Tearsheet

Precipio (PRPO)


Market Price (5/23/2026): $23.65 | Market Cap: $42.2 Mil
Sector: Health Care | Industry: Life Sciences Tools & Services

Precipio (PRPO)


Market Price (5/23/2026): $23.65
Market Cap: $42.2 Mil
Sector: Health Care
Industry: Life Sciences Tools & Services

Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.

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Megatrend and thematic drivers
Megatrends include Precision Medicine, and Biotechnology & Genomics. Themes include Personalized Diagnostics, Advanced Diagnostics, Show more.

Not profitable at operating income level
Op Inc LTMOperating Income, Last Twelve Months is -1.8 Mil, Op Mgn LTMOperating Margin = Operating Income / Revenue Reflects profitability before taxes and before impact of capital structure (interest payments). is -6.9%

Expensive valuation multiples
P/CFOPrice/(Cash Flow from Operations). CFO is cash before capital expenditures. is 54x

Stock price has recently run up significantly
12M Rtn12 month market price return is 144%

Yield minus risk free rate is negative
ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -6.4%

Key risks
PRPO key risks include [1] its history of operating losses creating significant doubt about its ability to continue as a going concern and [2] challenges in securing adequate reimbursement for its diagnostic products.

0 Megatrend and thematic drivers
Megatrends include Precision Medicine, and Biotechnology & Genomics. Themes include Personalized Diagnostics, Advanced Diagnostics, Show more.
1 Not profitable at operating income level
Op Inc LTMOperating Income, Last Twelve Months is -1.8 Mil, Op Mgn LTMOperating Margin = Operating Income / Revenue Reflects profitability before taxes and before impact of capital structure (interest payments). is -6.9%
2 Expensive valuation multiples
P/CFOPrice/(Cash Flow from Operations). CFO is cash before capital expenditures. is 54x
3 Stock price has recently run up significantly
12M Rtn12 month market price return is 144%
4 Yield minus risk free rate is negative
ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -6.4%
5 Key risks
PRPO key risks include [1] its history of operating losses creating significant doubt about its ability to continue as a going concern and [2] challenges in securing adequate reimbursement for its diagnostic products.

Valuation, Metrics & Events

Price Chart

Why The Stock Moved

Qualitative Assessment

AI Analysis | Feedback

Precipio (PRPO) stock has lost about 5% since 1/31/2026 because of the following key factors:

1. Mixed Financial Results and Outlook Prevented Sustained Momentum. Precipio's Q1 2026 earnings, announced on May 14, 2026, showed stable revenue of $6.71 million, marginally higher than Q4 2025 revenue of $6.69 million, but Adjusted EBITDA significantly declined to $(0.16) million from $0.96 million in Q4 2025. While the CEO attributed flat revenue to timing and expressed confidence in growing underlying business fundamentals and product pipeline for the second half of 2026, the immediate financial results presented a mixed picture to investors, leading to a largely sideways stock movement.

2. Analyst Skepticism and Neutral Ratings Limited Upside. Wall Street analysts maintained a cautious stance on Precipio. As of May 8, 2026, the consensus rating from one analyst was "Sell." An AI analyst from TipRanks rated PRPO as "Neutral" on May 6, 2026, acknowledging improving fundamentals like revenue growth and positive cash flow but tempering this with concerns about financial-statement quality, consistency, and profitability durability. This lack of strong positive analyst sentiment likely curbed significant upward price movement.

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Stock Movement Drivers

Fundamental Drivers

The -3.0% change in PRPO stock from 1/31/2026 to 5/22/2026 was primarily driven by a -8.2% change in the company's Shares Outstanding (Mil).
(LTM values as of)13120265222026Change
Stock Price ($)24.5423.80-3.0%
Change Contribution By: 
Total Revenues ($ Mil)232613.3%
P/S Multiple1.81.6-6.8%
Shares Outstanding (Mil)22-8.2%
Cumulative Contribution-3.0%

LTM = Last Twelve Months as of date shown

Market Drivers

1/31/2026 to 5/22/2026
ReturnCorrelation
PRPO-3.0% 
Market (SPY)8.1%16.5%
Sector (XLV)-2.7%4.7%

