ADPT - Adaptive Biotechnologies Corp Stock Price, Fair Value and News

3.57USD+0.39 (+12.26%)Market Closed

Market Summary

USD3.57+0.39

Market Closed

12.26%

ADPT Alerts

Losses in recent quarter

ADPT Stock Price

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ADPT RSI Chart

ADPT Valuation

Market Cap

468.6M

Price/Earnings (Trailing)

-2.18

Price/Sales (Trailing)

2.69

Price/Free Cashflow

-3.24

ADPT Price/Sales (Trailing)

ADPT Profitability

Return on Equity

-78.27%

Return on Assets

-34.67%

Free Cashflow Yield

-30.9%

ADPT Fundamentals

ADPT Revenue

Revenue (TTM)

174.5M

Rev. Growth (Yr)

11.23%

Rev. Growth (Qtr)

-8.54%

ADPT Earnings

Earnings (TTM)

-215.1M

Earnings Growth (Yr)

17.66%

Earnings Growth (Qtr)

31.59%

Breaking Down ADPT Revenue

Last 7 days

14.0%

Last 30 days

12.4%

Last 90 days

-13.3%

Trailing 12 Months

-54.6%

How does ADPT drawdown profile look like?

ADPT Financial Health

Current Ratio

4.51

Debt/Equity

0.48

Debt/Cashflow

-1.03

ADPT Investor Care

Shares Dilution (1Y)

2.12%

Diluted EPS (TTM)

-1.49

Historical Charts for Stock Metrics

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Net sales

Year	Q1	Q2	Q3	Q4
2024	174.5M	0	0	0
2023	184.3M	189.6M	179.7M	170.3M
2022	154.5M	159.7M	168.0M	185.3M
2021	115.9M	133.4M	146.6M	154.3M
2020	93.3M	92.2M	92.4M	98.4M
2019	58.6M	69.2M	78.1M	85.1M
2018	0	44.2M	49.9M	55.7M
2017	0	0	0	38.4M

Get all data in R, Python etc through our Historical Stock Data APIs

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Tracking the Latest Insider Buys and Sells of Adaptive Biotechnologies Corp

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Mar 12, 2024	neupert peter m	acquired	12,600	0.84	15,000	-
Mar 05, 2024	peterson tycho	sold	-53,168	3.44	-15,456	chief financial officer
Mar 05, 2024	taylor stacy l	sold	-45,962	3.43494	-13,381	svp and general counsel
Mar 05, 2024	lo francis	sold	-50,439	3.43123	-14,700	chief people officer
Mar 05, 2024	piskel kyle	sold	-26,503	3.43	-7,727	principal accounting officer
Mar 05, 2024	rubinstein julie	sold	-135,764	3.47489	-39,070	president
Mar 05, 2024	bobulsky susan	sold	-44,628	3.43537	-12,991	chief commercial officer, mrd
Mar 05, 2024	robins chad m	sold	-167,007	3.43121	-48,673	ceo and chairman
Mar 05, 2024	benzeno sharon	sold	-100,994	3.43634	-29,390	chief commercial ofc imm med
Mar 04, 2024	lo francis	acquired	-	-	99,976	chief people officer

Which funds bought or sold ADPT recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
May 08, 2024	US BANCORP \DE\	reduced	-8.9	-219,243	324,544	-%
May 08, 2024	STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM	reduced	-0.37	138,595	312,829	-%
May 08, 2024	ProShare Advisors LLC	added	9.00	-39,302	98,152	-%
May 08, 2024	Russell Investments Group, Ltd.	sold off	-100	-399,814	-	-%
May 07, 2024	Swiss National Bank	unchanged	-	-337,324	640,716	-%
May 07, 2024	Arizona State Retirement System	reduced	-1.6	-49,293	89,402	-%
May 07, 2024	SUSQUEHANNA INTERNATIONAL GROUP, LLP	reduced	-10.02	-245,128	351,986	-%
May 07, 2024	SEI INVESTMENTS CO	added	0.06	-109,358	208,064	-%
May 07, 2024	Susquehanna Portfolio Strategies, LLC	sold off	-100	-539,137	-	-%
May 07, 2024	SUSQUEHANNA FUNDAMENTAL INVESTMENTS, LLC	new	-	70,928	70,928	-%

Are Funds Buying or Selling ADPT?

