CDNA Chart
About

CareDx, Inc. engages in the discovery, development, and commercialization of diagnostic solutions for transplant patients and caregivers in the United States and internationally. It provides AlloSure Kidney, a donor-derived cell-free DNA (dd-cfDNA) solution for kidney transplant patients; AlloMap Heart, a gene expression 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. The company offers Olerup SSP, which is used to type human leukocyte antigen (HLA) alleles based on sequence specific primer technology; QTYPE that enables precision in HLA typing; and Ottr, a transplant patient management software. In addition, it provides AlloSeq Tx, a high-resolution HLA typing solution; AlloSeq cfDNA, a surveillance solution to measure dd-cfDNA in blood; AlloSeq HCT, a solution for chimerism testing for stem cell transplant recipients; Allocell, a surveillance solution that monitors the level of engraftment and persistence of allogeneic cells for patients who have received cell therapy transplants; and XynQAPI, a transplant quality tracking software, as well as AlloCare, a mobile app that offers a patient-centric resource for transplant recipients. The company offers its products directly to customers, as well as through third-party distributors and sub-distributors. It has a license agreement with Illumina, Inc. for the distribution, development, and commercialization of NGS products and technologies; and Cibiltech SAS to commercialize iBox, a software for the predictive analysis of post-transplantation kidney allograft loss. The company was formerly known as XDx, Inc. and changed its name to CareDx, Inc. in March 2014. The company was incorporated in 1998 and is headquartered in Brisbane, California.

Fundamentals
Scroll to Statements
Sector Healthcare Industry Diagnostics & Research Market Cap 982.57M
Enterprise Value 823.51M Income 70.45M Sales 358.00M
Book/sh 6.05 Cash/sh 3.78 Dividend Yield —
Payout 0.00% Employees 644 IPO —
P/E 14.42 Forward P/E 16.41 PEG —
P/S 2.74 P/B 3.05 P/C —
EV/EBITDA -56.13 EV/Sales 2.30 Quick Ratio 2.44
Current Ratio 3.03 Debt/Eq 8.88 LT Debt/Eq —
EPS (ttm) 1.28 EPS next Y 1.12 EPS Growth —
Revenue Growth 20.70% Earnings 2026-04-29 ROA -4.01%
ROE 24.11% ROIC — Gross Margin 67.64%
Oper. Margin -0.25% Profit Margin 19.68% Shs Outstand 51.43M
Shs Float 49.93M Short Float 11.46% Short Ratio 7.76
Short Interest — 52W High 22.95 52W Low 10.96
Beta 2.51 Avg Volume 726.65K Volume 1.44M
Target Price $23.33 Recom Buy Prev Close $19.25
Price $18.46 Change -4.10%
Valuation Models

Price estimates from analyst targets and simple models.

1. Analyst consensus
$23.33
Mean price target
2. Current target
$18.46
Latest analyst target
3. DCF / Fair value
$15.13
Simplified: (Free Cash Flow ÷ Shares) × 18 (P/FCF multiple). Not a …
Ratings
Current target
$18.46
Low
$18.00
High
$28.00
Mean
$23.33

