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Home › Stocks › Cytek Biosciences Inc. (CTKB) Stock Forecast & Price Prediction United States | NASDAQ | Healthcare | Medical Devices
$2.45
-0.03 (-1.21%)10 Quality Stocks Worth Considering Now
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Based on our analysis of 6 Wall Street analysts, CTKB has a neutral consensus with a median price target of $4.00 (ranging from $3.00 to $9.00). The overall analyst rating is Buy (6.7/10). Currently trading at $2.45, the median forecast implies a 63.3% upside. This outlook is supported by 2 Buy, 3 Hold, and 1 Sell ratings.
The most optimistic forecast comes from Mason Carrico at Stephens & Co., projecting a 267.3% upside. Conversely, the most conservative target is provided by Matthew Sykes at Goldman Sachs, suggesting a 22.4% upside.
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 CTKB.
Date | Firm | Analyst | Rating | Change | Price Target |
---|---|---|---|---|---|
May 12, 2025 | Goldman Sachs | Matthew Sykes | Sell | Maintains | $3.00 |
Mar 19, 2025 | Stephens & Co. | Mason Carrico | Overweight | Reiterates | $6.00 |
Mar 4, 2025 | Piper Sandler | David Westenberg | Overweight | Maintains | $8.00 |
Nov 11, 2024 | Piper Sandler | David Westenberg | Overweight | Maintains | $8.50 |
Aug 13, 2024 | Piper Sandler | David Westenberg | Overweight | Maintains | $8.00 |
May 13, 2024 | Piper Sandler | David Westenberg | Overweight | Maintains | $8.50 |
Mar 6, 2024 | Piper Sandler | David Westenberg | Overweight | Maintains | $10.00 |
Feb 29, 2024 | Goldman Sachs | Matthew Sykes | Buy | Maintains | $10.00 |
Dec 14, 2023 | Stephens & Co. | Mason Carrico | Overweight | Initiates | $9.00 |
Nov 9, 2023 | Morgan Stanley | Tejas Savant | Equal-Weight | Maintains | $7.00 |
Oct 24, 2023 | Morgan Stanley | Tejas Savant | Equal-Weight | Maintains | $8.00 |
Oct 16, 2023 | Piper Sandler | David Westenberg | Overweight | Maintains | $10.00 |
Jul 19, 2023 | Raymond James | Andrew Cooper | Market Perform | Initiates | $0.00 |
May 11, 2023 | Morgan Stanley | Tejas Savant | Equal-Weight | Maintains | $13.00 |
May 10, 2023 | Goldman Sachs | Matthew Sykes | Buy | Maintains | $12.00 |
Mar 7, 2023 | Piper Sandler | David Westenberg | Overweight | Maintains | $15.00 |
Mar 2, 2023 | Goldman Sachs | Matthew Sykes | Buy | Maintains | $14.00 |
Mar 2, 2023 | Morgan Stanley | Tejas Savant | Equal-Weight | Maintains | $14.00 |
Aug 18, 2022 | Piper Sandler | David Westenberg | Overweight | Maintains | $16.00 |
Aug 12, 2022 | Morgan Stanley | Tejas Savant | Equal-Weight | Maintains | $15.00 |
The following stocks are similar to Cytek based on their market capitalization and industry sector. These similar stocks potentially provide investors with alternative investment opportunities within the same market segment.
Cytek Biosciences Inc. has a market capitalization of $310.31M with a P/E ratio of 374.5x. The company generates $197.05M in trailing twelve-month revenue with a -5.7% profit margin.
Revenue growth is -7.6% quarter-over-quarter, while maintaining an operating margin of -36.1% and return on equity of -2.9%.
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Develops innovative flow cytometry technologies.
The company generates revenue by developing and delivering advanced flow cytometry systems and products tailored for researchers and clinicians in the life sciences. These products enable high-parameter cell analysis, which is essential for drug discovery, clinical trials, and personalized medicine, thereby driving sales in various biotechnology sectors.
Cytek Biosciences Inc. is positioned as a key player in the biotechnology market, significantly impacting fields such as immunology and oncology. Its technology enhances the accuracy and efficiency of cellular analysis, supporting scientific discoveries and public health initiatives.
Healthcare
Medical Devices
676
Dr. Wenbin Jiang Ph.D.
United States
2021
Cytek Biosciences, Inc. (NASDAQ:CTKB) will hold its Q1 2025 earnings conference call on May 8, 2025, at 4:30 PM ET, featuring executives and analysts from various firms.
Cytek Biosciences' earnings call will provide insights into its financial performance and strategic direction, influencing investor sentiment and stock valuation.
Cytek Biosciences (Nasdaq: CTKB) reported its Q1 financial results for 2025 on May 8, 2025. Further details on performance were not provided in the excerpt.
Cytek Biosciences' Q1 financial results can signal growth potential, operational efficiency, and future profitability, influencing investor sentiment and stock performance.
Cytek Biosciences (CTKB) reported a quarterly loss of $0.09 per share, worse than the expected loss of $0.04, compared to a loss of $0.05 per share in the same quarter last year.
Cytek's larger-than-expected quarterly loss signals potential operational challenges, which may impact investor confidence and stock performance.
Cytek is considered undervalued by 16.43% to 109.37%. In 2024, it reported net losses with operating expenses at 65.67% of sales, $277.86M in cash, and $103.76M in total liabilities.
Cytek's significant undervaluation suggests potential upside for investors, despite current losses linked to growth strategies. Strong cash reserves indicate financial stability amid high operating expenses.
Cytek Biosciences is presenting its Full Spectrum Profilingâ„¢ technology at CYTO 2025 and AAI's IMMUNOLOGY2025 events.
Cytek's technology showcase at key industry events highlights innovation potential, which could drive future sales growth and enhance market position, influencing investor confidence and stock value.
Cytek Biosciences reported a 77% YoY increase in FY2024 adjusted EBITDA, indicating strong profitability. Despite a 41% YTD stock decline, growth drivers suggest positive future prospects.
Cytek Biosciences shows strong profitability potential with a 77% EBITDA increase and effective cost management, despite a stock decline, indicating potential upside for future growth.
Based on our analysis of 6 Wall Street analysts, Cytek Biosciences Inc. (CTKB) has a median price target of $4.00. The highest price target is $9.00 and the lowest is $3.00.
According to current analyst ratings, CTKB has 2 Buy ratings, 3 Hold ratings, and 1 Sell ratings. The stock is currently trading at $2.45. Always conduct your own research and consider your investment goals before making investment decisions.
Wall Street analysts predict CTKB stock could reach $4.00 in the next 12 months. This represents a 63.3% increase from the current price of $2.45. Please note that this is a projection by Wall Street analysts and not a guarantee.
The company generates revenue by developing and delivering advanced flow cytometry systems and products tailored for researchers and clinicians in the life sciences. These products enable high-parameter cell analysis, which is essential for drug discovery, clinical trials, and personalized medicine, thereby driving sales in various biotechnology sectors.
The highest price target for CTKB is $9.00 from Mason Carrico at Stephens & Co., which represents a 267.3% increase from the current price of $2.45.
The lowest price target for CTKB is $3.00 from Matthew Sykes at Goldman Sachs, which represents a 22.4% increase from the current price of $2.45.
The overall analyst consensus for CTKB is neutral. Out of 6 Wall Street analysts, 2 rate it as Buy, 3 as Hold, and 1 as Sell, with a median price target of $4.00.
Stock price projections, including those for Cytek Biosciences 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.