Adaptive Biotechnologies Corporation (ADPT) Stock

Adaptive Biotechnologies Corporation (ADPT) is a Healthcare stock trading at $17.54 (as of 2026-06-18), with a market capitalization of $2.56B and a trailing P/E of -53.8. Figures are sourced from first-party U.S. SEC EDGAR filings and market data.

Adaptive Biotechnologies Corporation, a commercial-stage company, develops an immune medicine platform for the diagnosis and treatment of various diseases. The company offers immunoSEQ, a platform and core immunosequencing product that is used to answer translational research questions, as well as to discover new prognostic and diagnostic signals; and T-Detect COVID for the confirmation of past COVID-19 infection. It also provides clonoSEQ, a clinical diagnostic product for the detection and monitoring of minimal residual disease in patients with multiple myeloma, B cell acute lymphoblastic leukemia, and chronic lymphocytic leukemia, as well as available as a CLIA-validated laboratory developed test for patients with other lymphoid cancers; and immunoSEQ T-MAP COVID for vaccine developers and researchers to measure the T-cell immune response to vaccines. In addition, the company offers a pipeline of clinical products and services that are used for the diagnosing, monitoring, and treatment of diseases, such as cancer, autoimmune conditions, and infectious diseases. It serves the life sciences research, clinical diagnostics, and drug discovery applications. Adaptive Biotechnologies Corporation has strategic collaborations with Genentech, Inc. for the development, manufacture, and commercialization of neoantigen directed T cell therapies for the treatment of a range of cancers; and Microsoft Corporation to develop diagnostic tests for the early detection of various diseases from a single blood test. The company was formerly known as Adaptive TCR Corporation and changed its name to Adaptive Biotechnologies Corporation in December 2011. Adaptive Biotechnologies Corporation was incorporated in 2009 and is headquartered in Seattle, Washington.

Valuation — source: SEC EDGAR (first-party)
Price$17.54
Market Cap$2.56B
P/E Ratio-53.8
EV / EBITDA-87.6
Price / Book12.29
Price / Sales9.33
DCF Value (model)$-5.81
DCF Upside vs Price-133.1%
Profitability & Growth — source: SEC EDGAR
Revenue (TTM)$276.98M
Net Margin-21.5%
Return on Equity-22.2%
Debt / Equity0.58
Current Ratio3.35
Revenue Growth (YoY)35.1%
EPS Growth (YoY)-35.0%
FCF Growth (YoY)-65.3%
Financial Health — source: SEC EDGAR
Altman Z-Score2.57 (grey)
Piotroski F-Score5/9 (moderate)
Valuation vs Sector & Industry
Stock P/E-53.8
Sector P/E (Healthcare)21.0
Industry P/E (Pharmaceutical Products)17.3
vs Sector-356.7%
vs Industry-411.8%
Smart-Money Activity — SEC Form 4 / 13F / Congressional disclosures
Top Institutional HolderVIKING GLOBAL INVESTORS LP ($416.31M)
Institutional Holders Tracked10
Company
SectorHealthcare
IndustryPharmaceutical Products
CEOChad Robins
Employees619
CountryUS
IPO Date2019-06-27

Related Companies (Business model: Biotech (Clinical / Commercial-Stage); 8 closest by market cap; US-domiciled)

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  • Denali Therapeutics Inc. (DNLI)
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  • Ultragenyx Pharmaceutical Inc. (RARE)
ADPT earnings history · ADPT institutional & insider holders · Congress trades · Insider trades · Short interest · Stock screener

Data as of 2026-06-18.

Figures sourced from U.S. Securities and Exchange Commission (SEC EDGAR) filings and market data. Not personalized investment advice.