NanoString Technologies - NSTG Stock Forecast, Price & News

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.

5 Wall Street analysts have issued twelve-month price targets for NanoString Technologies' shares. Their NSTG share price forecasts range from $21.00 to $70.00. On average, they anticipate the company's share price to reach $39.14 in the next twelve months. This suggests a possible upside of 202.3% from the stock's current price.
View analysts price targets for NSTG or view top-rated stocks among Wall Street analysts.

NanoString Technologies' stock was trading at $42.23 at the start of the year. Since then, NSTG shares have decreased by 69.3% and is now trading at $12.95.
View the best growth stocks for 2022 here.

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

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

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.

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).

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

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.

One share of NSTG stock can currently be purchased for approximately $12.95.

NanoString Technologies (NASDAQ:NSTG) has a market capitalization of $602.05 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.

The company employs 766 workers across the globe.

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.