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Standard BioTools (LAB)
NASDAQ:LAB
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Standard BioTools (LAB) AI Stock Analysis

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LAB

Standard BioTools

(NASDAQ:LAB)

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Neutral 41 (OpenAI - 4o)
Rating:41Neutral
Price Target:
$1.00
▼(-11.50% Downside)
The overall stock score is primarily impacted by the company's poor financial performance and bearish technical indicators. The negative P/E ratio and lack of dividend yield further contribute to a low valuation score. These factors collectively indicate significant challenges for the company, requiring strategic improvements to enhance performance.
Positive Factors
Low Debt Levels
Low debt levels provide financial flexibility and reduce risk, allowing the company to invest in growth opportunities without significant financial strain.
Stable Gross Profit Margin
A stable gross profit margin indicates efficient cost management and pricing power, which can support profitability as revenues recover.
Strategic Partnerships
Strategic partnerships can drive innovation and expand market reach, enhancing long-term revenue potential through collaborative research and product development.
Negative Factors
Declining Revenue
Declining revenue indicates challenges in market demand or competitive positioning, which can impact long-term growth and profitability.
Negative Cash Flow
Negative cash flow limits the company's ability to fund operations and growth initiatives, potentially leading to liquidity issues if not addressed.
Persistent Losses
Ongoing losses reflect operational inefficiencies and market challenges, which can erode shareholder value and hinder strategic investments.

Standard BioTools (LAB) vs. SPDR S&P 500 ETF (SPY)

Standard BioTools Business Overview & Revenue Model

Company DescriptionStandard BioTools Inc., together with its subsidiaries, develops, manufactures, and sells a range of instrumentation, consumables, and services to scientists and biomedical researchers to develop therapeutics in the Americas, Europe, the Middle East, Africa, and the Asia pacific. The company operates in two segments, Proteomics and Genomics. Its proteomics and genomics include instruments, consumables, software, and services based upon technologies used in the identification of proteins, as well as genes and their functions. The company provides SomaScan platform that enables researchers to measure proteins simultaneously and provides deep insights into biological processes and disease mechanisms; CyTOF technology platform that uses metal-tagged antibodies and time-of-flight mass spectrometry to eliminate signal interference and expand multiplexing capabilities; Hyperion, a spatial biology platform, which unlocks deeper insights into tissue organization by preserving spatial context while enabling high-dimensional molecular and proteomic analysis; and Biomark X9 system that redefines high-throughput genomics for quantitative polymerase chain reaction applications. The company sells its instruments and consumables for research use only to academic research institutions, translational research and medicine centers, cancer centers, and clinical research laboratories, as well as biopharmaceutical, biotechnology, and plant and animal research companies. It has license agreements with California Institute of Technology, Harvard University, and Caliper Life Sciences, Inc. The company was formerly known as Fluidigm Corporation and changed its name to Standard BioTools Inc. in April 2022. Standard BioTools Inc. was incorporated in 1999 and is headquartered in South San Francisco, California.
How the Company Makes MoneyStandard BioTools generates revenue through multiple key streams, primarily by selling its proprietary laboratory instruments, consumables, and software solutions to research institutions, pharmaceutical companies, and clinical laboratories. The company also benefits from ongoing service contracts and maintenance agreements for its equipment, which provide a steady revenue flow. Additionally, Standard BioTools engages in strategic partnerships with academic institutions and industry players, allowing for collaborative research efforts that can lead to innovative product development and expanded market reach. These partnerships often include licensing agreements, which can further enhance the company's revenue potential.

