Page 2 - Absci News Today

Platinum Investment Management Ltd. increased its stake in Absci Co. (NASDAQ:ABSI – Free Report) by 124.7% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 1,306,668 shares of the company’s stock after buying an additional 725,144 shares during the quarter. […]

HC Wainwright reaffirmed their buy rating on shares of Absci (NASDAQ:ABSI – Free Report) in a report released on Wednesday morning, MarketBeat reports. The brokerage currently has a $4.00 price target on the stock. HC Wainwright also issued estimates for Absci’s Q4 2023 earnings at ($0.21) EPS, Q2 2024 earnings at ($0.17) EPS, Q3 2024 […]

Wealth Alliance Advisory Group LLC acquired a new stake in Absci Co. (NASDAQ:ABSI – Free Report) during the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 28,240 shares of the company’s stock, valued at approximately $43,000. Other hedge funds and other institutional investors have also added to or […]

Absci, an AI-driven drug discovery company, laid off 30 employees, 15% of its staff, due to operational efficiencies. Stock is down 20% since 2021 IPO

Absci (NASDAQ:ABSI – Get Free Report)‘s stock had its “buy” rating reissued by research analysts at Truist Financial in a report released on Wednesday, Benzinga reports. They presently have a $10.00 target price on the stock. Separately, HC Wainwright restated a “buy” rating and set a $4.00 price target on shares of Absci in a […]

Key Insights Significantly high institutional ownership implies Absci's stock price is sensitive to their trading...

Absci Co. (NASDAQ:ABSI – Get Rating) has been assigned an average recommendation of “Moderate Buy” from the six research firms that are covering the firm, MarketBeat.com reports. One research analyst has rated the stock with a sell rating and five have given a buy rating to the company. The average 1-year target price among brokers […]

Absci Co. (NASDAQ:ABSI – Get Rating) has earned a consensus rating of “Moderate Buy” from the six brokerages that are presently covering the company, Marketbeat reports. One equities research analyst has rated the stock with a sell recommendation and five have given a buy recommendation to the company. The average 1 year price target among […]

Shares of Absci Co. (NASDAQ:ABSI – Get Rating) have earned an average rating of “Moderate Buy” from the six research firms that are presently covering the company, Marketbeat.com reports. One equities research analyst has rated the stock with a sell rating and five have assigned a buy rating to the company. The average 1-year price […]

Absci Co. (NASDAQ:ABSI – Get Rating) – Investment analysts at HC Wainwright raised their Q2 2023 earnings per share estimates for shares of Absci in a research report issued to clients and investors on Tuesday, May 16th. HC Wainwright analyst S. Ramakanth now forecasts that the company will post earnings per share of ($0.21) for […]