CDNA - CareDx, Inc
Price:
--
--
|
CONSENSUS:
Buy
DETAILS
|
PRICE TARGET:
$24.00
DETAILS
HIGH:
$28.00
LOW:
$18.00
MEDIAN:
$26.00
CONSENSUS:
$24.00
UPSIDE:
10.96%
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | ||||||||||||||
| Revenue | 379.8 | 333.8 | 280.3 | 321.8 | 296.4 | 192.2 | 127.1 | 76.6 | 48.3 | 40.6 | 28.1 | 27.3 | 22.1 | 20.5 |
| Cost of Revenue | 125.4 | 109.6 | 102.0 | 112.2 | 97.4 | 63.1 | 45.5 | 33.0 | 21.4 | 21.1 | 10.3 | 8.5 | 9.1 | 7.9 |
| Gross Profit | 254.4 | 224.2 | 178.3 | 209.6 | 199.0 | 129.1 | 81.6 | 43.6 | 27.0 | 19.5 | 17.9 | 18.8 | 13.0 | 12.5 |
| Operating Expenses | ||||||||||||||
| R&D Expenses | 71.4 | 72.4 | 81.9 | 90.4 | 76.5 | 48.9 | 30.7 | 14.5 | 12.4 | 12.4 | 9.3 | 3.8 | 3.2 | 4.8 |
| SG&A Expenses | 210.2 | 205.5 | 201.2 | 196.4 | 152.2 | 102.7 | 75.4 | 43.6 | 31.7 | 31.9 | 20.6 | 14.9 | 10.7 | 10.1 |
| Other Expenses | (6.2) | (94.5) | 98.6 | 0 | 0 | 0 | 0 | (0.2) | 0 | 0 | (0.2) | 0.1 | 0 | (0.0) |
| Operating Expenses | 275.4 | 183.4 | 381.7 | 286.8 | 228.7 | 151.6 | 106.1 | 58.1 | 44.1 | 44.3 | 29.9 | 18.8 | 13.9 | 14.9 |
| Operating Income | ||||||||||||||
| Operating Income | (21.0) | 40.8 | (203.4) | (77.2) | (29.7) | (22.5) | (24.5) | (15.6) | (20.3) | (37.3) | (11.9) | 1.2 | (0.9) | (2.3) |
| Interest Expense | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 3.7 | 5.9 | 1.9 | 1.6 | 2.1 | 2.1 | 2.7 |
| Interest Income | 9.2 | 11.8 | 11.9 | 3.8 | 0.2 | 0.3 | 1.0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profitability | ||||||||||||||
| EBITDA | (0.7) | (34.0) | (84.9) | (61.2) | (17.8) | (8.2) | (17.4) | (11.4) | (14.6) | (17.8) | (11.3) | 0.5 | (0.2) | (1.3) |
| EBIT | (21.1) | (53.8) | (104.7) | (77.2) | (29.7) | (17.7) | (24.5) | (15.6) | (18.3) | (24.8) | (12.1) | 0.0 | (0.9) | (2.3) |
| Income Before Tax | (21.1) | 52.9 | (190.1) | (76.2) | (32.1) | (19.8) | (23.9) | (48.2) | (57.3) | (41.4) | (13.7) | (0.7) | (3.5) | (5.1) |
| Income Tax Expense | 0.3 | 0.3 | 0.1 | 0.4 | (1.4) | (1.0) | (2.0) | (1.4) | (1.7) | (1.6) | 0 | (1.5) | 0 | 0 |
| Net Income | (21.4) | 52.5 | (190.3) | (76.6) | (30.7) | (18.7) | (22.0) | (46.8) | (55.5) | (39.5) | (13.7) | 0.8 | (3.5) | (5.1) |
| Per Share Data | ||||||||||||||
| EPS (Basic) | -0.40 | 1.00 | -3.54 | -1.44 | -0.59 | -0.40 | -0.52 | -1.31 | -2.38 | -2.39 | -1.16 | 0.13 | -0.48 | -0.69 |
