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ANABAnaptysBio, Inc.
$46.45$1.4B
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 · Specialty & Generic Drugs
$46.45
At close - Nov 6, 4:00 PM EST - USD
Market Cap$1.38B
P/E12.2x
52W High$72.36
Volume287.66K
OverviewTerminalAnalysisFinancialsValuationEarningsBreakoutsOwnership
VCP Research Verdict2026Q2

Milestone Revenue Surge Masks Cash Burn and Leverage

AnaptysBio appears to have crossed a fundamental inflection point on the strength of licensing milestones, with TTM revenue of $234.6 million representing a 157% expansion and 2026Q2 operating income of $67.0 million, but the growth driver looks lumpy rather than durable, as sequential revenue growth decelerated from…

GrowthMixed
ProfitabilityModerate
ValuationAttractive
TechnicalsWeak
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

8/12 Beats

EPS beat 8 of last 12 quarters

02

Valuation risk

-68% Peers

P/E is 68% below peer median

03

Market leadership

RS 41 · Lag

Laggard (Underperforming 59% of market)

04

Weak Trend

Below 200DMA

Price < 200DMA

Next CatalystEstimated earnings · Dec 21

Market performance

Price History →

Trailing total returns as of 11/8/2026, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC).

YTD Return
ANAB+54.99%
S&P 500 (^GSPC)+7.63%
1-Year Return
ANAB+82.37%
S&P 500 (^GSPC)+9.69%
3-Year Return
ANAB+318.09%
S&P 500 (^GSPC)+73.11%
5-Year Return
ANAB+86.02%
S&P 500 (^GSPC)+59.89%
02

Test the fundamentals

Check whether operating performance supports the current valuation.

VALUATION & INTRINSIC VALUE

Valuation Scenarios

Valuation Analysis
Trailing P/E
12.2x
Forward P/EExpansion
9.2x
EV/EBITDA0th %ile
11.3x
FCF YieldCash Flow
1.3%

Valuation vs 5-Year History

Multiple Range
Metric
Current
5Y Median
Historical Range
Percentile
P/E
12.2x
N/A
N/A
EV/EBITDA
11.3x
15.7x
0th· Low
Price/FCF
76.1x
51.7x
100th· High
Current Multiple
5Y Median (50th %ile)

Intrinsic Value Scenarios

DCF Projection
Bear$49.45+6.5%
Base (Fair)$72.17+55.4%
Bull$93.84+102.0%
$49.45 Bear$72.17 Base$93.84 Bull
Current Market Price: $46.45
Trades at a 35.6% discount to Base DCF ($72.17)
Open DCF & Valuation Models →Chart Terminal ↗

Growth & profitability

Annual revenue & EPS trend
Revenue FY25
$235M+157.0% YoY
Net income FY25
-$13M+90.9% YoY
Free cash flow FY25
$20M+114.5% YoY
Operating margin FY25
20.4%+146.3 pts YoY
ROIC (FY25)55.1%
Avg ROIC 5Y-113.4%
ROE (TTM)1835.6%
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 Rate8/12 (67%)
Revenue Beat Rate10/12 (83%)
QuarterEPS (Act vs Est)Revenue (Act vs Est)
Q4 2026Latest
Sep 21, 2026
$5.11+0.0%
vs $5.11
$27M+0.0%
vs $27M
Q2 2026
May 12, 2026
-$1.84-475.0%
vs -$0.32
$26M+35.5%
vs $19M
Q2 2026
Mar 3, 2026
$1.58+77.5%
vs $0.89
$108M+24.4%
vs $87M
Q4 2025
Nov 4, 2025
$0.52+149.1%
vs -$1.06
$76M+248.2%
vs $22M
Historical baseline: 12 quarters analyzedGAAP / Adjusted
MARKET COVERAGE

Latest News

4 Stories
Seeking Alpha·Oct 30, 2026
Riverwater Micro Opportunities Strategy Q3 2026 Portfolio Activity

We initiated a position in 908 Devices, a maker of portable chemical detection instruments used by hazmat teams, law enforcement, firefighters, and the military. We initiated a position in Bowhead Specialty Holdings, a specialty insurer founded in 2020 by industry veteran Stephen Sills. We exited Coastal Financial in July. Our thesis rested on its role as a banking partner to fintech companies and the operating leverage those partnerships were expected to deliver this year.

Seeking Alpha·Oct 29, 2026
Diamond Hill Small-Mid Cap Fund Q3 2026 Contributors And Detractors

The Fund declined 4.75% while the Russell 2500 Index declined 6.37%. Key contributors include Illumina, Revvity and Waystar. Key detractors include Regal Rexnord, Knife River and Red Rock Resorts.

Zacks Investment Research·Oct 27, 2026
AnaptysBio, Inc. (ANAB) Expected to Beat Earnings Estimates: Should You Buy?

AnaptysBio (ANAB) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

GlobeNewsWire·Oct 19, 2026
Jemperli (dostarlimab) Approved in the U.S. as First and Only Immunotherapy for Adults with MSI-H/dMMR Locally Advanced Rectal Cancer

SAN DIEGO, Oct. 19, 2026 (GLOBE NEWSWIRE) -- AnaptysBio, Inc. (Nasdaq: ANAB), a company focused on managing the financial collaborations for Jemperli with Tesaro, a GSK company, and Quimilza (imsidolimab) with Vanda, today announced that GSK has received U.S. Food and Drug Administration (FDA) approval for Jemperli (dostarlimab) as the first and only immunotherapy for adults with stage II and III microsatellite instability-high (MSI-H)/ mismatch repair deficient (dMMR) locally advanced rectal cancer.

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
$46.45$1.38B12.19157.01%54.28%1835.62%—
RCUS logoRCUSArcus Biosciences, Inc.
$18.28$2.3B-5.23-4.26%-445%-90.04%—
ARQT logoARQTArcutis Biotherapeutics, Inc.
$25.55$3.2B116.8891.34%5.88%14.18%—
IMVT logoIMVTImmunovant, Inc.
$30.53$6.3B-11.66—-7585.86%-69.59%—
REGN logoREGNRegeneron Pharmaceuticals, Inc.
$904.35$93.17B19.820.99%28.51%15.07%0.38%
ABBV logoABBVAbbVie Inc.
$291.31$514.68B49.878.57%15.68%—2.26%

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, IMVT, REGN

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 $263.2M in revenue over the trailing twelve months. Revenue was $234.6M in fiscal year 2025. That is 4179% more than the $5.5M of fiscal year 2013.

How fast is AnaptysBio, Inc. growing?

AnaptysBio, Inc. (ANAB) grew revenue by 113.7% over the trailing twelve months, compared with the twelve months before.

Is ANAB profitable?

Yes. AnaptysBio, Inc. (ANAB) earned $142.8M in net income over the trailing twelve months (a 54.3% net margin).

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

AnaptysBio, Inc. (ANAB) had a return on equity (ROE) of 1835.6% over the trailing twelve months. That is well above the market's typical 10-15%.

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

AnaptysBio, Inc. (ANAB) generated $18.1M in free cash flow over the trailing twelve months.

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

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

See returns →