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Healthcare - Biotechnology - NASDAQ - US
$ 1.01
-0.98 %
$ 100 M
Market Cap
-0.82
P/E
1. INTRINSIC VALUE

This DCF valuation model was last updated on Apr, 8, 2025.

The intrinsic value of one ALEC stock under the worst case scenario is HIDDEN Compared to the current market price of 1.01 USD, Alector, Inc. is HIDDEN

This DCF valuation model was last updated on Apr, 8, 2025.

The intrinsic value of one ALEC stock under the base case scenario is HIDDEN Compared to the current market price of 1.01 USD, Alector, Inc. is HIDDEN

This DCF valuation model was last updated on Apr, 8, 2025.

The intrinsic value of one ALEC stock under the best case scenario is HIDDEN Compared to the current market price of 1.01 USD, Alector, Inc. is HIDDEN

2. FUNDAMENTAL ANALYSIS

Price Chart ALEC

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$7.0$7.0$6.0$6.0$5.0$5.0$4.0$4.0$3.0$3.0$2.0$2.0$1.0$1.015 Oct15 OctNov '24Nov '2415 Nov15 NovDec '24Dec '2415 Dec15 DecJan '25Jan '2515 Jan15 JanFeb '25Feb '2515 Feb15 FebMar '25Mar '2515 Mar15 MarApr '25Apr '25
FINANCIALS
101 M REVENUE
3.60%
-145 M OPERATING INCOME
4.44%
-119 M NET INCOME
8.70%
-230 M OPERATING CASH FLOW
-24.84%
107 M INVESTING CASH FLOW
5.11%
81.5 M FINANCING CASH FLOW
3097.65%
54.2 M REVENUE
253.54%
-7.25 M OPERATING INCOME
85.03%
-2.07 M NET INCOME
95.09%
-55 M OPERATING CASH FLOW
-8.46%
41.4 M INVESTING CASH FLOW
2.61%
9.79 M FINANCING CASH FLOW
0.00%
Balance Sheet Alector, Inc.
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Current Assets 425 M
Cash & Short-Term Investments 413 M
Receivables 0
Other Current Assets 11.4 M
Non-Current Assets 43.5 M
Long-Term Investments 0
PP&E 37.1 M
Other Non-Current Assets 6.39 M
88.28 %7.92 %Total Assets$468.3m
Current Liabilities 125 M
Accounts Payable 2.22 M
Short-Term Debt 8.75 M
Other Current Liabilities 114 M
Non-Current Liabilities 216 M
Long-Term Debt 33.8 M
Other Non-Current Liabilities 183 M
33.41 %9.89 %53.49 %Total Liabilities$341.5m
EFFICIENCY
Earnings Waterfall Alector, Inc.
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Revenue 101 M
Cost Of Revenue 0
Gross Profit 101 M
Operating Expenses 246 M
Operating Income -145 M
Other Expenses -25.9 M
Net Income -119 M
150m150m100m100m50m50m00(50m)(50m)(100m)(100m)(150m)(150m)101m0101m(246m)(145m)26m(119m)RevenueRevenueCost Of RevenueCost Of RevenueGross ProfitGross ProfitOperating ExpensesOperating ExpensesOperating IncomeOperating IncomeOther ExpensesOther ExpensesNet IncomeNet Income
RATIOS
100.00% GROSS MARGIN
100.00%
-144.19% OPERATING MARGIN
-144.19%
-118.39% NET MARGIN
-118.39%
-93.89% ROE
-93.89%
-25.42% ROA
-25.42%
-41.24% ROIC
-41.24%
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis Alector, Inc.
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300m300m200m200m100m100m00(100m)(100m)(200m)(200m)(300m)(300m)201720172018201820192019202020202021202120222022202320232024202420252025
Net Income -119 M
Depreciation & Amortization -8.97 M
Capital Expenditures -1.26 M
Stock-Based Compensation 39.5 M
Change in Working Capital -147 M
Others -140 M
Free Cash Flow -231 M
3. WALL STREET ANALYSTS ESTIMATES
Wall Street Analysts Price Targets Alector, Inc.
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Wall Street analysts predict an average 1-year price target for ALEC of $4 , with forecasts ranging from a low of $4 to a high of $4 .
ALEC Lowest Price Target Wall Street Target
4 USD 296.04%
ALEC Average Price Target Wall Street Target
4 USD 296.04%
ALEC Highest Price Target Wall Street Target
4 USD 296.04%
Price
Max Price Target
Min Price Target
Average Price Target
77665544332211May '24May '24Jul '24Jul '24Aug '24Aug '24Oct '24Oct '24Nov '24Nov '2420252025Feb '25Feb '25Apr '25Apr '25Jun '25Jun '25Jul '25Jul '25Aug '25Aug '25Oct '25Oct '25Nov '25Nov '2520262026Feb '26Feb '26Apr '26Apr '26
4. DIVIDEND ANALYSIS
5. COMPETITION
slide 2 of 7
6. Ownership
Insider Ownership Alector, Inc.
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Sold
0-3 MONTHS
152 K USD 4
3-6 MONTHS
277 K USD 4
6-9 MONTHS
581 K USD 7
9-12 MONTHS
256 K USD 4
Bought
0 USD 0
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
7. News
Alector Provides Executive Leadership Update --Giacomo Salvadore, M.D., appointed Chief Medical Officer-- --Gary Romano, M.D., Ph.D., to transition from Chief Medical Officer role-- globenewswire.com - 3 weeks ago
Alector, Inc. (ALEC) Q4 2024 Earnings Call Transcript Alector, Inc. (NASDAQ:ALEC ) Q4 2024 Earnings Conference Call February 26, 2025 4:30 PM ET Company Participants Katie Hogan - Senior Director-Corporate Communications and Investor Relations Arnon Rosenthal - Co-Founder and Chief Executive Officer Gary Romano - Chief Medical Officer Sara Kenkare-Mitra - President and Head, Research and Development Marc Grasso - Chief Financial Officer Conference Call Participants Pete Stavropoulos - Cantor Fitzgerald Alec Stranahan - Bank of America Securities Thomas Shrader - BTIG Yaron Werber - TD Cowen Sarah Schram - William Blair Sam Lee - Mizuho Securities Operator Good afternoon, ladies and gentlemen, and welcome to Alector Fourth Quarter and Full Year 2024 Earnings Conference Call. At this time, all participants are in a listen-only mode. seekingalpha.com - 1 month ago
