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Alignment Healthcare (ALHC) Stock Forecast & Price Target

$8.87
+0.06 (+0.68%)
(As of 07/12/2024 ET)

Alignment Healthcare - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Consensus Price Target

$9.11
2.72% Upside
High Forecast$12.00
Average Forecast$9.11
Low Forecast$4.50
TypeCurrent Forecast
7/14/23 to 7/13/24
1 Month Ago
6/14/23 to 6/13/24
3 Months Ago
4/15/23 to 4/14/24
1 Year Ago
7/14/22 to 7/14/23
Consensus Rating
Moderate Buy
Moderate Buy
Moderate Buy
Moderate Buy
Strong Buy
2 Strong Buy rating(s)
2 Strong Buy rating(s)
1 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
6 Buy rating(s)
6 Buy rating(s)
4 Buy rating(s)
7 Buy rating(s)
Hold
2 Hold rating(s)
2 Hold rating(s)
4 Hold rating(s)
2 Hold rating(s)
Sell
1 Sell rating(s)
1 Sell rating(s)
1 Sell rating(s)
0 Sell rating(s)
Consensus Price Target$9.11$9.20$9.61$13.36
Forecasted Upside2.72% Upside42.41% Upside45.92% Upside41.47% Upside
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ALHC Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
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ALHC Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
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Alignment Healthcare Stock vs. The Competition

TypeAlignment HealthcareMedical CompaniesS&P 500
Consensus Rating Score
2.82
2.71
2.50
Consensus RatingModerate BuyModerate BuyModerate Buy
Predicted Upside2.72% Upside992.48% Upside9.38% Upside
News Sentiment RatingPositive News
Positive News
Positive News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
5/30/2024Baird R W
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M. Ha
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UpgradeStrong-Buy
5/30/2024Robert W. Baird
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 Initiated CoverageOutperform$10.00+43.27%
5/30/2024Bank of America
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 UpgradeNeutral ➝ Buy$7.75 ➝ $11.00+57.59%
5/8/2024Piper Sandler
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J. Tassan
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UpgradeNeutral ➝ Overweight$6.00 ➝ $8.00+16.45%
5/3/2024Stephens
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 Boost TargetEqual Weight ➝ Equal Weight$6.00 ➝ $7.00+5.42%
4/23/2024Stifel Nicolaus
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 Lower TargetBuy ➝ Buy$11.00 ➝ $9.00+76.13%
3/6/2024William Blair
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 Reiterated RatingOutperform
3/6/2024Barclays
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 Initiated CoverageUnderweight$4.50-17.73%
2/28/2024UBS Group
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 Lower TargetNeutral ➝ Neutral$9.00 ➝ $8.50+53.71%
1/9/2024Raymond James
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 Boost TargetStrong-Buy ➝ Strong-Buy$10.00 ➝ $12.00+33.33%
8/30/2023Morgan Stanley
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 Lower TargetOverweight ➝ Overweight$19.00 ➝ $12.00+99.67%
7/7/2023JPMorgan Chase & Co.
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 Lower Target$12.00 ➝ $10.00+79.86%
5/5/2023SVB Securities
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 Lower Target$24.00 ➝ $12.00+75.18%
4/19/2023The Goldman Sachs Group
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 Lower TargetBuy$14.00 ➝ $12.00+128.14%
3/2/2023TD Cowen
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 Lower TargetOutperform$17.00 ➝ $10.00+25.00%
8/22/2022Cowen
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 Boost TargetOutperform$12.00 ➝ $17.00+15.49%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Saturday at 02:17 AM ET.

ALHC Forecast - Frequently Asked Questions

What is Alignment Healthcare's forecast for 2024?

According to the research reports of 11 Wall Street equities research analysts, the average twelve-month stock price forecast for Alignment Healthcare is $9.11, with a high forecast of $12.00 and a low forecast of $4.50.

Should I buy or sell Alignment Healthcare stock right now?

11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Alignment Healthcare in the last year. There is currently 1 sell rating, 2 hold ratings, 6 buy ratings and 2 strong buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" ALHC shares.

Does Alignment Healthcare's stock price have much upside?

According to analysts, Alignment Healthcare's stock has a predicted upside of 39.96% based on their 12-month stock forecasts.

Has Alignment Healthcare been upgraded by Wall Street analysts recently?

Over the previous 90 days, Alignment Healthcare's stock had 3 upgrades by analysts.

What analysts cover Alignment Healthcare?

Alignment Healthcare has been rated by research analysts at Baird R W, Bank of America, Piper Sandler, Robert W. Baird, Stephens, and Stifel Nicolaus in the past 90 days.

Do Wall Street analysts like Alignment Healthcare more than its competitors?

Analysts like Alignment Healthcare more than other "medical" companies. The consensus rating score for Alignment Healthcare is 2.82 while the average consensus rating score for "medical" companies is 2.71. Learn more on how ALHC compares to other companies.


This page (NASDAQ:ALHC) was last updated on 7/13/2024 by MarketBeat.com Staff

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