Quantedge Capital Increases Stake in 10x Genomics
Written by Emily J. Thompson, Senior Investment Analyst
Updated: May 12 2026
0mins
Source: Fool
- Stake Increase: On May 12, 2026, Quantedge Capital disclosed in an SEC filing that it purchased 212,600 shares of 10x Genomics, valued at approximately $4.25 million, indicating confidence in the company's growth prospects.
- Value Growth: The recent stake increase resulted in a $5.52 million rise in the value of 10x Genomics' position at quarter-end, reflecting both the addition of shares and market price changes, thereby boosting investor confidence in its market performance.
- Financial Performance: Although 10x Genomics reported a 3% year-over-year decline in first-quarter revenue to $150.8 million, excluding one-time litigation revenue, actual sales grew by 9%, demonstrating strong market demand for its products.
- Product Innovation: The recent launch of the Atera platform, described as the most significant product introduction in the company's history, aims to advance spatial whole-transcriptome analysis, potentially laying the groundwork for AI-driven biological modeling and precision medicine.
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Analyst Views on TXG
Wall Street analysts forecast TXG stock price to fall
10 Analyst Rating
4 Buy
6 Hold
0 Sell
Moderate Buy
Current: 27.990
Low
9.00
Averages
13.00
High
18.00
Current: 27.990
Low
9.00
Averages
13.00
High
18.00
About TXG
10x Genomics, Inc. is a life science technology company. The Company's integrated solutions include instruments, consumables and software for single cell and spatial biology systems. Its single cell portfolio, powered by Chromium platform, includes its Chromium X Series, Chromium Connect and legacy Chromium Controller instruments, microfluidic chips and related consumables, which enables throughput analysis of individual biological components. Its Visium platform enables researchers to understand the spatial positions of biological analytes within tissues at high resolution. Its Xenium platform for in situ analysis is designed to give scientists the ability to not only locate and type cells in their tissue context. Its products include Chromium Single Cell Gene Expression, Chromium Single Cell Gene Expression Flex, Chromium Single Cell Immune Profiling, Chromium Single Cell assay for transposase accessible chromatin (ATAC), Visium Spatial Gene Expression, and others.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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- Investment Scale: The company expects to invest about $18 million in the Los Reyes project in 2026, with the majority allocated to exploration and drilling, and the remainder earmarked for completing the preliminary economic assessment (PEA) and commencing feasibility studies, reflecting strong confidence in the project.
- Community Engagement: Torex has established long-term agreements with local communities and engaged with key stakeholders in state and federal governments to secure permits for the 2026 drilling program, demonstrating a commitment to social responsibility and compliance in project advancement.
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- Stock Volatility: The company's shares fell 5.3% in the afternoon session, closing at $21.61, down 3.6% from the previous close, reflecting investor caution regarding the company's growth potential in the near term.
- Market Reaction: With over 54 moves greater than 5% in the past year, today's decline indicates that the market considers this news significant, yet it does not fundamentally alter perceptions of the business.
- Long-term Investment Returns: Despite a 29.9% increase year-to-date, the stock is still trading 17.2% below its 52-week high, indicating poor returns for long-term investors, as those who invested $1,000 five years ago would now see only $160.12.
See More
Quantedge Capital Increases Stake in 10x Genomics
- Stake Increase: On May 12, 2026, Quantedge Capital disclosed in an SEC filing that it purchased 212,600 shares of 10x Genomics, valued at approximately $4.25 million, indicating confidence in the company's growth prospects.
- Value Growth: The recent stake increase resulted in a $5.52 million rise in the value of 10x Genomics' position at quarter-end, reflecting both the addition of shares and market price changes, thereby boosting investor confidence in its market performance.
- Financial Performance: Although 10x Genomics reported a 3% year-over-year decline in first-quarter revenue to $150.8 million, excluding one-time litigation revenue, actual sales grew by 9%, demonstrating strong market demand for its products.
- Product Innovation: The recent launch of the Atera platform, described as the most significant product introduction in the company's history, aims to advance spatial whole-transcriptome analysis, potentially laying the groundwork for AI-driven biological modeling and precision medicine.
See More
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See More
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- Wide Applications: Atera supports spatial studies on both fresh-frozen and FFPE tissues, catering to diverse needs in discovery and translational research, helping institutions gain deeper insights into tumor microenvironments.
- High-Throughput Demand: Leading life sciences organizations have committed to utilizing Atera at scale, reflecting strong demand for high-throughput and high-sensitivity spatial analysis, driving progress in biopharma and translational research.
- Data Analysis Platform: 10x has also introduced a new cloud analysis platform to securely store and analyze spatial datasets, combining GPU-accelerated analysis to significantly enhance biologists' efficiency in deriving insights from raw data.
See More
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- Platform Innovation: 10x Genomics has launched the Atera platform, which enables whole-transcriptome spatial analysis with single-cell sensitivity, marking a fundamental shift in biological analysis that is expected to advance medical research significantly.
- Wide Applications: Atera supports large-scale spatial studies across both fresh-frozen and FFPE tissues, catering to diverse needs in discovery and translational research, thereby enhancing the depth and breadth of scientific inquiry.
- Clinical Data Showcase: Data from the June Lab at the University of Pennsylvania presented at the AACR 2026 highlighted Atera's application in tumor microenvironment studies, revealing the complexities of tumor dynamics post-CAR T cell therapy.
- Strong Market Demand: Leading life sciences organizations and research institutions have committed to utilizing Atera at scale, reflecting a robust demand for high-throughput, high-sensitivity spatial analysis that drives advancements in biopharma and translational research.
