CTKB News & Events

Reports preliminary FY25 revenue $201M, consensus $196.71M. "Our fourth quarter revenue growth over the prior year represents a meaningful acceleration of growth compared to the prior quarters in 2025 and reflects a continuation of positive trends we saw emerging in the third quarter. These trends include a continuation of strong growth in Services, Reagents and Asia Pacific instrument revenue and an improvement in instrument revenue growth in the US and EMEA. We were particularly pleased to see a return to positive growth in our instrument sales in EMEA in the fourth quarter," said Dr. Wenbin Jiang, CEO of Cytek Biosciences. "With strong execution across our portfolio, we believe we are well positioned to deliver sustainable growth and profitability in a large flow cytometry market."

Morgan Stanley assumed coverage of Cytek Biosciences with an Equal Weight rating and a price target of $6, up from $4. Life Science Tools and Diagnostics end market bright spots are beginning to emerge and the firm sees "plenty of catalysts" in the pipeline across its coverage, adding that it sees "lots to like in the space entering 2026." However, a recent industry valuation spike in the second half of the year leaves multiples in "a fair place," so the firm starts the group with an In-Line industry view, the analyst tells investors. Among the group, the analyst identifies Danaher (DHR) as Top Pick.