Standard BioTools Inc. (LAB)

NASDAQ: LAB · Real-Time Price · USD
1.610
+0.100 (6.62%)
At close: Nov 20, 2024, 4:00 PM
1.570
-0.040 (-2.48%)
After-hours: Nov 20, 2024, 7:03 PM EST
6.62%
Market Cap 599.34M
Revenue (ttm) 155.90M
Net Income (ttm) -170.60M
Shares Out 372.26M
EPS (ttm) -0.62
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 3,141,249
Open 1.510
Previous Close 1.510
Day's Range 1.480 - 1.690
52-Week Range 1.210 - 3.040
Beta 1.57
Analysts Strong Buy
Price Target 2.88 (+78.88%)
Earnings Date Oct 30, 2024

About LAB

Standard BioTools Inc., together with its subsidiaries, provides instruments, consumables, reagents, and software services for researchers and clinical laboratories in the Americas, Europe, the Middle East, Africa, and the Asia pacific. It operates through two segments: Proteomics and Genomics. The company offers analytical systems, such as CyTOF XT System, a CyTOF XT mass cytometry system performs automated high-parameter single-cell analysis using antibodies conjugated to metal isotopes; and Hyperion XTi imaging system, a spatial biology inst... [Read more]

Industry Medical Devices
Sector Healthcare
IPO Date Feb 10, 2011
Employees 539
Stock Exchange NASDAQ
Ticker Symbol LAB
Full Company Profile

Financial Performance

In 2023, Standard BioTools's revenue was $106.34 million, an increase of 8.57% compared to the previous year's $97.95 million. Losses were -$74.66 million, -60.73% less than in 2022.

Financial Statements

Analyst Forecast

According to 2 analysts, the average rating for LAB stock is "Strong Buy." The 12-month stock price forecast is $2.88, which is an increase of 78.88% from the latest price.

Price Target
$2.88
(78.88% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Standard BioTools Appoints Alex Kim as Chief Financial Officer

SOUTH SAN FRANCISCO, Calif., Nov. 07, 2024 (GLOBE NEWSWIRE) -- Standard BioTools Inc. (“Standard BioTools” or the “Company”) (Nasdaq: LAB) today announced the appointment of Alex Kim as Chief Financia...

13 days ago - GlobeNewsWire

Standard BioTools to Participate in Upcoming Investor Conferences

SOUTH SAN FRANCISCO, Calif., Oct. 31, 2024 (GLOBE NEWSWIRE) -- Standard BioTools Inc. (NASDAQ: LAB) today announced that its management team will participate in the following investor conferences in t...

20 days ago - GlobeNewsWire

Standard BioTools Inc. (LAB) Q3 2024 Earnings Call Transcript

Standard BioTools Inc. (NASDAQ:LAB) Q3 2024 Earnings Conference Call October 30, 2024 4:30 PM ET Company Participants David Holmes - IR Michael Egholm - President & CEO Alex Kim - Chief Operating Off...

21 days ago - Seeking Alpha

Standard BioTools Reports Third Quarter 2024 Financial Results

SOUTH SAN FRANCISCO, Calif., Oct. 30, 2024 (GLOBE NEWSWIRE) -- Standard BioTools Inc. (NASDAQ: LAB) (the “Company”) today announced unaudited interim financial results for the third quarter ended Sept...

21 days ago - GlobeNewsWire

Standard BioTools Announces Conference Call and Webcast for Third Quarter 2024 Financial Results on October 30, 2024

SOUTH SAN FRANCISCO, Calif., Oct. 16, 2024 (GLOBE NEWSWIRE) -- Standard BioTools Inc. (NASDAQ: LAB) today announced that it will report third quarter 2024 financial results on Wednesday, October 30, 2...

5 weeks ago - GlobeNewsWire

Standard BioTools And 2 Other Penny Stocks Executives Are Buying

The Dow Jones index closed higher by around 10 points on Tuesday. When insiders purchase or sell shares, it indicates their confidence or concern around the company's prospects.

3 months ago - Benzinga

Standard BioTools And 3 Other Stocks Under $3 Executives Are Buying

The Dow Jones index closed higher by around 0.2% on Monday. When insiders purchase or sell shares, it indicates their confidence or concern around the company's prospects.

3 months ago - Benzinga

Standard BioTools Inc. (LAB) Q2 2024 Earnings Call Transcript

Standard BioTools Inc. (NASDAQ:LAB) Q2 2024 Earnings Conference Call July 31, 2024 4:30 PM ET Company Participants David Holmes - IR Michael Egholm - President and CEO Jeff Black - CFO Conference Cal...

4 months ago - Seeking Alpha

Standard BioTools Announces Senior Leadership Changes

Alex Kim, Chief Operating Officer and Standard BioTools Co-Founder, to Serve as interim Chief Financial Officer Following Departure of Jeffrey Black on August 31, 2024 Industry Veteran Sean Mackay Nam...

4 months ago - GlobeNewsWire

Standard BioTools Reports Second Quarter 2024 Financial Results

Delivered revenue of $37.2 million Accelerated merger synergies with $80 million expected to be operationalized in 2024  Revised FY2024 revenue guidance; on-track to achieve anticipated break-even adj...

