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ABCL·AbCellera Biologics Inc.

$12.38
-0.23 (-1.78%)
High
$12.86
Open
$12.37
Market Cap
4.09B
52W High
$15.06
Low
$12.26
P. Close
$12.38
P/E
-
52W Low
$2.71
Fwd P/E
-16.54
DailyIQ Est.
$19.31
Inst. Ownership
13.5%
Short Interest
10.12%
Days to Cover
6.0
NewEarnings release, scored · filed Aug 5, 2026tone -2.7 vs prior release · 25 lines scoredSee the breakdown
Technical Score (1D)
96
BULLISH
News Sentiment
61
BULLISH
With a Technical Score of 96, AbCellera Biologics Inc. (ABCL) sits in the upper tier of the momentum ranking on the 1D timeframe. The bullish bias and BUY signal follow from that rank, and trend strength reads as strong. Sentiment at 61 is aligned with the chart. Because the score is relative, it can stay high while the broader market falls, as long as ABCL holds up better than its peers. $11.94 is the near-term risk reference and $13.31 is the next upside marker if buyers keep pressing. A top momentum rank reflects the prior year of trading, so it changes gradually. Day to day, price levels give the earlier read: a decisive close below $11.94 would say more about near-term risk than the rank itself, while holding above it keeps $12.94 in play.
LOW TARGET
$9 -27.3%
2 analysts
MEAN TARGET
$17 +35.8%
5 analysts
HIGH TARGET
$30 +142.2%
10 analysts
PRICE RANGE
$9.00 - $30.00
SB / B / H / S / SS
3/11/1/1/1
DAILYIQ EST.
$19.31 (+55.9%)
Sector
Healthcare
Industry
Biotechnology
Exchange
NMS
Country
Canada
Symbol
ABCL
Description
AbCellera Biologics Inc. is a biotechnology firm focused on the discovery and development of antibody-based therapeutics, primarily targeting unmet medical needs within the United States. The company's core business centers on identifying and advancing potential drug candidates through preclinical trials. Currently, AbCellera's pipeline includes ABCL635, an antibody-drug candidate being investigated for metabolic and endocrine disorders, and ABCL575, a monoclonal antibody designed to treat autoimmune conditions like atopic dermatitis. Strategic collaborations with industry leaders, such as Eli Lilly and Company, alongside partnerships with Viking Global Investors, ArrowMark Partners, and Biogen Inc., support AbCellera's research and development efforts. Founded in 2012 and headquartered in Vancouver, Canada, the company is positioned to leverage its antibody discovery platform to address various therapeutic areas.
Bought (1Y)
167,200 shares
$1.6M
Sold (1Y)
0 shares
$0
Hayden Michael R-
Buy53,613 shares2026-08-24
Montalbano John S.-
Buy10,000 shares2026-08-18
Booth AndrewChief Financial Officer
Buy37,200 shares2026-08-14
Hayden Michael R-
Buy46,387 shares2026-08-12
Hayden Michael R-
Gift50,000 shares2026-08-11
50/ 100
Neutral / mixed
Overall: Neutral
✓Revenue growing year over year
✕Negative net margin
✕Negative operating cash flow
Net Margin
-194.9%
Revenue CAGR
36.5%
Current Ratio
11.32x
Return on Equity
-15.1%
Earnings Summary
AbCellera Biologics Inc. is a Canadian biotechnology firm specializing in antibody discovery and development, primarily targeting unmet medical needs in the United States. The company operates within the biotechnology industry, where early‑stage pipeline progress and partnership agreements are key performance indicators. In the latest two quarters, Q4 2025 and Q2 2026, AbCellera reported revenue of $44.85 million and $4.05 million respectively, a sharp decline from the $8.58 million in Q3 2025 and $40.50 million in Q1 2025, reflecting significant revenue volatility; EPS moved from a loss of $0.19 in Q4 2025 to a larger loss of $0.18 in Q2 2026, indicating continued profitability challenges. Historically, the company has shown a mixed earnings trajectory, with EPS losses widening from $0.12 in Q4 2024 to $0.19 in Q4 2025, while revenue peaked in Q4 2025 at $44.85 million before collapsing in Q2 2026. AbCellera has not consistently beaten analyst estimates, with EPS estimates generally higher than actuals, and revenue growth has been erratic, driven largely by partnership milestones rather than organic sales. Recent news reports that AbCellera will present phase 1/2 data for its investigational antibody ABCL635 at the 2026 Menopause Society meeting, a routine progress update that does not alter guidance but signals ongoing clinical development.

