Absci Corp [ABSI] stock is trading at $2.62, down -7.42%. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The ABSI shares have lost -11.78% over the last week, with a monthly amount drifted -25.36%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Previously, Needham started tracking the stock with Buy rating on January 22, 2025, and set its price target to $9. On October 02, 2024, Guggenheim initiated with a Buy rating and assigned a price target of $10 on the stock. Morgan Stanley started tracking the stock assigning a Overweight rating and suggested a price target of $7 on July 03, 2024. Scotiabank initiated its recommendation with a Sector Outperform and recommended $13 as its price target on March 14, 2024. KeyBanc Capital Markets started tracking with a Overweight rating for this stock on December 05, 2023, and assigned it a price target of $3. In a note dated May 04, 2023, H.C. Wainwright initiated a Buy rating and provided a target price of $4 on this stock.
Absci Corp [ABSI] stock has fluctuated between $2.01 and $6.33 over the past year. Currently, Wall Street analysts expect the stock to reach $6 within the next 12 months. Absci Corp [NASDAQ: ABSI] shares were valued at $2.62 at the most recent close of the market. An investor can expect a potential return of 129.01% based on the average ABSI price forecast.
Analyzing the ABSI fundamentals
Absci Corp [NASDAQ:ABSI] reported sales of 4.14M for the trailing twelve months, which represents a drop of -53.31%. Gross Profit Margin for this corporation currently stands at -0.74% with Operating Profit Margin at -28.47%, Pretax Profit Margin comes in at -27.33%, and Net Profit Margin reading is -27.38%. To continue investigating profitability, this company’s Return on Assets is posted at -0.54, Equity is -0.6 and Total Capital is -0.66. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.04.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 2.50 points at the first support level, and at 2.37 for the second support level. However, for the 1st resistance point, the stock is sitting at 2.79, and for the 2nd resistance point, it is at 2.95.
Ratios To Look Out For
For context, Absci Corp’s Current Ratio is 4.39. Further, the Quick Ratio stands at 4.39, while the Cash Ratio is 1.21. Considering the valuation of this stock, the price to sales ratio is 94.63, the price to book ratio is 1.93.
Transactions by insiders
Recent insider trading involved Busch Andreas, Chief Innovation Officer, that happened on Jul 28 ’25 when 50000.0 shares were purchased.
