Alector (ALEC) Stock Forecast, Price Target & Predictions

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ALEC Stock Forecast

Alector stock forecast is as follows: an average price target of $4.00 (represents a 115.05% upside from ALEC’s last price of $1.86) and a rating consensus of 'Buy', based on 5 wall street analysts offering a 1-year stock forecast.

ALEC Price Target

The average price target for Alector (ALEC) is $4.00 based on 1-year price targets from 5 Wall Street analysts in the past 3 months, with a price target range of $4.00 to $4.00. This represents a potential 115.05% upside from ALEC's last price of $1.86.

ALEC Analyst Ratings

Buy

According to 5 Wall Street analysts, Alector's rating consensus is 'Buy'. The analyst rating breakdown for ALEC stock is 0 'Strong Buy' (0.00%), 3 'Buy' (60.00%), 1 'Hold' (20.00%), 1 'Sell' (20.00%), and 0 'Strong Sell' (0.00%).

Alector Price Target by Analyst

Date	Analyst	Company	Price Target	Price when Published	Price Target/Price when Published	Price Target/Last Closing Price
Nov 19, 2024	Corinne Jenkins	Goldman Sachs	$4.00	$5.08	-21.26%	115.05%

The latest Alector stock forecast, released on Nov 19, 2024 by Corinne Jenkins from Goldman Sachs, set a price target of $4.00, which represents a -21.26% decrease from the stock price at the time of the forecast ($5.08), and a 115.05% increase from ALEC last price ($1.86).

Alector Price Target by Period

	1M	3M	12M
# Anlaysts	1	1	1
Avg Price Target	$4.00	$4.00	$4.00
Last Closing Price	$1.86	$1.86	$1.86
Upside/Downside	115.05%	115.05%	115.05%

In the current month, the average price target of Alector stock is $4.00, according to 1 Wall Street analyst offering twelve months forecast. The average price target represents a 115.05% increase as opposed to Alector's last price of $1.86. This month's average price target is down 0.00% compared to last quarter, and down 0.00% compared to last year.

Analyst Ratings Upgrades/Downgrades

Date	Company	Previous Rating	New Rating	Rating Change
Nov 19, 2024	Goldman Sachs	Sell	Sell	Hold
May 10, 2024	H.C. Wainwright	Buy	Buy	Hold
Dec 14, 2023	Keefe, Bruyette & Woods		Buy	Upgrade
Sep 09, 2022	Morgan Stanley		Equal-Weight	Downgrade
Feb 25, 2022	Citigroup	Buy	Buy	Hold

Alector's last stock rating was published by Goldman Sachs on Nov 19, 2024. The company gave ALEC a "Sell" rating, the same as its previous rate.

Alector Financial Forecast

Alector Revenue Forecast

	Dec 26	Sep 26	Jun 26	Mar 26	Dec 25	Sep 25	Jun 25	Mar 25	Dec 24	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20	Mar 20	Dec 19	Sep 19
Revenue	-	-	-	-	-	-	-	-	-	-	-	-	$15.19M	$9.11M	$56.21M	$16.55M	$14.44M	$14.85M	$79.85M	$24.47M	$13.99M	$182.41M	$6.57M	$4.11M	$4.85M	$5.90M	$3.17M	$7.17M	$6.00M	$2.70M
Avg Forecast	$45.12M	$24.66M	$19.99M	$15.34M	$7.67M	$7.67M	$7.67M	$7.67M	$16.86M	$15.70M	$14.36M	$14.86M	$8.84M	$9.97M	$4.18M	$7.71M	$30.15M	$31.58M	$30.82M	$102.95M	$83.82M	$298.67M	$8.73M	$7.90M	$8.33M	$8.58M	$7.39M	$8.93M	$6.53M	$12.50M
High Forecast	$48.38M	$26.43M	$21.43M	$16.45M	$8.22M	$8.22M	$8.22M	$8.22M	$18.95M	$15.70M	$14.36M	$14.86M	$13.90M	$9.97M	$4.49M	$8.27M	$32.32M	$31.58M	$30.82M	$102.95M	$83.82M	$298.67M	$8.73M	$7.90M	$8.33M	$8.58M	$7.39M	$8.93M	$6.53M	$12.50M
Low Forecast	$40.82M	$22.31M	$18.09M	$13.88M	$6.94M	$6.94M	$6.94M	$6.94M	$15.45M	$15.70M	$14.36M	$14.86M	$1.74M	$9.97M	$3.78M	$6.98M	$27.28M	$31.58M	$30.82M	$102.95M	$83.82M	$298.67M	$8.73M	$7.90M	$8.33M	$8.58M	$7.39M	$8.93M	$6.53M	$12.50M
# Analysts	1	1	1	1	1	1	1	1	5	4	3	4	7	5	6	3	2	2	2	2	3	4	5	6	6	3	3	3	2	2
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	1.72%	0.91%	13.44%	2.15%	0.48%	0.47%	2.59%	0.24%	0.17%	0.61%	0.75%	0.52%	0.58%	0.69%	0.43%	0.80%	0.92%	0.22%

