              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 -$0.17 in its last earnings report, beating expectations of -$0.233. Following the earnings report the stock price went up 34.915%.
                  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

                    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 (XGN) Earnings & Revenues

                    XGN Stock 12 Month Forecast

                    Average Price Target

                    $8.00
                    ▲(159.74% Upside)
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                    Ownership Overview

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