Pacific Biosciences of California (PACB) Stock Forecast, Price Target & Predictions


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PACB Stock Forecast


Pacific Biosciences of California stock forecast is as follows: an average price target of $3.00 (represents a 65.75% upside from PACB’s last price of $1.81) and a rating consensus of 'Buy', based on 9 wall street analysts offering a 1-year stock forecast.

PACB Price Target


The average price target for Pacific Biosciences of California (PACB) is $3.00 based on 1-year price targets from 9 Wall Street analysts in the past 3 months, with a price target range of $4.00 to $2.00. This represents a potential 65.75% upside from PACB's last price of $1.81.

PACB Analyst Ratings


Buy

According to 9 Wall Street analysts, Pacific Biosciences of California's rating consensus is 'Buy'. The analyst rating breakdown for PACB stock is 0 'Strong Buy' (0.00%), 5 'Buy' (55.56%), 3 'Hold' (33.33%), 1 'Sell' (11.11%), and 0 'Strong Sell' (0.00%).

Pacific Biosciences of California Price Target by Analyst


DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Jun 03, 2024Tycho PetersonJefferies$4.00$1.79123.46%120.99%
May 13, 2024Tejas SavantMorgan Stanley$4.00$1.98102.53%120.99%
May 13, 2024David WestenbergPiper Sandler$2.00$1.7712.99%10.50%
May 10, 2024Luke SergottBarclays$2.00$1.7216.28%10.50%
Apr 18, 2024Matthew SykesGoldman Sachs$2.50$1.4078.57%38.12%
Apr 16, 2024Kyle MiksonCanaccord Genuity$3.50$1.40150.00%93.37%
Nov 16, 2022-Canaccord Genuity$14.00$10.8029.57%673.48%
Aug 17, 2022David WestenbergPiper Sandler$7.50$7.61-1.45%314.36%
May 15, 2022David WestenbergPiper Sandler$6.00$5.842.74%231.49%
Jan 12, 2022David WestenbergPiper Sandler$20.00$14.4538.41%1004.97%
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The latest Pacific Biosciences of California stock forecast, released on Jun 03, 2024 by Tycho Peterson from Jefferies, set a price target of $4.00, which represents a 123.46% increase from the stock price at the time of the forecast ($1.79), and a 120.99% increase from PACB last price ($1.81).

Pacific Biosciences of California Price Target by Period


1M3M12M
# Anlaysts--6
Avg Price Target--$3.00
Last Closing Price$1.81$1.81$1.81
Upside/Downside-100.00%-100.00%65.75%

In the current month, the average price target of Pacific Biosciences of California stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Pacific Biosciences of California's last price of $1.81. This month's average price target is down NaN% compared to last quarter, and down -100.00% compared to last year.

Analyst Ratings Upgrades/Downgrades


DateCompanyPrevious RatingNew RatingRating Change
Aug 28, 2024Morgan StanleyUnderperformUnderperformHold
Aug 28, 2024ScotiabankSector OutperformSector OutperformHold
Aug 12, 2024Morgan StanleyBuyBuyHold
Aug 12, 2024JefferiesUnderperformUnderperformHold
Jun 03, 2024Jefferies-BuyInitialise
May 13, 2024Morgan StanleyEqual-WeightEqual-WeightHold
May 13, 2024Piper SandlerNeutralNeutralHold
May 10, 2024BarclaysEqual-WeightEqual-WeightHold
Apr 18, 2024ScotiabankSector OutperformSector OutperformHold
Apr 18, 2024BernsteinOutperformOutperformHold
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Pacific Biosciences of California's last stock rating was published by Morgan Stanley on Aug 28, 2024. The company gave PACB a "Underperform" rating, the same as its previous rate.

