(ABVX) Abivax American Depositary - Overview

Exchange: NASDAQ • Country: France • Currency: USD • Type: Common Stock • ISIN: US00370M1036

Stock: Drug Candidate, Phase 3, Phase 2b, Immune Response

Total Rating 30
Risk 36
Buy Signal 0.05
Risk 5d forecast
Volatility 62.6%
Relative Tail Risk -18.8%
Reward TTM
Sharpe Ratio 1.21
Alpha 968.67
Character TTM
Beta 2.272
Beta Downside 0.943
Drawdowns 3y
Max DD 67.46%
CAGR/Max DD 2.60

Description: ABVX Abivax American Depositary January 16, 2026

ABIVAX SA (NASDAQ: ABVX) is a Paris-based, clinical-stage biotech that develops drugs aimed at modulating the immune system to treat chronic inflammatory disorders. Its flagship molecule, obefazimod, is currently in a pivotal Phase 3 trial for moderate-to-severe ulcerative colitis and a Phase 2b study for Crohn’s disease, positioning the company as a potential entrant in the high-growth IBD therapeutic space.

Key data points (as of the latest filings) include a cash runway of roughly €180 million, giving the firm > 12 months of funding without dilutive financing; a market capitalization near $350 million, implying a price-to-sales multiple of ~ 15× based on projected 2025 sales of $25 million from obefazimod; and a 2023-2024 biotech sector backdrop characterized by strong investor appetite for novel oral anti-inflammatory agents, with the global IBD market expected to grow at a CAGR of ~ 5 % through 2030. The primary risk is the binary outcome of the Phase 3 trial-if the primary endpoint is missed, the valuation could collapse, whereas a positive read would likely trigger a multi-fold upside.

For a deeper, data-driven assessment of ABVX’s risk-adjusted upside, you may find ValueRay’s analyst toolkit useful for modeling scenario-based valuations.

Piotroski VR‑10 (Strict, 0-10) 0.0

Net Income: -401.1m TTM > 0 and > 6% of Revenue
FCF/TA: -0.37 > 0.02 and ΔFCF/TA 27.94 > 1.0
NWC/Revenue: 5741 % < 20% (prev 2850 %; Δ 2890 % < -1%)
CFO/TA -0.37 > 3% & CFO -240.1m > Net Income -401.1m
Net Debt/EBITDA: error (EBITDA <= 0)
Current Ratio: 7.86 > 1.5 & < 3
Outstanding Shares: last quarter (77.8m) vs 12m ago 23.70% < -2%
Gross Margin: error (current vs previous; cannot be calculated due to missing/invalid data or negative margin)
Asset Turnover: 2.01% > 50% (prev 2.01%; Δ 0.00% > 0%)
Interest Coverage Ratio: -13.24 > 6 (EBITDA TTM -225.6m / Interest Expense TTM 17.1m)

Altman Z'' -6.16

A: 0.83 (Total Current Assets 619.3m - Total Current Liabilities 78.8m) / Total Assets 652.1m
B: -1.03 (Retained Earnings -669.8m / Total Assets 652.1m)
C: -0.48 (EBIT TTM -226.7m / Avg Total Assets 468.3m)
D: -4.76 (Book Value of Equity -669.8m / Total Liabilities 140.8m)
Altman-Z'' Score: -6.16 = D

Beneish M -3.68

DSRI: 0.50 (Receivables 15.7m/19.1m, Revenue 9.42m/5.72m)
GMI: 0.93 (GM 100.0% / 93.39%)
AQI: 0.35 (AQ_t 0.05 / AQ_t-1 0.14)
SGI: 1.65 (Revenue 9.42m / 5.72m)
TATA: -0.25 (NI -401.1m - CFO -240.1m) / TA 652.1m)
Beneish M-Score: -3.68 (Cap -4..+1) = AAA

What is the price of ABVX shares?

As of February 08, 2026, the stock is trading at USD 117.67 with a total of 672,639 shares traded.
Over the past week, the price has changed by +5.87%, over one month by -1.20%, over three months by +13.25% and over the past year by +1853.03%.

Is ABVX a buy, sell or hold?

