Growing Through Challenges? – Alumis Inc (ALMS)

Currently, there are 47.22M common shares owned by the public and among those 25.25M shares have been available to trade.

The company’s stock has a 5-day price change of -10.71% and -53.65% over the past three months. It has a 12-month low price of $3.18 and touched a high of $13.53 over the same period. ALMS has an average intraday trading volume of 207.03K shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by -10.91%, -28.43%, and -57.92% respectively.

Institutional ownership of Alumis Inc (NASDAQ: ALMS) shares accounts for 34.73% of the company’s 47.22M shares outstanding.

It has a market capitalization of $217.63M. The earnings-per-share (ttm) stands at -$5.45. Price movements for the stock have been influenced by the stock’s volatility, which stands at 23.45% over the week and 12.49% over the month.

Analysts forecast that Alumis Inc (ALMS) will achieve an EPS of -1.51 for the current quarter, -0.98 for the next quarter and -3.11 for current fiscal year. The lowest estimate earnings-per-share for the quarter is -1.64 while analysts give the company a high EPS estimate of -1.64. Earnings per share for the fiscal year are expected to increase by 58.62%, and 20.51% over the next financial year.

Looking at the support for the ALMS, a number of firms have released research notes about the stock. Oppenheimer stated their Outperform rating for the stock in a research note on January 30, 2025, with the firm’s price target at $32. Robert W. Baird coverage for the Alumis Inc (ALMS) stock in a research note released on October 31, 2024 offered a Outperform rating with a price target of $25. H.C. Wainwright was of a view on October 17, 2024 that the stock is Buy, while Morgan Stanley gave the stock Overweight rating on July 23, 2024, issuing a price target of $36. Leerink Partners on their part issued Outperform rating on July 23, 2024.

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