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NeoGenomics, Inc.NasdaqCM:NEO Stock Report

Market Cap US$1.4b
Share Price
US$10.52
US$23.43
55.1% undervalued intrinsic discount
1Y46.7%
7D14.0%
1D
Portfolio Value
View

NeoGenomics, Inc.

NasdaqCM:NEO Stock Report

Market Cap: US$1.4b

NeoGenomics (NEO) Stock Overview

Operates a network of cancer-focused testing laboratories in the United States and the United Kingdom. More details

NEO fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance0/6
Financial Health5/6
Dividends0/6

NEO Community Fair Values

Create Narrative

See what 6 others think this stock is worth. Follow their fair value or set your own to get alerts.

NeoGenomics, Inc. Competitors

Price History & Performance

Summary of share price highs, lows and changes for NeoGenomics
Historical stock prices
Current Share PriceUS$10.52
52 Week HighUS$13.74
52 Week LowUS$4.72
Beta1.8
1 Month Change11.44%
3 Month Change10.27%
1 Year Change46.72%
3 Year Change-36.59%
5 Year Change-74.69%
Change since IPO304.62%

Recent News & Updates

Narrative Update May 26

NEO: Expanded Test Access And Medicare Coverage Will Support Future Repricing

Analysts have raised their price target on NeoGenomics to $15.06, up from $14.19, citing updated assumptions around discount rates, profit margins, and future P/E expectations. What's in the News Updated full year 2026 revenue guidance to a range of US$797 million to US$803 million, compared with prior guidance of US$793 million to US$801 million, while maintaining an expected net loss of US$63 million to US$50 million and net loss per diluted share of US$0.48 to US$0.38 (Corporate guidance) Oncology testing portfolio made available through Epic Aura, allowing oncologists and health systems across the United States to order tests and view results directly within Epic electronic health records.
Narrative Update May 01

NEO: Expanded Test Access And Coverage Will Support Long Term Upside

Analysts have revised their fair value estimate for NeoGenomics from $17.00 to about $23.43. This change reflects updated assumptions for long term revenue growth, profit margins, and a higher future P/E multiple.
Narrative Update Apr 17

NEO: Medicare Test Coverage Will Support Bullish Repricing Through 2026 Guidance

Analysts have trimmed their price target on NeoGenomics from about $14.81 to roughly $14.19, citing updated assumptions for fair value, revenue growth, profit margin and future P/E that modestly reset expectations while keeping the broader thesis intact. What's in the News PanTracer LBx received coverage from the Centers for Medicare & Medicaid Services’ MolDX program under LCD L38043.

Recent updates

Narrative Update May 26

NEO: Expanded Test Access And Medicare Coverage Will Support Future Repricing

Analysts have raised their price target on NeoGenomics to $15.06, up from $14.19, citing updated assumptions around discount rates, profit margins, and future P/E expectations. What's in the News Updated full year 2026 revenue guidance to a range of US$797 million to US$803 million, compared with prior guidance of US$793 million to US$801 million, while maintaining an expected net loss of US$63 million to US$50 million and net loss per diluted share of US$0.48 to US$0.38 (Corporate guidance) Oncology testing portfolio made available through Epic Aura, allowing oncologists and health systems across the United States to order tests and view results directly within Epic electronic health records.
Narrative Update May 01

NEO: Expanded Test Access And Coverage Will Support Long Term Upside

Analysts have revised their fair value estimate for NeoGenomics from $17.00 to about $23.43. This change reflects updated assumptions for long term revenue growth, profit margins, and a higher future P/E multiple.
Narrative Update Apr 17

NEO: Medicare Test Coverage Will Support Bullish Repricing Through 2026 Guidance

Analysts have trimmed their price target on NeoGenomics from about $14.81 to roughly $14.19, citing updated assumptions for fair value, revenue growth, profit margin and future P/E that modestly reset expectations while keeping the broader thesis intact. What's in the News PanTracer LBx received coverage from the Centers for Medicare & Medicaid Services’ MolDX program under LCD L38043.
Narrative Update Apr 03

