NASDAQ:ADAG Adagene - ADAG Stock Forecast, Price & News Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Adagene Inc. Please log in to your account or sign up in order to add this asset to your watchlist. $1.59 -0.01 (-0.71%) (As of 03/17/2023 06:55 PM ET) Add Compare Share Share Today's Range$1.43▼$1.6150-Day Range$1.35▼$1.9552-Week Range$0.90▼$4.84Volume12,600 shsAverage Volume27,365 shsMarket Capitalization$68.71 millionP/E RatioN/ADividend YieldN/APrice Target$5.00 ProfileAnalyst RatingsChartCompetitorsFinancialsInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial Media Adagene MarketRank™ ForecastAnalyst RatingBuy3.00 Rating ScoreUpside/Downside214.7% Upside$5.00 Price TargetShort InterestHealthy0.02% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.55Based on 3 Articles This WeekInsider TradingN/AProj. Earnings GrowthDecreasingFrom ($1.72) to ($2.07) Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.33 out of 5 starsMedical Sector250th out of 983 stocksPharmaceutical Preparations Industry107th out of 480 stocks 3.5 Analyst's Opinion Consensus RatingAdagene has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 2 buy ratings, no hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $5.00, Adagene has a forecasted upside of 214.7% from its current price of $1.59.Amount of Analyst CoverageAdagene has only been the subject of 1 research reports in the past 90 days. Previous Next 5.0 Short Interest Percentage of Shares Shorted0.02% of the float of Adagene has been sold short.Short Interest Ratio / Days to CoverAdagene has a short interest ratio ("days to cover") of 0.2, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Adagene has recently decreased by 10.87%, indicating that investor sentiment is improving significantly. Previous Next 0.0 Dividend Strength Dividend YieldAdagene does not currently pay a dividend.Dividend GrowthAdagene 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 ADAG. Previous Next 2.5 News and Social Media Coverage News SentimentAdagene has a news sentiment score of 0.55. 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 0.36 average news sentiment score of Medical companies.News Coverage This WeekMarketBeat has tracked 3 news articles for Adagene this week, compared to 0 articles on an average week.Search InterestOnly 1 people have searched for ADAG on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Adagene insiders have not sold or bought any company stock.Percentage Held by Insiders21.20% of the stock of Adagene is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by InstitutionsOnly 13.68% of the stock of Adagene is held by institutions. Previous Next 0.6 Earnings and Valuation Earnings GrowthEarnings for Adagene are expected to decrease in the coming year, from ($1.72) to ($2.07) per share.Price to Book Value per Share RatioAdagene has a P/B Ratio of 0.44. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Adagene (NASDAQ:ADAG) StockAdagene Inc., a clinical stage biopharmaceutical company, engages in the research, development, and production of monoclonal antibody drugs for cancers. The company's product candidates include ADG106, a human ligand-blocking agonistic anti-CD137 monoclonal antibodies (mAbs) that is in Phase 1b/2 clinical trials for the treatment advanced solid tumors and non-Hodgkin's lymphoma; ADG126, a fully-human anti-CTLA-4 mAb that is in Phase 1 clinical trial for the treatment advanced/metastatic solid tumors; and ADG116, a human ligand-blocking anti-CTLA-4 mAb, which is in Phase I clinical trial for the treatment of advanced metastatic solid tumors. It also offers ADG104, an anti-PD-L1 mAb that is in Phase 2 clinical development; ADG125, a novel anti-CSF-1R mAb, which is in Phase I clinical trial; ADG206, a masked, Fc engineered anti-CD137 agonistic POWERbody, which is in preclinical; ADG153, a masked anti-CD47 IgG1 SAFEbody, which is in preclinical stage for the treatment hematologic and solid tumors; ADG138, novel HER2xCD3 POWERbody, which is in preclinical for the treatment HER2-expressing solid tumors; and ADG152, a CD20xCD3 POWERbody, which is in preclinical stage for the treatment off-tumor toxicities. The company was incorporated in 2011 and is headquartered in Suzhou, China.Read More Receive ADAG Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Adagene and its competitors with MarketBeat's FREE daily newsletter. Email Address ADAG Stock News HeadlinesMarch 16, 2023 | markets.businessinsider.comH.C. Wainwright