Fundamental Drivers

The 16.1% change in PRPO stock from 10/31/2025 to 5/22/2026 was primarily driven by a 21.6% change in the company's Total Revenues ($ Mil).
(LTM values as of)103120255222026Change
Stock Price ($)20.5023.8016.1%
Change Contribution By: 
Total Revenues ($ Mil)212621.6%
P/S Multiple1.51.612.4%
Shares Outstanding (Mil)22-15.1%
Cumulative Contribution16.1%

LTM = Last Twelve Months as of date shown

Market Drivers

10/31/2025 to 5/22/2026
ReturnCorrelation
PRPO16.1% 
Market (SPY)9.9%8.7%
Sector (XLV)4.8%-2.2%

Fundamental Drivers

The 291.2% change in PRPO stock from 4/30/2025 to 5/22/2026 was primarily driven by a 235.4% change in the company's P/S Multiple.
(LTM values as of)43020255222026Change
Stock Price ($)6.0823.80291.2%
Change Contribution By: 
Total Revenues ($ Mil)192639.4%
P/S Multiple0.51.6235.4%
Shares Outstanding (Mil)12-16.3%
Cumulative Contribution291.2%

LTM = Last Twelve Months as of date shown

Market Drivers

4/30/2025 to 5/22/2026
ReturnCorrelation
PRPO291.2% 
Market (SPY)36.0%4.9%
Sector (XLV)8.6%2.2%

Fundamental Drivers

The 95.1% change in PRPO stock from 4/30/2023 to 5/22/2026 was primarily driven by a 174.4% change in the company's Total Revenues ($ Mil).
(LTM values as of)43020235222026Change
Stock Price ($)12.2023.8095.1%
Change Contribution By: 
Total Revenues ($ Mil)926174.4%
P/S Multiple1.51.611.1%
Shares Outstanding (Mil)12-36.0%
Cumulative Contribution95.1%

LTM = Last Twelve Months as of date shown

Market Drivers

4/30/2023 to 5/22/2026
ReturnCorrelation
PRPO95.1% 
Market (SPY)86.3%4.9%
Sector (XLV)18.0%4.1%

Return vs. Risk

Price Returns Compared

 202120222023202420252026Total [1]
Returns
PRPO Return-24%-65%-41%-15%315%7%-41%
Peers Return16%-55%18%-9%39%-20%-37%
S&P 500 Return27%-19%24%23%16%9%98%

Monthly Win Rates [3]
PRPO Win Rate33%33%17%42%75%60% 
Peers Win Rate43%32%47%43%50%36% 
S&P 500 Win Rate75%42%67%75%67%60% 

Max Drawdowns [4]
PRPO Max Drawdown-70%-71%-73%-36%-56%-26% 
Peers Max Drawdown-43%-60%-40%-36%-44%-44% 
S&P 500 Max Drawdown-5%-25%-10%-8%-19%-9% 


[1] Cumulative total returns since the beginning of 2021
[2] Peers: NEO, FLGT, MYGN, GH, QGEN.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2026 data is for the year up to 5/22/2026 (YTD)

How Low Can It Go

EventPRPOS&P 500
2025 US Tariff Shock
  % Loss-45.9%-18.8%
  % Gain to Breakeven84.8%23.1%
  Time to Breakeven42 days79 days
Summer-Fall 2023 Five Percent Yield Shock
  % Loss-18.7%-9.5%
  % Gain to Breakeven22.9%10.5%
  Time to Breakeven14 days24 days
2023 SVB Regional Banking Crisis
  % Loss-59.9%-6.7%
  % Gain to Breakeven149.3%7.1%
  Time to Breakeven800 days31 days
2020 COVID-19 Crash
  % Loss-65.9%-33.7%
  % Gain to Breakeven193.1%50.9%
  Time to Breakeven114 days140 days
Q4 2018 Fed Policy Error / Growth Scare
  % Loss-62.0%-19.2%
  % Gain to Breakeven163.4%23.8%
  Time to Breakeven109 days105 days
2016-2017 Trump Reflation Bond Selloff
  % Loss-92.6%-3.7%
  % Gain to Breakeven1243.3%3.9%
  Time to Breakeven17 days6 days

Compare to NEO, FLGT, MYGN, GH, QGEN

In The Past

Precipio's stock fell -45.9% during the 2025 US Tariff Shock. Such a loss loss requires a 84.8% gain to breakeven.

