Tearsheet

Sera Prognostics (SERA)


Market Price (6/24/2026): $1.84 | Market Cap: $92.5 MilSector: Health Care | Industry: Life Sciences Tools & Services

Sera Prognostics (SERA)


Market Price (6/24/2026): $1.84
Market Cap: $92.5 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 -49%

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

Weak multi-year price returns
2Y Excs Rtn is -110%, 3Y Excs Rtn is -113%

Not profitable at operating income level
Op Inc LTMOperating Income, Last Twelve Months is -37 Mil, Op Mgn LTMOperating Margin = Operating Income / Revenue Reflects profitability before taxes and before impact of capital structure (interest payments). is -64235%

Expensive valuation multiples
P/SPrice/Sales ratio is 1,622x

Weak revenue growth
Rev Chg LTMRevenue Change % Last Twelve Months (LTM) is -50%, Rev Chg 3Y AvgRevenue Change % averaged over trailing 3 years is -44%, Rev Chg QQuarterly Revenue Change % is -63%

Significant share based compensation
SBC/Rev LTMShare Based Compensation / Revenue (Sales), Last Twelve Months (LTM) is 7811%

Not cash flow generative
CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is -47095%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is -48377%

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 -39%

High stock price volatility
Vol 12M is 136%

Key risks
SERA key risks include [1] persistent net losses and extremely low revenue that challenge its financial viability, Show more.

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 -49%
1 Megatrend and thematic drivers
Megatrends include Biotechnology & Genomics, and Precision Medicine. Themes include Advanced Diagnostics, and Personalized Diagnostics.
2 Weak multi-year price returns
2Y Excs Rtn is -110%, 3Y Excs Rtn is -113%
3 Not profitable at operating income level
Op Inc LTMOperating Income, Last Twelve Months is -37 Mil, Op Mgn LTMOperating Margin = Operating Income / Revenue Reflects profitability before taxes and before impact of capital structure (interest payments). is -64235%
4 Expensive valuation multiples
P/SPrice/Sales ratio is 1,622x
5 Weak revenue growth
Rev Chg LTMRevenue Change % Last Twelve Months (LTM) is -50%, Rev Chg 3Y AvgRevenue Change % averaged over trailing 3 years is -44%, Rev Chg QQuarterly Revenue Change % is -63%
6 Significant share based compensation
SBC/Rev LTMShare Based Compensation / Revenue (Sales), Last Twelve Months (LTM) is 7811%
7 Not cash flow generative
CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is -47095%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is -48377%
8 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 -39%
9 High stock price volatility
Vol 12M is 136%
10 Key risks
SERA key risks include [1] persistent net losses and extremely low revenue that challenge its financial viability, Show more.

SERA in ETFs

Weight = SERA's share of each fund

VTI0.00%

Valuation & Metrics

Price Chart

Why The Stock Moved

Qualitative Assessment

AI Analysis | Feedback

Updated on 6/18/2026

Sera Prognostics (SERA) stock has lost about 20% since 2/28/2026 because of the following key factors:

1. Continued revenue misses and minimal commercial traction. Sera Prognostics consistently reported revenues significantly below analyst expectations for both fiscal Q4 2025 and fiscal Q1 2026. In fiscal Q4 2025, reported on March 18, 2026, revenue was $0.01 million, missing estimates of $0.03 million. This trend continued in fiscal Q1 2026, reported on May 6, 2026, with revenue again at $0.01 million, falling substantially short of analyst estimates of $0.07 million. These persistent shortfalls indicate a significant challenge in converting its diagnostic test into meaningful commercial sales.

2. Persistent net losses amid ongoing investments. The company reported a net loss of $8.4 million for fiscal Q1 2026, following a similar pattern of operating losses. Management noted that the negative earnings per share for fiscal Q4 2025 were primarily due to continued investments in clinical trial recruitment and expansion for the PreTRM® test, as well as operational costs for building commercial infrastructure. While Sera Prognostics maintains a cash position of approximately $86.8 million, expected to fund operations through 2029, the sustained high burn rate relative to minimal revenue generation raises investor concerns about the prolonged path to profitability.

Show more
Updated on 6/18/2026

Sera Prognostics (SERA) stock has lost about 20% since 2/28/2026 because of the following key factors:

1. Continued revenue misses and minimal commercial traction. Sera Prognostics consistently reported revenues significantly below analyst expectations for both fiscal Q4 2025 and fiscal Q1 2026. In fiscal Q4 2025, reported on March 18, 2026, revenue was $0.01 million, missing estimates of $0.03 million. This trend continued in fiscal Q1 2026, reported on May 6, 2026, with revenue again at $0.01 million, falling substantially short of analyst estimates of $0.07 million. These persistent shortfalls indicate a significant challenge in converting its diagnostic test into meaningful commercial sales.

2. Persistent net losses amid ongoing investments. The company reported a net loss of $8.4 million for fiscal Q1 2026, following a similar pattern of operating losses. Management noted that the negative earnings per share for fiscal Q4 2025 were primarily due to continued investments in clinical trial recruitment and expansion for the PreTRM® test, as well as operational costs for building commercial infrastructure. While Sera Prognostics maintains a cash position of approximately $86.8 million, expected to fund operations through 2029, the sustained high burn rate relative to minimal revenue generation raises investor concerns about the prolonged path to profitability.

