DXCMhealthcarenasdaqgsupdated 10:10:38 AM

DexCom Inc. logoDexCom Inc.

DexCom Inc. (DXCM) is a healthcare company operating in medical devices. Valuation and momentum can move with trial outcomes, regulatory news, and reimbursement shifts. This analysis page tracks valuation context, trend strength, and downside risk over time.

Price

$84.30

+1.09% today

Risk

Medium

23.0% vol · 30d

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Key facts, as of

As of October 8, 2026, DexCom Inc. (DXCM) trades at $84.30, up 27.7% over the past year. Its 52-week range runs from $54.11 to $92.59; the price is 9.0% below that high. It is 48.9% below its all-time high of $164.86, reached in November 2021. Over the 10 years to the end of September 2026, with dividends reinvested, it returned +293.7%, against +312.9% for the S&P 500 (SPY). It sits 15.0% above its 200-day average of $73.33, the usual sign of a long-term uptrend. Its 30-day volatility is 23.0% annualized, which we rate medium risk. It has a trailing P/E of 33.5.

Cite: Portfolio Terminal, "DexCom Inc. (DXCM) stock analysis", 2026-10-08. https://portfolio-terminal.com/analyse/dxcm

01Market

Where it trades today

Market cap

$31.81B

Price / earnings

33.5x

Beta

1.48

swings more than the market

Dividend yield

none

Volume

2.86M

avg 4.47M

50-day average

$87.07

200-day average

$73.33

30-day trend

neutral

52-week range9.0% below the high
low $54.11$84.30high $92.59

trading 78% of the way up its 52-week range

02Price

How the price has moved

30-day price-0.27%
30 days ago$84.53 → $84.30today
1-year performance+29.5%
$63$75$86OctNovDecJanFebMarAprMayJunJulAugSep
DXCM · 52 weeks$65.12 → $84.30
03History

How far it is from its record

All-time high

$164.86

Nov 2021, intraday

From the high

−48.9%

+95.6% to regain it

History from

Apr 2005

monthly, Yahoo Finance

10 years

+293.7%

SPY +312.9%

DexCom Inc. (DXCM) is 48.9% below its all-time high of $164.86, reached in November 2021. Over the 10 years to the end of September 2026, with dividends reinvested, it returned +293.7%, against +312.9% for the S&P 500 (SPY).

DXCM since Apr 2005−48.9% from the high
$42$128$84.30$164.86 · Nov 202120102020
Month-end closes, split-adjusted · dashed: today
04Decision

What to weigh before acting

decision support3 sources

What Matters Now

  • The read on the stock is often driven by pipeline durability, reimbursement pressure, and whether new launches can offset patent cliffs.
  • DXCM trades at 33.5x earnings, well above the healthcare average of 22.0x, so the market is already pricing in above-consensus execution.
  • DXCM carries a beta of 1.48, which means the stock should be judged on how it affects total portfolio swings, not just on standalone upside.
  • Relative performance versus UNH, JNJ, PFE matters here because leadership inside healthcare rarely stays static for long.

Portfolio Use Case

  • DXCM is more useful for investors comparing conviction names inside healthcare than for someone looking for a passive “set and forget” holding.
  • This name works better as a satellite or higher-conviction growth position because it can amplify market swings in both directions.
  • The stock becomes more useful when paired with an explicit catalyst watchlist, because sector sentiment can shift quickly around policy, rates, or pipeline news.

What Would Change the View

  • A reset in earnings expectations or a faster peer catch-up could compress the premium valuation currently embedded in DXCM.
  • Volatility is already above the sector norm, so even a correct long-term thesis can be painful if the position size is too aggressive.
  • There is little income cushion here, so total return depends mainly on price appreciation and execution staying on track.

Methodology

  • Price, market cap, beta, yield, and liquidity fields for DXCM come from Yahoo Finance quote and summary data.
  • 30-day volatility is calculated from recent daily returns and annualized using a 252-trading-day convention.
  • Sector context uses stored benchmark averages for Healthcare so each page compares the ticker against a stable peer baseline rather than against the whole market.
  • Peer comparisons use the Portfolio Terminal coverage set and highlight nearby listed alternatives such as UNH, JNJ, PFE.

