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Adaptive Biotechnologies Corp (ADPT)
NASDAQ:ADPT
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Adaptive Biotechnologies (ADPT) Price & Analysis

1,080 Followers

ADPT Stock Chart & Stats

$26.16
-$0.14(-0.63%)
At close: 4:00 PM EDT
$26.16
-$0.14(-0.63%)

Bulls Say, Bears Say

Bulls Say
MRD Revenue And Test-volume GrowthRapid growth in MRD revenue and clonoSEQ testing indicates increasing clinical adoption of the company’s oncology diagnostics. Sustained volume expansion can strengthen recurring test revenue, deepen provider relationships, and improve operating leverage over the next several quarters.
Strong Gross Margin And Narrowing Operating LossesHigh gross profitability supports the economic value of Adaptive’s proprietary testing and data platform. The materially narrower operating loss suggests cost discipline and improving scale, creating a credible path toward better profitability if revenue growth continues.
Improved Liquidity And Strategic FocusThe financing increases near-term liquidity while repaying an existing obligation, and the planned business separation could sharpen capital allocation around MRD. Together, these actions may provide greater strategic focus and flexibility for commercial execution.
Bears Say
Persistent Losses And Negative Free Cash FlowAdaptive has not yet reached self-funded operations despite improving losses and cash burn. Continued negative cash generation can require additional financing or cost reductions, limiting flexibility to invest in growth and increasing execution risk.
Elevated Leverage And Refinancing SensitivityThe sharp increase in leverage weakens balance-sheet resilience and raises sensitivity to refinancing conditions and future interest obligations. High debt relative to equity may constrain strategic choices while the company is still loss-making and cash-flow negative.
MRD Concentration And Separation Execution RiskHeavy dependence on MRD concentrates revenue around one business and its reimbursement, adoption, and competitive dynamics. Separating the businesses may improve focus, but it also introduces operational complexity and potential disruption during implementation.

Adaptive Biotechnologies News

ADPT FAQ

What was Adaptive Biotechnologies Corp’s price range in the past 12 months?
Adaptive Biotechnologies Corp lowest stock price was $12.00 and its highest was $26.87 in the past 12 months.
    What is Adaptive Biotechnologies Corp’s market cap?
    Adaptive Biotechnologies Corp’s market cap is $4.02B.
      When is Adaptive Biotechnologies Corp’s upcoming earnings report date?
      Adaptive Biotechnologies Corp’s upcoming earnings report date is Nov 05, 2026 which is in 65 days.
        How were Adaptive Biotechnologies Corp’s earnings last quarter?
        Adaptive Biotechnologies Corp released its earnings results on Jul 29, 2026. The company reported -$0.25 earnings per share for the quarter, missing the consensus estimate of -$0.134 by -$0.116.
          Is Adaptive Biotechnologies Corp overvalued?
          According to Wall Street analysts Adaptive Biotechnologies Corp’s price is currently Overvalued. Get more investment ideas with TipRanks Premium
            Does Adaptive Biotechnologies Corp pay dividends?
            Adaptive Biotechnologies Corp does not currently pay dividends.
            What is Adaptive Biotechnologies Corp’s EPS estimate?
            Adaptive Biotechnologies Corp’s EPS estimate is -0.1.
              How many shares outstanding does Adaptive Biotechnologies Corp have?
              Adaptive Biotechnologies Corp has 159,595,840 shares outstanding.
                What happened to Adaptive Biotechnologies Corp’s price movement after its last earnings report?
                Adaptive Biotechnologies Corp reported an EPS of -$0.25 in its last earnings report, missing expectations of -$0.134. Following the earnings report the stock price went up 7.181%.
                  Which hedge fund is a major shareholder of Adaptive Biotechnologies Corp?
                  Currently, no hedge funds are holding shares in ADPT
                  What is the TipRanks Smart Score and how is it calculated?
                  Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology

