Cytek Biosciences Inc
NASDAQ:CTKB

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Cytek Biosciences Inc
NASDAQ:CTKB
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Price: 6.55 USD 0.92% Market Closed
Market Cap: 843.7m USD
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Wall Street
Price Targets

CTKB Price Targets Summary
Cytek Biosciences Inc

Wall Street analysts forecast CTKB stock price to rise over the next 12 months.

According to Wall Street analysts, the average 1-year price target for CTKB is 8.57 USD with a low forecast of 7.07 USD and a high forecast of 9.45 USD.

Lowest
Price Target
7.07 USD
8% Upside
Average
Price Target
8.57 USD
31% Upside
Highest
Price Target
9.45 USD
44% Upside

CTKB Last Price Targets
Cytek Biosciences Inc

The latest public price target was made on May 13, 2024 by Dave Westenberg from Piper Sandler , who expects CTKB stock to rise by 30% over the next 12 months. You can read more about this price target by viewing the article on StreetInsider.

Analyst Price Target Date Article
Dave Westenberg
Piper Sandler
8.5 USD
Upside 30%
6 months ago
May 13, 2024
Cytek Biosciences Inc (CTKB) PT Lowered to $8.50 at Piper Sandler
StreetInsider
Dave Westenberg
Piper Sandler
Price Target 8.5 USD
Upside/Downside 30%
View Source
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Revenue
Forecast

Revenue Estimate
Cytek Biosciences Inc

For the last 3 years the compound annual growth rate for Cytek Biosciences Inc's revenue is 28%. The projected CAGR for the next 3 years is 12%.

28%
Past Growth
12%
Estimated Growth
Estimates Accuracy
-1%
Average Miss

Operating Income
Forecast

Operating Income Estimate
Cytek Biosciences Inc

N/A
Past Growth
N/A
Estimated Growth
Estimates Accuracy
N/A
Average

Net Income
Forecast

Net Income Estimate
Cytek Biosciences Inc

N/A
Past Growth
N/A
Estimated Growth
N/A
Estimates Accuracy
N/A
Average

See Also

Discover More
Why do you have more estimates than other sites?

Our estimates are sourced from the pool of sell-side and buy-side analysts that we have access to. What is available on other sites you are seeing are mostly from the sell-side analysts.

What is CTKB's stock price target?
Price Target
8.57 USD

According to Wall Street analysts, the average 1-year price target for CTKB is 8.57 USD with a low forecast of 7.07 USD and a high forecast of 9.45 USD.

What is Cytek Biosciences Inc's Revenue forecast?
Projected CAGR
12%

For the last 3 years the compound annual growth rate for Cytek Biosciences Inc's revenue is 28%. The projected CAGR for the next 3 years is 12%.

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