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OmniAb, Inc.NasdaqGM:OABI Stock Report

Market Cap US$291.4m
Share Price
US$2.19
US$7.33
70.1% undervalued intrinsic discount
1Y41.3%
7D49.0%
Portfolio Value
View

OmniAb, Inc.

NasdaqGM:OABI Stock Report

Market Cap: US$291.4m

OmniAb (OABI) Stock Overview

A biotechnology company, licenses discovery research technology to pharmaceutical and biotech companies, and academic institutions to enable the discovery of therapeutics in the United States, Europe, Japan, China, and Canada. More details

OABI fundamental analysis
Snowflake Score
Valuation2/6
Future Growth2/6
Past Performance0/6
Financial Health6/6
Dividends0/6

OABI Community Fair Values

Create Narrative

See what 10 others think this stock is worth. Follow their fair value or set your own to get alerts.

OmniAb, Inc. Competitors

Price History & Performance

Summary of share price highs, lows and changes for OmniAb
Historical stock prices
Current Share PriceUS$2.19
52 Week HighUS$2.30
52 Week LowUS$1.22
Beta0.62
1 Month Change50.00%
3 Month Change28.82%
1 Year Change41.29%
3 Year Change-44.13%
5 Year Changen/a
Change since IPO-75.50%

Recent News & Updates

Narrative Update Apr 27

OABI: Updated Bylaws And 2026 Guidance Will Support Long Term Upside

Analysts have nudged their OmniAb price target slightly higher to $170.16 from $162.92, reflecting updated assumptions around discount rates, revenue growth, profit margins and future P/E levels. What's in the News OmniAb issued earnings guidance for 2026, with expected revenue in a range of $25 million to $30 million.
Narrative Update Apr 08

OABI: Updated Bylaws And 2026 Revenue Guidance Will Support Long Term Upside

Analysts kept their price target on OmniAb broadly aligned with prior views, citing relatively steady assumptions around fair value, growth and profitability that offset only minor tweaks to the discount rate and future P/E multiple. What's in the News OmniAb issued earnings guidance for 2026, with expected revenue in a range of $25 million to $30 million, giving you a reference point for the company’s own outlook on its top line for that year (Key Developments).
Narrative Update Mar 25

OABI: Updated Governance And 2026 Revenue Outlook Will Support Long Term Upside

Analysts kept their fair value estimate for OmniAb steady at $7.33 while making only very small tweaks to assumptions such as discount rate, revenue growth, profit margin and future P/E. This reflects a largely unchanged view of the stock’s longer term risk and earnings potential.
Narrative Update Mar 08

OABI: New Discovery Platform And Guidance Will Support Long Term Upside Potential

Analysts have modestly revised their price target on OmniAb, reflecting updated assumptions around long term revenue growth, profit margins, and future P/E expectations. Specific dollar values for the target change have not been disclosed.

Recent updates

Narrative Update Apr 27

OABI: Updated Bylaws And 2026 Guidance Will Support Long Term Upside

Analysts have nudged their OmniAb price target slightly higher to $170.16 from $162.92, reflecting updated assumptions around discount rates, revenue growth, profit margins and future P/E levels. What's in the News OmniAb issued earnings guidance for 2026, with expected revenue in a range of $25 million to $30 million.
Narrative Update Apr 08

OABI: Updated Bylaws And 2026 Revenue Guidance Will Support Long Term Upside

Analysts kept their price target on OmniAb broadly aligned with prior views, citing relatively steady assumptions around fair value, growth and profitability that offset only minor tweaks to the discount rate and future P/E multiple. What's in the News OmniAb issued earnings guidance for 2026, with expected revenue in a range of $25 million to $30 million, giving you a reference point for the company’s own outlook on its top line for that year (Key Developments).
Narrative Update Mar 25

OABI: Updated Governance And 2026 Revenue Outlook Will Support Long Term Upside

Analysts kept their fair value estimate for OmniAb steady at $7.33 while making only very small tweaks to assumptions such as discount rate, revenue growth, profit margin and future P/E. This reflects a largely unchanged view of the stock’s longer term risk and earnings potential.
Narrative Update Mar 08

OABI: New Discovery Platform And Guidance Will Support Long Term Upside Potential

Analysts have modestly revised their price target on OmniAb, reflecting updated assumptions around long term revenue growth, profit margins, and future P/E expectations. Specific dollar values for the target change have not been disclosed.
Narrative Update Feb 21

OABI: New Discovery Platform Will Support Stronger Long Term Upside Potential

Analysts have lowered their Omn iAb price target to $7.33 per share, citing slightly reduced profit margin assumptions and a modestly higher future P/E multiple, while keeping long-term revenue growth expectations broadly unchanged. What's in the News On January 30, 2026, OmniAb's board approved amended and restated bylaws that became effective the same day, updating the company’s governance framework.
Narrative Update Feb 06

