ADPT — Stock Film
STOCK FILMSCENE 1/11ADPT · $13.17
Stock Expert AI presents
ADPT
Adaptive Biotechnologies Corporation
~4 min film100% real numbers0 jargon
WHAT DOES THIS COMPANY DO?
Adaptive Biotechnologies Corporation. A quick introduction.

On the stock market since 2019, it operates in the world of health and science. It has 619 employees. Now — the numbers.

on the stock market since 2019
619 employees
$2B market value
Revenue last year:
$0
The loss that same year:
$0
For every $1 it earns, the company spends $1.2.

The company is still in the product-building phase: its spending runs above its sales. That only changes once the product starts selling at scale.

THE SALES TREND
Sales are growing overall, with a pause along the way.

Average growth of 16% a year over the last 4 years. Red columns mark years that ended in a loss.

$154.3M
2021
$185.3M
2022
$170.3M
2023
$179M
2024
$277M
2025
In the vault right now:
$0
DEBT: $280.6M
At this pace, that money lasts about 3.8 years.

Before the clock runs out, either sales must climb sharply or new money must come in. For now, time is on the company’s side.

Every quarter, analysts set a profit bar.
How many of the last 8 did the company clear?
8 / 8
EXPECTATIONS MET OR BEATEN
8
Aug 2024
Nov 2024
Feb 2025
May 2025
Aug 2025
Nov 2025
Feb 2026
May 2026
8 TIMES IN THE LAST 8 QUARTERS
It clears the bar, quarter after quarter.
INSIDE THE REPORT CARD

We compared this company with its own sector across five subjects.

A score of 50 means class average.

BUSINESS QUALITY
69
strong

Clearly above the class average — a step short of the very top.

FINANCIAL STRENGTH
44
weak

Clearly below the class average.

VALUATION
55
average

The price isn’t cheap next to earnings — that’s why this grade sits in the middle.

GROWTH
85
very strong

Sales are growing strongly for its sector.

PRICE MOMENTUM
89
very strong

The stock has been running stronger than the market lately.

WORTH WATCHING

Financial Strength: The cash-and-debt balance is thin; the buffer for hard times is slim.

THE FIVE-YEAR JOURNEY
A long and steep decline.

An investor who bought at the very peak is down 67% today. The business is the same; what changed most is the price — and the expectations — the market pins on it.

1
THE BRIGHT SIDE · 1/3
Sales keep climbing

Over the last 3 years, sales grew about 14% a year on average.

2
THE BRIGHT SIDE · 2/3
The product is selling

Sales run at $277.0M a year. A small number, but proof the product has real buyers.

3
THE BRIGHT SIDE · 3/3
Delivers on expectations

It met or beat analyst expectations in 8 of the last 8 quarters — consistency is a promise kept.

1
THE RISKS · 1/2
Running at a loss

A loss of $59.5M against $277.0M in annual sales.

2
THE RISKS · 2/2
A wildly swinging price

This stock swings about 2.3 times as much as the market average. Big rallies — and big drops — can both happen fast.

FINALE · THE GRADE
D
0 / 100 · MoonshotScore

On our five-subject report card, ADPT sits behind the class. A low grade doesn’t mean “doomed” — it means “big claim, small proof.”

The takeaway: ADPT is a high-risk stock — not yet profitable, and its future rides on its product catching on.

The total grade weighs these five subjects against the sector — it isn’t a simple average of the five.

Analysts’ average target sits above today’s price, yet the valuation grade (55/100) says the stock isn’t cheap.

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This was a film — not investment advice.
Data: FMP & company filings
Jul 21, 2026 · stockexpertai.com · Stock Film