Cytek Biosciences, Inc.

NasdaqGS:CTKB Stock Report

Market Cap: US$592.8m

Cytek Biosciences Management

Management criteria checks 3/4

Cytek Biosciences' CEO is Wenbin Jiang, appointed in Dec 2014, has a tenure of 11.58 years. total yearly compensation is $5.12M, comprised of 12.1% salary and 87.9% bonuses, including company stock and options. directly owns 4.24% of the company’s shares, worth $25.14M. The average tenure of the management team and the board of directors is 6.9 years and 4.1 years respectively.

Key information

Wenbin Jiang

Chief executive officer

US$5.1m

Total compensation

CEO salary percentage12.11%
CEO tenure11.6yrs
CEO ownership4.2%
Management average tenure6.9yrs
Board average tenure4.1yrs

Recent management updates

Recent updates

Narrative Update Jun 15

CTKB: FY26 Guidance And Potential Takeout Interest May Support Future Upside

Analysts have trimmed their average price target for Cytek Biosciences to about $4.75, down from around $5.50, pointing to elevated operating expenses and a roughly $6m EBITDA shortfall, even as they highlight valuation and potential M&A interest as supporting factors for the stock. Analyst Commentary Bullish Takeaways Bullish analysts continue to highlight valuation as a key support, even with the price target trimmed to about US$4.75, suggesting the stock is still seen as attractively priced relative to current fundamentals and expectations.
Narrative Update Jun 01

CTKB: 2026 Guidance Reaffirmation And Cost Discipline Will Underpin Bullish Setup

Narrative Update: Cytek Biosciences Analysts have trimmed their average price target for Cytek Biosciences to $4.75, down $0.25 from $5.00. They cited elevated operating expenses and a roughly $6 million EBITDA shortfall, despite revenue tracking roughly in line and longer term guidance being reiterated.
Narrative Update May 04

CTKB: 2026 Outlook And Completed Buyback Will Support Balanced Multi Year Setup

Analysts have revised their price target on Cytek Biosciences slightly, making a modest change that reflects updated assumptions on discount rate, revenue growth, profit margin and future P/E, while keeping the fair value estimate steady at $5.00. What's in the News Cytek Biosciences reported that from October 1, 2025 to December 31, 2025, it repurchased 0 shares for $0 million, and completed a total buyback of 3,292,588 shares, or 2.56%, for $15.3 million under the program announced on December 30, 2024 (Key Developments).
Narrative Update Apr 20

CTKB: Share Repurchases And 2026 Guidance Will Support Future Upside Potential

Analysts have kept their $6.00 price target for Cytek Biosciences unchanged, with only small tweaks to inputs such as discount rate, profit margin assumptions, and future P/E. These adjustments support the view that the current valuation remains aligned with their updated models.
Narrative Update Apr 06

CTKB: 2026 Guidance And Buyback Will Frame Balanced Multi Year Upside Potential

Narrative Update Analysts have lifted their price target on Cytek Biosciences to $5 from $4, pointing to a clearer multi year framework and several potential growth drivers as key reasons for the change. Analyst Commentary Analysts highlighting the higher US$5 price target frame Cytek Biosciences as a name that could benefit if the broader diagnostic tools group sees improving sentiment and clearer multi year guidance.
Narrative Update Mar 22

CTKB: Sector Recovery And 2026 Guidance Will Support Upside Potential

Analysts have raised the target price on Cytek Biosciences shares to $5 from $4, citing improving sentiment in diagnostic tools and a preference for companies with clearer multi year growth frameworks and several potential upside drivers. Analyst Commentary Bullish Takeaways Bullish analysts view the higher US$5 target as a reflection of improving sentiment across diagnostic tools, which supports a more constructive stance on valuation for Cytek Biosciences.
Narrative Update Mar 08

CTKB: Sector Recovery And 2026 Guidance Are Expected To Drive Upside

Analysts have modestly raised their price target framework on Cytek Biosciences to $6.00, supported by a shift toward higher future P/E assumptions and recent Street research that highlights clearer multi year growth pathways and improving investor sentiment in the diagnostic tools group. Analyst Commentary Recent research points to a more constructive stance on Cytek Biosciences, with price targets nudged higher and a focus on how the company fits into a potential recovery in the diagnostic tools group.
Narrative Update Feb 22

