WallStreetZenWallStreetZen

NASDAQ: CTKB
Cytek Biosciences Inc Stock Forecast, Predictions & Price Target

OverviewForecast
EarningsRevenueDividendOwnership

Analyst price target for CTKB

Based on 1 analyst offering 12 month price targets for Cytek Biosciences Inc

Min Forecast
$8.50+31.38%
Avg Forecast
$8.50+31.38%
Max Forecast
$8.50+31.38%

Should I buy or sell CTKB stock?

Based on 1 analyst offering ratings for Cytek Biosciences Inc.

Strong Buy
Strong Buy
1 analysts 100%
Buy
0 analysts 0%
Hold
0 analysts 0%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%
Our proven Zen Rating quant model "Buy" agrees with analyst consensus "Strong Buy" rating. Learn More

Be the first to know when Wall Street analysts revise their CTKB stock forecasts and price targets.

CTKB stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
lockedlocked$00.00+00.00%2024-11-11

1 of 1

Forecast return on equity

Is CTKB forecast to generate an efficient return?

Company
10.36%
Industry
24.91%
Market
70.65%
CTKB's Return on Equity is... subscribe to Premium to read more.
Forecast High Return on Equity Forecast

Forecast return on assets

Is CTKB forecast to generate an efficient return on assets?

Company
8.13%
Industry
12.79%
CTKB is forecast to generate... subscribe to Premium to read more.
Forecast Return on Assets vs Industry Forecast

CTKB earnings per share forecast

What is CTKB's earnings per share in the next 3 years based on estimates from 3 analysts?

Avg 1 year Forecast
-$0.06-100.01%
Avg 2 year Forecast
$0.01-100%
Avg 3 year Forecast
$0.05-99.99%
CTKB's earnings are forecast to... subscribe to Premium to read more.
Forecast High Earnings Growth Forecast

CTKB revenue forecast

What is CTKB's revenue in the next 3 years based on estimates from 3 analysts?

Avg 1 year Forecast
$205.5M+2.11%
Avg 2 year Forecast
$229.9M+14.28%
Avg 3 year Forecast
$261.7M+30.08%
CTKB's revenue is forecast to... subscribe to Premium to read more.
Forecast High Revenue Growth Forecast

CTKB earnings growth forecast

How is CTKB forecast to perform vs Medical Devices companies and vs the US market?

Company
-96.08%
Industry
21.24%
Market
17.31%
CTKB's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Industry Forecast
CTKB's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Market Forecast
CTKB's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Savings Rate Forecast

CTKB revenue growth forecast

How is CTKB forecast to perform vs Medical Devices companies and vs the US market?

Company
8.99%
Industry
6.55%
Market
8.88%
CTKB's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
CTKB's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Market Forecast

CTKB vs Medical Device Stocks

TickerPricePrice TargetUp/downsideConsensus
CTKB$6.47$8.50+31.38%Strong Buy
FNA$10.03$13.33+32.93%Strong Buy
AVNS$18.47N/AN/A
BVS$11.68$16.00+36.99%Strong Buy
OFIX$18.62$23.00+23.52%Strong Buy
View Top Medical Device Stocks

Cytek Biosciences Stock Forecast FAQ

Is Cytek Biosciences Stock a good buy in 2024, according to Wall Street analysts?

The consensus among 1 Wall Street analyst covering (NASDAQ: CTKB) stock is to Strong Buy CTKB stock.

Out of 1 analyst, 1 (100%) are recommending CTKB as a Strong Buy, 0 (0%) are recommending CTKB as a Buy, 0 (0%) are recommending CTKB as a Hold, 0 (0%) are recommending CTKB as a Sell, and 0 (0%) are recommending CTKB as a Strong Sell.

If you're new to stock investing, here's how to buy Cytek Biosciences stock.

What is CTKB's earnings growth forecast for 2024-2026?

(NASDAQ: CTKB) Cytek Biosciences's forecast annual earnings growth rate of -96.08% is not forecast to beat the US Medical Devices industry's average forecast earnings growth rate of 21.24%, and while it is not forecast to beat the US market's average forecast earnings growth rate of 17.31%.