Sources

  • Yahoo Finance quote dataopen →

    Live quote, valuation, beta, yield, and volume fields used for DXCM. Last refresh: Oct 8, 2026, 10:10 AM.

  • Portfolio Terminal methodologyopen →

    Explains how analytics, refresh cadence, and portfolio interpretation work across the product.

  • Peer set and coverage context

    Comparative context for this page is anchored around nearby tracked names such as UNH, JNJ, PFE.

Editorial note · Written by Portfolio Terminal Research. Template updated 3/24/2026, market data refreshed 10/8/2026, 10:10:38 AM. Built for research and portfolio monitoring, not personalized investment advice.
05About

What DexCom Inc. does

profile

DexCom, Inc., a medical device company, focuses on the design, development, and commercialization of continuous glucose monitoring (CGM) systems for the management of diabetes and metabolic health in the United States and internationally. The company offers Dexcom G7 and G7 15 Day, an integrated continuous glucose monitoring system; Dexcom G6, a CGM system; Dexcom ONE+ to replace fingerstick blood glucose testing for diabetes treatment decisions; Stelo, a biosensor designed for adults with prediabetes and Type 2 diabetes who do not use insulin; Dexcom Share, a remote monitoring system; and Dexcom Follow application. It markets its products directly to endocrinologists, physicians, and…

Employees

11,000

Industry

Medical Devices

Headquarters

San Diego, United States

06Analyst Consensus

What analysts expect

DXCM carries a strong buy consensus from 26 analysts, with an average price target of $96.23 versus $84.30 today (+14.2%). Targets are estimates and can move quickly after earnings.

Consensus

Strong Buy

Average target

$96.23

$79.00 to $115.00

Upside to target

+14.2%

Analysts covering

26

Consensus aggregated by Yahoo Finance. Targets are estimates, not forecasts.

07Financial Strength

How the business is doing

DXCM generated $4.97B in trailing revenue (13.1% year over year), with a 20.1% net margin, and $1.02B of free cash flow, supported by $548.60M of net cash.

Revenue (TTM)

$4.97B

Net margin

20.1%

Revenue growth

13.1%

Free cash flow

$1.02B

Gross margin

62.5%

Operating margin

24.3%

Return on equity

38.5%

Total cash

$1.95B

Total debt

$1.40B

Earnings growth

43.6%

08Annual Financials

The numbers, year by year

annual financials4 years
Fiscal yearRevenueGross profitOperating incomeNet incomeEPSFree cash flow
2025$4.66B$2.80B$911.80M$836.30M$2.14$1.08B
2024$4.03B$2.44B$600.00M$576.20M$1.46$630.70M
2023$3.62B$2.29B$597.70M$541.50M$1.40$511.90M
2022$2.91B$1.88B$391.20M$341.20M$0.88$304.70M
Company filings via Yahoo Finance. Refreshed 10/8/2026.
09Next Earnings

When it reports next

Next report

Oct 29, 2026

EPS estimate

$0.67

Revenue estimate

$1.33B

Estimates aggregated by Yahoo Finance. Dates move and estimates change until the report lands.

10ETFs

Which ETFs hold it

DXCM is in 8 of the 30 ETFs we track. It weighs most in XLV: 0.53% of the fund, holding #37 of 62.

etfs holding it8 of 30 funds
XLV0.53%#37 of 62QQQ0.14%#99 of 101QQQM0.14%#98 of 102VUG0.12%#99 of 147VOO0.05%#284 of 505IVV0.05%#288 of 503SPY0.05%#289 of 504VTI0.05%#296 of 3,503
11Investors

Famous investors who hold it

DXCM is in the latest 13F of 2 of the 15 famous investors we follow. Renaissance Technologies (Founded by Jim Simons) holds the most of it: 0.15% of the portfolio, position #139 of 2,931, as of Q2 2026.

famous investors2 of 15 13F filers
Renaissance TechnologiesFounded by Jim Simons · Q2 20260.15%#139 of 2,931Ray DalioBridgewater Associates · Q2 20260.11%#151 of 992
SEC Form 13F, Q2 2026, filed August 13 to August 14, 2026. Long US positions only, 45 days after the quarter; shares, not options.Every investor we follow →
12Sector

