NYSE:ALVO

Alvotech (ALVO) Stock Price, News & Analysis

$14.55
+0.07 (+0.48%)
(As of 01:02 PM ET)
Today's Range
$14.44
$14.57
50-Day Range
$11.40
$17.27
52-Week Range
$6.70
$18.00
Volume
137,267 shs
Average Volume
292,132 shs
Market Capitalization
N/A
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$12.67

Alvotech MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.50 Rating Score
Upside/​Downside
12.8% Downside
$12.67 Price Target
Short Interest
N/A
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.24mentions of Alvotech in the last 14 days
Based on 6 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
Growing
From ($0.79) to ($0.23) Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

0.08 out of 5 stars

ALVO stock logo

About Alvotech Stock (NYSE:ALVO)

Alvotech, through its subsidiaries, develops and manufactures biosimilar medicines for patients worldwide. It offers biosimilar products in the therapeutic areas of autoimmune, eye, and bone disorders, as well as cancer. The company's lead program is AVT02, a high concentration formulation biosimilar to Humira to treat various inflammatory conditions, including rheumatoid arthritis, psoriatic arthritis, Crohn's disease, ulcerative colitis, plaque psoriasis, and other indications; AVT04, a biosimilar to Stelara to treat various inflammatory conditions comprising psoriatic arthritis, Crohn's disease, ulcerative colitis, plaque psoriasis, and other indications; AVT06, a biosimilar to Eylea to treat various conditions, such as age-related macular degeneration, macular edema, and diabetic retinopathy; and AVT03, a biosimilar to Xgeva and Prolia, which is in the pre-clinical phase to treat prevent bone fracture, spinal cord compression, and the need for radiation or bone surgery in patients with certain types of cancer, as well as prevent bone loss and increase bone mass. In addition, it offers AVT05, a biosimilar to Simponi and Simponi Aria, which is in early phase development to treat various inflammatory conditions, including rheumatoid arthritis, psoriatic arthritis, ulcerative colitis, and other indications; AVT16, a biosimilar to an Entyvio product; AVT23, a biosimilar to Xolair, which is in late-stage development to treat nasal polyps; and AVT33, a biosimilar to an Keytruda product. Alvotech was founded in 2013 and is based in Luxembourg, Luxembourg.

ALVO Stock Price History

ALVO Stock News Headlines

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Alvotech (ALVO)
Have You Seen Elon’s New A.I. Device? (Picture Inside)
A strange new era for mankind is upon us... And it's all thanks to Elon Musk's latest creation. Click here to see this strange device you could be wearing some day. Elon believes A.I. is advancing so fast...
Alvotech expands US reach with biosimilar to Humira
Alvotech (ALVO) Q4 2023 Earnings Call Transcript
Alvotech Announces Increase in Number of Own Shares
Alvotech Announces Increase in Number of Own Shares
Q4 2023 Alvotech SA Earnings Call
See More Headlines
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Company Calendar

Last Earnings
3/20/2024
Today
5/02/2024
Next Earnings (Estimated)
5/17/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Medical
Industry
Biological products, except diagnostic
Sub-Industry
N/A
Fax
N/A
Employees
1,026
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$12.67
High Stock Price Target
$20.00
Low Stock Price Target
$8.00
Potential Upside/Downside
-12.5%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.50
Research Coverage
2 Analysts

Profitability

Net Income
$-551,730,000.00
Net Margins
-967.97%
Pretax Margin
-712.04%

Debt

Sales & Book Value

Annual Sales
$93.38 million

Miscellaneous

Free Float
N/A
Optionable
Not Optionable
Beta
0.07
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Key Executives

  • Mr. Faysal Kalmoua (Age 48)
    COO & Director
  • Mr. Robert Wessman (Age 54)
    CEO, Founder & Executive Chairman
    Comp: $740k
  • Mr. Joel Morales (Age 46)
    Chief Financial Officer
  • Mr. Giedrius Zunda
    Chief Technical Officer
  • Mr. Joseph E. McClellan (Age 50)
    Chief Scientific Officer
  • Ms. Tanya Zharov (Age 57)
    General Counsel
  • Mr. Anil Okay (Age 38)
    Chief Commercial Officer
  • Mr. Ming Li (Age 47)
    Chief Strategy Officer
  • Ms. Christina Siniscalchi
    Chief Quality Officer

ALVO Stock Analysis - Frequently Asked Questions

Should I buy or sell Alvotech stock right now?

2 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Alvotech in the last year. There are currently 1 hold rating and 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" ALVO shares.
View ALVO analyst ratings
or view top-rated stocks.

What is Alvotech's stock price target for 2024?

2 Wall Street research analysts have issued twelve-month price objectives for Alvotech's shares. Their ALVO share price targets range from $8.00 to $20.00. On average, they anticipate the company's stock price to reach $12.67 in the next year. This suggests that the stock has a possible downside of 12.8%.
View analysts price targets for ALVO
or view top-rated stocks among Wall Street analysts.

How have ALVO shares performed in 2024?

Alvotech's stock was trading at $11.48 at the start of the year. Since then, ALVO shares have increased by 26.5% and is now trading at $14.52.
View the best growth stocks for 2024 here
.

When is Alvotech's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Friday, May 17th 2024.
View our ALVO earnings forecast
.

How were Alvotech's earnings last quarter?

Alvotech (NYSE:ALVO) posted its earnings results on Wednesday, March, 20th. The company reported ($1.22) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.15 by $1.37. The company earned $18.90 million during the quarter, compared to analysts' expectations of $93 million.

How do I buy shares of Alvotech?

Shares of ALVO stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:ALVO) was last updated on 5/2/2024 by MarketBeat.com Staff

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