Upturn unsubscribed user
$1.14/ day, billed weekly
Cancel anytime
(Ad-Free, Unlimited access)​
NO CREDIT CARD REQUIRED
CTKB logo CTKB
Upturn stock ratingUpturn stock rating
CTKB logo

Cytek Biosciences Inc (CTKB)

Upturn stock ratingUpturn stock rating
$4.13
Last Close (24-hour delay)
Profit since last BUY9.84%
upturn advisory
Consider higher Upturn Star rating
BUY since 49 days
  • BUY Advisory
  • SELL Advisory (Profit)​
  • SELL Advisory (Loss)​
  • Profit
  • Loss
  • Pass (Skip investing)
Upturn Stock infoUpturn Stock info Stock price based on last close
*as per simulation
(see disclosures)
Time period over
  • ALL
  • YEAR
  • MONTH
  • WEEK

Upturn Advisory Summary

09/11/2025: CTKB (1-star) has a low Upturn Star Rating. Not recommended to BUY.

Upturn Star Rating

rating

Not Recommended Performance

These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.

Number of Analysts

rating

6 Analysts rated it

Limited analyst coverage, niche firm, research info may be scarce.

1 Year Target Price $5.12

1 Year Target Price $5.12

Analysts Price Target For last 52 week
$5.12 Target price
52w Low $2.37
Current$4.13
52w High $7.63

Analysis of Past Performance

Type Stock
Historic Profit -54.22%
Avg. Invested days 31
Today’s Advisory Consider higher Upturn Star rating
Upturn Star Rating Upturn stock ratingUpturn stock rating
Upturn Advisory Performance Upturn Advisory Performance 2.0
Stock Returns Performance Upturn Returns Performance 1.0
Upturn Profits based on simulationUpturn Profits based on simulation Profits based on simulation
Upturn Profits based on simulationUpturn Profits based on simulation Last Close 09/11/2025

Key Highlights

Company Size Small-Cap Stock
Market Capitalization 525.44M USD
Price to earnings Ratio -
1Y Target Price 5.12
Price to earnings Ratio -
1Y Target Price 5.12
Volume (30-day avg) 6
Beta 1.36
52 Weeks Range 2.37 - 7.63
Updated Date 09/12/2025
52 Weeks Range 2.37 - 7.63
Updated Date 09/12/2025
Dividends yield (FY) -
Basic EPS (TTM) -0.06

Analyzing Revenue: Products, Geography and Growth

Revenue by Products

Product revenue - Year on Year

Revenue by Geography

Geography revenue - Year on Year

Earnings Date

Report Date -
When -
Estimate -
Actual -

Profitability

Profit Margin -3.27%
Operating Margin (TTM) -23.3%

Management Effectiveness

Return on Assets (TTM) -3.77%
Return on Equity (TTM) -1.67%

Valuation

Trailing PE -
Forward PE 370.37
Enterprise Value 287091203
Price to Sales(TTM) 2.68
Enterprise Value 287091203
Price to Sales(TTM) 2.68
Enterprise Value to Revenue 1.46
Enterprise Value to EBITDA -133.96
Shares Outstanding 127224000
Shares Floating 108730530
Shares Outstanding 127224000
Shares Floating 108730530
Percent Insiders 9.24
Percent Institutions 63.36

ai summary icon Upturn AI SWOT

Cytek Biosciences Inc

stock logo

Company Overview

overview logo History and Background

Cytek Biosciences Inc. was founded in 2006. It has focused on advancing cell analysis by developing innovative flow cytometry solutions. The company went public in 2021.

business area logo Core Business Areas

  • Cell Analysis Instruments: Develops and manufactures cell analysis instruments that utilize full spectrum cytometry for advanced cell analysis.
  • Reagents and Consumables: Offers a range of reagents and consumables used in flow cytometry experiments.
  • Services and Support: Provides customer support, training, and application services for its instruments and reagents.

leadership logo Leadership and Structure

Wenbing (Wayne) Ding is the CEO of Cytek Biosciences Inc. The company has a typical corporate structure with departments focused on R&D, sales, marketing, operations, and finance.

Top Products and Market Share

overview logo Key Offerings

  • Aurora Cytometer: A full spectrum flow cytometer that offers high resolution and sensitivity. Competitors include BD Biosciences, Thermo Fisher Scientific, and Beckman Coulter. Market Share data specific to Aurora not available, but considered a key driver in Cytek's overall growth in flow cytometry. Likely top 3 among similar instruments.
  • Northern Lights Cytometer: A more compact and affordable full spectrum flow cytometer, targeting a broader range of research labs. Competitors include BD Biosciences, Thermo Fisher Scientific, and Beckman Coulter. Market Share data specific to Northern Lights not available, but considered a high volume instrument that lowers the barrier to entry for full spectrum flow cytometry.
  • ECHO Reagents: A reagent line designed to work synergistically with their cytometers. Competitors include BD Biosciences, Thermo Fisher Scientific, and BioLegend. Revenue contribution is secondary to instrument sales.

