Absci Corporation (ABSI)
NASDAQ: ABSI · IEX Real-Time Price · USD
1.39
-0.05 (-3.47%)
At close: Nov 27, 2023, 4:00 PM
1.42
+0.03 (2.09%)
After-hours: Nov 27, 2023, 5:32 PM EST
Absci Stock Forecast
Stock Price Forecast
According to 3 stock analysts, the average 12-month stock price forecast for Absci stock is $9.33, which predicts an increase of 571.22%. The lowest target is $4.00 and the highest is $14. On average, analysts rate Absci stock as a strong buy.
Analyst Consensus: Strong Buy
Analyst Ratings
The average analyst rating for Absci stock from 3 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 '23 | Jul '23 | Aug '23 | Sep '23 | Oct '23 | Nov '23 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 2 | 2 | 2 | 2 |
| Buy | 2 | 2 | 1 | 1 | 1 | 1 |
| Hold | 1 | 1 | 0 | 0 | 0 | 0 |
| Sell | 1 | 1 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 6 | 6 | 3 | 3 | 3 | 3 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| HC Wainwright & Co. | HC Wainwright & Co. | Strong Buy Reiterates $4 | Strong Buy | Reiterates | $4 | +187.77% | Nov 15, 2023 |
| Truist Securities | Truist Securities | Strong Buy Reiterates $10 | Strong Buy | Reiterates | $10 | +619.42% | Aug 16, 2023 |
| HC Wainwright & Co. | HC Wainwright & Co. | Strong Buy Reiterates $4 | Strong Buy | Reiterates | $4 | +187.77% | Aug 15, 2023 |
| Credit Suisse | Credit Suisse | Buy Reiterates $14 | Buy | Reiterates | $14 | +907.19% | May 16, 2023 |
| HC Wainwright & Co. | HC Wainwright & Co. | Strong Buy Reiterates $4 | Strong Buy | Reiterates | $4 | +187.77% | May 16, 2023 |
Financial Forecast
Revenue This Year
13.23M
from 5.75M
Increased by 130.17%
Revenue Next Year
26.33M
from 13.23M
Increased by 99.03%
EPS This Year
-1.16
from -1.15
EPS Next Year
-0.76
from -1.16
Revenue Forecast
| Revenue | 2023 | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|---|
| High | 18.9M | 36.8M | 49.3M | 54.6M | 76.7M |
| Avg | 13.2M | 26.3M | 44.6M | 51.5M | 74.5M |
| Low | 8.8M | 18.7M | 39.1M | 48.0M | 71.5M |
Revenue Growth
| Revenue Growth | 2023 | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|---|
| High | 228.9% | 177.8% | 87.1% | 22.3% | 48.8% |
| Avg | 130.2% | 99.0% | 69.5% | 15.4% | 44.6% |
| Low | 53.5% | 41.3% | 48.5% | 7.6% | 38.9% |
EPS Forecast
| EPS | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|
| High | -1.10 | -0.60 | -0.13 | -0.57 |
| Avg | -1.16 | -0.76 | -0.52 | -0.55 |
| Low | -1.17 | -0.90 | -0.72 | -0.53 |
EPS Growth
| EPS Growth | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|
| 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.