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Alector

(NASDAQ) ALEC

Current Price$1.51
Market Cap$166.54MMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.
Since IPO (2019)-92%
5 Year-95%
1 Year-10%
1 Month-4%
Alector last closing stock price
MetricPriceDate
Last closeUSD 1.502026-07-17
Alector stock price return by period
PeriodPrice returnPrice at period startPeriod start date
1 week-6.83%USD 1.612026-07-10
1 month-3.85%USD 1.562026-06-17
3 month-41.63%USD 2.572026-04-17
Year to date-3.85%USD 1.562025-12-31
1 year-10.18%USD 1.672025-07-17
3 year-77.58%USD 6.692023-07-18
5 year-95.47%USD 33.112021-07-16
Since inception-91.67%USD 18.002019-02-07

Alector Financials at a Glance

Market Cap

$166.54MMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.

Revenue (TTM)

$18.42M

Net Income (TTM)

-$125.39M

EPS (TTM)

-$1.19

P/E Ratio

-1.26

Dividend

$0.00

Beta (Volatility)

1.69 (High)

Price

$1.51

Volume

23,882

Open

$1.45

Previous Close

$1.51

Daily Range

$1.44 - $1.52

52-Week Range

$1.09 - $3.40

Estimated Earnings Date

Aug 6, 2026

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About Alector

Alector makes medicines to fight brain diseases. These treatments help people with Alzheimer's and Parkinson's. The company works to stop brain cells from dying.

Fighting Brain Diseases

  • Alector Brain Carrier: Proprietary technology designed to transport drugs across the blood-brain barrier, which acts as the brain's protective wall.
  • Progranulin-Elevating Antibodies: Drugs like latozinemab that increase levels of progranulin, a protein essential for brain cell health.
  • siRNA Platform: Small interfering RNA technology that stops the body from creating toxic proteins linked to dementia.
  • Enzyme Replacement Therapy: Program AL050 features an engineered enzyme intended to treat Parkinson's disease and Lewy body dementia.

Growth and Funding Deals

  • Partnered with GlaxoSmithKline in July 2021 to develop antibodies for neurodegenerative conditions.
  • Updated the GlaxoSmithKline agreement in May 2023 to share research costs for certain clinical trials.
  • Secured a $50 million loan facility from Hercules Capital in November 2024 to support operations.
  • Raised $20 million in net proceeds through a stock sale agreement with TD Securities.

How Alector Stands Out

Alector uses its brain carrier technology to bypass the brain's natural protective wall. This allows therapeutics like antibodies and enzymes to reach brain tissue more effectively.

The Quarterly Scorecard

  • Revenue was $1 million in Q1 2026, down 71.5% from $3.7 million in Q1 2025.
  • Net loss narrowed 43.3% to $22.9 million for the period ended March 31, 2026.
  • Research and development spending decreased by $15.8 million year-over-year following staff cuts in 2025.
  • Cash and marketable securities totaled $206.5 million at the end of March 2026.
  • Free cash flow improved 17.9% to negative $49.9 million in the first quarter of 2026.

Bottom Line

Alector has shifted its focus to its proprietary brain-delivery platform following recent late-stage clinical trial failures. The company maintains its operations through strategic partnerships and existing cash reserves.

AI Generated • May 19, 2026

Industry

Biotechnology

Employees

103

CEO

Arnon Rosenthal, PhD

Headquarters

South San Francisco, CA 94080, US

ALEC Financials

Key Financial Metrics (TTM)

Gross Margin

-396.87%

Operating Margin

-741.33%

Net Income Margin

-680.83%

Return on Equity

-295.17%

Return on Capital

-218.01%

Return on Assets

-52.26%

Earnings Yield

-79.37%

Dividend Yield

0.00%

Payout Ratio

0.00%

Stock Overview

Market Cap

$166.54MMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.

Shares Outstanding

111.03M

Volume

23.88K

Avg. Volume

727.06K

Financials (TTM)

Gross Profit

-$73.09M

Operating Income

-$136.53M

EBITDA

-$116.42M

Operating Cash Flow

-$173.06M

Capital Expenditure

-$139.00K

Free Cash Flow

-$173.20M

Cash & ST Invst.

$206.52M

Total Debt

$34.55M

Alector Performance Analysis

Alector annual revenue and year-over-year revenue growth by fiscal year
Fiscal yearPeriod endRevenueYoY growth
20222022-12-31USD 133,617,000-35.5%
20232023-12-31USD 97,062,000-27.4%
20242024-12-31USD 100,558,0003.6%
20252025-12-31USD 21,045,000-79.1%
Alector sequential (quarter-over-quarter) revenue growth by fiscal quarter
Fiscal quarterPeriod endQoQ growth
Q22025-06-30114.3%
Q32025-09-30-58.6%
Q42025-12-3191.3%
Q12026-03-31-83.2%
Alector annual diluted earnings per share and year-over-year EPS growth by fiscal year
Fiscal yearPeriod endDiluted EPSYoY growth
20222022-12-31USD -1.62257.8%
20232023-12-31USD -1.56-3.7%
20242024-12-31USD -1.23-20.9%
20252025-12-31USD -1.3912.6%
Alector sequential (quarter-over-quarter) diluted earnings per share growth by fiscal quarter
Fiscal quarterPeriod endQoQ growth
Q22025-06-3026.8%
Q32025-09-30-13.3%
Q42025-12-31N/A
Q12026-03-3138.2%

Revenue Growth Rate

Annual and quarterly growth comparison

Earnings Per Share Growth Rate

Annual and quarterly EPS growth comparison

Quarterly Performance

Name
Q1 2026YOY CHG

Revenue

$1.05M

-71.5%

Gross Profit

-$1.04M

+96.5%

Gross Margin

-99.24%

N/A

Market Cap

$166.54MMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.

N/A

Market Cap/Employee

$1.62M

N/A

Employees

103

N/A

Net Income

-$22.93M

+43.3%

EBITDA

-$20.85M

+46.0%

Quarterly Fundamentals

Name
Q1 2026YOY CHG

Total Cash

$206.52M

-41.8%

Total Debt

$34.55M

-15.8%

Accounts Receivable

$0.00

N/A

Inventory

$0.00

N/A

Long Term Debt

$23.93M

-25.7%

Short Term Debt

$10.62M

+20.2%

Return on Assets

-52.26%

N/A

Return on Invested Capital

-68.63%

N/A

Free Cash Flow

-$49.93M

+17.9%

Operating Cash Flow

-$49.81M

+18.0%

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Questions About ALEC

What is the current price of Alector?

Alector is trading at $1.51 per share.

What is the 52-week range for Alector?

Over the past 52 weeks, Alector has traded between $1.09 and $3.40.

How much debt does Alector have?

As of the most recent reporting period, Alector reported total debt of $34.55M.

How much cash does Alector have on hand?

Alector reported $76.96M in cash and cash equivalents in its most recent financial results.

What is Alector’s dividend yield?

Alector does not currently have a dividend yield.

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