Veracyte Stock Forecast, Price & News

10 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Veracyte in the last twelve months. 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.
View analyst ratings for Veracyte or view top-rated stocks.

Wall Street analysts have given Veracyte a "Buy" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Veracyte wasn't one of them. MarketBeat thinks these five companies may be even better buys.
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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 will be holding an earnings conference call on Thursday, July 29th at 4:30 PM Eastern. Interested parties can register for or listen to the call using this link.

Veracyte, Inc. (NASDAQ:VCYT) posted its quarterly earnings data on Monday, May, 10th. The biotechnology company reported ($0.11) earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of ($0.12) by $0.01. The biotechnology company earned $36.70 million during the quarter, compared to analysts' expectations of $34.52 million. Veracyte had a negative trailing twelve-month return on equity of 5.91% and a negative net margin of 52.87%.
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. Since then, VCYT stock has increased by 58.0% and is now trading at $37.20.
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Veracyte updated 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 analysts have issued twelve-month price objectives for Veracyte's stock. Their forecasts range from $45.00 to $60.00. On average, they anticipate Veracyte's share price to reach $53.11 in the next twelve months. This suggests a possible upside of 42.8% from the stock's current price.
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Some companies that are related to Veracyte include Natera (NTRA), Elekta AB (publ) (EKTAY), Invitae (NVTA), CareDx (CDNA), Fulgent Genetics (FLGT), Burning Rock Biotech (BNR), RadNet (RDNT), Castle Biosciences (CSTL), Renalytix AI (RNLX), Genetron (GTH), DermTech (DMTK), Personalis (PSNL), Celcuity (CELC), Centogene (CNTG) and Exagen (XGN).
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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 variety of retail and institutional investors. Top institutional investors include EFG Asset Management Americas Corp. (0.02%). 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 purchased by a variety of institutional investors in the last quarter, including EFG Asset Management Americas Corp..
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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 $37.20.

Veracyte has a market capitalization of $2.50 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]