Ginkgo Bioworks Holdings, Inc. (DNA)

NYSE: DNA · Real-Time Price · USD
10.08
+1.34 (15.33%)
At close: Dec 20, 2024, 4:00 PM
10.06
-0.02 (-0.20%)
After-hours: Dec 20, 2024, 7:14 PM EST
15.33%
Market Cap 535.07M
Revenue (ttm) 217.95M
Net Income (ttm) -651.19M
Shares Out 53.08M
EPS (ttm) -12.86
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 1,568,396
Open 8.46
Previous Close 8.74
Day's Range 8.40 - 10.53
52-Week Range 5.26 - 74.00
Beta 1.17
Analysts Hold
Price Target 37.80 (+275.0%)
Earnings Date Nov 12, 2024

About DNA

Ginkgo Bioworks Holdings, Inc., together with its subsidiaries, develops platform for cell programming in the United States. Its platform is used to program cells to enable biological production of products, such as novel therapeutics, food ingredients, and chemicals derived from petroleum. It serves pharma and biotech, agriculture, industrial and environment, food and nutrition, consumer and technology, and government and defense industries. Ginkgo Bioworks Holdings, Inc. was founded in 2008 and is headquartered in Boston, Massachusetts. [Read more]

Industry Biotechnology
Sector Healthcare
Founded 2008
Employees 1,218
Stock Exchange NYSE
Ticker Symbol DNA
Full Company Profile

Financial Performance

In 2023, Ginkgo Bioworks Holdings's revenue was $251.46 million, a decrease of -47.36% compared to the previous year's $477.71 million. Losses were -$892.87 million, -57.58% less than in 2022.

Financial Statements

Analyst Forecast

According to 6 analysts, the average rating for DNA stock is "Hold." The 12-month stock price forecast is $37.8, which is an increase of 275.00% from the latest price.

Price Target
$37.8
(275.00% upside)
Analyst Consensus: Hold
Stock Forecasts

News

Ginkgo Bioworks Awarded $9.4 Million in Partnership with Carnegie Mellon University to Develop Implantable Cell-Based Bioelectronic Devices for Disease Treatment Under ARPA-H's REACT Program

Ginkgo Bioworks to apply its mammalian cell engineering expertise to develop new cell-based systems for treating and monitoring endocrine disorders BOSTON , Dec. 17, 2024 /PRNewswire/ -- Ginkgo Biowor...

4 days ago - PRNewsWire

Ginkgo Bioworks: Unproven Transition But 2025 Is Looking Better

Ginkgo Bioworks reported solid Q3 results, but underlying performance was weaker than the financials suggest after accounting for meaningless non-cash revenue. Ginkgo's new business model focuses on u...

4 weeks ago - Seeking Alpha

Ginkgo Bioworks: Not Enough Progress

Ginkgo Bioworks reported mixed Q3 results, with a $45 million one-time revenue boost masking underlying revenue growth issues. Despite cost cutting efforts, Ginkgo continues to report large losses, an...

5 weeks ago - Seeking Alpha

Ginkgo Bioworks Holdings, Inc. (DNA) Q3 2024 Earnings Call Transcript

Ginkgo Bioworks Holdings, Inc. (NYSE:DNA) Q3 2024 Results Conference Call November 12, 2024 5:30 PM ET Company Participants Megan LeDuc - Manager, IR Jason Kelly - Founder, CEO & Director Mark Dmytru...

5 weeks ago - Seeking Alpha

Ginkgo Bioworks Reports Third Quarter 2024 Financial Results

Ginkgo provides update on its restructuring process including an acceleration of site consolidation initiatives and continued progress on cost reductions Ginkgo signs new and expanded deals with Novo ...

5 weeks ago - PRNewsWire

Ginkgo Bioworks Advances Collaboration with Merck to Improve Biologics Manufacturing

BOSTON , Nov. 12, 2024 /PRNewswire/ -- Ginkgo Bioworks (NYSE: DNA), which is building the leading platform for cell programming and biosecurity, today announced the completion of the first milestone o...

5 weeks ago - PRNewsWire

Ginkgo Bioworks Announces Date of Third Quarter 2024 Results Presentation

Presentation and Q&A session scheduled for post-market on Tuesday, November 12, 2024 BOSTON , Nov. 5, 2024 /PRNewswire/ -- Ginkgo Bioworks Holdings, Inc. (NYSE: DNA, "Ginkgo"), which is building the l...

6 weeks ago - PRNewsWire

Ginkgo Bioworks (DNA) Shares Drop Amid Weak Earnings and Sell Ratings

Ginkgo Bioworks Holdings, Inc. (DNA, Financial) experienced a significant decline in its stock price, dropping 5.04% to $7.92 per share with a trading volume of 354,386 shares and a turnover rate of 0...

2 months ago - GuruFocus

Virica Biotech and Ginkgo Bioworks Announce Partnership to Accelerate AAV Gene Therapy Manufacturing

BOSTON & OTTAWA, Ontario--(BUSINESS WIRE)-- #AAV--Virica and Ginkgo announce a strategic partnership to enhance the productivity of adeno-associated virus (AAV) gene therapy manufacturing platforms.

2 months ago - Business Wire

NOVUS Leverages Ginkgo Bioworks to Develop Innovative Feed Additives for Animal Agriculture

BOSTON and CHESTERFIELD, Mo. , Sept. 24, 2024 /PRNewswire/ -- Today, Ginkgo Bioworks (NYSE: DNA), which is building the leading platform for cell programming and biosecurity, announced its new partner...

