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Veracyte, Inc.NasdaqGM:VCYT Stock Report

Market Cap US$3.2b
Share Price
US$39.70
US$47
15.5% undervalued intrinsic discount
1Y29.1%
7D18.7%
Portfolio Value
View

Veracyte, Inc.

NasdaqGM:VCYT Stock Report

Market Cap: US$3.2b

Veracyte (VCYT) Stock Overview

Operates as a diagnostics company in the United States and internationally. More details

VCYT fundamental analysis
Snowflake Score
Valuation2/6
Future Growth1/6
Past Performance5/6
Financial Health6/6
Dividends0/6

VCYT Community Fair Values

Create Narrative

See what 18 others think this stock is worth. Follow their fair value or set your own to get alerts.

Veracyte, Inc. Competitors

Price History & Performance

Summary of share price highs, lows and changes for Veracyte
Historical stock prices
Current Share PriceUS$39.70
52 Week HighUS$50.71
52 Week LowUS$22.61
Beta1.88
1 Month Change27.69%
3 Month Change7.21%
1 Year Change29.06%
3 Year Change58.17%
5 Year Change11.45%
Change since IPO199.62%

Recent News & Updates

Narrative Update Apr 28

VCYT: Revised Street Views Will Highlight Medium Term Revenue Guidance Story

Analysts now see a modestly lower upside for Veracyte, trimming the consensus price target by a few dollars to around the mid $30s. Recent research reflects a balance between reduced targets from several firms and a newer bullish initiation that emphasizes the company's longer term growth potential.

Recent updates

Narrative Update Apr 28

VCYT: Revised Street Views Will Highlight Medium Term Revenue Guidance Story

Analysts now see a modestly lower upside for Veracyte, trimming the consensus price target by a few dollars to around the mid $30s. Recent research reflects a balance between reduced targets from several firms and a newer bullish initiation that emphasizes the company's longer term growth potential.
Narrative Update Apr 14

VCYT: Bullish Coverage And Margin Reset Will Strengthen Prostate Cancer Risk Position

Analysts now see Veracyte's fair value at $53, up from $51. This revision reflects updated assumptions around growth, profitability and valuation multiples informed by recent Street research, including both fresh coverage and revised price targets.
Narrative Update Mar 31

VCYT: Refreshed Models And 2026 Earnings Focus Will Support Long-Term Upside

Analysts have trimmed their average price target on Veracyte by about $1.60 to $47.00, reflecting refreshed models after recent results and updated views on revenue growth, profit margins, and future P/E assumptions. Analyst Commentary Recent research updates have focused on resetting expectations for Veracyte, with price targets adjusted downward and models refreshed after Q4 results.
Narrative Update Mar 17

VCYT: NCCN Risk Stratification Focus Will Support Future Cash Flow Repricing

Analysts have lowered their price target on Veracyte from $43.00 to about $38.59, citing updated assumptions for revenue growth, profit margins and future P/E following recent model revisions. This includes a reduced $37 target from one large Wall Street firm after Q4 results.
Narrative Update Mar 02

VCYT: 2026 Revenue Outlook And Higher Future P/E Will Lift Long-Term Upside

Analysts now set their Veracyte price target at $48.60, compared with $47.50 previously. This reflects updated views on revenue growth, profit margin assumptions and a higher future P/E multiple.
Narrative Update Feb 16

VCYT: Guideline Support And Margin Reset Will Strengthen Prostate Cancer Risk Role

Analysts have kept their $51.00 price target for Veracyte unchanged, citing updated assumptions that reflect slightly lower discount rates, modestly higher revenue growth expectations, a reduced profit margin outlook, and a higher future P/E multiple. What's in the News Veracyte issued earnings guidance for the fourth quarter of 2025, with expected total revenue between US$138 million and US$140 million, described as 16% to 18% growth for the period.
Narrative Update Feb 02

VCYT: NCCN Risk Stratification Focus Will Support Future Genomic Test Adoption

Narrative Update on Veracyte Analysts have kept their Veracyte fair value target steady at $43.00, citing updated NCCN prostate cancer guidelines that highlight Decipher’s role in risk stratification and support slightly adjusted assumptions for revenue growth, profit margins, and future P/E. Analyst Commentary Recent commentary points to the updated NCCN prostate cancer guidelines as a supportive data point for Veracyte’s Decipher test.
Narrative Update Jan 19

VCYT: NCCN Guideline Support Will Strengthen Prostate Cancer Risk Stratification Role

Analysts have lifted their price target on Veracyte from US$45.00 to US$51.00, citing updated NCCN guidelines that they view as incrementally favorable for the company’s Decipher prostate cancer test and its differentiation based on clinical evidence. Analyst Commentary Bullish analysts are framing the latest NCCN prostate cancer guideline update as a meaningful support for Veracyte’s Decipher test, especially around how it is positioned within risk stratification.
Seeking Alpha Jan 16

