OmniAb, Inc. (OABI)

NASDAQ: OABI · Real-Time Price · USD
3.920
+0.070 (1.82%)
At close: Nov 22, 2024, 4:00 PM
4.100
+0.180 (4.59%)
After-hours: Nov 22, 2024, 5:02 PM EST
1.82%
Market Cap 474.37M
Revenue (ttm) 20.41M
Net Income (ttm) -63.02M
Shares Out 121.01M
EPS (ttm) -0.62
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 242,212
Open 3.880
Previous Close 3.850
Day's Range 3.825 - 3.970
52-Week Range 3.560 - 6.720
Beta 0.44
Analysts Strong Buy
Price Target 9.00 (+129.59%)
Earnings Date Nov 12, 2024

About OABI

OmniAb, Inc., a biotechnology company, engages in the discovery and provision of therapeutic antibody discovery technologies in the United States. The company’s technology platform creates and screens diverse antibody repertoires and identify optimal antibodies for partners’ drug development efforts. Its OmniAb platform is the biological intelligence of proprietary transgenic animals, including OmniRat, OmniChicken, and OmniMouse that have been genetically modified to generate antibodies with human sequences to facilitate development of human t... [Read more]

Industry Biotechnology
Sector Healthcare
Founded 2012
Employees 106
Stock Exchange NASDAQ
Ticker Symbol OABI
Full Company Profile

Financial Performance

In 2023, OmniAb's revenue was $34.16 million, a decrease of -42.17% compared to the previous year's $59.08 million. Losses were -$50.62 million, 126.6% more than in 2022.

Financial Statements

Analyst Forecast

According to 4 analysts, the average rating for OABI stock is "Strong Buy." The 12-month stock price forecast is $9.0, which is an increase of 129.59% from the latest price.

Price Target
$9.0
(129.59% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

OmniAb, Inc. (OABI) Q3 2024 Earnings Call Transcript

OmniAb, Inc. (NASDAQ:OABI) Q3 2024 Earnings Conference Call November 12, 2024 4:30 PM ET Company Participants Kurt Gustafson - Chief Financial Officer Matt Foehr - President & Chief Executive Officer...

10 days ago - Seeking Alpha

OmniAb Reports Third Quarter 2024 Financial Results and Business Highlights

EMERYVILLE, Calif.--(BUSINESS WIRE)--OmniAb, Inc. (NASDAQ: OABI) today reported financial results for the three and nine months ended September 30, 2024, and provided operating and partner program upd...

10 days ago - Business Wire

OmniAb to Participate in Two Investor Conferences in November

EMERYVILLE, Calif.--(BUSINESS WIRE)--OmniAb, Inc. (NASDAQ: OABI) today announced that management will be participating in two investor conferences during the month of November. Stifel 2024 Healthcare ...

23 days ago - Business Wire

OmniAb to Report Third Quarter 2024 Financial Results on November 12

EMERYVILLE, Calif.--(BUSINESS WIRE)--OmniAb, Inc. (NASDAQ: OABI) will report financial results for the three and nine months ended September 30, 2024 after the close of the U.S. financial markets on T...

4 weeks ago - Business Wire

OmniAb to Participate in Two Investor Conferences in September

EMERYVILLE, Calif.--(BUSINESS WIRE)--OmniAb, Inc. (NASDAQ: OABI) today announced that management will be participating in two investor conferences during the month of September. H.C. Wainwright 26th A...

3 months ago - Business Wire

OmniAb, Inc. (OABI) Q2 2024 Earnings Call Transcript

OmniAb, Inc. (NASDAQ:OABI) Q2 2024 Earnings Call August 8, 2024 4:30 PM ET Company Participants Kurt Gustafson - Chief Financial Officer Matt Foehr - President and Chief Executive Officer Conference ...

3 months ago - Seeking Alpha

OmniAb Reports Second Quarter 2024 Financial Results and Business Highlights

EMERYVILLE, Calif.--(BUSINESS WIRE)--OmniAb, Inc. (NASDAQ: OABI) today reported financial results for the three and six months ended June 30, 2024, and provided operating and partner program updates. ...

3 months ago - Business Wire

Long Assets On Path To Creating Significant Value, Shorting Remains Very Challenging

In the first half of 2024, our long book performed strong relative to the Russell 2000, driven by our high-conviction positions. We are pleased with our relative performance and believe the Russell 20...

3 months ago - Seeking Alpha

OmniAb to Report Second Quarter 2024 Financial Results on August 8

EMERYVILLE, Calif.--(BUSINESS WIRE)---- $OABI #OABI--OmniAb, Inc. (NASDAQ: OABI) will report financial results for the three and six months ended June 30, 2024 after the close of the U.S. financial ma...

4 months ago - Business Wire

OmniAb Announces Publication of Scientific Paper on Heavy Chain-Only Single-Domain Antibody Chicken Platform in the Journal of Immunology

EMERYVILLE, Calif.--(BUSINESS WIRE)--OmniAb, Inc. (NASDAQ: OABI) today announced the publication of a peer-reviewed paper titled “Chickens with a Truncated Light Chain Transgene Express Single-Domain ...