Pacific Biosciences of California Financial Forecast


Pacific Biosciences of California Revenue Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jul 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
Revenue-------------$55.69M$47.57M$38.90M$27.35M$32.31M-$33.17M$36.02M$34.89M$30.61M$29.00M$27.14M$19.08M$17.08M$15.60M$27.93M$21.91M
Avg Forecast$77.20M$64.70M$53.90M$61.90M$61.68M$53.59M$48.88M$45.68M$50.39M$41.80M$40.88M$43.44M$57.47M$48.76M$40.18M$34.38M$26.20M$35.40M$35.16M$32.91M$36.12M$33.60M$29.99M$25.58M$24.79M$20.33M$13.72M$20.07M$25.49M$27.04M
High Forecast$82.81M$69.40M$57.82M$66.40M$66.16M$57.48M$52.43M$49.00M$54.06M$44.89M$43.86M$46.60M$59.28M$50.80M$43.10M$36.88M$28.11M$37.97M$35.16M$33.66M$36.94M$34.36M$30.67M$26.16M$25.35M$20.79M$14.03M$20.52M$26.06M$27.65M
Low Forecast$71.77M$60.15M$50.11M$57.55M$57.34M$49.82M$45.44M$42.47M$46.85M$39.36M$38.01M$40.39M$54.82M$47.38M$37.36M$31.96M$24.36M$32.91M$35.16M$32.02M$35.14M$32.69M$29.18M$24.89M$24.12M$19.78M$13.35M$19.53M$24.80M$26.30M
# Analysts545443435854596437534855555544
Surprise %-------------1.14%1.18%1.13%1.04%0.91%-1.01%1.00%1.04%1.02%1.13%1.09%0.94%1.24%0.78%1.10%0.81%

Pacific Biosciences of California's average Quarter revenue forecast for Dec 23 based on 5 analysts is $57.47M, with a low forecast of $54.82M, and a high forecast of $59.28M. PACB's average Quarter revenue forecast represents a 3.20% increase compared to the company's last Quarter revenue of $55.69M (Sep 23).

Pacific Biosciences of California EBITDA Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jul 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts545443435854596437534855555544
EBITDA-------------$-64.54M$-62.27M$-72.13M$-76.14M$-69.03M-$-78.86M$-60.97M$-71.90M$-35.02M$-83.25M$74.41M$-21.39M$-20.81M$3.90M$3.10M$-25.90M
Avg Forecast$-77.20M$-64.70M$-53.90M$-61.90M$-61.68M$-53.59M$-48.88M$-45.68M$-50.39M$-41.80M$-40.88M$-82.78M$-57.47M$-48.76M$-40.18M$-75.25M$-26.20M$-71.56M$-35.16M$-59.49M$-56.62M$-65.05M$-33.27M$-85.06M$-24.79M$-19.75M$-24.28M$7.23M$5.57M$-18.99M
High Forecast$-71.77M$-60.15M$-50.11M$-57.55M$-57.34M$-49.82M$-45.44M$-42.47M$-46.85M$-39.36M$-38.01M$-66.22M$-54.82M$-47.38M$-37.36M$-60.20M$-24.36M$-57.24M$-35.16M$-47.59M$-45.29M$-52.04M$-26.61M$-68.05M$-24.12M$-15.80M$-19.43M$8.68M$6.68M$-15.19M
Low Forecast$-82.81M$-69.40M$-57.82M$-66.40M$-66.16M$-57.48M$-52.43M$-49.00M$-54.06M$-44.89M$-43.86M$-99.33M$-59.28M$-50.80M$-43.10M$-90.30M$-28.11M$-85.87M$-35.16M$-71.38M$-67.94M$-78.06M$-39.92M$-102.07M$-25.35M$-23.70M$-29.14M$5.78M$4.45M$-22.79M
Surprise %-------------1.32%1.55%0.96%2.91%0.96%-1.33%1.08%1.11%1.05%0.98%-3.00%1.08%0.86%0.54%0.56%1.36%

5 analysts predict PACB's average Quarter EBITDA for Mar 21 to be $-85.06M, with a high of $-68.05M and a low of $-102.07M. This is -214.31% lower than Pacific Biosciences of California's previous annual EBITDA (Dec 20) of $74.41M.

