Altimmune, Inc. (ALT)

NASDAQ: ALT · IEX Real-Time Price · USD
11.25
-0.37 (-3.18%)
At close: Dec 29, 2023, 4:00 PM
11.45
+0.20 (1.78%)
After-hours: Dec 29, 2023, 7:59 PM EST
-3.18%
Market Cap 604.45M
Revenue (ttm) 279,000
Net Income (ttm) -78.47M
Shares Out 53.73M
EPS (ttm) -1.55
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 9,190,220
Open 11.62
Previous Close 11.62
Day's Range 10.67 - 11.88
52-Week Range 2.09 - 17.17
Beta 0.01
Analysts Strong Buy
Price Target 13.80 (+22.67%)
Earnings Date Feb 27, 2024

About ALT

Altimmune, Inc., a clinical stage biopharmaceutical company, focuses on developing treatments for obesity and liver diseases. The company's lead product candidate, pemvidutide, a GLP-1/glucagon dual receptor agonist that is in Phase 2 trial for the treatment of obesity and non-alcoholic steatohepatitis. It is also developing HepTcell, an immunotherapeutic product candidate, which is in Phase 2 clinical trial for patients chronically infected with the hepatitis B virus. The company was formerly known as Vaxin Inc. and changed its name to Altimmu... [Read more]

Industry Biotechnology
Sector Healthcare
CEO Dr. Vipin K. Garg Ph.D.
Employees 52
Stock Exchange NASDAQ
Ticker Symbol ALT
Full Company Profile

Financial Performance

Financial Statements

Analyst Forecast

According to 5 analysts, the average rating for ALT stock is "Strong Buy." The 12-month stock price forecast is $13.8, which is an increase of 22.67% from the latest price.

Price Target
$13.8
(22.67% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Five obesity-drug trends to watch in 2024: Who can compete with Eli Lilly and Novo Nordisk?

The obesity drugs that powered huge investor gains in 2023 are poised to inspire more corporate dealmaking, scientific breakthroughs and better patient access in the year ahead, analysts say.

11 days ago - Market Watch

Can Altimmune's weight-loss drug be a game-changer?

The runaway success of weight-loss drugs like Novo Nordisk A/S NYSE: NVO Ozempic and Eli Lilly and Co. NYSE: LLY Mounjaro has kicked off a gold rush for new weight-loss drugs in the medical sector. On...

17 days ago - MarketBeat

Is Altimmune (ALT) stock a good buy after the 306% jump?

Altimmune (NASDAQ: ALT) stock proce has staged a strong recovery in the past few days, making it one of the most popular companies among day traders. The shares jumped to a high of $8.63 on Thursday, ...

23 days ago - Invezz

Altimmune shares pop as analysts see obesity-drug partnership potential

Altimmune Inc. shares ALT, +1.02% gained 5% Thursday and have jumped more than 100% this week as analysts see potential for the company to find a partner for its experimental weight-loss drug.

24 days ago - Market Watch

Altimmune open to partnerships, deals with drugmakers, says CEO

Weight-loss drug developer Altimmune is open to deals and collaborations with large drugmakers as it actively looks for partners to launch and develop its experimental obesity drug, CEO Vipin Garg tol...

26 days ago - Reuters

Here's why penny stocks like GGE, NEXI, ALT, HCDI are pumping

Penny stocks like Green Giant (GGE), Neximmune (NEXI), Altimmune (ALT), and Harbor Custom Development (HCDI) were among the best-performing companies in Wall Street on Friday. All of them jumped by mo...

Other symbols: GGENEXI
4 weeks ago - Invezz

Altimmune Announces Positive Topline Results from MOMENTUM 48-Week Phase 2 Obesity Trial of Pemvidutide

Achieved mean weight loss of 15.6% on 2.4 mg dose of pemvidutide at Week 48, with weight loss continuing at the end of treatment Over 30% of subjects achieved 20% or more weight loss on 2.4 mg dose at...

4 weeks ago - GlobeNewsWire

Altimmune Announces Third Quarter 2023 Financial Results and Provides a Business Update

Top-line 48-week results from the MOMENTUM Phase 2 obesity trial expected Q4 2023 Pemvidutide granted Fast Track designation for the treatment of non-alcoholic steatohepatitis (NASH) Top-line results ...

7 weeks ago - GlobeNewsWire

Altimmune to Report Third Quarter 2023 Financial Results and Provide Business Update on November 7, 2023

GAITHERSBURG, Md., Oct. 31, 2023 (GLOBE NEWSWIRE) -- Altimmune, Inc. (Nasdaq: ALT), a clinical-stage biopharmaceutical company, today announced that it will report its third quarter 2023 financial res...

2 months ago - GlobeNewsWire

Altimmune Granted Fast Track Designation by FDA for Pemvidutide for the Treatment of Non-Alcoholic Steatohepatitis (NASH)

GAITHERSBURG, Md., Oct. 26, 2023 (GLOBE NEWSWIRE) -- Altimmune, Inc. (Nasdaq: ALT), a clinical-stage biopharmaceutical company, today announced that the U.S. Food and Drug Administration (FDA) has gra...

2 months ago - GlobeNewsWire

Altimmune to Present New Data on the Anti-Inflammatory and Anti-Fibrotic Properties of Pemvidutide in a Late-Breaking Presentation at The Liver Meeting® 2023

GAITHERSBURG, Md., Oct. 25, 2023 (GLOBE NEWSWIRE) -- Altimmune, Inc. (Nasdaq: ALT), a clinical-stage biopharmaceutical company, today announced that new data on the anti-inflammatory and anti-fibrotic...

