Alvotech (ALVO)

NASDAQ: ALVO · Real-Time Price · USD
9.84
-0.27 (-2.67%)
At close: Jun 12, 2025, 4:00 PM
9.91
+0.07 (0.71%)
After-hours: Jun 12, 2025, 4:16 PM EDT
-2.67%
Market Cap 2.99B
Revenue (ttm) 587.89M
Net Income (ttm) 96.55M
Shares Out 303.47M
EPS (ttm) 0.34
PE Ratio 29.03
Forward PE 29.45
Dividend n/a
Ex-Dividend Date n/a
Volume 168,920
Open 10.00
Previous Close 10.11
Day's Range 9.71 - 10.07
52-Week Range 7.35 - 14.65
Beta 0.19
Analysts Buy
Price Target 18.00 (+82.93%)
Earnings Date May 7, 2025

About ALVO

Alvotech, through its subsidiaries, develops and manufactures biosimilar medicines for patients worldwide. It offers biosimilar products in the therapeutic areas of autoimmune, eye, and bone disorders, as well as cancer. The company’s lead program is AVT02, a high concentration formulation biosimilar to Humira to treat various inflammatory conditions, including rheumatoid arthritis, psoriatic arthritis, Crohn’s disease, ulcerative colitis, plaque psoriasis, and other indications; AVT04, a biosimilar to Stelara to treat various inflammatory cond... [Read more]

Sector Healthcare
Founded 2013
Employees 1,012
Stock Exchange NASDAQ
Ticker Symbol ALVO
Full Company Profile

Financial Performance

In 2024, Alvotech's revenue was $491.98 million, an increase of 426.84% compared to the previous year's $93.38 million. Losses were -$231.86 million, -57.98% less than in 2023.

Financial Statements

Analyst Forecast

According to one analyst, the rating for ALVO stock is "Buy" and the 12-month stock price forecast is $18.0.

Price Target
$18.0
(82.93% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Alvotech's Private Placement Completed with Delivery of SDRs and Shares to Investors

Alvotech (NASDAQ: ALVO, ALVO-SDB, the “Company”), a global biotech company specializing in the development and manufacture of biosimilar medicines for patients worldwide, today announced the completio...

1 day ago - GlobeNewsWire

Alvotech's Private Placement Completed with Delivery of SDRs and Shares to Investors

Alvotech (NASDAQ: ALVO, ALVO-SDB, the “Company”), a global biotech company specializing in the development and manufacture of biosimilar medicines for patients worldwide, today announced the completio...

1 day ago - GlobeNewsWire

Alvotech Participates in the Goldman Sachs Global Healthcare Conference in Miami

Alvotech (NASDAQ: ALVO), a global biotech company specializing in the development and manufacture of biosimilar medicines for patients worldwide, announced today its participation in the Goldman Sachs...

6 days ago - GlobeNewsWire

Alvotech Meets Investors and Presents at the Goldman Sachs Global Healthcare Conference in Miami

REYKJAVIK, Iceland, June 06, 2025 (GLOBE NEWSWIRE) -- Alvotech (NASDAQ: ALVO), a global biotech company specializing in the development and manufacture of biosimilar medicines for patients worldwide, ...

6 days ago - GlobeNewsWire

Dr Reddy's And Alvotech Join Hands To Develop Biosimilar For Merck's Blockbuster Cancer Drug

Alvotech ALVO on Thursday collaborated with Dr. Reddy's Laboratories Ltd. RDY to co-develop, manufacture and commercialize a biosimilar candidate to Keytruda (pembrolizumab) for global markets.

Other symbols: MRKRDY
7 days ago - Benzinga

Alvotech has carried out a private placement of 7,500,000 SDRs and ordinary shares at a price of SEK 100.00 per SDR and ISK 1320.83 per ordinary share, raising gross proceeds of SEK 750 million

Alvotech has carried out a private placement of 7,500,000 SDRs and ordinary shares at a price of SEK 100.00 per SDR and ISK 1320.83 per ordinary share

8 days ago - GlobeNewsWire

Alvotech intends to carry out a private placement of approximately 7.5 million SDRs and ordinary shares

THIS PRESS RELEASE MAY NOT BE DISTRIBUTED, RELEASED, OR PUBLISHED, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES OF AMERICA , AUSTRALIA, BELARUS, CANADA, HONG KONG, JAPAN, NEW ZEELAND, RUSSIA, ...

8 days ago - GlobeNewsWire

Alvotech Completes Acquisition of Xbrane R&D Organization and biosimilar candidate to Cimzia®

Alvotech (NASDAQ: ALVO, ALVO-SDB), a global biotech company specializing in the development and manufacture of biosimilar medicines for patients worldwide, has completed its transaction with Xbrane Bi...

8 days ago - GlobeNewsWire

Alvotech Meets Investors and Presents at the Jefferies Global Healthcare Conference 2025 in New York, NY

REYKJAVIK, Iceland, June 02, 2025 (GLOBE NEWSWIRE) -- Alvotech (NASDAQ: ALVO), a global biotech company specializing in the development and manufacture of biosimilar medicines for patients worldwide, ...