Keeps Their Buy Rating on Hookipa Pharma (HOOK)March 16, 2023 | americanbankingnews.comAdagene Inc. (NASDAQ:ADAG) Short Interest Down 10.9% in FebruaryMarch 20, 2023 | Legacy Research (Affiliate) (Ad)"Prepare for Five Years of Famine"Market Wizard who predicted all indexes would be negative in 2022 shares shocking new forecastMarch 14, 2023 | finance.yahoo.comAdagene Announces Poster Presentations on Anti-CTLA-4 SAFEbody®, ADG126, at Upcoming American Association for Cancer Research (AACR) Annual Meeting in AprilJanuary 9, 2023 | finance.yahoo.comAdagene Announces Interim Data Demonstrating Safety and Confirmed Clinical Responses of Anti-CTLA-4 SAFEbody® ADG126 up to 10 mg/kg with Repeat Cycles in Combination with Anti-PD-1 Therapy from Dose Escalation Portion of Phase 1b/2 TrialJanuary 5, 2023 | finance.yahoo.comAdagene to Present at the Biotech Showcase™ 2023 in San Francisco on January 9December 22, 2022 | markets.businessinsider.comAnalysts’ Opinions Are Mixed on These Healthcare Stocks: Teladoc (TDOC) and Adagene (ADAG)December 19, 2022 | benzinga.comAfter One-Off Cash Infusions, YZY Biopharma Looks for More Funds From IPOMarch 20, 2023 | Legacy Research (Affiliate) (Ad)"Prepare for Five Years of Famine"Market Wizard who predicted all indexes would be negative in 2022 shares shocking new forecastDecember 16, 2022 | seekingalpha.comAdagene adds 12% on clinical trial collaboration with RocheDecember 16, 2022 | finance.yahoo.comAdagene Announces Clinical Trial Collaboration to Evaluate Anti-CTLA-4 SAFEbody® ADG126 in Combination with Roche’s Standard-of-Care for First-Line Advanced Liver CancerNovember 21, 2022 | finance.yahoo.comAdagene Appoints Cuong Do to Board of Directors and Audit CommitteeNovember 14, 2022 | finance.yahoo.comDelveInsight Highlights Major Advances, Transformative Therapies and 180+ Leading Players Wheeling the PD-1 and PD-L1 Inhibitors Pipeline LandscapeNovember 10, 2022 | finance.yahoo.comAdagene Announces Clinical Data at SITC 2022 on Anti-CTLA-4 NEObody™, ADG116, Showing Differentiated Safety and Anti-tumor Activity in Heavily Pre-treated Patients with Difficult-to-Treat TumorsOctober 11, 2022 | finance.yahoo.comAdagene Announces Poster Presentations on Anti-CTLA-4 NEObody™, ADG116, at Upcoming Society for Immunotherapy of Cancer’s (SITC) Annual Meeting in NovemberSeptember 10, 2022 | finance.yahoo.comAdagene Presents Interim Monotherapy Data at ESMO 2022 Showing Compelling Safety, Anti-Tumor Activity and Pharmacokinetics of Masked, Anti-CTLA-4 SAFEbody® ADG126 in Patients with Advanced TumorsSeptember 1, 2022 | nz.finance.yahoo.comHealee Lands $2M to Grow Customizable Telehealth Solution in the U.S.August 30, 2022 | wsj.comJW (Cayman) Therapeutics Co. Ltd.August 30, 2022 | finance.yahoo.comAdagene Reports Financial Results for the Six Months Ended June 30, 2022 and Provides Corporate UpdatesAugust 26, 2022 | benzinga.comGlobal CD47 Inhibitor Drug Clinical Trial Report...August 25, 2022 | finance.yahoo.comAdagene Inc. (ADAG)July 1, 2022 | seekingalpha.comMicro-cap Adagene surges after hours on $10M share buybackJune 29, 2022 | marketwatch.comAdagene ADSs Rise 16% After Co. Announces Repurchase PlanJune 29, 2022 | finance.yahoo.comAdagene Announces Authorization of Share Repurchase Program up to US$10 MillionJune 26, 2022 | nasdaq.comChina’s Economy, Geopolitical Risk and Zero Covid PoliciesJune 23, 2022 | seekingalpha.comChina's Economy, Geopolitical Risk, And Zero Covid PoliciesMay 26, 2022 | finance.yahoo.comAdagene Announces Publication at ASCO of Interim Monotherapy Dose Escalation Data Showing Compelling Safety Profile of Anti-CTLA-4 SAFEbody® ADG126, with Repeat Dosing Across Dose LevelsSee More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart Receive ADAG Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Adagene and its competitors with MarketBeat's FREE daily newsletter. Email Address ADAG Company Calendar Today3/19/2023Next Earnings (Estimated)3/30/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry Pharmaceutical preparations Sub-IndustryN/A SectorMedical Current SymbolNASDAQ:ADAG CUSIPN/A CIK1818838 Webwww.adagene.com Phone86-512-8777-3632FaxN/AEmployees198Year FoundedN/APrice Target and Rating Average Stock Price Forecast$5.00 High Stock Price Forecast$5.00 Low Stock Price Forecast$5.00 Forecasted Upside/Downside+214.7%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage2 Analysts Profitability EPS (Most Recent Fiscal