Cytek Biosciences Inc logo

Cytek Biosciences Inc(CTKB)

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ADVISORIES YOU CAN VERIFY
QUALITY SIGNAL RECENCY
1-STAR RATING
Consider higher Upturn Star rating
BUY for 28 days
PROFIT SINCE LAST BUY
+20.99% ▲
LAST CLOSE
$5.65
09/25/2026
(24-hour delay)

Advisory History & Simulated Performance *

*as per simulation (see disclosures)
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Upturn Advisory & Investor View for CTKB

09/25/2026: CTKB (1-star) has a low Upturn Star Rating. Not recommended to BUY.

Cytek Biosciences is a life sciences tools company that has gained recognition for its innovative Full Spectrum Profiling cytometry platforms. The company’s primary strength lies in its specialized Aurora and Northern Lights systems, which provide high-resolution cell analysis that outpaces many traditional methods. While Cytek has a significant growth opportunity in transitioning its technology into the clinical diagnostics market, it faces stiff competition from entrenched industry leaders like Becton Dickinson. Retail investors should monitor the company's ability to maintain revenue growth amid fluctuating biotech R&D budgets and manage its regulatory path. Cytek is best suited for growth-oriented investors capable of managing the volatility inherent in early-stage medical technology stocks.

How to Read the Upturn Advisory

The Upturn Star Rating and the current BUY, SELL, or PASS advisory are generated by Upturn’s AI advisory engine based on proprietary signal analysis, price behavior, advisory history, and historical signal performance.

Company fundamentals, valuation, risks, and news provide supporting context about the business.

Investor Fit

Investor styleFitWhy
Growth investorStrong fitThe company operates in a high-growth sector of life sciences with proprietary technology that commands a premium.
Momentum investorMixed fitMomentum fit is conditional on a positive Upturn signal as the stock often reacts to biotech spending trends.
Value investorWeak fitThe company's current valuation remains driven by growth expectations rather than established earnings multiples.
Dividend investorWeak fitThe company does not pay a dividend and prioritizes capital reinvestment.
Low-risk investorWeak fitSmall-cap life science stocks are subject to significant volatility and business execution risk.

Risk Profile

Risk factorLevelWhy it matters
Price volatilityHighAs a smaller-cap growth stock, share prices are subject to significant swings based on industry sentiment.
Valuation riskMedium / highHigh growth multiples can contract rapidly if revenue growth expectations are not met.
Competition risk (incumbent diagnostics)HighEstablished players like Becton Dickinson have significant resources to protect their market share.
Business qualityMediumThe core technology is strong, but the business is still building global commercial scale.
Dividend incomeLow / noneIncome-focused investors will not find this stock suitable for dividends.
Execution riskMediumSuccess depends on effectively scaling operations and securing clinical adoption.

Price Behavior

Downtrend
PRICE PATH

Downtrend

The stock has experienced a sustained decline in price over recent periods.

Choppy
PRICE STABILITY

Choppy

The stock has experienced frequent reversals and pronounced short-term price swings.

Analysis of Past Performance

Type Stock
Historic Profit -25.65%
Avg. Invested days 27
Today’s Advisory Consider higher Upturn Star rating
Upturn Advisory Rating upturn star rating icon
Upturn Advisory Performance Upturn Advisory Performance icon 2.0
Stock Returns Performance Upturn Returns Performance icon 1.0
Upturn Profits based on simulation icon Profits based on simulation
Upturn last close icon Last Close 09/25/2026

Upturn Scorecard

Upturn Star Rating

★★★★★
CTKB receives a 2-star rating, supported by available scored pillars. The rating is constrained by weak unit economics, weak price momentum, and limited analyst upside.

Company Fundamentals

★★★★★
CTKB has moderate overall fundamentals (3 stars), with moderate financial health, soft growth momentum, and solid ownership. In FY2025 versus FY2024, growth and ownership metrics are mixed: negative earnings growth (-1005.3%), soft cash generation (FCF margin -4.4%), moderate revenue growth (+0.5%).