10 days ago - GlobeNewsWire

Alvotech and Advanz Pharma Extend Strategic Partnership to Commercialize Three Additional Biosimilars in Europe

REYKJAVIK, Iceland and LONDON, May 28, 2025 (GLOBE NEWSWIRE) -- Alvotech (NASDAQ: ALVO), a global biotech company specializing in the development and manufacture of biosimilar medicines for patients w...

15 days ago - GlobeNewsWire

Alvotech Annual General Meeting to be held June 25, 2025

The Annual General Meeting of Alvotech will be held on Wednesday June 25, 2025, at 09.00 a.m. CEST at the premises of Arendt & Medernach at 41A, Avenue John F. Kennedy L-1855 Luxembourg, Grand Duchy o...

17 days ago - GlobeNewsWire

Transactions of Managers and Closely Associated Persons

Attached is a copy of a filing with the Luxembourg Commission de Surveillance du Secteur Financier (CSSF) regarding transactions of managers and closely associated persons, announcing the acquisition ...

20 days ago - GlobeNewsWire

Alvotech Appoints DNB Carnegie as Liquidity Provider on Nasdaq Stockholm

REYKJAVIK,  ICELAND AND STOCKHOLM, SWEDEN (May 19, 2025) — Alvotech (NASDAQ: ALVO, the “Company”) has entered into agreement with DNB Carnegie Investment Bank AB (publ) (“DNB Carnegie”) regarding liqu...

24 days ago - GlobeNewsWire

Trading in Alvotech's Shares on Nasdaq Stockholm Commences Today

Not to be released, published, distributed or circulated in any jurisdiction in which it would be unlawful to do so. This press release is for information purposes only and does not constitute an offe...

24 days ago - GlobeNewsWire

Alvotech Announces the Outcome of the Offering in Connection with the Company's Listing on Nasdaq Stockholm

Not to be released, published, distributed or circulated in any jurisdiction in which it would be unlawful to do so. This press release is for information purposes only and does not constitute an offe...

27 days ago - GlobeNewsWire

Alvotech (ALVO) Q1 2025 Earnings Call Transcript

Alvotech (NASDAQ:ALVO) Q1 2025 Earnings Conference Call May 8, 2025 8:00 AM ET Company Participants Benedikt Stefansson - VP, Investor Relations and Global Communications Robert Wessman - Founder, Ch...

4 weeks ago - Seeking Alpha

Alvotech Publishes Prospectus in Connection with its Listing on Nasdaq Stockholm

Not to be released, published, distributed or circulated in the United States or any other jurisdiction in which it would be unlawful to do so. This press release is for information purposes only and ...

5 weeks ago - GlobeNewsWire

Alvotech Reports Results for the First Quarter of 2025 and Provides Business Update

REYKJAVIK, Iceland, May 07, 2025 (GLOBE NEWSWIRE) -- Alvotech (NASDAQ: ALVO, or the “Company”), a global biotech company specializing in the development and manufacture of biosimilar medicines for pat...

5 weeks ago - GlobeNewsWire

Alvotech Reports Results for the First Quarter of 2025 and Provides Business Update

REYKJAVIK, Iceland, May 7, 2025 - Alvotech (NASDAQ: ALVO, or the “Company”), a global biotech company specializing in the development and manufacture of biosimilar medicines for patients worldwide, to...

5 weeks ago - GlobeNewsWire

Potential U.S. Tariffs on Pharmaceuticals Expected to Have Minimal Impact on Alvotech's Product Revenues in 2025

Alvotech (NASDAQ: ALVO) (the “Company”) a global biotech company specializing in the development and manufacture of biosimilar medicines for patients worldwide, today issued a statement on the anticip...

5 weeks ago - GlobeNewsWire

Alvotech Announces Webcast of First Quarter 2025 Financial Results on May 8, 2025, at 8:00 am EDT (14:00 CET)

Alvotech (NASDAQ: ALVO), a global biotech company specialized in the development and manufacture of biosimilar medicines for patients worldwide, announced today that it will release financial results ...

5 weeks ago - GlobeNewsWire

Alvotech Announces Webcast of First Quarter 2025 Financial Results on May 8, 2025, at 8:00 am EDT

REYKJAVIK, Iceland, May 02, 2025 (GLOBE NEWSWIRE) -- Alvotech (NASDAQ: ALVO), a global biotech company specialized in the development and manufacture of biosimilar medicines for patients worldwide, an...

5 weeks ago - GlobeNewsWire

Alvotech: Potential Victim Of Pharma Tariff Threats (Rating Downgrade)

Alvotech's stock has dropped significantly due to potential tariffs and ongoing profitability challenges, despite strong revenue growth and a promising biosimilar pipeline. The company's reliance on I...

6 weeks ago - Seeking Alpha

This Is a Test From GlobeNewswire

This is a test from GlobeNewswire. Readers are advised to disregard.

Other symbols: CMPS
2 months ago - GlobeNewsWire

Alvotech (ALVO) Q4 2024 Earnings Call Transcript

Alvotech (NASDAQ:ALVO) Q4 2024 Earnings Conference Call March 27, 2025 8:00 AM ET Company Participants Robert Wessman - Chairman, Chief Executive Officer Anil Okay - Chief Commercial Officer Joseph M...

2 months ago - Seeking Alpha