CTKB: 2026 Guidance And Multi Year Framework Will Support Upside Potential

Analysts recently lifted Cytek Biosciences' price target to $5 from $4, pointing to a more supportive sector backdrop, higher revenue growth assumptions, and a slightly higher future P/E multiple. They noted that they are focused on companies with clear multi year frameworks and multiple potential growth drivers.
Analysis Article Feb 13

Cytek Biosciences, Inc.'s (NASDAQ:CTKB) Share Price Is Still Matching Investor Opinion Despite 27% Slump

The Cytek Biosciences, Inc. ( NASDAQ:CTKB ) share price has fared very poorly over the last month, falling by a...
Narrative Update Feb 08

CTKB: 2026 Guidance Will Underpin Multi Year Upside Framework

Analysts have lifted their price target on Cytek Biosciences to $5 from $4, pointing to improving sentiment around the diagnostic tools group and an interest in companies that offer clear multi year growth frameworks with several potential upside drivers. Analyst Commentary Analysts framing Cytek Biosciences around a US$5 price target are generally pointing to companies in the diagnostic tools group that offer clear multi year plans and several possible levers for upside.
Narrative Update Jan 24

CTKB: Sector Recovery And 2026 Earnings Framework Will Drive Repricing

Analysts have raised their price target on Cytek Biosciences to $5.00 from $4.00, citing refined assumptions around fair value, discount rates, growth, margins, and future P/E as they reassess the company within a recovering diagnostics tools sector. Analyst Commentary Bullish analysts are framing the move to a US$5.00 price target as part of a broader reset across diagnostic tools names, with Cytek Biosciences seen as one of the names that screens well under updated fair value and discount rate assumptions.
Narrative Update Jan 10

CTKB: 2026 Guidance And European Expansion Will Shape Multi Year Framework

Narrative Update Analysts have lifted their price target on Cytek Biosciences to US$5.00 from US$4.00, citing a clearer multi year growth framework, multiple potential growth drivers, and a view that updated 2026 guidance will be important for how the stock fits into a broader sector recovery. Analyst Commentary Recent research highlights a more defined multi year framework for Cytek Biosciences, with attention on how upcoming 2026 guidance could shape market views on growth and sector positioning.
Narrative Update Dec 17

CTKB: European Expansion Will Drive Future Upside Potential

Analysts have maintained their price target for Cytek Biosciences at $5.75, with only minor model refinements to the discount rate, revenue growth expectations, and profit margin assumptions supporting a steady valuation outlook. What's in the News Reaffirmed full year 2025 revenue guidance of $196 million to $205 million, implying growth of -2% to +2% versus 2024, assuming stable currency exchange rates (company guidance) Completed previously announced share repurchase program, buying back 3,292,588 shares, or 2.56% of shares outstanding, for a total of $15.3 million, with no additional shares repurchased in the July 1 to September 30, 2025 period (company disclosure) Relocated and expanded European headquarters to a larger facility in the Life Sciences District of Amsterdam, adding over 40% more space, a warehouse, and a dedicated customer service and training center to support growth in the EMEA region (company announcement) Brought European warehouse operations in house as part of a strategic push to scale the reagent business, aiming to improve quality control, operational efficiency, and turnaround times for customers (company announcement) Valuation Changes Consensus Analyst Price Target (Fair Value): unchanged at $5.75 per share, indicating no shift in overall valuation outlook.
Narrative Update Dec 03

CTKB: Full Year Outlook And Europe Expansion Will Shape Balanced Future Prospects

Analysts have raised their price target on Cytek Biosciences by approximately 12 percent to about 6 dollars per share, citing slightly stronger expectations for long term revenue growth, improved profit margin potential, and a modestly higher future earnings multiple. What's in the News Reaffirmed full year 2025 revenue guidance of 196 million to 205 million dollars, implying flat to modest growth of minus 2 percent to plus 2 percent versus 2024 (company guidance).
Analysis Article Nov 22

Revenues Tell The Story For Cytek Biosciences, Inc. (NASDAQ:CTKB) As Its Stock Soars 43%

The Cytek Biosciences, Inc. ( NASDAQ:CTKB ) share price has done very well over the last month, posting an excellent...
Seeking Alpha Nov 20

