Adicet Bio (ACET)


Market Price (7/28/2026): $8.15 | Market Cap: $87.6 MilSector: Health Care | Industry: Biotechnology

Adicet Bio (ACET)


Market Price (7/28/2026): $8.15
Market Cap: $87.6 Mil
Sector: Health Care
Industry: Biotechnology

Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.

0

Cash is significant % of market cap
Net D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is -143%

Megatrend and thematic drivers
Megatrends include Biotechnology & Genomics, Precision Medicine, and Aging Population & Chronic Disease. Themes include Gene Editing & Therapy, Show more.

Weak multi-year price returns
2Y Excs Rtn is -96%, 3Y Excs Rtn is -146%

Very low revenue
Rev LTMTotal Revenue or Sales, Last Twelve Months is 0

Not profitable at operating income level
Op Inc LTMOperating Income, Last Twelve Months is -114 Mil

Yield minus risk free rate is negative
ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -130%

Key risks
ACET key risks include [1] dependency on the clinical success of its product candidates like ADI-001 and [2] unpredictable regulatory approval pathways for its novel technologies.

0 Cash is significant % of market cap
Net D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is -143%
1 Megatrend and thematic drivers
Megatrends include Biotechnology & Genomics, Precision Medicine, and Aging Population & Chronic Disease. Themes include Gene Editing & Therapy, Show more.
2 Weak multi-year price returns
2Y Excs Rtn is -96%, 3Y Excs Rtn is -146%
3 Very low revenue
Rev LTMTotal Revenue or Sales, Last Twelve Months is 0
4 Not profitable at operating income level
Op Inc LTMOperating Income, Last Twelve Months is -114 Mil
5 Yield minus risk free rate is negative
ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -130%
6 Key risks
ACET key risks include [1] dependency on the clinical success of its product candidates like ADI-001 and [2] unpredictable regulatory approval pathways for its novel technologies.

ACET in ETFs

Weight = ACET's share of each fund

VTI0.00%
DFAS0.00%

Valuation & Metrics

Price Chart

Why The Stock Moved

Qualitative Assessment

AI Analysis | Feedback

Updated on 7/24/2026

Adicet Bio (ACET) stock has gained about 20% since 3/31/2026 because of the following key factors:

1. Adicet Bio reported stronger-than-expected financial results for fiscal Q1 2026 and extended its cash runway.

On May 13, 2026, Adicet Bio announced its fiscal Q1 2026 earnings per share (EPS) of -$1.88, significantly beating the consensus estimate of -$2.93 by $1.05. The company also narrowed its net loss to $20.2 million for the quarter, compared to $28.2 million in the prior year, primarily due to reduced operating expenses, research and development (R&D), and general and administrative (G&A) costs. Furthermore, Adicet Bio reported a strong cash position of $137.6 million in cash, cash equivalents, and short-term investments as of March 31, 2026, which is projected to fund its operations into the second half of fiscal 2027.

2. Significant advancements and regulatory interactions for prula-cel (ADI-001) in autoimmune diseases.

Adicet Bio provided updates on its lead candidate, prula-cel (ADI-001), for autoimmune diseases. The company anticipated a mid-fiscal 2026 clinical update from its Phase 1 trial in lupus nephritis (LN) and systemic lupus erythematosus (SLE), which includes data from at least 20 patients with a minimum of six months of follow-up. Crucially, Adicet Bio scheduled an interaction with the U.S. Food and Drug Administration (FDA) in fiscal Q2 2026 to discuss and inform the potential pivotal trial design for prula-cel, with expectations to initiate a pivotal study in LN or LN and SLE patients in the second half of fiscal 2026.

Show more
Updated on 7/24/2026

Adicet Bio (ACET) stock has gained about 20% since 3/31/2026 because of the following key factors:

1. Adicet Bio reported stronger-than-expected financial results for fiscal Q1 2026 and extended its cash runway.

On May 13, 2026, Adicet Bio announced its fiscal Q1 2026 earnings per share (EPS) of -$1.88, significantly beating the consensus estimate of -$2.93 by $1.05. The company also narrowed its net loss to $20.2 million for the quarter, compared to $28.2 million in the prior year, primarily due to reduced operating expenses, research and development (R&D), and general and administrative (G&A) costs. Furthermore, Adicet Bio reported a strong cash position of $137.6 million in cash, cash equivalents, and short-term investments as of March 31, 2026, which is projected to fund its operations into the second half of fiscal 2027.

