NASDAQ:ALLK

Allakos (ALLK) Stock Price, News & Analysis

$1.06
-0.01 (-0.93%)
(As of 04/22/2024 ET)
Today's Range
$1.03
$1.08
50-Day Range
$1.05
$1.64
52-Week Range
$1.00
$5.64
Volume
279,226 shs
Average Volume
1.29 million shs
Market Capitalization
$93.14 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$1.83

Allakos MarketRank™ Stock Analysis

Analyst Rating
Hold
2.20 Rating Score
Upside/​Downside
73.0% Upside
$1.83 Price Target
Short Interest
Healthy
6.33% of Shares Sold Short
Dividend Strength
N/A
Sustainability
-0.86
Upright™ Environmental Score
News Sentiment
N/A
Insider Trading
N/A
Proj. Earnings Growth
Growing
From ($1.16) to ($0.70) Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.11 out of 5 stars

Medical Sector

156th out of 909 stocks

Pharmaceutical Preparations Industry

57th out of 426 stocks

ALLK stock logo

About Allakos Stock (NASDAQ:ALLK)

Allakos Inc., a clinical stage biotechnology company, develops therapeutics that target immunomodulatory receptors present on immune effector cells in allergy, inflammatory, and proliferative diseases in the United States. The company's lead product candidate is AK006, which in a Phase I clinical trial for the treatment of chronic spontaneous urticaria (CSU) and other indications. The company was incorporated in 2012 and is headquartered in San Carlos, California.

ALLK Stock Price History

ALLK Stock News Headlines

3 Biotech Stocks to Dump Before They Go to Zero
Hold Rating on Allakos Amidst Cautious Optimism for AK006 Program
SHOCKING Crypto Leak…
A shocking leak has revealed tech giant Microsoft's plans to add crypto support to future products. If the plans in these leaked internal documents pan out, we could see prices skyrocket for Bitcoin, Ethereum, XRP and MORE… The coupling of gaming and cryptocurrency could absolutely transform digital finance as we know it in 2024.
TD Cowen Remains a Hold on Allakos (ALLK)
ALLK Stock Earnings: Allakos Misses EPS for Q4 2023
SHOCKING Crypto Leak…
A shocking leak has revealed tech giant Microsoft's plans to add crypto support to future products. If the plans in these leaked internal documents pan out, we could see prices skyrocket for Bitcoin, Ethereum, XRP and MORE… The coupling of gaming and cryptocurrency could absolutely transform digital finance as we know it in 2024.
ALLK Sep 2024 2.000 call
ALLK Sep 2024 2.500 call
ALLK Mar 2024 1.500 call
Allakos price target lowered by 50c at Barclays, here's why
Allakos just downgraded at Cantor Fitzgerald, here's why
Allakos just downgraded at LifeSci Capital, here's why
Why Is Allakos (ALLK) Stock Down 57% Today?
See More Headlines
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Company Calendar

Last Earnings
3/14/2024
Today
4/22/2024
Next Earnings (Estimated)
5/14/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Medical
Industry
Pharmaceutical preparations
Sub-Industry
N/A
Current Symbol
NASDAQ:ALLK
Fax
N/A
Employees
131
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$1.83
High Stock Price Target
$3.00
Low Stock Price Target
$1.00
Potential Upside/Downside
+73.0%
Consensus Rating
Hold
Rating Score (0-4)
2.20
Research Coverage
5 Analysts

Profitability

Net Income
$-185,700,000.00
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
N/A
Book Value
$1.93 per share

Miscellaneous

Free Float
63,208,000
Market Cap
$93.14 million
Optionable
Optionable
Beta
0.82
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Key Executives

  • Dr. Robert Alexander Ph.D. (Age 54)
    CEO & Director
    Comp: $1.46M
  • Dr. Adam L. Tomasi Ph.D. (Age 54)
    President
    Comp: $1.11M
  • Mr. Baird Radford III (Age 54)
    Chief Financial Officer
    Comp: $708.26k
  • Ms. Mary Cromwell Ph.D.
    Chief Technical Officer
  • Dr. Chin Lee M.D. (Age 53)
    M.P.H., Chief Medical Officer
  • Mr. Alan Chang
    Director of Medical Affairs & Data Analytics

ALLK Stock Analysis - Frequently Asked Questions

Should I buy or sell Allakos stock right now?

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Allakos in the last twelve months. There are currently 1 sell rating, 2 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" ALLK shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in ALLK, but not buy additional shares or sell existing shares.
View ALLK analyst ratings
or view top-rated stocks.

What is Allakos' stock price target for 2024?

5 brokerages have issued 12-month price objectives for Allakos' stock. Their ALLK share price targets range from $1.00 to $3.00. On average, they expect the company's stock price to reach $1.83 in the next year. This suggests a possible upside of 73.0% from the stock's current price.
View analysts price targets for ALLK
or view top-rated stocks among Wall Street analysts.

How have ALLK shares performed in 2024?

Allakos' stock was trading at $2.73 on January 1st, 2024. Since then, ALLK shares have decreased by 61.2% and is now trading at $1.06.
View the best growth stocks for 2024 here
.

When is Allakos' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, May 14th 2024.
View our ALLK earnings forecast
.

How were Allakos' earnings last quarter?

Allakos Inc. (NASDAQ:ALLK) posted its quarterly earnings results on Thursday, March, 14th. The company reported ($0.71) EPS for the quarter, missing the consensus estimate of ($0.53) by $0.18.

What other stocks do shareholders of Allakos own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Allakos investors own include AbbVie (ABBV), Advanced Micro Devices (AMD), Pfizer (PFE), Agios Pharmaceuticals (AGIO), Biohaven (BHVN), bluebird bio (BLUE), Eastman Chemical (EMN), Heron Therapeutics (HRTX), TG Therapeutics (TGTX) and Arbutus Biopharma (ABUS).

When did Allakos IPO?

Allakos (ALLK) raised $96 million in an initial public offering on Thursday, July 19th 2018. The company issued 6,000,000 shares at a price of $15.00-$17.00 per share. Goldman Sachs and Jefferies served as the underwriters for the IPO and William Blair was co-manager.

How do I buy shares of Allakos?

Shares of ALLK stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:ALLK) was last updated on 4/23/2024 by MarketBeat.com Staff

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