NeoGenomics Inc. (NASDAQ: NEO) reported that it has finalized a civil settlement with the U.S. Department of Justice, acting on behalf of the Office of Inspector General of the U.S. Department of Health and Human Services, to resolve a government investigation tied to certain consulting services the company provided to health care providers. The matter stems from an internal investigation NeoGenomics said it voluntarily conducted into whether certain consulting and service agreements complied with federal health care laws and regulations, including rules related to fraud, waste and abuse. The company previously notified OIG-HHS of that internal investigation in November 2021. Under the settlement agreement, finalized on June 20, 2026, NeoGenomics agreed to pay $9,813,260 to resolve the matter. The company noted that it had already accrued a reserve of $11.2 million as of March 31, 2026, for potential damages and liabilities associated with issues identified during the investigation, meaning the settlement amount is below the reserve previously recorded. NeoGenomics emphasized that the settlement is not an admission of liability by the company. The agreement also is not a concession by the United States that its claims were not well founded. The Form 8-K includes a Regulation FD disclosure under Item 7.01 regarding a press release issued in connection with the settlement, and an Item 8.01 “Other Events” disclosure describing the resolution of the government investigation. The filing was signed July 20, 2026, by Alicia C. Olivo, Executive Vice President, General Counsel and Secretary.
Stock detail
NeoGenomics (NEO) stock price, chart, and key data
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Stock detail
NeoGenomics
NEO · XNAS
-$0.03 (-0.21%) past day
$14.17
Overnight $13.69 (-3.39%)
Key metrics
Financials
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Operating income & Operating cash flow
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Total equity & Shares outstanding
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Day range
$13.73 - $14.64
52-week range
$4.72 - $15.57
Close price
$14.24
Market cap
$1.9B
P/E ratio
-18.65
Beta
1.74
Financials
FY2026 Q1Operating income
-$17M
Operating cash flow
-$8M
EPS
-0.13
Shares outstanding
130.2M
Total assets
$1B
Total equity
$829M
Total liabilities
$518M
About the company
NeoGenomics Inc
NeoGenomics Laboratories, Inc., also known as NeoGenomics or Neo, is an American CLIA-certified clinical laboratory, pharma services and information services company that specializes in cancer genetics diagnostic testing. The company's testing services include cytogenetics, fluorescence in situ hybridization, flow cytometry, immunohistochemistry, anatomic pathology, and molecular genetics. Headquartered in Fort Myers, FL, NeoGenomics maintains a network of testing facilities across the US, with laboratories in Florida, California, Tennessee, and Texas.
Analyst rating summary
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Mean target
$16.36
7
Buy
/ 10
Recent calls
07/15/2026
TD Cowen
Daniel Brennan
Buy · Price target $19.00
07/13/2026
Bank of America Securities
Michael Ryskin
Hold · Price target $16.00
07/09/2026
Craig-Hallum
William Bonello
Buy
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#1Deborah k. Ross
democrat · House · NC-2
- Buy$15,001 / $32,501 / $50,000
- Buy$15,001 / $32,501 / $50,000
- Buy$15,001 / $32,501 / $50,000
- Buy$15,001 / $32,501 / $50,000
#2Dwight Evans
democrat · House · PA-3
- Sell$1,000 / $8,000 / $15,000
- Sell$1,001 / $8,001 / $15,000
- Sell$1,001 / $8,001 / $15,000
- Buy$1,001 / $8,001 / $15,000
#3Donald J Trump
republican · Executive
#4Gilbert Cisneros
democrat · House · CA-31
- Buy$1,001 / $8,001 / $15,000
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