Cytek Biosciences Is A Speculative Buy On Recurring Revenue Growth

Summary Cytek Biosciences offers a full-spectrum cytometry platform. This means they provide instruments, reagents, services, and cloud software. Their main value proposition is to allow clients to achieve higher-parameter cell analysis than conventional flow systems. Its core product portfolio centers around Aurora, Northern Lights, Aurora CS, and Aurora Evo. Each targets a different price-performance tier. Over time, CTKB should continue growing its reagents and service businesses while creating higher-margin recurring revenue. Ultimately, I think the company's valuation multiples and ample cash runway support a bullish rating. Thus, I rate it a 'Buy' at these levels. Read the full article on Seeking Alpha
Analysis Article Aug 15

Cytek Biosciences, Inc. (NASDAQ:CTKB) Stock Catapults 26% Though Its Price And Business Still Lag The Industry

NasdaqGS:CTKB 1 Year Share Price vs Fair Value Explore Cytek Biosciences's Fair Values from the Community and select...
Narrative Update Aug 10

Cloud Software And Flow Cytometry Will Unlock Global Opportunity

The consensus price target for Cytek Biosciences has been notably reduced, primarily due to a significant downward revision in revenue growth forecasts, resulting in a new fair value of $5.00 per share. What's in the News Full-year 2025 revenue guidance narrowed to $196 million–$205 million, representing growth of -2% to +2% over the prior year.
Analysis Article Jul 28

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

Warren Buffett famously said, 'Volatility is far from synonymous with risk.' So it might be obvious that you need to...
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New Narrative May 31

APAC Markets And Recurring Revenues Will Support Life Sciences

Growth in Asia-Pacific and strong recurring revenues from services and reagents offset weaker performance in the US and Europe, supporting long-term stability.
Analysis Article May 30

The Market Doesn't Like What It Sees From Cytek Biosciences, Inc.'s (NASDAQ:CTKB) Revenues Yet As Shares Tumble 31%

To the annoyance of some shareholders, Cytek Biosciences, Inc. ( NASDAQ:CTKB ) shares are down a considerable 31% in...
Seeking Alpha Apr 28

Why Cytek Biosciences Should Beat Q1 Earnings Expectations

Summary There are still growth drivers that may positively play out in future quarters, so I'm still optimistic on Cytek Biosciences. Cytek's FY2024 adjusted EBITDA surged 77% YoY, indicating robust profitability potential, supported by effective cost management and a solid balance sheet. Despite a 41% YTD stock decline, Cytek's innovative FSP tech and growing Cytek Cloud user base signal strong future growth prospects. Valuation analysis suggests a 22% upside in CTKB stock, with a price target of $4.6/share, assuming continued margin expansion and positive earnings trajectory. Read the full article on Seeking Alpha
Analysis Article Apr 16

Is Cytek Biosciences (NASDAQ:CTKB) Using Too Much Debt?

Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
Analysis Article Feb 13

Cytek Biosciences, Inc. (NASDAQ:CTKB) Stock's 28% Dive Might Signal An Opportunity But It Requires Some Scrutiny

Cytek Biosciences, Inc. ( NASDAQ:CTKB ) shares have had a horrible month, losing 28% after a relatively good period...
Seeking Alpha Jan 09

Upgrading Cytek Biosciences Stock On An Upcoming Catalyst

Summary I'm upgrading Cytek Biosciences from "Hold" to "Buy" due to improving financials, expanding installed base, and strong demand for Aurora and Northern Lights systems. Cytek's Q3 FY2024 revenue up 7% YoY, driven by international demand; service revenue surged 25% YoY, boosting recurring revenue streams. The recently announced buyback plan went unnoticed, based on the EPS estimates revisions. I'm also expecting a potential catalyst from the upcoming J.P. Morgan Healthcare Conference, which could further drive CTKB stock price recovery and growth in 2025. Despite risks, CTKB's global expansion, technological advancements, and sound financials position it well for long-term shareholder value creation. Read the full article on Seeking Alpha
Analysis Article Dec 16

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

David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
Analysis Article Nov 07

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

Cytek Biosciences, Inc. ( NASDAQ:CTKB ) shareholders would be excited to see that the share price has had a great...
Analysis Article Sep 13

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

With a median price-to-sales (or "P/S") ratio of close to 3.6x in the Life Sciences industry in the United States, you...
Analysis Article Aug 09

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

Key Insights Cytek Biosciences' estimated fair value is US$10.66 based on 2 Stage Free Cash Flow to Equity Current...
Analysis Article Jul 12

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

Warren Buffett famously said, 'Volatility is far from synonymous with risk.' When we think about how risky a company...
Analysis Article Jun 04

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

It's not a stretch to say that Cytek Biosciences, Inc.'s ( NASDAQ:CTKB ) price-to-sales (or "P/S") ratio of 3.6x right...

