Analyst Price Target is $98.00
▲ +22.44% Upside Potential
This price target is based on 18 analysts offering 12 month price targets for DexCom in the last 3 months. The average price target is $98.00, with a high forecast of $130.00 and a low forecast of $75.00. The average price target represents a 22.44% upside from the last price of $80.04.
Current Consensus is
Moderate Buy
The current consensus among 18 contributing investment analysts is to moderate buy stock in DexCom. This Moderate Buy consensus rating has held steady for over two years.
DexCom, Inc., a medical device company, focuses on the design, development, and commercialization of continuous glucose monitoring (CGM) systems in the United States and internationally. The company provides its systems for use by people with diabetes, as well as for use by healthcare providers. Its products include Dexcom G6 and Dexcom G7, integrated CGM systems for diabetes management; Dexcom Share, a remote monitoring system; Dexcom Real-Time API, which enables authorized third-party software developers to integrate real-time CGM data into their digital health apps and devices; and Dexcom ONE, that is designed to replace finger stick blood glucose testing for diabetes treatment decisions. It has also submitted FDA review for Dexcom Stelo for people with type 2 diabetes. The company has a collaboration and license agreement with Verily Life Sciences LLC and Verily Ireland Limited to develop blood-based or interstitial glucose monitoring products. It markets its products directly to endocrinologists, physicians, and diabetes educators. The company was incorporated in 1999 and is headquartered in San Diego, California.
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