Natera Inc NTRA Stock Analysis
- Nasdaq
- Stock
- Market closed · opens Monday 9:30 AM ET
$310.67 down $53.09, 14.59% at close Nov 6
Last close · Previous close $363.76
- Market cap
- $44.78BAt the Nov 6 close
- P/E ratio
- n/mLoss over last 12 months
- Diluted EPS
- −$1.13Last 12 months
- Dividend yield
- NoneLast 12 months
Price chart
$310.67down $53.09, 14.59%Fri, Nov 6 session
Use the left and right arrow keys to move along the chart.
Price data
Trading
- Previous close$363.76Nov 5
- Volume5.78MNov 6 session
Shares traded on all US exchanges in the last completed session. Live intraday volume covers IEX only, so it is left out.
- Avg. volume1.90MLast 21 sessions
The average daily shares traded over the last 21 trading sessions, about one calendar month.
- 52-week range: $181.00 to $437.41; now $310.67
The lowest and highest trades over the past 52 weeks, adjusted for splits. The marker shows the latest price.
Member SIPC.Low CommissionsLearn More (opens in a new tab)Sponsored. Affiliate link: I may earn a commission. The inclusion of Interactive Brokers’ (IBKR) name, logo or weblink is present pursuant to an advertising arrangement only. IBKR is not a contributor, reviewer, provider or sponsor of content published on this site, and is not responsible for the accuracy of any products or services discussed.
Performance
Past performance, measured to the Nov 6 close. Total return includes reinvested dividends.Price change only, without dividends. Compared with the S&P 500, using SPY.
NTRA beat the S&P 500 in 6 of 7 periods.
| Period | NTRA and S&P 500 | vs S&P 500 |
|---|---|---|
| Short term | ||
| 1M | NTRA: down 22.5% S&P 500: down 5.6% | NTRA trailed the S&P 500 by 16.9 percentage points Trailed |
| 3M | NTRA: up 17.1% S&P 500: down 4.1% | NTRA beat the S&P 500 by 21.2 percentage points Beat |
| YTD | NTRA: up 35.6% S&P 500: up 8.7% | NTRA beat the S&P 500 by 26.9 percentage points Beat |
| 1Y | NTRA: up 56.5% S&P 500: up 10.9% | NTRA beat the S&P 500 by 45.6 percentage points Beat |
| Long term | ||
| 3Y | NTRA: up 620.8% S&P 500: up 75.0% +93.2% vs +20.5% a year | NTRA beat the S&P 500 by 545.8 percentage points Beat |
| 5Y | NTRA: up 167.9% S&P 500: up 67.8% +21.8% vs +10.9% a year | NTRA beat the S&P 500 by 100.1 percentage points Beat |
| 10Y | NTRA: up 3,576.6% S&P 500: up 313.1% +43.4% vs +15.2% a year | NTRA beat the S&P 500 by 3,263.5 percentage points Beat |
$10,000 invested in NTRA 10 years ago (Nov 4, 2016) would be worth about $367,657 at the close on , with dividends reinvested. The same amount in the S&P 500 would be worth about $41,313.
NTRA beat the S&P 500 in 6 of 7 periods.
| Period | NTRA and S&P 500 | vs S&P 500 |
|---|---|---|
| Short term | ||
| 1M | NTRA: down 22.5% S&P 500: down 5.6% | NTRA trailed the S&P 500 by 16.9 percentage points Trailed |
| 3M | NTRA: up 17.1% S&P 500: down 4.3% | NTRA beat the S&P 500 by 21.4 percentage points Beat |
| YTD | NTRA: up 35.6% S&P 500: up 7.8% | NTRA beat the S&P 500 by 27.8 percentage points Beat |
| 1Y | NTRA: up 56.5% S&P 500: up 9.7% | NTRA beat the S&P 500 by 46.8 percentage points Beat |
| Long term | ||
| 3Y | NTRA: up 620.8% S&P 500: up 68.8% +93.2% vs +19.1% a year | NTRA beat the S&P 500 by 552.0 percentage points Beat |
| 5Y | NTRA: up 167.9% S&P 500: up 56.9% +21.8% vs +9.4% a year | NTRA beat the S&P 500 by 111.0 percentage points Beat |
| 10Y | NTRA: up 3,576.6% S&P 500: up 252.6% +43.4% vs +13.4% a year | NTRA beat the S&P 500 by 3,324.0 percentage points Beat |
$10,000 invested in NTRA 10 years ago (Nov 4, 2016) would be worth about $367,657 at the close on , not counting dividends. The same amount in the S&P 500 would be worth about $35,257.
All-time high
$436.00
Closing high on . Now 28.7% below that record.
Split-adjusted daily closes since Jul 2, 2015.
Stock splits
NTRA hasn’t split since its price history begins in 2015.
Valuation
The Nov 6 close compared with the last 12 months of reported results (the four quarters to Sep 30, 2026). Tap a metric to see how it’s calculated.
Price-to-earnings (P/E)
n/mDiluted EPS of −$1.13 over the last 12 months
A P/E ratio isn’t meaningful while earnings over the last 12 months are negative. How to read P/E
Other valuation measures
- 15.4×Last 12 months’ revenue
Market value divided by revenue over the last 12 months. Useful when earnings are small or negative.
