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Alector, Inc. (ALEC)

Healthcare | Biotechnology | South San Francisco, United States | NasdaqGS
2.34 USD -0.05 (-2.092%) ⇩ (Aug. 28, 2026, 4 p.m. EDT)
After hours: 2.34

Short-term:★★☆☆☆Long-term:⯪☆☆☆☆Dividends:☆☆☆☆☆
Hot Take | Aug. 22, 2026, 5:31 a.m. EDT

The investment case for Alector is effectively broken by a catastrophic multi-year decline and deteriorating fundamentals. The stock has lost over 83% of its value since 2019, with four consecutive years of negative annual returns, signaling a deep structural deterioration rather than a temporary setback. Fundamentally, the company is hemorrhaging cash with negative free cash flow, shrinking revenues, and a negative return on equity, exacerbated by the termination of a major partnership with GSK. While the analyst consensus suggests a modest recovery to $3.10, this ignores the harsh reality of the business trajectory. Options activity confirms this pessimism, with traders aggressively buying protection via puts while offering almost no call exposure. There is no safe entry here; the combination of eroding assets, failed partnerships, and relentless price decay warrants avoidance.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
MSTL ✓0.153235
AutoETS0.157051
AutoARIMA0.157053
AutoTheta0.387335

Forecast horizon: 45 days | Selected: MSTL

Forecast Reliability
Score 37%
H-stat 1.26
Ljung-Box p 0.000
Jarque-Bera p 0.241
Excess Kurtosis -0.93
Attribute Value
Sector Healthcare
Revenue per Share 0.128
Market Cap 261,277,184
Forward P/E -3.14
Beta 0.58
Website https://www.alector.com

As of Aug. 22, 2026, 5:31 a.m. EDT: Speculators are overwhelmingly bearish, positioning heavy put volume and open interest at strikes below the current price (1.5 and 2.0) for the October expiration, while call activity is negligible and concentrated at-the-money. The January expiration shows massive put volume relative to open interest, indicating a strong hedging or speculative bet against a significant downside move, whereas call interest remains flat.