Preserve Wealth

Limiting losses and compounding gains is essential to preserving wealth.

Asset Allocation

Actively managed asset allocation strategies protect wealth. Learn more.

EventPRPOS&P 500
2025 US Tariff Shock
  % Loss-45.9%-18.8%
  % Gain to Breakeven84.8%23.1%
  Time to Breakeven42 days79 days
2023 SVB Regional Banking Crisis
  % Loss-59.9%-6.7%
  % Gain to Breakeven149.3%7.1%
  Time to Breakeven800 days31 days
2020 COVID-19 Crash
  % Loss-65.9%-33.7%
  % Gain to Breakeven193.1%50.9%
  Time to Breakeven114 days140 days
Q4 2018 Fed Policy Error / Growth Scare
  % Loss-62.0%-19.2%
  % Gain to Breakeven163.4%23.8%
  Time to Breakeven109 days105 days
2016-2017 Trump Reflation Bond Selloff
  % Loss-92.6%-3.7%
  % Gain to Breakeven1243.3%3.9%
  Time to Breakeven17 days6 days
2010 Eurozone Sovereign Debt Crisis / Flash Crash
  % Loss-33.8%-15.4%
  % Gain to Breakeven51.2%18.2%
  Time to Breakeven125 days125 days
2008-2009 Global Financial Crisis
  % Loss-60.4%-53.4%
  % Gain to Breakeven152.4%114.4%
  Time to Breakeven58 days1085 days

Compare to NEO, FLGT, MYGN, GH, QGEN

In The Past

Precipio's stock fell -45.9% during the 2025 US Tariff Shock. Such a loss loss requires a 84.8% gain to breakeven.

Preserve Wealth

Limiting losses and compounding gains is essential to preserving wealth.

Asset Allocation

Actively managed asset allocation strategies protect wealth. Learn more.

About Precipio (PRPO)

Precipio, Inc., a healthcare solutions company, provides diagnostic products, reagents, and services in the United States. It provides diagnostic blood cancer testing services. The company offers IV-Cell, a proprietary cell culture media that enables simultaneous culturing of four hematopoietic cell lineages; HemeScreen, a suite of robust genetic diagnostic panels; ICE-COLD PCR, a proprietary and patented specimen technology that increases the sensitivity of molecular based tests; and COVID-19 antibody tests. It sells ICE-COLD-PCR technology kits to bio-pharma customers. Precipio, Inc. has collaborations with academic institutions specializing in cancer research, diagnostics, and treatment. The company is based in New Haven, Connecticut.

AI Analysis | Feedback

1. Precipio is like a specialized Quest Diagnostics or LabCorp, focusing on advanced diagnostic testing for blood cancers.

2. Precipio is like Exact Sciences, but dedicated to blood cancer diagnostics, offering both testing services and proprietary technologies.

3. Precipio is like a niche Illumina or Thermo Fisher Scientific, developing specialized molecular diagnostic technologies and reagents for blood cancer.

AI Analysis | Feedback

  • Diagnostic blood cancer testing services: Precipio provides specialized services for diagnosing blood cancers.
  • IV-Cell: A proprietary cell culture media designed for the simultaneous culturing of four hematopoietic cell lineages.
  • HemeScreen: A suite of robust genetic diagnostic panels used for advanced testing.
  • ICE-COLD PCR: A proprietary and patented specimen technology that enhances the sensitivity of molecular-based tests, also sold as kits to bio-pharma customers.
  • COVID-19 antibody tests: Tests offered to detect antibodies for the COVID-19 virus.

AI Analysis | Feedback

Precipio (PRPO) primarily sells its diagnostic products, reagents, and services to other companies and institutions, rather than directly to individuals. Based on the provided description, its major customers fall into the following categories:

  • Bio-pharma companies: Precipio sells its ICE-COLD-PCR technology kits to customers within the bio-pharmaceutical industry.
  • Academic institutions: The company has collaborations with academic institutions specializing in cancer research, diagnostics, and treatment, indicating these institutions are recipients of its technologies and services.
  • Healthcare providers and diagnostic laboratories: Precipio provides diagnostic blood cancer testing services, IV-Cell (cell culture media), HemeScreen (genetic diagnostic panels), and COVID-19 antibody tests. These types of products and services are typically utilized by hospitals, clinics, and reference laboratories for patient diagnosis and research.