Alector's average Quarter revenue forecast for Mar 24 based on 4 analysts is $14.86M, with a low forecast of $14.86M, and a high forecast of $14.86M. ALEC's average Quarter revenue forecast represents a -2.20% decrease compared to the company's last Quarter revenue of $15.19M (Dec 23).

Alector EBITDA Forecast

	Dec 26	Sep 26	Jun 26	Mar 26	Dec 25	Sep 25	Jun 25	Mar 25	Dec 24	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20	Mar 20	Dec 19	Sep 19
# Analysts	1	1	1	1	1	1	1	1	5	4	3	4	7	5	6	3	2	2	2	2	3	4	5	6	6	3	3	3	2	2
EBITDA	-	-	-	-	-	-	-	-	-	-	-	-	$-41.20M	$-50.58M	$-3.59M	$-48.01M	$-55.44M	$-45.70M	$11.53M	$-41.86M	$-53.46M	$128.70M	$-53.08M	$-50.17M	$-50.22M	$-50.91M	$-43.56M	$-38.28M	$-27.35M	$-30.46M
Avg Forecast	$-37.07M	$-20.26M	$-16.43M	$-12.61M	$-6.30M	$-6.30M	$-6.30M	$-6.30M	$-13.85M	$-12.90M	$-11.80M	$-45.77M	$-7.26M	$-8.19M	$-3.44M	$-48.95M	$-96.10M	$-26.40M	$29.67M	$-86.07M	$-70.08M	$-249.72M	$-7.30M	$-52.35M	$-6.97M	$-7.18M	$-6.18M	$-29.37M	$-5.46M	$-10.45M
High Forecast	$-33.54M	$-18.33M	$-14.86M	$-11.41M	$-5.70M	$-5.70M	$-5.70M	$-5.70M	$-12.69M	$-12.90M	$-11.80M	$-36.61M	$-1.43M	$-8.19M	$-3.11M	$-39.16M	$-76.88M	$-26.40M	$35.60M	$-86.07M	$-70.08M	$-249.72M	$-7.30M	$-41.88M	$-6.97M	$-7.18M	$-6.18M	$-23.50M	$-5.46M	$-10.45M
Low Forecast	$-39.75M	$-21.72M	$-17.61M	$-13.52M	$-6.76M	$-6.76M	$-6.76M	$-6.76M	$-15.57M	$-12.90M	$-11.80M	$-54.92M	$-11.42M	$-8.19M	$-3.69M	$-58.74M	$-115.33M	$-26.40M	$23.73M	$-86.07M	$-70.08M	$-249.72M	$-7.30M	$-62.82M	$-6.97M	$-7.18M	$-6.18M	$-35.25M	$-5.46M	$-10.45M
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	5.67%	6.18%	1.04%	0.98%	0.58%	1.73%	0.39%	0.49%	0.76%	-0.52%	7.27%	0.96%	7.21%	7.10%	7.05%	1.30%	5.01%	2.91%

2 analysts predict ALEC's average Quarter EBITDA for Sep 22 to be $-26.40M, with a high of $-26.40M and a low of $-26.40M. This is -328.95% lower than Alector's previous annual EBITDA (Jun 22) of $11.53M.

