Positive News SentimentPositive NewsNASDAQ:ABCL AbCellera Biologics (ABCL) Stock Price, News & Analysis → No Strings Attached: Get 30 Days of Hedgeye’s Top Stock Picks for Free (From Hedgeye) (Ad) Free ABCL Stock Alerts $3.62 -0.16 (-4.23%) (As of 06/7/2024 ET) Add Compare Share Share Today's Range$3.61▼$3.7650-Day Range$3.62▼$4.7352-Week Range$3.58▼$8.05Volume1.08 million shsAverage Volume1.28 million shsMarket Capitalization$1.06 billionP/E RatioN/ADividend YieldN/APrice Target$16.17 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrendsStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrends Get AbCellera Biologics alerts: Email Address AbCellera Biologics MarketRank™ Stock AnalysisAnalyst RatingBuy3.00 Rating ScoreUpside/Downside346.6% Upside$16.17 Price TargetShort InterestBearish9.58% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews SentimentN/AInsider TradingN/AProj. Earnings GrowthDecreasingFrom ($0.60) to ($0.72) Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.2.63 out of 5 starsMedical Sector394th out of 904 stocksPharmaceutical Preparations Industry180th out of 429 stocks 3.5 Analyst's Opinion Consensus RatingAbCellera Biologics has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 7 buy ratings, no hold ratings, and no sell ratings.Amount of Analyst CoverageAbCellera Biologics has only been the subject of 1 research reports in the past 90 days.Read more about AbCellera Biologics' stock forecast and price target. Previous Next 2.0 Short Interest Percentage of Shares Shorted9.58% of the float of AbCellera Biologics has been sold short.Short Interest Ratio / Days to CoverAbCellera Biologics has a short interest ratio ("days to cover") of 14.6, which indicates bearish sentiment.Change versus previous monthShort interest in AbCellera Biologics has recently decreased by 15.20%, indicating that investor sentiment is improving significantly. Previous Next 0.0 Dividend Strength Dividend YieldAbCellera Biologics does not currently pay a dividend.Dividend GrowthAbCellera Biologics does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for ABCL. Previous Next 3.3 News and Social Media Coverage News SentimentAbCellera Biologics has a news sentiment score of 1.92. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.73 average news sentiment score of Medical companies.Search Interest21 people have searched for ABCL on MarketBeat in the last 30 days. This is an increase of 50% compared to the previous 30 days.MarketBeat FollowsOnly 6 people have added AbCellera Biologics to their MarketBeat watchlist in the last 30 days. This is a decrease of -40% compared to the previous 30 days. Previous Next 3.3 Company Ownership Insider Buying vs. Insider SellingIn the past three months, AbCellera Biologics insiders have not sold or bought any company stock.Percentage Held by Insiders32.45% of the stock of AbCellera Biologics is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by Institutions61.42% of the stock of AbCellera Biologics is held by institutions. High institutional ownership can be a signal of strong market trust in this company.Read more about AbCellera Biologics' insider trading history. Previous Next 0.6 Earnings and Valuation Earnings GrowthEarnings for AbCellera Biologics are expected to decrease in the coming year, from ($0.60) to ($0.72) per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of AbCellera Biologics is -6.96, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of AbCellera Biologics is -6.96, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Book Value per Share RatioAbCellera Biologics has a P/B Ratio of 0.91. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.Read more about AbCellera Biologics' valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad InvestorPlaceWarren Buffett & 48 Members of Congress Are Buying ONE Sector…Why are Warren Buffett, Jeff Bezos, Michael Bloomberg, “The Walmart Family”, Bill Gates, and 48 members of Congress shifting their stocks in a frenzy? And why are they all piling into ONE unique corner of the market…Click here for the details About AbCellera Biologics Stock (NASDAQ:ABCL)AbCellera Biologics Inc. builds an engine for antibody drug discovery and development. Its engine discovers antibodies from natural immune responses, which are pre-enriched for antibodies. The company's preclinical products are ABCL635 for metabolic and endocrine conditions; and ABCL575 for atopic dermatitis. It has a research collaboration and license agreement with Eli Lilly and Company; and a research collaboration with Confo Therapeutics for the discovery of therapeutic antibody candidates targeting two undisclosed GPCR targets, as well as strategic collaboration with Biogen Inc. to discover therapeutic antibodies for