A research filter, not a predictor — not financial advice. Grades rank growth stocks on evidence-based quality signals from end-of-day data; they are not buy/sell calls or price forecasts. Always do your own research.

Exagen Inc. XGN

Promising (early) broader-coverage candidate · Exagen Inc. develops and commercializes diagnostic testing solutions, leveraging its proprietary cell-bound complement activation products (CB-CAPs) technology under the AVISE bran

On FrontierLab's discovery record since 2026-08-04 (2 weeks ago) — when this name first surfaced. (distinct from the snapshot date below)

Auto-graded broader coverage — sourced by an automated screen and graded on default bands, not the sector-calibrated bands the curated screener uses. A "Promising (early)" here is NOT the same bar as a curated grade; these are auto-screened candidates for your own research, shown as of their surface date (2026-08-05), not the curated Frontier signal.

⚡ Surfaced on a price move — momentum is where to look, not a buy signal. The move that surfaced this name does not make it a good entry.

⚠ Pump risk: parabolic/spike characteristics detected in the screen flags. Treat any positive grade with extra skepticism.

Key quality signals

Revenue growth (YoY)	20.8%
Gross margin	58.6%
Gross profits / assets	0.8
Rule of 40	2.2
Net margin	-18.6%
Cash runway (months)	45.4
PEG	—
Price / sales	2.2

Quality checklist

✓ Revenue growth — 20.8% (pass ≥ 20%)
✓ Capital efficiency
~ Gross margin — 58.6% (pass ≥ 60%)
~ Gross-margin trend — -0.8 (pass ≥ 2)
✓ Share dilution — 14.6%

Fundamentals — snapshot as of 2026-08-05

Stage	Early
Share issuance (YoY)	14.6% · heavy issuance
Moat	—
TAM	—
P/E (trailing)	—
EPS (trailing)	$-0.82
Burn multiple	0.1
Gross-margin trend (pts)	-0.8
Cash / assets	0.47
Net debt / EBITDA	—
Statements as of	Q2 FY2026 · filed 2026-08-04

Momentum context — a snapshot from 2026-08-05, not current

Price at surface	$6.45 (as of 2026-08-05)
52-week range	$2.59 – $12.23
% off 52-wk high	-47.3%
RSI (14)	74
Relative volume	7.3×

Risk flags

Burning cash — operating margin is negative.Heavy dilution (~15%/yr) — top-decile share issuers have historically underperformed.Parabolic one-day spike (+38%) in the last month — extreme single-day moves tend to mean-revert.Volume 7.3× normal alongside the move — attention-crowded names tend to reverse over the following weeks.

← All broader-coverage names · Curated names → · Open the interactive screener →

Data as of 2026-08-05 (end-of-day). How grades are computed →