3. Uncertainty surrounding commercial adoption despite positive clinical data. Despite the publication of the landmark PRIME Randomized Trial on May 6, 2026, demonstrating the PreTRM® test's ability to reduce early preterm births by 56% for births under 32 weeks and 32% for births under 35 weeks, along with reductions in NICU admissions and neonatal morbidity, these positive clinical outcomes have not translated into accelerated revenue. The company’s continued low revenue suggests that broader market acceptance, favorable reimbursement policies, and full marketing authorization for its pipeline assets remain significant hurdles that create investor apprehension about future growth.

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Stock Movement Drivers

Fundamental Drivers

The -19.7% change in SERA stock from 2/28/2026 to 6/23/2026 was primarily driven by a -40.0% change in the company's Total Revenues ($ Mil).
(LTM values as of)22820266232026Change
Stock Price ($)2.291.84-19.7%
Change Contribution By: 
Total Revenues ($ Mil)00-40.0%
P/S Multiple1,193.81,622.435.9%
Shares Outstanding (Mil)5050-1.5%
Cumulative Contribution-19.7%

LTM = Last Twelve Months as of date shown

Market Drivers

2/28/2026 to 6/23/2026
ReturnCorrelation
SERA-19.7% 
Market (SPY)7.2%8.2%
Sector (XLV)-4.6%26.5%

Fundamental Drivers

The -44.7% change in SERA stock from 11/30/2025 to 6/23/2026 was primarily driven by a -40.0% change in the company's Total Revenues ($ Mil).
(LTM values as of)113020256232026Change
Stock Price ($)3.331.84-44.7%
Change Contribution By: 
Total Revenues ($ Mil)00-40.0%
P/S Multiple1,736.01,622.4-6.5%
Shares Outstanding (Mil)5050-1.5%
Cumulative Contribution-44.7%

LTM = Last Twelve Months as of date shown

Market Drivers

11/30/2025 to 6/23/2026
ReturnCorrelation
SERA-44.7% 
Market (SPY)8.0%13.6%
Sector (XLV)-2.7%22.8%

Fundamental Drivers

The 17.9% change in SERA stock from 5/31/2025 to 6/23/2026 was primarily driven by a 185.0% change in the company's P/S Multiple.
(LTM values as of)53120256232026Change
Stock Price ($)1.561.8417.9%
Change Contribution By: 
Total Revenues ($ Mil)00-50.4%
P/S Multiple569.31,622.4185.0%
Shares Outstanding (Mil)4250-16.5%
Cumulative Contribution17.9%

LTM = Last Twelve Months as of date shown

Market Drivers

5/31/2025 to 6/23/2026
ReturnCorrelation
SERA17.9% 
Market (SPY)25.9%12.9%
Sector (XLV)16.8%8.9%

Fundamental Drivers

The -43.0% change in SERA stock from 5/31/2023 to 6/23/2026 was primarily driven by a -82.7% change in the company's Total Revenues ($ Mil).
(LTM values as of)53120236232026Change
Stock Price ($)3.231.84-43.0%
Change Contribution By: 
Total Revenues ($ Mil)00-82.7%
P/S Multiple303.61,622.4434.4%
Shares Outstanding (Mil)3150-38.3%
Cumulative Contribution-43.0%

LTM = Last Twelve Months as of date shown

Market Drivers

5/31/2023 to 6/23/2026
ReturnCorrelation
SERA-43.0% 
Market (SPY)82.4%7.9%
Sector (XLV)25.1%8.0%

Return vs. Risk

Price Returns Compared

 202120222023202420252026Total [1]
Returns
SERA Return-42%-82%375%36%-64%-37%-84%
Peers Return42%-58%28%29%2%-9%-9%
S&P 500 Return27%-19%24%23%16%9%99%

Monthly Win Rates [3]
SERA Win Rate33%17%58%58%42%17% 
Peers Win Rate53%31%50%50%48%50% 
S&P 500 Win Rate75%42%67%75%67%50% 

Max Drawdowns [4]
SERA Max Drawdown--87%-64%-55%-82%-57% 
Peers Max Drawdown-43%-63%-41%-37%-40%-40% 
S&P 500 Max Drawdown-5%-25%-10%-8%-19%-9% 


[1] Cumulative total returns since the beginning of 2021
[2] Peers: NTRA, BLLN, MYGN, FLGT.
[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 6/23/2026 (YTD)

How Low Can It Go

EventSERAS&P 500
Summer-Fall 2023 Five Percent Yield Shock
  % Loss-46.9%-9.5%
  % Gain to Breakeven88.4%10.5%
  Time to Breakeven89 days24 days
2022 Inflation Shock & Fed Tightening
  % Loss-84.4%-24.5%
  % Gain to Breakeven539.2%32.4%
  Time to Breakeven602 days427 days

Compare to NTRA, BLLN, MYGN, FLGT

In The Past

Sera Prognostics's stock fell 0.0% during the 2024 Yen Carry Trade Unwind. Such a loss loss requires a 0.0% 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.