Financial Health Rating

★★★★★
CTKB's financial health is supported by solid liquidity, including working-capital and asset support (WC/assets 68.1%). Profitability is soft (2 stars), which helps explain the 3-star overall score.

Growth Momentum Score

★★★★★
Revenue growth is CTKB's strongest growth driver at +0.5% FY2025 versus FY2024 (moderate, 3 stars). By comparison, while earnings growth (-1005.3%, negative) and free-cash-flow growth (-140.1%, negative) hold the profile back, so recent growth is not broad-based across the business.

Ownership

★★★★★
Institutional ownership is 63.0% and approximately 79.2% of outstanding shares are publicly tradable, supporting liquidity and institutional participation. Insider ownership of 8.47% supports management-shareholder alignment.

Top 5 Institutional Investors

BlackRock Inc 13.08%
Millennium Management LLC 7.18%
Boston Partners Global Investors, Inc 5.89%
Hillhouse Capital Advisors, Ltd. 5.12%
Topline Capital Management LLC 4.83%

Unit Economics (Per $1K Revenue)

★★★★★
CTKB generates approximately $518 of gross profit, $-200 of operating income, and $-44 of free cash flow for every $1,000 of revenue. Based on FY2025 results. Strong cash conversion and healthy margins support the rating, although capital efficiency remains below the highest tier.

Economic Dimensions

★★★★★
Effective Tax Rate: -122.98% (Tax Credit)

Quantitative Style Profile

★★★★★
CTKB has a liquid profile. Weak momentum is the primary drawback, while valuation that is moderately attractive rather than deeply discounted.

Style Classification

Quality Focused

Small / Mid Cap RiskShort Squeeze RiskHighly Liquid / Institution-Friendly

Key Highlights

Company Size Small-Cap Stock
Market Capitalization 744.80M USD
Price to earnings Ratio -
1Y Target Price 5.56
Price to earnings Ratio -
1Y Target Price 5.56
Volume (30-day avg) 1.1M shares
Beta 1.19
52 Weeks Range 3.28 - 6.18
Updated Date 09/25/2026
52 Weeks Range 3.28 - 6.18
Updated Date 09/25/2026
Dividends yield (FY) -
Basic EPS (TTM) -0.63

How Company Makes Money

Business areaWhat it includesRetail investor read
InstrumentsRevenue from the sale of Aurora, Northern Lights, and imaging systems.This is the primary revenue driver, representing sales of high-tech laboratory hardware.
Reagents and ConsumablesSales of cFluor reagents and specialized assays used with the instruments.This segment provides recurring revenue that grows as the installed base of instruments expands.
Services and SupportMaintenance contracts, training, and technical support services.Provides stable, long-term cash flow after the initial instrument purchase.

Analyzing Revenue: Products, Geography and Growth

Revenue by Products

Product revenue - Year on Year

Revenue by Geography

Geography revenue - Year on Year

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Valuation

Trailing PE -
Forward PE 370.37
Enterprise Value 502.76M
Price to Sales(TTM) 3.6
Enterprise Value 502.76M
Price to Sales(TTM) 3.6
Enterprise Value to Revenue 2.43
Enterprise Value to EBITDA 222.69
Shares Outstanding 129.98M
Shares Floating 102.94M
Shares Outstanding 129.98M
Shares Floating 102.94M
Percent Insiders 8.47
Percent Institutions 63.05

Icon representing Upturn AI-generated SWOT analysis summary Upturn AI Summary

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Financial Metrics

🧭 Investment Snapshot

Total Revenue (Scale)

Information icon Total money earned from selling products or services before any costs. It is needed to understand the scale of the business and its ability to generate income.

Net Income (Profit)

Information icon Final profit after all expenses, interest, and taxes are deducted. It is needed to determine the overall profitability available to shareholders.

Free Cash Flow (Cash Strength)

Information icon Cash remaining after operating activities and capital expenditures, showing cash available for growth. It is needed to evaluate the company’s ability to invest, pay dividends, or reduce debt.

