AbCellera Biologics Inc. (ABCL)

NASDAQ: ABCL · Real-Time Price · USD
2.970
+0.030 (1.02%)
At close: Jan 17, 2025, 4:00 PM
2.980
+0.010 (0.34%)
After-hours: Jan 17, 2025, 4:49 PM EST
1.02%
Market Cap 877.24M
Revenue (ttm) 32.96M
Net Income (ttm) -175.80M
Shares Out 295.37M
EPS (ttm) -0.61
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 1,563,554
Open 2.950
Previous Close 2.940
Day's Range 2.920 - 2.999
52-Week Range 2.335 - 5.620
Beta 0.40
Analysts Buy
Price Target 8.00 (+169.36%)
Earnings Date Feb 18, 2025

About ABCL

AbCellera Biologics Inc. builds an engine for antibody drug discovery and development. Its engine discovers antibodies from natural immune responses, which are pre-enriched for antibodies. The company’s preclinical products are ABCL635 for metabolic and endocrine conditions; and ABCL575 for atopic dermatitis. It has a research collaboration and license agreement with Eli Lilly and Company; a research collaboration with Confo Therapeutics for the discovery of therapeutic antibody candidates targeting two undisclosed GPCR targets; and strategic c... [Read more]

Industry Biotechnology
Sector Healthcare
IPO Date Dec 11, 2020
Employees 586
Stock Exchange NASDAQ
Ticker Symbol ABCL
Full Company Profile

Financial Performance

Financial Statements

Analyst Forecast

According to 3 analysts, the average rating for ABCL stock is "Buy." The 12-month stock price forecast is $8.0, which is an increase of 169.36% from the latest price.

Price Target
$8.0
(169.36% upside)
Analyst Consensus: Buy
Stock Forecasts

News

AbCellera Expands Collaboration with AbbVie to Develop Novel T-Cell Engagers for Oncology

VANCOUVER, British Columbia--(BUSINESS WIRE)---- $ABCL--AbCellera Expands Collaboration with AbbVie to Develop Novel T-Cell Engagers for Oncology.

7 days ago - Business Wire

AbCellera Biologics: Still A Concept Stock

Today, we revisit a somewhat unique developmental company called AbCellera Biologics Inc. The company is moving towards focusing more on its wholly owned candidates off its platform rather than partne...

4 weeks ago - Seeking Alpha

AbCellera to Present at Upcoming Investor Conferences in December and January

VANCOUVER, British Columbia--(BUSINESS WIRE)---- $ABCL--AbCellera to Present at Upcoming Investor Conferences in December and January.

2 months ago - Business Wire

AbCellera Presents Data on Applications of T-Cell Engager Platform at SITC 2024

VANCOUVER, British Columbia--(BUSINESS WIRE)---- $ABCL--AbCellera Presents Data on Applications of T-Cell Engager Platform at SITC 2024.

2 months ago - Business Wire

AbCellera Biologics Inc. (ABCL) Q3 2024 Earnings Call Transcript

AbCellera Biologics Inc. (NASDAQ:ABCL) Q3 2024 Earnings Conference Call November 4, 2024 5:00 PM ET Company Participants Tryn Stimart - Chief Legal and Compliance Officer Carl Hansen - Chief Executiv...

2 months ago - Seeking Alpha

AbCellera Reports Q3 2024 Business Results

VANCOUVER, British Columbia--(BUSINESS WIRE)---- $ABCL--AbCellera Reports Q3 2024 Business Results.

2 months ago - Business Wire

AbCellera to Present at Upcoming Investor Conferences in November 2024

VANCOUVER, British Columbia--(BUSINESS WIRE)---- $ABCL--AbCellera to Present at Upcoming Investor Conferences in November 2024.

3 months ago - Business Wire

AbCellera: A Platform To Pipeline Transition

AbCellera is shifting its focus from a platform biotech company to its internal drug pipeline. The company's lead asset, ABCL575, comes with a variety of risks, but in our opinion, has a value of a li...

3 months ago - Seeking Alpha

AbCellera Announces Presentation on T-cell Engager Platform at the Society for Immunotherapy of Cancer (SITC) Annual Meeting 2024

VANCOUVER, British Columbia--(BUSINESS WIRE)---- $ABCL--AbCellera Announces Presentation on T-cell Engager Platform at the Society for Immunotherapy of Cancer (SITC) Annual Meeting 2024.

3 months ago - Business Wire

AbCellera to Report Third Quarter 2024 Financial Results on November 4, 2024

VANCOUVER, British Columbia--(BUSINESS WIRE)---- $ABCL--AbCellera to Report Third Quarter 2024 Financial Results on November 4, 2024.

