Caris Life Sciences, Inc.

NasdaqGS:CAI Stock Report

Market Cap: US$6.4b

Caris Life Sciences Past Earnings Performance

Past criteria checks 2/6

Caris Life Sciences has been growing earnings at an average annual rate of 7.5%, while the Biotechs industry saw earnings growing at 34.4% annually. Revenues have been growing at an average rate of 85.4% per year. Caris Life Sciences's return on equity is 17.8%, and it has net margins of 10.6%.

Key information

7.46%

Earnings growth rate

40.05%

EPS growth rate

Biotechs Industry Growth17.04%
Revenue growth rate85.37%
Return on equity17.77%
Net Margin10.62%
Last Earnings Update30 Jun 2026

Recent past performance updates

Recent updates

Seeking Alpha Aug 07

Caris Life Sciences: Guidance Raised, Valuation Still Attractive

Summary Caris Life Sciences delivered another strong quarter, raising full-year guidance and expanding margins while sustaining positive free cash flow. Accelerating clinical volume growth and the commercial launch of Caris Detect reinforce the durability and breadth of CAI's growth drivers. Valuation remains attractive and CAI trades at a discount to peers, with a fair value estimate of $30 per share by 2028. I reiterate my Buy rating, citing robust revenue growth, improving profitability, and long-term optionality despite rising expectations. Read the full article on Seeking Alpha
Narrative Update Jul 24

CAI: Early Detection Sequencing Platform Will Drive Future Upside Potential

Analysts have reduced their price target for Caris Life Sciences to $27.00 from $38.11, citing updated assumptions for lower revenue growth, narrower profit margins, and a slightly higher discount rate that together indicate a less optimistic P/E outlook. What's in the News for Caris Life Sciences Caris Life Sciences launched in-house PTEN immunohistochemistry testing to help identify patients with PTEN-deficient metastatic prostate cancer who may be eligible for a recently FDA approved biomarker guided therapy and companion diagnostic assay.
Narrative Update Jul 10

CAI: Early Cancer Detection Advances Will Support A Stronger Long-Term Outlook

The analyst price target for Caris Life Sciences has shifted from $45.00 to approximately $36.00 as analysts apply a slightly higher discount rate and more moderate assumptions for revenue growth, profit margin, and future P/E. What’s in the News for Caris Life Sciences Caris Life Sciences launched Caris Detect, a multi cancer early detection blood test that uses ultra deep Whole Genome and Whole Transcriptome sequencing with AI to analyze a wide range of molecular and biological cancer signals.
Narrative Update Jun 26

CAI: Strong Q1 Execution And Buyback Will Support Future Upside

Analysts have revised their price target on Caris Life Sciences to $21.00 from $26.23, citing updated assumptions that combine lower projected revenue growth with slightly higher expected profit margins and a reduced future P/E multiple. What’s in the News for Caris Life Sciences Caris Life Sciences reported Q1 2026 results with revenue rising 79%, molecular profiling revenue rising 85%, gross margin expansion, and positive Adjusted EBITDA and free cash flow, as the company positions itself as an AI-enabled precision oncology and molecular diagnostics platform (source: recent earnings coverage).
New Narrative Feb 18

Whole Genome Push Will Strain Margins Yet Could Eventually Support A Stronger Future

Catalysts About Caris Life Sciences Caris Life Sciences provides comprehensive molecular profiling and data-driven precision medicine solutions across tissue and blood for oncology and related applications. What are the underlying business or industry changes driving this perspective?
Analysis Article Feb 05

Caris Life Sciences, Inc.'s (NASDAQ:CAI) Shares May Have Run Too Fast Too Soon

There wouldn't be many who think Caris Life Sciences, Inc.'s ( NASDAQ:CAI ) price-to-sales (or "P/S") ratio of 9.5x is...

Revenue & Expenses Breakdown

How Caris Life Sciences makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

NasdaqGS:CAI Revenue, expenses and earnings (USD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Jun 26990105423115
31 Mar 26907-411409108
31 Dec 25812-538396100
30 Sep 25649-68237794
30 Jun 25534-799361100
31 Mar 25452-371334100
31 Dec 24412-378326112
31 Dec 23306-463296115
31 Dec 22258-400295101

Quality Earnings: CAI has a large one-off loss of $27.2M impacting its last 12 months of financial results to 30th June, 2026.

Growing Profit Margin: CAI became profitable in the past.


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: CAI has become profitable over the past 5 years, growing earnings by 7.5% per year.

Accelerating Growth: CAI has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: CAI has become profitable in the last year, making it difficult to compare its past year earnings growth to the Biotechs industry (67.9%).


Return on Equity

High ROE: CAI's Return on Equity (17.8%) is considered low.


Return on Assets


Return on Capital Employed


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/08/09 20:14
End of Day Share Price 2026/08/07 00:00
Earnings2026/06/30
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

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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

Caris Life Sciences, Inc. is covered by 18 analysts. 13 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Robert BambergerBaird
Catherine Ramsey SchulteBaird
Michael RyskinBofA Global Research