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

1,075 Followers

ADPT Stock Chart & Stats

$14.47
-$0.27(-3.80%)
At close: 4:00 PM EST
$14.47
-$0.27(-3.80%)

Bulls Say, Bears Say

Bulls Say
MRD Revenue Growth & GuidanceSustained MRD volume growth and a raised full-year guide reflect durable clinical adoption and pricing traction. Higher test volumes, expanding clinician base and explicit guidance increase revenue visibility and underpin a multi-quarter path to scale and segment-level profitability.
High & Improving Sequencing MarginsMaterial gross-margin expansion driven by sequencing scale and NovaSeq X efficiencies supports sustainable unit economics. High margin capacity provides operating leverage as volumes grow, improving the company's ability to convert revenue gains into lasting adjusted EBITDA and free cash flow.
Large Pharma Backlog & Active StudiesA sizable, growing pharma bookings backlog and broad active-study base reflect contracted demand and multi-period revenue visibility. This pipeline helps smooth lumpy project timing, supports predictable revenue conversion over several quarters, and anchors longer-term biopharma services growth.
Bears Say
Negative Operating & Free Cash FlowPersistent negative operating and free cash flows mean the company is not yet self-funding operations. Even with improved burn, continued cash deficits constrain strategic flexibility, likely necessitating external financing or careful spending discipline over the next several quarters.
Revenue Concentration In MRDHeavy reliance on a single product line amplifies exposure to reimbursement shifts, competitive advances, or clinical adoption changes. This limited diversification increases downside sensitivity and means company-level results hinge on MRD policy and market dynamics for multiple quarters.
Weakness In Immune Medicine SegmentA declining, loss-making immune medicine unit reduces the firm's ability to diversify revenue and absorb shocks. Continued investment or prolonged losses in this arm can divert resources, complicate the planned MRD/Immune separation, and pressure consolidated margins over the medium term.

Adaptive Biotechnologies News

ADPT FAQ

What was Adaptive Biotechnologies’s price range in the past 12 months?
Adaptive Biotechnologies lowest stock price was $9.96 and its highest was $23.15 in the past 12 months.
    What is Adaptive Biotechnologies’s market cap?
    Adaptive Biotechnologies’s market cap is $3.67B.
      When is Adaptive Biotechnologies’s upcoming earnings report date?
      Adaptive Biotechnologies’s upcoming earnings report date is Jul 29, 2026 which is in 10 days.
        How were Adaptive Biotechnologies’s earnings last quarter?
        Adaptive Biotechnologies released its earnings results on May 05, 2026. The company reported -$0.13 earnings per share for the quarter, beating the consensus estimate of -$0.16 by $0.03.
          Is Adaptive Biotechnologies overvalued?
          According to Wall Street analysts Adaptive Biotechnologies’s price is currently Undervalued. Get more investment ideas with TipRanks Premium
            Does Adaptive Biotechnologies pay dividends?
            Adaptive Biotechnologies does not currently pay dividends.
            What is Adaptive Biotechnologies’s EPS estimate?
            Adaptive Biotechnologies’s EPS estimate is -0.13.
              How many shares outstanding does Adaptive Biotechnologies have?
              Adaptive Biotechnologies has 160,044,390 shares outstanding.
                What happened to Adaptive Biotechnologies’s price movement after its last earnings report?
                Adaptive Biotechnologies reported an EPS of -$0.13 in its last earnings report, beating expectations of -$0.16. Following the earnings report the stock price went up 4.717%.
                  Which hedge fund is a major shareholder of Adaptive Biotechnologies?
                  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

                    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 Stock 12 Month Forecast

                    Average Price Target

                    $21.33
                    ▲(47.43% Upside)
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9,\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":18.84,"date":1764547200000,"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 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     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                    Ownership Overview

                    3.19%22.22%0.69%58.57%
                    0.69% Other Institutional Investors
                    58.57% Public Companies and
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