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How to Buy Alnylam Pharmaceuticals Stock

Alnylam Pharmaceuticals Inc

Alnylam Pharmaceuticals, Inc. , a biopharmaceutical company, focuses on discovering, developing, and commercializing novel therapeutics based on ribonucleic acid interference.

Alnylam Pharmaceuticals stock last closed at $154.74, up 3.37% from the previous day, and has decreased 22.58% in one year. It has overperformed other stocks in the Biotechnology industry by 0.03 percentage points. Alnylam Pharmaceuticals stock is currently +7.82% from its 52-week low of $143.52, and -29.3% from its 52-week high of $218.88.

There are currently 125.95M ALNY shares outstanding. The market value of ALNY is $19.49B. In the last 24 hours, 2.64M ALNY shares were traded.

How to Buy Alnylam Pharmaceuticals Stock

Wondering how to invest in Alnylam Pharmaceuticals stock? Here's how.
  1. Decide where to buy Alnylam Pharmaceuticals stock: You need to pick an online brokerage, but don't worry - we've tried dozens of online brokerages and apps to help you determine where to buy Alnylam Pharmaceuticals stock.
  2. Sign up for a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've found.
  3. Deposit money your brokerage account: Select your payment method and add your info.
  4. Evaluate Alnylam Pharmaceuticals stock: The Alnylam Pharmaceuticals ticker symbol is ALNY. Is Alnylam Pharmaceuticals stock a good investment? Should you buy shares of ALNY? How do ALNY's underlying business fundamentals look? Do top analysts think Alnylam Pharmaceuticals is a good buy? Why has ALNY's stock price moved recently? (Hint: Our stock market research website can help you evaluate if ALNY is a good stock to buy).
  5. Execute your ALNY purchase: Decide if you will purchase ALNY shares at the current market price or use a limit order to purchase ALNY stock at a particular price.
  6. Keep tabs on your ALNY investment: Create a watchlist to important notifications about your investment in Alnylam Pharmaceuticals stock.

Step 1: Decide where to buy Alnylam Pharmaceuticals stock

You will need an online brokerage account in order to access the NASDAQ market and buy ALNY shares.

A brokerage account is an investment account that allows you to buy and sell a variety of financial instruments, including stocks, bonds, mutual funds, and ETFs.

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Step 2: Sign up for a brokerage account

Now that you've selected your brokerage, you'll need to fill out some personal details so you are able to buy ALNY stock today.

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Step 3: Deposit money your brokerage account

Now that you have opened your account on the best app for stock investing, you need to deposit funds:

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Step 4: Evaluate Alnylam Pharmaceuticals stock

After you have chosen the best place to buy Alnylam Pharmaceuticals stock, it's critical to analyze their stock prior to investing, so you can understand the risk as well as the opportunity.

Overview of key ALNY info

ALNY Price
$154.74
1w %
-5.73%
1y %
-22.58%
5y %
103.04%
P/E
-43.96x
P/B
-88.33x
P/S
10.57x
PEG
N/A
Revenue
$1.83B
Earnings
-$440.24M
Fore. Rev. Growth
21.78%
Fore. Earn. Growth
N/A
Market Cap
$19.49B
Next Earnings
N/A
Next Dividend
N/A

ALNY Fundamentals

WallStreetZen was created to help everyday investors do more accurate fundamental analysis quickly.

You can see all of the due diligence checks on ALNY's stock page.

Is ALNY stock properly valued?

Investors use many financial metrics, analyses, models, and charts to gauge ALNY's intrinsic value.

You can access more valuation research on ALNY's stock here.

ALNY Financial Health

Passed Financial Due Diligence Checks:

  • ALNY profit margin has gone up from -109% to -24.1% in the past year.
  • There are more short-term assets than short-term liabilities on the ALNY balance sheet.

Failed Financial Due Diligence Checks:

  • ALNY debt to equity ratio of -18.36 is negative.
  • There are more long-term liabilities than short-term assets on the ALNY balance sheet.
  • ALNY's operating cash flow of $104.16M allows it to safely service it's debt of $1.31B.
  • Total ALNY debt is still negative.
  • ALNY earnings of -$312.30M is not enough to cover its interest payments.

Do analysts think it's a good time to buy Alnylam Pharmaceuticals stock

Out of 14 Wall Street analysts who give ratings on ALNY, the consensus analyst rating on Alnylam Pharmaceuticals is a Buy

Please keep in mind that analyst forecasts are not recommendations, nor are they investment advice.

