
NASDAQ:DXCM
This summary was created by AI, based on 4 opinions in the last 12 months.
Dexcom Inc. (DXCM) is a leader in the production of continuous glucose monitors, benefiting from a substantial growth opportunity due to the rising diabetes prevalence and increasing access to monitoring devices. With recent earnings showing impressive revenue growth of over 22% and free cash flow doubling to surpass $1 billion, the company's performance appears robust. Experts have noted a long runway for growth, particularly among diabetic patients utilizing GLP-1 medications and pre-diabetic individuals. Although the stock trades at a high earnings multiple of 35x, the strong return on equity of 30% reflects its dominance in the market. Analysts have recommended strategically adjusting stop-loss levels while targeting price ranges of approximately $85 to $86, indicating a positive outlook for the stock despite recent fluctuations.
DXCM has been hit hard as investors fear new success of weight loss drugs will reduce demand for diabetes monitoring products. DXCM is not alone in the decline. But it is still growing, and recent comments by analysts suggest the sell off is quite overdone. It has new products on tap and is strong financially. Market share remains robust. Best Buy has started selling its products (not material on its own, but shows an expanding footprint). We would see DXCM as worth holding. Because it is 33X as large was WELL, they are hard to compare. WELL, being smaller, could potentially rise more, but comes with much more overall risk. From a safety and valuation standpoint, we would, today, prefer DXCM.
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Dexcom is a American stock, trading under the symbol DXCM (previously DXCM-Q on Stockchase) on the NASDAQ (DXCM). It is usually referred to as NASDAQ:DXCM or DXCM
In the last year, 4 stock analysts issued a Buy, Sell, or Hold rating on DXCM (previously DXCM-Q on Stockchase). 4 analysts recommended to BUY and 0 analysts recommended to SELL the stock. The latest stock analyst rating is WEAK BUY. Read the latest stock experts' ratings for Dexcom.
Dexcom was recommended as a Top Pick by Jim Cramer - Mad Money on 2026-08-03. Read the latest stock experts ratings for Dexcom.
Earnings reports or recent company news can cause the stock price to drop. Read stock experts' recommendations for Dexcom.
Dexcom is followed by 23 investors on Stockchase and is a trending stock that is worth watching.
On 2026-08-03, Dexcom (DXCM) stock closed at a price of $87.31.
Was up 23.9% last month. Medtech has slumped for a while, but is rallying now as investors look for tech growth outside AI stocks. They reported a good quarter last week. Wished the PE were lower.