EventSERAS&P 500
Summer-Fall 2023 Five Percent Yield Shock
  % Loss-46.9%-9.5%
  % Gain to Breakeven88.4%10.5%
  Time to Breakeven89 days24 days
2022 Inflation Shock & Fed Tightening
  % Loss-84.4%-24.5%
  % Gain to Breakeven539.2%32.4%
  Time to Breakeven602 days427 days

Compare to NTRA, BLLN, MYGN, FLGT

In The Past

Sera Prognostics's stock fell 0.0% during the 2024 Yen Carry Trade Unwind. Such a loss loss requires a 0.0% 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 Sera Prognostics (SERA)

Sera Prognostics (SERA) is a women's health diagnostic company dedicated to improving pregnancy outcomes through the discovery, development, and commercialization of advanced biomarker tests. Headquartered in Salt Lake City, Utah, the company focuses on creating innovative diagnostic tools that provide crucial information for better managing maternal and fetal health throughout pregnancy.

The company's primary product is the PreTRM test, a proprietary blood-based biomarker test specifically designed to predict the risk of spontaneous preterm birth in women with asymptomatic singleton pregnancies. This test allows healthcare providers to identify at-risk mothers early, potentially enabling interventions to improve outcomes. Sera Prognostics primarily serves the obstetrics and gynecology market, aiming to provide physicians and pregnant individuals with actionable insights to prevent or manage serious pregnancy complications.

Beyond the PreTRM test, Sera Prognostics is actively building a robust pipeline of product candidates targeting a wide range of critical pregnancy-related conditions. These include tests for preeclampsia, molecular time-to-birth, gestational diabetes mellitus, fetal growth restriction, stillbirth, and postpartum depression. By expanding its diagnostic portfolio, Sera Prognostics aims to become a comprehensive provider of essential prognostic information, ultimately striving to reduce adverse pregnancy outcomes and enhance the health of mothers and babies.

AI Analysis | Feedback

Here are a few brief analogies for Sera Prognostics (SERA):

  • Exact Sciences for pregnancy diagnostics.
  • Natera for predicting pregnancy risks.
  • Guardant Health for pregnancy biomarkers.

AI Analysis | Feedback

  • PreTRM test: A blood-based biomarker test to predict the risk of spontaneous preterm birth in asymptomatic singleton pregnancies.
  • Product Candidates Pipeline: A portfolio of developing biomarker tests for various pregnancy-related conditions, including preeclampsia, gestational diabetes mellitus, and stillbirth.

AI Analysis | Feedback

Sera Prognostics (SERA) sells primarily to other companies within the healthcare sector.

The company's major customers are the **healthcare providers** (primarily obstetricians and gynecologists) and the **medical practices, clinics, or hospitals** where they operate. These providers order Sera Prognostics' PreTRM test for their patients, and Sera Prognostics performs the testing services in its own CLIA-certified laboratory.

Due to the direct-to-provider sales model and the fragmented nature of the healthcare provider market, Sera Prognostics does not publicly disclose specific named major customer companies, nor are there any public companies identified as major customers of SERA.

AI Analysis | Feedback

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AI Analysis | Feedback

Zhenya Lindgardt, President and CEO

Zhenya Lindgardt was appointed President and CEO of Sera Prognostics in May 2023. She previously served as the Chief Executive Officer of The Commons Project Foundation, a non-profit public trust. From August 2020 to October 2021, she was a Managing Director of her family office. Prior to that, from April 2019 to August 2020, Ms. Lindgardt held the position of Vice President of Platform and Customer Engagement at Uber Technologies Inc. She also spent 19 years at The Boston Consulting Group, where she served as a Senior Partner and Managing Director from October 2000 to April 2019.

Austin Aerts, Chief Financial Officer

Austin Aerts has over a decade of finance and accounting experience, with eight years specifically in the medical diagnostics industry. He joined Sera Prognostics in July 2017, and prior to his appointment as CFO, he served as the company's Vice President of Finance and Corporate Controller. Mr. Aerts played a key role in Sera Prognostics' initial public offering in 2021. Before joining Sera, he worked in the finance department at Myriad Genetics and as an assurance professional at Ernst & Young LLP, where he served various public and private clients, including Sera.

Lee Anderson, Chief Commercial Officer

Lee Anderson brings over three decades of leadership experience in the healthcare sector, specifically in sales, marketing, customer service, strategic accounts, and training. His career includes significant roles at Genomic Health and Exact Sciences, where he was instrumental in driving revenue growth and launching new products. At Genomic Health, which was acquired by Exact Sciences, he rose to Vice President, leading US Oncology Sales and Global Customer Service. Post-acquisition, he served as General Manager of Precision Oncology at Exact Sciences, contributing to nationwide sales growth. Mr. Anderson also held the role of Chief Commercial Officer at Biofidelity Inc.