Alector (ALEC) Reports Q4 Loss, Tops Revenue Estimates Alector (ALEC) came out with a quarterly loss of $0.02 per share versus the Zacks Consensus Estimate of a loss of $0.64. This compares to loss of $0.49 per share a year ago. zacks.com - 1 month ago
Alector Reports Fourth Quarter and Full Year 2024 Financial Results and Provides Business Update Topline data from the pivotal INFRONT-3 Phase 3 clinical trial of latozinemab in FTD-GRN expected by Q4 2025 Anticipate completing enrollment in the PROGRESS-AD Phase 2 clinical trial of AL101/GSK 4527226 in participants with early Alzheimer's disease by mid-2025 Applying Alector Brain Carrier to advance therapeutic candidates , including those targeting amyloid beta and replacing GCase $413.4 million in cash, cash equivalents and investments provide runway through 2026 Management to host conference call and webcast today at 4:30 p.m. ET/1:30 p.m. globenewswire.com - 1 month ago
Alector to Participate in Upcoming Healthcare Conferences SOUTH SAN FRANCISCO, Calif., Feb. 25, 2025 (GLOBE NEWSWIRE) -- Alector, Inc. (Nasdaq: ALEC), a late-stage clinical biotechnology company focused on developing therapies to counteract the devastating progression of neurodegeneration, today announced that management will participate in the following upcoming investor conferences: globenewswire.com - 1 month ago
Alector to Host Fourth Quarter and Full-Year 2024 Earnings Conference Call SOUTH SAN FRANCISCO, Calif., Feb. 19, 2025 (GLOBE NEWSWIRE) -- Alector, Inc. (Nasdaq: ALEC), a late-stage clinical biotechnology company focused on developing therapies to counteract the devastating progression of neurodegeneration, today announced it will host a conference call and webcast on Wednesday, February 26, 2025, at 4:30 p.m. globenewswire.com - 2 months ago
Alector Reports on Recent Progress and Outlines Strategic Priorities for 2025 Continue to advance preclinical and research pipeline, including key programs selectively combined with Alector Brain Carrier, enhancing the company's commitment to developing genetically-validated therapies for neurodegeneration globenewswire.com - 3 months ago
Neurology-Focused Alector Downgraded On Failed Alzheimer's Study, BofA Securities Highlights Lack Of Catalysts Bank of America Securities has downgraded Alector, Inc.  ALEC, citing the failure of its AL002 program. benzinga.com - 4 months ago
ALEC Stock Tanks as Alzheimer's Drug Fails in Mid-Stage Study Alector stock falls as the phase II INVOKE-2 study evaluating AL002 in slowing disease progression in early Alzheimer's disease fails to meet the primary goal. zacks.com - 4 months ago
Alector/AbbVie-Partnered Alzheimer's Drug Disappoints In Mid-Stage Study; Alector Lays Off 17% Of Workforce On Monday, Alector, Inc.  ALEC released results from the INVOKE-2 Phase 2 trial evaluating the safety and efficacy of AL002 in slowing disease progression in individuals with early Alzheimer's disease (AD). benzinga.com - 4 months ago
Alector Announces Results from AL002 INVOKE-2 Phase 2 Trial in Individuals with Early Alzheimer's Disease and Provides Business Update SOUTH SAN FRANCISCO, Calif., Nov. 25, 2024 (GLOBE NEWSWIRE) -- Alector, Inc. (Nasdaq: ALEC), a clinical-stage biotechnology company pioneering novel, genetically validated therapies for the treatment of neurodegenerative diseases, today announced results from the INVOKE-2 Phase 2 clinical trial evaluating the safety and efficacy of AL002 in slowing disease progression in individuals with early Alzheimer's disease (AD). Treatment with AL002 resulted in sustained target engagement and pharmacodynamic responses indicative of microglial activation. However, AL002 failed to meet the primary endpoint of slowing of Alzheimer's clinical progression as measured by the Clinical Dementia Rating Sum of Boxes (CDR®-SB), and there were no treatment effects that favored AL002 on secondary clinical and functional endpoints. Similarly, there were no significant effects on Alzheimer's fluid biomarkers favoring AL002, and amyloid PET imaging demonstrated no treatment-related reduction of brain amyloid levels. As previously reported, MRI changes resembling amyloid-related imaging abnormalities (ARIA) and infusion-related reactions were observed in INVOKE-2. The instances of ARIA were primarily seen in participants treated with AL002. globenewswire.com - 4 months ago
Alector Secures Flexible Credit Facility for Up to $50 Million From Hercules Capital SOUTH SAN FRANCISCO, Calif., Nov. 14, 2024 (GLOBE NEWSWIRE) -- Alector, Inc. (Nasdaq: ALEC), a clinical-stage biotechnology company pioneering immuno-neurology, today announced that the Company has entered into a debt financing agreement with Hercules Capital, Inc. (NYSE: HTGC) for up to $50 million. globenewswire.com - 5 months ago
8. Profile Summary

