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OmniAb, Inc. (OABI)

Healthcare | Biotechnology | EmeryVille, United States | NasdaqGM
2.11 USD -0.18 (-7.860%) ⇩ (July 13, 2026, 4 p.m. EDT)
After hours: 2.10 -0.01 (-0.010%) ⇩ (July 13, 2026, 6:11 p.m. EDT)

Short-term:★★☆☆☆Long-term:⯪☆☆☆☆Dividends:☆☆☆☆☆
Hot Take | July 11, 2026, 6:54 a.m. EDT

The investment case for OmniAb is structurally broken. While the company boasts impressive gross margins and a massive pipeline of programs, the financial reality is dire: it is burning cash aggressively with negative operating cash flow and no path to profitability visible in the forward estimates. The stock has suffered a catastrophic multi-year decline, dropping nearly 80% over the last three years with three consecutive years of negative annual returns. This is not a temporary setback; it is a fundamental deterioration where the market has correctly reassessed the business quality. The balance sheet, while currently liquid, cannot sustain these burn rates indefinitely without dilution or capital raising that will further depress the share price. With no dividend to provide income and a price trajectory that suggests the market sees no recovery in the near term, this is a security to avoid entirely. The recent price bounce is likely a technical anomaly or a specific catalyst-driven spike rather than a reversal of the long-term downtrend.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
MSTL ✓0.466980
AutoETS0.472128
AutoTheta0.507770
AutoARIMA0.529091

Forecast horizon: 45 days | Selected: MSTL

Forecast Reliability
Score 30%
H-stat 1.55
Ljung-Box p 0.000
Jarque-Bera p 0.000
Excess Kurtosis 1.75
Attribute Value
Sector Healthcare
Debt to Equity Ratio 7.489
Revenue per Share 0.243
Market Cap 305,892,128
Forward P/E -6.54
Beta 1.17
Profit Margins -187.59%
Website https://www.omniab.com

As of July 11, 2026, 6:54 a.m. EDT: Options activity shows a distinct lack of speculative positioning. There is virtually no open interest or volume in out-of-the-money calls beyond the immediate ATM strike, indicating no bullish momentum building. Conversely, significant put open interest exists at the $2.50 strike for January 2027, suggesting a floor or hedging demand rather than a bearish crash thesis. Implied volatility remains extremely low across all expirations, reflecting a market that has priced out both upside potential and downside fear.


