Lucid Diagnostics Inc. operates as a commercial-stage medical diagnostics technology company in the United States. The company focuses on patients with gastroesophageal reflux disease (GERD) who are at risk of developing esophageal precancer and cancer, primarily highly lethal esophageal adenocarcinoma. Its flagship product, the EsoGuard Esophageal DNA Test performed on samples collected with the EsoCheck Esophageal Cell collection device, a testing tool with the goal of preventing EAC deaths through early detection of esophageal precancer in at-risk GERD patients. The company was incorporated in 2018 and is based in New York, New York. Lucid Diagnostics Inc. operates as a subsidiary of PAVmed Inc.
Market Disruption | Lucid Diagnostics aims to revolutionize BE-EAC screening with EsoGuard/EsoCheck technology, targeting a $25 billion U.S. market opportunity |
Financial Crossroads | Despite 179% YoY revenue growth, LUCD faces challenges with cash burn and revised 2025 revenue projections, reflecting market uncertainties |
Reimbursement Hurdles | Progress in clinical validation studies bolsters reimbursement efforts, but pricing pressures could impact future revenue and market adoption |
Strategic Outlook | Analysts set price targets between $2.00 and $3.00, as LUCD navigates growth challenges and explores potential market expansion opportunities |
Metrics to compare | LUCD | Sector Sector - Average of metrics from a broad group of related Healthcare sector companies | Relationship RelationshipLUCDPeersSector | |
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P/E Ratio | −1.5x | −3.8x | −0.5x | |
PEG Ratio | −1.06 | −0.28 | 0.00 | |
Price/Book | −1.8x | 2.5x | 2.6x | |
Price / LTM Sales | 25.9x | 3.7x | 3.3x | |
Upside (Analyst Target) | 194.1% | 15.2% | 43.5% | |
Fair Value Upside | Unlock | 5.3% | 6.3% | Unlock |