Caredx Inc [CDNA] stock prices are up 2.97% to $19.41 at the moment. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The CDNA shares have gain 8.98% over the last week, with a monthly amount glided 33.68%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Previously, Wells Fargo upgraded its rating to Equal Weight on January 15, 2025, and dropped its price target to $24. On August 28, 2024, Wells Fargo initiated with a Underweight rating and assigned a price target of $28 on the stock. BTIG Research upgraded its rating to a Buy but stick to its price target of $40 on August 19, 2024. Raymond James downgraded its rating to a Mkt Perform. Craig Hallum upgraded its rating to Buy for this stock on May 01, 2024, but kept the price target unchanged to $15. In a note dated November 09, 2023, Stephens upgraded an Overweight rating on this stock but restated the target price of $10.
The stock price of Caredx Inc [CDNA] has been fluctuating between $10.96 and $26.37 over the past year. Currently, Wall Street analysts expect the stock to reach $28.8 within the next 12 months. Caredx Inc [NASDAQ: CDNA] shares were valued at $19.41 at the most recent close of the market. An investor can expect a potential return of 48.38% based on the average CDNA price forecast.
Analyzing the CDNA fundamentals
The Caredx Inc [NASDAQ:CDNA] reported sales of 358.00M for trailing twelve months, representing a surge of 20.72%. Gross Profit Margin for this corporation currently stands at 0.48% with Operating Profit Margin at 0.14%, Pretax Profit Margin comes in at 0.17%, and Net Profit Margin reading is 0.17%. To continue investigating profitability, this company’s Return on Assets is posted at 0.14, Equity is 0.17 and Total Capital is 0.15. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.07.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 18.76 points at the first support level, and at 18.11 for the second support level. However, for the 1st resistance point, the stock is sitting at 19.93, and for the 2nd resistance point, it is at 20.45.
Ratios To Look Out For
It’s worth pointing out that Caredx Inc [NASDAQ:CDNA]’s Current Ratio is 3.03. Further, the Quick Ratio stands at 2.75, while the Cash Ratio is 0.92. Considering the valuation of this stock, the price to sales ratio is 2.79, the price to book ratio is 3.21 and price to earnings (TTM) ratio is 16.28.
Transactions by insiders
Recent insider trading involved JEFFREY NOVACK, Officer, that happened on Dec 04 ’25 when 7293.0 shares were purchased. Secretary and General Counsel, Novack Jeffrey Adam completed a deal on Nov 07 ’25 to sell 2688.0 shares. Meanwhile, Officer Jeffrey Adam Novack bought 2688.0 shares on Nov 07 ’25.