3 months ago - PRNewsWire

Ginkgo Bioworks Launches Ginkgo Datapoints to Transform AI Model Training in Biology

BOSTON , Sept. 18, 2024 /PRNewswire/ -- Today, Ginkgo Bioworks (NYSE: DNA), which is building the leading platform for cell programming and biosecurity, proudly announces the launch of Ginkgo Datapoin...

3 months ago - PRNewsWire

Ginkgo Bioworks Launches New Protein LLM and Model API Built on Google Cloud Technology

Protein large language model (LLM) designed to help enterprises accelerate drug development coming to Google Cloud's Vertex AI Model Garden soon; one of the first-of-its-kind in the industry Model API...

3 months ago - PRNewsWire

Ginkgo Regains Compliance with NYSE Minimum Bid Price Requirement

BOSTON , Sept. 4, 2024 /PRNewswire/ -- Ginkgo Bioworks Holdings, Inc. (NYSE: DNA, "Ginkgo" or the "Company"), which is building the leading platform for cell programming and biosecurity, today announc...

3 months ago - PRNewsWire

NYSE to Commence Delisting Proceedings with Respect to the Warrants of Ginkgo Bioworks Holdings, Inc. (DNA.WS)

NEW YORK--(BUSINESS WIRE)--The New York Stock Exchange (“NYSE”, the “Exchange”) announced today that the staff of NYSE Regulation has determined to commence proceedings to delist the public warrants (...

3 months ago - Business Wire

Ginkgo Bioworks Announces Participation in the Morgan Stanley 22nd Annual Global Healthcare Conference

BOSTON , Aug. 30, 2024 /PRNewswire/ -- Ginkgo Bioworks Holdings, Inc. (NYSE: DNA), which is building the leading platform for cell programming and biosecurity, today announced that Chief Financial Off...

4 months ago - PRNewsWire

From Promise to Peril: The Downfall of Ginkgo Bioworks

“Our revenue has grown substantially, and we are proud of the progress we've made in establishing strategic partnerships. The robust pipeline of projects we have in place positions us well for continu...

4 months ago - Benzinga

Ginkgo Bioworks: Here Comes The Test

Ginkgo Bioworks has struggled with missed revenue targets, leading to a significant decline in share value. The recent Q2 report showed a 30% decrease in total revenues, with cost structure still a ma...

4 months ago - Seeking Alpha

Ginkgo Bioworks Reports Second Quarter 2024 Financial Results

Ginkgo provides update on its restructuring process including estimated annualized cost savings of over $85 million from reduction in force  BOSTON , Aug. 8, 2024 /PRNewswire/ -- Ginkgo Bioworks Holdi...

4 months ago - PRNewsWire

Global Agriculture Biologicals Testing Market Size To Worth USD 5.61 Billion by 2033 | CAGR of 7.20%

The Global Agriculture Biologicals Testing Market Size was Valued at USD 2.80 Billion in 2023 and the Worldwide Agriculture Biologicals Testing Market Size is Expected to Reach USD 5.61 Billion by 203...

4 months ago - GlobeNewsWire

Ginkgo Bioworks to Hold Special Meeting of Shareholders

Special meeting to take place virtually on August 14, 2024 at 4:00 pm ET BOSTON, Aug. 2, 2024 /PRNewswire/ -- Ginkgo Bioworks Holdings, Inc. (NYSE: DNA, "Ginkgo"), which is building the leading platfo...

5 months ago - PRNewsWire

Ginkgo Bioworks Announces Date of Second Quarter 2024 Results Presentation

Presentation and Q&A session scheduled for post-market on Thursday, August 8, 2024 BOSTON , Aug. 1, 2024 /PRNewswire/ -- Ginkgo Bioworks Holdings, Inc. (NYSE: DNA, "Ginkgo"), which is building the lea...

5 months ago - PRNewsWire

Syngenta collaborates with Ginkgo Bioworks to enable faster launch of innovative biologicals

BASEL, Switzerland & BOSTON--(BUSINESS WIRE)--Syngenta Crop Protection, a leader in agricultural innovation, and Ginkgo Bioworks (NYSE: DNA), which is building the leading platform for cell programmin...

5 months ago - Business Wire

Ginkgo Bioworks to Participate in Two Conferences in May

BOSTON , May 15, 2024 /PRNewswire/ -- Ginkgo Bioworks (NYSE: DNA), which is building the leading platform for cell programming and biosecurity, today announced that management will be participating in...

7 months ago - PRNewsWire

Sojitz Corporation and Ginkgo Bioworks Announce Plans to Use Synthetic Biology R&D Services to Accelerate Sustainable Manufacturing in Japan

Sojitz intends to use its extensive network to help Ginkgo foster business connections within the Japanese bioeconomy TOKYO and BOSTON , May 14, 2024 /PRNewswire/ -- Sojitz, a large Japanese general t...

7 months ago - PRNewsWire

Ginkgo Bioworks Receives Continued Listing Standard Notice From NYSE

Ginkgo's Class A Common Stock continues to trade on the NYSE BOSTON , May 13, 2024 /PRNewswire/ -- Ginkgo Bioworks Holdings, Inc. (NYSE: DNA, "Ginkgo" or the "Company"), which is building the leading ...

7 months ago - PRNewsWire