Absci Corporation (ABSI)

NASDAQ: ABSI · Real-Time Price · USD
2.300
-0.180 (-7.26%)
Apr 3, 2025, 10:17 AM EDT - Market open
-7.26%
Market Cap 292.87M
Revenue (ttm) 4.53M
Net Income (ttm) -103.11M
Shares Out 127.33M
EPS (ttm) -0.94
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 666,287
Open 2.285
Previous Close 2.480
Day's Range 2.275 - 2.359
52-Week Range 2.275 - 6.720
Beta 2.24
Analysts Strong Buy
Price Target 7.60 (+230.44%)
Earnings Date May 13, 2025

About ABSI

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 design differentiated antibody therapeutics. Its integrated drug creation platform comprises AI models aimed at designing better antibody therapeutics, including against hard-to-drug targets, as well as improve upon traditional biologic drug discovery by using AI to simultaneously optimize multiple drug characteristics that may be important to development and... [Read more]

Industry Biotechnology
Sector Healthcare
IPO Date Jul 22, 2021
Employees 157
Stock Exchange NASDAQ
Ticker Symbol ABSI
Full Company Profile

Financial Performance

In 2024, Absci's revenue was $4.53 million, a decrease of -20.71% compared to the previous year's $5.72 million. Losses were -$103.11 million, -6.75% less than in 2023.

Financial Statements

Analyst Forecast

According to 5 analysts, the average rating for ABSI stock is "Strong Buy." The 12-month stock price forecast is $7.6, which is an increase of 230.44% from the latest price.

Price Target
$7.6
(230.44% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Absci to Participate in Upcoming Investor Conferences

VANCOUVER, Wash. and NEW YORK, March 26, 2025 (GLOBE NEWSWIRE) -- Absci Corporation (Nasdaq: ABSI), a data-first generative AI drug creation company, today announced the company will be participating ...

8 days ago - GlobeNewsWire

Absci Posts Downbeat Results, Joins HealthEquity, Tonix Pharmaceuticals And Other Big Stocks Moving Lower In Wednesday's Pre-Market Session

U.S. stock futures were higher this morning, with the Dow futures gaining around 0.2% on Wednesday.

Other symbols: HQYTNXP
15 days ago - Benzinga

Absci Corporation (ABSI) Q4 2024 Earnings Call Transcript

Absci Corporation (NASDAQ:ABSI) Q4 2024 Earnings Conference Call March 18, 2025 4:30 PM ET Company Participants Alex Khan - VP of Finance and IR Sean McClain - Founder and CEO Zach Jonasson - CFO and...

15 days ago - Seeking Alpha

Absci Reports Business Updates and Fourth Quarter and Full Year 2024 Financial and Operating Results

Unveiled updates across proprietary pipeline and demonstrated new breakthroughs by AI platform at 2024 R&D Day Entered into collaboration with AMD, including $20 million strategic investment in Absci ...

15 days ago - GlobeNewsWire

Absci to Report Business Updates and Fourth Quarter and Full Year 2024 Financial and Operating Results on March 18, 2025

VANCOUVER, Wash. and NEW YORK, March 04, 2025 (GLOBE NEWSWIRE) -- Absci Corporation (Nasdaq: ABSI), a data-first generative AI drug creation company, today announced the company will report business u...

4 weeks ago - GlobeNewsWire

Absci Announces Inducement Grant Under Nasdaq Listing Rule 5635(c)(4)

VANCOUVER, Wash. and NEW YORK, March 04, 2025 (GLOBE NEWSWIRE) -- Absci Corporation (Nasdaq: ABSI), a data-first generative AI drug creation company, today announced that on March 3, 2025, the company...

4 weeks ago - GlobeNewsWire

Absci to Participate in the KeyBanc Capital Markets Healthcare Forum

VANCOUVER, Wash. and NEW YORK, March 04, 2025 (GLOBE NEWSWIRE) -- Absci Corporation (Nasdaq: ABSI), a data-first generative AI drug creation company, today announced the company will be participating ...

4 weeks ago - GlobeNewsWire

Absci to Participate in the TD Cowen 45th Annual Health Care Conference

VANCOUVER, Wash. and NEW YORK, Feb. 18, 2025 (GLOBE NEWSWIRE) -- Absci Corporation (Nasdaq: ABSI), a data-first generative AI drug creation company, today announced the company will be participating i...

6 weeks ago - GlobeNewsWire

Analyst Praises AMD-Partner Absci's Practical Approach, Sees 118% Stock Upside

Needham analyst has initiated coverage on Absci Corporation ABSI, a drug and target discovery company that harnesses deep learning AI and synthetic biology to expand proteins' therapeutic potential.

Other symbols: AMD
2 months ago - Benzinga

Absci to Participate in the Guggenheim Securities SMID Cap Biotech Conference

VANCOUVER, Wash. and NEW YORK, Jan. 22, 2025 (GLOBE NEWSWIRE) -- Absci Corporation (Nasdaq: ABSI), a data-first generative AI drug creation company, today announced the company will be participating i...

