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NASDAQ:NSTG

NanoString Technologies - NSTG Stock Forecast, Price & News

$12.64
-0.22 (-1.71%)
(As of 09/27/2022 05:10 PM ET)
Add
Compare
Today's Range
$12.53
$13.41
50-Day Range
$11.59
$17.34
52-Week Range
$11.12
$51.20
Volume
574,402 shs
Average Volume
749,575 shs
Market Capitalization
$587.68 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$39.14

NanoString Technologies MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.80 Rating Score
Upside/​Downside
210.9% Upside
$39.14 Price Target
Short Interest
Bearish
10.56% of Shares Sold Short
Dividend Strength
N/A
Sustainability
-1.07
Upright™ Environmental Score
News Sentiment
0.64mentions of NanoString Technologies in the last 14 days
Based on 4 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
Growing
From ($2.55) to ($1.92) Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.87 out of 5 stars

Medical Sector

809th out of 1,071 stocks

Biological Products, Except Diagnostic Industry

136th out of 172 stocks

NSTG stock logo

About NanoString Technologies (NASDAQ:NSTG) Stock

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 samples by taking images of the immobilized fluorescent reporters in the sample cartridge and processing the data into output files. The company also offers nCounter SPRINT Profiler, an instrument that provides liquid handling steps and the digital analysis through use of a microfluidic cartridge; and nSolver Analysis Software, a data analysis program that enables researchers to check, normalize, and analyze their data. In addition, it provides custom CodeSets; panels with oncology, immunology and infectious disease, and neuroscience applications. Further, the company offers Master Kits, such as ancillary reagents and plasticware to setup and process samples in the nCounter Prep Station and nCounter Digital Analyzer; and Prosigna molecular diagnostic test kits. The company is also developing GeoMx DSP system to enable the field of spatial genomics. It has collaboration with Lam Research Corporation for the research and development of Hyb & Seq technologies; Celgene Corporation for developing LymphMark, an in vitro diagnostic for the treatment of diffuse large B-cell lymphoma; and Parker Institute for Cancer Immunotherapy to develop CAR-T regimens that enhances patient outcomes for various types of cancer. NanoString Technologies, Inc. was incorporated in 2003 and is headquartered in Seattle, Washington.

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NSTG Stock News Headlines

NanoString Technologies (NASDAQ:NSTG) Shares Gap Down to $14.67
NanoString Technologies (NASDAQ:NSTG) Shares Gap Down to $15.72
NanoString Technologies (NASDAQ:NSTG) Trading 5.1% Higher
See More Headlines
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NSTG Company Calendar

Last Earnings
8/04/2022
Today
9/27/2022
Next Earnings (Estimated)
11/08/2022
Fiscal Year End
12/31/2022

Industry, Sector and Symbol

Industry
Biological products, except diagnostic
Sub-Industry
N/A
Sector
Medical
Current Symbol
NASDAQ:NSTG
Employees
766
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$39.14
High Stock Price Forecast
$70.00
Low Stock Price Forecast
$21.00
Forecasted Upside/Downside
+209.7%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.80
Research Coverage
5 Analysts

Profitability

Net Income
$-115,250,000.00
Pretax Margin
-97.25%

Debt

Sales & Book Value

Annual Sales
$145.09 million
Book Value
$3.88 per share

Miscellaneous

Free Float
45,332,000
Market Cap
$587.68 million
Optionable
Optionable
Beta
1.87

Key Executives

  • Mr. R. Bradley GrayMr. R. Bradley Gray (Age 45)
    CEO, Pres & Director
    Comp: $1.12M
  • Mr. K. Thomas Bailey M.B.A.Mr. K. Thomas Bailey M.B.A. (Age 53)
    Chief Financial Officer
    Comp: $629.08k
  • Dr. Joseph M. BeechemDr. Joseph M. Beechem (Age 64)
    Chief Scientific Officer and Sr. VP of R&D
    Comp: $630.82k
  • Mr. J. Chad Brown (Age 64)
    Sr. Advisor
    Comp: $599.59k
  • Mr. Mark A. Winham
    Sr. VP of Operations
  • Mr. Douglas S. Farrell
    VP of Investor Relations & Corp. Communications
  • Ms. Kathryn Surace-Smith (Age 63)
    Sr. VP of HR & Legal Affairs and Corp. Sec.
  • Mr. David W. Ghesquiere (Age 55)
    Sr. VP of Corp. & Bus. Devel.
  • Elizabeth Schneider Ph.D.
    Sr. Global Marketing Mang.
  • Dr. Mary Tedd Allen (Age 59)
    Sr. VP of Strategic Initiatives













NSTG Stock - Frequently Asked Questions

Should I buy or sell NanoString Technologies stock right now?

