FLGT official logo FLGT
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
$29.1
Last Close (24-hour delay)
Profit since last BUY33.67%
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Upturn Advisory Summary

11/14/2025: 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 $30

1 Year Target Price $30

Analysts Price Target For last 52 week
$30 Target price
52w Low $14.57
Current$29.1
52w High $30.59

Analysis of Past Performance

Type Stock
Historic Profit -7.74%
Avg. Invested days 30
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 11/14/2025

Key Highlights

Company Size Small-Cap Stock
Market Capitalization 914.70M USD
Price to earnings Ratio -
1Y Target Price 30
Price to earnings Ratio -
1Y Target Price 30
Volume (30-day avg) 3
Beta 0.68
52 Weeks Range 14.57 - 30.59
Updated Date 11/15/2025
52 Weeks Range 14.57 - 30.59
Updated Date 11/15/2025
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 -0.2242
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 531290607
Price to Sales(TTM) 2.9
Enterprise Value 531290607
Price to Sales(TTM) 2.9
Enterprise Value to Revenue 1.68
Enterprise Value to EBITDA -4.34
Shares Outstanding 30912392
Shares Floating 18939713
Shares Outstanding 30912392
Shares Floating 18939713
Percent Insiders 32.81
Percent Institutions 58.19

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 was founded in 2011. Initially focused on comprehensive genetic testing, it gained prominence during the COVID-19 pandemic with its PCR testing services. It has since expanded its offerings to include various genetic testing panels and telehealth services.

Company business area logo Core Business Areas

  • Genetic Testing: Offers comprehensive genetic testing panels for various inherited diseases, cancers, and other conditions. Uses next-generation sequencing (NGS) technology.
  • COVID-19 Testing: Provided PCR-based COVID-19 testing services, which significantly contributed to revenue growth during the pandemic. This has since drastically decreased with the end of the COVID-19 emergency declaration in the US.
  • Telehealth Services: Fulgent Health offers telemedicine services.

leadership logo Leadership and Structure

Ming Hsieh is the Chairman of the Board and CEO. The company has a typical corporate structure with departments focusing on R&D, sales, marketing, and operations. Brandon Perthuis is the Chief Commercial Officer.

Top Products and Market Share

Product Key Offerings logo Key Offerings

  • Genetic Testing Panels (Inherited Diseases): Offers a wide range of genetic tests for inherited conditions. Competitors: Invitae (NVTA), Myriad Genetics (MYGN). Market share data varies; precise figures are difficult to obtain as it is a fragmented market with niche players, estimated to be around 5-10% of the market in 2023.
  • Genetic Testing Panels (Oncology): Provides genetic tests for cancer risk assessment and personalized treatment decisions. Competitors: Exact Sciences (EXAS), Guardant Health (GH). Market share data varies; precise figures are difficult to obtain as it is a fragmented market with niche players, estimated to be around 5-10% of the market in 2023.
  • COVID-19 Testing: Prior to 2023, COVID-19 testing made up a large part of revenue, since then has been reduced to negligible revenue.

Market Dynamics

industry overview logo Industry Overview

The genetic testing market is growing rapidly, driven by advancements in technology, increasing awareness of personalized medicine, and decreasing costs of sequencing. Telehealth has also seen growth and is likely to continue due to improved ease for patients. Competition is high.

Positioning

Fulgent Genetics is positioned as a provider of comprehensive and affordable genetic testing services. Its competitive advantage lies in its technological platform and efficient operations.

Total Addressable Market (TAM)

The total addressable market for genetic testing is estimated to reach hundreds of billions of dollars by 2030. Fulgent Genetics is positioned to capture a portion of this growth through its expanding product offerings and strategic partnerships.

Upturn SWOT Analysis

Strengths

  • Comprehensive Genetic Testing Platform
  • Efficient Operations and Scalability
  • Strong Technology Infrastructure
  • Expanding Product Portfolio
  • Telemedicine presence

Weaknesses

  • Reliance on COVID-19 testing revenue (decreasing)
  • High competition in the genetic testing market
  • Need for increased brand recognition
  • Vulnerable to price compression
  • Significant changes in market share between quarters and years

Opportunities

  • Expanding into new geographic markets
  • Developing new genetic testing panels
  • Forming strategic partnerships with healthcare providers
  • Increasing focus on personalized medicine
  • Growing telehealth capabilities

Threats

  • Increased competition from established players
  • Changes in reimbursement policies
  • Technological advancements by competitors
  • Data privacy and security concerns
  • Fluctuations in demand for COVID-19 testing

Competitors and Market Share

Key competitor logo Key Competitors

  • NVTA
  • EXAS
  • LH
  • DGX
  • ILMN

Competitive Landscape

Fulgent Genetics faces strong competition from established players with larger market shares. However, Fulgent Genetics' competitive advantages include its comprehensive testing platform, efficient operations, and affordable pricing.

Major Acquisitions

Inform Diagnostics

  • Year: 2022
  • Acquisition Price (USD millions): 170
  • Strategic Rationale: Expand cancer diagnostic capabilities and market reach.

Growth Trajectory and Initiatives

Historical Growth: Historical growth was heavily influenced by COVID-19 testing. The company's long term growth will depend on its core genetic testing offerings.

Future Projections: Analysts project continued revenue decline as COVID-19 testing revenue subsides. Future growth depends on the expansion of its core genetic testing business and its Telehealth options.

Recent Initiatives: Recent strategic initiatives include expanding its genetic testing panels, focusing on personalized medicine, and growing its telehealth platform.

Summary

Fulgent Genetics experienced rapid growth due to COVID-19 testing, but now faces the challenge of diversifying its revenue streams as testing demand declines. The company's core genetic testing business and strategic acquisitions offer potential growth opportunities. However, it faces stiff competition and needs to increase brand recognition. The company must focus on expanding product portfolio and partnerships to ensure long-term sustainability.

Similar Stocks

Sources and Disclaimers

Data Sources:

  • Company filings (10-K, 10-Q)
  • Analyst reports
  • Press releases
  • Yahoo Finance
  • Company Investor Relations
  • Market Research Reports

Disclaimers:

This analysis is for informational purposes only and should not be considered financial advice. Market share data is approximate and based on available information. Investment decisions should be made based on thorough research and consultation with a qualified financial advisor.

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.