Alto Neuroscience, Inc.

Alto Neuroscience, Inc.

ANRO·NYSE

$18.85

+0.75%
HealthcareBiotechnology

Alto Neuroscience, Inc. operates as a clinical-stage biopharmaceutical company that engages in the psychiatry drug development business. The company develops ALTO-100 for the treatment of patients with major depressive disorder (MDD) and post-traumatic stress disorder; ALTO-300, a small molecule melatonergic agonist and serotonergic antagonist with antidepressant properties to treat patients with MDD; and ALTO-101, a novel small molecule phosphodiesterase 4 inhibitor for the treatment of cognitive impairment associated with schizophrenia. It also develops ALTO-203, a novel small-molecule histamine H3 receptor inverse agonist to treat patients with MDD and higher levels of anhedonia, and ALTO-202, an investigational orally bioavailable antagonist of the GluN2B subunit of the NMDA receptor for the treatment of MDD. In addition, the company develops novel pharmacodynamically synergistic combinations and an AI-enabled biomarker platform that combine sources of information on patients brain activity and behavior to identify patients to respond to novel product candidates. Alto Neuroscience, Inc. was incorporated in 2019 and is based in Los Altos, California.

At a Glance

Live Snapshot
Market Cap$661.52M
EPS-2.1900
P/E Ratio-8.61
Earnings Date08/12/2026
anro

Alto Neuroscience, Inc. Street Expectations Map

ANRO · NYSE

Wall Street analysts project that ANRO stock may rise significantly over the coming 12 months. The consensus 1-year price target stands at 34.60, with estimates ranging from a low of 24.00 to a high of 50.00.

Lowest Target
24.00
27.32%
Consensus Target
34.60
83.55%
Highest Target
50.00
165.25%

The consensus 1-year price target stands at 34.60, with estimates ranging from a low of 24.00 to a high of 50.00.

Analyst Consensus Analysis

Upside Potential

+83.5%

Substantial upside potential. Analysts see significant value gap, suggesting the stock may be materially undervalued at current levels.

Analyst Agreement

75.1% spread

High uncertainty. Very wide target spread indicates significant disagreement among analysts—major valuation uncertainty or transformation underway.

Analyst Conviction

Low

High uncertainty: Wide dispersion indicates analysts struggle to agree on valuation—proceed with caution and independent analysis.

Market Sentiment Insight

High risk, high reward: Substantial upside potential exists, but wide analyst disagreement signals execution risk or unclear catalysts. Thorough due diligence essential before committing capital.

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Alto Neuroscience, Inc. Forward Estimates of Revenue

ANRO · NYSE
Latest Revenue
0.00
FY 2025
Avg Estimate
0.00
FY 2026
Estimate Range
0.00 - 0.00
Analyst Spread

Forward Growth Analysis

OutlookCautious

Analyst skepticism evident—carefully evaluate risks before investment decisions.

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Alto Neuroscience, Inc. Forward Estimates of Net Income

ANRO · NYSE
Latest Net Income
-63.24M
FY 2025
Avg Estimate
-82.77M
FY 2026
Estimate Range
-84.67M - -42.34M
Analyst Spread

Forward Growth Analysis

Projected Growth-30.9%

Significant contraction projected—major business challenges or industry disruption likely.

Estimate Spread51%

Wide estimate range reveals significant forecast uncertainty and potential volatility.

OutlookCautious

Analyst skepticism evident—carefully evaluate risks before investment decisions.

Key Insight

Declining estimates with wide disagreement: Analysts projecting contraction without consensus signals significant business uncertainty—exercise caution.

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Alto Neuroscience, Inc. Forward Estimates of EPS

ANRO · NYSE
Latest EPS
-2.19
FY 2025
Avg Estimate
$-2.30
FY 2026
Estimate Range
$-3.44 - $-1.72
Analyst Spread

Forward Growth Analysis

Projected Growth-4.9%

Declining expectations indicate headwinds—investigate whether temporary or structural issues.

Analyst Coverage6 Analysts

Moderate coverage—sufficient for guidance but may lack depth of large-cap analysis.

Estimate Spread75%

Wide estimate range reveals significant forecast uncertainty and potential volatility.

OutlookCautious

Analyst skepticism evident—carefully evaluate risks before investment decisions.

Key Insight

Declining estimates with wide disagreement: Analysts projecting contraction without consensus signals significant business uncertainty—exercise caution.

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Alto Neuroscience, Inc. Forward Estimates of EBIT

ANRO · NYSE
Latest EBIT
-66.36M
FY 2025
Avg Estimate
0.00
FY 2026
Estimate Range
0.00 - 0.00
Analyst Spread

Forward Growth Analysis

Projected Growth+100.0%

Strong growth expectations signal robust business momentum and market opportunity expansion.

OutlookNeutral

Mixed signals—some positive indicators offset by concerns about growth or uncertainty.

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Alto Neuroscience, Inc. Forward Estimates of EBITDA

ANRO · NYSE
Latest EBITDA
-65.70M
FY 2025
Avg Estimate
0.00
FY 2026
Estimate Range
0.00 - 0.00
Analyst Spread

Forward Growth Analysis

Projected Growth+100.0%

Strong growth expectations signal robust business momentum and market opportunity expansion.

OutlookNeutral

Mixed signals—some positive indicators offset by concerns about growth or uncertainty.

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Alto Neuroscience, Inc. Forward Estimates of SG&A Expense

ANRO · NYSE
Latest SG&A Expense
20.75M
FY 2025
Avg Estimate
0.00
FY 2026
Estimate Range
0.00 - 0.00
Analyst Spread

Forward Growth Analysis

Projected Growth-100.0%

Significant contraction projected—major business challenges or industry disruption likely.

OutlookCautious

Analyst skepticism evident—carefully evaluate risks before investment decisions.

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Alto Neuroscience, Inc. Insider Positioning

ANRO · NYSE

During the last 12 months, insiders have sold $2.68M worth of ANRO shares, with no buying activity reported.

3 Months

Bought

0

0.00

Sold

0

0.00

Net Activity

+0

+$0

3-6 Months

Bought

0

0.00

Sold

0

0.00

Net Activity

+0

+$0

6-9 Months

Bought

0

0.00

Sold

0

0.00

Net Activity

+0

+$0

9-12 Months

Bought

0

0.00

Sold

431.0K

2.68M

Net Activity

-2.7M

-$2.68M

Top Buyers

No buying activity

Top Sellers

1
SA

Savitz Adam

Officer: Chief Medical Officer

73.0K shares1 transactions

$1.09M

2
EA

Etkin Amit

Director, Officer: President And Ceo

215.0K shares1 transactions

$903K

3
SNC

Smith Nicholas Conrad

Officer: Chief Financial Officer & Cbo

135.0K shares1 transactions

$567K

4
HJMC

Hanley Jr. Michael Conick

Officer: Chief Operating Officer

8.0K shares1 transactions

$119K

Insider Activity Analysis

Net Insider Sentiment

Bearish

Strong bearish signal with $2.68M net selling. Heavy insider selling may indicate concerns about valuation or near-term prospects.

Buy/Sell Ratio

0.00:1

Very poor ratio. Heavy selling with minimal buying suggests insiders may be concerned about valuation or outlook.

Insider Participation

High Selling

4 insider sellers vs. 0 buyers. Widespread selling across multiple insiders may signal concerns.