| EPS (Diluted) | -0.40 | 0.93 | -3.54 | -1.44 | -0.59 | -0.40 | -0.52 | -1.31 | -2.38 | -2.39 | -1.16 | 0.10 | -0.48 | -0.69 |
| Shares Outstanding | 53.3 | 52.8 | 53.8 | 53.3 | 52.2 | 46.5 | 42.2 | 35.6 | 23.3 | 16.5 | 11.8 | 5.8 | 7.4 | 7.4 |
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Current Assets | ||||||||||
| Cash & Cash Equivalents | 65.4 | 114.7 | 82.2 | 89.9 | 348.5 | 134.7 | 38.2 | 64.6 | 16.9 | 17.3 |
| Short-Term Investments | 111.8 | 146.0 | 153.2 | 203.2 | 0 | 90.0 | 0 | 0 | 0 | 0 |
| Net Receivables | 42.6 | 64.6 | 51.1 | 66.3 | 59.8 | 34.6 | 24.1 | 9.8 | 3.0 | 2.8 |
| Inventory | 26.7 | 19.5 | 19.5 | 19.2 | 17.2 | 10.0 | 6.0 | 4.9 | 5.5 | 5.5 |
| Other Current Assets | 10.6 | 7.1 | 7.8 | 9.2 | 0 | 0 | 0 | 1.8 | 1.4 | 1.2 |
| Total Current Assets | 257.1 | 351.8 | 313.7 | 387.8 | 433.4 | 273.1 | 71.9 | 81.1 | 26.8 | 26.7 |
| Non-Current Assets | ||||||||||
| Property, Plant & Equipment | 55.7 | 57.9 | 65.1 | 70.2 | 40.0 | 25.9 | 9.2 | 4.1 | 2.1 | 2.9 |
| Goodwill | 40.3 | 40.3 | 40.3 | 37.5 | 37.0 | 23.9 | 23.9 | 12.0 | 12.0 | 13.8 |
| Intangible Assets | 32.0 | 38.2 | 45.7 | 43.1 | 50.2 | 44.4 | 45.5 | 33.3 | 33.1 | 33.1 |
| Long-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0.2 | 9.6 | 0.1 |
| Other Non-Current Assets | 28.1 | 2.8 | 1.9 | 4.3 | 6.0 | 1.3 | 1.3 | (3.5) | (2.6) | (2.9) |
| Total Non-Current Assets | 156.1 | 139.2 | 153.1 | 155.1 | 133.3 | 95.4 | 79.8 | 49.6 | 56.8 | 50.1 |
| Total Assets | 413.2 | 491.1 | 466.8 | 543.0 | 566.6 | 368.5 | 151.7 | 130.7 | 83.6 | 76.7 |
| Current Liabilities | ||||||||||
| Account Payables | 10.0 | 7.7 | 12.9 | 9.9 | 13.3 | 9.7 | 5.5 | 4.7 | 3.4 | 3.1 |
| Short-Term Debt | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 15.7 | 22.8 |
| Deferred Revenue | 0 | 4.8 | 4.7 | 5.3 | 4.2 | 24.0 | 3.7 | 0.0 | 0.0 | 0.0 |
| Other Current Liabilities | 79.9 | 41.1 | 26.2 | 21.3 | 32.8 | 21.2 | 15.4 | 9.2 | 18.8 | 5.8 |
| Total Current Liabilities | 89.8 | 89.4 | 78.1 | 76.0 | 77.3 | 69.2 | 34.8 | 19.5 | 42.9 | 40.8 |
| Non-Current Liabilities | ||||||||||
| Long-Term Debt | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 18.3 | 1.1 |
| Deferred Tax Liabilities | 0.2 | 0.2 | 0.1 | 0 | 0.4 | 1.3 | 2.0 | 3.0 | 4.9 | 6.1 |
| Other Non-Current Liabilities | 0.4 | 0.8 | 99.0 | 2.7 | 5.6 | 4.2 | 13.6 | 11.6 | 22.6 | 8.2 |
