DexCom（DXCM）株式概要医療機器メーカーであるDexCom社は、糖尿病とメタボリックヘルスの管理のための継続的グルコースモニタリング（CGM）システムの設計、開発、商品化に米国内外で注力している。 詳細DXCM ファンダメンタル分析スノーフレーク・スコア評価3/6将来の成長2/6過去の実績6/6財務の健全性6/6配当金0/6報酬当社が推定した公正価値より36.8%で取引されている 収益は年間14.69%増加すると予測されています 過去1年間で収益は73.8%増加しました リスク分析DXCM リスクチェックを通過した。すべてのリスクチェックを見るDXCM Community Fair Values Create NarrativeSee what 132 others think this stock is worth. Follow their fair value or set your own to get alerts.Analyst Price TargetsAN10.8% overvaluedAnalystLowTarget•24d agoType 2 Coverage Expansion And AI Features Will Shape A Balanced Long Term Outlook2202AN11.8% undervaluedAnalystConsensusTarget•21h agoDXCM: Expanding Reimbursement Will Drive Gains Despite Market Uncertainty948169Top Analyst NarrativesAN10.8% overvaluedAnalystLowTarget•24d agoType 2 Coverage Expansion And AI Features Will Shape A Balanced Long Term Outlook2202AN11.8% undervaluedAnalystConsensusTarget•21h agoDXCM: Expanding Reimbursement Will Drive Gains Despite Market Uncertainty948169View all narrativesDexCom, Inc. 競合他社ResMedSymbol: NYSE:RMDMarket cap: US$30.2bGE HealthCare TechnologiesSymbol: NasdaqGS:GEHCMarket cap: US$29.2bSTERISSymbol: NYSE:STEMarket cap: US$21.2bBecton DickinsonSymbol: NYSE:BDXMarket cap: US$40.7b価格と性能株価の高値、安値、推移の概要DexCom過去の株価現在の株価US$72.1052週高値US$89.9852週安値US$54.11ベータ1.41ヶ月の変化17.10%3ヶ月変化-1.45%1年変化-15.50%3年間の変化-36.51%5年間の変化-21.13%IPOからの変化2,356.56%最新ニュースライブニュース • May 24DexCom Shares Jump Over 5% as CEO Buys Stock and Analysts Lift RatingDexCom shares recently moved more than 5% higher, outpacing a weaker broader market backdrop that included rising Treasury yields, geopolitical tensions and pressure on semiconductor stocks. The stock is trading below an estimated intrinsic GF Value of about US$102 compared with market levels referenced around US$61 to US$62, and carries a GF Score of 88/100. Q1 2026 worldwide revenue was US$1.19b versus US$1.04b a year earlier, while analysts have shifted their rating on DexCom to “Outperform” and CEO Kevin Sayer (referred to as CEO Leach in one source) has made an insider share purchase of about US$1m. The combination of analyst upgrades, insider buying and GF metrics that point to a gap between price and assessed value is helping support a more constructive view on DexCom’s prospects. Investors still need to watch issues such as gross margin pressure and mixed insider activity, since these can affect how much of the perceived valuation gap ultimately closes and how the stock behaves during periods of market volatility.Recent Insider Transactions Derivative • May 22Executive Chairman of the Board notifies of intention to sell stockKevin Sayer intends to sell 27k shares in the next 90 days after lodging an Intent To Sell Form on the 21st of May. If the sale is conducted around the recent share price of US$72.00, it would amount to US$1.9m. Since March 2026, Kevin has owned 302.27k shares directly. Company insiders have collectively bought US$924k more than they sold, via options and on-market transactions, in the last 12 months.Seeking Alpha • May 22DexCom Might Finally Be Cheap EnoughSummary DexCom is now rated a 'Buy' as improved fundamentals and a 15% lower stock price present a more attractive entry. Q1/26 results showed 15% revenue growth, and 90.9% operating income growth and raised 2026 guidance for both revenue and margins. Key growth drivers include international expansion, increased U.S. coverage for type 2 diabetics, and a $1B share buyback in 2026. With a P/FCF of 20 and intrinsic value estimates up to $115, DXCM appears slightly undervalued with high double-digit growth prospects. Read the full article on Seeking AlphaValuation Update With 7 Day Price Move • May 20Investor sentiment improves as stock rises 22%After last week's 22% share price gain to US$71.44, the stock trades at a forward P/E ratio of 28x. Average trailing P/E is 25x in the Medical Equipment industry in the US. Total loss to shareholders of 39% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at US$114 per share.お知らせ • May 19Dexcom, Inc. Announces Dexcom Flex in GermanyDexCom, Inc. had announced Dexcom Flex, a new CGM system designed specifically for adults with Type 2 diabetes who are not using intensive insulin therapy. Dexcom Flex is made for people using basal insulin, oral medications or GLP-1 receptor agonists, expanding access to CGM technology for a broader Type 2 diabetes population. Dexcom Flex is a continuous glucose monitoring system that provides users with 24/7 glucose readings on a smartphone, smartwatch or receiver, without routine fingerpricks. The CGM system features real-time glucose monitoring with optional food and activity logging, developed to support people and their healthcare providers gain a clearer picture of how food, exercise, daily activities, and long-acting insulin impact glucose patterns. Optional and customisable low glucose alerts are designed to help prevent hypoglycemic events. Personalised glucose insights are created to aid users connect daily diet, activity and medication dosing decisions to glucose levels, supporting motivation and meaningful behaviour change. Dexcom Flex is designed to highlight the insights that matter most, supporting people to build confidence in understanding and responding to their glucose levels over time. Type 2 diabetes is a large and growing global health challenge with hundreds of millions of people living with the disease globally. Many people not using intensive insulin therapy have historically had limited access to CGM technology. Germany is among the European countries expanding the use of digital health tools in Type 2 diabetes care. The introduction of Dexcom Flex is intended to support healthcare providers and healthcare systems in broadening access to CGM across more diverse patient groups. Studies have shown that CGM use in people with Type 2 diabetes may support reductions in diabetes-related hospitalisations. The use of CGM is also associated with a reduction in long-term complications such as cardiovascular risks and reduced mortality in people with type 2 diabetes. People with Type 2 diabetes have also reported that CGM use has improved their confidence, increased their understanding of the impact of food on their glucose levels. Research has also shown that Dexcom CGM systems can help people with Type 2 diabetes using basal insulin reduce their HbA1c and increase the time spent in their target glucose range.お知らせ • May 15DexCom, Inc. (NasdaqGS:DXCM) announces an Equity Buyback for $1,000 million worth of its shares.DexCom, Inc. (NasdaqGS:DXCM) announces a share repurchase program. Under the program, the company will repurchase up to $1,000 million worth of its shares. The plan will be valid till June 30, 2027.最新情報をもっと見るRecent updatesライブニュース • May 24DexCom Shares Jump Over 5% as CEO Buys Stock and Analysts Lift RatingDexCom shares recently moved more than 5% higher, outpacing a weaker broader market backdrop that included rising Treasury yields, geopolitical tensions and pressure on semiconductor stocks. The stock is trading below an estimated intrinsic GF Value of about US$102 compared with market levels referenced around US$61 to US$62, and carries a GF Score of 88/100. Q1 2026 worldwide revenue was US$1.19b versus US$1.04b a year earlier, while analysts have shifted their rating on DexCom to “Outperform” and CEO Kevin Sayer (referred to as CEO Leach in one source) has made an insider share purchase of about US$1m. The combination of analyst upgrades, insider buying and GF metrics that point to a gap between price and assessed value is helping support a more constructive view on DexCom’s prospects. Investors still need to watch issues such as gross margin pressure and mixed insider activity, since these can affect how much of the perceived valuation gap ultimately closes and how the stock behaves during periods of market volatility.Recent Insider Transactions Derivative • May 22Executive Chairman of the Board notifies of intention to sell stockKevin Sayer intends to sell 27k shares in the next 90 days after lodging an Intent To Sell Form on the 21st of May. If the sale is conducted around the recent share price of US$72.00, it would amount to US$1.9m. Since March 2026, Kevin has owned 302.27k shares directly. Company insiders have collectively bought US$924k more than they sold, via options and on-market transactions, in the last 12 months.Seeking Alpha • May 22DexCom Might Finally Be Cheap EnoughSummary DexCom is now rated a 'Buy' as improved fundamentals and a 15% lower stock price present a more attractive entry. Q1/26 results showed 15% revenue growth, and 90.9% operating income growth and raised 2026 guidance for both revenue and margins. Key growth drivers include international expansion, increased U.S. coverage for type 2 diabetics, and a $1B share buyback in 2026. With a P/FCF of 20 and intrinsic value estimates up to $115, DXCM appears slightly undervalued with high double-digit growth prospects. Read the full article on Seeking AlphaValuation Update With 7 Day Price Move • May 20Investor sentiment improves as stock rises 22%After last week's 22% share price gain to US$71.44, the stock trades at a forward P/E ratio of 28x. Average trailing P/E is 25x in the Medical Equipment industry in the US. Total loss to shareholders of 39% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at US$114 per share.お知らせ • May 19Dexcom, Inc. Announces Dexcom Flex in GermanyDexCom, Inc. had announced Dexcom Flex, a new CGM system designed specifically for adults with Type 2 diabetes who are not using intensive insulin therapy. Dexcom Flex is made for people using basal insulin, oral medications or GLP-1 receptor agonists, expanding access to CGM technology for a broader Type 2 diabetes population. Dexcom Flex is a continuous glucose monitoring system that provides users with 24/7 glucose readings on a smartphone, smartwatch or receiver, without routine fingerpricks. The CGM system features real-time glucose monitoring with optional food and activity logging, developed to support people and their healthcare providers gain a clearer picture of how food, exercise, daily activities, and long-acting insulin impact glucose patterns. Optional and customisable low glucose alerts are designed to help prevent hypoglycemic events. Personalised glucose insights are created to aid users connect daily diet, activity and medication dosing decisions to glucose levels, supporting motivation and meaningful behaviour change. Dexcom Flex is designed to highlight the insights that matter most, supporting people to build confidence in understanding and responding to their glucose levels over time. Type 2 diabetes is a large and growing global health challenge with hundreds of millions of people living with the disease globally. Many people not using intensive insulin therapy have historically had limited access to CGM technology. Germany is among the European countries expanding the use of digital health tools in Type 2 diabetes care. The introduction of Dexcom Flex is intended to support healthcare providers and healthcare systems in broadening access to CGM across more diverse patient groups. Studies have shown that CGM use in people with Type 2 diabetes may support reductions in diabetes-related hospitalisations. The use of CGM is also associated with a reduction in long-term complications such as cardiovascular risks and reduced mortality in people with type 2 diabetes. People with Type 2 diabetes have also reported that CGM use has improved their confidence, increased their understanding of the impact of food on their glucose levels. Research has also shown that Dexcom CGM systems can help people with Type 2 diabetes using basal insulin reduce their HbA1c and increase the time spent in their target glucose range.お知らせ • May 15DexCom, Inc. (NasdaqGS:DXCM) announces an Equity Buyback for $1,000 million worth of its shares.DexCom, Inc. (NasdaqGS:DXCM) announces a share repurchase program. Under the program, the company will repurchase up to $1,000 million worth of its shares. The plan will be valid till June 30, 2027.ナラティブの更新 • May 07DXCM: Share Repurchases And Guidance Reaffirmation Will Support Future Healthcare MomentumAnalysts have trimmed their average price target on DexCom by about $3 to reflect slightly lower modeled revenue growth, a modestly reduced future P/E assumption, and updates to discount rate and margin expectations following a series of recent target changes across Wall Street firms. Analyst Commentary Recent research on DexCom has centered on fine tuning price targets and valuation assumptions rather than making wholesale changes to fundamental views.お知らせ • May 03DexCom, Inc. Reiterates Earnings Guidance for the Fiscal Year 2026DexCom, Inc. reiterated earnings guidance for the fiscal year 2026. for the year, the company expects revenue of $5.16 billion - $5.25 billion (approximately 11-13% growth).新しいナラティブ • May 02Type 2 Coverage Expansion And AI Features Will Shape A Balanced Long Term OutlookCatalysts About DexCom DexCom develops and sells continuous glucose monitoring systems used by people with diabetes around the world. What are the underlying business or industry changes driving this perspective?Reported Earnings • May 01First quarter 2026 earnings: EPS and revenues exceed analyst expectationsFirst quarter 2026 results: EPS: US$0.52 (up from US$0.27 in 1Q 2025). Revenue: US$1.19b (up 15% from 1Q 2025). Net income: US$199.5m (up 89% from 1Q 2025). Profit margin: 17% (up from 10% in 1Q 2025). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 1.5%. Earnings per share (EPS) also surpassed analyst estimates by 13%. Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 7.9% growth forecast for the Medical Equipment industry in the US. Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has fallen by 20% per year, which means it is significantly lagging earnings.ナラティブの更新 • Apr 22DXCM: AI Coaching And Share Repurchases Will Support Future Healthcare MomentumAnalysts have made a small trim to DexCom's implied value, cutting the analyst price target by about $0.25, as they balance slightly softer modeled growth and margins with generally supportive recent research, including multiple target increases following the latest medtech sector updates. Analyst Commentary Recent research on DexCom reflects a mix of optimism and caution as analysts adjust their models and targets across the medtech group.お知らせ • Apr 17DexCom, Inc., Annual General Meeting, May 27, 2026DexCom, Inc., Annual General Meeting, May 27, 2026.ナラティブの更新 • Apr 05DXCM: AI Coaching And Buybacks Will Support Future Healthcare MomentumAnalysts have nudged DexCom's fair value estimate higher to $87.13 from $86.12, citing a series of upward price target revisions that cluster around the low to mid $80s, while one firm maintains a more cautious view focused on rising competition. Analyst Commentary Recent research on DexCom reflects a split view, with several bullish analysts lifting price targets into the low to mid US$80s, while at least one bearish voice is positioning closer to the low US$70s.お知らせ • Apr 03DexCom, Inc. to Report Q1, 2026 Results on Apr 30, 2026DexCom, Inc. announced that they will report Q1, 2026 results After-Market on Apr 30, 2026ナラティブの更新 • Mar 22DXCM: AI Coaching And Buybacks Will Support Future Market Share ConfidenceDexCom's fair value estimate edges up by about $0.27 as analysts fine tune assumptions on the discount rate, revenue growth, profit margin, and future P/E, following a mix of price target changes across the Street, including recent upward revisions toward $84 to $86 and a lower $71 target tied to competition concerns. Analyst Commentary Recent Street research on DexCom reflects a split view, with some firms nudging targets higher into the mid $80s and others pushing back toward the low $70s on competition concerns.ナラティブの更新 • Mar 08DXCM: AI Coaching And Share Repurchases Will Support Long-Term ConfidenceDexCom's intrinsic value estimate nudged higher to $85.85, with analysts modestly lifting price targets, often in the $1 to $12 range, as they weigh recent target increases against a Barclays downgrade that highlights rising competitive pressure in continuous glucose monitoring. Analyst Commentary Recent research on DexCom reflects a split tape, with several firms adjusting price targets higher by amounts in the low single digits to low teens, while one major firm has moved to a more cautious stance with a lower target and an Underweight rating.Board Change • Mar 02High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Director Rick Osterloh was the last director to join the board, commencing their role in 2026. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.お知らせ • Feb 27DexCom, Inc. Appoints Rick Osterloh to Board of Directors, Effective February 26, 2026DexCom, Inc. announced the appointment of Rick Osterloh to its Board of Directors, effective February 26, 2026. Rick Osterloh is a highly accomplished technology executive with more than 20 years of leadership experience across consumer hardware, platform strategy and large-scale product operations. He currently serves as Senior Vice President, Platforms & Devices at Google, where he leads a unified group spanning the company’s portfolio of advanced consumer technologies. This includes Android, Google Play, Chrome, and Google’s Devices and Services Portfolio—Pixel phones, Google Nest smart home devices, and Fitbit wearables. Under his leadership, Google has integrated its portfolio to align and accelerate the company’s advanced product capabilities across hardware, software and artificial intelligence. Mr. Osterloh brings to the Dexcom Board expertise in innovation oversight, strategic transactions and long-term strategic planning. Mr. Rick Osterloh serves as Senior Vice President, Platform & Devices at Google, leading a unified group spanning Android, Google Play, Chrome, and Google’s Devices & Services Portfolio (Pixel, Nest, Fitbit), a position he has held since 2016. Prior to this, Mr. Osterloh held additional senior leadership roles across consumer technologies. He served as President of Motorola Mobility from 2014-2016, and Senior Vice President, Product Management & GM Premium Products, Motorola Mobility from 2012-2014, overseeing global product strategy and operations during Motorola’s transition under Google and subsequently Lenovo. Prior to this, Mr. Osterloh served as Vice President, Product & Design at Skype from 2010-2012 and held earlier roles at Motorola, Amazon, Kleiner Perkins Caulfield & Byers and Deloitte. Mr. Osterloh received bachelor’s and master’s degrees in Industrial Engineering from Stanford University. He also obtained an MBA from Stanford Graduate School of Business.