Alector Net Income Forecast

	Dec 26	Sep 26	Jun 26	Mar 26	Dec 25	Sep 25	Jun 25	Mar 25	Dec 24	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20	Mar 20	Dec 19	Sep 19
# Analysts	1	1	1	1	1	1	1	1	5	4	3	4	7	5	6	3	2	2	2	2	3	4	5	6	6	3	3	3	2	2
Net Income	-	-	-	-	-	-	-	-	-	-	-	-	$-41.43M	$-44.48M	$1.38M	$-45.86M	$-52.43M	$-46.15M	$9.88M	$-44.62M	$-55.61M	$126.60M	$-55.15M	$-52.17M	$-52.18M	$-52.70M	$-45.33M	$-40.02M	$-30.53M	$-31.74M
Avg Forecast	$-24.20M	$-38.70M	$-41.14M	$-45.90M	$-53.67M	$-54.62M	$-51.66M	$-4.62M	$-60.02M	$-51.62M	$-48.43M	$-47.59M	$-74.54M	$-63.55M	$-78.65M	$-50.90M	$-99.96M	$-45.01M	$20.06M	$45.15M	$-16.74M	$241.55M	$-64.35M	$-54.44M	$-62.51M	$-51.78M	$-48.28M	$-30.71M	$-46.24M	$-38.67M
High Forecast	$-21.20M	$-33.91M	$-36.04M	$-40.22M	$-47.03M	$-47.86M	$-45.27M	$-4.31M	$-55.10M	$-45.23M	$-42.44M	$-38.07M	$-69.88M	$-55.68M	$-68.91M	$-40.72M	$-79.97M	$-45.01M	$24.07M	$45.15M	$-16.74M	$241.55M	$-64.35M	$-43.55M	$-62.51M	$-51.78M	$-48.28M	$-24.57M	$-46.24M	$-38.67M
Low Forecast	$-26.47M	$-42.33M	$-44.99M	$-50.21M	$-58.71M	$-59.74M	$-56.51M	$-5.24M	$-65.92M	$-56.47M	$-52.98M	$-57.11M	$-79.20M	$-69.51M	$-86.03M	$-61.08M	$-119.96M	$-45.01M	$16.05M	$45.15M	$-16.74M	$241.55M	$-64.35M	$-65.33M	$-62.51M	$-51.78M	$-48.28M	$-36.85M	$-46.24M	$-38.67M
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	0.56%	0.70%	-0.02%	0.90%	0.52%	1.03%	0.49%	-0.99%	3.32%	0.52%	0.86%	0.96%	0.83%	1.02%	0.94%	1.30%	0.66%	0.82%

Alector's average Quarter net income forecast for Sep 23 is $-63.55M, with a range of $-69.51M to $-55.68M. ALEC's average Quarter net income forecast represents a -4721.98% decrease compared to the company's last Quarter net income of $1.38M (Jun 23).

