OmniAb, Inc. (OABI) Stock Analysis — April 2026 Rating, Price, and Forecast
Company Overview — What Does OmniAb, Inc. Do?
Avista Public Acquisition Corp. II does not have significant operations. It intends to acquire assets and businesses through a merger, share exchange, share purchase, reorganization, or similar business combination. The company focuses on pursuing businesses in the healthcare industry. Avista Public Acquisition Corp. II was incorporated in 2021 and is based in New York, New York. OmniAb, Inc. (OABI) is classified as a micro-cap stock in the Industrials sector, specifically within the Business Services industry. The company is led by CEO Matthew W. Foehr and employs approximately 7 people. With a market capitalization of $226M, OABI is one of the notable companies in the Industrials sector.
OmniAb, Inc. (OABI) Stock Rating — Avoid (April 2026)
As of April 2026, OmniAb, Inc. receives a Avoid rating with a composite score of 28.4/100 and 1 out of 5 stars from the Blank Capital Research quantitative model.OABI ranks #3,964 out of 4,446 stocks in our coverage universe. Within the Industrials sector, OmniAb, Inc. ranks #680 of 752 stocks, placing it in the lower half of its Industrials peers. The rating is generated by a multi-factor model that weighs quality (30%), momentum (25%), value (15%), investment (10%), stability (10%), and short interest (10%).
OABI Stock Price and 52-Week Range
OmniAb, Inc. (OABI) currently trades at $1.47. The stock lost $0.03 (2.0%) in the most recent trading session. The 52-week high for OABI is $2.57, which means the stock is currently trading -42.8% from its annual peak. The 52-week low is $1.22, putting the stock 20.5% above its annual trough. Recent trading volume was 310K shares, suggesting relatively thin trading activity.
Is OABI Overvalued or Undervalued? — Valuation Analysis
OmniAb, Inc. (OABI) carries a value factor score of 17/100 in the Blank Capital model, signaling premium valuation that prices in significant future growth. The price-to-book ratio stands at 0.82x, versus the sector average of 2.23x. The price-to-sales ratio is 15.12x, compared to 0.50x for the average Industrials stock.
At current multiples, OmniAb, Inc. trades at a premium to most Industrials peers. This elevated valuation may be justified if the company can sustain above-average growth rates and profitability, but it also creates downside risk if earnings disappoint expectations.
OmniAb, Inc. Profitability — ROE, Margins, and Quality Score
OmniAb, Inc. (OABI) earns a quality factor score of 22/100, signaling below-average profitability metrics relative to the broader market. The return on equity (ROE) is -25.1%, compared to the Industrials sector average of 8.9%, which is below typical expectations for high-quality companies. Return on assets (ROA) comes in at -22.3% versus the sector average of 3.3%.
On a margin basis, OmniAb, Inc. reports gross margins of 99.0%, compared to 35.8% for the sector. The operating margin is -538.4% (sector: 6.2%). Net profit margin stands at -494.0%, versus 3.9% for the average Industrials stock. Revenue growth is running at -70.6% on a trailing basis, compared to 6.4% for the sector. Profitability is below benchmark levels, which may reflect industry headwinds, elevated reinvestment, or structural challenges.
OABI Debt, Balance Sheet, and Financial Health
OmniAb, Inc. has a debt-to-equity ratio of 13.0%, compared to the Industrials sector average of 70.0%. The low leverage indicates a conservative balance sheet with significant financial flexibility. The current ratio is 4.02x, indicating strong short-term liquidity. Total debt on the balance sheet is $18M. Cash and equivalents stand at $29M.
OABI has a beta of 1.01, meaning it is roughly in line with the broader market in terms of price volatility. The stability factor score for OmniAb, Inc. is 37/100, suggesting elevated price swings that may be unsuitable for conservative portfolios.
OmniAb, Inc. Revenue and Earnings History — Quarterly Trend
In TTM 2026, OmniAb, Inc. reported revenue of $14M and earnings per share (EPS) of $-0.57. Net income for the quarter was $-67M. Gross margin was 99.0%. Operating income came in at $-73M.
