Added to YB: 2024-06-06
Pitch date: 2024-04-13
ADPT [bullish]
Adaptive Biotechnologies Corporation
+745.18%
current return
Author Info
No bio for this author
Company Info
Adaptive Biotechnologies Corporation, a commercial-stage company, develops an immune medicine platform for the diagnosis and treatment of various diseases.
Market Cap
$3.9B
Pitch Price
$3.01
Price Target
N/A
Dividend
N/A
EV/EBITDA
-576.73
P/E
-59.71
EV/Sales
12.87
Sector
Life Sciences Tools and Services
Category
value
Aristotle Atlantic Focus Growth Strategy Portfolio Holding: Adaptive Biotechnologies Corporation
ADPT: Adaptive Bio to keep MRD diagnostic & immune medicine biz after strategic review, seeing more value in MRD once profitable. Targeting EBITDA breakeven in late 2025, cash flow breakeven in 2026. Q1 revenue beat consensus by ~9%. Believe stock trading at low valuation with strong potential.
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