The average one-year price target for Adagene Inc. – Depositary Receipt (NasdaqGM:ADAG) has been raised to $11.57 per share, reflecting an 11.46% increase from the previous estimate of $10.38 on March 25, 2026. This target range spans from a low of $7.07 to a high of $22.12, indicating a 189.30% potential upside compared to the latest closing price of $4.00 per share.
Institutional ownership in Adagene has decreased to 22 funds, down by 12% in the last quarter. The average portfolio weight dedicated to ADAG increased by 91.82%, but total institutional shares owned fell by 69.48% to 1,746K shares. Notably, Exome Asset Management significantly increased its holdings from 263K to 1,060K shares, while Fifth Lane Capital and Citadel Advisors also reported notable increases in their share ownership.
