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WGS Overview

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$
0.000
0.000(0.000%)
At close
0.000(0.000%)Aft-market
ET
$
0.000
0.000(0.000%)
At close
0.000(0.000%)Aft-market
ET
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Intellectia

Loading chart...

High
69.545
Open
69.100
VWAP
66.59
Vol
656.87K
Mkt Cap
1.94B
Low
64.800
Amount
43.74M
EV/EBITDA(TTM)
--
Total Shares
29.69M
EV
1.97B
EV/OCF(TTM)
--
P/S(TTM)
4.55
GeneDx Holdings Corp. is a genomics company. The Company operates, through its subsidiary, GeneDx, LLC, which is focused on exome and genome tests that translate complex genomic data into clinical answers that unlock personalized health plans, accelerate drug discovery, and improve health system efficiencies. It operates through the GeneDx segment, which primarily provides pediatric and rare disease diagnostics with a focus on whole exome and genome sequencing and, to a lesser extent, data and information services. Genomic sequencing tests include whole genome sequencing, whole exome sequencing, prenatal genetic testing, targeted testing, pediatric neurology, general pediatrics, geneticists and genetic counsellors, and others. It offers a menu of targeted variant testing options to meet the needs of families and healthcare providers. Its subsidiary, Fabric Genomics, Inc., specializes in artificial intelligence-powered genomic interpretation.
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Events Timeline

(ET)
2026-06-16
09:00:00
GeneDx Appoints Mark Gardner as President
select
2026-05-05 (ET)
2026-05-05
16:40:00
Major U.S. Averages Close Broadly Higher, Nasdaq Up 1.03%
select
2026-05-05
12:10:00
Major Averages Broadly Higher, Nasdaq Up 1%
select

