Caris Life Sciences, Inc.

NasdaqGS:CAI Stock Report

Market Cap: US$6.9b

Caris Life Sciences Management

Management criteria checks 3/4

Caris Life Sciences' CEO is David Halbert, appointed in Jan 2008, has a tenure of 18.58 years. total yearly compensation is $20.35M, comprised of 3.8% salary and 96.2% bonuses, including company stock and options. directly owns 43.39% of the company’s shares, worth $3.01B. The average tenure of the management team and the board of directors is 6.3 years and 13.5 years respectively.

Key information

David Halbert

Chief executive officer

US$20.4m

Total compensation

CEO salary percentage3.76%
CEO tenure18.6yrs
CEO ownership43.4%
Management average tenure6.3yrs
Board average tenure13.5yrs

Recent management updates

Recent updates

Narrative Update Aug 10

CAI: Q2 Execution And Buybacks Will Support Balanced Future Prospects

Analysts have raised their price target for Caris Life Sciences from $21.00 to $22.00 as they adjust their models based on updated assumptions regarding revenue growth, profit margins, the discount rate, and future P/E expectations. What’s in the News for Caris Life Sciences Caris Life Sciences reported second quarter 2026 financial results, with 45% revenue growth driven by molecular profiling services and approximately 59,200 clinical cases completed.
Seeking Alpha Aug 07

Caris Life Sciences: Guidance Raised, Valuation Still Attractive

Summary Caris Life Sciences delivered another strong quarter, raising full-year guidance and expanding margins while sustaining positive free cash flow. Accelerating clinical volume growth and the commercial launch of Caris Detect reinforce the durability and breadth of CAI's growth drivers. Valuation remains attractive and CAI trades at a discount to peers, with a fair value estimate of $30 per share by 2028. I reiterate my Buy rating, citing robust revenue growth, improving profitability, and long-term optionality despite rising expectations. Read the full article on Seeking Alpha
Narrative Update Jul 24

CAI: Early Detection Sequencing Platform Will Drive Future Upside Potential

Analysts have reduced their price target for Caris Life Sciences to $27.00 from $38.11, citing updated assumptions for lower revenue growth, narrower profit margins, and a slightly higher discount rate that together indicate a less optimistic P/E outlook. What's in the News for Caris Life Sciences Caris Life Sciences launched in-house PTEN immunohistochemistry testing to help identify patients with PTEN-deficient metastatic prostate cancer who may be eligible for a recently FDA approved biomarker guided therapy and companion diagnostic assay.
Narrative Update Jul 10

CAI: Early Cancer Detection Advances Will Support A Stronger Long-Term Outlook

The analyst price target for Caris Life Sciences has shifted from $45.00 to approximately $36.00 as analysts apply a slightly higher discount rate and more moderate assumptions for revenue growth, profit margin, and future P/E. What’s in the News for Caris Life Sciences Caris Life Sciences launched Caris Detect, a multi cancer early detection blood test that uses ultra deep Whole Genome and Whole Transcriptome sequencing with AI to analyze a wide range of molecular and biological cancer signals.
Narrative Update Jun 26

CAI: Strong Q1 Execution And Buyback Will Support Future Upside

Analysts have revised their price target on Caris Life Sciences to $21.00 from $26.23, citing updated assumptions that combine lower projected revenue growth with slightly higher expected profit margins and a reduced future P/E multiple. What’s in the News for Caris Life Sciences Caris Life Sciences reported Q1 2026 results with revenue rising 79%, molecular profiling revenue rising 85%, gross margin expansion, and positive Adjusted EBITDA and free cash flow, as the company positions itself as an AI-enabled precision oncology and molecular diagnostics platform (source: recent earnings coverage).
New Narrative Feb 18

Whole Genome Push Will Strain Margins Yet Could Eventually Support A Stronger Future

Catalysts About Caris Life Sciences Caris Life Sciences provides comprehensive molecular profiling and data-driven precision medicine solutions across tissue and blood for oncology and related applications. What are the underlying business or industry changes driving this perspective?
Analysis Article Feb 05

Caris Life Sciences, Inc.'s (NASDAQ:CAI) Shares May Have Run Too Fast Too Soon

There wouldn't be many who think Caris Life Sciences, Inc.'s ( NASDAQ:CAI ) price-to-sales (or "P/S") ratio of 9.5x is...