neurological conditions. The company was incorporated in 2012 and is headquartered in Vancouver, Canada.Read More ABCL Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart ABCL Stock News HeadlinesMay 31, 2024 | americanbankingnews.comAbCellera Biologics Inc. (NASDAQ:ABCL) Short Interest Down 15.2% in MayMay 28, 2024 | businesswire.comAbCellera to Present at the Goldman Sachs 45th Annual Global Healthcare Conference on June 10, 2024May 16, 2024 | markets.businessinsider.comKeyBanc Reaffirms Their Buy Rating on AbCellera Biologics (ABCL)May 16, 2024 | seekingalpha.comAbCellera: If You Build It, Will They Come? Fresh Impetus RequiredMay 15, 2024 | seekingalpha.comAbCellera: Cash Providing Shelter From Market WeaknessMay 13, 2024 | investorplace.com3 Stock Gems Hiding in the NasdaqMay 10, 2024 | finance.yahoo.comEarnings Release: Here's Why Analysts Cut Their AbCellera Biologics Inc. (NASDAQ:ABCL) Price Target To US$12.71May 8, 2024 | markets.businessinsider.comAnalysts Are Bullish on These Healthcare Stocks: ICU Medical (ICUI), AbCellera Biologics (ABCL)May 8, 2024 | markets.businessinsider.comBuy Rating Affirmed for AbCellera Biologics on Strong Financials and Promising PartnershipsMay 8, 2024 | fool.comAbCellera Biologics (ABCL) Q1 2024 Earnings Call TranscriptMay 8, 2024 | finance.yahoo.comQ1 2024 Abcellera Biologics Inc Earnings CallMay 7, 2024 | investorplace.comABCL Stock Earnings: AbCellera Biologics Beats EPS, Misses Revenue for Q1 2024May 7, 2024 | finance.yahoo.comAbCellera Biologics Inc (ABCL) Q1 2024 Earnings: Misses Revenue and Net Loss EstimatesMay 7, 2024 | businesswire.comAbCellera Reports Q1 2024 Business ResultsMay 6, 2024 | markets.businessinsider.comWhat Wall Street expects from AbCellera Biologics's earningsMay 2, 2024 | finance.yahoo.comInsider Stock Buying Reaches US$1.61m On AbCellera BiologicsMay 1, 2024 | businesswire.comAbCellera, Viking Global Investors, and ArrowMark Partners Collaborate to Launch New Biotech CompaniesApril 18, 2024 | finance.yahoo.comAbCellera Biologics Inc. (ABCL)April 8, 2024 | businesswire.comAbCellera Presents Data on T-Cell Engagers Against Four Tumor Targets at AACR 2024April 3, 2024 | businesswire.comAbCellera to Report First Quarter 2024 Financial Results on May 7, 2024March 27, 2024 | investorplace.comThe 7 Best Penny Stocks to Buy in Q2 2024March 27, 2024 | finance.yahoo.comBillionaire Investor Stan Druckenmiller and Insiders Are Piling Into These 11 StocksMarch 19, 2024 | businesswire.comAbCellera to Present at the Bloom Burton Healthcare Conference on April 16, 2024March 11, 2024 | msn.comAbCellera gains on antibody collaboration with BiogenMarch 5, 2024 | businesswire.comAbCellera Announces Four Presentations on T-Cell Engagers at AACR 2024See More Headlines Receive ABCL Stock News and Ratings via Email Sign-up to receive the latest news and ratings for AbCellera Biologics and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings5/07/2024Today6/08/2024Next Earnings (Estimated)8/01/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorMedical Industry Pharmaceutical preparations Sub-IndustryN/A Current SymbolNASDAQ:ABCL CUSIPN/A CIK1703057 Webwww.abcellera.com Phone604-559-9005FaxN/AEmployees586Year FoundedN/APrice Target and Rating Average Stock Price Target$16.17 High Stock Price Target$24.00 Low Stock Price Target$7.00 Potential Upside/Downside+346.6%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage7 Analysts Profitability EPS (Most Recent Fiscal Year)($0.52) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-146,400,000.00 Net Margins-410.47% Pretax Margin-471.19% Return on Equity-12.61% Return on Assets-9.79% Debt Debt-to-Equity RatioN/A Current Ratio7.76 Quick Ratio7.76 Sales & Book Value Annual Sales$35.79 million Price / Sales29.74 Cash FlowN/A Price / Cash FlowN/A Book Value$3.97 per share Price / Book0.91Miscellaneous Outstanding Shares294,054,000Free Float198,633,000Market Cap$1.06 billion OptionableOptionable Beta0.45 7 AI Stocks to Invest In: An Introduction to AI Investing For Self-Directed InvestorsAs the AI market heats up, investors who have a vision for artificial intelligence have the potential to see real returns. Learn about the industry as a whole as well as seven companies that are getting work done with the power of AI.Get This Free Report Key ExecutivesDr. Carl L.G. Hansen Ph.D. (Age 49)CEO, President & Chairperson Comp: $711.47kMr. Andrew Booth M.B.A. (Age 50)Chief Financial Officer Comp: $642.42kDr. Veronique Lecault Ph.D. (Age 39)COO & Director Comp: $645.07kMr. Tryn T. Stimart Esq. (Age 54)J.D., M.Sc., Chief Legal Officer, CCO, Compliance Officer, Corporate Secretary & Privacy Officer Comp: $644.4kMr. Neil Aubuchon B.A. (Age 53)M.B.A., Chief Commercial Officer Comp: $684.81kMarcie Thiessen