P/S = Market cap ÷ Revenue (last 12 months)Price-to-sales ratio - 24.0×Book value as of Sep 30, 2026
Price relative to accounting equity (book value) per share on the Sep 30, 2026 balance sheet. Asset-light companies often trade far above book value.
P/B = Price ÷ Book value per sharePrice-to-book ratio - 0.12%Last 12 months’ free cash flow
Free cash flow over the last 12 months as a share of the company’s market value: the cash the business generated for each dollar of stock.
FCF yield = Free cash flow (last 12 months) ÷ Market capFree cash flow - $43.91BAt the Nov 6 close
What it would cost to buy the whole business: the market cap at the Nov 6 close, plus debt, minus cash and short-term investments from the Sep 30, 2026 balance sheet.
EV = Market cap + Debt − Cash and short-term investmentsEV/EBITDA explained
Build your own NTRA DCF in Excel. Value Natera with your own growth and margin assumptions.Browse DCF models Free DCF calculator
Financials
Reported results, not forecasts. From company filings via Tiingo; the latest report is Q3 FY26, the quarter ended Sep 30, 2026. “Last 12 months” means the four quarters from Oct 1, 2025 to Sep 30, 2026, and balance-sheet figures are as of Sep 30, 2026.
Revenue and net income
Last 12 months, with the change from the 12 months before
- Revenue
- $2.91Bup 37.4%
- Net income
- −$164.71M
- Diluted EPS
- −$1.13
Data table
| Period | Revenue | Net income | Diluted EPS |
|---|---|---|---|
| Q4 FY24 (Dec 31, 2024) | $476.06M | −$53.77M | −$0.41 |
| Q1 FY25 (Mar 31, 2025) | $501.83M | −$66.94M | −$0.50 |
| Q2 FY25 (Jun 30, 2025) | $546.60M | −$100.94M | −$0.74 |
| Q3 FY25 (Sep 30, 2025) | $592.18M | −$87.54M | −$0.64 |
| Q4 FY25 (Dec 31, 2025) | $665.50M | $47.26M | $0.36 |
| Q1 FY26 (Mar 31, 2026) | $696.64M | −$85.09M | −$0.60 |
| Q2 FY26 (Jun 30, 2026) | $752.75M | −$66.97M | −$0.47 |
| Q3 FY26 (Sep 30, 2026) | $793.98M | −$59.91M | −$0.42 |
| Period | Revenue | Net income | Diluted EPS |
|---|---|---|---|
| FY21 (Dec 31, 2021) | $625.49M | −$471.72M | −$5.21 |
| FY22 (Dec 31, 2022) | $820.22M | −$547.80M | −$5.57 |
| FY23 (Dec 31, 2023) | $1.08B | −$434.80M | −$3.78 |
| FY24 (Dec 31, 2024) | $1.70B | −$190.43M | −$1.53 |
| FY25 (Dec 31, 2025) | $2.31B | −$208.16M | −$1.52 |
Margins
- Gross 65.1%
- Operating −9.0%
- Net −5.7%
The percentages above the chart cover the last 12 months; the lines show each quarter. What margins tell you
Cash flow
- $52.47MLast 12 months
Cash from operations minus capital spending: the cash left after the business maintains and grows its assets.
FCF = Operating cash flow − Capital spendingFree cash flow - Operating cash flow$212.78MLast 12 months
- Capital spending$160.32MLast 12 months
- 1.8%Last 12 months
Free cash flow as a share of revenue, both over the last 12 months.
Shareholder returns
- $54.47MLast 12 months
Cash spent repurchasing shares, net of shares issued. Buybacks shrink the share count, so each remaining share owns more of the company.
- Dividends paid$0.00Last 12 months
- Total returned$0.00Last 12 months
0% of free cash flow
Balance sheet
- $1.10BAs of Sep 30, 2026
Cash plus short- and long-term marketable securities on the Sep 30, 2026 balance sheet.
- Total debt$222.91MAs of Sep 30, 2026
- Net cash$874.28MAs of Sep 30, 2026
- 2.81As of Sep 30, 2026
Current assets divided by current liabilities on the Sep 30, 2026 balance sheet. Above 1 means short-term assets cover the bills due within a year.
Current ratio = Current assets ÷ Current liabilitiesCurrent ratio - 0.12As of Sep 30, 2026
Total debt divided by shareholders’ equity on the Sep 30, 2026 balance sheet: a measure of financial leverage.
D/E = Total debt ÷ Shareholders’ equityDebt-to-equity ratio
Financial strength
- 5 of 9Last 12 months
vs the 12 beforeA 0–9 checklist from accounting professor Joseph Piotroski. Each test compares the last 12 months with the 12 months before and scores a point if it passes. 8–9 is strong; 0–2 is weak.
