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ALTAltimmune, Inc.
$3.08$272M
Overview & Verdict
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ALT logoAltimmune, Inc.(ALT)Earnings, Financials & Key Ratios

ALT•NASDAQ
$3.08
Price updated Jul 6, 2026
SectorHealthcareIndustryBiotechnologySub-IndustryMetabolic and Obesity Therapies
AboutAltimmune, Inc., a clinical stage biopharmaceutical company, focuses on developing treatments for obesity and liver diseases. The company's lead product candidate, pemvidutide (proposed INN, formerly known as ALT-801), is a GLP-1/glucagon dual receptor agonist that is in Phase 1b trial for the treatment of obesity and non-alcoholic steatohepatitis. It is also developing HepTcell, an immunotherapeutic product candidate, which is in Phase 2 clinical trial for patients chronically infected with the hepatitis B virus. The company was formerly known as Vaxin Inc. and changed its name to Altimmune, Inc. in September 2015. Altimmune, Inc. was founded in 1997 is headquartered in Gaithersburg, Maryland.Show more
  • Revenue$41K+105.0%
  • EBITDA-$94M+8.3%
  • Net Income-$88M+7.3%
  • EPS (Diluted)-1.00+25.4%
  • Gross Margin100%
  • EBITDA Margin-230187.8%+55.3%
  • Operating Margin-230460.98%+55.3%
  • Net Margin-214860.98%+54.8%
  • ROE-50.57%+15.5%

ALT Price & Volume

Altimmune, Inc. (ALT) stock price & volume — 10-year historical chart

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Persistent Clinical Burn Outpaces Commercial Revenue Foundation

Investment Thesis • Updated 2026Q1

VerdictNegative
Growth:Mixed
Profitability:Negative
Financial:Vulnerable
Cash Flow:Burning
Primary Risk:Imminent dilutive capital raise

Key Thesis Takeaways

  • Altimmune remains a high-risk, pre-revenue biotechnology firm heavily reliant on the clinical success of its pemvidutide program to justify its current valuation.
  • The company's reliance on external capital is underscored by a massive $672.0 million accumulated deficit and consistent quarterly net losses exceeding $20 million.
  • Investors should monitor the firm's ability to secure strategic partnerships or non-dilutive funding, as the current cash burn rate threatens long-term solvency without further equity or debt issuance.

Verdict Logic

the company's reliance on capital markets is evidenced by a $672.0 million accumulated deficit and a persistent quarterly net loss trajectory that necessitates ongoing dilutive financing.

ALT Growth Metrics

Altimmune, Inc. (ALT) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR

Revenue CAGR

10 Years-42.64%
5 Years-65.33%
3 Years-
TTM80%

Profit CAGR

10 Years-
5 Years-
3 Years-
TTM-0.93%

EPS CAGR

10 Years-
5 Years-
3 Years-
TTM26.19%

Return on Capital

10 Years-60.14%
5 Years-50.01%
3 Years-53.48%
Last Year-47.99%

ALT Recent Earnings

Altimmune, Inc. (ALT) EPS & revenue vs analyst estimates — last 4 quarters

Full history →
●Beat EPS 10/12 qtrs (83%)●Beat Revenue 10/12 qtrs (100%)
Q2 2026Latest
May 13, 2026
Metric
Actual
Est
EPS
$0.18+28.0%
$0.25
Rev
—
$1,429
Q2 2026
Mar 5, 2026
Metric
Actual
Est
EPS
$0.27-8.0%
$0.25
Rev
$26,000+4576.3%
$556
Q4 2025
Nov 6, 2025
Metric
Actual
Est
EPS
$0.21+27.6%
$0.29
Rev
$5,000+792.9%
$560
Q3 2025
Aug 12, 2025
Metric
Actual
Est
EPS
$0.27+15.6%
$0.32
Rev
$5,000+249.9%
$1,429
QuarterDateEPS (Act vs Est)Revenue (Act vs Est)
Q2 2026LatestMay 13, 2026
$0.18vs $0.25+28.0%
—vs $1,429
Q2 2026Mar 5, 2026
$0.27vs $0.25-8.0%
$26,000vs $556+4576.3%
Q4 2025Nov 6, 2025
$0.21vs $0.29+27.6%
$5,000vs $560+792.9%
Q3 2025Aug 12, 2025
$0.27vs $0.32+15.6%
$5,000vs $1,429+249.9%
Based on last 12 quarters of dataView full earnings history →

