ADCT Chart
About

ADC Therapeutics SA provides antibody drug conjugate (ADC) technology platform to transform the treatment paradigm for patients with hematologic malignancies and solid tumors. Its flagship product includes ZYNLONTA, a CD19-directed ADC, received accelerated approval from the U.S. Food and Drug Administration, conditional approval from the European Commission, and conditional approval from the China National Medical Products Administration for the treatment of relapsed or refractory diffuse large B-cell lymphoma (DLBCL) after two or more lines of systemic therapy. The company is also seeking to continue expanding ZYNLONTA into international markets and into earlier lines of DLBCL and indolent lymphomas, including follicular lymphoma (FL) and marginal zone lymphoma (MZL) as a single agent and in combination through its LOTIS-5 confirmatory Phase 3 clinical trial and LOTIS-7 Phase 1b clinical trial, as well as through investigator-initiated trials (IITs). In addition, it is investigating a CD-22 targeted compound' and ADCT-602 that is in a Phase 1/2 IIT in refractory B-cell acute lymphoblastic leukemia. Further, the company's pre-clinical stage pipeline includes a portfolio of next generation investigational ADCs targeting Claudin-6, NaPi2b, PSMA, NaPi2b, and ASCT2. ADC Therapeutics SA was incorporated in 2011 and is headquartered in Epalinges, Switzerland.

Fundamentals
Scroll to Statements
Sector Healthcare Industry Biotechnology Market Cap 594.61M
Enterprise Value 900.34M Income -142.62M Sales 81.36M
Book/sh -1.23 Cash/sh 1.74 Dividend Yield
Payout 0.00% Employees IPO
P/E Forward P/E -3.22 PEG
P/S 7.31 P/B -3.89 P/C
EV/EBITDA -8.38 EV/Sales 11.07 Quick Ratio 4.14
Current Ratio 4.37 Debt/Eq LT Debt/Eq
EPS (ttm) -1.41 EPS next Y -1.49 EPS Growth
Revenue Growth 36.40% Earnings 2026-03-10 ROA -21.00%
ROE ROIC Gross Margin -34.96%
Oper. Margin -79.22% Profit Margin -175.31% Shs Outstand 123.88M
Shs Float 118.73M Short Float 4.00% Short Ratio 5.20
Short Interest 52W High 4.95 52W Low 1.05
Beta 1.97 Avg Volume 909.33K Volume 1.56M
Target Price $8.00 Recom Strong_buy Prev Close $4.23
Price $4.80 Change 13.48%
Valuation Models

Price estimates from analyst targets and simple models.

1. Analyst consensus
$8.00
Mean price target
2. Current target
$4.80
Latest analyst target
3. DCF / Fair value
$8.00
Proxy: analyst mean price target (no FCF/EPS data available).
Ratings
Current target
$4.80
Low
$6.00
High
$10.00
Mean
$8.00

