bioAffinity Technologies, Inc. (BIAF)

NASDAQ: BIAF · Real-Time Price · USD
1.450
+0.010 (0.69%)
At close: Oct 22, 2024, 4:00 PM
1.410
-0.040 (-2.76%)
After-hours: Oct 22, 2024, 6:18 PM EDT
0.69%
Market Cap 19.56M
Revenue (ttm) 7.32M
Net Income (ttm) -8.74M
Shares Out 13.49M
EPS (ttm) -0.89
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 337,094
Open 1.460
Previous Close 1.440
Day's Range 1.263 - 1.465
52-Week Range 1.150 - 3.620
Beta 2.94
Analysts Strong Buy
Price Target 6.00 (+313.79%)
Earnings Date Nov 12, 2024

About BIAF

bioAffinity Technologies, Inc. engages in developing non-invasive diagnostics to detect early-stage lung cancer and other diseases of the lung. It offers CyPath lung, a diagnostic test, for early detection of lung cancer. The company was incorporated in 2014 and is based in San Antonio, Texas. [Read more]

Sector Healthcare
IPO Date Sep 1, 2022
Employees 14
Stock Exchange NASDAQ
Ticker Symbol BIAF
Full Company Profile

Financial Performance

In 2023, bioAffinity Technologies's revenue was $2.53 million, an increase of 52627.44% compared to the previous year's $4,803. Losses were -$7.94 million, -2.66% less than in 2022.

Financial Statements

Analyst Forecast

According to one analyst, the rating for BIAF stock is "Strong Buy" and the 12-month stock price forecast is $6.0.

Price Target
$6.0
(313.79% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

WallachBeth Capital Announces Closing of bioAffinity Technologies $2.6 Million Registered Direct Offering & Concurrent Private Placement

JERSEY CITY, N.J. , Oct. 21, 2024 /PRNewswire/ -- WallachBeth Capital LLC, a leading provider of capital markets and institutional execution services, announced today that bioAffinity Technologies, In...

1 day ago - PRNewsWire

bioAffinity Technologies Announces Closing of $2.6 Million Registered Direct Offering & Concurrent Private Placement

SAN ANTONIO--(BUSINESS WIRE)-- #BIAF--bioAffinity Technologies announces closing of $2.6 million registered direct offering and concurrent private placement.

1 day ago - Business Wire

WallachBeth Capital Announces Pricing of bioAffinity Technologies $2.66 Million Registered Direct Offering & Concurrent Private Placement

JERSEY CITY, N.J. , Oct. 18, 2024 /PRNewswire/ -- WallachBeth Capital LLC, a leading provider of capital markets and institutional execution services, announced today that– bioAffinity Technologies, I...

4 days ago - PRNewsWire

bioAffinity Technologies Announces Pricing of $2.66 Million Registered Direct Offering & Concurrent Private Placement

SAN ANTONIO--(BUSINESS WIRE)-- #BIAF--bioAffinity Technologies announces pricing of $2.66 million registered direct offering and concurrent private placement.

4 days ago - Business Wire

bioAffinity's CyPath® Lung Cancer Test Supported by Newly Published Flow Cytometry Guidelines

SAN ANTONIO--(BUSINESS WIRE)-- #BIAF--bioAffinity VP served on expert panel to update flow cytometry guidelines for unique biological samples like sputum used in CyPath® Lung.

6 days ago - Business Wire

bioAffinity Technologies Names J. Michael Edwards as Chief Financial Officer

SAN ANTONIO--(BUSINESS WIRE)-- #BIAF--bioAffinity Technologies names J. Michael Edwards as Chief Financial Officer.

12 days ago - Business Wire

bioAffinity Technologies Awarded U.S. Federal Supply Schedule Contract for CyPath® Lung Test

SAN ANTONIO--(BUSINESS WIRE)-- #BIAF--bioAffinity Technologies' CyPath® Lung test will be added to the Federal Supply Schedule to help veterans and active military at risk for lung cancer.

13 days ago - Business Wire

Peer-Reviewed Study: bioAffinity Technologies' CyPath® Lung Test Shows Potential Significant Healthcare Savings by Reducing Unnecessary Follow-Up, Medical Complications and Overdiagnosis

SAN ANTONIO, Texas--(BUSINESS WIRE)-- #BIAF--Study demonstrates how CyPath Lung diagnostic test for lung cancer can significantly reduce healthcare costs for both public and private insurers.

4 weeks ago - Business Wire

bioAffinity Technologies CFO to Depart for New Opportunity; J. Michael Edwards to Return as Interim CFO

SAN ANTONIO--(BUSINESS WIRE)-- #BIAF--J. Michael Edwards replaces Michael Dougherty as bioAffinity CFO; Dougherty is leaving for a position in the energy sector in the Pacific Northwest.

2 months ago - Business Wire

bioAffinity Technologies Reports $2.4 Million Revenue for Q2 Driven by Growing CyPath® Lung Sales

SAN ANTONIO, Texas--(BUSINESS WIRE)-- #BIAF--bioAffinity Technologies reports financial results and operational highlights for the quarter ended June 30, 2024.

2 months ago - Business Wire

WallachBeth Capital Announces Closing of bioAffinity Technologies Registered Direct Offering and Concurrent Private Placement and Warrant Inducement for Aggregate Gross Proceeds of $1.75 Million

JERSEY CITY, N.J. , Aug. 5, 2024 /PRNewswire/ -- WallachBeth Capital LLC, a leading provider of capital markets and institutional execution services, announced today that in connection with the BioAff...

