{ }
001122334455554433221100
001122334455554433221100
Symbol DXCM
Name DexCom, Inc.
Currency USD
Sector Health Care
IndustryGroup Pharmaceuticals, Biotechnology & Life Sciences
Industry Biotechnology
Market NASDAQ Global Select
Country United States
State CA
City San Diego
Zipcode 92121
Website http://www.dexcom.com

ubs initiates buy rating for penumbra with strong revenue growth forecast

UBS has initiated coverage on Penumbra with a Buy rating and a price target of $305, citing a projected 14% revenue CAGR through 2029, driven by a strong product launch cycle and growth in the venous thromboembolism market. The stock, currently trading at $263.69, is expected to maintain a premium valuation in the high-growth MedTech sector, supported by a gross profit margin of 63% and a 17% revenue growth over the past year. Other analysts, including Oppenheimer and Wells Fargo, have also expressed positive outlooks on Penumbra, anticipating continued double-digit growth and successful product introductions.

Dow Jones rises as American Airlines flights grounded during holiday rush

The stock market saw gains during the Christmas Eve trading session, with the Dow Jones rising over 175 points and the Nasdaq composite up 0.9%. Adtalem Global Education and Fortinet are nearing buy points, while American Airlines faced a temporary grounding of flights due to a technical issue. Major tech stocks like Nvidia and Amazon also showed strength, contributing to the overall positive market sentiment.

Top Healthcare Stocks to Consider for Long-Term Investment Success

DexCom and Intuitive Surgical are two healthcare stocks poised for significant growth over the next decade. DexCom, despite recent challenges, is expanding its continuous glucose monitoring systems and building a network effect that enhances its market position. Meanwhile, Intuitive Surgical continues to lead in robotic-assisted surgery, recently advancing its da Vinci system with FDA clearance for its fifth generation, underscoring its commitment to innovation.

hi-tech medical devices market poised for growth driven by innovation and sustainability

The global Hi-Tech Medical Devices Market is experiencing significant growth driven by technological advancements, changing consumer preferences, and a focus on sustainability. Key objectives include forecasting market size across regions, analyzing growth factors, and identifying opportunities for stakeholders. Major players in the market include Medtronic, Abbott Laboratories, and Johnson & Johnson, with a comprehensive analysis of competitive dynamics and market trends provided in the research report.

ura and dexcom partner to enhance metabolic health tracking for users

Eli Lilly"s experimental cholesterol pill, muvalaplin, has shown promising results in a mid-stage trial, significantly reducing levels of lipoprotein(a), a genetic risk factor for heart disease. The highest dose decreased Lp(a) by 70% compared to placebo, with a favorable safety profile. Analysts suggest the drug could become a blockbuster if it proves effective in preventing cardiovascular events in future trials.

Dexcom invests 75 million in Oura to enhance health monitoring technology

Dexcom has invested $75 million in Oura, the maker of the Oura Ring, to form a health monitoring partnership that aims to integrate continuous glucose monitoring with biometric data. The collaboration will enhance user health insights and includes plans for co-marketing and cross-selling products, with the first app integration expected in early 2025. This partnership allows Dexcom to expand its reach beyond prescription markets by combining its OTC glucose biosensor with the Oura Ring.

ura secures 75 million investment from dexcom raising valuation to 5 billion

Oura has secured a $75 million investment from Dexcom, boosting its valuation to over $5 billion. This partnership will integrate Oura rings with Dexcom's glucose monitoring technology, enabling users to track how food impacts their health. The first app integration is set to launch in early 2025, with both companies planning to co-market their products.

ura valued at five billion in investment from dexcom

Oura Health Oy has secured a $75 million investment from Dexcom Inc., a medical device company, as part of a Series D financing round. This investment values Oura at over $5 billion, a significant increase from its $2.6 billion valuation in 2022. The partnership aims to facilitate data sharing and cross-selling of products between the two firms.
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