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Personalis (PSNL)


Market Price (4/13/2026): $6.05 | Market Cap: $558.3 Mil
Sector: Health Care | Industry: Life Sciences Tools & Services

Personalis (PSNL)


Market Price (4/13/2026): $6.05
Market Cap: $558.3 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.

0

Cash is significant % of market cap
Net D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is -36%

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

Meaningful short interest
Short Interest % of Basic SharesShort Interest % of Basic Shares = (Short Interest Quantity) / (Basic Shares Outstanding). A high fraction of short interest can indicate potential risk of a short squeeze. is 13%

Not profitable at operating income level
Op Inc LTMOperating Income, Last Twelve Months is -88 Mil, Op Mgn LTMOperating Margin = Operating Income / Revenue Reflects profitability before taxes and before impact of capital structure (interest payments). is -126%

Weak revenue growth
Rev Chg LTMRevenue Change % Last Twelve Months (LTM) is -18%

Significant share based compensation
SBC/Rev LTMShare Based Compensation / Revenue (Sales), Last Twelve Months (LTM) is 14%

Not cash flow generative
CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is -108%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is -114%

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 -19%

Key risks
PSNL key risks include [1] its consistent lack of profitability and sustained financial losses and [2] its heavy reliance on securing Medicare reimbursement for its pivotal NeXT Personal cancer test.

0 Cash is significant % of market cap
Net D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is -36%
1 Megatrend and thematic drivers
Megatrends include Precision Medicine, and Biotechnology & Genomics. Themes include Personalized Diagnostics, Biopharmaceutical R&D, Show more.
2 Meaningful short interest
Short Interest % of Basic SharesShort Interest % of Basic Shares = (Short Interest Quantity) / (Basic Shares Outstanding). A high fraction of short interest can indicate potential risk of a short squeeze. is 13%
3 Not profitable at operating income level
Op Inc LTMOperating Income, Last Twelve Months is -88 Mil, Op Mgn LTMOperating Margin = Operating Income / Revenue Reflects profitability before taxes and before impact of capital structure (interest payments). is -126%
4 Weak revenue growth
Rev Chg LTMRevenue Change % Last Twelve Months (LTM) is -18%
5 Significant share based compensation
SBC/Rev LTMShare Based Compensation / Revenue (Sales), Last Twelve Months (LTM) is 14%
6 Not cash flow generative
CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is -108%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is -114%
7 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 -19%
8 Key risks
PSNL key risks include [1] its consistent lack of profitability and sustained financial losses and [2] its heavy reliance on securing Medicare reimbursement for its pivotal NeXT Personal cancer test.

Valuation, Metrics & Events

Price Chart

Why The Stock Moved

Qualitative Assessment

AI Analysis | Feedback

Personalis (PSNL) stock has lost about 25% since 12/31/2025 because of the following key factors:

1. Disappointing 2026 Revenue Guidance and Increased Projected Net Losses. Personalis's full-year 2026 revenue guidance of $78.0 to $80.0 million, despite implying approximately 14% year-over-year growth, underwhelmed investors who anticipated a more aggressive growth re-acceleration following recent Medicare coverage wins for its minimal residual disease (MRD) tests. This muted outlook was compounded by projections of a higher net loss of around $105 million for 2026, compared to $81.3 million in 2025, and an estimated cash usage of approximately $100 million, up from about $74 million in 2025, signaling continued and growing unprofitability.

2. Gross Margin Compression and Decline in Population Sequencing and Enterprise Sales. The company reported a compressed gross margin of 11% in Q4 2025, with a forecast of only 15-20% for the full year 2026, potentially hitting a low point in Q1 2026. This margin pressure directly impacts profitability. Furthermore, Personalis's guidance indicated a decline in revenue from population sequencing and enterprise sales, which are projected to decrease from $17.6 million in fiscal year 2025 to approximately $13.0 million in fiscal year 2026, serving as a revenue headwind.

