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LUCD · NASDAQ · Medical - Devices

Lucid Diagnostics (LUCD)

Commercializes EsoGuard testing on esophageal cells collected with EsoCheck.

$0.8652
After hours−0.02 (−2.10%)
At close$0.8838(+4.58%)
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Lucid Diagnostics Inc.LUCD
Health Care

Commercializes EsoGuard DNA testing using esophageal cells collected with EsoCheck. Revenue comes from patient test results, is concentrated in the United States, and is managed as one operating segment.

Commercializes one office-based esophageal cancer-prevention workflow for GERD patients at risk of Barrett's esophagus and esophageal adenocarcinoma. EsoGuard is the DNA test; EsoCheck is the swallowable cell-collection device used to gather lower-esophageal samples.

Revenue comes from patient EsoGuard test results and is concentrated in the United States. The business is managed as a single operating segment, with LucidDx Labs handling the testing workflow rather than a broad diagnostics menu.

Execution depends on reimbursement expansion, especially Medicare coverage, and on continued commercial access to laboratory-developed tests. The company also relies on outside capital while it scales test adoption.

Company facts

CEOLishan Aklog, M.D.
ListedOct 14, 2021
ExchangeNASDAQ
HeadquartersNew York, NY
CountryUnited States
Employees82
CIK0001799011
ISINUS54948X1090

Market cap$161.2M
EPS (ttm)−$0.4661
P/E (ttm)−1.81
ROE-404.3%
P/B14.75
P/S29.61
Dividend yieldDiv yield
Beta1.30vs XLV 0.41

Price target$2.00+122.2%Average of 6 analysts
ConsensusBuy6 of 6 analysts
Ratings

Target rangeAs of Sep 22, 2026

Latest analyst notes

DateFirmActionPriorCurrent
May 15, 2026Maxim GroupReiterate
Rating: Target:
Rating: BuyTarget: $2

Next report
Nov 11, 26
in 50 days
EPS estimate
−$0.04
Revenue estimate
$1.6M
Fiscal quarter
Q3 FY26

EPSReportedEstimate

Mar '25May '25Aug '25Nov '25Mar '26May '26Aug '26Nov '26
Reported−$0.19−$0.16−$0.10−$0.10−$0.10−$0.07−$0.06Pending
Estimate−$0.15−$0.09−$0.09−$0.06−$0.07−$0.05−$0.06−$0.04
Surprise−26.7%−77.8%−11.1%−66.7%−42.9%−40.0%−5.9%

RevenueReportedEstimate

Mar '25May '25Aug '25Nov '25Mar '26May '26Aug '26Nov '26
Reported$1.2M$828.0K$1.2M$1.2M$1.5M$1.3M$1.5MPending
Estimate$1.3M$1.5M$1.7M$1.4M$1.4M$1.4M$1.4M$1.6M
Surprise−4.2%−46.3%−32.1%−12.7%+10.4%−9.0%+3.3%
Estimate−$0.04
ReportedDue Nov 11, 2026
Estimate$1.6M
ReportedDue Nov 11, 2026
View details

Debt to equity228.00%
Current ratio133.10%

ProfitabilityRevenueNet incomeNet margin

Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Revenue$1.2M$1.2M$828.0K$1.2M$1.2M$1.5M$1.3M$1.5M
Net income−$12.4M−$11.5M−$26.9M−$4.4M−$10.4M−$16.3M−$13.9M−$11.7M
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−$11.7M−$12.4M−$12.5M−$11.4M−$11.8M−$14.0M−$12.1M−$12.8M
YoY growthLoss widenedLoss widenedLoss widenedLoss widenedLoss widenedLoss widenedLoss narrowedLoss widened

Balance sheet, Jun 30, 2026Cash & short-term investments $33.4M · Total debt $24.9M · Total assets $38.9M · Shareholders' equity $10.9M

Revenue
$1.5M
Operating income
−$12.8M
Net income
−$11.7M
View details

No dividends on record.

Institutions≈ 30.37%61.73M shares
118 holders · as of Jun 30, 2026 · largest filers plus last quarter's tail
Insiders4.68%9.50M shares
10 holders · as of Apr 13, 2026
Other≈ 64.95%132.01M shares
remainder

203.24M company shares as of Sep 22, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing

This quarter's institutional total failed a plausibility check; shown: the largest filers plus last quarter's remainder.

Top shareholders13F · 13D/G · Form 4

HolderStakeSharesDate
Alyeska Investment Group, L.P.Institution
4.36%8.86Mas of Jun 30, 2026
BlackRock, Inc.Institution
4.12%8.37Mas of Jun 30, 2026
Vanguard Capital Management LLCInstitution
3.23%6.56Mas of Jun 30, 2026
Two Seas Capital LPInstitution
2.95%6.00Mas of Jun 30, 2026
Masters Capital Management LLCInstitution
1.97%4.00Mas of Jun 30, 2026

Insider tradesForm 4

DateInsiderRoleSharesAvg price
May 20, 2026Dennis Matheisdirector+245,000$1.00
View details

  • Castle Biosciences

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  • Abbott

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  • Natera

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  • Quest Diagnostics

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  • Labcorp

    Scaled specialty-testing lab competing for diagnostics access

CompareAfter hours

CompanyPriceChange
Lucid Diagnostics$0.8652−2.10%$161.2M29.6+26.7%
Castle Biosciences$34.85+0.06%$1.07B3.0+20.1%
Abbott$103.69−0.03%$178.18B33.117.93.8+13.0%
Medtronic$90.79+0.02%$117.44B22.615.13.1+13.7%
Guardant Health$177.17+0.03%$23.33B19.7+44.3%
Natera$392.70+0.50%$53.08B19.6+37.7%
Quest Diagnostics$234.76−0.04%$27.03B26.020.52.3+10.2%
Labcorp$311.54+0.05%$26.32B26.616.41.8+5.8%
Median26.317.23.1+13.7%