BTIG Reiterates Buy Rating on SOPHiA GENETICS
BTIG analyst Mark Massaro maintains confidence in SOPHiA GENETICS with an $8 price target.
Key Points
- BTIG analyst Mark Massaro reiterated a buy rating for SOPHiA GENETICS on June 15, 2026, with a price target of $8.
- SOPHiA GENETICS, trading at $4.88, has a market cap of about $359.7 million and operates in the healthcare sector.
- Royce & Associates LP significantly increased their holdings in the company, raising their shares by 1,386,055 to a total of 1,816,312.
BTIG analyst Mark Massaro reiterated his buy rating for SOPHiA GENETICS SA (NasdaqGS: SOPH) on June 15, 2026. He maintained his price target at $8, signaling continued confidence in the company's growth prospects. SOPHiA GENETICS shares were trading around $4.88 following this announcement.
Other Institutional Activity in SOPHiA GENETICS
Royce & Associates LP made a notable move by adding 1,386,055 shares, bringing their total to 1,816,312 shares valued at approximately $8.99 million. Meanwhile, Soleus Capital Management, L.P. increased their position by 1,850,000 shares, now holding 1,850,000 shares worth about $9.16 million. Generation Investment Management LLP and Akre Capital Management LLC maintained their positions with 6,789,560 shares and 3,719,140 shares, respectively.
SOPHiA GENETICS Stock Snapshot
Shares of SOPHiA GENETICS (NasdaqGS: SOPH) traded near $4.88. The company has a market cap of approximately $359.7 million. While it isn't currently profitable, with no meaningful P/E ratio, it has a forward P/E of -8.95. The stock's 52-week range is between $2.59 and $5.70, with a beta of 0.985. The 50-day moving average stands at $4.99, while the 200-day moving average is $4.64.
Recent Earnings
SOPHiA GENETICS reported revenue of $81.18 million, reflecting a growth rate of 22%. However, the company posted a net margin of -99.7% and a return on equity of -123.3%. The next earnings report is anticipated on August 4, 2026.
Insider Buying and Selling at SOPHiA GENETICS SA
Recent insider transactions include Chief Financial Officer George Cardoza purchasing 20,000 shares at $4.95 each on June 5, 2026. Meanwhile, Chief Executive Officer Jurgi Camblong sold 8,500 shares at $5.24 on June 10, 2026, under a planned sale.
Analysts Set New Price Targets
On June 15, 2026, BTIG reiterated its buy rating for SOPHiA GENETICS, maintaining a price target of $8. The consensus among analysts is a buy rating with a mean target price of $8, supported by three analyst opinions.
About SOPHiA GENETICS
SOPHiA GENETICS SA is a healthcare technology company based in Rolle, Switzerland. It provides a cloud-native software platform called SOPHiA DDM, which helps analyze and interpret complex data sets in the medical field. The company works with hospitals, labs, and biopharmaceutical firms worldwide. Dr. Jurgi Camblong leads the company as CEO.
Bottom Line
BTIG's reiteration of a buy rating for SOPHiA GENETICS reflects ongoing confidence in the company's potential. Investors often track such ratings for insights into stock performance. However, it's important to remember that analyst ratings are based on past data and projections, and actual results may differ.
See Also
This instant news alert was generated by automated narrative technology and financial data from EarningsIQ and public regulatory filings. It is for informational purposes only and is not financial advice.