Show more

Stock Movement Drivers

Fundamental Drivers

The -24.4% change in PSNL stock from 12/31/2025 to 4/12/2026 was primarily driven by a -21.9% change in the company's P/S Multiple.
(LTM values as of)123120254122026Change
Stock Price ($)7.966.02-24.4%
Change Contribution By: 
Total Revenues ($ Mil)69700.8%
P/S Multiple10.28.0-21.9%
Shares Outstanding (Mil)8992-3.9%
Cumulative Contribution-24.4%

LTM = Last Twelve Months as of date shown

Market Drivers

12/31/2025 to 4/12/2026
ReturnCorrelation
PSNL-24.4% 
Market (SPY)-5.4%45.8%
Sector (XLV)-4.8%38.1%

Fundamental Drivers

The -7.7% change in PSNL stock from 9/30/2025 to 4/12/2026 was primarily driven by a -13.3% change in the company's Total Revenues ($ Mil).
(LTM values as of)93020254122026Change
Stock Price ($)6.526.02-7.7%
Change Contribution By: 
Total Revenues ($ Mil)8070-13.3%
P/S Multiple7.28.011.0%
Shares Outstanding (Mil)8992-4.1%
Cumulative Contribution-7.7%

LTM = Last Twelve Months as of date shown

Market Drivers

9/30/2025 to 4/12/2026
ReturnCorrelation
PSNL-7.7% 
Market (SPY)-2.9%41.5%
Sector (XLV)6.3%35.1%

Fundamental Drivers

The 71.5% change in PSNL stock from 3/31/2025 to 4/12/2026 was primarily driven by a 163.8% change in the company's P/S Multiple.
(LTM values as of)33120254122026Change
Stock Price ($)3.516.0271.5%
Change Contribution By: 
Total Revenues ($ Mil)8570-17.7%
P/S Multiple3.08.0163.8%
Shares Outstanding (Mil)7392-21.0%
Cumulative Contribution71.5%

LTM = Last Twelve Months as of date shown

Market Drivers

3/31/2025 to 4/12/2026
ReturnCorrelation
PSNL71.5% 
Market (SPY)16.3%39.7%
Sector (XLV)2.3%38.5%

Fundamental Drivers

The 118.1% change in PSNL stock from 3/31/2023 to 4/12/2026 was primarily driven by a 306.3% change in the company's P/S Multiple.
(LTM values as of)33120234122026Change
Stock Price ($)2.766.02118.1%
Change Contribution By: 
Total Revenues ($ Mil)65707.1%
P/S Multiple2.08.0306.3%
Shares Outstanding (Mil)4692-49.9%
Cumulative Contribution118.1%

LTM = Last Twelve Months as of date shown

Market Drivers

3/31/2023 to 4/12/2026
ReturnCorrelation
PSNL118.1% 
Market (SPY)63.3%29.1%
Sector (XLV)19.1%27.8%

Return vs. Risk

Price Returns Compared

 202120222023202420252026Total [1]
Returns
PSNL Return-61%-86%6%175%38%-23%-83%
Peers Return-15%-65%8%22%92%-2%-25%
S&P 500 Return27%-19%24%23%16%-0%82%

Monthly Win Rates [3]
PSNL Win Rate50%8%50%33%50%25% 
Peers Win Rate52%27%48%52%57%45% 
S&P 500 Win Rate75%42%67%75%67%50% 

Max Drawdowns [4]
PSNL Max Drawdown-67%-88%-53%-45%-48%-23% 
Peers Max Drawdown-23%-72%-29%-40%-23%-15% 
S&P 500 Max Drawdown-1%-25%-1%-2%-15%-7% 


[1] Cumulative total returns since the beginning of 2021
[2] Peers: GH, NTRA, ADPT, TXG, ILMN.
[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 4/10/2026 (YTD)

How Low Can It Go

Unique KeyEventPSNLS&P 500
2022 Inflation Shock2022 Inflation Shock  
2022 Inflation Shock% Loss% Loss-98.2%-25.4%
2022 Inflation Shock% Gain to Breakeven% Gain to Breakeven5385.4%34.1%
2022 Inflation ShockTime to BreakevenTime to BreakevenNot Fully Recovered days464 days
2020 Covid Pandemic2020 Covid Pandemic  
2020 Covid Pandemic% Loss% Loss-61.7%-33.9%
2020 Covid Pandemic% Gain to Breakeven% Gain to Breakeven161.3%51.3%
2020 Covid PandemicTime to BreakevenTime to Breakeven65 days148 days

Compare to GH, NTRA, ADPT, TXG, ILMN

In The Past

Personalis's stock fell -98.2% during the 2022 Inflation Shock from a high on 1/20/2021. A -98.2% loss requires a 5385.4% gain to breakeven.

