Alignment Healthcare, Inc. (ALHC)
NASDAQ: ALHC · IEX Real-Time Price · USD
7.26
+0.27 (3.86%)
At close: May 17, 2024, 4:00 PM
7.02
-0.24 (-3.31%)
After-hours: May 17, 2024, 5:35 PM EDT
Alignment Healthcare Stock Forecast
Stock Price Forecast
The 9 analysts with 12-month price forecasts for ALHC stock have an average target of 8.69, with a low estimate of 4.50 and a high estimate of 12. The average target predicts an increase of 19.70% from the current stock price of 7.26.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for ALHC stock from 9 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 3 | 3 | 3 | 2 | 2 |
| Buy | 3 | 3 | 3 | 1 | 1 | 2 |
| Hold | 4 | 4 | 4 | 5 | 5 | 4 |
| Sell | 0 | 0 | 0 | 1 | 1 | 1 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 9 | 10 | 10 | 10 | 9 | 9 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Piper Sandler | Piper Sandler | Hold → Buy Upgrades $6 → $8 | Hold → Buy | Upgrades | $6 → $8 | +10.19% | May 8, 2024 |
| Stephens & Co. | Stephens & Co. | Hold Maintains $6 → $7 | Hold | Maintains | $6 → $7 | -3.58% | May 3, 2024 |
| Stifel | Stifel | Strong Buy Maintains $11 → $9 | Strong Buy | Maintains | $11 → $9 | +23.97% | Apr 23, 2024 |
| Piper Sandler | Piper Sandler | Buy → Hold Downgrades $12 → $6 | Buy → Hold | Downgrades | $12 → $6 | -17.36% | Mar 6, 2024 |
| Barclays | Barclays | Sell Initiates $4.5 | Sell | Initiates | $4.5 | -38.02% | Mar 6, 2024 |
Financial Forecast
Revenue This Year
2.11B
from 1.82B
Increased by 15.76%
Revenue Next Year
2.45B
from 2.11B
Increased by 16.06%
EPS This Year
-0.21
from -0.79
EPS Next Year
-0.59
from -0.21
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 2.5B | 3.2B | 3.3B | 4.4B | 5.2B |
| Avg | 2.5B | 2.9B | 3.2B | 4.2B | 5.1B |
| Low | 2.3B | 2.7B | 3.1B | 4.1B | 4.9B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 39.7% | 30.2% | 11.3% | 37.5% | 23.5% |
| Avg | 34.3% | 20.0% | 8.1% | 33.6% | 20.0% |
| Low | 28.8% | 9.8% | 3.8% | 28.3% | 15.3% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | -0.32 | -0.22 | -0.25 |
| Avg | -0.59 | -0.48 | -0.24 |
| Low | -0.74 | -0.58 | -0.24 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | - | - | - |
| Avg | - | - | - |
| Low | - | - | - |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.