NASDAQ:TXG 10x Genomics (TXG) Stock Forecast, Price & News $41.25 0.00 (0.00%) (As of 09/29/2023 ET) Add Compare Share Share Today's Range$40.76▼$41.9250-Day Range$40.86▼$62.9852-Week Range$23.81▼$63.57Volume1.04 million shsAverage Volume918,106 shsMarket Capitalization$4.84 billionP/E RatioN/ADividend YieldN/APrice Target$57.00 ProfileProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainabilityProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability 10x Genomics MarketRank™ ForecastAnalyst RatingModerate Buy2.67 Rating ScoreUpside/Downside38.2% Upside$57.00 Price TargetShort InterestBearish4.30% of Shares Sold ShortDividend StrengthN/ASustainability-0.73Upright™ Environmental ScoreNews Sentiment0.53Based on 6 Articles This WeekInsider TradingSelling Shares$4.68 M Sold Last QuarterProj. Earnings GrowthGrowingFrom ($1.76) to ($1.32) Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.39 out of 5 starsMedical Sector254th out of 972 stocksAnalytical Instruments Industry11th out of 28 stocks 3.3 Analyst's Opinion Consensus Rating10x Genomics has received a consensus rating of Moderate Buy. The company's average rating score is 2.67, and is based on 7 buy ratings, 1 hold rating, and 1 sell rating.Price Target Upside/DownsideAccording to analysts' consensus price target of $57.00, 10x Genomics has a forecasted upside of 38.2% from its current price of $41.25.Amount of Analyst Coverage10x Genomics has only been the subject of 4 research reports in the past 90 days. Previous Next 2.0 Short Interest Percentage of Shares Shorted4.30% of the outstanding shares of 10x Genomics have been sold short.Short Interest Ratio / Days to Cover10x Genomics has a short interest ratio ("days to cover") of 5.4.Change versus previous monthShort interest in 10x Genomics has recently increased by 5.65%, indicating that investor sentiment is decreasing significantly. Previous Next 0.0 Dividend Strength Dividend Yield10x Genomics does not currently pay a dividend.Dividend Growth10x Genomics does not have a long track record of dividend growth. Previous Next 4.8 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) Score10x Genomics has received a 76.81% net impact score from Upright. The largest positive contribution comes from its "Physical diseases" impact, which is mostly driven by its "Biochemical assay kits", "Microfluidic biochips", and "Workflow automation software for clinical laboratories" products. See details.Environmental SustainabilityThe Environmental Impact score for 10x Genomics is -0.73. Previous Next 2.5 News and Social Media Coverage News Sentiment10x Genomics has a news sentiment score of 0.53. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.68 average news sentiment score of Medical companies.News Coverage This WeekMarketBeat has tracked 6 news articles for 10x Genomics this week, compared to 3 articles on an average week.Search Interest7 people have searched for TXG on MarketBeat in the last 30 days. This is an increase of 75% compared to the previous 30 days.MarketBeat FollowsOnly 5 people have added 10x Genomics to their MarketBeat watchlist in the last 30 days. This is a decrease of -44% compared to the previous 30 days. Previous Next 3.3 Company Ownership Insider Buying vs. Insider SellingIn the past three months, 10x Genomics insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $4,679,516.00 in company stock.Percentage Held by Insiders10.65% of the stock of 10x Genomics is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by Institutions79.16% of the stock of 10x Genomics is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 0.6 Earnings and Valuation Earnings GrowthEarnings for 10x Genomics are expected to grow in the coming year, from ($1.76) to ($1.32) per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of 10x Genomics is -27.68, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of 10x Genomics is -27.68, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Book Value per Share Ratio10x Genomics has a P/B Ratio of 5.90. