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ALT Stock Risk & Deep Value Analysis

Altimmune Inc

Healthcare • Biotechnology

DVR Score

8.6

out of 10

Hidden Gem

What You Need to Know About ALT Stock

We analyzed Altimmune Inc using our deep value framework. Sign in to see our full verdict and DVR Score.

We ran ALT through our deep value framework — analyzing financial health, distress signals, competitive moat, and risk factors. Our risk assessment: Aggressive. Here's what we found.

Updated Mar 23, 2026Run Fresh Analysis →

ALT Risk Analysis & Red Flags

Risk Matrix

Overall

Aggressive

Financial

Medium

Market

Medium

Competitive

High

Execution

Medium

Regulatory

Medium

Upcoming Risk Events

  • 📅

    Phase 3 trial delays or unexpected adverse events

  • 📅

    Negative or non-differentiated RECLAIM Phase 2 data

  • 📅

    Failure to secure a strategic partnership for Pemvidutide

  • 📅

    Increased competitive pressure or emergence of superior therapies

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What Does Altimmune Inc (ALT) Do?

Market Cap

$428.29M

Sector

Healthcare

Industry

Biotechnology

Employees

59

Altimmune, Inc., a clinical stage biopharmaceutical company, focuses on developing treatments for obesity, metabolic, and liver diseases. Its lead product candidate is pemvidutide, a GLP-1/glucagon dual receptor agonist, which is in Phase 3 trial for the treatment of obesity and metabolic associated steatohepatitis. The company was founded in 1997 and is headquartered in Gaithersburg, Maryland.

Visit Altimmune Inc Website

Investment Thesis

Altimmune is a compelling high-risk, high-reward investment poised for exponential growth (10x potential) driven by Pemvidutide, a dual GLP-1/glucagon agonist, targeting the vast obesity and MASH markets. The recent FDA Breakthrough Therapy Designation for MASH dramatically de-risks the program and positions the company for accelerated development and potential market leadership. With a robust cash position and strategic partnerships on the horizon, Altimmune is executing on critical milestones that could unlock substantial shareholder value as it advances to Phase 3.

Is ALT Stock Undervalued?

Altimmune continues to demonstrate significant 10x growth potential, primarily driven by Pemvidutide, its differentiated dual GLP-1/glucagon agonist. The recent FDA Breakthrough Therapy Designation for MASH is a pivotal, highly positive development, substantially de-risking the program and accelerating its path to market leadership in a multi-billion dollar TAM. A bolstered cash position of $340M post-offering provides a strong runway for Phase 3 initiation. While significant cash burn and potential future dilution remain, these are typical for clinical-stage biotechs. Strong insider buying and positive analyst sentiment, including a major price target upgrade, further validate the opportunity. The score reflects increased confidence following regulatory validation and strengthened financials.

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ALT Price Targets & Strategy

12-Month Target

$22.00

Bull Case

$30.00

Bear Case

$10.00

Valuation Basis

Based on average analyst price targets ($19.20 median, $22.38 average) reflecting a de-risked MASH program with FDA Breakthrough Therapy Designation and future revenue potential post-Phase 3.

Entry Strategy

Consider dollar-cost averaging around the current price of $3.51, given strong analyst conviction and recent positive catalysts. Look for dips towards $3.00 (recent support) if market volatility arises.

Exit Strategy

Take partial profits at $15.00 (5x return) and $22.00 (12-month target). Consider a stop-loss order below $2.50 to protect against unexpected negative clinical or regulatory news.

Portfolio Allocation

7% for aggressive risk tolerance

Price Targets & Strategy

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Is ALT Financially Healthy?

Valuation

P/E Ratio

-3.50

Price/Book

1.68

Profitability

Operating Margin

-2304609.80%

Net Margin

-214860.98%

Return on Equity

-49.35%

EPS

$-0.27

Balance Sheet

Current Ratio

18.55

Quick Ratio

18.55

Debt/Equity

0.16

Total Debt

$34.29M

Cash & Equivalents

$274.00M

Other

Beta (Volatility)

0.13

Does ALT Have a Competitive Moat?

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Moat Rating

🛡️ Narrow

Moat Trend

Expanding

Moat Sources

2 Identified

Intangible Assets/IP (Pemvidutide's unique mechanism, patents)Regulatory Moat (FDA Breakthrough Therapy Designation)

The moat is primarily driven by intellectual property protection and the significant regulatory advantage of Breakthrough Therapy Designation, which can accelerate market entry and create a first-mover advantage for this specific mechanism in MASH. Its durability hinges on successful clinical outcomes and effective commercialization.

Moat Erosion Risks

  • Failure of Pemvidutide in Phase 3 trials or inability to differentiate efficacy/safety vs. competitors
  • Introduction of superior or more cost-effective therapies by larger pharmaceutical companies
  • Expiration of key patents without new pipeline assets to sustain growth

ALT Competitive Moat Analysis

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ALT Market Intelligence

Sentiment & Insider Activity

Social Sentiment

Neutral to Bullish (implied by institutional and insider activity)

Institutional Sentiment

Positive (78.05% institutional ownership; H.C. Wainwright Buy, target up $12 to $25; Truist Buy initiation $12; mixed views with B. Riley reducing target $18 to $13)

Insider Activity (Form 4)

CFO Gregory L. Weaver bought 5,000 shares ($17,700) on March 6, 2026. CEO Jerome Benedict Durso bought 20,000 shares (recently) and 12,500 shares ($51,625) on Dec 22, 2025. Total last 3 months: Insiders bought 30,527 shares ($125,278).