2. Significant advancements and regulatory interactions for prula-cel (ADI-001) in autoimmune diseases.

Adicet Bio provided updates on its lead candidate, prula-cel (ADI-001), for autoimmune diseases. The company anticipated a mid-fiscal 2026 clinical update from its Phase 1 trial in lupus nephritis (LN) and systemic lupus erythematosus (SLE), which includes data from at least 20 patients with a minimum of six months of follow-up. Crucially, Adicet Bio scheduled an interaction with the U.S. Food and Drug Administration (FDA) in fiscal Q2 2026 to discuss and inform the potential pivotal trial design for prula-cel, with expectations to initiate a pivotal study in LN or LN and SLE patients in the second half of fiscal 2026.

3. Progress was made in the solid tumor pipeline with the ADI-212 program.

The company also advanced its ADI-212 program, a next-generation gene-edited and armored cell therapy candidate targeting metastatic castration-resistant prostate cancer (mCRPC). Adicet Bio expects to submit a regulatory filing for ADI-212 during fiscal Q3 2026, with the initiation of Phase 1 enrollment anticipated in fiscal Q4 2026, contingent on regulatory clearance. This highlights the expansion and progress of Adicet Bio's pipeline into solid tumors.

4. Positive analyst coverage and updated price targets contributed to investor confidence.

Analyst sentiment regarding Adicet Bio improved during the period. Jefferies Financial Group initiated coverage on May 5, 2026, with a "buy" rating and a $19.00 price target. Other firms, such as Canaccord Genuity and Wedbush, maintained "Buy" ratings with price targets of $18 and $25, respectively. The consensus rating from various analysts ranged from "Moderate Buy" to "Strong Buy," with average consensus price targets reported between $24.11 and $48.80.

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Stock Movement Drivers

Fundamental Drivers

The 18.4% change in ACET stock from 3/31/2026 to 7/27/2026 was primarily driven by a 0.0% change in the company's Total Revenues ($ Mil).
(LTM values as of)33120267272026Change
Stock Price ($)6.818.0618.4%
Change Contribution By: 
Total Revenues ($ Mil)000.0%
P/S Multiple0.0%
Shares Outstanding (Mil)1011-10.8%
Cumulative Contribution0.0%

LTM = Last Twelve Months as of date shown

Market Drivers

3/31/2026 to 7/27/2026
ReturnCorrelation
ACET18.4% 
Market (SPY)13.6%38.4%
Sector (XLV)11.5%-2.9%

Fundamental Drivers

The -4.3% change in ACET stock from 12/31/2025 to 7/27/2026 was primarily driven by a -47.0% change in the company's Shares Outstanding (Mil).
(LTM values as of)123120257272026Change
Stock Price ($)8.428.06-4.3%
Change Contribution By: 
Total Revenues ($ Mil)000.0%
P/S Multiple0.0%
Shares Outstanding (Mil)611-47.0%
Cumulative Contribution0.0%

LTM = Last Twelve Months as of date shown

Market Drivers

12/31/2025 to 7/27/2026
ReturnCorrelation
ACET-4.3% 
Market (SPY)8.7%45.8%
Sector (XLV)6.0%13.1%

Fundamental Drivers

The -17.4% change in ACET stock from 6/30/2025 to 7/27/2026 was primarily driven by a -47.0% change in the company's Shares Outstanding (Mil).
(LTM values as of)63020257272026Change
Stock Price ($)9.768.06-17.4%
Change Contribution By: 
Total Revenues ($ Mil)000.0%
P/S Multiple0.0%
Shares Outstanding (Mil)611-47.0%
Cumulative Contribution0.0%

LTM = Last Twelve Months as of date shown

Market Drivers

6/30/2025 to 7/27/2026
ReturnCorrelation
ACET-17.4% 
Market (SPY)20.6%33.0%
Sector (XLV)22.8%14.9%

Fundamental Drivers

The -79.3% change in ACET stock from 6/30/2023 to 7/27/2026 was primarily driven by a -75.0% change in the company's Shares Outstanding (Mil).
(LTM values as of)63020237272026Change
Stock Price ($)38.888.06-79.3%
Change Contribution By: 
Total Revenues ($ Mil)000.0%
P/S Multiple0.0%
Shares Outstanding (Mil)311-75.0%
Cumulative Contribution0.0%

LTM = Last Twelve Months as of date shown

Market Drivers

6/30/2023 to 7/27/2026
ReturnCorrelation
ACET-79.3% 
Market (SPY)72.6%22.5%
Sector (XLV)28.9%20.9%

Return vs. Risk

Price Returns Compared

 202120222023202420252026Total [1]
Returns
ACET Return24%-49%-79%-49%-45%-7%-97%
Peers Return43%-20%3%78%-33%-8%29%
S&P 500 Return27%-19%24%23%16%8%97%

Monthly Win Rates [3]
ACET Win Rate50%58%33%17%42%29% 
Peers Win Rate46%50%46%58%75%41% 
S&P 500 Win Rate75%42%67%75%67%43% 