Are funds buying ADPT calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own ADPT

No. of Funds

ADPT Alerts

Losses in recent quarter

Unveiling Adaptive Biotechnologies Corp's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 14, 2024	viking global investors lp	20.7%	29,993,708	SC 13G/A
Feb 13, 2024	vanguard group inc	8.82%	12,767,684	SC 13G/A
Jan 29, 2024	ark investment management llc	8.85%	12,806,513	SC 13G/A
Jan 26, 2024	blackrock inc.	7.9%	11,421,554	SC 13G
Feb 13, 2023	blackrock inc.	8.7%	12,374,197	SC 13G
Feb 10, 2023	ark investment management llc	6.43%	9,201,245	SC 13G
Feb 09, 2023	vanguard group inc	8.25%	11,794,168	SC 13G/A
Sep 12, 2022	price t rowe associates inc /md/	2.9%	4,081,518	SC 13G/A
Feb 14, 2022	matrix capital management company, lp	8.20%	11,572,590	SC 13G/A
Feb 14, 2022	viking global investors lp	21.3%	29,993,708	SC 13G/A

Recent SEC filings of Adaptive Biotechnologies Corp

View All Filings

Date Filed	Form Type	Document
May 07, 2024	10-Q	Quarterly Report
May 07, 2024	8-K	Current Report
Apr 26, 2024	ARS	ARS
Apr 26, 2024	DEF 14A	DEF 14A
Apr 26, 2024	DEFA14A	DEFA14A
Apr 09, 2024	8-K	Current Report
Apr 05, 2024	8-K	Current Report
Apr 02, 2024	8-K	Current Report
Mar 13, 2024	4	Insider Trading
Mar 06, 2024	4	Insider Trading

Peers (Alternatives to Adaptive Biotechnologies Corp)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
MRNA	47.0B	6.8B	16.03%	-8.84%	-7.88	6.87	-64.45%	-224.75%
HILS	22.4B	152.6K	-0.77%	465779.94%	-2.4K	146.8K	-	-9.98%
ALNY	19.2B	2.0B	-2.41%	-26.73%	-57.69	9.56	75.20%	68.82%
BMRN	15.5B	2.5B	-6.28%	-14.44%	75.54	6.28	13.74%	186.89%
INCY	12.0B	3.8B	-2.82%	-17.40%	16.12	3.19	8.58%	129.81%
MID-CAP
BBIO	5.2B	107.9M	-2.02%	101.31%	-9.48	48.09	54.84%	-28.31%
APLS	5.1B	524.1M	-21.41%	-52.73%	-12.3	9.8	394.93%	39.61%
AXSM	3.6B	251.0M	5.14%	-1.20%	-12.13	14.32	73.58%	-86.73%
ARWR	3.1B	240.7M	-1.87%	-37.68%	-10.53	12.18	-1.03%	-92.09%
ACAD	2.8B	726.4M	-3.99%	-20.25%	-46.06	3.89	40.45%	71.62%
SMALL-CAP
CPRX	1.9B	411.3M	-5.16%	-15.46%	28.42	4.5	60.38%	-34.49%
NVAX	627.0M	983.7M	0.90%	-53.05%	-1.15	0.64	-50.36%	17.16%
CRBP	467.5M	881.7K	5.23%	376.44%	-13.85	481.06	-77.61%	33.36%
INO	260.8M	4.9M	-3.00%	9.13%	-1.93	53.59	-54.97%	51.71%
IBIO	6.4M	2.1M	-15.93%	74.31%	-0.24	2.14	-13.45%	66.37%

Adaptive Biotechnologies Corp News

Latest updates

Adaptive Biotechnologies Corp Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

