WGS Surpasses Analyst Target Price of $101.53

GeneDx Holdings Corp (WGS) shares have crossed above the average analyst 12-month target price of $101.53, trading at $103.42/share. Eight analysts contribute to the average, with a standard deviation of $14.728. The average rating is 1.5 out of 5, with 6 strong buy ratings and 2 hold ratings. Investors should assess the company and decide if the valuation has gotten stretched or if it's time to take profits.

GeneDx Holdings Corp (WGS) shares have crossed above the average analyst 12-month target price of $101.53, trading at $103.42 per share as of July 2, 2025. This development comes on the heels of a strong second-quarter earnings report and several bullish analyst updates [1].

The average target price is derived from eight analysts, with a standard deviation of $14.728, indicating a range of opinions among the pundits. The average rating is 1.5 out of 5, with 6 strong buy ratings and 2 hold ratings, suggesting a generally positive outlook on the company's prospects [2].

Several key analysts have raised their price targets in recent weeks. TD Cowen's Dan Brennan increased his fair value assessment to $118 per share, while Wells Fargo's Brandon Couillard raised his target to $95 per share. BTIG's Mark Massaro is the most bullish, setting a new target of $125 per share [1].

The company's strong performance and positive analyst sentiment have driven its stock price higher. However, investors should consider whether the current valuation has become stretched or if it's a good time to take profits. The Motley Fool Stock Advisor did not include GeneDx in their top 10 stocks, suggesting that there may be better opportunities elsewhere [1].

GeneDx Holdings Corp is a genomics company that provides genetic testing services. It has a strong focus on expanding its commercial footprint and enhancing its interpretation platform with artificial intelligence [3]. The company's recent acquisition of Fabric Genomics, Inc. for $51 million further underscores its commitment to growth and innovation.

Investors should carefully assess the company's fundamentals and the broader market conditions before making any investment decisions. It is essential to consider the potential risks and rewards associated with investing in GeneDx Holdings Corp.

References:
[1] https://finance.yahoo.com/news/why-genedx-holdings-stock-crushed-000002708.html
[2] https://www.nasdaq.com/articles/wgs-crosses-above-average-analyst-target
[3] https://simplywall.st/stocks/us/healthcare/nasdaq-wgs/genedx-holdings