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10x Genomics, Inc.NasdaqGS:TXG Stock Report

Market Cap US$2.7b
Share Price
US$21.20
US$20.14
5.2% overvalued intrinsic discount
1Y137.4%
7D3.4%
Portfolio Value
View

10x Genomics, Inc.

NasdaqGS:TXG Stock Report

Market Cap: US$2.7b

10x Genomics (TXG) Stock Overview

Develops and sells instruments, consumables, and software for analyzing biological systems in the United States, rest of the Americas, Europe, the Middle East, Africa, China, and the rest of the Asia Pacific. More details

TXG fundamental analysis
Snowflake Score
Valuation4/6
Future Growth0/6
Past Performance0/6
Financial Health6/6
Dividends0/6

TXG Community Fair Values

Create Narrative

See what 26 others think this stock is worth. Follow their fair value or set your own to get alerts.

10x Genomics, Inc. Competitors

Price History & Performance

Summary of share price highs, lows and changes for 10x Genomics
Historical stock prices
Current Share PriceUS$21.20
52 Week HighUS$26.45
52 Week LowUS$8.07
Beta2.05
1 Month Change-18.71%
3 Month Change13.86%
1 Year Change137.40%
3 Year Change-62.87%
5 Year Change-87.24%
Change since IPO-59.81%

Recent News & Updates

Analysis Article May 13

Analysts Are Updating Their 10x Genomics, Inc. (NASDAQ:TXG) Estimates After Its First-Quarter Results

10x Genomics, Inc. ( NASDAQ:TXG ) just released its latest quarterly results and things are looking bullish. Revenues...
Narrative Update May 12

TXG: 2026 Academic Demand Weakness Will Challenge Elevated Expectations

Analysts have raised 10x Genomics' consolidated price target by several dollars into the mid $20s, citing improving expectations for revenue growth, modestly higher profit margins, and recent research that points to steady new product adoption and a more favorable competitive environment. Analyst Commentary Recent Street research on 10x Genomics has largely centered on a series of price target revisions tied to product adoption trends, funding visibility and the mix between instruments and consumables.

Recent updates

Analysis Article May 13

Analysts Are Updating Their 10x Genomics, Inc. (NASDAQ:TXG) Estimates After Its First-Quarter Results

10x Genomics, Inc. ( NASDAQ:TXG ) just released its latest quarterly results and things are looking bullish. Revenues...
Narrative Update May 12

TXG: 2026 Academic Demand Weakness Will Challenge Elevated Expectations

Analysts have raised 10x Genomics' consolidated price target by several dollars into the mid $20s, citing improving expectations for revenue growth, modestly higher profit margins, and recent research that points to steady new product adoption and a more favorable competitive environment. Analyst Commentary Recent Street research on 10x Genomics has largely centered on a series of price target revisions tied to product adoption trends, funding visibility and the mix between instruments and consumables.
Narrative Update Apr 21

TXG: Spatial Consumables Strength Will Offset Instrument Softness In 2026

The analyst price target for 10x Genomics has shifted from about $24 to $32, with analysts pointing to recent target hikes across multiple firms that reflect updated views on product adoption, competitive positioning in single cell, and mixed trends across instrument and consumables demand. Analyst Commentary Recent research shows a cluster of bullish analysts increasing their price targets on 10x Genomics, as well as at least one upgrade, pointing to a more constructive stance on the story.
Narrative Update Apr 06

TXG: Spatial Consumables And New Product Uptake Will Shape 2026 Outlook

Analysts have raised their average price target on 10x Genomics from about $18 to roughly $24, citing solid new product adoption, a favorable competitive setup in single cell, and expectations that pressure in instruments and single cell consumables could be partly offset by growth in spatial consumables. Analyst Commentary Recent research updates show a cluster of bullish analysts lifting price targets on 10x Genomics, with new targets cited at about $18, $20 and $25.
Seeking Alpha Mar 24

10x Genomics: Undervalued Amid Consumables-Led Transition

Summary 10x Genomics is undervalued, with a BUY rating and 18% upside to a $20.47 target, driven by robust consumables growth. Consumables, comprising 83% of revenue, continue double-digit growth, offsetting post-COVID instrument sales normalization and supporting recurring revenue expansion. TXG maintains a dominant 34% market share in single-cell biology, reinforced by increasing academic mindshare and strategic partnerships to drive future penetration. Operational efficiency initiatives, including OpEx cuts and consumable price reductions, position TXG to weather funding headwinds and margin pressures as the market stabilizes. Read the full article on Seeking Alpha
Narrative Update Mar 23

