ADPT

Adaptive Biotechnologies Corporation

Healthcare · $4.6B market cap

Verdict

We can't put a fair value on ADPT right now. It has lost money in each of its last 3 years, and our valuation needs recent profits to project from.

Business quality

1 of 5 clear the 10% bar. What are the Big Five?

Earnings per share growth—?
Equity per share growth-24.3% a year✗
Sales growth25.4% a year✓
Free cash flow growth—?
Return on invested capital-29.4%✗

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Superinvestors

2 of the investors we track hold ADPT. In Q2 2026, 1 trimmed. Who we track

Moves in Q2 2026

Trimmed: Polen Capital Management

Insider activity

Since Aug 31, 2026: no open-market purchases and 1 other filing (stock awards, tax withholding and similar). Why purchases matter

Other filings

About Adaptive Biotechnologies Corporation

Adaptive Biotechnologies Corporation, founded in 2009 and headquartered in Seattle, Washington (operating as Adaptive TCR Corporation until its name change in December 2011), is a commercial-stage entity focused on pioneering an immune medicine platform. This advanced platform is engineered for the precise diagnosis and effective treatment of a broad spectrum of illnesses. The company offers several core…

Biotechnology

Fair value and Payback Price are estimates from the company's reported financials, not investment advice. Prices as of the close of Oct 3, 2026. How the Payback Price works