NEO: Expanded Genomic Test Coverage Will Support Stronger Outlook For 2026

Analysts have raised their price target on NeoGenomics from $12.00 to $13.00, citing updated assumptions for growth, profitability, discount rate, and a higher future P/E multiple. What's in the News PanTracer LBx liquid biopsy test received coverage from the Centers for Medicare & Medicaid Services’ MolDX program under LCD L38043, expanding access for Medicare patients to blood based comprehensive genomic profiling across more than 500 genes with a seven day turnaround (Key Developments).
Narrative Update Mar 19

NEO: New Medicare Coverage Will Drive Bullish Repricing Through 2026 Guidance

Analysts have kept their $14.81 price target for NeoGenomics unchanged, citing stable modeled revenue growth, profit margins, and future P/E assumptions as the basis for maintaining their view. What's in the News Medicare, through the MolDX program, granted coverage for NeoGenomics' PanTracer LBx liquid biopsy test for plasma based genomic profiling in solid tumors, expanding access for Medicare patients to a blood based comprehensive genomic profiling assay that evaluates more than 500 genes with a seven day turnaround (Key Developments).
Narrative Update Mar 05

NEO: Legal Victory And 2025–2026 Guidance Will Drive Bullish Repricing

Analysts have raised their price target on NeoGenomics from about $14.43 to roughly $14.81, citing updated views on fair value, discount rate, revenue growth, profit margin, and future P/E assumptions. What's in the News NeoGenomics launched RaDaR ST, a circulating tumor DNA assay for molecular residual disease that uses patient specific, tumor informed panels and whole exome sequencing to track up to 48 tumor variants with an LOD95 of 11 ppm.
Narrative Update Feb 19

NEO: Liquid Biopsy Expansion And Legal Win Will Support Long Term Upside

Analysts have kept their $17.00 price target for NeoGenomics unchanged, reflecting only small model tweaks to the discount rate, revenue growth assumptions, profit margin expectations, and future P/E that do not materially alter their overall view of the stock. What's in the News Issued earnings guidance for 2026 with expected consolidated revenue of US$793 million to US$801 million and a projected net loss of US$63 million to US$50 million.
Narrative Update Feb 05

NEO: Fair Outlook Balances Leadership Transition Patent Win And Clinical Data

Narrative Update on NeoGenomics Analysts have lifted their implied fair value estimate for NeoGenomics to US$12.00 per share, citing updated assumptions around revenue growth, discount rate, profit margin and future P/E as the key drivers behind the new price target framework. What’s in the News NeoGenomics announced a CFO succession plan, with Abhishek Jain joining as Executive Vice President on January 12, 2026 and scheduled to become CFO on March 2, 2026, as current CFO Jeff Sherman transitions toward retirement on April 14, 2026, after completing the fiscal 2025 reporting cycle.
Seeking Alpha Jan 25

NeoGenomics: Distribution Moat In Community Oncology

Summary NeoGenomics is transitioning from a commodity diagnostic provider to a comprehensive precision oncology platform, leveraging deep relationships with community oncologists. NEO’s clinical services revenue grew 18% YoY in Q3 2025, with high-value Next Generation Sequencing now nearly one-third of clinical revenue and outpacing market growth. The upcoming RaDaR ST launch in Q1 2026 positions NEO as a fast follower in the $20B MRD market, capitalizing on its established distribution and workflow integration. NEO trades at a significant discount to sector peers on EV/Sales and P/S, offering a margin of safety if execution on MRD and margin expansion materializes. Read the full article on Seeking Alpha
Narrative Update Jan 22

NEO: Legal Win And 2025 Guidance Will Drive Bullish Repricing

Analysts have raised their price target for NeoGenomics to about US$14.43 from roughly US$13.44, citing updated assumptions for the discount rate, revenue growth, profit margin, and future P/E that refine their view of the company’s long-term earnings power. What's in the News Issued preliminary unaudited guidance for the fourth quarter of 2025 with expected total revenue of about US$190 million and year over year growth of 11%, and full year 2025 revenue of about US$727 million with year over year growth of 10% (company guidance).
Narrative Update Jan 08

NEO: Future Liquid Biopsy Data Pipeline Will Support Stronger Long Term Outlook

Analysts have lifted their fair value estimate for NeoGenomics from US$14.00 to US$17.00. They cite updated assumptions around revenue growth, profit margins and future P/E that they believe better reflect the company’s outlook.
Narrative Update Dec 14

