On August 22, Twist Bioscience Corp rose 5.07% in regular trading, trading at $143.245/share, with turnover of $100 million, extending the prior session's surge of over 22%.
On the news front, the company disclosed on August 20 that it was selected by Anthropic as an independent evaluator for a multi-arm AI protein design project. Twist Bioscience is responsible for rapidly producing at scale the AI-designed proteins and testing the designs for binding capability. Anthropic is leveraging Claude Opus 4.8 and Mythos Preview to conduct protein design experiments targeting 15 different targets, with Twist serving as the external validation partner.
This role further solidifies the company's position as a core supplier in the DNA synthesis and protein production segments of the AI-driven drug discovery value chain. Additionally, the company reported Q3 revenue of $118.4 million, beating estimates, and issued Q4 guidance of $123-124 million, significantly above the consensus estimate of $117.4 million, providing fundamental support for the continued rally.
(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)
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