Despite the market volatility, shares in Pacific Biosciences Of California Inc (NSQ:PACB) have been in an uptrend in recent months. market position, the CMA also took into account, within the context of the dynamic nature of the market, the evidence that PacBio’s current share of supply does not accurately reflect its competitive significance following the launch of its Sequel II instrument in April 2019. Over the past six months, the relative strength of its shares against the market has been 0.775k%. $37.42 Primary metrics and data points about Pacific Biosciences of California. The growth can be attributed to … The DNA sequencing leader announced upgrades to some of its core offerings. The PacBio RS II and Sequel instruments include optics, automated liquid handling, a touchscreen control interface and computational hardware and software. In terms of relative price strength - which takes into account the overall market trend - the Pacific Biosciences of California Inc price has moved by On the product front, this fall PacBio announced the Sequel IIe, which extends the existing Sequel II instrument with on-board computation. PacBio estimates that 10 million human genetic sequences will be conducted annually by 2025 and that one day, the technology will become a routine part of healthcare. and the price has moved by According to the CMA, Illumina holds around 80% of the global market share in this area, and 90% in the UK. Pacific Biosciences of California Inc is scheduled to issue upcoming financial results on the following dates: Pacific Biosciences of California Inc does not currently pay a dividend. CAPS All Stars . 1.5.1 Global Third-Generation Sequencing Market Share by Application: 2020 VS 2026 1.5.2 Oncology 1.5.3 Hereditary Disease Detection 1.5.4 Life Science 1.6 Study Objectives 1.7 Years Considered 2 Global Growth Trends by Regions 2.1 Third-Generation Sequencing Market Perspective (2015-2026) 2.2 Third-Generation Sequencing Growth Trends by Regions Their average twelve-month price target is $16.00, predicting that the stock has a possible downside of 38.32%. A $1.2 billion acquisition of the gene-sequencing company sends its shares into orbit. As of 1 You can use Stockopedia’s share research software to help you find the the kinds of shares that suit your investment strategy and objectives. PACB earnings call for the period ending December 31, 2019. Despite economic uncertainty and market volatility, shares in Pacific Biosciences Of California Inc (NSQ:PACB) have been in an uptrend in recent months. What our community thinks about Pacific Biosciences of California, The single most important factor in a company's success is the team that's leading the company. News that the U.K. could scuttle its merger with Illumina has investors worried. Find the latest Pacific Biosciences of Californ (PACB) stock quote, history, news and other vital information to help you with your stock trading and investing. IIe's built-in silicon can rapidly compute the HiFi reads that are clearly where PacBio thinks the market excitement is, eliminating the requirement (and complexity) to transfer raw data off the instrument to a cluster and then compute a consensus. Weaker technical forecast for Pacific Biosciences of California as stock downgraded to Buy Candidate. The report presents an in-depth assessment of the Third-Generation Sequencing Market including enabling technologies, key trends, market drivers, challenges, standardization, regulatory landscape, deployment models, operator case studies, opportunities, future roadmap, value chain, ecosystem player profiles … Industry, sector and description for Pacific Biosciences of California. Market Cap $7.22B; Shares Outstanding 187.22M; Public Float 174.79M; Beta 1.07; Rev. Net loss decreased 46% to $45.5M. Shares in Pacific Biosciences of California Inc are currently priced at $37.42. Price trends tend to persist, so it's worth looking at them when it comes to a share like Pacific Biosciences of California Inc. Over the past six months, the relative strength of its shares against the market has been 0.764k%. PACB earnings call for the period ending March 31, 2020. (Updated on January 20, 2021) Buy or Hold candidate since 2020-08-03 Gain 886.83% PDF . Pacific Biosciences of California's stock was trading at $3.44 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Analysts covering Pacific Biosciences of California Inc currently have a consensus Earnings Per Share (EPS) forecast of 0.054 for the next financial year. Since then, PACB shares have increased by 1,081.7% and is now trading at $40.65. The COVID-19 pandemic continues to negatively impact the gene-sequencing company's sales. 