                    Company Description

                    Adaptive Biotechnologies Corp

                    Adaptive Biotechnologies Corporation, founded in 2009 and headquartered in Seattle, Washington (operating as Adaptive TCR Corporation until its name change in December 2011), is a commercial-stage entity focused on pioneering an immune medicine platform. This advanced platform is engineered for the precise diagnosis and effective treatment of a broad spectrum of illnesses. The company offers several core technological solutions. Its immunoSEQ platform, a foundational immunosequencing product, is vital for translational research and discovering novel prognostic and diagnostic markers. For confirming past COVID-19 infections, Adaptive provides T-Detect COVID. Additionally, clonoSEQ functions as a critical clinical diagnostic tool, enabling the detection and continuous monitoring of minimal residual disease in individuals with multiple myeloma, B-cell acute lymphoblastic leukemia, and chronic lymphocytic leukemia; it is also available as a CLIA-validated laboratory-developed test for other lymphoid cancers. Another specialized offering, immunoSEQ T-MAP COVID, aids vaccine developers and researchers in quantifying T-cell immune responses to vaccines. Beyond its current product lineup, Adaptive Biotechnologies actively develops a pipeline of clinical products and services designed for the diagnosis, monitoring, and treatment of conditions such as cancer, autoimmune disorders, and infectious diseases. Its solutions cater to life science research, clinical diagnostics, and drug discovery applications. The company has established key strategic collaborations: one with Genentech, Inc., for the joint development, manufacturing, and commercialization of neoantigen-directed T-cell therapies aimed at treating various cancers; and another with Microsoft Corporation, dedicated to creating sophisticated diagnostic tests capable of identifying multiple diseases early from a single blood sample.

                    Adaptive Biotechnologies (ADPT) Earnings & Revenues

                    ADPT Company Deck

                    ADPT Earnings Call

                    Q2 2026
                    0:00 / 0:00
                    Earnings Call Sentiment|Positive
                    The call portrays a company with strong, broad-based MRD momentum: double-digit revenue growth, volume records, margin expansion, a raised MRD revenue guide, growing backlog, and improving MRD profitability. Challenges are concentrated in the immune medicine business (declining revenue and losses), company-level net loss and elevated operating expenses, milestone lumpiness, and reimbursement/regulatory uncertainty. Taken together the positives—notably durable clinical adoption, pricing gains, margin improvement, a large and growing backlog, and a solid cash position—outweigh the negatives, which are largely isolated or acknowledged with mitigations in progress.View all ADPT earnings summaries

                    ADPT Stock 12 Month Forecast

                    Average Price Target

                    $25.07
                    ▼(-4.16% Downside)
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<span style=\"color:#199ca5\" class=\"mb3 mt2 fonth8_semibold\"> Strong Buy</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 13,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 1, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 0</span>\n      ","marker":{"lineColor":"#199ca5","enabled":true,"symbol":"circle"}},{"y":12.84,"date":1756684800000,"info":" <span style=\"color:#199ca5\" class=\"mb3 mt2 fonth8_semibold\"> Strong Buy</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 12,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 1, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 0</span>\n      ","marker":{"lineColor":"#199ca5","enabled":true,"symbol":"circle"}},{"y":14.56,"date":1759276800000,"info":" <span style=\"color:#199ca5\" class=\"mb3 mt2 fonth8_semibold\"> Strong Buy</span>\n           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15,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 2, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 0</span>\n      ","marker":{"lineColor":"#199ca5","enabled":true,"symbol":"circle"}},{"y":16.24,"date":1767225600000,"info":" <span style=\"color:#199ca5\" class=\"mb3 mt2 fonth8_semibold\"> Strong Buy</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 18,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 2, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 0</span>\n      ","marker":{"lineColor":"#199ca5","enabled":true,"symbol":"circle"}},{"y":18.39,"date":1769904000000,"info":" <span style=\"color:#199ca5\" class=\"mb3 mt2 fonth8_semibold\"> Strong Buy</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 19,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 2, \t&nbsp;</span>\n    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