Dr. Tiffany Inglis, Chief Medical Officer

Dr. Tiffany Inglis is a board-certified Obstetrician Gynecologist with over 25 years of experience in direct patient care and the healthcare payer industry. She joined Sera Prognostics as Chief Medical Officer in October 2025. Prior to Sera, Dr. Inglis served as Chief Medical Officer at Carelon Health, where she expanded evidence-based intervention programs. She also held roles at Elevance Health, beginning in 2017, where she contributed to redesigning the Women and Children's Health portfolio and leading external partnerships. Dr. Inglis received her medical degree from the Medical College of Ohio in 2002 and practiced as an OB/GYN for over a decade.

Jay Boniface, PhD, Chief Scientific Officer

Dr. Jay Boniface has served as Chief Scientific Officer of Sera Prognostics since November 2011, having previously been the Vice President of Research from September 2011. In his role, Dr. Boniface is involved with product development. He has prior experience as a scientist and program director for several biotechnology companies focused on protein discovery and drug development, including Myrexis, Myriad Genetics, Prolexys Pharmaceuticals, and Eos Biotechnology. Dr. Boniface earned his Ph.D. in biochemistry at Albany Medical College and was a postdoctoral scholar in molecular immunology at Stanford University.

AI Analysis | Feedback

The key risks to Sera Prognostics' business include:

  1. Reimbursement and Market Adoption: A primary risk for Sera Prognostics is the challenge of securing broad coverage and adequate reimbursement for its PreTRM test from third-party payers, including commercial insurers, Medicaid, and Medicare. Without widespread reimbursement and market acceptance by healthcare providers, the company's ability to generate significant revenue and achieve profitability for its diagnostic tests is substantially hindered. Sera Prognostics is actively engaging with payers and health systems to establish payment contracts and facilitate broad commercial coverage.
  2. Limited Revenue and Need for Additional Capital: Sera Prognostics has historically reported significant net losses and low revenues, with the PreTRM test currently representing substantially all of the company's revenue. While the company has raised capital through public offerings to extend its financial runway, there is an ongoing risk that it may need to secure additional financing if revenue generation does not accelerate as anticipated, which is directly tied to the successful reimbursement and market adoption of its tests.
  3. Competition and Scientific/Market Acceptance: Despite the PreTRM test being described as the only broadly validated, commercially available blood-based biomarker test for spontaneous preterm birth prediction, Sera Prognostics operates in a competitive and rapidly evolving diagnostic market. The continued success of the PreTRM test and future pipeline products depends on broad scientific and market acceptance among physicians and patients, as well as maintaining its competitive edge against existing and potential new diagnostic solutions. Factors like the integration into clinical guidelines and ongoing physician awareness are crucial for driving adoption.

AI Analysis | Feedback

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AI Analysis | Feedback

The addressable markets for Sera Prognostics' main products and services are significant, primarily focusing on preterm birth diagnostics and a portfolio of product candidates for various pregnancy-related conditions, including preeclampsia.

Preterm Birth Diagnostics (PreTRM Test)

  • The global preterm birth and PROM (Premature Rupture of Membranes) testing market size was estimated at USD 1.56 billion in 2024 and is projected to reach USD 3.26 billion by 2033. Another estimate places the global market at USD 2.25 billion in 2024, with a projected growth to USD 8.76 billion by 2033.
  • The U.S. preterm birth and PROM testing market generated revenue of USD 528.3 million in 2024 and is expected to reach USD 1,095.4 million by 2033.

Preeclampsia Diagnostics

  • The global preeclampsia diagnostics market was valued at USD 1.12 billion in 2024 and is projected to reach USD 1.46 billion by 2034. Another source reported the global preeclampsia diagnostics market size as USD 1.29 billion in 2025, with an increase predicted to approximately USD 1.70 billion by 2034.
  • The U.S. preeclampsia laboratory testing market is valued at USD 1.1 billion in 2026 and is projected to reach USD 1.8 billion by 2033. North America held approximately 43% of the global preeclampsia diagnostics market in 2024.

AI Analysis | Feedback

Expected Drivers of Future Revenue Growth for Sera Prognostics (SERA)

  • Expanded Payer Coverage and Commercial Adoption of the PreTRM Test in the U.S.: Sera Prognostics anticipates significant revenue growth from securing broader reimbursement and driving increased adoption of its PreTRM test across the United States. This includes active engagement with both commercial insurers and Medicaid programs in multiple states, leveraging the positive clinical and health economic outcomes demonstrated by the pivotal PRIME study. The company's strategy involves expanding its sales team and focusing on targeted geographies to accelerate market penetration.
  • Geographic Expansion into European Markets: The company plans to expand its commercial efforts into Europe. Sera Prognostics aims to submit for a CE mark and begin implementing its PreTRM test in key European countries, specifically the UK, France, and Germany, by mid-2026. This expansion into new international markets represents a new avenue for revenue generation.
  • Integration of PreTRM into Clinical Guidelines and Enhanced Physician Awareness: Publication of the full PRIME study results, along with additional health economic data, is expected to drive increased awareness and acceptance of the PreTRM test within the medical community. Efforts to engage with professional societies and guideline groups are crucial for establishing the PreTRM test as a standard of care, which would significantly boost its widespread adoption and associated revenue.
  • Strategic Partnerships and Pilot Programs: Sera Prognostics is actively pursuing and initiating pilot programs, particularly with Medicaid plans, to demonstrate the real-world value and cost-saving benefits of the PreTRM test. The company is also in discussions with organizations that have regional and national reach across various lines of business, indicating a strategy to form strategic alliances that can accelerate market access and test adoption.