CEO Compensation Analysis

How has Wenbin Jiang's remuneration changed compared to Cytek Biosciences's earnings?
DateTotal CompensationSalaryCompany Earnings
Mar 31 2026n/an/a

-US$74m

Dec 31 2025US$5mUS$620k

-US$67m

Sep 30 2025n/an/a

-US$13m

Jun 30 2025n/an/a

-US$6m

Mar 31 2025n/an/a

-US$11m

Dec 31 2024US$6mUS$599k

-US$6m

Sep 30 2024n/an/a

-US$10m

Jun 30 2024n/an/a

-US$18m

Mar 31 2024n/an/a

-US$12m

Dec 31 2023US$5mUS$578k

-US$12m

Sep 30 2023n/an/a

-US$14m

Jun 30 2023n/an/a

-US$6m

Mar 31 2023n/an/a

-US$2m

Dec 31 2022US$4mUS$524k

US$3m

Sep 30 2022n/an/a

-US$901k

Jun 30 2022n/an/a

-US$3m

Mar 31 2022n/an/a

-US$2m

Dec 31 2021US$5mUS$375k

US$52k

Sep 30 2021n/an/a

US$575k

Jun 30 2021n/an/a

US$2m

Mar 31 2021n/an/a

US$4m

Dec 31 2020US$422kUS$241k

US$3m

Compensation vs Market: Wenbin's total compensation ($USD5.12M) is above average for companies of similar size in the US market ($USD2.47M).

Compensation vs Earnings: Wenbin's compensation has been consistent with company performance over the past year.


CEO

Wenbin Jiang (62 yo)

11.6yrs
Tenure
US$5,120,061
Compensation

Dr. Wenbin Jiang, Ph D., is co-founder, Chairman and President of Cytek Biosciences, Inc and has been its Chief Executive Officer and Director since December 2014. Dr. Jiang is a seasoned entrepreneur and...


Leadership Team

NamePositionTenureCompensationOwnership
Wenbin Jiang
President11.6yrsUS$5.12m4.24%
$ 25.1m
William McCombe
Chief Financial Officer2.3yrsUS$2.46m0.086%
$ 510.3k
Ming Yan
CTO & Director11.5yrsUS$1.46m3.71%
$ 22.0m
Paul Goodson
Head of Investor Relationsno datano datano data
Patrik Jeanmonod
Head of Corporate Development Analytics2.3yrsUS$758.17k0%
$ 0
6.9yrs
Average Tenure
62.5yo
Average Age

Experienced Management: CTKB's management team is seasoned and experienced (6.9 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Wenbin Jiang
President11.6yrsUS$5.12m4.24%
$ 25.1m
Ming Yan
CTO & Director11.5yrsUS$1.46m3.71%
$ 22.0m
Deborah Neff
Lead Independent Director4.1yrsUS$272.08k0.046%
$ 273.9k
Richard Chin
Independent Director1.1yrsUS$329.46k0.017%
$ 102.8k
Michael Holder
Independent Director2.1yrsUS$254.02k0.047%
$ 278.6k
Andreas Radbruch
Member of Scientific Advisory Boardno datano datano data
Holden Maecker
Member of Scientific Advisory Boardno datano datano data
Diether J. Recktenwald
Member of Scientific Advisory Boardno datano datano data
Bob Hoffman
Member of Scientific Advisory Boardno datano datano data
Frederic Preffer
Member of Scientific Advisory Boardno datano datano data
Vera Imper
Independent Director4.6yrsUS$247.50k0.046%
$ 273.9k
Joanne Lannigan
Member of Scientific Advisory Board2.5yrsno datano data
4.1yrs
Average Tenure
63yo
Average Age

Experienced Board: CTKB's board of directors are considered experienced (4.1 years average tenure).


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/07/06 21:57
End of Day Share Price 2026/07/06 00:00
Earnings2026/03/31
Annual Earnings2025/12/31

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.

Analysis Model and Snowflake

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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 Github.

Analyst Sources

Cytek Biosciences, Inc. is covered by 8 analysts. 4 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
Kallum TitchmarshMorgan Stanley