Absci Stock Soars 12% on Analyst Upgrade

Absci's stock surged 12% in pre-market trading on June 20, 2025, marking a significant rise that has caught the attention of investors and analysts alike.

KeyCorp recently upgraded their price target for Absci, increasing it from $5.00 to $9.00 and assigning an "overweight" rating to the stock. This move reflects a growing optimism among analysts regarding the company's future prospects.

Absci Corporation reported a Q1 loss and missed revenue estimates, which could have contributed to the recent volatility in its stock price. However, analysts remain bullish, anticipating a 16% gain ahead for the company.

Despite the recent setbacks, the consensus among analysts is that Absci stock is a "Strong Buy," with an average price target of $8.4, indicating a potential 205.45% increase in the stock's value.