4 months ago - Business Wire

AbCellera to Present at Upcoming Investor Conferences in September

VANCOUVER, British Columbia--(BUSINESS WIRE)---- $ABCL--AbCellera to Present at Upcoming Investor Conferences in September.

5 months ago - Business Wire

AbCellera: A Waiting Game With High Uncertainty

AbCellera's Q2 2024 revenue declined by 27% year-over-year to $7.3 million. The company's net loss widened to $36.9 million due to increased R&D expenses. AbCellera's cash and marketable securities to...

5 months ago - Seeking Alpha

This Globant Analyst Is No Longer Bullish; Here Are Top 5 Downgrades For Tuesday

Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our analyst ratings page.

Other symbols: GLOBAVDXLRNPGRU
5 months ago - Benzinga

AbCellera Reports Q2 2024 Business Results

VANCOUVER, British Columbia--(BUSINESS WIRE)---- $ABCL--AbCellera Reports Q2 2024 Business Results.

5 months ago - Business Wire

AbCellera and Lilly Expand Collaboration to Develop Antibody Medicines

VANCOUVER, British Columbia--(BUSINESS WIRE)---- $ABCL--AbCellera and Lilly Expand Collaboration to Develop Antibody Medicines.

6 months ago - Business Wire

AbCellera to Report Second Quarter 2024 Financial Results on August 6, 2024

VANCOUVER, British Columbia--(BUSINESS WIRE)---- $ABCL--AbCellera to Report Second Quarter 2024 Financial Results on August 6, 2024.

7 months ago - Business Wire

AbCellera to Present at the Goldman Sachs 45th Annual Global Healthcare Conference on June 10, 2024

VANCOUVER, British Columbia--(BUSINESS WIRE)---- $ABCL--AbCellera to Present at the Goldman Sachs 45th Annual Global Healthcare Conference on June 10, 2024.

8 months ago - Business Wire

AbCellera Biologics Inc. (ABCL) Q1 2024 Earnings Call Transcript

AbCellera Biologics Inc. (NASDAQ:ABCL) Q1 2024 Earnings Conference Call May 7, 2024 5:00 PM ET Company Participants Tryn Stimart - Chief Legal & Compliance Officer Carl Hansen - President, Chief Exec...

9 months ago - Seeking Alpha

AbCellera Reports Q1 2024 Business Results

VANCOUVER, British Columbia--(BUSINESS WIRE)---- $ABCL--AbCellera Reports Q1 2024 Business Results.

9 months ago - Business Wire

AbCellera, Viking Global Investors, and ArrowMark Partners Collaborate to Launch New Biotech Companies

VANCOUVER, British Columbia--(BUSINESS WIRE)---- $ABCL--AbCellera, Viking Global Investors, and ArrowMark Partners Collaborate to Launch New Biotech Companies.

9 months ago - Business Wire

AbCellera Presents Data on T-Cell Engagers Against Four Tumor Targets at AACR 2024

VANCOUVER, British Columbia--(BUSINESS WIRE)---- $ABCL--AbCellera Presents Data on T-Cell Engagers Against Four Tumor Targets at AACR 2024.

10 months ago - Business Wire

AbCellera to Report First Quarter 2024 Financial Results on May 7, 2024

VANCOUVER, British Columbia--(BUSINESS WIRE)---- $ABCL--AbCellera (Nasdaq: ABCL) will announce its first quarter 2024 financial results on Tuesday, May 7, 2024, and hold an earnings conference call at...

10 months ago - Business Wire

AbCellera to Present at the Bloom Burton Healthcare Conference on April 16, 2024

VANCOUVER, British Columbia--(BUSINESS WIRE)---- $ABCL--AbCellera (Nasdaq: ABCL) today announced that executives from the Company will present at the Bloom Burton Healthcare Conference on Tuesday, Apr...

10 months ago - Business Wire

AbCellera to Collaborate with Biogen to Discover Therapeutic Antibodies for Neurological Conditions

VANCOUVER, British Columbia--(BUSINESS WIRE)---- $ABCL--AbCellera (Nasdaq: ABCL) and Biogen Inc. (Nasdaq: BIIB) have entered into a strategic collaboration to discover antibodies for a novel target th...

Other symbols: BIIB
11 months ago - Business Wire

AbCellera Announces Four Presentations on T-Cell Engagers at AACR 2024

VANCOUVER, British Columbia--(BUSINESS WIRE)---- $ABCL--AbCellera (Nasdaq: ABCL) today announced that its scientists will present four posters with data from its T-cell engager programs and platform a...

11 months ago - Business Wire