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About Personalis (PSNL)

Personalis, Inc. operates as a cancer genomics company worldwide. The company provides sequencing and data analysis services to support the development of cancer therapies and large-scale genetic research programs. It offers NeXT Platform, which provides data analysis for tumor and its immune microenvironment, from a single limited tissue or plasma sample; ImmunoID Next for tumor profiling from tissue; NeXT Liquid Biopsy for tumor profiling from plasma; NeXT Personal, a liquid biopsy offering for personalized tumor tracking for patients; NeXT Dx Test, a genomic cancer profiling test enabling composite biomarkers for cancer treatment; and NeXT SHERPA and NeXT NEOPS for neoantigen prediction capabilities. The company also provides ACE platform for clinical and therapeutic applications such as neoantigen prediction, biomarker identification, and novel drug target selection. It serves biopharmaceutical customers, universities, non-profits, and government entities. The company has partnership with Mayo Clinic; MapKure, LLC; SpringWorks Therapeutics, Inc.; and Moores Cancer Center. Personalis, Inc. was incorporated in 2011 and is headquartered in Menlo Park, California.

AI Analysis | Feedback

Here are 1-2 brief analogies for Personalis (PSNL):

  1. They're like **Guardant Health**, but providing more comprehensive cancer genomic data and analysis specifically for drug developers.

  2. An **IQVIA** or **PPD** focused purely on advanced cancer genomic data and analysis for biopharma R&D.

AI Analysis | Feedback

  • NeXT Platform: A platform that provides sequencing and data analysis services for tumors and their immune microenvironments from various samples.
  • ImmunoID Next: A service offered for tumor profiling specifically from tissue samples.
  • NeXT Liquid Biopsy: A service offered for tumor profiling specifically from plasma samples.
  • NeXT Personal: A liquid biopsy offering designed for personalized tumor tracking in patients.
  • NeXT Dx Test: A genomic cancer profiling test used to identify composite biomarkers for cancer treatment.
  • NeXT SHERPA: A capability for neoantigen prediction.
  • NeXT NEOPS: Another capability for neoantigen prediction.
  • ACE platform: A platform utilized for clinical and therapeutic applications such as neoantigen prediction, biomarker identification, and novel drug target selection.

AI Analysis | Feedback

Personalis, Inc. (PSNL) primarily serves other companies and organizations rather than individuals. Its major customers can be categorized as follows:

  • Biopharmaceutical Companies: Personalis supports these companies in the development of cancer therapies. Based on the provided information, a key customer identified through partnership is:
    • SpringWorks Therapeutics, Inc. (SWTX)
    • MapKure, LLC (a private company)
  • Universities: These institutions engage Personalis for large-scale genetic research programs and clinical applications.
  • Non-profits: Similar to universities, non-profit organizations utilize Personalis's services for genetic research and therapeutic development.
  • Government Entities: These organizations also leverage Personalis's expertise for genetic research programs and clinical applications.

AI Analysis | Feedback

Illumina (ILMN)

AI Analysis | Feedback

Christopher Hall, Chief Executive Officer and President

Christopher Hall was appointed CEO of Personalis in March 2023, having joined the company in October 2022 and becoming President at the end of December 2022. He previously served as President, Chief Operating Officer, and Chief Commercial Officer at Veracyte, Inc. Hall also held the role of Senior Vice President and Chief Business Officer at Berkeley HeartLab, Inc., which was part of Celera Corporation.

Aaron Tachibana, Chief Financial Officer and Chief Operating Officer

Aaron Tachibana was promoted to Chief Operating Officer in March 2023, in addition to his role as Chief Financial Officer. He joined Personalis in 2019 and guided the company through its initial public offering. Prior to Personalis, he served as Chief Financial Officer at Lumentum and Pericom Semiconductor, and as Vice President of Finance, Corporate Controller for JDSU. Tachibana also served as Interim CEO from December 2022 until March 2023.

