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FLGT logo FLGT
Upturn stock ratingUpturn stock rating
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Fulgent Genetics Inc (FLGT)

Upturn stock ratingUpturn stock rating
$21.74
Last Close (24-hour delay)
upturn advisory
PASS
  • BUY Advisory
  • SELL Advisory (Profit)​
  • SELL Advisory (Loss)​
  • Profit
  • Loss
  • Pass (Skip investing)
Upturn Stock infoUpturn Stock info Stock price based on last close
*as per simulation
(see disclosures)
Time period over
  • ALL
  • YEAR
  • MONTH
  • WEEK

Upturn Advisory Summary

08/14/2025: FLGT (1-star) is currently NOT-A-BUY. Pass it for now.

Upturn Star Rating

rating

Not Recommended Performance

These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.

Number of Analysts

rating

3 Analysts rated it

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

1 Year Target Price $25.33

1 Year Target Price $25.33

Analysts Price Target For last 52 week
$25.33 Target price
52w Low $14.57
Current$21.74
52w High $23.99

Analysis of Past Performance

Type Stock
Historic Profit -30.98%
Avg. Invested days 25
Today’s Advisory PASS
Upturn Star Rating Upturn stock ratingUpturn stock rating
Upturn Advisory Performance Upturn Advisory Performance 2.0
Stock Returns Performance Upturn Returns Performance 1.0
Upturn Profits based on simulationUpturn Profits based on simulation Profits based on simulation
Upturn Profits based on simulationUpturn Profits based on simulation Last Close 08/14/2025

Key Highlights

Company Size Small-Cap Stock
Market Capitalization 665.44M USD
Price to earnings Ratio -
1Y Target Price 25.33
Price to earnings Ratio -
1Y Target Price 25.33
Volume (30-day avg) 3
Beta 0.83
52 Weeks Range 14.57 - 23.99
Updated Date 08/15/2025
52 Weeks Range 14.57 - 23.99
Updated Date 08/15/2025
Dividends yield (FY) -
Basic EPS (TTM) -1.66

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 2025-08-01
When -
Estimate -0.18
Actual 0.07

Profitability

Profit Margin -16.83%
Operating Margin (TTM) -24.1%

Management Effectiveness

Return on Assets (TTM) -3.74%
Return on Equity (TTM) -4.65%

Valuation

Trailing PE -
Forward PE 7.94
Enterprise Value 379899616
Price to Sales(TTM) 2.19
Enterprise Value 379899616
Price to Sales(TTM) 2.19
Enterprise Value to Revenue 1.25
Enterprise Value to EBITDA -4.34
Shares Outstanding 30609000
Shares Floating 18639990
Shares Outstanding 30609000
Shares Floating 18639990
Percent Insiders 33.21
Percent Institutions 54.62

ai summary icon Upturn AI SWOT

Fulgent Genetics Inc

stock logo

Company Overview

overview logo History and Background

Fulgent Genetics Inc. was founded in 2011. Initially focused on developing a comprehensive genetic testing platform, it rapidly grew through strategic partnerships and technological advancements, particularly in next-generation sequencing (NGS). The company pivoted to high-volume COVID-19 testing during the pandemic, significantly boosting revenue, and is now focusing on returning to its core genetics business.

business area logo Core Business Areas

  • Core Genetic Testing: Offers a wide range of genetic tests covering various medical conditions, including inherited diseases, cancer diagnostics, and reproductive health. These tests use NGS and other technologies.
  • COVID-19 Testing (Historically Significant): During the pandemic, Fulgent provided high-volume COVID-19 testing services. While this segment has decreased, it remains a part of offerings
  • Therapeutic Development: Fulgent has expanded into therapeutic development.

leadership logo Leadership and Structure

Ming Hsieh is the Chairman of the Board and CEO. The company has a standard corporate structure with various departments led by vice presidents and directors.

