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Quanterix Corporation

QTRXNASDAQ
Healthcare
Medical - Devices
$6.84
$0.19(2.86%)

Quanterix Corporation (QTRX) Stock Overview

Explore Quanterix Corporation’s financial performance, market position, analyst ratings, and future outlook.

Meyka AI Score

B

Score: 64.0/100

Key Financials

Market Cap259.9M
P/E Ratio-5.26
EPS (TTM)$-1.24
ROE-0.15%
Fundamental Analysis

AI Price Forecasts

1 Week$5.21
1 Month$1.17
3 Months$4.74
1 Year Target$7.34

QTRX Stock Analysis & Investment Overview

Our comprehensive AI-powered analysis of Quanterix Corporation (QTRX) provides investors with deep insights into the stock's performance, growth potential, and market positioning. With a Meyka AI Score of B, this stock demonstrates moderate investment characteristics based on our advanced machine learning models.

Our forecasting models predict significant price movements, with a 12-month target of $7.34.

Key financial metrics showcase the company's fundamental strength, including a P/E ratio of -5.26 and a market capitalization of 259.9M. These metrics, combined with our AI analysis, provide a comprehensive view for both institutional and retail investors.

Revenue Growth
10.68%
10.68%
Profit Growth
$-1.29
19.17%
EPS Growth
$-1.29
16.28%
Operating Margin
-48.78%
18.37%
ROE
-15.12%
19.17%
Dividend Yield
0.00%

Analyst Recommendations

Strong Buy
0
Buy
1
Hold
1
Sell
0
Strong Sell
0

Price Targets

Low$18.00
Average$18.00
High$18.00

Company Profile

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. It offers HD-X instrument, a sensitive automated multiplex protein detection platform; and SR-X instrument that enables researchers to apply Simoa detection technology in various applications, including direct detection of nucleic acids. The company 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 assay kits and other consumables such as reagents. In addition, it offers contract research services, including sample testing, homebrew assay development, and custom development services. The company primarily operates in the areas of neurology, oncology, cardiology, infectious diseases, 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 sales force, 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.

CEO

Masoud Toloue

Employees

471

Headquarters

Building 1, Billerica, MA

Founded

2017

Frequently Asked Questions

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