What Does Wall Street Think About AbCellera Biologics Inc. (ABCL)?

AbCellera Biologics Inc. (NASDAQ:ABCL) is one of the best strong buy stocks to invest in under $5. AbCellera Biologics Inc. (NASDAQ:ABCL) announced on January 22 that it is set to announce its full-year 2025 financial results on February 24, 2026. Prior to the earnings release, AbCellera Biologics Inc. (NASDAQ:ABCL) received a rating update from Truist Financial on January 13, which reiterated a Buy rating on the stock.

Is AbCellera Biologics Inc. (ABCL) the Best Canadian Penny Stock to Invest in Now?

The rating update came after AbCellera Biologics Inc. (NASDAQ:ABCL) announced on January 12 the dosing of the first patients in the Phase 2 portion of its ongoing Phase 1/2 clinical trial for ABCL635. ABCL635 is a potential first-in-class non-hormonal treatment targeted for moderate-to-severe vasomotor symptoms (VMS) associated with menopause.

The company reported that the transition to Phase 2 came after an interim review of the safety, tolerability, and pharmacodynamic data from healthy volunteers from the Phase 1 portion of the study. It added that the Phase 2 portion is a multicenter, randomized, double-blind, placebo-controlled study specifically designed for the evaluation of the efficacy of ABCL635 in bringing down the severity and frequency of VMS in 80 postmenopausal women.

AbCellera Biologics (NASDAQ:ABCL) solves antibody discovery problems by integrating data science, technology, infrastructure, and interdisciplinary teams. It develops and discovers antibody medicines for indications across therapeutic areas, including metabolic and endocrine conditions, cancer, and autoimmune disorders. It boasts technology platforms that unlock drug classes, modalities, and targets, including T-cell engagers, peptide-MHCs, and transmembrane proteins.

While we acknowledge the potential of ABCL to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than ABCL and that has 100x upside potential, check out our report about this cheapest AI stock.

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Disclosure: None. This article is originally published at Insider Monkey.