Standard Biotools Inc logo

Standard Biotools Inc(LAB)

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ADVISORIES YOU CAN VERIFY
QUALITY SIGNAL
1-STAR RATING
PASS
LAST CLOSE
$0.73
09/28/2026
(24-hour delay)

Advisory History & Simulated Performance *

*as per simulation (see disclosures)
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Advisory Performance History (Simulated)Advisory Performance History info

Upturn Advisory & Investor View for LAB

09/28/2026: LAB (1-star) is currently NOT-A-BUY. Pass it for now.

Standard Biotools is a life science tools company specializing in mass cytometry and proteomics technologies that enable high-dimensional cellular analysis. The company's recent merger with SomaLogic represents its primary growth story, aiming to create a comprehensive multi-omics platform for drug discovery. While this expansion positions it to serve a larger market, the company faces significant execution risks, including the integration of complex technologies and historical operating losses. It is best suited for growth-oriented investors with a high risk tolerance who are monitoring the successful commercial adoption of its integrated systems. Investors should closely watch for margin improvements and the ability to compete against large, well-resourced industry incumbents.

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 investorMixed fitThe company offers exposure to high-growth proteomics but faces significant execution risks post-merger.
Momentum investorWeak fitThe stock lacks consistent upward momentum and currently operates in a cautious biotech investment environment.
Value investorWeak fitThe company has yet to establish sustained profitability, making traditional value metrics difficult to apply.
Dividend investorWeak fitStandard Biotools is a growth-focused entity that does not pay dividends.
Low-risk investorWeak fitHigh volatility and operational challenges make this stock unsuitable for conservative, low-risk portfolios.

Risk Profile

Risk factorLevelWhy it matters
Price volatilityHighThe stock is susceptible to large swings based on biotech sentiment and company-specific news.
Valuation riskMedium / highAs a growth-stage company, valuation is often based on future projections rather than current cash flows.
Competition risk (proteomics/cytometry)HighIncumbents like Thermo Fisher have significant resources to challenge Standard Biotools' market share.
Business qualityMediumThe company is in a transition phase, and the long-term success of the new platform remains to be proven.
Dividend incomeLow / noneNo income stream exists for shareholders.
Execution riskHighSuccessfully integrating SomaLogic and achieving projected synergies is critical for future performance.

Price Behavior

Steep Decline
PRICE PATH

Steep Decline

The stock price has dropped sharply with strong downward pressure.

Extreme Price Shocks
PRICE STABILITY

Extreme Price Shocks

The stock has experienced exceptionally large and disruptive price movements during the period.

Analysis of Past Performance

Type Stock
Historic Profit -65.12%
Avg. Invested days 21
Today’s Advisory PASS
Upturn Advisory Rating upturn star rating icon
Upturn Advisory Performance Upturn Advisory Performance icon 1.0
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 09/28/2026

Upturn Scorecard

Upturn Star Rating

★★★★★
LAB receives a 3-star rating based on the available scored pillars. The rating is constrained by weak unit economics, and weak price momentum.

Company Fundamentals

★★★★★
LAB has moderate overall fundamentals (3 stars), with soft financial health, moderate growth momentum, and solid ownership. In FY2025 versus FY2024, strong earnings growth (+46.1%) is partially offset by weak cash generation (FCF margin -96.9%), negative revenue growth (-51.1%), weak profitability (net margin -87.8%).

Financial Health Rating

★★★★★
LAB's financial health is soft, with the relatively strongest area being moderate liquidity, including working-capital and asset support (WC/assets 60.9%). Operating efficiency is soft (2 stars), which helps explain the 2-star overall score.

Growth Momentum Score

★★★★★
Earnings growth is LAB's strongest growth driver at +46.1% FY2025 versus FY2024 (strong, 5 stars). By comparison, free-cash-flow growth (+45.6%, strong) is also strong, while revenue growth (-51.1%, negative) holds the profile back, so recent growth is not broad-based across the business.

