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Quanterix Corporation (QTRX)

Healthcare | Medical Devices | Billerica, United States | NasdaqGM
3.88 USD
After hours: 3.90 +0.02 (0.515%) ⇧ (July 13, 2026, 7:17 p.m. EDT)

Short-term:★★☆☆☆Long-term:★☆☆☆☆Dividends:☆☆☆☆☆
Hot Take | July 11, 2026, 5:57 a.m. EDT

The investment case for Quanterix is currently broken by a severe deterioration in profitability and a multi-year price collapse. While the company boasts impressive revenue growth of 20%, the bottom line is hemorrhaging cash, with operating margins at -59% and free cash flow in the negative millions. The market has punished this relentlessly, sending the share price down over 60% from its peak seven years ago. Although the stock trades at a discount to book value, this is a classic value trap where the balance sheet is eroding rather than providing a safety margin. The lack of any dividend history confirms the capital is being burned on operations rather than returned to shareholders. On the short end, the heavy put writing suggests traders are betting on continued weakness, making this a dangerous environment for new entries. The statistical forecast offers no directional clarity, which is typical for such volatile, distressed small-cap biotech names. Until the path to profitability is clearly defined and sustained, the risk-reward profile remains skewed heavily against the buyer.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
AutoETS ✓0.133908
MSTL0.137893
AutoTheta0.259572
AutoARIMA0.267909

Forecast horizon: 45 days | Selected: AutoETS

Forecast Reliability
Score 36%
H-stat 1.16
Ljung-Box p 0.000
Jarque-Bera p 0.234
Excess Kurtosis -0.28
Attribute Value
Sector Healthcare
Debt to Equity Ratio 12.524
Revenue per Share 3.243
Market Cap 182,771,200
Forward P/E -2.85
Beta 1.04
Profit Margins -71.86%
Website https://www.quanterix.com

As of July 11, 2026, 5:57 a.m. EDT: Speculators are overwhelmingly positioning for downside protection. Put open interest significantly exceeds call open interest across all expirations, with deep out-of-the-money puts holding the highest volume relative to strikes. This indicates a strong consensus among retail traders that further declines are likely, despite the stock testing resistance levels recently.


