Adicet Bio, Inc. (ACET)

NASDAQ: ACET · IEX Real-Time Price · USD
1.46
-0.07 (-4.58%)
At close: Sep 22, 2023, 4:00 PM
1.51
+0.05 (3.42%)
Pre-market: Sep 25, 2023, 6:33 AM EDT
-4.58%
Market Cap 62.88M
Revenue (ttm) n/a
Net Income (ttm) -115.16M
Shares Out 43.07M
EPS (ttm) -2.72
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 287,463
Open 1.54
Previous Close 1.53
Day's Range 1.45 - 1.58
52-Week Range 1.45 - 21.87
Beta 1.58
Analysts Buy
Price Target 17.67 (+1,110.27%)
Earnings Date Nov 7, 2023

About ACET

Adicet Bio, Inc., a clinical stage biotechnology company, discovers and develops allogeneic gamma delta T cell therapies for cancer and other diseases. The company offers gamma delta T cells engineered with chimeric antigen receptors and chimeric adaptors to enhance selective tumor targeting, facilitate innate and adaptive anti-tumor immune response, and enhance persistence for durable activity in patients. Its lead product in pipeline includes ADI-001, which is in Phase I clinical study for the treatment of non-Hodgkin's lymphoma. The company ... [Read more]

Industry Biotechnology
Sector Healthcare
Founded 1947
Employees 132
Stock Exchange NASDAQ
Ticker Symbol ACET
Full Company Profile

Financial Performance

In 2022, Adicet Bio's revenue was $24.99 million, an increase of 156.83% compared to the previous year's $9.73 million. Losses were -$69.79 million, 12.6% more than in 2021.

Financial Statements

Analyst Forecast

According to 7 analysts, the average rating for ACET stock is "Buy." The 12-month stock price forecast is $17.67, which is an increase of 1,110.27% from the latest price.

Price Target
$17.67
(1,110.27% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Adicet Bio Reports Inducement Grants under Nasdaq Listing Rule 5635(c)(4)

REDWOOD CITY, Calif. & BOSTON--(BUSINESS WIRE)--Adicet Bio, Inc. (Nasdaq: ACET), a clinical stage biotechnology company discovering and developing allogeneic gamma delta T cell therapies for cancer, t...

24 days ago - Business Wire

Adicet Reports Second Quarter 2023 Financial Results and Provides Business Updates

REDWOOD CITY, Calif. & BOSTON--(BUSINESS WIRE)--Adicet Bio, Inc. (Nasdaq: ACET), a clinical stage biotechnology company discovering and developing allogeneic gamma delta T cell therapies for cancer, t...

6 weeks ago - Business Wire

Adicet Bio to Participate in a Fireside Chat at the Canaccord Genuity 43rd Annual Growth Conference

REDWOOD CITY, Calif. & BOSTON--(BUSINESS WIRE)--Adicet Bio, Inc. (Nasdaq: ACET), a clinical stage biotechnology company discovering and developing allogeneic gamma delta T cell therapies for cancer, t...

7 weeks ago - Business Wire

Adicet Announces Appointment of Katie Peng to the Board of Directors

REDWOOD CITY, Calif. & BOSTON--(BUSINESS WIRE)--Adicet Bio, Inc. (Nasdaq: ACET), a clinical stage biotechnology company discovering and developing allogeneic gamma delta T cell therapies for cancer, t...

2 months ago - Business Wire

Adicet Bio Reports Positive Data from Ongoing ADI-001 Phase 1 Trial in Patients with Relapsed or Refractory Aggressive B-Cell Non-Hodgkin's Lymphoma (NHL)

REDWOOD CITY, Calif. & BOSTON--(BUSINESS WIRE)--Adicet Bio, Inc. (Nasdaq: ACET), a clinical stage biotechnology company discovering and developing allogeneic gamma delta T cell therapies for cancer, t...

3 months ago - Business Wire

Adicet Bio to Participate in a Fireside Chat at the 2023 Jefferies Healthcare Conference

REDWOOD CITY, Calif. & BOSTON--(BUSINESS WIRE)--Adicet Bio, Inc. (Nasdaq: ACET), a clinical stage biotechnology company discovering and developing allogeneic gamma delta T cell therapies for cancer, t...

4 months ago - Business Wire

Adicet Bio Presents Positive Preclinical Data on ADI-270 at the American Society of Gene and Cell Therapy (ASGCT) 26th Annual Meeting

REDWOOD CITY, Calif. & BOSTON--(BUSINESS WIRE)--Adicet Bio, Inc. (Nasdaq: ACET), a clinical stage biotechnology company discovering and developing allogeneic gamma delta T cell therapies for cancer, t...

4 months ago - Business Wire

Adicet Bio to Present at the 2023 JMP Securities Life Sciences Conference

REDWOOD CITY, Calif. & BOSTON--(BUSINESS WIRE)--Adicet Bio, Inc. (Nasdaq: ACET), a clinical stage biotechnology company discovering and developing allogeneic gamma delta T cell therapies for cancer, t...

