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NASDAQ:ABSI

Absci (ABSI) Stock Price, News & Analysis

Absci logo
$3.37 +0.11 (+3.37%)
As of 01/6/2025 04:00 PM Eastern

About Absci Stock (NASDAQ:ABSI)

Key Stats

Today's Range
$3.24
$3.64
50-Day Range
$2.55
$4.38
52-Week Range
$2.45
$6.72
Volume
2.98 million shs
Average Volume
2.80 million shs
Market Capitalization
$387.06 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$8.67
Consensus Rating
Buy

Company Overview

Absci Corporation operates as a data-first generative artificial intelligence (AI) drug creation company in the United States. The company combines AI with scalable wet lab technologies to create biologics for patients. Its integrated drug creation platform is designed to improve upon traditional biologic drug discovery by using AI to simultaneously optimize multiple drug characteristics that may be important to development and therapeutic benefit. The company was founded in 2011 and is headquartered in Vancouver, Washington.

Absci Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
43rd Percentile Overall Score

ABSI MarketRank™: 

Absci scored higher than 43% of companies evaluated by MarketBeat, and ranked 681st out of 949 stocks in the medical sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Absci has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 6 buy ratings, no hold ratings, and no sell ratings.

  • Amount of Analyst Coverage

    Absci has only been the subject of 2 research reports in the past 90 days.

  • Read more about Absci's stock forecast and price target.
  • Earnings Growth

    Earnings for Absci are expected to grow in the coming year, from ($0.90) to ($0.73) per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Absci is -3.62, 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. Sector

    The P/E ratio of Absci is -3.62, 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 Ratio

    Absci has a P/B Ratio of 1.77. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

  • Percentage of Shares Shorted

    15.19% of the float of Absci has been sold short.
  • Short Interest Ratio / Days to Cover

    Absci has a short interest ratio ("days to cover") of 9.4.
  • Change versus previous month

    Short interest in Absci has recently increased by 11.45%, indicating that investor sentiment is decreasing significantly.
  • Dividend Yield

    Absci does not currently pay a dividend.

  • Dividend Growth

    Absci does not have a long track record of dividend growth.

  • Percentage of Shares Shorted

    15.19% of the float of Absci has been sold short.
  • Short Interest Ratio / Days to Cover

    Absci has a short interest ratio ("days to cover") of 9.4.
  • Change versus previous month

    Short interest in Absci has recently increased by 11.45%, indicating that investor sentiment is decreasing significantly.
  • News Sentiment

    Absci has a news sentiment score of 1.04. 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 0.84 average news sentiment score of Medical companies.
  • News Coverage This Week

    MarketBeat has tracked 8 news articles for Absci this week, compared to 2 articles on an average week.
  • Search Interest

    Only 9 people have searched for ABSI on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.
  • MarketBeat Follows

    10 people have added Absci to their MarketBeat watchlist in the last 30 days. This is an increase of 400% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, Absci insiders have not sold or bought any company stock.

  • Percentage Held by Insiders

    Only 9.81% of the stock of Absci is held by insiders.

  • Percentage Held by Institutions

    52.05% of the stock of Absci is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about Absci's insider trading history.
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ABSI Stock News Headlines

Absci, Invetx partner to bring AI drug creation platform to animal health
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TD Cowen Sticks to Its Buy Rating for AbSci (ABSI)
AbSci’s Promising Pipeline and Strategic Execution Drive Buy Rating
See More Headlines

ABSI Stock Analysis - Frequently Asked Questions

Absci's stock was trading at $2.62 at the beginning of the year. Since then, ABSI stock has increased by 28.6% and is now trading at $3.37.
View the best growth stocks for 2025 here
.

Absci Co. (NASDAQ:ABSI) posted its quarterly earnings data on Tuesday, November, 12th. The company reported ($0.24) EPS for the quarter, missing the consensus estimate of ($0.19) by $0.05. The firm earned $1.70 million during the quarter, compared to analyst estimates of $1.77 million. Absci had a negative trailing twelve-month return on equity of 46.56% and a negative net margin of 2,321.56%.

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

Shares of ABSI 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.

Based on aggregate information from My MarketBeat watchlists, some other companies that Absci investors own include Invesco QQQ (QQQ), NVIDIA (NVDA), Broadcom (AVGO), Meta Platforms (META), Advanced Micro Devices (AMD), Arista Networks (ANET) and CrowdStrike (CRWD).

Company Calendar

Last Earnings
11/12/2024
Today
1/07/2025
Fiscal Year End
12/31/2025

Industry, Sector and Symbol

Sector
Medical
Industry
Commercial physical research
Sub-Industry
Business Services
Current Symbol
NASDAQ:ABSI
Fax
N/A
Employees
210
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$8.67
High Stock Price Target
$13.00
Low Stock Price Target
$6.00
Potential Upside/Downside
+157.2%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
6 Analysts

Profitability

Net Income
$-110,570,000.00
Net Margins
-2,321.56%
Pretax Margin
-2,319.25%

Debt

Sales & Book Value

Annual Sales
$4.21 million
Book Value
$1.90 per share

Miscellaneous

Free Float
103,589,000
Market Cap
$387.06 million
Optionable
Optionable
Beta
2.04
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This page (NASDAQ:ABSI) was last updated on 1/7/2025 by MarketBeat.com Staff
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