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Healthcare - Biotechnology - NASDAQ - US
$ 2.84
-5.8 %
$ 326 M
Market Cap
-3.05
P/E
1. INTRINSIC VALUE

Absci Corporation, a drug and target discovery company, provides biologic drug candidates and production cell lines using integrated drug creation platform for partners in the United States. Its integrated drug creation platform enables the creation of biologics by unifying the drug discovery and cell line development processes into one process. Absci Corporation was founded in 2011 and is headquartered in Vancouver, Washington.[ Read More ]

The intrinsic value of one ABSI stock under the base case scenario is HIDDEN Compared to the current market price of 2.84 USD, Absci Corporation is HIDDEN

2. FUNDAMENTAL ANALYSIS

Price Chart ABSI

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FINANCIALS
5.72 M REVENUE
-0.50%
-116 M OPERATING INCOME
-8.21%
-111 M NET INCOME
-5.40%
-64.6 M OPERATING CASH FLOW
20.54%
81.9 M INVESTING CASH FLOW
164.53%
-4.48 M FINANCING CASH FLOW
-85.60%
1.27 M REVENUE
41.43%
-26.7 M OPERATING INCOME
-13.72%
-24.8 M NET INCOME
-12.63%
-16.8 M OPERATING CASH FLOW
5.71%
1.26 M INVESTING CASH FLOW
101.64%
-134 K FINANCING CASH FLOW
-0.17%
Balance Sheet Decomposition Absci Corporation
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Current Assets 121 M
Cash & Short-Term Investments 97.7 M
Receivables 2.19 M
Other Current Assets 20.7 M
Non-Current Assets 96.7 M
Long-Term Investments 0
PP&E 45.8 M
Other Non-Current Assets 50.9 M
Current Liabilities 29.6 M
Accounts Payable 1.5 M
Short-Term Debt 5.58 M
Other Current Liabilities 22.5 M
Non-Current Liabilities 11.6 M
Long-Term Debt 10.4 M
Other Non-Current Liabilities 1.18 M
EFFICIENCY
Earnings Waterfall Absci Corporation
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Revenue 5.72 M
Cost Of Revenue 47.6 M
Gross Profit -41.8 M
Operating Expenses 73.7 M
Operating Income -116 M
Other Expenses -4.95 M
Net Income -111 M
RATIOS
-731.88% GROSS MARGIN
-731.88%
-2020.20% OPERATING MARGIN
-2020.20%
-1933.65% NET MARGIN
-1933.65%
-62.76% ROE
-62.76%
-50.88% ROA
-50.88%
-62.80% ROIC
-62.80%
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis Absci Corporation
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Net Income -111 M
Depreciation & Amortization 14 M
Capital Expenditures -860 K
Stock-Based Compensation 11.4 M
Change in Working Capital 1.52 M
Others 21.4 M
Free Cash Flow -65.5 M
3. WALL STREET ANALYSTS ESTIMATES
Wall Street Analysts Price Targets Absci Corporation
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Wall Street analysts predict an average 1-year price target for ABSI of $6 , with forecasts ranging from a low of $6 to a high of $6 .
ABSI Lowest Price Target Wall Street Target
6 USD 111.27%
ABSI Average Price Target Wall Street Target
6 USD 111.27%
ABSI Highest Price Target Wall Street Target
6 USD 111.27%
4. DIVIDEND ANALYSIS
0.00% DIVIDEND YIELD
0 USD DIVIDEND PER SHARE
5. COMPETITION
6. Ownership
Insider Ownership Absci Corporation
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Sold
0-3 MONTHS
0 USD 0
3-6 MONTHS
13.7 M USD 2
6-9 MONTHS
0 USD 0
9-12 MONTHS
0 USD 0
Bought
0 USD 0
0-3 MONTHS
0 USD 0
3-6 MONTHS
1 M USD 1
6-9 MONTHS
0 USD 0
9-12 MONTHS
Date Value Insider Amount Avg Price
5 months ago
Jun 13, 2024
Sell 98.9 K USD
Jonasson Zachariah
CFO / CBO
- 19859
4.9797 USD
5 months ago
May 22, 2024
Sell 13.6 M USD
Phoenix Venture Partners II LP
10 percent owner
- 3100000
4.4 USD
8 months ago
Mar 01, 2024
Bought 1 M USD
Redmile Group, LLC
Director
+ 222222
4.5 USD
2 years ago
Feb 09, 2022
Bought 33.8 K USD
Korman Sarah
General Counsel
+ 4250
7.96 USD
2 years ago
Jan 20, 2022
Bought 15 K USD
Bedrick Todd
VP, CCPAO
+ 2000
7.5 USD
2 years ago
Jan 19, 2022
Bought 49.5 K USD
McClain Sean
President and Chief Executive
+ 7155
6.92 USD
3 years ago
Jul 26, 2021
Bought 30 M USD
Redmile Group, LLC
Director
+ 1875000
16 USD
3 years ago
Jul 26, 2021
Bought 240 K USD
MCGINNIS KAREN K
Director
+ 15000
16 USD
3 years ago
Jul 26, 2021
Bought 9.6 K USD
McClain Sean
President and Chief Executive
+ 600
16 USD
3 years ago
Jul 26, 2021
Bought 160 K USD
Korman Sarah
General Counsel
+ 10000
16 USD
3 years ago
Jul 26, 2021
Bought 144 K USD
Jonasson Zachariah
Director
+ 9000
16 USD
3 years ago
Jul 26, 2021
Bought 25 M USD
Casdin Partners Master Fund, L.P.
Director
+ 1562500
16 USD
3 years ago
Jul 26, 2021
Bought 25 M USD
Casdin Eli
Director
+ 1562500
16 USD
3 years ago
Jul 26, 2021
Bought 16 K USD
Bedrick Todd
VP, CCPAO
+ 1000
16 USD
7. News
