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ANABAnaptysBio, Inc.
$50.77$1.5B
Overview & Tools
OverviewChart Terminal ↗Visualize
Valuation & Forecasts
Valuation ModelsEstimatesDCF Model
Price & Analyst Data
Analyst TargetsPrice History
Financial Statements
Income StatementBalance SheetCash FlowRatios & Margins
Performance
P/E HistoryRevenue HistoryEarnings HistoryDividend HistoryTotal Return
Discovery & Screens
Live BreakoutsStock ScreenerOwnership
ANAB logo

AnaptysBio, Inc.

ANAB
NASDAQ · Biotechnology
$50.77
At close - Sep 23, 4:00 PM EDT - USD
Market Cap$1.5B
P/E-110.4x
52W High$72.36
Volume779.58K
OverviewTerminalAnalysisFinancialsValuationEarningsBreakoutsOwnership
VCP Research Verdict2026Q2

Milestone-Driven Volatility Masks Structural Profitability Challenges

AnaptysBio's fundamental outlook appears heavily reliant on non-recurring milestone payments, as evidenced by revenue swings from $108.2M in 2025Q4 to $25.6M in 2026Q1, which may indicate limited visibility into sustainable earnings. Growth drivers include par...

GrowthMixed
ProfitabilityWeak
ValuationAttractive
TechnicalsMixed
Explore valuation models
MARKET ACTION

ANAB price & volume

Price trend, volume and key moving averages

Launch Terminal
Loading chart...
Decision Checklist4 Core Signals

What matters now

The signals most likely to change the investment case.

01

Earnings momentum

10/12 Beats

EPS beat 10 of last 12 quarters

02

Valuation risk

-396% Peers

P/E is 396% below peer median

03

Market leadership

RS 80 · Leader

High momentum (Outperforming 80% of market)

04

Mixed Trend

Mixed

Price < 50DMA but > 200DMA

Next CatalystEstimated earnings · Dec 21

Market performance

Price History →

Trailing total returns as of 9/24/2026, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC).

YTD Return
ANAB+69.40%
S&P 500 (^GSPC)+12.39%
1-Year Return
ANAB+263.42%
S&P 500 (^GSPC)+15.77%
3-Year Return
ANAB+339.57%
S&P 500 (^GSPC)+57.37%
5-Year Return
ANAB+171.06%
S&P 500 (^GSPC)+62.08%
02

Test the fundamentals

Check whether operating performance supports the current valuation.

VALUATION & INTRINSIC VALUE

Valuation Scenarios

Valuation Analysis
Trailing P/E
-110.4x
Forward P/E
N/A
EV/EBITDA100th %ile
25.4x
FCF YieldCash Flow
1.3%

Valuation vs 5-Year History

Multiple Range
Metric
Current
5Y Median
Historical Range
Percentile
P/E
-110.4x
N/A
N/A
EV/EBITDA
25.4x
15.7x
100th· High
Price/FCF
76.7x
51.7x
100th· High
Current Multiple
5Y Median (50th %ile)

Intrinsic Value Scenarios

DCF Projection
Bear$27.40-46.0%
Base (Fair)$44.76-18.9%
Bull$48.92-3.6%
$27.40 Bear$44.76 Base$48.92 Bull
Current Market Price: $50.77
Trades at a 13.4% premium to Base DCF ($44.76)
Open DCF & Valuation Models →Chart Terminal ↗

Growth & profitability

Annual revenue & EPS trend
Revenue
$235M+157.0% YoY
Net income
-$13M+90.9% YoY
Free cash flow
$20M+114.5% YoY
Operating margin
20.4%+146.3 pts YoY
ROIC (TTM)55.1%
Avg ROIC 5Y-
ROE (TTM)-24.5%
Piotroski Score6 / 9
Financial Statements →
03

Monitor what changed

Recent results and news deserve attention only when they alter the forward view.

OPERATING RESULTS

Recent Earnings

Earnings History
EPS Beat Rate10/12 (83%)
Revenue Beat Rate9/12 (90%)
QuarterEPS (Act vs Est)Revenue (Act vs Est)
Q4 2026Latest
Sep 21, 2026
$5.11+1198.9%
vs -$0.47
$27M+95.5%
vs $14M
Q4 2026
Sep 11, 2026
-$0.47+0.0%
vs -$0.47
$13M-5.1%
vs $14M
Q4 2026
Sep 9, 2026
-$0.31+25.0%
vs -$0.41
—
vs $7M
Q4 2026
Sep 2, 2026
-$0.31+25.0%
vs -$0.41
—
vs $7M
Historical baseline: 12 quarters analyzedGAAP / Adjusted
MARKET COVERAGE

Latest News

5 Stories
GlobeNewsWire·Sep 1, 2026
Anaptys Announces Participation at the H.C. Wainwright 28th Annual Global Investment Conference

SAN DIEGO, Sept. 01, 2026 (GLOBE NEWSWIRE) -- AnaptysBio, Inc. (Nasdaq: ANAB), a company focused on managing the financial collaborations for Jemperli with GSK and imsidolimab with Vanda, today announced that Chris Murphy, chief financial officer, is scheduled to present at the H.C. Wainwright 28th Annual Global Investment Conference on Tuesday, Sept. 15, 2026. The presentation is scheduled to begin at 3:30pm ET.

