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ALX Oncology Holdings Inc. (ALXO)

Healthcare | Biotechnology | South San Francisco, United States | NasdaqGS
2.00 USD -0.05 (-2.439%) ⇩ (Aug. 28, 2026, 4 p.m. EDT)
After hours: 2.00

Short-term:★★☆☆☆Long-term:⯪☆☆☆☆Dividends:☆☆☆☆☆
Hot Take | Aug. 22, 2026, 5:39 a.m. EDT

The fundamental reality here is catastrophic. The stock has erased 97.4% of its value over the last five years, with four consecutive years of negative annual returns. Despite a recent headline about beating estimates and promising breast cancer data, the financials tell a different story: negative free cash flow, negative operating cash flow, and a return on equity of nearly -80%. The balance sheet is fragile, with debt significantly outweighing equity, and the market has priced this in with a negative forward P/E. While analysts offer a 'strong buy' recommendation with a $4.60 target, this is likely based on binary event risk (a successful trial) rather than sustainable business quality. The short-term rating is merely a 2 because the recent price action shows some stabilization, but the lack of dividends and the severe multi-year decline make this a dangerous speculative vehicle. The options activity confirms this tension: traders are hedging against total loss while hoping for a miraculous spike, but the underlying business fundamentals remain objectively broken.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
AutoTheta ✓0.104237
MSTL0.112563
AutoETS0.113745
AutoARIMA0.114339

Forecast horizon: 45 days | Selected: AutoTheta

Forecast Reliability
Score 39%
H-stat 0.02
Ljung-Box p 0.000
Jarque-Bera p 0.295
Excess Kurtosis -0.73
Attribute Value
Sector Healthcare
Debt to Equity Ratio 8.105
Market Cap 276,553,984
Forward P/E -3.72
Beta 0.40
Website https://www.alxoncology.com

As of Aug. 22, 2026, 5:39 a.m. EDT: Speculators are positioning for a volatile rebound rather than a steady grind higher. In the near term (August/September), heavy open interest sits at $3 strikes for calls, suggesting a bet on a sharp move away from current lows. However, the January 2027 data reveals a stark divergence: massive put volume and open interest at deep out-of-the-money strikes ($0.50, $1.50) alongside significant call volume at $3.00. This indicates a 'long gamma' strategy where traders are buying protection against a potential collapse while simultaneously betting on a recovery to $3+, reflecting extreme uncertainty about the company's survival versus a speculative turnaround.