Pacific Biosciences of California Net Income Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jul 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts545443435854596437534855555544
Net Income-------------$-66.87M$-69.83M$-81.15M$-79.84M$-83.60M-$-84.41M$-69.33M$16.54M$-41.00M$-87.44M$74.94M$-23.71M$-23.09M$1.26M$-91.00K$-29.12M
Avg Forecast$-40.86M$-46.31M$-46.31M$-46.31M$-48.76M$-48.78M$-49.33M$-49.23M$-56.04M$-60.13M$-63.46M$-91.46M$-78.16M$-78.80M$-87.16M$-83.14M$-98.15M$16.46M$-91.21M$-65.72M$-64.38M$14.97M$-38.95M$-89.34M$63.23M$-21.88M$-26.93M$2.34M$-163.50K$-21.36M
High Forecast$-37.12M$-42.07M$-42.07M$-42.07M$-44.30M$-44.32M$-44.82M$-44.73M$-50.92M$-48.10M$-57.66M$-73.17M$-65.55M$-64.03M$-79.19M$-66.51M$-89.18M$19.76M$-91.21M$-52.58M$-51.50M$17.96M$-31.16M$-71.47M$75.87M$-17.51M$-21.55M$2.81M$-130.80K$-17.09M
Low Forecast$-44.72M$-50.68M$-50.68M$-50.68M$-53.37M$-53.39M$-53.99M$-53.89M$-61.34M$-81.17M$-69.46M$-109.75M$-83.20M$-162.53M$-95.39M$-99.77M$-107.43M$13.17M$-91.21M$-78.87M$-77.25M$11.97M$-46.74M$-107.20M$50.58M$-26.26M$-32.32M$1.87M$-196.19K$-25.63M
Surprise %-------------0.85%0.80%0.98%0.81%-5.08%-1.28%1.08%1.11%1.05%0.98%1.19%1.08%0.86%0.54%0.56%1.36%

Pacific Biosciences of California's average Quarter net income forecast for Dec 21 is $-64.38M, with a range of $-77.25M to $-51.50M. PACB's average Quarter net income forecast represents a -489.17% decrease compared to the company's last Quarter net income of $16.54M (Sep 21).

Pacific Biosciences of California SG&A Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jul 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts545443435854596437534855555544
SG&A-------------$43.43M$40.57M$39.82M$45.00M$36.80M-$39.80M$37.32M$31.61M$29.06M$26.14M$17.95M$14.77M$15.13M$24.95M$16.58M$20.07M
Avg Forecast$73.70M$61.77M$51.46M$59.10M$58.88M$51.16M$46.66M$43.61M$48.11M$39.91M$39.03M$41.47M$54.87M$46.56M$38.36M$32.82M$25.02M$31.46M$33.57M$32.10M$34.65M$28.60M$27.61M$24.42M$15.15M$13.64M$13.10M$19.16M$24.33M$14.72M
High Forecast$79.06M$66.26M$55.20M$63.39M$63.16M$54.88M$50.05M$46.78M$51.61M$42.86M$41.87M$44.49M$56.59M$48.50M$41.15M$35.21M$26.84M$37.75M$33.57M$38.52M$41.59M$34.32M$33.13M$24.97M$18.18M$16.36M$13.40M$19.59M$24.88M$17.66M
Low Forecast$68.52M$57.43M$47.84M$54.94M$54.74M$47.56M$43.38M$40.54M$44.73M$37.57M$36.29M$38.56M$52.33M$45.24M$35.66M$30.51M$23.26M$25.16M$33.57M$25.68M$27.72M$22.88M$22.09M$23.76M$12.12M$10.91M$12.75M$18.64M$23.68M$11.77M
Surprise %-------------0.93%1.06%1.21%1.80%1.17%-1.24%1.08%1.11%1.05%1.07%1.19%1.08%1.15%1.30%0.68%1.36%

Pacific Biosciences of California's average Quarter SG&A projection for Dec 23 is $54.87M, based on 5 Wall Street analysts, with a range of $52.33M to $56.59M. The forecast indicates a 26.34% rise compared to PACB last annual SG&A of $43.43M (Sep 23).

