OABI · NASDAQ · Biotechnology

OmniAb (OABI)

Provides antibody-discovery technologies that feed partner drug programs and royalty economics.

$4.73
vs last close+0.14 (+3.17%)
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OmniAb, Inc.OABI
Health Care

Sells access to antibody-discovery technologies, research services, screening tools, and downstream royalty rights tied to partner programs. The business is concentrated in a single discovery-technology segment and depends on partners advancing OmniAb-derived antibodies into development and commercialization.

Provides partner access to antibody-discovery technologies rather than selling owned drugs. The suite spans transgenic animal platforms such as OmniRat, OmniMouse, OmniChicken, OmnidAb, OmniUltra, and OmniTaur, plus xPloration single B-cell screening, computational discovery tools, and ion-channel expertise.

Revenue comes from technology access, research services, xPloration activity, milestones, and potential royalties when partner programs progress. The business is reported as a single discovery research technology segment and competes in a global market for therapeutic-antibody discovery tools.

Future economics depend on partners choosing the platform, moving OmniAb-derived antibodies through development, and commercializing approved products. Intellectual-property barriers, in-house pharma discovery teams, and specialized discovery-tool competitors shape the market.

Company facts

CEOMatthew W. Foehr
ListedNov 2, 2022
ExchangeNASDAQ
HeadquartersEmeryville, CA
CountryUnited States
Employees89
CIK0001846253
ISINUS68218J1034

Market cap$664.0M
EPS (ttm)−$0.3600
P/E (ttm)−12.72
ROE-16.6%
P/B2.55
P/S17.28
Dividend yieldDiv yield
Beta1.42vs XLV 0.94

Price target$4.00−12.7%Average of 9 analysts
ConsensusBuy9 of 9 analysts
Ratings

Target rangeAs of Sep 21, 2026

Latest analyst notes

No analyst notes in the last 24 months.

Next report
Nov 3, 26
in 42 days
EPS estimate
−$0.12
Revenue estimate
$3.4M
Fiscal quarter
Q3 FY26

EPSReportedEstimate

Mar '25May '25Aug '25Nov '25Mar '26May '26Aug '26Nov '26
Reported−$0.12−$0.17−$0.15−$0.14−$0.11−$0.06−$0.05Pending
Estimate−$0.13−$0.17−$0.14−$0.14−$0.08−$0.10−$0.12−$0.12
Surprise+7.7%0.0%−7.1%−2.9%−37.5%+40.0%+58.3%

RevenueReportedEstimate

Mar '25May '25Aug '25Nov '25Mar '26May '26Aug '26Nov '26
Reported$10.8M$4.2M$3.9M$2.2M$8.4M$14.4M$13.4MPending
Estimate$6.5M$4.5M$5.6M$5.6M$9.0M$5.6M$4.7M$3.4M
Surprise+65.3%−7.5%−31.0%−60.3%−7.0%+157.6%+185.9%
Estimate−$0.12
ReportedDue Nov 3, 2026
Estimate$3.4M
ReportedDue Nov 3, 2026
View details

Debt to equity7.30%
Current ratio479.80%

ProfitabilityRevenueNet incomeNet margin

Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Revenue$4.2M$10.8M$4.2M$3.9M$2.2M$8.4M$14.4M$13.4M
Net income−$16.4M−$13.1M−$18.2M−$15.9M−$16.5M−$14.2M−$7.7M−$5.9M
Net margin0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%

GrowthOperating income

Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Operating income−$19.8M−$15.9M−$18.8M−$16.2M−$18.2M−$15.6M−$7.9M−$6.6M
YoY growthLoss narrowedLoss narrowedLoss narrowedLoss narrowedLoss narrowedLoss narrowedLoss narrowedLoss narrowed

Balance sheet, Jun 30, 2026Cash & short-term investments $52.0M · Total debt $18.9M · Total assets $290.3M · Shareholders' equity $260.3M

Revenue
$13.4M
Operating income
−$6.6M
Net income
−$5.9M
View details

No dividends on record.

Institutions41.10%59.76M shares
135 holders · as of Jun 30, 2026
Insiders5.85%8.50M shares
9 holders · as of Jun 18, 2026
Other53.05%77.13M shares
remainder

145.39M company shares as of Sep 22, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing

Top shareholders13F · 13D/G · Form 4

HolderStakeSharesDate
Whitefort Capital Management, LPInstitution
7.05%10.25Mas of Jun 30, 2026
BlackRock, Inc.Institution
6.12%8.90Mas of Jun 30, 2026
Ash X LPInstitution
5.20%7.56Mfiled Feb 10, 2026
Nomura Holdings IncInstitution
3.46%5.03Mas of Jun 30, 2026
Matthew W. FoehrInsiderdirector, officer: President and CEO
3.04%4.42Mfiled Apr 7, 2026

Insider tradesForm 4

DateInsiderRoleSharesAvg price
Apr 7, 2026Charles S. Berkmanofficer: Chief Legal Officer−7,157$1.49
Apr 7, 2026Kurt A. Gustafsonofficer: Executive VP, Finance and CFO−6,913$1.49
Apr 7, 2026Matthew W. Foehrdirector, officer: President and CEO−19,244$1.49
Feb 18, 2026Matthew W. Foehrdirector, officer: President and CEO−30,843$1.71
Feb 18, 2026Kurt A. Gustafsonofficer: Executive VP, Finance and CFO−9,301$1.71
View details

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