NEO: Upcoming Trial Readouts And Guidance Will Drive Bullish Repricing

Narrative Update on NeoGenomics Analysts have modestly raised their price target on NeoGenomics to approximately 13.44 dollars from about 13.17 dollars, citing slightly stronger long term revenue growth expectations and a marginally higher future earnings multiple, despite a nearly unchanged discount rate and profit margin outlook. What's in the News Upcoming SABCS 2025 presentations will showcase RaDaR 1.0 ctDNA data from the SURVIVE HERoes Phase III trial and CLEVER study in early breast cancer, supporting ctDNA guided surveillance and earlier intervention strategies (company announcement).
Narrative Update Nov 29

NEO: Upcoming Research and Earnings Guidance Will Shape Market Expectations

Analysts have slightly raised their price target for NeoGenomics from $13.06 to $13.17 per share. This reflects updated assessments of future profitability and market growth potential.
Narrative Update Nov 15

NEO: Upcoming Research Presentations Are Expected To Drive Solid Tumor Detection Momentum

Analysts have raised their fair value estimate for NeoGenomics from $11.72 to $13.06. This change is attributed to slightly improved revenue growth projections, as well as a modest increase in profit margins and future valuation multiples.
Narrative Update Nov 01

NEO: Upcoming Research Presentations Will Accelerate Future Oncology Diagnostic Opportunities

Analysts have raised their price target for NeoGenomics from $10.44 to $11.72 per share. They cite marginal improvements in projected revenue growth and profit margin estimates.
Narrative Update Oct 18

Advanced Oncology Diagnostics And NGS Capabilities Will Create Future Opportunities

Analysts have raised their price target for NeoGenomics from $9.78 to $10.44 per share, citing slightly improved revenue growth projections and a modestly higher future price-to-earnings multiple. What's in the News NeoGenomics announced the presentation of key MRD assay data, including results from interventional therapy trials, at the upcoming ESMO Congress 2025 in Berlin.
Narrative Update Aug 30

Advanced Oncology Diagnostics And NGS Capabilities Will Create Future Opportunities

The higher analyst price target for NeoGenomics reflects an expansion in its future P/E multiple despite stable revenue growth forecasts, resulting in a revised fair value of $9.78. What's in the News U.S. District Court invalidated certain Natera patents asserted against NeoGenomics’ RaDaR v1.1 test, but the decision does not affect the '035 patent that previously led to a permanent injunction on RaDaR v1.0. NeoGenomics launched NEO PanTracer LBx, a blood-based comprehensive genomic profiling (CGP) test targeting the expanding liquid biopsy market and enhancing its pan-solid tumor CGP portfolio.
Analysis Article Aug 27

Would NeoGenomics (NASDAQ:NEO) Be Better Off With Less Debt?

Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
Analysis Article Jul 30

Market Cool On NeoGenomics, Inc.'s (NASDAQ:NEO) Revenues Pushing Shares 27% Lower

NeoGenomics, Inc. ( NASDAQ:NEO ) shareholders won't be pleased to see that the share price has had a very rough month...
Analysis Article May 23

Take Care Before Jumping Onto NeoGenomics, Inc. (NASDAQ:NEO) Even Though It's 25% Cheaper

Unfortunately for some shareholders, the NeoGenomics, Inc. ( NASDAQ:NEO ) share price has dived 25% in the last thirty...
User avatar
New Narrative Mar 23

PanTracer Launch And MRD Collaboration Will Strengthen Future Cancer Testing Leadership

NeoGenomics' strategic investments and collaborations are expected to enhance customer experiences, boost test volumes, and strengthen competitive positioning in MRD monitoring and Heme testing.
Analysis Article Mar 08

NeoGenomics, Inc.'s (NASDAQ:NEO) Stock Retreats 28% But Revenues Haven't Escaped The Attention Of Investors

Unfortunately for some shareholders, the NeoGenomics, Inc. ( NASDAQ:NEO ) share price has dived 28% in the last thirty...
Seeking Alpha Feb 28

