NASDAQ:ABCL

AbCellera Biologics (ABCL) Stock Price, News & Analysis

$3.76
+0.13 (+3.58%)
(As of 04/26/2024 ET)
Today's Range
$3.64
$3.80
50-Day Range
$3.63
$5.34
52-Week Range
$3.62
$8.05
Volume
1.37 million shs
Average Volume
1.08 million shs
Market Capitalization
$1.10 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$15.86

AbCellera Biologics MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
321.7% Upside
$15.86 Price Target
Short Interest
Bearish
11.25% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
-0.34mentions of AbCellera Biologics in the last 14 days
Based on 3 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
Decreasing
From ($0.66) to ($0.70) 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.

1.75 out of 5 stars

Medical Sector

630th out of 913 stocks

Pharmaceutical Preparations Industry

287th out of 423 stocks

ABCL stock logo

About AbCellera Biologics Stock (NASDAQ:ABCL)

AbCellera Biologics Inc. builds an engine for antibody drug discovery and development. Its engine discovers antibodies from natural immune responses, which are pre-enriched for antibodies. The company's preclinical products are ABCL635 for metabolic and endocrine conditions; and ABCL575 for atopic dermatitis. It has a research collaboration and license agreement with Eli Lilly and Company; and a research collaboration with Confo Therapeutics for the discovery of therapeutic antibody candidates targeting two undisclosed GPCR targets, as well as strategic collaboration with Biogen Inc. to discover therapeutic antibodies for neurological conditions. The company was incorporated in 2012 and is headquartered in Vancouver, Canada.

ABCL Stock Price History

ABCL Stock News Headlines

AbCellera Biologics (NASDAQ:ABCL) Hits New 52-Week Low at $3.76
AbCellera Biologics (NASDAQ:ABCL) Hits New 1-Year Low at $3.84
What is Medicare Supplement Insurance?
Original Medicare helps covers a lot of hospital and medical services, but it still leaves some out- of- pocket medical costs to recipients. Make sure your family’s nest egg is protected from unpredictable medical expenses. Consider applying for a Medicare Supplement Insurance Plan that travels with you.
AbCellera Biologics Inc. (ABCL)
The 7 Best Penny Stocks to Buy in Q2 2024
What is Medicare Supplement Insurance?
Original Medicare helps covers a lot of hospital and medical services, but it still leaves some out- of- pocket medical costs to recipients. Make sure your family’s nest egg is protected from unpredictable medical expenses. Consider applying for a Medicare Supplement Insurance Plan that travels with you.
AbCellera: Victim Of Its Own Success
3 Highly Rated Biotech Stocks to Buy for 300% Gains
Piper Sandler Reaffirms Their Buy Rating on AbCellera Biologics (ABCL)
AbCellera Announces Resignation of Board Member
ABCL Mar 2024 4.000 call
ABCL Mar 2024 5.000 call
Stifel Nicolaus Reaffirms Their Buy Rating on AbCellera Biologics (ABCL)
See More Headlines
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Company Calendar

Last Earnings
2/20/2024
Today
4/27/2024
Next Earnings (Confirmed)
5/07/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Medical
Industry
Pharmaceutical preparations
Sub-Industry
N/A
Current Symbol
NASDAQ:ABCL
Fax
N/A
Employees
586
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$15.86
High Stock Price Target
$24.00
Low Stock Price Target
$6.00
Potential Upside/Downside
+321.7%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
7 Analysts

Profitability

Net Income
$-146,400,000.00
Net Margins
-384.99%
Pretax Margin
-457.67%

Debt

Sales & Book Value

Annual Sales
$38.03 million
Book Value
$3.97 per share

Miscellaneous

Free Float
197,774,000
Market Cap
$1.10 billion
Optionable
Optionable
Beta
0.36
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Key Executives

