Adaptive Biotechnologies Corporation

Adaptive Biotechnologies Corporation

ADPTยทNASDAQ

$15.99

+5.0%
HealthcareBiotechnology

Adaptive Biotechnologies Corporation, a commercial-stage company, develops an immune medicine platform for the diagnosis and treatment of various diseases. The company offers immunoSEQ, a platform and core immunosequencing product that is used to answer translational research questions, as well as to discover new prognostic and diagnostic signals; and T-Detect COVID for the confirmation of past COVID-19 infection. It also provides clonoSEQ, a clinical diagnostic product for the detection and monitoring of minimal residual disease in patients with multiple myeloma, B cell acute lymphoblastic leukemia, and chronic lymphocytic leukemia, as well as available as a CLIA-validated laboratory developed test for patients with other lymphoid cancers; and immunoSEQ T-MAP COVID for vaccine developers and researchers to measure the T-cell immune response to vaccines. In addition, the company offers a pipeline of clinical products and services that are used for the diagnosing, monitoring, and treatment of diseases, such as cancer, autoimmune conditions, and infectious diseases. It serves the life sciences research, clinical diagnostics, and drug discovery applications. Adaptive Biotechnologies Corporation has strategic collaborations with Genentech, Inc. for the development, manufacture, and commercialization of neoantigen directed T cell therapies for the treatment of a range of cancers; and Microsoft Corporation to develop diagnostic tests for the early detection of various diseases from a single blood test. The company was formerly known as Adaptive TCR Corporation and changed its name to Adaptive Biotechnologies Corporation in December 2011. Adaptive Biotechnologies Corporation was incorporated in 2009 and is headquartered in Seattle, Washington.

At a Glance

Live Snapshot
Market Cap$2.56B
EPS-0.3900
P/E Ratio-41.00
Earnings Date08/04/2026
adpt

Adaptive Biotechnologies Corporation Street Expectations Map

ADPT ยท NASDAQ

Wall Street analysts project that ADPT stock may rise significantly over the coming 12 months. The consensus 1-year price target stands at 21.33, with estimates ranging from a low of 21.00 to a high of 22.00.

Lowest Target
21.00
31.33%
Consensus Target
21.33
33.40%
Highest Target
22.00
37.59%

The consensus 1-year price target stands at 21.33, with estimates ranging from a low of 21.00 to a high of 22.00.

Analyst Consensus Analysis

Upside Potential

+33.4%

Substantial upside potential. Analysts see significant value gap, suggesting the stock may be materially undervalued at current levels.

Analyst Agreement

4.7% spread

High analyst agreement. Narrow target range indicates strong consensus on valuation, suggesting clear investment thesis and predictable outlook.

Analyst Conviction

Very High

Strong buy conviction: High upside with tight consensus suggests compelling investment opportunity backed by analyst confidence.

Market Sentiment Insight

Rare opportunity: Exceptional upside potential with strong analyst consensus creates a compelling setup. The combination of significant price target premium and tight agreement suggests high-conviction undervaluation that may attract institutional capital.

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Adaptive Biotechnologies Corporation Forward Estimates of Revenue

ADPT ยท NASDAQ
Latest Revenue
276.98M
FY 2025
Avg Estimate
286.05M
FY 2026
Estimate Range
279.39M - 290.17M
Analyst Spread

Forward Growth Analysis

Projected Growth+3.3%

Flat growth suggests market maturity or near-term challenges offsetting expansion efforts.

Analyst Coverage7 Analysts

Moderate coverageโ€”sufficient for guidance but may lack depth of large-cap analysis.

Estimate Spread4%

Narrow estimate range signals strong analyst consensus and predictable business outlook.

OutlookPositive

Generally favorable outlook with reasonable growth prospects and analyst support.

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Adaptive Biotechnologies Corporation Forward Estimates of Net Income

ADPT ยท NASDAQ
Latest Net Income
-59.50M
FY 2025
Avg Estimate
-68.90M
FY 2026
Estimate Range
-71.83M - -65.96M
Analyst Spread

Forward Growth Analysis

Projected Growth-15.8%

Significant contraction projectedโ€”major business challenges or industry disruption likely.

Analyst Coverage7 Analysts

Moderate coverageโ€”sufficient for guidance but may lack depth of large-cap analysis.

Estimate Spread9%

Narrow estimate range signals strong analyst consensus and predictable business outlook.

OutlookNeutral

Mixed signalsโ€”some positive indicators offset by concerns about growth or uncertainty.

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Adaptive Biotechnologies Corporation Forward Estimates of EPS

ADPT ยท NASDAQ
Latest EPS
-0.39
FY 2025
Avg Estimate
$-0.46
FY 2026
Estimate Range
$-0.47 - $-0.43
Analyst Spread

Forward Growth Analysis

Projected Growth-18.9%

Significant contraction projectedโ€”major business challenges or industry disruption likely.