AI Analysis | Feedback

Share Issuance

  • On February 12, 2025, Sera Prognostics completed a public follow-on offering, issuing 1,250,000 shares of Class A Common Stock and pre-funded warrants for up to an additional 11,250,000 shares. This offering generated approximately $50.0 million in gross proceeds before deductions and is expected to fund the company through 2028.
  • The company issued 53,827 shares of Class A common stock to Blue Ox Healthcare Partners, LLC on September 10, 2024. These shares, valued at $7.55 per share, were issued to meet contractual obligations related to developing strategies for insurance coverage of the PreTRM test.

Capital Expenditures

  • Sera Prognostics reported capital expenditures of approximately $0.1 million for the years ended December 31, 2024, and 2023.
  • The company's capital expenditures were $0.8 million in 2022 and $1.3 million in 2021.

Better Bets vs. Sera Prognostics (SERA)

Latest Trefis Analyses

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Recent Active Movers

Peer Comparisons

Peers to compare with:

Financials

SERANTRABLLNMYGNFLGTMedian
NameSera Pro.Natera BillionT.Myriad G.Fulgent . 
Mkt Price1.84234.76104.284.6318.1818.18
Mkt Cap0.133.24.80.40.60.6
Rev LTM02,501355829320355
Op Inc LTM-37-32436-64-106-64
FCF LTM-287226-23-113-23
FCF 3Y Avg-24-14--71-42-33
CFO LTM-27211372-902
CFO 3Y Avg-2475--33-13-18

Growth & Margins

SERANTRABLLNMYGNFLGTMedian
NameSera Pro.Natera BillionT.Myriad G.Fulgent . 
Rev Chg LTM-50.4%36.6%--0.3%9.5%4.6%
Rev Chg 3Y Avg-44.1%42.5%-6.2%-3.3%1.4%
Rev Chg Q-63.2%38.8%83.8%2.3%-3.2%2.3%
QoQ Delta Rev Chg LTM-29.6%8.4%16.2%0.5%-0.7%0.5%
Op Inc Chg LTM0.5%-42.7%-28.0%-47.3%-21.1%
Op Inc Chg 3Y Avg6.2%9.1%-26.4%-35.5%7.6%
Op Mgn LTM-64,235.1%-13.0%10.2%-7.7%-33.1%-13.0%
Op Mgn 3Y Avg-38,157.2%-19.0%--11.3%-27.6%-23.3%
QoQ Delta Op Mgn LTM-19,168.4%0.5%5.0%0.5%-4.8%0.5%
CFO/Rev LTM-47,094.7%8.4%10.5%0.3%-28.1%0.3%
CFO/Rev 3Y Avg-26,249.3%1.8%--4.3%-3.4%-3.9%
FCF/Rev LTM-48,377.2%2.9%7.4%-2.8%-35.3%-2.8%
FCF/Rev 3Y Avg-26,920.0%-2.8%--9.0%-13.3%-11.2%

Valuation

SERANTRABLLNMYGNFLGTMedian
NameSera Pro.Natera BillionT.Myriad G.Fulgent . 
Mkt Cap0.133.24.80.40.60.6
P/S1,622.413.313.50.51.813.3
P/Op Inc-2.5-102.4132.4-6.8-5.3-5.3
P/EBIT-2.9-117.7158.5-1.1-6.7-2.9
P/E-2.9-146.8162.9-1.1-7.6-2.9
P/CFO-3.4157.4128.1180.8-6.2128.1
Total Yield-34.8%-0.7%0.6%-92.2%-13.1%-13.1%
Dividend Yield0.0%0.0%0.0%0.0%0.0%0.0%
FCF Yield 3Y Avg-16.9%-0.3%--6.0%-8.8%-7.4%
D/E0.00.00.00.50.00.0
Net D/E-0.5-0.0-0.10.2-0.5-0.1

Returns

SERANTRABLLNMYGNFLGTMedian
NameSera Pro.Natera BillionT.Myriad G.Fulgent . 
1M Rtn-11.1%15.5%21.4%21.2%6.3%15.5%
3M Rtn-9.4%20.7%40.8%0.4%11.3%11.3%
6M Rtn-48.7%-0.3%19.8%-29.4%-33.1%-29.4%
12M Rtn-1.6%37.8%-4.3%-4.7%-5.9%-4.3%
3Y Rtn-53.8%357.0%-4.3%-79.6%-50.9%-50.9%
1M Excs Rtn3.3%16.3%22.1%19.5%5.7%16.3%
3M Excs Rtn-10.8%5.4%19.1%-12.6%-0.6%-0.6%
6M Excs Rtn-57.2%-4.3%0.5%-39.6%-43.9%-39.6%
12M Excs Rtn-27.6%13.2%-27.7%-29.3%-30.3%-27.7%
3Y Excs Rtn-112.6%296.4%-70.7%-146.2%-118.8%-112.6%