6 months ago - Business Wire

OmniAb to Participate in the Jefferies Global Healthcare Conference

EMERYVILLE, Calif.--(BUSINESS WIRE)--OmniAb, Inc. (NASDAQ: OABI) today announced that management will be participating at the Jefferies Global Healthcare Conference, being held June 4-6, 2024 at the M...

6 months ago - Business Wire

OmniAb Presents High-Throughput Single B-cell Screening xPloration® Data at the 20th Annual PEGS Boston Summit

EMERYVILLE, Calif.--(BUSINESS WIRE)--OmniAb, Inc. (Nasdaq: OABI) today announced its participation in the 20th Annual PEGS Boston – The Essential Protein & Antibody Engineering Summit underway at the ...

6 months ago - Business Wire

OmniAb, Inc. (OABI) Q1 2024 Earnings Call Transcript

OmniAb, Inc. (NASDAQ:OABI) Q1 2024 Earnings Conference Call May 9, 2024 4:30 PM ET Company Participants Kurt Gustafson - Chief Financial Officer Matt Foehr - President & Chief Executive Officer Confe...

7 months ago - Seeking Alpha

OmniAb Reports First Quarter 2024 Financial Results and Business Highlights

EMERYVILLE, Calif.--(BUSINESS WIRE)---- $OABI #Antibody--OmniAb, Inc. (NASDAQ: OABI) today reported financial results for the three months ended March 31, 2024, and provided operating and partner prog...

7 months ago - Business Wire

OmniAb to Participate in Five Investor Conferences in May

EMERYVILLE, Calif.--(BUSINESS WIRE)--OmniAb, Inc. (NASDAQ: OABI) today announced that management will be participating in five investor conferences during the month of May. RBC Capital Markets Global ...

7 months ago - Business Wire

OmniAb to Report First Quarter 2024 Financial Results on May 9

EMERYVILLE, Calif.--(BUSINESS WIRE)--OmniAb, Inc. (NASDAQ: OABI) will report financial results for the three months ended March 31, 2024 after the close of the U.S. financial markets on Thursday, May ...

7 months ago - Business Wire

Tharimmune Announces Scientific Advisory Board to Drive Clinical-Stage Lead in Chronic Liver Disease and Early-Stage Tunable Knob Domains for Generating Antibody Drug Conjugate (ADC) Biotherapeutics

Group includes leading experts in multiple disciplines including immunology, liver diseases, protein engineering, antibody drug conjugates and platform innovation BRIDGEWATER, NJ / ACCESSWIRE / April ...

Other symbols: THAR
7 months ago - Accesswire

OmniAb, Inc. (OABI) Q4 2023 Earnings Call Transcript

OmniAb, Inc. (OABI) Q4 2023 Earnings Call Transcript

8 months ago - Seeking Alpha

OmniAb Reports Fourth Quarter and Full Year 2023 Financial Results and Business Highlights

EMERYVILLE, Calif.--(BUSINESS WIRE)--OmniAb, Inc. (NASDAQ: OABI) today reported financial results for the three and 12 months ended December 31, 2023, and provided operating and partner program update...

8 months ago - Business Wire

OmniAb to Report Fourth Quarter 2023 Financial Results on March 20

EMERYVILLE, Calif.--(BUSINESS WIRE)--OmniAb, Inc. (NASDAQ: OABI) will report financial results for the three and 12 months ended December 31, 2023 after the close of the U.S. financial markets on Wedn...

9 months ago - Business Wire

OmniAb to Participate in Two Investor Conferences in March

EMERYVILLE, Calif.--(BUSINESS WIRE)--OmniAb, Inc. (NASDAQ: OABI) today announced that management will be participating in two upcoming investor conferences in March. TD Cowen 44th Annual Healthcare Co...

9 months ago - Business Wire

OmniAb Presents New Scientific Data on its OmnidAb™ Platform at the 2023 Antibody Engineering & Therapeutics Conference

EMERYVILLE, Calif.--(BUSINESS WIRE)--OmniAb, Inc. (Nasdaq: OABI) announces the presentation of new scientific data on its OmnidAb™ platform, the industry's first and only transgenic chicken host syste...

1 year ago - Business Wire

OmniAb, Inc. (OABI) Research and Technology Virtual Event and Q3 2023 Earnings Call Transcript

OmniAb, Inc. (NASDAQ:OABI) Research & Technology Virtual Event and 3Q23 Earnings Conference Call November 9, 2023 11:00 AM ET Company Participants Matthew Foehr - President and CEO Todd Pettingill - ...

1 year ago - Seeking Alpha

OmniAb Highlights OmnidAb™ Launch and its Expanding Drug Discovery Platform at Today's Research & Technology Virtual Event

EMERYVILLE, Calif.--(BUSINESS WIRE)---- $OABI #OABI--OmniAb, Inc. (Nasdaq: OABI) held its first Research & Technology virtual event earlier today, during which members of the management team reviewed ...

1 year ago - Business Wire

OmniAb Reports Third Quarter 2023 Financial Results and Business Highlights

EMERYVILLE, Calif.--(BUSINESS WIRE)---- $OABI #Antibody--OmniAb, Inc. (NASDAQ: OABI) today reported financial results for the three and nine months ended September 30, 2023, and provided operating and...

1 year ago - Business Wire