Absci Stock Forecast, Price & News

Absci (NASDAQ:ABSI) Frequently Asked Questions

Is Absci a buy right now?

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Absci in the last year. There are currently 4 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" Absci stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in ABSI, but not buy additional shares or sell existing shares.
View analyst ratings for Absci or view top-rated stocks.

What stocks does MarketBeat like better than Absci?

Wall Street analysts have given Absci a "Hold" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Absci wasn't one of them. MarketBeat thinks these five companies may be even better buys.
View MarketBeat's top stock picks here.

Are investors shorting Absci?

Absci saw a increase in short interest during the month of September. As of September 15th, there was short interest totaling 1,940,000 shares, an increase of 19.0% from the August 31st total of 1,630,000 shares. Based on an average trading volume of 419,400 shares, the short-interest ratio is currently 4.6 days. Approximately 3.3% of the shares of the stock are short sold.
View Absci's Short Interest.

When is Absci's next earnings date?

Absci is scheduled to release its next quarterly earnings announcement on Tuesday, November 9th 2021.
View our earnings forecast for Absci.

How can I listen to Absci's earnings call?

Absci will be holding an earnings conference call on Tuesday, November 9th at 8:30 AM Eastern. Interested parties can register for or listen to the call using this link.

How were Absci's earnings last quarter?

Absci Corp (NASDAQ:ABSI) released its quarterly earnings results on Monday, September, 6th. The company reported ($2.39) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.17) by $2.22. The business earned $0.73 million during the quarter, compared to the consensus estimate of $1.88 million.
View Absci's earnings history.

What price target have analysts set for ABSI?

6 brokerages have issued 12-month target prices for Absci's shares. Their forecasts range from $26.00 to $40.00. On average, they expect Absci's stock price to reach $30.00 in the next year. This suggests a possible upside of 182.2% from the stock's current price.
View analysts' price targets for Absci or view top-rated stocks among Wall Street analysts.

Who are some of Absci's key competitors?

Some companies that are related to Absci include Anavex Life Sciences (AVXL), Zymergen (ZY), National Research (NRC), Inotiv (NOTV), SomaLogic (SLGC), Starpharma (SPHRY), CM Life Sciences II (CMII), Luna Innovations (LUNA), Auxly Cannabis Group (CBWTF), Eloxx Pharmaceuticals (ELOX), LifeSci Acquisition II (LSAQ), AIkido Pharma (AIKI), AIkido Pharma (AIKI), Bioqual (BIOQ) and Inhibitor Therapeutics (INTI).
View all of ABSI's competitors.

When did Absci IPO?

(ABSI) raised $200 million in an initial public offering on Thursday, July 22nd 2021. The company issued 12,500,000 shares at $15.00-$17.00 per share.

What is Absci's stock symbol?

Absci trades on the NASDAQ under the ticker symbol "ABSI."

When did the company's quiet period expire?

Absci's quiet period expired on Tuesday, August 31st. Absci had issued 12,500,000 shares in its initial public offering on July 22nd. The total size of the offering was $200,000,000 based on an initial share price of $16.00. During the company's quiet period, underwriters and any insiders that worked on the IPO were restricted from issuing any earnings forecasts or research reports for the company because of regulations issued by the Securities and Exchange Commission. Now that the company's quiet period has ended, brokerages that served as underwriters are now able to initiate research on the company.

How do I buy shares of Absci?

Shares of ABSI can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Absci's stock price today?

One share of ABSI stock can currently be purchased for approximately $10.63.

How much money does Absci make?

Absci has a market capitalization of $983.88 million and generates $4.78 million in revenue each year.

What is Absci's official website?

The official website for Absci is www.absci.com.

How can I contact Absci?

The company can be reached via phone at 360-949-1041 or via email at [email protected].