Veracyte: Profitable, De-Risked, And Ready To Run

Summary Veracyte (VCYT) has transitioned to a profitable, diversified model with strong operating leverage and self-fortifying balance sheet. Key 2025-2026 catalysts include deeper prostate cancer penetration, entry into minimal residual disease, and U.S. re-launch of the Prosigna breast cancer test. VCYT projects 16% revenue growth to $515–$517M in FY25 and >25% adjusted EBITDA margin, signaling sustained profitable execution. A robust digital pathology database and AI-driven bioinformatics platform create significant competitive moats and future product opportunities. Read the full article on Seeking Alpha
Narrative Update Jan 05

VCYT: NCCN Guideline Support Will Shape Future Decipher Adoption And Competitive Risks

Analysts have lifted their price target on Veracyte from $28.40 to $43.00, citing updated NCCN prostate cancer guidelines that highlight the Decipher test in key risk stratification tables as support for a higher fair value assumption. Analyst Commentary Analysts point to the updated NCCN V3.2026 prostate cancer guidelines as a supportive data point for Veracyte, highlighting that Decipher is explicitly listed in the principles of risk stratification tables across several key prostate cancer settings.
Narrative Update Dec 15

VCYT: Updated NCCN Guidelines Will Support Gradual Risk Stratification Adoption

Analysts have modestly raised their price target on Veracyte to approximately $47.50 from about $46.30, citing slightly stronger long term growth and profitability expectations, as well as the incremental boost from updated NCCN guidelines that further differentiate the company’s Decipher prostate cancer test. Analyst Commentary Street research characterizes the NCCN guideline update as a net positive for Veracyte, with the Decipher prostate cancer test receiving prominent placement in risk stratification tables across multiple disease stages.
Narrative Update Nov 29

VCYT: New NCCN Guidelines Will Support Continued Market Differentiation

Analysts have raised their price target for Veracyte from $45.30 to $46.30, citing ongoing positive inclusion of the company’s Decipher test in updated clinical guidelines as a contributing factor. Analyst Commentary Analysts have examined the recent updates to the clinical guidelines and their implications for Veracyte’s Decipher test, highlighting both opportunities and potential challenges facing the company.
Analysis Article Nov 22

Veracyte, Inc. (NASDAQ:VCYT) Stock Catapults 27% Though Its Price And Business Still Lag The Industry

Despite an already strong run, Veracyte, Inc. ( NASDAQ:VCYT ) shares have been powering on, with a gain of 27% in the...
Narrative Update Nov 15

VCYT: Expanded Prostate Cancer Guidelines Will Drive Demand Ahead

Veracyte's analyst price target has been raised from $41.10 to $45.30. Analysts cite stronger guidelines support, as well as improved revenue and profit growth expectations, as key drivers.
Narrative Update Nov 01

VCYT: Continued Pipeline Success Will Drive Broader Health Market Expansion

Narrative Update: Veracyte Analyst Price Target Revision Analysts have slightly reduced their price target for Veracyte, lowering it by $1 to $28. They cite solid recent performance but note that larger upside may be realized further into the future.
Narrative Update Oct 18

Advanced Genomic And Cancer Diagnostics Will Expand Global Health Markets

Analysts have modestly raised Veracyte’s fair value estimate to $41.22 from $39.75. They cite continued product momentum and optimistic guidance, despite lingering longer-term uncertainties.
Analysis Article Aug 30

Veracyte, Inc.'s (NASDAQ:VCYT) Price Is Right But Growth Is Lacking After Shares Rocket 27%

Veracyte, Inc. ( NASDAQ:VCYT ) shareholders would be excited to see that the share price has had a great month, posting...
Analysis Article Jun 15

Veracyte, Inc.'s (NASDAQ:VCYT) Shares Lagging The Industry But So Is The Business

You may think that with a price-to-sales (or "P/S") ratio of 4.5x Veracyte, Inc. ( NASDAQ:VCYT ) is a stock worth...
Analysis Article May 10

Veracyte, Inc. Just Beat EPS By 260%: Here's What Analysts Think Will Happen Next

As you might know, Veracyte, Inc. ( NASDAQ:VCYT ) just kicked off its latest quarterly results with some very strong...
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New Narrative May 07

Decipher, Afirma And MRD Tests Will Broaden Future Markets

Veracyte’s Decipher test expansion and updated NCCN guidelines could drive significant revenue growth and market share in the prostate cancer segment.
Analysis Article Mar 08

Shareholders Can Be Confident That Veracyte's (NASDAQ:VCYT) Earnings Are High Quality

Even though Veracyte, Inc. ( NASDAQ:VCYT ) posted strong earnings, investors appeared to be underwhelmed. We have done...
Analysis Article Mar 04

Veracyte, Inc. (NASDAQ:VCYT) Looks Inexpensive After Falling 26% But Perhaps Not Attractive Enough

