CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:
We raise our 12-month target by $28 to $140, reflecting a 9.6x multiple of our 2026 EV/sales estimate, below GH's one-year historical forward average of 10.6x and above the three-year forward average of 7.6x. We narrow our 2026 loss per share estimate by $0.01 to -$1.42 and narrow 2027's by $0.12 to -$0.62. We think GH's strengthening growth outlook gains support from yesterday's FDA approval of the updated Guardant360 Liquid CDx test, which incorporates a 100x greater genomic footprint than the previous version and supports significantly greater tumor sensitivity, with a rapid turnaround time of just seven days. We think the approval may expand GH's addressable market and support higher testing volumes, supported by recent momentum from partnerships with pharma and lab testing firms, while potentially accelerating GH's path toward profitability (anticipated around late 2027 to early 2028).