Cytek Biosciences, Inc. (CTKB)

NASDAQ: CTKB · IEX Real-Time Price · USD
5.60
-0.01 (-0.18%)
Jul 2, 2024, 4:00 PM EDT - Market closed
-0.18%
Market Cap 735.13M
Revenue (ttm) 200.79M
Net Income (ttm) -11.51M
Shares Out 131.27M
EPS (ttm) -0.09
PE Ratio n/a
Forward PE 370.37
Dividend n/a
Ex-Dividend Date n/a
Volume 410,768
Open 5.61
Previous Close 5.61
Day's Range 5.56 - 5.76
52-Week Range 3.80 - 9.87
Beta 1.34
Analysts Buy
Price Target 8.63 (+54.11%)
Earnings Date Aug 6, 2024

About CTKB

Cytek Biosciences, Inc., a cell analysis solutions company, provides cell analysis tools that facilitates scientific advances in biomedical research and clinical applications. It offers aurora and northern lights systems, which are spectrum flow cytometers that delivers cell analysis by utilizing the fluorescence signatures from multiple lasers to distinguish fluorescent tags on single cells; and aurora cell sorter system that leverages full spectrum profiling technology to further broaden potential applications across cell analysis; aurora CS ... [Read more]

Industry Medical Devices
Sector Healthcare
IPO Date Jul 23, 2021
Employees 676
Stock Exchange NASDAQ
Ticker Symbol CTKB
Full Company Profile

Financial Performance

Financial Statements

Analyst Forecast

According to 5 analysts, the average rating for CTKB stock is "Buy." The 12-month stock price forecast is $8.63, which is an increase of 54.11% from the latest price.

Price Target
$8.63
(54.11% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Cytek Biosciences to participate at the Goldman Sachs 45th Annual Global Healthcare Conference

FREMONT, Calif., May 30, 2024 (GLOBE NEWSWIRE) -- Cytek Biosciences, Inc. (Nasdaq: CTKB), a leading cell analysis solutions company, today announced the company will be participating in the upcoming G...

4 weeks ago - GlobeNewsWire

1-Laser and 2-Laser 6-Color TBNK Reagents from Cytek® Biosciences Approved for Clinical Use in China

FREMONT, Calif., May 28, 2024 (GLOBE NEWSWIRE) -- Today Cytek Biosciences, Inc. (Nasdaq: CTKB) announced that its 1-laser and 2-laser 6-color TBNK reagent cocktails have received China National Medica...

5 weeks ago - GlobeNewsWire

Cytek® Biosciences Adds Ability to Detect Subcellular Particles to Its Industry-Leading Cell Analysis Systems

FREMONT, Calif., May 20, 2024 (GLOBE NEWSWIRE) -- Today Cytek Biosciences, Inc. (Nasdaq: CTKB), a leading cell analysis solutions company, officially announced its Enhanced Small Particle (ESP™) Detec...

6 weeks ago - GlobeNewsWire

Cytek Biosciences Reports First Quarter 2024 Financial Results

FREMONT, Calif., May 08, 2024 (GLOBE NEWSWIRE) -- Cytek® Biosciences, Inc. (“Cytek Biosciences” or “Cytek”) (Nasdaq: CTKB), a leading cell analysis solutions company, today reported financial results ...

7 weeks ago - GlobeNewsWire

Cytek® Biosciences to Spotlight Cell Analysis Solutions at Upcoming Conferences in the United States and Europe

FREMONT, Calif., April 30, 2024 (GLOBE NEWSWIRE) -- Cytek Biosciences, Inc. (Nasdaq: CTKB), a leading cell analysis solutions company, continues its commitment to advancing the cell analysis market by...

2 months ago - GlobeNewsWire

Cytek Biosciences to Report First Quarter 2024 Financial Results on May 8, 2024

FREMONT, Calif., April 29, 2024 (GLOBE NEWSWIRE) -- Cytek Biosciences, Inc. (Nasdaq: CTKB), a leading cell analysis solutions company, today announced it will report financial results for the first qu...

2 months ago - GlobeNewsWire

Cytek® Biosciences Names William McCombe Chief Financial Officer

Experienced executive with extensive background as CFO for global corporations across dynamic sectors Cytek reaffirms 2024 outlook FREMONT, Calif., March 19, 2024 (GLOBE NEWSWIRE) -- Cytek Biosciences...

3 months ago - GlobeNewsWire

Cytek® Biosciences Opens New Facility to Address Increasing Global Demand for Cutting-Edge Cell Analysis Solutions

Cytek Biosciences has opened a 50,000-square-foot facility in Wuxi, China to meet the growing worldwide demand for comprehensive cell analysis solutions

4 months ago - GlobeNewsWire

Cytek Biosciences Reports Fourth Quarter and Full Year 2023 Financial Results and Provides 2024 Outlook

FREMONT, Calif., Feb. 28, 2024 (GLOBE NEWSWIRE) -- Cytek® Biosciences, Inc. (“Cytek Biosciences” or “Cytek”) (Nasdaq: CTKB), a leading cell analysis solutions company, today reported financial results...

4 months ago - GlobeNewsWire

Cytek Biosciences to Participate in Upcoming Investor Conferences

FREMONT, Calif., Feb. 07, 2024 (GLOBE NEWSWIRE) -- Cytek Biosciences, Inc. (Nasdaq: CTKB), a leading cell analysis solutions company, today announced the company will be participating in the following...

