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Biodesix Inc (BDSX)

Upturn stock ratingUpturn stock rating
$7.6
Last Close (24-hour delay)
Profit since last BUY1627.27%
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Upturn Advisory Summary

09/15/2025: BDSX (2-star) has a low Upturn Star Rating. Not recommended to BUY.

Upturn Star Rating

rating

Below Average Performance

These Stocks/ETFs, based on Upturn Advisory, often underperform the market, warranting careful consideration before investing.

Number of Analysts

rating

6 Analysts rated it

Limited analyst coverage, niche firm, research info may be scarce.

1 Year Target Price $35

1 Year Target Price $35

Analysts Price Target For last 52 week
$35 Target price
52w Low $0.17
Current$7.6
52w High $8.71

Analysis of Past Performance

Type Stock
Historic Profit 726.32%
Avg. Invested days 25
Today’s Advisory Consider higher Upturn Star rating
Upturn Star Rating Upturn stock ratingUpturn stock rating
Upturn Advisory Performance Upturn Advisory Performance 2.0
Stock Returns Performance Upturn Returns Performance 5.0
Upturn Profits based on simulationUpturn Profits based on simulation Profits based on simulation
Upturn Profits based on simulationUpturn Profits based on simulation Last Close 09/15/2025

Key Highlights

Company Size Small-Cap Stock
Market Capitalization 1.10B USD
Price to earnings Ratio -
1Y Target Price 35
Price to earnings Ratio -
1Y Target Price 35
Volume (30-day avg) 6
Beta 1
52 Weeks Range 0.17 - 8.71
Updated Date 09/15/2025
52 Weeks Range 0.17 - 8.71
Updated Date 09/15/2025
Dividends yield (FY) -
Basic EPS (TTM) -5.2

Analyzing Revenue: Products, Geography and Growth

Revenue by Products

Product revenue - Year on Year

Earnings Date

Report Date -
When -
Estimate -
Actual -

Profitability

Profit Margin -53.66%
Operating Margin (TTM) -48.42%

Management Effectiveness

Return on Assets (TTM) -20.81%
Return on Equity (TTM) -219.68%

Valuation

Trailing PE -
Forward PE -
Enterprise Value 1151456406
Price to Sales(TTM) 14.37
Enterprise Value 1151456406
Price to Sales(TTM) 14.37
Enterprise Value to Revenue 15.04
Enterprise Value to EBITDA -2.72
Shares Outstanding 146632992
Shares Floating 63841229
Shares Outstanding 146632992
Shares Floating 63841229
Percent Insiders 51.24
Percent Institutions 22.86

ai summary icon Upturn AI SWOT

Biodesix Inc

stock logo

Company Overview

overview logo History and Background

Biodesix, Inc. was founded in 2005. It is a molecular diagnostics company focused on lung disease. Initially focused on proteomics, it has expanded its offerings to include genomics and artificial intelligence-based solutions.

business area logo Core Business Areas

  • Lung Diagnostic Tests: Develops and commercializes diagnostic tests for lung cancer and other lung diseases.
  • Research and Development: Conducts research to develop new diagnostic and prognostic tests.
  • Services: Offers services to biopharmaceutical companies to support drug development.

leadership logo Leadership and Structure

The leadership team consists of the CEO, CFO, and other executive officers. The organizational structure is based on functional departments such as R&D, commercial operations, and finance.

Top Products and Market Share

overview logo Key Offerings

  • Nodify XL2: A blood-based test used to improve lung nodule risk assessment. It aims to reduce unnecessary invasive procedures and identify those that need diagnostic intervention. Market share data is not available in the requested format. Competitors include Veracyte (VCYT), Castle Biosciences (CSTL).
  • LungStrat Dx Genomic Classifier: A test to predict response to immunotherapy in advanced lung cancer patients. Market share data is not available in the requested format. Competitors include Guardant Health (GH), Foundation Medicine (owned by Roche).
  • GeneStrat NGS: A blood-based, comprehensive genomic profiling test for lung cancer. Market share data is not available in the requested format. Competitors include Guardant Health (GH), Foundation Medicine (owned by Roche).
  • Pulmonary Function Testing (PFT): Assessment of lung function to help diagnosis of respiratory diseases.

