Should Alumis Inc (NASDAQ: ALMS) Revive After A -246.04% Drop From Highs?

During the last session, Alumis Inc (NASDAQ:ALMS)’s traded shares were 1.19 million. At the end of the trading day, the stock’s price was $3.91, reflecting an intraday loss of -0.76% or -$0.03. The 52-week high for the ALMS share is $13.53, that puts it down -246.04 from that peak though still a striking 18.67% gain since the share price plummeted to a 52-week low of $3.18. The company’s market capitalization is $402.75M, and the average intraday trading volume over the past 10 days was 1.46 million shares, and the average trade volume was 918.62K shares over the past three months.

Alumis Inc (ALMS) received a consensus recommendation of Buy from analysts. That translates to a mean rating of 1.20. ALMS has a Sell rating from 0 analyst(s) out of 3 analysts who have looked at this stock. 0 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 3 recommend a Buy rating for it. 0 analyst(s) has rated the stock Underweight. Company’s earnings per share (EPS) for the current quarter are expected to be -1.03.

Alumis Inc (NASDAQ:ALMS) trade information

Alumis Inc (ALMS) registered a -0.76% downside in the last session and has traded in the red over the past 5 sessions. The stock plummet -0.76% in intraday trading to $3.91, hitting a weekly high. The stock’s 5-day price performance is -18.20%, and it has moved by -9.70% in 30 days. The short interest in Alumis Inc (NASDAQ:ALMS) is 4.64 million shares and it means that shorts have 10.13 day(s) to cover.

The consensus price target of analysts on Wall Street is $25, which implies an increase of 84.36% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $13 and $30 respectively. As a result, ALMS is trading at a discount of -667.26% off the target high and -232.48% off the low.

As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 1.8M as predicted by 5 analyst(s). Meanwhile, a consensus of 5 analyst(s) estimates revenue growth to 2.8M by the end of current fiscal year.

ALMS Dividends

Alumis Inc is due to release its next quarterly earnings on 2025-May-13. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.

Alumis Inc (NASDAQ:ALMS)’s Major holders

Alumis Inc insiders own 0.63% of total outstanding shares while institutional holders control 53.97%, with the float percentage being 54.31%. AYURMAYA CAPITAL MANAGEMENT COMPANY, LP is the largest shareholder of the company, while 104.0 institutions own stock in it. As of 2024-06-30, the company held over 10.65 million shares (or 19.5686% of all shares), a total value of $141.59 million in shares.

The next largest institutional holding, with 5.58 million shares, is of FORESITE CAPITAL MANAGEMENT V, LLC’s that is approximately 10.2657% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $74.28 million.

Also, the Mutual Funds coming in first place with the largest holdings of Alumis Inc (ALMS) shares are iShares Trust-iShares Russell 2000 ETF and VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund. Data provided on Mar 31, 2025 indicates that iShares Trust-iShares Russell 2000 ETF owns about 514.79 shares. This amounts to just over 1.09 percent of the company’s overall shares, with a $2.01 million market value. The same data shows that the other fund manager holds slightly less at 516.68, or about 1.09% of the stock, which is worth about $2.02 million.

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