ナラティブの更新 • Feb 21DXCM: Medicare Support And AI Coaching Rollout Will Sustain Long-Term ConfidenceOur updated DexCom narrative reflects a small increase in fair value to $85.46. Analysts point to a mix of modestly lower assumed revenue growth, slightly higher profit margin expectations, a reduced future P/E multiple, and a series of recent price target adjustments that are mostly higher in dollar terms despite some concerns around rising competition.分析記事 • Feb 19The Strong Earnings Posted By DexCom (NASDAQ:DXCM) Are A Good Indication Of The Strength Of The BusinessEven though DexCom, Inc.'s ( NASDAQ:DXCM ) recent earnings release was robust, the market didn't seem to notice. Our...Recent Insider Transactions Derivative • Feb 16Independent Director notifies of intention to sell stockBridgette Heller intends to sell 1k shares in the next 90 days after lodging an Intent To Sell Form on the 12th of February. If the sale is conducted around the recent share price of US$68.01, it would amount to US$69k. Since March 2025, Bridgette's direct individual holding has increased from 20.38k shares to 21.99k. Company insiders have collectively sold US$5.4m more than they bought, via options and on-market transactions in the last 12 months.Reported Earnings • Feb 13Full year 2025 earnings: Revenues and EPS in line with analyst expectationsFull year 2025 results: EPS: US$2.14 (up from US$1.46 in FY 2024). Revenue: US$4.66b (up 16% from FY 2024). Net income: US$836.3m (up 45% from FY 2024). Profit margin: 18% (up from 14% in FY 2024). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) were also in line with analyst expectations. Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 7.7% growth forecast for the Medical Equipment industry in the US. Over the last 3 years on average, earnings per share has increased by 26% per year but the company’s share price has fallen by 15% per year, which means it is significantly lagging earnings.お知らせ • Feb 13DexCom, Inc. Reiterates Earnings Guidance for the Fiscal Year 2026DexCom, Inc. reiterated earnings guidance for the fiscal year 2026. For the period, revenue of $5.16 - $5.25 billion (approximately 11-13% growth).ナラティブの更新 • Feb 05DXCM: Medicare Support And AI Coaching Features Will Sustain Long-Term ConfidenceAnalysts made only a slight upward tweak to the DexCom price target to about US$85, reflecting small adjustments to their growth, margin and P/E assumptions as they balance caution on rising competition with support from recent positive research updates. Analyst Commentary Recent research on DexCom reflects a split view, with some analysts highlighting supportive policy signals and valuation upside, while others focus on intensifying competition and reduced price targets.お知らせ • Feb 04Dexcom, Inc. to Roll Out an Advanced Ai-Enabled Enhancement to SteloDexcom, Inc. announced it will roll out an advanced AI-enabled enhancement to Stelo that will transform how users understand their glucose health and take steps in achieving their long-term health goals. The newest features will launch nationwide in the coming weeks. Last year, Dexcom introduced AI-driven Smart Food Loggingin Stelo, the first over-the-counter glucose biosensor cleared by the FDA in the United States. Now the company has expanded this feature by integrating a comprehensive nutrition database that provides a breakdown of calories, carbohydrates, protein, fat, dietary fibers, and more, for each logged meal, helping users better understand how food impacts their glucose and empowering them to make more informed dietary decisions. The database includes over one million food options with multiple ways to log a meal, including text search, barcode scanning or taking a photo of the meal, creating a seamless and intuitive meal tracking solution. Understanding the role of macronutrients such as carbohydrates, proteins, and fats is essential for maintaining healthy glucose levels. After using Stelo for 30 days, the majority of users indicated positive changes in their dietary and eating patterns, and improvements in physical activity and weight-management habits. By learning how different foods and specific macronutrients impact glucose levels with Stelo, users will be empowered with even more information to better understand and manage their metabolic health. Stelo will also launch a redesigned Daily Insights feature which will introduce a new interface with a sophisticated, card-based system. Users will receive up to three personalized recommendations based on their previous day's glucose, activity, nutrition, and sleep data. Each insight will highlight key individual metrics and provide contextual understanding. A fourth card will use behavioral science techniques to help users reflect on and act upon their metabolic health insights. The feature uses AI to maintain day-over-day context, ensuring consistent and evolving personalized coaching that adapts to individual patterns and progress. Stelo users will be able to access the enhanced Smart Food Logging and redesigned Daily Insights features by updating to the latest version of the app on iOS and Android platforms in the coming weeks. Dexcom is bringing these new features to Stelo as it finishes development and regulatory approvals for a completely reimagined Stelo app experience, launching later this year. To learn more about Stelo or to purchase, visit Stelo.com or Amazon.ナラティブの更新 • Jan 22DXCM: Medicare Support And 2026 Sensor Expansion Will Sustain Long-Term ConfidenceOur DexCom price target edges down to about $85 from $85.27, reflecting slightly lower assumed profit margins and P/E multiple, partly offset by analysts citing supportive Medicare reimbursement commentary and mixed Street views on competition, valuation, and 2026 guidance. Analyst Commentary Recent research on DexCom highlights a clear split between bullish and bearish analysts, with views clustering around competition, execution on guidance, and how much investors are willing to pay for the stock through the P/E multiple.お知らせ • Jan 13DexCom, Inc. Provides Preliminary Unaudited Earnings Guidance for the Fourth Quarter and Full Year Ended December 31, 2025 and Provides Earnings Guidance for the Fiscal Year 2026DexCom, Inc. provided preliminary unaudited earnings guidance for the fourth quarter and full year ended December 31, 2025 and provided earnings guidance for the fiscal year 2026. For the fourth quarter, the company expects total revenue to be approximately $1.260 billion, an increase of 13% over the fourth quarter of 2024. For the full year of 2025, the company expects revenue to be approximately $4.662 billion, an increase of 16% over 2024. For the full year of 2026, the company expects total revenue to be between $5.16 billion to $5.25 billion, representing expected growth of approximately 11% to 13% over 2025. This outlook considers sensor volume growth driven by increasing CGM awareness for people with diabetes, the continued rollout of Stelo, further international expansion, and overall market dynamics.お知らせ • Jan 12DexCom, Inc. to Report Q4, 2025 Results on Feb 12, 2026DexCom, Inc. announced that they will report Q4, 2025 results at 4:00 PM, US Eastern Standard Time on Feb 12, 2026ナラティブの更新 • Jan 07DXCM: Medicare Support And New Sensor Duration Will Sustain Long-Term ConfidenceAnalysts nudged their fair value estimate for DexCom slightly higher to about $85 per share, citing a generally supportive regulatory backdrop for continuous glucose monitors and noting that recent price target cuts still reflect confidence in the company’s long term patient growth and product profile. Analyst Commentary Recent research updates on DexCom highlight a mix of optimism around the core continuous glucose monitor franchise and caution around guidance, pricing, and execution into 2026.ナラティブの更新 • Dec 15DXCM: Medicare Reimbursement Stability Will Support Confidence Despite Emerging Legal And Safety HeadlinesAnalysts have nudged our DexCom fair value estimate slightly higher, from $84.31 to $84.85, as they balance recent price target cuts with continued Buy and Outperform ratings that point to resilient growth, stable margins, and a favorable regulatory and product backdrop. Analyst Commentary Street research continues to reflect a constructive long term view on DexCom, even as recent reports incorporate more conservative assumptions and lower base case price targets.お知らせ • Dec 04Dexcom Launches New Education Offering, Dexcom AcademyDexcom, Inc. announced the launch of Dexcom Academy, a new personalised learning platform created with healthcare professionals (HCPs) and for healthcare professionals. The platform is now available in Belgium, Germany, the Kingdom of Saudi Arabia, the Netherlands, and Spain with further EMEA country launches planned for 2026. Dexcom Academy is a new personalised learning platform to strengthen confidence in CGM use and support consistent, high-quality diabetes care. Guided directly by HCP insights, Dexcom Academy has been designed to strengthen confidence in CGM using and support consistent, high- quality diabetes care - without adding to clinical burden. Available as both desktop learning and an intuitive mobile app, the platform allows HCPs to choose learning resources about CGM and diabetes most suitable for their needs through short, flexible, easy-to-digest modules that fit seamlessly into busy schedules. In shaping Dexcom Academy, Dexcom worked closely with HCPs across EMEA to understand what would genuinely support them in practice. Many reported that existing education options could feel overwhelming, too generic, or not tailored to their speciality or experience level. They also shared a desire for practical content that would enhance confidence during patient consultations. This feedback aligns with insights from the Dexcom State of Type 2 Report, which found that 38% of surveyed HCPs across EME A believed that ongoing education about the latest diabetes technology could help overcome the challenges they faced when caring for people with type 2 diabetes1. Dexcom Academy directly addresses this need, providing clear, accessible education that supports effective adoption of CGM for both Type 1 and Type 2 diabetes. A practical, flexible platform that supports confident CGM use: Dexcom Academy provides structured learning pathways suitable for different levels of experience, including practical case studies based on real clinical scenarios. The platform offers: Training on Dexcom G7 and Dexcom ONE+ and the full Dexcom portfolio of software. Education beyond product with a broader range of clinical scenarios, evidence overviews and much more. Personalised and customisable learning options with bite-sized resources and learning options designed for flexible, individual paced learning. Certification courses to support professional development. Practical, consultation-ready content that helps HCPs apply learning immediately. Educational resources to support patient understanding. Opportunities to share best practice across the clinical community. By providing accessible, evidence-based education, Dexcom Academy helps equip HCPs with the clarity, confidence, and understanding needed to support consistent, high-quality CGM use across diverse patient populations. A long-term commitment to supporting diabetes care. Dexcom Academy reflects Dexcom's commitment to supporting diabetes care.お知らせ • Dec 01Kessler Topaz Meltzer & Check, LLP Announces Securities Fraud Class Action Lawsuit Files against DexCom, IncThe law firm of Kessler Topaz Meltzer & Check, LLP informed investors that securities class action lawsuits have been filed against DexCom, Inc. on behalf of those who purchased or otherwise acquired DexCom securities between January 8, 2024, and September 17, 2025, inclusive. The lead plaintiff deadline is December 26, 2025. The complaints allege that, throughout the Class Period, Defendants made false and/or misleading statements and/or failed to disclose that: DexCom had made material design changes to its G6 and G7 continuous glucose monitoring systems that were unauthorized by the FDA; the foregoing design changes rendered the G6 and G7 less reliable than their prior iterations, presenting a material health risk to users relying on those devices for accurate glucose readings; DexCom’s purported enhancements to the G7, as well as the device’s reliability, accuracy, and functionality, were overstated; DexCom downplayed the true scope and severity of the issues and health risks posed by adulterated G7 devices; all the foregoing subjected DexCom to an increased risk of heightened regulatory scrutiny and enforcement action, as well as significant legal, reputational, and financial harm; and as a result, Defendants’ public statements were materially false and/or misleading at all relevant times.ナラティブの更新 • Nov 29DXCM: Medicare Payment Developments Will Drive Confidence Despite Recent Short-Term WeaknessDexCom's analyst price target has decreased modestly to approximately $84.31 from $84.96, as analysts cite a mix of positive Medicare policy developments and tempered optimism following company guidance updates and recent survey data. Analyst Commentary Recent analyst research on DexCom reflects both optimism about the company's long-term prospects and concerns regarding near-term execution and growth trends.お知らせ • Nov 21Dexcom, Inc. Announces the Dexcom G7 15 Day Continuous Glucose Monitoring System for People over the Age of 18 with DiabetesDexcom, Inc. announced the Dexcom G7 15 Day Continuous Glucose Monitoring (CGM) System for people over the age of 18 with diabetes will launch in the United States on Dec. 1. At initial launch, Dexcom G7 15 Day will be available for users who receive their Dexcom CGM through DME providers. G7 15 Day will also be covered for Medicare beneficiaries and has met the category requirements for therapeutic CGM systems set forth by the U.S. Centers for Medicare & Medicaid Services. For people between the ages 2 to 18, Dexcom G7 remains the most accurate2 continuous glucose monitoring system available. Designed to provide real-time glucose readings for an industry-leading 15.5 days, Dexcom G7 15 day will be available in the U.S. for people over the age of18 with diabetes beginning on Dec. 1, 2025. With an overall MARD of 8.0%, Dexcom G7 15 Day builds on the performance of Dexcom CGM, which is clinically proven to lower A1C, reduce hyper- and hypoglycemia, and increase time in range.4-7 Available first through DME, the upcoming launch of Dexcom G7 15 Day is a significant advancement in glucose management for people with diabetes, especially those with Medicare coverage. New with Dexcom G7 15 Day: Longest lasting,+, CGM system with 15.5 days of wear. Best-in-class accuracy with an overall MARD of 8.,3, Easier glucose management with fewer monthly sensor changes and reduced monthly waste. Dexcom G7 features included with Dexcom G7 15 day: The only waterproofSS CGM available, keeping more connected. Manage diabetes, hands-free. Connect sensor directly to Apple Watch, so can leave iPhone behind and still see glucose numbers. Automated activity logging,# simplified meal logging, and new medication logging# help user better understand how activity, food, and medications impact user glucose in real time. 12-hour grace period to replace finished sensors for a more seamless transition between sessions. Innovative and simple mobile app with Dexcom Clarity integration to easily view glucose patterns, trends and statistics via a range of interactive reports. Ability to remotely share glucose numbers with caregivers and loved ones for added support and peace of mind. Enhanced and customizable alert settings for improved discretion. At launch, Dexcom G715 Day will connect with the iLet Bionic Pancreas and Omnipod®? 5SSSS. The company are working closely with Tandem and look forward to extending the launch to their customers shortly as they finalize integration. For specific information on pump compatibility and availability with the Dexcom G7 15 day system, visit Dexcom.com/connected diabetes.お知らせ • Nov 19Dexcom, Inc. Receives FDA Clearance Becoming the First and Only CGM-Integrated Basal Insulin Dosing Optimizer for Type 2 DiabetesDexcom, Inc. announced the FDA has cleared Dexcom Smart Basal, the first and only CGM-integrated basal insulin dosing optimizer designed for adults with Type 2 diabetes on glargine U-100 long-acting insulin therapy.1 Dexcom Smart Basal will use Dexcom G7 15 Day sensor data and logged doses to calculate personalized daily recommendations to guide users towards a more effective long-acting insulin dose, as directed by their healthcare provider. How Dexcom Smart Basal works: Dexcom Smart Basal begins with an initial basal insulin dose set by a healthcare provider. Users will receive daily dose recommendations and reminders in the Dexcom G7 15 Day app. Dexcom Smart Basal looks at all of a user's CGM readings to adjust their personalized insulin dose recommendation, instead of using a single fasting blood glucose measurement. If low glucose events occur, Dexcom Smart Basal lowers the user's insulin dose recommendation by the amount set by their healthcare provider. Dexcom G7 15 Day also offers customizable low alerts that deliver proactive protection against hypoglycemic events and allow users to treat low glucose in real-time. When the user's glucose is consistently within the set target range, they'll receive their optimal dose and Dexcom Smart Basal will complete. Dexcom Smart Basal will be added to the Dexcom G7 15 day experience shortly after the product launches in the United States. Once Dexcom Smart Basal is available, healthcare providers can seamlessly integrate it into their workstreams by prescribing and configuring the system using Dexcom Clarity, saving time and simplifying care for patients. Efforts are underway to bring Dexcom Smart Basal to international markets in the future.