Is GDRX Stock A Buy?

The consensus among 18 Wall Street analysts covering (NASDAQ: GDRX) stock is to Buy GDRX stock.

Why is GoodRx stock dropping?

Prominent analysts downgraded GoodRx stock across the board. Part of this is because the S&P 500 is down 17% as of this writing (a historically large pullback) and professional money managers are more acutely averse to uncertainty than normal.

Why did GDRX drop today?

GoodRx shares plummeted Tuesday after the company issued a disappointing earnings report and forecast The company guided to revenue growth of 23% for the full year, well below analysts’ estimates. Trevor Bezdek, GoodRx co-CEO, said the impact of Covid-19 on the company’s business has been “greater than anticipated.”.

Will GDRX go up?

Goodrx Holdings Inc (NASDAQ:GDRX) The 16 analysts offering 12-month price forecasts for Goodrx Holdings Inc have a median target of 9.50, with a high estimate of 17.00 and a low estimate of 6.00 The median estimate represents a +60.20% increase from the last price of 5.93.

What is GoodRx market cap?

Market cap: $2.34 Billion As of July 2022 GoodRx has a market cap of $2.34 Billion. This makes GoodRx the world’s 3262th most valuable company by market cap according to our data.

Who are GoodRx competitors?

  • Capital Rx.
  • NowRX.
  • Waltz Health.
  • NURX.
  • 23andMe.
  • Sempre Health.
  • Doctor On Demand.

How does GoodRx make money?

GoodRX makes part of its revenue by collecting fees from the pharmacy benefits managers , or PBMs, it works with when consumers present their goodrx coupon at the pharmacy.

Did Kroger stop taking GoodRx?

According to Wall Street analysts, the grocery chain that no longer accepts the goodrx discount card for some or all prescriptions is Kroger.

Why can GoodRx be so cheap?

PBMs typically require pharmacies to accept discount cards to remain in the PBM’s pharmacy network. That’s why a consumer without insurance saves money by having access to a PBM’s network rate, which is lower than the cash price GoodRx provides a convenient and user-friendly interface for finding these PBM rates.

Is GoodRx a good company?

GoodRx is rated a 4.6 out of 5 on TrustPilot with over 90% of users rating the popular discount card as excellent Unfortunately, they also have about 10% of users that rate the service as poor or bad. The most common complaints seem to be related to customer service and changing or inaccurate discount prices.

How much did GoodRx sell for?

A pharmacist collects medications for prescriptions at a pharmacy. Silver Lake, the technology-focused private equity firm, has taken a stake in health-technology startup GoodRx valuing it at about $2.8 billion , according to three people familiar with the matter.

What was GoodRx IPO price?

–(BUSINESS WIRE)–GoodRx Holdings Inc., a leading consumer-focused digital healthcare platform in the United States, today announced the pricing of its initial public offering of 34,615,384 shares of its Class A common stock at a price to the public of $33.00 per share.

Do pharmacies have to accept GoodRx coupons?

Are pharmacies required to accept GoodRx coupons? Participating pharmacies are required to accept GoodRx through contracts with their pharmacy benefit managers (PBMs) An exception is for controlled medications. Accepting a GoodRx coupon for a controlled medication is always at the discretion of the pharmacist.

What is GoodRx and how does it work?

What are GoodRx coupons? GoodRx coupons will help you pay less than the cash price for your prescription They’re free to use and are accepted virtually every U.S. pharmacy. Your pharmacist will know how to enter the codes on the coupon to pull up the lowest discount available.

How do I buy GoodRx stock?

  • Compare share trading platforms. Use our comparison table to help you find a platform that fits you.
  • Open your brokerage account. Complete an application with your details.
  • Confirm your payment details
  • Research the stock
  • Purchase now or later
  • Check in on your investment.

Is GoodRx FDA approved?

GoodRx lists virtually all FDA-approved prescription medications , including brand-name and generic drugs; we even list vaccines! GoodRx cards and coupons never expire and can be used as often as necessary. Over 325,000 professionals recommend GoodRx to educate and empower their patients.

How do I buy NowRx stock?

You can’t buy and sell shares of NowRx like you can buy and sell shares of Amazon. Bummer. Third, thanks to some major advancements in crowdfunding technology and legislation, you can now invest in next-generation startups like NowRx for the long haul. Simply go to

How do I download the GoodRx app?

Both Android and iOS users can also download the GoodRx app from our Mobile Apps page , and you can still visit from any mobile phone.

How much does GoodRx cost per month?

GoodRx Gold is a monthly membership program that provides dramatic discounts on prescription drugs and healthcare services for you and your family. For $9.99/month , GoodRx Gold membership provides exclusive access to low drug prices for individuals.

Can you use GoodRx indefinitely?

They cannot be used indefinitely , so you may be stuck after six months or a year. They often require that you provide medical information to the manufacturer.

Is GoodRx a two sided market?

In many ways, GoodRx has a defensible platform strategy. There are strong cross-side network effects between the different parties on the platform (consumers, pharmacies and PBMs). Consumers <-> Pharmacies – Pharmacies seek to increase customer volume, and customers are looking to price shop across more pharmacies.

How many employees work at GoodRx?

GoodRx Culture At a Glance Overall, the 278 GoodRx employees give their leadership a grade of A+, or Top 5% of similar size companies on Comparably. This includes specific ratings of their executive team, CEO, and manager.

What is better GoodRx or SingleCare?

Bottom Line. In terms of price, SingleCare beat out GoodRx with nearly every medication we searched for. Even if you were to pay for the GoodRx Gold subscription, SingleCare still often offers the lower price.

Is GoodRx better than Medicare Part D?

GoodRx can also help you save on over-the-counter medications and vaccines. GoodRx prices are lower than your Medicare copay In some cases, but not all, GoodRx may offer a cheaper price than what you’d pay under Medicare. You won’t reach your annual deductible.

Does Walgreens use GoodRx?

Current Walgreens Pharmacy Prices and Discounts Use GoodRx to look up prices and discount coupons at Walgreens Pharmacy and save up to 80% on your prescriptions.

Is GoodRx gold better than GoodRx?

The big difference between GoodRx and GoodRx Gold is that you have to pay a membership fee to use GoodRx Gold. However, the Gold membership offers even better prices and more convenience of using a single card.

Is GoodRx owned by Kroger?

Kroger Health, the health care division of The Kroger Co., and GoodRx Holdings Inc. have agreed to a three-year renewal of their relationship, which enables the grocer’s customers to keep using the Kroger Rx Savings Club program to help lower their prescription drug costs through GoodRx’s digital platform.

Is Kroger Rx the same as GoodRx?

What is the Kroger Rx Savings Club? GoodRx and Kroger launched the Kroger Rx Savings Club in 2018 The Kroger Rx Savings Club is a membership program that offers reduced pricing on thousands of prescription medications.

Can you use GoodRx at Kroger Pharmacy?

Current Kroger Pharmacy Prices and Discounts Use GoodRx to look up prices and discount coupons at Kroger Pharmacy and save up to 80% on your prescriptions Just search for your medication and we will show you the cost at various pharmacies near you along with free coupons to save you money.

Can GoodRx be used with insurance?

3) Yes, you can use a discount even if you have insurance Prescription discounts, including those from GoodRx, can be a great option if you don’t have health insurance, but if you do have insurance, you can always use a GoodRx discount instead of insurance if the cost is lower.


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