CareDx, Inc

CareDx, Inc

CDNAยทNASDAQ

$22.31

+1.1%
HealthcareMedical - Diagnostics & Research

CareDx, Inc. discovers, develops, and commercializes diagnostic solutions for transplant patients and caregivers worldwide. It provides AlloSure Kidney, a donor-derived cell-free DNA (dd-cfDNA) solution for kidney transplant patients; AlloMap Heart, a gene expression solution for heart transplant patients; AlloSure Heart, a dd-cfDNA solution for heart transplant patients; and AlloSure Lung, a dd-cfDNA solution for lung transplant patients. The company also offers TruSight HLA, a next generation sequencing (NGS) based high resolution typing solution; Olerup SSP, which is used to type human leukocyte antigen (HLA) alleles based on sequence specific primer technology; QTYPE that enables precision in HLA typing; and Ottr, a transplant patient management software. In addition, it provides AlloSeq Tx, a high-resolution HLA typing solution; AlloSeq cfDNA, a surveillance solution to measure dd-cfDNA in blood; AlloSeq HCT, a solution for chimerism testing for stem cell transplant recipients; and XynQAPI transplant quality tracking and waitlist management solutions, as well as AlloCare, a mobile app that offers a patient-centric resource for transplant recipients. The company offers its products directly to customers, as well as through third-party distributors and sub-distributors. It has a license agreement with Illumina, Inc. for the distribution, development, and commercialization of NGS products and technologies; and Cibiltech SAS to commercialize iBox, a software for the predictive analysis of post-transplantation kidney allograft loss. The company was formerly known as XDx, Inc. and changed its name to CareDx, Inc. in March 2014. The company was incorporated in 1998 and is headquartered in South San Francisco, California.

At a Glance

Live Snapshot
Market Cap$1.15B
EPS-0.4000
P/E Ratio-55.77
Earnings Date08/05/2026
CareDx, Inc

CareDx, Inc Fair Value Envelope

CDNA ยท NASDAQ

Our analysis suggests that CDNA has a fair value of HIDDEN per share in the Base Case projection. With shares currently trading at $22.31, this represents a potential HIDDEN relative to our calculated worth for CareDx, Inc.

Intrinsic Value
Current Price: $22.31

Owner Earnings Valuation Tool

Warren Buffett's Owner Earnings DCF analysis for intrinsic value calculation

Historical Financial Data

Base year metrics used for projections

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Projection Settings

Forecast period and terminal assumptions

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DCF Valuation Summary

Calculation flow from present value to intrinsic value per share

Present Value$1.8B
+ Cash & Equivalents$65.4M
Firm Value$1.9B
- Debt$19.7M
Equity Value$1.9B
/ Shares Outstanding51,434,584B
DCF Value$36
UNDERVALUED BY 62%

Owner Earnings Projections

Operating Cash Flow - Maintenance CapEx = Owner Earnings

Metric
Year 1
Year 2
Year 3
Year 4
Year 5
Year 6
Year 7
Year 8
Year 9
Year 10
Operating Cash Flow
$48.1M
$55.0M
$63.0M
$72.1M
$82.5M
$94.4M
$108.0M
$123.6M
$141.4M
$161.8M
Maintenance CapEx
-$1.4M
-$1.5M
-$1.8M
-$2.0M
-$2.3M
-$2.7M
-$3.0M
-$3.5M
-$4.0M
-$4.6M
Owner Earnings
$46.7M
$53.5M
$61.2M
$70.0M
$80.2M
$91.7M
$105.0M
$120.1M
$137.4M
$157.3M
Discount Factor
0.926
0.857
0.794
0.735
0.681
0.630
0.583
0.540
0.500
0.463
Present Value
$43.3M
$45.9M
$48.6M
$51.5M
$54.5M
$57.8M
$61.2M
$64.9M
$68.7M
$72.8M
Terminal Value represents 68.5% of Enterprise Value