ALVO icon

Alvotech

13.16 USD
-0.07
0.53%
At close Jan 2, 4:00 PM EST
1 day
-0.53%
5 days
6.39%
1 month
12.86%
3 months
6.99%
6 months
7.52%
Year to date
15.85%
1 year
15.85%
5 years
17.61%
10 years
17.61%
 

About: Alvotech is an integrated biopharmaceutical company committed to developing and manufacturing high-quality biosimilar medicines for patients globally. its purpose is to improve the health and quality of life of patients around the world by improving access to proven treatments for various diseases.

Employees: 999

0
Funds holding %
of 6,812 funds
Analysts bullish %

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

25% more first-time investments, than exits

New positions opened: 5 | Existing positions closed: 4

3% more funds holding

Funds holding: 31 [Q2] → 32 (+1) [Q3]

2% more capital invested

Capital invested by funds: $180M [Q2] → $184M (+$3.58M) [Q3]

0% more funds holding in top 10

Funds holding in top 10: 3 [Q2] → 3 (+0) [Q3]

0.19% less ownership

Funds ownership: 5.37% [Q2] → 5.19% (-0.19%) [Q3]

20% less repeat investments, than reductions

Existing positions increased: 8 | Existing positions reduced: 10

Research analyst outlook

We haven’t received any recent analyst ratings for ALVO.

Financial journalist opinion

Based on 5 articles about ALVO published over the past 30 days

Negative
Zacks Investment Research
3 days ago
Are Medical Stocks Lagging Alvotech (ALVO) This Year?
Here is how Alvotech (ALVO) and Adma Biologics (ADMA) have performed compared to their sector so far this year.
Are Medical Stocks Lagging Alvotech (ALVO) This Year?
Neutral
GlobeNewsWire
1 week ago
Alvotech Added to Nasdaq Biotech Index Effective Monday December 23, 2024
REYKJAVIK, Iceland, Dec. 23, 2024 (GLOBE NEWSWIRE) -- Alvotech (NASDAQ: ALVO), a global biotech company specializing in the development and manufacture of biosimilar medicines for patients worldwide, today announced that its stock will be added to the Nasdaq Biotechnology Index (NASDAQ: NBI). The addition comes as a part of the annual reconstitution of the index. Alvotech's inclusion in the NBI will be effective when the U.S. market opens on Monday, December 23, 2024.
Alvotech Added to Nasdaq Biotech Index Effective Monday December 23, 2024
Neutral
GlobeNewsWire
1 week ago
Alvotech Added to Nasdaq Biotech Index Effective Monday December 23, 2024
Alvotech (NASDAQ: ALVO), a global biotech company specializing in the development and manufacture of biosimilar medicines for patients worldwide, today announced that its stock will be added to the Nasdaq Biotechnology Index (NASDAQ: NBI). The addition comes as a part of the annual reconstitution of the index. Alvotech's inclusion in the NBI will be effective when the U.S. market opens on Monday, December 23, 2024.
Alvotech Added to Nasdaq Biotech Index Effective Monday December 23, 2024
Positive
Zacks Investment Research
2 weeks ago
Wall Street Analysts Believe Alvotech (ALVO) Could Rally 39.83%: Here's is How to Trade
The mean of analysts' price targets for Alvotech (ALVO) points to a 39.8% upside in the stock. While this highly sought-after metric has not proven reasonably effective, strong agreement among analysts in raising earnings estimates does indicate an upside in the stock.
Wall Street Analysts Believe Alvotech (ALVO) Could Rally 39.83%: Here's is How to Trade
Positive
Zacks Investment Research
3 weeks ago
Is Alvotech (ALVO) Stock Outpacing Its Medical Peers This Year?
Here is how Alvotech (ALVO) and Twist Bioscience (TWST) have performed compared to their sector so far this year.
Is Alvotech (ALVO) Stock Outpacing Its Medical Peers This Year?
Negative
Seeking Alpha
1 month ago
Alvotech's Position In The Coming Biosimilar Gold Rush
Alvotech focuses on biosimilars, aiming to lower healthcare costs amid rising drug prices and regulatory pressure against price hikes. Alvotech's aggressive market expansion shows promise with significant revenue growth and strategic product rollouts, despite a leveraged balance sheet. A diverse pipeline targeting high-value biologics and recent regulatory milestones position Alvotech for significant market impact in the biosimilar sector.
Alvotech's Position In The Coming Biosimilar Gold Rush
Neutral
Seeking Alpha
1 month ago
Alvotech (ALVO) Q3 2024 Earnings Call Transcript
Alvotech (NASDAQ:ALVO ) Q3 2024 Earnings Conference Call November 14, 2024 8:00 AM ET Company Participants Benedikt Stefansson - Senior Director, Investor Relations and Global Communications Robert Wessman - Chairman and Chief Executive Officer Anil Okay - Chief Commercial Officer Joel Morales - Chief Financial Officer Ming Li - Chief Strategy Officer Conference Call Participants Balaji Prasad - Barclays Niall Alexander - Deutsche Bank Carl Byrnes - Northland Capital Markets Operator Good day, and thank you for standing by. Welcome to the Alvotech's Third Quarter 2024 Earnings Conference Call.
Alvotech (ALVO) Q3 2024 Earnings Call Transcript
Positive
Zacks Investment Research
1 month ago
Alvotech (ALVO) Q3 Earnings and Revenues Beat Estimates
Alvotech (ALVO) came out with quarterly earnings of $0.19 per share, beating the Zacks Consensus Estimate of a loss of $0.15 per share. This compares to loss of $0.82 per share a year ago.
Alvotech (ALVO) Q3 Earnings and Revenues Beat Estimates
Neutral
GlobeNewsWire
1 month ago
Alvotech Attending Citi's Global Healthcare Conference on December 4, 2024, and Evercore's HealthCONx Conference on December 5, 2024
REYKJAVIK, Iceland, Nov. 07, 2024 (GLOBE NEWSWIRE) -- Alvotech (NASDAQ: ALVO), a global biotech company specializing in the development and manufacture of biosimilar medicines for patients worldwide, announced today its participation in Citi's 2024 Global Healthcare Conference in Miami, Florida on December 4, 2024, and in Evercore's HealthCONx Conference in Coral Gables, Florida on December 5, 2024. Members of the management team will host one-on-one meetings at both conferences. Alvotech will also hold a fire-side chat at Evercore's HealthCONx Conference on Thursday, December 5, 2024 starting at 12:55 ET (17:55 GMT).
Alvotech Attending Citi's Global Healthcare Conference on December 4, 2024, and Evercore's HealthCONx Conference on December 5, 2024
Neutral
GlobeNewsWire
1 month ago
Alvotech Attending Citi's Global Healthcare Conference on December 4, 2024, and Evercore's HealthCONx Conference on December 5, 2024
Alvotech (NASDAQ: ALVO), a global biotech company specializing in the development and manufacture of biosimilar medicines for patients worldwide, announced today its participation in Citi's 2024 Global Healthcare Conference in Miami, Florida on December 4, 2024, and in Evercore's HealthCONx Conference in Coral Gables, Florida on December 5, 2024. Members of the management team will host one-on-one meetings at both conferences. Alvotech will also hold a fire-side chat at Evercore's HealthCONx Conference on Thursday, December 5, 2024 starting at 12:55 ET (17:55 GMT).
Alvotech Attending Citi's Global Healthcare Conference on December 4, 2024, and Evercore's HealthCONx Conference on December 5, 2024
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