AbCellera Biologics Inc. (ABCL) Stock Price & Analysis

AbCellera Biologics Inc. (ABCL) closed at USD 13.64 on Wednesday, October 28, 2026, up 6.31% on the day. The US market is currently closed (after-hours); this is not a live price.

The prior close was USD 12.83; the Oct 28, 2026 session ranged USD 12.65–13.65 on volume of 3,043,223 shares. Market capitalization is $4.42B, with a 52-week range of USD 2.75–15.02 (NMS). Source: Nexqual, retrieved October 28, 2026 at 23:05 UTC.

Also available as compact Markdown for AI agents: nexqual.com/ABCL.md

Key facts (ABCL)

Financials (SEC 10-K; TTM = last four 10-Q/10-K quarters) (ABCL)

USDFY2021FY2022FY2023FY2024FY2025TTM
Revenue$375M$485M$38.0M$28.8M$75.1M$66.2M
Operating income$204M$217M-$237M-$315M-$217M-$225M
Net income$153M$159M-$146M-$163M-$146M-$165M
EPS (diluted)$0.48$0.50-$0.51-$0.55-$0.49—
Free cash flow$186M$207M-$121M-$187M-$174M-$120M
Operating margin54.5%44.6%-623.8%-1091.7%-289.0%-340.3%
Net margin40.9%32.7%-385.0%-564.8%-194.9%-248.8%
Revenue growth+60.9%+29.4%-92.2%-24.2%+160.6%—
Cash + short-term investments$476M$387M$761M$626M$534M—

Fiscal years end Dec. EPS is split-adjusted.

Valuation (price ÷ last four quarters, through Jun 30, 2026) (ABCL)

P/S 66.8x · P/B 4.9x · FCF yield -2.71% · Earnings yield -3.73%

Insider purchases (SEC Form 4, open-market, last ~7 months) (ABCL)

5 purchases, $1.6M. Private placements, offerings, dividend reinvestment and employee stock purchase plan buys are excluded.

Trade dateInsiderRoleSharesValueAvg priceInsider type
2026-08-24Hayden Michael RDirector53,613$570K10.64Too little history (no open-market trades in 2024 or 2025)
2026-08-18Montalbano John S.Director10,000$110K11.03Too little history (no open-market trades in 2024)
2026-08-14Booth AndrewChief Financial Officer37,200$384K10.32Too little history (no open-market trades in 2024 or 2025)
2026-08-12Hayden Michael RDirector46,387$481K10.37Too little history (no open-market trades in 2024 or 2025)
2026-05-14Montalbano John S.Director20,000$95K4.77Too little history (no open-market trades in 2024)

Insider type follows Cohen, Malloy & Pomorski (Journal of Finance, 2012). An insider who traded the stock in the same calendar month in each of the past three years is a routine trader; one who traded in each of those years without such a pattern is an opportunistic trader. In their study, trades by opportunistic insiders predicted future returns and trades by routine insiders did not. Counts open-market purchases and sales only (SEC Form 4 codes P and S) by that insider in that company. Not investment advice.

Analysts (ABCL)

Consensus Buy (mean 1.92 on a 1–5 scale), 12 analysts; mean target USD 16.82 (low 9, high 30).

Rating changes, last 120 days:

DateFirmActionRatingPrice target
2026-10-12UBSInitiatedBuy$18
2026-09-29JP MorganInitiatedOverweight$17
2026-08-11Truist SecuritiesTarget raisedBuy$12 → $30
2026-08-06StifelTarget raisedBuy$8 → $9
2026-08-06Cantor FitzgeraldTarget raisedOverweight$11 → $12
2026-07-07BenchmarkUpgradeHold → Buy$11

Total return (dividends reinvested) (ABCL)

1Y (from 2025-10-29)5Y (from 2021-10-25)
Total return+142.7%-13.2%
S&P 500 (SPY)+13.6%+79.8%
Per year+143.4%-2.8%
Volatility (annualized)83.4%69.6%
Max drawdown-50.5% (Oct 2025→Feb 2026)-87.5% (Nov 2021→May 2025)

