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Stock impact report

Pacific Biosciences of California, Inc. (NASDAQ:PACB) Analysts Just Slashed This Year's Revenue Estimates By 14% [Yahoo! Finance]

Pacific Biosciences of California, Inc. (PACB) 
Last pacific biosciences of california, inc. earnings: 2/6 04:02 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.pacificbiosciences.com
Company Research Source: Yahoo! Finance
Revenue estimates were cut sharply as analysts signalled a weaker outlook - perhaps a sign that investors should temper their expectations as well. Following the downgrade, the current consensus from Pacific Biosciences of California's 13 analysts is for revenues of US$162m in 2025 which - if met - would reflect a modest 5.1% increase on its sales over the past 12 months. The loss per share is anticipated to greatly reduce in the near future, narrowing 28% to US$0.75. However, before this estimates update, the consensus had been expecting revenues of US$187m and US$0.71 per share in losses. Ergo, there's been a clear change in sentiment, with the analysts administering a notable cut to this year's revenue estimates, while at the same time increasing their loss per share forecasts. Check out our latest analysis for Pacific Biosciences of California NasdaqGS:PACB Earnings and Revenue Growth February 22nd 2025 The consensus price target fell 12% to US$2.67, with the analysts clea Show less Read more
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