AI Analysis | Feedback

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AI Analysis | Feedback

Ilan Danieli, CEO Ilan Danieli has served as Precipio's CEO since co-founding the company in early 2011. He brings over 20 years of experience managing small and medium-sized companies. His previous experiences include serving as COO of Osiris, a publicly-traded company, and working at Laurus Capital Management, a multi-billion dollar hedge fund. Danieli was also Co-Owner and Director of Marketing for Link Productions and Magnolia Broadband. Matthew Gage, CFO Matthew Gage was appointed Chief Financial Officer of Precipio in March 2022. He previously served as the Director of Financial Reporting and Analysis for Precipio, a role he took on in June 2017 after the company's acquisition of Transgenomic Inc. He had held the same position at Transgenomic Inc. since 2014. Gage has over 30 years of experience in corporate finance, working with both private and public companies. A. Zaki Sabet, COO A. Zaki Sabet has been with Precipio since co-founding the company in 2011 and currently serves as its Chief Operating Officer. He possesses over 12 years of experience in laboratory management, with a primary focus on cancer diagnostics. Before joining Precipio, Zaki served as a consultant with the College of American Pathologists (CAP) and various diagnostic companies, helping them establish specialized cancer testing operations. Ayman Mohamed, MD, CTO Dr. Ayman Mohamed is one of the co-founders of Precipio and currently holds the position of Chief Technology Officer. He is responsible for the entire process of proprietary technology development, from conceptualization and invention to technical implementation in Precipio's clinical laboratories. Prior to Precipio, Dr. Mohamed held technical and research roles at commercial diagnostic companies and academic centers such as Yale University. Miri Chiko-Radomski, Chief Legal Counsel and People Officer Miri Chiko-Radomski brings extensive international legal experience from Sweden, England, and Israel to her role as Chief Legal Counsel and People Officer at Precipio. She specializes in advising on equity capital markets, general corporate matters, corporate restructurings, corporate governance, and M&A transactions.

AI Analysis | Feedback

  1. Challenges in Achieving Sustained Profitability and Financial Stability: Precipio has historically faced recurring operating losses, leading to "going concern" disclosures in financial audits. While the company has made strides in improving its financial health, including debt reduction and enhanced cash flow from operations, it has not yet achieved consistent GAAP net profitability and reported a net loss in Q3 2025. The company's Altman Z-Score, which assesses the likelihood of financial distress, places it in the "distress zone". Furthermore, Precipio's relatively small market capitalization contributes to high stock volatility and liquidity risks.

  2. Regulatory and Technological Risks in the Diagnostics Industry: Operating in the highly regulated healthcare sector, Precipio is exposed to significant regulatory and technological risks. Evolving regulations, such as potential FDA rulings on Laboratory Developed Tests (LDTs), could necessitate costly product submission for approval. The development and commercialization of diagnostic products also involve inherent product liability risks, including claims arising from inaccurate test results that could lead to adverse health outcomes for patients. Additionally, like all healthcare companies handling sensitive data, Precipio faces cybersecurity and data privacy concerns, as evidenced by a 2024 incident involving its clearinghouse service, Change Healthcare, which impacted cash inflows, although the advance received has since been repaid.

  3. Intense Competition and Limited Market Penetration: Precipio operates in a highly competitive cancer diagnostics market with numerous established and emerging players. The company's estimated market share remains under 1% of its total addressable market. This competitive landscape requires continuous innovation and effective market strategies to differentiate its proprietary technologies and services, such as IV-Cell, HemeScreen, and ICE-COLD PCR, and to gain wider adoption against a diverse range of competitors.

