Absci Corporation (ABSI)
NASDAQ: ABSI · Real-Time Price · USD
3.920
+0.040 (1.03%)
Oct 7, 2024, 4:00 PM EDT - Market closed
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 121.17% from the current stock price of 3.92.
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 | May '24 | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 2 | 2 | 2 | 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 | 5 | 6 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Guggenheim | Guggenheim | Strong Buy Initiates $10 | Strong Buy | Initiates | $10 | +155.10% | Oct 2, 2024 |
| HC Wainwright & Co. | HC Wainwright & Co. | Strong Buy Reiterates $7 | Strong Buy | Reiterates | $7 | +78.57% | Aug 15, 2024 |
| Keybanc | Keybanc | Buy Maintains $8 → $6 | Buy | Maintains | $8 → $6 | +53.06% | Jul 11, 2024 |
| Morgan Stanley | Morgan Stanley | Buy Initiates $7 | Buy | Initiates | $7 | +78.57% | Jul 3, 2024 |
| HC Wainwright & Co. | HC Wainwright & Co. | Strong Buy Reiterates $7 | Strong Buy | Reiterates | $7 | +78.57% | May 15, 2024 |
Financial Forecast
Revenue This Year
6.31M
from 5.72M
Increased by 10.42%
Revenue Next Year
19.78M
from 6.31M
Increased by 213.22%
EPS This Year
-0.86
from -1.20
EPS Next Year
-0.72
from -0.86
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 7.8M | 56.5M | 86.0M | ||
| Avg | 6.3M | 19.8M | 50.9M | ||
| Low | 4.9M | 8.8M | 13.7M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 35.5% | 795.5% | 334.7% | ||
| Avg | 10.4% | 213.2% | 157.1% | ||
| Low | -14.3% | 39.7% | -30.6% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | -0.78 | -0.40 | -0.11 | ||
| Avg | -0.86 | -0.72 | -0.46 | ||
| 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.