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NASDAQ:ALXO

ALX Oncology (ALXO) Stock Price, News & Analysis

ALX Oncology logo
$2.01 -0.02 (-0.99%)
As of 09/4/2026 04:00 PM Eastern

About ALX Oncology Stock (NASDAQ:ALXO)

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Key Stats

Today's Range
$1.99
$2.03
50-Day Range
$1.92
$2.36
52-Week Range
$1.01
$2.66
Volume
301,113 shs
Average Volume
1.15 million shs
Market Capitalization
$277.94 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$4.60
Consensus Rating
Moderate Buy

Company Overview

ALX Oncology, Inc. is a clinical-stage biopharmaceutical company headquartered in Redwood City, California, focused on developing next-generation immuno-oncology therapies. The company’s mission is to harness and amplify both innate and adaptive immune responses to improve outcomes for patients with a range of solid tumors and hematologic malignancies.

The lead candidate in ALX Oncology’s pipeline is evorpacept (ALX148), a high-affinity CD47-blocking Fc-silenced fusion protein designed to enhance macrophage-mediated phagocytosis of cancer cells when combined with standard therapeutic antibodies or immune checkpoint inhibitors. Evorpacept is being evaluated in multiple Phase 2 clinical trials, both as monotherapy and in combination regimens, across cancers such as head and neck, gastric, and non-small cell lung cancer.

In addition to evorpacept, ALX Oncology is advancing NX-1607, an oral small-molecule inhibitor of CBL-B, a key intracellular checkpoint that regulates T-cell and natural killer cell activation. By targeting CBL-B, NX-1607 aims to lower the activation threshold of effector immune cells, potentially broadening the scope of patients who may respond to immunotherapy. NX-1607 is currently in Phase 1 studies, being tested alone and in combination with checkpoint inhibitors.

ALX Oncology conducts its clinical studies in the United States and collaborates internationally to enroll patients across multiple sites. The company was founded to address unmet needs in cancer treatment by strategically combining innate and adaptive immune modulators. Its leadership team brings experience in drug development, clinical operations, and regulatory affairs from prior roles at leading biopharmaceutical companies.

AI Generated. May Contain Errors.

ALX Oncology Stock Analysis - MarketRank™

See Top-Rated MarketRank™ Stocks
48th Percentile Overall Score

ALXO MarketRank™: 

ALX Oncology scored higher than 48% of companies evaluated by MarketBeat, and ranked 515th out of 911 stocks in the healthcare sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    ALX Oncology has received a consensus rating of Moderate Buy. The company's average rating score is 2.67, and is based on no strong buy ratings, 5 buy ratings, no hold ratings, and 1 sell rating.

  • Upside Potential

    ALX Oncology has a consensus price target of $4.60, representing about 128.9% upside from its current price of $2.01.

  • Amount of Analyst Coverage

    ALX Oncology has only been the subject of 1 research reports in the past 90 days.

  • Read more about ALX Oncology's stock forecast and price target.
  • Earnings Growth

    Earnings for ALX Oncology are expected to decrease in the coming year, from ($0.60) to ($0.61) per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of ALX Oncology is -1.78, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of ALX Oncology is -1.78, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

  • Price to Book Value per Share Ratio

    ALX Oncology has a P/B Ratio of 2.05. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

  • Read more about ALX Oncology's valuation and earnings.
  • Percentage of Shares Shorted

    6.28% of the float of ALX Oncology has been sold short.
  • Short Interest Ratio / Days to Cover

    ALX Oncology has a short interest ratio ("days to cover") of 4.84.
  • Change versus previous month

    Short interest in ALX Oncology has recently decreased by 1.37%, indicating that investor sentiment is improving.
  • Dividend Yield

    ALX Oncology does not currently pay a dividend.

  • Dividend Growth

    ALX Oncology does not have a long track record of dividend growth.

