Adaptive Biotechnologies Corporation (ADPT)
NASDAQ: ADPT · Real-Time Price · USD
4.690
+0.320 (7.32%)
Nov 22, 2024, 4:00 PM EST - Market closed
Adaptive Biotechnologies Stock Forecast
Stock Price Forecast
The 4 analysts with 12-month price forecasts for ADPT stock have an average target of 6.50, with a low estimate of 5.00 and a high estimate of 8.00. The average target predicts an increase of 38.59% from the current stock price of 4.69.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for ADPT stock from 4 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Buy | 2 | 2 | 2 | 2 | 2 | 2 |
| Hold | 2 | 2 | 2 | 2 | 2 | 1 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 5 | 5 | 5 | 5 | 5 | 4 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Piper Sandler | Piper Sandler | Buy Maintains $6 → $7 | Buy | Maintains | $6 → $7 | +49.25% | Nov 11, 2024 |
| BTIG | BTIG | Strong Buy Maintains $7 → $8 | Strong Buy | Maintains | $7 → $8 | +70.58% | Oct 2, 2024 |
| JP Morgan | JP Morgan | Buy Maintains $5 → $6 | Buy | Maintains | $5 → $6 | +27.93% | Aug 2, 2024 |
| JP Morgan | JP Morgan | Buy Maintains $8 → $5 | Buy | Maintains | $8 → $5 | +6.61% | May 8, 2024 |
| BTIG | BTIG | Strong Buy Maintains $6 → $5 | Strong Buy | Maintains | $6 → $5 | +6.61% | Apr 4, 2024 |
Financial Forecast
Revenue This Year
176.78M
from 170.28M
Increased by 3.82%
Revenue Next Year
212.80M
from 176.78M
Increased by 20.38%
EPS This Year
-1.22
from -1.56
EPS Next Year
-1.03
from -1.22
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 188.4M | 232.0M | 301.6M |
| Avg | 176.8M | 212.8M | 267.7M |
| Low | 164.6M | 182.7M | 232.6M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 10.6% | 31.2% | 41.7% |
| Avg | 3.8% | 20.4% | 25.8% |
| Low | -3.3% | 3.3% | 9.3% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | -1.12 | -0.81 | -0.55 |
| Avg | -1.22 | -1.03 | -0.78 |
| Low | -1.27 | -1.34 | -1.15 |
EPS Growth
| EPS Growth | 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.