GoodRx HoldingsGDRX
About: GoodRx Holdings Inc is a consumer-focused digital healthcare platform that aims to lower the cost of healthcare in the United States. It operates a price comparison platform that provides consumers with curated, geographically relevant prescription pricing, and provides access to negotiated prices through codes that can be used to save money on prescriptions across the United States. GoodRx generates revenue from core business from pharmacy benefit managers (PBMs) that manage formularies and prescription transactions including establishing pricing between consumers and pharmacies. It also offers various healthcare products and services, including pharma manufacturer solutions, subscriptions, and telehealth services.
Employees: 694
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
53% more call options, than puts
Call options by funds: $6.04M | Put options by funds: $3.95M
3.35% more ownership
Funds ownership: 140.71% [Q2] → 144.07% (+3.35%) [Q3]
3% more first-time investments, than exits
New positions opened: 37 | Existing positions closed: 36
1% more funds holding
Funds holding: 163 [Q2] → 164 (+1) [Q3]
0% more funds holding in top 10
Funds holding in top 10: 3 [Q2] → 3 (+0) [Q3]
5% less capital invested
Capital invested by funds: $1.04B [Q2] → $986M (-$49.7M) [Q3]
21% less repeat investments, than reductions
Existing positions increased: 37 | Existing positions reduced: 47
Research analyst outlook
2 Wall Street Analysts provided 1 year price targets over the past 3 months
2 analyst ratings
Citigroup Daniel Grosslight 100% 1-year accuracy 2 / 2 met price target | 63%upside $7 | Buy Maintained | 13 Nov 2024 |
Barclays Stephanie Davis 50% 1-year accuracy 2 / 4 met price target | 40%upside $6 | Overweight Maintained | 11 Nov 2024 |
Financial journalist opinion
Based on 17 articles about GDRX published over the past 30 days