Defense World·Sep 1, 2026
16,500 Shares in AnaptysBio, Inc. $ANAB Bought by Canada Pension Plan Investment Board

Canada Pension Plan Investment Board purchased a new stake in AnaptysBio, Inc. (NASDAQ: ANAB) in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund purchased 16,500 shares of the biotechnology company's stock, valued at approximately $1,114,000. Canada Pension Plan Investment Board owned

Zacks Investment Research·Aug 24, 2026
GSK's sBLA for Jemperli Gets FDA Priority Tag in Rectal Cancer

GSK's Jemperli gets FDA priority review for dMMR/MSI-H rectal cancer with a decision due in February 2027, while Hibsago wins Japan approval in CHB.

Seeking Alpha·Jul 29, 2026
AnaptysBio: The Royalty Waterfall Is About To Reverse

AnaptysBio is now a focused royalty management company, with its value tied primarily to Jemperli royalties from GSK. Post-spin, ANAB operates virtually with a 95% targeted EBIT margin and over $140M net cash, eliminating prior R&D burn. Jemperli royalties escalate with sales, and once the Sagard obligation is paid (expected by mid-2027), ANAB will retain high-margin, growing royalty streams.

Filtered for AnaptysBio, Inc.More Headlines
04

Compare before deciding

Benchmark ANAB against direct peers instead of judging its metrics in isolation.

Peers Comparison

Key metrics vs top competitors for AnaptysBio, Inc. (ANAB)

Full Screener →
CompanyPriceMarket CapP/E RatioRev Growth (1Y)Net MarginROEDiv Yield
ANAB logoANABAnaptysBio, Inc.Current
$50.77$1.5B-110.37157.01%-5.64%-24.49%—
RCUS logoRCUSArcus Biosciences, Inc.
$26.39$3.32B-8.02-4.26%-386.32%-87.98%—
ARQT logoARQTArcutis Biotherapeutics, Inc.
$26.38$3.3B-202.9291.34%6.15%15.05%—
DAWN logoDAWNDay One Biopharmaceuticals, Inc.
$21.53$2.22B-20.7020.6%-67.85%-23.43%—
FOLD logoFOLDAmicus Therapeutics, Inc.
$14.49$4.55B-164.8520.05%-4.27%-12.02%—
IMVT logoIMVTImmunovant, Inc.
$34.54$7.13B-12.47—-7585.86%-69.59%—

Compare ANAB vs Peers

AnaptysBio, Inc. (ANAB) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.

Closest Rival

vs RCUS

Most directly comparable listed peer for ANAB.

Scale Benchmark

vs LLY

Larger-name benchmark to compare ANAB against a more recognizable public peer.

Peer Set

Compare Top 5

vs RCUS, ARQT, DAWN, FOLD

05

Keep researching

Verify the primary filings, follow material updates, and answer the remaining questions.

ANAB SEC Filings & Documents

AnaptysBio, Inc. (ANAB) SEC filings — annual & quarterly reports (10-K, 10-Q)

8-K Announcements

6
Material company update

Sep 21, 2026·SEC

Material company update

Aug 11, 2026·SEC

Material company update

Jul 30, 2026·SEC

10-K Annual Reports

3
FY 2026

Mar 3, 2026·SEC

FY 2025

Feb 27, 2025·SEC

FY 2024

Mar 11, 2024·SEC

10-Q Quarterly Reports

6
FY 2026

May 12, 2026·SEC

FY 2025

Nov 4, 2025·SEC

FY 2025

Aug 6, 2025·SEC

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ANAB Frequently Asked Questions

AnaptysBio, Inc. (ANAB) stock FAQ — growth, dividends, profitability & financials explained

Growth & Financials
What is AnaptysBio, Inc.'s revenue?

AnaptysBio, Inc. (ANAB) reported $237.6M in revenue for fiscal year 2025. This represents a 4234% increase from $5.5M in 2013.

How fast is AnaptysBio, Inc. growing?

AnaptysBio, Inc. (ANAB) grew revenue by 157.0% over the past year. This is strong growth.

Is ANAB profitable?

Yes, AnaptysBio, Inc. (ANAB) is profitable, generating $195.7M in net income for fiscal year 2025 (-5.6% net margin).

Dividend & Returns
What is ANAB's return on equity?

AnaptysBio, Inc. (ANAB) has a return on equity (ROE) of -24.5%. Negative ROE indicates the company is unprofitable.

What is AnaptysBio, Inc.'s free cash flow?

AnaptysBio, Inc. (ANAB) generated $18.1M in free cash flow for fiscal year 2025. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.

What if you invested $1,000 in ANAB back in 2013?

Total return calculator · dividends reinvested · 13+ years of data

See returns →