Comparison Analyses

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Financials

Segment Financials

Revenue by Segment
$ Mil20252024202320222021
Developing and commercializing its medical diagnostic products and services00000
Total00000


Operating Income by Segment
$ Mil20252024
Developing and commercializing its medical diagnostic products and services-37-37
Total-37-37


Net Income by Segment
$ Mil20252024
Developing and commercializing its medical diagnostic products and services-32-33
Total-32-33


Assets by Segment
$ Mil2023
Developing and commercializing its medical diagnostic products and services95
Total95


Price Behavior

Price Behavior
Market Price$1.84 
Market Cap ($ Bil)0.1 
First Trading Date07/15/2021 
Distance from 52W High-55.0% 
   50 Days200 Days
DMA Price$1.98$2.67
DMA Trenddowndown
Distance from DMA-7.3%-31.1%
 3M1YR
Volatility81.2%136.4%
Downside Capture54.52126.82
Upside Capture-1.4293.51
Correlation (SPY)10.2%12.2%
SERA Betas & Captures as of 5/31/2026

 1M2M3M6M1Y3Y
Beta0.811.210.891.211.720.76
Up Beta-0.770.401.292.061.140.55
Down Beta4.363.351.731.451.761.42
Up Capture110%87%21%10%210%18%
Bmk +ve Days13283667141432
Stock +ve Days9172449106333
Down Capture-75%234%73%139%143%93%
Bmk -ve Days7132757109318
Stock -ve Days11243870130396

[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 SERA
SERA-3.0%136.4%0.47-
Sector ETF (XLV)16.9%15.1%0.838.9%
Equity (SPY)24.6%12.5%1.4812.1%
Gold (GLD)21.8%27.6%0.70-3.5%
Commodities (DBC)16.7%18.8%0.69-5.9%
Real Estate (VNQ)12.3%13.8%0.602.6%
Bitcoin (BTCUSD)-38.0%42.5%-1.018.1%

Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 5-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with SERA
SERA-30.9%127.6%0.16-
Sector ETF (XLV)5.8%14.8%0.218.2%
Equity (SPY)13.1%17.1%0.5911.3%
Gold (GLD)16.8%18.3%0.741.9%
Commodities (DBC)7.3%19.4%0.28-3.0%
Real Estate (VNQ)2.4%18.9%0.038.4%
Bitcoin (BTCUSD)9.7%54.1%0.389.3%

Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 10-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with SERA
SERA-16.9%127.6%0.16-
Sector ETF (XLV)9.8%16.6%0.488.2%
Equity (SPY)15.3%18.0%0.7311.3%
Gold (GLD)11.9%16.1%0.611.9%
Commodities (DBC)5.9%18.0%0.25-3.0%
Real Estate (VNQ)5.5%20.7%0.238.4%
Bitcoin (BTCUSD)57.0%66.5%0.979.3%

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

Short Interest

Short Interest: As Of Date5292026
Short Interest: Shares Quantity0.3 Mil
Short Interest: % Change Since 51520265.8%
Average Daily Volume0.1 Mil
Days-to-Cover Short Interest3.1 days
Basic Shares Quantity50.3 Mil
Short % of Basic Shares0.6%

Earnings Returns History

Updated 6/9/2026
Expand for More
 Forward Returns
Earnings Date1D Returns5D Returns21D Returns
5/6/20266.1%-12.2%26.5%
3/18/2026-6.3%4.2%20.4%
11/13/20250.3%6.1%20.7%
8/6/2025-5.5%-16.4%21.5%
5/7/2025-11.7%-6.2%-35.4%
3/19/2025-5.1%-5.1%-17.9%
1/31/2025-18.5%-29.8%-35.7%
11/6/2024-12.7%-20.3%-15.9%
...
SUMMARY STATS   
# Positive1057
# Negative101513
Median Positive3.0%6.1%20.7%
Median Negative-6.9%-12.2%-17.9%
Max Positive10.8%10.0%120.3%
Max Negative-18.5%-29.8%-38.5%
Collapse to Preview
 Forward Returns
Earnings Date1D Returns5D Returns21D Returns
5/6/20266.1%-12.2%26.5%
3/18/2026-6.3%4.2%20.4%
11/13/20250.3%6.1%20.7%
8/6/2025-5.5%-16.4%21.5%
5/7/2025-11.7%-6.2%-35.4%
3/19/2025-5.1%-5.1%-17.9%
1/31/2025-18.5%-29.8%-35.7%
11/6/2024-12.7%-20.3%-15.9%
8/7/20240.1%-7.3%-2.0%
5/8/20245.3%-9.4%-11.9%
3/20/20243.8%4.9%8.1%
11/8/2023-7.6%-14.7%120.3%
8/9/20233.2%-18.7%-38.5%
5/10/20230.6%-2.6%-11.8%
3/22/2023-6.8%-6.5%-19.6%
11/9/202210.8%10.0%-6.9%
8/10/20222.8%-13.8%-22.1%
5/10/2022-7.1%-24.5%-32.4%
11/9/2021-0.7%-8.4%-9.1%
8/30/20211.9%6.6%7.1%
SUMMARY STATS   
# Positive1057
# Negative101513
Median Positive3.0%6.1%20.7%
Median Negative-6.9%-12.2%-17.9%
Max Positive10.8%10.0%120.3%
Max Negative-18.5%-29.8%-38.5%

