NTRA — Stock Film
STOCK FILMSCENE 1/11NTRA · $329
Stock Expert AI presents
NTRA
Natera, Inc
~5 min film100% real numbersplain English
WHAT DOES THIS COMPANY DO?
Natera, Inc. What it actually does.

Develops and commercializes molecular testing services globally. Offers Panorama, a non-invasive prenatal test for fetal chromosomal abnormalities. Now — the numbers.

on the stock market since 2015
6,138 employees
$47B market value
WHERE DOES THE MONEY COME FROM?
100%Products
ProductsLicensing and other <1%
100% of all revenue comes from a single line: Products.

That much dependence is a risk in itself: if this one line weakens, the whole company feels it directly.

Revenue last year:
$2.3B
The loss that same year:
$208.2M
For every $1 it earns, the company spends $1.1.

The company closed last year at a loss: costs ran above sales. The picture changes only if spending is reined in.

THE SALES TREND
Sales are growing, year after year.

Average growth of 39% a year over the last 4 years. Red columns mark years that ended in a loss.

$625.5M
2021
2022
2023
2024
$2.3B
2025
In the vault right now:
$1.1B
DEBT: $214.4M
At this pace, that money lasts about 5.2 years.

At this burn rate the cash pile isn’t the pressing question — for now, time is on the company’s side.

INSIDE THE REPORT CARD

We compared this company with its own sector across five subjects.

A score of 50 means class average.

BUSINESS QUALITY
77
strong

Clearly above the class average — a step short of the very top.

FINANCIAL STRENGTH
31
very weak

Clearly below the class average.

VALUATION
36
weak

Clearly below the class average.

PRICE MOMENTUM
86
very strong

The stock has been running stronger than the market lately.

WORTH WATCHING

Financial Strength: The cash-and-debt balance is thin; the buffer for hard times is slim.

Valuation: The stock trades at a price that looks expensive next to its earnings; that can cap future returns.

THE FIVE-YEAR JOURNEY
Bumpy, but the direction is up.

The stock trades near its peak today. For long-term holders the ride has paid off so far — though past performance guarantees nothing about the future.

1
THE BRIGHT SIDE · 1/3
Sales keep climbing

Over the last 4 years, sales grew about 39% a year on average.

2
THE BRIGHT SIDE · 2/3
Sales are holding up

The company sells $2.3B a year; the problem isn’t sales — it’s costs running above that number.

3
THE BRIGHT SIDE · 3/3
Strong cash, light debt

There is $1.1B in the vault; even if every debt were paid off, $861.8M would remain.

1
THE RISKS · 1/2
The losses continue

A loss of $208.2M against $2.3B in annual sales.

2
THE RISKS · 2/2
Executives lean toward selling

Over the last 12 months, executives reported 341 sells against just 68 buys. Not an alarm bell by itself, but a number worth watching.

FINALE · THE GRADE
D
39 / 100 · MoonshotScore

On our five-subject report card, NTRA sits behind the class. A low grade doesn’t mean “doomed” — it means “big claim, small proof.”

The takeaway: NTRA has solid sales but closed last year at a loss. The road back to profit runs through spending discipline.

The total grade weighs these five subjects against the sector — it isn’t a simple average of the five.

What would you like to do next?
Open the stock page →
This was a film — not investment advice.
Data: FMP & company filings
Sep 11, 2026 · stockexpertai.com · Stock Film