ナラティブの更新 • Nov 15DXCM: Share Recovery Likely With Positive Setup Expected For 2026Analysts have lowered their price targets for DexCom, reducing the fair value estimate from $98.40 to $84.96. This reflects a reaction to recent conservative guidance, weaker growth outlook, and updated margin expectations.Recent Insider Transactions • Nov 14Interim CEO recently bought US$1.0m worth of stockOn the 10th of November, Jacob Leach bought around 18k shares on-market at roughly US$55.04 per share. This transaction amounted to 6.6% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Despite this recent buy, Jacob has been a net seller over the last 12 months, reducing personal holdings by US$275k.Recent Insider Transactions • Nov 12Interim CEO recently bought US$1.0m worth of stockOn the 10th of November, Jacob Leach bought around 18k shares on-market at roughly US$55.04 per share. This transaction amounted to 6.6% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Despite this recent buy, Jacob has been a net seller over the last 12 months, reducing personal holdings by US$275k.分析記事 • Nov 02Earnings Beat: DexCom, Inc. Just Beat Analyst Forecasts, And Analysts Have Been Updating Their ModelsAs you might know, DexCom, Inc. ( NASDAQ:DXCM ) just kicked off its latest quarterly results with some very strong...Reported Earnings • Nov 02Third quarter 2025 earnings: EPS and revenues exceed analyst expectationsThird quarter 2025 results: EPS: US$0.73 (up from US$0.34 in 3Q 2024). Revenue: US$1.21b (up 22% from 3Q 2024). Net income: US$283.8m (up 111% from 3Q 2024). Profit margin: 24% (up from 14% in 3Q 2024). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 2.6%. Earnings per share (EPS) also surpassed analyst estimates by 27%. Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 8.4% growth forecast for the Medical Equipment industry in the US. Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has fallen by 20% per year, which means it is significantly lagging earnings.Valuation Update With 7 Day Price Move • Oct 31Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to US$58.20, the stock trades at a forward P/E ratio of 26x. Average trailing P/E is 28x in the Medical Equipment industry in the US. Total loss to shareholders of 49% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at US$115 per share.ナラティブの更新 • Oct 31DXCM: Expanding Reimbursement Will Drive Gains Despite Market UncertaintyThe consensus analyst price target for DexCom was recently lowered, with the average fair value estimate moving down by less than $1 to approximately $98.40. Analysts cite investor concerns around the company’s conservative guidance and gross margin pressure, but remain generally positive on long-term growth and patient retention trends.お知らせ • Oct 31DexCom, Inc. Raises Earnings Guidance for the Fiscal Year 2025DexCom, Inc. raised earnings guidance for the fiscal year 2025. For the year, the company expected revenue of $4.630 billion - $4.650 billion (approximately 15% growth).お知らせ • Oct 29Bragar Eagel & Squire, P.C. Files Class Action Lawsuit Against Dexcom, IncBragar Eagel & Squire, P.C., announced that a class action lawsuit has been filed against DexCom, Inc. in the United States District Court for the Southern District of New York on behalf of all persons and entities who purchased or otherwise acquired DexCom securities between July 26, 2024 and September 17, 2025, both dates inclusive (the “Class Period”). Investors have until December 26, 2025 to apply to the Court to be appointed as lead plaintiff in the lawsuit. The Complaint alleges that, throughout the Class Period, Defendants made materially false and misleading statements regarding the Company's business, operations, and compliance policies. Specifically, Defendants made false and/or misleading statements and/or failed to disclose that: (i) DexCom had made material design changes to the G6 and G7 unauthorized by the United States Food and Drug Administration (the "FDA"); (ii) the foregoing design changes rendered the G6 and G7 less reliable than their prior iterations, presenting a material health risk to users relying on those devices for accurate glucose readings; (iii) accordingly, Defendants' purported enhancements to the G7, as well as the device's reliability, accuracy, and functionality, were overstated; (iv) Defendants downplayed the true scope and severity of the issues and health risks posed by adulterated G7 devices; (v) all the foregoing subjected DexCom to an increased risk of heightened regulatory scrutiny and enforcement action, as well as significant legal, reputational, and financial harm; and (vi) as a result, Defendants' public statements were materially false and/or misleading at all relevant times.お知らせ • Oct 28DexCom, Inc. Appoints Euan Ashley to Board of Directors, Effective October 24, 2025DexCom, Inc. announced the appointment of Euan Ashley to its Board of Directors, effective October 24, 2025. Dr. Ashley is a renowned researcher, entrepreneur, and clinician with extensive leadership experience at healthcare research institutions and private organizations. He currently serves as Chair of the Department of Medicine at Stanford University, overseeing Stanford's largest department with 15 divisions and over 800 faculty. Dr. Ashley’s research extends across precision medicine, data science, artificial intelligence, and digital health. He has also co-founded seven biotechnology companies and serves as the co-director of Stanford’s biomedical innovation-translation program, Catalyst, which invests in the university’s most promising biomedical innovations. Dr. Ashley brings to the Dexcom Board a leading clinical perspective for strategic guidance related to medical technology development and healthcare innovation. Dr. Euan Ashley currently serves as Chair of the Department of Medicine of Stanford University. Dr. Ashley has held various roles at Stanford University since 2006, including Chair of the Department of Medicine from 2024 to present, Associate Dean from 2019 to 2024, Co-Director of Stanford Medicine Catalyst from 2019 to present, and Professor of Medicine, Genetics and Biomedical Data Science from 2006 to present. Dr. Ashley founded the Center for Inherited Cardiovascular Disease in 2009 and the Clinical Genomics program in 2014. Dr. Ashley has founded several biotechnology companies including Personalis Inc. ($PSNL), a personalized cancer testing company (2012); Deepcell, Inc., a single cell analysis company (2016); Svexa, a human performance artificial intelligence company (2019); Saturnus Bio, a therapeutics company (2024); and Swift Bio, a genomic diagnostics company (2025). From 2020 to present, Dr. Ashley has served on the Board of Directors of AstraZeneca Plc, a pharmaceutical company. Dr. Ashley received a Bachelor’s degree in Physiology from the University of Glasgow, a Doctor of Medicine from the University of Glasgow, and a Doctor of Philosophy from the University of Oxford. He was trained in Cardiology at Stanford University.ナラティブの更新 • Oct 17Insurance Reimbursement And Digital Health Integration Will Unlock Global PotentialDexCom's average analyst price target has decreased by approximately $1.58 to around $98.96. Analysts are recalibrating their outlook in light of mixed survey results and a shift in assumptions around reimbursement trends and profitability expectations.ナラティブの更新 • Oct 03Insurance Reimbursement And Digital Health Integration Will Unlock Global PotentialAnalysts have modestly reduced DexCom's fair value estimate by approximately $1.54 to $100.54 per share. This change reflects slightly lower revenue growth projections and recent adjustments in price targets based on mixed survey data and evolving reimbursement trends.お知らせ • Oct 02DexCom, Inc. to Report Q3, 2025 Results on Oct 30, 2025DexCom, Inc. announced that they will report Q3, 2025 results at 4:00 PM, US Eastern Standard Time on Oct 30, 2025お知らせ • Sep 16+ 1 more updateDexCom, Inc. Announces CEO Changes, Effective September 14, 2025Effective September 14, 2025, Kevin R. Sayer, Chief Executive Officer (principal executive officer) of DexCom, Inc. is taking a temporary medical leave of absence. Accordingly, effective September 14, 2025, Dexcom’s Board of Directors (the “Board”) appointed Jacob S. Leach, President and Chief Operating Officer, to serve as Dexcom’s interim principal executive officer, in addition to his current duties.お知らせ • Sep 15Dexcom, Inc. Spotlights Upcoming Feature Launches, Improved Health Outcomes and Cost-Effectiveness with Dexcom Glucose Biosensing At EASD 2025DexCom, Inc. announced it will present new product features and a compilation of new evidence that shows the benefits of its glucose biosensing technology for people with all types of diabetes at the upcoming 61st annual European Association for the Study of Diabetes (EASD) Conference. Dexcom CGM: The choice for improving health outcomes and cost-effectiveness across diabetes types: Dexcom is presenting several abstracts during the five-day conference showcasing clinical and real-world evidence that support the benefits of Dexcom glucose biosensing. Key abstract highlights include: Glycaemic control and pregnancy outcomes with real-time continuous glucose monitoring in gestational diabetes (GRACE): an open-label, international, randomised controlled trial: CGM use by women with gestational diabetes reduced the risk of babies being born large for their gestational age and demonstrated better glycaemic control compared to women with gestational diabetes using fingersticks, reinforcing CGM should be offered as a standard of care to women with gestational diabetes. The effects of pre-meal and post-meal exercise on postprandial glucose excursions in pregnant women with type 1 diabetes: Dexcom CGM data identified how pregnant women with Type 1 diabetes can optimize their glucose excursions around meals with exercise, revealing a simple but powerful tool to potentially help prevent maternal-neonatal complications that are linked with impaired glucose excursions. Real-time continuous glucose monitoring vs hourly point-of-care testing in diabetic ketoacidosis: impact on clinical outcomes: Remote real-time monitoring with Dexcom CGM can be safe and effective for hospitalized adults suffering from Diabetic Ketoacidosis (DKA), reducing the need for point of care glucose tests. Other previous research from Dexcom around DKA includes the COACH study which showcased the low incidence rate of DKA and the effectiveness of CGM in preventing hypoglycemia for people with diabetes outside of the hospital setting. When participants in the COACH study were switched from fingersticks to Dexcom CGM, hypoglycemic events were reduced by nearly 65%. Cost-effectiveness of real-time continuous glucose monitoring for people with type 2 diabetes on insulin therapy in Japan: A new model projected CGM is more cost-effective for people with Type 2 diabetes on insulin therapies in Japan than fingersticks; and it can reduce eye, renal, neuropathy and cardiovascular complications, adding quality-adjusted life years for these patients.Recent Insider Transactions Derivative • Sep 10Independent Director notifies of intention to sell stockKyle Malady intends to sell 667 shares in the next 90 days after lodging an Intent To Sell Form on the 5th of September. If the sale is conducted around the recent share price of US$80.86, it would amount to US$54k. Since March 2025, Kyle's direct individual holding has increased from 15.53k shares to 18.14k. Company insiders have collectively sold US$10m more than they bought, via options and on-market transactions in the last 12 months.Valuation Update With 7 Day Price Move • Aug 06Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to US$75.46, the stock trades at a forward P/E ratio of 33x. Average trailing P/E is 28x in the Medical Equipment industry in the US. Total loss to shareholders of 11% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at US$117 per share.Reported Earnings • Jul 31Second quarter 2025 earnings: EPS and revenues exceed analyst expectationsSecond quarter 2025 results: EPS: US$0.46 (up from US$0.36 in 2Q 2024). Revenue: US$1.16b (up 15% from 2Q 2024). Net income: US$179.8m (up 25% from 2Q 2024). Profit margin: 16% (up from 14% in 2Q 2024). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 2.9%. Earnings per share (EPS) also surpassed analyst estimates by 5.5%. Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 8.2% growth forecast for the Medical Equipment industry in the US. Over the last 3 years on average, earnings per share has increased by 30% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings.お知らせ • Jul 31+ 2 more updatesDexcom, Inc. Announces Chief Executive Officer Changes, Effective January 1, 2026On July 25, 2025, Kevin R. Sayer notified the Board of Directors of DexCom, Inc. of his intent to retire from his role as Chief Executive Officer effective January 1, 2026. In conjunction with Mr. Sayer’s retirement, on July 25, 2025, the Board appointed Jacob S. Leach, age 47, as the Chief Executive Officer of the Company, effective as of January 1, 2026. Mr. Leach previously served as the President and Chief Operating Officer of the Company. As a result of the above changes, effective on January 1, 2026, Mr. Leach will be the Company’s sole principal executive officer and principal operating officer. Mr. Leach has helped steer the company’s biosensing platforms since the launch of its first commercial system. He has held roles of increasing responsibility across his 21-year tenure with the company. He served as executive vice president and chief technology officer from 2018 through 2022, transitioning to executive vice president and chief operating officer in late 2022. In May 2025, he was promoted to the expanded role of president and chief operating officer, assuming the additional responsibility of oversight for the company’s strategy and corporate development efforts.お知らせ • Jul 29Dexcom Launches Revolutionary AI-Powered Meal Logging Feature Across Glucose Biosensing PortfolioDexCom, Inc. announced it has released a new AI-powered photo meal logging feature to Stelo, the first over-the-counter glucose biosensor cleared by the FDA in the United States, following the feature's launch on Dexcom G7 earlier this year. Users can now take a photo of their food in their Stelo or Dexcom G7 app where AI will automatically identify the ingredients and populate the meal description. Dexcom's Smart Food Logging feature encourages and enables users to log their meals more consistently. Stelo and Dexcom G7 users can now simply take a photo of their food In the app where AI will automatically identify The ingredients and populate the meal description". The addition of Smart Food Logging is yet another demonstration of Dexcom's commitment to continued innovation and AI. This new feature joins other recently announced enhancements across Dexcom's glucose biosensing portfolio, including: Weekly Insights in Stelo: The first GenAI feature in Stelo, which offers users more personalized tips, recommendations, and education related to diet, exercise, and sleep that are contextualized within the Stelo app. Stelo integration with Oura: The first-ever integration of glucose biosensing data in the Oura app. When Stelo is synced with Oura, users have a holistic view of their body's biometrics, now including glucose. This integration empowers users to understand the impact of different health behaviors and work towards optimal metabolic health. Customizable target range in Dexcom G7: A new feature that enables users to adjust their glucose target ranges in Clarity Card within the Dexcom G7 app, beyond default settings - allowing for greater personalization across user groups. Glucose Impact in Dexcom G7 and Stelo: Glucose Impact offers a new focused view for logged events to see a clearer picture and gain a deeper understanding of how meals, activities, and sleep patterns affect glucose levels. Stelo and DexcomG7 users can now access the Smart Food Logging feature by updating to the latest version of the app on iOS and Android platforms.分析記事 • Jul 22We Think DexCom (NASDAQ:DXCM) Can Manage Its Debt With EaseSome say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...分析記事 • Jul 09DexCom's (NASDAQ:DXCM) Returns On Capital Are Heading HigherIf we want to find a potential multi-bagger, often there are underlying trends that can provide clues. Firstly, we'd...