Overview
Genomics company's Q4 revenue slightly missed analyst expectations
Clinical test volume surged 41% in Q4 over Q3 to 6,183 tests
Secured Medicare coverage for breast and lung cancer surveillance
Outlook
Personalis expects full-year 2026 revenue between $78 mln and $80 mln
Clinical revenue for 2026 projected at $10 mln to $11 mln
Company anticipates clinical test volume of 43,000 to 45,000 tests in 2026
Result Drivers
CLINICAL TEST VOLUME - Clinical test volume surged 41% in Q4 over Q3 to 6,183 tests, and full year increased nearly 400% to 16,233 tests
Company press release: ID:nBw6CbNYFa
Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q4 Revenue
Slight Miss*
$17.35 mln
$17.38 mln (6 Analysts)
Q4 EPS
-$0.26
Q4 Net Income
-$23.81 mln
Q4 Basic EPS
-$0.26
Q4 Income From Operations
-$25.27 mln
Q4 Pretax Profit
-$23.80 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 6 "strong buy" or "buy", 1 "hold" and no "sell" or "strong sell"
The average consensus recommendation for the biotechnology & medical research peer group is "buy"
Wall Street's median 12-month price target for Personalis Inc is $11.00, about 32.4% above its February 25 closing price of $8.31
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.)