ADAPTIVE BIOTECHNOLOGIES
ADPTNASDAQTrading Snapshot
- Day Range
- $28.56 β $28.96
- 52-Week Range
- $12.00 β $29.96
- Volume
- $1.92B
- Avg Volume
- $1.84B
- Shares Outstanding
- 159.1M
- Next Earnings
- Nov 10, 2026
Fundamentals Snapshot
- Annual Revenue
- $277M
- Last Q Revenue
- $72M
- P/E Ratio
- β
- P/S Ratio
- 14.9x
- EPS (TTM)
- $-0.41
- Dividend Yield
- β
- Dilution (1yr)
- +4.1%
Why Investors Own ADPT
- βHigh-growth profile β revenue up +50.4% YoY with expanding US Equity exposure.
- βHealthy economics β 75% gross margin and 21% free-cash-flow margin.
- βNew products and segments could unlock additional revenue streams.
Execution delays, intensifying competition, and valuation compression if growth decelerates.
ADAPTIVE BIOTECHNOLOGIES
ADPTAbout 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.
Otter Score Breakdown
How it's scoredFive components, each rated 1β5β and equally weighted (20%), averaged to a 0β100 score:π Quality β gross marginπ Growth β revenue YoYβοΈ Valuation β P/S ratioβ‘ Momentum β 30-day price changeπ§ Dilution β 1-yr share issuance (buybacks score higher)Analyst Price Target
βLatest News & Updates
ADAPTIVE BIOTECHNOLOGIES tops quarterly estimates as demand accelerates
Revenue grew double digits with management guiding above consensus; margins continued to expand.
Analysts lift ADPT price targets on improving margins
Several firms raised targets, citing stronger free cash flow and a healthier backlog.
ADAPTIVE BIOTECHNOLOGIES announces new agreement to expand its footprint
The move broadens the companyβs reach and could add incremental revenue over the next year.