Absci Corporation (ABSI) Q3 2024 Earnings Call Transcript Absci Corporation (NASDAQ:ABSI ) Q3 2024 Earnings Conference Call November 12, 2024 8:00 AM ET Company Participants Alex Khan - VP, Finance and IR Sean McClain - Founder and CEO Zach Jonasson - CFO and Chief Business Officer Christian Stegmann - SVP of Drug Creation Conference Call Participants Srikripa Devarakonda – Truist Securities Brendan Smith - TD Cowen George Farmer – Scotiabank Vamil Divan - Guggenheim Securities Operator Good day and thank you for standing by. Welcome to the Absci Q3 2024 Business Update Conference Call. seekingalpha.com - 4 days ago
Absci Corporation (ABSI) Reports Q3 Loss, Misses Revenue Estimates Absci Corporation (ABSI) came out with a quarterly loss of $0.24 per share versus the Zacks Consensus Estimate of a loss of $0.19. This compares to loss of $0.24 per share a year ago. zacks.com - 4 days ago
Absci Reports Business Updates and Third Quarter 2024 Financial and Operating Results Successfully delivered AI de novo designed antibody sequences to AstraZeneca, fulfilling first milestone under collaboration globenewswire.com - 5 days ago
Absci to Host R&D Day on December 12, 2024 VANCOUVER, Wash. and NEW YORK, Nov. 07, 2024 (GLOBE NEWSWIRE) -- Absci Corporation (Nasdaq: ABSI), a data-first generative AI drug creation company, today announced the company will host its 2024 R&D Day on Thursday, December 12th in New York City. globenewswire.com - 1 week ago
Absci to Report Business Updates and Third Quarter 2024 Financial and Operating Results on November 12, 2024 VANCOUVER, Wash. and NEW YORK, Oct. 15, 2024 (GLOBE NEWSWIRE) -- Absci Corporation (Nasdaq: ABSI), a data-first generative AI drug creation company, today announced the company will report business updates and financial and operating results for the third quarter before market open on Tuesday, November 12, 2024. globenewswire.com - 1 month ago
Absci: AI-Driven Platform Could Establish Best-In-Class TL1A Drug Targeting Profile Absci Corporation's initiation of a phase 1 study using ABS-101 for the treatment of patients with IBD expected early 2025, with interim data to be released in the 2nd half of 2025. ABS-101 aims to differentiate itself with unique features like de novo antibody creation, multiparameter lead optimization, and reverse immunology, potentially offering superior potency and dosing flexibility. The global Crohn's Disease treatment market is expected to reach $17.80 billion by 2033. seekingalpha.com - 1 month ago
Cathie Wood Goes Bargain Hunting: 3 Stocks She Just Bought Cathie Wood bought shares of Tempus AI, Blade Air Mobility, and Absci on Thursday. Tempus AI was a broken IPO shortly after going public two months ago, but it soared 34% in August. fool.com - 2 months ago
Absci to Participate in Upcoming Investor Conferences VANCOUVER, Wash. and NEW YORK, Aug. 21, 2024 (GLOBE NEWSWIRE) -- Absci Corporation (Nasdaq: ABSI), a data-first generative AI drug creation company, today announced the company will be participating in the following upcoming investor conferences. globenewswire.com - 2 months ago
Absci Corporation (ABSI) Q2 2024 Earnings Call Transcript Absci Corporation (NASDAQ:ABSI ) Q2 2024 Earnings Conference Call August 14, 2024 4:30 PM ET Company Participants Alex Khan - VP, Finance and IR Sean McClain - Founder and CEO Zach Jonasson - CFO and Chief Business Officer Christian Stegmann - SVP of Drug Creation Conference Call Participants Steven Mah - TD Cowen Srikripa Devarakonda - Truist George Farmer - Scotiabank Scott Schoenhaus - KeyBanc Operator Good day and thank you for standing by. Welcome to the Absci Second Quarter 2024 Business Update Conference Call. seekingalpha.com - 3 months ago
Absci Corporation (ABSI) Reports Q2 Loss, Lags Revenue Estimates Absci Corporation (ABSI) came out with a quarterly loss of $0.22 per share versus the Zacks Consensus Estimate of a loss of $0.19. This compares to loss of $0.27 per share a year ago. zacks.com - 3 months ago
Absci Reports Business Updates and Second Quarter 2024 Financial and Operating Results Released results from non-human primate studies for ABS-101, demonstrating 2-3x extended half-life as compared to antibodies in clinical development globenewswire.com - 3 months ago
Absci Collaborates with Global Cancer Center to Discover Novel Therapeutics Using Generative AI The collaboration unites Absci's Generative AI Drug Creation Platform with leading oncology experts to co-develop up to six novel cancer therapeutics The collaboration unites Absci's Generative AI Drug Creation Platform with leading oncology experts to co-develop up to six novel cancer therapeutics globenewswire.com - 3 months ago
8. Profile Summary