お知らせ • Jul 02DexCom, Inc. to Report Q2, 2025 Results on Jul 30, 2025DexCom, Inc. announced that they will report Q2, 2025 results After-Market on Jul 30, 2025お知らせ • Jun 24Stelo Files Suit in Federal District Court for the Central District of California Against Dexcom, IncStelo has filed suit in Federal District Court for the Central District of California against San Diego-based Dexcom, Inc. asserting that the latter's recently launched, over-the-counter Stelo Wearable Glucose Biosensor sold to pre-diabetic patients has caused, and will continue to cause, unwarranted consumer confusion that Stelo is affiliated with Dexcom. Specifically, since the launch of the Stelo biosensor, more than 3,000 of its customers have contacted Stelo seeking customer support for their software-based biosensor, including complaints directed to the efficacy of the system. To date, Dexcom has been unwilling to address the confusion of its customers or the misplaced association of Dexcom with Stelo. The complaint alleges that Dexcom launched its Stelo biosensor despite knowing of Stelo's separate software business and despite the fact that the United States Patent and Trademark Office issued an Office Action denying Dexcom's effort to register a Stelo trademark for use of its biosensor. Since its launch in August of 2024, and because of Dexcom's strong marketing push supporting the first over-the-counter continuous glucose monitor for prediabetic patients, public attention now overwhelmingly associates Stelo with Dexcom. The relevant public associates Stelo, the software company, as an affiliate of Dexcom. This misplaced affiliation had destroyed the independent goodwill Stelo built in the name. Stelo intends to ask the court to preliminarily enjoin Dexcom use of the Stelo name with respect to its biosensor to quell consumer confusion and mitigate Stelo's customer support being inundated with health-related and software support questions from concerned Dexcom customers. The lawsuit asserted both Federal, state, and common law claims for trademark infringement as well as for unfair competition. In addition to seeking to enjoin Dexcom's use of the Stelo name, Stelo seeks compensatory damages for its loss of goodwill as well as its efforts to correct the public misconception that Stelo is somehow affiliated with Dexcom. Stelo is represented in this matter by Fox Rothschild LLP.Valuation Update With 7 Day Price Move • May 08Investor sentiment improves as stock rises 17%After last week's 17% share price gain to US$83.35, the stock trades at a forward P/E ratio of 40x. Average trailing P/E is 30x in the Medical Equipment industry in the US. Total returns to shareholders of 5.9% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at US$114 per share.Reported Earnings • May 02First quarter 2025 earnings: Revenues exceed analysts expectations while EPS lags behindFirst quarter 2025 results: EPS: US$0.27 (down from US$0.38 in 1Q 2024). Revenue: US$1.04b (up 13% from 1Q 2024). Net income: US$105.4m (down 28% from 1Q 2024). Profit margin: 10% (down from 16% in 1Q 2024). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 1.8%. Earnings per share (EPS) missed analyst estimates by 12%. Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 8.0% growth forecast for the Medical Equipment industry in the US. Over the last 3 years on average, earnings per share has increased by 34% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings.お知らせ • May 02+ 1 more updateDexCom, Inc. Reiterates Earnings Guidance for the Fiscal Year 2025DexCom, Inc. reiterated earnings guidance for the fiscal year 2025. The company is reiterating revenue of $4.60 billion (14% growth).お知らせ • Apr 10Dexcom, Inc. Announces FDA Clearance of Dexcom G7 15 Day Continuous Glucose Monitoring SystemDexcom, Inc. announced the FDA has cleared the Dexcom G7 15 Day Continuous Glucose Monitoring System for people over the age of 18 with diabetes in the United States. With an overall MARD of 8.0%, Dexcom G7 15 Day builds on the performance of Dexcom CGM, which is clinically proven to lower A1C, reduce hyper- and hypoglycemia and increase time in range.お知らせ • Apr 03DexCom, Inc. to Report Q1, 2025 Results on May 01, 2025DexCom, Inc. announced that they will report Q1, 2025 results After-Market on May 01, 2025お知らせ • Mar 29DexCom, Inc., Annual General Meeting, May 08, 2025DexCom, Inc., Annual General Meeting, May 08, 2025.お知らせ • Mar 26DexCom, Inc. Appoints Jon Coleman as Chief Commercial OfficerDexCom, Inc. announced the appointment of Jon Coleman as chief commercial officer. In this role, Mr. Coleman will assume responsibility for Dexcom’s global commercial organization, including global sales, marketing and customer experience. Mr. Coleman joins Dexcom with more than 30 years of global commercial leadership experience across multiple healthcare segments and channels. Mr. Coleman served as an executive officer of Masimo Corporation, where he held roles of increasing responsibility across his fifteen-year tenure. This included serving as president of Masimo’s commercial teams where he oversaw the consolidation of its worldwide hospital sales, OEM, alternate care sales, and clinical teams along with the customer service and hospital conversion teams. Mr. Coleman also held significant roles at Pfizer’s Consumer Healthcare business, leading as vice president and general manager of Canada and the Caribbean region after several years of regional leadership in Asia and Latin America. Across his various roles at these organizations, Mr. Coleman established a track record of scaling operations, developing innovative products, entering new markets, and delivering strong growth performance. Prior to his role as president – Worldwide OEM & Global Health at Masimo, Mr. Coleman held several roles of increasing responsibility at Masimo including president – Worldwide Sales, Professional Services, Medical Affairs, and OEM and president – International. Before joining Masimo, he was general manager – Americas region for Targus Group International, Inc. Before that, Mr. Coleman spent more than a decade in leadership of the Consumer Healthcare business at Pfizer, revitalizing growth as vice president and general manager – Canada and Caribbean region and driving double-digit growth as region director – Asia. Before joining Pfizer, Mr. Coleman began his career with roles at the Procter & Gamble Company and Bain & Company. Mr. Coleman earned an M.B.A. from Harvard Business School and a Bachelor of Arts degree in International Relations from Brigham Young University.Recent Insider Transactions • Mar 17Executive Chairman recently sold US$2.3m worth of stockOn the 12th of March, Kevin Sayer sold around 32k shares on-market at roughly US$70.38 per share. This transaction amounted to 12% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger sale worth US$2.9m. Kevin has been a net seller over the last 12 months, reducing personal holdings by US$5.2m.お知らせ • Mar 10DexCom, Inc. Appoints Renée Galá as A DirectorDexCom, Inc. announced the appointment of Renée Galá as a director, effective March 6, 2025. Ms. Galá is an accomplished executive with significant financial, strategic and operational leadership experience across the life sciences sector. She currently serves as President and Chief Operating Officer of Jazz Pharmaceuticals Public Limited Company, a global biopharmaceutical company with greater than $4 billion in total revenues in 2024 whose purpose is to innovate to transform the lives of patients and their families. In this role for Jazz Pharmaceuticals, Ms. Galá oversees global business operations including commercial operations, research and development, manufacturing, corporate strategy and quality. She brings to the Dexcom Board a strong track record of strategic and financial leadership at high-growth companies, including oversight of key international expansion initiatives and business development collaborations.Valuation Update With 7 Day Price Move • Mar 10Investor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to US$70.72, the stock trades at a forward P/E ratio of 36x. Average trailing P/E is 32x in the Medical Equipment industry in the US. Total loss to shareholders of 31% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at US$114 per share.Seeking Alpha • Mar 04DexCom: Valuation Does Not Factor In Slowing GrowthSummary DexCom's growth is slowing, with 2024 marking the slowest growth year in a decade and 2025 expected to follow suit with ~14% growth. Intensifying competition from Abbott and Medtronic and the rise of GLP-1 drugs pose significant threats to DXCM's market position and growth projections. The valuation of DXCM at 43x non-GAAP forward P/E and 7.5x forward price to sales does not adequately factor in these emerging risks. Given the current competitive landscape and potential market disruptions, I recommend a sell rating on DXCM to lock in gains. Read the full article on Seeking AlphaBuy Or Sell Opportunity • Feb 19Now 20% undervaluedOver the last 90 days, the stock has risen 20% to US$89.68. The fair value is estimated to be US$112, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 18% over the last 3 years. Earnings per share has grown by 40%. For the next 3 years, revenue is forecast to grow by 13% per annum. Earnings are also forecast to grow by 19% per annum over the same time period.お知らせ • Feb 15Dexcom, Inc. Reiterates Its Earnings Guidance for the Year 2025DexCom, Inc. reiterating its earnings guidance for the year 2025. For the year, company anticipated total revenue of $4.60 billion (14% growth).Reported Earnings • Feb 14Full year 2024 earnings: EPS misses analyst expectationsFull year 2024 results: EPS: US$1.46 (up from US$1.40 in FY 2023). Revenue: US$4.03b (up 11% from FY 2023). Net income: US$576.2m (up 6.4% from FY 2023). Profit margin: 14% (in line with FY 2023). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 7.8%. Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 7.9% growth forecast for the Medical Equipment industry in the US. Over the last 3 years on average, earnings per share has increased by 40% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings.Recent Insider Transactions • Jan 31Executive Chairman recently sold US$2.9m worth of stockOn the 29th of January, Kevin Sayer sold around 33k shares on-market at roughly US$86.91 per share. This transaction amounted to 14% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Kevin has been a net seller over the last 12 months, reducing personal holdings by US$6.9m.Seeking Alpha • Jan 17DexCom: Fairly Priced In 2025; Why I'm Not Expecting A Share Price ComebackSummary DexCom, Inc.'s growth is impressive but limited by its niche market, with my projected ceiling being ~$7.5bn in peak annual revenues. Despite positive Q4 2024 results, DexCom's stock is fairly valued, with muted enthusiasm from Wall Street today, and a "Hold" rating for me for 2025. I suspect the market overestimated DexCom's mass-market potential, leading to a reality check and a savage bear run on its stock in the past year. Future growth hinges on expanding into new markets and developing diverse products, but significant breakthroughs are likely years away. This is a great product for a specific market, not a mass-market. Read the full article on Seeking Alphaお知らせ • Jan 13+ 1 more updateDexCom, Inc. to Report Q4, 2024 Results on Feb 13, 2025DexCom, Inc. announced that they will report Q4, 2024 results After-Market on Feb 13, 2025Seeking Alpha • Dec 10DexCom: Brighter 2025 From Stelo RampSummary DexCom faces challenges in 2024 due to competition and missteps, but the long-term outlook for continuous glucose monitors remains strong. Q3 revenue grew only 2% y/y to $994.2 million, with temporary and long-lasting headwinds impacting growth and margins. The new over-the-counter Stelo CGM launched in August, offering a new growth vector and targeting non-insulin users, with significant ramp-up expected in 2025. Despite current difficulties, improved execution and a successful Stelo ramp-up in 2025 are crucial for DexCom to regain its growth trajectory. Read the full article on Seeking AlphaReported Earnings • Oct 25Third quarter 2024 earnings: EPS misses analyst expectationsThird quarter 2024 results: EPS: US$0.34 (up from US$0.31 in 3Q 2023). Revenue: US$994.2m (up 2.0% from 3Q 2023). Net income: US$134.6m (up 12% from 3Q 2023). Profit margin: 14% (up from 12% in 3Q 2023). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 17%. Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 8.2% growth forecast for the Medical Equipment industry in the US. Over the last 3 years on average, earnings per share has increased by 29% per year but the company’s share price has fallen by 22% per year, which means it is significantly lagging earnings.Seeking Alpha • Oct 25DexCom Growing Into Its Valuation, But Still No BargainSummary DexCom's stock has declined 35% since my last bearish article, validating my "Sell" rating, though past bearish calls were incorrect as the stock previously doubled and tripled. Q3 results showed disappointing 2% revenue growth and a 26% decline in operating income, with U.S. revenue down 1.6% but international revenue up 11.8%. Increased competition from Medtronic and Abbott Laboratories, along with slowing growth rates, raises concerns about Dexcom's ability to maintain its market share. Despite improved valuation multiples, Dexcom remains overvalued; thus, I shift my rating from "Sell" to "Hold" but still consider it a watchlist candidate. Read the full article on Seeking Alphaお知らせ • Oct 25DexCom, Inc. Reiterates Earnings Guidance for the Fiscal Year 2024DexCom, Inc. reiterated earnings guidance for the fiscal year 2024. For the period, the company expects Revenue of approximately $4.00 billion to 4.05 billion (11 - 13% organic growth).Seeking Alpha • Oct 16DexCom Q3 Preview: Walking On Eggshells With Its Channel RelationshipsSummary DexCom's Q2 earnings report was disastrous, revealing internal sales channel issues and competitive pressures, leading to a Hold rating and lowered price targets. The company's reliance on channel sales, particularly DME partners, is crucial, and management's efforts to revitalize these relationships will be closely watched. Elevated inventory levels and potential margin pressures from expanding the sales force could further impact DexCom's financial performance in upcoming quarters. Key Q3 earnings factors include Stelo sales, updates on sales channels, and potential share buybacks amidst a challenging sales environment. Read the full article on Seeking Alphaお知らせ • Oct 12Kessler Topaz Meltzer & Check, LLP Files Class Action Lawsuit Against Dexcom, IncThe law firm of Kessler Topaz Meltzer & Check, LLP informs investors that a securities class action lawsuit has been filed in the United States District Court for the Southern District of California against DexCom, Inc. on behalf of investors who purchased or otherwise acquired DexCom securities between April 28, 2023 and July 25, 2024, inclusive The lead plaintiff deadline is October 21, 2024. The complaints allege that, throughout the Class Period, Defendants intentionally or recklessly misled investors by failing to disclose that: (1) DexCom’s sales force expansion strategy was causing slow customer growth; (2) DexCom’s sales force expansion strategy was undermining relationships with durable medical equipment distributors, its largest sales channel, leading to lower-margin revenue; (3) DexCom’s deteriorating relationships with DME distributors were causing the Company to lose significant market share to competitors; and (4) as a result of the foregoing, DexCom’s Class Period statements about its business, operations, and prospects were false and misleading.Seeking Alpha • Sep 19DexCom: Investors Discounting Long CGM Growth RunwaySummary DexCom's revised FY24 sales guidance in the Q2 earnings call led to a $18bn valuation reset, but management are optimistic about rebuilding BME sales channel. DexCom's newest G7 CGM competes closely with Abbott's FreeStyle Libre 3, both products have very similar features and design innovations. DexCom's forward multiples suggest the company is trading at a discount to slower growing peers Abbott Laboratories & Medtronic. Using Wall St estimates, by FY27, DexCom's valuation will have converged with peers but will experience significantly faster growth. The rise of GLP-1 drugs poses some risk to DexCom's T2D market, but CGMs are still likely to see a bigger T2D cohort overtime, as forecasted by multiple health agencies. Read the full article on Seeking Alpha株主還元DXCMUS Medical EquipmentUS 市場7D7.7%1.8%1.2%1Y-15.5%-17.9%28.7%株主還元を見る業界別リターン: DXCM過去 1 年間で-17.9 % の収益を上げたUS Medical Equipment業界を上回りました。リターン対市場: DXCMは、過去 1 年間で28.7 % のリターンを上げたUS市場を下回りました。価格変動Is DXCM's price volatile compared to industry and market?DXCM volatilityDXCM Average Weekly Movement5.6%Medical Equipment Industry Average Movement8.8%Market Average Movement7.2%10% most volatile stocks in US Market16.4%10% least volatile stocks in US Market3.1%安定した株価: DXCM 、 US市場と比較して、過去 3 か月間で大きな価格変動はありませんでした。時間の経過による変動: DXCMの 週次ボラティリティ ( 6% ) は過去 1 年間安定しています。会社概要設立従業員CEO（最高経営責任者ウェブサイト199911,050Jake Leachwww.dexcom.com医療機器メーカーであるDexCom, Inc.は、糖尿病とメタボリックヘルスの管理のための継続的グルコースモニタリング（CGM）システムの設計、開発、商品化に米国内外で注力している。同社は、統合型持続グルコースモニタリングシステムであるDexcom G7およびG7 15Day、CGMシステムであるDexcom G6、糖尿病治療の意思決定のための指血糖測定に代わるDexcom ONE+、インスリンを使用しない成人の糖尿病前症および2型糖尿病患者向けに設計されたバイオセンサーであるStelo、遠隔モニタリングシステムであるDexcom Share、およびDexcom Followアプリケーションを提供している。同社は製品を内分泌専門医、医師、糖尿病教育者に直接販売している。同社は1999年に設立され、カリフォルニア州サンディエゴに本社を置いている。もっと見るDexCom, Inc. 基礎のまとめDexCom の収益と売上を時価総額と比較するとどうか。DXCM 基礎統計学時価総額US$27.82b収益（TTM）US$930.40m売上高(TTM)US$4.82b29.9xPER（株価収益率5.8xP/SレシオDXCM は割高か？公正価値と評価分析を参照収益と収入最新の決算報告書（TTM）に基づく主な収益性統計DXCM 損益計算書（TTM）収益US$4.82b売上原価US$1.85b売上総利益US$2.96bその他の費用US$2.03b収益US$930.40m直近の収益報告Mar 31, 2026次回決算日該当なし一株当たり利益（EPS）2.41グロス・マージン61.50%純利益率19.31%有利子負債／自己資本比率42.0%DXCM の長期的なパフォーマンスは？過去の実績と比較を見るView Valuation企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/05/26 20:57終値2026/05/22 00:00収益2026/03/31年間収益2025/12/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレーク本レポートを生成するために使用した分析モデルの詳細は当社のGithubページでご覧いただけます。また、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋DexCom, Inc. 26 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。53 アナリスト機関Jeffrey JohnsonBairdTravis SteedBarclaysMatthew MiksicBarclays50 その他のアナリストを表示
ライブニュース • May 24DexCom Shares Jump Over 5% as CEO Buys Stock and Analysts Lift RatingDexCom shares recently moved more than 5% higher, outpacing a weaker broader market backdrop that included rising Treasury yields, geopolitical tensions and pressure on semiconductor stocks. The stock is trading below an estimated intrinsic GF Value of about US$102 compared with market levels referenced around US$61 to US$62, and carries a GF Score of 88/100. Q1 2026 worldwide revenue was US$1.19b versus US$1.04b a year earlier, while analysts have shifted their rating on DexCom to “Outperform” and CEO Kevin Sayer (referred to as CEO Leach in one source) has made an insider share purchase of about US$1m. The combination of analyst upgrades, insider buying and GF metrics that point to a gap between price and assessed value is helping support a more constructive view on DexCom’s prospects. Investors still need to watch issues such as gross margin pressure and mixed insider activity, since these can affect how much of the perceived valuation gap ultimately closes and how the stock behaves during periods of market volatility.
