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GeneDx Holdings Corp stock has reached a significant milestone, hitting a 52-week high of 118.47 USD. With a market capitalization of $3.34 billion and a robust financial health score rated as "GOOD" by InvestingPro, the company has caught investors’ attention. This marks a notable achievement for the company, reflecting a robust performance over the past year. Over the last 12 months, GeneDx Holdings Corp has experienced an impressive 244.1% increase in its stock price, supported by strong revenue growth of 48.7%. While analyst targets range from $95 to $125, current trading levels suggest the stock may be overvalued. This surge highlights investor confidence and the company’s strong market position. The recent peak underscores the company’s growth trajectory and its ability to capitalize on market opportunities.
In other recent news, GeneDx Holdings Corp reported impressive financial results for the second quarter of 2025. The company significantly exceeded earnings and revenue forecasts, with earnings per share reaching $0.50, surpassing the anticipated $0.12. Revenue was reported at $102.7 million, which exceeded the forecasted $85.45 million by over 20%. Following these results, Piper Sandler reiterated its Overweight rating on GeneDx, highlighting the company’s multiyear growth potential and maintaining a price target of $120. BTIG also reacted positively to the strong quarterly performance by raising its price target from $100 to $125 while maintaining a Buy rating. The firm’s strong Q2 performance included surpassing top-line expectations by more than $17 million and bottom-line forecasts by $15 million. These developments reflect a robust financial position for GeneDx as noted by these analyst firms.
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