NASDAQ:TKNO

Alpha Teknova (TKNO) Stock Forecast, Price & News

$2.70

-0.09 (-3.23%)

(As of 09:02 AM ET)

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Today's Range: $2.70
▼
$2.70
50-Day Range: $1.66
▼
$3.44
52-Week Range: $1.62
▼
$6.48

Volume: 566 shs
Average Volume: 72,243 shs
Market Capitalization: $76.52 million

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: $9.33

Alpha Teknova MarketRank™ Forecast

Analyst Rating: Hold
2.00 Rating Score
Upside/Downside: 234.5% Upside
$9.33 Price Target
Short Interest: Healthy
0.29% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 0.64
Based on 8 Articles This Week
Insider Trading: Acquiring Shares
$14.45 M Bought Last Quarter
Proj. Earnings Growth: Growing
From ($1.05) to ($0.79) Per Share

Overall MarketRank^™

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

2.24 out of 5 stars

Medical Sector

387th out of 968 stocks

Diagnostic Substances Industry

6th out of 13 stocks

3.0

Analyst's Opinion

Consensus Rating
Alpha Teknova has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 1 hold rating, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $9.33, Alpha Teknova has a forecasted upside of 234.5% from its current price of $2.79.
Amount of Analyst Coverage
Alpha Teknova has only been the subject of 1 research reports in the past 90 days.

3.0

Short Interest

Percentage of Shares Shorted
0.29% of the float of Alpha Teknova has been sold short.
Short Interest Ratio / Days to Cover
Alpha Teknova has a short interest ratio ("days to cover") of 2.3, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Alpha Teknova has recently increased by 83.81%, indicating that investor sentiment is decreasing significantly.

0.0

Dividend Strength

Dividend Yield
Alpha Teknova does not currently pay a dividend.
Dividend Growth
Alpha Teknova 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 TKNO.

3.1

News and Social Media Coverage

News Sentiment
Alpha Teknova has a news sentiment score of 0.64. 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 news sentiment score is similar to the average news sentiment of Medical companies.
News Coverage This Week
MarketBeat has tracked 8 news articles for Alpha Teknova this week, compared to 1 article on an average week.
Search Interest
2 people have searched for TKNO on MarketBeat in the last 30 days. This is an increase of 100% compared to the previous 30 days.
MarketBeat Follows
1 people have added Alpha Teknova to their MarketBeat watchlist in the last 30 days.

2.5

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Alpha Teknova insiders have bought more of their company's stock than they have sold. Specifically, they have bought $14,447,997.00 in company stock and sold $0.00 in company stock.
Percentage Held by Insiders
17.20% of the stock of Alpha Teknova is held by insiders. A high percentage of insider ownership can be a sign of company health.
Percentage Held by Institutions
Only 15.82% of the stock of Alpha Teknova is held by institutions.

1.3

Earnings and Valuation

Earnings Growth
Earnings for Alpha Teknova are expected to grow in the coming year, from ($1.05) to ($0.79) per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Alpha Teknova is -1.52, 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 Alpha Teknova is -1.52, 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
Alpha Teknova has a P/B Ratio of 0.78. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Alpha Teknova (NASDAQ:TKNO) Stock

Alpha Teknova, Inc. produces critical reagents for the research, discovery, development, and commercialization of novel therapies, vaccines, and molecular diagnostics. The company offers pre-poured media plates for cell growth and cloning; liquid cell culture media and supplements for cellular expansion; and molecular biology reagents for sample manipulation, resuspension, and purification. It serves life sciences market, including pharmaceutical and biotechnology companies, contract development and manufacturing organizations, in vitro diagnostic franchises, and academic and government research institutions. The company was founded in 1996 and is headquartered in Hollister, California.

TKNO Price History

30 days | 90 days | 365 days | Advanced Chart

TKNO Stock News Headlines

September 30, 2023 | americanbankingnews.com

FY2023 EPS Estimates for Alpha Teknova, Inc. (NASDAQ:TKNO) Raised by KeyCorp

September 27, 2023 | finance.yahoo.com

Teknova Launches Latest Proprietary AAV-Tek™ Product and End-to-End Plasmid Workflow Solutions to Streamline Therapeutic Process Development

October 2, 2023 | Wall Street Fundamentals (Ad)

How is This "Hidden Gem" Thriving in a Turbulent Market?

While Wall Street flounders and giants like Amazon & Microsoft lay off thousands... One overlooked company has been quietly achieving over 400% growth. How? By buying, building, and scaling a portfolio of promising brands in high-margin, recession-resistant verticals.

