Absci (NASDAQ:ABSI) Stock Falls 10.1% - Here's Why
Written by MarketBeat
October 30, 2026
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Key Points
Absci shares fell 10.1% to about $10.87 in Friday trading, with volume roughly 75% below its average daily level.
Analysts remain broadly bullish, with 11 Buy ratings and one Sell rating; the stock has a “Moderate Buy” consensus and a $14.50 average price target.
The company recently missed quarterly expectations, reporting a $0.21 per-share loss versus a projected $0.19 loss and revenue of $0.32 million versus estimates of $0.92 million.
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Absci Corporation ( NASDAQ:ABSI - Get Free Report )'s share price was down 10.1% on Friday. The company traded as low as $10.80 and last traded at $10.8740. Approximately 1,084,709 shares changed hands during trading, a decline of 75% from the average session volume of 4,302,006 shares. The stock had previously closed at $12.10.
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