Market Dynamics

industry overview logo Industry Overview

The molecular diagnostics market is growing due to increasing prevalence of diseases, advancements in technology, and demand for personalized medicine.

Positioning

Biodesix is positioned as a company focused on lung disease diagnostics. It aims to differentiate itself through innovative tests and strategic partnerships.

Total Addressable Market (TAM)

The TAM for lung cancer diagnostics is estimated to be billions of dollars. Biodesix is positioned to capture a share of this market through its comprehensive suite of diagnostic tests and its focus on precision medicine.

Upturn SWOT Analysis

Strengths

  • Specialized focus on lung disease
  • Proprietary technology platforms
  • Comprehensive suite of diagnostic tests
  • Strategic partnerships

Weaknesses

  • Limited financial resources
  • Dependence on key products
  • Competition from larger diagnostic companies
  • Requires regulatory approvals

Opportunities

  • Expanding into new markets
  • Developing new diagnostic tests
  • Partnering with biopharmaceutical companies
  • Acquiring complementary technologies

Threats

  • Regulatory changes
  • Competition from established players
  • Reimbursement challenges
  • Technological advancements rendering current tests obsolete

Competitors and Market Share

competitor logo Key Competitors

  • VCYT
  • GH
  • CSTL

Competitive Landscape

Biodesix faces competition from larger, more established diagnostic companies. It aims to differentiate itself through its focus on lung disease and its proprietary technology platforms.

Growth Trajectory and Initiatives

Historical Growth: Historical growth has been driven by the adoption of its diagnostic tests and strategic partnerships.

Future Projections: Future growth is expected to be driven by new product launches and expansion into new markets. Analyst estimates are needed to provide specific projections.

Recent Initiatives: Recent initiatives include the launch of new diagnostic tests and partnerships with biopharmaceutical companies.

Summary

Biodesix is a molecular diagnostics company focused on lung disease with proprietary tests and technologies. Key strengths include its disease-specific focus, while weaknesses are competition and limited resources. Opportunities exist in market expansion and new products, but regulatory changes and reimbursement pose threats. The company is still considered to be in the growth stage.

Peer Comparison

Sources and Disclaimers

Data Sources:

  • Company Website
  • SEC Filings
  • Industry Reports

Disclaimers:

The information provided is for informational purposes only and should not be considered investment advice. Market share data is based on estimates and may not be accurate.

Upturn AI SummarizationUpturn AI Summarization AI Summarization is directionally correct and might not be accurate.

Upturn AI SummarizationUpturn AI Summarization Summarized information shown could be a few years old and not current.

Upturn AI SummarizationUpturn AI Summarization Fundamental Rating based on AI could be based on old data.

Upturn AI SummarizationUpturn AI Summarization AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.

About Biodesix Inc

Exchange NASDAQ
Headquaters Louisville, CO, United States
IPO Launch date 2020-10-28
President, CEO & Director Mr. Scott Hutton
Sector Healthcare
Industry Diagnostics & Research
Full time employees 273
Full time employees 273

Biodesix, Inc. operates as a diagnostic solutions company. The company offers blood-based lung tests, including Nodify XL2 and Nodify CDT tests markets as Nodify Lung Nodule Risk Assessment testing to assess the risk of lung cancer and help in identifying the appropriate treatment pathway and help physicians in reclassifying risk of malignancy in patients with suspicious lung nodules. It also provides GeneStrat ddPCR, GeneStrat NGS, and VeriStrat tests markets as part of IQLung testing strategy, which are used in the diagnosis of lung cancer to measure the presence of mutations in the tumor and the state of the patient's immune system to guide treatment decisions. In addition, the company provides diagnostic solutions, including translational research, initial biomarker discovery, assay design, development, and validation, testing of clinical trial samples, regulatory, reimbursement, commercialization, and logistical support services for biopharmaceutical, life sciences, and diagnostic companies. The company was formerly known as Elston Technologies, Inc. and as changed to Biodesix, Inc. in 2006. Biodesix, Inc. was incorporated in 2005 and is headquartered in Louisville, Colorado.