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Alphatec Holdings, Inc. (ATEC)

Healthcare | Medical Devices | Carlsbad, United States | NasdaqGS
11.10 USD +0.28 (2.588%) ⇧ (April 17, 2026, 4 p.m. EDT)
After hours: 11.08 -0.02 (-0.021%) ⇩ (April 17, 2026, 5:48 p.m. EDT)

Short-term: ★★☆☆☆ | Long-term: ★★★★☆ | Dividends: ☆☆☆☆☆
Hot Take | April 19, 2026, 12:53 a.m. EDT

Alphatec is a fundamental 'destroy-to-create' play: the immediate outlook is terrible (negative earnings, revenue growth decelerating, negative operating margins) justifying avoidance for income, but the long-term valuation (roughly 2x sales, massive debt-to-equity, but a forward P/E of 19x on upcoming profitability) matches a classic early-stage biotech recovery narrative. The rocket-trading activity in OTM calls signals the market is betting on a name change or a monster recovery in the next 12 months. For a swing trader, this is a volatile shot in the dark; for a multi-year investor, it is a deep-value turnaround at a price that still implies 3-4x projected revenue by 2030.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
MSTL ✓0.180022
AutoARIMA0.189748
AutoETS0.189751
AutoTheta0.199178

Forecast horizon: 45 days | Selected: MSTL

Forecast Reliability
Score 44%
H-stat 9.56
Ljung-Box p 0.000
Jarque-Bera p 0.313
Excess Kurtosis -1.10
Attribute Value
Sector Healthcare
Debt to Equity Ratio 1654.478
Revenue per Share 5.092
Market Cap 1,680,058,624
Forward P/E 19.31
Beta 1.12
Profit Margins -18.76%
Website https://www.atecspine.com

As of April 19, 2026, 12:53 a.m. EDT: Speculators exhibit a distinct bullish bias in near-to-intermediate term positioning. The call side shows significant Open Interest (OI) on strikes $17.5 ($25k), $25.0 ($97k), and $22.5 ($475k) for expirations beyond 3-6 months, while put OI is heavily skewed deep in-the-monthly and deeply ITM for 2027+. The $12.5 strike holds the most OI on the immediate May expiration, suggesting a neutral-to-slight downside hedge, but the heavy heavy OTM call wall for 2027 indicates a 'momentum play' or 'catch-up trade' strategy where traders expect a significant rally (>70% appreciation to $25+) to pay off long-dated calls, implying high volatility or a fundamental turnaround story.


