The company's fundamentals are relatively stable. Its valuation is considered fairly valued,and institutional recognition is very high. Over the past 30 days, multiple analysts have rated the company as a Buy. The company is performing well in the stock market, with strong fundamentals and technicals supporting the current trend. The stock price is trading sideways between the support and resistance levels, making it suitable for range-bound swing trading.
Adaptive Biotechnologies Corp's Score
Industry at a Glance
Industry Ranking
20 / 406
Overall Ranking
77 / 4593
Industry
Biotechnology & Medical Research
Support & Resistance
Relevant data have not been disclosed by the company yet.
Score Analysis
Current score
Previous score
Analyst Rating
Based on
8
analysts
Buy
Current Rating
19.571
Target Price
+19.92%
Upside Space
Data disclaimer: Analyst ratings and target prices are provided by LSEG for informational purposes only and do not constitute investment advice.
Adaptive Biotechnologies Corp Highlights
StrengthsRisks
Adaptive Biotechnologies Corporation is a commercial-stage biotechnology company. The Company is focused on harnessing the inherent biology of the adaptive immune system to transform the diagnosis and treatment of disease. Its immune medicine platform applies its proprietary technologies to read the diverse genetic code of a patient’s immune system and understand precisely how the immune system detects and treats disease in that patient. It has business around two main areas: clinical assessment of minimal residual disease (MRD) in lymphoid malignancies and immune medicine (IM)-driven drug discovery and development. The MRD business focuses on the use of its highly sensitive, next-generation sequencing (NGS) assay to measure MRD in patients with hematologic malignancies. It comprises its clonoSEQ clinical diagnostic test, offered to clinicians, and its clonoSEQ assay, offered to biopharmaceutical partners, to advance drug development efforts (MRD Pharma).
Undervalued
The company’s latest PE is -35.01, at a low 3-year percentile range.
Institutional Selling
The latest institutional holdings are 149.78M shares, decreasing 6.33% quarter-over-quarter.
Adaptive Biotechnologies Corporation is a commercial-stage biotechnology company. The Company is focused on harnessing the inherent biology of the adaptive immune system to transform the diagnosis and treatment of disease. Its immune medicine platform applies its proprietary technologies to read the diverse genetic code of a patient’s immune system and understand precisely how the immune system detects and treats disease in that patient. It has business around two main areas: clinical assessment of minimal residual disease (MRD) in lymphoid malignancies and immune medicine (IM)-driven drug discovery and development. The MRD business focuses on the use of its highly sensitive, next-generation sequencing (NGS) assay to measure MRD in patients with hematologic malignancies. It comprises its clonoSEQ clinical diagnostic test, offered to clinicians, and its clonoSEQ assay, offered to biopharmaceutical partners, to advance drug development efforts (MRD Pharma).
Ticker SymbolADPT
CompanyAdaptive Biotechnologies Corp
CEOMr. Chad M. Robins
Websitehttps://www.adaptivebiotech.com
FAQs
What is the current price of Adaptive Biotechnologies Corp (ADPT)?
The current price of Adaptive Biotechnologies Corp (ADPT) is 18.610.
What is the symbol of Adaptive Biotechnologies Corp?
The ticker symbol of Adaptive Biotechnologies Corp is ADPT.
What is the 52-week high of Adaptive Biotechnologies Corp?
The 52-week high of Adaptive Biotechnologies Corp is 17.886.
What is the 52-week low of Adaptive Biotechnologies Corp?
The 52-week low of Adaptive Biotechnologies Corp is 4.270.
What is the market capitalization of Adaptive Biotechnologies Corp?
The market capitalization of Adaptive Biotechnologies Corp is 2.84B.
What is the net income of Adaptive Biotechnologies Corp?
The net income of Adaptive Biotechnologies Corp is -159.49M.
Is Adaptive Biotechnologies Corp (ADPT) currently rated as Buy, Hold, or Sell?
According to analysts, Adaptive Biotechnologies Corp (ADPT) has an overall rating of Buy, with a price target of 19.571.
What is the Earnings Per Share (EPS TTM) of Adaptive Biotechnologies Corp (ADPT)?
The Earnings Per Share (EPS TTM) of Adaptive Biotechnologies Corp (ADPT) is -0.532.