Max Drawdowns [4]
ACET Max Drawdown-63%-64%-88%-75%-59%-31% 
Peers Max Drawdown-41%-46%-34%-26%-59%-39% 
S&P 500 Max Drawdown-5%-25%-10%-8%-19%-9% 


[1] Cumulative total returns since the beginning of 2021
[2] Peers: VRTX, ATYR, AVLN, CNXU, COAG.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2026 data is for the year up to 7/27/2026 (YTD)

How Low Can It Go

EventACETS&P 500
2025 US Tariff Shock
  % Loss-55.7%-18.8%
  % Gain to Breakeven125.9%23.1%
  Time to Breakeven189 days79 days
Summer-Fall 2023 Five Percent Yield Shock
  % Loss-54.0%-9.5%
  % Gain to Breakeven117.6%10.5%
  Time to Breakeven38 days24 days
2022 Inflation Shock & Fed Tightening
  % Loss-44.0%-24.5%
  % Gain to Breakeven78.7%32.4%
  Time to Breakeven43 days427 days
2020 COVID-19 Crash
  % Loss-40.5%-33.7%
  % Gain to Breakeven68.1%50.9%
  Time to Breakeven42 days140 days

Compare to VRTX, ATYR, AVLN, CNXU, COAG

In The Past

Adicet Bio's stock fell -55.7% during the 2025 US Tariff Shock. Such a loss loss requires a 125.9% gain to breakeven.

Preserve Wealth

Limiting losses and compounding gains is essential to preserving wealth.

Asset Allocation

Actively managed asset allocation strategies protect wealth. Learn more.

EventACETS&P 500
2025 US Tariff Shock
  % Loss-55.7%-18.8%
  % Gain to Breakeven125.9%23.1%
  Time to Breakeven189 days79 days
Summer-Fall 2023 Five Percent Yield Shock
  % Loss-54.0%-9.5%
  % Gain to Breakeven117.6%10.5%
  Time to Breakeven38 days24 days
2022 Inflation Shock & Fed Tightening
  % Loss-44.0%-24.5%
  % Gain to Breakeven78.7%32.4%
  Time to Breakeven43 days427 days
2020 COVID-19 Crash
  % Loss-40.5%-33.7%
  % Gain to Breakeven68.1%50.9%
  Time to Breakeven42 days140 days

Compare to VRTX, ATYR, AVLN, CNXU, COAG

In The Past

Adicet Bio's stock fell -55.7% during the 2025 US Tariff Shock. Such a loss loss requires a 125.9% gain to breakeven.

Preserve Wealth

Limiting losses and compounding gains is essential to preserving wealth.

Asset Allocation

Actively managed asset allocation strategies protect wealth. Learn more.

About Adicet Bio (ACET)

Adicet Bio, Inc. (ACET) is a biotechnology company dedicated to the discovery and development of innovative cell therapies for cancer and other diseases. The company's core technology revolves around allogeneic gamma delta T cells, a unique type of immune cell. Adicet Bio engineers these cells with advanced components like chimeric antigen receptors (CARs) and T cell receptor-like antibodies to enhance their ability to selectively target tumors, stimulate the body's natural anti-tumor immune response, and provide durable therapeutic effects in patients.

The company's lead product candidate is ADI-001, which is currently undergoing a Phase I clinical study for the treatment of non-Hodgkin's lymphoma. Beyond this, Adicet Bio is also advancing ADI-002 through preclinical studies, with the goal of developing therapies for a range of solid tumors. These investigational products represent the company's commitment to addressing significant unmet medical needs in oncology.

Adicet Bio's primary market consists of patients suffering from various forms of cancer, initially focusing on hematological malignancies like non-Hodgkin's lymphoma, and expanding into solid tumors. As a developer of advanced cell therapies, the company operates within the highly specialized and competitive oncology segment of the global biotechnology and pharmaceutical industry, aiming to provide groundbreaking treatment options to patients.

AI Analysis | Feedback

Here are 1-3 brief analogies for Adicet Bio:

  • It's like a Gilead or Novartis, but focused on next-generation 'off-the-shelf' cell therapies for cancer.

  • Think of it as the Moderna of gamma delta T cell therapies for cancer.

  • It's like a Kite Pharma for 'off-the-shelf' gamma delta T cell cancer treatments.

AI Analysis | Feedback

  • ADI-001: This is an allogeneic gamma delta T cell therapy currently in Phase I clinical study for the treatment of non-Hodgkin's lymphoma.
  • ADI-002: This is an allogeneic gamma delta T cell therapy undergoing preclinical studies for the treatment of various solid tumors.

AI Analysis | Feedback

Adicet Bio (ACET) is a biotechnology company focused on the discovery and development of allogeneic gamma delta T cell therapies. Its lead product, ADI-001, is currently in Phase I clinical study for non-Hodgkin's lymphoma, and ADI-002 is in preclinical studies.

