WallStreetZenWallStreetZen

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

Analyst price target for ALEC

Based on 4 analysts offering 12 month price targets for Alector Inc.
Min Forecast
$9.00+74.08%
Avg Forecast
$19.25+272.34%
Max Forecast
$41.00+693.04%

Should I buy or sell ALEC stock?

Based on 4 analysts offering ratings for Alector Inc.
Strong Buy
Strong Buy
3 analysts 75%
Buy
1 analysts 25%
Hold
0 analysts 0%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

Be the first to know when Wall Street analysts revise their ALEC stock forecasts and price targets.

ALEC stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
lockedlocked$00.00+00.00%2024-02-28
lockedlocked$00.00+00.00%2023-12-14
lockedlocked$00.00+00.00%2023-12-12
lockedlocked$00.00+00.00%2023-11-17

1 of 1

Forecast return on equity

Is ALEC forecast to generate an efficient return?
Company
N/A
Industry
N/A
Market
35.81%

Forecast return on assets

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

ALEC revenue forecast

What is ALEC's revenue in the next 3 years based on estimates from 3 analysts?
Avg 1 year Forecast
$63.6M-34.49%
Avg 2 year Forecast
$69.7M-28.24%
Avg 3 year Forecast
$191.7M+97.52%
ALEC's revenue is forecast to... subscribe to Premium to read more.
Forecast High Revenue Growth Forecast

ALEC revenue growth forecast

How is ALEC forecast to perform vs Biotechnology companies and vs the US market?
Company
13.52%
Industry
37.64%
Market
10.1%
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$5.17$19.25+272.34%Strong Buy
URGN$14.37$44.00+206.19%Buy
AVBP$15.90$30.67+92.87%Strong Buy
KALV$11.44$29.50+157.87%Buy
ABSI$4.51$9.25+105.10%Strong Buy

Alector Stock Forecast FAQ

Is Alector Stock a good buy in 2024, according to Wall Street analysts?

The consensus among 4 Wall Street analysts covering (NASDAQ: ALEC) stock is to Strong Buy ALEC stock.

Out of 4 analysts, 3 (75%) are recommending ALEC as a Strong Buy, 1 (25%) are recommending ALEC as a Buy, 0 (0%) 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 revenue growth forecast for 2024-2026?

(NASDAQ: ALEC) Alector's forecast annual revenue growth rate of 13.52% is not forecast to beat the US Biotechnology industry's average forecast revenue growth rate of 37.64%, and while it is forecast to beat the US market's average forecast revenue growth rate of 10.1%.

Alector's revenue in 2024 is $97,062,000.On average, 3 Wall Street analysts forecast ALEC's revenue for 2024 to be $6,088,312,383, with the lowest ALEC revenue forecast at $5,817,724,977, and the highest ALEC revenue forecast at $6,223,701,835. On average, 4 Wall Street analysts forecast ALEC's revenue for 2025 to be $6,668,935,889, with the lowest ALEC revenue forecast at $4,101,898,256, and the highest ALEC revenue forecast at $9,574,925,900.

In 2026, ALEC is forecast to generate $18,357,047,935 in revenue, with the lowest revenue forecast at $18,357,047,935 and the highest revenue forecast at $18,357,047,935.

What is ALEC's forecast return on assets (ROA) for 2024-2027?

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

What is ALEC's Price Target?

According to 4 Wall Street analysts that have issued a 1 year ALEC price target, the average ALEC price target is $19.25, with the highest ALEC stock price forecast at $41.00 and the lowest ALEC stock price forecast at $9.00.

On average, Wall Street analysts predict that Alector's share price could reach $19.25 by Feb 28, 2025. The average Alector stock price prediction forecasts a potential upside of 272.34% from the current ALEC share price of $5.17.

What is ALEC's forecast return on equity (ROE) for 2024-2027?

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