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Home โบ Stocks โบ Pacific Biosciences of California, Inc. (PACB) Stock Forecast & Price Prediction United States | NASDAQ | Healthcare | Medical Devices
$1.31
+0.01 (0.77%)Did PACB Make This Month's Elite Buy List?
We don't follow just any analyst โ only the top 3% with a proven track record make our cut. See if Pacific Biosciences is one of their latest high-conviction picks.
Based on our analysis of 18 Wall Street analysts, PACB has a neutral consensus with a median price target of $2.00 (ranging from $1.25 to $3.00). The overall analyst rating is Buy (7.7/10). Currently trading at $1.31, the median forecast implies a 52.7% upside. This outlook is supported by 6 Buy, 7 Hold, and 0 Sell ratings.
The most optimistic forecast comes from Kyle Mikson at Canaccord Genuity, projecting a 129.0% upside. Conversely, the most conservative target is provided by David Westenberg at Piper Sandler, suggesting a 4.6% downside.
Please note that analyst price targets are forward-looking estimates subject to substantial market, economic, and company-specific risks. Past performance does not guarantee future results, and actual stock performance may materially differ from these projections. Investors should conduct their own due diligence and consider their investment objectives and risk tolerance before making investment decisions.
These are the latest 20 analyst ratings and price targets for PACB.
Date | Firm | Analyst | Rating | Change | Price Target |
---|---|---|---|---|---|
May 15, 2025 | Piper Sandler | David Westenberg | Neutral | Maintains | $1.25 |
May 15, 2025 | Stephens & Co. | Mason Carrico | Overweight | Reiterates | $1.80 |
Apr 10, 2025 | Canaccord Genuity | Kyle Mikson | Buy | Maintains | $3.00 |
Mar 25, 2025 | Scotiabank | Sung Ji Nam | Sector Outperform | Maintains | $2.00 |
Feb 20, 2025 | Piper Sandler | David Westenberg | Neutral | Reiterates | $2.00 |
Feb 18, 2025 | Goldman Sachs | Matthew Sykes | Neutral | Maintains | $1.50 |
Feb 18, 2025 | Stephens & Co. | Mason Carrico | Overweight | Reiterates | $2.50 |
Feb 14, 2025 | Stephens & Co. | Mason Carrico | Overweight | Reiterates | $2.50 |
Jan 23, 2025 | Goldman Sachs | Matthew Sykes | Neutral | Maintains | $1.75 |
Nov 11, 2024 | Scotiabank | Sung Ji Nam | Sector Outperform | Maintains | $6.00 |
Nov 11, 2024 | Piper Sandler | David Westenberg | Neutral | Maintains | $2.50 |
Nov 11, 2024 | UBS | John Sourbeer | Neutral | Downgrade | $2.00 |
Aug 28, 2024 | Scotiabank | Sung Ji Nam | Sector Outperform | Maintains | $7.00 |
Aug 13, 2024 | Stephens & Co. | Overweight | Maintains | $0.00 | |
Aug 12, 2024 | Morgan Stanley | Tejas Savant | Equal-Weight | Maintains | $2.00 |
Aug 8, 2024 | Cantor Fitzgerald | Ross Osborn | Overweight | Reiterates | $3.50 |
Aug 8, 2024 | Canaccord Genuity | Kyle Mikson | Buy | Maintains | $3.00 |
Jun 3, 2024 | Jefferies | Tycho Peterson | Buy | Initiates | $4.00 |
May 15, 2024 | Morgan Stanley | Tejas Savant | Equal-Weight | Maintains | $4.00 |
May 13, 2024 | Piper Sandler | David Westenberg | Neutral | Maintains | $2.00 |
The following stocks are similar to Pacific Biosciences based on their market capitalization and industry sector. These similar stocks potentially provide investors with alternative investment opportunities within the same market segment.
Pacific Biosciences of California, Inc. has a market capitalization of $390.11M with a P/E ratio of -1.2x. The company generates $152.36M in trailing twelve-month revenue with a 24.2% profit margin.
Revenue growth is -4.3% quarter-over-quarter, while maintaining an operating margin of -1,164.5% and return on equity of -177.6%.
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Develops innovative sequencing systems for biotechnology.