September 27, 2023 | finance.yahoo.com

Teknova Launches Latest Proprietary AAV-Tek™ Product and End-to-End Plasmid Workflow Solutions to Streamline Therapeutic Process Development

September 24, 2023 | americanbankingnews.com

Alpha Teknova, Inc. (NASDAQ:TKNO) Director Buys $1,499,998.50 in Stock

September 23, 2023 | americanbankingnews.com

Telegraph Hill Partners Iv, L. Purchases 6,917,837 Shares of Alpha Teknova, Inc. (NASDAQ:TKNO) Stock

September 19, 2023 | finance.yahoo.com

Teknova Announces Closing of $22.9 Million Concurrent Registered Direct Offering and Private Placement and Amends Credit Facility

September 18, 2023 | finance.yahoo.com

Teknova Announces Up to $22.9 Million Concurrent Registered Direct Offering and Private Placement

October 2, 2023 | Wall Street Fundamentals (Ad)

How is This "Hidden Gem" Thriving in a Turbulent Market?

August 16, 2023 | finance.yahoo.com

Teknova Announces New Board Member, Martha J. Demski

August 14, 2023 | finance.yahoo.com

Alpha Teknova, Inc. (NASDAQ:TKNO) Q2 2023 Earnings Call Transcript

August 14, 2023 | finance.yahoo.com

Newsflash: Alpha Teknova, Inc. (NASDAQ:TKNO) Analysts Have Been Trimming Their Revenue Forecasts

August 11, 2023 | finance.yahoo.com

Teknova Reports Second Quarter 2023 Financial Results

August 9, 2023 | finance.yahoo.com

Teknova Announces Opening of New GMP-Certified Facility, Increasing Manufacturing Capacity for Custom, High-Quality Life Sciences Reagents

July 27, 2023 | finance.yahoo.com

Teknova to Report Second Quarter 2023 Financial Results on August 10, 2023

July 20, 2023 | finance.yahoo.com

Teknova and Sartorius BIA Separations Share Data Demonstrating Reliable and Scalable Approach for the Enhancement of AAV Full Capsid Enrichment with an Optimized AEX Platform

July 16, 2023 | finance.yahoo.com

Despite Recent Gains, Alpha Teknova Insiders Are Still Down US$51k

July 12, 2023 | markets.businessinsider.com

Alpha Teknova Set to Prosper from Expected Boom in Cell & Gene Therapies: KeyBanc Analyst

July 12, 2023 | markets.businessinsider.com

Alpha Teknova (TKNO) Receives a Hold from KeyBanc

July 11, 2023 | finance.yahoo.com

Teknova Expands Proprietary AAV-Tek™ Solutions Product Line to Deliver End-to-End Solutions for Gene Therapy Process Development

July 11, 2023 | finance.yahoo.com

Teknova Expands Proprietary AAV-Tek™ Solutions Product Line to Deliver End-to-End Solutions for Gene Therapy Process Development

July 6, 2023 | msn.com

Alpha Teknova (TKNO) Price Target Decreased by 6.67% to 7.14

June 5, 2023 | finance.yahoo.com

Amidst increasing losses, Investors bid up Alpha Teknova (NASDAQ:TKNO) 18% this past week

May 11, 2023 | msn.com

Recap: Alpha Teknova Q1 Earnings

May 10, 2023 | finance.yahoo.com

Teknova to Present Data on Novel Products to Accelerate the Development of AAV Therapies at ASGCT 2023 Annual Meeting

May 4, 2023 | finance.yahoo.com

What Makes Alpha Teknova (TKNO) a New Strong Buy Stock

May 4, 2023 | finance.yahoo.com

Teknova Announces Time Change for First Quarter 2023 Financial Results Conference Call on May 10, 2023

See More Headlines

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TKNO Company Calendar

Last Earnings: 8/10/2023
Today: 10/02/2023
Next Earnings (Estimated): 11/08/2023
Fiscal Year End: 12/31/2023

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Industry, Sector and Symbol

Stock Exchange: NASDAQ
Industry: Diagnostic substances
Sub-Industry: N/A
Sector: Medical
Current Symbol: NASDAQ:TKNO
CUSIP: N/A
CIK: 1850902
Web: www.teknova.com
Phone: 831-637-1100
Fax: N/A
Employees: 285
Year Founded: N/A

Price Target and Rating

Average Stock Price Forecast: $9.33
High Stock Price Forecast: $12.00
Low Stock Price Forecast: $8.00
Forecasted Upside/Downside: +245.7%
Consensus Rating: Hold
Rating Score (0-4): 2.00
Research Coverage: 1 Analysts