Info Dump

Attribute Value
52 Week Change -0.3586777
Address1 Building 1
Address2 900 Middlesex Turnpike
All Time High 92.57
All Time Low 2.395
Ask 4.9
Ask Size 2
Audit Risk 10
Average Analyst Rating 3.0 - Hold
Average Daily Volume10 Day 954,070
Average Daily Volume3 Month 1,226,690
Average Volume 1,226,690
Average Volume10Days 954,070
Beta 1.038
Bid 2.89
Bid Size 2
Board Risk 6
Book Value 5.995
City Billerica
Compensation As Of Epoch Date 1,767,139,200
Compensation Risk 7
Country United States
Crypto Tradeable 0
Currency USD
Current Price 3.88
Current Ratio 3.722
Custom Price Alert Confidence HIGH
Date Short Interest 1,782,777,600
Day High 4.04
Day Low 3.81
Debt To Equity 12.524
Display Name Quanterix
Earnings Call Timestamp End 1,778,099,400
Earnings Call Timestamp Start 1,778,099,400
Earnings Timestamp 1,778,097,600
Earnings Timestamp End 1,786,046,400
Earnings Timestamp Start 1,786,046,400
Ebitda -63,673,000
Ebitda Margins -0.43919
Enterprise To Ebitda -1.866
Enterprise To Revenue 0.82
Enterprise Value 118,842,208
Eps Current Year -1.23
Eps Forward -1.36
Eps Trailing Twelve Months -2.35
Esg Populated 0
Exchange NGM
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 3.3029
Fifty Day Average Change 0.57710004
Fifty Day Average Change Percent 0.17472525
Fifty Two Week Change Percent -35.867767
Fifty Two Week High 8.77
Fifty Two Week High Change -4.8900003
Fifty Two Week High Change Percent -0.5575827
Fifty Two Week Low 2.395
Fifty Two Week Low Change 1.4850001
Fifty Two Week Low Change Percent 0.6200418
Fifty Two Week Range 2.395 - 8.77
Financial Currency USD
First Trade Date Milliseconds 1,512,657,000,000
Float Shares 38,459,207
Forward Eps -1.36
Forward P E -2.8529413
Free Cashflow -21,983,500
Full Exchange Name NasdaqGM
Full Time Employees 450
Gmt Off Set Milliseconds -14,400,000
Governance Epoch Date 1,782,864,000
Gross Margins 0.45308
Gross Profits 65,687,000
Has Pre Post Market Data 1
Held Percent Insiders 0.06302
Held Percent Institutions 0.85260004
Implied Shares Outstanding 47,105,981
Industry Medical Devices
Industry Disp Medical Devices
Industry Key medical-devices
Is Earnings Date Estimate 1
Language en-US
Last Fiscal Year End 1,767,139,200
Long Business Summary Quanterix Corporation, a life sciences company in North America, Europe, the Middle East, Africa, and the Asia Pacific regions. The company offers HD-X instrument, a protein detection platform; and SR-X instrument that enables researchers to apply Simoa detection in an expanded range of applications. It also provides SP-X instrument that is based on Simoa planar array technology for the measurement of multiplex chemiluminescent immunoassays. The company's products include assays include all components required to run enzyme-based immunoassay, such as beads, capture and detector reagents, and enzyme reagents and substrate; and replacement parts, reagents, and antibodies. In addition, the company offers contract research and clinical laboratory testing services, including research and clinical trial testing, and lucent diagnostic services. The company primarily operates in the areas of neurology, oncology and immunology, and inflammation. It sells its products for the life science research sector primarily to laboratories associated with academic and governmental research institutions, as well as pharmaceutical, biotechnology, and contract research companies through a direct field sale, support organizations, and sales force and distributors. The company was formerly known as Digital Genomics, Inc. and changed its name to Quanterix Corporation in August 2007. Quanterix Corporation was incorporated in 2007 and is headquartered in Billerica, Massachusetts.
Long Name Quanterix Corporation
Market us_market
Market Cap 182,771,200
Market State POSTPOST
Max Age 86,400
Message Board Id finmb_47689694
Most Recent Quarter 1,774,915,200
Net Income To Common -104,187,000
Next Fiscal Year End 1,798,675,200
Non Diluted Market Cap 182,771,206
Number Of Analyst Opinions 3
Open 3.89
Operating Cashflow -81,455,000
Operating Margins -0.59116
Overall Risk 6
Payout Ratio 0.0
Phone 617 301 9400
Post Market Change 0.01999998
Post Market Change Percent 0.5154634
Post Market Price 3.9
Post Market Time 1,783,984,667
Previous Close 3.88
Price Eps Current Year -3.1544716
Price Hint 4
Price To Book 0.647206
Price To Sales Trailing12 Months 1.2606735
Profit Margins -0.71863997
Quick Ratio 2.536
Quote Source Name Nasdaq Real Time Price
Quote Type EQUITY
Recommendation Key hold
Recommendation Mean 3.0
Region US
Regular Market Change 0.0
Regular Market Change Percent 0.0
Regular Market Day High 4.04
Regular Market Day Low 3.81
Regular Market Day Range 3.81 - 4.04
Regular Market Open 3.89
Regular Market Previous Close 3.88
Regular Market Price 3.88
Regular Market Time 1,783,972,800
Regular Market Volume 286,903
Return On Assets -0.13387
Return On Equity -0.34814
Revenue Growth 0.201
Revenue Per Share 3.243
Sand P52 Week Change 0.20847368
Sector Healthcare
Sector Disp Healthcare
Sector Key healthcare
Share Holder Rights Risk 3
Shares Outstanding 47,105,981
Shares Percent Shares Out 0.0919
Shares Short 4,327,379
Shares Short Previous Month Date 1,780,012,800
Shares Short Prior Month 5,057,385
Short Name Quanterix Corporation
Short Percent Of Float 0.1035
Short Ratio 3.37
Source Interval 15
State MA
Symbol QTRX
Target High Price 5.0
Target Low Price 4.0
Target Mean Price 4.33333
Target Median Price 4.0
Total Cash 99,265,000
Total Cash Per Share 2.107
Total Debt 35,336,000
Total Revenue 144,979,008
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing Eps -2.35
Trailing Peg Ratio None
Triggerable 1
Two Hundred Day Average 5.0762
Two Hundred Day Average Change -1.1961999
Two Hundred Day Average Change Percent -0.23564869
Type Disp Equity
Volume 286,903
Website https://www.quanterix.com
Zip 1,821