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MDXH · NASDAQ · Medical - Diagnostics & Research

MDxHealth (MDXH)

Molecular prostate-cancer tests for testing and treatment decisions.

$0.6008
vs last close+0.00 (+0.15%)
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MDxHealth S.A.MDXH
Health Care

Offers molecular prostate-cancer tests, including Confirm mdx, GPS mdx and Exo mdx, to support testing and treatment decisions. It operates as one segment, with revenue primarily generated in the United States through tissue- and liquid-based testing.

Provides molecular diagnostics for prostate-cancer decision making. Its current menu includes Confirm mdx for men at risk of prostate cancer, GPS mdx for newly diagnosed men considering treatment or active surveillance, and Exo mdx, a liquid-based test.

Revenue is primarily generated in the United States, although the parent company is incorporated in Belgium. The business reports one segment and earns tissue-based and liquid-based testing revenue.

Operations depend on clinical-lab reimbursement, regulatory approvals and compliance, integration of acquired GPS and ExoDx assets, and creditor covenants. After a reimbursement-policy reversal, the company announced plans to discontinue Resolve UTI and close its Plano laboratory, concentrating on core prostate-cancer testing.

Company facts

CEOMichael K. McGarrity
ListedNov 27, 2023
ExchangeNASDAQ
HeadquartersHerstal, Belgium
CountryBelgium
Employees364
CIK0001872529
ISINBE0974461940

Market cap$30.8M
EPS (ttm)−$0.5900
P/E (ttm)−1.02
ROE
P/B
P/S0.3764
Dividend yieldDiv yield
Beta1.60vs XLV 0.01

Price target$2.50+316.7%Average of 6 analysts
ConsensusBuy6 of 6 analysts
Ratings

Target rangeAs of Sep 22, 2026

Latest analyst notes

DateFirmActionPriorCurrent
Aug 21, 2026BTIGReiterate
Rating: Target: $4
Rating: BuyTarget: $2
Aug 14, 2026Lake StreetReiterate
Rating: Target:
Rating: BuyTarget: $3
May 14, 2026BTIGReiterate
Rating: Target: $15
Rating: BuyTarget: $4

EPSReportedEstimate

Aug '24Nov '24Feb '25May '25Aug '25Nov '25May '26Aug '26
Reported−$0.31−$0.40−$0.14−$0.19−$0.15−$0.16−$0.19−$0.18
Estimate−$0.26−$0.27−$0.21−$0.13−$0.13−$0.12−$0.13−$0.19
Surprise−19.2%−48.1%+33.3%−46.2%−15.4%−33.3%−46.2%+6.9%

RevenueReportedEstimate

Aug '24Nov '24Feb '25May '25Aug '25Nov '25May '26Aug '26
Reported$42.0M$23.3M$24.7M$24.3M$26.6M$27.4M$23.9M$27.2M
Estimate$21.2M$21.5M$22.7M$23.9M$26.3M$26.3M$30.9M$26.1M
Surprise+97.7%+8.4%+9.1%+1.7%+1.1%+4.3%−22.6%+4.1%
Estimate−$0.19
Reported−$0.18+6.9%
Estimate$26.1M
Reported$27.2M+4.1%
View details

Current ratio115.00%

ProfitabilityRevenueNet incomeNet margin

Q4 FY22Q2 FY23Q4 FY23Q2 FY24Q4 FY24Q2 FY25Q4 FY25Q2 FY26
Revenue$24.0M$31.4M$38.7M$42.0M$48.1M$26.6M$54.7M$27.2M
Net income−$25.9M−$22.3M−$20.8M−$20.0M−$18.0M−$7.4M−$18.8M−$11.5M
Net margin0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%

GrowthOperating income

Q4 FY22Q2 FY23Q4 FY23Q2 FY24Q4 FY24Q2 FY25Q4 FY25Q2 FY26
Operating income−$20.9M−$16.5M−$10.9M−$14.0M−$10.7M−$1.9M−$11.6M−$5.1M
YoY growthLoss widenedLoss narrowedLoss narrowedLoss narrowedLoss narrowedLoss narrowedLoss widenedLoss widened

Balance sheet, Jun 30, 2026Cash & short-term investments $19.2M · Total debt $105.8M · Total assets $132.1M · Shareholders' equity −$30.4M

Revenue
$27.2M
Operating income
−$5.1M
Net income
−$11.5M
View details

No dividends on record.

Institutions32.30%16.59M ADS
26 holders · as of Jun 30, 2026
Insiders6.22%3.19M ADS
2 holders · as of Apr 13, 2026
Strategic holders12.54%6.44M ADS
1 holder · as of Jan 16, 2026
Other48.94%25.14M ADS
remainder

51.36M ADS (1 ADS = 3 ordinary shares) as of Sep 10, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing

The share count is from the company's Dec 2021 annual report; nothing newer is on file here.

Top shareholders13F · 13D/G · Form 4

HolderStakeSharesDate
Bleichroeder LPInstitution
14.36%7.38M ADSas of Jun 30, 2026
Genomic Health, Inc.Strategic
12.54%6.44Mfiled Jan 16, 2026
AWM Investment Company, Inc.Institution
9.49%4.88Mfiled Feb 7, 2025
MVM Partners, LLCInstitution
9.15%4.70M ADSas of Jun 30, 2026
Laurence W. LyttonInsider
6.16%3.16Mfiled Nov 14, 2025

Insider tradesForm 4

DateInsiderRoleSharesAvg price
Aug 13, 2026MVM Partners, LLCdirector+2,202,643$0.4540
View details

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Compare

CompanyPriceChange
MDxHealth$0.6008+0.15%$30.8M0.4−0.8%
Veracyte$42.60−1.75%$3.46B31.023.56.2+15.5%
Myriad Genetics$4.07+1.12%$379.7M0.5−10.5%
OPKO Health$1.72−0.87%$1.29B2.2+4.3%
Median31.023.52.2+4.3%