As a clinical-stage biotechnology company, Adicet Bio does not currently have major customers in the traditional sense, as its products are still in development and not yet approved for commercial sale. Companies at this stage primarily focus on research, development, and clinical trials. Their funding typically comes from investors, and potential future revenue streams would involve licensing agreements or commercial sales to hospitals, clinics, or pharmaceutical distributors once a product gains regulatory approval.

AI Analysis | Feedback

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AI Analysis | Feedback

Chen Schor, President and Chief Executive Officer

Chen Schor has served as President and CEO of Adicet Bio since September 2020. With over 25 years of global biopharmaceutical leadership experience, he has guided several biotech companies through various stages, from formation to publicly traded multi-product companies with significant industry partnerships. Mr. Schor has overseen strategic transactions exceeding $8 billion with companies such as GSK, Amgen, Pfizer, and Merck KGaA, and has led equity financing totaling over $500 million. He was a Partner at Yozma Venture Capital, where he was instrumental in founding and growing multiple therapeutic companies to commercial success and exit. He also served as President, CEO, CFO, Secretary, and Director of resTORbio, Inc., which he founded in 2016, and Adicet's public company operations began after a reverse merger with resTORbio in September 2020. His past executive roles include President, CEO, and Director at Synta Pharmaceuticals Corp., Novalere, Inc., and Adicet Therapeutics, Inc.

Nick Harvey, Chief Financial Officer

Nick Harvey has been the Chief Financial Officer for Adicet Bio since September 2020. He possesses over 20 years of experience in building and financing life science and technology businesses. Before joining Adicet, Mr. Harvey served as the Executive Vice President and Chief Financial Officer of Centrexion Therapeutics, a privately held biotechnology company. Prior to that, he was the Chief Financial Officer of Radius Health for over ten years, where he played a key role in the company's successful initial public offering in 2014 and its transition from a research and development stage to a commercial organization. He also previously held a position as Managing Director at Shiprock Capital, a venture capital firm, where he managed investments and the development of early and late-stage companies.

Blake Aftab, Ph.D., Chief Scientific Officer

Dr. Blake Aftab joined Adicet Bio in April 2021. He brings nearly 20 years of extensive experience from academia, biotech, and pharmaceutical industries, specializing in the development of various therapeutic modalities including small molecules, biologics, antibody-drug conjugates, and cell therapies across all stages of drug development. Prior to Adicet, Dr. Aftab was Vice President and Head of Preclinical Science and Translational Medicine at Atara Biotherapeutics, Inc., a publicly traded immunotherapy company, where he contributed to the company's shift to cell therapy and spearheaded the development of Allo-CAR T cell capabilities.

Julie Maltzman, M.D., Chief Medical Officer

Dr. Julie Maltzman was appointed Chief Medical Officer of Adicet Bio, effective January 13, 2025, succeeding Francesco Galimi. She has over 20 years of broad experience leading clinical development efforts in both oncology and autoimmune diseases, spanning all phases of drug development from early-stage research to global regulatory filings, approvals, and commercialization. Before Adicet, Dr. Maltzman served as Chief Medical Officer at IconOVir Bio. Her previous experience includes serving as VP, Global Head of GI Cancers and Cancer Immunotherapy at Roche/Genentech, where she oversaw the global registration and commercialization of the solid tumor combination therapy Tecentriq+Avastin and co-led the cross-functional team for all Tecentriq program activities. She also held leadership roles at Gilead and GlaxoSmithKline (GSK).

Donald Healey, Ph.D., Chief Technology Officer

Dr. Donald Healey joined Adicet Bio in October 2020 as Chief Technology Officer. He contributes nearly two decades of experience in cell therapy development and manufacturing to the company.

AI Analysis | Feedback

The key risks for Adicet Bio (ACET) primarily stem from its status as a clinical-stage biotechnology company developing cell therapies for cancer and autoimmune diseases.

