Standard BioTools Inc. (LAB)
NASDAQ: LAB · Real-Time Price · USD
2.110
+0.010 (0.48%)
At close: Nov 5, 2024, 4:00 PM
2.080
-0.030 (-1.42%)
After-hours: Nov 5, 2024, 4:41 PM EST

Standard BioTools Stock Forecast

Stock Price Forecast

The 2 analysts with 12-month price forecasts for Standard BioTools stock have an average target of 2.88, with a low estimate of 2.50 and a high estimate of 3.25. The average target predicts an increase of 36.49% from the current stock price of 2.11.

Analyst Consensus: Strong Buy
Target Low Average Median High
Price $2.50 $2.88 $3.25 $3.25
Change +18.48% +36.49% +54.03% +54.03%

Analyst Ratings

The average analyst rating for LAB stock from 2 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.

Recommendation Trends

Rating Jun '24Jul '24Aug '24Sep '24Oct '24
Strong Buy 22222
Buy 11000
Hold 00000
Sell 00000
Strong Sell 00000
Total 33222

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
TD Cowen
TD Cowen
Strong Buy
Maintains
$2.75$2.5
Strong Buy Maintains $2.75$2.5 +18.48% Oct 31, 2024
TD Cowen
TD Cowen
Strong Buy
Maintains
$3.5$2.75
Strong Buy Maintains $3.5$2.75 +30.33% Aug 1, 2024
TD Cowen
TD Cowen
Strong Buy
Initiates
$3.5
Strong Buy Initiates $3.5 +65.88% Apr 16, 2024
Jefferies
Jefferies
Strong Buy
Initiates
$3.25
Strong Buy Initiates $3.25 +54.03% Apr 4, 2024
Keybanc
Keybanc
Buy
Initiates
$4
Buy Initiates $4 +89.57% Jul 12, 2023
More Analyst Ratings

Financial Forecast

Revenue This Year
172.90M
from 106.34M
Increased by 62.59%
Revenue Next Year
195.78M
from 172.90M
Increased by 13.23%
EPS This Year
-0.46
from -0.94
EPS Next Year
-0.23
from -0.46
Fiscal Year FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026
Period Ending Dec 31, 2019 Dec 31, 2020 Dec 31, 2021 Dec 31, 2022 Dec 31, 2023 Dec 31, 2024 Dec 31, 2025 Dec 31, 2026
Revenue
117.24M138.14M130.58M97.95M106.34M172.90M195.78M236.61M
Revenue Growth
3.79%17.83%-5.47%-24.99%8.57%62.59%13.23%20.86%
EPS
-0.97-0.74-0.78-2.43-0.94-0.46-0.23-0.08
EPS Growth
--------
Forward PE
--------
No. Analysts -----444
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 2024202520262027
High 180.6M 206.3M 255.2M
Avg 172.9M 195.8M 236.6M
Low 166.6M 186.2M 215.4M

Revenue Growth

Revenue Growth 2024202520262027
High
69.8%
19.3%
30.3%
Avg
62.6%
13.2%
20.9%
Low
56.7%
7.7%
10.0%

EPS Forecast

EPS 2024202520262027
High -0.40 -0.20 -0.05
Avg -0.46 -0.23 -0.08
Low -0.53 -0.25 -0.09

EPS Growth

EPS Growth 2024202520262027
High - - -
Avg - - -
Low - - -
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.