Alvotech (ALVO)

NASDAQ: ALVO · Real-Time Price · USD
9.38
+1.44 (18.14%)
May 8, 2025, 4:00 PM - Market closed
18.14%
Market Cap 2.83B
Revenue (ttm) 587.89M
Net Income (ttm) 96.55M
Shares Out 301.81M
EPS (ttm) 0.34
PE Ratio 27.67
Forward PE 23.28
Dividend n/a
Ex-Dividend Date n/a
Volume 1,027,004
Open 9.30
Previous Close 7.94
Day's Range 9.03 - 10.20
52-Week Range 7.35 - 14.65
Beta -0.02
Analysts Buy
Price Target 18.00 (+91.9%)
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
(91.90% upside)
Analyst Consensus: Buy
Stock Forecasts

News

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 ...

1 day 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...

1 day 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...

1 day 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...

1 day 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 ...

6 days 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...

6 days 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...

8 days ago - Seeking Alpha

This Is a Test From GlobeNewswire

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

Other symbols: CMPS
5 weeks 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...

6 weeks ago - Seeking Alpha

Alvotech Appoints Dr. Balaji V. Prasad as Chief Strategy Officer

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

6 weeks ago - GlobeNewsWire

Alvotech Reports Record Results for 2024 and Provides Business Update

Alvotech (NASDAQ: ALVO, or the “Company”), a global biotech company specializing in the development and manufacture of biosimilar medicines for patients worldwide, today reported financial results for...

6 weeks ago - GlobeNewsWire

Alvotech Reports Record Results for 2024 and Provides Business Update

REYKJAVIK, Iceland, March 26, 2025 (GLOBE NEWSWIRE) -- Alvotech (NASDAQ: ALVO, or the “Company”), a global biotech company specializing in the development and manufacture of biosimilar medicines for p...

6 weeks ago - GlobeNewsWire

UK Medicines and Healthcare Products Regulatory Agency Confirms Acceptance of Marketing Authorization Application for Proposed Biosimilar to Xolair® (omalizumab)

REYKJAVIK, Iceland, PISCATAWAY, N.J. and LONDON, March 26, 2025 (GLOBE NEWSWIRE) -- Alvotech (NASDAQ: ALVO), a global biotech company specializing in the development and manufacturing of biosimilar me...

6 weeks ago - GlobeNewsWire

UK Medicines and Healthcare Products Regulatory Agency Confirms Acceptance of Marketing Authorization Application for Proposed Biosimilar to Xolair® (omalizumab)

Alvotech (NASDAQ: ALVO), a global biotech company specializing in the development and manufacturing of biosimilar medicines for patients worldwide, Kashiv Biosciences LLC (“Kashiv”), a fully integrate...

6 weeks ago - GlobeNewsWire

Alvotech Acquires Xbrane's R&D Operations in Sweden and Further Affirms its Global Leadership Position in Biosimilars Development and Production

Alvotech (NASDAQ: ALVO), a global biotech company specializing in the development and manufacture of biosimilar medicines for patients worldwide, today announced the acquisition of Xbrane Biopharma AB...

7 weeks ago - GlobeNewsWire

Alvotech Acquires Xbrane's R&D Operations in Sweden and Further Affirms its Global Leadership Position in Biosimilars Development and Production

Alvotech acquires all Xbrane's operations and Cimizia biosimilar candidate, further expanding development capabilities, considers listing on Swedish market

7 weeks ago - GlobeNewsWire

Alvotech Meeting Investors and Participates in Fireside Chat At Barclays 27th Global Healthcare Conference in Miami, Florida

Alvotech (NASDAQ: ALVO), a global biotech company specializing in the development and manufacture of biosimilar medicines for patients worldwide, announced today its participation in Barclays 27th Ann...

2 months ago - GlobeNewsWire

Alvotech to Report Full Year Financial Results for 2024 on March 26, 2025, and Hosts Conference Call on March 27, 2025, at 8:00 am ET

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 ...

2 months ago - GlobeNewsWire

Teva Pharma and Alvotech launch US biosimilar to J&J's Stelara

Teva Pharmaceuticals and Alvotech said on Friday they have launched a biosimilar to Johnson & Johnson's autoimmune drug Stelara in the United States.

Other symbols: JNJTEVA
2 months ago - Reuters

Teva and Alvotech Announce SELARSDI™ (ustekinumab-aekn) Injection Now Available in the U.S.

REYKJAVIK, Iceland and PARSIPPANY, N.J., Feb. 21, 2025 (GLOBE NEWSWIRE) -- Teva Pharmaceuticals, a U.S. affiliate of Teva Pharmaceutical Industries Ltd. (NYSE and TASE: TEVA), and Alvotech (NASDAQ: AL...

2 months ago - GlobeNewsWire

FDA To Review Teva and Alvotech Drug That Could Compete With Regeneron's Eylea

Teva Pharmaceutical Industries (TEVA) and partner Alvotech (ALVO) said the Food and Drug Administration (FDA) agreed to review their AVTO6 treatment for eye disorders.

Other symbols: TEVA
2 months ago - Investopedia

Alvotech and Teva Announce Filing Acceptance of U.S. Biologics License Application for AVT06, a Proposed Biosimilar to Eylea® (aflibercept)

REYKJAVIK, Iceland and PARSIPPANY, N.J., Feb. 18, 2025 (GLOBE NEWSWIRE) -- Alvotech (NASDAQ: ALVO), a global biotech company specializing in the development and manufacture of biosimilar medicines for...

2 months ago - GlobeNewsWire

Alvotech and Teva Announce Filing Acceptance of U.S. Biologics License Applications for AVT05, a Proposed Biosimilar to Simponi® and Simponi Aria® (golimumab)

Alvotech (NASDAQ: ALVO), a global biotech company specializing in the development and manufacture of biosimilar medicines for patients worldwide, and Teva Pharmaceuticals, a U.S. affiliate of Teva Pha...

3 months ago - GlobeNewsWire

Alvotech Added to Nasdaq Biotech Index Effective Monday December 23, 2024

REYKJAVIK, Iceland, Dec. 23, 2024 (GLOBE NEWSWIRE) -- Alvotech (NASDAQ: ALVO), a global biotech company specializing in the development and manufacture of biosimilar medicines for patients worldwide, ...

4 months ago - GlobeNewsWire

Alvotech's Position In The Coming Biosimilar Gold Rush

Alvotech focuses on biosimilars, aiming to lower healthcare costs amid rising drug prices and regulatory pressure against price hikes. Alvotech's aggressive market expansion shows promise with signifi...

6 months ago - Seeking Alpha