TXG: New Product Uptake And Funding Uncertainty Will Shape 2026 Setup

Analysts have nudged the blended price target for 10x Genomics higher, with recent moves such as Stifel lifting its target to $25 from $20 and UBS taking its target to $20 from $14, citing solid new product adoption, a favorable single cell competitive setup, and mixed but evolving trends in academic funding, instruments, and consumables. Analyst Commentary Recent research points to a more balanced view on 10x Genomics, with higher price targets reflecting confidence in certain growth drivers alongside caution around funding visibility and product mix.
Narrative Update Mar 07

TXG: 2026 Academic Weakness And Pricing Pressure Will Test Elevated Expectations

Analysts have inched up their price targets on 10x Genomics, with moves such as $14 to $20 at UBS, $15 to $18 at TD Cowen and $20 to $25 at Stifel. These changes reflect a mix of confidence in new product adoption, a favorable single cell competitive setup, and expectations that spatial consumables can help offset pressure in single cell consumables and softer academic instrument demand.
Narrative Update Feb 21

TXG: 2026 Academic Demand And Pricing Pressures Will Challenge Rich Sentiment

The analyst price target for 10x Genomics has increased from $14 to $17, as analysts factor in updated assumptions for faster revenue growth, slightly higher margins, and a higher future P/E multiple, despite ongoing caution around academic demand and single cell consumables. Analyst Commentary Recent street research on 10x Genomics points to a mixed setup, with price target changes reflecting both interest in the story and clear caution around execution, product mix, and end market trends.
Narrative Update Feb 07

TXG: Higher Q4 Bar And Soft 2026 Setup May Cap Upside

Analysts have nudged their price target on 10x Genomics up to $18 from $15, citing updated assumptions on discount rate, revenue growth, profit margin and future P/E that they view as better aligned with their latest outlook on the life science tools space. Analyst Commentary Recent research points to a more balanced stance on 10x Genomics, with the higher price target reflecting updated assumptions on discount rate, revenue growth, profit margin and future P/E while the rating remains neutral.
Analysis Article Jan 24

10x Genomics, Inc. (NASDAQ:TXG) Stock Rockets 34% As Investors Are Less Pessimistic Than Expected

Despite an already strong run, 10x Genomics, Inc. ( NASDAQ:TXG ) shares have been powering on, with a gain of 34% in...
Narrative Update Jan 23

TXG: ARK Buying And Soft 2026 Outlook Will Restrain Upside Potential

Analysts have nudged their 10x Genomics price target higher to about $18, up from around $17.36. This reflects slightly updated fair value, discount rate, revenue growth, profit margin, and future P/E assumptions, alongside recent Street research that includes an $18 target and continued institutional interest.
Narrative Update Jan 08

TXG: Q4 Guidance And 2026 Outlook Will Likely Pressure Rich Sentiment

Analysts have raised their fair value estimate for 10x Genomics from US$9.00 to US$14.00, citing higher assumed revenue growth, a richer future P/E multiple, and recent Street research that highlights an increased price target in the life science tools space. Analyst Commentary Recent research in the life science tools space has highlighted a cautious tone around near term expectations for 10x Genomics, even as some price targets have been adjusted.
Narrative Update Dec 25

TXG: ARK Buying And Platform Advances Will Shape Future Risk Reward Balance

Analysts have raised their price target on 10x Genomics by about 5 percent to reflect a modestly higher fair value estimate of approximately 17.36 dollars per share. This change is supported by slightly improved long term margin expectations and renewed institutional buying interest highlighted by recent ARK Investment purchases.
Narrative Update Dec 11

TXG: ARK Buying And Product Advances Will Shape Balanced Risk Reward Outlook

Analysts have nudged their price target for 10x Genomics slightly higher, from approximately 16.36 dollars to 16.57 dollars, citing incremental improvements in long term growth assumptions and renewed institutional interest following sizable recent share purchases. Analyst Commentary Analyst reaction to the latest moves in 10x Genomics stock has been mixed, with many highlighting both the opportunities created by recent institutional buying and the ongoing execution risks that could affect the company’s valuation trajectory.
Narrative Update Nov 27