  • News Sentiment

    ALX Oncology has a news sentiment score of 1.13. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.77 average news sentiment score of Healthcare companies.
  • News Coverage This Week

    MarketBeat has tracked 2 news articles for ALX Oncology this week, compared to 3 articles on an average week.
  • MarketBeat Follows

    3 people have added ALX Oncology to their MarketBeat watchlist in the last 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, ALX Oncology insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $8,274.00 in company stock.

  • Percentage Held by Insiders

    12.40% of the stock of ALX Oncology is held by insiders. A high percentage of insider ownership can be a sign of company health.

  • Percentage Held by Institutions

    97.97% of the stock of ALX Oncology is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about ALX Oncology's insider trading history.
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ALXO Stock News Headlines

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ALXO Stock Analysis - Frequently Asked Questions

ALX Oncology's stock was trading at $1.13 at the start of the year. Since then, ALXO shares have increased by 77.9% and is now trading at $2.01.

ALX Oncology Holdings Inc. (NASDAQ:ALXO) announced its quarterly earnings data on Thursday, August, 6th. The company reported ($0.13) earnings per share for the quarter, topping the consensus estimate of ($0.14) by $0.01.

ALX Oncology (ALXO) raised $136 million in an IPO on Friday, July 17th 2020. The company issued 8,500,000 shares at a price of $15.00-$17.00 per share. Jefferies, Credit Suisse, Piper Sandler and Cantor acted as the underwriters for the IPO and LifeSci Capital was co-manager.

ALX Oncology's top institutional shareholders include venBio Partners LLC (9.32%), BlackRock Inc. (5.50%), 5AM Venture Management LLC (2.21%) and Almitas Capital LLC (2.12%). Insiders that own company stock include Corey S Goodman, Jaume Pons, Sophia Randolph, Jason Lettmann, Peter S Garcia, Shelly Wong, Shelly Pinto and Rekha Hemrajani.
View institutional ownership trends
.

Shares of ALXO 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.

Based on aggregate information from My MarketBeat watchlists, some other companies that ALX Oncology investors own include NVIDIA (NVDA), Meta Platforms (META), Advanced Micro Devices (AMD), Netflix (NFLX), Tesla (TSLA), Broadcom (AVGO) and Palo Alto Networks (PANW).

Company Calendar

Last Earnings
8/06/2026
Today
9/05/2026
Wells Fargo 21st Annual Healthcare Conference
9/09/2026
12th Annual Cantor Fitzgerald Global Healthcare Conference
9/10/2026
H.C. Wainwright 28th Annual Global Investment Conference
9/14/2026
Next Earnings (Estimated)
11/06/2026
Fiscal Year End
12/31/2026

Industry, Sector and Symbol

Stock Exchange
NASDAQ
Industry
Biotechnology
Sub-Industry
Biotechnology
Current Symbol
NASDAQ:ALXO
CIK
1810182
Fax
N/A
Employees
40
Year Founded
2015

Price Target and Rating

High Price Target
$6.00
Low Price Target
$4.00
Potential Upside/Downside
+128.9%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.67
Research Coverage
6 Analysts

Profitability

EPS (Trailing Twelve Months)
($1.13)
Trailing P/E Ratio
N/A
Forward P/E Ratio
N/A
P/E Growth
N/A
Net Income
-$101.69 million
Net Margins
N/A
Pretax Margin
N/A
Return on Equity
-90.30%
Return on Assets
-67.28%

Debt

Debt-to-Equity Ratio
0.07
Current Ratio
9.71
Quick Ratio
9.71

Sales & Book Value

Annual Sales
N/A
Price / Sales
N/A
Cash Flow
N/A
Price / Cash Flow
N/A
Book Value
$0.98 per share
Price / Book
2.05

Miscellaneous

Outstanding Shares
138,280,000
Free Float
121,131,000
Market Cap
$277.94 million
Optionable
Optionable
Beta
0.39

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This page (NASDAQ:ALXO) was last updated on 9/6/2026 by MarketBeat.com Staff.
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