DexCom, Inc. (DXCM)

NASDAQ: DXCM · IEX Real-Time Price · USD
112.49
+0.32 (0.29%)
At close: Jul 2, 2024, 4:00 PM
113.00
+0.51 (0.45%)
After-hours: Jul 2, 2024, 6:33 PM EDT
0.29%
Market Cap 44.74B
Revenue (ttm) 3.80B
Net Income (ttm) 639.30M
Shares Out 397.68M
EPS (ttm) 1.54
PE Ratio 73.05
Forward PE 59.85
Dividend n/a
Ex-Dividend Date n/a
Volume 1,694,495
Open 112.17
Previous Close 112.17
Day's Range 111.00 - 113.11
52-Week Range 74.75 - 142.00
Beta 1.22
Analysts Strong Buy
Price Target 140.33 (+24.75%)
Earnings Date Jul 25, 2024

About DXCM

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 t... [Read more]

Industry Medical Devices
Sector Healthcare
IPO Date Apr 14, 2005
Employees 9,600
Stock Exchange NASDAQ
Ticker Symbol DXCM
Full Company Profile

Financial Performance

In 2023, DexCom's revenue was $3.62 billion, an increase of 24.49% compared to the previous year's $2.91 billion. Earnings were $541.50 million, an increase of 58.70%.

Financial Statements

Analyst Forecast

According to 15 analysts, the average rating for DXCM stock is "Strong Buy." The 12-month stock price forecast is $140.33, which is an increase of 24.75% from the latest price.

Price Target
$140.33
(24.75% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Dexcom Schedules Second Quarter 2024 Earnings Release and Conference Call for July 25, 2024 at 4:30 p.m. Eastern Time.

SAN DIEGO--(BUSINESS WIRE)--DexCom, Inc. (NASDAQ:DXCM) today announced that it plans to release its second quarter 2024 financial results after market close on Thursday, July 25, 2024. Management will...

5 days ago - Business Wire

Dexcom Expands AID Partnership Into The Netherlands

EDINBURGH, Scotland--(BUSINESS WIRE)--DexCom, Inc. (Nasdaq: DXCM), a global leader in real-time continuous glucose monitoring for people with diabetes, today announced that people living with Type 1 d...

12 days ago - Business Wire

Dexcom Showcases Extensive Clinical Data at ADA 2024 Demonstrating the Benefit of Dexcom CGM Use Among People With Type 2 Diabetes

SAN DIEGO--(BUSINESS WIRE)--DexCom, Inc. (NASDAQ: DXCM), the global leader in real-time continuous glucose monitoring (CGM) for people with diabetes, will showcase its expanding focus on Dexcom CGM us...

12 days ago - Business Wire

New Weight-Loss Drugs and Devices Are Coming This Week

Weight-loss breakthroughs all emerged from diabetes treatment. Meetings such as the coming American Diabetes Association are increasingly dominated by news on obesity drugs.

Other symbols: ABTALTREGN
15 days ago - Barrons

Dexcom G7 Now Connects Directly to Apple Watch in the U.S.

SAN DIEGO--(BUSINESS WIRE)--DexCom, Inc. (NASDAQ:DXCM), the global leader in real-time continuous glucose monitoring for people with diabetes, announced today that the Dexcom G7 Continuous Glucose Mon...

27 days ago - Business Wire

Dexcom Wins Access to Dexcom One for 100,000 People Living With Type 2 Diabetes

EDINBURGH, Scotland--(BUSINESS WIRE)--DexCom, Inc. (Nasdaq: DXCM), a global leader in real-time continuous glucose monitoring for people with diabetes, today announced a significant advancement in acc...

4 weeks ago - Business Wire

Nova Scotia Now Providing Coverage for Dexcom Continuous Glucose Monitoring Systems

BURNABY, British Columbia--(BUSINESS WIRE)--Dexcom, Inc. (NASDAQ: DXCM), a global leader in real-time continuous glucose monitoring (rtCGM) for people with diabetes, today announced that residents of ...

4 weeks ago - Business Wire

Dexcom Announces Upcoming Conference Presentation

SAN DIEGO--(BUSINESS WIRE)--DexCom, Inc. (NASDAQ:DXCM) today announced that Jereme Sylvain, Executive Vice President and Chief Financial Officer, will present an update on the company at the William B...

4 weeks ago - Business Wire

Tandem Mobi Insulin Pump Now Compatible with Dexcom G7 CGM

SAN DIEGO--(BUSINESS WIRE)-- #TandemDiabetes--Tandem Diabetes Care, Inc. (Nasdaq: TNDM) and Dexcom, Inc. (Nasdaq: DXCM), today announced that the Tandem Mobi insulin pump with Control-IQ technology is...

