Lucid Diagnostics Secures VA Contract for EsoGuard Test
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 21 Jan 26
Lucid Diagnostics Inc. saw a significant price increase of 29.34% as it crossed above its 5-day SMA, following the announcement of a contract with the U.S. Department of Veterans Affairs to provide the EsoGuard Esophageal DNA Test. This contract is expected to expand early cancer screening services to 9 million veterans, significantly enhancing the company's market share in cancer prevention. The collaboration with the VA not only improves accessibility to EsoGuard but also positions Lucid for future partnerships with other healthcare systems, showcasing its strategic growth potential in early cancer detection.
Analyst Views on LUCD
Wall Street analysts forecast LUCD stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for LUCD is 4.05 USD with a low forecast of 3.00 USD and a high forecast of 8.25 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
5 Analyst Rating
5 Buy
0 Hold
0 Sell
Strong Buy
Current: 1.140
Low
3.00
Averages
4.05
High
8.25
Current: 1.140
Low
3.00
Averages
4.05
High
8.25
About LUCD
Lucid Diagnostics Inc. is a commercial-stage medical diagnostics technology company. The Company is focused on patients with gastroesophageal reflux disease (GERD), also known as chronic heartburn, acid reflux or simply reflux, that leads to esophageal precancer and cancer, specifically highly lethal esophageal adenocarcinoma (EAC). The Company’s products include EsoGuard and EsoCheck. EsoGuard is a bisulfite-converted next generation sequencing (NGS) DNA assay performed on surface esophageal cells collected with EsoCheck. EsoCheck is a noninvasive swallowable balloon capsule catheter device capable of sampling surface esophageal cells in office procedures. It consists of a vitamin pill-sized rigid plastic capsule tethered to a thin silicone catheter from which a soft silicone balloon with textured ridges emerges to swab surface esophageal cells. It is also developing EsoCure, is an Esophageal Ablation Device, which is a technology that allows a clinician to treat dysplastic BE.
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.