AI Analysis | Feedback

The rapid development and increasing commercialization of multi-cancer early detection (MCED) tests and advanced liquid biopsy platforms pose an emerging threat. These technologies aim to detect multiple types of cancer, often including blood cancers, from a single blood sample with high sensitivity and specificity, potentially much earlier than current methods. If these comprehensive, non-invasive tests gain widespread adoption for screening and early diagnosis, they could significantly disrupt the market for Precipio's more targeted diagnostic blood cancer testing services and genetic panels (HemeScreen) by offering a broader, potentially earlier, and less invasive diagnostic approach from competing large diagnostic and pharma companies.

AI Analysis | Feedback

Precipio, Inc. (NASDAQ: PRPO) operates in several key diagnostic markets. The addressable market sizes for its main products and services are outlined below:

  • Diagnostic Blood Cancer Testing Services: The global blood cancer diagnostics market was estimated at approximately USD 10.83 billion in 2024 and is projected to grow to about USD 16.04 billion by 2030, at a Compound Annual Growth Rate (CAGR) of 6.87% from 2025 to 2030. In the United States alone, this market was valued at USD 4.56 billion in 2024 and is predicted to reach around USD 9.04 billion by 2034, with a CAGR of 7.08% from 2025 to 2034. North America held the largest share of the global blood cancer diagnostics market, accounting for 37.7% in 2024.
  • IV-Cell (Cell Culture Media): The global cell culture media market, which includes products like IV-Cell, was valued at USD 7.69 billion in 2025 and is expected to reach approximately USD 20.32 billion by 2034, expanding at a CAGR of 11.45% during the forecast period from 2025 to 2034. North America holds the largest revenue share in the cell culture media market, accounting for 38.21% in 2024.
  • HemeScreen (Genetic Diagnostic Panels): The global gene panel market, encompassing genetic diagnostic panels such as HemeScreen, was valued at USD 4.85 billion in 2024. It is anticipated to grow to approximately USD 25.17 billion by 2034, exhibiting a CAGR of 17.9% from 2025 to 2034. North America dominated the global gene panel market with a 37% share in 2024, with the U.S. accounting for 72% of the North American market.
  • ICE-COLD PCR (Molecular Diagnostics/PCR Technologies): ICE-COLD PCR is a proprietary specimen technology that increases the sensitivity of molecular-based tests. The broader global PCR technologies market was approximately USD 16.90 billion in 2025 and is projected to reach about USD 31.39 billion by 2034, with a CAGR of 7.12% from 2025 to 2034. North America led this market with a 44% share in 2024. The U.S. molecular diagnostics market, which includes PCR technologies, was valued at USD 8.93 billion in 2026 and is projected to reach USD 14.32 billion by 2031.
  • COVID-19 Antibody Tests: Precipio launched a COVID-19 rapid antibody test in May 2021. The global COVID-19 antibody detection kit market is projected to reach USD 5.67 billion by 2025, with an anticipated CAGR of 6.9%. North America and Europe together account for approximately USD 10 billion of the global antibody detection kit market. The U.S. COVID-19 detection point-of-care (POC) kits market generated USD 975.2 million in 2022 and is expected to reach USD 769.2 million by 2030, with a negative CAGR of -2.9% from 2023 to 2030.

AI Analysis | Feedback

Precipio, Inc. (PRPO) is expected to drive future revenue growth over the next 2-3 years through several key initiatives and market dynamics:

