Pacific Biosciences of California - PACB Stock Price Target and Predictions

  • Consensus Rating: Hold
  • Consensus Price Target: $3.63
  • Forecasted Upside: 95.42%
  • Number of Analysts: 15
  • Breakdown:
  • 0 Sell Ratings
  • 8 Hold Ratings
  • 7 Buy Ratings
  • 0 Strong Buy Ratings
$1.86
▼ -0.12 (-6.08%)

This chart shows the closing price for PACB by one month, three months, or twelve months.

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Analyst Price Target for PACB

Analyst Price Target is $3.63
▲ +95.42% Upside Potential
This price target is based on 15 analysts offering 12 month price targets for Pacific Biosciences of California in the last 3 months. The average price target is $3.63, with a high forecast of $11.00 and a low forecast of $2.00. The average price target represents a 95.42% upside from the last price of $1.86.

This chart shows the closing price for PACB for the last year in relation to the current analyst high, average, and low pricetarget.

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Current Consensus is Hold

The current consensus among 15 contributing investment analysts is to hold stock in Pacific Biosciences of California. This rating changed within the last month from a Moderate Buy consensus rating.

Past Monthly Recommendations

Move your mouse over past months for details

Read Past Recommendations DescriptionSkip Past Price Target Consensus Chart
  • 0 strong buy ratings
  • 3 buy ratings
  • 4 hold ratings
  • 0 sell ratings
5/24/2023
  • 0 strong buy ratings
  • 4 buy ratings
  • 4 hold ratings
  • 0 sell ratings
8/22/2023
  • 0 strong buy ratings
  • 8 buy ratings
  • 3 hold ratings
  • 0 sell ratings
11/20/2023
  • 0 strong buy ratings
  • 8 buy ratings
  • 5 hold ratings
  • 0 sell ratings
2/18/2024
  • 0 strong buy ratings
  • 8 buy ratings
  • 7 hold ratings
  • 0 sell ratings
5/18/2024
  • 0 strong buy ratings
  • 8 buy ratings
  • 7 hold ratings
  • 0 sell ratings
8/16/2024
  • 0 strong buy ratings
  • 8 buy ratings
  • 7 hold ratings
  • 0 sell ratings
10/15/2024
  • 0 strong buy ratings
  • 7 buy ratings
  • 8 hold ratings
  • 0 sell ratings
11/14/2024

