Stock Taper
| DATE | TYPE | RATIO |
|---|---|---|
| 2025-01-27 | Reverse | 1:60 |
| 2023-08-07 | Reverse | 1:10 |
Bionano Genomics provides genome analysis software, optical genome mapping instruments, consumables, and genetic testing services to analyze structural variations and genetic disorders.

The Stratys system by Bionano is an advanced high-throughput optical genome mapping instrument, generating up to four times more data than its predecessor, enabling detailed structural variation analysis for research and clinical applications.
In a move to regain compliance with Nasdaq's minimum bid price requirement, Bionano Genomics implemented a 1-for-60 reverse stock split. This corporate action, effective January 24, 2025, significantly consolidated the number of outstanding shares and increased the per-share trading price, putting the company in the spotlight due to the market's often negative perception of such measures as a sign of underlying distress.
In 2025, Bionano Genomics executed a significant strategic shift away from a capital-intensive instrument sales model to a high-margin, recurring revenue structure focused on consumables and software. This intentional pivot aims to stabilize financials and create a more predictable revenue stream by capitalizing on the growing utilization of its installed base of Optical Genome Mapping (OGM) systems.
Overall rating: B-
| PEER | PRICE | |
|---|---|---|
XTLB | $1.99 | COMPARE |
KTTA | $0.45 | COMPARE |
QNRX | $4.33 | COMPARE |
NDRA | $5.80 | COMPARE |