  1. Clinical Trial and Regulatory Approval Risk: Adicet Bio's success is highly dependent on the outcomes of its clinical trials, particularly for its lead product candidate, prula-cel (formerly ADI-001), which is in Phase I studies for non-Hodgkin's lymphoma and autoimmune diseases. There is inherent uncertainty in clinical trials, with high attrition rates and the possibility that product candidates may fail to demonstrate adequate safety or efficacy. Adverse results or delays in these trials could significantly impede or prevent regulatory approval and commercialization, severely impacting the company's business prospects and financial condition.
  2. Need for Additional Financing: As a clinical-stage company, Adicet Bio currently generates no revenue and incurs substantial research and development expenses. The company is "quickly burning through cash" and will require significant additional capital to advance its product candidates through further clinical development and eventual commercialization. Although Adicet Bio reported a cash position of $158.5 million as of December 31, 2025, expected to fund operations into the latter part of 2027, extended trial timelines or unforeseen expenses could necessitate earlier fundraising, potentially leading to shareholder dilution or increased debt burden. The company's probability of bankruptcy is estimated at 49.5%.
  3. Intense Competition: The field of cell therapies for cancer and autoimmune diseases is highly competitive and rapidly evolving. Adicet Bio's focus on allogeneic gamma delta T cell therapies offers a differentiated approach, but it faces competition from numerous larger pharmaceutical companies and other biotechnology firms with greater financial resources, more established market presence, and potentially more advanced development or commercialization efforts. This competitive landscape could make it challenging for Adicet Bio to gain market share or secure intellectual property advantages.

AI Analysis | Feedback

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AI Analysis | Feedback

Adicet Bio, Inc. (NASDAQ: ACET) is a biotechnology company focused on developing allogeneic gamma delta T cell therapies for cancer and other diseases. The company's main product candidates in its pipeline are ADI-001, which targets non-Hodgkin's lymphoma, and ADI-212 (previously ADI-002/ADI-270), which is in preclinical development for solid tumors, specifically metastatic castration-resistant prostate cancer (mCRPC).

ADI-001 (Non-Hodgkin's Lymphoma)

The global addressable market for non-Hodgkin's lymphoma (NHL) therapeutics is substantial and projected to grow. In 2025, the global non-Hodgkin lymphoma therapeutics market size was valued at approximately USD 10.99 billion and is predicted to increase to about USD 20.94 billion by 2034, demonstrating a compound annual growth rate (CAGR) of 7.43% from 2025 to 2034. Another estimate places the global non-Hodgkin lymphoma therapeutics market at USD 11.59 billion in 2025, with a projection to reach USD 19.44 billion by 2034, growing at a CAGR of 6.25%. North America plays a significant role in this market, holding the largest share, estimated at 43% in 2024. The U.S. non-Hodgkin lymphoma therapeutics market alone recorded USD 3.9 billion in 2023.

ADI-212 (Solid Tumors - Metastatic Castration-Resistant Prostate Cancer)

Adicet Bio's ADI-212 is an investigational candidate designed to target prostate-specific membrane antigen (PSMA) for solid tumors, with an initial focus on metastatic castration-resistant prostate cancer (mCRPC). The broader global solid tumor therapeutics market represents a significant addressable market. It was valued at approximately USD 210.46 billion in 2024 and is projected to reach USD 408.47 billion by 2033, exhibiting a CAGR of 7.70% during the forecast period. Another report estimates the global solid tumor therapeutics market at USD 222.71 billion in 2023, with a projection to reach USD 885.44 billion by 2033, growing at a CAGR of 14.80%. North America held a dominant position in the global solid tumor therapeutics market, accounting for approximately 40.8% of the total market share throughout the forecast period.

AI Analysis | Feedback

Adicet Bio (NASDAQ: ACET) is a clinical-stage biotechnology company focused on developing allogeneic gamma delta T cell therapies. While currently pre-revenue from product sales, the company's future revenue growth over the next 2-3 years is expected to be driven by significant advancements in its pipeline, particularly its lead product candidates.

Here are 3-5 expected drivers of future revenue growth for Adicet Bio:

  1. Advancement of Prula-cel (ADI-001) into Pivotal Trials for Autoimmune Diseases: Adicet Bio is making significant progress with its lead product candidate, prula-cel (formerly ADI-001), in autoimmune diseases such as lupus nephritis (LN) and systemic lupus erythematosus (SLE). The company plans to meet with the FDA in the second quarter of 2026 to discuss pivotal trial design and aims to initiate a pivotal study in LN or LN and SLE patients in the second half of 2026. This progression towards late-stage clinical development and potential regulatory submission is a critical driver for future revenue. Prula-cel has also received Fast Track Designation from the FDA for several autoimmune indications, which could accelerate its development and review.
  2. Expansion of Prula-cel (ADI-001) into Additional Autoimmune Indications: Beyond LN and SLE, Adicet is expanding the evaluation of prula-cel into other autoimmune diseases, including systemic sclerosis (SSc) and treatment-refractory rheumatoid arthritis (RA). A Phase 1 study for RA is underway, with data expected in the second half of 2026, broadening the potential market for this lead candidate. Successfully developing prula-cel across multiple indications could substantially increase its market potential and future revenue streams.
  3. Initiation of Clinical Development for ADI-212 in Solid Tumors: Adicet Bio is advancing ADI-212, a new solid tumor candidate for metastatic castration-resistant prostate cancer (mCRPC). The company plans to submit a regulatory filing for ADI-212 in the third quarter of 2026, with Phase 1 enrollment projected to begin in the fourth quarter of 2026, pending regulatory clearance. Entry into the large oncology market with this novel gamma delta T cell therapy represents a significant potential revenue driver.
  4. Positive Clinical Data Readouts and Regulatory Milestones: The ongoing and anticipated clinical updates for prula-cel in autoimmune diseases throughout 2026, along with the expected initiation of ADI-212's clinical trial, are crucial catalysts. Positive safety and efficacy data, coupled with favorable regulatory interactions (such as the FDA alignment for outpatient dosing of prula-cel), will de-risk the programs and pave the way for accelerated development, eventual regulatory approval, and commercialization, thereby driving future product revenue.