  1. Continued Growth in Pathology Services Division: Precipio has demonstrated consistent revenue growth in its Pathology Services Division, with a significant increase in test volume and the adoption of its services by new physicians. For example, in Q3 2025, the Pathology Services Division's revenue increased by 20% quarter-over-quarter, reaching $6 million. Similarly, Q1 2025 saw a 54% year-over-year revenue growth and a 46% increase in test volume for this division, accompanied by 11 new ordering physicians utilizing their services. The company expects pathology division margins to stabilize in the mid-40% range with continued volume increases, further contributing to profitability that can be reinvested into growth.
  2. Expansion of the Product Division through New Offerings and Customer Acquisition: The Product Division is a significant growth area, driven by the launch of new diagnostic panels and the onboarding of new customers. In Q1 2025, Precipio successfully introduced two new panels and acquired a new customer, with expectations for increased orders. Additionally, two existing customers commenced validations for four new panels. The Product Division's revenue grew by 16% quarter-over-quarter in Q3 2025.
  3. Expanded Reimbursement and Favorable Regulatory Environment: Key regulatory and reimbursement developments are poised to positively impact revenue. The MolDx approval for Next-Generation Sequencing (NGS) testing is anticipated to boost future Medicare revenue. Furthermore, the reversal of the FDA ruling on Laboratory Developed Tests (LDTs) has removed a prior barrier for some laboratories, which is expected to increase future engagement and adoption of Precipio's products and services.
  4. Increased Market Penetration and Customer Acquisition: Precipio is focused on broadening its customer base through enhanced distributor relationships and expanded technical support capabilities. Management anticipates that several additional customers will come online in the upcoming quarters, contributing to sustained double-digit growth across both its Pathology Services and Product divisions.
  5. Operational Efficiencies and Margin Expansion: While not a direct revenue driver, the company's focus on improving operational efficiencies and expanding gross margins is critical for sustainable growth. Precipio's overall gross margins improved to 44% in Q3 2025 from 43% in Q2 2025 and are expected to exceed 50% by mid-2026. This improved profitability allows for greater reinvestment in growth initiatives and strengthens the company's financial position, indirectly fueling future revenue generation.

AI Analysis | Feedback

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Better Bets vs. Precipio (PRPO)

Latest Trefis Analyses

TitleDate
0DASHBOARDS 
1Precipio Earnings Notes12/16/2025
2Precipio Stock Lost 5.1%, Buy Or Wait?10/17/2025
Title
0ARTICLES

Trade Ideas

Select ideas related to PRPO.

Unique KeyDateTickerCompanyCategoryTrade Strategy6M Fwd Rtn12M Fwd Rtn12M Max DD
GEHC_4302026_Dip_Buyer_FCFYield04302026GEHCGE HealthCare TechnologiesDip BuyDB | FCFY OPMDip Buy with High FCF Yield and High Margin
Buying dips for companies with high FCF yield and meaningfully high operating margin
0.0%0.0%0.0%
IQV_4302026_Dip_Buyer_FCFYield04302026IQVIQVIADip BuyDB | FCFY OPMDip Buy with High FCF Yield and High Margin
Buying dips for companies with high FCF yield and meaningfully high operating margin
0.0%0.0%0.0%
UHS_4302026_Dip_Buyer_FCFYield04302026UHSUniversal Health ServicesDip BuyDB | FCFY OPMDip Buy with High FCF Yield and High Margin
Buying dips for companies with high FCF yield and meaningfully high operating margin
0.0%0.0%0.0%
ABT_4302026_Dip_Buyer_ValueBuy04302026ABTAbbott LaboratoriesDip BuyDB | P/E OPMDip Buy with Low PE and High Margin
Buying dips for companies with tame PE and meaningfully high operating margin
0.0%0.0%0.0%
ZBIO_4302026_Insider_Buying_45D_2Buy_200K04302026ZBIOZenas BioPharmaInsiderInsider Buys 45DStrong Insider Buying
Companies with multiple insider buys in the last 45 days
0.0%0.0%0.0%

Recent Active Movers

Peer Comparisons

Peers to compare with:

Financials

PRPONEOFLGTMYGNGHQGENMedian
NamePrecipio NeoGenom.Fulgent .Myriad G.Guardant.Qiagen  
Mkt Price23.809.2317.113.82118.9535.1720.45
Mkt Cap0.01.20.50.415.67.30.9
Rev LTM267463208291,0802,099787
Op Inc LTM-2-79-106-64-448512-71
FCF LTM1-5-113-23-237404-14
FCF 3Y Avg-0-26-42-71-281422-34
CFO LTM122-902-1886152
CFO 3Y Avg-05-13-33-247605-7