4 months ago - GlobeNewsWire

Standard BioTools Announces Conference Call and Webcast for Second Quarter 2024 Financial Results on July 31, 2024

SOUTH SAN FRANCISCO, Calif., July 17, 2024 (GLOBE NEWSWIRE) -- Standard BioTools Inc. (“Standard BioTools” or the “Company”) (Nasdaq: LAB) today announced that it will report second quarter 2024 finan...

4 months ago - GlobeNewsWire

Standard BioTools Purchases the Carterra® LSA-XT System to Accelerate Data Delivery and Provide Greater Validation to SomaScan Customers

SOUTH SAN FRANCISCO, Calif and SALT LAKE CITY, May 28, 2024 (GLOBE NEWSWIRE) -- Standard BioTools Inc. (Nasdaq:LAB) today announced that it has purchased the LSAXT system from Carterra®, a leading pro...

6 months ago - GlobeNewsWire

Lab Instrument Industry Update - New Commercial Entrants

Lab Instrument and Services providers in the healthcare industry can generate high recurring revenues. Many loss-making instrument makers in the industry may not provide meaningful returns and carry h...

6 months ago - Seeking Alpha

Standard BioTools Inc. Announces Inducement Grant Under Nasdaq Listing Rule 5635(c)(4)

SOUTH SAN FRANCISCO, Calif., May 20, 2024 (GLOBE NEWSWIRE) -- Standard BioTools Inc. (“Standard BioTools”) (Nasdaq:LAB) today announced that the Human Capital Committee of its Board of Directors, whic...

6 months ago - GlobeNewsWire

Standard BioTools Inc. (LAB) Q1 2024 Earnings Call Transcript

Standard BioTools Inc. (NASDAQ:LAB) Q1 2024 Earnings Conference Call May 8, 2024 4:30 PM ET Company Participants David Holmes - Investor Relations Michael Egholm - President and Chief Executive Offic...

6 months ago - Seeking Alpha

Standard BioTools Reports First Quarter 2024 Financial Results

SOUTH SAN FRANCISCO, Calif., May 08, 2024 (GLOBE NEWSWIRE) -- Standard BioTools Inc. (“Standard BioTools” or the “Company”) (Nasdaq: LAB) today announced financial results for the first quarter ended ...

7 months ago - GlobeNewsWire

Standard BioTools Announces Operational Restructuring Plan to Drive Long-Term Profitable Growth

SOUTH SAN FRANCISCO, Calif., April 25, 2024 (GLOBE NEWSWIRE) -- Standard BioTools Inc. (“Standard BioTools” or the “Company”) (Nasdaq: LAB) today announced that it has initiated a restructuring plan t...

7 months ago - GlobeNewsWire

Standard BioTools Introduces New High-Throughput Multiplexed Whole Slide Imaging Modalities Set to Redefine the boundaries of Tissue Imaging

New advancements, including automation, aim to fast-forward spatial biology New advancements, including automation, aim to fast-forward spatial biology

8 months ago - GlobeNewsWire

Standard BioTools Announces Multi-Year Strategic Engagement with Bristol Myers Squibb for Use of the SomaScan® Platform for Translational Medicine Research

SOUTH SAN FRANCISCO, Calif., April 03, 2024 (GLOBE NEWSWIRE) -- Standard BioTools Inc. (Nasdaq:LAB), driven by a bold purpose – Unleashing tools to accelerate breakthroughs in human health™ – today an...

8 months ago - GlobeNewsWire

Standard BioTools Announces Exchange of All Outstanding Series B Convertible Preferred Stock for Common Stock

SOUTH SAN FRANCISCO, Calif., March 18, 2024 (GLOBE NEWSWIRE) -- Standard BioTools Inc. (“Standard BioTools” or the “Company”) (Nasdaq: LAB) today announced that it has exchanged all outstanding shares...

8 months ago - GlobeNewsWire

Standard BioTools Inc. (LAB) Q4 2023 Earnings Call Transcript

Standard BioTools Inc. (LAB) Q4 2023 Earnings Call Transcript

9 months ago - Seeking Alpha

Standard BioTools Reports Fourth Quarter and Full Year 2023 Financial Results

SOUTH SAN FRANCISCO, Calif., Feb. 28, 2024 (GLOBE NEWSWIRE) -- Standard BioTools Inc. (“Standard BioTools” or the “Company”) (Nasdaq: LAB) today announced financial results for the fourth quarter and ...

9 months ago - GlobeNewsWire

Standard BioTools Announces Conference Call and Webcast for Fourth Quarter and Full Year 2023 Financial Results on February 28, 2024

SOUTH SAN FRANCISCO, Calif., Feb. 14, 2024 (GLOBE NEWSWIRE) -- Standard BioTools Inc. (Nasdaq:LAB), driven by a bold purpose – Unleashing tools to accelerate breakthroughs in human health™ – today ann...

10 months ago - GlobeNewsWire

Standard BioTools and Navignostics Announce Collaboration Agreement to Advance Imaging Capabilities in Personalized Medicine

Increasing access to Imaging Mass Cytometry in pharmaceutical and clinical research settings Increasing access to Imaging Mass Cytometry in pharmaceutical and clinical research settings

10 months ago - GlobeNewsWire

Standard BioTools Announces Preliminary Fourth Quarter and Full Year 2023 Revenue

Achieving scale with pro forma full year 2023 revenue of approximately $192 million Achieving scale with pro forma full year 2023 revenue of approximately $192 million

11 months ago - GlobeNewsWire