From what 6 stock analysts predict, the share price for Pacific Biosciences of California Inc (PACB) might increase by 46.63% in the next year. This is based on a 12-month average estimation for PACB. Price targets go from $1 to $7. The majority of stock analysts believe PACB is a buy. Please note analyst price targets are not guaranteed and could be missed completely.
About 6 Wall Street analysts have assignedPACB 2 buy ratings, 4 hold ratings, and 0 sell ratings. This means that analysts expect Pacific Biosciences of California Inc to hold. Keep in mind that these ratings are typically refreshed every quarter, underscoring the importance of conducting your own research on PACB. Don't forget to include both technical and fundamental analysis, as well as staying informed on news that could influence these ratings, in your due diligence.
These are the latest 20 analyst ratings of PACB.
Analyst/Firm |
Rating |
Price Target |
Change |
Date |
---|---|---|---|---|
Sung Ji Nam Scotiabank | Sector Outperform | $7 | Maintains | Aug 28, 2024 |
Stephens & Co. | Overweight | Maintains | Aug 13, 2024 | |
Tejas Savant Morgan Stanley | Equal-Weight | $2 | Maintains | Aug 12, 2024 |
Ross Osborn Cantor Fitzgerald | Overweight | $3.5 | Reiterates | Aug 8, 2024 |
Kyle Mikson Canaccord Genuity | Buy | $3 | Maintains | Aug 8, 2024 |
Tycho Peterson Jefferies | Buy | $4 | Initiates | Jun 3, 2024 |
Tejas Savant Morgan Stanley | Equal-Weight | $4 | Maintains | May 15, 2024 |
David Westenberg Piper Sandler | Neutral | $2 | Maintains | May 13, 2024 |
Luke Sergott Barclays | Equal-Weight | $2 | Maintains | May 10, 2024 |
Rachel Vatnsdal JP Morgan | Neutral | Downgrade | Apr 22, 2024 | |
Matthew Sykes Goldman Sachs | Neutral | $2.5 | Maintains | Apr 19, 2024 |
Matthew Sykes Goldman Sachs | Neutral | $2.5 | Downgrade | Apr 18, 2024 |
Eve Burstein Bernstein | Outperform | $2.5 | Maintains | Apr 18, 2024 |
Sung Ji Nam Scotiabank | Sector Outperform | $8 | Maintains | Apr 18, 2024 |
Daniel Brennan TD Cowen | Buy | $2.5 | Maintains | Apr 17, 2024 |
Luke Sergott Barclays | Equal-Weight | $3 | Maintains | Apr 10, 2024 |
Matthew Sykes Goldman Sachs | Buy | $7 | Maintains | Apr 10, 2024 |
Canaccord Genuity | Buy | Maintains | Mar 22, 2024 | |
John Sourbeer UBS | Buy | $12 | Maintains | Feb 16, 2024 |
Mason Carrico Stephens & Co. | Overweight | $11 | Initiates | Dec 14, 2023 |
When did it IPO
2010
Staff Count
796
Country
United States
Sector/Industry
Healthcare/Medical Devices
CEO
Mr. Christian O. Henry M.B.A.
Market Cap
$509.6M
In 2023, PACB generated $200.5M in revenue, which was a increase of 56.29% from the previous year. This can be seen as a signal that PACB's business is growing, and its share price could be worth more in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.
Revenue From 2020
Revenue From 2021
Revenue From 2022
Revenue From 2023
Summary - The Schall Law Firm is investigating Pacific Biosciences (NASDAQ:PACB) for potential securities law violations, including false statements and undisclosed information affecting investors.
Why It Matters - Investigations into potential securities law violations can lead to stock price declines and increased legal risks for Pacific Biosciences, impacting investor confidence and returns.
Summary - The Schall Law Firm is investigating Pacific Biosciences (NASDAQ:PACB) for potential securities law violations, including false statements and undisclosed information affecting investors.
Why It Matters - Investors in Pacific Biosciences should be concerned about potential legal violations and misleading statements, which could affect stock value and lead to financial losses.
Summary - The Schall Law Firm is investigating Pacific Biosciences (NASDAQ:PACB) for potential securities law violations related to false statements and undisclosed information affecting investors.
Why It Matters - The investigation into PacBio for potential securities law violations could lead to legal liabilities, impacting stock performance and investor confidence.
Summary - The Schall Law Firm is investigating Pacific Biosciences (NASDAQ:PACB) for potential securities law violations related to misleading statements to investors.
Why It Matters - The investigation into Pacific Biosciences may indicate potential legal issues, which could lead to financial losses or stock price volatility, impacting investor sentiment and decisions.
Summary - The Schall Law Firm is investigating Pacific Biosciences (NASDAQ:PACB) for potential securities law violations, including false statements or undisclosed information affecting investors.
Why It Matters - The investigation into Pacific Biosciences could indicate potential legal and financial risks, affecting stock performance and investor confidence in the company.
Summary - The Schall Law Firm is investigating Pacific Biosciences (NASDAQ:PACB) for potential securities law violations, including misleading statements to investors.
Why It Matters - An investigation into Pacific Biosciences for potential securities law violations could lead to legal repercussions, impacting stock value and investor confidence.