📈 Growth & Strength

Operating Income (Core Profit)

Information icon Profit from core operations after deducting all operating expenses. It is needed to measure how efficiently the company runs its primary business activities.

EBITDA (Cash Earnings)

Information icon Earnings before interest, taxes, depreciation, and amortization, indicating operating cash potential. It is needed to compare operating performance across companies without accounting or financing differences.

Gross Profit (Unit Profitability)

Information icon Revenue minus cost of revenue, showing profit after direct production costs. It is needed to evaluate core business profitability before overhead expenses.

🛡️ Financial Safety

Cash (Liquidity Buffer)

Information icon Total cash and cash equivalents on hand. It is needed to evaluate immediate liquidity and financial flexibility.

Total Debt (Leverage Risk)

Information icon Total debt including both short-term and long-term components. It is needed to assess the company’s leverage and financial risk.

Net Working Capital (Short-Term Health)

Information icon Current assets minus current liabilities, indicating short-term liquidity strength. It is needed to assess whether the company can meet its short-term obligations.

🧱 Balance Sheet Strength

Stockholder Equity (Net Worth)

Information icon Total equity value held by shareholders. It is needed to understand the net worth of the company from the owners’ perspective.

Total Assets (Asset Base)

Information icon The full value of everything the company owns, including cash, inventory, equipment, and investments. It is needed to understand the resource base used to generate revenue.

Income Before Tax (Pre-Tax Earnings)

Information icon Income before provision for income taxes. It is needed to analyze profitability independent of tax structures.

⚙️ Cost & Drag Factors

Cost of Revenue (Production Cost)

Information icon Direct costs required to produce and deliver the products or services sold. It is needed to assess efficiency in production and service delivery.

Total Operating Expenses (Operating Cost)

Information icon Indirect costs of running the business such as salaries, marketing, and administration. It is needed to understand how much it costs to sustain ongoing business operations.

Income Tax Expense (Tax Drag)

Information icon Amount of taxes paid or payable to the government. It is needed to evaluate the impact of taxation on overall profitability.

About Cytek Biosciences Inc

Exchange NASDAQ
Headquarters Fremont, CA, United States
IPO Launch date 2021-07-23
President, CEO & Chairman of the Board Dr. Wenbin Jiang Ph.D.
Sector Healthcare
Industry Medical Devices
Full time employees 682
Full time employees 682

Cytek Biosciences, Inc., a cell analysis solutions company, provides cell analysis tools that facilitate scientific advances in biomedical research and clinical applications. The company offers Cytek aurora, northern lights systems, and Cytek aurora evo systems delivers cell analysis; Cytek Aurora CS System, a cellular complexity to perform additional downstream genomic and proteomic studies using phenotyping approaches; enhanced small particle detection; Cytek amnis imagestream imaging flow cytometers; Cytek guava muse cell analyzers; Cytek muse micro cell analyzers; Cytek guava easyCyte flow cytometers; and Cytek orion reagent cocktail preparation systems. It also provides reagents and kits, including cFluor reagents that are fluorochrome conjugated antibodies used to identify cells of interest for analysis on its instruments. In addition, the company offers automated micro-sampling system and automated sample loader system, an automated loaders designed to integrate seamlessly into the Cytek aurora and northern lights systems; SpectroFlo software that provides intuitive workflow from quality control to data analysis for Cytek aurora, northern lights, and Cytek aurora evo systems; and customer support tools. Further, it provides conventional flow and image-based flow cytometry instrumentation and related products and services under the Amnis and Guava brand names. The company serves pharmaceutical and biopharma companies, academic research centers, and contract research organizations. It distributes its products through direct sales force and support organizations in North America, Europe, China, and the Asia-Pacific regions; and through distributors or sales agents in Europe, Latin America, and the Middle East countries. The company was formerly known as Cytoville, Inc. and changed its name to Cytek Biosciences, Inc. in August 2015. Cytek Biosciences, Inc. was founded in 1992 and is headquartered in Fremont, California.