4 months ago - Business Wire

Adicet Reports First Quarter 2023 Financial Results and Provides Business Updates

REDWOOD CITY, Calif. & BOSTON--(BUSINESS WIRE)--Adicet Bio, Inc. (Nasdaq: ACET), a clinical stage biotechnology company discovering and developing allogeneic gamma delta T cell therapies for cancer, t...

4 months ago - Business Wire

Adicet Bio to Participate in 2023 Canaccord Genuity Horizons in Oncology Virtual Conference

REDWOOD CITY, Calif. & BOSTON--(BUSINESS WIRE)--Adicet Bio, Inc. (Nasdaq: ACET), a clinical stage biotechnology company discovering and developing allogeneic gamma delta T cell therapies for cancer, t...

5 months ago - Business Wire

Adicet Reports Fourth Quarter and Full Year 2022 Financial Results and Highlights Recent Company Progress

REDWOOD CITY, Calif. & BOSTON--(BUSINESS WIRE)--Adicet Bio, Inc. (Nasdaq: ACET), a clinical stage biotechnology company discovering and developing allogeneic gamma delta T cell therapies for cancer, t...

6 months ago - Business Wire

Adicet Bio to Participate in 2023 Jefferies Biotech on the Bay Summit

REDWOOD CITY, Calif. & BOSTON--(BUSINESS WIRE)--Adicet Bio, Inc. (Nasdaq: ACET), a clinical stage biotechnology company discovering and developing allogeneic gamma delta T cell therapies for cancer, t...

7 months ago - Business Wire

Adicet Bio to Participate in a Fireside Chat at the 2023 Guggenheim Oncology Conference

REDWOOD CITY, Calif. & BOSTON--(BUSINESS WIRE)--Adicet Bio, Inc. (Nasdaq: ACET), a clinical stage biotechnology company discovering and developing allogeneic gamma delta T cell therapies for cancer,...

8 months ago - Business Wire

Adicet Bio shares fall as it shares clinical data about its CAR-T treatment candidate

Adicet Bio's Inc. ACET, -13.13% stock tumbled about 38% in premarket trading on Monday after the company shared data from a Phase 1 clinical trial evaluating the company's investigational CAR-T therap...

10 months ago - Market Watch

Adicet Bio to Host Investor Webcast to Discuss Updated Clinical Data from Ongoing ADI-001 Phase 1 Trial in Patients with Relapsed or Refractory Aggressive B-Cell Non-Hodgkin's Lymphoma (NHL)

REDWOOD CITY, Calif. & BOSTON--(BUSINESS WIRE)--Adicet Bio, Inc. (Nasdaq: ACET), a clinical stage biotechnology company discovering and developing allogeneic gamma delta T cell therapies for cancer,...

10 months ago - Business Wire

Adicet Bio to Present at the Virtual JMP Securities Hematology and Oncology Summit

REDWOOD CITY, Calif. & BOSTON--(BUSINESS WIRE)--Adicet Bio, Inc. (Nasdaq: ACET), a clinical stage biotechnology company discovering and developing allogeneic gamma delta T cell therapies for cancer,...

10 months ago - Business Wire

Adicet Bio Appoints Nancy Boman, M.D., Ph.D., as Senior Vice President and Chief Regulatory Officer

REDWOOD CITY, Calif. & BOSTON--(BUSINESS WIRE)--Adicet Bio, Inc. (Nasdaq: ACET), a clinical stage biotechnology company discovering and developing allogeneic gamma delta T cell therapies for cancer,...

10 months ago - Business Wire

If we do enter a recession next year, we'll see more of a rotation into health care, says RTW's Wong

Dr. Rod Wong, RTW Investments managing partner and CIO, joins the 'Halftime Report' to discuss his thoughts on the biotech sector going into the new year, his investing thesis behind Avidity Bioscienc...

Other symbols: IBBMATXRNA
11 months ago - CNBC Television

Adicet Bio to Present at the 2022 Jefferies London Healthcare Conference

REDWOOD CITY, Calif.

11 months ago - Business Wire

Adicet Bio to Present Preclinical Data from Allogeneic Gamma Delta T Cell Pipeline Programs at The Society for Immunotherapy of Cancer (SITC) 37th Annual Meeting

REDWOOD CITY, Calif. & BOSTON--(BUSINESS WIRE)--Adicet Bio, Inc. (Nasdaq: ACET), a clinical stage biotechnology company discovering and developing first in class, allogeneic chimeric antigen receptor ...

1 year ago - Business Wire

Adicet Bio to Present at Upcoming Investor Conferences

REDWOOD CITY, Calif. & BOSTON--(BUSINESS WIRE)--Adicet Bio, Inc. (Nasdaq: ACET), a clinical stage biotechnology company discovering and developing first-in-class allogeneic gamma delta chimeric antige...

1 year ago - Business Wire

Adicet Reports Second Quarter 2022 Financial Results and Provides Business Updates

REDWOOD CITY, Calif. & BOSTON--(BUSINESS WIRE)--Adicet Bio, Inc. (Nasdaq: ACET), a clinical stage biotechnology company discovering and developing first-in-class allogeneic gamma delta CAR T cell ther...

1 year ago - Business Wire