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Alignment Healthcare, Inc. (ALHC)

Healthcare | Healthcare Plans | Orange, United States | NasdaqGS
13.62 USD +0.06 (0.442%) ⇧ (Aug. 28, 2026, 4 p.m. EDT)
After hours: 13.62

Short-term:★★⯪☆☆Long-term:★★★⯪☆Dividends:☆☆☆☆☆
Hot Take | Aug. 22, 2026, 3:30 a.m. EDT

The investment case for Alignment Healthcare is currently bifurcated between a fundamentally improving business and severe legal overhangs. Fundamentally, the company is executing well: revenue grew 31.6% year-over-year, earnings jumped 143%, and the forward P/E of 17.5x suggests the market has already priced in a significant portion of the recovery. The balance sheet remains healthy with $700M in cash against manageable debt. However, the stock's recent performance tells a different story; despite these earnings beats, the share price has been under pressure, trading near its 52-week lows. This disconnect suggests the market is heavily weighting the pending securities fraud investigations and legal risks over the operational success. The short-term outlook remains murky due to this legal uncertainty. While the statistical forecast model offers a negligible upward lean, it lacks the conviction to overcome the headwinds of litigation. The options market reflects this tension perfectly: traders are buying protection for a potential drop in September while simultaneously betting on a rebound in August, creating a volatile environment unsuitable for a clear directional trade. For the long term, the business appears to be a solid buy-and-hold candidate given the growth trajectory and valuation, but investors must remain cautious until the legal clouds dissipate. The lack of a dividend yield further limits the defensive appeal during this period of uncertainty.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
MSTL ✓0.278317
AutoETS0.293929
AutoARIMA0.293932
AutoTheta0.307725

Forecast horizon: 45 days | Selected: MSTL

Forecast Reliability
Score 34%
H-stat 40.31
Ljung-Box p 0.000
Jarque-Bera p 0.073
Excess Kurtosis -1.66
Attribute Value
Sector Healthcare
Debt to Equity Ratio 124.655
Revenue per Share 22.524
Market Cap 2,825,266,688
Trailing P/E 71.68
Forward P/E 18.10
Beta 1.13
Profit Margins 0.89%
Previous Name Alignment Healthcare Inc.
Website https://www.alignmenthealth.com

As of Aug. 22, 2026, 3:30 a.m. EDT: Speculators are positioning for a significant downside event in the near term, evidenced by massive open interest in September 2026 puts at strikes well below the current price ($10.00 strike has 956 contracts OI vs only 318 in OTM calls). Conversely, the immediate August expiration shows heavy call positioning at $17.50 and $20.00 strikes, suggesting a 'long gamma' setup where traders expect a bounce or volatility expansion before the September crash. Longer-dated calls show accumulation at $25-$30 strikes, indicating a speculative bet on a recovery to previous highs, while deep out-of-the-money puts in late 2028 suggest a hedge against a permanent structural decline.


