Alignment Healthcare, Inc. (ALHC)

NASDAQ: ALHC · IEX Real-Time Price · USD
5.20
+0.10 (1.96%)
Apr 19, 2024, 4:00 PM EDT - Market closed
1.96%
Market Cap 991.42M
Revenue (ttm) 1.82B
Net Income (ttm) -148.02M
Shares Out 190.66M
EPS (ttm) -0.79
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 682,294
Open 5.07
Previous Close 5.10
Day's Range 5.02 - 5.23
52-Week Range 4.46 - 9.20
Beta 1.30
Analysts Buy
Price Target 9.38 (+80.39%)
Earnings Date May 2, 2024

About ALHC

Alignment Healthcare, Inc., a tech-enabled Medicare advantage company, operates consumer-centric health care platform for seniors in the United States. It provides customized health care designed to meet the needs of a diverse array of seniors through its Medicare advantage plans. The company was founded in 2013 and is based in Orange, California. [Read more]

Sector Healthcare
IPO Date Mar 26, 2021
Employees 1,536
Stock Exchange NASDAQ
Ticker Symbol ALHC
Full Company Profile

Financial Performance

In 2023, ALHC's revenue was $1.82 billion, an increase of 27.16% compared to the previous year's $1.43 billion. Losses were -$148.02 million, -1.02% less than in 2022.

Financial Statements

Analyst Forecast

According to 10 analysts, the average rating for ALHC stock is "Buy." The 12-month stock price forecast is $9.38, which is an increase of 80.39% from the latest price.

Price Target
$9.38
(80.39% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Alignment Healthcare to Announce First Quarter 2024 Financial Results and Host Conference Call Thursday, May 2, 2024

ORANGE, Calif., April 11, 2024 (GLOBE NEWSWIRE) -- Alignment Healthcare, Inc. (NASDAQ: ALHC), will release its first quarter 2024 financial results on Thursday, May 2, after market close. Following th...

8 days ago - GlobeNewsWire

SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Alignment Healthcare, Inc. - ALHC

NEW YORK , March 19, 2024 /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of Alignment Healthcare, Inc. ("Alignment" or the "Company") (NASDAQ: ALHC). Such investors are a...

4 weeks ago - PRNewsWire

Alignment Healthcare to Participate in a Virtual Fireside hosted by Raymond James

ORANGE, Calif., March 07, 2024 (GLOBE NEWSWIRE) -- Alignment Healthcare, Inc. (NASDAQ: ALHC), today announced that Thomas Freeman, chief financial officer, will participate in a virtual fireside conve...

6 weeks ago - GlobeNewsWire

Alignment Healthcare, Inc. (ALHC) Investigation: Bronstein, Gewirtz & Grossman, LLC Encourages Investors to Seek Compensation for Alleged Wrongdoings

NEW YORK--(BUSINESS WIRE)---- $ALHC #classaction--Attorney Advertising--Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Alignment Healthcare, Inc. (“Ali...

6 weeks ago - Business Wire

Levi & Korsinsky Reminds Alignment Healthcare Investors of the Ongoing Investigation into Potential Violations of Securities Laws - ALHC

NEW YORK, NY / ACCESSWIRE / March 6, 2024 / Levi & Korsinsky notifies investors that it has commenced an investigation of Alignment Healthcare, Inc. ("Alignment Healthcare") (NASDAQ:ALHC) concerning p...

6 weeks ago - Accesswire

Levi & Korsinsky, LLP Investigates Possible Securities Fraud Violations by Alignment Healthcare, Inc. (ALHC)

NEW YORK, NY / ACCESSWIRE / March 6, 2024 / Levi & Korsinsky notifies investors that it has commenced an investigation of Alignment Healthcare, Inc. ("Alignment Healthcare") (NASDAQ:ALHC) concerning p...

6 weeks ago - Accesswire

Levi & Korsinsky Reminds Shareholders of an Investigation into Alignment Healthcare, Inc. (ALHC) Regarding Potential Securities Fraud Allegations

NEW YORK, NY / ACCESSWIRE / March 5, 2024 / Levi & Korsinsky notifies investors that it has commenced an investigation of Alignment Healthcare, Inc. ("Alignment Healthcare") (NASDAQ:ALHC) concerning p...

6 weeks ago - Accesswire

ATTENTION ALHC SHAREHOLDERS: Investors who lost money on Alignment Healthcare, Inc. are urged to contact Levi & Korsinsky about an ongoing investigation

NEW YORK, NY / ACCESSWIRE / March 5, 2024 / Levi & Korsinsky notifies investors that it has commenced an investigation of Alignment Healthcare, Inc. ("Alignment Healthcare") (NASDAQ:ALHC) concerning p...

6 weeks ago - Accesswire

Alignment Healthcare, Inc. Investigated by Shareholder Rights Advocates – Investors Should Contact Levi & Korsinsky Regarding Potential Securities Law Violations - ALHC

NEW YORK, NY / ACCESSWIRE / March 4, 2024 / Levi & Korsinsky notifies investors that it has commenced an investigation of Alignment Healthcare, Inc. ("Alignment Healthcare") (NASDAQ:ALHC) concerning p...

6 weeks ago - Accesswire

Lost Money on Alignment Healthcare, Inc.(ALHC)? You May Have Been Affected by Fraud- Contact Levi & Korsinsky

NEW YORK, NY / ACCESSWIRE / March 4, 2024 / Levi & Korsinsky notifies investors that it has commenced an investigation of Alignment Healthcare, Inc. ("Alignment Healthcare") (NASDAQ:ALHC) concerning p...

