10x Genomics (TXG) Stock Price, News & Analysis

Company Overview

10x Genomics, Inc., a life science technology company, develops and sells instruments, consumables, and software for analyzing biological systems in the America, Europe, the Middle East, Africa, China, and the Asia Pacific. The company provides chromium, chromium connect, and chromium controller 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 and networks on a cell-by-cell basis; single cell gene expression flex; single cell immune profiling used to study the immune system; single cell Assay for Transposase Accessible Chromati (ATAC) solution to understand the epigenetic state; and single cell multiome ATAC + gene expression which enables simultaneous interrogation of both the RNA and chromatin accessibility, using ATAC in a single cell. The company also provides Visium platform which enables researchers to understand the spatial positions of biological analytes within tissues at high resolution; and Xenium platform for in situ analysis. 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.

Key Stats

• Today's Range: $12.75 to $13.33
• 50-Day Range: $8.17 to $14.64
• 52-Week Range: $6.78 to $24.76
• Volume: 2.65 million shs
• Average Volume: 2.98 million shs
• Market Capitalization: $1.61 billion
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: $13.23
• Consensus Rating: Hold

10x Genomics Stock Analysis - MarketRank™

10x Genomics scored higher than 75% of companies evaluated by MarketBeat, and ranked 246th out of 919 stocks in the medical sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 2.2 / 5
• Analyst Rating: Hold

Consensus Rating

10x Genomics has received a consensus rating of Hold. The company's average rating score is 2.42, and is based on 6 buy ratings, 5 hold ratings, and 1 sell rating.

Amount of Analyst Coverage

10x Genomics has been the subject of 9 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 0.6 / 5
• Proj. Earnings Growth: Growing

Earnings Growth

Earnings for 10x Genomics are expected to grow in the coming year, from ($1.43) to ($1.06) per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of 10x Genomics is -10.06, 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. Sector

The P/E ratio of 10x Genomics is -10.06, 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 Ratio

10x Genomics has a P/B Ratio of 2.25. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 2.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

11.58% of the outstanding shares of 10x Genomics have been sold short.

Short Interest Ratio / Days to Cover

10x Genomics has a short interest ratio ("days to cover") of 3.7, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in 10x Genomics has recently increased by 1,022.83%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

10x Genomics does not currently pay a dividend.

Dividend Growth

10x Genomics does not have a long track record of dividend growth.

Sustainability and ESG

• Score: 4.8 / 5
• Environmental Score: -0.73

Percentage of Shares Shorted

11.58% of the outstanding shares of 10x Genomics have been sold short.

Short Interest Ratio / Days to Cover

10x Genomics has a short interest ratio ("days to cover") of 3.7, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in 10x Genomics has recently increased by 1,022.83%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 3.7 / 5
• News Sentiment: 0.72

News Sentiment

10x Genomics has a news sentiment score of 0.72. 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 higher news sentiment than the 0.53 average news sentiment score of Medical companies.

News Coverage This Week

MarketBeat has tracked 10 news articles for 10x Genomics this week, compared to 7 articles on an average week.

Search Interest

9 people have searched for TXG on MarketBeat in the last 30 days. This is an increase of 800% compared to the previous 30 days.

MarketBeat Follows

6 people have added 10x Genomics to their MarketBeat watchlist in the last 30 days. This is an increase of 200% compared to the previous 30 days.

Company Ownership

• Score: 2.5 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In 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 $173,238.00 in company stock.

Percentage Held by Insiders

Only 9.39% of the stock of 10x Genomics is held by insiders.

Percentage Held by Institutions

84.68% of the stock of 10x Genomics is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

TXG Stock Analysis - Frequently Asked Questions

How have TXG shares performed this year?

10x Genomics' stock was trading at $14.36 at the beginning of the year. Since then, TXG stock has decreased by 8.9% and is now trading at $13.08.

How were 10x Genomics' earnings last quarter?

10x Genomics (NASDAQ:TXG) released its quarterly earnings data on Thursday, May, 8th. The company reported ($0.36) earnings per share for the quarter, beating the consensus estimate of ($0.45) by $0.09. 10x Genomics's revenue was down 2.3% on a year-over-year basis.
Read the conference call transcript.

When did 10x Genomics IPO?

10x Genomics (TXG) raised $297 million in an initial public offering (IPO) on Thursday, September 12th 2019. The company issued 9,000,000 shares at $31.00-$35.00 per share. J.P. Morgan, Goldman Sachs and BofA Merrill Lynch served as the underwriters for the IPO and Cowen was co-manager.

Who are 10x Genomics' major shareholders?

10x Genomics' top institutional shareholders include ARK Investment Management LLC (11.28%), Sumitomo Mitsui Trust Group Inc. (4.89%), Assenagon Asset Management S.A. (1.39%) and IQ EQ FUND MANAGEMENT IRELAND Ltd (0.23%). Insiders that own company stock include Serge Saxonov, Benjamin J Hindson, John R Stuelpnagel, Adam Taich, Mathai Mammen, Justin J Mcanear, James Wilbur and Alan Mateo.
View institutional ownership trends.

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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

What other stocks do shareholders of 10x Genomics own?

Based on aggregate information from My MarketBeat watchlists, some other companies that 10x Genomics investors own include Invesco QQQ (QQQ), NVIDIA (NVDA), Meta Platforms (META), Tesla (TSLA), PayPal (PYPL), Advanced Micro Devices (AMD) and CrowdStrike (CRWD).

Company Calendar

• Last Earnings: 5/08/2025
• Today: 8/01/2025
• Next Earnings (Estimated): 8/07/2025
• Fiscal Year End: 12/31/2025

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Medical
• Industry: MEDICAL INFO SYS
• Sub-Industry: Measuring And Control Equipment
• Current Symbol: NASDAQ:TXG
• CIK: 1770787
• Web: www.10xgenomics.com
• Phone: 925-401-7300
• Fax: N/A
• Employees: 1,240
• Year Founded: N/A

Price Target and Rating

• Average Price Target for 10x Genomics: $13.23
• High Price Target: $18.00
• Low Price Target: $6.50
• Potential Upside/Downside: +1.1%
• Consensus Rating: Hold
• Rating Score (0-4): 2.42
• Research Coverage: 12 Analysts

Profitability

• EPS (Trailing Twelve Months): ($1.30)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: -$182.63 million
• Net Margins: -25.14%
• Pretax Margin: -24.56%
• Return on Equity: -23.22%
• Return on Assets: -18.02%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 5.37
• Quick Ratio: 4.68

Sales & Book Value

• Annual Sales: $610.78 million
• Price / Sales: 2.64
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: $5.81 per share
• Price / Book: 2.25

Miscellaneous

• Outstanding Shares: 123,130,000
• Free Float: 111,572,000
• Market Cap: $1.61 billion
• Optionable: Optionable
• Beta: 2.03