Adaptive Biotechnologies Corpor ADPT

Competitive advantage analysis · healthcare

Corporate Default
Overall moat score
64/100
Moderate

About Adaptive Biotechnologies Corpor

Adaptive Biotechnologies Corporation, a commercial-stage company, develops an immune medicine platform for the diagnosis and treatment of various diseases. The company offers immunosequencing platform which combines a suite of proprietary chemistry, computational biology, and machine learning to generate clinical immunomics data to decode the adaptive immune system. It also provides clonoSEQ diagnostic test which detects and monitors the remaining number … Full ADPT analysis →

Competitive advantage assessment

Key strengths

  • Revenue Growth Consistent Revenue growth volatility is low (stability score 0.85), suggesting sticky customer base.
  • Cash Generation Consistent Cash generation is consistent (score 0.82), indicating reliable business model.

The dashed ring is the peer median. Defense scores are percentile ranks against peers, so 50 is roughly the typical company in this group.

Upgrade to unlock the signals and evidence behind each defense.

Premium access

Unlock full defense analysis

Get key signals, strengths, and risks for every moat dimension.

Upgrade to Premium Unlock all moat defenses and evidence.

Pricing Power

Moderate
52

Where ADPT ranks in Biotechnology

Adaptive Biotechnologies Corpor ranks #68 of 713 scored companies in Biotechnology by moat score — the top 10%. The widest moat in the group is Royalty Pharma plc (RPRX) at 85/100.

Moat scores for companies ranked near ADPT in Biotechnology
# Company Moat score Rating
64 Nanobiotix S.A. NBTX 65/100 Moderate
65 Immunocore Holdings plc IMCR 65/100 Moderate
66 Equillium, Inc. EQ 64/100 Moderate
67 Ionis Pharmaceuticals, Inc. IONS 64/100 Moderate
68 Adaptive Biotechnologies Corpor ADPT 64/100 Moderate
69 Spero Therapeutics, Inc. SPRO 64/100 Moderate
70 Xenetic Biosciences, Inc. XBIO 64/100 Moderate
71 Nuvalent, Inc. NUVL 63/100 Moderate
72 CURATIVE BIOTECHNOLOGY INC. CUBT 63/100 Moderate

See every Biotech / Pre-Revenue company ranked by moat score →

How ADPT scores on the Corporate Default defenses

Pricing Power

Score 52 · 20% of the moat score

Pricing power is the ability to raise prices without losing volume.

Cost Advantage

Score 80 · 15% of the moat score

A cost advantage means delivering the same product for structurally less — better purchasing, denser distribution, a more automated process.

Customer Stickiness

Score 83 · 15% of the moat score

Stickiness is what makes revenue repeat without being re-won every year.

Capital Efficiency

Score 50 · 18% of the moat score

Capital efficiency asks what the company earns on the money tied up in the business.

Resilience

Score 68 · 17% of the moat score

Resilience is the capacity to get through a bad year on its own terms — enough liquidity, enough interest cover, and enough cash generation to avoid a rescue financing or a forced sale.

Scale & Market Position

Score 58 · 15% of the moat score

Scale matters only when it converts into economics.

How each Corporate Default defense is measured, in full →

Understanding ADPT's moat

What is Adaptive Biotechnologies Corpor's moat score?

Adaptive Biotechnologies Corpor (ADPT) scores 64 out of 100 on the StatsAlpha Moat Map, which rates its competitive advantage as moderate. It ranks #68 of 713 scored companies in Biotechnology, the top 10%. The score is a weighted composite of 6 competitive defenses, each measured against industry peers of 712 companies in Biotechnology. Its strongest defense is Customer Stickiness (83/100) and its weakest is Capital Efficiency (50/100).

How does Adaptive Biotechnologies Corpor compare with other Biotechnology companies?

Adaptive Biotechnologies Corpor ranks #68 of 713 scored companies in Biotechnology by moat score. The widest moat in Biotechnology is Royalty Pharma plc (RPRX) at 85/100. The companies ranked closest are Ionis Pharmaceuticals, Inc. (IONS) at 64 just above it and Spero Therapeutics, Inc. (SPRO) at 64 just below it.

How is the moat score calculated?

Each company is scored with an industry-specific template — Corporate Default in this case, chosen because the defenses that matter to a bank are not the ones that matter to a software company. Every defense combines several financial signals, and each signal is measured as a percentile against a peer group of 712 companies in Biotechnology. The defenses are then weighted to produce the overall score out of 100.

Why is Adaptive Biotechnologies Corpor scored with the Corporate Default template?

Most public companies sell a product or a service at a margin, so the moat question is whether that margin survives contact with competitors. The Corporate template scores the six defenses that show up in a general operating company's financial signature: whether it can hold price, produce more cheaply than rivals, keep its customers, earn a return above its cost of capital, withstand a downturn, and turn size into economics.

Which competitive defenses are measured for Adaptive Biotechnologies Corpor?

The Corporate Default template measures 6 defenses, and ADPT scores: Pricing Power (52), Cost Advantage (80), Customer Stickiness (83), Capital Efficiency (50), Resilience (68), Scale & Market Position (58). Each is scored independently as a percentile against peers, so a company can be strong on one and weak on another — the overall score reflects how those defenses are weighted for this industry.

Send Feedback
Please select a category.
0/1000