6 weeks ago - Accesswire

ALHC ALERT: Levi & Korsinsky, LLP Reminds Investors of an Investigation Involving Possible Securities Fraud Violations by Alignment Healthcare, Inc.

NEW YORK, NY / ACCESSWIRE / March 3, 2024 / Levi & Korsinsky notifies investors that it has commenced an investigation of Alignment Healthcare, Inc. ("Alignment Healthcare") (NASDAQ:ALHC) concerning p...

6 weeks ago - Accesswire

Alignment Healthcare Reports Fourth Quarter and Full-Year 2023 Results; Provides Full-Year 2024 Financial Guidance

ORANGE, Calif., Feb. 27, 2024 (GLOBE NEWSWIRE) -- Alignment Healthcare, Inc. (NASDAQ: ALHC), today reported financial results for its fourth quarter and full year ended Dec. 31, 2023.

7 weeks ago - GlobeNewsWire

Alignment Healthcare to Announce Fourth Quarter and Full-Year 2023 Financial Results and Host Conference Call Tuesday, Feb. 27, 2024

ORANGE, Calif., Feb. 06, 2024 (GLOBE NEWSWIRE) -- Alignment Healthcare, Inc. (NASDAQ: ALHC), will release its fourth quarter and full-year 2023 financial results on Tuesday, Feb. 27, after market clos...

2 months ago - GlobeNewsWire

Alignment Healthcare Delivers 44% Year-Over-Year Membership Growth Following Significant Boost from AEP, Increasing Membership to 155,500

Company provides year-end health plan membership guidance, strengthens conviction of path to adjusted EBITDA breakeven in 2024 Company provides year-end health plan membership guidance, strengthens co...

3 months ago - GlobeNewsWire

Alignment Healthcare to Participate in the 42nd Annual J.P. Morgan Healthcare Conference

ORANGE, Calif., Dec. 19, 2023 (GLOBE NEWSWIRE) -- Alignment Healthcare, Inc. (NASDAQ: ALHC), today announced that John Kao, founder and CEO, and Thomas Freeman, chief financial officer, will participa...

4 months ago - GlobeNewsWire

Multiple Grammy Award-Winning Artist Luis Miguel Partners with Alignment Health to Champion Living with Confidence

Medicare Advantage company debuts new campaign aimed at Latin community, one of the fastest-growing segments of U.S. population, in December Medicare Advantage company debuts new campaign aimed at Lat...

5 months ago - GlobeNewsWire

Alignment Healthcare Reports Third Quarter 2023 Results; Exceeds Guidance Across All Key Financial Metrics

ORANGE, Calif., Nov. 02, 2023 (GLOBE NEWSWIRE) -- Alignment Healthcare, Inc. (NASDAQ: ALHC), today reported financial results for its third quarter ended Sept. 30, 2023.

6 months ago - GlobeNewsWire

Alignment Healthcare Medicare Advantage Plan Named to U.S. News & World Report 2024 Best Insurance Companies for Medicare Advantage in North Carolina for Second Consecutive Year

Alignment's North Carolina HMO achieved a 4.5- out of 5-star rating from the Centers for Medicare & Medicaid Services for 2024 Alignment's North Carolina HMO achieved a 4.5- out of 5-star rating from ...

6 months ago - GlobeNewsWire

Alignment Healthcare and Walgreens to Introduce Co-Branded Medicare Advantage Plans in Select Markets in 2024

Alignment Healthcare, Inc., and Walgreens have signed an agreement to offer co-branded Medicare Advantage plans in select markets starting Jan. 1, 2024.

6 months ago - GlobeNewsWire

Alignment Healthcare to Announce Third Quarter 2023 Financial Results and Host Conference Call Thursday, Nov. 2, 2023

ORANGE, Calif., Oct. 12, 2023 (GLOBE NEWSWIRE) -- Alignment Healthcare, Inc. (NASDAQ: ALHC), will release its third quarter 2023 financial results on Thursday, Nov. 2, after market close. Following th...

6 months ago - GlobeNewsWire

Alignment Health Celebrates Grand Opening of Alignment Health Plan Center in Laguna Woods, CA

Alignment Health executives and Laguna Woods elected officials welcome community members at official ribbon-cutting ceremony for the senior-focused facility Alignment Health executives and Laguna Wood...

6 months ago - GlobeNewsWire

Alignment Healthcare and Instacart Launch Co-branded Medicare Advantage Plans

The first Medicare Advantage plan to offer Instacart as a benefit, Alignment brings food as medicine programs to chronically ill seniors in 13 counties across California and Nevada The first Medicare ...

7 months ago - GlobeNewsWire

Social Threats to Aging Well in America: 2023 Survey Reveals Economic Instability, Food Insecurity, Lack of Support and Transportation Access as Top Barriers to Senior Health

2nd annual Alignment Health report shows 1 in 5 seniors skip needed medical care, seniors are more depressed and anxious than a year ago 2nd annual Alignment Health report shows 1 in 5 seniors skip ne...

8 months ago - GlobeNewsWire

Alignment Healthcare Welcomes New Chief Medical Officer

Dr. Ken Kim rejoins Medicare Advantage company to support clinical innovation for best-in-class senior care Dr. Ken Kim rejoins Medicare Advantage company to support clinical innovation for best-in-cl...

8 months ago - GlobeNewsWire

Alignment Healthcare to Participate in the Morgan Stanley 21st Annual Global Healthcare Conference

ORANGE, Calif., Aug. 30, 2023 (GLOBE NEWSWIRE) -- Alignment Healthcare, Inc. (NASDAQ: ALHC), a tech-enabled Medicare Advantage company, today announced that John Kao, founder and CEO, and Thomas Freem...

8 months ago - GlobeNewsWire