
🧬 GeneDx (WGS): Profit, Progress, and a 43% Plunge? Sounds Genetic.
Ticker: WGS, $59.00, –0.24% (as of May 12, 2025, 4:00 PM ET)
Trigger: Director Keith Meister bought 100,000 shares @ $56.01 = $5.6M bet. That’s some confident DNA. 🧬💸
🧪 What’s GeneDx Again?
Stamford-based GeneDx specializes in genetic testing for rare diseases and pediatric conditions—think exome and genome sequencing, not 23andMe quizzes that say you're 12% Viking.
💼 Wall Street Likes What It Sees
📈 Institutional ownership: 113.20% of the float
(Yes, that’s more than 100%. Shorts and synthetics are in the building.)
🧠 Top holders:
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Casdin Capital: 12.29%
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Corvex Management: 8.67%
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BlackRock, Vanguard, Goldman Sachs... you get the picture. Big money is in the lab coat.
- Check this out for more.
🧩 Jefferies just upgraded the stock to “Buy” with an $80 price target. Do they know something? Maybe. Or maybe they like genomes.
⚡ So Why Did the Stock Collapse 43%? (After Great News?!)
That’s the $5.6 million question. Here's what GeneDx just reported:
📊 Q1 2025 Highlights (aka "The Good Stuff")
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Revenue: $87.1M (+42% YoY)
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Exome/Genome Revenue: $71.4M (+62% YoY)
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Adjusted Net Income: $7.7M (That’s a profit!)
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Adjusted Gross Margin: 69% (was 61%)
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Exome/Genome Volume: 20,562 tests (+24%)
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GAAP Net Loss: $6.5M ( 🤷♂️)
Interested in investing in a leading-edge biotech?
Check this out.
🧬 Business Highlights (aka "The Cool Science Stuff")
🧠 Launched ultraRapid genome testing (results in 48 hours for NICU babies)
🧠 Added cerebral palsy and IEI (Inborn Errors of Immunity) as new testing indications
🧠 Rolled out Epic Aura to integrate testing into hospital systems
🧠 Expanded Medicaid coverage to 33 states for pediatric testing
🧠 Recognized by Fast Company as one of the world’s most innovative companies
So why the stock drop? 🤷♀️
Apparently, being profitable (but not quite on a GAAP basis!), innovative, and expanding isn’t good enough for some hedge funds and other investors.
(Also, a 14.28% short interest might explain a few things.)
💡 Full-Year 2025 Guidance (Post-Fabric Genomics Deal)
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Revenue: $360M–$375M (raised!)
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Exome/genome growth: 30%+ (confirmed)
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Margins: 66%–68%
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Profitability: expected every quarter
They’re even acquiring Fabric Genomics, a move meant to expand decentralized testing (read: high-risk, maybe genius, maybe just expensive).
🧠 Translation: This Is a Smart, Small-Cap Rollercoaster
💉 The science is promising
💵 The revenue is growing
📉 The stock is moody
🧬 The future? Still being sequenced
🧪 Verdict:
GeneDx could be a genomic juggernaut in the making—or just another volatile biotech name that confuses your portfolio as much as your family tree.
Want in?
Start small. Dollar cost average.
Or better yet: risk someone else’s money. 🧃💼
⚠️ Disclaimer:
We know nothing. Genetic testing of our investing track record revealed quasi-ancestral anomalies, untraceable logic, and possible Viking heritage. 🛡️🪓⚔️ Invest accordingly. 😉
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