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

1,074 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 MomentumSustained MRD growth and a raised full-year MRD guide demonstrate durable commercial adoption of clonoSEQ. Strong volume trends, rising clinician adoption and a $254M pharma backlog point to repeatable revenue streams and growth visibility over the next 2–6 months.
Sequencing Margin ImprovementMaterial margin expansion driven by NovaSeq X efficiencies and pricing gains suggests scalable unit economics. Higher gross margins reduce break-even thresholds and support longer-term profitability if volume growth continues and ASP momentum persists.
Improved Liquidity / Capital Re-shapeThe sizable convertible issuance and proceeds allocation materially reshapes the capital stack, repays prior obligations and funds MRD initiatives. This reduces near-term refinancing risk and provides runway to execute commercialization and separation plans over the medium term.
Bears Say
Negative Cash FlowPersistent negative operating and free cash flow constrain financial flexibility and force reliance on external financing to fund growth. Even with improved burn, continued deficits risk dilutive financings or spending cuts if revenue or margin improvement stalls.
Revenue ConcentrationHeavy dependence on MRD leaves the business exposed to reimbursement shifts, clinical adoption variability, and milestone lumpiness. Concentration limits diversification benefits and makes company-level results highly sensitive to single-product regulatory or payer changes.
Immune Medicine WeaknessThe immune medicine segment is a persistent earnings drag requiring continued investment and sample processing cadence to recover. Weak near-term revenue and structural investment needs complicate overall path to profitability and may necessitate strategic separation or capital allocation trade-offs.

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 $22.99 in the past 12 months.
    What is Adaptive Biotechnologies’s market cap?
    Adaptive Biotechnologies’s market cap is $3.43B.
      When is Adaptive Biotechnologies’s upcoming earnings report date?
      Adaptive Biotechnologies’s upcoming earnings report date is Jul 29, 2026 which is in 13 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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                    Ownership Overview

                    3.19%22.22%0.69%58.91%
                    0.69% Other Institutional Investors
                    58.91% Public Companies and
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