EPS

EstBeatMiss
$-0.21$-0.16$-0.11$-0.06$-0.01Q1'25Q2'25Q3'25Q4'25Q2'26Q3'26
QtrEstActual+/−
Q3'26$-0.18 - -
Q2'26$-0.15$-0.18-23.5%
Q4'25$-0.18$-0.03+83.1%
Q3'25$-0.16$-0.19-17.3%
Q2'25$-0.16$-0.12+26.5%
Q1'25$-0.14$-0.15-5.3%

Revenue

EstBeatMiss
$-2M$11M$24M$38M$51MQ1'25Q2'25Q3'25Q4'25Q2'26Q3'26
QtrEstActual+/−
Q3'26$5M - -
Q2'26$8M$4M-49.0%
Q4'25$6M$45M+625.1%
Q3'25 - $9M -
Q2'25 - $17M -
Q1'25 - $4M -

Market Data

ABCL Stock Snapshot

BULLISH96/100
$12.38−$0.23 (1.8%)
Market cap
4.09B
Day range
$12.26 – $12.86
News sentiment
61/100 · Bullish
Analyst target
$16.82 (+35.8%)
Consensus
Buy · 17 analysts
52-week range+357.0% off low · -17.8% from high
$2.71$15.06
Price $12.38 DailyIQ Est. $19.31

ABCL is trading with the trend behind it, which is what pushes the technical read bullish. At this size, a single catalyst moves the stock further than it would a larger peer.

Behaviour On Record

What ABCL's own history says about today's numbers

Realized volatility (21d)
62.2% 47th pct
Below its peak
-76.0%
vs 200-day average
+101.7%
Up days (1y)
49%

AbCellera Biologics Inc. is currently running 62.2% annualised volatility over the last 21 sessions. Measured against ABCL's own 6 years of daily returns rather than a market-wide average, that is the 47th percentile — close to its own typical level, against a typical reading of 64.0%. The distinction matters because a number that looks calm for one stock is turbulent for another, and the absolute figure on its own tells you neither.

ABCL is trading -76.0% below its running peak. Across 5 full years on file, its median worst-drawdown-in-a-year was -59.7%, and the deepest was -75.0% in 2021. The current drawdown is already deeper than this stock's typical annual low point, which puts it in the part of its range where past recoveries began — and where past declines also continued.

Price sits +101.7% from its 200-day moving average. Against every other day in its history, that gap ranks at the 97th percentile — a wider gap than this stock usually carries. Over the past year ABCL closed higher on 49% of sessions, and it is currently 1 session into a rising streak.

On October specifically: over 6 years of records, ABCL finished the month higher 2 of 6 times, with a median return of -7.4% and an average of -3.1%. Its strongest month historically has been June at +10.5% on average, its weakest February at -11.6%. Seasonality is a weak signal on its own — a decade is a small sample and regimes change — but it is a real distribution rather than a rule of thumb.

Overnight risk is measurable too: ABCL has opened more than 2% away from the prior close in 356 of 1,464 sessions (24.3% of the time), with the largest gaps running +12.4% and -13.5%. For anyone holding through an event, that rate is a better guide to overnight exposure than the intraday range.

All figures computed from 1,465 daily closes between 2020-12-14 and 2026-10-14, split-adjusted, recomputed daily. Percentiles are against ABCL's own 6-year history, not a peer group or index.

Sector Rotation

Is money rotating into or out of ABCL's sector?

AbCellera Biologics Inc. sits in the Health Care sector, currently ranked 2nd of 12 GICS sectors by relative-strength rotation score (leading). Within its narrower Biotechnology industry group, ABCL ranks 9th of 15 tracked industries, improving.

Sector rank
#2 of 12
Sector state
Leading
Sector rotation score
91
Industry rank
#9 of 15

Options Market

What is the options market pricing for ABCL?

CallsPuts

For AbCellera Biologics Inc.'s nearest expiry (2026-10-16, 2 days out), open interest is roughly balanced between puts and calls (put/call ratio of 0.96), with at-the-money implied volatility around 71.1%. The options market is pricing roughly a ±5.8% move by that expiry — a range of about $11.93–$13.41.

Put/call ratio (2026-10-16)
0.96
ATM implied volatility
71.1%
Total open interest
26,812
Expected move by 2026-10-16
±5.8% ($11.93–$13.41)

Analyst Rating Changes

Are analysts turning bullish or bearish on ABCL?

UBS most recently initiated coverage on AbCellera Biologics Inc. to Buy on Oct 12, 2026 with a price target of $18. Over the last 90 days, coverage has run 0 upgrades against 0 downgrades, a net mixed lean.

