Bullish Case: Significant revenue growth and expansion in instrument sales possibly signal a positive transformation despite PACB's market challenges and recent price decline.


Bearish Case: Heavy net losses, declining gross margin, and insider selling may continue to pressure PACB's valuation, suggesting a potential downward trend.


Potential Outcomes: 45% chance of moderate rise with ongoing revenue growth, 35% chance of stabilizing due to mean-reverting action, 20% likelihood of decline tied to insider sales and profitability concerns.


Trading Oracle: Sign Up to access trading oracle trade ideas.


April 05, 2024


Pacific Biosciences of California Forecast

PACB        Pacific Biosciences of California
Price Forecast: NEUTRAL    Price Action: MEAN REVERTING (?)






Correlated Stock Forecasts

Assets that tend to move strongly with PACB



SGML Forecast + Options Trading Strategies   [SGML]  Sigma Lithium (0.95)


CMP Forecast + Options Trading Strategies   [CMP]  Compass Minerals International (0.94)


BMBL Forecast + Options Trading Strategies   [BMBL]  Bumble (0.94)


NOVA Forecast + Options Trading Strategies   [NOVA]  Sunnova Energy International (0.93)


LIT Forecast + Options Trading Strategies   [LIT]  Global X Lithium & Battery Tech (0.93)



Uncorrelated Stock Forecasts

Assets with little price relationship to PACB



HSBC Forecast + Options Trading Strategies   [HSBC]  HSBC (-0.0)


KR Forecast + Options Trading Strategies   [KR]  Kroger (-0.0)


PEG Forecast + Options Trading Strategies   [PEG]  Public Service Enterprise (0.0)


IREN Forecast + Options Trading Strategies   [IREN]  IREN (-0.0)


BCS Forecast + Options Trading Strategies   [BCS]  Barclays (-0.0)



Anticorrelated Stock Forecasts

Assets that tend to move strongly against PACB



CB Forecast + Options Trading Strategies   [CB]  Chubb (-0.9)


DHT Forecast + Options Trading Strategies   [DHT]  DHT (-0.9)


STNG Forecast + Options Trading Strategies   [STNG]  Scorpio Tankers (-0.91)


YCS Forecast + Options Trading Strategies   [YCS]  ProShares UltraShort Yen (-0.92)


FRO Forecast + Options Trading Strategies   [FRO]  Frontline (-0.93)





Become a more profitable investor with AI optimized trading strategies






×

Chat with Helium


 Ask me any question!