Info Dump

Attribute Value
52 Week Change 0.99029124
Address1 323 Allerton Avenue
All Time High 117.45
All Time Low 0.404
Ask 2.54
Ask Size 2
Average Analyst Rating 1.4 - Strong Buy
Average Daily Volume10 Day 604,330
Average Daily Volume3 Month 1,315,564
Average Volume 1,315,564
Average Volume10Days 604,330
Beta 0.398
Bid 1.44
Bid Size 2
Book Value 0.985
City South San Francisco
Compensation As Of Epoch Date 1,767,139,200
Country United States
Crypto Tradeable 0
Currency USD
Current Price 2.0
Current Ratio 9.709
Custom Price Alert Confidence HIGH
Date Short Interest 1,786,665,600
Day High 2.04
Day Low 1.98
Debt To Equity 8.105
Display Name ALX Oncology
Earnings Call Timestamp End 1,778,243,400
Earnings Call Timestamp Start 1,778,243,400
Earnings Timestamp 1,786,019,400
Earnings Timestamp End 1,793,968,200
Earnings Timestamp Start 1,793,968,200
Ebitda -82,295,000
Ebitda Margins 0.0
Enterprise To Ebitda -1.815
Enterprise Value 149,362,992
Eps Current Year -0.64934
Eps Forward -0.53804
Eps Trailing Twelve Months -1.13
Esg Populated 0
Exchange NMS
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 1.992
Fifty Day Average Change 0.008000016
Fifty Day Average Change Percent 0.0040160725
Fifty Two Week Change Percent 99.02912
Fifty Two Week High 2.66
Fifty Two Week High Change -0.6600001
Fifty Two Week High Change Percent -0.24812032
Fifty Two Week Low 0.96
Fifty Two Week Low Change 1.04
Fifty Two Week Low Change Percent 1.0833334
Fifty Two Week Range 0.96 - 2.66
Financial Currency USD
First Trade Date Milliseconds 1,594,992,600,000
Float Shares 94,732,188
Forward Eps -0.53804
Forward P E -3.717196
Free Cashflow -41,156,124
Full Exchange Name NasdaqGS
Full Time Employees 48
Fullday Change -0.05
Fullday Change Percent -2.43902
Fullday Price 2.0
Gmt Off Set Milliseconds -14,400,000
Gross Margins 0.0
Has Pre Post Market Data 1
Held Percent Insiders 0.00892
Held Percent Institutions 0.84586
Implied Shares Outstanding 138,276,997
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 ALX Oncology Holdings Inc., a clinical-stage immuno-oncology company, focuses on developing therapies for cancer patients in the United States. The company's lead product candidate is Evorpacept, a CD47 blocking therapeutic biologic development as a combination therapy with other anti-cancer agents, including ASPEN-06, under phase 2 clinical study for treating Gastric/GEJ cancer. It has collaboration agreement for Evorpacept combination programs comprising Jazz Pharmaceuticals plc for zanidatamab, under phase 1b/2 trial for the treatment of breast cancer and other solid tumors; HER2 with an ADC, fam-trastuzumab deruxtecan-nxki, under phase 1 trial for the treatment of patients with breast cancer; ALX2004, under phase 1 clinical trial for treating solid tumors; MD Anderson Cancer Center with rituximab and lenalidomide for the treatment of patients with indolent and aggressive NHL; and Sanofi with isatuximab and dexamethasone, under phase 1/2 trial for the treatment of patients with relapsed or refractory multiple myeloma. It has license agreements with Board of Trustees of Leland Stanford Junior University. The company was incorporated in 2015 and is headquartered in South San Francisco, California.
Long Name ALX Oncology Holdings Inc.
Market us_market
Market Cap 276,553,984
Market State CLOSED
Max Age 86,400
Message Board Id finmb_301925264
Most Recent Quarter 1,782,777,600
Net Income To Common -80,890,000
Next Fiscal Year End 1,798,675,200
Non Diluted Market Cap 282,085,073
Number Of Analyst Opinions 5
Open 2.03
Operating Cashflow -70,778,000
Operating Margins 0.0
Payout Ratio 0.0
Phone 650 466 7125
Post Market Change 0.0
Post Market Change Percent 0.0
Post Market Price 2.0
Post Market Time 1,787,959,804
Previous Close 2.05
Price Eps Current Year -3.0800507
Price Hint 4
Price To Book 2.0304568
Profit Margins 0.0
Quick Ratio 9.434
Quote Source Name Nasdaq Real Time Price
Quote Type EQUITY
Recommendation Key strong_buy
Recommendation Mean 1.42857
Region US
Regular Market Change -0.05
Regular Market Change Percent -2.43902
Regular Market Day High 2.04
Regular Market Day Low 1.98
Regular Market Day Range 1.98 - 2.04
Regular Market Open 2.03
Regular Market Previous Close 2.05
Regular Market Price 2.0
Regular Market Time 1,787,947,201
Regular Market Volume 639,789
Return On Assets -0.40403
Return On Equity -0.80647004
Sand P52 Week Change 0.20504117
Sector Healthcare
Sector Disp Healthcare
Sector Key healthcare
Shares Outstanding 138,276,997
Shares Percent Shares Out 0.0551
Shares Short 7,612,189
Shares Short Previous Month Date 1,784,073,600
Shares Short Prior Month 7,460,211
Short Name ALX Oncology Holdings Inc.
Short Percent Of Float 0.061100002
Short Ratio 7.52
Source Interval 15
State CA
Symbol ALXO
Target High Price 6.0
Target Low Price 4.0
Target Mean Price 4.6
Target Median Price 4.0
Total Cash 138,228,992
Total Cash Per Share 1.0
Total Debt 11,038,000
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing Eps -1.13
Trailing Peg Ratio None
Triggerable 1
Two Hundred Day Average 1.80245
Two Hundred Day Average Change 0.19755006
Two Hundred Day Average Change Percent 0.10960086
Type Disp Equity
Volume 639,789
Website https://www.alxoncology.com
Zip 94,080