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Healthcare - Biotechnology - NASDAQ - US
$ 3.74
-1.76 %
$ 385 M
Market Cap
-0.3
P/E
1. INTRINSIC VALUE

This DCF valuation model was last updated on Jun, 6, 2025.

The intrinsic value of one ALMS stock under the worst case scenario is HIDDEN Compared to the current market price of 3.74 USD, Alumis Inc. Common Stock is HIDDEN

This DCF valuation model was last updated on Jun, 6, 2025.

The intrinsic value of one ALMS stock under the base case scenario is HIDDEN Compared to the current market price of 3.74 USD, Alumis Inc. Common Stock is HIDDEN

This DCF valuation model was last updated on Jun, 6, 2025.

The intrinsic value of one ALMS stock under the best case scenario is HIDDEN Compared to the current market price of 3.74 USD, Alumis Inc. Common Stock is HIDDEN

2. FUNDAMENTAL ANALYSIS

Price Chart ALMS

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$11.0$11.0$10.0$10.0$9.0$9.0$8.0$8.0$7.0$7.0$6.0$6.0$5.0$5.0$4.0$4.0$3.0$3.015 Dec15 DecJan '25Jan '2515 Jan15 JanFeb '25Feb '2515 Feb15 FebMar '25Mar '2515 Mar15 MarApr '25Apr '2515 Apr15 AprMay '25May '2515 May15 MayJun '25Jun '25
FINANCIALS
0 REVENUE
0.00%
-301 M OPERATING INCOME
-90.14%
-294 M NET INCOME
-89.84%
-255 M OPERATING CASH FLOW
-96.25%
-114 M INVESTING CASH FLOW
-188.17%
492 M FINANCING CASH FLOW
449.01%
17.4 M REVENUE
1045.52%
-102 M OPERATING INCOME
-2.95%
-99 M NET INCOME
-4.44%
-80.4 M OPERATING CASH FLOW
-7.48%
39.4 M INVESTING CASH FLOW
27.39%
0 FINANCING CASH FLOW
0.00%
Balance Sheet Alumis Inc. Common Stock
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Current Assets 306 M
Cash & Short-Term Investments 288 M
Receivables 1.81 M
Other Current Assets 16.1 M
Non-Current Assets 34.8 M
Long-Term Investments 0
PP&E 33.7 M
Other Non-Current Assets 1.11 M
84.54 %4.73 %9.88 %Total Assets$341.0m
Current Liabilities 50.9 M
Accounts Payable 9.62 M
Short-Term Debt 1.56 M
Other Current Liabilities 39.7 M
Non-Current Liabilities 30 M
Long-Term Debt 29.2 M
Other Non-Current Liabilities 814 K
11.90 %49.12 %36.06 %Total Liabilities$80.9m
EFFICIENCY
Earnings Waterfall Alumis Inc. Common Stock
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Revenue 0
Cost Of Revenue 0
Gross Profit 0
Operating Expenses 301 M
Operating Income -301 M
Other Expenses -6.52 M
Net Income -294 M
00(50m)(50m)(100m)(100m)(150m)(150m)(200m)(200m)(250m)(250m)(300m)(300m)(350m)(350m)000(301m)(301m)7m(294m)RevenueRevenueCost Of RevenueCost Of RevenueGross ProfitGross ProfitOperating ExpensesOperating ExpensesOperating IncomeOperating IncomeOther ExpensesOther ExpensesNet IncomeNet Income
RATIOS
0.00% GROSS MARGIN
0.00%
0.00% OPERATING MARGIN
0.00%
0.00% NET MARGIN
0.00%
-113.12% ROE
-113.12%
-86.29% ROA
-86.29%
-103.13% ROIC
-103.13%
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis Alumis Inc. Common Stock
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00(50m)(50m)(100m)(100m)(150m)(150m)(200m)(200m)(250m)(250m)(300m)(300m)20232023Mar '23Mar '23Jun '23Jun '23Sep '23Sep '23Dec '23Dec '23Mar '24Mar '24Jun '24Jun '24Sep '24Sep '24Dec '24Dec '24
Net Income -294 M
Depreciation & Amortization 3.15 M
Capital Expenditures -1.73 M
Stock-Based Compensation 19.5 M
Change in Working Capital 14.8 M
Others 8.04 M
Free Cash Flow -257 M
3. WALL STREET ANALYSTS ESTIMATES
Wall Street Analysts Price Targets Alumis Inc. Common Stock
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Wall Street analysts predict an average 1-year price target for ALMS of $22.7 , with forecasts ranging from a low of $13 to a high of $30 .
ALMS Lowest Price Target Wall Street Target
13 USD 247.59%
ALMS Average Price Target Wall Street Target
22.7 USD 506.06%
ALMS Highest Price Target Wall Street Target
30 USD 702.14%
Price
Max Price Target
Min Price Target
Average Price Target
303025252020151510105500Jul '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 '26Jun '26Jun '26
4. DIVIDEND ANALYSIS
5. COMPETITION
6. Ownership
Insider Ownership Alumis Inc. Common Stock
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Sold
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
0 USD 0
Bought
2.31 M USD 6
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
7. News
Alumis to Present at the Jefferies Global Healthcare Investor Conference SOUTH SAN FRANCISCO, Calif., May 29, 2025 (GLOBE NEWSWIRE) -- Alumis Inc. (Nasdaq: ALMS), a late-stage biopharma company developing next-generation targeted therapies for patients with immune-mediated diseases, today announced that Martin Babler, President and Chief Executive Officer of Alumis, will present at the Jefferies Global Healthcare Conference on June 4, 2025 at 3:10 p.m. globenewswire.com - 3 weeks ago
Alumis Completes Enrollment of Pivotal Phase 3 ONWARD Clinical Program of Lead Candidate ESK-001, a Highly Selective, Next-Generation Oral TYK2 Inhibitor for the Treatment of Moderate-to-Severe Plaque Psoriasis Alumis completed enrollment of Phase 3 ONWARD clinical program of ESK-001, a next-generation oral TYK2 inhibitor for moderate-to-severe plaque psoriasis globenewswire.com - 3 weeks ago
Alumis Completes Merger with ACELYRIN SOUTH SAN FRANCISCO, Calif., May 21, 2025 (GLOBE NEWSWIRE) -- Alumis Inc. (Nasdaq: ALMS), a late-stage biopharma company developing next-generation targeted therapies for patients with immune-mediated diseases, today announced that it has completed its merger with ACELYRIN, Inc. Each ACELYRIN stockholder will receive 0.4814 shares of Alumis common stock for each share of ACELYRIN common stock owned. globenewswire.com - 4 weeks ago
Alumis Reports First Quarter 2025 Financial Results and Highlights Recent Achievements SOUTH SAN FRANCISCO, Calif., May 14, 2025 (GLOBE NEWSWIRE) -- Alumis Inc. (Nasdaq: ALMS), a clinical-stage biopharmaceutical company developing oral therapies using a precision approach to optimize clinical outcomes and significantly improve the lives of patients with immune-mediated diseases, today reported financial results for the quarter ended March 31, 2025, and highlighted recent achievements and upcoming milestones. globenewswire.com - 1 month ago
