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ADC Therapeutics SA(ADCT)

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EXPLORE ADVISORIES AND THEIR HISTORY
QUALITY SIGNAL RECENCY
3-STAR RATING
REGULAR BUY
BUY for 22 days
PROFIT SINCE LAST BUY
-0.63% ▼
LAST CLOSE
$1.58
11/06/2026
(24-hour delay)

Advisory History & Simulated Performance *

*as per simulation (see disclosures)
  • ALL
  • 1Y
  • 1M
  • 1W
  • BUY Advisory
  • SELL Advisory (Profit)
  • SELL Advisory (Loss)
  • Profit
  • Loss
  • PASS (Skip)
Upturn Stock price based on last close iconStock price based on last close
Simulated performance—not actual client returns. Excludes advisory subscription fees, trading commissions, and taxes, which would reduce returns. Results depend on calculation assumptions and do not guarantee future outcomes. See Disclosures for full methodology, assumptions, and limitations.

Advisory Performance History (Simulated)Advisory Performance History info

Simulated performance—not actual client returns. Excludes advisory subscription fees, trading commissions, and taxes, which would reduce returns. Results depend on calculation assumptions and do not guarantee future outcomes. See Disclosures for full methodology, assumptions, and limitations.

Upturn Advisory & Investor View for ADCT

11/06/2026: ADCT (3-star) is a STRONG-BUY. BUY for 22 days. Simulated Profits (-0.63%). Updated daily EoD!

ADC Therapeutics SA is a commercial-stage biotechnology company focused on developing proprietary antibody-drug conjugates to treat various cancers. Its primary business strength lies in its FDA-approved drug, ZYNLONTA, which provides a critical treatment option for lymphoma patients. The main investment story centers on the potential to expand this product's use and advance its clinical-stage pipeline. However, the company faces significant risks from well-funded competitors, high cash burn rates, and the inherent uncertainty of clinical trials. It is best suited for growth-oriented investors who can tolerate high volatility, with key developments to monitor including pipeline data readouts and commercial revenue growth trends.

How to Read the Upturn Advisory

The Upturn Star Rating and the current BUY, SELL, or PASS advisory are generated by Upturn’s AI advisory engine based on proprietary signal analysis, price behavior, advisory history, and historical signal performance.

Company fundamentals, valuation, risks, and news provide supporting context about the business.

Investor Fit

Investor styleFitWhy
Growth investorMixed fitThe company offers growth potential through clinical development but carries significant binary clinical risk.
Momentum investorWeak fitMomentum is often absent unless clinical trials report positive, market-moving data.
Value investorWeak fitThe company is not currently valued based on traditional price-to-earnings metrics due to recurring losses.
Dividend investorWeak fitThe company does not pay dividends and reinvests all capital into R&D.
Low-risk investorWeak fitHigh volatility and biotech sector risks make this unsuitable for low-risk profiles.

Risk Profile

Risk factorLevelWhy it matters
Price volatilityHighBiotech stocks often swing wildly based on trial results and regulatory news.
Valuation riskMedium / highValuations are heavily dependent on future success rather than current earnings.
Competition risk (CAR-T and Bispecifics)HighWell-funded competitors can introduce superior therapies that displace ZYNLONTA.
Business qualityMediumThe company has a proven ability to gain FDA approval but faces challenges in sustained commercial growth.
Dividend incomeLow / noneThere is no income component for investors.
Execution riskHighThe company must successfully navigate expensive clinical trials to expand its product base.

Price Behavior

Steep Decline
PRICE PATH

Steep Decline

The stock price has dropped sharply with strong downward pressure.

Extreme Price Shocks
PRICE STABILITY

Extreme Price Shocks

The stock has experienced exceptionally large and disruptive price movements during the period.

Analysis of Past Performance

Type Stock
Historic Profit 308%
Avg. Invested days 27
Today’s Advisory Regular Buy
Upturn Advisory Rating upturn star rating icon
Upturn Advisory Performance Upturn Advisory Performance icon 3.0
Stock Returns Performance Upturn Returns Performance icon 5.0
Upturn Profits based on simulation icon Profits based on simulation
Upturn last close icon Last Close 11/06/2026

Upturn Scorecard

Upturn Star Rating

★★★★★
ADCT receives a 3-star rating, supported by solid company fundamentals, and solid analyst coverage. The rating is constrained by soft unit economics, soft quantitative characteristics, and weak price momentum.

Company Fundamentals

★★★★★
ADCT has solid overall fundamentals (4 stars), with moderate financial health, moderate growth momentum, and strong ownership. In FY2025 versus FY2024, moderate earnings growth (+9.6%) and solid revenue growth (+14.9%) are partially offset by weak cash generation (FCF margin -173.8%), weak profitability (net margin -175.3%).

Financial Health Rating

★★★★★
ADCT's financial health is supported by moderate liquidity, including working-capital and asset support (WC/assets 73.1%). Cash strength is soft (2 stars), which helps explain the 3-star overall score.

Growth Momentum Score

★★★★★
Revenue growth is ADCT's strongest growth driver at +14.9% FY2025 versus FY2024 (solid, 4 stars). By comparison, while free-cash-flow growth (-13.4%, negative) holds the profile back, so recent growth is not broad-based across the business.

