BDSX · NASDAQ · Medical - Diagnostics & Research

Biodesix (BDSX)

Uses multi-omic testing to address clinical questions in lung disease.

$28.17
vs last close−0.26 (−0.91%)
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Biodesix, Inc.BDSX
Health Care

Lung diagnostic testing for healthcare providers and development services for biopharmaceutical customers generate revenue. A multi-omic approach addresses clinical questions in lung disease, with testing and services performed in Colorado and Kansas.

Blood-based, multi-omic tests address clinical questions in lung disease for healthcare providers. Lung diagnostic testing is one revenue source, alongside development services for biopharmaceutical customers.

Testing and services are performed in Louisville, Colorado, and De Soto, Kansas. The portfolio grew through the Integrated Diagnostics acquisition, including rights to the Nodify XL2 test, and the acquisition of Nodify CDT.

Commercial operations pair diagnostic testing with services for biopharmaceutical companies. The business focuses on clinical care and outcomes through multi-omic diagnostics, with testing and services performed in its Louisville and De Soto laboratories.

Company facts

CEOScott Hutton
ListedOct 28, 2020
ExchangeNASDAQ
HeadquartersLouisville, CO
CountryUnited States
Employees334
CIK0001439725
ISINUS09075X2071

Market cap$231.4M
EPS (ttm)−$3.17
P/E (ttm)−8.97
ROE-788.2%
P/B25.31
P/S2.25
Dividend yieldDiv yield
Beta1.00vs XLV 0.64

Price target$32.00+12.6%Average of 8 analysts
ConsensusBuy7 of 8 analysts
Ratings

Target rangeAs of Sep 21, 2026

Latest analyst notes

DateFirmActionPriorCurrent
Aug 10, 2026Canaccord GenuityReiterate
Rating: Target: $27
Rating: BuyTarget: $35
Jun 24, 2026Roth CapitalInitiate
Rating: Target:
Rating: BuyTarget: $32
Jun 18, 2026Canaccord GenuityReiterate
Rating: Target: $20
Rating: BuyTarget: $27
Jun 15, 2026H.C. WainwrightTarget
Target:
Target: $26
Feb 27, 2026William BlairUpgrade
Rating: Market Perform
Rating: Outperform

Next report
Nov 2, 26
in 41 days
EPS estimate
−$0.74
Revenue estimate
$27.6M
Fiscal quarter
Q3 FY26

EPSReportedEstimate

Mar '25May '25Aug '25Nov '25Feb '26May '26Aug '26Nov '26
Reported−$1.20−$1.60−$1.60−$1.16−$0.49−$0.81−$0.71Pending
Estimate−$0.07−$1.40−$1.40−$1.60−$1.05−$1.26−$0.90−$0.74
Surprise−1,614.3%−14.6%−14.3%+27.5%+53.3%+35.7%+21.3%

RevenueReportedEstimate

Mar '25May '25Aug '25Nov '25Feb '26May '26Aug '26Nov '26
Reported$20.4M$18.0M$20.0M$21.8M$28.8M$25.6M$26.9MPending
Estimate$19.9M$19.4M$18.6M$21.0M$25.7M$23.1M$26.0M$27.6M
Surprise+2.8%−7.5%+7.8%+3.8%+11.8%+10.5%+3.2%
Estimate−$0.74
ReportedDue Nov 2, 2026
Estimate$27.6M
ReportedDue Nov 2, 2026
View details

Debt to equity785.20%
Current ratio284.90%

ProfitabilityRevenueNet incomeNet margin

Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Revenue$18.2M$20.4M$18.0M$20.0M$21.8M$28.8M$25.6M$26.9M
Net income−$10.3M−$8.3M−$11.1M−$11.5M−$8.7M−$4.0M−$7.8M−$7.3M
Net margin0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%

GrowthOperating income

Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Operating income−$8.6M−$6.6M−$9.1M−$9.7M−$7.0M−$2.0M−$6.2M−$5.4M
YoY growthLoss widenedLoss narrowedLoss narrowedLoss widenedLoss narrowedLoss narrowedLoss narrowedLoss narrowed

Balance sheet, Jun 30, 2026Cash & short-term investments $30.0M · Total debt $71.8M · Total assets $95.3M · Shareholders' equity $9.1M

Revenue
$26.9M
Operating income
−$5.4M
Net income
−$7.3M
View details

No dividends on record.

Institutions38.69%4.08M shares
45 holders · as of Jun 30, 2026
Insiders20.15%2.13M shares
13 holders · as of Aug 13, 2026
Other41.16%4.34M shares
remainder

10.55M company shares as of Sep 22, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing

Two share counts disagree (10.55M in the company's Sep 22, 2026 report, 8.14M elsewhere); stakes use the report.

Top shareholders13F · 13D/G · Form 4

HolderStakeSharesDate
Orin HirschmanInsider
7.19%758,328filed Apr 28, 2026
Aigh Capital Management LLCInstitution
6.43%678,328as of Jun 30, 2026
Soleus Capital Management, L.P.Institution
5.55%585,958as of Jun 30, 2026
Jack W. SchulerInsider10 percent owner, other: Emeritus Director
5.27%555,810filed Aug 13, 2026
Soleus Capital Master Fund, L.P.Institution
4.98%525,241filed Jun 18, 2026

Insider tradesForm 4

DateInsiderRoleSharesAvg price
Aug 12, 2026Jack W. Schuler10 percent owner, other: Emeritus Director+15,000$24.47
Aug 11, 2026Jack W. Schuler10 percent owner, other: Emeritus Director+13,700$24.01
Aug 10, 2026Jack W. Schuler10 percent owner, other: Emeritus Director+13,900$24.25
Feb 23, 2026Scott Huttondirector, officer: President & CEO−1,490$12.78
Feb 23, 2026Chris Vazquezofficer: Chief Accounting Officer−211$12.78
View details

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Compare

CompanyPriceChange
Biodesix$28.17−0.91%$231.4M2.2+34.2%
Guardant Health$177.58+2.13%$23.33B19.7+44.3%
Tempus AI$77.66−0.47%$13.67B9.5+21.6%
NeoGenomics$19.13−1.42%$498.7M68.80.7+11.2%
Veracyte$42.90+3.32%$3.31B29.723.65.9+15.5%
Adaptive Biotechnologies$27.59−0.97%$4.46B14.5+21.5%
Personalis$16.30+0.37%$1.73B24.9+30.0%
Median29.746.212.0+21.5%