Alector, Inc. (ALEC)
NASDAQ: ALEC · IEX Real-Time Price · USD
4.340
-0.080 (-1.81%)
Jul 2, 2024, 4:00 PM EDT - Market closed
Alector Stock Forecast
Stock Price Forecast
The 6 analysts with 12-month price forecasts for Alector stock have an average target of 14.17, with a low estimate of 4.00 and a high estimate of 35. The average target predicts an increase of 226.50% from the current stock price of 4.34.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for Alector stock from 7 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 | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 5 | 5 | 5 | 5 | 4 | 4 |
| Buy | 2 | 2 | 2 | 2 | 1 | 1 |
| Hold | 1 | 1 | 1 | 1 | 1 | 1 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 1 | 1 | 1 | 1 | 1 | 1 |
| Total | 9 | 9 | 9 | 9 | 7 | 7 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| HC Wainwright & Co. | HC Wainwright & Co. | Strong Buy Reiterates $35 | Strong Buy | Reiterates | $35 | +706.45% | Jun 20, 2024 |
| HC Wainwright & Co. | HC Wainwright & Co. | Strong Buy Maintains $41 → $35 | Strong Buy | Maintains | $41 → $35 | +706.45% | May 9, 2024 |
| Cantor Fitzgerald | Cantor Fitzgerald | Buy Reiterates n/a | Buy | Reiterates | n/a | n/a | May 9, 2024 |
| HC Wainwright & Co. | HC Wainwright & Co. | Strong Buy Reiterates $41 | Strong Buy | Reiterates | $41 | +844.70% | Feb 28, 2024 |
| Stifel | Stifel | Hold → Strong Buy Upgrades $8 → $15 | Hold → Strong Buy | Upgrades | $8 → $15 | +245.62% | Dec 14, 2023 |
Financial Forecast
Revenue This Year
65.68M
from 97.06M
Decreased by -32.33%
Revenue Next Year
113.46M
from 65.68M
Increased by 72.74%
EPS This Year
-2.01
from -1.56
EPS Next Year
-1.70
from -2.01
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 70.2M | 248.3M | 331.8M | 626.3M | 4.4B |
| Avg | 65.7M | 113.5M | 168.8M | 297.8M | 1.3B |
| Low | 59.7M | 42.0M | 88.0M | 83.8M | 60.6M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | -27.6% | 278.1% | 192.4% | 271.0% | 1,388.5% |
| Avg | -32.3% | 72.7% | 48.8% | 76.4% | 328.8% |
| Low | -38.5% | -36.1% | -22.4% | -50.4% | -79.7% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | -1.86 | -0.36 | -0.38 | 2.38 | 27.66 |
| Avg | -2.01 | -1.70 | -1.32 | 0.33 | 8.79 |
| Low | -2.21 | -2.32 | -2.30 | -0.65 | -1.35 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | - | - | - | - | 8,199.6% |
| Avg | - | - | - | - | 2,536.5% |
| 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.