AI Analysis | Feedback

Share Issuance

  • In October 2025, Adicet Bio completed an underwritten registered direct offering, generating approximately $74.8 million in net proceeds.
  • The company also secured approximately $152 million in gross proceeds from a public offering of common stock and a concurrent private placement.
  • In December 2025, Adicet Bio effected a one-for-16 reverse stock split to reduce its outstanding shares from approximately 153.3 million to around 9.6 million, primarily to regain compliance with Nasdaq's minimum bid price requirement.

Inbound Investments

  • Adicet Bio’s revenue to date has been derived from collaboration arrangements rather than product sales.

Capital Expenditures

  • In Q3 2025, Adicet Bio reported $209K in capital expenditures.
  • The company completed plant automation upgrades and expanded fulfillment capacity as operational milestones.

Latest Trefis Analyses

TitleDate
0DASHBOARDS 
1Adicet Bio Earnings Notes12/16/2025
Title
0ARTICLES

Recent Active Movers

Peer Comparisons

Peers to compare with:

Financials

ACETVRTXATYRAVLNCNXUCOAGMedian
NameAdicet B.Vertex P.aTyr Pha.Avalyn P.Conexeu .Hemab Th. 
Mkt Price8.06479.000.4927.627.6850.3917.84
Mkt Cap0.1121.70.01.20.20.00.1
Rev LTM012,2180-0-0
Op Inc LTM-1144,662-73--5--39
FCF LTM-923,710-59--4--32
FCF 3Y Avg-951,977-60----60
CFO LTM-914,241-59--4--32
CFO 3Y Avg-932,401-59----59

Growth & Margins

ACETVRTXATYRAVLNCNXUCOAGMedian
NameAdicet B.Vertex P.aTyr Pha.Avalyn P.Conexeu .Hemab Th. 
Rev Chg LTM-10.1%----10.1%
Rev Chg 3Y Avg-9.9%----9.9%
Rev Chg Q-7.8%----7.8%
QoQ Delta Rev Chg LTM-1.8%0.0%---0.9%
Op Inc Chg LTM10.1%1,214.0%-9.3%---10.1%
Op Inc Chg 3Y Avg-1.6%364.1%-16.3%----1.6%
Op Mgn LTM-38.2%-38,573.7%----19,267.8%
Op Mgn 3Y Avg-24.1%----24.1%
QoQ Delta Op Mgn LTM-0.2%2,282.6%---1,141.4%
CFO/Rev LTM-34.7%-31,096.3%----15,530.8%
CFO/Rev 3Y Avg-21.5%----21.5%
FCF/Rev LTM-30.4%-31,204.7%----15,587.2%
FCF/Rev 3Y Avg-17.7%----17.7%

Valuation

ACETVRTXATYRAVLNCNXUCOAGMedian
NameAdicet B.Vertex P.aTyr Pha.Avalyn P.Conexeu .Hemab Th. 
Mkt Cap0.1121.70.01.20.20.00.1
P/S-10.0252.8---131.4
P/Op Inc-0.826.1-0.7--32.9--0.7
P/EBIT-0.824.0-0.7--33.7--0.7
P/E-0.828.1-0.7--33.7--0.7
P/CFO-0.928.7-0.8--40.1--0.9
Total Yield-125.7%3.6%-145.8%--3.0%--64.3%
Dividend Yield0.0%0.0%0.0%0.0%0.0%0.0%0.0%
FCF Yield 3Y Avg-124.5%1.6%-57.3%----57.3%
D/E0.20.00.20.00.00.00.0
Net D/E-1.4-0.0-1.1-0.1-0.0-3.4-0.6