Standard BioTools Earnings Call Summary

Earnings Call Date:Nov 04, 2025
(Q1-2025)
|
% Change Since: |
Next Earnings Date:Feb 18, 2026
Earnings Call Sentiment Neutral
The earnings call reflected a well-managed quarter with robust strategic initiatives and strong cost management, despite facing significant revenue declines and challenges in the U.S. academic market. The company's strong cash position and strategic product expansions provide a positive outlook, though the impact of tariffs and revenue declines remain concerns.
Q1-2025 Updates
Positive Updates
Strategic Product Launches and Expansions
Standard BioTools announced a new SomaScan offering and expanded its reach with the NGS-based Illumina partner solution, enhancing translational and clinical research capabilities.
Strength in Instrument Sales
Instruments saw a double-digit year-over-year growth, driven by demand for Hyperion XTi spatial imaging systems.
Cost Management and Operational Improvements
Non-GAAP operating expenses decreased by 22% year-over-year, operating loss improved by 45%, and adjusted EBITDA improved by 29%.
Healthy Cash Position
Standard BioTools ended the quarter with $261 million in cash and no material debt, emphasizing a strong balance sheet.
Positive Traction with Pharma and International Markets
Biopharma engagement and international markets remained resilient, contributing positively to overall performance.
Negative Updates
Revenue Decline
Total revenue fell by 10% year-over-year, with consumables down by 16% and services down by 16%, due to lower volumes and project timing.
Challenges in U.S. Academia
A mid-teens percentage decline in U.S. academic revenue is expected due to funding delays and non-essential expenditure curbs.
Impact of Tariffs
New tariffs on products shipped from Singapore and the U.S. to China added complexity and potential cost pressures, impacting gross margin and EBITDA.
Company Guidance
During the Standard BioTools first quarter 2025 earnings call, the company reiterated its full-year revenue guidance of $165 million to $175 million, despite a 10% year-over-year decline in Q1 revenue to $40.8 million. The decline was primarily due to lower consumables and services revenue, with consumables down 16% and services down 16% year-over-year. Instrument sales, however, grew by 24%, driven by the Hyperion XTi system. The company reported non-GAAP gross margins of 53.2%, impacted by lower volumes and product mix, and a non-GAAP operating loss improvement of 45% year-over-year. Adjusted EBITDA loss improved 29% to $16.9 million, and cash burn was reduced by 33%. The company emphasized its strategic focus on proteomics and highlighted new product launches, including the CyTOF-XT Pro and SomaScan Select Asset, as key drivers for future growth.

Standard BioTools Financial Statement Overview

Summary
Standard BioTools is facing significant financial challenges with declining revenues and persistent losses. Despite a low debt level, the negative profitability and cash flow issues are major concerns, indicating a need for strategic improvements.
Income Statement
35
Negative
Standard BioTools has faced declining revenue with a negative growth rate of -16.48% in the TTM. The company is struggling with profitability, as indicated by negative net profit and EBIT margins. Gross profit margin remains relatively stable at 47.94%, but the overall financial performance is hindered by significant losses.
Balance Sheet
45
Neutral
The company's balance sheet shows a low debt-to-equity ratio of 0.069, indicating low leverage. However, the return on equity is negative, reflecting ongoing losses. The equity ratio is not explicitly calculated, but the company maintains a relatively strong equity position compared to its total assets.
Cash Flow
30
Negative
Cash flow analysis reveals negative operating and free cash flows, with a slight improvement in free cash flow growth. The operating cash flow to net income ratio is negative, suggesting cash flow challenges. The free cash flow to net income ratio is above 1, indicating that free cash flow exceeds net income, but both are negative.
BreakdownTTMDec 2024Dec 2023Dec 2022Dec 2021Dec 2020
Income Statement
Total Revenue128.83M174.43M106.34M97.95M130.58M138.14M
Gross Profit61.76M84.26M50.45M37.05M69.37M83.33M
EBITDA-93.61M-118.14M-54.46M-173.57M-44.27M-34.60M
Net Income-128.25M-138.88M-74.66M-190.10M-59.24M-53.02M
Balance Sheet
Total Assets539.64M612.34M323.07M390.31M275.21M324.76M
Cash, Cash Equivalents and Short-Term Investments194.90M292.87M114.89M165.78M28.45M68.52M
Total Debt27.39M33.00M98.21M102.66M111.65M95.38M
Total Liabilities139.98M140.62M471.12M471.78M180.62M185.71M
Stockholders Equity399.66M471.72M-148.05M-81.47M94.60M139.05M
Cash Flow
Free Cash Flow-98.42M-151.81M-46.12M-93.19M-57.33M-28.13M
Operating Cash Flow-87.21M-143.45M-43.29M-89.37M-44.06M-15.42M
Investing Cash Flow61.17M363.17M20.24M-88.13M-11.95M39.98M
Financing Cash Flow-54.57M-102.62M-6.81M230.76M15.96M20.86M

