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⚠️ Not investment advice. Past performance does not guarantee future results.
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10x Genomics TXG

United StatesHealthcare · Medical DevicesUSD
2.7AI score
Rank 2,103 of 2,130
better than 1% of companies
76.10USD
▲ 563.5% in one year
TXG MSCI World +22.1%
Average analyst target
66.00 USD (−13.3%)
15 analysts
52-wk low 11.16High 102.81
📈 Chart on TradingView ↗(affiliate link)Analysis of 08/10/2026

What does it do?

10x Genomics is a health technology company that develops and sells instruments and reagents for genomic research, enabling single-cell and spatial analysis at scale. 10x Genomics shows very weak financial health (Net Debt/EBITDA of 11.49) and negative profitability (ROE of -9.40%), with declining revenue (-12.70%).

Key points

from its scores
  • ✓Good share-price trend9.8
  • ✕Little or no dividend0.5
  • ✕Weak growth1.3
  • ✕Unfavourable risk and backdrop2.1

AI analysis

bottom line, main risk, context and news
Bottom line

The combination of very high leverage, negative profitability, and declining revenue makes the stock extremely risky despite the recent price momentum.

Despite strong stock momentum (497.99), the fundamentals do not support the current valuation (forward P/E of 992.57).

⚠ Main risk

The main risk is financial sustainability: with a Net Debt/EBITDA of 11.49 and an operating margin of -15.20%, the company needs a drastic operational improvement to avoid solvency issues.

Context and risks

No recent relevant news and no material exposure to current macro factors (rates, oil, tariffs) that directly affect its genomics instruments business. The main risk is operational and business model related, not contextual.

Is 10x Genomics stock cheap or expensive?

at the analysis date
Pricier than its sector

On Price / sales, it trades 370% above the Healthcare median.

MultipleCompanySectorDifference
Price / book12.04.1+192%
Price / sales16.13.4+370%

Sector: median of the 217 Healthcare companies analysed. In bold, the multiples used for the comparison.

Valuation score: 2.2 out of 10 (median for Healthcare: 4.7).

Average analyst target: 66.00 USD, −13.3% versus the price.

A premium can be justified if the company is of higher quality or grows faster than its sector: Quality / Moat 3.1 (sector 5.5), Growth 1.3 (sector 6.6).

Indicative fair value · USD
Cash flow (DCF)24.23▼ −68% vs price
Price76.10at the analysis date

Classic formulas with standard assumptions (5.0% growth, 8-9% discount rate). Indicative only: they change a lot with the assumptions and are not a recommendation.

Work out its fair value yourself →How much would you have made investing every month? →

Comparing it with its sector does not say whether it is a good buy: this is not investment advice.

🛒 Where to buy TXGCheapest · US (NYSE/Nasdaq) · sample 200.00 € orderCheapest · US (NYSE/Nasdaq) · sample 200.00 € orderAvailable in your country · US (NYSE/Nasdaq) · sample 200.00 € order
By the cost of that order: commission and FX, taxes excluded (public fee schedules). Brokers marked «affiliate» may pay Meridian a commission at no cost to you. This is not investment advice. · Compare all 22 brokers by real cost →

Score by category

0 to 10 · hover overtap each one to see what it measures
Financial healthiPoor2.3Healthcare median: 6.5
Quality / MoatiPoor3.1Healthcare median: 5.5
ValuationiPoor2.2Healthcare median: 4.7
GrowthiPoor1.3Healthcare median: 6.6
DividendiPoor0.5Healthcare median: 1.5
MomentumiExcellent9.8Healthcare median: 6.2
Risk & ContextiPoor2.1Healthcare median: 7.1
Healthcare median7 or more 5 to 7 under 5

Key metrics

at the analysis date · compared with the Healthcare median
EV / EBITDAi
−229.2
Healthcare: 14.5below
ROEi
−9.4%
Healthcare: 10.8%below
Operating margini
−15.2%
Healthcare: 15.2%below
Net debt / EBITDAi
11.49
Healthcare: 1.53above
Revenue growthi
−12.7%
Healthcare: +8.8%below
Dividend yieldi
0.0%
Healthcare: 0.0%below

Valuation

Forward P/E
992.6
EV / EBITDA
−229.2
Price / book
12.0
Price / sales
16.1
Market cap
9.9B USD
Enterprise value
9.4B USD

Profitability

ROE
−9.4%
ROA
−5.0%
ROIC (approx.)
−10.4%
Gross margin
70.1%
Operating margin
−15.2%
Net margin
−12.2%
Free cash flow
179.7M USD
FCF yield
1.8%

Solvency

Total debt
78.8M USD
Net debt
−473.2M USD
Cash
552.0M USD
EBITDA
−41.2M USD
Net debt / EBITDA
11.49
Debt / equity
9.54
Current ratio
5.69
Quick ratio
5.08

Growth

Revenue growth
−12.7%
EPS (TTM)
−0.59 USD
EPS (forward)
0.08 USD

Dividend

Dividend yield
0.0%

Risk and market

Beta
1.99
Analyst consensus
Buy (15)
Target price
66.00 USD
52-week range
11.16 – 102.81

Compare it with its sector

All 217 in Healthcare →
See the full ranking with filters →

Keep browsing the ranking

sorted by score, highest first

Frequently asked questions about 10x Genomics

Is 10x Genomics stock cheap or expensive?

On Price / sales, it trades 370% above the Healthcare median. Valuation score: 2.2 out of 10 (median for Healthcare: 4.7). Average analyst target: 66.00 USD, −13.3% versus the price. This is not investment advice.

What score does 10x Genomics get on MeridIAn Screener?

It scores 2.7 out of 10, rank 2,103 of 2,130 (better than 1% of the companies analysed). Its strongest category is Momentum (9.8) and its weakest, Dividend (0.5). Analysis of 08/10/2026.

How much is 10x Genomics worth on the stock market?

Its market capitalisation is 9.9B USD and its enterprise value, debt included, is 9.4B USD.

How much debt does 10x Genomics have?

It has more cash than debt: net cash of 473.2M USD.

Does 10x Genomics pay a dividend?

It pays no dividend, or almost none.

How has 10x Genomics stock performed over the last year?

It has risen 563.5% over the last year, excluding dividends. Over the last 52 weeks it has traded between 11.16 and 102.81 USD. Past performance does not guarantee future results.

What do analysts think of 10x Genomics?

15 analysts cover it; their average recommendation is “Buy” and their average target is 66.00 USD (−13.3% versus the price). It is an estimate, not market data.