Richard Chen, Executive Vice President of R&D and Chief Medical Officer

Dr. Richard Chen was promoted to Executive Vice President, R&D in March 2023, alongside his role as Chief Medical Officer. He joined Personalis in November 2011 as Chief Scientific Officer. Dr. Chen is a physician-scientist with extensive expertise in systems biology, translational genomics, knowledge engineering, and scientific product development. He has co-founded and served on the board of several companies, including Ingenuity Systems, where he spearheaded systems biology approaches to genomic data analysis. Dr. Chen has also served on the clinical faculty at Stanford University School of Medicine.

Sandeep Kheterpal, Chief Information Officer

Prior to joining Personalis, Mr. Kheterpal was the Chief Information Officer at Eikon Therapeutics, where he was responsible for the information technology function. Before Eikon, he served as CIO at PACT Pharma, a cell therapy platform company, overseeing Informatics and IT operations. Mr. Kheterpal previously held the position of CIO at Veracyte, providing leadership in information technology and software engineering for the development and commercialization of molecular diagnostics in oncology.

Stephen Moore, Senior Vice President, Chief Legal Officer, and Corporate Secretary

AI Analysis | Feedback

1. The intense and growing competition within the cancer genomics and liquid biopsy markets poses a significant risk to Personalis. The company operates in a highly dynamic sector with numerous established and emerging players offering sequencing, data analysis, and diagnostic services for cancer. This competitive landscape could pressure pricing, market share, and the adoption of Personalis's platforms and services, such as the NeXT Platform, NeXT Liquid Biopsy, and NeXT Personal.

2. The rapid pace of technological advancement in the field of genomics, particularly in cancer diagnostics and therapeutic development support, presents a continuous risk. Personalis's success depends on its ability to innovate and continuously update its technologies, including the ACE platform and various NeXT offerings, to remain competitive. Failure to keep pace with evolving scientific discoveries and new technological breakthroughs could render their current platforms and services obsolete or less desirable compared to newer solutions from competitors.

3. Personalis relies significantly on biopharmaceutical customers, universities, non-profits, and government entities for its revenue by supporting cancer therapy development and large-scale genetic research programs. The company's financial performance is therefore exposed to risks such as changes in research and development spending by biopharmaceutical companies, shifts in funding for genetic research programs, or the termination of key partnerships, including those with Mayo Clinic, MapKure, LLC, SpringWorks Therapeutics, Inc., and Moores Cancer Center. A reduction in demand or loss of key customers or partners could materially impact its business operations and financial results.

AI Analysis | Feedback

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AI Analysis | Feedback

Personalis, Inc. (PSNL) operates in several significant addressable markets related to cancer genomics, liquid biopsy, and neoantigen prediction.

The addressable market for ultrasensitive Minimal Residual Disease (MRD) tests, such as Personalis's NeXT Personal, is projected to exceed $20 billion, with a strong focus on the U.S. market.

The global liquid biopsy market, which encompasses MRD testing, was estimated at approximately USD 6.17 billion in 2024 and is predicted to reach around USD 22.69 billion by 2034, demonstrating a compound annual growth rate (CAGR) of 13.91% from 2025 to 2034. North America held the largest share of the liquid biopsy market in 2024, at 45.59%. Another estimate values the global liquid biopsy market at USD 13.60 billion in 2025, projected to reach USD 32.57 billion by 2033. North America dominated the liquid biopsy market in 2025 with a 50.99% share, and the U.S. accounted for the largest market revenue share within North America.

For the broader genomics in cancer care market, which includes Personalis's activities, the global market size was valued at USD 18.12 billion in 2023 and is projected to reach USD 85.63 billion by 2033, growing at a CAGR of 16.0% from 2024 to 2030. The U.S. genomics in cancer care market constituted 26.3% of the global market in 2023, while North America as a whole dominated with a 36.7% revenue share in 2023. Another report estimates the global genomics in cancer care market size to increase from USD 24.39 billion in 2025 to approximately USD 108.69 billion by 2035.

