Cytek Biosciences, Inc.

NasdaqGS:CTKB Stock Report

Market Cap: US$828.3m

Cytek Biosciences Future Growth

Future criteria checks 4/6

Cytek Biosciences is forecast to grow earnings and revenue by 114.7% and 11% per annum respectively. EPS is expected to grow by 115.3% per annum. Return on equity is forecast to be 7.9% in 3 years.

Key information

114.7%

Earnings growth rate

115.3%

EPS growth rate

Life Sciences earnings growth18.3%
Revenue growth rate11.0%
Future return on equity7.9%
Analyst coverage

Good

Last updated09 Dec 2024

Recent future growth updates

Recent updates

Is Cytek Biosciences (NASDAQ:CTKB) Weighed On By Its Debt Load?

Dec 16
Is Cytek Biosciences (NASDAQ:CTKB) Weighed On By Its Debt Load?

Investors Still Aren't Entirely Convinced By Cytek Biosciences, Inc.'s (NASDAQ:CTKB) Revenues Despite 46% Price Jump

Nov 07
Investors Still Aren't Entirely Convinced By Cytek Biosciences, Inc.'s (NASDAQ:CTKB) Revenues Despite 46% Price Jump

Cytek Biosciences, Inc.'s (NASDAQ:CTKB) Shares Not Telling The Full Story

Sep 13
Cytek Biosciences, Inc.'s (NASDAQ:CTKB) Shares Not Telling The Full Story

An Intrinsic Calculation For Cytek Biosciences, Inc. (NASDAQ:CTKB) Suggests It's 49% Undervalued

Aug 09
An Intrinsic Calculation For Cytek Biosciences, Inc. (NASDAQ:CTKB) Suggests It's 49% Undervalued

Is Cytek Biosciences (NASDAQ:CTKB) Using Debt Sensibly?

Jul 12
Is Cytek Biosciences (NASDAQ:CTKB) Using Debt Sensibly?

Potential Upside For Cytek Biosciences, Inc. (NASDAQ:CTKB) Not Without Risk

Jun 04
Potential Upside For Cytek Biosciences, Inc. (NASDAQ:CTKB) Not Without Risk

Cytek Biosciences: Undisputed Next-Gen Flow Cytometry Leader

Mar 20

Cytek Biosciences' (NASDAQ:CTKB) Solid Profits Have Weak Fundamentals

Mar 08
Cytek Biosciences' (NASDAQ:CTKB) Solid Profits Have Weak Fundamentals

Cytek Biosciences Vs. 10x Genomics: 2 Opposing Cell Visualization Investments

Jul 27

Checking In On Cytek Biosciences

Mar 23

Earnings and Revenue Growth Forecasts

NasdaqGS:CTKB - Analysts future estimates and past financials data (USD Millions)
DateRevenueEarningsFree Cash FlowCash from OpAvg. No. Analysts
12/31/20262569N/AN/A4
12/31/20252305N/AN/A6
12/31/2024205-9N/AN/A6
9/30/2024201-102933N/A
6/30/2024198-181115N/A
3/31/2024201-1216N/A
12/31/2023193-1205N/A
9/30/2023183-14-82N/A
6/30/2023176-6-11-1N/A
3/31/2023166-2-17-8N/A
12/31/20221642-22-12N/A
9/30/2022155-1-18-13N/A
6/30/2022148-3-9-4N/A
3/31/2022139-2-31N/A
12/31/2021128005N/A
9/30/20211201811N/A
6/30/20211102912N/A
3/31/20219941416N/A
12/31/20209331415N/A
12/31/201958-17-15-14N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: CTKB is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (2.6%).

Earnings vs Market: CTKB is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: CTKB is expected to become profitable in the next 3 years.

Revenue vs Market: CTKB's revenue (11% per year) is forecast to grow faster than the US market (9.1% per year).

High Growth Revenue: CTKB's revenue (11% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: CTKB's Return on Equity is forecast to be low in 3 years time (7.9%).

Discover growth companies

7D

1Y

7D

1Y

7D

1Y

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/18 23:20
End of Day Share Price 2024/12/18 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Cytek Biosciences, Inc. is covered by 8 analysts. 6 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Kyle MiksonCanaccord Genuity
Matthew SykesGoldman Sachs
Tejas SavantMorgan Stanley