Market Dynamics

industry overview logo Industry Overview

The cell analysis market is growing, driven by advancements in immunology, drug discovery, and personalized medicine. Flow cytometry is a key technology in this market.

Positioning

Cytek is positioned as an innovator in full spectrum flow cytometry, offering high-performance instruments and expanding its reagent offerings. Its competitive advantage lies in its advanced technology and unique optical design.

Total Addressable Market (TAM)

The flow cytometry market is estimated to be worth billions of dollars, with projections for continued growth. Cytek is well-positioned to capture a significant share of this TAM through its innovative products and strategic partnerships.

Upturn SWOT Analysis

Strengths

  • Innovative full spectrum cytometry technology
  • High-resolution and sensitivity instruments
  • Strong brand reputation
  • Expanding reagent portfolio
  • Experienced management team

Weaknesses

  • Relatively small market share compared to established players
  • Dependence on research and development for continued innovation
  • Limited sales and marketing reach compared to larger competitors
  • Pricey instruments may limit adoption by smaller labs

Opportunities

  • Expanding applications of flow cytometry in drug discovery and clinical diagnostics
  • Increasing demand for high-performance cell analysis instruments
  • Growing adoption of full spectrum cytometry
  • Strategic partnerships with pharmaceutical and biotechnology companies
  • Penetration into emerging markets

Threats

  • Intense competition from established players
  • Technological advancements by competitors
  • Price pressures in the market
  • Changes in regulatory requirements
  • Economic downturn affecting research funding

Competitors and Market Share

competitor logo Key Competitors

  • BDX
  • TMO
  • BEC

Competitive Landscape

Cytek competes primarily on technology differentiation, while larger companies like BD and Thermo Fisher have broader product portfolios and established customer bases. Cytek needs to demonstrate superior performance for labs to switch over.

Major Acquisitions

Immudex ApS

  • Year: 2021
  • Acquisition Price (USD millions): 178
  • Strategic Rationale: Expanded Cytek's reagent portfolio and enabled entry into adjacent markets related to immune monitoring and diagnostics.

Growth Trajectory and Initiatives

Historical Growth: Cytek has experienced substantial revenue growth in recent years driven by increased adoption of full spectrum flow cytometry. They are rapidly growing due to product differentiation and increasing customer base.

Future Projections: Analysts project continued revenue growth for Cytek, driven by expanding applications of full spectrum cytometry and strategic partnerships.

Recent Initiatives: Recent initiatives include expanding the reagent portfolio, strengthening sales and marketing efforts, and forming collaborations with key opinion leaders. Further initiatives involve expansion of production and distribution capabilities.

Summary

Cytek Biosciences is a growing company specializing in cell analysis solutions, particularly flow cytometry. Its innovative full spectrum technology sets it apart from competitors, but it has less market share to date compared to larger established players. Continued investment in research and development, strategic partnerships, and effective marketing are crucial for sustained growth. Economic uncertainty and technology leapfrogging remain potential concerns.

Peer Comparison

Sources and Disclaimers

Data Sources:

  • Company Website
  • SEC Filings
  • Analyst Reports
  • Industry Research Reports

Disclaimers:

The information provided is for informational purposes only and should not be considered financial advice. Market data can shift quickly and is subject to change.

Upturn AI SummarizationUpturn AI Summarization AI Summarization is directionally correct and might not be accurate.

Upturn AI SummarizationUpturn AI Summarization Summarized information shown could be a few years old and not current.

Upturn AI SummarizationUpturn AI Summarization Fundamental Rating based on AI could be based on old data.

Upturn AI SummarizationUpturn AI Summarization AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.

About Cytek Biosciences Inc

Exchange NASDAQ
Headquaters 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 688
Full time employees 688

Cytek Biosciences, Inc., a cell analysis solutions company, provides cell analysis tools that facilitates scientific advances in biomedical research and clinical applications. The company offers aurora and northern lights systems delivers cell analysis; aurora cell sorter system that leverages full spectrum profiling technology to further broaden potential applications across cell analysis; enhanced small particle detection; amnis imagestream imaging flow cytometers; guava muse cell analyzers; guava easycyte flow cytometers; and 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 aurora and northern lights systems; SpectroFlo software that provides intuitive workflow from quality control to data analysis for aurora and northern lights systems; and customer support tools. It serves pharmaceutical and biopharma companies, academic research centers, and clinical research organizations. The company 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.