$6.55
2.50% today
Nasdaq, Dec 30, 10:10 pm CET
ISIN
US23285D1090
Symbol
CTKB

Cytek BioSciences Inc Target price 2024 - Analyst rating & recommendation

Cytek BioSciences Inc Classifications & Recommendation:

Buy
67%
Hold
33%

Cytek BioSciences Inc Price Target

Target Price $8.35
Price $6.39
Potential
Number of Estimates 5
5 Analysts have issued a price target Cytek BioSciences Inc 2025 . The average Cytek BioSciences Inc target price is $8.35. This is higher than the current stock price. The highest price target is , the lowest is .
A rating was issued by 6 analysts: 4 Analysts recommend Cytek BioSciences Inc to buy, 2 to hold and 0 to sell.
Analysts don't have a crystal ball either, but they do represent the opinion of the market quite well. You should not take the price potential and the ratings as a recommendation to act. Rather, they serve as an additional building block for your own opinion or stock analysis.
Analyst Estimates: Analysts believe that the Cytek BioSciences Inc stock has an average upside potential 2025 of . Most analysts recommend the Cytek BioSciences Inc stock at Purchase.

Sales and Margin forecast 2024, 2025 to 2028

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Quarter Annually
Dec '23 2024
Estimates
Revenue Million $ 193.02 204.71
17.67% 6.06%
EBITDA Margin -8.87% 11.08%
423.32% 224.92%
Net Margin -6.05% -3.80%
482.44% 37.20%

6 Analysts have issued a sales forecast Cytek BioSciences Inc 2024 . The average Cytek BioSciences Inc sales estimate is

$205m
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. This is
1.74% higher
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than the revenue of the last 12 months(TTM). The highest sales forecast is
$206m 2.58%
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, the lowest is
$203m 0.93%
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.

This results in the following potential growth metrics:

Revenue Estimates

2023 $193m 17.67%
2024
$205m 6.06%
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2025
$228m 11.14%
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2026
$254m 11.76%
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2027
$289m 13.55%
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2028
$317m 9.80%
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4 Analysts have issued an Cytek BioSciences Inc EBITDA forecast 2024. The average Cytek BioSciences Inc EBITDA estimate is

$22.7m
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. This is
268.43% higher
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than the EBITDA of the last 12 months(TTM). The highest EBITDA forecast is
$25.9m 292.43%
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, the lowest is
$18.9m 240.39%
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.

This results in the following potential growth metrics and future EBITDA Margins:

EBITDA Estimates

2023 $-17.1m 480.44%
2024
$22.7m 232.52%
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2025
$36.7m 61.54%
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2026
$43.8m 19.39%
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2027
$61.3m 40.09%
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2028
$74.2m 21.04%
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EBITDA Margin

2023 -8.87% 423.32%
2024
11.08% 224.92%
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2025
16.11% 45.40%
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2026
17.21% 6.83%
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2027
21.23% 23.36%
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2028
23.41% 10.27%
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3 Cytek BioSciences Inc Analysts have issued a net profit forecast 2024. The average Cytek BioSciences Inc net profit estimate is

$-7.8m
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. This is
24.96% higher
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than the net profit for the last 12 months(TTM). The highest net profit forecast is
$-6.5m 37.49%
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, the lowest is
$-10.4m 0.02%
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.

This results in the following potential growth metrics and future Net Margins:

Net Profit Estimates

2023 $-11.7m 550.00%
2024
$-7.8m 33.30%
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2025
$4.3m 155.58%
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2026
$3.9m 10.16%
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Net Margin

2023 -6.05% 482.44%
2024
-3.80% 37.20%
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2025
1.90% 150.00%
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2026
1.53% 19.47%
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Earnings per share, P/E ratio and EV/sales Estimates 2024, 2025 to 2028

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Quarter Annually
Dec '23 2024
Estimates
Earnings Per Share $ -0.09 -0.06
550.00% 33.33%
P/E negative
EV/Sales 2.83

3 Analysts have issued a Cytek BioSciences Inc forecast for earnings per share. The average Cytek BioSciences Inc <a href=https://blog.stocksguide.com/knowledge/eps-simply-explained>EPS is

$-0.06
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. This is
25.00% higher
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than earnings per share in the financial year 2023. The highest <a href=https://blog.stocksguide.com/knowledge/eps-simply-explained>EPS forecast is
$-0.05 37.50%
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, the lowest is
$-0.08 0.00%
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.

This results in the following potential growth metrics and future valuations:

Earnings Per Share

2023 $-0.09 550.00%
2024
$-0.06 33.33%
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2025
$0.03 150.00%
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2026
$0.03 0.00%
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P/E ratio

Current -82.66 9.69%
2024
-106.50 28.84%
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2025
191.70 280.00%
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2026
213.00 11.11%
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Based on analysts' sales estimates for 2024, the Cytek BioSciences Inc stock is valued at an <a href=https://blog.stocksguide.com/knowledge/enterprise-value-sales-simply-explained>EV/Sales of

and an <a href=https://blog.stocksguide.com/knowledge/price-sales-ratio-simply-explained>P/S ratio of .

This results in the following potential growth metrics and future valuations:

EV/Sales

Current 2.88 48.20%
2024
2.83 1.73%
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2025
2.55 10.02%
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2026
2.28 10.52%
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2027
2.01 11.93%
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2028
1.83 8.92%
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P/S ratio

Current 4.09 41.89%
2024
4.02 1.71%
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2025
3.62 10.02%
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2026
3.24 10.52%
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2027
2.85 11.93%
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2028
2.60 8.93%
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