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About 10x Genomics (NASDAQ:TXG) Stock10x Genomics, Inc., a life science technology company, develops and sells instruments, consumables, and software for analyzing biological systems in North America, Europe, the Middle East, Africa, China, and the Asia Pacific. The company provides chromium and chromium connect instruments, microfluidic chips, slides, reagents, and other consumables products. Its single cell solutions runs on its chromium instruments, which include single cell gene expression for measuring gene activity on a cell-by-cell basis; single cell immune profiling for measuring the activity of immune cells and their targets; single cell Assay for Transposase Accessible Chromati (ATAC) for measuring epigenetics comprising the physical organization of DNA; and single cell multiome ATAC + gene expression for measuring the genetic activity and epigenetic programming in the same cells across tens of thousands of cells in a single experiment. The company also provides visium spatial gene expression solution for measuring spatial gene expression patterns across a single tissue sample or gene expression and protein co-detection when combined with immunofluorescence. It serves various academic, government, biopharmaceutical, biotechnology, and other institutions. The company was formerly known as 10X Technologies, Inc. and changed its name to 10x Genomics, Inc. in November 2014. 10x Genomics, Inc. was incorporated in 2012 and is headquartered in Pleasanton, California.Read More TXG Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart TXG Stock News HeadlinesOctober 1, 2023 | americanbankingnews.com10x Genomics (NASDAQ:TXG) Price Target Cut to $47.00September 28, 2023 | finance.yahoo.comiRhythm Technologies (IRTC) Moves 7.4% Higher: Will This Strength Last?October 1, 2023 | Legacy Research (Ad)Man Gets Into a Self-Driving Tesla… What Happens Next will Shock Everyone (Video)“Hi, I’m Teeka Tiwari...I’m about to get in this Tesla and drive up to a facility just a few miles from here to show you what could be the secret behind Elon Musk’s new AI project… What happens next will shock you…”September 19, 2023 | msn.comCanaccord Genuity Reiterates 10x Genomics Inc - (TXG) Buy RecommendationSeptember 19, 2023 | msn.comNanoString falls afterprelim injunction in Germany in dispute with 10x Genomics (update)September 18, 2023 | finance.yahoo.comUnveiling 10x Genomics (TXG)'s Value: Is It Really Priced Right? A Comprehensive GuideSeptember 14, 2023 | reuters.com10x Genomics defeats startup's attempt to end gene-analysis patent caseSeptember 14, 2023 | finance.yahoo.com10x Genomics Expands Gene Expression Flex Offering with New High-Throughput Multiomic Profiling KitOctober 1, 2023 | Legacy Research (Ad)Man Gets Into a Self-Driving Tesla… What Happens Next will Shock Everyone (Video)“Hi, I’m Teeka Tiwari...I’m about to get in this Tesla and drive up to a facility just a few miles from here to show you what could be the secret behind Elon Musk’s new AI project… What happens next will shock you…”September 12, 2023 | benzinga.comPsomagen Puts Spatial Biology and Multiomics in Focus, first CRO to launch 10X Genomics Xenium™ in situ Analyzer services in North AmericaSeptember 8, 2023 | finance.yahoo.com10x Genomics (TXG)'s True Worth: A Comprehensive Analysis of Its Market ValueSeptember 8, 2023 | msn.com10x Genomics: Recent Performance Amplifies My Bullish ConvictionSeptember 5, 2023 | finance.yahoo.comStudy Enabled by 10x Genomics Single Cell and Spatial Technologies Explains Why Immunotherapy is More Effective for Certain Brain Tumors Than OthersAugust 31, 2023 | msn.com10x Genomics Inc - (TXG) Price Target Increased by 7.02% to 64.01August 30, 2023 | finance.yahoo.com10x Genomics to Present at the Morgan Stanley 21st Annual Global Healthcare ConferenceAugust 29, 2023 | finance.yahoo.com10x Genomics Surpasses 100 Xenium Analyzer ShipmentsAugust 9, 2023 | finance.yahoo.comWe're Not Very Worried About 10x Genomics' (NASDAQ:TXG) Cash Burn RateAugust 7, 2023 | msn.comMorgan Stanley Reiterates 10x Genomics Inc - (TXG) Overweight RecommendationAugust 5, 