OABI: New Antibody Platform And Governance Changes Will Drive Future Upside

Analysts have modestly trimmed their price targets on OmniAb, citing slightly higher discount rate assumptions along with a small uplift in expected profit margins and future P/E levels as the key drivers of the recalibration. What's in the News On January 30, 2026, OmniAb's board approved amended and restated bylaws that took effect the same day, updating company rules and governance procedures.
Narrative Update Jan 22

OABI: New Antibody Discovery Platform And Partnerships Will Drive Future Upside

Analysts have maintained their OmniAb price target at US$7.33, making only minor adjustments to assumptions such as the discount rate, long-term profit margin, and future P/E. These changes fine tune their valuation view rather than significantly revising it.
Narrative Update Jan 08

OABI: New Antibody Platform Launch Will Drive Future Upside Potential

Analysts have lifted their price target on OmniAb to reflect updated assumptions for revenue growth of 41.53%, profit margin of 15.66% and a future P/E of 173.35x, which together suggest a slightly higher required return of 7.93% compared with prior inputs. What's in the News OmniAb launched its new OmniUltra platform at the 2025 Antibody Engineering & Therapeutics Conference in San Diego, describing it as a transgenic chicken system designed to generate human antibodies with ultralong CDRH3 domains and very small picobodies for a range of therapeutic uses, including bispecifics, multispecifics, CAR-T, radioligands and peptide therapeutics (Key Developments).
Narrative Update Dec 16

OABI: Future Platform Launch And Partnerships Will Drive Revenue Upside

Narrative Update on OmniAb Analysts have maintained their price target on OmniAb at approximately 7.33 dollars, reflecting only marginal adjustments to the discount rate and profitability assumptions, while leaving their long-term growth outlook largely unchanged. What's in the News OmniAb plans to debut its new OmniUltra trademark transgenic chicken platform in December 2025 at the Antibody Engineering & Therapeutics conference.
Narrative Update Dec 02

OABI: New Partnerships And Fundraising Will Support Revenue Expansion Ahead

OmniAb’s analyst price target remains unchanged at $7.33 per share. Analysts note that minor adjustments in profit margin and discount rate projections were not sufficient to alter their outlook on the company's value.
Narrative Update Nov 18

OABI: Future Earnings and Margin Expansion Are Expected to Drive Share Upside

Analysts have lowered their price target for OmniAb from $7.86 to $7.33, citing updated expectations for higher revenue growth and profit margins. They also noted that an increased discount rate and a higher future price-to-earnings multiple were influencing factors.
Analysis Article Oct 10

OmniAb, Inc. (NASDAQ:OABI) Not Lagging Industry On Growth Or Pricing

OmniAb, Inc.'s ( NASDAQ:OABI ) price-to-sales (or "P/S") ratio of 11.4x may look like a poor investment opportunity...
Analysis Article Aug 09

Analyst Estimates: Here's What Brokers Think Of OmniAb, Inc. (NASDAQ:OABI) After Its Second-Quarter Report

NasdaqGM:OABI 1 Year Share Price vs Fair Value Explore OmniAb's Fair Values from the Community and select yours...
Analysis Article Jul 09

Market Participants Recognise OmniAb, Inc.'s (NASDAQ:OABI) Revenues Pushing Shares 38% Higher

OmniAb, Inc. ( NASDAQ:OABI ) shares have had a really impressive month, gaining 38% after a shaky period beforehand...
Seeking Alpha May 12

OmniAb: Too Much Risk, Not Enough Reward

Summary OmniAb's innovative business model relies on licensing transgenic animals for drug discovery, but financial success hinges on partner drug approvals, which have been slow. Nearly three quarters of the late-stage pipeline's value is concentrated in just a single drug, IMVT-1402. OmniAb faces a cash burn issue, with operating expenses likely to outpace royalties for years before late-stage candidates meaningfully contribute. The FDA's shift away from animal trials threatens OmniAb's core business model, making the stock expensive and risky; I rate it a Sell. Read the full article on Seeking Alpha
Analysis Article May 11

Earnings Release: Here's Why Analysts Cut Their OmniAb, Inc. (NASDAQ:OABI) Price Target To US$7.88

It's shaping up to be a tough period for OmniAb, Inc. ( NASDAQ:OABI ), which a week ago released some disappointing...
Analysis Article Apr 20

OmniAb, Inc. (NASDAQ:OABI) Shares Slammed 29% But Getting In Cheap Might Be Difficult Regardless

To the annoyance of some shareholders, OmniAb, Inc. ( NASDAQ:OABI ) shares are down a considerable 29% in the last...
User avatar
New Narrative Mar 29

Novel Technologies And Clinical Pipeline Will Unlock Future Possibilities

Strong growth in partners and programs suggests robust future milestone and royalty revenues as technologies attract significant opportunities.
Analysis Article Nov 15

OmniAb, Inc. (NASDAQ:OABI) Just Reported And Analysts Have Been Cutting Their Estimates

The analysts might have been a bit too bullish on OmniAb, Inc. ( NASDAQ:OABI ), given that the company fell short of...
Analysis Article Sep 14

Is OmniAb (NASDAQ:OABI) In A Good Position To Invest In Growth?