TXG: ARK Share Purchase Will Not Offset Persistent Market Pressure

Analysts have modestly raised their fair value estimate for 10x Genomics from $15.86 to $16.36 per share. This change reflects expectations of improved revenue growth, a resilient market position, and support from recent institutional investment activity, despite ongoing macroeconomic headwinds.
Analysis Article Nov 14

There's Reason For Concern Over 10x Genomics, Inc.'s (NASDAQ:TXG) Massive 42% Price Jump

10x Genomics, Inc. ( NASDAQ:TXG ) shareholders would be excited to see that the share price has had a great month...
Narrative Update Nov 09

TXG: Institutional Interest And New Assay Expected To Influence Future Performance

Analysts have increased their price target for 10x Genomics from $15.08 to $15.86 per share. They cite improvements in revenue growth and profit margin as key factors behind the upward revision.
Narrative Update Aug 08

Advanced Genomics Tools Will Shape Future Precision Medicine

Despite a decline in consensus revenue growth forecasts, a rising future P/E suggests increased optimism for profitability or valuation, leading to a higher analyst price target for 10x Genomics. What's in the News 10x Genomics guided Q3 2025 revenue to $140–$144 million, noting an impact from $4.0 million in China customer purchases pulled forward due to anticipated tariff changes.
Analysis Article Jun 20

Revenues Not Telling The Story For 10x Genomics, Inc. (NASDAQ:TXG) After Shares Rise 31%

10x Genomics, Inc. ( NASDAQ:TXG ) shares have had a really impressive month, gaining 31% after a shaky period...
Analysis Article May 27

Shareholders May Be Wary Of Increasing 10x Genomics, Inc.'s (NASDAQ:TXG) CEO Compensation Package

Key Insights 10x Genomics' Annual General Meeting to take place on 3rd of June CEO Serge Saxonov's total compensation...
Analysis Article May 14

Earnings Release: Here's Why Analysts Cut Their 10x Genomics, Inc. (NASDAQ:TXG) Price Target To US$12.96

10x Genomics, Inc. ( NASDAQ:TXG ) just released its first-quarter report and things are looking bullish. 10x Genomics...
Analysis Article Apr 11

Positive Sentiment Still Eludes 10x Genomics, Inc. (NASDAQ:TXG) Following 29% Share Price Slump

Unfortunately for some shareholders, the 10x Genomics, Inc. ( NASDAQ:TXG ) share price has dived 29% in the last thirty...
Analysis Article Mar 26

We Think 10x Genomics (NASDAQ:TXG) Can Easily Afford To Drive Business Growth

Even when a business is losing money, it's possible for shareholders to make money if they buy a good business at the...
User avatar
New Narrative Mar 23

Chan Zuckerberg Initiative Partnership Will Drive Future Demand

Strategic introduction of lower-priced products and sales reorganization are poised to drive volume growth and enhance market share in biopharma and academia.
Analysis Article Feb 21

10x Genomics, Inc. (NASDAQ:TXG) Stock's 28% Dive Might Signal An Opportunity But It Requires Some Scrutiny

10x Genomics, Inc. ( NASDAQ:TXG ) shares have had a horrible month, losing 28% after a relatively good period...
Seeking Alpha Jan 06

10x Genomics: Struggling Amid Operational Challenges

Summary 10x Genomics excels in single-cell and spatial technologies but faces significant challenges. Despite an EPS beat, revenue fell 1% due to sales disruption and competitive pricing. The company's high price/cashflow ratio and declining share price raise concerns. Management's strategic investments in R&D and market expansion are promising, but operational inefficiencies and competition warrant a Sell rating for now. Read the full article on Seeking Alpha
Analysis Article Nov 01

Earnings Update: 10x Genomics, Inc. (NASDAQ:TXG) Just Reported And Analysts Are Trimming Their Forecasts

Investors in 10x Genomics, Inc. ( NASDAQ:TXG ) had a good week, as its shares rose 3.5% to close at US$16.03 following...
Seeking Alpha Oct 12