Latest ALT News

Recent stock market news and headlines for Altimmune, Inc. (ALT)

GuruFocus·Jun 29, 2026
AbbVie Receives Positive CHMP Opinion for Upadacitinib (RINVOQ®) for the Treatment of Adults and Adolescents with Severe Alopecia Areata

AbbVie Receives Positive CHMP Opinion for Upadacitinib (RINVOQÂ) for the Treatment of Adults and Adolescents with Severe Alopecia Areata

Zacks Investment Research·Jun 26, 2026
Zacks Industry Outlook Indivior, Aurinia, Ironwood, Altimmune and Marker

Indivior, Aurinia, Ironwood, Altimmune and Marker have been highlighted in this Industry Outlook article.

Zacks Investment Research·Jun 25, 2026
5 Small Drug Stocks to Invest in Amid a Biotech Comeback

Innovation is at its peak in the Zacks Medical-Drugs industry. INDV, AUPH, IRWD, ALT and MRKR may prove to be good additions to one's portfolio.

Peers Comparison

Key metrics vs top competitors for Altimmune, Inc. (ALT)

Full Screener →
CompanyPriceMarket CapP/E RatioRev Growth (1Y)Net MarginROEDiv Yield
ALT logoALTAltimmune, Inc.Current
$3.08$271.83M-3.08105%-214860.98%-50.57%—
VKTX logoVKTXViking Therapeutics, Inc.
$38.71$4.49B-12.13——-71.31%—
TERN logoTERNTerns Pharmaceuticals, Inc.
$52.95$4.77B-51.41——-20.02%—
NRXP logoNRXPNRx Pharmaceuticals, Inc.
$3.95$68.19M-2.94—-1070.26%——
GPCR logoGPCRStructure Therapeutics Inc.
$54.75$3.15B-22.81——-15.14%—
ELVN logoELVNEnliven Therapeutics, Inc.
$50.01$3.05B-27.33——-21.04%—

Compare ALT vs Peers

Altimmune, Inc. (ALT) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.

Closest Rival

vs VKTX

Most directly comparable listed peer for ALT.

Scale Benchmark

vs LLY

Larger-name benchmark to compare ALT against a more recognizable public peer.

Peer Set

Compare Top 5

vs VKTX, TERN, NRXP, GPCR

ALT SEC Filings & Documents

Altimmune, Inc. (ALT) SEC filings — annual & quarterly reports (10-K, 10-Q)

8-K Announcements

6
Material company update

May 13, 2026·SEC

Material company update

Apr 24, 2026·SEC

Material company update

Apr 16, 2026·SEC

10-K Annual Reports

4
FY 2026

Mar 6, 2026·SEC

FY 2025

Feb 27, 2025·SEC

FY 2024

Mar 27, 2024·SEC

10-Q Quarterly Reports

6
FY 2026

May 13, 2026·SEC

FY 2025

Nov 6, 2025·SEC

FY 2025

Aug 12, 2025·SEC

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ALT Frequently Asked Questions

Altimmune, Inc. (ALT) stock FAQ — growth, dividends, profitability & financials explained

Growth & Financials
What is Altimmune, Inc.'s revenue?

Altimmune, Inc. (ALT) reported $0.0M in revenue for fiscal year 2025. This represents a 94% decrease from $0.6M in 2005.

How fast is Altimmune, Inc. growing?

Altimmune, Inc. (ALT) grew revenue by 105.0% over the past year. This is strong growth.

Is ALT profitable?

Altimmune, Inc. (ALT) reported a net loss of $91.1M for fiscal year 2025.

Dividend & Returns
What is ALT's return on equity?

Altimmune, Inc. (ALT) has a return on equity (ROE) of -50.6%. Negative ROE indicates the company is unprofitable.

What is Altimmune, Inc.'s free cash flow?

Altimmune, Inc. (ALT) had negative free cash flow of $72.0M in fiscal year 2025, likely due to heavy capital investments.

What if you invested $1,000 in ALT back in 2005?

Total return calculator · dividends reinvested · 21+ years of data

See returns →