| Total Non-Current Liabilities | 20.3 | 23.2 | 127.4 | 36.1 | 23.4 | 21.6 | 17.9 | 15.3 | 46.6 | 16.1 |
| Total Liabilities | 110.1 | 112.6 | 205.5 | 112.1 | 100.7 | 90.8 | 52.7 | 34.8 | 89.5 | 57.0 |
| Stockholders' Equity | ||||||||||
| Common Stock | 0.1 | 0.1 | 0.0 | 0.1 | 0.1 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Retained Earnings | (735.4) | (626.2) | (678.3) | (460.4) | (383.2) | (352.5) | (333.8) | (311.8) | (268.0) | (212.6) |
| Accumulated Other Comprehensive Income | (5.5) | (8.6) | (7.0) | (7.5) | (4.7) | (2.1) | (5.2) | (4.3) | (2.3) | (3.7) |
| Total Stockholders' Equity | 303.1 | 378.4 | 261.3 | 430.9 | 465.9 | 277.7 | 99 | 95.9 | (6.1) | 19.5 |
| Total Liabilities & Equity | 413.2 | 491.1 | 466.8 | 543.0 | 566.6 | 368.5 | 151.7 | 130.7 | 83.6 | 76.7 |
| Debt Metrics | ||||||||||
| Total Debt | 19.7 | 28.4 | 34.2 | 39.0 | 21.4 | 18.1 | 5.4 | 0.2 | 34.1 | 23.9 |
| Net Debt | (45.8) | (86.3) | (48.0) | (50.9) | (327.1) | (116.6) | (32.8) | (64.4) | 17.2 | 6.7 |
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||
| Net Income | (21.4) | 52.5 | (190.3) | (76.6) | (30.7) | (18.7) | (22.0) | (46.8) | (55.6) | (39.8) |
| Depreciation & Amortization | 20.4 | 19.8 | 19.8 | 16.0 | 11.9 | 9.5 | 7.1 | 4.2 | 3.8 | 2.9 |
| Stock-Based Compensation | 34.9 | 66.4 | 49.1 | 46.6 | 36.1 | 23.4 | 22.4 | 7.1 | 1.7 | 2.0 |
| Change in Working Capital | 3.8 | (102.3) | 106.0 | (14.2) | (41.0) | 17.4 | (10.4) | (0.9) | (1.1) | 1.5 |
| Other Non-Cash Items | 4.3 | 1.8 | (3.6) | 3.0 | 4.4 | 1.8 | 0.1 | 33.9 | 39.0 | 18.2 |
| Operating Cash Flow | 42.0 | 38.0 | (18.4) | (25.2) | (19.3) | 33.4 | (2.8) | (4.0) | (14.3) | (16.5) |
| Investing Activities | ||||||||||
| Capital Expenditure | (5.9) | (6.5) | (9.2) | (24.3) | (20.3) | (10.4) | (3.3) | (7.2) | (0.2) | (0.5) |
| Acquisitions | 0 | 0 | (6.7) | (0.6) | (15.4) | 0 | (18.2) | (0.7) | (5.9) | (20.6) |
| Purchases of Investments | (145.9) | (160.3) | (201.2) | (315.1) | (5.5) | (90.0) | (1) | 0 | (0.1) | 0 |
| Sales/Maturities of Investments | 154.7 | 166.9 | 256.0 | 111.6 | 88.9 | 0 | 0 | 0 | 0 | 0 |
| Other Investing Activities | 0 | (7.1) | 1.5 | 0 | 0 | 0 | 0 | (5.2) | (0.1) | (20.6) |
| Investing Cash Flow | 2.2 | (0.5) | 40.4 | (228.5) | 47.7 | (100.4) | (22.6) | (7.9) | (6.2) | (21.1) |
| Financing Activities | ||||||||||
