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Adaptive Biotechnologies

ADPTNASDAQ
Logo brought to you by Benzinga Data
$5.82
0.193.37%
At close: -
$5.72
-0.1-1.72%
After Hours: 6:37 PM EDT
Q3 2024 Earnings were released on Thu Nov 7th, after the market close
The most recent conference call was at 16:30 PM, 1 day ago Click to view past webcast
Consensus Rating1
Overweight
Highest Price Target1
$15.00
Lowest Price Target1
$5.00
Consensus Price Target1
$8.14

Adaptive Biotechnologies (NASDAQ:ADPT) Stock, Analyst Ratings, Price Targets, Forecasts

Adaptive Biotechnologies Corp has a consensus price target of $8.14 based on the ratings of 7 analysts. The high is $15 issued by Scotiabank on January 5, 2023. The low is $5 issued by Goldman Sachs on February 16, 2024. The 3 most-recent analyst ratings were released by BTIG, JP Morgan, and JP Morgan on October 2, 2024, August 2, 2024, and May 8, 2024, respectively. With an average price target of $6.33 between BTIG, JP Morgan, and JP Morgan, there's an implied 10.72% upside for Adaptive Biotechnologies Corp from these most-recent analyst ratings.

Analyst Trends and Forecast
1
Aug
0
0
0
0
Oct
Buy
Hold
Sell
Strong Sell
Analyst Rating and Forecast
12345
2.3
Sell
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

BTIG
JP Morgan
Goldman Sachs
Piper Sandler
Morgan Stanley

1calculated from analyst ratings

Analyst Ratings for Adaptive Biotechnologies

Data brought to you by Benzinga APIs

FAQ

Q

What is the target price for Adaptive Biotechnologies (ADPT) stock?

A

The latest price target for Adaptive Biotechnologies (NASDAQ:ADPT) was reported by BTIG on October 2, 2024. The analyst firm set a price target for $8.00 expecting ADPT to rise to within 12 months (a possible 39.86% upside). 8 analyst firms have reported ratings in the last year.

Q

What is the most recent analyst rating for Adaptive Biotechnologies (ADPT)?

A

The latest analyst rating for Adaptive Biotechnologies (NASDAQ:ADPT) was provided by BTIG, and Adaptive Biotechnologies maintained their buy rating.

Q

When was the last upgrade for Adaptive Biotechnologies (ADPT)?

A

The last upgrade for Adaptive Biotechnologies Corp happened on December 21, 2022 when Piper Sandler raised their price target to $14. Piper Sandler previously had a neutral for Adaptive Biotechnologies Corp.

Q

When was the last downgrade for Adaptive Biotechnologies (ADPT)?

A

There is no last downgrade for Adaptive Biotechnologies.

Q

When is the next analyst rating going to be posted or updated for Adaptive Biotechnologies (ADPT)?

A

Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Adaptive Biotechnologies, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Adaptive Biotechnologies was filed on October 2, 2024 so you should expect the next rating to be made available sometime around October 2, 2025.

Q

Is the Analyst Rating Adaptive Biotechnologies (ADPT) correct?

A

While ratings are subjective and will change, the latest Adaptive Biotechnologies (ADPT) rating was a maintained with a price target of $7.00 to $8.00. The current price Adaptive Biotechnologies (ADPT) is trading at is $5.72, which is out of the analyst’s predicted range.

Browse analyst ratings and price targets on all stocks.

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