Veracyte (VCYT) Stock Price
Veracyte Price
Over the last 14 years Veracyte grew revenue by 45.8% annually, reaching 517.15 M USD. For Veracyte, the net margin of 12.8% is up versus -34.4% a few years ago. The consensus 12-month price target for Veracyte is 54.00 USD, about 19.3% above where the stock trades today. Of 19 analysts, 16 rate the stock a buy — an overall Buy consensus.
Veracyte stock price
Veracyte business model & stock analysis
Frequently asked questions about Veracyte
The business model of Veracyte Inc is focused on providing genomic diagnostic tests to healthcare providers. Veracyte Inc utilizes advanced genomic technology to analyze patient samples and provide accurate diagnoses for various diseases, including cancer. By offering non-invasive and reliable diagnostic solutions, Veracyte Inc aims to improve patient care and outcomes. With its innovative and comprehensive testing portfolio, the company collaborates with physicians, researchers, and biopharmaceutical companies to enhance the understanding and treatment of complex diseases. As a leading genomic diagnostics company, Veracyte Inc is dedicated to transforming patient care through its precision medicine approach and cutting-edge technology.
Veracyte Inc is primarily active in the industry of molecular diagnostics.
The main competitors of Veracyte Inc in the market are companies like Genomic Health Inc, Myriad Genetics Inc, and NanoString Technologies Inc.
Veracyte Inc. is a renowned molecular diagnostics company with a rich history and background. Founded in 2008, Veracyte has been dedicated to improving patient outcomes by providing genomic testing solutions. Based in South San Francisco, California, the company combines advanced genomic technology with machine learning to deliver accurate and reliable diagnostic information to physicians and patients. Veracyte's innovative products, such as the Afirma Genomic Sequencing Classifier and Percepta Bronchial Genomic Classifier, have revolutionized the diagnosis of thyroid and lung cancers. Veracyte Inc. has grown rapidly over the years and continues to make significant contributions to the field of molecular diagnostics, benefiting countless patients and healthcare professionals alike.
Veracyte Inc has achieved significant milestones since its establishment. Notably, the company successfully launched the Afirma Genomic Sequencing Classifier, a groundbreaking diagnostic test used to detect thyroid cancer with high accuracy. Veracyte also received approval from the U.S. Food and Drug Administration (FDA) for its Percepta Bronchial Genomic Classifier, a test aiding in the diagnosis of lung cancer. Furthermore, the company expanded its product portfolio by introducing the Envisia Genomic Classifier, utilized for diagnosing idiopathic pulmonary fibrosis (IPF). Veracyte's commitment to innovative genomics and precision medicine has positioned itself as an industry leader, revolutionizing molecular diagnostic solutions for improved patient care.
Veracyte Inc primarily operates in the United States.
Veracyte Inc represents values of innovation, collaboration, and patient-centricity. With a strong corporate philosophy focused on improving patient outcomes, the company combines cutting-edge genomic diagnostic solutions with machine learning to deliver accurate and actionable results. Veracyte Inc is committed to empowering physicians with reliable and timely information, helping them make informed decisions about patient care. The company's dedication to research and development ensures the continuous improvement of its products, leading to better diagnostic accuracy and personalized treatment options. Through its commitment to excellence and patient advocacy, Veracyte Inc is transforming the field of diagnostics and improving healthcare outcomes.
Analysts currently set an average price target of 55.57 USD for the Veracyte stock (median: 54.00 USD), implying +22.8 % versus the latest price. The consensus is based on 19 analyst ratings.
19 analysts currently rate the Veracyte stock: 16 recommend buying, 2 holding and 1 selling. For 2026, analysts expect Veracyte to generate revenue of 593.71 M USD and earnings per share of 1.89 USD.
Converted at the current exchange rate, the Veracyte share trades at 40.40 EUR (45.27 USD).
The Veracyte share (VCYT) is listed on 4 stock exchanges, including: NASDAQ (VCYT), Frankfurt (12V.F), München (12V.MU), Düsseldorf (12V.DU).
Veracyte Inc. is an emerging company specializing in the development of innovative diagnostic tests for cancer. The company's business model relies on a combination of technological innovation, close collaboration with medical professionals, and a strong distribution strategy. The products of Veracyte Inc. are designed to enable better diagnosis and therapy for cancer, thereby increasing the chances of cure. The company focuses on three main areas: endocrinology, lung cancer, and mesothelioma. Within endocrinology, Veracyte Inc. offers an innovative diagnostic procedure for thyroid nodules called the "Afirma Test," which allows for accurate differentiation between benign and malignant nodules without the need for surgery. This enables doctors to recommend targeted, non-invasive therapy and avoid unnecessary operations. In the field of lung cancer, the company has developed the "Percepta" test, which enables non-invasive diagnosis of lung cancer. The test uses RNA sequencing and analysis of protein content in lung fluid to make an accurate diagnosis of cancer cells. This allows for early diagnosis of lung cancer, increasing the chances of cure and avoiding unnecessary investigations and operations. The third area, mesothelioma, focuses on a rare form of cancer caused by asbestos exposure. Here, Veracyte Inc. offers the "Envisia" test, which enables accurate diagnosis of mesothelioma. The test uses specific markers and RNA sequencing to make an accurate diagnosis. Veracyte Inc. works closely with medical professionals and clinics to increase the acceptance and dissemination of its products. The company relies on a targeted distribution strategy and a strong online presence. By implementing targeted marketing and training for healthcare professionals and creating awareness among patients, the aim is to achieve broad acceptance of the products. In summary, the business model of Veracyte Inc. is based on the development of innovative diagnostic tests for various types of cancer. By collaborating closely with medical professionals and implementing a targeted distribution strategy, the company aims to increase the acceptance and dissemination of its products. The company is committed to increasing the chances of cure for cancer patients and avoiding unnecessary investigations and operations.
The expected revenue of Veracyte is 593.71 M USD. This figure is based on current financial data and reflects the company's business performance.
The expected profit of Veracyte is 154.13 M USD. The net profit reflects the company's profitability after deducting all expenses.
The price-to-earnings ratio (P/E) of Veracyte is currently 23.90. The P/E ratio compares the current share price to the earnings per share and helps investors assess the valuation of the Veracyte stock.
The price-to-sales ratio (P/S) of Veracyte is currently 6.21. The P/S ratio compares the market capitalization to the annual revenue and serves as a valuation metric for the Veracyte stock.
The Eulerpool Quality Score for Veracyte is 6/10.
The ISIN of Veracyte is US92337F1075. The ISIN (International Securities Identification Number) is a globally unique identifier for securities.
The WKN of Veracyte is A1W7EA. The WKN (Wertpapierkennnummer) is a six-digit German security identification number.
The ticker of Veracyte is VCYT. The ticker symbol is used to trade Veracyte shares on the stock exchange.
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All fundamentals and in-depth analysis of Veracyte
Our stock analysis for Veracyte 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 Veracyte. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.