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DexCom, Inc.NasdaqGS:DXCM Stock Report

Market Cap US$22.2b
Share Price
US$57.56
US$86.88
33.7% undervalued intrinsic discount
1Y-18.1%
7D-8.2%
Portfolio Value
View

DexCom, Inc.

NasdaqGS:DXCM Stock Report

Market Cap: US$22.2b

DexCom (DXCM) Stock Overview

A medical device company, focuses on the design, development, and commercialization of continuous glucose monitoring (CGM) systems for the management of diabetes and metabolic health in the United States and internationally. More details

DXCM fundamental analysis
Snowflake Score
Valuation3/6
Future Growth4/6
Past Performance6/6
Financial Health6/6
Dividends0/6

DXCM Community Fair Values

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DexCom, Inc. Competitors

Price History & Performance

Summary of share price highs, lows and changes for DexCom
Historical stock prices
Current Share PriceUS$57.56
52 Week HighUS$89.98
52 Week LowUS$54.11
Beta1.56
1 Month Change-8.34%
3 Month Change-21.19%
1 Year Change-18.08%
3 Year Change-50.98%
5 Year Change-35.57%
Change since IPO1,861.16%

Recent News & Updates

DXCM: AI Coaching And Share Repurchases Will Support Future Healthcare Momentum

Analysts 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.

DXCM: AI Coaching And Buybacks Will Support Future Healthcare Momentum

Analysts 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.

DXCM: AI Coaching And Buybacks Will Support Future Market Share Confidence

DexCom'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.

DXCM: AI Coaching And Share Repurchases Will Support Long-Term Confidence

DexCom'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.

Recent updates

DXCM: AI Coaching And Share Repurchases Will Support Future Healthcare Momentum

Analysts 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.

DXCM: AI Coaching And Buybacks Will Support Future Healthcare Momentum

Analysts 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.

DXCM: AI Coaching And Buybacks Will Support Future Market Share Confidence

DexCom'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.

DXCM: AI Coaching And Share Repurchases Will Support Long-Term Confidence

DexCom'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.

DXCM: Medicare Support And AI Coaching Rollout Will Sustain Long-Term Confidence

Our 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.

The Strong Earnings Posted By DexCom (NASDAQ:DXCM) Are A Good Indication Of The Strength Of The Business

Feb 19
The Strong Earnings Posted By DexCom (NASDAQ:DXCM) Are A Good Indication Of The Strength Of The Business

DXCM: Medicare Support And AI Coaching Features Will Sustain Long-Term Confidence

Analysts 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.

DXCM: Medicare Support And 2026 Sensor Expansion Will Sustain Long-Term Confidence

Our 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.

DXCM: Medicare Support And New Sensor Duration Will Sustain Long-Term Confidence

Analysts 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.

DXCM: Medicare Reimbursement Stability Will Support Confidence Despite Emerging Legal And Safety Headlines

Analysts 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.

DXCM: Medicare Payment Developments Will Drive Confidence Despite Recent Short-Term Weakness

DexCom'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.

DXCM: Share Recovery Likely With Positive Setup Expected For 2026

Analysts 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.

Earnings Beat: DexCom, Inc. Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Models

Nov 02
Earnings Beat: DexCom, Inc. Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Models

DXCM: Expanding Reimbursement Will Drive Gains Despite Market Uncertainty

The 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.

Insurance Reimbursement And Digital Health Integration Will Unlock Global Potential

DexCom'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.

DexCom May Be The Most Underrated Growth Story In Healthcare

Oct 06

Insurance Reimbursement And Digital Health Integration Will Unlock Global Potential

Analysts 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.

We Think DexCom (NASDAQ:DXCM) Can Manage Its Debt With Ease

Jul 22
We Think DexCom (NASDAQ:DXCM) Can Manage Its Debt With Ease

DexCom's (NASDAQ:DXCM) Returns On Capital Are Heading Higher

Jul 09
DexCom's (NASDAQ:DXCM) Returns On Capital Are Heading Higher

Is DexCom, Inc. (NASDAQ:DXCM) Trading At A 24% Discount?

May 16
Is DexCom, Inc. (NASDAQ:DXCM) Trading At A 24% Discount?

DexCom: Valuation Does Not Factor In Slowing Growth

Mar 04

DexCom: Fairly Priced In 2025; Why I'm Not Expecting A Share Price Comeback

Jan 17

DexCom: Brighter 2025 From Stelo Ramp

Dec 10

DexCom Growing Into Its Valuation, But Still No Bargain

Oct 25

DexCom Q3 Preview: Walking On Eggshells With Its Channel Relationships

Oct 16

DexCom: Investors Discounting Long CGM Growth Runway

Sep 19

DexCom Q2 Earnings: Traditional Market Overreaction

Aug 07

Shareholder Returns

DXCMUS Medical EquipmentUS Market
7D-8.2%-5.3%-0.2%
1Y-18.1%-18.1%27.6%

Return vs Industry: DXCM matched the US Medical Equipment industry which returned -18.1% over the past year.

Return vs Market: DXCM underperformed the US Market which returned 27.6% over the past year.

Price Volatility

Is DXCM's price volatile compared to industry and market?
DXCM volatility
DXCM Average Weekly Movement4.9%
Medical Equipment Industry Average Movement8.3%
Market Average Movement7.2%
10% most volatile stocks in US Market16.2%
10% least volatile stocks in US Market3.3%

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

Volatility Over Time: DXCM's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
199911,050Jake Leachwww.dexcom.com

DexCom, Inc., a medical device company, focuses on the design, development, and commercialization of continuous glucose monitoring (CGM) systems for the management of diabetes and metabolic health in the United States and internationally. The company offers Dexcom G7 and G7 15 Day, an integrated continuous glucose monitoring system; Dexcom G6, a CGM system; Dexcom ONE+ to replace fingerstick blood glucose testing for diabetes treatment decisions; Stelo, a biosensor designed for adults with prediabetes and Type 2 diabetes who do not use insulin; Dexcom Share, a remote monitoring system; and Dexcom Follow application. It markets its products directly to endocrinologists, physicians, and diabetes educators.

DexCom, Inc. Fundamentals Summary

How do DexCom's earnings and revenue compare to its market cap?
DXCM fundamental statistics
Market capUS$22.20b
Earnings (TTM)US$836.30m
Revenue (TTM)US$4.66b
26.6x
P/E Ratio
4.8x
P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
DXCM income statement (TTM)
RevenueUS$4.66b
Cost of RevenueUS$1.86b
Gross ProfitUS$2.80b
Other ExpensesUS$1.97b
EarningsUS$836.30m

Last Reported Earnings

Dec 31, 2025

Next Earnings Date

Apr 30, 2026

Earnings per share (EPS)2.17
Gross Margin60.10%
Net Profit Margin17.94%
Debt/Equity Ratio45.2%

How did DXCM perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/04/30 09:00
End of Day Share Price 2026/04/29 00:00
Earnings2025/12/31
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

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

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

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

DexCom, Inc. is covered by 51 analysts. 25 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Jeffrey JohnsonBaird
Matthew MiksicBarclays
Travis SteedBarclays