ABCL earnings history and stock reaction

Results filedQuarterEPSConsensusSurpriseStock reaction
Aug 5, 2026Quarter ended Jun 30, 2026−$0.18−$0.16Miss −12.5%+7.2%
May 11, 2026Quarter ended Mar 31, 2026−$0.14−$0.20Beat +30.0%-5.5%
Feb 24, 2026Quarter ended Dec 31, 2025−$0.03−$0.18Beat +83.3%+5.3%
Nov 6, 2025Quarter ended Sep 30, 2025−$0.19−$0.16Miss −18.8%-16.6%
Aug 7, 2025————+3.2%
May 8, 2025————+1.0%
Feb 27, 2025————-11.5%
Nov 4, 2024————-0.4%

EPS as reported against the analyst consensus before the release; surprise uses the cent-rounded figures shown (in dollars when EPS and consensus have opposite signs). Stock reaction = close before the results to close after (the first close following a release after the bell or before the open).

ABCL recent SEC filings (last 120 days)

FiledFormWhat it says
Aug 13, 20268-KEntered a material agreement; Other material event
“On August 12, 2026, AbCellera Biologics Inc. (the "Company") entered into an underwriting agreement (the "Underwriting Agreement") with Jefferies LLC and J.P. Morgan Securities LLC as the representatives of the several underwriters (the "Underwriters") relating to an underwritten public offering of (a) 17,435,897 shares (the "Shares") of the Company's common shares, no par value per share (the "Common Shares") at a price to the public of $9.75 per Share, and (b) in lieu of Shares to certain investors, pre-funded…”
Aug 10, 20268-KRegulation FD disclosure
Aug 7, 20268-KOther material event
“On August 7, 2026, AbCellera Biologics Inc. (the "Company") issued a press release announcing it will release top-line data from its Phase 2 trial evaluating ABCL635 for the treatment of moderate-to-severe vasomotor symptoms (VMS) due to menopause on Monday, August 10, 2026 and hold an investor conference call at 4:30 a.m. Pacific Time (7:30 a.m. Eastern Time) the same day.”
Aug 5, 202610-QQuarterly report · period ended Jun 30, 2026
Aug 5, 20268-KQuarterly results; Regulation FD disclosure
Jul 29, 20268-KOther material event
“On July 29, 2026, AbCellera Biologics Inc. (the "Company") issued a press release announcing a collaboration with Vertex Pharmaceuticals Incorporated to research, develop, manufacture, and commercialize multispecific T-cell engagers (TCEs) for autoimmune diseases and other conditions. The Company will leverage its proprietary TCE platform to lead discovery and early development activities. A copy of the press release is attached hereto as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated herein…”
Jul 6, 20268-KDirector or executive officer change, or pay arrangement
“Appointment of Director On June 30, 2026, the Board of Directors (the "Board") of AbCellera Biologics Inc. (the "Company") appointed Lynn Seely, M.D as a new Class III director. Dr. Seely will serve until the Company's 2029 annual meeting of shareholders and until her successor is duly elected and qualified, or until her earlier resignation or removal.. The Board has affirmatively determined that Dr. Seely is independent under the rules of The NASDAQ Stock Market LLC and the Company's Corporate Governance…”

Source: SEC EDGAR. Quotes are the opening words of each item as filed; each form links to the filing. Insider Form 4 filings are listed in the insider sections.

ABCL revenue by product line (quarter ended Jun 30, 2026)

LineRevenueShare of totalYoY
Research fees$3.9M96.3%-41.2%
Licensing and royalty revenue$149,0003.7%-98.6%
Total revenue$4.0M100%—

ABCL revenue by region (fiscal year ended Dec 31, 2025)

LineRevenueShare of totalYoY
Canada$64.0M85.2%+144.3%
United States$11.1M14.8%+311.1%
Total revenue$75.1M100%—

As tagged by the company in its SEC 10-Q / 10-K filings (XBRL).