Recent Insider Transactions Derivative • May 22Executive Chairman of the Board notifies of intention to sell stockKevin Sayer intends to sell 27k shares in the next 90 days after lodging an Intent To Sell Form on the 21st of May. If the sale is conducted around the recent share price of US$72.00, it would amount to US$1.9m. Since March 2026, Kevin has owned 302.27k shares directly. Company insiders have collectively bought US$924k more than they sold, via options and on-market transactions, in the last 12 months.
Seeking Alpha • May 22DexCom Might Finally Be Cheap EnoughSummary DexCom is now rated a 'Buy' as improved fundamentals and a 15% lower stock price present a more attractive entry. Q1/26 results showed 15% revenue growth, and 90.9% operating income growth and raised 2026 guidance for both revenue and margins. Key growth drivers include international expansion, increased U.S. coverage for type 2 diabetics, and a $1B share buyback in 2026. With a P/FCF of 20 and intrinsic value estimates up to $115, DXCM appears slightly undervalued with high double-digit growth prospects. Read the full article on Seeking Alpha
Valuation Update With 7 Day Price Move • May 20Investor sentiment improves as stock rises 22%After last week's 22% share price gain to US$71.44, the stock trades at a forward P/E ratio of 28x. Average trailing P/E is 25x in the Medical Equipment industry in the US. Total loss to shareholders of 39% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at US$114 per share.
お知らせ • May 19Dexcom, Inc. Announces Dexcom Flex in GermanyDexCom, Inc. had announced Dexcom Flex, a new CGM system designed specifically for adults with Type 2 diabetes who are not using intensive insulin therapy. Dexcom Flex is made for people using basal insulin, oral medications or GLP-1 receptor agonists, expanding access to CGM technology for a broader Type 2 diabetes population. Dexcom Flex is a continuous glucose monitoring system that provides users with 24/7 glucose readings on a smartphone, smartwatch or receiver, without routine fingerpricks. The CGM system features real-time glucose monitoring with optional food and activity logging, developed to support people and their healthcare providers gain a clearer picture of how food, exercise, daily activities, and long-acting insulin impact glucose patterns. Optional and customisable low glucose alerts are designed to help prevent hypoglycemic events. Personalised glucose insights are created to aid users connect daily diet, activity and medication dosing decisions to glucose levels, supporting motivation and meaningful behaviour change. Dexcom Flex is designed to highlight the insights that matter most, supporting people to build confidence in understanding and responding to their glucose levels over time. Type 2 diabetes is a large and growing global health challenge with hundreds of millions of people living with the disease globally. Many people not using intensive insulin therapy have historically had limited access to CGM technology. Germany is among the European countries expanding the use of digital health tools in Type 2 diabetes care. The introduction of Dexcom Flex is intended to support healthcare providers and healthcare systems in broadening access to CGM across more diverse patient groups. Studies have shown that CGM use in people with Type 2 diabetes may support reductions in diabetes-related hospitalisations. The use of CGM is also associated with a reduction in long-term complications such as cardiovascular risks and reduced mortality in people with type 2 diabetes. People with Type 2 diabetes have also reported that CGM use has improved their confidence, increased their understanding of the impact of food on their glucose levels. Research has also shown that Dexcom CGM systems can help people with Type 2 diabetes using basal insulin reduce their HbA1c and increase the time spent in their target glucose range.
お知らせ • May 15DexCom, Inc. (NasdaqGS:DXCM) announces an Equity Buyback for $1,000 million worth of its shares.DexCom, Inc. (NasdaqGS:DXCM) announces a share repurchase program. Under the program, the company will repurchase up to $1,000 million worth of its shares. The plan will be valid till June 30, 2027.
ライブニュース • May 24DexCom Shares Jump Over 5% as CEO Buys Stock and Analysts Lift RatingDexCom shares recently moved more than 5% higher, outpacing a weaker broader market backdrop that included rising Treasury yields, geopolitical tensions and pressure on semiconductor stocks. The stock is trading below an estimated intrinsic GF Value of about US$102 compared with market levels referenced around US$61 to US$62, and carries a GF Score of 88/100. Q1 2026 worldwide revenue was US$1.19b versus US$1.04b a year earlier, while analysts have shifted their rating on DexCom to “Outperform” and CEO Kevin Sayer (referred to as CEO Leach in one source) has made an insider share purchase of about US$1m. The combination of analyst upgrades, insider buying and GF metrics that point to a gap between price and assessed value is helping support a more constructive view on DexCom’s prospects. Investors still need to watch issues such as gross margin pressure and mixed insider activity, since these can affect how much of the perceived valuation gap ultimately closes and how the stock behaves during periods of market volatility.
Recent Insider Transactions Derivative • May 22Executive Chairman of the Board notifies of intention to sell stockKevin Sayer intends to sell 27k shares in the next 90 days after lodging an Intent To Sell Form on the 21st of May. If the sale is conducted around the recent share price of US$72.00, it would amount to US$1.9m. Since March 2026, Kevin has owned 302.27k shares directly. Company insiders have collectively bought US$924k more than they sold, via options and on-market transactions, in the last 12 months.
Seeking Alpha • May 22DexCom Might Finally Be Cheap EnoughSummary DexCom is now rated a 'Buy' as improved fundamentals and a 15% lower stock price present a more attractive entry. Q1/26 results showed 15% revenue growth, and 90.9% operating income growth and raised 2026 guidance for both revenue and margins. Key growth drivers include international expansion, increased U.S. coverage for type 2 diabetics, and a $1B share buyback in 2026. With a P/FCF of 20 and intrinsic value estimates up to $115, DXCM appears slightly undervalued with high double-digit growth prospects. Read the full article on Seeking Alpha
Valuation Update With 7 Day Price Move • May 20Investor sentiment improves as stock rises 22%After last week's 22% share price gain to US$71.44, the stock trades at a forward P/E ratio of 28x. Average trailing P/E is 25x in the Medical Equipment industry in the US. Total loss to shareholders of 39% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at US$114 per share.
お知らせ • May 19Dexcom, Inc. Announces Dexcom Flex in GermanyDexCom, Inc. had announced Dexcom Flex, a new CGM system designed specifically for adults with Type 2 diabetes who are not using intensive insulin therapy. Dexcom Flex is made for people using basal insulin, oral medications or GLP-1 receptor agonists, expanding access to CGM technology for a broader Type 2 diabetes population. Dexcom Flex is a continuous glucose monitoring system that provides users with 24/7 glucose readings on a smartphone, smartwatch or receiver, without routine fingerpricks. The CGM system features real-time glucose monitoring with optional food and activity logging, developed to support people and their healthcare providers gain a clearer picture of how food, exercise, daily activities, and long-acting insulin impact glucose patterns. Optional and customisable low glucose alerts are designed to help prevent hypoglycemic events. Personalised glucose insights are created to aid users connect daily diet, activity and medication dosing decisions to glucose levels, supporting motivation and meaningful behaviour change. Dexcom Flex is designed to highlight the insights that matter most, supporting people to build confidence in understanding and responding to their glucose levels over time. Type 2 diabetes is a large and growing global health challenge with hundreds of millions of people living with the disease globally. Many people not using intensive insulin therapy have historically had limited access to CGM technology. Germany is among the European countries expanding the use of digital health tools in Type 2 diabetes care. The introduction of Dexcom Flex is intended to support healthcare providers and healthcare systems in broadening access to CGM across more diverse patient groups. Studies have shown that CGM use in people with Type 2 diabetes may support reductions in diabetes-related hospitalisations. The use of CGM is also associated with a reduction in long-term complications such as cardiovascular risks and reduced mortality in people with type 2 diabetes. People with Type 2 diabetes have also reported that CGM use has improved their confidence, increased their understanding of the impact of food on their glucose levels. Research has also shown that Dexcom CGM systems can help people with Type 2 diabetes using basal insulin reduce their HbA1c and increase the time spent in their target glucose range.
お知らせ • May 15DexCom, Inc. (NasdaqGS:DXCM) announces an Equity Buyback for $1,000 million worth of its shares.DexCom, Inc. (NasdaqGS:DXCM) announces a share repurchase program. Under the program, the company will repurchase up to $1,000 million worth of its shares. The plan will be valid till June 30, 2027.
ナラティブの更新 • May 07DXCM: Share Repurchases And Guidance Reaffirmation Will Support Future Healthcare MomentumAnalysts have trimmed their average price target on DexCom by about $3 to reflect slightly lower modeled revenue growth, a modestly reduced future P/E assumption, and updates to discount rate and margin expectations following a series of recent target changes across Wall Street firms. Analyst Commentary Recent research on DexCom has centered on fine tuning price targets and valuation assumptions rather than making wholesale changes to fundamental views.
お知らせ • May 03DexCom, Inc. Reiterates Earnings Guidance for the Fiscal Year 2026DexCom, Inc. reiterated earnings guidance for the fiscal year 2026. for the year, the company expects revenue of $5.16 billion - $5.25 billion (approximately 11-13% growth).
新しいナラティブ • May 02Type 2 Coverage Expansion And AI Features Will Shape A Balanced Long Term OutlookCatalysts About DexCom DexCom develops and sells continuous glucose monitoring systems used by people with diabetes around the world. What are the underlying business or industry changes driving this perspective?
Reported Earnings • May 01First quarter 2026 earnings: EPS and revenues exceed analyst expectationsFirst quarter 2026 results: EPS: US$0.52 (up from US$0.27 in 1Q 2025). Revenue: US$1.19b (up 15% from 1Q 2025). Net income: US$199.5m (up 89% from 1Q 2025). Profit margin: 17% (up from 10% in 1Q 2025). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 1.5%. Earnings per share (EPS) also surpassed analyst estimates by 13%. Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 7.9% growth forecast for the Medical Equipment industry in the US. Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has fallen by 20% per year, which means it is significantly lagging earnings.
ナラティブの更新 • Apr 22DXCM: AI Coaching And Share Repurchases Will Support Future Healthcare MomentumAnalysts have made a small trim to DexCom's implied value, cutting the analyst price target by about $0.25, as they balance slightly softer modeled growth and margins with generally supportive recent research, including multiple target increases following the latest medtech sector updates. Analyst Commentary Recent research on DexCom reflects a mix of optimism and caution as analysts adjust their models and targets across the medtech group.
お知らせ • Apr 17DexCom, Inc., Annual General Meeting, May 27, 2026DexCom, Inc., Annual General Meeting, May 27, 2026.
ナラティブの更新 • Apr 05DXCM: AI Coaching And Buybacks Will Support Future Healthcare MomentumAnalysts have nudged DexCom's fair value estimate higher to $87.13 from $86.12, citing a series of upward price target revisions that cluster around the low to mid $80s, while one firm maintains a more cautious view focused on rising competition. Analyst Commentary Recent research on DexCom reflects a split view, with several bullish analysts lifting price targets into the low to mid US$80s, while at least one bearish voice is positioning closer to the low US$70s.
お知らせ • Apr 03DexCom, Inc. to Report Q1, 2026 Results on Apr 30, 2026DexCom, Inc. announced that they will report Q1, 2026 results After-Market on Apr 30, 2026
ナラティブの更新 • Mar 22DXCM: AI Coaching And Buybacks Will Support Future Market Share ConfidenceDexCom's fair value estimate edges up by about $0.27 as analysts fine tune assumptions on the discount rate, revenue growth, profit margin, and future P/E, following a mix of price target changes across the Street, including recent upward revisions toward $84 to $86 and a lower $71 target tied to competition concerns. Analyst Commentary Recent Street research on DexCom reflects a split view, with some firms nudging targets higher into the mid $80s and others pushing back toward the low $70s on competition concerns.
ナラティブの更新 • Mar 08DXCM: AI Coaching And Share Repurchases Will Support Long-Term ConfidenceDexCom's intrinsic value estimate nudged higher to $85.85, with analysts modestly lifting price targets, often in the $1 to $12 range, as they weigh recent target increases against a Barclays downgrade that highlights rising competitive pressure in continuous glucose monitoring. Analyst Commentary Recent research on DexCom reflects a split tape, with several firms adjusting price targets higher by amounts in the low single digits to low teens, while one major firm has moved to a more cautious stance with a lower target and an Underweight rating.