Income Statement (Quarterly)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Revenue	-8.5%	41,873,000	45,784,000	37,919,000	48,926,000	37,647,000	55,198,000	47,830,000	43,660,000	38,620,000	37,930,000	39,467,000	38,505,000	38,442,000	30,185,000	26,299,000	20,988,000	20,910,000	24,209,000	26,058,000	22,138,000	12,666,000
Costs and Expenses	-22.4%	90,635,000	116,852,000	88,875,000	96,744,000	94,840,000	94,384,000	93,261,000	96,162,000	101,687,000	99,526,000	95,792,000	88,270,000	79,722,000	74,424,000	63,348,000	57,897,000	55,530,000	48,397,000	44,111,000	38,243,000	32,711,000
S&GA Expenses	1.9%	22,319,000	21,906,000	20,493,000	23,872,000	22,308,000	23,716,000	21,513,000	24,281,000	26,093,000	26,696,000	24,949,000	23,216,000	20,604,000	18,545,000	14,474,000	14,332,000	14,007,000	12,640,000	9,099,000	8,897,000	7,817,000
R&D Expenses	5.2%	30,245,000	28,746,000	28,533,000	32,237,000	32,601,000	31,222,000	35,658,000	37,037,000	37,839,000	34,699,000	36,072,000	37,800,000	33,772,000	35,831,000	30,314,000	25,992,000	23,935,000	21,189,000	20,506,000	16,527,000	12,483,000
EBITDA Margin	-	-	-	-	-	-	-	-	-1.19	-1.25	-1.26	-	-	-1.07	-1.26	-0.50	-0.50	-0.50	-0.54	-	-	-
Interest Expenses	-0.6%	2,993,000	3,012,000	3,652,000	3,605,000	3,531,000	-	653,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Income Taxes	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	688,000	-1,481,000	-323,000	-	-	-	-
EBT Margin	-	-	-	-	-	-	-	-	-1.30	-1.34	-1.34	-	-	-1.26	-1.49	-0.74	-0.74	-0.74	-0.81	-	-	-
Net Income	31.6%	-47,507,000	-69,441,000	-50,300,000	-47,810,000	-57,699,000	-40,128,000	-45,281,000	-52,046,000	-62,736,000	-58,084,500	-55,903,000	-55,998,000	-40,642,000	-44,570,000	-36,719,000	-33,535,000	-31,403,000	-20,611,000	-13,950,000	-15,659,000	-18,386,000
Net Income Margin	6.8%	-1.23	-1.32	-1.09	-1.01	-1.06	-1.08	-1.30	-1.43	-1.51	-1.36	-1.34	-1.33	-	-	-	-	-	-	-	-	-
Free Cashflow	-41.2%	-39,864,000	-28,230,000	-49,462,000	-27,253,000	-62,076,000	-32,561,000	-47,840,000	-52,363,000	-67,530,000	-63,071,000	-58,062,000	-59,254,000	-	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Assets	-6.2%	620	661	718	765	791	857	884	807	858	923	993	1,033	1,072	1,116	1,095	855	875	912	917	601	467
Current Assets	-8.8%	374	410	435	477	501	562	564	439	419	403	467	644	765	727	877	600	585	613	601	442	-
Cash Equivalents	9.5%	71.00	65.00	89.00	109	95.00	90.00	218	76.00	115	139	122	184	174	123	497	365	213	97.00	75.00	48.00	-
Inventory	-8.0%	13.00	14.00	19.00	19.00	20.00	14.00	17.00	19.00	21.00	19.00	18.00	19.00	17.00	14.00	11.00	11.00	11.00	9.00	9.00	8.00	-
Net PPE	-4.3%	65.00	68.00	77.00	79.00	81.00	83.00	87.00	87.00	86.00	85.00	88.00	75.00	56.00	40.00	31.00	27.00	25.00	60.00	47.00	22.00	-
Goodwill	0%	119	119	119	119	119	119	119	119	119	119	119	119	119	119	119	119	119	119	119	119	-
Liabilities	-2.1%	346	353	356	369	368	393	396	288	305	319	341	340	346	373	320	325	323	341	331	324	177
Current Liabilities	-5.8%	83.00	88.00	93.00	95.00	90.00	110	104	111	115	114	122	117	107	105	101	93.00	78.00	78.00	73.00	75.00	-
Long Term Debt	0.7%	132	131	127	-	-	125	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
LT Debt, Non Current	-100.0%	-	131	127	-	-	125	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Shareholder's Equity	-10.9%	275	308	362	396	424	464	488	518	553	604	652	693	726	743	775	530	552	571	586	-	-
Retained Earnings	-4.2%	-1,191	-1,144	-1,074	-1,024	-976	-919	-878	-833	-781	-718	-657	-601	-552	-511	-467	-430	-396	-365	-344	-330	-
Additional Paid-In Capital	1.0%	1,467	1,453	1,437	1,422	1,403	1,387	1,373	1,358	1,340	1,324	1,309	1,295	1,277	1,254	1,241	958	945	936	930	46.00	-
Shares Outstanding	1.6%	147	145	145	145	144	143	143	142	142	140	140	140	-	-	-	-	-	-	-	-	-
Minority Interest	-21.5%	-0.15	-0.12	-0.09	-0.07	-0.07	-0.07	-0.03	0.00	0.00	0.00	0.00	0.00	0.00	-	-	-	-	-	-	-	-
Float	-	-	-	-	756	-	-	-	899	-	-	-	3,951	-	-	-	3,590	-	-	-	2,009	-