Regarding neoantigen prediction capabilities (NeXT SHERPA and NeXT NEOPS), the global neoantigen cancer vaccine market was valued at USD 475.68 million in 2025 and is predicted to reach approximately USD 1799.21 million by 2034, with a CAGR of 15.93%. Another analysis projects the neoantigen cancer vaccine market size to grow from USD 48.7 million in 2024 to USD 3952.7 million by 2032, at a CAGR of 73.4% during 2025–2032. The broader neoantigens market, which includes various therapeutic modalities, is expected to reach US$ 5,607.32 million by 2034 from US$ 470.72 million in 2025, with a robust CAGR of 31.69% during 2026–2034. North America held the largest market share in the global neoantigen cancer vaccine market in 2024, accounting for 45%.

AI Analysis | Feedback

Personalis, Inc. (PSNL) anticipates several key drivers for its future revenue growth over the next two to three years, primarily centered around its "Win-in-MRD" strategy and strategic partnerships.

  1. Growth of NeXT Personal and the "Win-in-MRD" Strategy, bolstered by Medicare Coverage: Personalis's primary growth engine is its "Win-in-MRD" strategy, which focuses on the Minimal Residual Disease (MRD) market using its ultrasensitive liquid biopsy test, NeXT Personal. The company expects rapid growth in clinical test volumes for NeXT Personal. A critical enabler for this growth is the securing of Medicare coverage for surveillance of cancer recurrence in breast cancer patients and for Stage I to III non-small cell lung cancer (NSCLC) patients, which is expected to significantly accelerate clinical adoption and revenue generation.

  2. Expansion of Biopharma Partnerships and Demand for ImmunoID NeXT and NeXT Personal in Clinical Trials: Personalis is experiencing increased revenue from its biopharma segment, driven by strong demand for its core ImmunoID platform and the growing adoption of NeXT Personal for MRD testing in clinical trials. Collaborations, such as the partnership with Moderna on its mRNA cancer program, are identified as important revenue drivers for 2024 and 2025.

  3. Strategic Commercial Partnerships and the "Personalis Inside" Approach: The company is expanding its "Personalis Inside" approach, where partners integrate Personalis's platforms and technologies to enhance their own solutions. This includes leveraging strategic commercial partnerships, such as the expanded relationship with Tempus, to bring NeXT Personal to market through their sales force and expand coverage to additional cancer types like colorectal cancer.

AI Analysis | Feedback

Share Issuance

  • In January 2021, Personalis completed an underwritten public offering of 3,950,000 shares of common stock at $38.00 per share, resulting in gross proceeds of $150.1 million.
  • Throughout 2025, the company received approximately $109.0 million in net proceeds from an At-The-Market (ATM) sales program, with a weighted-average price of $8.43 per share.
  • On November 28, 2025, Personalis announced a $100 million common stock offering.

Capital Expenditures

  • For the full year 2025, Personalis expected to use approximately $75 million for operations and capital equipment additions.
  • Expected cash usage for 2026 is approximately $100 million, primarily to support commercial investments in its Win-in-MRD strategy, including scaling clinical volumes.

Better Bets vs. Personalis (PSNL)

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Recent Active Movers

Peer Comparisons

Peers to compare with:

Financials

PSNLGHNTRAADPTTXGILMNMedian
NamePersonal.Guardant.Natera Adaptive.10x Geno.Illumina  
Mkt Price6.0278.60193.0312.7923.27120.9350.93
Mkt Cap0.610.126.72.03.018.46.5
Rev LTM709822,3062776434,343812
Op Inc LTM-88-437-310-57-111816-99
FCF LTM-79-23376-4913093114
FCF 3Y Avg-64-284-50-10520641-57
CFO LTM-75-185215-461361,07945
CFO 3Y Avg-59-25035-9943798-12

