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Pacific Biosciences

PACBNASDAQ
Logo brought to you by Benzinga Data
$1.72
0.159.55%
At close: -
$1.72
00.00%
After Hours: 7:39 PM EDT
Consensus Rating1
Buy
Highest Price Target1
$17.00
Lowest Price Target1
$2.00
Consensus Price Target1
$4.79

Pacific Biosciences (NASDAQ:PACB) Stock, Analyst Ratings, Price Targets, Forecasts

Pacific Biosciences of California Inc has a consensus price target of $4.79 based on the ratings of 17 analysts. The high is $17 issued by Goldman Sachs on June 30, 2023. The low is $2 issued by UBS on November 11, 2024. The 3 most-recent analyst ratings were released by UBS, Scotiabank, and Piper Sandler on November 11, 2024, respectively. With an average price target of $3.5 between UBS, Scotiabank, and Piper Sandler, there's an implied 103.49% upside for Pacific Biosciences of California Inc from these most-recent analyst ratings.

Analyst Trends and Forecast
1
Jun
3
1
Aug
2
Nov
Buy
Hold
Sell
Strong Sell
Analyst Rating and Forecast
12345
3.1
Hold
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

UBS
Scotiabank
Piper Sandler
Stephens & Co.
Morgan Stanley

1calculated from analyst ratings

Analyst Ratings for Pacific Biosciences

Data brought to you by Benzinga APIs

FAQ

Q

What is the target price for Pacific Biosciences (PACB) stock?

A

The latest price target for Pacific Biosciences (NASDAQ:PACB) was reported by UBS on November 11, 2024. The analyst firm set a price target for $2.00 expecting PACB to rise to within 12 months (a possible 16.28% upside). 25 analyst firms have reported ratings in the last year.

Q

What is the most recent analyst rating for Pacific Biosciences (PACB)?

A

The latest analyst rating for Pacific Biosciences (NASDAQ:PACB) was provided by UBS, and Pacific Biosciences downgraded their neutral rating.

Q

When was the last upgrade for Pacific Biosciences (PACB)?

A

The last upgrade for Pacific Biosciences of California Inc happened on November 17, 2023 when UBS raised their price target to $10. UBS previously had a neutral for Pacific Biosciences of California Inc.

Q

When was the last downgrade for Pacific Biosciences (PACB)?

A

The last downgrade for Pacific Biosciences of California Inc happened on November 11, 2024 when UBS changed their price target from N/A to $2 for Pacific Biosciences of California Inc.

Q

When is the next analyst rating going to be posted or updated for Pacific Biosciences (PACB)?

A

Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Pacific Biosciences, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Pacific Biosciences was filed on November 11, 2024 so you should expect the next rating to be made available sometime around November 11, 2025.

Q

Is the Analyst Rating Pacific Biosciences (PACB) correct?

A

While ratings are subjective and will change, the latest Pacific Biosciences (PACB) rating was a downgraded with a price target of $0.00 to $2.00. The current price Pacific Biosciences (PACB) is trading at is $1.72, which is within the analyst’s predicted range.

Browse analyst ratings and price targets on all stocks.

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