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NASDAQ:ADPT

Adaptive Biotechnologies (ADPT) Stock Price, News & Analysis

$4.51
+0.18 (+4.16%)
(As of 07/26/2024 ET)
Today's Range
$4.35
$4.75
50-Day Range
$3.08
$4.45
52-Week Range
$2.28
$8.51
Volume
1.36 million shs
Average Volume
1.55 million shs
Market Capitalization
$664.64 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$6.80

Adaptive Biotechnologies MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.67 Rating Score
Upside/​Downside
50.8% Upside
$6.80 Price Target
Short Interest
Bearish
8.08% of Shares Sold Short
Dividend Strength
N/A
Sustainability
-0.79
Upright™ Environmental Score
News Sentiment
0.72mentions of Adaptive Biotechnologies in the last 14 days
Based on 4 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
Growing
From ($1.29) to ($1.02) Per Share

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.

4.13 out of 5 stars

Medical Sector

206th out of 936 stocks

Biological Products, Except Diagnostic Industry

26th out of 154 stocks

ADPT stock logo

About Adaptive Biotechnologies Stock (NASDAQ:ADPT)

Adaptive Biotechnologies Corporation, a commercial-stage company, develops an immune medicine platform for the diagnosis and treatment of various diseases. The company offers immunosequencing platform which combines a suite of proprietary chemistry, computational biology, and machine learning to generate clinical immunomics data to decode the adaptive immune system. It also provides clonoSEQ diagnostic test which detects and monitors the remaining number of cancer cells that are present in a patient's body during and after treatment, known as Minimal Residual Disease (MRD). The company offers products and services for life sciences research, clinical diagnostics, and drug discovery applications. Adaptive Biotechnologies Corporation has strategic collaborations with Genentech, Inc. for the development, manufacture, and commercialization of neoantigen directed T cell therapies for the treatment of a range of cancers; and Microsoft Corporation to develop diagnostic tests for the early detection of various diseases from a single blood test. The company was formerly known as Adaptive TCR Corporation and changed its name to Adaptive Biotechnologies Corporation in December 2011. Adaptive Biotechnologies Corporation was incorporated in 2009 and is headquartered in Seattle, Washington.

ADPT Stock Price History

ADPT Stock News Headlines

Fidus Awarded AMD Adaptive Compute Partner of the Year
“Generational Bull Run” Incoming
LIVE Cash Flow Workshop Event / Hosted Virtually Weds @ 7PM EST Everyone who attends will also receive 3 special FREE Gifts during the event.
Adaptive Biotechnologies (ADPT) Set to Announce Earnings on Thursday
3 Precision Medicine Stocks Tailoring Treatments
“Generational Bull Run” Incoming
LIVE Cash Flow Workshop Event / Hosted Virtually Weds @ 7PM EST Everyone who attends will also receive 3 special FREE Gifts during the event.
Adaptive Biotechnologies Corporation (ADPT)
See More Headlines
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Company Calendar

Last Earnings
5/07/2024
Today
7/26/2024
Next Earnings (Confirmed)
8/01/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Medical
Industry
Biological products, except diagnostic
Sub-Industry
N/A
Current Symbol
NASDAQ:ADPT
Employees
709
Year Founded
2009

Price Target and Rating

Average Stock Price Target
$6.80
High Stock Price Target
$10.00
Low Stock Price Target
$5.00
Potential Upside/Downside
+50.8%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.67
Research Coverage
6 Analysts

Profitability

Net Income
$-225,250,000.00
Net Margins
-123.24%
Pretax Margin
-123.29%

Debt

Sales & Book Value

Annual Sales
$170.28 million
Book Value
$2.13 per share

Miscellaneous

Free Float
138,231,000
Market Cap
$664.64 million
Optionable
Optionable
Beta
1.35

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ADPT Stock Analysis - Frequently Asked Questions

How have ADPT shares performed this year?

Adaptive Biotechnologies' stock was trading at $4.90 on January 1st, 2024. Since then, ADPT stock has decreased by 8.0% and is now trading at $4.51.
View the best growth stocks for 2024 here
.

How were Adaptive Biotechnologies' earnings last quarter?

Adaptive Biotechnologies Co. (NASDAQ:ADPT) posted its quarterly earnings data on Tuesday, May, 7th. The company reported ($0.33) EPS for the quarter, beating the consensus estimate of ($0.35) by $0.02. The company's revenue was up 11.2% compared to the same quarter last year.

What is Chad Robins' approval rating as Adaptive Biotechnologies' CEO?

51 employees have rated Adaptive Biotechnologies Chief Executive Officer Chad Robins on Glassdoor.com. Chad Robins has an approval rating of 92% among the company's employees. This puts Chad Robins in the top 30% of approval ratings compared to other CEOs of publicly-traded companies.

When did Adaptive Biotechnologies IPO?

Adaptive Biotechnologies (ADPT) raised $200 million in an initial public offering on Thursday, June 27th 2019. The company issued 12,500,000 shares at $15.00-$17.00 per share. Goldman Sachs, J.P. Morgan and BofA Merrill Lynch acted as the underwriters for the IPO and Cowen, Guggenheim Securities, William Blair and BTIG were co-managers.

Who are Adaptive Biotechnologies' major shareholders?

Top institutional investors of Adaptive Biotechnologies include ARK Investment Management LLC (7.74%), Sumitomo Mitsui Trust Holdings Inc. (4.68%), Bank of New York Mellon Corp (0.31%) and Legato Capital Management LLC (0.14%). Insiders that own company stock include Chad M Robins, Tycho Peterson, Julie Rubinstein, Nitin Sood, R Mark Adams, Stacy L Taylor, Kyle Piskel, Michelle Renee Griffin, Lance Baldo, Harlan S Robins and Chad M Cohen.
View institutional ownership trends
.

How do I buy shares of Adaptive Biotechnologies?

Shares of ADPT 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.

What other stocks do shareholders of Adaptive Biotechnologies own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Adaptive Biotechnologies investors own include NVIDIA (NVDA), Alibaba Group (BABA), QUALCOMM (QCOM), Johnson & Johnson (JNJ), Advanced Micro Devices (AMD), CrowdStrike (CRWD) and Home Depot (HD).

This page (NASDAQ:ADPT) was last updated on 7/26/2024 by MarketBeat.com Staff

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