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ADPT Stock Chart & Stats
$26.16
-$0.14(-0.63%)
At close: 4:00 PM EDT
$26.16
-$0.14(-0.63%)
Day’s Range― - ―
52-Week Range$12.00 - $26.87
Previous CloseN/A
Volume509.18K
Average Volume (3M)3.45M
Market Cap
$4.02B
Enterprise Value$3.50K
Total Cash (Recent Filing)$344.25M
Total Debt (Recent Filing)$410.50M
Price to Earnings (P/E)―
Beta1.19
Next Earnings
Nov 05, 2026EPS Estimate
-0.1Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.41
Shares Outstanding159,595,840
10 Day Avg. Volume2,698,502
30 Day Avg. Volume3,452,404
Financial Highlights & Ratios
PEG Ratio0.65
Price to Book (P/B)11.26
Price to Sales (P/S)8.90
P/FCF Ratio-50.34
Enterprise Value/Market Cap<0.01
Enterprise Value/Revenue<0.01
Enterprise Value/Gross Profit<0.01
Enterprise Value/Ebitda>-0.01
Forecast
1Y Price Target
$25.07Price Target Upside-4.16% Downside
Rating ConsensusStrong Buy
Number of Analyst Covering8
EPS Forecast (FY)-0.53
Revenue Forecast (FY)$292.37M
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.
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.
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
Adaptive Biotechnologies Stock Smart Score
Neutral
1
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5
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7
8
9
10
Analyst Consensus
Strong Buy
Average Price Target:
$25.07 (-4.16% Downside)
$25.07 (-4.16% Downside)
Blogger Sentiment
Neutral
ADPT Sentiment 57%
Sector Average 61%
Sector Average 61%
Hedge Fund Trend
Increased
By 1.9M Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $19.0M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Negative
Last 7 Days ▼ 1.0%
Last 30 Days ▼ 4.8%
Last 30 Days ▼ 4.8%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
108.91%
12-Months-Change
Fundamentals
Return on Equity
―
Trailing 12-Months
Asset Growth
29.00%
Trailing 12-Months
Learn more about TipRanks Smart Score
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.
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 summariesADPT Stock 12 Month Forecast
All Analysts
Top Analysts
Average Price Target
$25.07
▼(-4.16% Downside)
Technical Analysis
1 Day
3 Days
1 Week
1 Month
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Ownership Overview
2.98% Insiders
22.28% Mutual Funds
41.91% Other Institutional Investors
17.11% Public Companies and
Individual Investors