Latest Recommendations

  • 0 strong buy ratings
  • 7 buy ratings
  • 8 hold ratings
  • 0 sell ratings

Display Ratings By
DateBrokerageActionRatingPrice TargetDetails
11/11/2024ScotiabankLower TargetSector Outperform ➝ Sector Outperform$7.00 ➝ $6.00
11/11/2024UBS GroupDowngradeBuy ➝ Neutral$2.00
11/11/2024Piper SandlerBoost TargetNeutral ➝ Neutral$2.00 ➝ $2.50
11/10/2024UBS GroupUpgradeHold
8/28/2024ScotiabankLower TargetSector Outperform ➝ Sector Outperform$8.00 ➝ $7.00
8/12/2024Morgan StanleyLower TargetEqual Weight ➝ Equal Weight$4.00 ➝ $2.00
8/8/2024Cantor FitzgeraldReiterated RatingOverweight ➝ Overweight$3.50 ➝ $3.50
8/8/2024Canaccord Genuity GroupLower TargetBuy ➝ Buy$3.50 ➝ $3.00
6/3/2024Jefferies Financial GroupInitiated CoverageBuy$4.00
5/15/2024Morgan StanleyLower TargetEqual Weight ➝ Equal Weight$10.00 ➝ $4.00
5/13/2024Piper SandlerLower TargetNeutral ➝ Neutral$6.50 ➝ $2.00
5/10/2024BarclaysLower TargetEqual Weight ➝ Equal Weight$3.00 ➝ $2.00
4/22/2024JPMorgan Chase & Co.DowngradeOverweight ➝ Neutral
4/18/2024Sanford C. BernsteinLower TargetOutperform ➝ Outperform$9.00 ➝ $2.50
4/18/2024The Goldman Sachs GroupDowngradeBuy ➝ Neutral$7.00 ➝ $2.50
4/18/2024ScotiabankLower TargetSector Outperform ➝ Sector Outperform$15.00 ➝ $8.00
4/17/2024TD CowenLower TargetBuy ➝ Buy$12.00 ➝ $2.50
4/10/2024BarclaysLower TargetEqual Weight ➝ Equal Weight$8.00 ➝ $3.00
4/10/2024The Goldman Sachs GroupLower TargetBuy ➝ Buy$9.00 ➝ $7.00
2/16/2024UBS GroupLower TargetBuy ➝ Buy$12.50 ➝ $12.00
12/14/2023StephensInitiated CoverageOverweight$11.00
12/14/2023GuggenheimInitiated CoverageNeutral
12/13/2023Wolfe ResearchInitiated CoveragePeer Perform
11/17/2023UBS GroupUpgradeNeutral ➝ Buy$13.00 ➝ $10.00
11/6/2023Piper SandlerLower TargetNeutral ➝ Neutral$9.00 ➝ $8.00
10/31/2023Canaccord Genuity GroupLower TargetBuy ➝ Buy$17.00 ➝ $15.00
10/31/2023Cantor FitzgeraldUpgradeNeutral ➝ Overweight$14.00 ➝ $11.00
10/24/2023Morgan StanleyLower TargetEqual Weight ➝ Equal Weight$13.00 ➝ $10.00
10/16/2023Piper SandlerLower TargetNeutral ➝ Neutral$13.00 ➝ $9.00
9/29/2023BarclaysLower TargetEqual Weight ➝ Equal Weight$14.00 ➝ $9.00
9/28/2023Sanford C. BernsteinInitiated CoverageOutperform$11.00
9/26/2023Cantor FitzgeraldReiterated RatingNeutral ➝ Neutral$14.00
8/22/2023Cantor FitzgeraldReiterated RatingNeutral ➝ Neutral$14.00
8/3/2023Morgan StanleyBoost TargetEqual Weight ➝ Equal Weight$12.00 ➝ $13.00
6/30/2023The Goldman Sachs GroupInitiated CoverageBuy$17.00
6/7/2023KGI SecuritiesInitiated CoverageOutperform
5/10/2023BarclaysInitiated CoverageEqual Weight$14.00
5/8/2023Piper SandlerBoost Target$10.00 ➝ $13.00
5/3/2023Cantor FitzgeraldBoost Target$12.00 ➝ $13.00
3/31/2023TD CowenUpgradeMarket Perform ➝ Outperform$13.00 ➝ $15.00
2/22/2023Piper SandlerLower Target$11.00 ➝ $10.00
2/2/2023UBS GroupInitiated CoverageNeutral$13.00
1/20/2023Cantor FitzgeraldDowngradeOverweight ➝ Neutral$12.00
1/4/2023ScotiabankInitiated CoverageSector Outperform$12.00
11/16/2022Canaccord Genuity GroupBoost Target$12.00 ➝ $14.00
11/16/2022Piper SandlerBoost Target$6.00 ➝ $11.00
8/21/2022Piper SandlerLower Target$7.50 ➝ $6.00
8/17/2022Piper SandlerBoost TargetNeutral$6.00 ➝ $7.50
8/9/2022CowenLower Target$8.00
8/5/2022Canaccord Genuity GroupLower TargetBuy ➝ Buy$17.00 ➝ $14.00
7/19/2022CowenSet Target$9.00
5/15/2022Piper SandlerLower TargetNA$13.00 ➝ $6.00
5/5/2022Cantor FitzgeraldLower Target$23.00 ➝ $19.00
3/1/2022Piper SandlerLower Target$20.00 ➝ $13.00
2/16/2022Canaccord Genuity GroupLower TargetBuy ➝ Buy$45.00 ➝ $40.00
1/25/2022Cantor FitzgeraldReiterated RatingOverweight
8/4/2021Morgan StanleyLower TargetEqual Weight$45.00 ➝ $41.00
7/9/2021Cantor FitzgeraldReiterated RatingOverweight
2/12/2021Morgan StanleyBoost TargetEqual Weight$12.00 ➝ $45.00
2/11/2021Cantor FitzgeraldBoost TargetIn-Line ➝ Overweight$45.00 ➝ $62.00
2/11/2021Piper SandlerUpgradeNeutral ➝ Overweight$20.00 ➝ $52.00
1/15/2021Piper SandlerBoost TargetNeutral$12.00 ➝ $20.00
1/12/2021Cantor FitzgeraldBoost TargetReduce ➝ Overweight$25.00 ➝ $45.00
12/8/2020Cantor FitzgeraldBoost TargetOverweight$16.00 ➝ $25.00
11/4/2020Morgan StanleyBoost TargetEqual Weight$7.00 ➝ $12.00
11/3/2020Piper SandlerDowngradeOverweight ➝ Neutral$12.00
10/13/2020Cantor FitzgeraldBoost TargetOverweight$11.00 ➝ $17.00
10/2/2020JPMorgan Chase & Co.UpgradeNeutral ➝ Overweight$15.00
10/1/2020Piper SandlerBoost TargetOverweight$6.00 ➝ $12.00
9/9/2020Morgan StanleyInitiated CoverageEqual Weight$7.00
6/10/2020Cantor FitzgeraldReiterated RatingBuy$5.00
6/1/2020Cantor FitzgeraldInitiated CoverageBuy$5.00
5/7/2020Piper SandlerLower TargetOverweight$7.00 ➝ $6.00
4/17/2020Cantor FitzgeraldReiterated RatingOverweight
3/9/2020Cantor FitzgeraldReiterated RatingOverweight$5.00
12/18/2019Piper Sandler CompaniesReiterated RatingBuy$7.00
(Data available from 11/15/2019 forward)

News Sentiment Rating

0.19 (Hold)

Our news sentiment rating is based on the average sentiment of articles about this company published in the media in the last 30 days of headlines and can range from 2 (very positive sentiment) to -2 (very negative sentiment).