Ownership

★★★★★
Institutional ownership is 75.8% and approximately 63.9% of outstanding shares are publicly tradable, supporting liquidity and institutional participation. Insider ownership of 14.42% supports management-shareholder alignment.

Top 5 Institutional Investors

Nantahala Capital Management, LLC 19.31%
Redmile Group, LLC 9.03%
TCG Crossover Management, LLC 8.92%
Prosight Management, LP 6.13%
BlackRock Inc 5.50%

Unit Economics (Per $1K Revenue)

★★★★★
ADCT generates approximately $906 of gross profit, $-1,332 of operating income, and $-1,738 of free cash flow for every $1,000 of revenue. Based on FY2025 results. Operating losses and cash burn explain the 2-star rating, with weak cash conversion and strong capital efficiency.

Economic Dimensions

★★★★★
Effective Tax Rate: 0.11%

Quantitative Style Profile

★★★★★
ADCT has a liquid profile. Weak momentum is the primary drawback, while elevated volatility.

Style Classification

Quality Focused

Value-OrientedHigh VolatilitySmall / Mid Cap RiskShort Squeeze RiskHighly Liquid / Institution-Friendly

Key Highlights

Company Size Small-Cap Stock
Market Capitalization 201.72M USD
Price to earnings Ratio -
1Y Target Price 3.33
Price to earnings Ratio -
1Y Target Price 3.33
Volume (30-day avg) 1.5M shares
Beta 1.8
52 Weeks Range 0.78 - 4.98
Updated Date 11/08/2026
52 Weeks Range 0.78 - 4.98
Updated Date 11/08/2026
Dividends yield (FY) -
Basic EPS (TTM) -0.6

How Company Makes Money

Business areaWhat it includesRetail investor read
Commercialized ProductsRevenue generated from sales of ZYNLONTA.The company earns money primarily when doctors prescribe their lone approved drug to patients.
Licensing & CollaborationsMilestone payments and royalties from partnerships.The company sometimes earns fees by letting others use their technology or drugs.

Analyzing Revenue: Products, Geography and Growth

Revenue by Products

Product revenue - Year on Year

Revenue by Geography

Geography revenue - Year on Year

Valuation

Trailing PE -
Forward PE -
Enterprise Value 100.17M
Price to Sales(TTM) 2.53
Enterprise Value 100.17M
Price to Sales(TTM) 2.53
Enterprise Value to Revenue 1.26
Enterprise Value to EBITDA -1.43
Shares Outstanding 127.67M
Shares Floating 81.56M
Shares Outstanding 127.67M
Shares Floating 81.56M
Percent Insiders 14.42
Percent Institutions 75.78

Financial Metrics

🧭 Investment Snapshot

Total Revenue (Scale)

Information icon Total money earned from selling products or services before any costs. It is needed to understand the scale of the business and its ability to generate income.

Net Income (Profit)

Information icon Final profit after all expenses, interest, and taxes are deducted. It is needed to determine the overall profitability available to shareholders.

Free Cash Flow (Cash Strength)

Information icon Cash remaining after operating activities and capital expenditures, showing cash available for growth. It is needed to evaluate the company’s ability to invest, pay dividends, or reduce debt.

📈 Growth & Strength

Operating Income (Core Profit)

Information icon Profit from core operations after deducting all operating expenses. It is needed to measure how efficiently the company runs its primary business activities.

EBITDA (Cash Earnings)

Information icon Earnings before interest, taxes, depreciation, and amortization, indicating operating cash potential. It is needed to compare operating performance across companies without accounting or financing differences.

Gross Profit (Unit Profitability)

Information icon Revenue minus cost of revenue, showing profit after direct production costs. It is needed to evaluate core business profitability before overhead expenses.

🛡️ Financial Safety

Cash (Liquidity Buffer)

Information icon Total cash and cash equivalents on hand. It is needed to evaluate immediate liquidity and financial flexibility.

Total Debt (Leverage Risk)

Information icon Total debt including both short-term and long-term components. It is needed to assess the company’s leverage and financial risk.

Net Working Capital (Short-Term Health)

Information icon Current assets minus current liabilities, indicating short-term liquidity strength. It is needed to assess whether the company can meet its short-term obligations.

🧱 Balance Sheet Strength

Stockholder Equity (Net Worth)

Information icon Total equity value held by shareholders. It is needed to understand the net worth of the company from the owners’ perspective.

Total Assets (Asset Base)

Information icon The full value of everything the company owns, including cash, inventory, equipment, and investments. It is needed to understand the resource base used to generate revenue.

Income Before Tax (Pre-Tax Earnings)

Information icon Income before provision for income taxes. It is needed to analyze profitability independent of tax structures.

⚙️ Cost & Drag Factors

Cost of Revenue (Production Cost)

Information icon Direct costs required to produce and deliver the products or services sold. It is needed to assess efficiency in production and service delivery.

Total Operating Expenses (Operating Cost)

Information icon Indirect costs of running the business such as salaries, marketing, and administration. It is needed to understand how much it costs to sustain ongoing business operations.

Income Tax Expense (Tax Drag)

Information icon Amount of taxes paid or payable to the government. It is needed to evaluate the impact of taxation on overall profitability.

Form CRS provides a relationship summary of our automated advisory services, flat subscription fees, and conflicts of interest. Form ADV Part 2A brochure contains complete details on services, billing, and disclosures. If any summary differs from our current regulatory filings, the filed Form ADV controls.