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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 - $28.72
Previous CloseN/A
Volume509.18K
Average Volume (3M)1.97M
Market Cap
$4.56B
Enterprise Value$3.50K
Total Cash (Recent Filing)$344.25M
Total Debt (Recent Filing)$410.50M
Price to Earnings (P/E)―
Beta1.11
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. Volume2,034,021
30 Day Avg. Volume1,967,325
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
$25.75Price Target Upside-1.57% 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 Guideline AdoptionNCCN’s expanded MRD guidance strengthens the clinical role of sensitive, longitudinal testing and specifically identifies clonoSEQ. This can support durable adoption, recurring monitoring demand, and broader integration of Adaptive’s diagnostic into myeloma treatment decisions.
MRD Revenue And Test GrowthStrong MRD revenue and test-volume growth indicate increasing utilization of the company’s core oncology diagnostic offering. Sustained volume expansion can improve operating leverage, reinforce clinical relevance, and provide a stronger base for future recurring revenue.
Strong Gross EconomicsThe high gross margin suggests meaningful value in Adaptive’s diagnostic and immune-profiling offerings, while narrowing operating losses show progress toward profitability. If revenue growth continues, this combination could allow incremental sales to translate into improving earnings.
Bears Say
Continued UnprofitabilityAdaptive has improved its loss profile but has not yet reached sustainable profitability. Continued negative net and operating margins limit internally funded investment, leave earnings sensitive to execution, and make the business less resilient if growth or reimbursement progress slows.
Negative Cash GenerationOngoing operating and free-cash-flow deficits mean the company is not yet self-funding its business. Even with improved burn, continued cash consumption can require financing or further cost reductions, limiting flexibility to invest in diagnostics and immune-medicine growth.
Elevated LeverageThe sharp rise in leverage reduces financial flexibility and increases sensitivity to refinancing and interest-rate conditions. A debt-heavy capital structure can constrain capital allocation and raise the consequences of weaker-than-expected operating performance while losses continue.
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 $28.72 in the past 12 months.
What is Adaptive Biotechnologies Corp’s market cap?
Adaptive Biotechnologies Corp’s market cap is $4.56B.
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 46 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
Outperform
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Strong Buy
Average Price Target:
$25.75 (-1.57% Downside)
$25.75 (-1.57% Downside)
Blogger Sentiment
Neutral
ADPT Sentiment 57%
Sector Average 63%
Sector Average 63%
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 Positive
Last 7 Days ▲ 3.4%
Last 30 Days ▲ 1.3%
Last 30 Days ▲ 1.3%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
107.77%
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
$25.75
▼(-1.57% Downside)
Technical Analysis
1 Day
3 Days
1 Week
1 Month
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Ownership Overview
2.96% Insiders
22.28% Mutual Funds
41.91% Other Institutional Investors
17.17% Public Companies and
Individual Investors