CEO Compensation Analysis

How has David Halbert's remuneration changed compared to Caris Life Sciences's earnings?
DateTotal CompensationSalaryCompany Earnings
Jun 30 2026n/an/a

US$105m

Mar 31 2026n/an/a

-US$411m

Dec 31 2025US$20mUS$765k

-US$538m

Sep 30 2025n/an/a

-US$682m

Jun 30 2025n/an/a

-US$799m

Mar 31 2025n/an/a

-US$371m

Dec 31 2024US$2mUS$750k

-US$378m

Compensation vs Market: David's total compensation ($USD20.35M) is above average for companies of similar size in the US market ($USD8.27M).

Compensation vs Earnings: David's compensation has been consistent with company performance over the past year.


CEO

David Halbert (70 yo)

18.6yrs
Tenure
US$20,350,571
Compensation

Dr. David Dean Halbert, M.D., DSc (h.c.) Founded Caris, Ltd. in 2005 and serves as its General Partner. Dr. Halbert serves as the Chairman, Founder and Chief Executive Officer at U.S.Caris MPI, Inc. (d/b/...


Leadership Team

NamePositionTenureCompensationOwnership
David Halbert
Chairman18.6yrsUS$20.35m43.39%
$ 3.0b
Brian Brille
Executive Vice Chairman & Executive VP8.6yrsno data0.19%
$ 13.5m
David Spetzler
President9.8yrsUS$11.58m0.19%
$ 13.0m
J. Denton
Senior VP3.9yrsUS$5.35m0.018%
$ 1.3m
Luke Power
Senior VP9.3yrsno data0.0054%
$ 376.5k
Jon Harmon
Senior VP & Chief Operations Officer3.6yrsno datano data
Valeriy Domenyuk
Senior VP & CTOno datano datano data
Milan Radovich
Senior VP & Chief Scientific Officer3.6yrsno datano data
Jeremy O'Brien
Senior Vice President of Human Resources & Chief Compliance Officerless than a yearno datano data
Narendra Chokshi
Senior Vice President of Corporate Developmentno datano datano data
Stephanie Thomas
Executive VP & Chief of Staff at Office of the CEOno datano datano data
Jim Abraham
Senior VP & Chief Innovation Officerno datano datano data
6.3yrs
Average Tenure
49yo
Average Age

Experienced Management: CAI's management team is seasoned and experienced (6.3 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
David Halbert
Chairman14.8yrsUS$20.35m43.39%
$ 3.0b
Brian Brille
Executive Vice Chairman & Executive VP8.6yrsno data0.19%
$ 13.5m
Peter Castleman
Lead Independent Director18.6yrsUS$647.34k3.69%
$ 256.4m
Jon Halbert
Director12.3yrsUS$350.00k0.51%
$ 35.5m
Laurie Johansen
Independent Director18.6yrsUS$359.00k0.11%
$ 7.7m
George Demetri
Member of Scientific Advisory Boardno datano datano data
Donald Berry
Member of Scientific Advisory Boardno datano datano data
Clay Marsh
Member of Scientific Advisory Boardno datano datano data
Danny Phillips
Independent Director11yrsUS$412.06k0.037%
$ 2.5m
Anna Barker
Member of Scientific Advisory Boardno datano datano data
Thomas Herzog
Member of Scientific Advisory Boardno datano datano data
Amy Heimberger
Member of Scientific Advisory Boardno datano datano data
13.5yrs
Average Tenure
66yo
Average Age

Experienced Board: CAI's board of directors are seasoned and experienced ( 13.5 years average tenure).


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/08/21 03:31
End of Day Share Price 2026/08/20 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 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

Caris Life Sciences, Inc. is covered by 18 analysts. 13 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Robert BambergerBaird
Catherine Ramsey SchulteBaird
Michael RyskinBofA Global Research