News Sentiment Over Time

Move your mouse over past months for details

Skip to Current Sentiment Summary
  • 8 very positive mentions
  • 15 positive mentions
  • 5 negative mentions
  • 0 very negative mentions
4/19/2024
  • 7 very positive mentions
  • 15 positive mentions
  • 4 negative mentions
  • 0 very negative mentions
5/19/2024
  • 7 very positive mentions
  • 7 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
6/18/2024
  • 3 very positive mentions
  • 4 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
7/18/2024
  • 3 very positive mentions
  • 14 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
8/17/2024
  • 5 very positive mentions
  • 9 positive mentions
  • 3 negative mentions
  • 1 very negative mentions
9/16/2024
  • 7 very positive mentions
  • 5 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
10/16/2024
  • 7 very positive mentions
  • 23 positive mentions
  • 2 negative mentions
  • 1 very negative mentions
11/15/2024

Current Sentiment

  • 7 very positive mentions
  • 23 positive mentions
  • 2 negative mentions
  • 1 very negative mentions

Recent Stories by Sentiment

Very Negative

Pacific Biosciences of California logo
Pacific Biosciences of California, Inc. designs, develops, and manufactures sequencing solution to resolve genetically complex problems. The company provides sequencing systems; consumable products, including single molecule real-time (SMRT) technology; long-red sequencing; and various reagent kits designed for specific workflow, such as preparation kit to convert DNA into SMRTbell double-stranded DNA library formats, including molecular biology reagents, such as ligase, buffers, and exonucleases. It also offers binding kits, such as modified DNA polymerase used to bind SMRTbell libraries to the polymerase in preparation for sequencing; and sequencing kits comprise reagents required for on-instrument, real-time sequencing, including the phospholinked nucleotides. In addition, it provides revio system + sequel systems which conduct, monitor, and analyze single-molecule biochemical reactions in real time; SBB short-read sequencing; onso instrument conducts, monitors, and analyzes SBB biochemical reactions; and SBB consumable, including flow cells, clustering, and sequencing reagent kits. The company serves academic and governmental research institutions; commercial testing and service laboratories; genome centers; public health labs, hospitals and clinical research institutes, and contract research organizations; pharmaceutical companies; and agricultural companies. It markets its products through a sales force and distribution partners in Asia, Australia, Europe, the Middle East, Africa, and Latin America. It has a development and commercialization agreement with Invitae Corporation; and a collaboration with Radboud University Medical to explore genetic causes of rare and genetic diseases. The company was formerly known as Nanofluidics, Inc. and changed its name to Pacific Biosciences of California, Inc. in 2005. Pacific Biosciences of California, Inc. was incorporated in 2000 and is headquartered in Menlo Park, California.
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Today's Range

Now: $1.86
Low: $1.85
High: $2.03

50 Day Range

MA: $1.92
Low: $1.55
High: $2.65

52 Week Range

Now: $1.86
Low: $1.16
High: $10.65

Volume

12,436,812 shs

Average Volume

9,586,839 shs

Market Capitalization

$505.54 million

P/E Ratio

N/A

Dividend Yield

N/A

Beta

2.01

Frequently Asked Questions

What sell-side analysts currently cover shares of Pacific Biosciences of California?

The following sell-side analysts have issued stock ratings on Pacific Biosciences of California in the last year: Barclays PLC, Canaccord Genuity Group Inc., Cantor Fitzgerald, Guggenheim, Jefferies Financial Group Inc., JPMorgan Chase & Co., Morgan Stanley, Piper Sandler, Sanford C. Bernstein, Scotiabank, Stephens, StockNews.com, TD Cowen, The Goldman Sachs Group, Inc., UBS Group AG, and Wolfe Research.
View the latest analyst ratings for PACB.

What is the current price target for Pacific Biosciences of California?

0 Wall Street analysts have set twelve-month price targets for Pacific Biosciences of California in the last year. Their average twelve-month price target is $3.63, suggesting a possible upside of 95.4%. Stephens has the highest price target set, predicting PACB will reach $11.00 in the next twelve months. UBS Group AG has the lowest price target set, forecasting a price of $2.00 for Pacific Biosciences of California in the next year.
View the latest price targets for PACB.

What is the current consensus analyst rating for Pacific Biosciences of California?

Pacific Biosciences of California currently has 8 hold ratings and 7 buy ratings from Wall Street analysts. The stock has a consensus analyst rating of "Hold." A "hold" rating indicates that analysts believe investors should keep any existing positions they have in PACB, but not buy more shares or sell existing shares.
View the latest ratings for PACB.

What other companies compete with Pacific Biosciences of California?

How do I contact Pacific Biosciences of California's investor relations team?

Pacific Biosciences of California's physical mailing address is 1305 O`BRIEN DRIVE, MENLO PARK CA, 94025. The biotechnology company's listed phone number is (650) 521-8000 and its investor relations email address is [email protected]. The official website for Pacific Biosciences of California is www.pacb.com. Learn More about contacing Pacific Biosciences of California investor relations.