10X Genomics, Inc. (TXG)
NASDAQHealth CareBiotechnologySnapshot 2026-10-29
$70.11-14.03%
Close 2026-10-30 · 1-day change
NASDAQHealth CareBiotechnologySnapshot 2026-10-29
Research Workspace
Put TXG beside peers and holdings, graph the same metric, and keep your notes with the evidence.
Daily closes. Earnings/event dots are placed inline.
Industries move in repeating boom-and-bust cycles. This shows where this stock’s industry sits in that cycle, stage by stage (recovery → expansion → supercycle → steady → deceleration → contraction), from its fundamentals (orders, revenue, capital spending), not the stock’s price.
A booming industry is a tailwind for the names in it; a contracting one is a headwind. Companies in the same industry tend to rise and fall together with the cycle, the way a tide lifts and lowers every boat in the harbor at once, so a large part of a stock’s swing can come from where its industry sits rather than from the company itself. It’s context for reading the company’s results, not a buy/sell call. Full explanation →
Health Care is in steady. Describes the industry's cycle state, not a call on this stock.
The stage band shows the industry’s cycle over the chart’s timeline (each color a stage); a ▼ marks a quarter its growth inflected down — amber is an unconfirmed watch, red is confirmed the next quarter. Use “Overlay cycle on chart” to tint the price chart by stage. The industry’s fundamentals, not a signal on this stock.
Management is running behind on a stated commitment.
View ThesisRevenue is contracting — down about 4% over the past year.
View GrowthMiddle-of-the-pack quality for its industry.
View QualityMiddle-of-the-pack management execution.
View ManagementExpectations look high — the market is pricing in about 96% growth a year, above the roughly 9% analysts expect, leaving little room for error.
View ValuationThis stock is volatile — it swings about 3% on a typical day and fell roughly 29% in its worst 12-month stretch.
View RiskTXG’s Atera platform commercialization is the growth bet, though revenue growth remains modest. Q2 FY2026 revenue grew 3% year over year, and reported EPS beat consensus. That beat does not offset the modest revenue growth or unprofitability. TXG trades at 17× sales versus 2× for peers and 12× its history. The market prices in more growth than our forecast, leaving expectations full. Management running behind on a stated commitment is the specific thesis risk. Our model puts the next-quarter miss probability at 25%. Peer multiples imply a price about 96% below where it trades; the thesis is on watch, and this read is provisional.
Trailing returns as of 2026-10-30. TXG is total return (includes dividends); the S&P 500 benchmark is price return (the index excludes dividends).
Based on 19 analysts currently covering TXG (as of Oct 2026).
Based on 10 Wall Street analysts offering 12-month price targets for TXG in the last 4 months.
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| Compare | Company | Living FV | P/E | Revenue % | Quality |
|---|---|---|---|---|---|
| TXG Selected company | Graph | Compare | Trend | Review | |
| Peer Add a competitor | Graph | Compare | Trend | Review | |
| Holding Compare a holding | Graph | Compare | Trend | Review |
Selected metric trend
Quarterly · checked companies · value or % of revenue
A consensus fair price across 4 valuation methods, at three horizons. As of 2026-10-30. Estimates are diagnostics, not price targets. Short-horizon estimates are close to coin-flips, so confidence is a method-agreement read, not a prediction.
Today's peer multiple on trailing earnings, with no growth credited. This is the headline read.
Adds projected growth, so it leans optimistic by design. Read it as upside context, not a base case.
A price-focused, side-by-side fair-value read versus Health Care Technology — fair value, gap to price, and forward P/E.
Compare the value case
Put TXG next to peers and holdings, compare Living FV and multiples, then graph the driver behind the difference.
Advances: Launch and commercialize Atera platform
Analyst target raise indicates confidence in Atera platform growth.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
End-of-day figures as of 2026-10-30. EPS is implied from price ÷ P/E. Not investment advice.
Current $70.11
The last 12 months of price, then the range of analyst 12-month targets from today’s $70.11.
Analyst ratings and price targets are third-party Wall Street estimates, not QuarterlyIQ’s view. Not investment advice.
A long-thesis check that carries the widest uncertainty of the three horizons.
Below average on quality vs scored peers
Direction of the business behind the multiple. Bands are backend reads; trailing-12-month basis.
TTM earnings are negative. P/E-based methods drop out and the estimate leans on sales- and cash-flow-based methods. A data condition, not a forward call.
Advances: Launch and commercialize Atera platform
Launch of Sentira supports Atera platform commercialization.
Patent win strengthens competitive position and supports revenue growth.
Advances: Launch and commercialize Atera platform
Atera's delivery is crucial for growth and revenue guidance.
Advances: Launch and commercialize Atera platform
Strong early orders confirm Atera platform's market potential.
Advances: Maintain and raise 2026 revenue guidance
2026 outlook lift supports revenue growth expectations.
Advances: Maintain and raise 2026 revenue guidance
Earnings call provides insights into revenue growth trajectory.
Advances: Launch and commercialize Atera platform
Positive sentiment on Atera rollout aligns with product objectives.