Alumis Inc.

Alumis Inc. Stock Forecast & Price Prediction

Live Alumis Inc. Stock (ALMS) Price
$10.35

0

Ratings

  • Buy 0
  • Hold 0
  • Sell 0
Disclaimer : Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance. This information is for educational purposes only and should not be construed as advice to buy or sell any security.

Stock Price

$10.35

P/E Ratio

-2.55

Volume Traded Today

$50,073

Dividend

Dividends not available for ALMS

52 Week High/low

13.53/9.54

Alumis Inc. Market Cap

$559.8M

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ALMS Summary

The Alumis Inc. (ALMS) share price is expected to increase by 212.37% over the next year. This is based on calculating the average 12-month share price estimate provided by 0 stock analysts who have covered ALMS. Price targets range from $29 at the low end to $36 at the high end. The current analyst consensus for ALMS is a sell. Please note analyst price targets are not guaranteed and could be missed completely.

ALMS Analyst Ratings

Alumis Inc. has a total of 0 Wall St Analyst ratings. There are 0 buy ratings, 0 ratings, and 0 sell ratings. Since most analysts have a sell consensus rating, the expectation is that Alumis Inc. will perform worse than the market. Investors shouldn't rely purely on analyst ratings; we encourage investors to also take a look at the fundamental and technical analysis in their due diligence.

ALMS stock forecast by analyst

These are the latest 20 analyst ratings of ALMS.

Analyst/Firm

Rating

Price Target

Change

Date

Eric Schmidt
Cantor Fitzgerald

Overweight


Reiterates

Aug 19, 2024
Terence Flynn
Morgan Stanley

Overweight

$36

Initiates

Jul 23, 2024
Yatin Suneja
Guggenheim

Buy

$32

Initiates

Jul 23, 2024
Eric Schmidt
Cantor Fitzgerald

Overweight


Initiates

Jul 23, 2024
Thomas Smith
Leerink Partners

Outperform

$29

Initiates

Jul 23, 2024

ALMS Company Information

What They Do: Develops medicines for autoimmune disorders.

Business Model: Alumis Inc. operates as a clinical stage biopharmaceutical company, focusing on the development and commercialization of innovative therapies for autoimmune disorders. The company generates revenue primarily through the advancement of its drug candidates, such as ESK-001 and A-005, which are aimed at treating various autoimmune and neuroinflammatory conditions.

Other Information: Founded in 2021 and headquartered in South San Francisco, Alumis was previously known as Esker Therapeutics, Inc. The company aims to address significant unmet medical needs within the autoimmune disease space, positioning itself for potential partnerships and market opportunities as it progresses through clinical trials.
ALMS
Alumis Inc. (ALMS)

When did it IPO

N/A

Staff Count

128

Country

United States

Sector/Industry

Healthcare/Biotechnology

CEO

Mr. Martin Babler Ph.D.

Market Cap

$559.8M

Alumis Inc. (ALMS) Financial Data

In 2023, ALMS generated $0 in revenue, which was a increase of 0.00% from the previous year. This can be seen as a signal that ALMS's business is growing, and its share price could be worth more in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.

Revenue From 2020

N/A

Revenue From 2021

N/A

0.00 %
From Previous Year

Revenue From 2022

$0

0.00 %
From Previous Year

Revenue From 2023

$0

0.00 %
From Previous Year
  • Revenue TTM $0
  • Operating Margin TTM 0.0%
  • Gross profit TTM $0
  • Return on assets TTM -173.0%
  • Return on equity TTM 45.7%
  • Profit Margin 0.0%
  • Book Value Per Share -8.07%
  • Market capitalisation $559.8M
  • Revenue for 2021 N/A
  • Revenue for 2022 $0
  • Revenue for 2023 $0
  • EPS this year (TTM) $-3.48

Alumis Inc. (ALMS) Latest News

News Image

Fri, 04 Oct 2024

Sentiment - POSITIVE

Source - Seeking Alpha

Summary - Alumis is in advanced testing for a drug with potential for multiple indications. Shares are currently 30% below the IPO price, backed by major healthcare hedge funds.

Why It Matters - Alumis's advanced drug testing and prominent hedge fund backing signal potential for significant growth, especially at a discounted price, attracting interest from investors seeking high returns.

News Image

Fri, 27 Sep 2024

Sentiment - NEUTRAL

Source - GlobeNewsWire

Summary - Alumis Inc. reported positive 28-week data for ESK-001, with good tolerance and efficacy in treating moderate-to-severe plaque psoriasis. Full 52-week data expected in 1H 2025; Phase 3 trials ongoing.

Why It Matters - Positive data for ESK-001 suggests strong efficacy and tolerability, enhancing Alumis Inc.'s prospects in the psoriasis market, potentially driving stock value and investor interest.

News Image

Mon, 16 Sep 2024

Sentiment - POSITIVE

Source - Seeking Alpha

Summary - Alumis's ESK-001, a phase 3 TYK2 inhibitor for psoriasis and SLE, shows better efficacy and safety than current treatments. However, risks remain due to market competition and recent IPO status.

Why It Matters - Alumis' ESK-001 shows promising efficacy and safety, potentially disrupting the TYK2 inhibitor market. However, competition and its recent IPO status introduce significant investment risks.

News Image

Tue, 03 Sep 2024

Sentiment - NEUTRAL

Source - GlobeNewsWire

Summary - Alumis Inc. (Nasdaq: ALMS) will participate in several investor conferences in September 2024, including Morgan Stanley, Wells Fargo, and Baird, focusing on its developments in oral therapies for immune-mediated diseases.

Why It Matters - Alumis Inc.'s participation in major investor conferences highlights its engagement with the investment community, signaling potential growth and interest in its innovative therapies for immune-mediated diseases.

News Image

Tue, 13 Aug 2024

Sentiment - NEUTRAL

Source - GlobeNewsWire

Summary - Alumis Inc. has initiated patient dosing in a Phase 3 trial for ESK-001 and a Phase 1 trial for A-005, and completed an IPO raising $250M. Financial results for Q2 2024 were also reported.

Why It Matters - Alumis Inc.'s advancements in clinical trials and successful fundraising enhance its growth potential, signaling strong investor confidence and opportunities in the biopharmaceutical sector.

News Image

Mon, 29 Jul 2024

Sentiment - NEUTRAL

Source - GlobeNewsWire

Summary - Alumis Inc. has begun patient dosing in its ONWARD Phase 3 clinical program, with topline data expected in 2026 to support a U.S. regulatory submission based on positive Phase 2 results.

Why It Matters - Alumis Inc.'s Phase 3 trial initiation and positive Phase 2 results boost investor confidence in potential FDA approval, impacting stock performance and future revenue projections.

...

ALMS Frequently asked questions

The highest forecasted price for ALMS is $36 from Terence Flynn at Morgan Stanley.

The lowest forecasted price for ALMS is $29 from Thomas Smith from Leerink Partners

The ALMS analyst ratings consensus are 0 buy ratings, 0 hold ratings, and 0 sell ratings.