Guardant Health - GH Stock Forecast, Price & News

15 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Guardant Health in the last twelve months. There are currently 1 hold rating and 14 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" GH shares.
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15 brokerages have issued 12 month target prices for Guardant Health's shares. Their GH share price forecasts range from $50.00 to $165.00. On average, they expect the company's share price to reach $99.60 in the next year. This suggests a possible upside of 110.3% from the stock's current price.
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Guardant Health's stock was trading at $100.02 at the beginning of 2022. Since then, GH stock has decreased by 52.7% and is now trading at $47.35.
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Guardant Health saw a increase in short interest during the month of November. As of November 15th, there was short interest totaling 4,210,000 shares, an increase of 5.5% from the October 31st total of 3,990,000 shares. Based on an average trading volume of 1,030,000 shares, the days-to-cover ratio is presently 4.1 days. Currently, 4.4% of the shares of the stock are short sold.
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The company is scheduled to release its next quarterly earnings announcement on Wednesday, February 22nd 2023.
View our GH earnings forecast.

Guardant Health, Inc. (NASDAQ:GH) released its quarterly earnings data on Thursday, November, 3rd. The company reported ($1.58) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($1.27) by $0.31. The business earned $117.40 million during the quarter, compared to the consensus estimate of $118.18 million. Guardant Health had a negative net margin of 140.58% and a negative trailing twelve-month return on equity of 145.58%.

Guardant Health updated its FY 2022 earnings guidance on Thursday, November, 10th. The company provided EPS guidance of for the period. The company issued revenue guidance of $440.00 million-$450.00 million, compared to the consensus revenue estimate of $461.29 million.

52 employees have rated Guardant Health Chief Executive Officer Helmy Eltoukhy on Glassdoor.com. Helmy Eltoukhy has an approval rating of 95% among the company's employees. This puts Helmy Eltoukhy in the top 30% of approval ratings compared to other CEOs of publicly-traded companies.

Based on aggregate information from My MarketBeat watchlists, some companies that other Guardant Health investors own include NVIDIA (NVDA), Trade Desk (TTD), Block (SQ), Alibaba Group (BABA), PayPal (PYPL), Shopify (SHOP), Okta (OKTA), Alteryx (AYX), Roku (ROKU) and Twilio (TWLO).

(GH) raised $200 million in an initial public offering on Thursday, October 4th 2018. The company issued 12,500,000 shares at a price of $15.00-$17.00 per share. J.P. Morgan and BofA Merrill Lynch acted as the underwriters for the IPO and Cowen, Leerink Partners and William Blair were co-managers.

Guardant Health trades on the NASDAQ under the ticker symbol "GH."

Guardant Health's stock is owned by a variety of retail and institutional investors. Top institutional investors include Vanguard Group Inc. (8.70%), Temasek Holdings Private Ltd (1.58%), Price T Rowe Associates Inc. MD (1.56%), Massachusetts Financial Services Co. MA (0.97%), Blue Water Life Science Advisors LP (0.96%) and Alliancebernstein L.P. (0.72%). Insiders that own company stock include Amelia Merrill, Amirali Talasaz, Bluebird (Cayman) Ltd Svf, Derek A Bertocci, Helmy Eltoukhy, Ian T Clark, Kumud Kalia, Michael J Wiley, Samir Kaul, Stanley J Meresman and Stanley J Meresman.
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Shares of GH 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 GH stock can currently be purchased for approximately $47.35.

Guardant Health (NASDAQ:GH) has a market capitalization of $4.85 billion and generates $373.65 million in revenue each year. The company earns $-405,670,000.00 in net income (profit) each year or ($5.93) on an earnings per share basis.

The company employs 1,373 workers across the globe.

Guardant Health's mailing address is 505 PENOBSCOT DR., REDWOOD CITY CA, 94063. The official website for the company is www.guardanthealth.com. The company can be reached via phone at (855) 698-8887, via email at investors@guardanthealth.com, or via fax at 888-974-4258.