2 months ago - GlobeNewsWire

Absci Looks Cheap And Positioned For Growth With AMD's AI Backing

Absci recently received a $20 million PIPE investment from AMD that improves its runway and R&D platform with AI. ABS-101 appears to be ABSI's main drug candidate for IBD. However, ABS-201 for hair lo...

Other symbols: AMD
2 months ago - Seeking Alpha

Absci and Owkin Synergize Leading TechBio Platforms to Advance Generative AI Drug Discovery

Collaboration combines Owkin's novel AI target discovery and agentic AI expertise with Absci's leading AI de novo design models to accelerate the discovery and design of potential first-in-class thera...

2 months ago - GlobeNewsWire

Absci and AMD Announce Collaboration and Strategic Investment to Accelerate the Future of AI Drug Discovery

$20 Million Equity Investment from AMD Strengthens Absci's Leadership in AI Drug Discovery and Further Expands Biopharma Adoption of AMD Instinct Accelerators and ROCm Software $20 Million Equity Inve...

3 months ago - GlobeNewsWire

Absci and Invetx Partner to Bring Generative AI Drug Creation Platform to Animal Health

Collaboration leverages Absci's leading generative AI Drug Creation models to design a novel antibody Half-Life Extension (HLE) platform for animal health applications Collaboration leverages Absci's ...

3 months ago - GlobeNewsWire

Absci Corporation (ABSI) Q3 2024 Earnings Call Transcript

Absci Corporation (NASDAQ:ABSI) Q3 2024 Earnings Conference Call November 12, 2024 8:00 AM ET Company Participants Alex Khan - VP, Finance and IR Sean McClain - Founder and CEO Zach Jonasson - CFO an...

5 months ago - Seeking Alpha

Absci Reports Business Updates and Third Quarter 2024 Financial and Operating Results

Successfully delivered AI de novo designed antibody sequences to AstraZeneca, fulfilling first milestone under collaboration

5 months ago - GlobeNewsWire

Absci to Host R&D Day on December 12, 2024

VANCOUVER, Wash. and NEW YORK, Nov. 07, 2024 (GLOBE NEWSWIRE) -- Absci Corporation (Nasdaq: ABSI), a data-first generative AI drug creation company, today announced the company will host its 2024 R&D ...

5 months ago - GlobeNewsWire

Absci to Report Business Updates and Third Quarter 2024 Financial and Operating Results on November 12, 2024

VANCOUVER, Wash. and NEW YORK, Oct. 15, 2024 (GLOBE NEWSWIRE) -- Absci Corporation (Nasdaq: ABSI), a data-first generative AI drug creation company, today announced the company will report business up...

6 months ago - GlobeNewsWire

Absci: AI-Driven Platform Could Establish Best-In-Class TL1A Drug Targeting Profile

Absci Corporation's initiation of a phase 1 study using ABS-101 for the treatment of patients with IBD expected early 2025, with interim data to be released in the 2nd half of 2025. ABS-101 aims to di...

6 months ago - Seeking Alpha

Absci Corporation (ABSI) Q2 2024 Earnings Call Transcript

Absci Corporation (NASDAQ:ABSI) Q2 2024 Earnings Conference Call August 14, 2024 4:30 PM ET Company Participants Alex Khan - VP, Finance and IR Sean McClain - Founder and CEO Zach Jonasson - CFO and ...

8 months ago - Seeking Alpha

Absci Reports Business Updates and Second Quarter 2024 Financial and Operating Results

Released results from non-human primate studies for ABS-101, demonstrating 2-3x extended half-life as compared to antibodies in clinical development

8 months ago - GlobeNewsWire

Absci Collaborates with Global Cancer Center to Discover Novel Therapeutics Using Generative AI

The collaboration unites Absci's Generative AI Drug Creation Platform with leading oncology experts to co-develop up to six novel cancer therapeutics The collaboration unites Absci's Generative AI Dru...

8 months ago - GlobeNewsWire

Absci Corporation Leverages AI For Rapid Drug Discovery And Promising Partnerships

Absci Corporation Leverages AI For Rapid Drug Discovery And Promising Partnerships

8 months ago - Seeking Alpha

Absci to Report Business Updates and Second Quarter 2024 Financial and Operating Results on August 14, 2024

VANCOUVER, Wash. and NEW YORK, July 10, 2024 (GLOBE NEWSWIRE) -- Absci Corporation (Nasdaq: ABSI), a data-first generative AI drug creation company, today announced the company will report business up...

9 months ago - GlobeNewsWire

Absci to Participate in the Goldman Sachs 45th Annual Global Healthcare Conference

VANCOUVER, Wash. and NEW YORK, May 28, 2024 (GLOBE NEWSWIRE) -- Absci Corporation (Nasdaq: ABSI), a data-first generative AI drug creation company, today announced the company will be participating in...

11 months ago - GlobeNewsWire