In FY 2025, OmniAb, Inc. reported revenue of $19M and earnings per share (EPS) of $-0.57. Net income for the quarter was $-65M. Revenue grew -29.3% year-over-year compared to FY 2024. Operating income came in at $-69M.
In Q3 2025, OmniAb, Inc. reported revenue of $2M and earnings per share (EPS) of $-0.14. Net income for the quarter was $-17M. Revenue grew -46.3% year-over-year compared to Q3 2024. Operating income came in at $-18M.
In Q2 2025, OmniAb, Inc. reported revenue of $4M and earnings per share (EPS) of $-0.15. Net income for the quarter was $-16M. Revenue grew -48.8% year-over-year compared to Q2 2024. Operating income came in at $-16M.
Over the past 8 quarters, OmniAb, Inc. has demonstrated a growth trajectory, with revenue expanding from $8M to $14M. Investors analyzing OABI stock should weigh these quarterly trends alongside the valuation and quality metrics discussed above.
OABI Dividend Yield and Income Analysis
OmniAb, Inc. (OABI) does not currently pay a dividend. This is common among smaller companies in the Business Services industry that prefer to reinvest cash flows into business expansion rather than returning capital to shareholders. Income-focused investors looking for Industrials dividend stocks may want to explore other Industrials stocks or use the stock screener to filter by dividend yield.
OABI Momentum and Technical Analysis Profile
OmniAb, Inc. (OABI) has a momentum factor score of 24/100, signaling weak relative price performance. Stocks with low momentum scores have historically tended to continue underperforming in the near term. The investment factor score is 39/100, which measures capital allocation efficiency and asset growth patterns. The short interest score of 57/100 reflects moderate short selling activity.
OABI vs Competitors — Industrials Sector Ranking and Peer Comparison
Within the Industrials sector, OmniAb, Inc. (OABI) ranks #680 out of 752 stocks based on the Blank Capital composite score. This places OABI in the lower half of all Industrials stocks in our coverage universe. Key competitors and sector peers include South Bow Corp (SOBO) with a score of 56.5/100, TSAKOS ENERGY NAVIGATION LTD (TEN) with a score of 61.4/100, Great Lakes Dredge & Dock CORP (GLDD) with a score of 56.7/100, Tri Pointe Homes, Inc. (TPH) with a score of 57.3/100, and Clear Channel Outdoor Holdings, Inc. (CCO) with a score of 52.2/100.
Comparing OABI against the S&P 500 benchmark is also instructive for understanding relative performance. Investors can view the full OABI vs S&P 500 (SPY) comparison to assess how OmniAb, Inc. stacks up against the broader market across all factor dimensions.
OABI Next Earnings Date
No upcoming earnings date has been announced for OmniAb, Inc. (OABI) at this time. Check the earnings calendar for the latest scheduling updates across all stocks in our coverage universe.
Should You Buy OABI? — Investment Thesis Summary
The quantitative profile for OmniAb, Inc. suggests caution. The quality score of 22/100 flags below-average profitability. The value score of 17/100 indicates premium valuation. Momentum is weak at 24/100, a headwind for near-term performance. High volatility (stability score 37/100) increases portfolio risk.
In summary, OmniAb, Inc. (OABI) earns a Avoid rating with a composite score of 28.4/100 as of April 2026. The rating is derived from the Blank Capital Research methodology, which combines six factor dimensions into a single quantitative ranking. Investors should consider these quantitative signals alongside their own fundamental research, risk tolerance, and investment time horizon before making buy or sell decisions on OABI stock.
Related Resources for OABI Investors
Explore more research and tools: OABI vs S&P 500 comparison, top Industrials stocks, stock screener, our methodology, quality factor explained, value factor explained, momentum factor explained. Compare OABI head-to-head with peers: OABI vs SOBO, OABI vs TEN, OABI vs GLDD.