Growth & Margins

PSNLGHNTRAADPTTXGILMNMedian
NamePersonal.Guardant.Natera Adaptive.10x Geno.Illumina  
Rev Chg LTM-17.7%32.9%35.9%54.8%5.2%-0.7%19.1%
Rev Chg 3Y Avg3.5%29.8%41.5%17.3%7.9%-1.8%12.6%
Rev Chg Q3.2%39.4%39.8%51.0%0.6%5.0%22.2%
QoQ Delta Rev Chg LTM0.8%8.8%8.9%9.6%0.2%1.3%5.0%
Op Mgn LTM-126.4%-44.5%-13.4%-20.6%-17.2%18.8%-18.9%
Op Mgn 3Y Avg-112.7%-68.2%-22.6%-75.3%-27.4%9.0%-47.8%
QoQ Delta Op Mgn LTM-9.4%4.5%3.2%10.3%4.7%0.2%3.8%
CFO/Rev LTM-107.6%-18.8%9.3%-16.6%21.2%24.8%-3.6%
CFO/Rev 3Y Avg-79.2%-36.3%-1.8%-53.9%6.6%18.2%-19.1%
FCF/Rev LTM-114.1%-23.7%3.3%-17.7%20.2%21.4%-7.2%
FCF/Rev 3Y Avg-86.9%-40.7%-6.6%-57.0%2.9%14.6%-23.6%

Valuation

PSNLGHNTRAADPTTXGILMNMedian
NamePersonal.Guardant.Natera Adaptive.10x Geno.Illumina  
Mkt Cap0.610.126.72.03.018.46.5
P/S8.010.311.67.14.64.27.5
P/EBIT-6.9-24.5-101.1-41.1130.415.5-15.7
P/E-6.8-24.3-128.3-32.9-67.921.6-28.6
P/CFO-7.4-54.7124.0-42.621.717.04.8
Total Yield-14.6%-4.1%-0.8%-3.0%-1.5%4.6%-2.3%
Dividend Yield0.0%0.0%0.0%0.0%0.0%0.0%0.0%
FCF Yield 3Y Avg-28.8%-6.6%-1.1%-12.2%1.6%3.1%-3.9%
D/E0.10.20.00.00.00.10.1
Net D/E-0.40.1-0.0-0.1-0.10.1-0.1

Returns

PSNLGHNTRAADPTTXGILMNMedian
NamePersonal.Guardant.Natera Adaptive.10x Geno.Illumina  
1M Rtn-10.4%-8.1%2.8%-2.9%23.8%1.7%-0.6%
3M Rtn-25.7%-28.7%-17.6%-18.8%13.7%-14.3%-18.2%
6M Rtn-25.9%22.4%14.0%-15.7%102.9%28.8%18.2%
12M Rtn83.8%79.8%30.4%61.1%190.5%61.7%70.8%
3Y Rtn88.7%216.8%270.9%50.8%-57.5%-46.5%69.8%
1M Excs Rtn-24.9%-11.3%-2.4%-10.7%13.1%-1.1%-6.5%
3M Excs Rtn-26.6%-26.2%-17.9%-18.4%22.1%-15.6%-18.1%
6M Excs Rtn-31.6%19.4%11.2%-18.7%91.9%22.7%15.3%
12M Excs Rtn63.9%60.6%9.2%30.1%189.1%35.2%47.9%
3Y Excs Rtn46.5%164.0%193.0%-19.7%-123.2%-112.2%13.4%

Comparison Analyses

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Financials

Segment Financials

Revenue by Segment
$ Mil20252024202320222021
Provide advanced cancer genomic testing services for precision oncology and personalized testing8573   
Sale of sequencing and data analysis services  658579
Total8573658579


Net Income by Segment
$ Mil20252024202320222021
Provide advanced cancer genomic testing services for precision oncology and personalized testing-81-108   
Total-81-108   


Price Behavior

Price Behavior
Market Price$6.02 
Market Cap ($ Bil)0.6 
First Trading Date06/20/2019 
Distance from 52W High-46.5% 
   50 Days200 Days
DMA Price$7.82$7.54
DMA Trendupdown
Distance from DMA-23.0%-20.1%
 3M1YR
Volatility89.7%91.0%
Downside Capture1.771.30
Upside Capture298.80261.00
Correlation (SPY)43.2%36.6%
PSNL Betas & Captures as of 3/31/2026