Options Flow

Normal options activity

Earnings Intelligence

Next Earnings

Estimated early May 2026 (for Q1 2026)

Surprise Probability

Medium

Historical Earnings Pattern

As a clinical-stage biotech, stock price reaction is highly sensitive to clinical milestones and regulatory updates, less so to minor quarterly revenue or EPS figures. Volatility expected around major news events.

Key Metrics to Watch

Cash burn rate and cash runway guidanceR&D expenditure associated with Phase 3 planningUpdates on strategic partnership discussionsCommentary on competitive landscape

Competitive Position

Top Competitor

Eli Lilly (LLY) / Novo Nordisk (NVO) (Obesity) & Madrigal Pharmaceuticals (MDGL) (MASH)

Market Share Trend

Gaining (Pemvidutide has zero market share but is positioned to enter and capture significant share in high-unmet need markets, especially with BT designation for MASH)

Valuation vs Peers

Currently valued at a significant discount to commercial-stage MASH/GLP-1 leaders, reflecting its clinical-stage status and higher risk profile, but at a premium for its significant 10x potential.

Competitive Advantages

  • Differentiated dual GLP-1/glucagon agonist mechanism (Pemvidutide)
  • FDA Breakthrough Therapy Designation for MASH
  • Strong balance sheet for funding near-term clinical trials

Market Intelligence

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What Could Drive ALT Stock Higher?

Near-Term (0-6 months)

  • Q1 2026 Earnings (Estimated early May 2026)
  • Phase 3 MASH trial initiation (Planned 2026)
  • Topline data from RECLAIM Phase 2 trial (3Q 2026)

Medium-Term (6-18 months)

  • Strategic partnership announcement for Pemvidutide
  • Updates on MASH Phase 3 trial enrollment progress
  • Clinical trial updates for obesity program

Long-Term (18+ months)

  • Successful completion of MASH Phase 3 trials and data release
  • Regulatory submission and approval of Pemvidutide in MASH and/or obesity
  • Commercial launch and market penetration of Pemvidutide

Catalysts & Growth Drivers

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What's the Bull Case for ALT?

  • Announcement of a strategic partnership for Pemvidutide

  • Positive Phase 3 MASH clinical trial updates or interim data

  • Cash burn rate relative to cash on hand and future funding needs

Bull Case Analysis

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Competing with ALT

See how Altimmune Inc compares to related companies

CompanyMarket CapDVR ScoreP/ERevenueProfit MarginRev Growth

Altimmune Inc

ALT

$428.3M8.6-3.5$26.0M-214861.0%0.0%

AbbVie Inc

ABBV

$403.8B0.1171.8Compare →

Johnson & Johnson

JNJ

1.0Compare →

Eli Lilly and Co

LLY

$965.0B0.552.6Compare →

Pfizer Inc

PFE

$150.6B0.219.4$62.6B12.4%-1.6%Compare →

UnitedHealth Group Inc

UNH

$276.2B0.322.9$113.7B2.7%1181.0%Compare →

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FAQ

What is the DVR Score for Altimmune Inc (ALT)?

As of March 23, 2026, Altimmune Inc has a DVR Score of 8.6 out of 10, placing it in the "Hidden Gem" category. This score is generated by our AI-powered deep value analysis framework that evaluates growth potential, financial health, competitive moat, and risk factors.

What is the market capitalization of Altimmune Inc?

Altimmune Inc's market capitalization is approximately $428.3M. The company operates in the Healthcare sector within the Biotechnology industry.

What ticker symbol does Altimmune Inc use?

ALT is the ticker symbol for Altimmune Inc. The company trades on the NGM.

What is the risk level for ALT stock?

Our analysis rates Altimmune Inc's overall risk as Aggressive. This assessment considers execution risk, market risk, financial risk, competitive risk, and regulatory risk. For a full breakdown, see the risk analysis section above.

What is the P/E ratio of ALT?

Altimmune Inc currently has a price-to-earnings (P/E) ratio of -3.5. This is below the market average, which could indicate the stock is undervalued or facing headwinds.

Is Altimmune Inc's revenue growing?

Altimmune Inc has reported revenue growth of 0.0%. Revenue has been declining, which warrants closer examination.

Is ALT stock profitable?

Altimmune Inc has a profit margin of -214861.0%. The company is currently unprofitable.

How often is the ALT DVR analysis updated?

Our AI-powered analysis of Altimmune Inc is refreshed regularly to incorporate the latest financial data, market conditions, and news. The most recent update was on March 23, 2026.

Important Disclaimer – Not Financial Advice

Deep Value Reports is an independent research platform for educational and informational purposes only. We are not financial advisors, investment advisors, or licensed professionals. The analysis, scores, and information provided on this page for ALT (Altimmune Inc) should not be construed as personalized investment advice, a recommendation to buy or sell any security, or an offer to provide investment advisory services.

All investments involve risk, including the potential loss of principal. Past performance does not guarantee future results. Always conduct your own research, consider your financial situation, and consult with a qualified financial advisor before making any investment decisions.

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