Info Dump

Attribute Value
52 Week Change 0.11707318
Address1 5,980 Horton Street
Address2 Suite 600
All Time High 10.5
All Time Low 1.22
Ask 2.72
Ask Size 2
Audit Risk 6
Average Daily Volume10 Day 754,390
Average Daily Volume3 Month 769,083
Average Volume 769,083
Average Volume10Days 754,390
Beta 1.17
Bid 1.61
Bid Size 2
Board Risk 10
Book Value 1.814
City EmeryVille
Compensation As Of Epoch Date 1,767,139,200
Compensation Risk 8
Country United States
Crypto Tradeable 0
Currency USD
Current Price 2.11
Current Ratio 4.801
Custom Price Alert Confidence HIGH
Date Short Interest 1,782,777,600
Day High 2.28
Day Low 2.11
Debt To Equity 7.489
Display Name OmniAb
Earnings Call Timestamp End 1,778,185,800
Earnings Call Timestamp Start 1,778,185,800
Earnings Timestamp 1,778,184,000
Earnings Timestamp End 1,786,046,400
Earnings Timestamp Start 1,786,046,400
Ebitda -33,435,000
Ebitda Margins -1.15536
Enterprise To Ebitda -8.269
Enterprise To Revenue 9.554
Enterprise Value 276,490,144
Eps Current Year -0.416
Eps Forward -0.3225
Eps Trailing Twelve Months -0.46
Esg Populated 0
Exchange NGM
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 2.2164
Fifty Day Average Change -0.10640001
Fifty Day Average Change Percent -0.048005782
Fifty Two Week Change Percent 11.707317
Fifty Two Week High 2.79
Fifty Two Week High Change -0.68000007
Fifty Two Week High Change Percent -0.24372762
Fifty Two Week Low 1.3
Fifty Two Week Low Change 0.80999994
Fifty Two Week Low Change Percent 0.6230769
Fifty Two Week Range 1.3 - 2.79
Financial Currency USD
First Trade Date Milliseconds 1,633,008,600,000
Float Shares 113,851,315
Forward Eps -0.3225
Forward P E -6.5426354
Free Cashflow -2,571,625
Full Exchange Name NasdaqGM
Full Time Employees 89
Gmt Off Set Milliseconds -14,400,000
Governance Epoch Date 1,782,864,000
Gross Margins 0.98912
Gross Profits 28,624,000
Has Pre Post Market Data 1
Held Percent Insiders 0.15326999
Held Percent Institutions 0.5097
Implied Shares Outstanding 144,972,579
Industry Biotechnology
Industry Disp Biotechnology
Industry Key biotechnology
Is Earnings Date Estimate 1
Language en-US
Last Fiscal Year End 1,767,139,200
Long Business Summary OmniAb, Inc., a biotechnology company, licenses discovery research technology to pharmaceutical and biotech companies, and academic institutions to enable the discovery of therapeutics in the United States, Europe, Japan, China, and Canada. The company's technology platform creates and screens diverse antibody repertoires to identify optimal antibodies and other target-binding proteins for partners' drug development efforts. Its OmniAb platform's Biological Intelligence powers the immune systems of its proprietary and engineered transgenic animals to create optimized antibody candidates for human therapeutics. The company offers animal-based technologies include OmniRat, OmniChicken, and OmniMouse, which have been genetically modified to generate antibodies with human sequences; OmniFlic, a bispecific rat and OmniClic, a bispecific chicken are designed for discovery of bispecific antibody applications; OmniTaur, which provides cow-inspired antibodies with unique structural characteristics for challenging targets; OmnidAb, an in vivo platform for the discovery of single-domain antibodies based upon a human VH scaffold; and OmniDeep, a suite of in silico, an artificial intelligence (AI) and machine learning tools for therapeutic discovery and optimization through various technologies and capabilities. It has an agreement with mAbsolve Ltd. for its Fc-silencing platform technology to incorporate the STR technology into antibodies that have been generated using OmniAb's antibody discovery platform. OmniAb, Inc. was founded in 2012 and is headquartered in Emeryville, California.
Long Name OmniAb, Inc.
Market us_market
Market Cap 305,892,128
Market State PREPRE
Max Age 86,400
Message Board Id finmb_1765536061
Most Recent Quarter 1,774,915,200
Net Income To Common -54,286,000
Next Fiscal Year End 1,798,675,200
Non Diluted Market Cap 333,436,931
Number Of Analyst Opinions 6
Open 2.26
Operating Cashflow -25,497,000
Operating Margins -0.54266
Overall Risk 9
Payout Ratio 0.0
Phone 510 250 7800
Post Market Change -0.009899855
Post Market Change Percent -0.46918744
Post Market Price 2.1001
Post Market Time 1,783,980,710
Previous Close 2.29
Price Eps Current Year -5.072115
Price Hint 4
Price To Book 1.1631752
Price To Sales Trailing12 Months 10.570238
Profit Margins -1.87588
Quick Ratio 4.549
Quote Source Name Nasdaq Real Time Price
Quote Type EQUITY
Recommendation Key none
Region US
Regular Market Change -0.18
Regular Market Change Percent -7.86026
Regular Market Day High 2.28
Regular Market Day Low 2.11
Regular Market Day Range 2.11 - 2.28
Regular Market Open 2.26
Regular Market Previous Close 2.29
Regular Market Price 2.11
Regular Market Time 1,783,972,800
Regular Market Volume 414,055
Return On Assets -0.11322
Return On Equity -0.2025
Revenue Growth 2.473
Revenue Per Share 0.243
Sand P52 Week Change 0.20847368
Sector Healthcare
Sector Disp Healthcare
Sector Key healthcare
Share Holder Rights Risk 8
Shares Outstanding 144,972,579
Shares Percent Shares Out 0.0328
Shares Short 4,754,413
Shares Short Previous Month Date 1,780,012,800
Shares Short Prior Month 4,680,231
Short Name OmniAb, Inc.
Short Percent Of Float 0.036
Short Ratio 7.82
Source Interval 15
State CA
Symbol OABI
Target High Price 11.0
Target Low Price 3.0
Target Mean Price 7.33333
Target Median Price 8.0
Total Cash 49,072,000
Total Cash Per Share 0.338
Total Debt 19,670,000
Total Revenue 28,939,000
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing Eps -0.46
Trailing Peg Ratio None
Triggerable 1
Two Hundred Day Average 1.851625
Two Hundred Day Average Change 0.25837493
Two Hundred Day Average Change Percent 0.13953955
Type Disp Equity
Volume 414,055
Website https://www.omniab.com
Zip 94,608