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Berkeley Lights, Inc. Stock Research

BLI

1.30USD+0.03(+2.36%)Market Closed

Market Summary

USD1.30+0.03
Market Closed
2.36%

BLI Stock Price

BLI RSI Chart

BLI Valuation

Market Cap

93.8M

Price/Earnings (Trailing)

-0.96

Price/Sales (Trailing)

1.19

EV/EBITDA

-0.08

Price/Free Cashflow

-1.69

BLI Price/Sales (Trailing)

BLI Profitability

EBT Margin

-124.61%

Return on Equity

-69.02%

Return on Assets

-43.36%

Free Cashflow Yield

-59.28%

BLI Fundamentals

BLI Revenue

Revenue (TTM)

78.6M

Revenue Y/Y

-23.05%

Revenue Q/Q

-16.62%

BLI Earnings

Earnings (TTM)

-98.0M

Earnings Y/Y

-65.24%

Earnings Q/Q

-35.87%

Price Action

52 Week Range

1.207.79
(Low)(High)

Last 7 days

-8.0%

Last 30 days

-29.0%

Last 90 days

-49.8%

Trailing 12 Months

-76.4%

BLI Financial Health

Current Ratio

3.89

BLI Investor Care

Shares Dilution (1Y)

6.77%

Diluted EPS (TTM)

-1.42

Peers (Alternatives to Berkeley Lights)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
2.5T
387.5B
-0.56% -0.91%
25.94
6.37
2.44% -5.35%
2.1T
204.1B
-1.92% -6.89%
30.5
10.08
10.38% -5.25%
1.3T
282.8B
1.63% -25.54%
21.65
4.59
9.78% -21.12%
1.0T
514.0B
-3.36% -34.72%
-376.42
1.99
9.40% -108.16%
MID-CAP
3.6B
258.4M
203.99% 176.76%
-11.9
13.75
24.91% -254.56%
2.3B
9.2B
-18.97% -49.38%
-6.41
0.25
51.67% -98.90%
SMALL-CAP
1.7B
1.7B
-22.36% -14.62%
13.72
0.97
61.79% 371.82%
1.6B
602.5M
-17.77% -52.80%
-2.74
2.63
18.18% -18.59%
1.1B
418.9M
5.51% -56.16%
-2.93
2.57
-9.85% -101.06%
991.7M
478.9M
-11.35% -65.42%
-0.32
2.07
-31.50% -634.70%
954.9M
482.4M
-16.25% -37.64%
-4.12
1.98
33.15% -170.42%
897.6M
50.8M
-34.66% -77.56%
-1.14
17.66
1229.98% -13.59%
788.4M
1.1B
-10.56% -33.33%
27.33
0.72
-5.82% -92.23%
281.8M
10.3M
-24.84% -63.38%
-1.01
27.46
478.23% 7.85%

Financials for Berkeley Lights

Income Statement (Last 12 Months)
Description(%) Q/Q2022Q42022Q32022Q22022Q12021Q4
Revenue-6.4%78,595,00083,940,00086,866,00086,966,00085,388,000
Gross Profit-6.9%53,781,00057,737,00058,125,00057,927,00056,551,000
Operating Expenses5.5%151,835,000143,904,000142,736,000134,840,000127,340,000
  S&GA Expenses65.2%95,115,00057,581,00050,254,00048,300,00068,787,000
  R&D Expenses-12.1%53,207,00060,525,00067,742,00063,099,00058,553,000
EBITDA-13.8%-88,026,000-77,381,000-77,126,000-70,528,000-
EBITDA Margin-21.5%-1.12-0.92-0.89-0.81-
Earnings Before Taxes-13.1%-97,940,000-86,577,000-85,382,000-77,767,000-71,779,000
EBT Margin-20.8%-1.25-1.03-0.98-0.89-
Interest Expenses0.1%910,000909,000912,0001,041,0001,171,000
Net Income-13.4%-98,040,000-86,471,000-85,308,000-77,715,000-71,724,000
Net Income Margin-21.1%-1.25-1.03-0.98-0.89-
Free Cahsflow14.1%-55,615,000-64,763,000-67,822,000-71,635,000-
Balance Sheet
(In Millions)
Description(%) Q/Q2022Q42022Q32022Q22022Q12021Q4
Assets-3.7%226235249266287
  Current Assets-2.2%177181192208231
    Cash Equivalents-28.3%87.00121143165178
  Inventory20.1%19.0016.0016.0016.0015.00
  Net PPE-13.9%24.0028.0029.0030.0028.00
Liabilities9.6%84.0077.0074.0073.0079.00
  Current Liabilities32.3%45.0034.0029.0028.0033.00
Shareholder's Equity-10.2%142158174193208
  Retained Earnings-8.8%-361-332-310-285-263
  Additional Paid-In Capital2.7%504491485478472
Accumulated Depreciation-22.00----
Shares Outstanding5.2%72.0069.0068.0068.0068.00
Cashflow (Last 12 Months)
(In Millions)
Description(%) Q/Q2022Q42022Q32022Q22022Q12021Q4
Cashflow From Operations8.4%-47.54-51.92-49.62-51.84-53.13
  Share Based Compensation-0.4%22.0022.0023.0022.0021.00
Cashflow From Investing-100.8%-53.98-26.88-27.57-19.80-15.82
Cashflow From Financing344.9%10.002.005.006.0014.00

Risks for BLI

What is the probability of a big loss on BLI?