10x Genomics: Deciphering The Preliminary Q3 Earnings

Summary 10x Genomics has faced significant revenue declines and operational challenges, with Q3 revenue missing expectations and instrument sales dropping 46% year-over-year. Despite the setbacks, consumables and services revenue showed growth, indicating customer retention and continued use of 10x's platforms. The company is undergoing commercial process adjustments and remains confident in its long-term growth prospects, despite current economic pressures and competition. I remain cautious about initiating a TXG position immediately but see potential buying opportunities if the stock shows signs of recovery and stability. Read the full article on Seeking Alpha
Analysis Article Oct 11

The Price Is Right For 10x Genomics, Inc. (NASDAQ:TXG) Even After Diving 28%

10x Genomics, Inc. ( NASDAQ:TXG ) shareholders won't be pleased to see that the share price has had a very rough month...
Seeking Alpha Oct 03

10x Genomics Is Still A Long Way From Profitability

Summary 10x Genomics has impressive financials but isn't expected to be profitable until at least 2028, posing significant investment risks. The company's growth heavily relies on its Chromium platform, with future growth dependent on the acceptance of its newer platforms, Xenium and Visium. Despite revenue growth, declining gross margins and increasing operating losses raise concerns about the company's ability to reach profitability without incurring debt or diluting shares. Given the long timeline to profitability and potential financial challenges, I recommend selling TXG and caution current investors to monitor gross margins closely. Read the full article on Seeking Alpha
Analysis Article Sep 09

We're Interested To See How 10x Genomics (NASDAQ:TXG) Uses Its Cash Hoard To Grow

Even when a business is losing money, it's possible for shareholders to make money if they buy a good business at the...
Analysis Article Aug 10

Investors Still Aren't Entirely Convinced By 10x Genomics, Inc.'s (NASDAQ:TXG) Revenues Despite 30% Price Jump

Those holding 10x Genomics, Inc. ( NASDAQ:TXG ) shares would be relieved that the share price has rebounded 30% in the...

Shareholder Returns

TXGUS Life SciencesUS Market
7D3.4%-3.7%-0.3%
1Y137.4%-1.2%24.1%

Return vs Industry: TXG exceeded the US Life Sciences industry which returned -1.2% over the past year.

Return vs Market: TXG exceeded the US Market which returned 24.1% over the past year.

Price Volatility

Is TXG's price volatile compared to industry and market?
TXG volatility
TXG Average Weekly Movement9.6%
Life Sciences Industry Average Movement8.2%
Market Average Movement7.2%
10% most volatile stocks in US Market16.2%
10% least volatile stocks in US Market3.2%

Stable Share Price: TXG has not had significant price volatility in the past 3 months compared to the US market.

Volatility Over Time: TXG's weekly volatility (10%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
20121,178Serge Saxonovwww.10xgenomics.com

10x Genomics, Inc. develops and sells instruments, consumables, and software for analyzing biological systems in the United States, rest of the Americas, Europe, the Middle East, Africa, China, and the rest of the Asia Pacific. The company offers Chromium platform, a single cell portfolio that enables analysis of individual biological components, as well as includes microfluidic chips and related consumables, Chromium X Series, and Chromium instruments; and QuantumScale single cell RNA and single cell methylation kits. It also provides Visium platform, a spatial analysis platform that uses high density DNA arrays to encode the physical location of biological analytes within a sample.

10x Genomics, Inc. Fundamentals Summary

How do 10x Genomics's earnings and revenue compare to its market cap?
TXG fundamental statistics
Market capUS$2.69b
Earnings (TTM)-US$22.66m
Revenue (TTM)US$638.78m
4.2x
P/S Ratio
-118.8x
P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
TXG income statement (TTM)
RevenueUS$638.78m
Cost of RevenueUS$193.67m
Gross ProfitUS$445.11m
Other ExpensesUS$467.77m
Earnings-US$22.66m

Last Reported Earnings

Mar 31, 2026

Next Earnings Date

n/a

Earnings per share (EPS)-0.18
Gross Margin69.68%
Net Profit Margin-3.55%
Debt/Equity Ratio0%

How did TXG perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/05/18 15:54
End of Day Share Price 2026/05/15 00:00
Earnings2026/03/31
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

10x Genomics, Inc. is covered by 22 analysts. 15 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Luke SergottBarclays
Michael RyskinBofA Global Research
Kyle MiksonCanaccord Genuity