| Net Debt Issuance | 0 | 0 | 0 | 0 | (0.1) | (0.2) | (0.2) | (14.5) | 9.7 | (3.9) |
| Stock Repurchased | (87.8) | (0.5) | (27.5) | (0.6) | 0 | 0 | 0 | 0 | 0 | 0 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Financing Activities | (13.6) | (5.1) | (2.1) | (3.9) | (3.1) | 5.2 | 0.0 | 65.5 | 19.7 | 0.3 |
| Financing Cash Flow | (93.4) | (5.6) | (29.6) | (4.5) | 185.6 | 163.1 | (0.1) | 50.3 | 29.4 | 24.9 |
| Cash Position | ||||||||||
| Net Change in Cash | (49.3) | 32.5 | (7.7) | (258.3) | 213.8 | 96.5 | (26.3) | 38.3 | (0.4) | (12.6) |
| Cash at Beginning | 115.3 | 82.8 | 90.4 | 348.7 | 134.9 | 38.5 | 64.8 | 26.5 | 17.3 | 29.9 |
| Cash at End | 66.0 | 115.3 | 82.8 | 90.4 | 348.7 | 134.9 | 38.5 | 64.8 | 16.9 | 17.3 |
| Free Cash Flow | 36.1 | 31.6 | (27.6) | (49.6) | (39.6) | 23.1 | (6.1) | (11.2) | (14.5) | (17.1) |
| Key Metrics | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income Statement | ||||||||||||||
| Revenue | 379.8 | 333.8 | 280.3 | 321.8 | 296.4 | 192.2 | 127.1 | 76.6 | 48.3 | 40.6 | 28.1 | 27.3 | 22.1 | 20.5 |
| Gross Profit | 254.4 | 224.2 | 178.3 | 209.6 | 199.0 | 129.1 | 81.6 | 43.6 | 27.0 | 19.5 | 17.9 | 18.8 | 13.0 | 12.5 |
| Operating Income | (21.0) | 40.8 | (203.4) | (77.2) | (29.7) | (22.5) | (24.5) | (15.6) | (20.3) | (37.3) | (11.9) | 1.2 | (0.9) | (2.3) |
| Net Income | (21.4) | 52.5 | (190.3) | (76.6) | (30.7) | (18.7) | (22.0) | (46.8) | (55.5) | (39.5) | (13.7) | 0.8 | (3.5) | (5.1) |
| EPS (Diluted) | -0.40 | 0.93 | -3.54 | -1.44 | -0.59 | -0.40 | -0.52 | -1.31 | -2.38 | -2.39 | -1.16 | 0.10 | -0.48 | -0.69 |
| Balance Sheet | ||||||||||||||
| Cash & Equivalents | 65.4 | 114.7 | 82.2 | 89.9 | 348.5 | 134.7 | 38.2 | 64.6 | 16.9 | 17.3 | ||||
| Total Assets | 413.2 | 491.1 | 466.8 | 543.0 | 566.6 | 368.5 | 151.7 | 130.7 | 83.6 | 76.7 | ||||
| Total Debt | 19.7 | 28.4 | 34.2 | 39.0 | 21.4 | 18.1 | 5.4 | 0.2 | 34.1 | 23.9 | ||||
| Stockholders' Equity | 303.1 | 378.4 | 261.3 | 430.9 | 465.9 | 277.7 | 99 | 95.9 | (6.1) | 19.5 | ||||
| Cash Flow | ||||||||||||||
| Operating Cash Flow | 42.0 | 38.0 | (18.4) | (25.2) | (19.3) | 33.4 | (2.8) | (4.0) | (14.3) | (16.5) | ||||
| Capital Expenditure | (5.9) | (6.5) | (9.2) | (24.3) | (20.3) | (10.4) | (3.3) | (7.2) | (0.2) | (0.5) | ||||
| Free Cash Flow | 36.1 | 31.6 | (27.6) | (49.6) | (39.6) | 23.1 | (6.1) | (11.2) | (14.5) | (17.1) | ||||