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S&P 500   5,254.35
DOW   39,807.37
QQQ   444.01
Stock market today: Asian shares are mostly higher after another set of Wall St records
Delta Airline’s Put Option Activity Isn’t Bad News
3 Value Stocks Too Small For Buffett’s Portfolio
Disney Stock Catches 3 Upgrades In a Single Week
7 Stocks That Will Drive the Weight Loss Drugs Market
Walgreens Boots Alliance: Deep Value With Nowhere to Go But Up
Krispy Kreme's Sweet Deal: McDonald's Partnership Sparks Growth?
S&P 500   5,254.35
DOW   39,807.37
QQQ   444.01
Stock market today: Asian shares are mostly higher after another set of Wall St records
Delta Airline’s Put Option Activity Isn’t Bad News
3 Value Stocks Too Small For Buffett’s Portfolio
Disney Stock Catches 3 Upgrades In a Single Week
7 Stocks That Will Drive the Weight Loss Drugs Market
Walgreens Boots Alliance: Deep Value With Nowhere to Go But Up
Krispy Kreme's Sweet Deal: McDonald's Partnership Sparks Growth?
S&P 500   5,254.35
DOW   39,807.37
QQQ   444.01
Stock market today: Asian shares are mostly higher after another set of Wall St records
Delta Airline’s Put Option Activity Isn’t Bad News
3 Value Stocks Too Small For Buffett’s Portfolio
Disney Stock Catches 3 Upgrades In a Single Week
7 Stocks That Will Drive the Weight Loss Drugs Market
Walgreens Boots Alliance: Deep Value With Nowhere to Go But Up
Krispy Kreme's Sweet Deal: McDonald's Partnership Sparks Growth?
NASDAQ:ABSI

Absci (ABSI) Stock Price, News & Analysis

$5.68
+0.14 (+2.53%)
(As of 03/28/2024 ET)
Today's Range
$5.51
$5.76
50-Day Range
$3.41
$5.74
52-Week Range
$1.11
$6.40
Volume
1.22 million shs
Average Volume
1.57 million shs
Market Capitalization
$640.65 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$9.25

Absci MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
62.9% Upside
$9.25 Price Target
Short Interest
Bearish
13.25% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
-0.01mentions of Absci in the last 14 days
Based on 16 Articles This Week
Insider Trading
Acquiring Shares
$999,999 Bought Last Quarter
Proj. Earnings Growth
Growing
From ($0.77) to ($0.65) Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

1.93 out of 5 stars

Medical Sector

646th out of 938 stocks

Commercial Physical Research Industry

9th out of 10 stocks

ABSI stock logo

About Absci Stock (NASDAQ:ABSI)

Absci Corporation operates as a generative AI drug creation company in the United States. Its integrated drug creation platform identifies novel drug targets and creates biotherapeutic candidates. The company was founded in 2011 and is headquartered in Vancouver, Washington.

ABSI Stock Price History

ABSI Stock News Headlines

Absci's (ABSI) Buy Rating Reaffirmed at Truist Financial
Major Elon Musk Crypto Leak Revealed
Reports of a leaked meeting between Elon Musk and staff at X.com could send shockwaves through the crypto market. Musk revealed a "mind-blowing" plan to take over the global payment system. In his own words, the world's richest man said "you won't need a bank account." Prominent voices in crypto believe what comes next will mirror a crypto mass adoption similar to the one that triggered bitcoin's last bull run.
Absci's (ABSI) "Outperform" Rating Reaffirmed at Scotiabank
Absci's (ABSI) "Buy" Rating Reiterated at HC Wainwright
Absci: Q4 Earnings Insights
Altcoin FRENZY Alert…
Bitcoin recently crossed the highest price in its 15-year history… Less than 2 years after one of the most vicious crypto market meltdowns we've ever seen! Bitcoin's BOOM also sent shockwaves through the altcoin market, with select coins seeing HUGE moves in a matter of days… Like Fetch.ai, that gained over 350% in just the last 30 days…
ABSI Apr 2024 6.000 call
TD Cowen Keeps Their Buy Rating on AbSci (ABSI)
Why Absci (ABSI) Shares Are Falling
Absci Announces Pricing of Public Offering of Common Stock
Absci Announces Proposed Public Offering of Common Stock
CNC Mar 2024 86.000 call
ABSI Mar 2024 7.500 call
ABSI Feb 2024 7.500 put
See More Headlines
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Company Calendar

Last Earnings
3/21/2024
Today
3/28/2024
Next Earnings (Estimated)
5/20/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Medical
Industry
Commercial physical research
Sub-Industry
N/A
Current Symbol
NASDAQ:ABSI
Fax
N/A
Employees
193
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$9.25
High Stock Price Target
$13.00
Low Stock Price Target
$7.00
Potential Upside/Downside
+62.9%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
4 Analysts

Profitability

Net Income
$-110,570,000.00
Net Margins
-1,933.65%
Pretax Margin
-1,931.90%

Debt

Sales & Book Value

Annual Sales
$5.72 million
Book Value
$1.90 per share

Miscellaneous

Free Float
99,724,000
Market Cap
$640.65 million
Optionable
Optionable
Beta
2.35
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Key Executives


ABSI Stock Analysis - Frequently Asked Questions

Should I buy or sell Absci stock right now?

4 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Absci in the last twelve months. There are currently 4 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" ABSI shares.
View ABSI analyst ratings
or view top-rated stocks.

What is Absci's stock price target for 2024?

4 brokerages have issued 12-month target prices for Absci's stock. Their ABSI share price targets range from $7.00 to $13.00. On average, they expect the company's stock price to reach $9.25 in the next twelve months. This suggests a possible upside of 62.9% from the stock's current price.
View analysts price targets for ABSI
or view top-rated stocks among Wall Street analysts.

How have ABSI shares performed in 2024?

Absci's stock was trading at $4.20 on January 1st, 2024. Since then, ABSI shares have increased by 35.2% and is now trading at $5.68.
View the best growth stocks for 2024 here
.

When is Absci's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Monday, May 20th 2024.
View our ABSI earnings forecast
.

How were Absci's earnings last quarter?

Absci Co. (NASDAQ:ABSI) posted its earnings results on Thursday, March, 21st. The company reported ($0.25) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.23) by $0.02. The firm had revenue of $0.34 million for the quarter, compared to analyst estimates of $1.75 million. Absci had a negative net margin of 1,933.65% and a negative trailing twelve-month return on equity of 44.52%.

When did Absci IPO?

Absci (ABSI) raised $200 million in an initial public offering (IPO) on Thursday, July 22nd 2021. The company issued 12,500,000 shares at $15.00-$17.00 per share.

Who are Absci's major shareholders?

Absci's stock is owned by a variety of institutional and retail investors. Top institutional investors include Vanguard Group Inc. (2.77%), Vanguard Group Inc. (2.77%), Platinum Investment Management Ltd. (0.90%), Hsbc Holdings PLC (0.44%), Charles Schwab Investment Management Inc. (0.38%) and Bridgeway Capital Management LLC (0.29%). Insiders that own company stock include Karen K Mcginnis, Redmile Group, Llc, Sarah Korman, Sean Mcclain and Todd Bedrick.
View institutional ownership trends
.

How do I buy shares of Absci?

Shares of ABSI stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:ABSI) was last updated on 3/29/2024 by MarketBeat.com Staff

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