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Absci (ABSI) Stock Forecast & Price Target

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$2.83 +0.27 (+10.55%)
(As of 11/25/2024 ET)

Absci - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Sell
0
Hold
0
Buy
6

Based on 6 Wall Street analysts who have issued ratings for Absci in the last 12 months, the stock has a consensus rating of "Buy." Out of the 6 analysts, 6 have given a buy rating for ABSI.

Consensus Price Target

$8.67
206.24% Upside
According to the 6 analysts' twelve-month price targets for Absci, the average price target is $8.67. The highest price target for ABSI is $13.00, while the lowest price target for ABSI is $6.00. The average price target represents a forecasted upside of 206.24% from the current price of $2.83.
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ABSI Analyst Ratings Over Time

TypeCurrent Forecast
11/27/23 to 11/26/24
1 Month Ago
10/28/23 to 10/27/24
3 Months Ago
8/29/23 to 8/28/24
1 Year Ago
11/27/22 to 11/27/23
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
6 Buy rating(s)
6 Buy rating(s)
5 Buy rating(s)
2 Buy rating(s)
Hold
0 Hold rating(s)
0 Hold rating(s)
0 Hold rating(s)
0 Hold rating(s)
Sell
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
Consensus Price Target$8.67$8.67$8.40$7.00
Forecasted Upside206.24% Upside112.94% Upside91.34% Upside403.60% Upside
Consensus Rating
Buy
Buy
Buy
Buy

ABSI Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
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ABSI Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
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Absci Stock vs. The Competition

TypeAbsciMedical CompaniesS&P 500
Consensus Rating Score
3.00
2.80
2.50
Consensus RatingBuyModerate BuyModerate Buy
Predicted Upside206.24% Upside17,640.62% Upside6.38% Upside
News Sentiment Rating
Neutral News

See Recent ABSI News
Positive News
Positive News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
11/13/2024HC Wainwright
2 of 5 stars
 Reiterated RatingBuy ➝ Buy$7.00 ➝ $7.00+97.74%
10/2/2024Guggenheim
2 of 5 stars
V. Divan
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Initiated CoverageBuy$10.00+176.24%
7/11/2024KeyCorp
3 of 5 stars
 Lower TargetOverweight ➝ Overweight$8.00 ➝ $6.00+66.20%
7/3/2024Morgan Stanley
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 Initiated CoverageOverweight$7.00+135.69%
3/26/2024Truist Financial
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 Reiterated RatingBuy ➝ Buy$9.00+77.51%
3/25/2024Scotiabank
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 Reiterated RatingOutperform$13.00+160.00%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Tuesday at 04:38 AM ET.


ABSI Forecast - Frequently Asked Questions

According to the research reports of 6 Wall Street equities research analysts, the average twelve-month stock price forecast for Absci is $8.67, with a high forecast of $13.00 and a low forecast of $6.00.

6 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Absci in the last twelve months. There are currently 6 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" ABSI shares.

According to analysts, Absci's stock has a predicted upside of 206.24% based on their 12-month stock forecasts.

Absci has been rated by research analysts at Guggenheim, and HC Wainwright in the past 90 days.

Analysts like Absci more than other "medical" companies. The consensus rating for Absci is Buy while the average consensus rating for "medical" companies is Moderate Buy. Learn more on how ABSI compares to other companies.


This page (NASDAQ:ABSI) was last updated on 11/26/2024 by MarketBeat.com Staff
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