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FLGT 2-star rating from Upturn Advisory
Fulgent Genetics Inc (FLGT) company logo

Fulgent Genetics Inc (FLGT)

Fulgent Genetics Inc (FLGT) 2-star rating from Upturn Advisory
$27.79
Last Close (24-hour delay)
Profit since last BUY27.65%
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Consider higher Upturn Star rating
BUY since 74 days
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Upturn Stock price based on last close icon Stock price based on last close
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Upturn Advisory Summary

12/05/2025: FLGT (2-star) has a low Upturn Star Rating. Not recommended to BUY.

Upturn Star Rating

Upturn 2 star rating for performance

Below Average Performance

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

Number of Analysts

1 star rating from financial analysts

3 Analysts rated it

Very few follow this stock; limited insights, higher-risk early investing.

1 Year Target Price $33.67

1 Year Target Price $33.67

Analysts Price Target For last 52 week
$33.67 Target price
52w Low $14.57
Current$27.79
52w High $31.04

Analysis of Past Performance

Type Stock
Historic Profit -11.89%
Avg. Invested days 32
Today’s Advisory Consider higher Upturn Star rating
Upturn Star Rating upturn star rating icon
Upturn Advisory Performance Upturn Advisory Performance icon 3.0
Stock Returns Performance Upturn Returns Performance icon 1.0
Upturn Profits based on simulation icon Profits based on simulation
Upturn last close icon Last Close 12/05/2025

Key Highlights

Company Size Small-Cap Stock
Market Capitalization 859.06M USD
Price to earnings Ratio -
1Y Target Price 33.67
Price to earnings Ratio -
1Y Target Price 33.67
Volume (30-day avg) 3
Beta 0.65
52 Weeks Range 14.57 - 31.04
Updated Date 12/6/2025
52 Weeks Range 14.57 - 31.04
Updated Date 12/6/2025
Dividends yield (FY) -
Basic EPS (TTM) -1.4

Analyzing Revenue: Products, Geography and Growth

Revenue by Products

Product revenue - Year on Year

Revenue by Geography

Geography revenue - Year on Year

Earnings Date

Report Date 2025-11-07
When -
Estimate -0.22
Actual 0.14

Profitability

Profit Margin -13.62%
Operating Margin (TTM) -18.26%

Management Effectiveness

Return on Assets (TTM) -3.63%
Return on Equity (TTM) -3.92%

Valuation

Trailing PE -
Forward PE 7.94
Enterprise Value 512124924
Price to Sales(TTM) 2.72
Enterprise Value 512124924
Price to Sales(TTM) 2.72
Enterprise Value to Revenue 1.62
Enterprise Value to EBITDA -4.34
Shares Outstanding 30912392
Shares Floating 20646387
Shares Outstanding 30912392
Shares Floating 20646387
Percent Insiders 32.7
Percent Institutions 57.21

Icon representing Upturn AI-generated SWOT analysis summary Upturn AI SWOT

Fulgent Genetics Inc

Fulgent Genetics Inc(FLGT) company logo displayed in Upturn AI summary

Company Overview

Company history and background logo History and Background

Fulgent Genetics, Inc. was founded in 2011. It focuses on providing genetic testing services to physicians and patients. The company has evolved from offering a limited menu of tests to a comprehensive platform, expanding its capabilities through technology development and strategic acquisitions.

Company business area logo Core Business Areas

  • Genetic Testing Services: Offers a range of genetic tests, including single-gene tests, comprehensive panels, and exome sequencing, covering various medical conditions.
  • COVID-19 Testing: During the pandemic, Fulgent provided high-throughput COVID-19 testing services, contributing significantly to its revenue. This segment is in decline.
  • Biopharma Services: Fulgent provides genetic testing services that are tailored for biopharmaceutical companies to accelerate the drug discovery and development process.

leadership logo Leadership and Structure

Ming Hsieh is the Chairman and CEO. The company has a typical corporate structure with departments for R&D, sales, operations, and finance.

Top Products and Market Share

Product Key Offerings logo Key Offerings

  • Next Generation Sequencing (NGS): Fulgent's NGS platform offers comprehensive genetic information. NGS accounts for a significant portion of Fulgentu2019s revenues. Competitors include Illumina (ILMN), Thermo Fisher Scientific (TMO), and Quest Diagnostics (DGX).
  • Expanded Carrier Screening (ECS): Offers testing to determine the risk of passing on inherited genetic conditions to offspring. Revenue contribution not precisely available. Competitors include Myriad Genetics (MYGN) and Natera (NTRA).
  • Oncology Testing: Offers panels and tests specific to various types of cancer to aid in treatment decisions. No precise market share data available. Competitors: Exact Sciences (EXAS), Guardant Health (GH).

