Renalytix (LSE:RENX) has updated its revenue guidance, forecasting significant growth driven by its partnership with Tempus AI, Inc. The company expects revenues of $8.4 million in FY26, $19 million in FY27, and $42 million in FY28, reflecting the anticipated benefits of integrating its technology within hospital systems and healthcare providers.
Despite these positive strategic developments, the company faces notable financial challenges, including declining revenues, high operating losses, and solvency concerns. While the collaboration with Tempus underscores growth potential, weak technical indicators and valuation pressures limit the stock’s attractiveness.
About Renalytix
Renalytix is an AI-enabled in vitro diagnostics company focused on improving clinical management of kidney disease. Its flagship product, kidneyintelX.dkd, is the only FDA-approved and Medicare-reimbursed prognostic test for early-stage risk assessment in chronic kidney disease, commercially available in the United States.
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