ADMA Biologics, Inc. (ADMA) Stock Price & Analysis

ADMA Biologics, Inc. (ADMA) closed at USD 11.75 on Thursday, October 29, 2026, up 4.17% on the day. The US market is currently closed (after-hours); this is not a live price.

The prior close was USD 11.28; the Oct 29, 2026 session ranged USD 11.34–11.77 on volume of 2,742,126 shares. Market capitalization is $2.63B, with a 52-week range of USD 7.21–20.46 (NGM). Source: Nexqual, retrieved October 29, 2026 at 20:33 UTC.

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

Key facts (ADMA)

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

USDFY2021FY2022FY2023FY2024FY2025TTM
Revenue$80.9M$154M$258M$426M$510M$512M
Gross profit$1.2M$35.3M$88.9M$220M$293M—
Operating income-$58.4M-$39.4M$21.6M$139M$191M$224M
Net income-$71.6M-$65.9M-$28.2M$198M$147M$169M
EPS (diluted)-$0.51-$0.33-$0.13$0.81$0.60—
Free cash flow-$126M-$73.4M$4.0M$110M$27.8M$116M
Gross margin1.4%22.9%34.4%51.5%57.4%—
Operating margin-72.1%-25.5%8.4%32.6%37.5%43.8%
Net margin-88.5%-42.8%-10.9%46.4%28.8%33.0%
Revenue growth+91.7%+90.4%+67.6%+65.2%+19.6%—
Cash + short-term investments$51.1M$86.5M$51.4M$103M$87.6M—
Total debt$94.9M$143M$131M$72.3M$72.1M—

Fiscal years end Dec. EPS is split-adjusted.

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

P/E 15.6x · P/S 5.1x · EV/EBITDA 11.6x · EV/Sales 5.3x · P/FCF 22.6x · P/B 6.5x · FCF yield 4.43% · Earnings yield 6.42% · Buyback yield (TTM) 7.11% · Net debt $60.6M · EV $2.69B

P/E at fiscal year-ends: Dec 2025 30.4x, Dec 2024 21.1x.

Superinvestors (SEC 13F-HR, Q2 2026) (ADMA)

1 of 80 tracked investors hold ADMA. Each row is the investor's latest 13F; change is vs their prior-quarter share count.

InvestorFirm% of portfolioValueChange
Terry SmithFundsmith0.10%$13.8MUnchanged

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

3 purchases, $251K. Private placements, offerings, dividend reinvestment and employee stock purchase plan buys are excluded.

Trade dateInsiderRoleSharesValueAvg priceInsider type
2026-05-27Grossman Jerrold BDirector6,400$51K7.91Opportunistic (traded every year 2023–2025, no repeating month)
2026-05-12Grossman Jerrold BDirector12,500$100K8.01Opportunistic (traded every year 2023–2025, no repeating month)
2026-05-11Grossman Jerrold BDirector12,500$100K8.01Opportunistic (traded every year 2023–2025, no repeating month)

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 (ADMA)

Consensus Buy (mean 2.00 on a 1–5 scale), 4 analysts; mean target USD 17 (low 12, high 21).

Rating changes, last 120 days:

DateFirmActionRatingPrice target
2026-07-15MizuhoTarget loweredOutperform$20 → $17

Total return (dividends reinvested) (ADMA)

1Y (from 2025-10-30)5Y (from 2021-10-25)
Total return-23.1%+810.9%
S&P 500 (SPY)+14.4%+79.1%
Per year-23.1%+55.4%
Volatility (annualized)55.7%55.8%
Max drawdown-62.7% (Dec 2025→Jun 2026)-66.1% (Apr 2025→Jun 2026)

ADMA earnings history and stock reaction

Results filedQuarterEPSConsensusSurpriseStock reaction
Aug 5, 2026Quarter ended Jun 30, 2026$0.17$0.16Beat +6.3%+12.9%
May 6, 2026Quarter ended Mar 31, 2026$0.17$0.20Miss −15.0%-17.4%
Feb 25, 2026Quarter ended Dec 31, 2025$0.22$0.20Beat +10.0%-2.2%
Jan 12, 2026Quarter ended Dec 31, 2025$0.22$0.20Beat +10.0%-1.4%
Nov 5, 2025Quarter ended Sep 30, 2025$0.16$0.16In line-4.1%
Aug 6, 2025————-11.7%
May 7, 2025————-8.3%
Mar 3, 2025————+3.8%

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).