Growth & Margins

PRPONEOFLGTMYGNGHQGENMedian
NamePrecipio NeoGenom.Fulgent .Myriad G.Guardant.Qiagen  
Rev Chg LTM29.0%10.9%9.5%-0.3%39.6%4.8%10.2%
Rev Chg 3Y Avg39.1%12.1%-3.3%6.2%31.0%1.7%9.1%
Rev Chg Q36.2%11.1%-3.2%2.3%48.3%1.8%6.7%
QoQ Delta Rev Chg LTM7.4%2.6%-0.7%0.5%10.0%0.4%1.6%
Op Inc Chg LTM41.0%7.7%-47.3%28.0%1.6%125.6%17.8%
Op Inc Chg 3Y Avg45.1%15.3%-35.5%26.4%6.8%23.9%19.6%
Op Mgn LTM-6.9%-10.5%-33.1%-7.7%-41.4%24.4%-9.1%
Op Mgn 3Y Avg-21.3%-12.9%-27.6%-11.3%-62.7%19.5%-17.1%
QoQ Delta Op Mgn LTM-1.9%1.6%-4.8%0.5%3.1%-0.5%-0.0%
CFO/Rev LTM3.1%3.0%-28.1%0.3%-17.4%29.3%1.6%
CFO/Rev 3Y Avg-2.8%0.6%-3.4%-4.3%-33.0%30.0%-3.1%
FCF/Rev LTM2.1%-0.7%-35.3%-2.8%-22.0%19.2%-1.7%
FCF/Rev 3Y Avg-3.8%-4.0%-13.3%-9.0%-37.1%20.9%-6.5%

Valuation

PRPONEOFLGTMYGNGHQGENMedian
NamePrecipio NeoGenom.Fulgent .Myriad G.Guardant.Qiagen  
Mkt Cap0.01.20.50.415.67.30.9
P/S1.61.61.60.414.53.51.6
P/Op Inc-24.0-15.2-5.0-5.6-34.914.2-10.4
P/EBIT-49.4-12.0-6.3-0.9-36.314.8-9.1
P/E-46.0-12.0-7.2-0.9-36.018.1-9.6
P/CFO53.553.2-5.9149.1-83.211.832.5
Total Yield-2.2%-8.3%-14.0%-111.7%-2.8%5.5%-5.5%
Dividend Yield0.0%0.0%0.0%0.0%0.0%-0.0%0.0%
FCF Yield 3Y Avg-6.5%-1.7%-8.8%-6.0%-6.6%4.8%-6.2%
D/E0.10.30.00.60.10.20.2
Net D/E0.00.2-0.50.20.00.10.1

Returns

PRPONEOFLGTMYGNGHQGENMedian
NamePrecipio NeoGenom.Fulgent .Myriad G.Guardant.Qiagen  
1M Rtn-15.0%12.8%5.0%-24.8%32.8%-12.0%-3.5%
3M Rtn-6.2%-6.7%-26.2%-11.0%15.4%-27.6%-8.8%
6M Rtn-2.9%-19.6%-43.0%-48.2%12.8%-25.0%-22.3%
12M Rtn144.1%26.8%-16.6%-2.8%221.1%-16.6%12.0%
3Y Rtn84.5%-48.5%-57.5%-83.2%299.3%-20.9%-34.7%
1M Excs Rtn-17.1%11.6%1.6%-25.4%30.2%-12.5%-5.5%
3M Excs Rtn-13.4%-16.7%-34.9%-22.1%16.7%-35.2%-19.4%
6M Excs Rtn-21.8%-22.7%-53.5%-53.2%7.0%-33.5%-28.1%
12M Excs Rtn112.5%-3.1%-43.5%-34.0%192.8%-44.5%-18.6%
3Y Excs Rtn15.4%-129.3%-131.8%-159.3%229.8%-98.9%-114.1%

Comparison Analyses

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Financials

Segment Financials

Revenue by Segment
$ Mil20252024202320222021
Third party payers9    
Medicare6    
Product revenue33110
Contract diagnostics and other0    
Medicaid0    
Self-pay0    
Adjustment for allowance for credit losses-0    
Service revenue, net, less allowance for credit loss 12886
Total1915996


Price Behavior

Price Behavior
Market Price$23.80 
Market Cap ($ Bil)0.0 
First Trading Date07/18/2000 
Distance from 52W High-26.5% 
   50 Days200 Days
DMA Price$27.39$22.77
DMA Trendupup
Distance from DMA-13.1%4.5%
 3M1YR
Volatility68.0%74.8%
Downside Capture218.6176.07
Upside Capture130.85158.53
Correlation (SPY)17.2%5.3%
PRPO Betas & Captures as of 4/30/2026