80.7%


Probability that Berkeley Lights stock will be more than 20% underwater in next one year

80%


Probability that Berkeley Lights stock will be more than 30% underwater in next one year.

77.1%


Probability that Berkeley Lights stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.

How does BLI drawdown profile look like?

Y-axis is the maximum loss one would have experienced if Berkeley Lights was unfortunately bought at previous high price.

Drawdowns

Returns for BLI

Cumulative Returns on BLI

Which funds bought or sold BLI recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2023-03-10
BAILLIE GIFFORD & CO
reduced
-63.76
-7,023,230
3,610,770
-%
2023-03-06
Rockefeller Capital Management L.P.
unchanged
-
-6,000
86,000
-%
2023-03-02
LORING WOLCOTT & COOLIDGE FIDUCIARY ADVISORS LLP/MA
new
-
5,360
5,360
-%
2023-02-28
Voya Investment Management LLC
added
34.76
36,510
177,510
-%
2023-02-15
MetLife Investment Management, LLC
reduced
-30.57
-28,217
51,783
-%
2023-02-15
ALLIANCEBERNSTEIN L.P.
added
29.75
42,592
239,592
-%
2023-02-15
JANE STREET GROUP, LLC
added
202
58,040
89,040
-%
2023-02-15
Metropolitan Life Insurance Co/NY
added
2,644
9,487
9,487
-%
2023-02-15
Capital Impact Advisors, LLC
unchanged
-
-6,563
58,437
0.06%
2023-02-15
Point72 Middle East FZE
new
-
18,838
18,838
-%

1–10 of 48

Latest Funds Activity

Are funds buying BLI calls or puts?
Calls
Puts
Are funds bullish or bearish(Calls - Puts)?
Net Call Options
No. of funds that own BLI
No. of Funds

Berkeley Lights News

Stocks Register

Berkeley Lights Inc. (NASDAQ: BLI) Drops -0.77% In Early Trade ....

Stocks Register,
6 days ago

InvestorsObserver

Yahoo Finance

Schedule 13G FIlings of Berkeley Lights

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Mar 09, 2023
nierenberg investment management company, inc.
1.7%
1,246,164
SC 13G
Feb 09, 2023
vanguard group inc
4.66%
3,208,543
SC 13G/A
Feb 01, 2023
blackrock inc.
6.8%
4,644,829
SC 13G/A
Feb 14, 2022
sc us (ttgp), ltd.
0.4%
279,214
SC 13G/A
Feb 09, 2022
vanguard group inc
6.57%
4,435,418
SC 13G
Feb 09, 2022
ark investment management llc
11.87%
8,006,435
SC 13G/A
Feb 04, 2022
khandros igor y
13.0%
8,783,384
SC 13G/A
Feb 04, 2022
blackrock inc.
6.7%
4,540,485
SC 13G
Jun 10, 2021
ark investment management llc
10.04%
6,699,944
SC 13G
Mar 09, 2021
nikon corp
0%
0
SC 13G/A

BLI Fair Value

Berkeley Lights fair value in different scenarios

The table shows the Fair Value estimates for Berkeley Lights for various scenarios. Disclaimer: These are just estimations from a model. None of the models are good at predicting the future. Please dont buy or sell stocks based on these outputs.
Fair ValueVery PessimisticPessimisticBase CaseOptimisticVery Optimistic
Very Low Inflation

0.52

-60.00%

0.58

-55.38%

0.70

-46.15%

0.97

-25.38%

1.22

-6.15%
Current Inflation

0.51

-60.77%

0.57

-56.15%

0.68

-47.69%

0.91

-30.00%

1.13

-13.08%
Very High Inflation

0.51

-60.77%

0.56

-56.92%

0.65

-50.00%

0.84

-35.38%

1.02

-21.54%

Historical Berkeley Lights Fair Value Estimates


Very Pessimistic Case
Pessimistic Case
Fair Value
Optimistic Case
Very Optimistic Case
Closing Stock Price

Recent SEC filings of Berkeley Lights

View All Filings
Date Filed Form Type Document
Mar 16, 2023
8-K
Current Report
Mar 16, 2023
425
Prospectus Filed
Mar 10, 2023
8-K
Current Report
Mar 09, 2023
424B3
Prospectus Filed
Mar 09, 2023
SC 13G
Major Ownership Report
Mar 07, 2023
4
Insider Trading
Mar 07, 2023
4
Insider Trading
Mar 07, 2023
425
Prospectus Filed
Mar 07, 2023
4
Insider Trading
Mar 06, 2023
8-K
Current Report