Market Dynamics

industry overview logo Industry Overview

The genetic testing industry is growing, driven by technological advancements, increased awareness, and demand for personalized medicine. It faces regulatory and reimbursement challenges.

Positioning

Fulgent is positioned as a provider of comprehensive and cost-effective genetic testing services, especially through its NGS platform. Its competitive advantage lies in its technology platform and operational efficiency.

Total Addressable Market (TAM)

The global genetic testing market is projected to reach hundreds of billions of dollars by 2030. Fulgent is positioned to capture a portion of this TAM through its comprehensive testing services.

Upturn SWOT Analysis

Strengths

  • Comprehensive test menu
  • Proprietary technology platform
  • High-throughput capacity
  • Competitive pricing

Weaknesses

  • Reliance on COVID-19 testing revenue in the past
  • Fluctuations in testing volumes and pricing.
  • High competition

Opportunities

  • Expanding partnerships with biopharmaceutical companies
  • Growth in international markets
  • Increasing demand for personalized medicine
  • Growing adoption of genetic testing

Threats

  • Regulatory changes
  • Reimbursement pressures
  • Increased competition
  • Economic downturns

Competitors and Market Share

Key competitor logo Key Competitors

  • ILMN
  • TMO
  • DGX
  • EXAS
  • NTRA

Competitive Landscape

Fulgent has a competitive edge in pricing and operational efficiency, but lags behind larger competitors in terms of market presence and brand recognition.

Major Acquisitions

Inform Diagnostics

  • Year: 2022
  • Acquisition Price (USD millions): 170
  • Strategic Rationale: Expanded Fulgent's footprint in the diagnostics space, adding anatomical pathology capabilities and expertise.

Growth Trajectory and Initiatives

Historical Growth: Historical growth was driven by the expansion of genetic testing services and, significantly, by COVID-19 testing.

Future Projections: Future growth is expected to be driven by new product introductions, partnerships, and the increasing adoption of genetic testing, specifically in oncology and preventative health.

Recent Initiatives: Recent initiatives include expanding partnerships with biopharmaceutical companies, and investing in R&D for new test offerings. The company also made some key acquisitions.

Summary

Fulgent Genetics is in a competitive sector. The company leveraged its technical abilities to secure strong revenue from COVID-19 testing during the pandemic. Its current focus on its genetic testing services will drive growth. It faces the challenges of evolving reimbursement landscape and competition.

Similar Stocks

Sources and Disclaimers

Data Sources:

  • Company SEC filings
  • Analyst reports
  • Industry publications
  • Company Website

Disclaimers:

This analysis is for informational purposes only and does not constitute financial advice. Market share data is approximate and may vary depending on the source.

Information icon for Upturn AI Summarization accuracy disclaimer AI Summarization is directionally correct and might not be accurate.

Information icon for Upturn AI Summarization data freshness disclaimer Summarized information shown could be a few years old and not current.

Information icon warning about Upturn AI Fundamental Rating based on potentially old data Fundamental Rating based on AI could be based on old data.

Information icon warning about potential inaccuracies or hallucinations in Upturn AI-generated summaries AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.

About Fulgent Genetics Inc

Exchange NASDAQ
Headquaters El Monte, CA, United States
IPO Launch date 2016-09-29
Chairman & CEO Mr. Ming Hsieh
Sector Healthcare
Industry Diagnostics & Research
Full time employees 1313
Full time employees 1313

Fulgent Genetics, Inc. provides clinical diagnostic and therapeutic development solutions to physicians and patients in the United States and internationally. The company's clinical diagnostic solutions include molecular diagnostic testing; genetic testing; anatomic pathology laboratory tests and testing services, such as gastrointestinal pathology, dermatopathology, urologic pathology, breast pathology, neuropathology, and hematopathology; oncology tests and testing services; and sequencer services related to hereditary cancer, reproductive health, and other diseases. Its therapeutic development solutions focus on developing drug candidates for treating a range of cancers using a nanoencapsulation and targeted therapy platform to enhance the therapeutic window and pharmacokinetic profile of new and existing cancer drugs. The company operates picture genetics platform, which includes gene probes, data suppression and comparison algorithms, adaptive learning software, and proprietary laboratory information management systems that helps customers to identify health markers in their personal DNA. It serves insurance, hospitals, medical institutions, other laboratories, governmental bodies, payors, municipalities and large corporations, and patients. The company was formerly known as Fulgent Diagnostics, Inc. and changed its name to Fulgent Genetics, Inc. in August 2016. The company was founded in 2011 and is headquartered in El Monte, California.