Analyst Coverage6 Analysts

Moderate coverageโ€”sufficient for guidance but may lack depth of large-cap analysis.

Estimate Spread8%

Narrow estimate range signals strong analyst consensus and predictable business outlook.

OutlookNeutral

Mixed signalsโ€”some positive indicators offset by concerns about growth or uncertainty.

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Adaptive Biotechnologies Corporation Forward Estimates of EBIT

ADPT ยท NASDAQ
Latest EBIT
-47.68M
FY 2025
Avg Estimate
-228.80M
FY 2026
Estimate Range
-232.09M - -223.47M
Analyst Spread

Forward Growth Analysis

Projected Growth-379.9%

Significant contraction projectedโ€”major business challenges or industry disruption likely.

Analyst Coverage7 Analysts

Moderate coverageโ€”sufficient for guidance but may lack depth of large-cap analysis.

Estimate Spread4%

Narrow estimate range signals strong analyst consensus and predictable business outlook.

OutlookNeutral

Mixed signalsโ€”some positive indicators offset by concerns about growth or uncertainty.

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Adaptive Biotechnologies Corporation Forward Estimates of EBITDA

ADPT ยท NASDAQ
Latest EBITDA
-29.85M
FY 2025
Avg Estimate
-215.84M
FY 2026
Estimate Range
-218.94M - -210.82M
Analyst Spread

Forward Growth Analysis

Projected Growth-623.2%

Significant contraction projectedโ€”major business challenges or industry disruption likely.

Analyst Coverage7 Analysts

Moderate coverageโ€”sufficient for guidance but may lack depth of large-cap analysis.

Estimate Spread4%

Narrow estimate range signals strong analyst consensus and predictable business outlook.

OutlookNeutral

Mixed signalsโ€”some positive indicators offset by concerns about growth or uncertainty.

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Adaptive Biotechnologies Corporation Forward Estimates of SG&A Expense

ADPT ยท NASDAQ
Latest SG&A Expense
167.27M
FY 2025
Avg Estimate
262.73M
FY 2026
Estimate Range
256.62M - 266.51M
Analyst Spread

Forward Growth Analysis

Projected Growth+57.1%

Strong growth expectations signal robust business momentum and market opportunity expansion.

Analyst Coverage7 Analysts

Moderate coverageโ€”sufficient for guidance but may lack depth of large-cap analysis.

Estimate Spread4%

Narrow estimate range signals strong analyst consensus and predictable business outlook.

OutlookStrong

Positive analyst consensus with strong growth expectations and forecast confidence.

Key Insight

Compelling growth story with analyst consensus: Strong projected growth combined with narrow estimate spread suggests high-conviction opportunity.

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Adaptive Biotechnologies Corporation Insider Positioning

ADPT ยท NASDAQ

During the last 12 months, insiders have sold $50.46M worth of ADPT shares, with no buying activity reported.

3 Months

Bought

0

0.00

Sold

874.6K

12.34M

Net Activity

-12.3M

-$12.34M

3-6 Months

Bought

0

0.00

Sold

1.2M

19.38M

Net Activity

-19.4M

-$19.38M

6-9 Months

Bought

0

0.00

Sold

1.1M

18.74M

Net Activity

-18.7M

-$18.74M

9-12 Months

Bought

0

0.00

Sold

0

0.00

Net Activity

+0

+$0

Top Buyers

No buying activity

Top Sellers

1
RCM

Robins Chad M

Director, Officer: Ceo And Chairman

1.1M sharesโ€ข12 transactions

$18.69M

2
RJ

Rubinstein Julie

Officer: President And Coo

742.7K sharesโ€ข32 transactions

$10.43M

3
BS

Benzeno Sharon

Officer: Chief Commercial Ofc Imm Med

619.0K sharesโ€ข3 transactions

$10.36M

4
LF

Lo Francis

Officer: Chief People Officer

261.6K sharesโ€ข6 transactions

$4.23M

5
PK

Piskel Kyle

Officer: Chief Financial Officer

172.6K sharesโ€ข5 transactions

$3.34M

Insider Activity Analysis

Net Insider Sentiment

Bearish

Strong bearish signal with $50.46M net selling. Heavy insider selling may indicate concerns about valuation or near-term prospects.

Buy/Sell Ratio

0.00:1

Very poor ratio. Heavy selling with minimal buying suggests insiders may be concerned about valuation or outlook.

Recent Trend (3 Months)

$12.34M

Heavy recent selling activity. Recent insider sales notably exceed purchasesโ€”may warrant investigation into company developments.

Insider Participation

High Selling

5 insider sellers vs. 0 buyers. Widespread selling across multiple insiders may signal concerns.

Insider Activity Insight

Multiple red flags: Heavy selling, numerous sellers, and continued recent selling create a concerning pattern. Investigate fundamental drivers and consider whether company guidance or industry conditions have deteriorated.