CDNA trades 3.1% below Wall Street's consensus target of $27.00.
Last 12 months price action with 12-month analyst target path
The base valuation assumes CDNA achieves its forward estimates and maintains a stable P/E multiple of 28.0x. This scenario reflects the blended consensus of 13 Wall Street analysts, balancing both positive catalysts and macroeconomic headwinds over the next 12 months.
As of June 21, 2026, CareDx, Inc (CDNA) has a Wall Street consensus price target of $27.00, based on estimates from 13 covering analysts. With the stock currently trading at $26.18, this represents a potential upside of +3.1%. The company has a market capitalization of $1.35B.
Analyst price targets range from a low of $26.00 to a high of $28.00, representing a 7% spread in expectations. The median target of $27.00 aligns closely with the consensus average. The tight target dispersion indicates high conviction among analysts.
The current analyst consensus rating is Buy, with 10 analysts rating the stock as a Buy or Strong Buy,3 rating it Hold, and 0 rating it Sell or Strong Sell. This overwhelmingly bullish sentiment suggests analysts see significant catalysts for upside ahead.
From a valuation perspective, CDNA trades at a trailing P/E of -65.5x and forward P/E of 28.0x. Analysts expect EPS to grow +705.7% over the next year.
| Company | Market Cap | Price | Target | Upside Potential | Rating | Fwd P/E | Analysts |
|---|---|---|---|---|---|---|---|
NTRANatera, Inc. | $33.1B | $231.41 | $259.88 | +12.3% | Buy | — | 27 |
EXASExact Sciences Corporation | $20.0B | $104.91 | $105.00 | +0.1% | Buy | 582.8x | 41 |
PACBPacific Biosciences of California, Inc. | $435M | $1.40 | $1.00 | -28.6% | Buy | — | 18 |
ILMNIllumina, Inc. | $24.6B | $161.93 | $151.40 | -6.5% | Buy | 31.0x | 50 |
TXMDTherapeuticsMD, Inc. | $23M | $1.95 | — | — | — | — | — |
FLGTFulgent Genetics, Inc. | $535M | $18.00 | $15.00 | -16.7% | Buy | — | 9 |
VCYTVeracyte, Inc. | $4.3B | $53.63 | $47.60 | -11.2% | Buy | 29.3x | 20 |
PGNYProgyny, Inc. | $2.0B | $26.08 | $30.33 | +16.3% | Buy | 20.4x | 20 |
CSTLCastle Biosciences, Inc. | $641M | $21.12 | $43.50 | +106.0% | Buy | — | 11 |
TMOThermo Fisher Scientific Inc. | $172.7B | $464.61 | $599.70 | +29.1% | Buy | 18.7x | 42 |
Quick answers to the most common questions about buying CDNA stock.
The consensus price target for CDNA is $27, close to the current price of $26.18 (3.1% implied move). Based on 13 analyst estimates, the stock appears fairly valued near current levels.
CDNA has a consensus rating of "Buy" based on 13 Wall Street analysts. The rating breakdown is predominantly bullish, with 10 Buy/Strong Buy ratings. The consensus 12-month price target of $27 implies 3.1% upside from current levels.
CDNA trades at a forward P/E of 28.03x, representing a moderate valuation. With analysts targeting $27 (3.1% implied move), the stock appears close to fair value.
The most bullish Wall Street analyst has a price target of $28 for CDNA, while the most conservative target is $26. The consensus of $27 represents the median expectation. These targets typically reflect 12-month expectations.
CDNA is moderately covered, with 13 analysts providing price targets and ratings. Of these, 0 have Strong Buy ratings, 10 have Buy ratings, 3 recommend Hold, and 0 have Sell or Strong Sell ratings. Higher analyst coverage generally indicates greater institutional interest and more reliable consensus estimates.
The 12-month CDNA stock forecast based on 13 Wall Street analysts shows a consensus price target of $27, with estimates ranging from $26 (bear case) to $28 (bull case). The median consensus rating is "Buy".
CDNA trades at a forward P/E ratio of 28.0x based on next-twelve-months earnings estimates. The higher forward P/E suggests near-term earnings pressure. A forward P/E is useful for comparing valuations when earnings are expected to change significantly.
CDNA appears fairly valued according to analysts, with a "Buy" rating and minimal upside to the $27 target. Consider your investment thesis and risk tolerance. This information is for educational purposes only. Always conduct your own research, consider your financial situation, and consult a financial advisor before making investment decisions.
CDNA analyst price targets range from $26 to $28, a 7% tight range reflecting strong analyst consensus. Differences stem from varying assumptions about revenue growth, profit margins, competitive dynamics, and valuation multiples. The $27 consensus represents the middle ground.
DCF models, multiple analysis, and analyst estimates.
10-year return with dividends reinvested.
See how regular investing compounds over time.
Compare growth, multiples, and margins vs sector.