BDSX

SellHot Air

Biodesix, Inc. · Healthcare · United States · $223M cap · $2.3M/day traded

$22.86 +4.1% · close 28 Oct · scored 29 Oct

Hot Air: Rising on momentum alone: weak business, rich price.

31
StockRank
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Quality
35
Value
26
Momentum
59

As of 29 Oct 2026, MoatMap's StockRank for Biodesix, Inc. (BDSX) is 31/100, ranked against 24,000+ stocks in 35 markets (Quality 35, Value 26, Momentum 59, each scored against its sector).

Does StockRank work? Each month we publish how every decile did, whichever way it went. See the record →

P/E (TTM)
—
peers 27.2x
ROE
-540.0%
peers -30.1%
D/E
7.9x
peers 0.2x
Dividend %
—
trailing yield

ABOUT BIODESIX, INC.

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Biodesix, Inc. is a diagnostics company that develops and commercializes rapid, blood-based tests for lung cancer and other pulmonary diseases. The company's competitive advantage lies in its proprietary multi-omics platform and artificial intelligence, which deliver actionable clinical results within 72 hours, bypassing the need for invasive tissue biopsies. Biodesix operates as a high-growth niche player in the precision oncology space, supported by expanding Medicare coverage and clinical adoption.

FINANCIAL SUMMARY (USD)

Year2022202320242025CAGRTTM2026E2027EFwd CAGR
Revenue38.2M49.1M71.3M88.5M32.3%102.9M112.0M134.6M23.3%
EPS-11.62-5.95-6.60-4.67—-3.10-2.67-1.67—
Shares10.4M10.4M7.3M8.3M-20.3%10.6M———
Debt31.9M60.7M62.0M72.9M31.8%71.8M———
Equity20.6M4.6M20.9M-2.5M0.7%————
Op CF-45.0M-22.9M-48.6M-23.3M—-19.8M———
Inv CF-3.5M-23.1M-3.4M-0.4M—————
Fin CF58.9M29.1M52.0M16.4M—————
Loading 1Y...
PRICE (1Y) · USD-20.7%
21.223.525.828.130.417 Sep8 Oct28 Oct
SMA 50SMA 200

Price checkNo clear trendExperimental

No clear trend: not near its 52-week low, and not in a steady uptrend.

SwingsVery bumpy

Swung more than 96% of stocks we rank over the past year (107% a year).

How this is worked out

StockRank judges the business. The price check reads only the chart: it is the price side of the Momentum score, in words.

The rules: Still falling is a new 52-week low in the last two weeks, at least 25% below the high. Finding a floor is no new low since. Turning up is 20 or more trading days without a new low, at least 10% off it, and back above a rising 50-day average. In an uptrend is above the 200-day average and within 15% of the high.

In 2,112 US drawdowns since 2001, buying while the price was still falling was followed by a further 20% drop 42% of the time. Waiting for a turn like this one cut that to 33%, at about 7% higher prices and with no better returns. Part of that cut is simply not buying: 13% of falls never turned, and waiting kept those out. Among turns that were bought, 38% still fell another 20%, and 33% of turns were followed by a new low within six months. The benefit was largest in crashes such as 2008 and 2020.

What it measures: day-to-day price moves over the past year, as a yearly figure, ranked against every stock we cover. Very calm under 20% a year, Calm 20 to 30%, Average 30 to 40%, Bumpy 40 to 55%, Very bumpy above that.

What we found: across about 13,500 stocks in 34 markets (2002 to 2025), past swings were a good guide to the next year's, and bumpier stocks fell further. How much further changed too much between eras to put a number on it.

Calm is not safe: a calm stock can still slide steadily.

Rules fixed before any data was fetched. Describes the chart, not a recommendation.

