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.
1calculated from analyst ratings
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.
The latest analyst rating for Adaptive Biotechnologies (NASDAQ:ADPT) was provided by BTIG, and Adaptive Biotechnologies maintained their buy rating.
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.
There is no last downgrade for Adaptive Biotechnologies.
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.
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.
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