Quanterix(US:QTRX) ZACKS·2025-10-02 17:01Core Viewpoint - Quanterix Corporation (QTRX) has been upgraded to a Zacks Rank 2 (Buy), indicating a positive outlook driven by an upward trend in earnings estimates [1][2] Earnings Estimates and Stock Price Impact - The Zacks rating system emphasizes the importance of changing earnings estimates, which are strongly correlated with near-term stock price movements [3][5] - Institutional investors utilize earnings estimates to determine the fair value of stocks, influencing their buying and selling actions, which subsequently affects stock prices [3] Business Improvement Indicators - The increase in earnings estimates and the Zacks rating upgrade suggest an improvement in Quanterix's underlying business, which could lead to higher stock prices as investors respond positively [4][9] Earnings Estimate Revisions - Quanterix is projected to earn -$1.25 per share for the fiscal year ending December 2025, with no year-over-year change expected [7] - Over the past three months, the Zacks Consensus Estimate for Quanterix has increased by 23.3%, indicating a positive revision trend [7] Zacks Rating System Overview - The Zacks Rank system classifies stocks into five groups based on earnings estimates, with a strong historical performance, particularly for Zacks Rank 1 stocks, which have averaged a +25% annual return since 1988 [6][8] - Quanterix's upgrade to Zacks Rank 2 places it in the top 20% of Zacks-covered stocks, suggesting a strong potential for market-beating returns in the near term [9]