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CareDx, Inc.

CDNAHealthcareNASDAQ

Diagnostics & Research

PriceMA150MA200
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Financials · Annual
Revenue
$379.8M
+13.8% YoY
Net Income
-$21.4M
-140.6% YoY
EBITDA
-$4.7M
+87.0% YoY
Free Cash Flow
$70.1M

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About CareDx, Inc.

Headquartered within the healthcare sector, CareDx, Inc. focuses on Diagnostics & Research services and products. CareDx, Inc. provides solutions for improving outcomes for transplant patients and advancing organ health in the United States and internationally. With a market capitalization of $1.14B, it sits in small-cap territory. The company provides AlloSure Kidney, a donor-derived cell-free DNA (dd-cfDNA) solution for kidney transplant patients; AlloMap Heart, a gene expression profiling solution for heart transplant patients; AlloSure Heart, a dd-cfDNA solution for heart transplant patients; and AlloSure Lung, a dd-cfDNA solution for lung transplant patients.

Key stats
Market Cap$1.14B
Fwd P/E19.46
EPS$-0.16
Beta2.49
52W Change+14.3%
ROE-2.4%
Analysis

The balance sheet looks solid with $187.2M in cash comfortably exceeding the $24.5M debt load. A net cash position generally provides financial flexibility during uncertain economic periods. The company generates $70.1M in free cash flow annually, which funds everything from R&D to shareholder returns without needing external financing. Return on equity stands at -2.4%, which is negative for the sector. ROE measures how effectively a company uses shareholder capital to generate profits. Revenue has been uneven over recent years, ranging from $321.8M to $379.8M.

CareDx, Inc.'s elevated beta suggests the stock experiences more pronounced price movements than the overall market, which increases both upside potential and downside risk. The strong cash position relative to debt provides a financial cushion that reduces balance sheet risk. Understanding these risk dimensions helps frame what to watch going forward as conditions evolve for CareDx, Inc. and its sector.

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