10x Genomics Valuation

Is TXG undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

3/6

Valuation Score 3/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Sales vs Peers

  • Price-To-Sales vs Industry

  • Price-To-Sales vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of TXG when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: Insufficient data to calculate TXG's fair value for valuation analysis.

Significantly Below Fair Value: Insufficient data to calculate TXG's fair value for valuation analysis.


Key Valuation Metric

Which metric is best to use when looking at relative valuation for TXG?

Key metric: As TXG is unprofitable we use its Price-To-Sales Ratio for relative valuation analysis.

The above table shows the Price to Sales ratio for TXG. This is calculated by dividing TXG's market cap by their current revenue.
What is TXG's PS Ratio?
PS Ratio2.8x
SalesUS$629.74m
Market CapUS$1.73b

Price to Sales Ratio vs Peers

How does TXG's PS Ratio compare to its peers?

The above table shows the PS ratio for TXG vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PSEstimated GrowthMarket Cap
Peer Average4x
AZTA Azenta
3.1x0.4%US$2.1b
FTRE Fortrea Holdings
0.6x2.4%US$1.8b
BLFS BioLife Solutions
8.2x11.1%US$1.2b
CTKB Cytek Biosciences
4.2x11.7%US$843.7m
TXG 10x Genomics
2.8x5.8%US$1.7b

Price-To-Sales vs Peers: TXG is good value based on its Price-To-Sales Ratio (2.8x) compared to the peer average (4x).


Price to Sales Ratio vs Industry

How does TXG's PS Ratio compare vs other companies in the US Life Sciences Industry?

10 CompaniesPrice / SalesEstimated GrowthMarket Cap
FTRE Fortrea Holdings
0.6x2.4%US$1.77b
ATLN Atlantic International
0.6xn/aUS$259.76m
NOTV Inotiv
0.2x7.5%US$93.35m
SNCE Science 37 Holdings
0.6x17.5%US$34.67m
TXG 2.8xIndustry Avg. 3.2xNo. of Companies10PS02.85.68.411.214+
10 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Sales vs Industry: TXG is good value based on its Price-To-Sales Ratio (2.8x) compared to the US Life Sciences industry average (3.2x).


Price to Sales Ratio vs Fair Ratio

What is TXG's PS Ratio compared to its Fair PS Ratio? This is the expected PS Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

TXG PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio2.8x
Fair PS Ratio3.5x

Price-To-Sales vs Fair Ratio: TXG is good value based on its Price-To-Sales Ratio (2.8x) compared to the estimated Fair Price-To-Sales Ratio (3.5x).


Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst TXG forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentUS$14.31
US$20.29
+41.8%
20.3%US$30.00US$14.00n/a14
Nov ’25US$16.33
US$20.29
+24.2%
20.3%US$30.00US$14.00n/a14
Oct ’25US$21.31
US$26.77
+25.6%
27.8%US$46.00US$16.00n/a15
Sep ’25US$23.35
US$26.69
+14.3%
27.7%US$46.00US$16.00n/a13
Aug ’25US$19.68
US$28.54
+45.0%
35.3%US$50.00US$16.00n/a13
Jul ’25US$18.59
US$39.62
+113.1%
28.0%US$55.00US$24.00n/a13
Jun ’25US$22.42
US$41.14
+83.5%
22.1%US$55.00US$26.00n/a14
May ’25US$26.92
US$40.38
+50.0%
22.8%US$55.00US$26.00n/a14
Apr ’25US$37.05
US$57.79
+56.0%
15.7%US$70.00US$30.00n/a14
Mar ’25US$45.56
US$57.79
+26.8%
15.7%US$70.00US$30.00n/a14
Feb ’25US$43.58
US$58.86
+35.1%
18.2%US$70.00US$30.00n/a14
Jan ’25US$55.96
US$56.50
+1.0%
18.4%US$70.00US$30.00n/a14
Dec ’24US$45.75
US$54.83
+19.9%
22.8%US$70.00US$30.00n/a12
Nov ’24US$34.32
US$60.33
+75.8%
21.0%US$75.00US$30.00US$16.3312
Oct ’24US$41.25
US$61.17
+48.3%
21.2%US$75.00US$30.00US$21.3112
Sep ’24US$54.05
US$62.75
+16.1%
19.6%US$75.00US$30.00US$23.3512
Aug ’24US$62.25
US$59.92
-3.7%
19.6%US$68.00US$30.00US$19.6812
Jul ’24US$55.84
US$58.50
+4.8%
21.6%US$68.00US$25.00US$18.5912
Jun ’24US$53.20
US$58.50
+10.0%
21.6%US$68.00US$25.00US$22.4212
May ’24US$52.41
US$54.55
+4.1%
23.3%US$65.00US$25.00US$26.9211
Apr ’24US$55.79
US$53.73
-3.7%
23.4%US$65.00US$25.00US$37.0511
Mar ’24US$46.63
US$52.60
+12.8%
24.0%US$65.00US$25.00US$45.5610
Feb ’24US$47.59
US$49.67
+4.4%
26.8%US$65.00US$25.00US$43.589
Jan ’24US$36.44
US$49.67
+36.3%
26.8%US$65.00US$25.00US$55.969
Dec ’23US$39.57
US$49.63
+25.4%
28.4%US$65.00US$25.00US$45.758
Nov ’23US$28.22
US$51.86
+83.8%
32.5%US$70.00US$25.00US$34.327

Analyst Forecast: Target price is more than 20% higher than the current share price, but analysts are not within a statistically confident range of agreement.


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