SomaLogic, Inc. (SLGC)

NASDAQ: SLGC · IEX Real-Time Price · USD
2.27
+0.01 (0.44%)
At close: Sep 22, 2023, 4:00 PM
2.26
-0.01 (-0.44%)
After-hours: Sep 22, 2023, 4:25 PM EDT
0.44%
Market Cap 426.92M
Revenue (ttm) 101.39M
Net Income (ttm) -141.17M
Shares Out 188.07M
EPS (ttm) -0.75
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 663,726
Open 2.28
Previous Close 2.26
Day's Range 2.24 - 2.32
52-Week Range 1.93 - 3.79
Beta 1.67
Analysts Strong Buy
Price Target 6.33 (+178.86%)
Earnings Date Nov 13, 2023

About SLGC

SomaLogic, Inc. operates as a protein biomarker discovery and clinical diagnostics company in the United States. It develops slow off-rate modified aptamers (SOMAmers), which are modified nucleic acid-based protein binding reagents that are specific for its cognate protein; and offers proprietary SomaScan services, which provide multiplex protein detection and quantification of protein levels in complex biological samples. The company's SOMAmers/SomaScan technology enables researchers to analyze various biological samples for protein biomarker ... [Read more]

Sector Healthcare
Founded 2000
Employees 451
Stock Exchange NASDAQ
Ticker Symbol SLGC
Full Company Profile

Financial Performance

In 2022, SomaLogic's revenue was $97.67 million, an increase of 19.65% compared to the previous year's $81.63 million. Losses were -$109.16 million, 24.7% more than in 2021.

Financial Statements

Analyst Forecast

According to 3 analysts, the average rating for SLGC stock is "Strong Buy." The 12-month stock price forecast is $6.33, which is an increase of 178.86% from the latest price.

Price Target
$6.33
(178.86% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

SomaLogic and Korea's DNA Link partner to bring the 7,000-plex SomaScan® platform to the fast-growing Asia-Pacific proteomics market

DNA Link will bring the power of the largest proteomics platform available to their biomarker discovery and drug development work DNA Link will bring the power of the largest proteomics platform avail...

4 days ago - GlobeNewsWire

SomaLogic researchers identify key proteins to aid in early detection of lung, colon and breast cancer and ovarian tumors

SomaLogic's SomaScan® platform was used to target 15 markers shared among all cancer types. SomaLogic's SomaScan® platform was used to target 15 markers shared among all cancer types.

11 days ago - GlobeNewsWire

SomaLogic expands agreement with Novo Nordisk to 2025

Novo Nordisk will extend its use of SomaLogic's innovative proteomics technologies for research in cardiometabolic and other diseases Novo Nordisk will extend its use of SomaLogic's innovative proteom...

18 days ago - GlobeNewsWire

SomaLogic Reports Second Quarter 2023 Financial Results

BOULDER, Colo., Aug. 14, 2023 (GLOBE NEWSWIRE) -- SomaLogic, Inc., a leader in proteomics technology, today reported financial results for the quarter ended June 30, 2023.

5 weeks ago - GlobeNewsWire

SomaLogic to Announce Second Quarter 2023 Financial Results on August 14, 2023

BOULDER, Colo., July 24, 2023 (GLOBE NEWSWIRE) -- SomaLogic, Inc., a leader in proteomics technology, today announced that it will report financial results for the second quarter 2023 after market clo...

2 months ago - GlobeNewsWire

SomaLogic partners with Dante Genomics to enhance clinical and research adoption of proteomics in Europe

SomaLogic's 7,000-plex SomaScan® Platform will be used in proteomics testing at scale in Europe. BOULDER, Colo.

2 months ago - PRNewsWire

Nanomaterials: The future of healthcare and electronics

SkyQuest's Nanomaterials market report provides actionable insights for individuals interested in valuable data, trends, and opportunities in a rapidly growing industry. Additionally, the report is pr...

3 months ago - GlobeNewsWire

SomaLogic Partners with Citogen to Expand Authorized Site Program in Europe

SomaLogic's 7,000-plex SomaScan® Platform will be used in clinical research, population health studies and nutrigenomics. SomaLogic's 7,000-plex SomaScan® Platform will be used in clinical research, p...

3 months ago - GlobeNewsWire

SomaLogic Announces Chief Financial Officer Transition

Appoints Eliot M. Lurier, CPA, as Interim Chief Financial Officer Reaffirms 2023 Financial Guidance BOULDER, Colo.

3 months ago - GlobeNewsWire

SomaLogic to Participate in the Jefferies Healthcare Conference

BOULDER, Colo., May 24, 2023 (GLOBE NEWSWIRE) -- SomaLogic, Inc., a leader in proteomics technology, today announced that the company will be participating in the upcoming Jefferies Healthcare Confere...

4 months ago - GlobeNewsWire

SomaLogic expands into China with groundbreaking Biostar Technology Limited Partnership

SomaLogic to deliver 7,000-plex SomaScan® Platform to researchers in attractive Chinese proteomics market SomaLogic to deliver 7,000-plex SomaScan® Platform to researchers in attractive Chinese proteo...