Latest ALNY Analyst Upgrades/Downgrades

Salveen Richter, a top 27% analyst from Goldman Sachs downgrades ALNY to a hold rating and lowers their ALNY price target from $230.00 to $173.00, on Feb 16, 2024.

Joseph Stringer, a top 10% analyst from Needham reiterates ALNY with a buy rating and maintains their ALNY price target from $200.00 to $200.00, on Feb 15, 2024.

Michael Ulz, a top 5% analyst from Morgan Stanley maintains ALNY with a hold rating and lowers their ALNY price target from $184.00 to $176.00, on Feb 13, 2024.

Jessica Fung, a bottom 30% analyst from JP Morgan maintains ALNY with a hold rating and raises their ALNY price target from $150.00 to $170.00, on Feb 1, 2024.

Patrick Trucchio, a top 9% analyst from HC Wainwright & Co. reiterates ALNY with a buy rating and maintains their ALNY price target from $395.00 to $395.00, on Dec 15, 2023.

You can dive deeper into what analysts are saying on the Alnylam Pharmaceuticals stock forecast page.

Metrics for Advanced ALNY Traders

SMA10
160.25
SMA20
168.8
SMA50
180.2
SMA100
173.25
SMA200
183.29
MACD
-8.38
MACD Signal
-6.33
MACD Histogram
-2.06
RSI
34.07
Stochastic %K
20.1
Stochastic %D
14.46
StochRSI %K
32.48
StochRSI %D
16.74

ALNY Growth Metrics

Last year, ALNY revenue was $1.83B. Over the last five year, ALNY's revenue has gone up by 89.45% per year. This was faster than the Biotechnology industry average of 38%.

You can analyze ALNY's earnings and revenue performance here.

Who is buying/selling ALNY?

Over the past year, insiders at ALNY have sold more shares than they have bought.

Pushkal Garg, CMO EVP Dev Med Affairs of ALNY, was the latest ALNY insider to sell. They sold $23,248.68 worth of ALNY shares on Feb 16, 2024.

Research more about who owns ALNY shares here.

Does ALNY stock generate passive income?

No, Alnylam Pharmaceuticals doesn't provide an income stream by paying out dividends.

What do other traders have to say about ALNY?

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Step 5: Execute your ALNY purchase

There are two primary types of orders:

  • Market order: A market order is an order to buy or sell a stock at the best price on the market.
    Market orders are generally the best for newer investors.
  • Limit order: A limit order is an order to buy or sell a stock at a specific price (or better).
    If you want to ensure you're buying or selling at a specific dollar amount, place a limit order.

Click the Open Trade button and your broker will place your order.

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Step 6: Keep tabs on your ALNY investment

Now that you own some ALNY stock, you'll want to keep up with your new shares.

Put ALNY on a watchlist to track your ALNY stock.

ALNY Feed

How to Buy Stock in Alnylam Pharmaceuticals

To summarize, here are the 6 steps to buy stock in Alnylam Pharmaceuticals:

  1. Decide where to buy Alnylam Pharmaceuticals stock
  2. Sign up for a brokerage account
  3. Deposit money your brokerage account
  4. Evaluate Alnylam Pharmaceuticals stock
  5. Execute your ALNY purchase
  6. Keep tabs on your ALNY investment

If you need a online brokerage, eToro is our favorite venue.

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eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

If you would like to watch your new investment in Alnylam Pharmaceuticals, get started below.

NASDAQ: ALNY
$154.74+5.05 (+3.37%)
Updated Feb 21, 2024
Open eToro Account
NASDAQ: ALNY
$154.74+5.05 (+3.37%)
Updated Feb 21, 2024
Open eToro Account

FAQ

How much does it cost to buy one Alnylam Pharmaceuticals share?

As of Feb 21, 2024, it costs $154.74 to buy one share of Alnylam Pharmaceuticals stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $100, you can buy 0.646 shares of ALNY.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Is now a good time to buy Alnylam Pharmaceuticals stock?

According to 14 Wall Street analysts who monitor Alnylam Pharmaceuticals, their consensus recommendation is to buy Alnylam Pharmaceuticals stock.

What is the best way to buy Alnylam Pharmaceuticals stock?

One way to place an order for Alnylam Pharmaceuticals stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.