CTKB icon

Cytek Biosciences

3.71 USD
-0.04
1.07%
At close Apr 30, 4:00 PM EDT
After hours
3.71
+0.00
0.00%
1 day
-1.07%
5 days
-2.11%
1 month
-7.48%
3 months
-34.45%
6 months
-24.29%
Year to date
-43.53%
1 year
-38.27%
5 years
-80.22%
10 years
-80.22%
 

About: Cytek Biosciences Inc is a cell analysis solutions company advancing the next generation of cell analysis tools by leveraging novel technical approaches. Its core instruments, the Cytek Aurora and Northern Lights systems, are the first full-spectrum flow cytometers able to deliver high-resolution, high-content, and high-sensitivity cell analysis by utilizing the full spectrum of fluorescence signatures from multiple lasers to distinguish fluorescent tags on single cells. Its FSP platform addresses the inherent limitations of other technologies by providing a higher density of information with greater sensitivity, more flexibility, and increased efficiency, all at a lower cost for performance. Geographically, the company generates a majority of its revenue from the United States.

Employees: 648

0
Funds holding %
of 7,425 funds
Analysts bullish %

Fund manager confidence

Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)

100% more first-time investments, than exits

New positions opened: 32 | Existing positions closed: 16

36% more repeat investments, than reductions

Existing positions increased: 57 | Existing positions reduced: 42

21% more capital invested

Capital invested by funds: $415M [Q3] → $501M (+$85.9M) [Q4]

11% more funds holding

Funds holding: 136 [Q3] → 151 (+15) [Q4]

2.96% more ownership

Funds ownership: 57.0% [Q3] → 59.95% (+2.96%) [Q4]

Research analyst outlook

2 Wall Street Analysts provided 1 year price targets over the past 3 months

Low target
$6
62%
upside
Avg. target
$7
89%
upside
High target
$8
116%
upside

2 analyst ratings

positive
100%
neutral
0%
negative
0%
Stephens & Co.
Mason Carrico
15% 1-year accuracy
4 / 26 met price target
62%upside
$6
Overweight
Reiterated
19 Mar 2025
Piper Sandler
David Westenberg
45% 1-year accuracy
19 / 42 met price target
116%upside
$8
Overweight
Maintained
4 Mar 2025

