Absci Corporation (ABSI)
NASDAQ: ABSI · IEX Real-Time Price · USD
4.970
-0.320 (-6.05%)
At close: Apr 18, 2024, 4:00 PM
5.00
+0.03 (0.60%)
After-hours: Apr 18, 2024, 7:35 PM EDT
Absci Stock Forecast
Stock Price Forecast
The 5 analysts with 12-month price forecasts for Absci stock have an average target of 10.2, with a low estimate of 7.00 and a high estimate of 14. The average target predicts an increase of 105.23% from the current stock price of 4.97.
Analyst Consensus: Strong Buy
Analyst Ratings
The average analyst rating for Absci stock from 5 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 | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 2 | 2 | 2 | 2 |
| Buy | 1 | 2 | 2 | 2 | 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 | 3 | 4 | 4 | 4 | 5 | 5 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Truist Securities | Truist Securities | Strong Buy Maintains $9 | Strong Buy | Maintains | $9 | +81.09% | Mar 26, 2024 |
| HC Wainwright & Co. | HC Wainwright & Co. | Strong Buy Reiterates $7 | Strong Buy | Reiterates | $7 | +40.85% | Mar 22, 2024 |
| Scotiabank | Scotiabank | Buy Initiates $13 | Buy | Initiates | $13 | +161.57% | Mar 14, 2024 |
| Truist Securities | Truist Securities | Strong Buy Reiterates $9 | Strong Buy | Reiterates | $9 | +81.09% | Mar 6, 2024 |
| Keybanc | Keybanc | Buy Maintains $5 → $8 | Buy | Maintains | $5 → $8 | +60.97% | Mar 4, 2024 |
Financial Forecast
Revenue This Year
11.18M
from 5.72M
Increased by 95.51%
Revenue Next Year
24.57M
from 11.18M
Increased by 119.80%
EPS This Year
-0.84
from -1.20
EPS Next Year
-0.76
from -0.84
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 26.1M | 59.2M | 77.2M | 76.7M | 138.6M |
| Avg | 11.2M | 24.6M | 54.7M | 73.8M | 112.2M |
| Low | 5.7M | 11.8M | 37.4M | 70.3M | 86.2M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 357.2% | 429.2% | 214.3% | 40.2% | 87.8% |
| Avg | 95.5% | 119.8% | 122.4% | 35.0% | 52.1% |
| Low | -0.6% | 5.2% | 52.4% | 28.5% | 16.9% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | -0.64 | -0.44 | -0.17 | -0.21 | 0.42 |
| Avg | -0.84 | -0.76 | -0.53 | -0.20 | 0.41 |
| Low | -1.02 | -0.96 | -0.98 | -0.20 | 0.39 |
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.