How it sits in healthcare

Defensive sector including pharmaceuticals, biotech, medical devices, and healthcare services.

versus the sectorDXCM vs average
metricDXCMsectorverdict
price / earnings33.5x22.0x↑ 52%
beta1.480.85more volatile
dividend yield0.00%1.50%below average
30-day volatility23.0%22%higher risk
13Peers

The companies it competes with

DXCM beside the healthcare names it is usually measured against.

competitors4 companies
companypricemarket cap
DexCom Inc. logoDXCM$84.30$31.81B
UnitedHealth Group logoUNH$375.98$337.48BJohnson & Johnson logoJNJ$258.45$622.84BPfizer Inc. logoPFE$28.00$159.59B
Any row opens that company's own analysis.
14Technicals

What the chart is saying

Slipped under its 50-day average inside a longer uptrend.

weakening
dxcm · daily
50-day 87.07200-day 73.33resistancesupport
60.0070.007030RSI 14 · 43volR 92.46S 79.03S 75.2884.30MayJunJulAugSepOct
Daily candles · DXCMLevels are zones where the price turned at least twice in the last year. Last close $84.30 on 2026-10-07.

RSI (14)

43

neutral zone

vs 50-day

−3.2%

avg $87.07

vs 200-day

+15.0%

avg $73.33

From 1-year high

−9.0%

high $92.59 · 2026-08-24

levels and the read24% annualized vol · 30d
resistance$92.46turned here 2×+9.7%
support$79.03turned here 2×−6.3%
support$75.28turned here 3×−10.7%
  • Price is 3.2% below its 50-day average and 15.0% above its 200-day.
  • The 50-day crossed above the 200-day on 2026-06-29 (a “golden cross”).
  • RSI at 43 is neither stretched nor washed out.
  • The nearest ceiling is $92.46 (+9.7%), the nearest floor $79.03 (-6.3%).

A description of the chart, not advice. Indicators describe what the price has done; none of them knows what it does next.

15Questions

Questions people ask about it

questions9 answered

Is DXCM a good investment in 2026?

DexCom Inc. trades at a P/E ratio of 33.5, with medium volatility (23.0% annualized). The stock is in a consolidation phase.

What is the risk level of DXCM?

Based on 30-day volatility of 23.0%, DXCM has MEDIUM risk. Beta of 1.48 indicates higher sensitivity to market movements than average.

Does DXCM pay dividends?

DexCom Inc. currently does not pay a regular dividend.

How far is DXCM from its all-time high?

DexCom Inc. is 48.9% below its all-time high of $164.86, reached in November 2021. Over the 10 years to the end of September 2026, with dividends reinvested, it returned +293.7%, against +312.9% for the S&P 500 (SPY).

Which ETFs hold DXCM?

8 of the 30 popular ETFs we track hold DexCom Inc.. The largest weights: XLV (0.53%), QQQ (0.14%), QQQM (0.14%), VUG (0.12%) and VOO (0.05%). Measured on each issuer's full holdings file, dated August 31 to October 1, 2026.

How much of VOO is DXCM?

0.05%, as of August 31, 2026: DXCM is holding #284 of 505 in Vanguard's file for VOO. $1,000 in VOO puts about $0.53 in DexCom Inc..

Which famous investors own DXCM?

Renaissance Technologies (0.15% of Founded by Jim Simons's 13F) and Ray Dalio (0.11% of Bridgewater Associates's 13F), according to their latest Form 13F filings with the SEC (Q2 2026). A 13F lists US long positions 45 days after the quarter ends, so it can be out of date.

What is the analyst price target for DXCM?

The average analyst price target for DexCom Inc. (DXCM) is $96.23 based on 26 analyst estimates, about 14.2% above the current price of $84.30. The published range runs from $79.00 to $115.00.

How much revenue does DXCM generate?

DexCom Inc. reported $4.97B in trailing twelve-month revenue. Revenue growth is running at 13.1% year over year. Net margin sits at 20.1%. Figures are aggregated from company filings by Yahoo Finance and refresh on an hourly cadence.

Compare DXCM with anything

Five years side by side: what $10,000 became, how far each fell, whether they move together.

DexCom Inc. logo