CPACGA, Senior Director of Finance & AccountingDr. Ester Falconer Ph.D. (Age 49)Chief Technology Officer Kathleen Reid B.A.Head of Corporate CommunicationsGraham Craig M.Sc.Director of Corporate DevelopmentMr. Murray McCutcheon Ph.D.Senior Vice President of PartneringMore ExecutivesKey CompetitorsAlkermesNASDAQ:ALKSPerrigoNYSE:PRGOCrinetics PharmaceuticalsNASDAQ:CRNXAxsome TherapeuticsNASDAQ:AXSMCorcept TherapeuticsNASDAQ:CORTView All CompetitorsInstitutional OwnershipWalleye Trading LLCSold 300 shares on 5/17/2024Ownership: 0.000%B. Riley Wealth Advisors Inc.Sold 9,000 shares on 5/16/2024Ownership: 0.004%Baker BROS. Advisors LPBought 4,615,887 shares on 5/15/2024Ownership: 9.361%Lazard Asset Management LLCSold 1,391,993 shares on 5/15/2024Ownership: 0.687%Nan Fung Group Holdings LtdBought 38,450 shares on 5/14/2024Ownership: 0.017%View All Institutional Transactions ABCL Stock Analysis - Frequently Asked Questions Should I buy or sell AbCellera Biologics stock right now? 7 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for AbCellera Biologics in the last twelve months. There are currently 7 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" ABCL shares. View ABCL analyst ratings or view top-rated stocks. What is AbCellera Biologics' stock price target for 2024? 7 brokerages have issued 12 month price objectives for AbCellera Biologics' stock. Their ABCL share price targets range from $7.00 to $24.00. On average, they predict the company's share price to reach $16.17 in the next year. This suggests a possible upside of 346.6% from the stock's current price. View analysts price targets for ABCL or view top-rated stocks among Wall Street analysts. How have ABCL shares performed in 2024? AbCellera Biologics' stock was trading at $5.71 at the beginning of the year. Since then, ABCL shares have decreased by 36.6% and is now trading at $3.62. View the best growth stocks for 2024 here. Are investors shorting AbCellera Biologics? AbCellera Biologics saw a decline in short interest in the month of May. As of May 15th, there was short interest totaling 19,750,000 shares, a decline of 15.2% from the April 30th total of 23,290,000 shares. Based on an average daily volume of 1,350,000 shares, the short-interest ratio is presently 14.6 days. Approximately 9.6% of the company's shares are short sold. View AbCellera Biologics' Short Interest. When is AbCellera Biologics' next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, August 1st 2024. View our ABCL earnings forecast. How were AbCellera Biologics' earnings last quarter? AbCellera Biologics Inc. (NASDAQ:ABCL) released its quarterly earnings results on Tuesday, May, 7th. The company reported ($0.14) earnings per share (EPS) for the quarter, topping analysts' consensus estimates of ($0.16) by $0.02. The firm earned $9.95 million during the quarter, compared to analyst estimates of $10.73 million. AbCellera Biologics had a negative net margin of 410.47% and a negative trailing twelve-month return on equity of 12.61%. AbCellera Biologics's revenue was down 18.4% on a year-over-year basis. During the same quarter in the previous year, the business posted ($0.14) earnings per share. What ETFs hold AbCellera Biologics' stock? ETFs with the largest weight of AbCellera Biologics (NASDAQ:ABCL) stock in their portfolio include TrueShares Technology, AI & Deep Learning ETF (LRNZ).iShares Genomics Immunology and Healthcare ETF (IDNA). When did AbCellera Biologics IPO? AbCellera Biologics (ABCL) raised $356 million in an initial public offering on Friday, December 11th 2020. The company issued 23,000,000 shares at a price of $14.00-$17.00 per share. Credit Suisse, Stifel, Berenberg, SVB Leerink and BMO Capital Markets acted as the underwriters for the IPO. Who are AbCellera Biologics' major shareholders? AbCellera Biologics' stock is owned by many different retail and institutional investors. Top institutional shareholders include Baker BROS. Advisors LP (9.36%), Baillie Gifford & Co. (7.92%), Lazard Asset Management LLC (0.69%), TrueMark Investments LLC (0.04%), Mirae Asset Global Investments Co. Ltd. (0.03%) and Duality Advisers LP (0.02%). Insiders that own company stock include Andrew Booth, Andrew Lo, Carl L G Hansen, Holdings Ltd Thermopylae, John Hamer, John S Montalbano, Michael R Hayden and Veronique Lecault. View institutional ownership trends. How do I buy shares of AbCellera Biologics? Shares of ABCL stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. This page (NASDAQ:ABCL) was last updated on 6/8/2024 by MarketBeat.com Staff From Our PartnersCollapse of the Petrodollar The death of the "petrodollar" seems imminent. And the implications could not be worse for Americans. 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