Cytek Biosciences's earnings in 2024 is -$10,159,000.On average, 3 Wall Street analysts forecast CTKB's earnings for 2024 to be -$7,728,637, with the lowest CTKB earnings forecast at -$10,304,849, and the highest CTKB earnings forecast at -$6,440,531. On average, 3 Wall Street analysts forecast CTKB's earnings for 2025 to be $863,031, with the lowest CTKB earnings forecast at -$1,288,106, and the highest CTKB earnings forecast at $5,152,425.

In 2026, CTKB is forecast to generate $6,865,606 in earnings, with the lowest earnings forecast at $2,576,212 and the highest earnings forecast at $12,881,061.

What is CTKB's revenue growth forecast for 2024-2026?

(NASDAQ: CTKB) Cytek Biosciences's forecast annual revenue growth rate of 8.99% is forecast to beat the US Medical Devices industry's average forecast revenue growth rate of 6.55%, and it is also forecast to beat the US market's average forecast revenue growth rate of 8.88%.

Cytek Biosciences's revenue in 2024 is $201,210,000.On average, 3 Wall Street analysts forecast CTKB's revenue for 2024 to be $26,465,815,184, with the lowest CTKB revenue forecast at $26,405,016,574, and the highest CTKB revenue forecast at $26,586,510,730. On average, 3 Wall Street analysts forecast CTKB's revenue for 2025 to be $29,618,712,583, with the lowest CTKB revenue forecast at $28,119,357,036, and the highest CTKB revenue forecast at $30,407,033,541.

In 2026, CTKB is forecast to generate $33,712,829,139 in revenue, with the lowest revenue forecast at $31,726,054,228 and the highest revenue forecast at $34,779,123,401.

What is CTKB's forecast return on assets (ROA) for 2024-2027?

(NASDAQ: CTKB) forecast ROA is 8.13%, which is lower than the forecast US Medical Devices industry average of 12.79%.

What is CTKB's Price Target?

According to 1 Wall Street analyst that have issued a 1 year CTKB price target, the average CTKB price target is $8.50, with the highest CTKB stock price forecast at $8.50 and the lowest CTKB stock price forecast at $8.50.

The Wall Street analyst predicted that Cytek Biosciences's share price could reach $8.50 by Nov 11, 2025. The average Cytek Biosciences stock price prediction forecasts a potential upside of 31.38% from the current CTKB share price of $6.47.

What is CTKB's Earnings Per Share (EPS) forecast for 2024-2026?

(NASDAQ: CTKB) Cytek Biosciences's current Earnings Per Share (EPS) is $940.91. On average, analysts forecast that CTKB's EPS will be -$0.06 for 2024, with the lowest EPS forecast at -$0.08, and the highest EPS forecast at -$0.05. On average, analysts forecast that CTKB's EPS will be $0.01 for 2025, with the lowest EPS forecast at -$0.01, and the highest EPS forecast at $0.04. In 2026, CTKB's EPS is forecast to hit $0.05 (min: $0.02, max: $0.10).

What is CTKB's forecast return on equity (ROE) for 2024-2027?

(NASDAQ: CTKB) forecast ROE is 10.36%, which is considered weak.
©2024 WallStreetZen
Company
AboutNewsBlogStock Investing FAQPlansPrivacy PolicyTerms of ServiceCancellation & RefundsPerformanceHelp GuidesContactTwitterYouTubeNewsletter
Stock Tools
Top Performing AnalystsStock ScreenerStock ForecastTrending StocksStrong Buy StocksHighest Earnings StocksBest Dividend Paying StocksStatisticsStock Market SectorsStock Market IndustriesHow to Buy Stocks Online
Stock Ideas
Buy The DipBiggest Stock Gainers TodayBiggest Stock Losers Today52 Week High Stocks52 Week Low StocksMost Active Stocks TodayMost Undervalued StocksBest Penny Stocks to Buy NowBest Stocks Under $5Best Stocks Under $10
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.