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S&P 500   4,221.02
DOW   33,061.57
QQQ   352.01
20 Best Healthcare Dividend Stocks to Invest in
The Real Problem With "Made in America" Lithium (Ad)
Money stored in Venmo and other payment apps could be vulnerable, financial watchdog warns
Nordstrom's Earnings Beat, A Rally In The Making
The Real Problem With "Made in America" Lithium (Ad)
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Chewy.com Gets A Mouthful Of Profits: Shares Surge, More To Come
Is Graphite the New Lithium? (Ad)
Okta, Inc: When Great Results Aren’t Good Enough 
How to Invest in Specialty Retail Stores
S&P 500   4,221.02
DOW   33,061.57
QQQ   352.01
20 Best Healthcare Dividend Stocks to Invest in
The Real Problem With "Made in America" Lithium (Ad)
Money stored in Venmo and other payment apps could be vulnerable, financial watchdog warns
Nordstrom's Earnings Beat, A Rally In The Making
The Real Problem With "Made in America" Lithium (Ad)
What is the Penalty for Excess Contributions to an IRA?
Chewy.com Gets A Mouthful Of Profits: Shares Surge, More To Come
Is Graphite the New Lithium? (Ad)
Okta, Inc: When Great Results Aren’t Good Enough 
How to Invest in Specialty Retail Stores
S&P 500   4,221.02
DOW   33,061.57
QQQ   352.01
20 Best Healthcare Dividend Stocks to Invest in
The Real Problem With "Made in America" Lithium (Ad)
Money stored in Venmo and other payment apps could be vulnerable, financial watchdog warns
Nordstrom's Earnings Beat, A Rally In The Making
The Real Problem With "Made in America" Lithium (Ad)
What is the Penalty for Excess Contributions to an IRA?
Chewy.com Gets A Mouthful Of Profits: Shares Surge, More To Come
Is Graphite the New Lithium? (Ad)
Okta, Inc: When Great Results Aren’t Good Enough 
How to Invest in Specialty Retail Stores
NASDAQ:NSTG

NanoString Technologies (NSTG) Stock Forecast, Price & News

$5.73
-0.16 (-2.72%)
(As of 06/1/2023 ET)
Compare
Today's Range
$5.58
$5.92
50-Day Range
$5.45
$10.40
52-Week Range
$4.37
$18.51
Volume
1.12 million shs
Average Volume
1.69 million shs
Market Capitalization
$271.20 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$17.83

NanoString Technologies MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.80 Rating Score
Upside/​Downside
211.2% Upside
$17.83 Price Target
Short Interest
Bearish
10.06% of Shares Sold Short
Dividend Strength
N/A
Sustainability
-1.07
Upright™ Environmental Score
News Sentiment
0.76mentions of NanoString Technologies in the last 14 days
Based on 14 Articles This Week
Insider Trading
Acquiring Shares
$685,026 Bought Last Quarter
Proj. Earnings Growth
Growing
From ($2.31) to ($1.52) Per Share

Overall MarketRank

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

2.15 out of 5 stars

Medical Sector

835th out of 1,980 stocks

Biological Products, Except Diagnostic Industry

113th out of 330 stocks


NSTG stock logo

About NanoString Technologies (NASDAQ:NSTG) Stock

NanoString Technologies, Inc. engages in the development and commercialization of instruments and services for profiling of genes and proteins from tissue sample. It offers the GeoMx Digital Spatial Profiler, nCounter Analysis System product platforms, GeoMx Assays, nCounter Panels & Assays and CosMx Spatial Molecular. The company was founded by Amber Ratcliffe, Krassen Dimitrov, and Dwayne Dunaway on June, 2003 and is headquartered in Seattle, WA.

