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LAB Forecasts Revenue Between $80 Million and $85 Million for FY
Standard BioTools Inc (LAB) has projected its fiscal year 2026 revenue to be between $80 million and $85 million. The company, which specializes in medical devices and instruments, operates with a strong balance sheet due to low debt-to-equity and strong liquidity, despite facing profitability challenges and being in a distress zone according to the Altman Z-Score. Valuation metrics show a complex scenario, with the stock approaching oversold territory and institutional ownership at 73.85%, complemented by recent insider buying.