Latest action
UBS — Buy
90-day upgrades
0
90-day downgrades
0
Net rating momentum
0
DateFirmActionRatingPrice target
Oct 12, 2026UBSInitiatedBuy$18
Sep 29, 2026JP MorganInitiatedOverweight$17
Aug 11, 2026Truist SecuritiesMaintainedBuy$12 → $30
Aug 6, 2026StifelMaintainedBuy$8 → $9
Aug 6, 2026Cantor FitzgeraldMaintainedOverweight$11 → $12
Jul 7, 2026BenchmarkUpgradeHold → Buy$11
May 5, 2026Cantor FitzgeraldInitiatedOverweight$7
Apr 10, 2026Jones TradingInitiatedBuy$11
Nov 7, 2025Leerink PartnersDowngradeOutperform → Market Perform$4
Aug 8, 2025StifelMaintainedBuy$8 → $7
Jul 14, 2025KeybancMaintainedOverweight$5 → $10
May 16, 2025Truist SecuritiesMaintainedBuy$28 → $10

Earnings Release, Scored

What did AbCellera Biologics Inc.'s latest earnings release say?

Filed Aug 5, 2026 · SEC Form 8-K, Exhibit 99

Tone61.7/ 100-2.7 vs prior release
Hedging words0.22per 100 words-1.12 vs prior release
Tone, last 2 releasesScale 50–70

Most important lines

  1. 1

    “Since our last business update we signed two new collaborations, one with Jazz and one with Vertex, that leverage our T-cell engager platform to advance programs into the clinic and are adding over $100 million in upfront cash to our balance sheet.”

    New this quarter
  2. 2

    Available Liquidity – over $565 million in total cash balances and marketable securities, and $110 million in available non-dilutive government funding, bringing total available liquidity to over $675 million to execute on AbCellera's strategy.

  3. 3

    Revenue – Total revenue was $4.1 million, compared to $17.1 million in Q2 2025.

Peers

ABCL peers

News Sentiment Analysis

Sentiment gathered from recent headlines

61/100
Strong NegativeNeutralStrong Positive
MODERATELY BULLISH

Recent News Coverage

Most recent articles, ranked by recency (click to expand).

10+ articles
What did this article say?
UBS analysts noted that AbCellera Biologics’ ABCL635 demonstrates best‑in‑class potential for treating menopause symptoms, citing robust preclinical data and a promising therapeutic profile. The assessment underscores the drug’s competitive advantage over existing options and signals potential for accelerated development. The positive outlook may enhance investor confidence in ABCL’s pipeline and support future valuation.
What did this article say?
UBS upgraded AbCellera Biologics to a buy recommendation on October 12, citing confidence in the company’s pipeline and strategic positioning. The bank set a $18 price target, implying a potential upside for investors. The upgrade reflects UBS’s assessment of ABCL’s growth prospects and competitive advantage in antibody discovery. The announcement is likely to influence market sentiment and could attract new capital into the stock.
What did this article say?
UBS analyst Alice Nettleton initiated coverage on AbCellera Biologics (NASDAQ:ABCL) on October 12, issuing a Buy rating. The firm set a price target of $18 for the stock, signaling confidence in the company’s growth prospects. This coverage is expected to influence investor perception and could support a positive market reaction.
What did this article say?
AbCellera Biologics (ABCL) announced it will present Phase 1/2 data for its investigational antibody ABCL635 at the 2026 Menopause Society Annual Meeting. The disclosure followed a sharp run, with the company’s share price up 84.49% over 90 days and 265.74% year‑to‑date. The announcement is expected to reinforce investor confidence in ABCL’s clinical pipeline and platform capabilities. The company’s 1‑year total shareholder return of 126.85% underscores recent momentum despite prior volatility. Overall, the news signals a positive outlook for ABCL’s growth prospects.
What did this article say?
AbCellera Biologics disclosed that it will present phase 1/2 data for its investigational antibody ABCL635 at the 2026 annual meeting of The Menopause Society in San Diego. The presentation will cover safety, pharmacokinetics, pharmacodynamics, and efficacy, including new safety results from a phase 1 multiple‑ascending‑dose study and patient‑reported outcomes from a phase 2 trial. The data aim to support ABCL635 as a non‑hormonal, long‑acting treatment for moderate‑to‑severe vasomotor symptoms associated with menopause.
What did this article say?
AbCellera (ABCL) announced it would present Phase 1/2 data for its investigational antibody ABCL635 at the Menopause Society’s 2026 Annual Meeting. The poster, scheduled for October 22, will cover safety, pharmacokinetics, pharmacodynamics, and preliminary efficacy from the Phase 1 multiple‑ascending dose study and Phase 2 patient‑reported outcomes. No efficacy results or statistical analyses were disclosed, and the presentation is purely informational. The announcement does not indicate any change to guidance or valuation, merely a routine update on clinical development progress.
What did this article say?
AbCellera Biologics Inc. scheduled its third‑quarter 2026 financial results for November 9, 2026, with an earnings conference call set for 3:00 p.m. Pacific Time. The company will provide a live audio webcast and a replay on its Investor Relations website. The announcement included standard forward‑looking statements and a brief overview of AbCellera’s antibody‑based research focus across multiple therapeutic areas.
What did this article say?
The article reports that the global AI drug discovery market is projected to expand from $19.89 billion in 2025 to $160.49 billion by 2035, with a compound annual growth rate of 23.22%. It lists several companies, including AbCellera Biologics Inc. (ABCL), as active players in the sector. The piece compares multiple third‑party forecasts, noting wide variations in market size estimates. No specific financial or operational data for ABCL is provided, and the discussion focuses on industry trends rather than company performance.
What did this article say?
The vasomotor symptoms market is projected to grow through 2036, driven by new hormonal and non-hormonal therapies. AbCellera Biologics’ ABCL635 was highlighted among emerging treatments, indicating potential for market share gains. The report notes improved diagnosis, aging demographics, and increased awareness as key growth factors.
What did this article say?
JPMorgan Securities announced a new overweight rating for AbCellera Biologics (ABCL) on September 29, citing the company’s strong pipeline and recent clinical milestones. The brokerage set a $17 price target, slightly above the current market price, reflecting confidence in near‑term revenue growth. The upgrade follows a broader positive outlook for the biotech sector and highlights AbCellera’s strategic partnerships. This rating change is expected to influence investor sentiment and could support a modest uptick in the stock price. The move underscores JPMorgan’s belief that ABCL’s technology platform will deliver incremental value in the coming quarters.

