NanoString Technologies, Inc. (NSTG)

NASDAQ: NSTG · IEX Real-Time Price · USD
9.24
+0.13 (1.43%)
Mar 30, 2023, 10:18 AM EDT - Market open
1.43%
Market Cap 432.35M
Revenue (ttm) 127.26M
Net Income (ttm) -159.54M
Shares Out 46.79M
EPS (ttm) -3.44
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 31,092
Open 9.29
Previous Close 9.11
Day's Range 9.22 - 9.36
52-Week Range 4.37 - 37.06
Beta 1.59
Analysts Buy
Price Target 16.90 (+82.9%)
Earnings Date May 9, 2023

About NSTG

NanoString Technologies, Inc. develops, manufactures, and sells tools for scientific and clinical research in the fields of genomics and proteomics in the Americas, Europe, the Middle East, and the Asia Pacific. The company offers nCounter Analysis System, an automated, multi-application, digital detection, and counting system. It provides nCounter MAX and FLEX systems that include Prep Station, an automated liquid handling component that processes and prepares samples for data collection; and nCounter Digital Analyzer, which collects data from... [Read more]

Sector Healthcare
IPO Date Jun 26, 2013
Employees 766
Stock Exchange NASDAQ
Ticker Symbol NSTG
Full Company Profile

Financial Performance

In 2022, NSTG's revenue was $127.26 million, a decrease of -12.28% compared to the previous year's $145.09 million. Losses were -$159.54 million, 38.4% more than in 2021.

Financial Statements

Analyst Forecast

According to 13 analysts, the average rating for NSTG stock is "Buy." The 12-month stock price forecast is $16.9, which is an increase of 82.90% from the latest price.

Price Target
$16.9
(82.90% upside)
Analyst Consensus: Buy
Stock Forecasts

News

NanoString Reports Inducement Grants Under Nasdaq Listing Rules

SEATTLE--(BUSINESS WIRE)--NanoString Technologies, Inc. (Nasdaq: NSTG), a leading provider of life science tools for discovery and translational research, today announced, as required by Nasdaq Stock ...

3 weeks ago - Business Wire

NanoString to Webcast Panel on AI-Based Genomics and Drug Discovery from the 43rd Annual Cowen Health Care Conference

SEATTLE--(BUSINESS WIRE)--NanoString Technologies, Inc. (NASDAQ:NSTG), a leading provider of life science tools for discovery and translational research, today announced that company management is sch...

1 month ago - Business Wire

NanoString Technologies (NSTG) Reports Q4 Loss, Tops Revenue Estimates

NanoString (NSTG) delivered earnings and revenue surprises of -55.74% and 3.84%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?

1 month ago - Zacks Investment Research

NanoString Technologies Releases Fourth Quarter and Full Year 2022 Operating Results and Provides 2023 Financial Outlook

SEATTLE--(BUSINESS WIRE)-- #earnings--NanoString reports Q4 and FY22 operating results.

1 month ago - Business Wire

NanoString to Webcast Presentation from the 43rd Annual Cowen Health Care Conference

SEATTLE--(BUSINESS WIRE)--NanoString Technologies, Inc. (NASDAQ:NSTG), a leading provider of life science tools for discovery and translational research, today announced that company management is sch...

1 month ago - Business Wire

NanoString to Release Fourth Quarter and Fiscal Year 2022 Operating Results and Host Conference Call on Tuesday, February 28, 2023

SEATTLE--(BUSINESS WIRE)-- #earnings--NanoString Technologies, Inc. (NASDAQ:NSTG), a leading provider of life science tools for discovery and translational research, today announced that the Company w...

1 month ago - Business Wire

NanoString Showcases Ultra High-Plex 6K RNA Single Cell Imaging at the 2023 Advances in Genome Biology and Technology (AGBT)

SEATTLE--(BUSINESS WIRE)--NanoString Technologies, Inc. (NASDAQ: NSTG), a leading provider of life science tools for discovery and translational research, today announced an update to the technology...

1 month ago - Business Wire

Weill Cornell Medicine and NanoString Collaborate to Create Comprehensive Spatial Atlas of Human Anatomy

SEATTLE--(BUSINESS WIRE)--NanoString Technologies, Inc. (NASDAQ: NSTG), a leading provider of life science tools for discovery and translational research, announced the launch of the Spatial Atlas o...

2 months ago - Business Wire

NanoString Releases Single Cell Spatial Transcriptomics Dataset Highlighting Data Quality of CosMx Spatial Molecular Imager

SEATTLE--(BUSINESS WIRE)--NanoString Technologies, Inc. (NASDAQ: NSTG), a leading provider of life science tools for discovery and translational research, today announced a public release of new dat...

2 months ago - Business Wire

NanoString Provides Preliminary Financial and Operational Highlights for Fourth Quarter and FY 2022

SEATTLE--(BUSINESS WIRE)--NanoString Technologies, Inc. (NASDAQ:NSTG), a leading provider of life science tools for discovery and translational research, today reported preliminary financial and ope...