Latest analyst rating changes

Date Action Analyst Rating Change Price Target
2026-02-25 main Wells Fargo Equal-Weight → Equal-Weight $21
2025-12-15 main Wells Fargo Equal-Weight → Equal-Weight $18
2025-11-06 main BTIG Buy → Buy $25
2025-09-23 reit BTIG Buy → Buy $22
2025-09-12 reit BTIG Buy → Buy $22
2025-08-26 init William Blair — → Market Perform —
2025-08-08 main Wells Fargo Equal-Weight → Equal-Weight $14
2025-07-18 main Craig-Hallum Buy → Buy $26
2025-05-05 reit Stephens & Co. Overweight → Overweight $40
2025-05-05 reit HC Wainwright & Co. Neutral → Neutral $25
2025-04-17 main Goldman Sachs Buy → Buy $26
2025-03-03 main HC Wainwright & Co. Neutral → Neutral $25
2025-02-27 reit Stephens & Co. Overweight → Overweight $40
2025-01-15 up Wells Fargo Underweight → Equal-Weight $24
2025-01-14 reit HC Wainwright & Co. Neutral → Neutral $26
2024-11-05 main BTIG Buy → Buy $35
2024-10-22 reit HC Wainwright & Co. — → Neutral —
2024-10-16 main Goldman Sachs Buy → Buy $35
2024-08-27 init Wells Fargo — → Underweight $28
2024-08-19 up BTIG Neutral → Buy $40
Insider Transactions
Date Shares Value Url Text Insider Position Transaction Start Date Ownership
0 4441 91286 — Sale at price 20.56 per share. NOVACK JEFFREY ADAM General Counsel — 2026-02-03 00:00:00 D
1 200132 — — Stock Award(Grant) at price 0.00 per share. HANNA JOHN WALTER JR Chief Executive Officer — 2026-02-02 00:00:00 D
2 37342 — — Stock Award(Grant) at price 0.00 per share. NOVACK JEFFREY ADAM General Counsel — 2026-02-02 00:00:00 D
3 71579 — — Stock Award(Grant) at price 0.00 per share. MENG JESSICA Officer — 2026-02-02 00:00:00 D
4 40875 — — Stock Award(Grant) at price 0.00 per share. SMITH NATHAN Chief Financial Officer — 2026-02-02 00:00:00 D
5 74474 — — Stock Award(Grant) at price 0.00 per share. KENNEDY KEITH S Chief Operating Officer — 2026-02-02 00:00:00 D
6 19480 412223 — Sale at price 21.00 - 21.16 per share. HANNA JOHN WALTER JR Chief Executive Officer — 2026-01-22 00:00:00 D
7 10156 213804 — Sale at price 21.05 per share. HANNA JOHN WALTER JR Chief Executive Officer — 2026-01-15 00:00:00 D
8 1492 — — Stock Award(Grant) at price 0.00 per share. GOLDBERG MICHAEL D Director — 2026-01-06 00:00:00 D
9 7293 139804 — Sale at price 19.15 - 19.75 per share. NOVACK JEFFREY ADAM General Counsel — 2025-12-04 00:00:00 D
Financials
Line Item2024-12-312023-12-312022-12-312021-12-31
TaxEffectOfUnusualItems567.10K-20.71M22.47K4.66K
TaxRateForCalcs0.010.210.210.04
NormalizedEBITDA-128.51M13.69M-61.33M-17.95M
TotalUnusualItems94.52M-98.61M107.00K106.00K
TotalUnusualItemsExcludingGoodwill94.52M-98.61M107.00K106.00K
NetIncomeFromContinuingOperationNetMinorityInterest52.55M-190.28M-76.61M-30.66M
ReconciledDepreciation19.76M19.82M16.01M11.88M
ReconciledCostOfRevenue109.63M102.00M112.21M97.39M
EBITDA-33.99M-84.92M-61.22M-17.84M
EBIT-53.75M-104.74M-77.23M-29.73M
NetInterestIncome11.77M11.87M3.76M160.00K
InterestIncome11.77M11.87M3.76M160.00K
NormalizedIncome-41.40M-112.38M-76.70M-30.76M
NetIncomeFromContinuingAndDiscontinuedOperation52.55M-190.28M-76.61M-30.66M
TotalExpenses387.54M385.07M399.02M326.12M
TotalOperatingIncomeAsReported40.77M-203.36M-77.23M-29.73M
DilutedAverageShares56.62M53.76M53.32M52.24M
BasicAverageShares52.77M53.76M53.32M52.24M
DilutedEPS0.93-3.54-1.44-0.59
BasicEPS1.00-3.54-1.44-0.59
DilutedNIAvailtoComStockholders52.55M-190.28M-76.61M-30.66M
NetIncomeCommonStockholders52.55M-190.28M-76.61M-30.66M
NetIncome52.55M-190.28M-76.61M-30.66M
