DexCom - DXCM Stock Forecast, Price & News

13 Wall Street analysts have issued "buy," "hold," and "sell" ratings for DexCom in the last twelve months. There are currently 2 hold ratings and 11 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" DXCM shares.
View DXCM analyst ratings or view top-rated stocks.

13 equities research analysts have issued 12 month price objectives for DexCom's stock. Their DXCM share price forecasts range from $105.00 to $146.00. On average, they predict the company's share price to reach $124.06 in the next twelve months. This suggests a possible upside of 8.9% from the stock's current price.
View analysts price targets for DXCM or view top-rated stocks among Wall Street analysts.

DexCom's stock was trading at $113.24 at the start of the year. Since then, DXCM stock has increased by 0.6% and is now trading at $113.96.
View the best growth stocks for 2023 here.

The company is scheduled to release its next quarterly earnings announcement on Thursday, April 27th 2023.
View our DXCM earnings forecast.

DexCom, Inc. (NASDAQ:DXCM) released its earnings results on Thursday, February, 9th. The medical device company reported $0.34 EPS for the quarter, topping the consensus estimate of $0.26 by $0.08. The medical device company earned $815.20 million during the quarter, compared to analysts' expectations of $814.52 million. DexCom had a trailing twelve-month return on equity of 16.66% and a net margin of 11.73%. The firm's revenue was up 16.8% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.17 earnings per share.
Read the conference call transcript.

ETFs with the largest weight of DexCom (NASDAQ:DXCM) stock in their portfolio include First Trust Nasdaq Lux Digital Health Solutions ETF (EKG), Global X Internet of Things Thematic ETF (SNSR), ProShares Nasdaq-100 Dorsey Wright Momentum ETF (QQQA), Global X Telemedicine & Digital Health ETF (EDOC), Fidelity Digital Health ETF (FDHT), American Century Mid Cap Growth Impact (MID), iShares U.S. Medical Devices ETF (IHI) and Neuberger Berman Disrupters ETF (NBDS).

DexCom shares split on the morning of Friday, June 10th 2022. The 4-1 split was announced on Friday, March 25th 2022. The newly issued shares were payable to shareholders after the closing bell on Thursday, June 9th 2022. An investor that had 100 shares of stock prior to the split would have 400 shares after the split.

DexCom issued an update on its FY 2023 earnings guidance on Tuesday, February, 28th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $3.35 billion-$3.49 billion, compared to the consensus revenue estimate of $3.47 billion.

347 employees have rated DexCom Chief Executive Officer Kevin Sayer on Glassdoor.com. Kevin Sayer has an approval rating of 88% among the company's employees.

Based on aggregate information from My MarketBeat watchlists, some companies that other DexCom investors own include NVIDIA (NVDA), PayPal (PYPL), Alibaba Group (BABA), Netflix (NFLX), Tesla (TSLA), Salesforce (CRM), ServiceNow (NOW), Walt Disney (DIS), Trade Desk (TTD) and Shopify (SHOP).

DexCom trades on the NASDAQ under the ticker symbol "DXCM."

DexCom's stock is owned by a variety of retail and institutional investors. Top institutional investors include Baillie Gifford & Co. (4.48%), Sands Capital Management LLC (4.02%), Jennison Associates LLC (2.38%), Geode Capital Management LLC (2.10%), Clearbridge Investments LLC (1.25%) and Blair William & Co. IL (1.14%). Insiders that own company stock include Andrew K Balo, Andrew K Balo, Barbara Kahn, Barry J Regan, Bridgette P Heller, Chad Patterson, Jacob Steven Leach, Jay S Skyler, Jereme M Sylvain, Jereme M Sylvain, Kevin R Sayer, Kevin R Sayer, Mark G Foletta, Matthew Vincent Dolan, Nicholas Augustinos, Patrick Michael Murphy, Paul R Flynn, Paul R Flynn, Quentin S Blackford, Richard Alexander Collins, Richard Doubleday, Sadie Stern, Shelly Ramasamy Selvaraj, Steven R Altman, Steven Robert Pacelli and Sumi Shrishrimal.
View institutional ownership trends.

Shares of DXCM 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.
Compare Top Brokerages Here.

One share of DXCM stock can currently be purchased for approximately $113.96.

DexCom (NASDAQ:DXCM) has a market capitalization of $44.04 billion and generates $2.91 billion in revenue each year. The medical device company earns $341.20 million in net income (profit) each year or $0.8125 on an earnings per share basis.

The company employs 7,600 workers across the globe.

DexCom's mailing address is 6340 SEQUENCE DRIVE, SAN DIEGO CA, 92121. The official website for the company is www.dexcom.com. The medical device company can be reached via phone at (858) 200-0200, via email at investorrelations@dexcom.com, or via fax at 858-200-0201.