Quanterix Corp logo

Quanterix Corp(QTRX)

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EXPLORE ADVISORIES AND THEIR HISTORY
QUALITY SIGNAL
1-STAR RATING
PASS
LAST CLOSE
$2.9
10/30/2026
(24-hour delay)

Advisory History & Simulated Performance *

*as per simulation (see disclosures)
  • ALL
  • 1Y
  • 1M
  • 1W
  • BUY Advisory
  • SELL Advisory (Profit)
  • SELL Advisory (Loss)
  • Profit
  • Loss
  • PASS (Skip)
Upturn Stock price based on last close iconStock price based on last close
Simulated performance—not actual client returns. Excludes advisory subscription fees, trading commissions, and taxes, which would reduce returns. Results depend on calculation assumptions and do not guarantee future outcomes. See Disclosures for full methodology, assumptions, and limitations.

Advisory Performance History (Simulated)Advisory Performance History info

Simulated performance—not actual client returns. Excludes advisory subscription fees, trading commissions, and taxes, which would reduce returns. Results depend on calculation assumptions and do not guarantee future outcomes. See Disclosures for full methodology, assumptions, and limitations.

Upturn Advisory & Investor View for QTRX

10/30/2026: QTRX (1-star) is currently NOT-A-BUY. Pass it for now.

Quanterix Corp is a life sciences tools company known for its proprietary Simoa technology, which enables high-sensitivity protein analysis. The company has a leading position in neurology and Alzheimer's disease research, providing platforms that help scientists detect biomarkers at extremely low levels. Its growth story hinges on expanding from research applications into broader clinical diagnostic markets. However, the company faces risks related to profitability, intense competition from well-capitalized life science conglomerates, and the need for successful regulatory navigation. This stock may suit growth-oriented investors with a high risk tolerance, but they should monitor for progress in diagnostic adoption and improvements in operating efficiency.

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 the growing proteomics market but remains unprofitable.
Momentum investorMixed fitMomentum depends on positive clinical trial signals or commercial adoption updates, which remain variable.
Value investorWeak fitThe company's lack of earnings and high R&D spending do not align with traditional value investing metrics.
Dividend investorWeak fitQuanterix does not pay a dividend and focuses capital on growth.
Low-risk investorWeak fitSmall-cap biotechnology tool companies are inherently volatile and high-risk.

Risk Profile

Risk factorLevelWhy it matters
Price volatilityHighThe stock is susceptible to significant price swings due to its growth stage and market sensitivity.
Valuation riskMedium / highInvestors pay a premium based on future growth expectations rather than current profitability.
Competition risk (High-sensitivity proteomics)HighIncumbent players and new entrants continuously challenge Quanterix's technological lead.
Business qualityMediumWhile the technology is advanced, the business is still building a consistent profit track record.
Dividend incomeLow / noneNo income is provided to investors.
Execution riskMedium / highSuccessful transition to larger-scale clinical applications requires consistent execution.

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 -76.21%
Avg. Invested days 18
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 10/30/2026

Upturn Scorecard

Upturn Star Rating

★★★★★
QTRX receives a 2-star rating, reflecting soft or weak scores across the available pillars. The rating is constrained by weak unit economics, soft analyst coverage, and weak price momentum.

Company Fundamentals

★★★★★
QTRX has moderate overall fundamentals (3 stars), with soft financial health, soft growth momentum, and strong ownership. In FY2025 versus FY2024, growth and ownership metrics are mixed: negative earnings growth (-178.1%), weak cash generation (FCF margin -57.6%), moderate revenue growth (+2.4%).

Financial Health Rating

★★★★★
QTRX's financial health is soft, with the relatively strongest area being solid liquidity, including working-capital and asset support (WC/assets 32.8%). Operating efficiency is soft (2 stars), which helps explain the 2-star overall score.

Growth Momentum Score

★★★★★
Revenue growth is QTRX's strongest growth driver at +2.4% FY2025 versus FY2024 (moderate, 3 stars). By comparison, while earnings growth (-178.1%, negative) and free-cash-flow growth (-107.2%, negative) hold the profile back, so recent growth is not broad-based across the business.

Ownership

★★★★★
Institutional ownership is 71.0% and approximately 80.3% of outstanding shares are publicly tradable, supporting liquidity and institutional participation. Insider ownership of 6.37% supports management-shareholder alignment.

Top 5 Institutional Investors

Arnhold & S. Bleichroeder Advisers, LLC 11.64%
BlackRock Inc 7.69%
Blue Water Life Science Advisors, LLC 7.35%
Portolan Capital Management, LLC 4.02%
Vanguard Capital Management, LLC 3.81%

Unit Economics (Per $1K Revenue)

★★★★★
QTRX generates approximately $467 of gross profit, $-792 of operating income, and $-576 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: 4.56%

Quantitative Style Profile

★★★★★
QTRX has a liquid profile. Weak momentum is the primary drawback.

Style Classification

Quality Focused

Value-OrientedSmall / Mid Cap RiskShort Squeeze RiskHighly Liquid / Institution-Friendly

Key Highlights

Company Size Small-Cap Stock
Market Capitalization 137.39M USD
Price to earnings Ratio -
1Y Target Price 3.17
Price to earnings Ratio -
1Y Target Price 3.17
Volume (30-day avg) 518.4K shares
Beta 1.01
52 Weeks Range 2.15 - 8.77
Updated Date 10/31/2026
52 Weeks Range 2.15 - 8.77
Updated Date 10/31/2026
Dividends yield (FY) -
Basic EPS (TTM) -2.61

How Company Makes Money

Business areaWhat it includesRetail investor read
InstrumentsSale of Simoa HD-X, SR-X, and related hardware platforms.Revenue from selling the 'machines' that perform the testing.
ConsumablesAssay kits, reagents, and disposables required to run tests.The recurring revenue engine that grows as users run more tests.
Accelerator ServicesFee-for-service research and clinical sample testing.Revenue earned by doing the testing for pharmaceutical customers.

Analyzing Revenue: Products, Geography and Growth

Revenue by Products

Product revenue - Year on Year

Revenue by Geography

Geography revenue - Year on Year

Valuation

Trailing PE -
Forward PE -
Enterprise Value 77.24M
Price to Sales(TTM) 0.9
Enterprise Value 77.24M
Price to Sales(TTM) 0.9
Enterprise Value to Revenue 0.5
Enterprise Value to EBITDA -1.49
Shares Outstanding 47.29M
Shares Floating 37.98M
Shares Outstanding 47.29M
Shares Floating 37.98M
Percent Insiders 6.37
Percent Institutions 70.99

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.

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