Info Dump

Attribute Value
52 Week Change -0.18149036
Address1 1,100 West Town and Country Road
Address2 Suite 1600
All Time High 28.592
All Time Low 4.46
Ask 13.6
Ask Size 1
Audit Risk 1
Average Analyst Rating 1.5 - Strong Buy
Average Daily Volume10 Day 3,941,580
Average Daily Volume3 Month 5,750,471
Average Volume 5,750,471
Average Volume10Days 3,941,580
Beta 1.131
Bid 9.86
Bid Size 2
Board Risk 8
Book Value 1.28
City Orange
Compensation As Of Epoch Date 1,767,139,200
Compensation Risk 7
Country United States
Crypto Tradeable 0
Currency USD
Current Price 13.62
Current Ratio 1.698
Custom Price Alert Confidence HIGH
Date Short Interest 1,786,665,600
Day High 13.87
Day Low 13.4
Debt To Equity 124.655
Display Name Alignment Healthcare
Earnings Call Timestamp End 1,785,445,200
Earnings Call Timestamp Start 1,785,445,200
Earnings Growth 1.429
Earnings Quarterly Growth 1.334
Earnings Timestamp 1,785,441,600
Earnings Timestamp End 1,793,304,000
Earnings Timestamp Start 1,793,304,000
Ebitda 87,417,000
Ebitda Margins 0.0191
Enterprise To Ebitda 28.073
Enterprise To Revenue 0.536
Enterprise Value 2,454,055,680
Eps Current Year 0.495
Eps Forward 0.7525
Eps Trailing Twelve Months 0.19
Esg Populated 0
Exchange NMS
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 18.0532
Fifty Day Average Change -4.4332
Fifty Day Average Change Percent -0.2455631
Fifty Two Week Change Percent -18.149036
Fifty Two Week High 25.12
Fifty Two Week High Change -11.500001
Fifty Two Week High Change Percent -0.45780256
Fifty Two Week Low 12.7
Fifty Two Week Low Change 0.9200001
Fifty Two Week Low Change Percent 0.07244095
Fifty Two Week Range 12.7 - 25.12
Financial Currency USD
First Trade Date Milliseconds 1,616,765,400,000
Float Shares 187,818,007
Forward Eps 0.7525
Forward P E 18.099669
Free Cashflow 188,581,872
Full Exchange Name NasdaqGS
Full Time Employees 1,849
Fullday Change 0.0599995
Fullday Change Percent 0.442474
Fullday Price 13.62
Gmt Off Set Milliseconds -14,400,000
Governance Epoch Date 1,785,542,400
Gross Margins 0.12549
Gross Profits 574,419,968
Has Pre Post Market Data 1
Held Percent Insiders 0.02775
Held Percent Institutions 1.15934
Implied Shares Outstanding 207,435,149
Industry Healthcare Plans
Industry Disp Healthcare Plans
Industry Key healthcare-plans
Ipo Expected Date 2,021-03-26
Is Earnings Date Estimate 0
Language en-US
Last Fiscal Year End 1,767,139,200
Long Business Summary Alignment Healthcare, Inc. operates a consumer-centric healthcare platform for seniors in the United States. It delivers customized healthcare experience to meet the needs of seniors through its Medicare Advantage plans. Alignment Healthcare, Inc. was founded in 2013 and is based in Orange, California.
Long Name Alignment Healthcare, Inc.
Market us_market
Market Cap 2,825,266,688
Market State CLOSED
Max Age 86,400
Message Board Id finmb_262793824
Most Recent Quarter 1,782,777,600
Name Change Date 2,026-08-29
Net Income To Common 40,699,000
Next Fiscal Year End 1,798,675,200
Non Diluted Market Cap 2,813,857,796
Number Of Analyst Opinions 13
Open 13.56
Operating Cashflow 205,548,992
Operating Margins 0.031519998
Overall Risk 7
Payout Ratio 0.0
Phone 844 310 2247
Post Market Change 0.0
Post Market Change Percent 0.0
Post Market Price 13.62
Post Market Time 1,787,959,805
Prev Name Alignment Healthcare Inc.
Previous Close 13.56
Price Eps Current Year 27.51515
Price Hint 2
Price To Book 10.640625
Price To Sales Trailing12 Months 0.6172304
Profit Margins 0.00889
Quick Ratio 1.461
Quote Source Name Nasdaq Real Time Price
Quote Type EQUITY
Recommendation Key strong_buy
Recommendation Mean 1.5
Region US
Regular Market Change 0.0599995
Regular Market Change Percent 0.442474
Regular Market Day High 13.87
Regular Market Day Low 13.4
Regular Market Day Range 13.4 - 13.87
Regular Market Open 13.56
Regular Market Previous Close 13.56
Regular Market Price 13.62
Regular Market Time 1,787,947,201
Regular Market Volume 3,085,751
Return On Assets 0.030650001
Return On Equity 0.20044
Revenue Growth 0.316
Revenue Per Share 22.524
Sand P52 Week Change 0.20204377
Sector Healthcare
Sector Disp Healthcare
Sector Key healthcare
Share Holder Rights Risk 8
Shares Outstanding 207,435,149
Shares Percent Shares Out 0.11350001
Shares Short 23,534,830
Shares Short Previous Month Date 1,784,073,600
Shares Short Prior Month 24,812,050
Short Name Alignment Healthcare, Inc.
Short Percent Of Float 0.1166
Short Ratio 4.26
Source Interval 15
State CA
Symbol ALHC
Target High Price 30.0
Target Low Price 16.0
Target Mean Price 24.07692
Target Median Price 25.0
Total Cash 701,710,976
Total Cash Per Share 3.383
Total Debt 330,500,000
Total Revenue 4,577,329,152
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing Eps 0.19
Trailing P E 71.68421
Trailing Peg Ratio None
Triggerable 1
Two Hundred Day Average 18.9532
Two Hundred Day Average Change -5.3331995
Two Hundred Day Average Change Percent -0.28138784
Type Disp Equity
Volume 3,085,751
Website https://www.alignmenthealth.com
Zip 92,868