MetaCap

AnaptysBio (ANAB) vs Ultragenyx Pharmaceutical (RARE)

Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 9, 2026.

Summary

AnaptysBio (ANAB) has outperformed Ultragenyx Pharmaceutical (RARE) over the past year, gaining 117.8% versus a loss of 50.5%. Over five years, ANAB leads with a +141.8% price change compared with -80.9% for RARE. Ultragenyx Pharmaceutical is the larger company by market cap ($1.52 billion vs $1.38 billion), about 1.1 times the size.

On valuation, AnaptysBio trades at a lower forward P/E (9.1x vs 22.8x for Ultragenyx Pharmaceutical).

Summary generated from market data by MetaCap's automated system. Methodology

Relative performance

ANAB+117.77%RARE-50.45%
+243%+85%-73%
Oct 8, 20251 yearOct 8, 2026
ANAB+147.29%RARE-81.27%
+289%+94%-100%
Oct 4, 20215 yearsOct 5, 2026

Percent change in share price from the first common trading day shown; excludes dividends.

Head-to-head

ANAB versus RARE key metrics
MetricANABRARE
Share price$46.15$15.45
Market cap$1.38B$1.52B
1-day change-0.13%+1.05%
YTD return+42.98%-33.52%
1-year return+117.77%-50.45%
5-year return+141.77%-80.89%
Forward P/E9.1122.83
EPS (TTM)$-0.96$-5.82
Dividend yield0.00%0.00%
Annual dividend$0.00$0.00
Revenue (latest FY)—$673.00M
Revenue growth (YoY)—+20.18%
Net income (latest FY)—$-575.00M
Operating margin—-79.49%
Net margin—-85.44%
52-week high$72.36$39.89
52-week low$20.18$12.73
Distance from 52-week high-36.22%-61.27%
Analyst consensusstrong_buybuy
Avg. price target upside+89.06%+81.55%
Average volume565.82K3.87M
Shares outstanding29.90M98.59M
Employees—1,371
SectorHealth CareHealth Care
IndustryBiotechnology: Pharmaceutical PreparationsBiotechnology: Pharmaceutical Preparations

Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.

Key differences

  • ANAB has outperformed RARE by 168.2 percentage points over the past year.

About AnaptysBio

ANAB stock →

AnaptysBio, Inc. discovers and out-licenses therapeutic bodies in the United States.

Health Care · Biotechnology: Pharmaceutical Preparations

About Ultragenyx Pharmaceutical

RARE stock →

Ultragenyx Pharmaceutical Inc., a biopharmaceutical company, focuses on the identification, acquisition, development, and commercialization of novel products for the treatment of rare and ultra-rare genetic diseases in North America, Latin America, Europe, the Middle East, Africa, and the Asia-Pacific. Its biologic products include Crysvita (burosumab), an antibody targeting fibroblast growth factor 23 for the treatment of X-linked hypophosphatemia, as well as tumor-induced osteomalacia; Mepsevii, an enzyme replacement therapy for the treatment of children and adults with Mucopolysaccharidosis VII; Dojolvi for the treatment of long-chain fatty acid oxidation disorders; and Evkeeza (evinacumab) for the treatment of homozygous familial hypercholesterolemia.

Health Care · Biotechnology: Pharmaceutical Preparations · 1,371 employees

ANAB vs RARE FAQ

Which is bigger, AnaptysBio or Ultragenyx Pharmaceutical?

Ultragenyx Pharmaceutical (RARE) is larger, with a market capitalization of $1.52B compared with $1.38B for AnaptysBio (ANAB).

Which stock has performed better over the past year, ANAB or RARE?

ANAB returned +117.77% over the past 12 months, compared with -50.45% for RARE (price return, excluding dividends). Past performance does not predict future results.

Are AnaptysBio and Ultragenyx Pharmaceutical in the same industry?

Yes. Both are classified in the Biotechnology: Pharmaceutical Preparations industry within the Health Care sector.

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