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10X Genomics Inc (TXG)

Upturn stock ratingUpturn stock rating
$11.58
Last Close (24-hour delay)
Profit since last BUY14.77%
upturn advisory
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BUY since 15 days
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Upturn Advisory Summary

06/30/2025: TXG (1-star) has a low Upturn Star Rating. Not recommended to BUY.

Upturn Star Rating

ratingratingratingratingrating

Not Recommended Performance

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

Number of Analysts

rating

16 Analysts rated it

These Stocks/ETFs, based on Upturn Advisory, frequently surpass the market, reflecting reliable and trustworthy advice.

Year Target Price $13.08

Year Target Price $13.08

Analyst’s Price TargetsFor last 52 week
$13.08Target price
Low$6.78
Current$11.58
high$24.76

Analysis of Past Performance

Type Stock
Historic Profit -4.99%
Avg. Invested days 31
Today’s Advisory Consider higher Upturn Star rating
Upturn Star Rating Upturn stock ratingUpturn stock rating
Upturn Advisory Performance Upturn Advisory Performance 3.0
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 06/30/2025

Key Highlights

Company Size Small-Cap Stock
Market Capitalization 1.43B USD
Price to earnings Ratio -
1Y Target Price 13.08
Price to earnings Ratio -
1Y Target Price 13.08
Volume (30-day avg) 16
Beta 1.98
52 Weeks Range 6.78 - 24.76
Updated Date 07/1/2025
52 Weeks Range 6.78 - 24.76
Updated Date 07/1/2025
Dividends yield (FY) -
Basic EPS (TTM) -1.3

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 -
When -
Estimate -
Actual -

Profitability

Profit Margin -25.14%
Operating Margin (TTM) -31.33%

Management Effectiveness

Return on Assets (TTM) -12.43%
Return on Equity (TTM) -22.03%

Valuation

Trailing PE -
Forward PE 196.08
Enterprise Value 1078442156
Price to Sales(TTM) 2.28
Enterprise Value 1078442156
Price to Sales(TTM) 2.28
Enterprise Value to Revenue 1.73
Enterprise Value to EBITDA -40.69
Shares Outstanding 111093000
Shares Floating 109010309
Shares Outstanding 111093000
Shares Floating 109010309
Percent Insiders 1.93
Percent Institutions 102.33

Analyst Ratings

Rating 4
Target Price 13.08
Buy 2
Strong Buy 5
Buy 2
Strong Buy 5
Hold 9
Sell -
Strong Sell -
Strong Sell -

ai summary icon Upturn AI SWOT

10X Genomics Inc

stock logo

Company Overview

overview logo History and Background

10X Genomics was founded in 2012. It focuses on developing and manufacturing instruments, consumables, and software for analyzing biological systems. The company went public in 2019.

business area logo Core Business Areas

  • Genomics: Developing tools for single-cell gene expression, single-cell immune profiling, and other genomics applications.
  • Spatial Biology: Provides solutions for spatially resolved transcriptomics and proteomics, allowing researchers to understand biological processes in the context of tissue architecture.
  • Software: Offers software suites to analyze and visualize data generated by its instruments, making complex genomic information more accessible.

leadership logo Leadership and Structure

Serge Saxonov is the CEO. The company has a typical corporate structure with departments focused on R&D, Sales, Marketing, and Operations.

Top Products and Market Share

overview logo Key Offerings

  • Chromium Solutions: These microfluidics-based instruments and reagents enable single-cell gene expression analysis. The Chromium X Series is used in a wide range of Genomics. Competitors include Bio-Rad (BIO), Illumina (ILMN), and BD Biosciences (BDX).
  • Visium Spatial Solutions: This technology enables spatial transcriptomics, providing gene expression information in the context of tissue architecture. Competitors include Akoya Biosciences (AKYA) and NanoString Technologies (NSTG).
  • Xenium In Situ: Enables high-plex in situ analysis at subcellular resolution. Competitors include NanoString Technologies (NSTG) and Vizgen.

Market Dynamics

industry overview logo Industry Overview

The genomics and spatial biology market is rapidly growing due to increasing demand for personalized medicine and advanced research tools. Key trends include single-cell analysis, spatial transcriptomics, and multiomics approaches.