NeoGenomics: Decent Fundamentals, But Still Overvalued

Summary NeoGenomics is rated a Hold due to the intrinsic value being lower than the current price, and the company's negative net income and FCF. Despite revenue growth and increasing clinical volume, NeoGenomics missed revenue estimates, causing a 15.50% drop in the stock price. NeoGenomics shows promising long-term growth potential with rising cancer cases and improving ROIC, but negative profitability is a concern. Intrinsic value calculations using the Graham's Formula and DCF model suggest the stock may not yet be done falling. I am recommending caution. Read the full article on Seeking Alpha
Analysis Article Feb 18

Here's Why NeoGenomics (NASDAQ:NEO) Can Afford Some Debt

Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
Analysis Article Jan 14

What You Can Learn From NeoGenomics, Inc.'s (NASDAQ:NEO) P/S After Its 29% Share Price Crash

NeoGenomics, Inc. ( NASDAQ:NEO ) shares have had a horrible month, losing 29% after a relatively good period...
Analysis Article Nov 23

NeoGenomics, Inc. (NASDAQ:NEO) Stocks Shoot Up 25% But Its P/S Still Looks Reasonable

NeoGenomics, Inc. ( NASDAQ:NEO ) shareholders are no doubt pleased to see that the share price has bounced 25% in the...
Analysis Article Oct 16

Is NeoGenomics (NASDAQ:NEO) A Risky Investment?

Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
Analysis Article Aug 01

Investors Appear Satisfied With NeoGenomics, Inc.'s (NASDAQ:NEO) Prospects As Shares Rocket 29%

NeoGenomics, Inc. ( NASDAQ:NEO ) shareholders would be excited to see that the share price has had a great month...
Analysis Article Jul 15

Is NeoGenomics (NASDAQ:NEO) A Risky Investment?

Warren Buffett famously said, 'Volatility is far from synonymous with risk.' So it seems the smart money knows that...

Shareholder Returns

NEOUS HealthcareUS Market
7D14.0%-1.3%1.6%
1Y46.7%12.5%28.2%

Return vs Industry: NEO exceeded the US Healthcare industry which returned 12.5% over the past year.

Return vs Market: NEO exceeded the US Market which returned 28.2% over the past year.

Price Volatility

Is NEO's price volatile compared to industry and market?
NEO volatility
NEO Average Weekly Movement7.3%
Healthcare Industry Average Movement7.3%
Market Average Movement7.2%
10% most volatile stocks in US Market16.8%
10% least volatile stocks in US Market3.0%

Stable Share Price: NEO has not had significant price volatility in the past 3 months compared to the US market.

Volatility Over Time: NEO's weekly volatility (7%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
20012,500Tony Zookwww.neogenomics.com

NeoGenomics, Inc. operates a network of cancer-focused testing laboratories in the United States and the United Kingdom. The company offers testing services to hospitals, academic centers, pathologists, oncologists, clinicians, pharmaceutical companies, and clinical laboratories. It also provides cytogenetics testing services to study normal and abnormal chromosomes and their relationship to diseases; fluorescence in-situ hybridization testing services that focus on detecting and locating the presence or absence of specific DNA sequences and genes on chromosomes; flow cytometry testing services to measure the characteristics of cell populations; and immunohistochemistry and digital imaging testing services to localize cellular proteins in tissue section, as well as to allow clients to visualize scanned slides, and perform quantitative analysis for various stains.

NeoGenomics, Inc. Fundamentals Summary

How do NeoGenomics's earnings and revenue compare to its market cap?
NEO fundamental statistics
Market capUS$1.37b
Earnings (TTM)-US$99.21m
Revenue (TTM)US$745.97m
1.8x
P/S Ratio
-13.8x
P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
NEO income statement (TTM)
RevenueUS$745.97m
Cost of RevenueUS$424.46m
Gross ProfitUS$321.51m
Other ExpensesUS$420.72m
Earnings-US$99.21m

Last Reported Earnings

Mar 31, 2026

Next Earnings Date

n/a

Earnings per share (EPS)-0.76
Gross Margin43.10%
Net Profit Margin-13.30%
Debt/Equity Ratio41.3%

How did NEO perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/06/01 16:36
End of Day Share Price 2026/05/29 00:00
Earnings2026/03/31
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

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

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

NeoGenomics, Inc. is covered by 25 analysts. 12 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Bruce JacksonBenchmark Company
Raymond MyersBenchmark Company
Michael RyskinBofA Global Research