Board Change • Mar 02High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Director Rick Osterloh was the last director to join the board, commencing their role in 2026. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.
お知らせ • Feb 27DexCom, Inc. Appoints Rick Osterloh to Board of Directors, Effective February 26, 2026DexCom, Inc. announced the appointment of Rick Osterloh to its Board of Directors, effective February 26, 2026. Rick Osterloh is a highly accomplished technology executive with more than 20 years of leadership experience across consumer hardware, platform strategy and large-scale product operations. He currently serves as Senior Vice President, Platforms & Devices at Google, where he leads a unified group spanning the company’s portfolio of advanced consumer technologies. This includes Android, Google Play, Chrome, and Google’s Devices and Services Portfolio—Pixel phones, Google Nest smart home devices, and Fitbit wearables. Under his leadership, Google has integrated its portfolio to align and accelerate the company’s advanced product capabilities across hardware, software and artificial intelligence. Mr. Osterloh brings to the Dexcom Board expertise in innovation oversight, strategic transactions and long-term strategic planning. Mr. Rick Osterloh serves as Senior Vice President, Platform & Devices at Google, leading a unified group spanning Android, Google Play, Chrome, and Google’s Devices & Services Portfolio (Pixel, Nest, Fitbit), a position he has held since 2016. Prior to this, Mr. Osterloh held additional senior leadership roles across consumer technologies. He served as President of Motorola Mobility from 2014-2016, and Senior Vice President, Product Management & GM Premium Products, Motorola Mobility from 2012-2014, overseeing global product strategy and operations during Motorola’s transition under Google and subsequently Lenovo. Prior to this, Mr. Osterloh served as Vice President, Product & Design at Skype from 2010-2012 and held earlier roles at Motorola, Amazon, Kleiner Perkins Caulfield & Byers and Deloitte. Mr. Osterloh received bachelor’s and master’s degrees in Industrial Engineering from Stanford University. He also obtained an MBA from Stanford Graduate School of Business.
ナラティブの更新 • Feb 21DXCM: Medicare Support And AI Coaching Rollout Will Sustain Long-Term ConfidenceOur updated DexCom narrative reflects a small increase in fair value to $85.46. Analysts point to a mix of modestly lower assumed revenue growth, slightly higher profit margin expectations, a reduced future P/E multiple, and a series of recent price target adjustments that are mostly higher in dollar terms despite some concerns around rising competition.
分析記事 • Feb 19The Strong Earnings Posted By DexCom (NASDAQ:DXCM) Are A Good Indication Of The Strength Of The BusinessEven though DexCom, Inc.'s ( NASDAQ:DXCM ) recent earnings release was robust, the market didn't seem to notice. Our...
Recent Insider Transactions Derivative • Feb 16Independent Director notifies of intention to sell stockBridgette Heller intends to sell 1k shares in the next 90 days after lodging an Intent To Sell Form on the 12th of February. If the sale is conducted around the recent share price of US$68.01, it would amount to US$69k. Since March 2025, Bridgette's direct individual holding has increased from 20.38k shares to 21.99k. Company insiders have collectively sold US$5.4m more than they bought, via options and on-market transactions in the last 12 months.
Reported Earnings • Feb 13Full year 2025 earnings: Revenues and EPS in line with analyst expectationsFull year 2025 results: EPS: US$2.14 (up from US$1.46 in FY 2024). Revenue: US$4.66b (up 16% from FY 2024). Net income: US$836.3m (up 45% from FY 2024). Profit margin: 18% (up from 14% in FY 2024). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) were also in line with analyst expectations. Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 7.7% growth forecast for the Medical Equipment industry in the US. Over the last 3 years on average, earnings per share has increased by 26% per year but the company’s share price has fallen by 15% per year, which means it is significantly lagging earnings.
お知らせ • Feb 13DexCom, Inc. Reiterates Earnings Guidance for the Fiscal Year 2026DexCom, Inc. reiterated earnings guidance for the fiscal year 2026. For the period, revenue of $5.16 - $5.25 billion (approximately 11-13% growth).
ナラティブの更新 • Feb 05DXCM: Medicare Support And AI Coaching Features Will Sustain Long-Term ConfidenceAnalysts made only a slight upward tweak to the DexCom price target to about US$85, reflecting small adjustments to their growth, margin and P/E assumptions as they balance caution on rising competition with support from recent positive research updates. Analyst Commentary Recent research on DexCom reflects a split view, with some analysts highlighting supportive policy signals and valuation upside, while others focus on intensifying competition and reduced price targets.
お知らせ • Feb 04Dexcom, Inc. to Roll Out an Advanced Ai-Enabled Enhancement to SteloDexcom, Inc. announced it will roll out an advanced AI-enabled enhancement to Stelo that will transform how users understand their glucose health and take steps in achieving their long-term health goals. The newest features will launch nationwide in the coming weeks. Last year, Dexcom introduced AI-driven Smart Food Loggingin Stelo, the first over-the-counter glucose biosensor cleared by the FDA in the United States. Now the company has expanded this feature by integrating a comprehensive nutrition database that provides a breakdown of calories, carbohydrates, protein, fat, dietary fibers, and more, for each logged meal, helping users better understand how food impacts their glucose and empowering them to make more informed dietary decisions. The database includes over one million food options with multiple ways to log a meal, including text search, barcode scanning or taking a photo of the meal, creating a seamless and intuitive meal tracking solution. Understanding the role of macronutrients such as carbohydrates, proteins, and fats is essential for maintaining healthy glucose levels. After using Stelo for 30 days, the majority of users indicated positive changes in their dietary and eating patterns, and improvements in physical activity and weight-management habits. By learning how different foods and specific macronutrients impact glucose levels with Stelo, users will be empowered with even more information to better understand and manage their metabolic health. Stelo will also launch a redesigned Daily Insights feature which will introduce a new interface with a sophisticated, card-based system. Users will receive up to three personalized recommendations based on their previous day's glucose, activity, nutrition, and sleep data. Each insight will highlight key individual metrics and provide contextual understanding. A fourth card will use behavioral science techniques to help users reflect on and act upon their metabolic health insights. The feature uses AI to maintain day-over-day context, ensuring consistent and evolving personalized coaching that adapts to individual patterns and progress. Stelo users will be able to access the enhanced Smart Food Logging and redesigned Daily Insights features by updating to the latest version of the app on iOS and Android platforms in the coming weeks. Dexcom is bringing these new features to Stelo as it finishes development and regulatory approvals for a completely reimagined Stelo app experience, launching later this year. To learn more about Stelo or to purchase, visit Stelo.com or Amazon.
ナラティブの更新 • Jan 22DXCM: Medicare Support And 2026 Sensor Expansion Will Sustain Long-Term ConfidenceOur DexCom price target edges down to about $85 from $85.27, reflecting slightly lower assumed profit margins and P/E multiple, partly offset by analysts citing supportive Medicare reimbursement commentary and mixed Street views on competition, valuation, and 2026 guidance. Analyst Commentary Recent research on DexCom highlights a clear split between bullish and bearish analysts, with views clustering around competition, execution on guidance, and how much investors are willing to pay for the stock through the P/E multiple.
お知らせ • Jan 13DexCom, Inc. Provides Preliminary Unaudited Earnings Guidance for the Fourth Quarter and Full Year Ended December 31, 2025 and Provides Earnings Guidance for the Fiscal Year 2026DexCom, Inc. provided preliminary unaudited earnings guidance for the fourth quarter and full year ended December 31, 2025 and provided earnings guidance for the fiscal year 2026. For the fourth quarter, the company expects total revenue to be approximately $1.260 billion, an increase of 13% over the fourth quarter of 2024. For the full year of 2025, the company expects revenue to be approximately $4.662 billion, an increase of 16% over 2024. For the full year of 2026, the company expects total revenue to be between $5.16 billion to $5.25 billion, representing expected growth of approximately 11% to 13% over 2025. This outlook considers sensor volume growth driven by increasing CGM awareness for people with diabetes, the continued rollout of Stelo, further international expansion, and overall market dynamics.
お知らせ • Jan 12DexCom, Inc. to Report Q4, 2025 Results on Feb 12, 2026DexCom, Inc. announced that they will report Q4, 2025 results at 4:00 PM, US Eastern Standard Time on Feb 12, 2026
ナラティブの更新 • Jan 07DXCM: Medicare Support And New Sensor Duration Will Sustain Long-Term ConfidenceAnalysts nudged their fair value estimate for DexCom slightly higher to about $85 per share, citing a generally supportive regulatory backdrop for continuous glucose monitors and noting that recent price target cuts still reflect confidence in the company’s long term patient growth and product profile. Analyst Commentary Recent research updates on DexCom highlight a mix of optimism around the core continuous glucose monitor franchise and caution around guidance, pricing, and execution into 2026.
ナラティブの更新 • Dec 15DXCM: Medicare Reimbursement Stability Will Support Confidence Despite Emerging Legal And Safety HeadlinesAnalysts have nudged our DexCom fair value estimate slightly higher, from $84.31 to $84.85, as they balance recent price target cuts with continued Buy and Outperform ratings that point to resilient growth, stable margins, and a favorable regulatory and product backdrop. Analyst Commentary Street research continues to reflect a constructive long term view on DexCom, even as recent reports incorporate more conservative assumptions and lower base case price targets.
お知らせ • Dec 04Dexcom Launches New Education Offering, Dexcom AcademyDexcom, Inc. announced the launch of Dexcom Academy, a new personalised learning platform created with healthcare professionals (HCPs) and for healthcare professionals. The platform is now available in Belgium, Germany, the Kingdom of Saudi Arabia, the Netherlands, and Spain with further EMEA country launches planned for 2026. Dexcom Academy is a new personalised learning platform to strengthen confidence in CGM use and support consistent, high-quality diabetes care. Guided directly by HCP insights, Dexcom Academy has been designed to strengthen confidence in CGM using and support consistent, high- quality diabetes care - without adding to clinical burden. Available as both desktop learning and an intuitive mobile app, the platform allows HCPs to choose learning resources about CGM and diabetes most suitable for their needs through short, flexible, easy-to-digest modules that fit seamlessly into busy schedules. In shaping Dexcom Academy, Dexcom worked closely with HCPs across EMEA to understand what would genuinely support them in practice. Many reported that existing education options could feel overwhelming, too generic, or not tailored to their speciality or experience level. They also shared a desire for practical content that would enhance confidence during patient consultations. This feedback aligns with insights from the Dexcom State of Type 2 Report, which found that 38% of surveyed HCPs across EME A believed that ongoing education about the latest diabetes technology could help overcome the challenges they faced when caring for people with type 2 diabetes1. Dexcom Academy directly addresses this need, providing clear, accessible education that supports effective adoption of CGM for both Type 1 and Type 2 diabetes. A practical, flexible platform that supports confident CGM use: Dexcom Academy provides structured learning pathways suitable for different levels of experience, including practical case studies based on real clinical scenarios. The platform offers: Training on Dexcom G7 and Dexcom ONE+ and the full Dexcom portfolio of software. Education beyond product with a broader range of clinical scenarios, evidence overviews and much more. Personalised and customisable learning options with bite-sized resources and learning options designed for flexible, individual paced learning. Certification courses to support professional development. Practical, consultation-ready content that helps HCPs apply learning immediately. Educational resources to support patient understanding. Opportunities to share best practice across the clinical community. By providing accessible, evidence-based education, Dexcom Academy helps equip HCPs with the clarity, confidence, and understanding needed to support consistent, high-quality CGM use across diverse patient populations. A long-term commitment to supporting diabetes care. Dexcom Academy reflects Dexcom's commitment to supporting diabetes care.
お知らせ • Dec 01Kessler Topaz Meltzer & Check, LLP Announces Securities Fraud Class Action Lawsuit Files against DexCom, IncThe law firm of Kessler Topaz Meltzer & Check, LLP informed investors that securities class action lawsuits have been filed against DexCom, Inc. on behalf of those who purchased or otherwise acquired DexCom securities between January 8, 2024, and September 17, 2025, inclusive. The lead plaintiff deadline is December 26, 2025. The complaints allege that, throughout the Class Period, Defendants made false and/or misleading statements and/or failed to disclose that: DexCom had made material design changes to its G6 and G7 continuous glucose monitoring systems that were unauthorized by the FDA; the foregoing design changes rendered the G6 and G7 less reliable than their prior iterations, presenting a material health risk to users relying on those devices for accurate glucose readings; DexCom’s purported enhancements to the G7, as well as the device’s reliability, accuracy, and functionality, were overstated; DexCom downplayed the true scope and severity of the issues and health risks posed by adulterated G7 devices; all the foregoing subjected DexCom to an increased risk of heightened regulatory scrutiny and enforcement action, as well as significant legal, reputational, and financial harm; and as a result, Defendants’ public statements were materially false and/or misleading at all relevant times.
ナラティブの更新 • Nov 29DXCM: Medicare Payment Developments Will Drive Confidence Despite Recent Short-Term WeaknessDexCom's analyst price target has decreased modestly to approximately $84.31 from $84.96, as analysts cite a mix of positive Medicare policy developments and tempered optimism following company guidance updates and recent survey data. Analyst Commentary Recent analyst research on DexCom reflects both optimism about the company's long-term prospects and concerns regarding near-term execution and growth trends.
お知らせ • Nov 21Dexcom, Inc. Announces the Dexcom G7 15 Day Continuous Glucose Monitoring System for People over the Age of 18 with DiabetesDexcom, Inc. announced the Dexcom G7 15 Day Continuous Glucose Monitoring (CGM) System for people over the age of 18 with diabetes will launch in the United States on Dec. 1. At initial launch, Dexcom G7 15 Day will be available for users who receive their Dexcom CGM through DME providers. G7 15 Day will also be covered for Medicare beneficiaries and has met the category requirements for therapeutic CGM systems set forth by the U.S. Centers for Medicare & Medicaid Services. For people between the ages 2 to 18, Dexcom G7 remains the most accurate2 continuous glucose monitoring system available. Designed to provide real-time glucose readings for an industry-leading 15.5 days, Dexcom G7 15 day will be available in the U.S. for people over the age of18 with diabetes beginning on Dec. 1, 2025. With an overall MARD of 8.0%, Dexcom G7 15 Day builds on the performance of Dexcom CGM, which is clinically proven to lower A1C, reduce hyper- and hypoglycemia, and increase time in range.4-7 Available first through DME, the upcoming launch of Dexcom G7 15 Day is a significant advancement in glucose management for people with diabetes, especially those with Medicare coverage. New with Dexcom G7 15 Day: Longest lasting,+, CGM system with 15.5 days of wear. Best-in-class accuracy with an overall MARD of 8.,3, Easier glucose management with fewer monthly sensor changes and reduced monthly waste. Dexcom G7 features included with Dexcom G7 15 day: The only waterproofSS CGM available, keeping more connected. Manage diabetes, hands-free. Connect sensor directly to Apple Watch, so can leave iPhone behind and still see glucose numbers. Automated activity logging,# simplified meal logging, and new medication logging# help user better understand how activity, food, and medications impact user glucose in real time. 12-hour grace period to replace finished sensors for a more seamless transition between sessions. Innovative and simple mobile app with Dexcom Clarity integration to easily view glucose patterns, trends and statistics via a range of interactive reports. Ability to remotely share glucose numbers with caregivers and loved ones for added support and peace of mind. Enhanced and customizable alert settings for improved discretion. At launch, Dexcom G715 Day will connect with the iLet Bionic Pancreas and Omnipod®? 5SSSS. The company are working closely with Tandem and look forward to extending the launch to their customers shortly as they finalize integration. For specific information on pump compatibility and availability with the Dexcom G7 15 day system, visit Dexcom.com/connected diabetes.