Other symbols: TNDM
4 weeks ago - Business Wire

Dexcom Launches Innovative New Sensor as Groundbreaking Report Reveals Alarming Rates of Anxiety and Depression in Those With Type 2 Diabetes

LONDON--(BUSINESS WIRE)--DexCom, Inc. (Nasdaq: DXCM), a global leader in real-time continuous glucose monitoring (CGM) for people with diabetes, today announced both the launch of Dexcom ONE+, a CGM d...

6 weeks ago - Business Wire

Will DexCom Offer Better Returns Than 3M Stock?

Given its better prospects, we believe DexCom stock (NASDAQ NASDAQ : DXCM) is a better pick than 3M stock (NYSE: MMM). Although these companies are from different sectors, we compare them because of t...

Other symbols: MMM
6 weeks ago - Forbes

Dexcom Reports First Quarter 2024 Financial Results

SAN DIEGO--(BUSINESS WIRE)---- $DXCM #dexcom--DexCom, Inc. (Nasdaq: DXCM) today reported its financial results as of and for the quarter ended March 31, 2024. First Quarter 2024 Financial Highlights: ...

2 months ago - Business Wire

SLB, DXCM, CRH: The Economy is Relatively Healthy

Economic trends and earnings continue to drive most of the conversations, notes Tyler Ellegard. He discusses the impact upcoming earnings could have on the markets.

Other symbols: CRH
2 months ago - Schwab Network

MD Revolution Partners with Dexcom to Integrate Continuous Glucose Monitoring Systems With its Remote Care Management Platform

SAN DIEGO--(BUSINESS WIRE)--MD Revolution, the leader in remote care management solutions for health systems and multi-specialty clinics, has partnered with Dexcom to integrate their industry-leading ...

2 months ago - Business Wire

This weight-loss ETF has performed well in its first five months. How does it compare with cheaper alternatives?

A new exchange-traded fund needs an edge to attract investors. This might be its industry focus — a tall order in a crowded market with ETFs covering just about any industry you can imagine.

2 months ago - Market Watch

Dexcom Publishes Annual Sustainability Report

SAN DIEGO--(BUSINESS WIRE)--DexCom, Inc. (NASDAQ:DXCM), the leader in real-time continuous glucose monitoring (CGM) for people with diabetes, today released its annual Sustainability Report. This repo...

3 months ago - Business Wire

Dexcom Schedules First Quarter 2024 Earnings Release and Conference Call for April 25, 2024 at 4:30 p.m. Eastern Time

SAN DIEGO--(BUSINESS WIRE)--DexCom, Inc. (NASDAQ:DXCM) today announced that it plans to release its first quarter 2024 financial results after market close on Thursday, April 25, 2024. Management will...

3 months ago - Business Wire

Neutral to Bullish on TTD, DXCM & Bullish on AMZN

The Trade Desk (TTD), Amazon (AMZN), and DexCom (DXCM) are today's big three stocks. Jessica Inskip and Rick Ducat discuss the technical trends, as well as how to trade these names.

Other symbols: AMZNTTD
3 months ago - Schwab Network

Final Trades: SL Green, Palantir and Dexcom

The Investment Committee share their Final Trades.

Other symbols: PLTRSLG
4 months ago - CNBC Television

Dexcom announces its first ever over-the-counter CGM Stelo has been cleared by the FDA

Dexcom on Tuesday announced that its new over-the-counter continuous glucose monitor called Stelo has been cleared for use by the FDA.

4 months ago - CNBC

US FDA clears use of first over-the-counter continuous glucose monitor

The U.S. Food and Drug Administration has cleared the use of Dexcom's device making it the first continuous glucose monitor to be available over the counter, the health regulator said on Tuesday.

4 months ago - Reuters

Stelo by Dexcom First Glucose Biosensor to be Cleared by FDA as Over-the-Counter

SAN DIEGO--(BUSINESS WIRE)--DexCom, Inc. (NASDAQ:DXCM), the global leader in real-time continuous glucose monitoring for people with diabetes, announced today that the FDA has cleared Stelo by Dexcom ...

4 months ago - Business Wire

Dexcom Showcases Leadership in AID and Power of Dexcom CGM in Type 2 Diabetes With New Data at ATTD

EDINBURGH, Scotland--(BUSINESS WIRE)--DexCom, Inc. (NASDAQ: DXCM), the global leader in real-time continuous glucose monitoring (CGM) for people with diabetes, announced compelling new clinical eviden...

4 months ago - Business Wire

Tiger Global slashes stakes in Magnificent Seven while piling into semiconductor makers

Tiger Global has slashed its positions in four of the five Magnificent Seven tech stocks that account for almost half of its portfolio, while upping its stake in Amazon.com and piling into semiconduct...

4 months ago - Market Watch

Dexcom beats profit estimates on strong demand for glucose monitors

Glucose monitor maker Dexcom beat analyst estimates for fourth-quarter earnings on Thursday, helped by strong demand for its continuous glucose monitoring (CGM) systems.

5 months ago - Reuters