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ADAPTIVE BIOTECHNOLOGIES

ADPTNASDAQ
๐Ÿ† #1344 by market capEarnings Nov 4US Equity
$25.14โ–ผ $0.25 (โˆ’1.00%)
Live
1hโ–ฒ 0.3%
24hโ–ผ 1.0%
7dโ–ฒ 2.2%
14dโ–ฒ 11.2%
30dโ–ฒ 19.5%
1yโ–ฒ 98.5%
๐ŸฆMarket Cap
$4.00B
Small Cap
๐Ÿ“ˆRevenue Growth (YoY)
+50.1%
High Growth
๐Ÿ“ŠGross Margin
75.6%
High
๐Ÿ’ตFCF Margin
โ€”
โš–๏ธP/S Ratio
13.3x
Elevated
Otter Score
41
Weak

Trading Snapshot

Day Range
$24.99 โ€“ $25.33
52-Week Range
$11.85 โ€“ $26.16
Volume
$1.92B
Avg Volume
$1.84B
Shares Outstanding
159.1M
Next Earnings
Sep 22, 2026

Fundamentals Snapshot

Annual Revenue
$277M
Last Q Revenue
$72M
P/E Ratio
โ€”
P/S Ratio
13.3x
EPS (TTM)
$-0.41
Dividend Yield
โ€”

Why Investors Own ADPT

  • โœ“High-growth profile โ€” revenue up +50.4% YoY with expanding US Equity exposure.
  • โœ“Healthy economics โ€” 75% gross margin and 21% free-cash-flow margin.
  • โœ“New products and segments could unlock additional revenue streams.
โš ๏ธ Key Risks

Execution delays, intensifying competition, and valuation compression if growth decelerates.

Financial Trends

Revenue (TTM)
$277Mโ–ฒ +49.8% YoY
Gross Margin (TTM)
75.1%โ–ฒ +4.2% YoY
Operating Income (TTM)
$40Mโ–ฒ +49.8% YoY
Free Cash Flow (TTM)
$57Mโ–ฒ +49.8% YoY

About 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.

๐Ÿฆฆ

Otter Score Breakdown

โ“˜
๐Ÿ’ŽQualityโ˜…โ˜…โ˜…โ˜…โ˜…
๐Ÿš€Growthโ˜…โ˜…โ˜…โ˜…โ˜…
โš–๏ธValuationโ˜…โ˜…โ˜…โ˜…โ˜…
โšกMomentumโ˜…โ˜…โ˜…โ˜…โ˜…
Overall Score
Weak
41/100

Analyst Ratings

โ“˜
Consensus
Buy
14 analysts
Strong Buy5
Buy7
Hold2
Sell0
Strong Sell0
Ratings as of Aug 2026

Latest News & Updates

๐Ÿš€
Benzingaยท8d ago

Piper Sandler Maintains Overweight on Adaptive Biotechnologies, Raises Price Target to $27.5

Piper Sandler analyst David Westenberg maintains Adaptive Biotechnologies (NASDAQ:ADPT) with a Overweight and raises the price target from $20 to $27.5.

SeekingAlphaยท11d ago

Adaptive Biotechnologies: The MRD Separation Creates A Pure-Play Compounder

Adaptive Biotechnologies (ADPT) pivots to pure-play MRD diagnostics as clonoSEQ adoption, margins & backlog surge.

๐ŸŒŒ
Benzingaยท13d ago

Morgan Stanley Maintains Equal-Weight on Adaptive Biotechnologies, Raises Price Target to $22

Morgan Stanley analyst Tejas Savant maintains Adaptive Biotechnologies (NASDAQ:ADPT) with a Equal-Weight and raises the price target from $20 to $22.

๐Ÿš€
Benzingaยท13d ago

TD Cowen Maintains Buy on Adaptive Biotechnologies, Raises Price Target to $28

TD Cowen analyst Dan Brennan maintains Adaptive Biotechnologies (NASDAQ:ADPT) with a Buy and raises the price target from $25 to $28.

๐Ÿ›ฐ๏ธ
Benzingaยท13d ago

Guggenheim Maintains Buy on Adaptive Biotechnologies, Raises Price Target to $25

Guggenheim analyst Subbu Nambi maintains Adaptive Biotechnologies (NASDAQ:ADPT) with a Buy and raises the price target from $22 to $25.

SeekingAlphaยท13d ago

Adaptive Biotechnologies Corporation 2026 Q2 - Results - Earnings Call Presentation

2026-07-30. The following slide deck was published by Adaptive Biotechnologies Corporation in conjunction with their 2026 Q2 earnings call.