Latest analyst rating changes

Date Action Analyst Rating Change Price Target
2025-10-16 main HC Wainwright & Co. Buy → Buy $7
2025-08-13 reit Guggenheim Buy → Buy $10
2025-06-20 main RBC Capital Outperform → Outperform $5
2025-06-13 main Guggenheim Buy → Buy $10
2025-05-15 reit RBC Capital Outperform → Outperform $8
2025-03-31 main Guggenheim Buy → Buy $7
2025-03-31 reit HC Wainwright & Co. Buy → Buy $8
2025-03-07 reit Cantor Fitzgerald Overweight → Overweight
2025-02-24 main Stephens & Co. Overweight → Overweight $8
2025-01-06 reit HC Wainwright & Co. Buy → Buy $8
2024-12-12 reit Guggenheim Buy → Buy $10
2024-12-11 reit HC Wainwright & Co. Buy → Buy
2024-11-08 init Stephens & Co. — → Overweight $6
2024-08-08 reit HC Wainwright & Co. Buy → Buy $8
2024-08-07 reit RBC Capital Outperform → Outperform $8
2024-05-30 init Cantor Fitzgerald — → Overweight
2024-05-07 main HC Wainwright & Co. Buy → Buy $8
2024-04-15 reit HC Wainwright & Co. Buy → Buy $9
2024-04-05 reit Guggenheim — → Buy
2024-03-28 init Guggenheim — → Buy $11
Insider Transactions
Date Shares Value Url Text Insider Position Transaction Start Date Ownership
0 294800 1176252 Stock Award(Grant) at price 3.99 per share. GRAHAM PETER J Officer 2026-02-13 00:00:00 D
1 271600 1083684 Stock Award(Grant) at price 3.99 per share. CARMONA JOSE Chief Financial Officer 2026-02-13 00:00:00 D
2 900000 3591000 Stock Award(Grant) at price 3.99 per share. MALLIK AMEET Chief Executive Officer 2026-02-13 00:00:00 D
3 285200 1137948 Stock Award(Grant) at price 3.99 per share. ZAKI MOHAMED Officer 2026-02-13 00:00:00 D
4 62900 250971 Stock Award(Grant) at price 3.99 per share. KALLEBO LISA MICHELLE Officer 2026-02-13 00:00:00 D
5 40000 Stock Award(Grant) at price 0.00 per share. COUGHLIN TIMOTHY P Director 2025-06-03 00:00:00 D
6 40000 Stock Award(Grant) at price 0.00 per share. SQUARER RON R Director 2025-06-03 00:00:00 D
7 40000 Stock Award(Grant) at price 0.00 per share. BIZZARI JEAN-PIERRE Director 2025-06-03 00:00:00 D
8 40000 Stock Award(Grant) at price 0.00 per share. SANDOR VICTOR Director 2025-06-03 00:00:00 D
9 40000 Stock Award(Grant) at price 0.00 per share. AZELBY ROBERT W Director 2025-06-03 00:00:00 D
Financials
Line Item2024-12-312023-12-312022-12-312021-12-31
TaxEffectOfUnusualItems-16.80K-10.92K-3.48M2.97M
TaxRateForCalcs0.210.210.210.09
NormalizedEBITDA-102.57M-145.78M-91.12M-265.33M
TotalUnusualItems-80.00K-52.00K-16.57M34.80M
TotalUnusualItemsExcludingGoodwill-80.00K-52.00K-16.57M34.80M
NetIncomeFromContinuingOperationNetMinorityInterest-157.85M-240.05M-157.13M-230.03M
ReconciledDepreciation3.28M3.27M2.39M2.63M
ReconciledCostOfRevenue5.95M2.53M3.30M1.39M
EBITDA-102.65M-145.83M-107.70M-230.53M
EBIT-105.92M-149.09M-110.09M-233.16M
NetInterestIncome-37.94M-35.78M-34.16M-18.27M
InterestExpense50.21M46.33M36.73M18.34M
InterestIncome12.27M10.54M2.57M66.00K
NormalizedIncome-157.78M-240.01M-144.04M-261.85M
NetIncomeFromContinuingAndDiscontinuedOperation-157.85M-240.05M-157.13M-230.03M
TotalExpenses200.43M234.61M332.89M295.27M
TotalOperatingIncomeAsReported-130.65M-165.99M-123.34M-261.72M
DilutedAverageShares97.16M81.71M78.15M76.68M
BasicAverageShares97.16M81.71M78.15M76.68M
DilutedEPS-1.62-2.94-1.99-3.00
BasicEPS-1.62-2.94-1.99-3.00
DilutedNIAvailtoComStockholders-157.85M-240.05M-157.13M-230.03M
NetIncomeCommonStockholders-157.85M-240.05M-157.13M-230.03M
NetIncome-157.85M-240.05M-157.13M-230.03M
NetIncomeIncludingNoncontrollingInterests-157.85M-240.05M-157.13M-230.03M
NetIncomeContinuousOperations-157.85M-240.05M-157.13M-230.03M
EarningsFromEquityInterestNetOfTax-1.54M-5.53M-10.08M
TaxProvision166.00K39.11M227.00K-21.48M
