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Analysts changed their predictions for GeneDx Holdings after the company reported expected sales but a bigger loss than thought.

ResultsRead the original at moomoo.com
Bad for WGS

GeneDx's loss exceeded forecasts, and analysts cut sales estimates and price targets. Expected sales growth of 21% yearly through 2027 is a positive, but the lowered estimates point to weaker prospects overall.

WGS · GeneDx Holdings

AI read · Bad for WGS

The AI's read

The larger-than-expected loss and analysts' cuts to sales estimates and price targets point to weaker expectations for GeneDx. Expected faster sales growth through 2027 is a positive, but it does not erase those lowered estimates.

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