Latest Insider Trading transactions for BLI

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
2023-03-07
McClaskey James Paul
sold (taxes)
-17,732
1.65
-10,747
svp, chief accounting officer
2023-03-07
Joshi Mehul
sold (taxes)
-24,449
1.65
-14,818
chief financial officer
2023-03-03
McClaskey James Paul
acquired
-
-
75,269
svp, chief accounting officer
2023-03-03
Joshi Mehul
acquired
-
-
242,404
chief financial officer
2023-03-03
Kadia Siddhartha
acquired
-
-
317,029
chief executive officer
2023-02-20
McClaskey James Paul
sold (taxes)
-2,437
1.65
-1,477
svp, chief accounting officer
2023-01-20
McClaskey James Paul
sold (taxes)
-317
2.22
-143
svp, chief accounting officer
2022-12-09
Kadia Siddhartha
sold (taxes)
-97,614
2.64
-36,975
chief executive officer
2022-12-07
Kadia Siddhartha
sold (taxes)
-379
2.53
-150
chief executive officer
2022-11-20
McClaskey James Paul
sold (taxes)
-5,906
2.93
-2,016
svp, chief accounting officer

1–10 of 50

Siddhartha C. Kadia
290
Berkeley Lights, Inc., a digital cell biology company, focuses on enabling and accelerating the rapid development and commercialization of biotherapeutics and other cell-based products. The company offers an integrated platform, which comprise of proprietary consumables, including OptoSelect chips and reagent kits, automation systems, and application and workflow software. It serves in North America, the Asia Pacific, and Europe. Berkeley Lights, Inc. was incorporated in 2011 and is headquartered in Emeryville, California.

BLI Income Statement

2022-12-31
Consolidated statements of operations - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Revenue:   
Total revenue$ 78,595$ 85,388$ 64,303
Cost of sales:   
Total cost of sales24,81428,83719,748
Gross profit53,78156,55144,555
Operating expenses:   
Research and development53,20758,55347,240
Selling, general and administrative95,11568,78737,709
Restructuring3,51300
Total operating expenses151,835127,34084,949
Loss from operations(98,054)(70,789)(40,394)
Other income (expense):   
Interest expense(910)(1,171)(1,436)
Interest income1,270175338
Other income (expense), net(246)682
Loss before income taxes(97,940)(71,779)(41,410)
Provision for (benefit from) income taxes100(55)174
Net loss$ (98,040)$ (71,724)$ (41,584)
Net loss attributable to common stockholders per share, basic (in dollars per share)$ (1.42)$ (1.08)$ (1.39)
Net loss attributable to common stockholders per share, diluted (in dollars per share)$ (1.42)$ (1.08)$ (1.39)
Weighted-average shares used in calculating net loss per share, basic (in shares)68,868,59666,707,12931,192,752
Weighted-average shares used in calculating net loss per share, diluted (in shares)68,868,59666,707,12931,192,752
Product   
Revenue:   
Total revenue$ 48,930$ 56,575$ 51,586
Cost of sales:   
Total cost of sales14,26114,85713,021
Service   
Revenue:   
Total revenue29,66528,81312,717
Cost of sales:   
Total cost of sales$ 10,553$ 13,980$ 6,727

BLI Balance Sheet

2022-12-31
Consolidated balance sheets - USD ($)
$ in Thousands
Dec. 31, 2022
Dec. 31, 2021
Current assets:  
Cash and cash equivalents$ 86,522$ 178,096
Short-term marketable securities46,2520
Trade accounts receivable18,53425,942
Inventory18,86114,547
Prepaid expenses and other current assets6,78311,985
Total current assets176,952230,570
Restricted cash0270
Property and equipment, net23,84727,992
Operating lease right-of-use assets23,32626,060
Other assets1,9692,361
Total assets226,094287,253
Current liabilities:  
Trade accounts payable10,0928,198
Accrued expenses and other current liabilities21,34012,425
Current portion of notes payable4,9660
Deferred revenue9,09212,128
Total current liabilities45,49032,751
Notes payable, net of current portion14,86019,762
Deferred revenue, net of current portion9632,187
Lease liability, long-term22,72624,337
Total liabilities84,03979,037
Commitments and contingencies (Note 17)
Stockholders’ equity:  
Convertible preferred stock, $0.00005 par value. Authorized 10,000,000 shares at December 31, 2022 and 2021, respectively; no shares issued and outstanding at December 31, 2022 and 202100
Common stock, $0.00005 par value. Authorized 300,000,000 shares at December 31, 2022 and 2021, respectively; issued and outstanding 72,169,052 shares and 67,595,535 shares at December 31, 2022 and 2021, respectively[1]44
Additional paid-in capital503,708471,820
Accumulated deficit(361,648)(263,608)
Accumulated other comprehensive loss(9)0
Total stockholders’ equity142,055208,216
Total liabilities and stockholders’ equity$ 226,094$ 287,253
[1]See Note 12 for further information.