Returns

ACETVRTXATYRAVLNCNXUCOAGMedian
NameAdicet B.Vertex P.aTyr Pha.Avalyn P.Conexeu .Hemab Th. 
1M Rtn-3.7%-2.5%-7.2%-10.1%-29.9%55.7%-5.4%
3M Rtn1.6%12.4%-38.1%-6.3%-46.7%48.2%-2.4%
6M Rtn-7.4%0.5%-30.1%-6.3%-46.7%48.2%-6.8%
12M Rtn-34.7%2.0%-91.6%-6.3%-46.7%48.2%-20.5%
3Y Rtn-80.6%35.3%-75.6%-6.3%-46.7%48.2%-26.5%
1M Excs Rtn1.3%-1.0%-13.3%-5.4%-25.6%81.0%-3.2%
3M Excs Rtn-1.4%7.9%-41.1%-9.8%-50.1%44.7%-5.6%
6M Excs Rtn-11.7%-4.9%-39.5%-13.5%-53.9%41.0%-12.6%
12M Excs Rtn-51.6%-15.1%-107.7%-22.8%-63.2%31.7%-37.2%
3Y Excs Rtn-146.5%-31.1%-139.4%-69.8%-110.1%-15.3%-90.0%

Comparison Analyses

null

Financials

Segment Financials

Revenue by Segment
$ Mil20232022202120202019
Discovery, development, and commercialization of allogeneic gamma delta T cell therapies for02510181
Total02510181


Net Income by Segment
$ Mil20252024
Discovery, development, and commercialization of allogeneic gamma delta T cell therapies for-117-117
Total-117-117


Assets by Segment
$ Mil202320222021
Discovery, development, and commercialization of allogeneic gamma delta T cell therapies for207331339
Total207331339


Price Behavior

Price Behavior
Market Price$8.06 
Market Cap ($ Bil)0.1 
First Trading Date01/26/2018 
Distance from 52W High-51.6% 
   50 Days200 Days
DMA Price$8.22$8.68
DMA Trenddownup
Distance from DMA-1.9%-7.2%
 3M1YR
Volatility66.9%74.9%
Downside Capture160.37243.96
Upside Capture143.50148.54
Correlation (SPY)38.0%33.5%
ACET Betas & Captures as of 6/30/2026

 1M2M3M6M1Y3Y
Beta1.482.122.462.331.991.30
Up Beta3.191.642.542.582.760.58
Down Beta3.572.952.812.691.201.66
Up Capture-13%239%272%261%233%129%
Bmk +ve Days11244067140429
Stock +ve Days11253764126352
Down Capture67%167%217%180%166%112%
Bmk -ve Days10172358112321
Stock -ve Days8142357122386

[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
Based On 1-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with ACET
ACET-35.2%74.6%-0.26-
Sector ETF (XLV)22.0%15.7%1.0713.4%
Equity (SPY)17.6%12.7%1.0033.5%
Gold (GLD)20.8%28.1%0.6624.8%
Commodities (DBC)29.6%19.5%1.21-7.4%
Real Estate (VNQ)13.9%14.1%0.6910.8%
Bitcoin (BTCUSD)-46.0%43.0%-1.3131.5%

Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 5-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with ACET
ACET-42.5%90.8%-0.18-
Sector ETF (XLV)6.8%15.0%0.2722.3%
Equity (SPY)13.2%17.1%0.5925.1%
Gold (GLD)17.2%18.4%0.7510.6%
Commodities (DBC)9.7%19.5%0.381.7%
Real Estate (VNQ)3.3%18.9%0.0724.7%
Bitcoin (BTCUSD)15.8%53.5%0.4715.6%

Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 10-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with ACET
ACET-42.1%93.4%-0.15-
Sector ETF (XLV)10.1%16.6%0.4920.9%
Equity (SPY)14.9%17.9%0.7123.6%
Gold (GLD)11.4%16.1%0.589.4%
Commodities (DBC)6.9%18.0%0.306.6%
Real Estate (VNQ)5.2%20.7%0.2120.6%
Bitcoin (BTCUSD)58.0%66.2%0.9811.7%

Smart multi-asset allocation framework can stack odds in your favor. Learn How

Short Interest

Short Interest: As Of Date7152026
Short Interest: Shares Quantity0.4 Mil
Short Interest: % Change Since 6302026-24.2%
Average Daily Volume0.1 Mil
Days-to-Cover Short Interest4.3 days
Basic Shares Quantity10.7 Mil
Short % of Basic Shares3.6%

