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Morningstar

Morningstar

Jun 14, 2022

GoodRx Holdings, Inc.: Placing GoodRx Under Review

Symbols

GDRX

Sector(s)

Healthcare

Rating

Current Price

3.08

Fair Value

Economic Moat

Stewardship

Summary

GoodRx is a consumer-focused digital healthcare platform that aims to lower the cost of healthcare in the United States. It has over 6 million active monthly users. The company’s primary focus is the U.S. prescription drug market, where GoodRx has developed a price comparison tool that it aggregates from over 200 billion daily pricing data points, directing consumers toward coupons negotiated between a pharmacy and intermediaries (pharmacy benefit managers ). GoodRx generates revenue by taking a small share of the fees paid by pharmacies to PBMs in exchange fo

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