Standard BioTools Technical Analysis

Technical Analysis Sentiment
Negative
Last Price1.13
Price Trends
50DMA
1.30
Negative
100DMA
1.29
Negative
200DMA
1.24
Negative
Market Momentum
MACD
-0.05
Positive
RSI
38.56
Neutral
STOCH
15.03
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For LAB, the sentiment is Negative. The current price of 1.13 is below the 20-day moving average (MA) of 1.26, below the 50-day MA of 1.30, and below the 200-day MA of 1.24, indicating a bearish trend. The MACD of -0.05 indicates Positive momentum. The RSI at 38.56 is Neutral, neither overbought nor oversold. The STOCH value of 15.03 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for LAB.

Standard BioTools Risk Analysis

Standard BioTools disclosed 57 risk factors in its most recent earnings report. Standard BioTools reported the most risks in the "Finance & Corporate" category.
Finance & Corporate - Financial and accounting risks. Risks related to the execution of corporate activity and strategy
Latest Risks Added 0 New Risks

Standard BioTools Peers Comparison

Overall Rating
UnderperformOutperform
Sector (51)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
64
Neutral
$772.00M13.1024.11%14.46%
62
Neutral
$979.28M-2.69%10.15%-295.52%
60
Neutral
$697.27M-4.54%4.31%69.57%
51
Neutral
$7.86B-0.30-43.30%2.27%22.53%-2.21%
51
Neutral
$613.35M-72.52%0.21%-233.51%
43
Neutral
$680.24M-43.69%-21.02%47.74%
41
Neutral
$454.57M-3.72-24.63%-17.37%52.28%
* Healthcare Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
LAB
Standard BioTools
1.13
-1.10
-49.33%
MYGN
Myriad Genetics
6.30
-11.01
-63.60%
CDNA
CareDx
15.62
-7.72
-33.08%
FLGT
Fulgent Genetics
26.36
6.32
31.54%
PSNL
Personalis
6.93
2.01
40.85%
CSTL
Castle Biosciences
33.04
-0.74
-2.19%

Standard BioTools Corporate Events

Standard BioTools Inc. Reports Q3 2025 Financial Results
Nov 5, 2025

Standard BioTools Inc., a prominent player in the biomedical research sector, specializes in providing next-generation technologies such as SomaScan, mass cytometry, and microfluidics to aid researchers in developing better medicines. The company recently reported its financial results for the third quarter of 2025, highlighting a total combined revenue of $46.2 million, with $19.6 million from continuing operations. The company is undergoing a significant restructuring plan aimed at achieving over $40 million in annualized cost savings, setting a path towards positive adjusted EBITDA by 2026.

Business Operations and StrategyFinancial DisclosuresM&A Transactions
Standard BioTools Implements Restructuring for Future Growth
Neutral
Nov 4, 2025

Standard BioTools reported a third-quarter 2025 revenue of $19.6 million from continuing operations, marking an 11% decline year-over-year. The company has implemented a restructuring plan expected to save $40 million annually, with a goal of achieving positive adjusted EBITDA by 2026. The restructuring includes a 20% workforce reduction and consolidating operations to improve efficiency. The company anticipates a significant cash boost from a pending transaction with Illumina, which will support its growth strategy through mergers and acquisitions.

The most recent analyst rating on (LAB) stock is a Hold with a $1.00 price target. To see the full list of analyst forecasts on Standard BioTools stock, see the LAB Stock Forecast page.

