Analyst Price Target is $6.50
▲ +16.49% Upside Potential
This price target is based on 4 analysts offering 12 month price targets for Adaptive Biotechnologies in the last 3 months. The average price target is $6.50, with a high forecast of $8.00 and a low forecast of $5.00. The average price target represents a 16.49% upside from the last price of $5.58.
Current Consensus is
Moderate Buy
The current consensus among 4 investment analysts is to moderate buy stock in Adaptive Biotechnologies. This rating has held steady since January 2024, when it changed from a Hold consensus rating.
Adaptive Biotechnologies Corporation, a commercial-stage company, develops an immune medicine platform for the diagnosis and treatment of various diseases. The company offers immunosequencing platform which combines a suite of proprietary chemistry, computational biology, and machine learning to generate clinical immunomics data to decode the adaptive immune system. It also provides clonoSEQ diagnostic test which detects and monitors the remaining number of cancer cells that are present in a patient's body during and after treatment, known as Minimal Residual Disease (MRD). The company 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.
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