Year)N/A Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet IncomeN/A Net MarginsN/A Pretax MarginN/A Return on EquityN/A Return on AssetsN/A Debt Debt-to-Equity Ratio0.08 Current Ratio3.10 Quick RatioN/A Sales & Book Value Annual Sales$10.18 million Price / Sales6.75 Cash FlowN/A Price / Cash FlowN/A Book Value$3.58 per share Price / Book0.44Miscellaneous Outstanding Shares43,250,000Free Float34,083,000Market Cap$68.71 million OptionableNot Optionable Beta0.07 Key ExecutivesDr. Peter P. Luo Ph.D. (Age 56)Co-Founder, CEO & Chairman Mr. Man Kin Tam M.B.A. (Age 45)CFO & Director Dr. Fangyong Du Ph.D. (Age 52)Chief Technology Officer Dr. Jc Xu M.D. (Age 57)Ph.D., Chief Scientific Officer Ms. Ami Celeste KnoeflerVP of Investor Relations & Corp. CommunicationsMs. Ling ZhouHead of HRDr. Qinghai Zhao (Age 61)Chief Manufacturing Officer Ms. Yan Li M.B.A. (Age 47)Sr. VP of Bioinformatics & Information Technology Ms. Xiaohong She (Age 55)Sr. VP & Head of Clinical Operations Dr. Guizhong Liu Ph.D. (Age 51)Head of Biology & Pharmacology More ExecutivesKey CompetitorsPyxis OncologyNASDAQ:PYXSSeelos TherapeuticsNASDAQ:SEELEnlivex TherapeuticsNASDAQ:ENLVImmunicNASDAQ:IMUXWerewolf TherapeuticsNASDAQ:HOWLView All CompetitorsInstitutional OwnershipRenaissance Technologies LLCSold 21,200 shares on 2/13/2023Ownership: 0.172%Strategic Vision Investment LtdSold 386,036 shares on 2/7/2023Ownership: 0.835%View All Institutional Transactions ADAG Stock - Frequently Asked Questions Should I buy or sell Adagene stock right now? 2 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Adagene in the last twelve months. There are currently 2 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" ADAG shares. View ADAG analyst ratings or view top-rated stocks. What is Adagene's stock price forecast for 2023? 2 brokers have issued 1 year price objectives for Adagene's stock. Their ADAG share price forecasts range from $5.00 to $5.00. On average, they expect the company's share price to reach $5.00 in the next twelve months. This suggests a possible upside of 214.7% from the stock's current price. View analysts price targets for ADAG or view top-rated stocks among Wall Street analysts. How have ADAG shares performed in 2023? Adagene's stock was trading at $1.3250 at the start of the year. Since then, ADAG stock has increased by 19.9% and is now trading at $1.5887. View the best growth stocks for 2023 here. Are investors shorting Adagene? Adagene saw a decline in short interest during the month of February. As of February 28th, there was short interest totaling 8,200 shares, a decline of 10.9% from the February 13th total of 9,200 shares. Based on an average trading volume of 42,500 shares, the days-to-cover ratio is presently 0.2 days. Approximately 0.0% of the shares of the stock are short sold. View Adagene's Short Interest. When is Adagene's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, March 30th 2023. View our ADAG earnings forecast. When did Adagene IPO? (ADAG) raised $133 million in an IPO on Tuesday, February 9th 2021. The company issued 7,400,000 shares at a price of $17.00-$19.00 per share. Goldman Sachs (Asia), Morgan Stanley and Jefferies acted as the underwriters for the IPO and China Renaissance was co-manager. What is Adagene's stock symbol? Adagene trades on the NASDAQ under the ticker symbol "ADAG." Who are Adagene's major shareholders? Adagene's stock is owned by many different retail and institutional investors. Top institutional investors include Strategic Vision Investment Ltd (0.84%) and Renaissance Technologies LLC (0.17%). How do I buy shares of Adagene? Shares of ADAG stock 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 Adagene's stock price today? One share of ADAG stock can currently be purchased for approximately $1.59. How much money does Adagene make? Adagene (NASDAQ:ADAG) has a market capitalization of $68.71 million and generates $10.18 million in revenue each year. How many employees does Adagene have? The company employs 198 workers across the globe. How can I contact Adagene? Adagene's mailing address is 4F BUILDING C14 NO. 218 XINGHU STREET SUZHOU INDUSTRIAL PARK, JIANGSU F4, 215123. The official website for the company is www.adagene.com. The company can be reached via phone at 86-512-8777-3632 or via email at ir@adagene.com. This page (NASDAQ:ADAG) was last updated on 3/20/2023 by MarketBeat.com Staff Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. 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