Adaptive Biotechnologies Corp has a consensus price target of $8.29 based on the ratings of 7 analysts. The high is $15 issued by Scotiabank on January 5, 2023. The low is $5 issued by Goldman Sachs on February 16, 2024. The 3 most-recent analyst ratings were released by Piper Sandler, BTIG, and JP Morgan on November 11, 2024, October 2, 2024, and August 2, 2024, respectively. With an average price target of $7 between Piper Sandler, BTIG, and JP Morgan, there's an implied 52.08% upside for Adaptive Biotechnologies Corp from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Adaptive Biotechnologies (NASDAQ:ADPT) was reported by Piper Sandler on November 11, 2024. The analyst firm set a price target for $7.00 expecting ADPT to rise to within 12 months (a possible 52.08% upside). 7 analyst firms have reported ratings in the last year.
The latest analyst rating for Adaptive Biotechnologies (NASDAQ:ADPT) was provided by Piper Sandler, and Adaptive Biotechnologies maintained their overweight rating.
The last upgrade for Adaptive Biotechnologies Corp happened on December 21, 2022 when Piper Sandler raised their price target to $14. Piper Sandler previously had a neutral for Adaptive Biotechnologies Corp.
There is no last downgrade for Adaptive Biotechnologies.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Adaptive Biotechnologies, 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 Adaptive Biotechnologies was filed on November 11, 2024 so you should expect the next rating to be made available sometime around November 11, 2025.
While ratings are subjective and will change, the latest Adaptive Biotechnologies (ADPT) rating was a maintained with a price target of $6.00 to $7.00. The current price Adaptive Biotechnologies (ADPT) is trading at is $4.60, which is out of the analyst’s predicted range.
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