Alumis Stockholders Approve Merger with ACELYRIN SOUTH SAN FRANCISCO, Calif., May 13, 2025 (GLOBE NEWSWIRE) -- Alumis Inc. (Nasdaq: ALMS), a clinical-stage biopharmaceutical company developing therapies using a precision approach to optimize clinical outcomes and significantly improve the lives of patients with immune-mediated diseases, today announced that its stockholders voted to approve all proposals required to be approved in connection with the pending merger with ACELYRIN, INC. globenewswire.com - 1 month ago
Alumis and ACELYRIN Announce Amended Merger Agreement ACELYRIN stockholders to receive increased ownership in the combined company through revised exchange ratio; Alumis and ACELYRIN stockholders to now own approximately 52% and 48%, respectively, of the combined company on a fully diluted basis Merger maximizes the potential value for ACELYRIN stockholders and creates a stronger combined company, best-positioned to realize long-term value of multiple late-stage assets ACELYRIN files investor presentation highlighting benefits of proposed merger and comprehensive Board process Special Meeting of Stockholders for both companies to be held May 13, 2025 SOUTH SAN FRANCISCO, Calif. and LOS ANGELES, April 21, 2025 (GLOBE NEWSWIRE) -- Alumis Inc. (Nasdaq: ALMS), a clinical-stage biopharmaceutical company developing therapies using a precision approach to optimize clinical outcomes and significantly improve the lives of patients with immune-mediated diseases, and ACELYRIN, INC. globenewswire.com - 1 month ago
ACELYRIN INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Acelyrin, Inc. - SLRN NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Acelyrin, Inc. (NasdaqGS: SLRN) to Alumis Inc. (NasdaqGS: ALMS). Under the terms of the proposed transaction, shareholders of Acelyrin will receive 0.4274 shares of Alumis common stock for each share of Acelyrin that they own. KSF is seeking to determine whether this consideration and the process that led to i. businesswire.com - 2 months ago
3 Biopharmaceutical Stocks Bucking the Sell-Off With tariffs sending markets reeling in the first days of the second quarter—the S&P 500 dropped roughly 10% in the five trading periods through Apr. 7, 2025—investors with cash to spend might be looking for an opportunity. While it's true that some of the biggest firms in the world started April with major share price discounts, investors may want to find companies to target that have been more or less bulletproof in the extreme uncertainty characterizing the market. marketbeat.com - 2 months ago
Alumis and ACELYRIN File Joint Definitive Proxy Statement for Proposed Merger Stockholders to benefit from differentiated late-stage portfolio of therapies and strong balance sheet Boards unanimously recommend stockholders vote “FOR” the merger Transaction expected to be completed in second quarter of 2025 SOUTH SAN FRANCISCO, Calif. and LOS ANGELES, April 04, 2025 (GLOBE NEWSWIRE) -- Alumis Inc. (Nasdaq: ALMS), a clinical-stage biopharmaceutical company developing therapies using a precision approach to optimize clinical outcomes and significantly improve the lives of patients with immune-mediated diseases, and ACELYRIN, INC. globenewswire.com - 2 months ago
Alumis and Kaken Pharmaceutical Announce Collaboration and Licensing Agreement for ESK-001 in Dermatology in Japan - Alumis to receive $40 million in upfront and near-term co-development payments, with potential for approximately $140 million in additional milestone and field option payments, plus tiered royalties on future sales -Deal underscores the commercial potential of Alumis' ESK-001 and leverages Kaken's regional capabilities and expertise in novel dermatology treatments -Kaken has the option to license ESK-001 for further clinical development and commercialization in rheumatological and gastrointestinal diseases SOUTH SAN FRANCISCO, Calif. and BUNKYO-KU, Tokyo, March 25, 2025 (GLOBE NEWSWIRE) -- Alumis Inc. (Nasdaq: ALMS), a clinical-stage biopharmaceutical company developing oral therapies using a precision approach to optimize clinical outcomes and significantly improve the lives of patients with immune-mediated diseases, and Kaken Pharmaceutical Co., Ltd. globenewswire.com - 2 months ago
Alumis Reports Year End 2024 Financial Results and Highlights Recent Achievements – Presented Phase 2 STRIDE OLE 52-week psoriasis data at AAD 2025 demonstrating next-generation oral TYK2 inhibitor ESK-001 treatment led to robust long-term clinical responses and was well tolerated; Phase 3 ONWARD program data readout now expected 1Q 2026 – – Presented Phase 1 clinical data at ACTRIMS 2025 demonstrating first-in-class oral TYK2 inhibitor A-005 has ability to cross blood-brain barrier and was well tolerated; Phase 2 in MS to begin 2H 2025 – – Announced merger agreement with ACELYRIN to create combined company with differentiated late-stage portfolio of therapies and strong balance sheet; expected to close 2Q 2025 – SOUTH SAN FRANCISCO, Calif., March 19, 2025 (GLOBE NEWSWIRE) -- Alumis Inc. (Nasdaq: ALMS), a clinical-stage biopharmaceutical company developing oral therapies using a precision approach to optimize clinical outcomes and significantly improve the lives of patients with immune-mediated diseases, today reported financial results for the year ended December 31, 2024, and highlighted recent achievements and upcoming milestones. globenewswire.com - 3 months ago
Alumis to Present at Leerink's 2025 Global Healthcare Conference SOUTH SAN FRANCISCO, Calif., March 10, 2025 (GLOBE NEWSWIRE) -- Alumis Inc. (Nasdaq: ALMS), a clinical-stage biopharmaceutical company developing oral therapies using a precision approach to optimize clinical outcomes and significantly improve the lives of patients with immune-mediated diseases, today announced that Martin Babler, President and Chief Executive Officer of Alumis, will participate in a fireside chat at Leerink's 2025 Global Healthcare Conference on Tuesday, March 11, 2025 at 10:40 am ET. globenewswire.com - 3 months ago
8. Profile Summary