 1M2M3M6M1Y3Y
Beta3.473.193.293.361.932.14
Up Beta1.953.443.597.051.682.11
Down Beta4.595.394.052.731.712.14
Up Capture387%220%391%473%631%2136%
Bmk +ve Days7162765139424
Stock +ve Days11203262132343
Down Capture311%251%225%194%149%112%
Bmk -ve Days12233358110323
Stock -ve Days10202961114389

[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 PSNL
PSNL126.2%91.5%1.30-
Sector ETF (XLV)12.3%16.8%0.5237.6%
Equity (SPY)31.2%17.3%1.4738.2%
Gold (GLD)60.1%27.8%1.6913.0%
Commodities (DBC)29.8%16.6%1.587.9%
Real Estate (VNQ)21.3%15.2%1.0725.0%
Bitcoin (BTCUSD)-4.3%43.7%0.0228.6%

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Based On 5-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with PSNL
PSNL-22.8%102.4%0.20-
Sector ETF (XLV)6.3%14.6%0.2530.8%
Equity (SPY)11.1%17.0%0.5037.1%
Gold (GLD)22.1%17.8%1.029.6%
Commodities (DBC)11.8%18.8%0.525.6%
Real Estate (VNQ)3.7%18.8%0.1030.0%
Bitcoin (BTCUSD)4.3%56.5%0.3019.2%

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Based On 10-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with PSNL
PSNL-13.4%97.9%0.23-
Sector ETF (XLV)9.8%16.5%0.4829.2%
Equity (SPY)13.8%17.9%0.6634.6%
Gold (GLD)14.2%15.9%0.7410.9%
Commodities (DBC)8.6%17.6%0.419.4%
Real Estate (VNQ)5.1%20.7%0.2226.6%
Bitcoin (BTCUSD)67.6%66.9%1.0717.6%

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Short Interest

Short Interest: As Of Date3312026
Short Interest: Shares Quantity11.8 Mil
Short Interest: % Change Since 31520265.3%
Average Daily Volume1.6 Mil
Days-to-Cover Short Interest7.4 days
Basic Shares Quantity92.3 Mil
Short % of Basic Shares12.7%

Earnings Returns History

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 Forward Returns
Earnings Date1D Returns5D Returns21D Returns
2/26/20260.3%-5.2%-29.8%
11/4/2025-12.3%-3.3%9.5%
8/5/2025-21.9%-19.0%-9.8%
2/27/2025-2.4%-0.5%-14.6%
11/6/2024-22.6%-14.9%-25.6%
8/7/202419.1%54.9%86.5%
5/8/20245.4%-8.6%-13.7%
2/28/20246.2%19.9%2.1%
...
SUMMARY STATS   
# Positive1378
# Negative81413
Median Positive5.4%10.7%18.9%
Median Negative-9.3%-8.4%-21.2%
Max Positive21.5%54.9%86.5%
Max Negative-22.6%-19.0%-38.9%

SEC Filings

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Report DateFiling DateFiling
12/31/202502/26/202610-K
09/30/202511/04/202510-Q
06/30/202508/05/202510-Q
03/31/202505/06/202510-Q
12/31/202402/27/202510-K
09/30/202411/06/202410-Q
06/30/202408/07/202410-Q
03/31/202405/08/202410-Q
12/31/202302/28/202410-K
09/30/202311/07/202310-Q
06/30/202308/08/202310-Q
03/31/202305/03/202310-Q
12/31/202202/23/202310-K
09/30/202211/02/202210-Q
06/30/202208/03/202210-Q
03/31/202205/04/202210-Q

Insider Activity

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#OwnerTitleHoldingActionFiling DatePriceSharesTransacted
Value
Value of
Held Shares
Form
1Tachibana, AaronCFO AND COODirectSell1128202510.78103,6681,117,5411,772,857Form
2Hall, Christopher MPRESIDENT AND CEODirectSell110520258.9929,612266,2121,334,889Form
3Chen, RichardCHIEF MEDICAL OFFICER AND EVPDirectSell73020256.574522,970817,998Form
4Tachibana, AaronCFO AND COODirectSell73020256.576414,2111,080,489Form
5Tachibana, AaronCFO AND COODirectSell52020254.951,2916,390817,240Form