Should I buy or sell Olink Holding AB (publ) stock right now?

5 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Olink Holding AB (publ) in the last year. There are currently 4 hold ratings and 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "hold" OLK shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in OLK, but not buy additional shares or sell existing shares. View OLK analyst ratings or view top-rated stocks .

What is Olink Holding AB (publ)'s stock price target for 2024?

5 equities research analysts have issued 1-year price targets for Olink Holding AB (publ)'s shares. Their OLK share price targets range from $18.00 to $28.00. On average, they expect the company's stock price to reach $24.75 in the next year. This suggests that the stock has a possible downside of 4.3%. View analysts price targets for OLK or view top-rated stocks among Wall Street analysts .

How have OLK shares performed in 2023?

Olink Holding AB (publ)'s stock was trading at $25.38 at the beginning of 2023. Since then, OLK stock has increased by 1.9% and is now trading at $25.85. View the best growth stocks for 2023 here .

When is Olink Holding AB (publ)'s next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, February 20th 2024. View our OLK earnings forecast .

How were Olink Holding AB (publ)'s earnings last quarter?

Olink Holding AB (publ) (NASDAQ:OLK) released its earnings results on Wednesday, November, 15th. The company reported ($0.01) earnings per share for the quarter, beating analysts' consensus estimates of ($0.08) by $0.07. The company had revenue of $44.15 million for the quarter, compared to analysts' expectations of $42.62 million. Olink Holding AB (publ) had a negative trailing twelve-month return on equity of 4.02% and a negative net margin of 11.72%.

What ETF holds Olink Holding AB (publ)'s stock ?

First Trust Nasdaq Lux Digital Health Solutions ETF holds 472 shares of OLK stock, representing 0.90% of its portfolio.

When did Olink Holding AB (publ) IPO?

(OLK) raised $301 million in an initial public offering (IPO) on Thursday, March 25th 2021. The company issued 17,700,000 shares at a price of $16.00-$18.00 per share. Goldman Sachs, Morgan Stanley and SVB Leerink acted as the underwriters for the IPO and BTIG was co-manager.

Who are Olink Holding AB (publ)'s major shareholders?

Olink Holding AB (publ)'s stock is owned by a number of institutional and retail investors. Top institutional investors include Rock Springs Capital Management LP (1.35%), Clearbridge Investments LLC (1.20%), Jennison Associates LLC (0.79%), Principal Financial Group Inc. (0.75%), Ameriprise Financial Inc. (0.38%) and TD Asset Management Inc (0.32%).

How do I buy shares of Olink Holding AB (publ)?

Shares of OLK 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 .

Olink Holding AB (publ) Stock Price, News & Analysis (NASDAQ:OLK)

$25.87

+0.02 (+0.08%)

(As of 09:45 AM ET)

Compare

Today's Range: $25.87
▼
$25.90
50-Day Range: $14.29
▼
$25.86
52-Week Range: $14.10
▼
$26.47

Volume: 37,851 shs
Average Volume: 523,370 shs
Market Capitalization: $3.22 billion

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: $24.75

Olink Holding AB (publ) MarketRank™ Stock Analysis

Analyst Rating: Hold
2.20 Rating Score
Upside/Downside: 4.3% Downside
$24.75 Price Target
Short Interest: Healthy
2.99% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 1.89
Based on 2 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: Growing
From ($0.11) to ($0.02) Per Share

Overall MarketRank^™

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

1.20 out of 5 stars

Medical Sector

939th out of 949 stocks

Analytical Instruments Industry

28th out of 29 stocks

1.1

Analyst's Opinion

Consensus Rating
Olink Holding AB (publ) has received a consensus rating of Hold. The company's average rating score is 2.20, and is based on 1 buy rating, 4 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $24.75, Olink Holding AB (publ) has a forecasted downside of 4.3% from its current price of $25.85.
Amount of Analyst Coverage
Olink Holding AB (publ) has only been the subject of 3 research reports in the past 90 days.