2 months ago - GlobeNewsWire

Altimmune to Participate at Two Upcoming Investor Conferences

GAITHERSBURG, Md., Oct. 17, 2023 (GLOBE NEWSWIRE) -- Altimmune, Inc. (Nasdaq: ALT), a clinical-stage biopharmaceutical company, today announced that members of the Company's management team will parti...

2 months ago - GlobeNewsWire

Altimmune Announces Oral Presentation of Pemvidutide Clinical Data at 59th Annual Meeting of the European Association for the Study of Diabetes

GAITHERSBURG, Md., Sept. 26, 2023 (GLOBE NEWSWIRE) -- Altimmune, Inc. (Nasdaq: ALT), a clinical-stage biopharmaceutical company, today announced that Dr. Louis J. Aronne, Founder and Director of the C...

3 months ago - GlobeNewsWire

Altimmune Announces Completion of Dosing in the Phase 2 MOMENTUM Trial of Pemvidutide in Subjects with Obesity or Overweight

GAITHERSBURG, Md., Sept. 12, 2023 (GLOBE NEWSWIRE) -- Altimmune, Inc. (Nasdaq: ALT), a clinical-stage biopharmaceutical company, today announced the completion of dosing (last subject last dose) in it...

3 months ago - GlobeNewsWire

Altimmune Announces Second Quarter 2023 Financial Results and Provides a Business Update

Top-line 48-week results from the MOMENTUM Phase 2 obesity trial expected Q4 2023 Commenced enrollment in IMPACT Phase 2b trial of pemvidutide in non-alcoholic steatohepatitis (NASH) Top-line results ...

5 months ago - GlobeNewsWire

Altimmune to Report Second Quarter 2023 Financial Results and Provide Business Update on August 10, 2023

GAITHERSBURG, Md., Aug. 03, 2023 (GLOBE NEWSWIRE) -- Altimmune, Inc. (Nasdaq: ALT), a clinical-stage biopharmaceutical company, today announced that it will report its second quarter 2023 financial re...

5 months ago - GlobeNewsWire

Altimmune Announces Initiation of Phase 2b IMPACT Trial Evaluating the Efficacy and Safety of Pemvidutide in Non-Alcoholic Steatohepatitis (NASH)

GAITHERSBURG, Md., Aug. 01, 2023 (GLOBE NEWSWIRE) -- Altimmune, Inc. (Nasdaq: ALT), a clinical-stage biopharmaceutical company, today announced that it has enrolled the first subject in the Phase 2b I...

5 months ago - GlobeNewsWire

Factbox: Weight-loss drugs: the next gold rush

Drug developers are chasing an obesity drug gold rush that may be worth up to $100 billion by rolling out treatments that can help lose as much as 24% of weight in less than a year.

Other symbols: AMGNLLYNVOPFEVKTX
6 months ago - Reuters

Altimmune to Participate in the Healthcare Virtual Conference Presented by Maxim Group LLC and hosted by M-Vest on Tuesday, June 20th, 2023

GAITHERSBURG, Md., June 16, 2023 (GLOBE NEWSWIRE) -- Altimmune, Inc. (Nasdaq: ALT), a clinical-stage biopharmaceutical company, today announced that Dr. Scott Harris, Chief Medical Officer at Altimmun...

7 months ago - GlobeNewsWire

Altimmune Announces Oral Presentation of Pemvidutide Clinical Data in Treatment of NAFLD at Upcoming EASL International Liver Congress™ 2023

Presentation Selected for Best of EASL Summary Slides Altimmune to Host a NASH KOL and Investor Reception on June 22, 2023 GAITHERSBURG, Md., June 15, 2023 (GLOBE NEWSWIRE) -- Altimmune, Inc. (Nasdaq:...

7 months ago - GlobeNewsWire

Altimmune Announces First Quarter 2023 Financial Results and Provides a Business Update

Initiation of the IMPACT Phase 2b trial of pemvidutide in non-alcoholic steatohepatitis (NASH) expected mid-2023 Top-line 48-week results from the MOMENTUM Phase 2 obesity trial expected Q4 2023 Top-l...

8 months ago - GlobeNewsWire

Altimmune to Report First Quarter 2023 Financial Results and Provide Business Update on May 11, 2023

GAITHERSBURG, Md., May 04, 2023 (GLOBE NEWSWIRE) -- Altimmune, Inc. (Nasdaq: ALT), a clinical-stage biopharmaceutical company, today announced that it will report its first quarter 2023 financial resu...

8 months ago - GlobeNewsWire

Altimmune Completes Enrollment in Phase 2 Clinical Trial of HepTcell™, an Immunotherapeutic for Chronic Hepatitis B

GAITHERSBURG, Md., April 11, 2023 (GLOBE NEWSWIRE) -- Altimmune, Inc. (Nasdaq: ALT), a clinical-stage biopharmaceutical company (the Company), today announced that it has completed enrollment in its P...

9 months ago - GlobeNewsWire

Altimmune Appoints Former GSK Executive Catherine Angell Sohn, Pharm.D. to its Board of Directors

GAITHERSBURG, Md., March 27, 2023 (GLOBE NEWSWIRE) -- Altimmune, Inc. (Nasdaq: ALT), a clinical-stage biopharmaceutical company, today announced the appointment of Catherine Angell Sohn, Pharm.D. to i...

9 months ago - GlobeNewsWire

Altimmune Announces Fourth Quarter and Full Year 2022 Financial Results and Provides a Business Update

Interim 24-week readout from MOMENTUM Phase 2 obesity trial expected March 2023

10 months ago - GlobeNewsWire