ADMA is a high-quality, profitable biotech (ROE 42%, 33% margins) trading at 12.1x forward earnings with 26.6% upside to the analyst target. Earnings in 3 days, weak growth and a high-volatility profile make it a speculative position.
Thesis pillars
- High Quality Profitable Biotech→Stable
- Attractive Valuation With Upside→Stable
- Weak Top Line Growth↓Deteriorating
- +2 more pillars — see the Why tab for full reasoning
Pillars as of Nov 1, 2026, based on the 10-K filed Feb 25, 2026
ADMA Biologics Inc (ADMA) Stock Analysis
Healthcare · Biotechnology
Wait for pullback to $10.64. BUY gates pass at $11.11, but weak growth argues for a more patient entry. Engine's entry $10.64 (Atr Pullback Sticky) is the shallowest technical level that clears the 2:1 A.R:R minimum.
ADMA Biologics manufactures and commercializes three FDA-approved plasma-derived specialty biologics — ASCENIV and BIVIGAM (IVIG products for primary immunodeficiency) and Nabi-HB (hepatitis B immune globulin) — produced at its Boca Raton, Florida plasma fractionation facility.... Read more
Wait for pullback to $10.64. BUY gates pass at $11.11, but weak growth argues for a more patient entry. Engine's entry $10.64 (Atr Pullback Sticky) is the shallowest technical level that clears the 2:1 A.R:R minimum. Chart setup: No clear chart pattern; technical signals are mixed. Earnings today. Wait until post-earnings. Score 6.2/10, moderate confidence.
Passes 8/10 gates (positive momentum, favorable risk/reward ratio, clean insider activity, positive momentum, no SEC red flags, news events none recent, semi cycle peak clear, materials cycle peak clear). Fails on earnings proximity 0d<=7d. Suitability: speculative.
About ADMA Biologics Inc
About ADMA Biologics Inc
ASCENIV, BIVIGAM, and Nabi-HB — ADMA Biologics' three FDA-approved plasma-derived biologics — are its sole commercial products, with 2026 revenue targeted at more than $635 million from the Boca Raton, Florida fractionation facility. The FDA approved a yield enhancement process in April 2025, expected to increase ASCENIV and BIVIGAM production yields by approximately 20% from the same starting source plasma volume. The company operated 10 FDA-licensed plasma collection centers at December 31, 2025, with three earmarked for divestiture at an aggregate price of $12.0 million.
ADMA earns revenue from specialty biologic sales distributed through national specialty distributors to home healthcare infusion facilities, hospitals, and physician offices. The Centers for Medicare and Medicaid Services issued a permanent J-code (J1554) for ASCENIV effective April 2021, enabling consistent reimbursement coding. ASCENIV targets patients with primary immunodeficiency disease — an estimated 150,000 to 250,000 diagnosed U.S. patients, roughly half treated with IVIG regularly — while BIVIGAM covers a broader PI population including pediatric patients two years and older following a December 2023 FDA label expansion. Plasma supply comes from ADMA BioCenters' collection network plus third-party supply agreements; the December 2025 divestiture of three collection centers included long-term plasma supply agreements with the buyer designed to sustain supply through the late 2030s. A portion of collected plasma not consumed in-house is sold to third-party customers in U.S. and international spot markets. Third-party contractors supplement in-house fill-finish capability at the Boca Facility.
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ADMA's commercial output flows through a single FDA-licensed plasma fractionation facility in Boca Raton, Florida; the 10-K states the company has no alternative manufacturing facility or contractual arrangements with other manufacturers in the event of a casualty to or destruction of any of its facilities. A natural disaster, fire, or FDA enforcement action — such as a warning letter following an inspection of the Boca Facility — could interrupt supply of all three commercial products simultaneously. Compounding this, historically a few customers have accounted for a significant amount of total revenue, meaning a supply disruption could simultaneously trigger customer retention risk.
See also: Healthcare · Biotechnology
From ADMA Biologics Inc's most recent 10-K filing, extracted June 9, 2026.
Recent developments
updated Oct 30, 2026Recent Developments — ADMA Biologics Inc
Latest news
- NEWS Adma Biologics (ADMA) Registers a Bigger Fall Than the Market: Important Facts to Note - Yahoo Finance — Yahoo Finance Oct 30, 2026 negative
- NEWS Adma Biologics (ADMA) Surpasses Market Returns: Some Facts Worth Knowing - Yahoo Finance — Yahoo Finance Oct 20, 2026 positive
- NEWS ADMA Biologics (ADMA) Stock Still Looks Cheap Next To Its Earnings - Simply Wall Street — Simply Wall Street Oct 14, 2026 positive
- NEWS Here's Why Adma Biologics (ADMA) Fell More Than Broader Market - Yahoo Finance — Yahoo Finance Sep 29, 2026 negative
- NEWS Here's Why Adma Biologics (ADMA) Fell More Than Broader Market - finance.yahoo.com — finance.yahoo.com Sep 29, 2026 negative
Latest item Oct 30, 2026 · Generated 2026-11-04T11:34:30Z.
Upcoming dated catalysts
Thesis
Key Metrics
Quality Signals
Options Flow
Concentration Risks(10-K Item 1A)
- MEDIUMCustomerfew customers10-K Item 1A: 'Historically, a few customers have accounted for a significant amount of our total revenue and accounts receivable'
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results. How we score · Editorial policy
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Rating Breakdown
1 floor-breaker
Technicals below the gate floor. Component breakdown shows what dragged the score down.static
Price Targets
Position Sizing
Risk Alerts
Earnings
Verdict History
Frequently Asked Questions
Wait for pullback to $10.64. BUY gates pass at $11.11, but weak growth argues for a more patient entry. Engine's entry $10.64 (Atr Pullback Sticky) is the shallowest technical level that clears the 2:1 A.R:R minimum. Chart setup: No clear chart pattern; technical signals are mixed. Earnings today. Wait until post-earnings. Target $14.45 (+30.1%), stop $9.90 (−12.2%), A.R:R 3.1:1. Score 6.2/10, moderate confidence.
Take-profit target: $14.45 (+30.1% upside). Target $14.45 (+30.1%), stop $9.90 (−12.2%), A.R:R 3.1:1. Stop-loss: $9.90.
Weak growth.
ADMA Biologics Inc trades at a P/E of 15.9 (forward 11.8). TrendMatrix value score: 7.9/10. Verdict: Buy (Wait for Entry).
10 analysts rate ADMA, with a consensus score of 4.0/5. 4 analysts publish price targets averaging $17.
What does ADMA Biologics Inc do?ADMA Biologics manufactures and commercializes three FDA-approved plasma-derived specialty biologics — ASCENIV and...
ADMA Biologics manufactures and commercializes three FDA-approved plasma-derived specialty biologics — ASCENIV and BIVIGAM (IVIG products for primary immunodeficiency) and Nabi-HB (hepatitis B immune globulin) — produced at its Boca Raton, Florida plasma fractionation facility. Revenue comes from specialty biologic sales through national distributors; the company targets more than $635 million in 2026 revenue and also sells excess source plasma to third parties.