Cashflow (Last 12 Months)

(In Thousands)

Cashflow (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Cashflow From Operations	-42.4%	-38,353	-26,932	-46,684	-23,556	-59,152	-30,019	-42,408	-47,065	-64,453	-53,826	-43,443	-37,213	-58,245	-39,844	-47,156	-31,077	-31,606	-26,791	-30,138	-15,970	278,303
Share Based Compensation	-8.1%	14,298	15,556	15,336	17,345	14,671	14,294	14,142	14,180	12,861	11,875	11,643	11,249	8,484	7,243	6,470	6,373	4,675	3,445	3,300	3,300	3,046
Cashflow From Investing	1287.9%	44,509	3,207	26,138	37,323	62,979	-97,544	58,015	4,746	37,688	67,212	-21,268	41,447	93,819	-340,049	-97,246	177,492	142,759	46,680	-260,852	-45,349	-222,176
Cashflow From Financing	-49.4%	44.00	87.00	17.00	1,469	672	6.00	125,520	3,990	2,749	3,278	2,926	6,328	14,614	6,253	276,038	6,337	4,959	1,746	319,550	-1,504	124

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ADPT Income Statement

2024-03-31

Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
$ in Thousands

3 Months Ended

Mar. 31, 2024

Mar. 31, 2023

Revenues [Abstract]

Revenue

$ 41,873

$ 37,647

Operating expenses

Cost of revenue

18,051

18,681

Research and development

30,245

32,601

Sales and marketing

22,319

22,308

General and administrative

19,597

20,831

Amortization of intangible assets

423

419

Total operating expenses

90,635

94,840

Loss from operations

(48,762)

(57,193)

Interest and other income, net

4,222

3,024

Interest expense

^[1]

(2,993)

(3,531)

Net loss

(47,533)

(57,700)

Add: Net loss attributable to noncontrolling interest

Net loss attributable to Adaptive Biotechnologies Corporation

$ (47,507)

$ (57,699)

Net loss per share attributable to Adaptive Biotechnologies Corporation common shareholders, basic

$ (0.33)

$ (0.40)

Weighted-average shares used in computing net loss per share attributable to Adaptive Biotechnologies Corporation common shareholders, basic

145,787,527

143,511,142

Net loss per share attributable to Adaptive Biotechnologies Corporation common shareholders, diluted

$ (0.33)

$ (0.40)

Weighted-average shares used in computing net loss per share attributable to Adaptive Biotechnologies Corporation common shareholders, diluted

145,787,527

143,511,142

[1]	Represents costs associated with our revenue interest liability and noncash interest costs associated with the amortization of the related deferred issuance costs. See Note 8, Revenue Interest Purchase Agreement for details on the Purchase Agreement.