2 months ago - PRNewsWire

bioAffinity Technologies Announces Closing of Registered Direct Offering, Concurrent Private Placement and Warrant Inducement for Aggregate Gross Proceeds of $1.75 Million

SAN ANTONIO--(BUSINESS WIRE)-- #BIAF--bioAffinity Technologies announces closing of registered direct offering, private placement and warrant inducement for gross proceeds of $1.75 million.

2 months ago - Business Wire

WallachBeth Capital Announces bioAffinity Technologies Pricing of Registered Direct Offering and Concurrent Private Placement and Warrant Inducement for Aggregate Gross Proceeds of $1.75 Million

JERSEY CITY, N.J. , Aug. 2, 2024 /PRNewswire/ -- WallachBeth Capital LLC, a leading provider of capital markets and institutional execution services, announced today that bioAffinity Technologies, Inc...

2 months ago - PRNewsWire

bioAffinity Technologies Announces Pricing of Registered Direct Offering and Concurrent Private Placement and Warrant Inducement for Aggregate Gross Proceeds of $1.75 Million

SAN ANTONIO--(BUSINESS WIRE)-- #BIAF--bioAffinity Technologies announces pricing of registered direct offering and concurrent private placement and warrant inducement.

2 months ago - Business Wire

Biotricity and bioAffinity Technologies Interviews to Air on the RedChip Small Stocks, Big Money(TM) Show on Bloomberg TV

ORLANDO, FL / ACCESSWIRE / July 12, 2024 / RedChip Companies will air interviews with Biotricity, Inc. (Nasdaq:BTCY) and bioAffinity Technologies, Inc. (Nasdaq:BIAF) on the RedChip Small Stocks, Big M...

3 months ago - Accesswire

bioAffinity Technologies Reports 217% Sales Growth in Second Quarter 2024 for CyPath® Lung

SAN ANTONIO--(BUSINESS WIRE)-- #BIAF--bioAffinity Technologies raises the 2024 full-year forecast for sales of CyPath Lung, a noninvasive test for lung cancer, by 85%.

3 months ago - Business Wire

BioVie and bioAffinity Technologies Interviews to Air on the RedChip Small Stocks, Big Money(TM) Show on Bloomberg TV

ORLANDO, FL / ACCESSWIRE / July 5, 2024 / RedChip Companies will air interviews with BioVie, Inc. (Nasdaq:BIVI) and bioAffinity Technologies, Inc. (Nasdaq:BIAF) on the RedChip Small Stocks, Big Money™...

Other symbols: BIVI
3 months ago - Accesswire

bioAffinity Technologies Reports Accelerating Growth of Physician Practices Ordering CyPath® Lung Tests

SAN ANTONIO--(BUSINESS WIRE)-- #BIAF--bioAffinity Technologies reports a 139% growth in the number of pulmonology practices and physicians ordering CyPath Lung for their patients.

4 months ago - Business Wire

bioAffinity Technologies Reports Record Q1 Revenue Driven by Accelerating Growth of CyPath® Lung Sales and Increased Laboratory Volumes

SAN ANTONIO--(BUSINESS WIRE)-- #BIAF--bioAffinity Technology reports record Q1 2024 revenue driven by accelerating sales of lung cancer diagnostic CyPath Lung.

5 months ago - Business Wire

bioAffinity Technologies News Update

SAN ANTONIO--(BUSINESS WIRE)-- #ATS--bioAffinity reports ramp in sales of CyPath® Lung, expanded sales team, new Patient Coach and upcoming presentation at American Thoracic Society.

6 months ago - Business Wire

bioAffinity Technologies Advances New Product Development Initiatives to Accelerate Next Phase of Growth

SAN ANTONIO--(BUSINESS WIRE)-- #BIAF--bioAffinity Technologies is developing diagnostics based on its proprietary platform for use with BAL fluid to detect lung cancer and to detect COPD.

6 months ago - Business Wire

bioAffinity Technologies Expands Campaign to Support American Cancer Society Initiative for Lung Cancer Screening

SAN ANTONIO--(BUSINESS WIRE)-- #ACS--bioAffinity Technologies and the American Cancer Society are expanding their campaign to raise funds for lung cancer screening.

7 months ago - Business Wire

bioAffinity Technologies Reports Fourth Quarter and Full Year 2023 Financial Results

SAN ANTONIO--(BUSINESS WIRE)-- #BIAF--bioAffinity Technologies reports fourth quarter and full year 2023 financial results.

7 months ago - Business Wire

Wallachbeth Capital Announces Closing of bioAffinity Technologies $2.5 Million Registered Direct Offering and Concurrent Private Placement

JERSEY CITY, N.J. , March 8, 2024 /PRNewswire/ -- WallachBeth Capital LLC, a leading provider of capital markets and institutional execution services, announced today that bioAffinity Technologies, In...

8 months ago - PRNewsWire

bioAffinity Technologies Announces Closing of $2.5 Million Registered Direct Offering and Concurrent Private Placement

SAN ANTONIO--(BUSINESS WIRE)-- #BIAF--bioAffinity Technologies closed a securities purchase agreement with institutional investors for gross proceeds of approximately $2.5 million.

8 months ago - Business Wire