Alector, Inc. ALEC

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COUNTRY US
INDUSTRY Biotechnology
MARKET CAP $ 100 M
Dividend Yield 0.00%
Description Alector, Inc., a clinical stage biopharmaceutical company, develops therapies for the treatment of neurodegeneration diseases. Its products include AL001, a humanized recombinant monoclonal antibody, which is in Phase III clinical trial for the treatment of frontotemporal dementia, Alzheimer's, Parkinson's, and amyotrophic lateral sclerosis diseases; and AL101 that is in Phase I clinical trial for the treatment of neurodegenerative diseases, including Alzheimer's and Parkinson's diseases. The company also offers AL002, a product candidate that is in Phase II clinical trial for the treatment of Alzheimer's disease; and AL003, which is in Phase I clinical trial for the treatment of Alzheimer's disease. In addition, its products in development stage include AL044 that targets MS4A4A, a risk gene for Alzheimer's disease. Alector, Inc. has a collaboration agreement with Adimab, LLC for the research and development of antibodies; and a strategic collaboration agreement with GlaxoSmithKline plc for the development and commercialization of monoclonal antibodies, such as AL001 and AL101 to treat neurodegenerative diseases. The company was founded in 2013 and is headquartered in South San Francisco, California.
Contact 131 Oyster Point Boulevard, South San Francisco, CA, 94080 https://www.alector.com
IPO Date Feb. 7, 2019
Employees 238
Officers Dr. Marc Grasso M.D. Chief Financial Officer, Principal Financial Officer & Principal Accounting Officer Ms. Katie Hogan Senior Director of Corporate Communication & Investor Relations Dr. Gary Romano M.D., Ph.D. Chief Medical Officer Ms. Virginia DeJesus-Rueff M.B.A. Chief of Staff & Head of Strategy Ms. Danielle Pasqualone J.D., Ph.D. General Counsel Dr. Saraswati Kenkare-Mitra Ph.D. President and Head of Research & Development Ms. Clare Hunt M.B.A. Chief People Officer Dr. Arnon Rosenthal Ph.D. Co-Founder, Chief Executive Officer & Director Ms. Kristina Cutter M.P.H. Chief Regulatory, Pharmacovigilance, & Quality Assurance Officer Mr. Neil Berkley M.B.A., M.S. Chief Business Officer