News

PRnewswire
7.0
07-07PRnewswire
Securities Fraud Class Action Filed Against GeneDx Holdings Corp.
  • Lawsuit Background: Kessler Topaz Meltzer & Check, LLP has filed a securities fraud class action against GeneDx Holdings Corp. on behalf of investors who purchased WGS stock between April 16, 2025, and May 4, 2026, highlighting serious concerns over the company's financial transparency.
  • Acquisition Agreement Issues: GeneDx announced an agreement to acquire Fabric Genomics for up to $51 million on April 16, 2025, but soon faced significant operational problems post-acquisition, leading investors to question its future profitability and impacting stock prices negatively.
  • Financial Loss Disclosure: On May 4, 2026, GeneDx revealed its first-quarter results, showing a drop in adjusted gross margin and lowered earnings projections, along with a $31.3 million impairment loss related to Fabric, causing the stock price to plummet by over 49%.
  • Investor Action Recommendations: Affected investors are advised to apply for lead plaintiff status by August 3, 2026, to represent all victims in the class action lawsuit, ensuring their rights to potential recoveries are protected.
Globenewswire
7.0
07-07Globenewswire
GeneDx Holdings Shareholder Class Action Filed Over Misleading Statements
  • Class Action Initiated: Bernstein Liebhard LLP announces a securities class action lawsuit on behalf of investors who purchased GeneDx Holdings Corp. (NASDAQ: WGS) stock between April 16, 2025, and May 4, 2026, alleging the company made materially false and misleading statements during this period.
  • Investor Losses: The lawsuit claims that due to significant misrepresentations regarding the company's business operations, growth prospects, and financial stability, WGS stock traded at artificially inflated prices, resulting in substantial losses for investors when the truth was revealed.
  • Participation Requirements: Investors are encouraged to act promptly and submit a form to participate in the lawsuit; those wishing to serve as lead plaintiffs must file papers by August 3, 2026, while those who choose not to participate will remain absent class members.
  • Fee Structure: Bernstein Liebhard LLP states that all representation is on a contingency fee basis, meaning shareholders incur no fees or expenses, thereby lowering the barrier for investor participation in the litigation.
PRnewswire
7.0
07-06PRnewswire
GeneDx Holdings Corp. Class Action Lawsuit Notification
  • Class Action Initiation: GeneDx Holdings Corp. is facing a class action lawsuit due to false statements made between April 16, 2025, and May 4, 2026, with investors having until August 3, 2026, to apply as lead plaintiffs, indicating significant legal risks that could impact stock price and market confidence.
  • Financial Loss Disclosure: The Q1 2026 financial report revealed a drop in adjusted gross margin from 74% to 69% and a reduction in projected earnings from $540-$555 million to $475-$490 million, leading to a stock price drop of over 49% post-announcement, reflecting deteriorating financial health.
  • Acquisition Issues Exposed: The lawsuit alleges that GeneDx failed to disclose significant problems with Fabric Genomics that could negatively affect overall business operations, indicating risks associated with inadequate due diligence during acquisitions that may erode investor confidence.
  • Legal Representation Eligibility: Under the Private Securities Litigation Reform Act of 1995, any investor who purchased GeneDx stock during the class period can seek appointment as lead plaintiff, highlighting the importance of investor participation in legal proceedings and its potential impact on the company's future recovery.
Globenewswire
7.0
07-06Globenewswire
GeneDx Faces Class Action Over Misleading Acquisition Claims Amid 49% Stock Plunge
  • Lawsuit Investigation: Hagens Berman is investigating a securities class action lawsuit against GeneDx Holdings, alleging that executives misled investors regarding the Fabric Genomics acquisition, which contributed to a 49% stock drop on May 5, 2026.
  • Severe Financial Losses: GeneDx reported a tenfold increase in net loss in Q1 2026 compared to the previous year, primarily due to a $31.2 million impairment charge related to Fabric Genomics, which accounted for about 94% of the acquisition cost.
  • Revenue Guidance Cut: The company slashed its 2026 revenue guidance by 12%, stating that growth in genome and exome revenues would be at least 20%, significantly lower than previous forecasts, indicating a major shift in product mix.
  • Leadership Change: Following the stock collapse, GeneDx appointed Mark Gardner as the new president, and Hagens Berman is investigating whether this leadership change is causally linked to the internal issues that preceded the stock's decline.
Globenewswire
7.0
07-06Globenewswire
GeneDx Faces Class Action Lawsuit for Securities Violations
  • Class Action Reminder: The Schall Law Firm alerts investors of a class action lawsuit against GeneDx for violations of §§10(b) and 20(a) of the Securities Exchange Act, concerning securities purchased between April 16, 2025, and May 4, 2026, with a deadline to contact the firm by August 3, 2026.
  • Declining Financial Performance: GeneDx reported a drop in adjusted gross margin and lowered earnings projections in its Q1 2026 financial results released on May 4, 2026, alongside a $31.3 million impairment related to Fabric Genomics, indicating a deterioration in the company's financial health.
  • Impact of False Statements: The complaint alleges that GeneDx made false and misleading statements during the class period, resulting in investor losses when the truth emerged, highlighting significant failures in the company's disclosure practices.
  • Legal Consultation Opportunity: The Schall Law Firm encourages affected investors to reach out for free consultations before the class is certified, ensuring their rights are protected and preventing them from becoming absent class members.
Globenewswire
7.0
07-06Globenewswire
Notice of Class Action Lawsuit for GeneDx Shareholders
  • Class Action Notice: Rosen Law Firm reminds investors who purchased GeneDx stock between April 16, 2025, and May 4, 2026, to apply as lead plaintiffs by August 3, 2026, to participate in the class action, as those who do not will be ineligible for compensation.
  • Lawsuit Background: The lawsuit alleges that GeneDx made false statements regarding the acquisition of Fabric, leading investors to believe it would enhance financial performance, while significant issues with Fabric's viability negatively impacted GeneDx's overall operations.
  • Law Firm Credentials: Rosen Law Firm specializes in securities class actions and has achieved the largest settlement against a Chinese company, demonstrating its expertise and success in the field, urging investors to select experienced legal counsel.
  • Investor Rights: Investors can join the class action without any out-of-pocket fees and may choose their own counsel; however, those who do not become lead plaintiffs can still participate as absent class members in potential future recoveries, noting that the class has not yet been certified.
Wall Street analysts forecast WGS stock price to rise
8 Analyst Rating
Wall Street analysts forecast WGS stock price to rise
7 Buy
1 Hold
0 Sell
Strong Buy
Current: 0.000
sliders
Low
155.00
Averages
171.43
High
200.00
Current: 0.000
sliders
Low
155.00
Averages
171.43
High
200.00
Guggenheim
Buy
maintain
$70 -> $74
AI Analysis
2026-06-29
Reason
Guggenheim
Price Target
$70 -> $74
AI Analysis
2026-06-29
maintain
Buy
Reason
Guggenheim raised the firm's price target on GeneDx to $74 from $70 and keeps a Buy rating on the shares. The firm adjusted models and forecasts for select companies in its diagnostics and life sciences tools coverage after meetings with management teams.
Piper Sandler
David Westenberg
NULL
to
Overweight
maintain
$50 -> $63
2026-06-23
Reason
Piper Sandler
David Westenberg
Price Target
$50 -> $63
2026-06-23
maintain
NULL
to
Overweight
Reason
Piper Sandler analyst David Westenberg raised the firm's price target on GeneDx to $63 from $50 and keeps an Overweight rating on the shares. Carelon's new outpatient genome coverage policy is a structural positive for GeneDx, reducing reimbursement uncertainty and supporting a shift toward genome sequencing that could add about $100 in ASP by the second half of 2027, despite near-term revenue pressure and a Q1 shortfall linked to the transition, the analyst tells investors in a research note.
Unlock Full Analyst Thesis, Get the complete breakdown of rating reason for WGS
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Valuation Metrics