NetIncomeIncludingNoncontrollingInterests52.55M-190.28M-76.61M-30.66M
NetIncomeContinuousOperations52.55M-190.28M-76.61M-30.66M
TaxProvision310.00K141.00K379.00K-1.43M
PretaxIncome52.86M-190.14M-76.23M-32.09M
OtherIncomeExpense94.85M-97.27M-2.77M-2.52M
OtherNonOperatingIncomeExpenses329.00K1.34M-2.87M-2.63M
SpecialIncomeCharges94.52M-98.62M0.000.00
OtherSpecialCharges-96.30M96.30M
RestructuringAndMergernAcquisition1.78M2.32M0.000.00
GainOnSaleOfSecurity10.00K107.00K106.00K
NetNonOperatingInterestIncomeExpense11.77M11.87M3.76M160.00K
InterestIncomeNonOperating11.77M11.87M3.76M160.00K
OperatingIncome-53.75M-104.74M-77.23M-29.73M
OperatingExpense277.91M283.07M286.81M228.73M
ResearchAndDevelopment72.41M81.87M90.39M76.53M
SellingGeneralAndAdministration205.50M201.20M196.42M152.21M
SellingAndMarketingExpense81.72M83.33M96.03M77.25M
GeneralAndAdministrativeExpense123.78M117.87M100.40M74.96M
OtherGandA123.78M117.87M100.40M74.96M
GrossProfit224.16M178.32M209.58M199.01M
CostOfRevenue109.63M102.00M112.21M97.39M
TotalRevenue333.79M280.32M321.79M296.40M
OperatingRevenue333.79M280.32M321.79M296.40M
Line Item2024-12-312023-12-312022-12-312021-12-31
OrdinarySharesNumber54.77M51.50M53.53M52.92M
ShareIssued54.77M51.50M53.53M52.92M
TotalDebt28.37M34.22M39.00M21.35M
TangibleBookValue299.91M175.29M350.34M378.70M
InvestedCapital378.43M261.33M430.91M465.88M
WorkingCapital262.46M235.64M311.87M356.06M
NetTangibleAssets299.91M175.29M350.34M378.70M
CapitalLeaseObligations28.37M34.22M39.00M21.35M
CommonStockEquity378.43M261.33M430.91M465.88M
TotalCapitalization378.43M261.33M430.91M465.88M
TotalEquityGrossMinorityInterest378.43M261.33M430.91M465.88M
StockholdersEquity378.43M261.33M430.91M465.88M
GainsLossesNotAffectingRetainedEarnings-8.57M-6.96M-7.50M-4.67M
OtherEquityAdjustments-8.57M-6.96M-7.50M-4.67M
RetainedEarnings-626.24M-678.27M-460.44M-383.19M
AdditionalPaidInCapital1.01B946.51M898.81M853.68M
CapitalStock51.00K49.00K52.00K52.00K
CommonStock51.00K49.00K52.00K52.00K
PreferredStock0.000.000.000.00
TotalLiabilitiesNetMinorityInterest112.62M205.50M112.08M100.75M
TotalNonCurrentLiabilitiesNetMinorityInterest23.25M127.43M36.10M23.44M
OtherNonCurrentLiabilities819.00K99.01M249.00K455.00K
DerivativeProductLiabilities0.0032.00K139.00K
NonCurrentDeferredLiabilities164.00K136.00K2.42M5.46M
NonCurrentDeferredTaxesLiabilities164.00K136.00K0.00415.00K
LongTermDebtAndCapitalLeaseObligation22.26M28.28M33.41M17.39M
LongTermCapitalLeaseObligation22.26M28.28M33.41M17.39M
CurrentLiabilities89.37M78.07M75.97M77.30M
OtherCurrentLiabilities2.54M5.62M2.34M4.73M
CurrentDeferredLiabilities5.10M5.67M7.40M6.21M
CurrentDeferredRevenue4.85M4.75M5.34M4.21M
CurrentDebtAndCapitalLeaseObligation6.10M5.94M5.59M3.96M
CurrentCapitalLeaseObligation6.10M5.94M5.59M3.96M
PensionandOtherPostRetirementBenefitPlansCurrent38.33M19.70M16.90M26.04M
PayablesAndAccruedExpenses37.30M41.14M43.74M36.37M
CurrentAccruedExpenses29.61M28.27M33.80M23.03M
Payables7.69M12.87M9.94M13.34M
AccountsPayable7.69M12.87M9.94M13.34M
TotalAssets491.05M466.83M542.99M566.62M
TotalNonCurrentAssets139.22M153.11M155.14M133.26M
OtherNonCurrentAssets2.81M1.94M4.35M6.05M
GoodwillAndOtherIntangibleAssets78.52M86.04M80.57M87.18M
OtherIntangibleAssets38.18M45.70M43.05M50.20M
Goodwill40.34M40.34M37.52M36.98M
NetPPE57.89M65.14M70.22M40.04M
AccumulatedDepreciation-36.94M-32.26M-24.42M-19.58M
GrossPPE94.83M97.40M94.64M59.62M
Leases18.11M18.26M17.39M8.47M
ConstructionInProgress11.94M8.31M7.64M10.93M