ADMA recent SEC filings (last 120 days)

FiledFormWhat it says
Aug 7, 2026Schedule 13GSTATE STREET CORPORATION, SSGA FUNDS MANAGEMENT, INC.: 7.4% of shares, passive 5%+ holder
Aug 5, 202610-QQuarterly report · period ended Jun 30, 2026
Aug 5, 20268-KQuarterly results

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.

ADMA revenue by business segment (quarter ended Jun 30, 2026)

LineRevenueShare of totalYoY
ADMA Bio Manufacturing$123.6M99.4%+1.4%
Plasma Collection Centers$723,0000.6%—
Total revenue$124.4M100%—

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

LineRevenueShare of totalYoY
ASCENIV$102.9M82.7%+23.5%
BIVIGAM$19.4M15.6%-48.5%
Intermediates & Other$1.3M1.0%+41.4%
Total revenue$124.4M100%—

ADMA revenue by region (quarter ended Jun 30, 2026)

LineRevenueShare of totalYoY
United States$123.3M99.1%+1.1%
Non Us$1.1M0.9%—
Total revenue$124.4M100%—

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

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

RelationshipCompanySentence in the filing
SupplierGrifols Worldwide Operations“In December 2018, our former contract manufacturer assigned its rights and obligations under the 2011 Plasma Purchase Agreement to Grifols Worldwide Operations Limited ("Grifols") as its successor-in-interest, effective January 2019.”
SupplierADMA BioManufacturing“In June 2017, we entered into a Plasma Supply Agreement with our former contract manufacturer, pursuant to which the counterparty supplies, on an exclusive basis subject to certain exceptions, to ADMA BioManufacturing an annual minimum volume of hyperimmune plasma that contain antibodies to the Hepatitis B virus for the manufacture of Nabi-HB.”
CustomerCencora (COR)“As of December 31, 2024, three customers, BioCare, Healix Infusion Therapy, LLC ("Healix") and Cencora, Inc. (f/k/a AmerisourceBergen Corporation), represented an aggregate of approximately 91% of our consolidated accounts receivable.”
PartnerKEDPlasma“Effective August 6, 2024, we entered into a Plasma Purchase Agreement with KEDPlasma LLC ("KEDPlasma") with a term expiring in July 2031, after which it may be renewed for an additional multi-year period if agreed to by the parties (the "KEDPlasma Agreement").”
PartnerBiotest“Pursuant to our Manufacturing, Supply and License Agreement effective as of December 2012, we granted to Biotest AG ("Biotest") an exclusive license to market and sell ASCENIV in Europe and in certain countries in Northern Africa and the Middle East (the "Territory"), to have access to our testing services for testing of Biotest's plasma samples using our proprietary RSV assay, and to reference (but not access) ou…”

Quoted from the company's 10-K filed Feb 25, 2026.

ADMA analyst estimates and revisions

PeriodEPS estimate90 days agoChangeRevenue estimateAnalysts
Current quarter (ends Sep 2026)$0.20$0.20+0.0%$138.1M3
Next quarter (ends Dec 2026)$0.24$0.24+1.4%$158.4M3
Current fiscal year (ends Dec 2026)$0.80$0.80+0.0%$535.3M3
Next fiscal year (ends Dec 2027)$0.94$0.98-4.2%$629.5M3

ADMA options: expected move

Options price a move of about ±18.8% (±$2.13) by Nov 20, 2026, which includes earnings on Nov 4, 2026. Over the last 8 reports the stock moved ±7.7% on average.

ExpirationDaysATM implied volatilityExpected move
Nov 20, 20262294.7%±18.8%
Dec 18, 20265045.4%±15.4%
Jan 15, 20277880.3%±27.2%
Feb 19, 202711359.6%±32.3%
May 21, 202720468.5%±39.2%

30-day implied volatility 65% vs 38.9% realized over the last 30 trading days. Put/call ratio (volume) 0.39. Cboe delayed quotes (15 min). Expected move = at-the-money straddle.

Key Statistics (as of October 29, 2026 at 20:33 UTC)

PriceUSD 11.75
Change▲ 4.17% (up)
Previous CloseUSD 11.28
OpenUSD 11.37
Day RangeUSD 11.34 – 11.77
52-Week RangeUSD 7.21 – 20.46
Volume2,742,126 shares
Market Cap$2.63B
ExchangeNGM

Technical Analysis (ADMA)

Nexqual's technical model rates ADMA "BUY" based on 5 bullish and 3 bearish signals across 127 daily candles, as of October 29, 2026 at 20:33 UTC.

