Exagen Q4 revenue slightly beats expectations

Exagen

10/03/2026 12:07

Overview

Autoimmune diagnostics provider's Q4 revenue slightly beat analyst expectations

Company reported Q4 net loss

Sales force expansion and new biomarkers drove test volume growth

Outlook

Exagen expects full-year 2026 revenue of $70 mln to $73 mln

Company plans to expand reach in autoimmune disease market

Result Drivers

TEST VOLUME GROWTH - New biomarkers and sales force expansion drove over 11% full-year test volume growth

INCREASED ASP - AVISE CTD trailing twelve-month ASP increased by $30 per test, or 7%, compared to 2024

NOVEL BIOMARKERS - Commercial launch of novel T-Cell and seronegative RA biomarkers, including anti-RA33 and anti-PAD4, enhanced AVISE CTD platform

Company press release: ID:nGNX6Vw6g0

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q4 Revenue
Slight Beat*
$16.63 mln
$16.57 mln (7 Analysts)
Q4 Net Income
-$4.67 mln
Q4 Operating Expenses
$14.18 mln


*Applies to a deviation of less than 1%; not applicable for per-share numbers.

Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 7 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"

The average consensus recommendation for the healthcare facilities & services peer group is "buy"

Wall Street's median 12-month price target for Exagen Inc is $11.00, about 225.4% above its March 9 closing price of $3.38

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)