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Alumis Inc. (ALMS)

Healthcare | Biotechnology | South San Francisco, United States | NasdaqGS
28.10 USD -0.21 (-0.742%) ⇩ (July 13, 2026, 4 p.m. EDT)
After hours: 28.10

Short-term:★★⯪☆☆Long-term:★☆☆☆☆Dividends:☆☆☆☆☆
Hot Take | July 11, 2026, 6:10 a.m. EDT

The investment case for Alumis is currently bifurcated between a compelling narrative and a broken balance sheet. Fundamentally, the company is in distress: revenue has collapsed by 90%, operating margins are deeply negative, and the stock has erased over 70% of its value in the last year. While the pipeline shows promise with positive Phase 3 psoriasis data and strong analyst sentiment, the financial reality is stark—negative free cash flow and a lack of profitability suggest the business is burning capital without generating returns. The short-term outlook remains murky; despite the recent price recovery, the statistical forecasting models offer virtually no directional guidance due to extreme volatility and low reliability. Options data confirms this uncertainty, with traders aggressively buying cheap puts to hedge against further downside rather than betting on a sustained uptrend. Until the company demonstrates a path to profitability or a definitive commercialization milestone that justifies the massive valuation premium, the risk-reward profile remains skewed heavily toward caution.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
MSTL ✓0.089349
AutoTheta0.093915
AutoETS0.096095
AutoARIMA0.096725
MSTL_1020.272177

Forecast horizon: 60 days | Selected: MSTL

Forecast Reliability
Score 28%
H-stat 4.64
Ljung-Box p 0.000
Jarque-Bera p 0.804
Excess Kurtosis -0.38
Attribute Value
Sector Healthcare
Debt to Equity Ratio 6.29
Revenue per Share 0.082
Market Cap 3,582,524,672
Forward P/E -9.51
Beta -0.71
Website https://www.alumis.com

As of July 11, 2026, 6:10 a.m. EDT: Speculators are positioning defensively with heavy put volume concentrated in the near term (July and August), particularly at strikes significantly below the current price (e.g., $2, $4, $10), suggesting a fear of a sharp drop or a 'naked' short gamma event. Conversely, call activity is sparse and skewed toward deep out-of-the-money strikes ($40, $55 implied by news context), indicating a speculative hope for a binary catalyst-driven spike rather than a steady grind higher. The imbalance in open interest favors downside protection, while the lack of significant call open interest suggests the market does not expect a controlled rally.


