23andMe Holding Co. - Stock

23andMe Holding Co. Market capitalization 2024

23andMe Holding Co. Market capitalization

188.68 M USD

Ticker

ME

ISIN

US90138Q1085

In 2024, 23andMe Holding Co.'s market cap stood at 188.68 M USD, a -75.21% increase from the 761.23 M USD market cap in the previous year.

The 23andMe Holding Co. Market capitalization history

YEARREVENUE (undefined USD)GROSS MARGIN (%)NET INCOME (undefined USD)
2029e524.0618,96-
2028e526.8518,86-
2027e312.3431,82-
2026e284.4234,94-
2025e243.240,86-
2024219.6445,25-
2023299.544,91-
2022271.948,88-
2021243.947,97-
2020305.544,98-
2019440.943,75-
2018440.943,75-

23andMe Holding Co. Aktienanalyse

What does 23andMe Holding Co. do?

23andMe Holding Co. is an American company for personalized genomics and health research. The company was founded in 2006 and is headquartered in Sunnyvale, California. The name of the company comes from the 23 chromosomes in the human genome and the English expression for "me". The main business of 23andMe is DNA analysis for consumers. Customers can send their DNA samples to the company, with tests being conducted on more than 30 genetic traits, uncovering disease risks, and creating family trees. 23andMe uses advanced sequencing technologies to analyze more than one million genetic variations in your genome. The DNA samples are tested based on single nucleotide polymorphisms (SNPs), which can provide information about disease risks, ethnic origins, and family health history. The results are then provided on an online platform where customers can view and share their DNA information. One unique aspect of 23andMe is that it also collects genetic information for research. 23andMe collaborates with various universities and research institutions to gather data for more complex studies. Customers can participate by anonymously sharing their genetic data for research purposes. 23andMe has many advantages, such as the ability to predict the risk of certain diseases. Based on your DNA, 23andMe can determine if there are altered genes in your body that are associated with specific diseases. However, the company emphasizes that this is not a diagnosis and should not replace medical advice. 23andMe also emphasizes that it supports customers in conversations with their doctors and gives them the opportunity to discuss the results with their doctors and relatives. In addition to DNA analysis, the company also offers a genetic report on your fitness traits. 23andMe also provides details on how to better understand your genetic information and what you can do to improve your health. In 2013, 23andMe underwent a regulatory investigation, which led to a significant restriction of its services. The company had to discontinue its health risk assessments for customers due to concerns from the FDA. The FDA was concerned that customers might make medical decisions based on 23andMe reports that may not necessarily be good for them. However, after many discussions with the FDA, the company decided to relaunch and is now an even more well-known and successful company. The company has more than 10 million customers worldwide and is continuously growing. An emotional incentive for consumers to use 23andMe is the desire to know where they come from and who their ancestors were. Nearly 50 percent of 23andMe customers have chosen to release their DNA information for research purposes. 23andMe has already contributed to various research initiatives that have made important contributions to genomics and precision medicine. Overall, 23andMe offers a unique experience for customers as it presents genomics and personal health data in an accessible way. It is also a significant contribution to research in the field. The company has achieved a lot despite regulatory challenges along the way. 23andMe Holding Co. ist eines der beliebtesten Unternehmen auf Eulerpool.com.

Market capitalization Details

Exploring 23andMe Holding Co.'s Market Capitalization

23andMe Holding Co.'s market capitalization represents the total dollar market value of the company’s outstanding shares of stock. It is calculated by multiplying the company's shares outstanding by the current market price of one share. This metric is a vital indicator of a company’s size, strength, and overall market value.

Year-to-Year Comparison

A yearly comparison of 23andMe Holding Co.'s market capitalization provides investors and analysts insights into its growth and valuation trends. An increase signifies market confidence and business expansion, while a decrease may point towards declining market value or business contractions.

Impact on Investments

23andMe Holding Co.'s market capitalization plays a pivotal role in investment decisions. It aids investors in assessing the company's risk and return profiles. Larger companies are often considered more stable but may offer lower growth potential, while smaller companies might offer significant growth prospects but come with higher risk.

