QTRX official logo QTRX
QTRX 1-star rating from Upturn Advisory
Quanterix Corp (QTRX) company logo

Quanterix Corp (QTRX)

Quanterix Corp (QTRX) 1-star rating from Upturn Advisory
$5.22
Last Close (24-hour delay)
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Upturn Stock price based on last close icon Stock price based on last close
*as per simulation
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Upturn Advisory Summary

11/12/2025: QTRX (1-star) is currently NOT-A-BUY. Pass it for now.

Upturn Star Rating

Upturn 1 star rating for performance

Not Recommended Performance

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

Number of Analysts

1 star rating from financial analysts

4 Analysts rated it

Very few follow this stock; limited insights, higher-risk early investing.

1 Year Target Price $6

1 Year Target Price $6

Analysts Price Target For last 52 week
$6 Target price
52w Low $4.05
Current$5.22
52w High $13.01

Analysis of Past Performance

Type Stock
Historic Profit -61.05%
Avg. Invested days 24
Today’s Advisory PASS
Upturn Star 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 11/12/2025

Key Highlights

Company Size Small-Cap Stock
Market Capitalization 243.83M USD
Price to earnings Ratio -
1Y Target Price 6
Price to earnings Ratio -
1Y Target Price 6
Volume (30-day avg) 4
Beta 1.04
52 Weeks Range 4.05 - 13.01
Updated Date 11/12/2025
52 Weeks Range 4.05 - 13.01
Updated Date 11/12/2025
Dividends yield (FY) -
Basic EPS (TTM) -2.34

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 2025-11-05
When -
Estimate -0.4648
Actual -0.73

Profitability

Profit Margin -73.47%
Operating Margin (TTM) -74.94%

Management Effectiveness

Return on Assets (TTM) -14.28%
Return on Equity (TTM) -29.28%

Valuation

Trailing PE -
Forward PE -
Enterprise Value 139332092
Price to Sales(TTM) 1.87
Enterprise Value 139332092
Price to Sales(TTM) 1.87
Enterprise Value to Revenue 1.08
Enterprise Value to EBITDA -1.49
Shares Outstanding 46710797
Shares Floating 40034407
Shares Outstanding 46710797
Shares Floating 40034407
Percent Insiders 6.49
Percent Institutions 73.28

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

Quanterix Corp

Quanterix Corp(QTRX) company logo displayed in Upturn AI summary

Company Overview

Company history and background logo History and Background

Quanterix Corporation was founded in 2007, focusing on ultrasensitive biomarker detection for life science research. It has evolved into a company offering platforms for single molecule counting to accelerate drug development and diagnostics.

Company business area logo Core Business Areas

  • Simoa Consumables: These are reagents and assay kits used with the Simoa platform for biomarker detection.
  • Simoa Instruments: These are the instruments, such as the HD-X and SR-X, that perform the ultrasensitive biomarker analysis.
  • Accelerator Laboratory Services: Provides biomarker testing services to pharmaceutical and academic researchers.

leadership logo Leadership and Structure

Masoud Toloue is the CEO. The company has a typical corporate structure with departments for R&D, sales, marketing, and operations.

Top Products and Market Share

Product Key Offerings logo Key Offerings

  • Simoa HD-X Analyzer: An ultrasensitive immunoassay platform. Competitors include traditional ELISA assays and mass spectrometry-based methods. Specific market share data is not publicly available, but it holds a significant share in the ultrasensitive biomarker detection market.
  • Simoa SR-X Analyzer: A benchtop version of the HD-X for research use. Similar competitor landscape as HD-X, focused on lower throughput needs.
  • Simoa Consumables: Assay kits and reagents required for running samples. Strong recurring revenue stream.

Market Dynamics

industry overview logo Industry Overview

The biomarker analysis market is growing, driven by personalized medicine and drug development. There is increasing demand for accurate and sensitive detection methods.

Positioning

Quanterix is positioned as a leader in ultrasensitive biomarker detection. Its competitive advantage is its Simoa technology, which offers significantly higher sensitivity than traditional methods.