The company operates by creating advanced sequencing platforms, particularly its flagship SMRT technology, which facilitates detailed genetic analysis for researchers across various fields. By selling these systems and providing associated services, it generates revenue while supporting advancements in genomics, personalized medicine, and other scientific areas.
Pacific Biosciences is strategically positioned in the growing biotechnology market, focusing on high-fidelity and long-read sequencing capabilities. Its technology is crucial for enhancing the understanding of complex genetic information, which is essential for developing targeted therapies and diagnostics in healthcare, agriculture, and environmental biology.
Healthcare
Medical Devices
575
Mr. Christian O. Henry M.B.A.
United States
2010
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Pacific Biosciences of California (PACB) closed at $1.18 in the latest trading session, marking a +1.72% move from the prior day.
Pacific Biosciences of California (PACB) closed at $1.18, up 1.72% from the previous trading day.
PACB's slight increase in stock price indicates potential positive market sentiment or investor confidence, which may influence future trading decisions and valuations.
PACB reports strong Q1 results, leveraging product innovation and cost reductions to counteract sales cycle delays, positioning for growth in 2025.
PACB's strong Q1 results and strategic innovations signal potential for future growth, which may enhance investor confidence and influence stock performance.
Target ALS and PacBio have launched a global initiative to sequence 6,000 genomes for ALS research, providing free access to detailed long-read sequencing data for scientists worldwide.
The partnership between Target ALS and PacBio signals potential advancements in ALS research, possibly leading to breakthroughs that could drive biotech investments and innovations in treatments.
Pacific Biosciences (PACB) has received a Zacks Rank #2 (Buy), indicating growing optimism about its earnings prospects, which may lead to a potential increase in its stock price.
Growing optimism and a Zacks Rank #2 (Buy) suggest improved earnings potential for Pacific Biosciences, indicating a potentially favorable investment opportunity.
PACB partners with Haorui Gene to expand HiFi sequencing services in China, enhancing access to precision medicine across clinical labs nationwide.
PACB's partnership in China enhances its market presence, potentially increasing revenue from precision medicine and driving demand for its HiFi sequencing technology, positively impacting investor sentiment.
PacBio's Board Special Committee has completed an investigation into employment practices and cybersecurity allegations, finding no improper practices or inaccuracies in its 2024 Form 10-K.
The conclusion of the investigation clears PacBio of allegations, potentially stabilizing investor confidence and reducing uncertainty around the company's governance and cybersecurity practices.
Based on our analysis of 18 Wall Street analysts, Pacific Biosciences of California, Inc. (PACB) has a median price target of $2.00. The highest price target is $3.00 and the lowest is $1.25.
According to current analyst ratings, PACB has 6 Buy ratings, 7 Hold ratings, and 0 Sell ratings. The stock is currently trading at $1.31. Always conduct your own research and consider your investment goals before making investment decisions.
Wall Street analysts predict PACB stock could reach $2.00 in the next 12 months. This represents a 52.7% increase from the current price of $1.31. Please note that this is a projection by Wall Street analysts and not a guarantee.
The company operates by creating advanced sequencing platforms, particularly its flagship SMRT technology, which facilitates detailed genetic analysis for researchers across various fields. By selling these systems and providing associated services, it generates revenue while supporting advancements in genomics, personalized medicine, and other scientific areas.
The highest price target for PACB is $3.00 from Kyle Mikson at Canaccord Genuity, which represents a 129.0% increase from the current price of $1.31.
The lowest price target for PACB is $1.25 from David Westenberg at Piper Sandler, which represents a -4.6% decrease from the current price of $1.31.
The overall analyst consensus for PACB is neutral. Out of 18 Wall Street analysts, 6 rate it as Buy, 7 as Hold, and 0 as Sell, with a median price target of $2.00.
Stock price projections, including those for Pacific Biosciences of California, Inc., are based on various factors including financial models, market conditions, and analyst forecasts. While these predictions provide valuable insights, they should be considered alongside your own research and risk tolerance.
The information provided by Ticker Nerd is for educational and informational purposes only. It should not be considered financial or investment advice. Past performance is not indicative of future results. Always conduct your own research and consult with a qualified financial advisor before making any investment decisions. Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance.