Fulgent Genetics, Inc. logo FLGT - Fulgent Genetics, Inc.

Price: -- -- | CONSENSUS: Buy DETAILS
STRONG
BUY
0
BUY 6
HOLD 3
SELL 0
STRONG
SELL
0
| PRICE TARGET: $19.00 DETAILS
HIGH: $19.00
LOW: $19.00
MEDIAN: $19.00
CONSENSUS: $19.00
DOWNSIDE: 3.01%
AlphaVal

AlphaVal

Deterministic, archetype-aware fair value

Stable Earnings Power 40% confidence

Primary model: P/Adj-EPS × Normalized Multiple

Valuation Signal Undervalued Strong
Trading 57.1% below fair value
Current Price $19.59
Bear Case $36.50 86.3% upside ($36.50 - $19.59) / $19.59 = 86.3% $2.03 × 18x P/E
Fair Value $45.63 132.9% upside ($45.63 - $19.59) / $19.59 = 132.9% $2.03 × 22x P/E
Bull Case $54.76 179.5% upside ($54.76 - $19.59) / $19.59 = 179.5% $2.03 × 27x P/E

Adjust Assumptions

22.5x
2.03$

Key Value Driver

Normalized P/E multiple (22x base case)

Implied Market Multiple 9.7x

Plain-Language Summary

Applying a 22x P/E to adjusted EPS of $2.03, the base-case value is $45.63 per share.

Analyst Consensus (External Reference)

Never blended into the bear/base/bull estimates above -- shown only as an outside comparison.

Average Target (9 analysts) $19.00
Analyst Range $19.00 – $19.00
Divergence from AlphaVal 140%

Warnings

Wall Street's average price target is $19.00 (from 9 analysts). Our estimate is 140% above the consensus -- consider that gap carefully.

Key Risks

  • Growth DCF inappropriate — terminal value assumptions dominate
  • EV/EBITDA misleading for regulated businesses where capex is mandated
  • Regulatory risk is a fat tail not visible in normal multiples