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S&P 500   3,825.33
DOW   31,097.26
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S&P 500   3,825.33
DOW   31,097.26
QQQ   282.13
S&P 500   3,825.33
DOW   31,097.26
QQQ   282.13
S&P 500   3,825.33
DOW   31,097.26
QQQ   282.13
NASDAQ:PACB

Pacific Biosciences of California Stock Forecast, Price & News

$4.47
+0.05 (+1.13%)
(As of 07/1/2022 03:59 PM ET)
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Compare
Today's Range
$4.32
$4.64
50-Day Range
$4.02
$7.29
52-Week Range
$3.85
$35.58
Volume
511,086 shs
Average Volume
7.17 million shs
Market Capitalization
$1.00 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$29.20

Pacific Biosciences of California MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.75 Rating Score
Upside/​Downside
553.2% Upside
$29.20 Price Target
Short Interest
Bearish
16.94% of Shares Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.47mentions of Pacific Biosciences of California in the last 14 days
Based on 4 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
Growing
From ($1.38) to ($1.23) Per Share

Overall MarketRank

MarketRank is calculated as 30% analysis score, 20% valuation score, 10% short interest score, 10% dividend score, 10% sustainability score, 10% news and social score, and 10% insider trading score.

1.91 out of 5 stars

Medical Sector

619th out of 1,428 stocks

Analytical Instruments Industry

16th out of 33 stocks

30 days | 90 days | 365 days | Advanced Chart

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Pacific Biosciences of California logo

About Pacific Biosciences of California (NASDAQ:PACB) Stock

Pacific Biosciences of California, Inc. designs, develops, and manufactures sequencing systems to resolve genetically complex problems. The company provides PacBio's Systems, which conduct, monitor, and analyse biochemical sequencing reactions; consumable products, including single molecule real-time (SMRT) cells; and various reagent kits designed for specific workflow, such as template preparation kit to convert DNA into SMRTbell double-stranded DNA library formats, including molecular biology reagents, such as ligase, buffers, and exonucleases. It also offers binding kits, such as modified DNA polymerase used to bind SMRTbell libraries to the polymerase in preparation for sequencing; and sequencing kits comprise reagents required for on-instrument, real-time sequencing, including the phospholinked nucleotides. The company serves research institutions; commercial laboratories; genome centers; public health labs, hospitals and clinical research institutes, contract research organizations, and academic institutions; pharmaceutical companies; and agricultural companies. It markets its products through a direct sales force in North America and Europe, as well as through distribution partners in Asia, Europe, the Middle East, Africa, and Latin America. Pacific Biosciences of California, Inc. has a development and commercialization agreement with Invitae Corporation. The company was formerly known as Nanofluidics, Inc. and changed its name to Pacific Biosciences of California, Inc. in 2005. Pacific Biosciences of California, Inc. was incorporated in 2000 and is headquartered in Menlo Park, California.

PACB Stock News Headlines

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See More Headlines

Industry, Sector and Symbol

Industry
Analytical instruments
Sub-Industry
Life Sciences Tools & Services
Sector
Medical
Current Symbol
NASDAQ:PACB
CUSIP
69404D10
Employees
728
Year Founded
2004

Company Calendar

Last Earnings
5/04/2022
Today
7/05/2022
Next Earnings (Estimated)
8/02/2022
Fiscal Year End
12/31/2022

Price Target and Rating

Average Stock Price Forecast
$29.20
High Stock Price Forecast
$41.00
Low Stock Price Forecast
$6.00
Forecasted Upside/Downside
+553.2%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.75
Research Coverage
4 Analysts

Profitability

Net Income
$-181,220,000.00
Net Margins
-130.14%
Pretax Margin
-199.67%

Debt

Sales & Book Value

Annual Sales
$130.51 million
Book Value
$3.59 per share

Miscellaneous

Free Float
221,242,000
Market Cap
$1.00 billion
Optionable
Optionable
Beta
1.52

Social Links















Pacific Biosciences of California Frequently Asked Questions

Should I buy or sell Pacific Biosciences of California stock right now?

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Pacific Biosciences of California in the last twelve months. There are currently 1 hold rating and 3 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" Pacific Biosciences of California stock.
View analyst ratings for Pacific Biosciences of California
or view top-rated stocks.

What is Pacific Biosciences of California's stock price forecast for 2022?

4 analysts have issued 1-year target prices for Pacific Biosciences of California's shares. Their PACB stock forecasts range from $6.00 to $41.00. On average, they expect Pacific Biosciences of California's share price to reach $29.20 in the next twelve months. This suggests a possible upside of 553.2% from the stock's current price.
View analysts' price targets for Pacific Biosciences of California
or view top-rated stocks among Wall Street analysts.

