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NASDAQ:ADPT

Adaptive Biotechnologies (ADPT) Stock Price, News & Analysis

$3.60
+0.06 (+1.69%)
(As of 10:51 AM ET)
Today's Range
$3.56
$3.65
50-Day Range
$2.62
$3.96
52-Week Range
$2.28
$8.51
Volume
78,669 shs
Average Volume
1.57 million shs
Market Capitalization
$530.53 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
92.1% Upside
$6.80 Price Target
Short Interest
Bearish
8.86% of Shares Sold Short
Dividend Strength
N/A
Sustainability
-0.79
Upright™ Environmental Score
News Sentiment
0.53mentions of Adaptive Biotechnologies in the last 14 days
Based on 2 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.

3.59 out of 5 stars

Medical Sector

231st out of 879 stocks

Biological Products, Except Diagnostic Industry

29th out of 150 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

NYSE biotech company's drug could be as revolutionary as penicillin!
NV-387 could be a single drug to treat all of the "tripledemic" viruses and more! See how NV-387 could be highly valuable for preparedness against novel viral epidemics and pandemics all while building shareholder value for this growing biotech company
NYSE biotech company's drug could be as revolutionary as penicillin!
NV-387 could be a single drug to treat all of the "tripledemic" viruses and more! See how NV-387 could be highly valuable for preparedness against novel viral epidemics and pandemics all while building shareholder value for this growing biotech company
Adaptive Biotechnologies Corporation (ADPT)
See More Headlines
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Company Calendar

Last Earnings
5/07/2024
Today
7/07/2024
Next Earnings (Estimated)
8/07/2024
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
+92.1%
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
$521.69 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 at the beginning of the year. Since then, ADPT stock has decreased by 27.8% and is now trading at $3.54.
View the best growth stocks for 2024 here
.

How were Adaptive Biotechnologies' earnings last quarter?

Adaptive Biotechnologies Co. (NASDAQ:ADPT) issued its quarterly earnings data on Tuesday, May, 7th. The company reported ($0.33) earnings per share for the quarter, topping analysts' consensus estimates of ($0.35) by $0.02. The firm's revenue for the quarter was up 11.2% on a year-over-year basis.

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 (IPO) on Thursday, June 27th 2019. The company issued 12,500,000 shares at a price of $15.00-$17.00 per share. Goldman Sachs, J.P. Morgan and BofA Merrill Lynch served as the underwriters for the IPO and Cowen, Guggenheim Securities, William Blair and BTIG were co-managers.

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 7/8/2024 by MarketBeat.com Staff

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