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ADPT

BEARISH
$13.17 Live
Adaptive Biotechnologies Corporation · NASDAQ
Target $20.86 (+58.4%)
$6.67 52W Range $20.76

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AI Analysis

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Confidence
85%
ADPT's Advanced Deterministic Scorecard reveals severe financial health concerns: a Piotroski F-Score of 1/9 indicates extreme weakness, with no positive signals in profitability, cash flow, or leverage management. The Altman Z-Score is unavailable, but the company's negative ROE (-27.82%), negative operating margin (-17.82%), and high debt/equity (0.93) suggest significant distress risk. Despite strong revenue growth (51% YoY) and a history of earnings surprises, the stock trades at a forward P/E of -48.78, reflecting deep losses and speculative valuation. Insider selling totaling $12.73M in six months further undermines confidence, signaling potential internal skepticism about near-term prospects.

Key Strengths

51.00% YoY revenue growth indicates strong top-line momentum
Gross margin of 74.24% reflects high product profitability and pricing power
Recent quarters have consistently beaten earnings estimates (3/4 in last 4)
Average earnings surprise of 74.22% in last 4 quarters shows strong execution relative to expectations
Analyst consensus is strong_buy, with a target price of $20.86 (58.4% upside)

Key Risks

Piotroski F-Score of 1/9 signals severe financial distress and poor operational health
Negative ROE (-27.82%) and ROA (-6.79%) indicate capital is not being effectively deployed
Insider selling of $12.73M in 6 months with no buys suggests internal confidence erosion
Forward P/E of -48.78 reflects sustained losses and high valuation risk despite growth
No free cash flow or operating cash flow data available, raising liquidity concerns

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