The current forward P/E ratio for GeneDx Holdings Corp (WGS.O) is 232.56, compared to its 5-year average forward P/E of 42.76. For a more detailed relative valuation and DCF analysis to assess GeneDx Holdings Corp's fair value, Click here.

Forward PE

The forward P/E ratio is a valuation metric that divides a company's current stock price by its estimated future earnings per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
N/A
5Y Average PE
42.76
Current PE
232.56
Overvalued PE
153.39
Undervalued PE
-67.87

Forward EV/EBITDA

The forward EV/EBITDA ratio is a valuation metric that divides a company's enterprise value (EV) by its estimated future earnings before interest, taxes, depreciation, and amortization (EBITDA) over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
N/A
5Y Average EV/EBITDA
824.75
Current EV/EBITDA
-16.82
Overvalued EV/EBITDA
6176.08
Undervalued EV/EBITDA
-4526.58

Forward PS

The forward P/S ratio is a valuation metric that divides a company's current stock price by its estimated future sales (or revenue) per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
N/A
5Y Average PS
4.63
Current PS
3.44
Overvalued PS
14.63
Undervalued PS
-5.38

Financials

AI Analysis
Annual
Quarterly

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Whales Holding WGS

S
Summit Partners Public Asset Management, LLC
Holding
WGS
+37.64%
3M Return
A
ARK Investment Management LLC
Holding
WGS
+22.89%
3M Return
C
Corvex Management LP
Holding
WGS
+20.22%
3M Return
P
Polen Capital Management, LLC
Holding
WGS
+7.46%
3M Return

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Frequently Asked Questions

What is GeneDx Holdings Corp (WGS) stock price today?

The current price of WGS is 65.42 USD — it has decreased -5.04

What is GeneDx Holdings Corp (WGS)'s business?

GeneDx Holdings Corp. is a genomics company. The Company operates, through its subsidiary, GeneDx, LLC, which is focused on exome and genome tests that translate complex genomic data into clinical answers that unlock personalized health plans, accelerate drug discovery, and improve health system efficiencies. It operates through the GeneDx segment, which primarily provides pediatric and rare disease diagnostics with a focus on whole exome and genome sequencing and, to a lesser extent, data and information services. Genomic sequencing tests include whole genome sequencing, whole exome sequencing, prenatal genetic testing, targeted testing, pediatric neurology, general pediatrics, geneticists and genetic counsellors, and others. It offers a menu of targeted variant testing options to meet the needs of families and healthcare providers. Its subsidiary, Fabric Genomics, Inc., specializes in artificial intelligence-powered genomic interpretation.

What is the price predicton of WGS Stock?

Wall Street analysts forecast WGS stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for WGS is171.43 USD with a low forecast of 155.00 USD and a high forecast of 200.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.

What is GeneDx Holdings Corp (WGS)'s revenue for the last quarter?

GeneDx Holdings Corp revenue for the last quarter amounts to 102.25M USD, increased 17.38

What is GeneDx Holdings Corp (WGS)'s earnings per share (EPS) for the last quarter?

GeneDx Holdings Corp. EPS for the last quarter amounts to -2.16 USD, increased 839.13

How many employees does GeneDx Holdings Corp (WGS). have?

GeneDx Holdings Corp (WGS) has 1300 emplpoyees as of July 08 2026.

What is GeneDx Holdings Corp (WGS) market cap?

Today WGS has the market capitalization of 1.94B USD.