Alumis Inc (ALMS): Why Is Stock So Good?

In the last trading session, 1.9 million Alumis Inc (NASDAQ:ALMS) shares changed hands as the company’s beta touched 0. With the company’s per share price at $4.88 changed hands at -$1.07 or -17.98% during last session, the market valuation stood at $265.50M. ALMS’s last price was a discount, traded about -177.25% off its 52-week high of $13.53. The share price had its 52-week low at $3.18, which suggests the last value was 34.84% up since then.

Analysts gave the Alumis Inc (ALMS) stock a consensus recommendation rating of Buy, calculated at a mean rating of 1.20. If we narrow down to specifics, the data shows that 0 out of 3 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 0 recommended ALMS as a Hold, 3 felt it is a Buy and 0 rated the stock as Underweight. Alumis Inc’s EPS for the current quarter is expected to be -0.91.

Alumis Inc (NASDAQ:ALMS) trade information

Instantly ALMS was in red as seen at the end of in last trading. With action 9.42%, the performance over the past five days has been green. The company’s shares are showing year-to-date downside of -37.91%, with the 5-day performance at 9.42% in the green. However, in the 30-day time frame, Alumis Inc (NASDAQ:ALMS) is 3.83% up.

The consensus price target for the stock as assigned by Wall Street analysts is 25, meaning bulls need an upside of 80.48% from its current market value. According to analyst projections, ALMS’s forecast low is 13 with 30 as the target high. To hit the forecast high, the stock’s price needs a -514.75% plunge from its current level, while the stock would need to soar -166.39% for it to hit the projected low.

Consensus estimates given by 5 financial analysts project the company’s revenue in the current quarter to hit an average of 1.8M. 5 analysts are of the opinion that Alumis Inc’s revenue for the current quarter will be 2.8M. According to analysts, the company will likely register a growth in its current quarter sales, forecast at 0.00%. The estimates for the next quarter sales put growth at 0.00%.

The 2025 estimates are for Alumis Inc earnings to increase by 60.64%, but the outlook for the next 5-year period is at 24.94% per year.

ALMS Dividends

Alumis Inc is expected to release its next quarterly earnings report in June.

FORESITE CAPITAL MANAGEMENT V, LLC holds the second largest percentage of outstanding shares, with 10.2657% or 5.58 million shares worth $74.28 million as of 2024-06-30.

Among Mutual Funds, the top two as of Dec 31, 2024 were VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund and iShares Trust-iShares Russell 2000 ETF . With 516.68 shares estimated at $2.52 million under it, the former controlled 1.09% of total outstanding shares. On the other hand, iShares Trust-iShares Russell 2000 ETF held about 1.08% of the shares, roughly 511.13 shares worth around $2.49 million.