3.0

Short Interest

Percentage of Shares Shorted
2.99% of the float of Olink Holding AB (publ) has been sold short.
Short Interest Ratio / Days to Cover
Olink Holding AB (publ) has a short interest ratio ("days to cover") of 2.5, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Olink Holding AB (publ) has recently increased by 10.54%, indicating that investor sentiment is decreasing significantly.

0.0

Dividend Strength

Dividend Yield
Olink Holding AB (publ) does not currently pay a dividend.
Dividend Growth
Olink Holding AB (publ) does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for OLK.

3.3

News and Social Media Coverage

News Sentiment
Olink Holding AB (publ) has a news sentiment score of 1.89. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.79 average news sentiment score of Medical companies.
News Coverage This Week
MarketBeat has tracked 2 news articles for Olink Holding AB (publ) this week, compared to 1 article on an average week.

0.0

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Olink Holding AB (publ) insiders have not sold or bought any company stock.
Percentage Held by Institutions
Only 32.25% of the stock of Olink Holding AB (publ) is held by institutions.

0.6

Earnings and Valuation

Earnings Growth
Earnings for Olink Holding AB (publ) are expected to grow in the coming year, from ($0.11) to ($0.02) per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Olink Holding AB (publ) is -184.63, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of Olink Holding AB (publ) is -184.63, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Book Value per Share Ratio
Olink Holding AB (publ) has a P/B Ratio of 6.80. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Olink Holding AB (publ) Stock (NASDAQ:OLK)

Olink Holding AB (publ) provides various products and services for the academic, government, biopharmaceutical, biotechnology, service provider, and other institutions that focuses on life science research. The company's products include Olink Explore for cardiovascular and metabolic, oncology, neurology, or inflammation diseases; Olink Target product line; Olink Flex, a low-plex applications and use-cases; and Olink Focus product line that consists of custom developed solutions for customers that has identified various proteins of interest or a protein signature to focus on. Its products also comprise Olink Signature Q100, a qPCR readout platform; Olink Analysis services comprising study design and consultation, sample preparation and assay execution, and data processing and QC; and bioinformatics services. In addition, the company provides Olink normalized protein expression (NPX) Manager, a purpose-built software that enable users to import data, perform data analysis including visualizations, and statistical modelling; and Olink Insight, a cloud platform for Olink community to accelerate proteomics. It sells its products and services through its own direct sales force in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. The company was formerly known as Knilo HoldCo AB and changed its name to Olink Holding AB (publ) in January 2021. The company was founded in 2004 and is headquartered in Uppsala, Sweden.

OLK Stock Price History

30 days | 90 days | 365 days | Advanced Chart

OLK Stock News Headlines

November 15, 2023 | finanznachrichten.de

Olink Proteomics AB: Olink reports third quarter 2023 financial results

November 15, 2023 | finance.yahoo.com

Olink reports third quarter 2023 financial results

November 29, 2023 | Edge On The Street (Ad)

An Unusual Way to Invest in Gold

Most financial experts recommend including gold in your investment mix to protect against rising prices and keep wealth secure. Investors are discovering a little-known way to benefit from gold, which offers the chance to gain from higher gold prices and mining successes while avoiding the costs of operating mines.

November 14, 2023 | finance.yahoo.com

FMR LLC Adjusts Stake in Olink Holding AB

November 14, 2023 | finance.yahoo.com

Breakeven On The Horizon For Olink Holding AB (publ) (NASDAQ:OLK)

November 8, 2023 | finance.yahoo.com

Why Earnings Season Could Be Great for Olink (OLK)

November 5, 2023 | finance.yahoo.com

Novogene Asia Pacific Middle East and Africa adopts Olink® Explore HT technology to accelerate multi-omics research with next generation proteomics

November 3, 2023 | businesswire.com

OLINK HOLDING INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Olink Holding AB ...

November 29, 2023 | Edge On The Street (Ad)

An Unusual Way to Invest in Gold

November 3, 2023 | finance.yahoo.com

Should You Still Buy the Nasdaq's Best-Performing October Stocks?

