ABCL stock icon

AbCellera Biologics
ABCL

$2.74
0.55%

Market Cap: $806M

 

About: AbCellera Biologics Inc is an antibody discovery and development engine that's specifically designed to address the barriers of conventional discovery, finding the optimal clinical candidate with greater precision and speed, getting to the clinic and patients sooner. With the integrated AbCellera platform, the company's experts search a wide range of diverse antibodies to select the effective and developable leads fast and set partners up for enduring success. The company have extensive experience forging partnerships with emerging biotechs and pharmaceutical companies. AbCellera leverages proprietary hardware, software, and tools along with the latest data science, to operate as strategic partners and help develop optimized solutions faster for any program.

Employees: 586

0
Funds holding %
of 6,710 funds
Analysts bullish %

Fund manager confidence

Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)

6% less call options, than puts

Call options by funds: $1.08M | Put options by funds: $1.16M

2.26% less ownership

Funds ownership: 41.09% [Q1] → 38.83% (-2.26%) [Q2]

4% less funds holding

Funds holding: 151 [Q1] → 145 (-6) [Q2]

19% less repeat investments, than reductions

Existing positions increased: 38 | Existing positions reduced: 47

22% less first-time investments, than exits

New positions opened: 21 | Existing positions closed: 27

33% less funds holding in top 10

Funds holding in top 10: 3 [Q1] → 2 (-1) [Q2]

38% less capital invested

Capital invested by funds: $544M [Q1] → $339M (-$206M) [Q2]

Research analyst outlook

1 Wall Street Analyst provided 1 year price targets over the past 3 months

Low target
$5
83%
upside
Avg. target
$5
83%
upside
High target
$5
83%
upside

1 analyst rating

positive
100%
neutral
0%
negative
0%
Keybanc
Scott Schoenhaus
80% 1-year accuracy
4 / 5 met price target
83%upside
$5
Overweight
Maintained
11 Jul 2024

Financial journalist opinion

Based on 3 articles about ABCL published over the past 30 days