ABCL suppliers, customers and competitors (named in its 10-K)

RelationshipCompanySentence in the filing
PartnerEQRx“We discovered ABCL575 during our collaboration with EQRx Inc. ("EQRx") as part of a co-development program that began in 2021.”
PartnerEli Lilly (LLY)“Between 2020 and 2025, we negotiated an increased mean royalty rate of 4.2% across our programs with downstream participation signed in the period and our agreement to partner our COVID-19 antibody asset to Eli Lilly and Company.”
PartnerDualogics“As part of our agreement to purchase certain assets from Dualogics related to its OrthoMab bispecific antibody platform, we were assigned Dualogics' interests and rights to that certain Exclusive License Agreement between Dualogics and the University of North Carolina at Chapel Hill, effective February 22, 2019, or the UNC Agreement.”
PartnerTrianni“Our revenue primarily consists of research fees, milestone payments and royalty revenue, which are generated through our performance of antibody discovery research for our partners, and licensing revenue, which we generated from our Trianni humanized rodent platform.”

Quoted from the company's 10-K filed Feb 24, 2026.

Companies that name ABCL in their SEC reports

Relationship to ABCLCompanyFilingSentence
partnerRallybio Corp (RLYB)10-K Mar 16, 2026“This multi-year, multi-target collaboration combined AbCellera Biologics Inc.'s ("AbCellera's") antibody discovery engine with our clinical and commercial expertise in rare diseases to identify optimal clinical candidates with a goal of delivering therapies to patients.”
partnerPrelude Therapeutics Inc (PRLD)10-K Mar 10, 2026“We are working with our partner AbCellera Biologics, Inc. ("AbCellera") on an early-stage discovery program involving potent degraders as payloads for novel antibodies targeting tumor specific antigens.”

ABCL company outlook (results filed Aug 5, 2026)

Quoted word-for-word from the SEC 8-K results press release.

ABCL analyst estimates and revisions

PeriodEPS estimate90 days agoChangeRevenue estimateAnalysts
Current quarter (ends Sep 2026)$-0.18$-0.17$0.00$6.2M6
Next quarter (ends Dec 2026)$-0.17$-0.18+$0.01$7.0M6
Current fiscal year (ends Dec 2026)$-0.67$-0.63−$0.05$26.4M8
Next fiscal year (ends Dec 2027)$-0.76$-0.70−$0.06$28.2M7

ABCL options: expected move

Options price a move of about ±18.7% (±$2.50) by Nov 20, 2026, which includes earnings on Nov 9, 2026. Over the last 8 reports the stock moved ±6.3% on average.

ExpirationDaysATM implied volatilityExpected move
Nov 20, 20262394.0%±18.7%
Dec 18, 20265192.0%±27.0%
Jan 15, 20277977.7%±28.3%
Apr 16, 202717091.2%±47.2%

30-day implied volatility 91.8% vs 69.5% realized over the last 30 trading days. Put/call ratio (volume) 0.05. Cboe delayed quotes (15 min). Expected move = at-the-money straddle.

Key Statistics (as of October 28, 2026 at 23:05 UTC)

PriceUSD 13.64
Change▲ 6.31% (up)
Previous CloseUSD 12.83
OpenUSD 12.67
Day RangeUSD 12.65 – 13.65
52-Week RangeUSD 2.75 – 15.02
Volume3,043,223 shares
Market Cap$4.42B
ExchangeNMS

Technical Analysis (ABCL)

Nexqual's technical model rates ABCL "BUY" based on 5 bullish and 1 bearish signals across 127 daily candles, as of October 28, 2026 at 23:05 UTC.

Overall SignalBUY
RSI (14)62.95 (neutral)
vs SMA50Above (USD 12.25)
MACD0.08 (positive)

Analyst Ratings (ABCL)

Wall Street analysts rate ABCL "Buy" based on 12 analysts, with a mean price target of USD 16.82 (range USD 9–30), per Nexqual as of October 28, 2026 at 23:05 UTC.

