Augmedix (AUGX)
NASDAQ:AUGX
US Market
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Augmedix (AUGX) Stock Price & Analysis

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AUGX Stock Chart & Stats


Bulls Say, Bears Say

Bulls Say
AcquisitionAugmedix announced a definitive agreement to be acquired by healthcare technology company, Commure, Inc. in an all cash transaction for $139M in equity or $2.35 per share.
Product MarginsAugmedix's Go and Go Assist have lower price points, but higher margins than the company's existing Live and Notes products.
Revenue ProjectionsThe partnership with HCA Healthcare is a key driver behind revenue projections.
Bears Say
Competitive RisksA combination of more competition, slowing decision-making and existing customers shifting to Augmedix's lower cost offerings is behind the company lowering its 2024 revenue guidance.
Customer ShiftLive customers can give a 90-day notification to switch to the lower-cost Augmedix Go Assist, expecting a bigger drop in revenue in 2H24.
Revenue GuidanceManagement lowered 2024 revenue guidance to $52.0M-$55.0M, from $60.0M-$62.0M, up 19.3% at the midpoint.
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Financials

Annual

Ownership Overview

0.00%4.93%0.00%91.95%
0.00% Other Institutional Investors
91.95% Public Companies and
Individual Investors

Risk Analysis

Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy

Website Traffic

Sorry, No Data Available
There is no website visitor data available for this stock.
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AUGX FAQ

What was Augmedix’s price range in the past 12 months?
Currently, no data Available
What is Augmedix’s market cap?
Currently, no data Available
When is Augmedix’s upcoming earnings report date?
The company’s upcoming earnings report date is not yet available.
How were Augmedix’s earnings last quarter?
Currently, no data Available
Is Augmedix overvalued?
According to Wall Street analysts Augmedix’s price is currently same. Get more investment ideas with TipRanks Premium
    Does Augmedix pay dividends?
    Augmedix does not currently pay dividends.
    What is Augmedix’s EPS estimate?
    Augmedix’s EPS estimate for its next earnings report is not yet available.
    How many shares outstanding does Augmedix have?
    Currently, no data Available
    What happened to Augmedix’s price movement after its last earnings report?
    Currently, no data Available
    Which hedge fund is a major shareholder of Augmedix?
    Among the largest hedge funds holding Augmedix’s share is Ardsley Advisory Partners. It holds Augmedix’s shares valued at N/A.
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      Company Description

      Augmedix

      Augmedix Inc humanizes the clinician-patient experience by enabling clinicians to focus on what matters most, delivering high-quality patient care. It converts natural clinician-patient conversation into medical documentation and provides real-time administrative support, including referrals, orders, and reminders. The service, which supports over 35 specialties, delivers timely, accurate and comprehensive medical documentation to several of the healthcare systems in the U.S. and to hundreds of independent clinicians nationwide. Augmedix focuses on saving clinicians 2-3 hours per day, improve clinician productivity by as much as 20%, and increase clinicians' satisfaction with work-life balance over 40%.
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      AUGX Stock 12 Month Forecast

      Average Price Target

      $2.35
      ▲(0.00% Upside)
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      Best Analysts Covering AUGX

      1 Year
      Bill SutherlandBenchmark Co.
      1 Year Success Rate
      1/7 ratings generated profit
      14%
      1 Year Average Return
      -29.10%
      reiterated a buy rating 7 months ago
      Copying Bill Sutherland's trades and holding each position for 1 Year would result in 14.29% of your transactions generating a profit, with an average return of -29.10% per trade.
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