Info Dump

Attribute Value
52 Week Change -0.09652507
Address1 131 Oyster Point Boulevard
Address2 Suite 600
All Time High 43.32
All Time Low 0.87
Ask 2.98
Ask Size 2
Audit Risk 6
Average Analyst Rating 2.6 - Hold
Average Daily Volume10 Day 1,437,370
Average Daily Volume3 Month 1,003,819
Average Volume 1,003,819
Average Volume10Days 1,437,370
Beta 0.58
Bid 1.7
Bid Size 2
Board Risk 6
Book Value -0.089
City South San Francisco
Compensation As Of Epoch Date 1,767,139,200
Compensation Risk 9
Country United States
Crypto Tradeable 0
Currency USD
Current Price 2.34
Current Ratio 5.26
Custom Price Alert Confidence HIGH
Date Short Interest 1,786,665,600
Day High 2.44
Day Low 2.315
Display Name Alector
Earnings Call Timestamp End 1,754,598,600
Earnings Call Timestamp Start 1,754,598,600
Earnings Timestamp End 1,793,908,800
Earnings Timestamp Start 1,793,908,800
Ebitda -119,029,000
Ebitda Margins 0.0
Enterprise To Ebitda -1.019
Enterprise To Revenue 8.745
Enterprise Value 121,237,192
Eps Current Year -0.86333
Eps Forward -0.74571
Eps Trailing Twelve Months -1.06
Esg Populated 0
Exchange NMS
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 1.8345
Fifty Day Average Change 0.50549996
Fifty Day Average Change Percent 0.27555192
Fifty Two Week Change Percent -9.652508
Fifty Two Week High 3.4
Fifty Two Week High Change -1.0600002
Fifty Two Week High Change Percent -0.31176475
Fifty Two Week Low 1.09
Fifty Two Week Low Change 1.2499999
Fifty Two Week Low Change Percent 1.1467888
Fifty Two Week Range 1.09 - 3.4
Financial Currency USD
First Trade Date Milliseconds 1,549,549,800,000
Float Shares 94,432,723
Forward Eps -0.74571
Forward P E -3.137949
Free Cashflow -107,252,496
Full Exchange Name NasdaqGS
Full Time Employees 103
Fullday Change -0.0500002
Fullday Change Percent -2.09206
Fullday Price 2.34
Gmt Off Set Milliseconds -14,400,000
Governance Epoch Date 1,785,542,400
Gross Margins 0.0
Gross Profits -85,267,000
Has Pre Post Market Data 1
Held Percent Insiders 0.096140005
Held Percent Institutions 0.84907997
Implied Shares Outstanding 111,656,919
Industry Biotechnology
Industry Disp Biotechnology
Industry Key biotechnology
Is Earnings Date Estimate 1
Language en-US
Last Fiscal Year End 1,767,139,200
Long Business Summary Alector, Inc., a clinical stage biotechnology company, develops therapies to counteract the progression of neurodegeneration in the United States. Its pipeline includes Nivisnebart, an investigational human recombinant monoclonal antibody for treating prevalent neurodegenerative diseases; AL137, an anti-amyloid beta antibody paired in preclinical development for the potential treatment of Alzheimer's disease; and AL050, a GCase enzyme replacement therapy in preclinical development for the potential treatment of Parkinson's disease and Lewy body dementia in patients having GBA1 gene mutations. The company also develops its preclinical and research pipeline comprising AL064, a tau siRNA for Alzheimer's disease and other tauopathies; ADP062-ABC, an alpha-synuclein siRNA for Parkinson's disease; and ADP065-ABC, an NLRP3 siRNA for neurodegenerative conditions. It has a strategic collaboration agreement with GlaxoSmithKline plc for the development and commercialization of progranulin-elevating monoclonal antibodies, including Latozinemab and Nivisnebart. The company was founded in 2013 and is headquartered in South San Francisco, California.
Long Name Alector, Inc.
Market us_market
Market Cap 261,277,184
Market State CLOSED
Max Age 86,400
Message Board Id finmb_249249899
Most Recent Quarter 1,782,777,600
Net Income To Common -117,854,000
Next Fiscal Year End 1,798,675,200
Non Diluted Market Cap 267,976,605
Number Of Analyst Opinions 5
Open 2.39
Operating Cashflow -158,232,000
Operating Margins -7.34729
Overall Risk 8
Payout Ratio 0.0
Phone 415 231 5660
Post Market Change 0.0
Post Market Change Percent 0.0
Post Market Price 2.34
Post Market Time 1,787,959,806
Previous Close 2.39
Price Eps Current Year -2.7104352
Price Hint 4
Price To Book -26.292133
Price To Sales Trailing12 Months 18.847088
Profit Margins 0.0
Quick Ratio 5.047
Quote Source Name Nasdaq Real Time Price
Quote Type EQUITY
Recommendation Key hold
Recommendation Mean 2.625
Region US
Regular Market Change -0.0500002
Regular Market Change Percent -2.09206
Regular Market Day High 2.44
Regular Market Day Low 2.315
Regular Market Day Range 2.315 - 2.44
Regular Market Open 2.39
Regular Market Previous Close 2.39
Regular Market Price 2.34
Regular Market Time 1,787,947,201
Regular Market Volume 542,221
Return On Assets -0.27617002
Return On Equity -3.85112
Revenue Growth -0.578
Revenue Per Share 0.128
Sand P52 Week Change 0.20204377
Sector Healthcare
Sector Disp Healthcare
Sector Key healthcare
Share Holder Rights Risk 8
Shares Outstanding 111,656,919
Shares Percent Shares Out 0.0529
Shares Short 5,901,581
Shares Short Previous Month Date 1,784,073,600
Shares Short Prior Month 5,664,933
Short Name Alector, Inc.
Short Percent Of Float 0.055999998
Short Ratio 5.96
Source Interval 15
State CA
Symbol ALEC
Target High Price 6.0
Target Low Price 1.0
Target Mean Price 3.1
Target Median Price 2.0
Total Cash 172,798,000
Total Cash Per Share 1.548
Total Debt 32,758,000
Total Revenue 13,863,000
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing Eps -1.06
Trailing Peg Ratio None
Triggerable 1
Two Hundred Day Average 1.893325
Two Hundred Day Average Change 0.44667494
Two Hundred Day Average Change Percent 0.2359209
Type Disp Equity
Volume 542,221
Website https://www.alector.com
Zip 94,080