4 months ago - GlobeNewsWire

SomaLogic opens their first-ever proteomics grant program to APAC life sciences researchers

Two winners will be awarded 40 human plasma or serum samples to be processed on the SomaScan ® Platform at Genomax's Singapore lab

4 months ago - GlobeNewsWire

SomaLogic, Inc. (SLGC) Shareholder Investigation: Robbins LLP is Investigating SomaLogic, Inc. on behalf of Shareholders

SAN DIEGO--(BUSINESS WIRE)---- $SLGC #CorvexManagement--SomaLogic, Inc.

5 months ago - Business Wire

SomaLogic to Announce First Quarter 2023 Financial Results on May 11, 2023

BOULDER, Colo., April 20, 2023 (GLOBE NEWSWIRE) -- SomaLogic, Inc., a leader in proteomics technology, today announced that it will report financial results for the first quarter 2023 after market clo...

5 months ago - GlobeNewsWire

SomaLogic Reports Fourth Quarter and Full Year 2022 Financial Results, Announces Director Appointments and Management Evolution

BOULDER, Colo., March 28, 2023 (GLOBE NEWSWIRE) -- SomaLogic, Inc., a leader in proteomics technology, today reported financial results for the quarter and year ended December 31, 2022 and announced a...

6 months ago - GlobeNewsWire

Oxford Population Health and SomaLogic deliver 28 million proteomic data points on China Kadoorie Biobank samples

BOULDER, Colo., March 13, 2023 (GLOBE NEWSWIRE) -- SomaLogic, Inc., a leader in proteomics technology, recently completed the 7,000-plex assay on and delivered data for 4,000 plasma samples from the C...

6 months ago - GlobeNewsWire

SomaLogic to Announce Fourth Quarter and Full Year 2022 Financial Results

BOULDER, Colo., March 09, 2023 (GLOBE NEWSWIRE) -- SomaLogic, Inc., a leader in proteomics technology, today announced that it will report financial results for the fourth quarter and full year 2022 a...

7 months ago - GlobeNewsWire

SomaLogic announces Certified Site expansion through world-class multiomics initiative with Group 42 Healthcare

BOULDER, Colo., Jan. 31, 2023 (GLOBE NEWSWIRE) -- SomaLogic (NASDAQ: SLGC), a leader in data-driven proteomics technology, today announced the expansion of its SomaLogic™ Certified Site program throug...

8 months ago - GlobeNewsWire

SomaLogic Announces Preliminary Full Year 2022 Revenue and Provides Organizational and Strategic Updates

Presenting at the 41st Annual J.P. Morgan Healthcare Conference on Thursday, January 12, 2023, at 11:15 a.m. Pacific Time Presenting at the 41st Annual J.P. Morgan Healthcare Conference on Thursday, J...

9 months ago - GlobeNewsWire

SomaLogic to Participate in the 41st Annual J.P. Morgan Healthcare Conference

BOULDER, Colo., Dec. 29, 2022 (GLOBE NEWSWIRE) -- SomaLogic, Inc., a leader in proteomics technology, today announced that the company will be participating in the upcoming 41st Annual J.P. Morgan Hea...

9 months ago - GlobeNewsWire

FonesLife offers the 7,000-plex SomaScan® Platform as Japan's first SomaLogic™ Certified Site

TOKYO and BOULDER, Colo., Dec. 19, 2022 (GLOBE NEWSWIRE) -- SomaLogic, Inc., a leader in proteomic technology, announced today that Tokyo-based FonesLife Corporation, will be the first SomaLogic™ Cert...

9 months ago - GlobeNewsWire

Proteomics labs worldwide can now access SomaLogic's industry-leading 7,000-plex SomaScan® Assay with the Certified Site program

BOULDER, Colo., Dec. 07, 2022 (GLOBE NEWSWIRE) --  SomaLogic, Inc., a leader in proteomics technology, announced today the full-scale global launch of the SomaLogic™ Certified Site program, which will...

10 months ago - GlobeNewsWire

SomaLogic Reports Third Quarter 2022 Financial Results

BOULDER, Colo., Nov. 14, 2022 (GLOBE NEWSWIRE) -- SomaLogic (NASDAQ: SLGC), a leader in AI data-driven proteomics technology, today reported financial results for the quarter ended September 30, 2022.

11 months ago - GlobeNewsWire

SomaLogic presents new research at American Heart Association Scientific Sessions that illustrates the power of proteomics in addressing cardiovascular disease

SomaLogic and prominent research partners will lead five sessions about CVD and other leading causes of death SomaLogic and prominent research partners will lead five sessions about CVD and other lead...

11 months ago - GlobeNewsWire

SomaLogic's 7K SomaScan® Platform receives high marks in independent technical assessment by researchers at the National Institutes of Health

BOULDER, Colo., Oct. 27, 2022 (GLOBE NEWSWIRE) -- In a recent paper published earlier this month in Nature Scientific Reports, researchers at the National Institutes of Health conducted what may be th...

11 months ago - GlobeNewsWire