2023 | finanznachrichten.de10x Genomics, Inc.: 10x Genomics Reports Second Quarter 2023 Financial ResultsAugust 4, 2023 | markets.businessinsider.comBank of America Securities Keeps Their Sell Rating on 10x Genomics (TXG)August 4, 2023 | finance.yahoo.comHighflier 10x Genomics Sacrifices Breakout As Macro Headwinds Squeeze ChinaAugust 4, 2023 | markets.businessinsider.comBarclays Keeps Their Buy Rating on 10x Genomics (TXG)August 4, 2023 | finance.yahoo.com10x Genomics (TXG) Reports Q2 Earnings: What Key Metrics Have to SayAugust 3, 2023 | finance.yahoo.com10x Genomics Reports Second Quarter 2023 Financial ResultsAugust 3, 2023 | finance.yahoo.comBuy-Zone-Adjacent 10x Genomics Tops Sales Views, But There's A CaveatJuly 13, 2023 | msn.comGoldman Sachs Maintains 10x Genomics Inc - (TXG) Sell RecommendationJuly 13, 2023 | finance.yahoo.com10x Genomics to Report Second Quarter 2023 Financial Results on August 3, 2023See More Headlines Receive TXG Stock News and Ratings via Email Sign-up to receive the latest news and ratings for 10x Genomics and its competitors with MarketBeat's FREE daily newsletter. Email Address TXG Company Calendar Last Earnings8/03/2023Today10/01/2023Next Earnings (Estimated)11/01/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry Analytical instruments Sub-IndustryN/A SectorMedical Current SymbolNASDAQ:TXG CUSIPN/A CIK1770787 Webwww.10xgenomics.com Phone925-401-7300FaxN/AEmployees1,243Year FoundedN/APrice Target and Rating Average Stock Price Forecast$57.00 High Stock Price Forecast$75.00 Low Stock Price Forecast$25.00 Forecasted Upside/Downside+38.2%Consensus RatingModerate Buy Rating Score (0-4)2.67 Research Coverage9 Analysts Profitability EPS (Most Recent Fiscal Year)($1.49) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-166,000,000.00 Net Margins-30.31% Pretax Margin-29.36% Return on Equity-21.69% Return on Assets-17.11% Debt Debt-to-Equity RatioN/A Current Ratio5.94 Quick Ratio5.09 Sales & Book Value Annual Sales$516.41 million Price / Sales9.38 Cash FlowN/A Price / Cash FlowN/A Book Value$6.99 per share Price / Book5.90Miscellaneous Outstanding Shares117,420,000Free Float104,913,000Market Cap$4.84 billion OptionableOptionable Beta1.77 A Guide To High-Short-Interest StocksMarketBeat's analysts have just released their top five short plays for October 2023. Learn which stocks have the most short interest and how to trade them. Click the link below to see which companies made the list.Get This Free Report Key ExecutivesDr. Serge Saxonov Ph.D. (Age 46)Co-Founder, CEO & Director Comp: $837.68kDr. Benjamin J. Hindson Ph.D. (Age 48)Co-Founder, Pres, Chief Scientific Officer & Director Comp: $615.96kMr. Justin J. McAnear (Age 47)Chief Financial Officer Comp: $535.91kMr. Eric S. Whitaker Esq. (Age 56)Chief Legal Officer Comp: $558.97kMr. James L. Wilbur Ph.D. (Age 58)Chief Commercial Officer Comp: $390.78kMr. Michael Schnall-LevinFounding Scientist & CTOMs. Cassie CorneauMang. of Investor Relations and Strategic Fin.Ms. Rebecca PortChief People OfficerMr. James BryantDirector of LegalMr. Nikhil RaoDirector of Product ManagementMore ExecutivesKey CompetitorsPacific Biosciences of CaliforniaNASDAQ:PACBOlink Holding AB (publ)NASDAQ:OLKBio-Rad LaboratoriesNYSE:BIOBio-Rad LaboratoriesNYSE:BIO.BRevvityNYSE:RVTYView All CompetitorsInsiders & InstitutionsBarclays PLCBought 9,970 shares on 9/21/2023Ownership: 0.018%Serge SaxonovSold 2,000 sharesTotal: $98,740.00 ($49.37/share)Serge SaxonovSold 3,757 sharesTotal: $171,995.46 ($45.78/share)James WilburSold 9,699 sharesTotal: $444,020.22 ($45.78/share)Justin J McanearSold 1,678 sharesTotal: $76,818.84 ($45.78/share)View All Insider TransactionsView All Institutional Transactions TXG Stock - Frequently Asked Questions Should I buy or sell 10x Genomics stock right now? 9 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for 10x Genomics in the last year. There are currently 1 sell rating, 1 hold rating and 7 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" TXG shares. View TXG analyst ratings or view top-rated stocks. What is 10x Genomics' stock price forecast for 2023? 