How has Pacific Biosciences of California's stock price performed in 2022?

Pacific Biosciences of California's stock was trading at $20.46 on January 1st, 2022. Since then, PACB shares have decreased by 78.2% and is now trading at $4.47.
View the best growth stocks for 2022 here
.

When is Pacific Biosciences of California's next earnings date?

Pacific Biosciences of California is scheduled to release its next quarterly earnings announcement on Tuesday, August 2nd 2022.
View our earnings forecast for Pacific Biosciences of California
.

How were Pacific Biosciences of California's earnings last quarter?

Pacific Biosciences of California, Inc. (NASDAQ:PACB) announced its earnings results on Wednesday, May, 4th. The biotechnology company reported ($0.37) earnings per share for the quarter, missing analysts' consensus estimates of ($0.32) by $0.05. The biotechnology company earned $33.17 million during the quarter, compared to analyst estimates of $32.82 million. Pacific Biosciences of California had a negative trailing twelve-month return on equity of 36.11% and a negative net margin of 130.14%. The business's revenue for the quarter was up 14.4% on a year-over-year basis. During the same quarter in the previous year, the business posted ($0.18) EPS.
View Pacific Biosciences of California's earnings history
.

Who are Pacific Biosciences of California's key executives?

Pacific Biosciences of California's management team includes the following people:
  • Mr. Christian O. Henry M.B.A., Pres, CEO & Director (Age 54, Pay $1.42M)
  • Ms. Susan G. Kim, Chief Financial Officer (Age 46, Pay $671.49k) (LinkedIn Profile)
  • Mr. Mark Van Oene, Chief Operating Officer (Age 49, Pay $1.12M)
  • Dr. Denis Zaccarin Ph.D., Sr. VP of Product Devel. (Age 56, Pay $510.77k)
  • Dr. Stephen Turner, Co-Founder & CTO (Age 54)
  • Ms. Michele Farmer CPA, VP & Chief Accounting Officer (Age 42)
  • Dr. Jonas Korlach Ph.D., Chief Scientific Officer
  • Trevin Rard, Head of Investor Relations
  • Dr. Brett Atkins J.D., Ph.D., Gen. Counsel & Corp. Sec.
  • Ms. Kathleen Lynch J.D., Head of Global Gov. Affairs & Corp. Communications

What is Christian Henry's approval rating as Pacific Biosciences of California's CEO?

2 employees have rated Pacific Biosciences of California CEO Christian Henry on Glassdoor.com. Christian Henry has an approval rating of 100% among Pacific Biosciences of California's employees. This puts Christian Henry in the top 10% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of Pacific Biosciences of California own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Pacific Biosciences of California investors own include Pfizer (PFE), Gilead Sciences (GILD), Illumina (ILMN), Novavax (NVAX), Advanced Micro Devices (AMD), AT&T (T), Inovio Pharmaceuticals (INO), NVIDIA (NVDA), Invitae (NVTA) and Tesla (TSLA).

What is Pacific Biosciences of California's stock symbol?

Pacific Biosciences of California trades on the NASDAQ under the ticker symbol "PACB."

How do I buy shares of Pacific Biosciences of California?

Shares of PACB 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 Pacific Biosciences of California's stock price today?

One share of PACB stock can currently be purchased for approximately $4.47.

How much money does Pacific Biosciences of California make?

Pacific Biosciences of California (NASDAQ:PACB) has a market capitalization of $1.00 billion and generates $130.51 million in revenue each year. The biotechnology company earns $-181,220,000.00 in net income (profit) each year or ($0.81) on an earnings per share basis.

How many employees does Pacific Biosciences of California have?

Pacific Biosciences of California employs 728 workers across the globe.

Does Pacific Biosciences of California have any subsidiaries?

The following companies are subsidiares of Pacific Biosciences of California: Circulomics, Omniome, PacBio Singapore PTE Limited, Pacific Biosciences (Shanghai) Co. Ltd., Pacific Biosciences Canada Limited, Pacific Biosciences Germany GmbH, Pacific Biosciences International LLC, Pacific Biosciences Japan GK, and Pacific Biosciences UK Limited.
Read More

When was Pacific Biosciences of California founded?

Pacific Biosciences of California was founded in 2004.

How can I contact Pacific Biosciences of California?

Pacific Biosciences of California's mailing address is 1305 O`BRIEN DRIVE, MENLO PARK CA, 94025. The official website for Pacific Biosciences of California is www.pacb.com. The biotechnology company can be reached via phone at (650) 521-8000, via email at ir@pacb.com, or via fax at 302-636-5454.

This page (NASDAQ:PACB) was last updated on 7/5/2022 by MarketBeat.com Staff

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