SEC Filings

Expand for More
Report DateFiling DateFiling
03/31/202605/06/202610-Q
12/31/202503/18/202610-K
09/30/202511/13/202510-Q
06/30/202508/06/202510-Q
03/31/202505/07/202510-Q
12/31/202403/19/202510-K
09/30/202411/06/202410-Q
06/30/202408/07/202410-Q
03/31/202405/08/202410-Q
12/31/202303/20/202410-K
09/30/202311/08/202310-Q
06/30/202308/09/202310-Q
03/31/202305/10/202310-Q
12/31/202203/22/202310-K
09/30/202211/09/202210-Q
06/30/202208/10/202210-Q
Collapse to Preview
Report DateFiling DateFiling
03/31/202605/06/202610-Q
12/31/202503/18/202610-K
09/30/202511/13/202510-Q
06/30/202508/06/202510-Q
03/31/202505/07/202510-Q
12/31/202403/19/202510-K
09/30/202411/06/202410-Q
06/30/202408/07/202410-Q
03/31/202405/08/202410-Q
12/31/202303/20/202410-K
09/30/202311/08/202310-Q
06/30/202308/09/202310-Q
03/31/202305/10/202310-Q
12/31/202203/22/202310-K
09/30/202211/09/202210-Q
06/30/202208/10/202210-Q
03/31/202205/10/202210-Q
12/31/202103/29/202210-K
09/30/202111/09/202110-Q
06/30/202108/30/202110-Q
03/31/202107/08/2021S-1/A