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for NanoString Technologies in the last year. There are currently 1 hold rating and 4 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" NSTG shares.
View NSTG analyst ratings
or view top-rated stocks.

What is NanoString Technologies' stock price forecast for 2022?

5 Wall Street research analysts have issued 1 year target prices for NanoString Technologies' stock. Their NSTG share price forecasts range from $21.00 to $70.00. On average, they anticipate the company's stock price to reach $39.14 in the next year. This suggests a possible upside of 202.7% from the stock's current price.
View analysts price targets for NSTG
or view top-rated stocks among Wall Street analysts.

How have NSTG shares performed in 2022?

NanoString Technologies' stock was trading at $42.23 at the beginning of 2022. Since then, NSTG stock has decreased by 69.4% and is now trading at $12.93.
View the best growth stocks for 2022 here
.

When is NanoString Technologies' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, November 8th 2022.
View our NSTG earnings forecast
.

How were NanoString Technologies' earnings last quarter?

NanoString Technologies, Inc. (NASDAQ:NSTG) issued its earnings results on Thursday, August, 4th. The biotechnology company reported ($0.85) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.62) by $0.23. The biotechnology company had revenue of $32.22 million for the quarter, compared to the consensus estimate of $32.32 million. NanoString Technologies had a negative net margin of 97.45% and a negative trailing twelve-month return on equity of 87.86%. The business's revenue was down 4.9% compared to the same quarter last year. During the same period in the prior year, the firm earned ($0.60) earnings per share.

What is Brad Gray's approval rating as NanoString Technologies' CEO?

36 employees have rated NanoString Technologies Chief Executive Officer Brad Gray on Glassdoor.com. Brad Gray has an approval rating of 65% among the company's employees.

What other stocks do shareholders of NanoString Technologies own?

Based on aggregate information from My MarketBeat watchlists, some companies that other NanoString Technologies investors own include CA (CA), BlackRock (BLK), Endologix (ELGX), Aegean Marine Petroleum Network (ANW), Chipotle Mexican Grill (CMG), Precision Drilling (PD), AutoZone (AZO), Designer Brands (DBI), Bank of the Ozarks (OZRK) and Vista Outdoor (VSTO).

What is NanoString Technologies' stock symbol?

NanoString Technologies trades on the NASDAQ under the ticker symbol "NSTG."

Who are NanoString Technologies' major shareholders?

NanoString Technologies' stock is owned by a number of retail and institutional investors. Top institutional shareholders include Pictet Asset Management SA (3.44%), Goldman Sachs Group Inc. (1.73%), Platinum Investment Management Ltd. (0.99%), Northern Trust Corp (0.93%), Federated Hermes Inc. (0.77%) and Assenagon Asset Management S.A. (0.67%). Insiders that own company stock include Charles P Waite Jr, David W Ghesquiere, Elisha W Finney, Gregory Norden, J Chad Brown, Joseph M Beechem, K Thomas Bailey, Kirk Malloy, R Bradley Gray, Robert Hershberg and William Young.
View institutional ownership trends
.

How do I buy shares of NanoString Technologies?

Shares of NSTG stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is NanoString Technologies' stock price today?

One share of NSTG stock can currently be purchased for approximately $12.93.

How much money does NanoString Technologies make?

NanoString Technologies (NASDAQ:NSTG) has a market capitalization of $601.12 million and generates $145.09 million in revenue each year. The biotechnology company earns $-115,250,000.00 in net income (profit) each year or ($3.04) on an earnings per share basis.

How many employees does NanoString Technologies have?

The company employs 766 workers across the globe.

How can I contact NanoString Technologies?

NanoString Technologies' mailing address is 530 FAIRVIEW AVENUE NORTH SUITE 2000, SEATTLE WA, 98109. The official website for the company is www.nanostring.com. The biotechnology company can be reached via phone at (888) 358-6266, via email at dfarrell@nanostring.com, or via fax at 206-378-6288.

This page (NASDAQ:NSTG) was last updated on 9/27/2022 by MarketBeat.com Staff

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