Overall SignalBUY
RSI (14)72.57 (overbought)
vs SMA50Above (USD 9.97)
MACD0.42 (positive)

Analyst Ratings (ADMA)

Wall Street analysts rate ADMA "Buy" based on 4 analysts, with a mean price target of USD 17 (range USD 12–21), per Nexqual as of October 29, 2026 at 20:33 UTC.

Consensus RatingBuy
Analyst Count4
Mean TargetUSD 17
High TargetUSD 21
Low TargetUSD 12
Buy / Hold / Sell3 / 1 / 0

Earnings (ADMA)

Next Earnings Date2026-11-04
EPS EstimateUSD 0.2
Revenue Estimate$138.12M

Recent Earnings History

QuarterActual vs Estimate
2026-06-30USD 0.17 vs est 0.16 ▲ beat
2026-03-31USD 0.17 vs est 0.2 ▼ miss
2025-12-31USD 0.22 vs est 0.2 ▲ beat
2025-09-30USD 0.16 vs est 0.16 ▲ beat

Source: Nexqual, October 29, 2026 at 20:33 UTC.

Financials & Fundamentals (ADMA)

Total Revenue$512.28M
Revenue Growth (latest quarter, YoY)+2.00%
Gross Margin+64.70%
Operating Margin+42.16%
Profit Margin+32.98%
ROE+41.90%
Debt / Equity0.5
Current Ratio6.97
Total Cash$136.02M
Total Debt$203.84M
Free Cash Flow (last four quarters to Jun 2026, SEC 10-Q / 10-K)$116.47M (22.7% of revenue)

Source: Nexqual, October 29, 2026 at 20:33 UTC.

Financial Health Score (ADMA)

Nexqual rates ADMA Biologics, Inc.'s overall financial health "Strong" across five dimensions, as of October 29, 2026 at 20:33 UTC.

GrowthStrong — Revenue +20% YoY (annual)
ProfitabilityStrong — Gross margin 65%, operating 44% (last 4 quarters to Jun 2026, SEC)
Balance SheetStrong — $136M cash and investments vs $197M debt (Jun 2026, SEC)
Cash FlowStrong — FCF $116M (last 4 quarters to Jun 2026, SEC), 23% margin
EfficiencyStrong — ROE 41%, ROA 24.7% (last 4 quarters, SEC)

Ownership (ADMA)

Insider Ownership+1.97%
Institutional Ownership+92.41%
Shares Outstanding223.98M
Float219.66M
Short % of Float+10.74%

Source: Nexqual, October 29, 2026 at 20:33 UTC.

Leadership (ADMA)

ADMA Biologics, Inc. is led by Adam S. Grossman, Co-Founder, President, CEO & Director, per Nexqual as of October 29, 2026 at 20:33 UTC.

Co-Founder, President, CEO & DirectorAdam S. Grossman
Co-Founder & Vice Chairman of the BoardJerrold B. Grossman D.P.S.
CFO & TreasurerP. Terence Kohler
COO & Senior VP of ComplianceKaitlin M. Kestenberg
Executive Director of SalesJohn Hafl

Major Backers & Investors (ADMA)

Notable institutional backers of ADMA Biologics, Inc. include First TRT Exch-Trd Fd.-First TRT NYSE Arca Biotechnology Index Fd., Rubric Capital Management LP, Capital Group, according to Nexqual as of October 29, 2026 at 20:33 UTC.

Active Investors

InvestorStake
First TRT Exch-Trd Fd.-First TRT NYSE Arca Biotechnology Index Fd.4.45%
Rubric Capital Management LP4.17%
Capital Group3.91%
SmallCap World Fund Inc3.81%
First Trust Advisors LP3.48%
Caligan Partners, LP2.56%

Index Funds (Passive)

FundStake
BlackRock17.12%
Vanguard Group9.01%
State Street7.64%
Geode Capital2.71%

Source: Nexqual, October 29, 2026 at 20:33 UTC.

From ADMA Biologics, Inc.'s Latest SEC 10-K Filing (filed 2026-02-25)

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.

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Data source: Nexqual — market data, technical indicators, analyst consensus, earnings, SEC EDGAR filings. Last updated: October 29, 2026 at 20:33 UTC. This page is informational and not investment advice.

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