CDNA Forecast




Price Forecast:


Bearish<->Bullish




Bullish Case: CDNA's recent revenue growth, partly driven by improved Medicare coverage, suggests a positive market outlook. High call option volume signals strong bullish sentiment, supported by potential gains from the MediGo acquisition, indicating room for price recovery.




Bearish Case: CDNA faces significant legal hurdles and ongoing Medicare billing issues that may constrain revenue growth. The high ratio of implied volatility in puts compared to calls suggests heightened market concern about potential downturns, implying bearish investor sentiment.




Potential Outcomes:

1. 50% chance that Medicare coverage enhancements improve revenue significantly.

2. 30% probability ongoing legal issues depress shares further.

3. 20% chance of innovative product launches catalyzing growth and stabilizing prices.




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November 05, 2024


Caredx Forecast

CDNA        Caredx











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