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NASDAQ: ALEC
Alector Inc Stock Forecast, Predictions & Price Target

Analyst price target for ALEC

Based on 6 analysts offering 12 month price targets for Alector Inc.
Min Forecast
$8.00+16.28%
Avg Forecast
$15.67+127.72%
Max Forecast
$41.00+495.93%

Should I buy or sell ALEC stock?

Based on 6 analysts offering ratings for Alector Inc.
Buy
Strong Buy
3 analysts 50%
Buy
1 analysts 16.67%
Hold
2 analysts 33.33%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

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ALEC stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
Cantor Fitzgerald
Bottom 3%
3
Strong BuyInitiates Coverage On$13.00+88.95%2023-09-22
Mizuho
Bottom 4%
4
Strong BuyMaintains$10.00+45.35%2023-08-11
Stifel Nicolaus
Bottom 11%
11
HoldMaintains$8.00+16.28%2023-08-08
Morgan Stanley
Bottom 3%
3
HoldReiterates$10.00+45.35%2023-08-07
HC Wainwright & Co.
Bottom 1%
1
BuyReiterates$41.00+495.93%2023-08-04
Barclays
Top 20%
81
Strong BuyMaintains$12.00+74.42%2023-05-05

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Forecast return on equity

Is ALEC forecast to generate an efficient return?
Company
N/A
Industry
0.91%
Market
28.82%

Forecast return on assets

Is ALEC forecast to generate an efficient return on assets?
Company
N/A
Industry
0.07%

ALEC revenue growth forecast

How is ALEC forecast to perform vs Biotechnology companies and vs the US market?
Company
7.31%
Industry
35.95%
Market
8.15%
ALEC's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
ALEC's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Market Forecast

ALEC vs Biotech Stocks

TickerPricePrice TargetUp/downsideConsensus
ALEC$6.88$15.67+127.72%Buy
OABI$5.01$9.67+92.95%Strong Buy
FDMT$13.91$28.25+103.09%Strong Buy
ALPN$11.52$19.33+67.82%Buy
TVTX$7.85$21.10+168.79%Strong Buy

Alector Stock Forecast FAQ

Is Alector Stock a good buy in 2023, according to Wall Street analysts?

The consensus among 6 Wall Street analysts covering (NASDAQ: ALEC) stock is to Buy ALEC stock.

Out of 6 analysts, 3 (50%) are recommending ALEC as a Strong Buy, 1 (16.67%) are recommending ALEC as a Buy, 2 (33.33%) are recommending ALEC as a Hold, 0 (0%) are recommending ALEC as a Sell, and 0 (0%) are recommending ALEC as a Strong Sell.

If you're new to stock investing, here's how to buy Alector stock.

What is ALEC's forecast return on equity (ROE) for 2023-2026?

(NASDAQ: ALEC) forecast ROE is N/A, which is considered weak.

What is ALEC's Price Target?

According to 6 Wall Street analysts that have issued a 1 year ALEC price target, the average ALEC price target is $15.67, with the highest ALEC stock price forecast at $41.00 and the lowest ALEC stock price forecast at $8.00.

On average, Wall Street analysts predict that Alector's share price could reach $15.67 by Sep 22, 2024. The average Alector stock price prediction forecasts a potential upside of 127.72% from the current ALEC share price of $6.88.

What is ALEC's forecast return on assets (ROA) for 2023-2026?

(NASDAQ: ALEC) forecast ROA is N/A, which is lower than the forecast US Biotechnology industry average of 0.07%.
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