Absci Corporation (ABSI)
NASDAQ: ABSI · Real-Time Price · USD
3.820
+0.080 (2.14%)
At close: Jan 30, 2025, 4:00 PM
3.800
-0.020 (-0.52%)
After-hours: Jan 30, 2025, 5:41 PM EST
Absci Stock Forecast
Stock Price Forecast
The 7 analysts with 12-month price forecasts for Absci stock have an average target of 8.57, with a low estimate of 5.00 and a high estimate of 13. The average target predicts an increase of 124.35% from the current stock price of 3.82.
Analyst Consensus: Strong Buy
Analyst Ratings
The average analyst rating for Absci stock from 7 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 | Aug '24 | Sep '24 | Oct '24 | Nov '24 | Dec '24 | Jan '25 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 3 | 3 | 3 | 4 |
| 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 | 6 | 6 | 6 | 7 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Needham | Needham | Strong Buy Initiates $9 | Strong Buy | Initiates | $9 | +135.60% | Jan 22, 2025 |
| HC Wainwright & Co. | HC Wainwright & Co. | Strong Buy Reiterates $7 | Strong Buy | Reiterates | $7 | +83.25% | Jan 17, 2025 |
| HC Wainwright & Co. | HC Wainwright & Co. | Strong Buy Reiterates $7 | Strong Buy | Reiterates | $7 | +83.25% | Jan 10, 2025 |
| Keybanc | Keybanc | Buy Maintains $6 → $5 | Buy | Maintains | $6 → $5 | +30.89% | Jan 8, 2025 |
| HC Wainwright & Co. | HC Wainwright & Co. | Strong Buy Maintains $7 | Strong Buy | Maintains | $7 | +83.25% | Jan 8, 2025 |
Financial Forecast
Revenue This Year
6.21M
from 5.72M
Increased by 8.57%
Revenue Next Year
16.74M
from 6.21M
Increased by 169.72%
EPS This Year
-0.93
from -1.20
EPS Next Year
-0.83
from -0.93
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | 8.4M | 56.5M | 86.0M | |||
| Avg | 6.2M | 16.7M | 37.3M | |||
| Low | 4.9M | 5.6M | 5.6M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | 46.9% | 810.7% | 413.4% | |||
| Avg | 8.6% | 169.7% | 122.5% | |||
| Low | -14.3% | -9.7% | -66.5% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | -0.89 | -0.72 | -0.46 | |||
| Avg | -0.93 | -0.83 | -0.72 | |||
| Low | -0.94 | -0.96 | -1.00 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| 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.