  • Dr. Carl L.G. Hansen Ph.D. (Age 49)
    CEO, President & Chairperson
    Comp: $711.47k
  • Mr. Andrew Booth M.B.A.Mr. Andrew Booth M.B.A. (Age 50)
    Chief Financial Officer
    Comp: $642.42k
  • Dr. Veronique Lecault Ph.D. (Age 39)
    COO & Director
    Comp: $645.07k
  • Mr. Tryn T. Stimart Esq. (Age 54)
    J.D., M.Sc., Chief Legal Officer, CCO, Compliance Officer, Corporate Secretary & Privacy Officer
    Comp: $644.4k
  • Mr. Neil Aubuchon B.A. (Age 53)
    M.B.A., Chief Commercial Officer
    Comp: $684.81k
  • Marcie Thiessen CPA
    CGA, Senior Director of Finance & Accounting
  • Dr. Ester Falconer Ph.D. (Age 49)
    Chief Technology Officer
  • Kathleen Reid B.A.
    Head of Corporate Communications
  • Graham Craig M.Sc.
    Director of Corporate Development
  • Mr. Murray McCutcheon Ph.D.
    Senior Vice President of Partnering

ABCL Stock Analysis - Frequently Asked Questions

Should I buy or sell AbCellera Biologics stock right now?

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for AbCellera Biologics in the last twelve months. There are currently 7 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" ABCL shares.
View ABCL analyst ratings
or view top-rated stocks.

What is AbCellera Biologics' stock price target for 2024?

7 brokerages have issued 12-month price objectives for AbCellera Biologics' shares. Their ABCL share price targets range from $6.00 to $24.00. On average, they predict the company's share price to reach $15.86 in the next twelve months. This suggests a possible upside of 321.7% from the stock's current price.
View analysts price targets for ABCL
or view top-rated stocks among Wall Street analysts.

How have ABCL shares performed in 2024?

AbCellera Biologics' stock was trading at $5.71 at the beginning of 2024. Since then, ABCL stock has decreased by 34.2% and is now trading at $3.76.
View the best growth stocks for 2024 here
.

When is AbCellera Biologics' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, May 7th 2024.
View our ABCL earnings forecast
.

How can I listen to AbCellera Biologics' earnings call?

AbCellera Biologics will be holding an earnings conference call on Tuesday, May 7th at 5:00 PM Eastern. Interested parties can register for or listen to the call using this link.

How were AbCellera Biologics' earnings last quarter?

AbCellera Biologics Inc. (NASDAQ:ABCL) posted its quarterly earnings data on Tuesday, February, 20th. The company reported ($0.17) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.14) by $0.03. The business had revenue of $9.18 million for the quarter, compared to analyst estimates of $9.58 million. AbCellera Biologics had a negative net margin of 384.99% and a negative trailing twelve-month return on equity of 12.36%.

What ETFs hold AbCellera Biologics' stock?

ETFs with the largest weight of AbCellera Biologics (NASDAQ:ABCL) stock in their portfolio include TrueShares Technology, AI & Deep Learning ETF (LRNZ).iShares Genomics Immunology and Healthcare ETF (IDNA).

When did AbCellera Biologics IPO?

AbCellera Biologics (ABCL) raised $356 million in an initial public offering on Friday, December 11th 2020. The company issued 23,000,000 shares at $14.00-$17.00 per share. Credit Suisse, Stifel, Berenberg, SVB Leerink and BMO Capital Markets acted as the underwriters for the IPO.

Who are AbCellera Biologics' major shareholders?

AbCellera Biologics' stock is owned by a number of institutional and retail investors. Top institutional shareholders include TrueMark Investments LLC (0.04%), PFG Investments LLC (0.01%) and Pacifica Partners Inc. (0.00%). Insiders that own company stock include Andrew Booth, Andrew Lo, Carl L G Hansen, Holdings Ltd Thermopylae, John Hamer, John S Montalbano, Michael R Hayden and Veronique Lecault.
View institutional ownership trends
.

How do I buy shares of AbCellera Biologics?

Shares of ABCL 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:ABCL) was last updated on 4/27/2024 by MarketBeat.com Staff

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