OtherProperties24.34M29.89M34.69M17.99M
MachineryFurnitureEquipment40.45M40.94M34.92M22.23M
Properties0.000.000.000.00
CurrentAssets351.83M313.71M387.85M433.36M
OtherCurrentAssets7.07M7.76M9.22M7.93M
PrepaidAssets7.93M
Inventory19.50M19.47M19.23M17.19M
FinishedGoods4.82M3.66M2.96M3.91M
WorkInProcess3.79M5.19M4.31M2.83M
RawMaterials10.89M10.62M11.96M10.45M
Receivables64.61M51.06M66.31M59.76M
AccountsReceivable64.61M51.06M66.31M59.76M
CashCashEquivalentsAndShortTermInvestments260.65M235.42M293.09M348.49M
OtherShortTermInvestments145.96M153.22M203.17M0.00
CashAndCashEquivalents114.69M82.20M89.92M348.49M
Line Item2024-12-312023-12-312022-12-312021-12-31
FreeCashFlow31.56M-27.63M-49.57M-39.55M
RepurchaseOfCapitalStock-522.00K-27.54M-642.00K0.00
RepaymentOfDebt0.000.00-66.00K
IssuanceOfCapitalStock0.000.00188.85M
CapitalExpenditure-6.48M-9.24M-24.33M-20.26M
InterestPaidSupplementalData0.000.008.00K1.00K
IncomeTaxPaidSupplementalData317.00K738.00K392.00K14.00K
EndCashPosition115.27M82.78M90.44M348.70M
BeginningCashPosition82.78M90.44M348.70M134.94M
EffectOfExchangeRateChanges532.00K-112.00K23.00K-303.00K
ChangesInCash31.96M-7.55M-258.28M214.06M
FinancingCashFlow-5.61M-29.61M-4.54M185.64M
CashFlowFromContinuingFinancingActivities-5.61M-29.61M-4.54M185.64M
NetOtherFinancingCharges-15.42M-3.68M-8.56M-18.07M
ProceedsFromStockOptionExercised10.33M1.62M4.67M14.92M
NetCommonStockIssuance-522.00K-27.54M-642.00K188.85M
CommonStockPayments-522.00K-27.54M-642.00K0.00
CommonStockIssuance0.000.00188.85M
NetIssuancePaymentsOfDebt0.000.00-66.00K
NetLongTermDebtIssuance0.000.00-66.00K
LongTermDebtPayments0.000.00-66.00K
InvestingCashFlow-483.00K40.45M-228.50M47.71M
CashFlowFromContinuingInvestingActivities-483.00K40.45M-228.50M47.71M
NetInvestmentPurchaseAndSale6.00M56.37M-203.56M83.41M
SaleOfInvestment166.92M258.50M111.59M88.91M
PurchaseOfInvestment-160.92M-202.13M-315.14M-5.50M
NetBusinessPurchaseAndSale0.00-6.68M-610.00K-15.43M
PurchaseOfBusiness0.00-6.68M-610.00K-15.43M
NetIntangiblesPurchaseAndSale0.00-896.00K-3.10M-6.70M
PurchaseOfIntangibles0.00-896.00K-3.10M-6.70M
CapitalExpenditureReported-6.48M-8.34M-21.23M-13.56M
OperatingCashFlow38.05M-18.39M-25.24M-19.29M
CashFlowFromContinuingOperatingActivities38.05M-18.39M-25.24M-19.29M
ChangeInWorkingCapital-102.31M106.59M-14.22M-40.97M
ChangeInOtherWorkingCapital-187.00K566.00K-215.00K-1.38M
ChangeInOtherCurrentLiabilities-5.86M-5.42M-3.46M-23.10M
ChangeInPayablesAndAccruedExpense-82.10M93.61M22.00K20.00M
ChangeInAccruedExpense-76.99M90.71M2.08M18.21M
ChangeInPayable-5.11M2.90M-2.05M1.79M
ChangeInAccountPayable-5.11M2.90M-2.05M1.79M
ChangeInPrepaidAssets606.00K1.77M-1.05M-5.14M
ChangeInInventory-1.02M54.00K-2.86M-6.93M
ChangeInReceivables-13.74M16.02M-6.66M-24.42M
ChangesInAccountReceivables-13.74M16.02M-6.66M-24.42M
OtherNonCashItems931.00K568.00K727.00K298.00K
StockBasedCompensation66.41M49.09M46.55M36.08M
UnrealizedGainLossOnInvestmentSecurities0.000.001.18M1.74M
AssetImpairmentCharge0.001.00M840.00K2.44M
AmortizationOfSecurities621.00K-4.93M390.00K1.13M
DepreciationAmortizationDepletion19.76M19.82M16.01M11.88M
DepreciationAndAmortization19.76M19.82M16.01M11.88M
Depreciation19.76M19.82M16.01M11.88M
OperatingGainsLosses91.00K-250.00K-107.00K-106.00K
GainLossOnInvestmentSecurities-294.00K-107.00K-106.00K
NetIncomeFromContinuingOperations52.55M-190.28M-76.61M-30.66M
SEC Filings

Recent 10-K, 10-Q, 8-K, and Form 4 (insider) filings.

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