Cytek Biosciences, Inc. (CTKB)

NASDAQ: CTKB · IEX Real-Time Price · USD
6.94
+0.08 (1.17%)
Nov 30, 2023, 4:00 PM EST - Market closed
1.17%
Market Cap 940.71M
Revenue (ttm) 183.12M
Net Income (ttm) -14.12M
Shares Out 135.55M
EPS (ttm) -0.10
PE Ratio n/a
Forward PE 48.31
Dividend n/a
Ex-Dividend Date n/a
Volume 1,630,948
Open 6.90
Previous Close 6.86
Day's Range 6.76 - 7.08
52-Week Range 3.80 - 13.77
Beta 0.66
Analysts Buy
Price Target 9.67 (+39.34%)
Earnings Date Nov 7, 2023

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, which leverages full spectrum profiling technology to further broaden potential applications across cell analysis. The comp... [Read more]

Industry Medical Devices
Sector Healthcare
IPO Date Jul 23, 2021
Employees 688
Stock Exchange NASDAQ
Ticker Symbol CTKB
Full Company Profile

Financial Performance

In 2022, CTKB's revenue was $164.04 million, an increase of 28.20% compared to the previous year's $127.95 million. Earnings were $2.58 million, a decrease of -14.16%.

Financial Statements

Analyst Forecast

According to 4 analysts, the average rating for CTKB stock is "Buy." The 12-month stock price forecast is $9.67, which is an increase of 39.34% from the latest price.

Price Target
$9.67
(39.34% upside)
Analyst Consensus: Buy
Stock Forecasts

News

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 ...

16 days 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.

22 days 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...

23 days 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...

6 weeks 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...

2 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...

2 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 ...

2 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...

2 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...

3 months ago - GlobeNewsWire

Cytek Biosciences Appoints Dr. Philippe Busque Senior Vice President of Global Sales & Services

FREMONT, Calif., Aug. 28, 2023 (GLOBE NEWSWIRE) -- Cytek Biosciences, Inc. (Nasdaq: CTKB), a leading cell analysis solutions company, today announced the appointment of Philippe Busque, Ph.D.

3 months ago - GlobeNewsWire

Cytek Biosciences to Participate in the UBS MedTech, Tools and Genomics Summit

FREMONT, Calif., Aug. 10, 2023 (GLOBE NEWSWIRE) -- Cytek Biosciences, Inc. (Nasdaq: CTKB), a leading cell analysis solutions company, today announced the company will be participating in the upcoming ...

4 months ago - GlobeNewsWire

Cytek Biosciences Reports Second Quarter 2023 Financial Results

FREMONT, Calif., Aug. 08, 2023 (GLOBE NEWSWIRE) -- Cytek® Biosciences, Inc. (“Cytek Biosciences” or “Cytek”) (Nasdaq: CTKB) today reported financial results for the second quarter ended June 30, 2023.

4 months ago - GlobeNewsWire

Cytek Biosciences to Report Second Quarter 2023 Financial Results on August 8, 2023

FREMONT, Calif., July 20, 2023 (GLOBE NEWSWIRE) -- Cytek Biosciences, Inc. (Nasdaq: CTKB), a leading cell analysis solutions company, today announced it will report financial results for the second qu...

4 months ago - GlobeNewsWire

Cytek Biosciences to Participate in the 44th Annual Goldman Sachs Healthcare Conference

FREMONT, Calif., May 31, 2023 (GLOBE NEWSWIRE) -- Cytek Biosciences, Inc. (Nasdaq: CTKB), a leading cell analysis solutions company, today announced the company will be participating in the upcoming 4...

6 months ago - GlobeNewsWire

Cytek Biosciences Announces $50 Million Stock Repurchase Program

FREMONT, Calif., May 19, 2023 (GLOBE NEWSWIRE) -- Cytek Biosciences, Inc. (Nasdaq: CTKB), a leading cell analysis solutions company, today announced that its Board of Directors has approved the repurc...

6 months ago - GlobeNewsWire

Cytek® Biosciences Marks Shipment of Its 100th Cell Sorter as the Company Continues to Lead Cell Analysis Forward

FREMONT, Calif., May 16, 2023 (GLOBE NEWSWIRE) -- Cytek Biosciences, Inc. (Nasdaq: CTKB), a leading cell analysis solutions company, announced today that it has shipped its 100th Cytek Aurora CS syste...

7 months ago - GlobeNewsWire

Cytek Biosciences Reports First Quarter 2023 Financial Results

FREMONT, Calif., May 09, 2023 (GLOBE NEWSWIRE) -- Cytek® Biosciences, Inc. (“Cytek Biosciences” or “Cytek”) (Nasdaq: CTKB) today reported financial results for the first quarter ended March 31, 2023.

7 months ago - GlobeNewsWire

Cytek Biosciences to Report First Quarter 2023 Financial Results on May 9, 2023

FREMONT, Calif., April 20, 2023 (GLOBE NEWSWIRE) -- Cytek Biosciences, Inc. (“Cytek Biosciences” or “Cytek”) (Nasdaq: CTKB), today announced it will report financial results for the first quarter 2023...

8 months ago - GlobeNewsWire

Investment in procedural medical devices is safer for valuation, says E Squared's Les Funtleyder

Les Funtleyder, portfolio manager for E Squared Capital Management, joins 'The Exchange' to discuss big cap pharma's Q1 performance, the dollar weakness contributing to biotech gains, and investment o...

8 months ago - CNBC Television

Cytek® Biosciences Introduces New 20-Color AML Panel

Optimized for Cytek Cell Analysis Systems; Single-Tube Panel Accelerates Acute Myeloid Leukemia Research and MRD Detection Optimized for Cytek Cell Analysis Systems; Single-Tube Panel Accelerates Acut...

9 months ago - GlobeNewsWire

Cytek Biosciences Reports Fourth Quarter and Full Year 2022 Financial Results

Full year 2022 revenue increased 28%, or 34% on constant currency basis, compared to prior year

9 months ago - GlobeNewsWire

Sale of Flow Cytometry and Imaging Business From DiaSorin to Cytek® Biosciences Completed

SALUGGIA, Italy, and FREMONT, Calif., Feb. 28, 2023 (GLOBE NEWSWIRE) -- DiaSorin (FTSE MIB: DIA) and Cytek Biosciences, Inc. (Nasdaq: CTKB) today announced that Luminex Corporation, a wholly owned sub...

9 months ago - GlobeNewsWire

Cytek® Biosciences to Acquire Flow Cytometry and Imaging Business from DiaSorin

SALUGGIA, Italy and FREMONT, Calif., Feb. 13, 2023 (GLOBE NEWSWIRE) -- DiaSorin (FTSE MIB: DIA) and Cytek Biosciences, Inc. (Nasdaq: CTKB) today announced that Luminex Corporation, a wholly owned subs...

10 months ago - GlobeNewsWire

Cytek Biosciences to Report Fourth Quarter and Full Year 2022 Financial Results on February 28, 2023

FREMONT, Calif., Feb. 07, 2023 (GLOBE NEWSWIRE) -- Cytek Biosciences, Inc. (“Cytek Biosciences” or “Cytek”) (Nasdaq: CTKB), today announced it will report financial results for the fourth quarter and ...

10 months ago - GlobeNewsWire

Cytek® Biosciences Partners with Bio-Rad to Expand Reagent Portfolios

New Agreement Enhances High-Parameter Panels on Cytek Cell Analysis Systems New Agreement Enhances High-Parameter Panels on Cytek Cell Analysis Systems

10 months ago - GlobeNewsWire