- ✗Net income was positive: not passed
- ✓Operating cash flow was positive: passed
- ✓Return on assets improved: passed
- ✓Operating cash flow exceeded net income: passed
- ✗Long-term debt fell relative to assets: not passed
- ✗Current ratio improved: not passed
- ✗Share count didn’t rise: not passed
- ✓Gross margin improved: passed
- ✓Asset turnover (revenue ÷ assets) improved: passed
- −9.2%Last 12 months
Over the last 12 months, Natera lost money: its net loss was 9.2% of its shareholders’ equity (averaged over the last four quarter-ends). It describes the past year, not an expected return.
ROE = Net income (last 12 months) ÷ Average equityReturn on equity - −6.3%Last 12 months
Over the last 12 months, Natera’s net loss was 6.3% of its total assets (averaged over the last four quarter-ends).
ROA = Net income (last 12 months) ÷ Average total assets
About Natera Inc
Natera™ is a global leader in cell-free DNA and genetic testing, dedicated to oncology, women’s health, and organ health. We aim to make personalized genetic testing and diagnostics part of the standard-of-care to protect health and inform earlier, more targeted interventions that help lead to longer, healthier lives. Natera’s tests are supported by more than 300 peer-reviewed publications that demonstrate excellent performance. Natera operates ISO 13485-certified and CAP-accredited laboratories certified under the Clinical Laboratory Improvement Amendments (CLIA) in Austin, Texas, and San Carlos, California.
- Sector
- Healthcare
- Industry
- Diagnostics & Research
- Headquarters
- California, USA
- SEC filings
- EDGAR (opens in a new tab)
- Exchange
- Nasdaq
- Asset type
- Common stock
- Price history since
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NTRA stock FAQ
What is NTRA stock’s price today?
Natera (NTRA) traded at $310.67 at the close on , down $53.09 (14.59%) from the previous close of $363.76. Over the past 52 weeks it has traded between $181.00 and $437.41.
If you invested $1,000 in NTRA 10 years ago, how much would you have now?
With dividends reinvested, $1,000 invested in NTRA on would be worth about $36,766 at the close on , a total return of +3,576.6%. The same $1,000 would be worth $2,679 if invested five years ago and $1,565 if invested one year ago. Past performance doesn’t predict future returns.
What is Natera’s market cap?
Natera’s market capitalization is about $44.8 billion. That’s Tiingo’s daily market cap for , at that day’s closing price of $310.67 (how market cap works). Natera reported 144.14M shares outstanding at the end of its latest quarter ().
What is NTRA’s P/E ratio?
NTRA’s P/E ratio isn’t meaningful right now because its earnings over the four quarters to are negative (diluted EPS of −$1.13).
How much revenue does Natera make?
Natera reported $2.9 billion of revenue over the four quarters to , up 37.4% from the twelve months before. In its latest quarter (Q3 FY26, ended ) revenue was $794.0 million, up 34.1% from a year earlier.
Is Natera profitable?
Not over the four quarters to . Natera reported a net loss of $164.7 million across those four quarters on $2.9 billion of revenue.
What are NTRA’s earnings per share?
NTRA’s diluted earnings per share were −$1.13 over the four quarters to , compared with −$2.29 in the twelve months before. The latest quarter (Q3 FY26) brought −$0.42 per share, against −$0.64 a year earlier (how EPS works).
Does NTRA pay a dividend?
Natera hasn’t paid a dividend in the last twelve months.
What is NTRA’s 52-week high and low?
Over the past 52 weeks NTRA has traded as low as $181.00 and as high as $437.41. At $310.67 at the close on , it is 29.0% below that high and 71.6% above the low.
What is NTRA’s all-time high?
NTRA’s highest closing price was $436.00 on , adjusted for stock splits. At $310.67 at the close on , it is 28.7% below that record.
Has NTRA stock ever split?
No. NTRA hasn’t split since its price history begins in 2015.
How has NTRA stock performed?
Including dividends and measured to the close on , NTRA has returned +35.6% so far this year and +56.5% over the past year, and +167.9% over five years (+21.8% a year). Over the same periods the S&P 500, measured by SPY, returned +8.7%, +10.9% and +67.8%. Past performance doesn’t predict future returns.
What sector and industry is Natera in?
Natera is in the Healthcare sector and the Diagnostics & Research industry, and is headquartered in California, USA.
What exchange does NTRA trade on?
Natera trades on the Nasdaq under the ticker symbol NTRA. Its price history on this dashboard begins on .
Member SIPC.Low CommissionsLearn More (opens in a new tab)Sponsored. Affiliate link: I may earn a commission. The inclusion of Interactive Brokers’ (IBKR) name, logo or weblink is present pursuant to an advertising arrangement only. IBKR is not a contributor, reviewer, provider or sponsor of content published on this site, and is not responsible for the accuracy of any products or services discussed.
About this data. Data sourced by Tiingo (opens in a new tab). The live price is Tiingo’s real-time price, based on IEX trades and quotes; intraday charts show IEX trades, and volume figures are consolidated totals for completed sessions. Prices are split-adjusted, and total returns assume dividends are reinvested. Financials come from company filings and can lag new reports. Times are Eastern.
This page is for education, not investment advice. Past performance doesn't predict future returns. Logos provided by Logo.dev (opens in a new tab).
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