See More
Torex Gold Restarts Drilling at Los Reyes Project
- Drilling Program Restart: Torex Gold has restarted drilling at the Los Reyes project in Sinaloa, Mexico, planning to drill approximately 20,000 meters in 2026, aimed at de-risking and upgrading mineral resources while supporting future economic studies.
- Investment Scale: The company expects to invest about $18 million in the Los Reyes project in 2026, with the majority allocated to exploration and drilling, and the remainder earmarked for completing the preliminary economic assessment (PEA) and commencing feasibility studies, reflecting strong confidence in the project.
- Community Engagement: Torex has established long-term agreements with local communities and engaged with key stakeholders in state and federal governments to secure permits for the 2026 drilling program, demonstrating a commitment to social responsibility and compliance in project advancement.
- Strategic Objectives: Torex's strategic goals include optimizing production and costs at Morelos, driving resource growth, and becoming an industry leader in responsible mining, with the success of the Los Reyes project expected to create significant value for shareholders.
See More
10x Genomics Q1 Results Beat Expectations but Shares Drop
- Earnings Beat: 10x Genomics reported Q1 revenue of $150.8 million, a 2.6% year-over-year decline that, while exceeding Wall Street expectations, failed to boost investor sentiment, highlighting concerns about future growth prospects.
- Stock Volatility: The company's shares fell 5.3% in the afternoon session, closing at $21.61, down 3.6% from the previous close, reflecting investor caution regarding the company's growth potential in the near term.
- Market Reaction: With over 54 moves greater than 5% in the past year, today's decline indicates that the market considers this news significant, yet it does not fundamentally alter perceptions of the business.
- Long-term Investment Returns: Despite a 29.9% increase year-to-date, the stock is still trading 17.2% below its 52-week high, indicating poor returns for long-term investors, as those who invested $1,000 five years ago would now see only $160.12.
See More
Quantedge Capital Increases Stake in 10x Genomics
- Stake Increase: On May 12, 2026, Quantedge Capital disclosed in an SEC filing that it purchased 212,600 shares of 10x Genomics, valued at approximately $4.25 million, indicating confidence in the company's growth prospects.
- Value Growth: The recent stake increase resulted in a $5.52 million rise in the value of 10x Genomics' position at quarter-end, reflecting both the addition of shares and market price changes, thereby boosting investor confidence in its market performance.
- Financial Performance: Although 10x Genomics reported a 3% year-over-year decline in first-quarter revenue to $150.8 million, excluding one-time litigation revenue, actual sales grew by 9%, demonstrating strong market demand for its products.
- Product Innovation: The recent launch of the Atera platform, described as the most significant product introduction in the company's history, aims to advance spatial whole-transcriptome analysis, potentially laying the groundwork for AI-driven biological modeling and precision medicine.
See More
Torex Gold Resources Sees Major Earnings Upgrade
- Revenue Forecast Upgrade: The analyst raised Torex Gold Resources' 2026 revenue forecast from $2.0 billion to $2.3 billion, anticipating a significant 35% annual growth rate, which is a stark improvement over the historical 9.7% growth rate, indicating a strong enhancement in business fundamentals and future growth potential.
- Earnings Per Share Surge: Expected earnings per share are projected to rise from $6.48 to $7.86, marking a 28% increase, which not only reflects improved profitability but also has the potential to attract more investor interest, thereby driving the stock price higher.
- Positive Market Sentiment: Over the past week, Torex Gold's stock has surged 17% to CA$65.29, showcasing investor confidence in the company's growth prospects, and the analyst's upgrade may further propel the stock price, enhancing market recognition.
- Competitive Industry Position: Torex Gold's projected growth rate significantly outpaces the 17% annual growth forecast for other companies in the same industry, highlighting its competitive advantage; the analyst's optimistic outlook may draw more investor attention, bolstering its market position.
See More
10x Genomics Launches Atera Platform for Spatial Biology
- Platform Innovation: 10x Genomics has launched the Atera platform, which enables whole-transcriptome spatial analysis with single-cell sensitivity, marking a fundamental shift in biological analysis that is expected to advance medical research.
- Wide Applications: Atera supports spatial studies on both fresh-frozen and FFPE tissues, catering to diverse needs in discovery and translational research, helping institutions gain deeper insights into tumor microenvironments.
- High-Throughput Demand: Leading life sciences organizations have committed to utilizing Atera at scale, reflecting strong demand for high-throughput and high-sensitivity spatial analysis, driving progress in biopharma and translational research.
- Data Analysis Platform: 10x has also introduced a new cloud analysis platform to securely store and analyze spatial datasets, combining GPU-accelerated analysis to significantly enhance biologists' efficiency in deriving insights from raw data.
See More
10x Genomics Launches Atera Platform to Advance Spatial Biology
- Platform Innovation: 10x Genomics has launched the Atera platform, which enables whole-transcriptome spatial analysis with single-cell sensitivity, marking a fundamental shift in biological analysis that is expected to advance medical research significantly.
- Wide Applications: Atera supports large-scale spatial studies across both fresh-frozen and FFPE tissues, catering to diverse needs in discovery and translational research, thereby enhancing the depth and breadth of scientific inquiry.
- Clinical Data Showcase: Data from the June Lab at the University of Pennsylvania presented at the AACR 2026 highlighted Atera's application in tumor microenvironment studies, revealing the complexities of tumor dynamics post-CAR T cell therapy.
- Strong Market Demand: Leading life sciences organizations and research institutions have committed to utilizing Atera at scale, reflecting a robust demand for high-throughput, high-sensitivity spatial analysis that drives advancements in biopharma and translational research.
See More
