MDxHealth stock rating cut to neutral by BTIG on Q3 revenue miss
BTIG downgraded MDxHealth (MDXH) to Neutral from Buy after Q3 revenue miss and suspended guidance. Stock fell 66% to $0.21. BTIG cited sales rep turnover and balance sheet concerns. MDxHealth has $105.85M debt, $19.71M market cap, and burning cash. Q2 revenue was $27.2M, beating estimates, but EPS missed. Full-year 2026 revenue guidance is $110M-$115M. BTIG previously cut price target to $2.00 from $4.00.