2 months ago - Business Wire

NanoString to Present at the 41st Annual J.P. Morgan Healthcare Conference

SEATTLE--(BUSINESS WIRE)--NanoString Technologies, Inc. (NASDAQ:NSTG), a leading provider of life science tools for discovery and translational research, today announced that the company's managemen...

3 months ago - Business Wire

NanoString's CosMx Spatial Molecular Imager Recognized by The Scientist Magazine as a Top 10 Innovation of 2022

SEATTLE--(BUSINESS WIRE)--NanoString Technologies, Inc. (NASDAQ: NSTG), a leading provider of life science tools for discovery and translational research, today announced that the company's CosMx™ S...

3 months ago - Business Wire

NanoString Begins Commercial Shipments of CosMx Spatial Molecular Imager and AtoMx Spatial Informatics Platform

SEATTLE--(BUSINESS WIRE)--NanoString Technologies, Inc. (NASDAQ: NSTG), a leading provider of life science tools for discovery and translational research, today announced the first commercial shipme...

4 months ago - Business Wire

NanoString to Webcast Presentations from Two Upcoming Healthcare Conferences

SEATTLE--(BUSINESS WIRE)-- #earnings--NanoString Technologies, Inc. (NASDAQ:NSTG), a leading provider of life science tools for discovery and translational research, today announced that company manag...

5 months ago - Business Wire

NanoString and Abcam Expand Collaboration to Advance Spatial Multiomics Research

SEATTLE & CAMBRIDGE, United Kingdom--(BUSINESS WIRE)-- #spatialbiology--NanoString Technologies, Inc. (NASDAQ: NSTG), a leading provider of life science tools for discovery and translational research,...

Other symbols: ABCM
5 months ago - Business Wire

NanoString Technologies (NSTG) Reports Q3 Loss, Misses Revenue Estimates

NanoString (NSTG) delivered earnings and revenue surprises of -71.74% and 16.66%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?

5 months ago - Zacks Investment Research

NanoString Technologies Releases Operating Results for Third Quarter of 2022

SEATTLE--(BUSINESS WIRE)-- #earnings--NanoString Technologies, Inc. (NASDAQ:NSTG), a leading provider of life science tools for discovery and translational research, today reported financial results f...

5 months ago - Business Wire

NanoString and Visiopharm Announce Collaboration to Co-develop Integrated Workflows for GeoMx and AtoMx Spatial Biology Solutions

SEATTLE--(BUSINESS WIRE)-- #spatialbiology--NanoString Technologies, Inc. (NASDAQ: NSTG), a leading provider of life science tools for discovery and translational research, and Visiopharm, a world lea...

6 months ago - Business Wire

NanoString to Release Third Quarter 2022 Operating Results and Host Conference Call on Monday, November 7, 2022

SEATTLE--(BUSINESS WIRE)-- #earnings--NanoString Technologies, Inc. (NASDAQ:NSTG), a leading provider of life science tools for discovery and translational research, today announced that the Company w...

6 months ago - Business Wire

Spatial Imaging of 1,000 RNAs and 100 Proteins Using the CosMx Spatial Molecular Imager Published in Nature Biotechnology

SEATTLE--(BUSINESS WIRE)-- #spatialbiology--NanoString announced the publication of its first paper describing the CosMx™ Spatial Molecular Imager's (SMI) in Nature Biotechnology.

6 months ago - Business Wire

NanoString to Webcast Presentations from Upcoming Healthcare Conferences

SEATTLE--(BUSINESS WIRE)-- #earnings--NanoString Technologies, Inc. (NASDAQ:NSTG), a leading provider of life science tools for discovery and translational research, today announced that company manag...

7 months ago - Business Wire

Study Using NanoString's GeoMx Digital Spatial Profiler Featured on the Cover of Nature Genetics

SEATTLE--(BUSINESS WIRE)-- #spatialbiology--NanoString Technologies, Inc. (NASDAQ: NSTG), a leading provider of life science tools for discovery and translational research, today announced a peer-revi...

8 months ago - Business Wire

Wall Street Analysts Think NanoString (NSTG) Could Surge 116%: Read This Before Placing a Bet

The consensus price target hints at an 116.4% upside potential for NanoString (NSTG). While empirical research shows that this sought-after metric is hardly effective, an upward trend in earnings esti...

8 months ago - Zacks Investment Research

NanoString Technologies (NSTG) Reports Q2 Loss, Lags Revenue Estimates

NanoString (NSTG) delivered earnings and revenue surprises of -37.10% and 0.57%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

8 months ago - Zacks Investment Research

NanoString Technologies Releases Operating Results for Second Quarter of 2022

SEATTLE--(BUSINESS WIRE)-- #earnings--NanoString Technologies, Inc. (NASDAQ:NSTG), a leading provider of life science tools for discovery and translational research, today reported financial results f...

8 months ago - Business Wire