Total Addressable Market (TAM)

The total addressable market is estimated in the billions of dollars, encompassing diagnostics, drug discovery, and research. Quanterix is positioned to capture a growing share of this market with its proprietary technology.

Upturn SWOT Analysis

Strengths

  • Proprietary Simoa technology
  • High sensitivity and accuracy
  • Established customer base
  • Strong brand reputation

Weaknesses

  • High cost of instruments and consumables
  • Limited adoption in some areas of research
  • Competition from established players
  • Reliance on single technology platform

Opportunities

  • Expanding applications in diagnostics and drug development
  • Increasing demand for personalized medicine
  • Partnerships with pharmaceutical companies
  • Development of new Simoa-based assays

Threats

  • Competition from new technologies
  • Regulatory hurdles
  • Economic downturn
  • Patent infringement

Competitors and Market Share

Key competitor logo Key Competitors

  • ILMN
  • DHR
  • PKI

Competitive Landscape

Quanterix has a competitive advantage in ultrasensitive biomarker detection, but faces competition from larger, more established companies with broader product portfolios.

Growth Trajectory and Initiatives

Historical Growth: Historically, Quanterix has experienced growth in revenue driven by increasing adoption of its Simoa technology. Growth has been driven by Pharma and Research.

Future Projections: Analysts project continued revenue growth driven by expansion into new markets and applications.

Recent Initiatives: Recent initiatives include expanding its assay menu, partnerships with pharmaceutical companies, and strategic acquisitions.

Summary

Quanterix is a company focused on ultrasensitive biomarker detection and driven to support the needs of drug and research companies. They have a good niche but are small compared to their key competitors. Their technology is powerful but can be costly. Growth is expected to continue; however, they face increasing competition.

Similar Stocks

Sources and Disclaimers

Data Sources:

  • Company Filings (e.g., 10-K, 10-Q), Analyst Reports, Press Releases, Industry News

Disclaimers:

The information provided is for informational purposes only and should not be considered financial advice. Market share data and financial information are estimates and may vary.

Information icon for Upturn AI Summarization accuracy disclaimer AI Summarization is directionally correct and might not be accurate.

Information icon for Upturn AI Summarization data freshness disclaimer Summarized information shown could be a few years old and not current.

Information icon warning about Upturn AI Fundamental Rating based on potentially old data Fundamental Rating based on AI could be based on old data.

Information icon warning about potential inaccuracies or hallucinations in Upturn AI-generated summaries AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.

About Quanterix Corp

Exchange NASDAQ
Headquaters Billerica, MA, United States
IPO Launch date 2017-12-07
President, CEO & Director Dr. Masoud Toloue Ph.D.
Sector Healthcare
Industry Medical Devices
Full time employees 471
Full time employees 471

Quanterix Corporation, a life sciences company, engages in development and marketing of digital immunoassay platforms that advances precision health for life sciences research and diagnostics in North America, Europe, the Middle East, Africa, and the Asia Pacific regions. The company offers HD-X instrument, a protein detection platform; and SR-X instrument that enables researchers to apply Simoa detection in an expanded range of applications. It also provides SP-X instrument that is based on Simoa planar array technology for the measurement of multiplex chemiluminescent immunoassays. The company's products include assays include all components required to run enzyme-based immunoassay, such as beads, capture and detector reagents, and enzyme reagents and substrate; and replacement parts, reagents, and antibodies. In addition, the company offers contract research services, including sample testing, homebrew assay development, custom assay development, lucent diagnostic, and LDT testing services. The company primarily operates in the areas of neurology, oncology and immunology, and inflammation. It sells its products for the life science research sector primarily to laboratories associated with academic and governmental research institutions, as well as pharmaceutical, biotechnology, and contract research companies through a direct field sale, support organizations, and distributors or sales agents. The company was formerly known as Digital Genomics, Inc. and changed its name to Quanterix Corporation in August 2007. Quanterix Corporation was incorporated in 2007 and is headquartered in Billerica, Massachusetts.