NeoGenomics (NEO): Assessing Value After Recent Share Price Surge

NeoGenomics (NEO) has seen some movement in its stock price recently, sparking interest from investors watching the healthcare diagnostics space. Many are assessing the company's valuation as shares have moved higher this month.

See our latest analysis for NeoGenomics.

NeoGenomics’ share price has surged more than 15% over the past month and jumped nearly 80% in 90 days. This signals renewed optimism despite a challenging year where its total shareholder return dropped over 34%. As momentum builds, investors seem to be recalibrating their expectations around growth prospects and risk factors.

If NeoGenomics’ recent rebound has you curious about what else is gaining traction in healthcare, take a moment to explore See the full list for free.

With shares rebounding sharply and a notable discount to analyst targets, the real question is whether NeoGenomics is a bargain with more room to run, or if the market is already factoring in the company’s growth potential.

Most Popular Narrative: 11% Undervalued

NeoGenomics’ most-watched narrative places its fair value at $11.72 per share, a touch above the recent close of $10.40. This narrative’s projection stands out because it incorporates expectations for both revenue growth and meaningful margin recovery, suggesting the market may be discounting the company’s future earnings potential.

Ongoing demographic shifts, including an aging population and higher cancer incidence, continue to expand the overall addressable market for NeoGenomics’ oncology diagnostics. This translates into sustained test volume growth and provides a visible multi-year tailwind for top-line revenue.

Read the complete narrative.

Curious what’s powering this price target? The narrative hinges on bold forecasts for both growth and earnings margins. This roadmap differs from most peers. Want to know the financial levers behind this valuation? Dive in to see the numbers the crowd is betting on.

Result: Fair Value of $11.72 (UNDERVALUED)

Have a read of the narrative in full and understand what's behind the forecasts.

However, persistent unpredictability in biotech funding and intense competition could threaten both NeoGenomics’ revenue growth and margins. This could potentially alter the outlook.

Find out about the key risks to this NeoGenomics narrative.

Build Your Own NeoGenomics Narrative

If you have a different perspective or want to explore the numbers in your own way, it only takes a few minutes to build your personal view. Do it your way

A great starting point for your NeoGenomics research is our analysis highlighting 1 key reward and 1 important warning sign that could impact your investment decision.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

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