NTRA Stock - Natera, Inc.
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Financial Statements
| Metric | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|
| Revenue | $1.70B | $1.08B | $820.22M | $625.49M | $391.00M |
| Gross Profit | $1.02B | $492.74M | $363.97M | $307.07M | $187.38M |
| Gross Margin | 60.3% | 45.5% | 44.4% | 49.1% | 47.9% |
| Operating Income | $-222,294,000 | $-446,245,000 | $-541,040,000 | $-468,174,000 | $-216,277,000 |
| Net Income | $-190,426,000 | $-434,801,000 | $-547,799,000 | $-471,716,000 | $-229,743,000 |
| Net Margin | -11.2% | -40.2% | -66.8% | -75.4% | -58.8% |
| EPS | $-1.53 | $-3.78 | $-5.57 | $-5.21 | $-2.84 |
Natera, Inc., a diagnostics company, develops and commercializes molecular testing services worldwide. It offers Panorama, a non-invasive prenatal test that screens for chromosomal abnormalities of a fetus with a blood draw from the mother, as well as twin pregnancies for zygosity; Vistara, a single-gene mutations screening test to identify single-gene disorder; Horizon carrier screening to determine carrier status for various genetic diseases; and Spectrum to identify chromosomal anomalies or inherited genetic conditions during an in vitro fertilization cycle. The company also provides Anora miscarriage test products to analyze fetal chromosomes to understand the cause of miscarriage; and non-invasive paternity testing products to determine paternity by gestation using a blood draw from the pregnant mother and alleged father. In addition, it offers Constellation, a cloud-based software product that enables laboratory customers to gain access through the cloud to the company's algorithms and bioinformatics in order to validate and launch tests; Signatera, a circulating tumor DNA technology that screen for a generic set of mutations independent of an individual's tumor; and Prospera used to assess organ transplant rejection. The company offers products through its direct sales force, as well as through a network of approximately 100 laboratory and distribution partners. It has a partnership agreement with BGI Genomics Co., Ltd. to develop, manufacture, and commercialize NGS-based genetic testing assays; and Foundation Medicine, Inc. to develop and commercialize personalized circulating tumor DNA monitoring assays. The company was formerly known as Gene Security Network, Inc. and changed its name to Natera, Inc. in 2012. Natera, Inc. was founded in 2003 and is based in Austin, Texas.
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Price Targets
Recent Analyst Actions
| Date | Firm | Action | Rating | Price Target |
|---|---|---|---|---|
| December 2nd 2025 | Morgan Stanley | Resumed | Overweight | $265 |
| October 27th 2025 | BNP Paribas Exane | Upgrade | Neutral | $172 |
| September 22nd 2025 | Wells Fargo | Resumed | Equal Weight | $175 |
| March 13th 2025 | RBC Capital Mkts | Initiation | Outperform | $251 |
| January 23rd 2025 | Barclays | Initiation | Overweight | $200 |
| June 3rd 2024 | Jefferies | Resumed | Buy | $142 |
| April 8th 2024 | Craig Hallum | Resumed | Buy | $117 |
| February 20th 2024 | Raymond James | Downgrade | Outperform | $85← $68 |
| December 29th 2023 | BTIG Research | Reiterated | Buy | $85← $75 |
| December 14th 2023 | Guggenheim | Initiation | Buy | $70 |
| December 13th 2023 | Wolfe Research | Initiation | Outperform | $70 |
| November 13th 2023 | Raymond James | Upgrade | Strong Buy | $68 |
| September 28th 2023 | Bernstein | Initiation | Market Perform | $48 |
| July 5th 2023 | JP Morgan | Resumed | Overweight | $85 |
