Free Trial
NASDAQ:ALVO

Alvotech (ALVO) Stock Price, News & Analysis

Alvotech logo
$13.12 -0.17 (-1.28%)
As of 01/23/2025 04:00 PM Eastern

About Alvotech Stock (NASDAQ:ALVO)

Key Stats

Today's Range
$13.07
$13.40
50-Day Range
$11.28
$13.52
52-Week Range
$9.15
$18.00
Volume
125,555 shs
Average Volume
144,625 shs
Market Capitalization
$3.96 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$18.00
Consensus Rating
Buy

Company Overview

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.

Alvotech Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
41st Percentile Overall Score

ALVO MarketRank™: 

Alvotech scored higher than 41% of companies evaluated by MarketBeat, and ranked 695th out of 934 stocks in the medical sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Alvotech has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.

  • Amount of Analyst Coverage

    Alvotech has received no research coverage in the past 90 days.

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

    Earnings for Alvotech are expected to grow in the coming year, from ($0.30) to $0.04 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Alvotech is -7.09, 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 Alvotech is -7.09, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

  • Percentage of Shares Shorted

    0.40% of the float of Alvotech has been sold short.
  • Short Interest Ratio / Days to Cover

    Alvotech has a short interest ratio ("days to cover") of 3.7, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Alvotech has recently increased by 244.24%, indicating that investor sentiment is decreasing significantly.
  • Dividend Yield

    Alvotech does not currently pay a dividend.

  • Dividend Growth

    Alvotech does not have a long track record of dividend growth.

  • Percentage of Shares Shorted

    0.40% of the float of Alvotech has been sold short.
  • Short Interest Ratio / Days to Cover

    Alvotech has a short interest ratio ("days to cover") of 3.7, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Alvotech has recently increased by 244.24%, indicating that investor sentiment is decreasing significantly.
    Receive ALVO Stock News and Ratings via Email

    Sign-up to receive the latest news and ratings for Alvotech and its competitors with MarketBeat's FREE daily newsletter.

    ALVO Stock News Headlines

    Must-See: 5-Second Trump Prediction
    President Trump's prediction is about to become a reality... Opening a rare window of opportunity for you to accelerate your retirement during the first 100 days of his administration.
    Northland Securities Keeps Their Buy Rating on Alvotech (ALVO)
    See More Headlines

    ALVO Stock Analysis - Frequently Asked Questions

    Alvotech's stock was trading at $13.23 on January 1st, 2025. Since then, ALVO shares have decreased by 0.8% and is now trading at $13.12.
    View the best growth stocks for 2025 here
    .

    Alvotech (NASDAQ:ALVO) issued its quarterly earnings data on Thursday, August, 15th. The company reported $0.28 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of ($0.28) by $0.56. The business earned $198.75 million during the quarter.

    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.

    Based on aggregate information from My MarketBeat watchlists, some other companies that Alvotech investors own include Micron Technology (MU), Arista Networks (ANET), United Microelectronics (UMC), Weatherford International (WFRD), NVIDIA (NVDA), PACCAR (PCAR) and Axcelis Technologies (ACLS).

    Company Calendar

    Last Earnings
    8/15/2024
    Today
    1/24/2025
    Fiscal Year End
    12/31/2025

    Industry, Sector and Symbol

    Sector
    Medical
    Industry
    Biological products, except diagnostic
    Sub-Industry
    Pharmaceutical Products
    Current Symbol
    NASDAQ:ALVO
    Fax
    N/A
    Employees
    1,026
    Year Founded
    N/A

    Price Target and Rating

    Average Stock Price Target
    $18.00
    High Stock Price Target
    $18.00
    Low Stock Price Target
    $18.00
    Potential Upside/Downside
    +37.2%
    Consensus Rating
    Buy
    Rating Score (0-4)
    3.00
    Research Coverage
    1 Analysts

    Profitability

    Net Income
    $-551,730,000.00
    Net Margins
    -123.47%
    Pretax Margin
    N/A

    Debt

    Sales & Book Value

    Annual Sales
    $391.87 million

    Miscellaneous

    Free Float
    300,095,000
    Market Cap
    $3.96 billion
    Optionable
    Not Optionable
    Beta
    -0.19
    A Guide To High-Short-Interest Stocks Cover

    MarketBeat's analysts have just released their top five short plays for February 2025. Learn which stocks have the most short interest and how to trade them. Click the link below to see which companies made the list.

    Get This Free Report

    This page (NASDAQ:ALVO) was last updated on 1/24/2025 by MarketBeat.com Staff
    From Our Partners