Info Dump

Attribute Value
52 Week Change 0.043233037
Address1 1,950 Camino Vida Roble
All Time High 105.6
All Time Low 1.18
Ask 11.14
Ask Size 3
Audit Risk 2
Average Analyst Rating 1.3 - Strong Buy
Average Daily Volume10 Day 2,020,830
Average Daily Volume3 Month 2,595,340
Average Volume 2,595,340
Average Volume10Days 2,020,830
Beta 1.119
Bid 11.08
Bid Size 3
Board Risk 8
Book Value 0.083
City Carlsbad
Compensation As Of Epoch Date 1,735,603,200
Compensation Risk 6
Country United States
Crypto Tradeable 0
Currency USD
Current Price 11.1
Current Ratio 2.057
Custom Price Alert Confidence HIGH
Date Short Interest 1,774,915,200
Day High 11.425
Day Low 10.975
Debt To Equity 1,654.478
Display Name Alphatec
Dividend Date 1,472,083,200
Earnings Call Timestamp End 1,771,968,600
Earnings Call Timestamp Start 1,771,968,600
Earnings Timestamp 1,771,966,800
Earnings Timestamp End 1,777,579,200
Earnings Timestamp Start 1,777,579,200
Ebitda 19,526,000
Ebitda Margins 0.02555
Enterprise To Ebitda 109.544
Enterprise To Revenue 2.799
Enterprise Value 2,138,947,456
Eps Current Year 0.28706
Eps Forward 0.57482
Eps Trailing Twelve Months -0.96
Esg Populated 0
Exchange NMS
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fax 800 431 9722
Fifty Day Average 12.4182
Fifty Day Average Change -1.3181992
Fifty Day Average Change Percent -0.10615058
Fifty Two Week Change Percent 4.3233037
Fifty Two Week High 23.29
Fifty Two Week High Change -12.190001
Fifty Two Week High Change Percent -0.5234006
Fifty Two Week Low 10.11
Fifty Two Week Low Change 0.9900007
Fifty Two Week Low Change Percent 0.09792292
Fifty Two Week Range 10.11 - 23.29
Financial Currency USD
First Trade Date Milliseconds 1,150,119,000,000
Float Shares 119,020,792
Forward Eps 0.57482
Forward P E 19.310394
Free Cashflow 56,146,000
Full Exchange Name NasdaqGS
Full Time Employees 913
Gmt Off Set Milliseconds -14,400,000
Governance Epoch Date 1,775,001,600
Gross Margins 0.69605005
Gross Profits 531,888,000
Has Pre Post Market Data 1
Held Percent Insiders 0.22179002
Held Percent Institutions 0.81531996
Implied Shares Outstanding 151,356,620
Industry Medical Devices
Industry Disp Medical Devices
Industry Key medical-devices
Ir Website http://investors.alphatecspine.com/
Is Earnings Date Estimate 1
Language en-US
Last Fiscal Year End 1,767,139,200
Last Split Date 1,472,083,200
Last Split Factor 1:12
Long Business Summary Alphatec Holdings, Inc., a medical technology company, designs, develops, and advances technologies for the surgical treatment of spinal disorders in the United States and internationally. The company manufactures and sells implants, instruments, imaging equipment, and spare parts. It offers Alpha InformatiX product platform, including EOS imaging system that provides full-body imaging; SafeOp Neural InformatiX System that automates electromyographic, somatosensory evoked potential, and motor evoked potential monitoring; and Valence, an intra-operative system that integrates navigation and robotics into spine procedures, as well as Sigma Prone TransPsoas (PTP) Access and PTP Patient Positioning Systems. It also provides split-blade retractors; Sigma-ALIF Access System, a procedure-specific access system; spinal implants and fixation systems comprising NanoTec and Invictus, as well as various standalone implants for height restoration and stabilization. In addition, the company provides biologics comprising 3D ProFuse Osteoconductive Bioscaffold; AlphaGRAFT Demineralized Bone Matrix (DBM) comprising demineralized human tissue; BioCORE Moldable Bioactive Graft, a synthetic mineral-collagen composite matrix that can be molded to fit the bone defect; AlphaGRAFT DBM Fibers comprising demineralized fibers; AlphaGRAFT Cellular Bone Matrix (CBM), a growth factor-enriched cellular bone matrix; AlphaGRAFT CBM that is delivered in granular, fiber, or structural form; and Amnioshield Amniotic Tissue Barrier, an allograft for spinal surgical barrier applications. The company sells its products through a network of independent sales agents and direct sales representatives. The company was founded in 1990 and is headquartered in Carlsbad, California.
Long Name Alphatec Holdings, Inc.
Market us_market
Market Cap 1,680,058,624
Market State CLOSED
Max Age 86,400
Message Board Id finmb_21766771
Most Recent Quarter 1,767,139,200
Net Income To Common -143,358,000
Next Fiscal Year End 1,798,675,200
Non Diluted Market Cap 1,681,572,048
Number Of Analyst Opinions 12
Open 11.17
Operating Cashflow 45,231,000
Operating Margins -0.025179999
Overall Risk 5
Payout Ratio 0.0
Peg Ratio 0.48
Phone 760 431 9286
Post Market Change -0.020600319
Post Market Change Percent -0.18558845
Post Market Price 11.0794
Post Market Time 1,776,462,488
Previous Close 10.82
Price Eps Current Year 38.667877
Price Hint 2
Price To Book 133.73495
Price To Sales Trailing12 Months 2.1985836
Profit Margins -0.1876
Quick Ratio 1.217
Quote Source Name Nasdaq Real Time Price
Quote Type EQUITY
Recommendation Key strong_buy
Recommendation Mean 1.33333
Region US
Regular Market Change 0.280001
Regular Market Change Percent 2.58781
Regular Market Day High 11.425
Regular Market Day Low 10.975
Regular Market Day Range 10.975 - 11.425
Regular Market Open 11.17
Regular Market Previous Close 10.82
Regular Market Price 11.1
Regular Market Time 1,776,456,001
Regular Market Volume 2,558,268
Return On Assets -0.046240002
Return On Equity -6.30658
Revenue Growth 0.204
Revenue Per Share 5.092
Sand P52 Week Change 0.38150132
Sector Healthcare
Sector Disp Healthcare
Sector Key healthcare
Share Holder Rights Risk 4
Shares Outstanding 151,356,620
Shares Percent Shares Out 0.0988
Shares Short 14,949,106
Shares Short Previous Month Date 1,772,150,400
Shares Short Prior Month 13,742,788
Short Name Alphatec Holdings, Inc.
Short Percent Of Float 0.1192
Short Ratio 6.33
Source Interval 15
State CA
Symbol ATEC
Target High Price 28.0
Target Low Price 20.0
Target Mean Price 24.25
Target Median Price 25.0
Total Cash 160,806,000
Total Cash Per Share 1.062
Total Debt 596,092,032
Total Revenue 764,155,008
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing Eps -0.96
Trailing Peg Ratio None
Triggerable 1
Two Hundred Day Average 15.432
Two Hundred Day Average Change -4.332
Two Hundred Day Average Change Percent -0.28071538
Type Disp Equity
Volume 2,558,268
Website https://www.atecspine.com
Zip 92,008