Business Operations and Strategy
Standard BioTools Announces Workforce Reduction Plan
Negative
Sep 17, 2025

On September 13, 2025, Standard BioTools Inc. initiated a restructuring plan, which includes a 15% reduction in its global workforce. This move aims to enhance operational efficiency and align costs with revenue projections, supporting the company’s long-term strategic goals. The restructuring is expected to incur expenses of approximately $7.5 million, primarily for severance and termination benefits, with potential for additional unforeseen costs.

The most recent analyst rating on (LAB) stock is a Hold with a $1.50 price target. To see the full list of analyst forecasts on Standard BioTools stock, see the LAB Stock Forecast page.

Business Operations and Strategy
Standard BioTools Announces Strategic Restructuring Plan
Negative
Sep 3, 2025

On August 28, 2025, Standard BioTools Inc. announced a strategic restructuring plan to consolidate its R&D capabilities from South San Francisco to its Singapore facility, aligning with its manufacturing operations. This move, aimed at enhancing operational efficiency and reducing costs, involves a reduction-in-force affecting U.S. employees and is expected to incur expenses of approximately $3.6 million, with potential for additional costs due to unforeseen events.

The most recent analyst rating on (LAB) stock is a Hold with a $1.50 price target. To see the full list of analyst forecasts on Standard BioTools stock, see the LAB Stock Forecast page.

Standard Biotools Inc. Faces Challenges in SomaScan Divestiture: Potential Risks and Strategic Imperatives
Aug 17, 2025

Standard Biotools Inc. faces significant risks in realizing the anticipated benefits from its recent Transaction, particularly if it fails to divest the SomaScan Business. The company may encounter material adverse effects such as management distraction, employee loss, and challenges in managing the divestiture, which could hinder cost savings and impact financial performance. These issues, largely beyond the company’s control, could lead to increased costs, reduced revenues, and a potential decline in stock market value, thereby affecting its overall business prospects. Such risks underscore the importance of effective management and strategic planning to mitigate potential negative outcomes.

Standard BioTools Delays Quarterly Report Filing
Aug 12, 2025

Standard BioTools Inc. has announced a delay in filing its Form 10-Q (Quarter Report) for the financial period ending June 30, 2025. The delay is primarily due to the time required to complete financial closing procedures and finalize adjustments necessary to reflect the disposal group as discontinued operations. This is related to a stock purchase agreement entered into on June 22, 2025, for the sale of its subsidiaries, SomaLogic, Inc., Sengenics Corporation LLC, and Sengenics Corporation Pte Ltd. The company expects to file the report within the five-day extension period allowed under Rule 12b-25. There is an anticipation of significant changes in financial results from the previous year, although specific details are not provided. Forward-looking statements are included, indicating potential risks and uncertainties. Standard BioTools is actively working on compliance and the notification is signed by Alex Kim, the Chief Financial Officer.

The most recent analyst rating on (LAB) stock is a Buy with a $2.75 price target. To see the full list of analyst forecasts on Standard BioTools stock, see the LAB Stock Forecast page.

Standard BioTools Reports Q2 2025 Financial Results
Aug 12, 2025

Standard BioTools Inc., a prominent player in the biomedical research sector, specializes in providing advanced technologies for scientific discoveries, focusing on areas such as oncology and immunotherapy. The company reported its financial results for the second quarter of 2025, highlighting a strategic sale and financial performance.

Business Operations and StrategyFinancial DisclosuresM&A Transactions
Standard BioTools Announces SomaLogic Sale to Illumina
Positive
Aug 11, 2025

Standard BioTools reported its financial results for the second quarter of 2025, highlighting a total revenue of $42 million, with $21.8 million from continuing operations. The company announced the strategic sale of SomaLogic to Illumina for up to $425 million, expected to close in the first half of 2026, which will significantly bolster its cash reserves to at least $550 million. This move is part of a broader strategy to streamline operations and focus on profitability by 2026, despite challenges such as reduced U.S. academic spending and global capital constraints. The company is pausing its earnings calls temporarily to focus on operational adjustments.

The most recent analyst rating on (LAB) stock is a Buy with a $2.75 price target. To see the full list of analyst forecasts on Standard BioTools stock, see the LAB Stock Forecast page.

Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: Nov 06, 2025