VolitionRx Limited

NYSEAM:VNRX Stock Report

Market Cap: US$3.7m

VolitionRx Future Growth

Future criteria checks 5/6

VolitionRx is forecast to grow earnings and revenue by 60.8% and 57.9% per annum respectively while EPS is expected to grow by 70.9% per annum.

Key information

60.8%

Earnings growth rate

70.92%

EPS growth rate

Medical Equipment earnings growth16.9%
Revenue growth rate57.9%
Future return on equityn/a
Analyst coverage

Low

Last updated16 Sep 2026

Recent future growth updates

Recent updates

Narrative Update • Sep 17

VNRX: Sepsis And Lung Cancer Data Will Drive Repricing Potential

Analysts have revised their price target on VolitionRx to $13.62 from $16.97, citing updated assumptions for discount rates, revenue growth, profit margins, and future P/E expectations. What's in the News for VolitionRx VolitionRx reported that its lateral flow finger prick prototype for Nu.Q NETs showed strong correlation with the existing CE marked automated Nu.Q NETs lab assay in critically ill sepsis patients, which could open use at the bedside, in emergency rooms, and in regions with limited lab infrastructure.
Narrative Update • Sep 03

VNRX: Turnaround Will Rely On Advancing Liquid Biopsy And Sepsis Testing

Analysts have trimmed their fair value estimate for VolitionRx from about $16.83 to roughly $2.00, citing updated assumptions on discount rates, revenue growth, profit margins, and a lower future P/E multiple. They view this as better aligned with recent research emphasizing progress across the Nu.Q Vet, Nu.Q NETs, and Nu.Q Cancer franchises and the current $4 analyst price target.
Narrative Update • Aug 17

VNRX: Turnaround Case Will Hinge On Expanding Diagnostic Portfolio Adoption

Analysts have raised their fair value estimate for VolitionRx from $4.00 to $16.83, citing updated assumptions for revenue growth, profit margins, discount rate, and a much higher future P/E multiple that align with recent Street research, including the resumed Buy rating and $4 price target tied to progress in the Nu.Q diagnostic portfolio. What's in the News for VolitionRx VolitionRx reports that its lateral flow finger prick prototype for Nu.Q NETs in critically ill sepsis patients is highly correlated with its existing automated Nu.Q NETs laboratory assay.
Narrative Update • Jul 24

VNRX: New Diagnostics Progress And Reduced Share Authorization Will Drive Repricing

Analysts lifted their fair value estimate for VolitionRx from $3.00 to $24.00, citing updated assumptions for revenue growth, profitability, discount rate, and a higher future P/E multiple that align with recent Street research pointing to potential progress across the Nu.Q diagnostic portfolio. What’s in the News for VolitionRx On July 17, 2026, VolitionRx reduced its authorized common stock under its Restated Certificate of Incorporation from 325,000,000 to 150,000,000 shares, following board approval on May 11, 2026 and shareholder approval at the annual meeting on July 17, 2026.
Narrative Update • Jul 10

VNRX: Lung Cancer Study Progress Will Drive Repricing Potential

Analysts have lifted their fair value estimate for VolitionRx to about $17 from roughly $2, citing updated assumptions on discount rate, revenue growth, profit margin, and future P/E. These changes reflect a mix of renewed optimism following Maxim's resumed Buy coverage at a $4 price target and more cautious views after the recent downgrade at D.
Narrative Update • Jun 26

VNRX: Turnaround Case Will Rely On Diagnostic Portfolio Commercial Traction

Analysts have lifted their price target on VolitionRx from $1.00 to $4.00, citing expectations for progress across the Nu.Q Vet, Nu.Q NETs, and Nu.Q Cancer franchises, along with updated assumptions for discount rate, revenue growth, profit margin, and future P/E. Analyst Commentary Recent Street research on VolitionRx highlights a mix of optimism and caution, with the latest $4 price target sitting alongside earlier, more cautious views and adjustments.

Earnings and Revenue Growth Forecasts

NYSEAM:VNRX - Analysts future estimates and past financials data (USD Millions)
DateRevenueEarningsFree Cash FlowCash from OpAvg. No. Analysts
12/31/202825-95-64
12/31/20279-18-12-194
12/31/20263-22-17-125
6/30/20262-26-20-20N/A
3/31/20262-25-21-21N/A
12/31/20252-23-20-20N/A
9/30/20251-23-20-20N/A
6/30/20251-23-22-21N/A
3/31/20251-24-22-22N/A
12/31/20241-27-26-26N/A
9/30/20241-30-15-14N/A
6/30/20241-32-18-17N/A
3/31/20241-35-19-18N/A
12/31/20231-35-19-18N/A
9/30/20231-34-32-30N/A
6/30/20231-33-30-29N/A
3/31/20230-31-29-28N/A
12/31/20220-30-17-15N/A
9/30/20220-31-15-14N/A
6/30/20220-30-13-12N/A
3/31/20220-28-12-11N/A
12/31/20210-27-22-21N/A
9/30/20210-24-21-19N/A
6/30/20210-21-21-19N/A
3/31/20210-21-20-18N/A
12/31/20200-20-18-16N/A
9/30/20200-19-17-16N/A
6/30/20200-19-16-16N/A
3/31/20200-18N/A-14N/A
12/31/20190-16N/A-13N/A
9/30/20190-17N/A-14N/A
6/30/2019N/A-17N/A-15N/A
3/31/2019N/A-18N/A-15N/A
12/31/2018N/A-18N/A-15N/A
9/30/2018N/A-18N/A-15N/A
6/30/2018N/A-17N/A-13N/A
3/31/2018N/A-16N/A-13N/A
12/31/2017N/A-15N/A-12N/A
9/30/2017N/A-14N/A-10N/A
6/30/2017N/A-13N/A-10N/A
3/31/2017N/A-13N/A-9N/A
12/31/2016N/A-12N/A-9N/A
9/30/2016N/A-12N/A-9N/A
6/30/2016N/A-11N/A-9N/A
3/31/2016N/A-10N/A-9N/A
12/31/2015N/A-10N/A-9N/A
9/30/20150-8N/A-7N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: VNRX is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (3.7%).

Earnings vs Market: VNRX is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: VNRX is expected to become profitable in the next 3 years.

Revenue vs Market: VNRX's revenue (57.9% per year) is forecast to grow faster than the US market (13.6% per year).

High Growth Revenue: VNRX's revenue (57.9% per year) is forecast to grow faster than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: Insufficient data to determine if VNRX's Return on Equity is forecast to be high in 3 years time

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/09/21 02:05
End of Day Share Price 2026/09/21 00:00
Earnings2026/06/30
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

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Learn about the 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

VolitionRx Limited is covered by 10 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Vadim MerkulovFreedom Broker
Ilya ZubkovFreedom Broker
Yi ChenH.C. Wainwright & Co.