Looking for Sentiment Analysis? Discover the most popular stocks on Reddit by using our Sentiment Tracker
Market Cap 2.53B P/E - EPS this Y 79.00% Ern Qtrly Grth -65.50%
Income -618.38M Forward P/E - EPS next Y 137.30% 50D Avg Chg 11.00%
Sales 308.73M PEG - EPS past 5Y - 200D Avg Chg -3.00%
Dividend N/A Price/Book N/A EPS next 5Y - 52W High Chg -35.00%
Recommedations 2.20 Quick Ratio 0.13 Shares Outstanding 301.94M 52W Low Chg 72.00%
Insider Own 64.01% ROA -7.61% Shares Float 98.74M Beta -0.08
Inst Own 5.70% ROE - Shares Shorted/Prior 74.22K/135.86K Price 9.51
Gross Margin 48.79% Profit Margin -200.30% Avg. Volume 88,143 Target Price 19.00
Oper. Margin 46.22% Earnings Date Nov 20 Volume 32,981 Change -0.63%
About Alvotech

Alvotech, through its subsidiaries, develops and manufactures biosimilar medicines for patients worldwide. It offers biosimilar products in the therapeutic areas of autoimmune, eye, and bone disorders, as well as cancer. The company's lead program is AVT02, a high concentration formulation biosimilar to Humira to treat various inflammatory conditions, including rheumatoid arthritis, psoriatic arthritis, Crohn's disease, ulcerative colitis, plaque psoriasis, and other indications; AVT04, a biosimilar to Stelara to treat various inflammatory conditions comprising psoriatic arthritis, Crohn's disease, ulcerative colitis, plaque psoriasis, and other indications; AVT06, a biosimilar to Eylea to treat various conditions, such as age-related macular degeneration, macular edema, and diabetic retinopathy; and AVT03, a biosimilar to Xgeva and Prolia, which is in the pre-clinical phase to treat prevent bone fracture, spinal cord compression, and the need for radiation or bone surgery in patients with certain types of cancer, as well as prevent bone loss and increase bone mass. In addition, it offers AVT05, a biosimilar to Simponi and Simponi Aria, which is in early phase development to treat various inflammatory conditions, including rheumatoid arthritis, psoriatic arthritis, ulcerative colitis, and other indications; AVT16, a biosimilar to an Entyvio product; AVT23, a biosimilar to Xolair, which is in late-stage development to treat nasal polyps; and AVT33, a biosimilar to an Keytruda product. Alvotech was founded in 2013 and is based in Luxembourg, Luxembourg.

Alvotech News
11/16/24 Alvotech Third Quarter 2024 Earnings: US$0.041 loss per share (vs US$0.81 loss in 3Q 2023)
11/15/24 Alvotech (ALVO) Q3 2024 Earnings Call Highlights: Record Revenue Growth and Strategic Advancements
11/13/24 Alvotech Reports Financial Results for the First Nine Months of 2024
11/07/24 Alvotech Attending Citi's Global Healthcare Conference on December 4, 2024, and Evercore’s HealthCONx Conference on December 5, 2024
11/04/24 European Medicines Agency Confirms Acceptance of Marketing Authorization Application for AVT05, a Proposed Biosimilar to Simponi® (golimumab)
10/30/24 Alvotech to Report Financial Results for the First Nine Months of 2024 on November 13, 2024, and Host Conference Call on November 14, 2024, at 8:00 am ET
10/28/24 Exploring High Growth Tech Stocks In The US October 2024
10/25/24 Alvotech Meeting Investors and Presenting at the Jefferies 2024 London Healthcare Conference on November 19–20, 2024
10/22/24 Alvotech and Teva Announce U.S. FDA Approval of Additional Presentation of SELARSDI™ (ustekinumab-aekn), Expanding its Label to Include Further Indications Approved for Reference Product, Stelara® (ustekinumab)
10/10/24 European Medicines Agency Confirms Acceptance of Marketing Application for AVT03, a Proposed Biosimilar to Prolia® and Xgeva®
09/27/24 High Growth Tech Stocks in the United States to Watch
09/25/24 Alvotech Initiates Confirmatory Patient Study for AVT16, a Proposed Biosimilar to Entyvio®
08/26/24 Alvotech to Participate in the Morgan Stanley 22nd Annual Global Healthcare Conference
08/19/24 Alvotech Second Quarter 2024 Earnings: EPS: US$0.25 (vs US$0.83 in 2Q 2023)
08/17/24 Alvotech's (NASDAQ:ALVO) biggest owners are private equity firms who got richer after stock soared 19% last week
08/15/24 Alvotech Reports Record Revenues and Adjusted EBITDA for the Second Quarter and First Six Months of 2024
08/15/24 European Medicines Agency Confirms Acceptance of Marketing Application for AVT06, a Proposed Biosimilar to Eylea® (aflibercept)
08/01/24 Alvotech to Report Financial Results for the First Half of 2024 on August 15, 2024, and Host Conference Call on August 16, 2024, at 8:00 am ET
07/22/24 STADA and Alvotech launch Uzpruvo, the first approved ustekinumab biosimilar to Stelara, across Europe
07/11/24 Alvotech Announces Closing of Private Debt Financing
ALVO Chatroom