Technical Analysis

Real-time indicators across multiple timeframes

96
BULLISH
Momentum rank against about 1,000 stocks and ETFs for this timeframe.
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Institutional & Hedge Fund Ownership
25 tracked managers · $339.65M combined position · 10 adding, 15 trimming, 0 unchanged (latest 13F filings)
ManagerTrendShares Held% of Co.Position ValueFiled
Capital World Investors▲ Buy13,588,3494.23%$106.67M2026-08-12
Two Sigma Investments, LP▼ Sell10,437,4313.25%$81.93M2026-08-14
Bank of America Corp▲ Buy6,141,5391.91%$48.21M2026-08-14
BlackRock, Inc.▼ Sell3,805,3091.18%$29.87M2026-08-07
Marshall Wace, LLP▲ Buy1,902,1910.59%$14.93M2026-08-13
Morgan Stanley▼ Sell1,669,0140.52%$13.10M2026-08-13
Citadel Advisors LLC▲ Buy1,586,5120.49%$12.45M2026-09-02
Renaissance Technologies LLC▼ Sell990,9290.31%$7.78M2026-08-13
Sculptor Capital LP▲ New908,0000.28%$7.13M2026-08-14
Millennium Management LLC▼ Sell518,5710.16%$4.07M2026-08-14
Geode Capital Management, LLC▲ Buy315,7210.10%$2.48M2026-08-12
Northern Trust Corp▲ Buy298,6150.09%$2.34M2026-08-13
ExodusPoint Capital Management, LP▲ Buy237,9520.07%$1.87M2026-08-14
Goldman Sachs Group Inc▼ Sell235,1270.07%$1.85M2026-08-14
Man Group plc▼ Sell228,9790.07%$1.80M2026-08-14
Caxton Associates LLP▼ Sell66,3780.02%$521.1K2026-08-14
Wells Fargo & Company▲ Buy60,3350.02%$473.6K2026-08-14
Voleon Capital Management LP▼ Sell59,3960.02%$466.3K2026-08-14
Winton Group Ltd▲ New56,3000.02%$442.0K2026-08-07
Invesco Ltd.▼ Sell49,7530.02%$390.6K2026-08-14
D. E. Shaw & Co., Inc.▼ Sell45,4310.01%$356.6K2026-08-14
JPMorgan Chase & Co▼ Sell21,8510.01%$177.4K2026-08-12
Susquehanna International Group, LLP▼ Sell20,5800.01%$161.6K2026-08-14
Brevan Howard Capital Management LP▼ Sell15,7720.00%$123.8K2026-08-14
Citigroup Inc▼ Sell7,1820.00%$56.4K2026-08-03
Q2 2026 flow:6.34M sh bought ($49.78M)7.46M sh sold ($58.55M)net -1.12M sh (−$8.78M)