Absci Corporation (ABSI)
NASDAQ: ABSI · Real-Time Price · USD
2.680
-0.040 (-1.47%)
At close: Nov 20, 2024, 4:00 PM
2.720
+0.040 (1.49%)
After-hours: Nov 20, 2024, 7:20 PM EST
Absci Stock Forecast
Stock Price Forecast
The 6 analysts with 12-month price forecasts for Absci stock have an average target of 8.67, with a low estimate of 6.00 and a high estimate of 13. The average target predicts an increase of 223.51% from the current stock price of 2.68.
Analyst Consensus: Strong Buy
Analyst Ratings
The average analyst rating for Absci stock from 6 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
| Rating | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 2 | 2 | 3 | 3 |
| Buy | 3 | 3 | 3 | 3 | 3 | 3 |
| Hold | 0 | 0 | 0 | 0 | 0 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 5 | 5 | 5 | 5 | 6 | 6 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| HC Wainwright & Co. | HC Wainwright & Co. | Strong Buy Reiterates $7 | Strong Buy | Reiterates | $7 | +161.19% | Nov 13, 2024 |
| Guggenheim | Guggenheim | Strong Buy Initiates $10 | Strong Buy | Initiates | $10 | +273.13% | Oct 2, 2024 |
| HC Wainwright & Co. | HC Wainwright & Co. | Strong Buy Reiterates $7 | Strong Buy | Reiterates | $7 | +161.19% | Aug 15, 2024 |
| Keybanc | Keybanc | Buy Maintains $8 → $6 | Buy | Maintains | $8 → $6 | +123.88% | Jul 11, 2024 |
| Morgan Stanley | Morgan Stanley | Buy Initiates $7 | Buy | Initiates | $7 | +161.19% | Jul 3, 2024 |
Financial Forecast
Revenue This Year
6.25M
from 5.72M
Increased by 9.36%
Revenue Next Year
18.67M
from 6.25M
Increased by 198.59%
EPS This Year
-0.88
from -1.20
EPS Next Year
-0.73
from -0.88
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 7.8M | 56.5M | 86.0M | ||
| Avg | 6.3M | 18.7M | 40.2M | ||
| Low | 4.9M | 5.6M | 5.6M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 35.5% | 804.2% | 360.4% | ||
| Avg | 9.4% | 198.6% | 115.6% | ||
| Low | -14.3% | -10.4% | -70.0% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | -0.78 | -0.40 | -0.11 | ||
| Avg | -0.88 | -0.73 | -0.59 | ||
| Low | -0.94 | -0.96 | -1.00 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | - | - | - | ||
| Avg | - | - | - | ||
| Low | - | - | - |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.