Earnings Returns History

Updated 6/18/2026
Expand for More
 Forward Returns
Earnings Date1D Returns5D Returns21D Returns
5/13/20264.2%-3.8%-0.2%
3/12/20262.4%0.4%-9.8%
11/5/2025-1.9%-0.5%-24.0%
8/7/2025-9.6%-5.4%11.0%
5/6/2025-18.6%10.8%24.3%
3/6/2025-5.9%-8.3%-24.5%
11/6/20242.3%-12.3%-19.2%
8/13/20242.4%22.0%12.6%
...
SUMMARY STATS   
# Positive161412
# Negative81012
Median Positive4.4%6.6%9.2%
Median Negative-4.8%-6.9%-16.5%
Max Positive22.9%29.2%51.1%
Max Negative-18.6%-18.7%-24.5%
Collapse to Preview
 Forward Returns
Earnings Date1D Returns5D Returns21D Returns
5/13/20264.2%-3.8%-0.2%
3/12/20262.4%0.4%-9.8%
11/5/2025-1.9%-0.5%-24.0%
8/7/2025-9.6%-5.4%11.0%
5/6/2025-18.6%10.8%24.3%
3/6/2025-5.9%-8.3%-24.5%
11/6/20242.3%-12.3%-19.2%
8/13/20242.4%22.0%12.6%
5/14/20245.3%21.1%9.0%
3/19/20245.4%10.3%-0.2%
1/24/20242.9%24.6%2.9%
11/8/2023-6.0%-9.0%3.8%
8/9/202311.9%-1.9%-19.5%
5/9/20233.0%1.5%-15.8%
11/8/20221.2%5.5%3.1%
8/10/2022-3.8%-18.7%-7.3%
5/12/202211.3%-1.8%6.8%
3/15/202222.9%29.2%34.6%
11/10/20214.2%2.2%51.1%
8/12/20218.4%-11.8%5.0%
5/17/2021-1.8%7.7%-18.3%
3/11/20214.5%3.0%-9.1%
11/5/2020-0.1%4.7%9.4%
7/30/20209.7%4.4%-17.3%
SUMMARY STATS   
# Positive161412
# Negative81012
Median Positive4.4%6.6%9.2%
Median Negative-4.8%-6.9%-16.5%
Max Positive22.9%29.2%51.1%
Max Negative-18.6%-18.7%-24.5%

SEC Filings

Expand for More
Report DateFiling DateFiling
03/31/202605/13/202610-Q
12/31/202503/12/202610-K
09/30/202511/05/202510-Q
06/30/202508/07/202510-Q
03/31/202505/06/202510-Q
12/31/202403/06/202510-K
09/30/202411/06/202410-Q
06/30/202408/13/202410-Q
03/31/202405/14/202410-Q
12/31/202303/19/202410-K
09/30/202311/08/202310-Q
06/30/202308/09/202310-Q
03/31/202305/09/202310-Q
12/31/202203/15/202310-K
09/30/202211/08/202210-Q
06/30/202208/10/202210-Q
Collapse to Preview
Report DateFiling DateFiling
03/31/202605/13/202610-Q
12/31/202503/12/202610-K
09/30/202511/05/202510-Q
06/30/202508/07/202510-Q
03/31/202505/06/202510-Q
12/31/202403/06/202510-K
09/30/202411/06/202410-Q
06/30/202408/13/202410-Q
03/31/202405/14/202410-Q
12/31/202303/19/202410-K
09/30/202311/08/202310-Q
06/30/202308/09/202310-Q
03/31/202305/09/202310-Q
12/31/202203/15/202310-K
09/30/202211/08/202210-Q
06/30/202208/10/202210-Q
03/31/202205/12/202210-Q
12/31/202103/15/202210-K
09/30/202111/10/202110-Q
06/30/202108/12/202110-Q
03/31/202105/17/202110-Q
12/31/202003/12/202110-K
09/30/202011/05/202010-Q

Insider Activity

Updated 4/26/2026
Expand for More
#OwnerTitleHoldingActionFiling DatePriceSharesTransacted
Value
Value of
Held Shares
Form
1Ra, Capital Management, LPSee footnotesBuy41320267.2774,751543,4408,597,676Form
2Ra, Capital Management, LPSee footnotesBuy41320267.2174,268535,4727,987,764Form
3Ra, Capital Management, LPSee footnotesBuy41320267.0474,577525,0227,276,579Form
4Orbimed, Advisors LlcSee footnotesSell40920266.4272,939  Form
5Orbimed, Advisors LlcSee footnotesSell40920266.5231,719206,765212,006Form
Collapse to Preview
#OwnerTitleHoldingActionFiling DatePriceSharesTransacted
Value
Value of
Held Shares
Form
1Ra, Capital Management, LPSee footnotesBuy41320267.2774,751543,4408,597,676Form
2Ra, Capital Management, LPSee footnotesBuy41320267.2174,268535,4727,987,764Form
3Ra, Capital Management, LPSee footnotesBuy41320267.0474,577525,0227,276,579Form
4Orbimed, Advisors LlcSee footnotesSell40920266.4272,939  Form
5Orbimed, Advisors LlcSee footnotesSell40920266.5231,719206,765212,006Form
6Orbimed, Advisors LlcSee footnotesBuy101020251.005,000,0005,000,0009,026,359Form
Core Cache Last Updated: 7/27/2026