Is 10x Genomics Inc (NASDAQ: TXG) A Great Stock To Invest In?

10x Genomics Inc (NASDAQ:TXG) traded at $12.8 at close of the session on Friday, July 11 and made an upward move of 1.43% on its previous day’s price.

Looking at the stock we see that its previous close was $12.62 and the beta (5Y monthly) reads 1.981 with the day’s price range being $12.23 – $12.995. In terms of its 52-week price range, TXG has a high of $24.76 and a low of $6.78. The company’s stock has gained about 20.19% over that past 30 days.

10x Genomics Inc has a market cap of $1.60 billion and is expected to release its quarterly earnings report on 2025-May-08.

On the other hand, looking at the outlook for the TXG stock, short term indicators assign the stock an average of 50% Buy, while medium term indicators assign it an average of Hold.

Based on estimates by 8 analysts, where scores have ranged from 1.00 for a strong buy to 5.00 for a strong sell, 5 have rated the 10x Genomics Inc (TXG) stock as a Hold, while 3 rate it as a Buy. 0 analyst(s) rate it as overweight while 0 of them rated it as underweight, whereas 0 suggest the stock as a Sell. The stock has an overall rating of Hold and investors could take advantage and scoop up stock of the company.

Looking further, we note the current price level is 10.17% off its SMA20 and 27.05% from its 50-day simple moving average. The RSI (14) is pointing at 66.48 while the volatility over the past week is 6.50% and jumps to 6.16% over the past one month. The average price target for the stock over the next 12 months is $25, with the estimates having a low of $24 and a high of $46. These price ends are -87.5% and -259.38% off the current price level respectively, although investors could be excited at the prospect of a -95.31% if the TXG share price touches on the median price of $25.

Coming back to 10x Genomics Inc (NASDAQ:TXG), we note that the average 3-month trading volume was 4.06 million, while that of the preceding 10-day period stands at 4.67 million. Current shares outstanding are 109.08 million.

The insiders hold 15.39% of the company’s shares while institutions hold 90.21%. The data shows that short shares as of 2025-06-13, stood at 13.43 million at a short ratio of 3.59. This represents a 1809.00 short interest in shares outstanding on 2025-06-13. Shares short fall in June from the previous month at 14.88 million. Investors should be excited about this stock as its upside potential is great, with current price pushing the stock -29.86% down in year-to-date price movement.

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