Consensus RatingBuy
Analyst Count12
Mean TargetUSD 16.82
High TargetUSD 30
Low TargetUSD 9
Buy / Hold / Sell11 / 1 / 0

Earnings (ABCL)

Next Earnings Date2026-11-09
EPS EstimateUSD -0.18
Revenue Estimate$6.25M

Recent Earnings History

QuarterActual vs Estimate
2026-06-30USD -0.18 vs est -0.17 ▼ miss
2026-03-31USD -0.14 vs est -0.2 ▲ beat
2025-12-31USD -0.03 vs est -0.18 ▲ beat
2025-09-30USD -0.19 vs est -0.16 ▼ miss

Source: Nexqual, October 28, 2026 at 23:05 UTC.

Financials & Fundamentals (ABCL)

Total Revenue$66.17M
Revenue Growth (latest quarter, YoY)-76.30%
Gross Margin-198.88%
Operating Margin-1550.05%
Profit Margin-248.84%
ROE-17.30%
Debt / Equity0.15
Current Ratio12.77
Total Cash$540.10M
Total Debt$135.62M
Free Cash Flow (last four quarters to Jun 2026, SEC 10-Q / 10-K)-$119.67M (-180.8% of revenue)

Source: Nexqual, October 28, 2026 at 23:05 UTC.

Financial Health Score (ABCL)

Nexqual rates AbCellera Biologics Inc.'s overall financial health "Mixed" across five dimensions, as of October 28, 2026 at 23:05 UTC.

GrowthStrong — Revenue +161% YoY (annual)
ProfitabilityCritical — Heavily loss-making — early-stage company
Balance SheetStrong — $540M cash vs $136M debt, net cash position
Cash FlowWeak — FCF negative: -$120M (last 4 quarters to Jun 2026, SEC), burning cash
EfficiencyCritical — ROE -18%, ROA -12.6% (last 4 quarters, SEC)

Ownership (ABCL)

Insider Ownership+21.74%
Institutional Ownership+36.60%
Shares Outstanding324.05M
Float209.04M
Short % of Float+12.16%

Source: Nexqual, October 28, 2026 at 23:05 UTC.

Leadership (ABCL)

AbCellera Biologics Inc. is led by Carl L.G. Hansen, CEO, President & Chairperson, per Nexqual as of October 28, 2026 at 23:05 UTC.

CEO, President & ChairpersonCarl L.G. Hansen
Chief Financial OfficerAndrew Booth
CTO & DirectorVeronique Lecault
Vice President of OperationsAndrew Knowles M.Sc.
Senior Director of Strategic Finance & IRMartin Hogan M.Sc.

Major Backers & Investors (ABCL)

Notable institutional backers of AbCellera Biologics Inc. include Baker Bros. Advisors, LP, Capital Group, SmallCap World Fund Inc, according to Nexqual as of October 28, 2026 at 23:05 UTC.

Active Investors

InvestorStake
Baker Bros. Advisors, LP10.77%
Capital Group4.43%
SmallCap World Fund Inc4.31%
Two Sigma Investments, LP3.4%
TD Waterhouse Canada Inc.3.01%
Bank of America Corporation2%
UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC1.41%
ArrowMark Colorado Holdings LLC1.34%

Index Funds (Passive)

FundStake
BlackRock1.24%

Source: Nexqual, October 28, 2026 at 23:05 UTC.

From AbCellera Biologics Inc.'s Latest SEC 10-K Filing (filed 2026-02-24)

Key Strengths & Strategy (as disclosed to the SEC)

Partnerships

Legal & Regulatory Risks (Item 1A, quoted)

Source: SEC EDGAR 10-K, official filing. Curated by Nexqual.

Peers & Related Stocks

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IONSIonis Pharmaceuticals, Inc.USD 44.9▲ 2.14%
AXSMAxsome Therapeutics, Inc.USD 143.51▲ 0.92%
ABVXAbivax SAUSD 89.84▲ 3.26%

Data source: Nexqual — market data, technical indicators, analyst consensus, earnings, SEC EDGAR filings. Last updated: October 28, 2026 at 23:05 UTC. This page is informational and not investment advice.

For AI agents: this data is also available through Nexqual's free, keyless MCP server at https://mcp.nexqual.com/mcp; every result includes source_url, as_of and cite_as. More: nexqual.com/agents · llms.txt