Interpreting Market Capitalization Fluctuations

Variations in 23andMe Holding Co.’s market capitalization can be attributed to several factors, including changes in stock price, outstanding shares, and market sentiment. Understanding these fluctuations helps investors evaluate the company's current standing and future potential in the competitive landscape.

Frequently Asked Questions about 23andMe Holding Co. Stock

What is the current 23andMe Holding Co. market capitalization?

The current market capitalization of 23andMe Holding Co. is 188.68 M USD.

What is market capitalization?

The market capitalization (German: Marktkapitalisierung, English: market capitalization, abbreviated as market cap, also known as stock exchange capitalization or market value) is the calculated total value of all shares of a publicly traded company like 23andMe Holding Co..

How has the market capitalization of 23andMe Holding Co. developed in recent years?

The market capitalization of 23andMe Holding Co. has increased/decreased by -75.21% compared to the previous year.

What does market capitalization mean for investors?

The market capitalization of a company reflects the current market consensus on the value of the equity of a publicly traded company.

Why is market capitalization an important indicator for investors?

The market capitalization of a company reflects the current market consensus on the value of a publicly traded company's equity. It is determined by the supply and demand for the company's shares. Market capitalization is thus significantly influenced by expectations in the stock market regarding the future earnings power of the company, and as such, it can undergo significant fluctuations.

Why does the market capitalization fluctuate?

The market capitalization fluctuates along with the stock price, as the market capitalization is calculated based on the current price and the number of outstanding shares.

What role does market capitalization play in the valuation of 23andMe Holding Co.?

In order to compare the value of companies, it is helpful to consider not only the market capitalization but also the net debt of a company. A potential buyer of the entire company would also acquire the debts of the company. The enterprise value is the total value of a company or a stock corporation. The net financial indebtedness of the company is added to the market capitalization.

Does the market capitalization influence the performance of 23andMe Holding Co.?

There is no verifiable long-term evidence or study that stocks with a specific market capitalization (whether Mega/Large/Mid/Small Cap) would consistently yield significantly higher returns than others. There are occasional small studies (few stocks, short investment period) suggesting that certain classes may perform better or have higher risk, but none of them are 1. conclusive (cause-effect relationship is unclear, experiment is not repeatable) or 2. generalizable (generalization is not possible due to small sample size and time period).

Does the market capitalization of 23andMe Holding Co. have an influence on indices?

Some stock indices use market capitalization as index weighting. Stocks with a higher market capitalization are also weighted higher in the index. This is in contrast to equally weighted indices (all stocks have the same weighting) and free float weighted indices (market capitalization weighting, but only with the number of shares in free float).

How much dividend does 23andMe Holding Co. pay?

Over the past 12 months, 23andMe Holding Co. paid a dividend of . This corresponds to a dividend yield of about . For the coming 12 months, 23andMe Holding Co. is expected to pay a dividend of 0 USD.

What is the dividend yield of 23andMe Holding Co.?

The current dividend yield of 23andMe Holding Co. is .

When does 23andMe Holding Co. pay dividends?

23andMe Holding Co. pays a quarterly dividend. This is distributed in the months of .

How secure is the dividend of 23andMe Holding Co.?

23andMe Holding Co. paid dividends every year for the past 0 years.

What is the dividend of 23andMe Holding Co.?

For the upcoming 12 months, dividends amounting to 0 USD are expected. This corresponds to a dividend yield of 0 %.

In which sector is 23andMe Holding Co. located?

23andMe Holding Co. is assigned to the 'Health' sector.

Wann musste ich die Aktien von 23andMe Holding Co. kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of 23andMe Holding Co. from 6/17/2024 amounting to 0 USD, you needed to have the stock in your portfolio before the ex-date on 6/17/2024.

When did 23andMe Holding Co. pay the last dividend?

The last dividend was paid out on 6/17/2024.

What was the dividend of 23andMe Holding Co. in the year 2023?

In the year 2023, 23andMe Holding Co. distributed 0 USD as dividends.

In which currency does 23andMe Holding Co. pay out the dividend?

The dividends of 23andMe Holding Co. are distributed in USD.

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Andere Kennzahlen von 23andMe Holding Co.

Our stock analysis for 23andMe Holding Co. Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of 23andMe Holding Co. Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.