Alumis Inc. Common Stock ALMS

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COUNTRY US
INDUSTRY Biotechnology
MARKET CAP $ 385 M
Dividend Yield 0.00%
Description Alumis Inc., a clinical stage biopharmaceutical company, focuses on the development and commercialization of medicines for autoimmune disorders. It develops ESK-001, an allosteric tyrosine kinase 2 (TYK2) inhibitor for the treatment of plaque psoriasis, systemic lupus erythematosus, and non-infectious uveitis; and A-005, a central nervous system-penetrant allosteric TYK2 inhibitor for neuroinflammatory and neurodegenerative diseases. The company was formerly known as Esker Therapeutics, Inc. and changed its name to Alumis Inc. in January 2022. The company was incorporated in 2021 and is headquartered in South San Francisco, California.
Contact 280 East Grand Avenue, South San Francisco, CA, 94080 https://www.alumis.com
IPO Date Feb. 22, 2021
Employees 168
Officers Mr. Philip Nunn Ph.D. Senior Vice President of Pharmacology & Project Team Leader Mr. Mark Bradley Chief Development Officer Mr. Roy C. Hardiman J.D. Chief Business & Strategy Officer Dr. David M. Goldstein Ph.D. Chief Scientific Officer Ms. Sara Klein Chief Legal Officer & Corporate Secretary Mr. Derrick Richardson Senior Vice President of People & Culture Ms. Claire Langrish Ph.D. Senior Vice President & Head of Immunology and Translational Science Dr. Jorn Drappa M.D., Ph.D. Chief Medical Officer Mr. Martin Babler Ph.D. President, Chief Executive Officer & Chairman Mr. John R. Schroer C.F.A. Chief Financial Officer