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Alpha Cognition Inc. (ACOG)

Healthcare | Biotechnology | Grapevine, United States | NasdaqCM
9.16 USD -0.58 (-5.907%) ⇩ (Aug. 28, 2026, 4 p.m. EDT)
After hours: 9.42 +0.26 (2.838%) ⇧ (Aug. 28, 2026, 7:33 p.m. EDT)

Short-term:★★⯪☆☆Long-term:★★⯪☆☆Dividends:☆☆☆☆☆
Hot Take | Aug. 22, 2026, 3:31 a.m. EDT

Alpha Cognition presents a classic high-risk biotech profile where speculative enthusiasm clashes with deteriorating financial reality. While the stock recently surged and analysts have upgraded it to a 'strong buy' with a lofty $18 target, the underlying business is bleeding cash aggressively, burning through nearly $31 million in free cash flow while posting negative operating margins. The balance sheet, though currently bolstered by a large cash pile, faces an existential threat if revenue growth cannot accelerate to offset these burn rates. The lack of a dividend and negative earnings confirm this is purely a capital appreciation play dependent on clinical success rather than operational profitability. For investors, the recent price action suggests a temporary rally driven by hype, but the fundamental trajectory remains precarious without a proven path to sustainable profitability.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
MSTL ✓0.262663
AutoTheta0.267387
AutoETS0.267503
AutoARIMA0.267504

Forecast horizon: 45 days | Selected: MSTL

Forecast Reliability
Score 29%
H-stat 2.64
Ljung-Box p 0.000
Jarque-Bera p 0.004
Excess Kurtosis 1.72
Attribute Value
Sector Healthcare
Revenue per Share 0.742
Market Cap 199,485,264
Forward P/E -14.77
Beta 2.23
Profit Margins -137.70%
Previous Name Crystal Bridge Enterprises Inc.
Website https://www.alphacognition.com

As of Aug. 22, 2026, 3:31 a.m. EDT: Speculators are positioning for a modest upside move in the near term, evidenced by heavy out-of-the-money call open interest relative to puts for the August expiration. However, the February expiration shows a distinct divergence with significantly higher put volume and open interest compared to calls, suggesting a hedge against a potential deeper correction later in the year. Implied volatility is elevated for the immediate August expiry, indicating uncertainty around the upcoming earnings date.


