AbCellera Biologics Inc. (ABCL)

NASDAQ: ABCL · IEX Real-Time Price · USD
5.71
-0.22 (-3.71%)
At close: Dec 29, 2023, 4:00 PM
5.88
+0.17 (2.98%)
After-hours: Dec 29, 2023, 7:44 PM EST
-3.71%
Market Cap 1.66B
Revenue (ttm) 50.39M
Net Income (ttm) -129.14M
Shares Out 290.17M
EPS (ttm) -0.45
PE Ratio n/a
Forward PE 27.47
Dividend n/a
Ex-Dividend Date n/a
Volume 1,555,124
Open 5.95
Previous Close 5.93
Day's Range 5.63 - 5.95
52-Week Range 3.87 - 11.38
Beta 0.28
Analysts Strong Buy
Price Target 20.00 (+250.26%)
Earnings Date Feb 20, 2024

About ABCL

AbCellera Biologics Inc. builds an engine for antibody drug discovery and development. Its engine discovers antibodies from natural immune responses, which are pre-enriched for antibodies. The company had discovery programs that are either completed, in progress, or under contract with partners. It has a research collaboration and license agreement with Eli Lilly and Company; and a research collaboration with Confo Therapeutics for the discovery of therapeutic antibody candidates targeting two undisclosed GPCR targets. The company was incorpora... [Read more]

Industry Biotechnology
Sector Healthcare
IPO Date Dec 11, 2020
Employees 630
Stock Exchange NASDAQ
Ticker Symbol ABCL
Full Company Profile

Financial Performance

In 2022, ABCL's revenue was $485.42 million, an increase of 29.38% compared to the previous year's $375.20 million. Earnings were $158.52 million, an increase of 3.29%.

Financial Statements

Analyst Forecast

According to 8 analysts, the average rating for ABCL stock is "Strong Buy." The 12-month stock price forecast is $20.0, which is an increase of 250.26% from the latest price.

Price Target
$20.0
(250.26% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

AbCellera to Present at the 42nd Annual J.P. Morgan Healthcare Conference on January 10, 2024

VANCOUVER, British Columbia--(BUSINESS WIRE)---- $ABCL--AbCellera (Nasdaq: ABCL) today announced that executives from the Company will present at the 42nd Annual J.P. Morgan Healthcare Conference on W...

11 days ago - Business Wire

AbCellera to Present at the Piper Sandler 35th Annual Healthcare Conference on November 30, 2023

VANCOUVER, British Columbia--(BUSINESS WIRE)---- $ABCL--AbCellera to Present at the Piper Sandler 35th Annual Healthcare Conference on November 30, 2023.

6 weeks ago - Business Wire

AbCellera Presents New Data on Two T-Cell Engager Programs at SITC 2023

VANCOUVER, British Columbia--(BUSINESS WIRE)---- $ABCL--AbCellera Presents New Data on Two T-Cell Engager Programs at SITC 2023.

2 months ago - Business Wire

AbCellera Reports Q3 2023 Business Results

VANCOUVER, British Columbia--(BUSINESS WIRE)---- $ABCL--AbCellera Reports Q3 2023 Business Results.

2 months ago - Business Wire

Prelude Therapeutics and AbCellera Enter Partnership to Develop First-in-Class Precision Antibody Drug Conjugates in Oncology

WILMINGTON, Del. & VANCOUVER, British Columbia--(BUSINESS WIRE)---- $ABCL--Prelude Therapeutics and AbCellera Enter Partnership to Develop First-in-Class Precision Antibody Drug Conjugates in Oncology...

2 months ago - Business Wire

AbCellera to Present at the Jefferies London Healthcare Conference on November 14, 2023

VANCOUVER, British Columbia--(BUSINESS WIRE)---- $ABCL--AbCellera to Present at the Jefferies London Healthcare Conference on November 14, 2023.

2 months ago - Business Wire

AbCellera to Report Third Quarter 2023 Financial Results on November 2, 2023

VANCOUVER, British Columbia--(BUSINESS WIRE)---- $ABCL--AbCellera to Report Third Quarter 2023 Financial Results on November 2, 2023.

2 months ago - Business Wire

AbCellera Announces Two T-Cell Engager Presentations at SITC 2023

VANCOUVER, British Columbia--(BUSINESS WIRE)---- $ABCL--AbCellera Announces Two T-Cell Engager Presentations at SITC 2023.

3 months ago - Business Wire

AbCellera Expands Multi-Target Antibody Discovery Collaboration with Regeneron

VANCOUVER, British Columbia--(BUSINESS WIRE)---- $ABCL--AbCellera Expands Multi-Target Antibody Discovery Collaboration with Regeneron.