 1M2M3M6M1Y3Y
Beta0.790.890.790.430.280.24
Up Beta-1.28-1.54-1.48-1.33-0.940.54
Down Beta7.37-0.800.26-0.53-0.160.00
Up Capture305%327%254%225%318%11%
Bmk +ve Days15223166141428
Stock +ve Days12233360123347
Down Capture857%178%141%101%2%4%
Bmk -ve Days4183056108321
Stock -ve Days10203164125380

[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
Based On 1-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with PRPO
PRPO100.3%71.1%1.27-
Sector ETF (XLV)16.0%14.5%0.806.6%
Equity (SPY)29.5%12.0%1.867.2%
Gold (GLD)35.5%26.8%1.114.9%
Commodities (DBC)42.9%18.7%1.776.7%
Real Estate (VNQ)15.2%13.1%0.82-1.6%
Bitcoin (BTCUSD)-29.5%41.7%-0.7319.9%

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Based On 5-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with PRPO
PRPO-20.1%76.2%0.03-
Sector ETF (XLV)5.7%14.7%0.218.5%
Equity (SPY)14.0%17.0%0.6414.4%
Gold (GLD)18.8%18.0%0.85-1.7%
Commodities (DBC)10.4%19.4%0.426.1%
Real Estate (VNQ)3.8%18.8%0.1010.8%
Bitcoin (BTCUSD)12.2%55.3%0.4211.5%

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Based On 10-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with PRPO
PRPO-40.6%450.3%0.40-
Sector ETF (XLV)9.9%16.5%0.491.7%
Equity (SPY)15.7%17.9%0.752.7%
Gold (GLD)13.0%16.0%0.67-1.2%
Commodities (DBC)7.8%17.9%0.354.8%
Real Estate (VNQ)5.5%20.7%0.232.0%
Bitcoin (BTCUSD)67.2%66.9%1.060.0%

Smart multi-asset allocation framework can stack odds in your favor. Learn How

Short Interest

Short Interest: As Of Date4302026
Short Interest: Shares Quantity0.0 Mil
Short Interest: % Change Since 4152026-22.1%
Average Daily Volume0.0 Mil
Days-to-Cover Short Interest1
Basic Shares Quantity1.8 Mil
Short % of Basic Shares0.4%

Earnings Returns History

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 Forward Returns
Earnings Date1D Returns5D Returns21D Returns
2/27/20262.5%10.2%-0.8%
5/15/202510.2%36.4%52.2%
2/28/2022-2.6%-2.6%-11.8%
7/28/20210.7%-2.0%19.8%
7/22/2020-11.6%-16.3%85.0%
SUMMARY STATS   
# Positive323
# Negative232
Median Positive2.5%23.3%52.2%
Median Negative-7.1%-2.6%-6.3%
Max Positive10.2%36.4%85.0%
Max Negative-11.6%-16.3%-11.8%

SEC Filings

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Report DateFiling DateFiling
03/31/202605/14/202610-Q
12/31/202503/30/202610-K
09/30/202511/14/202510-Q
06/30/202508/13/202510-Q
03/31/202505/14/202510-Q
12/31/202403/27/202510-K
09/30/202411/06/202410-Q
06/30/202408/13/202410-Q
03/31/202405/14/202410-Q
12/31/202303/29/202410-K
09/30/202311/13/202310-Q
06/30/202308/11/202310-Q
03/31/202305/12/202310-Q
12/31/202203/30/202310-K
09/30/202211/10/202210-Q
06/30/202208/11/202210-Q

Insider Activity

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#OwnerTitleHoldingActionFiling DatePriceSharesTransacted
Value
Value of
Held Shares
Form
1Sandberg, Richard AWythburn Associates, Ltd, 94% owned jointly by reporting person and spouseSell521202625.0050012,50097,500Form
2Sandberg, Richard ADirectSell521202624.892,03450,632202,677Form
3Sandberg, Richard AWythburn Associates, Ltd, 94% owned jointly by reporting person and spouseSell521202624.4260014,652107,451Form
4Sabet, Ahmed ZakiChief Operating OfficerDirectBuy410202627.931953128,880Form
5Sabet, Ahmed ZakiChief Operating OfficerDirectBuy106202623.402046817,199Form