Veracyte, Inc. ( NASDAQ:VCYT ) shareholders that were waiting for something to happen have been dealt a blow with a 26...
Analysis Article Jan 09

Veracyte, Inc.'s (NASDAQ:VCYT) Intrinsic Value Is Potentially 50% Above Its Share Price

Key Insights Veracyte's estimated fair value is US$65.48 based on 2 Stage Free Cash Flow to Equity Veracyte is...
Seeking Alpha Dec 11

Veracyte: Getting Frothy

Summary Veracyte has seen its stock more than double since early August, driven by strong Q3 results and increased revenue guidance for FY2024. This medical diagnostic firm focused on oncology is executing well, but the stock looks a bit 'frothy' based on some valuation metrics. The analyst community is also somewhat mixed based on the stock's valuation, and there was some notable insider selling following Q3 results. Can the rally continue in Veracyte? An analysis follows in the paragraphs below. Read the full article on Seeking Alpha
Analysis Article Dec 01

Veracyte, Inc. (NASDAQ:VCYT) Surges 25% Yet Its Low P/S Is No Reason For Excitement

Veracyte, Inc. ( NASDAQ:VCYT ) shares have continued their recent momentum with a 25% gain in the last month alone. The...
Analysis Article Aug 18

Veracyte, Inc.'s (NASDAQ:VCYT) Price Is Right But Growth Is Lacking After Shares Rocket 42%

Veracyte, Inc. ( NASDAQ:VCYT ) shareholders have had their patience rewarded with a 42% share price jump in the last...
Analysis Article Aug 09

Veracyte, Inc. Beat Analyst Estimates: See What The Consensus Is Forecasting For This Year

Shareholders will be ecstatic, with their stake up 39% over the past week following Veracyte, Inc. 's ( NASDAQ:VCYT...
Analysis Article Jul 02

Veracyte, Inc.'s (NASDAQ:VCYT) Intrinsic Value Is Potentially 76% Above Its Share Price

Key Insights The projected fair value for Veracyte is US$37.52 based on 2 Stage Free Cash Flow to Equity Veracyte's...
Analysis Article Jun 06

Veracyte, Inc.'s (NASDAQ:VCYT) Price Is Right But Growth Is Lacking

Veracyte, Inc.'s ( NASDAQ:VCYT ) price-to-sales (or "P/S") ratio of 4.4x might make it look like a strong buy right now...
Analysis Article May 09

Veracyte, Inc. (NASDAQ:VCYT) Just Released Its First-Quarter Results And Analysts Are Updating Their Estimates

Veracyte, Inc. ( NASDAQ:VCYT ) investors will be delighted, with the company turning in some strong numbers with its...

Shareholder Returns

VCYTUS BiotechsUS Market
7D18.7%0.1%2.6%
1Y29.1%35.5%26.2%

Return vs Industry: VCYT underperformed the US Biotechs industry which returned 42% over the past year.

Return vs Market: VCYT underperformed the US Market which returned 31.1% over the past year.

Price Volatility

Is VCYT's price volatile compared to industry and market?
VCYT volatility
VCYT Average Weekly Movement9.7%
Biotechs Industry Average Movement10.7%
Market Average Movement7.2%
10% most volatile stocks in US Market16.1%
10% least volatile stocks in US Market3.2%

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

Volatility Over Time: VCYT's weekly volatility (10%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
2006755Marc Stapleywww.veracyte.com

Veracyte, Inc. operates as a diagnostics company in the United States and internationally. The company offers Afirma Genomic Sequencing Classifier for cancerous thyroid nodules; Decipher Prostate Genomic Classifiers for prostate cancer diagnosis; Decipher Bladder Genomic Classifier for bladder cancer diagnosis; Prosigna Breast Cancer Assay for breast cancer diagnosis; and Percepta Nasal Swab Test for lung cancer diagnosis. It also provides the nCounter analysis system services.

Veracyte, Inc. Fundamentals Summary

How do Veracyte's earnings and revenue compare to its market cap?
VCYT fundamental statistics
Market capUS$3.23b
Earnings (TTM)US$88.01m
Revenue (TTM)US$541.74m
36.0x
P/E Ratio
5.8x
P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
VCYT income statement (TTM)
RevenueUS$541.74m
Cost of RevenueUS$146.77m
Gross ProfitUS$394.97m
Other ExpensesUS$306.96m
EarningsUS$88.01m

Last Reported Earnings

Mar 31, 2026

Next Earnings Date

n/a

Earnings per share (EPS)1.10
Gross Margin72.91%
Net Profit Margin16.25%
Debt/Equity Ratio0%

How did VCYT perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/05/11 05:39
End of Day Share Price 2026/05/11 00:00
Earnings2026/03/31
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

Veracyte, Inc. is covered by 24 analysts. 11 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Paul KnightBrean Capital Historical (Janney Montgomery)
Sung Ji NamBTIG
Kyle MiksonCanaccord Genuity