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NASDAQ: ABSI
Absci Corp Stock Forecast, Predictions & Price Target

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Analyst price target for ABSI

Based on 5 analysts offering 12 month price targets for Absci Corp.
Min Forecast
$8.00+159.74%
Avg Forecast
$14.00+354.55%
Max Forecast
$28.00+809.09%

Should I buy or sell ABSI stock?

Based on 7 analysts offering ratings for Absci Corp.
Buy
Strong Buy
2 analysts 28.57%
Buy
2 analysts 28.57%
Hold
1 analysts 14.29%
Sell
1 analysts 14.29%
Strong Sell
1 analysts 14.29%

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ABSI stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
JP Morgan
Top 31%
70
Strong SellDowngradesN/AN/A2022-08-12
Credit Suisse
Bottom 3%
3
BuyMaintains$14.00+354.55%2022-08-12
Cowen & Co.
Bottom 1%
1
BuyUpgradesN/AN/A2022-08-12
Truist Securities
Bottom 16%
16
Strong BuyInitiates Coverage On$8.00+159.74%2022-07-18
Stifel Nicolaus
Top 9%
92
HoldMaintains$10.00+224.68%2022-05-31
Berenberg
Bottom 16%
16
Strong BuyInitiates Coverage On$28.00+809.09%2022-02-01
Bank of America
Bottom 14%
14
SellDowngrades$10.00+224.68%2021-11-10

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Forecast return on equity

Is ABSI forecast to generate an efficient return?
Company
-17.03%
Industry
22.46%
Market
122.06%
ABSI's Return on Equity is... subscribe to Premium to read more.
Forecast High Return on Equity Forecast

Forecast return on assets

Is ABSI forecast to generate an efficient return on assets?
Company
-14.7%
Industry
13.57%
ABSI is forecast to generate... subscribe to Premium to read more.
Forecast Return on Assets vs Industry Forecast

ABSI earnings per share forecast

What is ABSI's earnings per share in the next 3 years based on estimates from 4 analysts?
Avg 1 year Forecast
-$1.12
Avg 2 year Forecast
-$0.96
Avg 3 year Forecast
-$0.76

ABSI revenue forecast

What is ABSI's revenue in the next 3 years based on estimates from 4 analysts?
Avg 1 year Forecast
$7.4M+53.57%
Avg 2 year Forecast
$16.4M+241.79%
Avg 3 year Forecast
$27.7M+476.33%
ABSI's revenue is forecast to... subscribe to Premium to read more.
Forecast High Revenue Growth Forecast

ABSI revenue growth forecast

How is ABSI forecast to perform vs Biotechnology companies and vs the US market?
Company
78.27%
Industry
23.83%
Market
8.53%
ABSI's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
ABSI's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Market Forecast

ABSI vs Biotech Stocks

TickerPricePrice TargetUp/downsideConsensus
ABSI$3.08$14.00+354.55%Buy
CMPX$2.80$9.71+246.93%Strong Buy
CBAY$3.41$10.67+212.82%Strong Buy
OTLK$1.25$10.00+700.00%Strong Buy
AFMD$2.00$9.50+375.00%Strong Buy

Absci Stock Forecast FAQ

Is Absci Stock a good buy in 2022, according to Wall Street analysts?

The consensus among 7 Wall Street analysts covering (NASDAQ: ABSI) stock is to Buy ABSI stock.

Out of 7 analysts, 2 (28.57%) are recommending ABSI as a Strong Buy, 2 (28.57%) are recommending ABSI as a Buy, 1 (14.29%) are recommending ABSI as a Hold, 1 (14.29%) are recommending ABSI as a Sell, and 1 (14.29%) are recommending ABSI as a Strong Sell.

If you're new to stock investing, here's how to buy Absci stock.

What is ABSI's earnings growth forecast for 2022-2024?

(NASDAQ: ABSI) Absci's forecast annual earnings growth rate of N/A is not forecast to beat the US Biotechnology industry's average forecast earnings growth rate of 8.86%, and while it is not forecast to beat the US market's average forecast earnings growth rate of 16.88%.

Absci's earnings in 2022 is -$107,216,000.On average, 4 Wall Street analysts forecast ABSI's earnings for 2022 to be -$103,984,770, with the lowest ABSI earnings forecast at -$116,054,431, and the highest ABSI earnings forecast at -$88,201,368. On average, 4 Wall Street analysts forecast ABSI's earnings for 2023 to be -$89,129,803, with the lowest ABSI earnings forecast at -$122,553,479, and the highest ABSI earnings forecast at -$70,561,094.

In 2024, ABSI is forecast to generate -$70,561,094 in earnings, with the lowest earnings forecast at -$77,988,578 and the highest earnings forecast at -$57,562,998.

What is ABSI's revenue growth forecast for 2022-2024?

(NASDAQ: ABSI) Absci's forecast annual revenue growth rate of 78.27% is forecast to beat the US Biotechnology industry's average forecast revenue growth rate of 23.83%, and and it is also forecast to beat the US market's average forecast revenue growth rate of 8.53%.

Absci's revenue in 2022 is $4,812,000.On average, 4 Wall Street analysts forecast ABSI's revenue for 2022 to be $686,113,798, with the lowest ABSI revenue forecast at $649,904,815, and the highest ABSI revenue forecast at $733,464,006. On average, 4 Wall Street analysts forecast ABSI's revenue for 2023 to be $1,526,997,785, with the lowest ABSI revenue forecast at $1,299,809,630, and the highest ABSI revenue forecast at $1,717,605,583.

In 2024, ABSI is forecast to generate $2,574,830,033 in revenue, with the lowest revenue forecast at $2,413,932,170 and the highest revenue forecast at $2,785,306,350.

What is ABSI's forecast return on assets (ROA) for 2022-2025?

(NASDAQ: ABSI) forecast ROA is -14.7%, which is lower than the forecast US Biotechnology industry average of 13.57%.

What is ABSI's Price Target?

According to 5 Wall Street analysts that have issued a 1 year ABSI price target, the average ABSI price target is $14.00, with the highest ABSI stock price forecast at $28.00 and the lowest ABSI stock price forecast at $8.00.

On average, Wall Street analysts predict that Absci's share price could reach $14.00 by Aug 12, 2023. The average Absci stock price prediction forecasts a potential upside of 354.55% from the current ABSI share price of $3.08.

What is ABSI's Earnings Per Share (EPS) forecast for 2022-2024?

(NASDAQ: ABSI) Absci's current Earnings Per Share (EPS) is -$0.90. On average, analysts forecast that ABSI's EPS will be -$1.12 for 2022, with the lowest EPS forecast at -$1.25, and the highest EPS forecast at -$0.95. On average, analysts forecast that ABSI's EPS will be -$0.96 for 2023, with the lowest EPS forecast at -$1.32, and the highest EPS forecast at -$0.76. In 2024, ABSI's EPS is forecast to hit -$0.76 (min: -$0.84, max: -$0.62).

What is ABSI's forecast return on equity (ROE) for 2022-2025?

(NASDAQ: ABSI) forecast ROE is -17.03%, which is considered weak.
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