Top Products and Market Share

overview logo Key Offerings

  • Expanded Carrier Screening: Screens for hundreds of inherited genetic conditions. Competitors include Myriad Genetics, Natera, and LabCorp. Market share data varies, but Fulgent is a significant player in the expanded carrier screening market.
  • Oncology Testing: Provides comprehensive genomic profiling for cancer patients. Competitors include Foundation Medicine (Roche), Guardant Health, and Exact Sciences. Fulgent competes on price and breadth of testing, offering a cost effective solution. Market share data varies.
  • COVID-19 Testing: PCR-based test for detecting COVID-19. Competitors include Quest Diagnostics, LabCorp, and numerous smaller labs. Revenue and volumes greatly vary. Fulgent quickly scaled up operations and provided test for various institutions.

Market Dynamics

industry overview logo Industry Overview

The genetic testing industry is growing rapidly, driven by advancements in technology, increasing awareness of genetic diseases, and personalized medicine. It includes diagnostics, screening, and therapeutic development. COVID-19 has accelerated adoption of genetic testing.

Positioning

Fulgent is positioned as a cost-effective provider of comprehensive genetic testing services. It competes on price, turnaround time, and the breadth of its test menu. Focuses on scalability through automation and efficient operations.

Total Addressable Market (TAM)

The global genetic testing market is projected to reach hundreds of billions of USD in the next few years. Fulgent is focusing on capturing a larger share of this expanding market by expanding test menu and building direct to patient programs

Upturn SWOT Analysis

Strengths

  • Comprehensive test menu
  • Competitive pricing
  • Scalable technology platform
  • Strong relationships with healthcare providers
  • Focus on automation

Weaknesses

  • Dependence on COVID-19 testing revenue (decreasing)
  • Lower brand recognition compared to larger competitors
  • Need to expand sales and marketing efforts
  • Reliance on reimbursement rates

Opportunities

  • Expanding into new geographic markets
  • Developing new genetic tests
  • Acquiring complementary businesses
  • Entering partnerships with pharmaceutical companies
  • Direct-to-consumer genetics offerings

Threats

  • Increasing competition
  • Changes in reimbursement policies
  • Regulatory hurdles
  • Technological advancements by competitors
  • Economic downturn

Competitors and Market Share

competitor logo Key Competitors

  • DGX
  • LH
  • ILMN
  • PACB
  • ONT

Competitive Landscape

Fulgent competes by offering comprehensive testing and competitive pricing. They are smaller than established diagnostics firms but offer speed and comprehensive genetic analysis. Competition will be strong as the larger companies have a head start and brand loyalty.

Major Acquisitions

Inform Diagnostics

  • Year: 2022
  • Acquisition Price (USD millions): 170
  • Strategic Rationale: Expanded Fulgent's oncology testing capabilities and reach.

CSI Laboratories

  • Year: 2022
  • Acquisition Price (USD millions): 33
  • Strategic Rationale: Expanded Fulgent's capabilities in hematopathology and oncology testing.

Growth Trajectory and Initiatives

Historical Growth: Rapid growth driven by COVID-19 testing, followed by a decline.

Future Projections: Analysts expect revenue to stabilize and grow as Fulgent focuses on its core genetics business. Projections vary widely.

Recent Initiatives: Acquisitions of Inform Diagnostics and CSI Laboratories and focusing on direct to patient programs and new genetic testing.

Summary

Fulgent Genetics experienced a significant revenue surge during the COVID-19 pandemic, but now focuses on its core genetics business. They face increasing competition in the growing genetic testing market, where innovation is key. Their cost-effective approach and scalability are working to their advantage. Need to look out for changes in reimbursement policies and technological advancements by competitors.

Peer Comparison

Sources and Disclaimers

Data Sources:

  • Company filings
  • Analyst reports
  • Industry publications

Disclaimers:

This analysis is for informational purposes only and should not be considered financial advice. Market share estimates are approximate.

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 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.