5 months ago - GlobeNewsWire

Cytek Biosciences to Report Fourth Quarter and Full Year 2023 Financial Results on February 28, 2024

FREMONT, Calif., Feb. 07, 2024 (GLOBE NEWSWIRE) -- Cytek Biosciences, Inc. (Nasdaq: CTKB), a leading cell analysis solutions company, today announced it will report financial results for the fourth qu...

5 months ago - GlobeNewsWire

Cytek® Biosciences Signs Agreement with CRG and UPF to Accelerate Scientific Discoveries

Cytek Biosciences has signed an agreement with The Centre for Genomic Regulation and the Pompeu Fabra University to accelerate scientific discoveries.

5 months ago - GlobeNewsWire

Cytek Biosciences Announces Preliminary Full Year 2023 Revenue Results

FREMONT, Calif., Jan. 08, 2024 (GLOBE NEWSWIRE) -- Cytek Biosciences, Inc. (Nasdaq: CTKB), a leading cell analysis solutions company, today announced preliminary, unaudited revenue results for the ful...

6 months ago - GlobeNewsWire

Cytek Biosciences to present at the 42nd Annual J.P. Morgan Healthcare Conference

FREMONT, Calif., Dec. 28, 2023 (GLOBE NEWSWIRE) -- Cytek Biosciences, Inc. (Nasdaq: CTKB), a leading cell analysis solutions company, today announced the company will be participating in the upcoming ...

6 months ago - GlobeNewsWire

Cytek® Biosciences Introduces the Cytek Orion™ Reagent Cocktail Preparation System, the First-of-its-Kind Automated Cocktail Preparation Instrument for Flow Cytometry

The new Cytek Orion reagent cocktail preparation system simplifies & accelerates laboratory workflow, assures consistent experimental results & saves time.

6 months ago - GlobeNewsWire

Why these stocks could lose money even if the market gains

According to a study published this summer in The Review of Financial Studies, these vulnerable stocks are the ones that are most difficult to borrow and then sell short.

7 months ago - Market Watch

Cytek Biosciences to participate in the Piper Sandler 35th Annual Healthcare Conference

FREMONT, Calif., Nov. 14, 2023 (GLOBE NEWSWIRE) -- Cytek Biosciences, Inc. (Nasdaq: CTKB), a leading cell analysis solutions company, today announced the company will be participating in the upcoming ...

8 months ago - GlobeNewsWire

Cytek® Aurora™ CS System Wins BioTech Breakthrough Award for ‘Cell Sorting Product of the Year'

The Cytek® Aurora™ CS system has been selected as the “Cell Sorting Product of the Year” in the third annual BioTech Breakthrough Awards program.

8 months ago - GlobeNewsWire

Cytek Biosciences Reports Third Quarter 2023 Financial Results

FREMONT, Calif., Nov. 07, 2023 (GLOBE NEWSWIRE) -- Cytek® Biosciences, Inc. (“Cytek Biosciences” or “Cytek”) (Nasdaq: CTKB), a leading cell analysis solutions company, today reported financial results...

8 months ago - GlobeNewsWire

Cytek Biosciences to Report Third Quarter 2023 Financial Results on November 7, 2023

FREMONT, Calif., Oct. 19, 2023 (GLOBE NEWSWIRE) -- Cytek Biosciences, Inc. (Nasdaq: CTKB), a leading cell analysis solutions company, today announced it will report financial results for the third qua...

9 months ago - GlobeNewsWire

Cytek® Biosciences Achieves ISO 13485 Certification at Headquarters

Certification Validates Company's Commitment to Quality in all Areas, Helping to Advance Roadmap for Translational and Clinical Markets in the United States Certification Validates Company's Commitmen...

9 months ago - GlobeNewsWire

Cytek Biosciences to Participate in the 2023 Cantor Fitzgerald Global Healthcare Conference

FREMONT, Calif., Sept. 20, 2023 (GLOBE NEWSWIRE) -- Cytek Biosciences, Inc. (Nasdaq: CTKB), a leading cell analysis solutions company, today announced the company will be participating in the upcoming...

10 months ago - GlobeNewsWire

Cytek® Biosciences Cell Analysis Solutions Take Center Stage at Upcoming Clinical Conferences in the US and Europe

FREMONT, Calif., Sept. 20, 2023 (GLOBE NEWSWIRE) -- Cytek Biosciences, Inc. (Nasdaq: CTKB), a leading cell analysis solutions company, is furthering its mission to advance the next generation of high ...

10 months ago - GlobeNewsWire

Cytek® Biosciences Launches Educational Roadshow Focused on Spectral Flow Cytometry

The Cytek Reveal Roadshow Will Provide Insights to Accelerate Discoveries – from Basic Science to Highly Complex Assays The Cytek Reveal Roadshow Will Provide Insights to Accelerate Discoveries – from...

10 months ago - GlobeNewsWire

Cytek Biosciences to participate in the Morgan Stanley 21st Annual Global Healthcare Conference

FREMONT, Calif., Sept. 06, 2023 (GLOBE NEWSWIRE) -- Cytek Biosciences, Inc. (Nasdaq: CTKB), a leading cell analysis solutions company, today announced the company will be participating in the upcoming...

10 months ago - GlobeNewsWire