PretaxIncome-156.14M-195.42M-146.82M-251.50M
OtherIncomeExpense11.39M5.42M10.33M28.12M
OtherNonOperatingIncomeExpenses11.47M5.47M26.91M366.00K
SpecialIncomeCharges0.00-42.11M0.00
OtherSpecialCharges42.11M
EarningsFromEquityInterest-10.08M-6.67M
GainOnSaleOfSecurity-80.00K-52.00K25.54M34.80M
NetNonOperatingInterestIncomeExpense-37.94M-35.78M-34.16M-18.27M
InterestExpenseNonOperating50.21M46.33M36.73M18.34M
InterestIncomeNonOperating12.27M10.54M2.57M66.00K
OperatingIncome-129.59M-165.05M-122.99M-261.35M
OperatingExpense194.48M232.08M329.59M293.88M
OtherTaxes-1.06M-935.00K-357.00K-366.00K
ResearchAndDevelopment109.63M127.13M186.46M158.00M
SellingGeneralAndAdministration85.91M105.89M143.49M136.24M
SellingAndMarketingExpense21.44M33.01M35.75M64.78M
GeneralAndAdministrativeExpense64.47M72.88M107.74M136.24M
OtherGandA17.68M20.54M25.98M50.30M
SalariesAndWages46.78M52.34M81.76M85.94M
GrossProfit64.89M67.03M206.61M32.52M
CostOfRevenue5.95M2.53M3.30M1.39M
TotalRevenue70.84M69.56M209.91M33.92M
OperatingRevenue70.84M69.56M209.91M33.92M
Line Item2024-12-312023-12-312022-12-312021-12-31
TreasurySharesNumber2.74M6.75M8.40M1.46M
OrdinarySharesNumber98.86M82.29M80.64M76.81M
ShareIssued101.61M89.04M89.04M78.27M
TotalDebt123.00M124.38M117.38M139.70M
TangibleBookValue-202.64M-148.25M79.45M152.51M
InvestedCapital-89.01M-35.52M189.16M297.76M
WorkingCapital226.92M268.62M353.04M451.25M
NetTangibleAssets-202.64M-148.25M79.45M152.51M
CapitalLeaseObligations9.37M11.65M7.66M8.02M
CommonStockEquity-202.64M-148.25M79.45M166.09M
TotalCapitalization-89.01M-35.52M189.16M291.19M
TotalEquityGrossMinorityInterest-202.64M-148.25M79.45M166.09M
StockholdersEquity-202.64M-148.25M79.45M166.09M
GainsLossesNotAffectingRetainedEarnings-1.42M-93.00K1.82M102.83M
OtherEquityAdjustments-1.42M-93.00K1.82M102.65M
ForeignCurrencyTranslationAdjustments-356.00K183.00K
TreasuryStock220.00K541.00K679.00K128.00K
RetainedEarnings-1.49B-1.34B-1.10B-924.88M
AdditionalPaidInCapital1.28B1.18B1.17B981.83M
CapitalStock8.43M7.31M7.31M6.45M
CommonStock8.43M7.31M7.31M6.45M
TotalLiabilitiesNetMinorityInterest524.62M503.03M411.41M451.88M
TotalNonCurrentLiabilitiesNetMinorityInterest444.15M435.36M329.47M377.95M
OtherNonCurrentLiabilities2.43M8.88M838.00K
DerivativeProductLiabilities1.79M0.00
EmployeeBenefits0.003.65M
NonCurrentPensionAndOtherPostretirementBenefitPlans0.003.65M
NonCurrentDeferredLiabilities320.09M303.57M212.35M242.20M
NonCurrentDeferredRevenue23.54M23.54M
LongTermDebtAndCapitalLeaseObligation121.63M122.91M116.28M132.09M
LongTermCapitalLeaseObligation8.00M10.18M6.56M6.99M
LongTermDebt113.63M112.73M109.71M125.10M
CurrentLiabilities80.47M67.67M81.94M73.94M
OtherCurrentLiabilities26.95M13.04M16.56M14.11M
CurrentDebtAndCapitalLeaseObligation1.37M1.47M1.10M7.60M
CurrentCapitalLeaseObligation1.37M1.47M1.10M1.03M
CurrentDebt12.47M6.58M
OtherCurrentBorrowings12.47M6.58M
PayablesAndAccruedExpenses52.15M53.16M64.28M52.22M
CurrentAccruedExpenses34.12M37.59M51.93M36.38M
Payables18.03M15.57M12.35M15.83M
TotalTaxPayable0.003.75M
IncomeTaxPayable0.003.75M
AccountsPayable18.03M15.57M12.35M12.08M
TotalAssets321.98M354.78M490.86M617.97M
TotalNonCurrentAssets14.59M18.49M55.88M92.79M
OtherNonCurrentAssets1.16M711.00K902.00K693.00K
NonCurrentDeferredAssets0.0037.10M26.05M
NonCurrentDeferredTaxesAssets0.0037.10M26.05M
InvestmentsAndAdvances0.001.65M7.61M41.24M
LongTermEquityInvestment0.001.65M7.61M41.24M
InvestmentsinJointVenturesatCost0.001.65M7.61M41.24M
GoodwillAndOtherIntangibleAssets14.36M13.58M
OtherIntangibleAssets14.36M13.58M
NetPPE13.43M16.13M10.26M11.23M
AccumulatedDepreciation-5.32M-4.28M-3.41M-4.31M
GrossPPE18.75M20.41M13.67M15.54M
Leases3.87M3.95M2.08M11.25M
