CareDx - CDNA Stock Forecast, Price & News

3 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for CareDx in the last year. There are currently 2 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street research analysts is that investors should "buy" CDNA shares.
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3 analysts have issued twelve-month price targets for CareDx's shares. Their CDNA share price forecasts range from $37.00 to $87.00. On average, they anticipate the company's stock price to reach $56.50 in the next year. This suggests a possible upside of 230.4% from the stock's current price.
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CareDx's stock was trading at $45.48 at the start of the year. Since then, CDNA shares have decreased by 62.4% and is now trading at $17.10.
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The company is scheduled to release its next quarterly earnings announcement on Thursday, October 27th 2022.
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CareDx, Inc (NASDAQ:CDNA) issued its quarterly earnings data on Thursday, August, 4th. The company reported ($0.41) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.30) by $0.11. The firm earned $80.63 million during the quarter, compared to analysts' expectations of $81.85 million. CareDx had a negative net margin of 22.04% and a negative trailing twelve-month return on equity of 15.09%. The firm's quarterly revenue was up 8.7% compared to the same quarter last year. During the same quarter in the prior year, the firm posted ($0.04) earnings per share.

CareDx updated its FY 2022 earnings guidance on Thursday, August, 25th. The company provided EPS guidance of for the period. The company issued revenue guidance of $325.00 million-$335.00 million, compared to the consensus revenue estimate of $337.92 million.

Based on aggregate information from My MarketBeat watchlists, some companies that other CareDx investors own include Block (SQ), Roku (ROKU), Exact Sciences (EXAS), NVIDIA (NVDA), Advanced Micro Devices (AMD), Tesla (TSLA), Enphase Energy (ENPH), Johnson & Johnson (JNJ), Activision Blizzard (ATVI) and Alibaba Group (BABA).

CareDx trades on the NASDAQ under the ticker symbol "CDNA."

Shares of CDNA stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of CDNA stock can currently be purchased for approximately $17.10.

CareDx (NASDAQ:CDNA) has a market capitalization of $914.13 million and generates $296.40 million in revenue each year. The company earns $-30,660,000.00 in net income (profit) each year or ($1.32) on an earnings per share basis.

The company employs 633 workers across the globe.

CareDx's mailing address is 1 TOWER PLACE 9TH FLOOR, SOUTH SAN FRANCISCO CA, 94080. The official website for the company is www.caredxinc.com. The company can be reached via phone at (415) 287-2300, via email at caroline.corner@westwicke.com, or via fax at 415-287-2450.