October 31, 2023 | finance.yahoo.com

Thermo Fisher Scientific Commences Tender Offer for All Outstanding Common Shares and ADSs of Olink

October 26, 2023 | fool.com

Olink Ab (publ) (NASDAQ: OLK)

October 26, 2023 | finance.yahoo.com

Q3 2023 Thermo Fisher Scientific Inc Earnings Call

October 25, 2023 | finance.yahoo.com

Thermo Fisher Scientific (TMO) Q3 2023 Earnings Call Transcript

October 19, 2023 | bizjournals.com

The Petri Dish: Thermo Fisher makes $3.1B buy; FDA lifts hold on PepGen

October 19, 2023 | msn.com

Scotiabank Downgrades Olink Holding AB (publ) - ADR (OLK)

October 18, 2023 | finance.yahoo.com

At US$24.87, Is Olink Holding AB (publ) (NASDAQ:OLK) Worth Looking At Closely?

October 17, 2023 | finance.yahoo.com

United Airlines, Thermo Fisher-Olink deal, Roblox RTO: Top Stories

October 17, 2023 | msn.com

Thermo Fisher Scientific to buy Olink in a $3.1B deal

October 17, 2023 | msn.com

Thermo Fisher (NYSE:TMO) to Acquire Olink (NASDAQ:OLK) in $3.1B Proteomics Deal

October 17, 2023 | markets.businessinsider.com

Thermo Fisher Scientific To Acquire Olink For $3.1 Bln

October 17, 2023 | msn.com

Why Proteomics Solutions Provider Olink's Shares Are Rocketing Today

October 17, 2023 | tmcnet.com

OLK Stock Alert: Halper Sadeh LLC Is Investigating Whether the Sale of Olink Holding AB (publ) Is Fair to Shareholders

October 17, 2023 | finance.yahoo.com

Why Olink Stock Is Skyrocketing Today

October 17, 2023 | finance.yahoo.com

Thermo Fisher Scientific to Acquire Olink, a Leader in Next-Generation Proteomics

October 5, 2023 | finance.yahoo.com

Landmark studies utilizing Olink® Explore technology signal a new era for population-scale proteogenomics

September 19, 2023 | finance.yahoo.com

Announcing the Olink® Target 48 Mouse Cytokine Panel – the next generation in immunoassays designed to accelerate translational research.

See More Headlines

Receive OLK Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Olink Holding AB (publ) and its competitors with MarketBeat's FREE daily newsletter.

Company Calendar

Last Earnings: 11/15/2023
Today: 11/29/2023
Fiscal Year End: 12/31/2023
Next Earnings (Estimated): 2/20/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NASDAQ
Industry: Analytical instruments
Sub-Industry: N/A
Sector: Medical
Current Symbol: NASDAQ:OLK
CUSIP: N/A
CIK: 1835539
Web: www.olink.com
Phone: 46 (0) 18 444 39 70
Fax: N/A
Employees: 667
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: $24.75
High Stock Price Target: $28.00
Low Stock Price Target: $18.00
Potential Upside/Downside: -4.3%
Consensus Rating: Hold
Rating Score (0-4): 2.20
Research Coverage: 5 Analysts

Profitability

EPS (Most Recent Fiscal Year): ($0.14)
Trailing P/E Ratio: N/A
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $-12,850,000.00
Net Margins: -11.72%
Pretax Margin: -14.69%
Return on Equity: -4.02%
Return on Assets: -3.51%

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: 6.34
Quick Ratio: 4.96

Sales & Book Value

Annual Sales: $139.85 million
Price / Sales: 23.00
Cash Flow: $0.04 per share
Price / Cash Flow: 712.80
Book Value: $3.80 per share
Price / Book: 6.81

Miscellaneous

Outstanding Shares: 124,340,000
Free Float: N/A
Market Cap: $3.22 billion
Optionable: Not Optionable
Beta: 0.60

A Guide To High-Short-Interest Stocks

MarketBeat's analysts have just released their top five short plays for December 2023. Learn which stocks have the most short interest and how to trade them. Click the link below to see which companies made the list.