User Image MarketMindset Posted - 1 week ago

Earnings AH to watch tomorrow: $TTEK $ALVO $DLO $BV $SONO

User Image PenkeTrading Posted - 10/26/24

I found you an Overbought RSI (Relative Strength Index) on the daily chart of Alvotech. Is that bullish or bearish? $ALVO #Alvotech #RsiOverbought #NASDAQ

User Image pcguy2 Posted - 1 month ago

$ALVO shockingly undervalued company. Sales guided 2x in 2025

User Image Bornjever Posted - 1 month ago

$ALVO this European company diversifies our portfolio and has billions in funding with EU big dogs in billions but most encouraging big dogs purchased 850 million shares additional shares and sold only 1,300 shares so far this month. This indicates facts more bio equals have been approved so more sales and profits almost assured.

User Image WeeklyTrader Posted - 1 month ago

Prepare for turbulence with $ALVO! RSI: 58.17% 50-day MA: $11.79 200-day MA: $13.14

User Image briefingcom Posted - 1 month ago

$ALVO: Alvotech and Teva ($TEVA) announce U.S. FDA approval of additional presentation of SELARSDI (ustekinumab-aekn), expanding its label to include further indications approved for reference product, Stelara (ustekinumab) https://www.briefing.com/in-depth-analysis/content/article?ArticleId=IN20241022070643ALVO&utm_campaign=inplay&utm_medium=social&utm_source=&utm_content=view_page

User Image WeeklyTrader Posted - 1 month ago

Who's ready to ride the $ALVO train? RSI: 62.19% 50-day MA: $11.62 200-day MA: $13.12

User Image themacromindset Posted - 1 month ago

European Medicines Agency Confirms Acceptance of Marketing Application for AVT03, a Proposed Biosimilar to Prolia® and Xgeva® $ALVO

User Image Stock_Titan Posted - 09/25/24

$ALVO Alvotech Initiates Confirmatory Patient Study for AVT16, a Proposed Biosimilar to Entyvio® https://www.stocktitan.net/news/ALVO/alvotech-initiates-confirmatory-patient-study-for-avt16-a-proposed-p588hxupl5gd.html

User Image Fullratio Posted - 2 months ago

Healthcare sector stocks with high gross profit growth in Q2 2024 (TTM): $ADAP $ALVO $GLUE

User Image DonCorleone77 Posted - 3 months ago

$ALVO I do not know the background. You will have to do your own DD: Alvotech files to sell 1.79M ordinary shares for holders The company will not receive any proceeds from the sale of the ordinary shares by the selling shareholder.

User Image Bornjever Posted - 3 months ago

$ALVO best earnings ever and three months from now much better as they have a bunch of approvals in hand and more to be approved in pipeline and very

User Image Fullratio Posted - 3 months ago

$ALVO revenue has surged by 170% since the previous quarter: https://fullratio.com/stocks/nasdaq-alvo/alvotech

User Image FlynancialAnalyst Posted - 3 months ago

$ALVO $3.84B mc $XLV #HiddenGem (only 86 watchers on Stocktwits) rotating up off key $10 level on significant volume this week. Working on a rising 40 wk SMA remount FOUNDER LED, majority insider owned, 63.91% of shares outstanding Luxemburg-based Pct of all funds long shares at record highs & rising TrendEdge.app/asset/ALVO

User Image pcguy2 Posted - 3 months ago

$ALVO "over 1 billion in milestone revenues remaining" earnings call

User Image Bornjever Posted - 3 months ago

$ALVO this company now has 9 bio equals they are fully developed or in late stage development and big support from funds and big money with in excess of 2 billion invested and in quarter 4 of 2022 they lost 1.60 per share and now a profit of .28 and Humira equal just started to sell.