Profitability

EPS (Most Recent Fiscal Year): ($1.83)
Trailing P/E Ratio: N/A
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $-47,470,000.00
Net Margins: -131.88%
Pretax Margin: -134.87%
Return on Equity: -36.01%
Return on Assets: -23.97%

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: 1.50
Quick Ratio: 1.09

Sales & Book Value

Annual Sales: $41.42 million
Price / Sales: 1.85
Cash Flow: N/A
Price / Cash Flow: N/A
Book Value: $3.56 per share
Price / Book: 0.76

Miscellaneous

Outstanding Shares: 28,340,000
Free Float: 23,466,000
Market Cap: $76.52 million
Optionable: Not Optionable
Beta: -0.24

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Key Executives

Mr. Stephen Gunstream (Age 43)
Pres, CEO & Director
Comp: $697.14k

Mr. Matthew C. Lowell (Age 52)
Chief Financial Officer
Comp: $477.86k

Mr. Ken Gelhaus (Age 40)
Chief Commercial Officer
Comp: $482.52k

Mr. Damon A. Terrill (Age 52)
Gen. Counsel, Chief Compliance Officer & Sec.

Ms. Jennifer Henry
Sr. VP of Marketing

Ms. Lisa Hood McCann (Age 41)
Chief People Officer

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

TKNO Stock - Frequently Asked Questions

Should I buy or sell Alpha Teknova stock right now?: 1 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Alpha Teknova in the last twelve months. There are currently 1 hold rating for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" TKNO shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in TKNO, but not buy additional shares or sell existing shares.
View TKNO analyst ratings or view top-rated stocks.
What is Alpha Teknova's stock price forecast for 2023?: 1 equities research analysts have issued 12 month price objectives for Alpha Teknova's shares. Their TKNO share price forecasts range from $8.00 to $12.00. On average, they predict the company's share price to reach $9.33 in the next year. This suggests a possible upside of 245.7% from the stock's current price.
View analysts price targets for TKNO or view top-rated stocks among Wall Street analysts.
How have TKNO shares performed in 2023?: Alpha Teknova's stock was trading at $5.64 on January 1st, 2023. Since then, TKNO stock has decreased by 52.1% and is now trading at $2.70.
View the best growth stocks for 2023 here.
Are investors shorting Alpha Teknova?: Alpha Teknova saw a increase in short interest in the month of September. As of September 15th, there was short interest totaling 82,900 shares, an increase of 83.8% from the August 31st total of 45,100 shares. Based on an average daily volume of 35,300 shares, the days-to-cover ratio is currently 2.3 days. Approximately 0.3% of the company's shares are short sold.
View Alpha Teknova's Short Interest.
When is Alpha Teknova's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Wednesday, November 8th 2023.
View our TKNO earnings forecast.
How were Alpha Teknova's earnings last quarter?: Alpha Teknova, Inc. (NASDAQ:TKNO) released its earnings results on Thursday, August, 10th. The company reported ($0.25) EPS for the quarter, beating the consensus estimate of ($0.26) by $0.01. The company earned $11.53 million during the quarter, compared to analysts' expectations of $9.60 million. Alpha Teknova had a negative net margin of 131.88% and a negative trailing twelve-month return on equity of 36.01%.

What guidance has Alpha Teknova issued on next quarter's earnings?: Alpha Teknova updated its FY 2023 earnings guidance on Thursday, August, 10th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $37.00 million-$40.00 million, compared to the consensus revenue estimate of $43.12 million.
When did Alpha Teknova IPO?: (TKNO) raised $90 million in an initial public offering on Friday, June 25th 2021. The company issued 6,000,000 shares at a price of $14.00-$16.00 per share.
What is Alpha Teknova's stock symbol?: Alpha Teknova trades on the NASDAQ under the ticker symbol "TKNO."
How do I buy shares of Alpha Teknova?: Shares of TKNO 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 Alpha Teknova's stock price today?: One share of TKNO stock can currently be purchased for approximately $2.70.
How much money does Alpha Teknova make?: Alpha Teknova (NASDAQ:TKNO) has a market capitalization of $76.52 million and generates $41.42 million in revenue each year. The company earns $-47,470,000.00 in net income (profit) each year or ($1.83) on an earnings per share basis.
How many employees does Alpha Teknova have?: The company employs 285 workers across the globe.
How can I contact Alpha Teknova?: The official website for the company is www.teknova.com. The company can be reached via phone at 831-637-1100 or via email at investors@teknova.com.

This page (NASDAQ:TKNO) was last updated on 10/2/2023 by MarketBeat.com Staff

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