| May 5th 2023 | UBS | Initiation | Buy | $76 |
Earnings History & Surprises
NTRAEPS Surprise History
Quarterly EPS Details
| Period | Report Date | Estimated EPS | Actual EPS | Surprise | Result |
|---|---|---|---|---|---|
Q2 2026 | May 6, 2026 | — | — | — | — |
Q1 2026 | Feb 26, 2026 | $-0.44 | — | — | — |
Q4 2025 | Nov 6, 2025 | $-0.39 | $-0.64 | -64.1% | ✗ MISS |
Q3 2025 | Aug 7, 2025 | $-0.62 | $-0.74 | -20.2% | ✗ MISS |
Q2 2025 | May 8, 2025 | $-0.64 | $-0.50 | +21.9% | ✓ BEAT |
Q1 2025 | Feb 27, 2025 | $-0.38 | $-0.41 | -7.6% | ✗ MISS |
Q4 2024 | Nov 12, 2024 | $-0.57 | $-0.26 | +54.4% | ✓ BEAT |
Q3 2024 | Aug 8, 2024 | $-0.69 | $-0.30 | +56.5% | ✓ BEAT |
Q2 2024 | May 9, 2024 | $-0.71 | $-0.56 | +21.1% | ✓ BEAT |
Q1 2024 | Feb 28, 2024 | $-0.73 | $-0.64 | +12.3% | ✓ BEAT |
Q4 2023 | Nov 8, 2023 | $-0.96 | $-0.95 | +1.0% | ✓ BEAT |
Q3 2023 | Aug 3, 2023 | $-1.09 | $-0.97 | +11.0% | ✓ BEAT |
Q2 2023 | May 9, 2023 | $-1.15 | $-1.23 | -7.0% | ✗ MISS |
Q1 2023 | Feb 28, 2023 | $-1.42 | $-1.37 | +3.5% | ✓ BEAT |
Q4 2022 | Nov 8, 2022 | $-1.44 | $-1.25 | +13.2% | ✓ BEAT |
Q3 2022 | Aug 4, 2022 | $-1.50 | $-1.50 | 0.0% | = MET |
Q2 2022 | May 5, 2022 | $-1.48 | $-1.45 | +2.0% | ✓ BEAT |
Q1 2022 | Feb 24, 2022 | $-1.31 | $-1.48 | -13.0% | ✗ MISS |
Q4 2021 | Nov 4, 2021 | $-1.27 | $-1.63 | -28.3% | ✗ MISS |
Q3 2021 | Aug 5, 2021 | $-1.12 | $-1.32 | -17.9% | ✗ MISS |
Latest News
Natera Publishes Data From Phase III CALGB 80702 Trial In JAMA Oncology
➖ NeutralNatera Highlights Signatera Study In Nature Communications
📈 PositiveJP Morgan Maintains Overweight on Natera, Raises Price Target to $260
📈 PositiveWells Fargo Maintains Equal-Weight on Natera, Raises Price Target to $205
📈 PositiveReported Earlier, Natera Phase III PALLAS Study Shows Signatera MRD Testing Provides Powerful Post-Surgical Prognostic Information In HR+/HER2- Breast Cancer
📈 PositiveNatera Files For Offering Of Up To 1.95M Shares Of Common Stock By Selling Stockholders
➖ NeutralNatera Acquires Foresight Diagnostics In All-Stock Deal Worth $450M, $275M Upfront Plus $175M Earnouts, Expanding Solid Tumor MRD And Lymphoma Leadership
📈 PositiveMorgan Stanley Maintains Overweight on Natera, Raises Price Target to $265
📈 PositiveNatera To Present 12 Abstracts Highlights Of Signatera At 2025 San Antonio Breast Cancer Symposium
📈 PositiveLive On CNBC, Stephanie Link Announces Bought Natera
📈 PositiveStephens & Co. Maintains Overweight on Natera, Raises Price Target to $235
📈 PositivePiper Sandler Maintains Overweight on Natera, Raises Price Target to $230
📈 PositiveMorgan Stanley Maintains Overweight on Natera, Raises Price Target to $220
📈 PositiveJP Morgan Maintains Overweight on Natera, Raises Price Target to $240
📈 PositiveWells Fargo Maintains Equal-Weight on Natera, Raises Price Target to $190
📈 PositiveNTRA stock has given up its prior gain. Natera shares were trading higher after the company reported better-than-expected Q3 sales results and raised its FY25 sales guidance above estimates.
📈 PositiveEvercore ISI Group Maintains Outperform on Natera, Raises Price Target to $250
📈 PositiveNatera shares are trading higher after the company reported better-than-expected Q3 sales results and raised its FY25 sales guidance above estimates.
📈 PositiveBTIG Maintains Buy on Natera, Raises Price Target to $230
📈 PositiveNatera shares are trading higher after the company reported better-than-expected Q3 sales results and raised its FY25 sales guidance above estimates.
📈 PositiveFrequently Asked Questions about NTRA
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