Veracyte Stock Forecast, Price & News

10 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Veracyte in the last year. There are currently 1 sell rating, 1 hold rating and 8 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" Veracyte stock.
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Veracyte is scheduled to release its next quarterly earnings announcement on Thursday, July 29th 2021.
View our earnings forecast for Veracyte.

Veracyte, Inc. (NASDAQ:VCYT) issued its quarterly earnings results on Monday, May, 10th. The biotechnology company reported ($0.11) earnings per share for the quarter, topping analysts' consensus estimates of ($0.12) by $0.01. The biotechnology company had revenue of $36.70 million for the quarter, compared to analysts' expectations of $34.52 million. Veracyte had a negative net margin of 52.87% and a negative trailing twelve-month return on equity of 5.91%.
View Veracyte's earnings history.

Veracyte's stock was trading at $23.55 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, VCYT shares have increased by 63.7% and is now trading at $38.56.
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Veracyte issued an update on its FY 2021 earnings guidance on Tuesday, June, 8th. The company provided earnings per share guidance of $- for the period. The company issued revenue guidance of $190 million-200 million, compared to the consensus revenue estimate of $194.19 million.

10 brokers have issued 1-year price targets for Veracyte's shares. Their forecasts range from $45.00 to $65.00. On average, they expect Veracyte's share price to reach $53.67 in the next twelve months. This suggests a possible upside of 39.2% from the stock's current price.
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Some companies that are related to Veracyte include Natera (NTRA), Invitae (NVTA), Elekta AB (publ) (EKTAY), CareDx (CDNA), Burning Rock Biotech (BNR), Fulgent Genetics (FLGT), Castle Biosciences (CSTL), Genetron (GTH), RadNet (RDNT), DermTech (DMTK), Renalytix AI (RNLX), Personalis (PSNL), Celcuity (CELC), Exagen (XGN) and Centogene (CNTG).
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Based on aggregate information from My MarketBeat watchlists, some companies that other Veracyte investors own include Hawkins (HWKN), Invitae (NVTA), AbbVie (ABBV), CA (CA), CRISPR Therapeutics (CRSP), Advanced Micro Devices (AMD), Editas Medicine (EDIT), NVIDIA (NVDA), Exelixis (EXEL) and NeoGenomics (NEO).

Veracyte trades on the NASDAQ under the ticker symbol "VCYT."

Veracyte's stock is owned by a number of institutional and retail investors. Top institutional investors include ARK Investment Management LLC (11.33%), BlackRock Inc. (9.14%), Artisan Partners Limited Partnership (6.98%), William Blair Investment Management LLC (6.83%), Nikko Asset Management Americas Inc. (4.89%) and Sumitomo Mitsui Trust Holdings Inc. (4.85%). Company insiders that own Veracyte stock include Bonnie H Anderson, Evan/ Fa Jones, Giulia C Kennedy, Jens Holstein, John Walter Hanna Jr, John Walter Hanna, Jr, Karin Eastham, Keith Kennedy, Kevin K Gordon, Mark Ho and Robert S Epstein.
View institutional ownership trends for Veracyte.

VCYT stock was sold by a variety of institutional investors in the last quarter, including ARK Investment Management LLC, William Blair Investment Management LLC, Gilder Gagnon Howe & Co. LLC, Waddell & Reed Financial Inc., Capital Impact Advisors LLC, Lord Abbett & CO. LLC, Cubist Systematic Strategies LLC, and Nuveen Asset Management LLC. Company insiders that have sold Veracyte company stock in the last year include Bonnie H Anderson, Evan/ Fa Jones, Giulia C Kennedy, John Walter Hanna Jr, John Walter Hanna, Jr, Karin Eastham, Keith Kennedy, Kevin K Gordon, Mark Ho, and Robert S Epstein.
View insider buying and selling activity for Veracyte or view top insider-selling stocks.

VCYT stock was acquired by a variety of institutional investors in the last quarter, including Matrix Capital Management Company LP, Artisan Partners Limited Partnership, BlackRock Inc., Oak Ridge Investments LLC, Jennison Associates LLC, Champlain Investment Partners LLC, Goldman Sachs Group Inc., and Canada Pension Plan Investment Board.
View insider buying and selling activity for Veracyte or or view top insider-buying stocks.

Shares of VCYT 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 VCYT stock can currently be purchased for approximately $38.56.

Veracyte has a market capitalization of $2.59 billion and generates $117.48 million in revenue each year. The biotechnology company earns $-34,910,000.00 in net income (profit) each year or ($0.66) on an earnings per share basis.

Veracyte employs 320 workers across the globe.

The official website for Veracyte is www.veracyte.com.

Veracyte is headquartered at 6000 SHORELINE COURT SUITE 300, SOUTH SAN FRANCISCO CA, 94080.

Veracyte's mailing address is 6000 SHORELINE COURT SUITE 300, SOUTH SAN FRANCISCO CA, 94080. The biotechnology company can be reached via phone at 650-243-6300 or via email at [email protected]