Just because a business does not make any money, does not mean that the stock will go down. For example, although...
Analysis Article Jul 15

Are Investors Undervaluing OmniAb, Inc. (NASDAQ:OABI) By 43%?

Key Insights OmniAb's estimated fair value is US$7.87 based on 2 Stage Free Cash Flow to Equity Current share price of...
Analysis Article May 12

The OmniAb, Inc. (NASDAQ:OABI) First-Quarter Results Are Out And Analysts Have Published New Forecasts

OmniAb, Inc. ( NASDAQ:OABI ) just released its latest quarterly report and things are not looking great. It was not a...
Analysis Article Mar 26

Things Look Grim For OmniAb, Inc. (NASDAQ:OABI) After Today's Downgrade

Today is shaping up negative for OmniAb, Inc. ( NASDAQ:OABI ) shareholders, with the analysts delivering a substantial...
Analysis Article Feb 28

Revenues Not Telling The Story For OmniAb, Inc. (NASDAQ:OABI)

OmniAb, Inc.'s ( NASDAQ:OABI ) price-to-sales (or "P/S") ratio of 11.4x may look like a poor investment opportunity...
Analysis Article Jan 15

OmniAb, Inc.'s (NASDAQ:OABI) Intrinsic Value Is Potentially 37% Above Its Share Price

Key Insights The projected fair value for OmniAb is US$8.52 based on 2 Stage Free Cash Flow to Equity OmniAb's US$6.22...
Analysis Article Nov 11

Unpleasant Surprises Could Be In Store For OmniAb, Inc.'s (NASDAQ:OABI) Shares

OmniAb, Inc.'s ( NASDAQ:OABI ) price-to-sales (or "P/S") ratio of 7.6x may look like a poor investment opportunity when...
Analysis Article Aug 13

Earnings Update: OmniAb, Inc. (NASDAQ:OABI) Just Reported And Analysts Are Trimming Their Forecasts

The analysts might have been a bit too bullish on OmniAb, Inc. ( NASDAQ:OABI ), given that the company fell short of...
Analysis Article May 14

OmniAb, Inc. (NASDAQ:OABI) Analysts Just Cut Their EPS Forecasts Substantially

One thing we could say about the analysts on OmniAb, Inc. ( NASDAQ:OABI ) - they aren't optimistic, having just made a...

Shareholder Returns

OABIUS Life SciencesUS Market
7D49.0%-5.3%1.1%
1Y41.3%2.9%26.7%

Return vs Industry: OABI exceeded the US Life Sciences industry which returned 3.8% over the past year.

Return vs Market: OABI exceeded the US Market which returned 25.4% over the past year.

Price Volatility

Is OABI's price volatile compared to industry and market?
OABI volatility
OABI Average Weekly Movement9.1%
Life Sciences Industry Average Movement8.2%
Market Average Movement7.2%
10% most volatile stocks in US Market16.2%
10% least volatile stocks in US Market3.1%

Stable Share Price: OABI has not had significant price volatility in the past 3 months compared to the US market.

Volatility Over Time: OABI's weekly volatility (9%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
201289Matt Foehrwww.omniab.com

OmniAb, Inc., a biotechnology company, licenses discovery research technology to pharmaceutical and biotech companies, and academic institutions to enable the discovery of therapeutics in the United States, Europe, Japan, China, and Canada. The company’s technology platform creates and screens diverse antibody repertoires to identify optimal antibodies and other target-binding proteins for partners’ drug development efforts. Its OmniAb platform’s Biological Intelligence powers the immune systems of its proprietary and engineered transgenic animals to create optimized antibody candidates for human therapeutics.

OmniAb, Inc. Fundamentals Summary

How do OmniAb's earnings and revenue compare to its market cap?
OABI fundamental statistics
Market capUS$291.39m
Earnings (TTM)-US$54.29m
Revenue (TTM)US$28.94m
11.0x
P/S Ratio
-5.8x
P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
OABI income statement (TTM)
RevenueUS$28.94m
Cost of RevenueUS$315.00k
Gross ProfitUS$28.62m
Other ExpensesUS$82.91m
Earnings-US$54.29m

Last Reported Earnings

Mar 31, 2026

Next Earnings Date

n/a

Earnings per share (EPS)-0.37
Gross Margin98.91%
Net Profit Margin-187.59%
Debt/Equity Ratio0%

How did OABI perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/05/14 13:30
End of Day Share Price 2026/05/14 00:00
Earnings2026/03/31
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

OmniAb, Inc. is covered by 9 analysts. 7 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Robert WassermanBenchmark Company
Matthew HewittCraig-Hallum Capital Group LLC
Joseph PantginisH.C. Wainwright & Co.