ADPT Balance Sheet

2024-03-31

Condensed Consolidated Balance Sheets (Unaudited) - USD ($) $ in Thousands	Mar. 31, 2024	Dec. 31, 2023
Current assets
Cash and cash equivalents	$ 71,233	$ 65,064
Short-term marketable securities (amortized cost of $237,745 and $281,122, respectively)	237,639	281,337
Accounts receivable, net	42,021	37,969
Inventory	13,291	14,448
Prepaid expenses and other current assets	9,850	11,370
Total current assets	374,034	410,188
Long-term assets
Property and equipment, net	65,260	68,227
Operating lease right-of-use assets	50,999	52,096
Restricted cash	2,963	2,932
Intangible assets, net	4,705	5,128
Goodwill	118,972	118,972
Other assets	3,390	3,591
Total assets	620,323	661,134
Current liabilities
Accounts payable	12,170	7,719
Accrued liabilities	7,914	8,597
Accrued compensation and benefits	6,404	13,685
Current portion of operating lease liabilities	9,594	9,384
Current portion of deferred revenue	46,870	48,630
Total current liabilities	82,952	88,015
Long-term liabilities
Operating lease liabilities, less current portion	86,900	89,388
Deferred revenue, less current portion	44,160	44,793
Revenue interest liability, net	131,545	130,660
Total liabilities	345,557	352,856
Commitments and contingencies (Note 9)
Shareholders’ equity
Preferred stock: $0.0001 par value, 10,000,000 shares authorized at March 31, 2024 and December 31, 2023; no shares issued and outstanding at March 31, 2024 and December 31, 2023
Common stock: $0.0001 par value, 340,000,000 shares authorized at March 31, 2024 and December 31, 2023; 147,368,324 and 145,082,271 shares issued and outstanding at March 31, 2024 and December 31, 2023, respectively	14	14
Additional paid-in capital	1,466,844	1,452,502
Accumulated other comprehensive (loss) gain	(106)	215
Accumulated deficit	(1,191,839)	(1,144,332)
Total Adaptive Biotechnologies Corporation shareholders’ equity	274,913	308,399
Noncontrolling interest	(147)	(121)
Total shareholders’ equity	274,766	308,278
Total liabilities and shareholders’ equity	$ 620,323	$ 661,134

About Adaptive Biotechnologies Corp

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. 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. 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 and autoimmune disorders. It offers products and services for 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.

CEO	Mr. Chad M. Robins M.B.A, M.B.A.
WEBSITE	adaptivebiotech.com
INDUSTRY	Biotechnology
EMPLOYEES	790

Adaptive Biotechnologies Corp Frequently Asked Questions

What is the ticker symbol for Adaptive Biotechnologies Corp? What does ADPT stand for in stocks?

ADPT is the stock ticker symbol of Adaptive Biotechnologies Corp. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Adaptive Biotechnologies Corp (ADPT)?

As of Wed May 08 2024, market cap of Adaptive Biotechnologies Corp is 468.63 Million. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of ADPT stock?

You can check ADPT's fair value in chart for subscribers.

What is the fair value of ADPT stock?

You can check ADPT's fair value in chart for subscribers. The fair value of Adaptive Biotechnologies Corp is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Adaptive Biotechnologies Corp is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for ADPT so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Adaptive Biotechnologies Corp a good stock to buy?

The fair value guage provides a quick view whether ADPT is over valued or under valued. Whether Adaptive Biotechnologies Corp is cheap or expensive depends on the assumptions which impact Adaptive Biotechnologies Corp's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for ADPT.

What is Adaptive Biotechnologies Corp's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Wed May 08 2024, ADPT's PE ratio (Price to Earnings) is -2.18 and Price to Sales (PS) ratio is 2.69. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. ADPT PE ratio will change depending on the future growth rate expectations of investors.