Absci Corporation ABSI

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COUNTRY US
INDUSTRY Biotechnology
MARKET CAP $ 326 M
Dividend Yield 0.00%
Description Absci Corporation, a drug and target discovery company, provides biologic drug candidates and production cell lines using integrated drug creation platform for partners in the United States. Its integrated drug creation platform enables the creation of biologics by unifying the drug discovery and cell line development processes into one process. Absci Corporation was founded in 2011 and is headquartered in Vancouver, Washington.
Contact 18105 SE Mill Plain Boulevard, Vancouver, WA, 98683 https://www.absci.com
IPO Date July 22, 2021
Employees 155
Officers Dr. Andreas Busch Ph.D. Chief Innovation Officer & Member of Scientific Advisory Board Ms. Shelby Walker J.D. Chief Legal Officer Jens Plassmeier Ph.D. Senior Vice President of Synthetic Biology R&D Mr. Sean McClain Founder, Chief Executive Officer, President & Director Mr. Alexander Khan CPA Vice President of Finance & Head of Investor Relations Mr. Todd Bedrick CPA Senior Vice President & Chief Accounting Officer Dr. Zachariah Jonasson Ph.D. Chief Business Officer & Chief Financial Officer Ms. Karin Wierinck Chief People Officer Melissa Patterson Ph.D. Chief of Staff Mr. Wen Sha Chief of Staff