ConstructionInProgress0.000.00
OtherProperties12.77M14.16M9.44M2.23M
MachineryFurnitureEquipment2.11M2.29M2.15M2.06M
Properties0.000.000.000.00
CurrentAssets307.39M336.29M434.98M525.18M
OtherCurrentAssets9.45M5.99M23.50M1.56M
PrepaidAssets8.37M10.34M23.30M15.35M
Inventory18.39M16.18M12.07M11.12M
FinishedGoods49.00K82.00K16.00K560.00K
WorkInProcess18.34M16.09M12.06M10.56M
Receivables20.32M25.18M72.97M32.17M
OtherReceivables3.36M1.56M
TaxesReceivable763.00K387.00K
AccruedInterestReceivable619.00K0.00
AccountsReceivable20.32M25.18M72.97M30.22M
CashCashEquivalentsAndShortTermInvestments250.87M278.60M326.44M466.54M
CashAndCashEquivalents250.87M278.60M326.44M466.54M
Line Item2024-12-312023-12-312022-12-312021-12-31
FreeCashFlow-124.70M-121.90M-139.00M-239.75M
RepurchaseOfCapitalStock-221.00K0.00
RepaymentOfDebt-1.01M-977.00K
IssuanceOfDebt0.00115.60M49.59M
IssuanceOfCapitalStock60.51M0.006.13M0.00
CapitalExpenditure-867.00K-3.22M-687.00K-6.38M
InterestPaidSupplementalData15.70M15.39M10.18M
EndCashPosition250.87M278.60M326.44M466.54M
BeginningCashPosition278.60M326.44M466.54M439.19M
EffectOfExchangeRateChanges-83.00K184.00K-208.00K6.00K
ChangesInCash-27.65M-48.03M-139.90M27.34M
FinancingCashFlow97.05M73.88M-897.00K267.39M
CashFlowFromContinuingFinancingActivities97.05M73.88M-897.00K267.39M
NetOtherFinancingCharges-1.16M73.10M-122.62M218.00M
ProceedsFromStockOptionExercised37.71M773.00K0.00778.00K
NetCommonStockIssuance60.51M0.006.13M0.00
CommonStockPayments-221.00K0.00
CommonStockIssuance60.51M0.006.13M0.00
NetIssuancePaymentsOfDebt0.00115.60M48.61M
NetLongTermDebtIssuance0.00115.60M48.61M
LongTermDebtPayments-1.01M-977.00K
LongTermDebtIssuance0.00115.60M49.59M
InvestingCashFlow-867.00K-3.22M-687.00K-6.67M
CashFlowFromContinuingInvestingActivities-867.00K-3.22M-687.00K-6.67M
NetOtherInvestingChanges-210.00K-297.00K
NetIntangiblesPurchaseAndSale-1.72M-2.95M
PurchaseOfIntangibles-1.72M-2.95M
NetPPEPurchaseAndSale-867.00K-3.22M-687.00K-3.43M
PurchaseOfPPE-867.00K-3.22M-687.00K-3.43M
OperatingCashFlow-123.83M-118.69M-138.31M-233.38M
CashFlowFromContinuingOperatingActivities-123.83M-118.69M-138.31M-233.38M
TaxesRefundPaid-13.47M-671.00K
InterestReceivedCFO2.14M281.00K
InterestPaidCFO-10.37M-5.28M
ChangeInWorkingCapital3.83M44.27M-48.73M-15.71M
ChangeInOtherWorkingCapital1.85M4.57M
ChangeInOtherCurrentLiabilities-8.88M5.67M-1.20M12.52M
ChangeInOtherCurrentAssets-1.94M7.49M-11.67M-6.36M
ChangeInPayablesAndAccruedExpense13.60M-10.97M16.56M19.32M
ChangeInAccruedExpense11.14M-14.14M16.25M12.52M
ChangeInPayable2.46M3.17M310.00K6.80M
ChangeInAccountPayable2.46M3.17M310.00K6.80M
ChangeInInventory-3.73M-5.71M-9.65M-3.02M
ChangeInReceivables4.77M47.79M-42.75M-30.22M
ChangesInAccountReceivables4.77M47.79M-42.75M-30.22M
OtherNonCashItems17.76M17.30M-25.41M-17.05M
StockBasedCompensation6.57M13.49M49.32M60.48M
AssetImpairmentCharge1.52M1.61M2.17M-8.10M
DeferredTax0.0037.10M-1.62M-26.05M
DeferredIncomeTax0.0037.10M-1.62M-26.05M
DepreciationAmortizationDepletion3.28M3.27M2.39M2.63M
DepreciationAndAmortization3.28M3.27M2.39M2.63M
AmortizationCashFlow118.00K129.00K
AmortizationOfIntangibles118.00K129.00K
Depreciation3.28M3.27M2.39M2.50M
OperatingGainsLosses1.06M4.32M40.69M6.12M
PensionAndEmployeeBenefitExpense-186.00K-712.00K0.00-365.00K
EarningsLossesFromEquityInvestments1.54M5.53M10.08M6.67M
GainLossOnInvestmentSecurities-296.00K-497.00K-11.50M-34.89M
NetForeignCurrencyExchangeGainLoss-107.00K-185.00K
NetIncomeFromContinuingOperations-157.85M-240.05M-157.13M-230.03M
SEC Filings

Recent 10-K, 10-Q, 8-K, and Form 4 (insider) filings.

Public Trades for ADCT
Date User Broker Pattern Type Position Size Entry Price Trade P&L Status