Alector SG&A Forecast

	Dec 26	Sep 26	Jun 26	Mar 26	Dec 25	Sep 25	Jun 25	Mar 25	Dec 24	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20	Mar 20	Dec 19	Sep 19
# Analysts	1	1	1	1	1	1	1	1	5	4	3	4	7	5	6	3	2	2	2	2	3	4	5	6	6	3	3	3	2	2
SG&A	-	-	-	-	-	-	-	-	-	-	-	-	$14.92M	$13.36M	$13.63M	$14.78M	$15.38M	$14.25M	$15.84M	$15.55M	$16.93M	$13.02M	$14.07M	$11.01M	$13.23M	$15.83M	$15.70M	$14.64M	$12.58M	$8.33M
Avg Forecast	$52.12M	$28.48M	$23.09M	$17.72M	$8.86M	$8.86M	$8.86M	$8.86M	$19.48M	$18.14M	$16.59M	$10.05M	$10.21M	$11.52M	$4.83M	$8.91M	$34.83M	$36.48M	$35.60M	$118.93M	$96.83M	$345.03M	$10.09M	$9.13M	$9.63M	$9.91M	$8.53M	$10.31M	$7.54M	$14.44M
High Forecast	$55.88M	$30.54M	$24.76M	$19.00M	$9.50M	$9.50M	$9.50M	$9.50M	$21.89M	$18.14M	$16.59M	$12.05M	$16.05M	$11.52M	$5.18M	$9.55M	$37.34M	$36.48M	$35.60M	$118.93M	$96.83M	$345.03M	$10.09M	$9.13M	$9.63M	$9.91M	$8.53M	$10.31M	$7.54M	$14.44M
Low Forecast	$47.16M	$25.77M	$20.90M	$16.04M	$8.02M	$8.02M	$8.02M	$8.02M	$17.84M	$18.14M	$16.59M	$8.04M	$2.01M	$11.52M	$4.37M	$8.06M	$31.51M	$36.48M	$35.60M	$118.93M	$96.83M	$345.03M	$10.09M	$9.13M	$9.63M	$9.91M	$8.53M	$10.31M	$7.54M	$14.44M
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	1.46%	1.16%	2.82%	1.66%	0.44%	0.39%	0.44%	0.13%	0.17%	0.04%	1.40%	1.21%	1.37%	1.60%	1.84%	1.42%	1.67%	0.58%

Alector's average Quarter SG&A projection for Mar 24 is $10.05M, based on 4 Wall Street analysts, with a range of $8.04M to $12.05M. The forecast indicates a -32.67% fall compared to ALEC last annual SG&A of $14.92M (Dec 23).

Alector EPS Forecast

	Dec 26	Sep 26	Jun 26	Mar 26	Dec 25	Sep 25	Jun 25	Mar 25	Dec 24	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20	Mar 20	Dec 19	Sep 19
# Analysts	1	1	1	1	1	1	1	1	5	4	3	4	7	5	6	3	2	2	2	2	3	4	5	6	6	3	3	3	2	2
EPS	-	-	-	-	-	-	-	-	-	-	-	-	$-0.00	$-0.53	$0.02	$-0.55	$-0.63	$-0.56	$0.12	$-0.54	$-0.68	$1.56	$-0.69	$-0.66	$-0.66	$-0.67	$-0.58	$-0.53	$-0.45	$-0.47
Avg Forecast	$-0.25	$-0.40	$-0.43	$-0.47	$-0.56	$-0.56	$-0.53	$-0.05	$-0.62	$-0.53	$-0.50	$-0.51	$-0.77	$-0.66	$-0.81	$-0.76	$-0.46	$-0.47	$-0.47	$0.47	$-0.17	$2.50	$-0.67	$-0.69	$-0.65	$-0.54	$-0.50	$-0.44	$-0.48	$-0.40
High Forecast	$-0.22	$-0.35	$-0.37	$-0.42	$-0.49	$-0.50	$-0.47	$-0.04	$-0.57	$-0.47	$-0.44	$-0.45	$-0.72	$-0.58	$-0.71	$-0.66	$-0.41	$-0.47	$-0.47	$0.47	$-0.17	$2.50	$-0.67	$-0.69	$-0.65	$-0.54	$-0.50	$-0.44	$-0.48	$-0.40
Low Forecast	$-0.27	$-0.44	$-0.47	$-0.52	$-0.61	$-0.62	$-0.58	$-0.05	$-0.68	$-0.58	$-0.55	$-0.56	$-0.82	$-0.72	$-0.89	$-0.83	$-0.51	$-0.47	$-0.47	$0.47	$-0.17	$2.50	$-0.67	$-0.69	$-0.65	$-0.54	$-0.50	$-0.44	$-0.48	$-0.40
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	0.00%	0.81%	-0.02%	0.73%	1.36%	1.20%	-0.26%	-1.16%	3.93%	0.62%	1.04%	0.95%	1.02%	1.25%	1.16%	1.21%	0.94%	1.17%

According to 5 Wall Street analysts, Alector's projected average Quarter EPS for Sep 23 is $-0.66, with a low estimate of $-0.72 and a high estimate of $-0.58. This represents a -4084.12% decrease compared to ALEC previous annual EPS of $0.02 (Jun 23).