Info Dump

Attribute Value
52 Week Change 6.8638887
Address1 280 East Grand Avenue
All Time High 31.35
All Time Low 2.76
Ask 35.02
Ask Size 2
Audit Risk 7
Average Analyst Rating 1.3 - Strong Buy
Average Daily Volume10 Day 2,352,150
Average Daily Volume3 Month 1,342,472
Average Volume 1,342,472
Average Volume10Days 2,352,150
Beta -0.713
Bid 20.24
Bid Size 2
Board Risk 8
Book Value 4.457
City South San Francisco
Compensation As Of Epoch Date 1,767,139,200
Compensation Risk 8
Country United States
Crypto Tradeable 0
Currency USD
Current Price 28.1
Current Ratio 7.509
Custom Price Alert Confidence HIGH
Date Short Interest 1,782,777,600
Day High 28.35
Day Low 27.18
Debt To Equity 6.29
Display Name Alumis
Earnings Timestamp 1,778,788,800
Earnings Timestamp End 1,786,564,800
Earnings Timestamp Start 1,786,564,800
Ebitda -435,260,992
Ebitda Margins 0.0
Enterprise To Ebitda -7.111
Enterprise To Revenue 368.394
Enterprise Value 3,095,245,568
Eps Current Year -2.902
Eps Forward -2.954
Eps Trailing Twelve Months -1.78
Esg Populated 0
Exchange NMS
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 23.7329
Fifty Day Average Change 4.3671
Fifty Day Average Change Percent 0.18401037
Fifty Two Week Change Percent 686.38885
Fifty Two Week High 31.35
Fifty Two Week High Change -3.25
Fifty Two Week High Change Percent -0.10366826
Fifty Two Week Low 3.245
Fifty Two Week Low Change 24.855
Fifty Two Week Low Change Percent 7.6594763
Fifty Two Week Range 3.245 - 31.35
Financial Currency USD
First Trade Date Milliseconds 1,719,581,400,000
Float Shares 85,842,900
Forward Eps -2.954
Forward P E -9.512526
Free Cashflow -206,754,624
Full Exchange Name NasdaqGS
Full Time Employees 225
Gmt Off Set Milliseconds -14,400,000
Governance Epoch Date 1,782,864,000
Gross Margins 1.0
Gross Profits 8,402,000
Has Pre Post Market Data 1
Held Percent Insiders 0.0061799996
Held Percent Institutions 0.99881
Implied Shares Outstanding 127,491,980
Industry Biotechnology
Industry Disp Biotechnology
Industry Key biotechnology
Ipo Expected Date 2,024-06-28
Is Earnings Date Estimate 1
Language en-US
Last Fiscal Year End 1,767,139,200
Long Business Summary Alumis Inc., a clinical stage biopharmaceutical company, focuses on the development and commercialization of medicines for autoimmune disorders. The company offers envudeucitinib, a tyrosine kinase 2 (TYK2) inhibitor for the treatment of plaque psoriasis and systemic lupus erythematosus; and A-005, a central nervous system-penetrant allosteric TYK2 inhibitor that is in Phase 1 for the treatment of neuroinflammatory and neurodegenerative diseases. It also develops lonigutamab, a monoclonal antibody targeting IGF-1R for the treatment of thyroid eye diseases; and interferon regulatory factor 5 (IRF5) to address immune dysfunction. The company was formerly known as Esker Therapeutics, Inc. and changed its name to Alumis Inc. in January 2022. Alumis Inc. was incorporated in 2021 and is headquartered in South San Francisco, California.
Long Name Alumis Inc.
Market us_market
Market Cap 3,582,524,672
Market State POSTPOST
Max Age 86,400
Message Board Id finmb_705657695
Most Recent Quarter 1,774,915,200
Net Income To Common -237,415,008
Next Fiscal Year End 1,798,675,200
Non Diluted Market Cap 3,610,572,873
Number Of Analyst Opinions 10
Open 28.07
Operating Cashflow -376,249,984
Operating Margins -56.52441
Overall Risk 10
Payout Ratio 0.0
Phone 650 231 6625
Post Market Change 0.0
Post Market Change Percent 0.0
Post Market Price 28.1
Post Market Time 1,783,981,118
Previous Close 28.31
Price Eps Current Year -9.682978
Price Hint 2
Price To Book 6.30469
Price To Sales Trailing12 Months 426.3895
Profit Margins 0.0
Quick Ratio 7.414
Quote Source Name Nasdaq Real Time Price
Quote Type EQUITY
Recommendation Key strong_buy
Recommendation Mean 1.27273
Region US
Regular Market Change -0.209999
Regular Market Change Percent -0.741784
Regular Market Day High 28.35
Regular Market Day Low 27.18
Regular Market Day Range 27.18 - 28.35
Regular Market Open 28.07
Regular Market Previous Close 28.31
Regular Market Price 28.1
Regular Market Time 1,783,972,801
Regular Market Volume 1,207,169
Return On Assets -0.58794
Return On Equity -0.64572996
Revenue Growth -0.9
Revenue Per Share 0.082
Sand P52 Week Change 0.20847368
Sector Healthcare
Sector Disp Healthcare
Sector Key healthcare
Share Holder Rights Risk 10
Shares Outstanding 123,432,072
Shares Percent Shares Out 0.1121
Shares Short 14,294,503
Shares Short Previous Month Date 1,780,012,800
Shares Short Prior Month 11,072,158
Short Name Alumis Inc.
Short Percent Of Float 0.19950001
Short Ratio 8.48
Source Interval 15
State CA
Symbol ALMS
Target High Price 55.0
Target Low Price 25.0
Target Mean Price 40.1
Target Median Price 39.5
Total Cash 522,943,008
Total Cash Per Share 4.102
Total Debt 35,664,000
Total Revenue 8,402,000
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing Eps -1.78
Trailing Peg Ratio None
Triggerable 1
Two Hundred Day Average 18.18255
Two Hundred Day Average Change 9.91745
Two Hundred Day Average Change Percent 0.54543775
Type Disp Equity
Volume 1,207,169
Website https://www.alumis.com
Zip 94,080