Pacific Biosciences of California EPS Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jul 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts545443435854596437534855555544
EPS-------------$-0.26$-0.28$-0.34$-0.35$-0.37-$-0.38$-0.31$0.08$-0.21$-0.45$0.40$-0.14$-0.15$0.01$-0.00$-0.19
Avg Forecast$-0.15$-0.17$-0.17$-0.17$-0.18$-0.18$-0.18$-0.18$-0.21$-0.22$-0.23$-0.28$-0.29$-0.29$-0.32$-0.33$-0.36$-0.33$-0.34$-0.32$-0.28$-0.22$-0.21$-0.46$0.42$-0.13$-0.18$-0.16$-0.16$-0.15
High Forecast$-0.14$-0.15$-0.15$-0.15$-0.16$-0.16$-0.16$-0.16$-0.19$-0.18$-0.21$-0.25$-0.24$-0.24$-0.29$-0.30$-0.33$-0.30$-0.34$-0.31$-0.27$-0.21$-0.20$-0.44$0.44$-0.13$-0.17$-0.15$-0.16$-0.14
Low Forecast$-0.16$-0.19$-0.19$-0.19$-0.20$-0.20$-0.20$-0.20$-0.23$-0.30$-0.26$-0.30$-0.31$-0.60$-0.35$-0.36$-0.39$-0.36$-0.34$-0.33$-0.29$-0.23$-0.21$-0.47$0.41$-0.14$-0.19$-0.16$-0.17$-0.15
Surprise %-------------0.90%0.88%1.02%0.97%1.12%-1.19%1.09%-0.36%1.02%0.98%0.94%1.04%0.83%-0.06%0.00%1.27%

According to 4 Wall Street analysts, Pacific Biosciences of California's projected average Quarter EPS for Dec 21 is $-0.28, with a low estimate of $-0.29 and a high estimate of $-0.27. This represents a -454.16% decrease compared to PACB previous annual EPS of $0.08 (Sep 21).

Pacific Biosciences of California Peer Comparison by Price Target


TickerCompanyLast Closing PriceAvg Price TargetUpside/DownsideAvg Rating
NTLAIntellia Therapeutics$22.07$119.16439.92%Buy
EDITEditas Medicine$3.95$17.00330.38%Buy
CRSPCRISPR Therapeutics$48.94$109.58123.91%Buy
PACBPacific Biosciences of California$1.81$3.0065.75%Buy
TWSTTwist Bioscience$46.95$41.20-12.25%Buy

PACB Forecast FAQ


Yes, according to 9 Wall Street analysts, Pacific Biosciences of California (PACB) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 5 'Buy' recommendations, accounting for 55.56% of PACB's total ratings.

Pacific Biosciences of California (PACB) average price target is $3 with a range of $2 to $4, implying a 65.75% from its last price of $1.81. The data is based on 9 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

According to Wall Street analysts' prediction for PACB stock, the company can go up by 65.75% (from the last price of $1.81 to the average price target of $3), up by 120.99% based on the highest stock price target, and up by 10.50% based on the lowest stock price target.

PACB's highest twelve months analyst stock price target of $4 supports the claim that Pacific Biosciences of California can reach $3 in the near future.

Pacific Biosciences of California's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $209.82M (high $225.07M, low $195.06M), average EBITDA is $-210M (high $-195M, low $-225M), average net income is $-196M (high $-178M, low $-215M), average SG&A $200.32M (high $214.88M, low $186.23M), and average EPS is $-0.72 (high $-0.654, low $-0.788). PACB's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $257.7M (high $276.44M, low $239.58M), average EBITDA is $-258M (high $-240M, low $-276M), average net income is $-180M (high $-163M, low $-197M), average SG&A $246.03M (high $263.92M, low $228.73M), and average EPS is $-0.66 (high $-0.6, low $-0.722).

Based on Pacific Biosciences of California's last annual report (Dec 2022), the company's revenue was $128.3M, which missed the average analysts forecast of $129.68M by -1.06%. Apple's EBITDA was $-297M, beating the average prediction of $-192M by 54.46%. The company's net income was $-297M, beating the average estimation of $-239M by 24.44%. Apple's SG&A was $160.85M, beating the average forecast of $122.14M by 31.70%. Lastly, the company's EPS was $-1.32, missing the average prediction of $-1.35 by -2.25%. In terms of the last quarterly report (Sep 2023), Pacific Biosciences of California's revenue was $55.69M, beating the average analysts' forecast of $48.76M by 14.21%. The company's EBITDA was $-64.538M, beating the average prediction of $-48.764M by 32.35%. Pacific Biosciences of California's net income was $-66.869M, missing the average estimation of $-78.801M by -15.14%. The company's SG&A was $43.43M, missing the average forecast of $46.56M by -6.71%. Lastly, the company's EPS was $-0.26, missing the average prediction of $-0.289 by -10.13%