Get This Free Report

Key Executives

Mr. Jon Heimer (Age 56)
CEO & Director
Comp: $889.39k
Mr. Carl Raimond (Age 52)
President
Mr. Oskar Hjelm (Age 38)
Chief Financial Officer
Ms. Anna Marsell (Age 45)
Chief Operating Officer
Dr. Ida Grundberg Ph.D. (Age 40)
Chief Scientific Officer
Mr. Jan Medina CFA
Vice President of Investor Relations & Capital Markets
Ms. Linda Ramirez-Eaves Esq. (Age 51)
General Counsel
Andrea Prander
Corporate Communications Manager
Mr. Elias Berglund
Chief People Officer
Mr. Rickard El Tarzi (Age 37)
Chief Strategy Officer

Key Competitors

View All Competitors

Institutional Ownership

View All Institutional Transactions

OLK Stock Analysis - Frequently Asked Questions

Should I buy or sell Olink Holding AB (publ) stock right now?: 5 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Olink Holding AB (publ) in the last year. There are currently 4 hold ratings and 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "hold" OLK shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in OLK, but not buy additional shares or sell existing shares.
View OLK analyst ratings or view top-rated stocks.
What is Olink Holding AB (publ)'s stock price target for 2024?: 5 equities research analysts have issued 1-year price targets for Olink Holding AB (publ)'s shares. Their OLK share price targets range from $18.00 to $28.00. On average, they expect the company's stock price to reach $24.75 in the next year. This suggests that the stock has a possible downside of 4.3%.
View analysts price targets for OLK or view top-rated stocks among Wall Street analysts.
How have OLK shares performed in 2023?: Olink Holding AB (publ)'s stock was trading at $25.38 at the beginning of 2023. Since then, OLK stock has increased by 1.9% and is now trading at $25.85.
View the best growth stocks for 2023 here.
When is Olink Holding AB (publ)'s next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Tuesday, February 20th 2024.
View our OLK earnings forecast.
How were Olink Holding AB (publ)'s earnings last quarter?: Olink Holding AB (publ) (NASDAQ:OLK) released its earnings results on Wednesday, November, 15th. The company reported ($0.01) earnings per share for the quarter, beating analysts' consensus estimates of ($0.08) by $0.07. The company had revenue of $44.15 million for the quarter, compared to analysts' expectations of $42.62 million. Olink Holding AB (publ) had a negative trailing twelve-month return on equity of 4.02% and a negative net margin of 11.72%.

What ETF holds Olink Holding AB (publ)'s stock ?: First Trust Nasdaq Lux Digital Health Solutions ETF holds 472 shares of OLK stock, representing 0.90% of its portfolio.
When did Olink Holding AB (publ) IPO?: (OLK) raised $301 million in an initial public offering (IPO) on Thursday, March 25th 2021. The company issued 17,700,000 shares at a price of $16.00-$18.00 per share. Goldman Sachs, Morgan Stanley and SVB Leerink acted as the underwriters for the IPO and BTIG was co-manager.
Who are Olink Holding AB (publ)'s major shareholders?: Olink Holding AB (publ)'s stock is owned by a number of institutional and retail investors. Top institutional investors include Rock Springs Capital Management LP (1.35%), Clearbridge Investments LLC (1.20%), Jennison Associates LLC (0.79%), Principal Financial Group Inc. (0.75%), Ameriprise Financial Inc. (0.38%) and TD Asset Management Inc (0.32%).
How do I buy shares of Olink Holding AB (publ)?: Shares of OLK 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.

This page (NASDAQ:OLK) was last updated on 11/29/2023 by MarketBeat.com Staff

Get 30 Days of MarketBeat All Access Free

Best-in-Class Portfolio Monitoring
View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio.
Stock Ideas and Recommendations
Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report.
Advanced Stock Screeners and Research Tools
Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis.

Start Your 30-Day Free Trial

Olink Holding AB (publ) Stock Price, News & Analysis (NASDAQ:OLK)

Olink Holding AB (publ) MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

Company Ownership

Earnings and Valuation

About Olink Holding AB (publ) Stock (NASDAQ:OLK)

OLK Stock Price History

OLK Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Institutional Ownership

OLK Stock Analysis - Frequently Asked Questions

Overall MarketRank^™