9 Wall Street research analysts have issued 1-year price objectives for 10x Genomics' shares. Their TXG share price forecasts range from $25.00 to $75.00. On average, they expect the company's stock price to reach $57.00 in the next year. This suggests a possible upside of 38.2% from the stock's current price. View analysts price targets for TXG or view top-rated stocks among Wall Street analysts. How have TXG shares performed in 2023? 10x Genomics' stock was trading at $36.44 at the start of the year. Since then, TXG stock has increased by 13.2% and is now trading at $41.25. View the best growth stocks for 2023 here. When is 10x Genomics' next earnings date? The company is scheduled to release its next quarterly earnings announcement on Wednesday, November 1st 2023. View our TXG earnings forecast. How were 10x Genomics' earnings last quarter? 10x Genomics, Inc. (NASDAQ:TXG) issued its quarterly earnings results on Thursday, August, 3rd. The company reported ($0.53) earnings per share for the quarter, missing analysts' consensus estimates of ($0.39) by $0.14. The company earned $146.82 million during the quarter, compared to analysts' expectations of $139.97 million. 10x Genomics had a negative trailing twelve-month return on equity of 21.69% and a negative net margin of 30.31%. The company's revenue for the quarter was up 28.1% on a year-over-year basis. During the same quarter in the prior year, the firm posted ($0.57) EPS. What ETFs hold 10x Genomics' stock? ETFs with the largest weight of 10x Genomics (NASDAQ:TXG) stock in their portfolio include Global X Genomics & Biotechnology ETF (GNOM), First Trust Nasdaq Lux Digital Health Solutions ETF (EKG), ARK Genomic Revolution ETF (ARKG), Fidelity Disruptive Medicine ETF (FMED), ARK Innovation ETF (ARKK), BNY Mellon Innovators ETF (BKIV), Invesco Dorsey Wright Healthcare Momentum ETF (PTH) and Principal Healthcare Innovators ETF (BTEC). What guidance has 10x Genomics issued on next quarter's earnings? 10x Genomics updated its FY 2023 earnings guidance on Thursday, August, 3rd. The company provided EPS guidance of for the period. The company issued revenue guidance of $600.00 million-$620.00 million, compared to the consensus revenue estimate of $600.73 million. What is Serge Saxonov's approval rating as 10x Genomics' CEO? 25 employees have rated 10x Genomics Chief Executive Officer Serge Saxonov on Glassdoor.com. Serge Saxonov has an approval rating of 100% among the company's employees. This puts Serge Saxonov in the top 10% of approval ratings compared to other CEOs of publicly-traded companies. When did 10x Genomics IPO? (TXG) raised $297 million in an IPO on Thursday, September 12th 2019. The company issued 9,000,000 shares at a price of $31.00-$35.00 per share. J.P. Morgan, Goldman Sachs and BofA Merrill Lynch acted as the underwriters for the IPO and Cowen was co-manager. What is 10x Genomics' stock symbol? 10x Genomics trades on the NASDAQ under the ticker symbol "TXG." How do I buy shares of 10x Genomics? Shares of TXG 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. What is 10x Genomics' stock price today? One share of TXG stock can currently be purchased for approximately $41.25. How much money does 10x Genomics make? 10x Genomics (NASDAQ:TXG) has a market capitalization of $4.84 billion and generates $516.41 million in revenue each year. The company earns $-166,000,000.00 in net income (profit) each year or ($1.49) on an earnings per share basis. How many employees does 10x Genomics have? The company employs 1,243 workers across the globe. How can I contact 10x Genomics? 10x Genomics' mailing address is 6230 STONERIDGE MALL ROAD, PLEASANTON CA, 94588. The official website for the company is www.10xgenomics.com. The company can be reached via phone at 925-401-7300 or via email at investors@10xgenomics.com. This page (NASDAQ:TXG) was last updated on 10/1/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding 10x Genomics, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. 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