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Absci Corp has a consensus price target of $11.2 based on the ratings of 12 analysts. The high is $28 issued by Berenberg on February 1, 2022. The low is $5 issued by Keybanc on January 8, 2025. The 3 most-recent analyst ratings were released by Needham, HC Wainwright & Co., and HC Wainwright & Co. on January 22, 2025, January 17, 2025, and January 10, 2025, respectively. With an average price target of $7.67 between Needham, HC Wainwright & Co., and HC Wainwright & Co., there's an implied 94.09% upside for Absci Corp from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Absci (NASDAQ:ABSI) was reported by Needham on January 22, 2025. The analyst firm set a price target for $9.00 expecting ABSI to rise to within 12 months (a possible 127.85% upside). 18 analyst firms have reported ratings in the last year.
The latest analyst rating for Absci (NASDAQ:ABSI) was provided by Needham, and Absci initiated their buy rating.
The last upgrade for Absci Corp happened on August 12, 2022 when Cowen & Co. raised their price target to N/A. Cowen & Co. previously had a market perform for Absci Corp.
The last downgrade for Absci Corp happened on August 12, 2022 when JP Morgan changed their price target from N/A to N/A for Absci Corp.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Absci, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Absci was filed on January 22, 2025 so you should expect the next rating to be made available sometime around January 22, 2026.
While ratings are subjective and will change, the latest Absci (ABSI) rating was a initiated with a price target of $0.00 to $9.00. The current price Absci (ABSI) is trading at is $3.95, which is within the analyst’s predicted range.
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