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NSTG Stock News Headlines

The Graphite Shortage Story You're Not Being Told
Graphite demand for EV batteries is expected to increase 10X from 2020 to 2030. And today, with NO graphite-producing mines in N. America, China has a stranglehold on our graphite supply. That's why the U.S. government is spending billions of dollars to ensure an adequate domestic supply of this metal that's vital for energy independence and national security.
Is Graphite the New Lithium?
Did you know that graphite (NOT lithium) is the largest component of lithium batteries used for EV's? Unfortunately, there are no graphite-producing mines in North America today. This leaves the U.S. at the mercy of China for our vital graphite supply.
See More Headlines

NSTG Price History

NSTG Company Calendar

Last Earnings
5/03/2023
Today
6/02/2023
Next Earnings (Estimated)
8/03/2023
Fiscal Year End
12/31/2023

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
$17.83
High Stock Price Forecast
$24.00
Low Stock Price Forecast
$14.00
Forecasted Upside/Downside
+211.2%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.80
Research Coverage
5 Analysts

Profitability

Net Income
$-159,540,000.00
Net Margins
-122.19%
Pretax Margin
-121.96%

Debt

Sales & Book Value

Annual Sales
$127.26 million
Book Value
$0.29 per share

Miscellaneous

Free Float
46,151,000
Market Cap
$271.20 million
Optionable
Optionable
Beta
1.64

Key Executives

  • Robert Bradley Gray
    President, Chief Executive Officer & Director
  • Mark A. Winham
    Senior Vice President-Operations
  • Kenneth Thomas Bailey
    Chief Financial Officer
  • Joseph M. BeechemJoseph M. Beechem
    Chief Scientific Officer, SVP-R&D
  • David W. Ghesquiere
    Senior VP-Corporate & Business Development













NSTG Stock - Frequently Asked Questions

Should I buy or sell NanoString Technologies stock right now?

5 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for NanoString Technologies in the last twelve months. There are currently 1 hold rating and 4 buy ratings for the stock. The consensus among Wall Street research 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 2023?

5 brokerages have issued 1-year price objectives for NanoString Technologies' stock. Their NSTG share price forecasts range from $14.00 to $24.00. On average, they expect the company's stock price to reach $17.83 in the next year. This suggests a possible upside of 211.2% 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 2023?

NanoString Technologies' stock was trading at $7.97 at the beginning of 2023. Since then, NSTG stock has decreased by 28.1% and is now trading at $5.73.
View the best growth stocks for 2023 here
.

When is NanoString Technologies' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, August 3rd 2023.
View our NSTG earnings forecast
.

How were NanoString Technologies' earnings last quarter?

NanoString Technologies, Inc. (NASDAQ:NSTG) announced its quarterly earnings data on Wednesday, May, 3rd. The biotechnology company reported ($0.88) EPS for the quarter, missing analysts' consensus estimates of ($0.72) by $0.16. The biotechnology company earned $35.81 million during the quarter, compared to analysts' expectations of $33.13 million. NanoString Technologies had a negative net margin of 122.19% and a negative trailing twelve-month return on equity of 252.96%. The business's quarterly revenue was up 15.2% compared to the same quarter last year. During the same quarter last year, the business posted ($0.86) EPS.

What guidance has NanoString Technologies issued on next quarter's earnings?

NanoString Technologies updated its FY 2023 earnings guidance on Wednesday, May, 3rd. The company provided EPS guidance of for the period. The company issued revenue guidance of $175.00 million-$185.00 million, compared to the consensus revenue estimate of $174.78 million.

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 variety of retail and institutional investors. Top institutional investors include Wellington Management Group LLP (10.39%), BlackRock Inc. (10.06%), Platinum Investment Management Ltd. (2.60%), State Street Corp (2.38%), Bank of America Corp DE (2.27%) and Assenagon Asset Management S.A. (1.90%). Insiders that own company stock include Charles P Waite Jr, 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 $5.73.

How much money does NanoString Technologies make?

NanoString Technologies (NASDAQ:NSTG) has a market capitalization of $271.20 million and generates $127.26 million in revenue each year. The biotechnology company earns $-159,540,000.00 in net income (profit) each year or ($3.47) 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 6/2/2023 by MarketBeat.com Staff

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