User Image beatletull Posted - 3 months ago

@bginvest I'm looking at a stock here. Check out the news on Finviz.com - $ALVO. I'm considering buying it. The earnings is crazy, but the volume on this is only 311,771. What is your take on it? Conference call tomorrow morning also.

User Image killasimba Posted - 3 months ago

$ALVO why is it down

User Image pcguy2 Posted - 3 months ago

$ALVO 👍 👍 Record Total Revenues of $236 million for the first six months of 2024, an over ten-fold increase compared to same period in 2023 Product revenues for the first six months were $66 million, a 190% increase from the same period last year, with Q2 product revenues contributing $53 million

User Image Stockhausen_ Posted - 3 months ago

$ALVO

User Image Stock_Titan Posted - 3 months ago

$ALVO Alvotech Reports Record Revenues and Adjusted EBITDA for the Second Quarter and First Six Months of 2024 https://www.stocktitan.net/news/ALVO/alvotech-reports-record-revenues-and-adjusted-ebitda-for-the-second-ixpmh50hekth.html

User Image Stock_Titan Posted - 3 months ago

$ALVO European Medicines Agency Confirms Acceptance of Marketing Application for AVT06, a Proposed Biosimilar to Eylea® (aflibercept) https://www.stocktitan.net/news/ALVO/european-medicines-agency-confirms-acceptance-of-marketing-iywg5hcswsgp.html

User Image Bornjever Posted - 3 months ago

$ALVO so sales last year were almost 100 million and this year projects over 400 million with bio equals like HUMIRA in play and many more and large investors have invested billions into this company. May have to wait till next quarter for much bigger revenue increase but this is a hold for gold

User Image Stock_Titan Posted - 3 months ago

$ALVO Alvotech to Report Financial Results for the First Half of 2024 on August 15, 2024, and Host Conference Call on August 16, 2024, at 8:00 am ET https://www.stocktitan.net/news/ALVO/alvotech-to-report-financial-results-for-the-first-half-of-2024-on-0hmtoo90mshu.html

User Image Bornjever Posted - 07/29/24

$ALVO Big European investment in this company of billions and may have to cut price on some bio equals to gain market share as Humira equal now selling but need to be more aggressive and investors being patient because products and market is there only matter of time

User Image DonCorleone77 Posted - 07/25/24

$ALVO Alvotech price target lowered to $18 from $22 at Barclays Barclays lowered the firm's price target on Alvotech to $18 from $22 and keeps an Overweight rating on the shares as part of a Q2 preview for the specialty pharmaceutical space. The analyst expects Q2 to provide continuing evidence that generics and biosimilars "are in the pink of health."

User Image PenkeTrading Posted - 07/24/24

I found you an Oversold RSI (Relative Strength Index) on the daily chart of Alvotech. Is that bullish or bearish? $ALVO #ALVO #nasdaq #tradingsignals #technicalanalysis

User Image Stock_Titan Posted - 4 months ago

$ALVO STADA and Alvotech launch Uzpruvo, the first approved ustekinumab biosimilar to Stelara, across Europe https://www.stocktitan.net/news/ALVO/stada-and-alvotech-launch-uzpruvo-the-first-approved-ustekinumab-uit0rn7b5ksz.html

User Image Bornjever Posted - 4 months ago

$ALVO Xgeva is correct name

User Image Bornjever Posted - 4 months ago

$ALVO we now have stage 3 passed in FDA equal to Prolia and Geva and August 27 will give us the first sales of Humira equal sales worldwide as this multi billion dollar in big boys financing is way undervalued and due to bust out.

Analyst Ratings
Barclays Overweight Jul 25, 24
Barclays Overweight May 24, 24
Barclays Overweight Mar 22, 24
Barclays Overweight Jan 29, 24
Citigroup Neutral Oct 20, 23
Barclays Equal-Weight Sep 21, 23
Deutsche Bank Hold Mar 7, 23
Morgan Stanley Equal-Weight Sep 7, 22
Citigroup Sell Sep 6, 22