Overview
Biotech toolmaker's Q4 revenue fell 24% yr/yr, with adjusted EBITDA improving
Company to divest biosecurity business, focusing on autonomous labs
Company plans to invest in autonomous labs, expanding Boston facility
Outlook
Ginkgo expects total cash burn of $(150)-$(125) million in 2026
Company focuses on autonomous labs as core platform for biotechnology research
Ginkgo plans to complete biosecurity business divestiture in first half of 2026
Result Drivers
CELL ENGINEERING DECLINE - Q4 Cell Engineering revenue decreased 26% due to ongoing program rationalization as part of restructuring activities
Company press release: ID:nPn4RtdMka
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
Q4 Net Income | -$81 mln |
Analyst Coverage
The current average analyst rating on the shares is "sell" and the breakdown of recommendations is 1 "strong buy" or "buy", no "hold" and 3 "sell" or "strong sell"
The average consensus recommendation for the biotechnology & medical research peer group is "buy."
Wall Street's median 12-month price target for Ginkgo Bioworks Holdings Inc is $9.00, about 4.1% below its February 25 closing price of $9.38
For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.
(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)
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