Insider Activity

Updated 6/15/2026
Expand for More
#OwnerTitleHoldingActionFiling DatePriceSharesTransacted
Value
Value of
Held Shares
Form
1Anderson, Dyaarl Lee JRChief Commercial OfficerDirectSell61520262.014,7399,525156,776Form
2Lindgardt, ZhenyaChief Executive OfficerDirectSell61520262.016,99014,0501,738,668Form
3Inglis, Tiffany Eul DavisChief Medical OfficerDirectSell61520262.01362728185,071Form
4Jackson, BenjaminGeneral CounselDirectSell61520262.012,1794,380325,130Form
5Aerts, AustinChief Financial OfficerDirectSell61520262.012,0374,094605,392Form
Collapse to Preview
#OwnerTitleHoldingActionFiling DatePriceSharesTransacted
Value
Value of
Held Shares
Form
1Anderson, Dyaarl Lee JRChief Commercial OfficerDirectSell61520262.014,7399,525156,776Form
2Lindgardt, ZhenyaChief Executive OfficerDirectSell61520262.016,99014,0501,738,668Form
3Inglis, Tiffany Eul DavisChief Medical OfficerDirectSell61520262.01362728185,071Form
4Jackson, BenjaminGeneral CounselDirectSell61520262.012,1794,380325,130Form
5Aerts, AustinChief Financial OfficerDirectSell61520262.012,0374,094605,392Form
6Lawrence, Sandra AJ DirectSell60920262.151,5603,35435,417Form
7Lindgardt, ZhenyaChief Executive OfficerDirectSell31220262.042,9736,0651,506,161Form
8Kearney, PaulChief Data OfficerDirectSell31220262.041,3962,848334,480Form
9Jackson, BenjaminGeneral CounselDirectSell31220262.041,0272,095234,029Form
10Harrison, Robert GardnerChief Information OfficerDirectSell31220262.047161,461156,492Form
11Boniface, John JChief Scientific OfficerDirectSell31220262.041,5173,095297,518Form
12Aerts, AustinChief Financial OfficerDirectSell31220262.041,0192,079539,482Form
13Lindgardt, ZhenyaChief Executive OfficerDirectSell31220261.9022,63943,0141,408,445Form
14Aerts, AustinChief Financial OfficerDirectSell31220261.906,06911,531504,395Form
15Kearney, PaulChief Data OfficerDirectSell31020261.962,0263,971324,100Form
16Jackson, BenjaminGeneral CounselDirectSell31020261.963,1196,113226,864Form
17Harrison, Robert GardnerChief Information OfficerDirectSell31020261.963,3606,586151,759Form
18Boniface, John JChief Scientific OfficerDirectSell31020261.963,0385,954288,824Form
19Aerts, AustinChief Financial OfficerDirectSell31020261.966741,321532,218Form
20Lawrence, Sandra AJ DirectSell30620261.951,5603,04235,164Form
21Harrison, Robert GardnerChief Information OfficerDirectSell22420262.342,0004,680189,044Form
22Harrison, Robert GardnerChief Information OfficerDirectSell12720262.972,0005,940245,880Form
23Harrison, Robert GardnerChief Information OfficerDirectSell123020253.002,0006,000254,364Form
24Lindgardt, ZhenyaChief Executive OfficerDirectSell121120253.314,15513,7532,528,595Form
25Kearney, PaulChief Data OfficerDirectSell121120253.311,2134,015554,038Form
26Jackson, BenjaminGeneral CounselDirectSell121120253.318922,953393,446Form
27Harrison, Robert GardnerChief Information OfficerDirectSell121120253.316162,039287,268Form
28Boniface, John JChief Scientific OfficerDirectSell121120253.311,3324,409497,814Form
29Aerts, AustinChief Financial OfficerDirectSell121120253.318732,890901,028Form
30Lindgardt, ZhenyaChief Executive OfficerDirectSell121020253.0428,21585,7742,334,966Form
31Aerts, AustinChief Financial OfficerDirectSell121020253.045,23215,905830,184Form
32Lawrence, Sandra AJ DirectSell120820253.051,5604,75859,759Form
33Mirza, Mansoor Raza DirectSell120520253.05292891176,107Form
34Harrison, Robert GardnerChief Information OfficerDirectSell120320252.932,0005,860256,094Form
35Kearney, PaulChief Data OfficerDirectSell120320252.9432,20394,677495,672Form
36Kearney, PaulChief Data OfficerDirectSell112620253.511,9866,971591,772Form
37Lindgardt, ZhenyaChief Executive OfficerDirectSell111220252.6211,59430,3762,086,296Form
38Kearney, PaulChief Data OfficerDirectSell111220252.627,07318,531441,722Form
39Jackson, BenjaminGeneral CounselDirectSell111220252.627,05918,495313,766Form
40Harrison, Robert GardnerChief Information OfficerDirectSell111220252.626,52817,103234,238Form
41Boniface, John JChief Scientific OfficerDirectSell111220252.627,76720,350397,522Form
42Aerts, AustinChief Financial OfficerDirectSell111220252.626,35116,640729,196Form
43Mirza, Mansoor Raza DirectSell110620253.04221672176,417Form
44Harrison, Robert GardnerChief Information OfficerDirectSell110420253.072,0006,140294,511Form
45Harrison, Robert GardnerChief Information OfficerDirectSell100820253.182,0006,360311,424Form
46Mirza, Mansoor Raza DirectSell100620253.16227717184,079Form
47Lindgardt, ZhenyaChief Executive OfficerDirectSell91220253.133,24610,1602,528,696Form
48Kearney, PaulChief Data OfficerDirectSell91220253.131,2713,978549,844Form
49Jackson, BenjaminGeneral CounselDirectSell91220253.139342,923396,937Form
50Harrison, Robert GardnerChief Information OfficerDirectSell91220253.136452,019312,787Form
51Boniface, John JChief Scientific OfficerDirectSell91220253.131,3954,366499,213Form
52Aerts, AustinChief Financial OfficerDirectSell91220253.139152,864891,017Form
53Lindgardt, ZhenyaChief Executive OfficerDirectSell90920253.1521,15866,6482,555,078Form
54Aerts, AustinChief Financial OfficerDirectSell90920253.155,26316,578899,593Form
55Lawrence, Sandra AJ DirectSell90920253.053,89911,89257,383Form
56Harrison, Robert GardnerChief Information OfficerDirectSell90920253.052,0006,100306,760Form
57Mirza, Mansoor Raza DirectSell90520253.35222744195,908Form
58Kearney, PaulChief Data OfficerDirectSell90320253.491,4585,088617,521Form
59Kearney, PaulChief Data OfficerDirectSell90220253.4910,54236,792622,609Form
60Harrison, Robert GardnerChief Information OfficerDirectSell82020252.226,00013,320227,721Form
61Lindgardt, ZhenyaChief Executive OfficerDirectSell81120252.548,57121,7702,114,027Form
62Kearney, PaulChief Data OfficerDirectSell81120252.546,46016,408479,908Form
63Jackson, BenjaminGeneral CounselDirectSell81120252.546,44716,375324,488Form
64Harrison, Robert GardnerChief Information OfficerDirectSell81120252.545,96215,143275,786Form
65Boniface, John JChief Scientific OfficerDirectSell81120252.547,09418,019408,656Form
66Aerts, AustinChief Financial OfficerDirectSell81120252.545,80014,732738,754Form
67Mirza, Mansoor Raza DirectSell80520252.50225562146,755Form
68Mirza, Mansoor Raza DirectSell70820252.36234552139,068Form
69Jackson, BenjaminGeneral CounselDirectSell61220251.489651,428198,613Form
70Boniface, John JChief Scientific OfficerDirectSell61220251.481,4392,130248,613Form
71Aerts, AustinChief Financial OfficerDirectSell61120251.489451,399439,039Form
72Kearney, PaulChief Data OfficerDirectSell61120251.481,3111,940289,192Form
73Harrison, Robert GardnerChief Information OfficerDirectSell61120251.48667987169,518Form
74Lindgardt, ZhenyaChief Executive OfficerDirectSell61120251.483,3444,9491,244,480Form
75Aerts, AustinChief Financial OfficerDirectSell61120251.435,7358,201425,558Form
76Lindgardt, ZhenyaChief Executive OfficerDirectSell61120251.4323,04232,9501,207,219Form
77Mirza, Mansoor Raza DirectSell60620251.5810716993,474Form
Core Cache Last Updated: 6/23/2026