Close
$22.86
RSI (14)
35.3
52-Week Range-28.5% from high
Low $5.26High $31.97

SCORE BREAKDOWN

Quality
35
ROIC
-28.1%24.9
ROE
-540.0%1.6
GP/Assets
97.1%98.1
Op. Margin
-20.0%24.7
FCF/Assets
-23.3%19.4
Piotroski
431.0
Int. Cover
-2.4x30.4
D/E Ratio
7.85x1.3
Current Ratio
2.85x53.7
Value
26
P/E (TTM)
—N/A
EV/EBITDA
-17.7x25.0
P/FCF
—N/A
P/B
24.4x3.6
P/S
2.2x63.9
Div Yield
—N/A
Momentum
59
52W High %
72%56.8
RS 6M
124%97.7
SMA 50/200
1.43x97.2
EPS Rev 4W
0.0%51.2
EPS Rev 12W
0.0%43.9
EPS Improve
-42%9.9
Q Growth
—N/A

FUNDAMENTALS

Market Cap
$223M
P/E (Forward)
-4.8x
Gross Margin
82.5%

SECTOR PEERS

Closest peers in Healthcare, ranked by industry match, size, and score similarity. Cross-listings of BDSX are excluded.

TickerCompanyMkt CapStockRankSignal
BDSXBiodesix, Inc.(you)$223M31Sell
XGNExagen Inc.$176M34Sell
FLGTFulgent Genetics, Inc.$553M46Hold
MYGNMyriad Genetics, Inc.$557M46Hold
PRPOPrecipio, Inc.$52M36Hold
950200.KQPsomagen, Inc.$50M37Hold
OPKOPKO Health, Inc.$1.2B37Hold
WGSGeneDx Holdings Corp.$1.7B35Hold
IMDXInsight Molecular Diagnostics Inc.$93M3Strong Sell
950130.KQAccess Bio, Inc.$52M13Strong Sell

Peer medians: ROE -30.1% · P/E 27.2x · Gross margin 63.3%

Company Deep Dive

Business segments breakdown, earnings transcript analysis, management credibility scoring, competitive landscape, and scenario modelling.

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Biodesix, Inc. (BDSX): Stock Score Summary

Biodesix, Inc. (BDSX) has a MoatMap StockRank of 31/100 based on Quality (35/100), Value (26/100), and Momentum (59/100) factor scores. The current signal is SELL.

Biodesix, Inc. is a diagnostics company that develops and commercializes rapid, blood-based tests for lung cancer and other pulmonary diseases. The company's competitive advantage lies in its proprietary multi-omics platform and artificial intelligence, which deliver actionable clinical results within 72 hours, bypassing the need for invasive tissue biopsies. Biodesix operates as a high-growth niche player in the precision oncology space, supported by expanding Medicare coverage and clinical adoption.

Key Financial Metrics

Price$22.86
Market Cap$223M
P/E (Forward)-4.81
Price/Book24.43
Return on Equity-540.0%
Return on Invested Capital-28.1%
Debt/Equity7.85x
Gross Margin82.5%
Operating Margin-20.0%
Revenue Growth34.2%
Free Cash Flow$-20M

Biodesix, Inc. operates in the Diagnostics & Research industry, part of the Healthcare sector (United States).

Frequently Asked Questions

What is Biodesix, Inc.’s (BDSX) StockRank?
MoatMap’s StockRank for Biodesix, Inc. (BDSX) is 31/100, with a Sell signal. It is a composite of Quality (35), Value (26), and Momentum (59), each scored against its sector. The composite is then ranked across MoatMap’s universe of 24,000+ stocks.
Does Biodesix, Inc. have an economic moat?
Biodesix, Inc. (BDSX) has a Quality factor score of 35/100. The Quality factor combines ROIC, Piotroski F-Score, and leverage: the financial fingerprints of a durable competitive advantage. A Quality score above 70 typically indicates a company with the characteristics of a moated business.
Is Biodesix, Inc. a buy, hold, or sell?
MoatMap’s current signal for Biodesix, Inc. (BDSX) is Sell, based on a StockRank of 31/100. Signals are derived mechanically from the StockRank composite and should be one input among many; combine with your own thesis on management, competitive position, and valuation.
What sector is Biodesix, Inc. in?
Biodesix, Inc. (BDSX) operates in the Healthcare sector, specifically the Diagnostics & Research industry (United States).