Financial journalist opinion

Based on 3 articles about CTKB published over the past 30 days

Neutral
GlobeNewsWire
1 day ago
Cytek® Biosciences Brings Cutting-Edge Cell Analysis Solutions to CYTO and IMMUNOLOGY2025
Cytek Biosciences is showcasing its patented Full Spectrum Profiling™ technology at CYTO 2025 & American Association of Immunologists' (AAI) IMMUNOLOGY2025
Cytek® Biosciences Brings Cutting-Edge Cell Analysis Solutions to CYTO and IMMUNOLOGY2025
Positive
Seeking Alpha
2 days ago
Why Cytek Biosciences Should Beat Q1 Earnings Expectations
There are still growth drivers that may positively play out in future quarters, so I'm still optimistic on Cytek Biosciences. Cytek's FY2024 adjusted EBITDA surged 77% YoY, indicating robust profitability potential, supported by effective cost management and a solid balance sheet. Despite a 41% YTD stock decline, Cytek's innovative FSP tech and growing Cytek Cloud user base signal strong future growth prospects.
Why Cytek Biosciences Should Beat Q1 Earnings Expectations
Neutral
GlobeNewsWire
6 days ago
Cytek Biosciences to Report First Quarter 2025 Financial Results on May 8, 2025
FREMONT, Calif., April 24, 2025 (GLOBE NEWSWIRE) -- Cytek Biosciences, Inc. (“Cytek Biosciences” or “Cytek”) (Nasdaq: CTKB), today announced it will report financial results for the first quarter 2025 after market close on Thursday, May 8, 2025. The company's management will webcast a corresponding conference call beginning at 1:30 p.m. Pacific Time / 4:30 p.m. Eastern Time to discuss its results, business developments and outlook.
Cytek Biosciences to Report First Quarter 2025 Financial Results on May 8, 2025
Neutral
GlobeNewsWire
1 month ago
Cytek® Biosciences Expands Cell Analysis Offerings with the Affordable, User-Friendly Cytek® Muse® Micro System
FREMONT, Calif., March 18, 2025 (GLOBE NEWSWIRE) -- Today, Cytek Biosciences, Inc. (Nasdaq: CTKB) announced that it has added transformative capabilities to its iconic Cytek® Guava® Muse® cell analyzer, creating a next-generation instrument called the Cytek® Muse® Micro.
Cytek® Biosciences Expands Cell Analysis Offerings with the Affordable, User-Friendly Cytek® Muse® Micro System
Neutral
Seeking Alpha
2 months ago
Cytek Biosciences, Inc. (CTKB) Q4 2024 Earnings Conference Call Transcript
Cytek Biosciences, Inc. (NASDAQ:CTKB ) Q4 2024 Earnings Conference Call February 27, 2025 4:30 PM ET Company Participants Paul Goodson - IR Wenbin Jiang - CEO William McCombe - CFO Conference Call Participants David Westenberg - Piper Sandler Matthew Sykes - Goldman Sachs Chad Wiatrowski - TD Cowen Harrison Parsons - Stephens Inc. Operator Thank you for standing by, and good day, everyone. My name is RG, and I will be your conference operator today.
Cytek Biosciences, Inc. (CTKB) Q4 2024 Earnings Conference Call Transcript
Positive
Zacks Investment Research
2 months ago
Cytek Biosciences, Inc. (CTKB) Tops Q4 Earnings Estimates
Cytek Biosciences, Inc. (CTKB) came out with quarterly earnings of $0.07 per share, beating the Zacks Consensus Estimate of $0.06 per share. This compares to earnings of $0.07 per share a year ago.
Cytek Biosciences, Inc. (CTKB) Tops Q4 Earnings Estimates
Neutral
GlobeNewsWire
2 months ago
Cytek Biosciences Reports Fourth Quarter and Full Year 2024 Financial Results and Provides 2025 Outlook
FREMONT, Calif., Feb. 27, 2025 (GLOBE NEWSWIRE) -- Cytek® Biosciences, Inc. (“Cytek Biosciences” or “Cytek”) (Nasdaq: CTKB), a leading cell analysis solutions company, today reported financial results for the fourth quarter and year ended December 31, 2024.
Cytek Biosciences Reports Fourth Quarter and Full Year 2024 Financial Results and Provides 2025 Outlook
Neutral
GlobeNewsWire
2 months ago
Cytek Biosciences to Report Fourth Quarter and Full Year 2024 Financial Results on February 27, 2025
FREMONT, Calif., Feb. 13, 2025 (GLOBE NEWSWIRE) -- Cytek Biosciences, Inc. (“Cytek Biosciences” or “Cytek”) (Nasdaq: CTKB), today announced it will report financial results for the fourth quarter and full year 2024 after market close on Thursday, February 27, 2025. The company's management will webcast a corresponding conference call beginning at 1:30 p.m. Pacific Time / 4:30 p.m. Eastern Time to discuss its results, business developments and outlook.
Cytek Biosciences to Report Fourth Quarter and Full Year 2024 Financial Results on February 27, 2025
Neutral
GlobeNewsWire
2 months ago
Cytek Biosciences to Participate in Upcoming Investor Conferences
FREMONT, Calif., Feb. 05, 2025 (GLOBE NEWSWIRE) -- Cytek Biosciences, Inc. (Nasdaq: CTKB), a leading cell analysis solutions company, today announced the company will be participating in the following investor conferences.
Cytek Biosciences to Participate in Upcoming Investor Conferences
Positive
Seeking Alpha
3 months ago
Upgrading Cytek Biosciences Stock On An Upcoming Catalyst
I'm upgrading Cytek Biosciences from "Hold" to "Buy" due to improving financials, expanding installed base, and strong demand for Aurora and Northern Lights systems. Cytek's Q3 FY2024 revenue up 7% YoY, driven by international demand; service revenue surged 25% YoY, boosting recurring revenue streams. The recently announced buyback plan went unnoticed, based on the EPS estimates revisions.
Upgrading Cytek Biosciences Stock On An Upcoming Catalyst
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