Positioning

10X Genomics is a leading player in the genomics and spatial biology market, known for its innovative technologies and comprehensive solutions. It holds a strong market share in single-cell sequencing and is expanding its presence in spatial transcriptomics.

Total Addressable Market (TAM)

The estimated TAM for single-cell and spatial biology is tens of billions of dollars. 10X Genomics is well-positioned to capture a significant portion of this market with its expanding product portfolio and leading market position.

Upturn SWOT Analysis

Strengths

  • Innovative technology platform
  • Strong market position
  • Comprehensive solutions
  • Large and growing customer base
  • Extensive IP portfolio

Weaknesses

  • High product cost
  • Reliance on a few key products
  • Competition from larger players
  • Ongoing patent litigation

Opportunities

  • Expanding into new markets
  • Developing new applications for existing technologies
  • Acquiring complementary technologies
  • Partnering with pharmaceutical companies

Threats

  • Intense competition
  • Technological obsolescence
  • Patent challenges
  • Economic downturn
  • Reimbursement risk

Competitors and Market Share

competitor logo Key Competitors

  • ILMN
  • BIO
  • AKYA
  • NSTG

Competitive Landscape

10X Genomics faces competition from established players like Illumina and Bio-Rad, as well as emerging companies like Akoya Biosciences and NanoString Technologies. 10X Genomics' strength lies in its innovative technology and comprehensive solutions. However, its high product cost and reliance on a few key products are potential weaknesses.

Major Acquisitions

ReadCoor

  • Year: 2020
  • Acquisition Price (USD millions): 350
  • Strategic Rationale: Strengthened its position in spatial genomics by adding multiplexed fluorescence in situ hybridization (FISH) capabilities.

Growth Trajectory and Initiatives

Historical Growth: 10X Genomics experienced rapid revenue growth in its early years as a public company. Growth has slowed recently due to increased competition and macroeconomic factors.

Future Projections: Analysts expect 10X Genomics to resume strong growth in the coming years as it expands its product portfolio and penetrates new markets. Revenue growth is projected to be in the double digits.

Recent Initiatives: Recent strategic initiatives include the launch of new products (Xenium In Situ), expansion into spatial biology, and partnerships with pharmaceutical companies.

Summary

10X Genomics is a key player in the expanding genomics and spatial biology market, known for innovative technologies. It possesses strengths in its proprietary products and market positioning. Key things to look out for are intense competition, product cost, and patent challenges. Its strong cash reserves support future growth initiatives.

Peer Comparison

Sources and Disclaimers

Data Sources:

  • Company filings (10-K, 10-Q)
  • Analyst reports
  • Press releases
  • Market research 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 precise. The AI-based rating is subjective and should be used as one factor among many when making investment decisions.

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 10X Genomics Inc

Exchange NASDAQ
Headquaters Pleasanton, CA, United States
IPO Launch date 2019-09-12
Co-Founder, CEO & Director Dr. Serge Saxonov Ph.D.
Sector Healthcare
Industry Health Information Services
Full time employees 1306
Full time employees 1306

10x Genomics, Inc., a life science technology company, develops and sells instruments, consumables, and software for analyzing biological systems in the Americas, Europe, the Middle East, Africa, China, and the Asia Pacific. It offers Chromium platform that enables analysis of individual biological components, as well as includes microfluidic chips and related consumables, Chromium X Series, and Chromium instruments; Visium platform includes Spatial Gene Expression, HD Spatial Gene Expression, and Spatial Gene and Protein Expression assays, as well as the Visium CytAssist, an instrument designed to simplify and optimize the Visium solution workflow by facilitating the transfer of transcriptomic analytes from standard glass slides to Visium slides; and Xenium Analyzer instrument enables researchers to detect and preserve the cellular location of hundreds of RNA targets directly in a fresh frozen or FFPE tissue section. It serves various academic, government, biopharmaceutical, biotechnology, and other institutions. The company was formerly known as 10X Technologies, Inc. and changed its name to 10x Genomics, Inc. in November 2014. 10x Genomics, Inc. was incorporated in 2012 and is headquartered in Pleasanton, California.