0.547k% over the past year. Figure 3-2 Product Market Share, 2020 Figure 3-3: Product Market Share, 2025 5. The global NGS market size was valued at $4,533 million in 2018, and is estimated to reach $18,565 million by 2026, growing at a CAGR of 19.2% from 2019 to 2026.NGS is a technology in which millions and billions of DNA strands can be sequenced through massive parallelization. Illumina just proposed the nuclear option to earn regulatory approval for its merger and keep its biggest competitor at bay. You can view the full broker recommendation list by unlocking its StockReport. We were not able to find PE ratio data for Pacific Biosciences of California Inc. Pacific Biosciences of California Inc's management team is headed by: Here are the top five shareholders of Pacific Biosciences of California Inc based on the size of their shareholding: © Stockopedia 2021, Refinitiv, Share Data Services. DNA Sequencing Market Overview: The global DNA sequencing market was valued at $6,243 million in 2017, and is expected to reach $25,470 million in 2025, registering a CAGR of 19.0% from 2018 to 2025. The Fool has written over 100 articles on Pacific Biosciences of California. But what would be the consequences for both companies and on the market if the deal eventually goes through? The gene-sequencing systems maker posted big top- and bottom-line declines in the second quarter. 4.3 Next-Generation Sequencing Market Share, By Technology, 2019 vs 2025 4.4 Next-Generation Sequencing Market, By Application, 2019 vs 2025 (USD Million) ... Table 28 Pacbio RS II Systems Market, By Region, 2017–2025 (USD Million) Table 29 Sequel Systems Market, By … Lower net lossreflects Other Sales, general and administrative decreaseof 8% to $49.6M (expense), Interest expense decrease of 86%to $267K (expense). Trade investigations and a stumbling patent portfolio have investors growing anxious about the pending acquisition by Illumina. Pacific Biosciences of California Inc Market data powered by FactSet and Web Financial Group. Announces Preliminary Fourth Quarter 2020 Revenue. You can read more about the power of momentum in assessing share price movements on Stockopedia. For more information, learn about our StockRank Styles. You can read more about the power of momentum in assessing share price movements on Stockopedia. The firm lost $102 million in 2018 and $92 million … These two small-cap stocks are risky, but not as risky as penny stocks. Market … Founded in 1993 by brothers Tom and David Gardner, The Motley Fool helps millions of people attain financial freedom through our website, podcasts, books, newspaper column, radio show, and premium investing services. It offers The SMRT Cell, Phospholinked nucleotides and The PacBio RS II and Sequel instruments. 78 Outperform. Look At These 2 Companies First, Here's Why Pacific Biosciences Gained as Much as 10.5% Today, Why Pacific Biosciences of California Stock Is Sinking Today, Here's Why Pacific Biosciences Is Tumbling Today, Why Pacific Biosciences of California Stock Is Skyrocketing Today, Why Pacific Biosciences Fell By 10.6% Earlier Today, Here's Why Pacific Biosciences Tumbled 10% Today, Here's Why Pacific Biosciences of California, Inc. Rose 40.3% in June, Copyright, Trademark and Patent Information. Despite the market volatility, shares in Pacific Biosciences Of California Inc (NSQ:PACB) have been in an uptrend in recent months. 1.1  3.1%. The deal, announced in November 2018, would have seen Illumina acquire PacBio for $8 per share — approximately $1.2 billion in cash. 25 Underperform. Pacific Biosciences is a leader in the latest generation of human DNA sequencing. Market Cap: $7B: Company Rating. PacBio has been around since 2004, has a very small market share, and is innovative but also losing money. Why Pacific Biosciences of California Hit a Speed Bump With Its Q3 Results, Pacific Biosciences of California (PACB) Q3 2020 Earnings Call Transcript, Why Pacific Biosciences of California Stock Jumped Today, Why Pacific Biosciences of California Shares Are Soaring Today. 0.656k% over the past 365 days. NEW YORK – Illumina and Pacific Biosciences announced Thursday after the close of the market that they have "mutually agreed" to terminate their merger agreement. per Employee $224.98K; P/E Ratio N/A; EPS-$0.28; Yield N/A; Dividend N/A; Ex … The overall consensus recommendation for Pacific Biosciences of California Inc is Hold. Email Print Friendly Share. $37.42, giving the company a market capitalisation of Investors liked the pricing of the company's secondary stock offering. If PacBio can build the business such that it secures $250 million in revenue in 2023 and $500 million in 2027, I believe the standalone value is in the range of $6 to $7 per share. Stock analysis for Pacific Biosciences of California Inc (PACB:NASDAQ GS) including stock price, stock chart, company news, key statistics, fundamentals and company profile. 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