Info Dump

Attribute Value
52 Week Change 0.1239264
Address1 1,452 Hughes Street
Address2 Suite 200
All Time High 11.54
All Time Low 3.75
Ask 9.54
Ask Size 1
Average Analyst Rating 1.4 - Strong Buy
Average Daily Volume10 Day 223,070
Average Daily Volume3 Month 98,107
Average Volume 98,107
Average Volume10Days 223,070
Beta 2.232
Bid 9.34
Bid Size 1
Book Value 2.432
City Grapevine
Compensation As Of Epoch Date 1,767,139,200
Country United States
Crypto Tradeable 0
Currency USD
Current Price 9.16
Current Ratio 9.033
Custom Price Alert Confidence HIGH
Date Short Interest 1,786,665,600
Day High 9.81
Day Low 9.04
Display Name Alpha Cognition
Earnings Call Timestamp End 1,786,653,000
Earnings Call Timestamp Start 1,786,653,000
Earnings Timestamp 1,786,651,200
Earnings Timestamp End 1,794,513,600
Earnings Timestamp Start 1,794,513,600
Ebitda -26,487,652
Ebitda Margins -1.73568
Enterprise To Ebitda -5.969
Enterprise To Revenue 10.36
Enterprise Value 158,101,040
Eps Current Year -1.26
Eps Forward -0.62
Eps Trailing Twelve Months -0.9
Esg Populated 0
Exchange NCM
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 8.337
Fifty Day Average Change 0.82299995
Fifty Day Average Change Percent 0.09871656
Fifty Two Week Change Percent 12.39264
Fifty Two Week High 10.14
Fifty Two Week High Change -0.9800005
Fifty Two Week High Change Percent -0.09664699
Fifty Two Week Low 4.5
Fifty Two Week Low Change 4.66
Fifty Two Week Low Change Percent 1.0355555
Fifty Two Week Range 4.5 - 10.14
Financial Currency USD
First Trade Date Milliseconds 1,731,421,800,000
Float Shares 11,611,741
Forward Eps -0.62
Forward P E -14.774193
Free Cashflow -28,530,086
Full Exchange Name NasdaqCM
Full Time Employees 71
Fullday Change -0.575
Fullday Change Percent -5.90652
Fullday Price 9.42
Gmt Off Set Milliseconds -14,400,000
Gross Margins 0.90375
Gross Profits 13,791,792
Has Pre Post Market Data 1
Held Percent Insiders 0.053260002
Held Percent Institutions 0.5332
Implied Shares Outstanding 21,777,868
Industry Biotechnology
Industry Disp Biotechnology
Industry Key biotechnology
Ipo Expected Date 2,024-11-12
Is Earnings Date Estimate 1
Language en-US
Last Fiscal Year End 1,767,139,200
Long Business Summary Alpha Cognition Inc., a biopharmaceutical company, engages in the development of treatments for patients suffering from neurodegenerative diseases in the United States and Canada. The company's commercial development program includes ZUNVEYL oral tablet formulation for treating Alzheimer's disease. Its pre-clinical development programs comprise ZUNVEYL in combination with memantine for the treatment of moderate-to-severe Alzheimer's disease; ALPHA-1062 sublingual formulation; ALPHA-1062 intranasal formulation for the treatment of cognitive impairment with mild traumatic brain injury; and ALPHA-0602, ALPHA-0702, and ALPHA-0802 programs for the treatment of neurodegenerative diseases, including amyotrophic lateral sclerosis disease and spinal muscular atrophy. Alpha Cognition Inc. was founded in 2000 and is headquartered in Grapevine, Texas.
Long Name Alpha Cognition Inc.
Market us_market
Market Cap 199,485,264
Market State CLOSED
Max Age 86,400
Message Board Id finmb_314597563
Most Recent Quarter 1,782,777,600
Name Change Date 2,026-08-29
Net Income To Common -21,013,332
Next Fiscal Year End 1,798,675,200
Non Diluted Market Cap 212,007,544
Number Of Analyst Opinions 5
Open 9.65
Operating Cashflow -30,853,300
Operating Margins -1.27294
Payout Ratio 0.0
Phone 858 344 4375
Post Market Change 0.26000023
Post Market Change Percent 2.8384304
Post Market Price 9.42
Post Market Time 1,787,960,029
Prev Name Crystal Bridge Enterprises Inc.
Previous Close 9.735
Price Eps Current Year -7.269841
Price Hint 2
Price To Book 3.7664475
Price To Sales Trailing12 Months 13.071824
Profit Margins -1.37696
Quick Ratio 7.307
Quote Source Name Nasdaq Real Time Price
Quote Type EQUITY
Recommendation Key strong_buy
Recommendation Mean 1.4
Region US
Regular Market Change -0.575
Regular Market Change Percent -5.90652
Regular Market Day High 9.81
Regular Market Day Low 9.04
Regular Market Day Range 9.04 - 9.81
Regular Market Open 9.65
Regular Market Previous Close 9.735
Regular Market Price 9.16
Regular Market Time 1,787,947,201
Regular Market Volume 137,190
Return On Assets -0.30395
Return On Equity -0.49526
Revenue Growth 2.676
Revenue Per Share 0.742
Sand P52 Week Change 0.20204377
Sector Healthcare
Sector Disp Healthcare
Sector Key healthcare
Shares Outstanding 21,777,868
Shares Percent Shares Out 0.0094
Shares Short 203,932
Shares Short Previous Month Date 1,784,073,600
Shares Short Prior Month 215,576
Short Name Alpha Cognition Inc.
Short Percent Of Float 0.0117999995
Short Ratio 1.9
Source Interval 15
State TX
Symbol ACOG
Target High Price 21.0
Target Low Price 12.0
Target Mean Price 18.0
Target Median Price 20.0
Total Cash 41,384,288
Total Cash Per Share 1.9
Total Debt 0
Total Revenue 15,260,706
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing Eps -0.9
Trailing Peg Ratio None
Triggerable 1
Two Hundred Day Average 6.52505
Two Hundred Day Average Change 2.6349497
Two Hundred Day Average Change Percent 0.4038206
Type Disp Equity
Volume 137,190
Website https://www.alphacognition.com
Zip 76,051