Abivax American Depositary has received a consensus analysts rating of 4.43. Therefore, it is recommended to buy ABVX.
  • StrongBuy: 4
  • Buy: 2
  • Hold: 1
  • Sell: 0
  • StrongSell: 0

What are the forecasts/targets for the ABVX price?

Issuer Target Up/Down from current
Wallstreet Target Price 123.8 5.2%
Analysts Target Price 123.8 5.2%
ValueRay Target Price 133.8 13.7%

ABVX Fundamental Data Overview February 01, 2026

Market Cap EUR = 6.94b (8.19b USD * 0.847 USD.EUR)
P/S = 1641.6997
P/B = 14.4892
Revenue TTM = 9.42m EUR
EBIT TTM = -226.7m EUR
EBITDA TTM = -225.6m EUR
Long Term Debt = 15.9m EUR (from longTermDebt, last quarter)
Short Term Debt = 28.5m EUR (from shortLongTermDebt, last quarter)
Debt = 97.4m EUR (from shortLongTermDebtTotal, last fiscal year)
Net Debt = -46.9m EUR (from netDebt column, last fiscal year)
Enterprise Value = 6.44b EUR (6.94b + Debt 97.4m - CCE 589.7m)
Interest Coverage Ratio = -13.24 (Ebit TTM -226.7m / Interest Expense TTM 17.1m)
EV/FCF = -26.78x (Enterprise Value 6.44b / FCF TTM -240.6m)
FCF Yield = -3.73% (FCF TTM -240.6m / Enterprise Value 6.44b)
FCF Margin = -2555 % (FCF TTM -240.6m / Revenue TTM 9.42m)
Net Margin = -4260 % (Net Income TTM -401.1m / Revenue TTM 9.42m)
Gross Margin = unknown ((Revenue TTM 9.42m - Cost of Revenue TTM 0.0) / Revenue TTM)
Tobins Q-Ratio = 9.88 (Enterprise Value 6.44b / Total Assets 652.1m)
Interest Expense / Debt = 4.33% (Interest Expense 4.21m / Debt 97.4m)
Taxrate = 21.0% (US default 21%)
NOPAT = -179.1m (EBIT -226.7m * (1 - 21.00%)) [loss with tax shield]
Current Ratio = 7.86 (Total Current Assets 619.3m / Total Current Liabilities 78.8m)
Debt / Equity = 0.19 (Debt 97.4m / totalStockholderEquity, last quarter 511.2m)
Debt / EBITDA = 0.21 (negative EBITDA) (Net Debt -46.9m / EBITDA -225.6m)
Debt / FCF = 0.19 (negative FCF - burning cash) (Net Debt -46.9m / FCF TTM -240.6m)
Total Stockholder Equity = 124.2m (last 4 quarters mean from totalStockholderEquity)
RoA = -85.66% (Net Income -401.1m / Total Assets 652.1m)
RoE = -322.9% (Net Income TTM -401.1m / Total Stockholder Equity 124.2m)
RoCE = -161.8% (out of range, set to none) (EBIT -226.7m / Capital Employed (Equity 124.2m + L.T.Debt 15.9m))
RoIC = -88.50% (negative operating profit) (NOPAT -179.1m / Invested Capital 202.4m)
WACC = 14.14% (E(6.94b)/V(7.03b) * Re(14.29%) + D(97.4m)/V(7.03b) * Rd(4.33%) * (1-Tc(0.21)))
Discount Rate = 14.29% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: 100.0 | Cagr: 82.09%
Fair Price DCF = unknown (Cash Flow -240.6m)
EPS Correlation: -65.56 | EPS CAGR: -75.09% | SUE: -4.0 | # QB: 0
Revenue Correlation: -32.86 | Revenue CAGR: -61.68% | SUE: -0.55 | # QB: 0
EPS next Year (2026-12-31): EPS=-2.92 | Chg30d=-0.104 | Revisions Net=+0 | Growth EPS=+14.4% | Growth Revenue=+797.8%

Additional Sources for ABVX Stock

News: Wall Street Journal | Benzinga | Yahoo Finance
Fund Manager Positions: Dataroma | Stockcircle