Absci Corp [NASDAQ: ABSI] gained 7.20% or 0.19 points to close at $2.83 with a heavy trading volume of 6162470 shares.
It opened the trading session at $2.68, the shares rose to $2.92 and dropped to $2.66, the range by which the price of stock traded the whole day. The daily chart for ABSI points out that the company has recorded -13.19% loss over the past six months.
If we look at the average trading volume of 3.21M shares, ABSI reached to a volume of 6162470 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here is what top equities market gurus are saying about Absci Corp [ABSI]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for ABSI shares is $9.12 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on ABSI stock is a recommendation set at 1.00. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Morgan Stanley have made an estimate for Absci Corp shares, keeping their opinion on the stock as Overweight, with their previous recommendation back on July 03, 2025. While these analysts kept the previous recommendation, Needham raised their target price to Buy. The new note on the price target was released on January 22, 2025, representing the official price target for Absci Corp stock. Previously, the target price had yet another raise to $10, while Guggenheim analysts kept a Buy rating on ABSI stock.
The Price to Book ratio for the last quarter was 1.82, with the Price to Cash per share for the same quarter was set at 1.18.
Trading performance analysis for ABSI stock
Absci Corp [ABSI] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 9.27. With this latest performance, ABSI shares dropped by -6.60% in over the last four-week period, additionally sinking by -13.19% over the last 6 months – not to mention a rise of 8.02% in the past year of trading.
Absci Corp [ABSI]: A deeper dive into fundamental analysis
Operating Margin for any stock indicates how profitable investing would be, and Absci Corp [ABSI] shares currently have an operating margin of -2349.30% and a Gross Margin at -170.92%. Absci Corp’s Net Margin is presently recorded at -2232.13%.
Return on Equity for this stock declined to -42.37%, with Return on Assets sitting at -42.37%.
Absci Corp [ABSI]: An earnings per share (EPS) analysis
The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for ABSI. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Absci Corp go to 3.62%.
An analysis of Institutional ownership at Absci Corp [ABSI]
There are presently around $66.89%, or 75.00% of ABSI stock, in the hands of institutional investors. The top three institutional holders of ABSI stocks are: FMR LLC with ownership of 12.58 million shares, which is approximately 11.1398%. REDMILE GROUP, LLC, holding 8.25 million shares of the stock with an approximate value of $$25.42 million in ABSI stocks shares; and REDMILE GROUP, LLC, currently with $$22.35 million in ABSI stock with ownership which is approximately 6.4257%.