お知らせ • Nov 19Dexcom, Inc. Receives FDA Clearance Becoming the First and Only CGM-Integrated Basal Insulin Dosing Optimizer for Type 2 DiabetesDexcom, Inc. announced the FDA has cleared Dexcom Smart Basal, the first and only CGM-integrated basal insulin dosing optimizer designed for adults with Type 2 diabetes on glargine U-100 long-acting insulin therapy.1 Dexcom Smart Basal will use Dexcom G7 15 Day sensor data and logged doses to calculate personalized daily recommendations to guide users towards a more effective long-acting insulin dose, as directed by their healthcare provider. How Dexcom Smart Basal works: Dexcom Smart Basal begins with an initial basal insulin dose set by a healthcare provider. Users will receive daily dose recommendations and reminders in the Dexcom G7 15 Day app. Dexcom Smart Basal looks at all of a user's CGM readings to adjust their personalized insulin dose recommendation, instead of using a single fasting blood glucose measurement. If low glucose events occur, Dexcom Smart Basal lowers the user's insulin dose recommendation by the amount set by their healthcare provider. Dexcom G7 15 Day also offers customizable low alerts that deliver proactive protection against hypoglycemic events and allow users to treat low glucose in real-time. When the user's glucose is consistently within the set target range, they'll receive their optimal dose and Dexcom Smart Basal will complete. Dexcom Smart Basal will be added to the Dexcom G7 15 day experience shortly after the product launches in the United States. Once Dexcom Smart Basal is available, healthcare providers can seamlessly integrate it into their workstreams by prescribing and configuring the system using Dexcom Clarity, saving time and simplifying care for patients. Efforts are underway to bring Dexcom Smart Basal to international markets in the future.
ナラティブの更新 • Nov 15DXCM: Share Recovery Likely With Positive Setup Expected For 2026Analysts have lowered their price targets for DexCom, reducing the fair value estimate from $98.40 to $84.96. This reflects a reaction to recent conservative guidance, weaker growth outlook, and updated margin expectations.
Recent Insider Transactions • Nov 14Interim CEO recently bought US$1.0m worth of stockOn the 10th of November, Jacob Leach bought around 18k shares on-market at roughly US$55.04 per share. This transaction amounted to 6.6% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Despite this recent buy, Jacob has been a net seller over the last 12 months, reducing personal holdings by US$275k.
Recent Insider Transactions • Nov 12Interim CEO recently bought US$1.0m worth of stockOn the 10th of November, Jacob Leach bought around 18k shares on-market at roughly US$55.04 per share. This transaction amounted to 6.6% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Despite this recent buy, Jacob has been a net seller over the last 12 months, reducing personal holdings by US$275k.
分析記事 • Nov 02Earnings Beat: DexCom, Inc. Just Beat Analyst Forecasts, And Analysts Have Been Updating Their ModelsAs you might know, DexCom, Inc. ( NASDAQ:DXCM ) just kicked off its latest quarterly results with some very strong...
Reported Earnings • Nov 02Third quarter 2025 earnings: EPS and revenues exceed analyst expectationsThird quarter 2025 results: EPS: US$0.73 (up from US$0.34 in 3Q 2024). Revenue: US$1.21b (up 22% from 3Q 2024). Net income: US$283.8m (up 111% from 3Q 2024). Profit margin: 24% (up from 14% in 3Q 2024). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 2.6%. Earnings per share (EPS) also surpassed analyst estimates by 27%. Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 8.4% growth forecast for the Medical Equipment industry in the US. Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has fallen by 20% per year, which means it is significantly lagging earnings.
Valuation Update With 7 Day Price Move • Oct 31Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to US$58.20, the stock trades at a forward P/E ratio of 26x. Average trailing P/E is 28x in the Medical Equipment industry in the US. Total loss to shareholders of 49% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at US$115 per share.
ナラティブの更新 • Oct 31DXCM: Expanding Reimbursement Will Drive Gains Despite Market UncertaintyThe consensus analyst price target for DexCom was recently lowered, with the average fair value estimate moving down by less than $1 to approximately $98.40. Analysts cite investor concerns around the company’s conservative guidance and gross margin pressure, but remain generally positive on long-term growth and patient retention trends.
お知らせ • Oct 31DexCom, Inc. Raises Earnings Guidance for the Fiscal Year 2025DexCom, Inc. raised earnings guidance for the fiscal year 2025. For the year, the company expected revenue of $4.630 billion - $4.650 billion (approximately 15% growth).
お知らせ • Oct 29Bragar Eagel & Squire, P.C. Files Class Action Lawsuit Against Dexcom, IncBragar Eagel & Squire, P.C., announced that a class action lawsuit has been filed against DexCom, Inc. in the United States District Court for the Southern District of New York on behalf of all persons and entities who purchased or otherwise acquired DexCom securities between July 26, 2024 and September 17, 2025, both dates inclusive (the “Class Period”). Investors have until December 26, 2025 to apply to the Court to be appointed as lead plaintiff in the lawsuit. The Complaint alleges that, throughout the Class Period, Defendants made materially false and misleading statements regarding the Company's business, operations, and compliance policies. Specifically, Defendants made false and/or misleading statements and/or failed to disclose that: (i) DexCom had made material design changes to the G6 and G7 unauthorized by the United States Food and Drug Administration (the "FDA"); (ii) the foregoing design changes rendered the G6 and G7 less reliable than their prior iterations, presenting a material health risk to users relying on those devices for accurate glucose readings; (iii) accordingly, Defendants' purported enhancements to the G7, as well as the device's reliability, accuracy, and functionality, were overstated; (iv) Defendants downplayed the true scope and severity of the issues and health risks posed by adulterated G7 devices; (v) all the foregoing subjected DexCom to an increased risk of heightened regulatory scrutiny and enforcement action, as well as significant legal, reputational, and financial harm; and (vi) as a result, Defendants' public statements were materially false and/or misleading at all relevant times.
お知らせ • Oct 28DexCom, Inc. Appoints Euan Ashley to Board of Directors, Effective October 24, 2025DexCom, Inc. announced the appointment of Euan Ashley to its Board of Directors, effective October 24, 2025. Dr. Ashley is a renowned researcher, entrepreneur, and clinician with extensive leadership experience at healthcare research institutions and private organizations. He currently serves as Chair of the Department of Medicine at Stanford University, overseeing Stanford's largest department with 15 divisions and over 800 faculty. Dr. Ashley’s research extends across precision medicine, data science, artificial intelligence, and digital health. He has also co-founded seven biotechnology companies and serves as the co-director of Stanford’s biomedical innovation-translation program, Catalyst, which invests in the university’s most promising biomedical innovations. Dr. Ashley brings to the Dexcom Board a leading clinical perspective for strategic guidance related to medical technology development and healthcare innovation. Dr. Euan Ashley currently serves as Chair of the Department of Medicine of Stanford University. Dr. Ashley has held various roles at Stanford University since 2006, including Chair of the Department of Medicine from 2024 to present, Associate Dean from 2019 to 2024, Co-Director of Stanford Medicine Catalyst from 2019 to present, and Professor of Medicine, Genetics and Biomedical Data Science from 2006 to present. Dr. Ashley founded the Center for Inherited Cardiovascular Disease in 2009 and the Clinical Genomics program in 2014. Dr. Ashley has founded several biotechnology companies including Personalis Inc. ($PSNL), a personalized cancer testing company (2012); Deepcell, Inc., a single cell analysis company (2016); Svexa, a human performance artificial intelligence company (2019); Saturnus Bio, a therapeutics company (2024); and Swift Bio, a genomic diagnostics company (2025). From 2020 to present, Dr. Ashley has served on the Board of Directors of AstraZeneca Plc, a pharmaceutical company. Dr. Ashley received a Bachelor’s degree in Physiology from the University of Glasgow, a Doctor of Medicine from the University of Glasgow, and a Doctor of Philosophy from the University of Oxford. He was trained in Cardiology at Stanford University.
ナラティブの更新 • Oct 17Insurance Reimbursement And Digital Health Integration Will Unlock Global PotentialDexCom's average analyst price target has decreased by approximately $1.58 to around $98.96. Analysts are recalibrating their outlook in light of mixed survey results and a shift in assumptions around reimbursement trends and profitability expectations.
ナラティブの更新 • Oct 03Insurance Reimbursement And Digital Health Integration Will Unlock Global PotentialAnalysts have modestly reduced DexCom's fair value estimate by approximately $1.54 to $100.54 per share. This change reflects slightly lower revenue growth projections and recent adjustments in price targets based on mixed survey data and evolving reimbursement trends.
お知らせ • Oct 02DexCom, Inc. to Report Q3, 2025 Results on Oct 30, 2025DexCom, Inc. announced that they will report Q3, 2025 results at 4:00 PM, US Eastern Standard Time on Oct 30, 2025
お知らせ • Sep 16+ 1 more updateDexCom, Inc. Announces CEO Changes, Effective September 14, 2025Effective September 14, 2025, Kevin R. Sayer, Chief Executive Officer (principal executive officer) of DexCom, Inc. is taking a temporary medical leave of absence. Accordingly, effective September 14, 2025, Dexcom’s Board of Directors (the “Board”) appointed Jacob S. Leach, President and Chief Operating Officer, to serve as Dexcom’s interim principal executive officer, in addition to his current duties.
お知らせ • Sep 15Dexcom, Inc. Spotlights Upcoming Feature Launches, Improved Health Outcomes and Cost-Effectiveness with Dexcom Glucose Biosensing At EASD 2025DexCom, Inc. announced it will present new product features and a compilation of new evidence that shows the benefits of its glucose biosensing technology for people with all types of diabetes at the upcoming 61st annual European Association for the Study of Diabetes (EASD) Conference. Dexcom CGM: The choice for improving health outcomes and cost-effectiveness across diabetes types: Dexcom is presenting several abstracts during the five-day conference showcasing clinical and real-world evidence that support the benefits of Dexcom glucose biosensing. Key abstract highlights include: Glycaemic control and pregnancy outcomes with real-time continuous glucose monitoring in gestational diabetes (GRACE): an open-label, international, randomised controlled trial: CGM use by women with gestational diabetes reduced the risk of babies being born large for their gestational age and demonstrated better glycaemic control compared to women with gestational diabetes using fingersticks, reinforcing CGM should be offered as a standard of care to women with gestational diabetes. The effects of pre-meal and post-meal exercise on postprandial glucose excursions in pregnant women with type 1 diabetes: Dexcom CGM data identified how pregnant women with Type 1 diabetes can optimize their glucose excursions around meals with exercise, revealing a simple but powerful tool to potentially help prevent maternal-neonatal complications that are linked with impaired glucose excursions. Real-time continuous glucose monitoring vs hourly point-of-care testing in diabetic ketoacidosis: impact on clinical outcomes: Remote real-time monitoring with Dexcom CGM can be safe and effective for hospitalized adults suffering from Diabetic Ketoacidosis (DKA), reducing the need for point of care glucose tests. Other previous research from Dexcom around DKA includes the COACH study which showcased the low incidence rate of DKA and the effectiveness of CGM in preventing hypoglycemia for people with diabetes outside of the hospital setting. When participants in the COACH study were switched from fingersticks to Dexcom CGM, hypoglycemic events were reduced by nearly 65%. Cost-effectiveness of real-time continuous glucose monitoring for people with type 2 diabetes on insulin therapy in Japan: A new model projected CGM is more cost-effective for people with Type 2 diabetes on insulin therapies in Japan than fingersticks; and it can reduce eye, renal, neuropathy and cardiovascular complications, adding quality-adjusted life years for these patients.
Recent Insider Transactions Derivative • Sep 10Independent Director notifies of intention to sell stockKyle Malady intends to sell 667 shares in the next 90 days after lodging an Intent To Sell Form on the 5th of September. If the sale is conducted around the recent share price of US$80.86, it would amount to US$54k. Since March 2025, Kyle's direct individual holding has increased from 15.53k shares to 18.14k. Company insiders have collectively sold US$10m more than they bought, via options and on-market transactions in the last 12 months.
Valuation Update With 7 Day Price Move • Aug 06Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to US$75.46, the stock trades at a forward P/E ratio of 33x. Average trailing P/E is 28x in the Medical Equipment industry in the US. Total loss to shareholders of 11% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at US$117 per share.
Reported Earnings • Jul 31Second quarter 2025 earnings: EPS and revenues exceed analyst expectationsSecond quarter 2025 results: EPS: US$0.46 (up from US$0.36 in 2Q 2024). Revenue: US$1.16b (up 15% from 2Q 2024). Net income: US$179.8m (up 25% from 2Q 2024). Profit margin: 16% (up from 14% in 2Q 2024). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 2.9%. Earnings per share (EPS) also surpassed analyst estimates by 5.5%. Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 8.2% growth forecast for the Medical Equipment industry in the US. Over the last 3 years on average, earnings per share has increased by 30% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings.
お知らせ • Jul 31+ 2 more updatesDexcom, Inc. Announces Chief Executive Officer Changes, Effective January 1, 2026On July 25, 2025, Kevin R. Sayer notified the Board of Directors of DexCom, Inc. of his intent to retire from his role as Chief Executive Officer effective January 1, 2026. In conjunction with Mr. Sayer’s retirement, on July 25, 2025, the Board appointed Jacob S. Leach, age 47, as the Chief Executive Officer of the Company, effective as of January 1, 2026. Mr. Leach previously served as the President and Chief Operating Officer of the Company. As a result of the above changes, effective on January 1, 2026, Mr. Leach will be the Company’s sole principal executive officer and principal operating officer. Mr. Leach has helped steer the company’s biosensing platforms since the launch of its first commercial system. He has held roles of increasing responsibility across his 21-year tenure with the company. He served as executive vice president and chief technology officer from 2018 through 2022, transitioning to executive vice president and chief operating officer in late 2022. In May 2025, he was promoted to the expanded role of president and chief operating officer, assuming the additional responsibility of oversight for the company’s strategy and corporate development efforts.
お知らせ • Jul 29Dexcom Launches Revolutionary AI-Powered Meal Logging Feature Across Glucose Biosensing PortfolioDexCom, Inc. announced it has released a new AI-powered photo meal logging feature to Stelo, the first over-the-counter glucose biosensor cleared by the FDA in the United States, following the feature's launch on Dexcom G7 earlier this year. Users can now take a photo of their food in their Stelo or Dexcom G7 app where AI will automatically identify the ingredients and populate the meal description. Dexcom's Smart Food Logging feature encourages and enables users to log their meals more consistently. Stelo and Dexcom G7 users can now simply take a photo of their food In the app where AI will automatically identify The ingredients and populate the meal description". The addition of Smart Food Logging is yet another demonstration of Dexcom's commitment to continued innovation and AI. This new feature joins other recently announced enhancements across Dexcom's glucose biosensing portfolio, including: Weekly Insights in Stelo: The first GenAI feature in Stelo, which offers users more personalized tips, recommendations, and education related to diet, exercise, and sleep that are contextualized within the Stelo app. Stelo integration with Oura: The first-ever integration of glucose biosensing data in the Oura app. When Stelo is synced with Oura, users have a holistic view of their body's biometrics, now including glucose. This integration empowers users to understand the impact of different health behaviors and work towards optimal metabolic health. Customizable target range in Dexcom G7: A new feature that enables users to adjust their glucose target ranges in Clarity Card within the Dexcom G7 app, beyond default settings - allowing for greater personalization across user groups. Glucose Impact in Dexcom G7 and Stelo: Glucose Impact offers a new focused view for logged events to see a clearer picture and gain a deeper understanding of how meals, activities, and sleep patterns affect glucose levels. Stelo and DexcomG7 users can now access the Smart Food Logging feature by updating to the latest version of the app on iOS and Android platforms.