Ownership

★★★★★
Institutional ownership is 76.0% and approximately 47.0% of outstanding shares are publicly tradable, supporting liquidity and institutional participation. Insider ownership of 2.02% provides only moderate management-shareholder alignment.

Top 5 Institutional Investors

Casdin Capital, LLC 22.62%
Viking Global Investors LP 14.94%
Mak Capital One LLC 6.67%
BlackRock Inc 6.31%
Long Focus Capital Management, LLC 5.99%

Unit Economics (Per $1K Revenue)

★★★★★
LAB generates approximately $499 of gross profit, $-1,093 of operating income, and $-969 of free cash flow for every $1,000 of revenue. Based on FY2025 results. Operating losses and cash burn explain the 1-star rating, with weak cash conversion and weak capital efficiency.

Economic Dimensions

★★★★★
Effective Tax Rate: 39.17%

Quantitative Style Profile

★★★★★
LAB has a Value-Oriented profile. Weak momentum is the primary drawback, while elevated volatility.

Style Classification

Quality Focused

Value-OrientedHigh VolatilitySmall / Mid Cap Risk

Key Highlights

Company Size Small-Cap Stock
Market Capitalization 290.47M USD
Price to earnings Ratio -
1Y Target Price 1.35
Price to earnings Ratio -
1Y Target Price 1.35
Volume (30-day avg) 1.5M shares
Beta 1.37
52 Weeks Range 0.63 - 1.72
Updated Date 09/27/2026
52 Weeks Range 0.63 - 1.72
Updated Date 09/27/2026
Dividends yield (FY) -
Basic EPS (TTM) -0.13

How Company Makes Money

Business areaWhat it includesRetail investor read
InstrumentsSale of CyTOF and Biomark HD systems.Revenue from one-time high-value equipment sales.
ConsumablesReagents, assays, and chips used in systems.Recurring revenue driven by the size of the installed machine base.
ServicesMaintenance, support, and clinical testing services.Steady revenue stream from servicing installed systems.

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 -
Enterprise Value -170.25M
Price to Sales(TTM) 3.43
Enterprise Value -170.25M
Price to Sales(TTM) 3.43
Enterprise Value to Revenue 0.27
Enterprise Value to EBITDA -19.22
Shares Outstanding 392.58M
Shares Floating 184.62M
Shares Outstanding 392.58M
Shares Floating 184.62M
Percent Insiders 2.02
Percent Institutions 75.99

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 Standard Biotools Inc

Exchange NASDAQ
Headquarters Boston, MA, United States
IPO Launch date 2003-07-29
President, CEO & Director Dr. Michael Egholm Ph.D.
Sector Healthcare
Industry Medical Devices
Full time employees 385
Full time employees 385

Standard BioTools Inc., together with its subsidiaries, develops, manufactures, and sells a range of instrumentation, consumables, and services to scientists and biomedical researchers to develop therapeutics in the Americas, Europe, the Middle East, Africa, and the Asia pacific. The company operates through Proteomics and Genomics segments. Its proteomics and genomics include instruments, consumables, and assays for clinical and diagnostic uses. The company also provides SomaScan platform that enables researchers to measure proteins simultaneously and provides deep insights into biological processes and disease mechanisms; CyTOF technology platform that uses metal-tagged antibodies and time-of-flight mass spectrometry to eliminate signal interference and expand multiplexing capabilities; Hyperion, a spatial biology platform, which unlocks deeper insights into tissue organization by preserving spatial context while enabling high-dimensional molecular and proteomic analysis; and Biomark X9 system that redefines high-throughput genomics for quantitative polymerase chain reaction applications. The company sells its instruments and consumables for research use only to academic research institutions, translational research and medicine centers, cancer centers, and clinical research laboratories, as well as biopharmaceutical, biotechnology, and plant and animal research companies. It has license agreements with California Institute of Technology, Harvard University, and Caliper Life Sciences, Inc. The company was formerly known as Fluidigm Corporation and changed its name to Standard BioTools Inc. in November 2001. Standard BioTools Inc. was incorporated in 1999 and is headquartered in Boston, Massachusetts.