Alector Peer Comparison by Price Target

Ticker	Company	Last Closing Price	Avg Price Target	Upside/Downside	Avg Rating
PASG	Passage Bio	$0.67	$6.00	795.52%	Buy
BDTX	Black Diamond Therapeutics	$2.50	$20.00	700.00%	Buy
CABA	Cabaletta Bio	$2.75	$16.33	493.82%	Buy
LRMR	Larimar Therapeutics	$4.32	$17.00	293.52%	Buy
STOK	Stoke Therapeutics	$12.10	$26.50	119.01%	Buy
ALEC	Alector	$1.89	$4.00	111.64%	Buy
RVMD	Revolution Medicines	$45.16	$65.67	45.42%	Buy

ALEC Forecast FAQ

Is Alector a good buy?

Yes, according to 5 Wall Street analysts, Alector (ALEC) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 3 'Buy' recommendations, accounting for 60.00% of ALEC's total ratings.

What is ALEC's price target?

Alector (ALEC) average price target is $4 with a range of $4 to $4, implying a 115.05% from its last price of $1.86. The data is based on 5 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

Will Alector stock go up soon?

According to Wall Street analysts' prediction for ALEC stock, the company can go up by 115.05% (from the last price of $1.86 to the average price target of $4), up by 115.05% based on the highest stock price target, and up by 115.05% based on the lowest stock price target.

Can Alector stock reach $3?

ALEC's average twelve months analyst stock price target of $4 supports the claim that Alector can reach $3 in the near future.

What is Alector's current price target trend?

1 Wall Street analyst forecast a $4 price target for Alector (ALEC) this month, up 115.05% from its last price of $1.86. Compared to the last 3 and 12 months, the average price target increased by 115.05% and increased by 115.05%, respectively.

What are Alector's analysts' financial forecasts?

Alector's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $30.68M (high $32.9M, low $27.76M), average EBITDA is $-25.212M (high $-22.811M, low $-27.031M), average net income is $-165M (high $-144M, low $-180M), average SG&A $35.45M (high $38M, low $32.07M), and average EPS is $-1.702 (high $-1.494, low $-1.864). ALEC's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $105.11M (high $112.69M, low $95.1M), average EBITDA is $-86.367M (high $-78.142M, low $-92.598M), average net income is $-150M (high $-131M, low $-164M), average SG&A $121.43M (high $130.19M, low $109.86M), and average EPS is $-1.551 (high $-1.359, low $-1.696).

Did the ALEC's actual financial results beat the analysts' financial forecasts?

Based on Alector's last annual report (Dec 2023), the company's revenue was $97.06M, beating the average analysts forecast of $30.7M by 216.14%. Apple's EBITDA was $-152M, beating the average prediction of $-67.837M by 123.68%. The company's net income was $-130M, missing the average estimation of $-268M by -51.28%. Apple's SG&A was $56.69M, beating the average forecast of $35.47M by 59.83%. Lastly, the company's EPS was $-0.0016, missing the average prediction of $-3.001 by -99.95%. In terms of the last quarterly report (Dec 2023), Alector's revenue was $15.19M, beating the average analysts' forecast of $8.84M by 71.89%. The company's EBITDA was $-41.199M, beating the average prediction of $-7.261M by 467.39%. Alector's net income was $-41.434M, missing the average estimation of $-74.538M by -44.41%. The company's SG&A was $14.92M, beating the average forecast of $10.21M by 46.15%. Lastly, the company's EPS was $-0.0005, missing the average prediction of $-0.771 by -99.94%