分析記事 • Jul 22We Think DexCom (NASDAQ:DXCM) Can Manage Its Debt With EaseSome say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
分析記事 • Jul 09DexCom's (NASDAQ:DXCM) Returns On Capital Are Heading HigherIf we want to find a potential multi-bagger, often there are underlying trends that can provide clues. Firstly, we'd...
お知らせ • Jul 02DexCom, Inc. to Report Q2, 2025 Results on Jul 30, 2025DexCom, Inc. announced that they will report Q2, 2025 results After-Market on Jul 30, 2025
お知らせ • Jun 24Stelo Files Suit in Federal District Court for the Central District of California Against Dexcom, IncStelo has filed suit in Federal District Court for the Central District of California against San Diego-based Dexcom, Inc. asserting that the latter's recently launched, over-the-counter Stelo Wearable Glucose Biosensor sold to pre-diabetic patients has caused, and will continue to cause, unwarranted consumer confusion that Stelo is affiliated with Dexcom. Specifically, since the launch of the Stelo biosensor, more than 3,000 of its customers have contacted Stelo seeking customer support for their software-based biosensor, including complaints directed to the efficacy of the system. To date, Dexcom has been unwilling to address the confusion of its customers or the misplaced association of Dexcom with Stelo. The complaint alleges that Dexcom launched its Stelo biosensor despite knowing of Stelo's separate software business and despite the fact that the United States Patent and Trademark Office issued an Office Action denying Dexcom's effort to register a Stelo trademark for use of its biosensor. Since its launch in August of 2024, and because of Dexcom's strong marketing push supporting the first over-the-counter continuous glucose monitor for prediabetic patients, public attention now overwhelmingly associates Stelo with Dexcom. The relevant public associates Stelo, the software company, as an affiliate of Dexcom. This misplaced affiliation had destroyed the independent goodwill Stelo built in the name. Stelo intends to ask the court to preliminarily enjoin Dexcom use of the Stelo name with respect to its biosensor to quell consumer confusion and mitigate Stelo's customer support being inundated with health-related and software support questions from concerned Dexcom customers. The lawsuit asserted both Federal, state, and common law claims for trademark infringement as well as for unfair competition. In addition to seeking to enjoin Dexcom's use of the Stelo name, Stelo seeks compensatory damages for its loss of goodwill as well as its efforts to correct the public misconception that Stelo is somehow affiliated with Dexcom. Stelo is represented in this matter by Fox Rothschild LLP.
Valuation Update With 7 Day Price Move • May 08Investor sentiment improves as stock rises 17%After last week's 17% share price gain to US$83.35, the stock trades at a forward P/E ratio of 40x. Average trailing P/E is 30x in the Medical Equipment industry in the US. Total returns to shareholders of 5.9% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at US$114 per share.
Reported Earnings • May 02First quarter 2025 earnings: Revenues exceed analysts expectations while EPS lags behindFirst quarter 2025 results: EPS: US$0.27 (down from US$0.38 in 1Q 2024). Revenue: US$1.04b (up 13% from 1Q 2024). Net income: US$105.4m (down 28% from 1Q 2024). Profit margin: 10% (down from 16% in 1Q 2024). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 1.8%. Earnings per share (EPS) missed analyst estimates by 12%. Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 8.0% growth forecast for the Medical Equipment industry in the US. Over the last 3 years on average, earnings per share has increased by 34% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings.
お知らせ • May 02+ 1 more updateDexCom, Inc. Reiterates Earnings Guidance for the Fiscal Year 2025DexCom, Inc. reiterated earnings guidance for the fiscal year 2025. The company is reiterating revenue of $4.60 billion (14% growth).
お知らせ • Apr 10Dexcom, Inc. Announces FDA Clearance of Dexcom G7 15 Day Continuous Glucose Monitoring SystemDexcom, Inc. announced the FDA has cleared the Dexcom G7 15 Day Continuous Glucose Monitoring System for people over the age of 18 with diabetes in the United States. With an overall MARD of 8.0%, Dexcom G7 15 Day builds on the performance of Dexcom CGM, which is clinically proven to lower A1C, reduce hyper- and hypoglycemia and increase time in range.
お知らせ • Apr 03DexCom, Inc. to Report Q1, 2025 Results on May 01, 2025DexCom, Inc. announced that they will report Q1, 2025 results After-Market on May 01, 2025
お知らせ • Mar 29DexCom, Inc., Annual General Meeting, May 08, 2025DexCom, Inc., Annual General Meeting, May 08, 2025.
お知らせ • Mar 26DexCom, Inc. Appoints Jon Coleman as Chief Commercial OfficerDexCom, Inc. announced the appointment of Jon Coleman as chief commercial officer. In this role, Mr. Coleman will assume responsibility for Dexcom’s global commercial organization, including global sales, marketing and customer experience. Mr. Coleman joins Dexcom with more than 30 years of global commercial leadership experience across multiple healthcare segments and channels. Mr. Coleman served as an executive officer of Masimo Corporation, where he held roles of increasing responsibility across his fifteen-year tenure. This included serving as president of Masimo’s commercial teams where he oversaw the consolidation of its worldwide hospital sales, OEM, alternate care sales, and clinical teams along with the customer service and hospital conversion teams. Mr. Coleman also held significant roles at Pfizer’s Consumer Healthcare business, leading as vice president and general manager of Canada and the Caribbean region after several years of regional leadership in Asia and Latin America. Across his various roles at these organizations, Mr. Coleman established a track record of scaling operations, developing innovative products, entering new markets, and delivering strong growth performance. Prior to his role as president – Worldwide OEM & Global Health at Masimo, Mr. Coleman held several roles of increasing responsibility at Masimo including president – Worldwide Sales, Professional Services, Medical Affairs, and OEM and president – International. Before joining Masimo, he was general manager – Americas region for Targus Group International, Inc. Before that, Mr. Coleman spent more than a decade in leadership of the Consumer Healthcare business at Pfizer, revitalizing growth as vice president and general manager – Canada and Caribbean region and driving double-digit growth as region director – Asia. Before joining Pfizer, Mr. Coleman began his career with roles at the Procter & Gamble Company and Bain & Company. Mr. Coleman earned an M.B.A. from Harvard Business School and a Bachelor of Arts degree in International Relations from Brigham Young University.
Recent Insider Transactions • Mar 17Executive Chairman recently sold US$2.3m worth of stockOn the 12th of March, Kevin Sayer sold around 32k shares on-market at roughly US$70.38 per share. This transaction amounted to 12% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger sale worth US$2.9m. Kevin has been a net seller over the last 12 months, reducing personal holdings by US$5.2m.
お知らせ • Mar 10DexCom, Inc. Appoints Renée Galá as A DirectorDexCom, Inc. announced the appointment of Renée Galá as a director, effective March 6, 2025. Ms. Galá is an accomplished executive with significant financial, strategic and operational leadership experience across the life sciences sector. She currently serves as President and Chief Operating Officer of Jazz Pharmaceuticals Public Limited Company, a global biopharmaceutical company with greater than $4 billion in total revenues in 2024 whose purpose is to innovate to transform the lives of patients and their families. In this role for Jazz Pharmaceuticals, Ms. Galá oversees global business operations including commercial operations, research and development, manufacturing, corporate strategy and quality. She brings to the Dexcom Board a strong track record of strategic and financial leadership at high-growth companies, including oversight of key international expansion initiatives and business development collaborations.
Valuation Update With 7 Day Price Move • Mar 10Investor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to US$70.72, the stock trades at a forward P/E ratio of 36x. Average trailing P/E is 32x in the Medical Equipment industry in the US. Total loss to shareholders of 31% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at US$114 per share.
Seeking Alpha • Mar 04DexCom: Valuation Does Not Factor In Slowing GrowthSummary DexCom's growth is slowing, with 2024 marking the slowest growth year in a decade and 2025 expected to follow suit with ~14% growth. Intensifying competition from Abbott and Medtronic and the rise of GLP-1 drugs pose significant threats to DXCM's market position and growth projections. The valuation of DXCM at 43x non-GAAP forward P/E and 7.5x forward price to sales does not adequately factor in these emerging risks. Given the current competitive landscape and potential market disruptions, I recommend a sell rating on DXCM to lock in gains. Read the full article on Seeking Alpha
Buy Or Sell Opportunity • Feb 19Now 20% undervaluedOver the last 90 days, the stock has risen 20% to US$89.68. The fair value is estimated to be US$112, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 18% over the last 3 years. Earnings per share has grown by 40%. For the next 3 years, revenue is forecast to grow by 13% per annum. Earnings are also forecast to grow by 19% per annum over the same time period.
お知らせ • Feb 15Dexcom, Inc. Reiterates Its Earnings Guidance for the Year 2025DexCom, Inc. reiterating its earnings guidance for the year 2025. For the year, company anticipated total revenue of $4.60 billion (14% growth).
Reported Earnings • Feb 14Full year 2024 earnings: EPS misses analyst expectationsFull year 2024 results: EPS: US$1.46 (up from US$1.40 in FY 2023). Revenue: US$4.03b (up 11% from FY 2023). Net income: US$576.2m (up 6.4% from FY 2023). Profit margin: 14% (in line with FY 2023). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 7.8%. Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 7.9% growth forecast for the Medical Equipment industry in the US. Over the last 3 years on average, earnings per share has increased by 40% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings.
Recent Insider Transactions • Jan 31Executive Chairman recently sold US$2.9m worth of stockOn the 29th of January, Kevin Sayer sold around 33k shares on-market at roughly US$86.91 per share. This transaction amounted to 14% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Kevin has been a net seller over the last 12 months, reducing personal holdings by US$6.9m.
Seeking Alpha • Jan 17DexCom: Fairly Priced In 2025; Why I'm Not Expecting A Share Price ComebackSummary DexCom, Inc.'s growth is impressive but limited by its niche market, with my projected ceiling being ~$7.5bn in peak annual revenues. Despite positive Q4 2024 results, DexCom's stock is fairly valued, with muted enthusiasm from Wall Street today, and a "Hold" rating for me for 2025. I suspect the market overestimated DexCom's mass-market potential, leading to a reality check and a savage bear run on its stock in the past year. Future growth hinges on expanding into new markets and developing diverse products, but significant breakthroughs are likely years away. This is a great product for a specific market, not a mass-market. Read the full article on Seeking Alpha
お知らせ • Jan 13+ 1 more updateDexCom, Inc. to Report Q4, 2024 Results on Feb 13, 2025DexCom, Inc. announced that they will report Q4, 2024 results After-Market on Feb 13, 2025
Seeking Alpha • Dec 10DexCom: Brighter 2025 From Stelo RampSummary DexCom faces challenges in 2024 due to competition and missteps, but the long-term outlook for continuous glucose monitors remains strong. Q3 revenue grew only 2% y/y to $994.2 million, with temporary and long-lasting headwinds impacting growth and margins. The new over-the-counter Stelo CGM launched in August, offering a new growth vector and targeting non-insulin users, with significant ramp-up expected in 2025. Despite current difficulties, improved execution and a successful Stelo ramp-up in 2025 are crucial for DexCom to regain its growth trajectory. Read the full article on Seeking Alpha
Reported Earnings • Oct 25Third quarter 2024 earnings: EPS misses analyst expectationsThird quarter 2024 results: EPS: US$0.34 (up from US$0.31 in 3Q 2023). Revenue: US$994.2m (up 2.0% from 3Q 2023). Net income: US$134.6m (up 12% from 3Q 2023). Profit margin: 14% (up from 12% in 3Q 2023). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 17%. Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 8.2% growth forecast for the Medical Equipment industry in the US. Over the last 3 years on average, earnings per share has increased by 29% per year but the company’s share price has fallen by 22% per year, which means it is significantly lagging earnings.
Seeking Alpha • Oct 25DexCom Growing Into Its Valuation, But Still No BargainSummary DexCom's stock has declined 35% since my last bearish article, validating my "Sell" rating, though past bearish calls were incorrect as the stock previously doubled and tripled. Q3 results showed disappointing 2% revenue growth and a 26% decline in operating income, with U.S. revenue down 1.6% but international revenue up 11.8%. Increased competition from Medtronic and Abbott Laboratories, along with slowing growth rates, raises concerns about Dexcom's ability to maintain its market share. Despite improved valuation multiples, Dexcom remains overvalued; thus, I shift my rating from "Sell" to "Hold" but still consider it a watchlist candidate. Read the full article on Seeking Alpha
お知らせ • Oct 25DexCom, Inc. Reiterates Earnings Guidance for the Fiscal Year 2024DexCom, Inc. reiterated earnings guidance for the fiscal year 2024. For the period, the company expects Revenue of approximately $4.00 billion to 4.05 billion (11 - 13% organic growth).
Seeking Alpha • Oct 16DexCom Q3 Preview: Walking On Eggshells With Its Channel RelationshipsSummary DexCom's Q2 earnings report was disastrous, revealing internal sales channel issues and competitive pressures, leading to a Hold rating and lowered price targets. The company's reliance on channel sales, particularly DME partners, is crucial, and management's efforts to revitalize these relationships will be closely watched. Elevated inventory levels and potential margin pressures from expanding the sales force could further impact DexCom's financial performance in upcoming quarters. Key Q3 earnings factors include Stelo sales, updates on sales channels, and potential share buybacks amidst a challenging sales environment. Read the full article on Seeking Alpha
お知らせ • Oct 12Kessler Topaz Meltzer & Check, LLP Files Class Action Lawsuit Against Dexcom, IncThe law firm of Kessler Topaz Meltzer & Check, LLP informs investors that a securities class action lawsuit has been filed in the United States District Court for the Southern District of California against DexCom, Inc. on behalf of investors who purchased or otherwise acquired DexCom securities between April 28, 2023 and July 25, 2024, inclusive The lead plaintiff deadline is October 21, 2024. The complaints allege that, throughout the Class Period, Defendants intentionally or recklessly misled investors by failing to disclose that: (1) DexCom’s sales force expansion strategy was causing slow customer growth; (2) DexCom’s sales force expansion strategy was undermining relationships with durable medical equipment distributors, its largest sales channel, leading to lower-margin revenue; (3) DexCom’s deteriorating relationships with DME distributors were causing the Company to lose significant market share to competitors; and (4) as a result of the foregoing, DexCom’s Class Period statements about its business, operations, and prospects were false and misleading.
Seeking Alpha • Sep 19DexCom: Investors Discounting Long CGM Growth RunwaySummary DexCom's revised FY24 sales guidance in the Q2 earnings call led to a $18bn valuation reset, but management are optimistic about rebuilding BME sales channel. DexCom's newest G7 CGM competes closely with Abbott's FreeStyle Libre 3, both products have very similar features and design innovations. DexCom's forward multiples suggest the company is trading at a discount to slower growing peers Abbott Laboratories & Medtronic. Using Wall St estimates, by FY27, DexCom's valuation will have converged with peers but will experience significantly faster growth. The rise of GLP-1 drugs poses some risk to DexCom's T2D market, but CGMs are still likely to see a bigger T2D cohort overtime, as forecasted by multiple health agencies. Read the full article on Seeking Alpha