3 months ago - Business Wire

AbCellera Announces Collaboration with Incyte to Accelerate the Discovery and Development of Therapeutic Antibodies in Oncology

VANCOUVER, British Columbia--(BUSINESS WIRE)---- $ABCL--AbCellera Announces Collaboration with Incyte to Accelerate the Discovery and Development of Therapeutic Antibodies in Oncology.

3 months ago - Business Wire

AbCellera Reports Q2 2023 Business Results

VANCOUVER, British Columbia--(BUSINESS WIRE)---- $ABCL--AbCellera Reports Q2 2023 Business Results.

5 months ago - Business Wire

AbCellera Announces that the U.S. Patent Trial and Appeal Board Has Denied Berkeley Lights' Request for Rehearing

VANCOUVER, British Columbia--(BUSINESS WIRE)---- $ABCL--AbCellera Announces that the U.S. Patent Trial and Appeal Board Has Denied Berkeley Lights' Request for Rehearing.

5 months ago - Business Wire

AbCellera to Report Second Quarter 2023 Financial Results on August 3, 2023

VANCOUVER, British Columbia--(BUSINESS WIRE)---- $ABCL--AbCellera to Report Second Quarter 2023 Financial Results on August 3, 2023.

6 months ago - Business Wire

Confo Therapeutics Enters into Research Collaboration for GPCR-Targeting Antibody Discovery with AbCellera

GHENT, Belgium--(BUSINESS WIRE)--Confo Therapeutics, a leader in the discovery of medicines targeting G-protein coupled receptors (GPCRs), today announced that it has entered into a research collabora...

7 months ago - Business Wire

AbCellera to Present at the Goldman Sachs 44th Annual Global Healthcare Conference on June 13, 2023

VANCOUVER, British Columbia--(BUSINESS WIRE)---- $ABCL--AbCellera to Present at the Goldman Sachs 44th Annual Global Healthcare Conference on June 13, 2023.

7 months ago - Business Wire

AbCellera Partners with the Governments of Canada and British Columbia to Advance Drug Development Capabilities and Infrastructure that Will Accelerate Innovative Medicines to Patients

VANCOUVER, British Columbia--(BUSINESS WIRE)---- $ABCL--AbCellera (Nasdaq: ABCL) today announced a CA$701 million co-investment with the Governments of Canada and British Columbia to build new capabil...

7 months ago - Business Wire

AbCellera Reports Q1 2023 Business Results

VANCOUVER, British Columbia--(BUSINESS WIRE)---- $ABCL--AbCellera Reports Q1 2023 Business Results.

8 months ago - Business Wire

AbCellera Presents New Data on T-Cell Engager Platform at AACR 2023

VANCOUVER, British Columbia--(BUSINESS WIRE)---- $ABCL--AbCellera Presents New Data on T-Cell Engager Platform at AACR 2023

9 months ago - Business Wire

AbCellera to Present at the 2023 Bloom Burton & Co. Healthcare Investor Conference on April 25, 2023

VANCOUVER, British Columbia--(BUSINESS WIRE)---- $ABCL--AbCellera to Present at the 2023 Bloom Burton & Co.

9 months ago - Business Wire

AbCellera to Report First Quarter 2023 Financial Results on May 4, 2023

VANCOUVER, British Columbia--(BUSINESS WIRE)---- $ABCL--AbCellera to Report First Quarter 2023 Financial Results on May 4, 2023

9 months ago - Business Wire

AbCellera and RQ Bio Partner to Accelerate the Advancement of New Therapies for Infectious Disease

VANCOUVER, British Columbia & LONDON--(BUSINESS WIRE)---- $ABCL--AbCellera and RQ Bio Partner to Accelerate the Advancement of New Therapies for Infectious Disease

10 months ago - Business Wire

AbCellera Announces Two Presentations on T-Cell Engager Discovery at AACR 2023

VANCOUVER, British Columbia--(BUSINESS WIRE)---- $ABCL--AbCellera Announces Two Presentations on T-Cell Engager Discovery at AACR 2023

10 months ago - Business Wire

AbCellera to Present at the Cowen 43rd Annual Health Care Conference on March 6, 2023

VANCOUVER, British Columbia--(BUSINESS WIRE)---- $ABCL--AbCellera to Present at the Cowen 43rd Annual Health Care Conference on March 6, 2023

11 months ago - Business Wire

AbCellera Reports Full Year 2022 Business Results

VANCOUVER, British Columbia--(BUSINESS WIRE)---- $ABCL--AbCellera Reports Full Year 2022 Business Results

11 months ago - Business Wire

AbCellera to Present at the SVB Securities Global Biopharma Conference on February 15, 2023

VANCOUVER, British Columbia--(BUSINESS WIRE)--AbCellera (Nasdaq: ABCL) today announced that it will present at the SVB Securities Global Biopharma Conference on Wednesday, February 15, 2023, at 10:0...

11 months ago - Business Wire