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NASDAQ: TXG
10x Genomics Inc Stock Forecast, Predictions & Price Target

OverviewForecast
EarningsDividendOwnership

Analyst price target for TXG

Based on 9 analysts offering 12 month price targets for 10x Genomics Inc.
Min Forecast
$25.00-50.23%
Avg Forecast
$55.56+10.6%
Max Forecast
$100.00+99.08%

Should I buy or sell TXG stock?

Based on 10 analysts offering ratings for 10x Genomics Inc.
Buy
Strong Buy
4 analysts 40%
Buy
1 analysts 10%
Hold
3 analysts 30%
Sell
1 analysts 10%
Strong Sell
1 analysts 10%

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TXG stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
Morgan Stanley
Bottom 12%
12
Strong BuyMaintains$65.00+29.40%2023-02-16
Canaccord Genuity
Bottom 12%
12
Strong BuyMaintains$58.00+15.47%2023-02-16
Cowen & Co.
Top 13%
88
BuyMaintains$57.00+13.48%2023-02-16
UBS
Bottom 17%
17
HoldInitiates Coverage On$50.00-0.46%2023-02-02
Deutsche Bank
Bottom 13%
13
Strong BuyInitiates Coverage On$50.00-0.46%2022-12-14
Goldman Sachs
Bottom 5%
5
Strong SellMaintains$25.00-50.23%2022-10-13

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Forecast return on equity

Is TXG forecast to generate an efficient return?
Company
-10.16%
Industry
10.66%
Market
52.51%
TXG's Return on Equity is... subscribe to Premium to read more.
Forecast High Return on Equity Forecast

Forecast return on assets

Is TXG forecast to generate an efficient return on assets?
Company
-7.96%
Industry
8.59%
TXG is forecast to generate... subscribe to Premium to read more.
Forecast Return on Assets vs Industry Forecast

TXG earnings per share forecast

What is TXG's earnings per share in the next 3 years based on estimates from 5 analysts?
Avg 1 year Forecast
-$1.19
Avg 2 year Forecast
-$0.22
Avg 3 year Forecast
-$0.71

TXG revenue forecast

What is TXG's revenue in the next 3 years based on estimates from 5 analysts?
Avg 1 year Forecast
$646.5M+25.2%
Avg 2 year Forecast
$796.9M+54.31%
Avg 3 year Forecast
$1.4B+169.17%
TXG's revenue is forecast to... subscribe to Premium to read more.
Forecast High Revenue Growth Forecast

TXG revenue growth forecast

How is TXG forecast to perform vs Health Information Services companies and vs the US market?
Company
34.58%
Industry
21.14%
Market
9.33%
TXG's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
TXG's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Market Forecast

TXG vs Health Information Service Stocks

TickerPricePrice TargetUp/downsideConsensus
TXG$50.23$55.56+10.60%Buy
RCM$14.30$19.39+35.56%Strong Buy
DOCS$32.51$41.06+26.29%Buy
SGFY$28.81$30.00+4.13%Hold
HQY$56.02$80.17+43.10%Strong Buy
View Top Health Information Service Stocks

10x Genomics Stock Forecast FAQ

Is 10x Genomics Stock a good buy in 2023, according to Wall Street analysts?

The consensus among 10 Wall Street analysts covering (NASDAQ: TXG) stock is to Buy TXG stock.

Out of 10 analysts, 4 (40%) are recommending TXG as a Strong Buy, 1 (10%) are recommending TXG as a Buy, 3 (30%) are recommending TXG as a Hold, 1 (10%) are recommending TXG as a Sell, and 1 (10%) are recommending TXG as a Strong Sell.

If you're new to stock investing, here's how to buy 10x Genomics stock.

What is TXG's earnings growth forecast for 2023-2025?

(NASDAQ: TXG) 10x Genomics's forecast annual earnings growth rate of N/A is not forecast to beat the US Health Information Services industry's average forecast earnings growth rate of 18.78%, and while it is not forecast to beat the US market's average forecast earnings growth rate of 26.86%.

10x Genomics's earnings in 2023 is -$166,000,000.On average, 5 Wall Street analysts forecast TXG's earnings for 2023 to be -$137,274,240, with the lowest TXG earnings forecast at -$154,577,715, and the highest TXG earnings forecast at -$121,124,329. On average, 2 Wall Street analysts forecast TXG's earnings for 2024 to be -$25,378,431, with the lowest TXG earnings forecast at -$38,067,646, and the highest TXG earnings forecast at -$12,689,215.

In 2025, TXG is forecast to generate -$81,903,118 in earnings, with the lowest earnings forecast at -$81,903,118 and the highest earnings forecast at -$81,903,118.

What is TXG's revenue growth forecast for 2023-2025?

(NASDAQ: TXG) 10x Genomics's forecast annual revenue growth rate of 34.58% is forecast to beat the US Health Information Services industry's average forecast revenue growth rate of 21.14%, and and it is also forecast to beat the US market's average forecast revenue growth rate of 9.33%.

10x Genomics's revenue in 2023 is $516,409,000.On average, 5 Wall Street analysts forecast TXG's revenue for 2023 to be $74,582,709,453, with the lowest TXG revenue forecast at $69,878,355,863, and the highest TXG revenue forecast at $78,500,100,972. On average, 2 Wall Street analysts forecast TXG's revenue for 2024 to be $91,925,867,690, with the lowest TXG revenue forecast at $81,513,212,856, and the highest TXG revenue forecast at $102,338,637,880.

In 2025, TXG is forecast to generate $160,345,540,560 in revenue, with the lowest revenue forecast at $160,345,540,560 and the highest revenue forecast at $160,345,540,560.

What is TXG's forecast return on assets (ROA) for 2023-2025?

(NASDAQ: TXG) forecast ROA is -7.96%, which is lower than the forecast US Health Information Services industry average of 8.59%.

What is TXG's Price Target?

According to 9 Wall Street analysts that have issued a 1 year TXG price target, the average TXG price target is $55.56, with the highest TXG stock price forecast at $100.00 and the lowest TXG stock price forecast at $25.00.

On average, Wall Street analysts predict that 10x Genomics's share price could reach $55.56 by Feb 16, 2024. The average 10x Genomics stock price prediction forecasts a potential upside of 10.6% from the current TXG share price of $50.23.

What is TXG's Earnings Per Share (EPS) forecast for 2023-2025?

(NASDAQ: TXG) 10x Genomics's current Earnings Per Share (EPS) is -$1.46. On average, analysts forecast that TXG's EPS will be -$1.19 for 2023, with the lowest EPS forecast at -$1.34, and the highest EPS forecast at -$1.05. On average, analysts forecast that TXG's EPS will be -$0.22 for 2024, with the lowest EPS forecast at -$0.33, and the highest EPS forecast at -$0.11. In 2025, TXG's EPS is forecast to hit -$0.71 (min: -$0.71, max: -$0.71).

What is TXG's forecast return on equity (ROE) for 2023-2025?

(NASDAQ: TXG) forecast ROE is -10.16%, which is considered weak.
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