profit from every $100 of sales.

Alpha Cognition
Trading in the middle of its range for the past year.
The essentials
Four questions every investor asks, answered in one line each.
more sales each year, on average.
It has no yearly profit to compare the price with.
It holds more cash than debt.
Money in, money out
What Alpha Cognition sold, what it kept, and what it did with the cash.
Sales went from $0 in 2022 to $10.2 million in 2025, with -$20.7 million of profit last year.
Alpha Cognition vs. similar companies
How it compares with the largest companies in its industry.
| Company | Profit from $100 of sales | Sales growth a year | Price per $1 of profit |
|---|---|---|---|
Alpha Cognition | No profit yet | ||
Voya Financial | 14.2× · Cheap | ||
Twenty One Capital | 2,228.4× · No profit yet | ||
Enhanced Group | No profit yet | ||
Morgan Stanley Direct Lending Fund | 9.5× · Cheap |
AI analysis
An AI analyst reads Alpha Cognition's last five years, its segments, earnings, insiders and peers, and writes the bull case, the bear case and what the price expects.
Run the AI analysisFull statementsIncome, balance sheet and cash flow, year by year
Income statement
| In millions of USD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| 0 | 0 | 0 | 10 | |
| – | – | 0 | 8 | |
| -13 | -10 | -12 | -23 | |
| -12 | -14 | -11 | -23 | |
| -12 | -14 | -15 | -21 | |
| -4.50 | -3.84 | -2.04 | -1.17 | |
| – | – | – | 81.3% | |
| – | – | – | -220.9% | |
| – | – | – | -202.2% |
Balance sheet
| In millions of USD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Total assets | 3 | 2 | 51 | 80 |
| Cash | 2 | 1 | 49 | 66 |
| Total debt | 1 | 1 | 1 | – |
| Total liabilities | 4 | 7 | 12 | 17 |
| -1 | -5 | 39 | 63 | |
| 3 | 4 | 7 | 18 | |
| – | – | -22.8% | -28.5% | |
| 917.7% | 292.6% | -37.8% | -33.1% |
Cash flow
| In millions of USD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| -9 | -9 | -8 | -20 | |
| 0 | – | 0 | 0 | |
| -9 | -9 | -8 | -21 | |
| Dividends paid | 0 | 0 | – | – |
| – | – | – | – | |
| 2 | 2 | 1 | 5 |
Valuation
- –
- –
- –
- 2.3×
- 18.4×
- –
- –
- -11.0%
- -11.0%
- 0.0%
Profitability
- 81.3%
- -220.9%
- -202.2%
- -249.6%
- -42.4%
- 2,255.4%
- -54.1%
- -36.3%
- -42.4%
- 23.6%
Growth
- –
- –
- −165.7%
- –
- +69.7%
Financial health
- -2.9×
- 0.00
- 0.0%
- –
- 12.64
- 11.52
- 0.16
How it ranks in Financial Services
Each dot is where the company stands among every company over $300M in the sector. Further right is better.
What analysts expect
- Average price target
- $14.00
- Range
- $14.00 – $14.00
- 1 analysts
These targets were collected on May 20, 2026 and our analyst feed has not updated since, so we no longer compare them with today's price.
Recent earnings
Our results feed has not updated since May 21, 2026. Results reported after that are not in this table yet.
| Date | EPS | Expected | Surprise |
|---|---|---|---|
| May 14, 2026 | -0.37 | -0.41 | +9.8% |
| Mar 26, 2026 | -0.30 | -0.27 | −11.1% |
| Nov 13, 2025 | -0.30 | -0.43 | +30.2% |
| Aug 14, 2025 | -0.65 | -0.46 | −41.3% |
| May 15, 2025 | -0.20 | -0.58 | +65.5% |
| Mar 31, 2025 | -0.51 | -0.48 | −6.3% |
| Nov 14, 2024 | -0.31 | -1.00 | +69.0% |
| Aug 12, 2024 | -0.35 | -1.00 | +64.8% |
News
Alpha and Omega Semiconductor surges over 20% for second consecutive sessionSeeking Alpha · Nov 9, 2026Insider trades
Our insider feed has not updated since May 26, 2026. Trades filed after that are not listed yet.
No insider trades on file.
The seven classic investing rulebooks
0/7Passes 0 of 7. Each bar is how well the company fits that investor's published rules, from 0 to 100; 60 or more counts as a pass.
Questions about Alpha Cognition
Is Alpha Cognition a good stock to buy?
A business with weak numbers that is not profitable yet. 0 of the 7 famous investors' published rulebooks we apply pass it. Whether it suits you depends on your goals and the price you pay; invest-like never tells anyone to buy or sell. The AI analysis lays out the case for and against. Read the Alpha Cognition AI analysis
What does Alpha Cognition do?
Alpha Cognition Inc., a clinical stage biopharmaceutical company, engages in the development of treatments for Alzheimer's disease and amyotrophic lateral sclerosis (ALS). It is in Financial - Conglomerates.
Does Alpha Cognition pay a dividend?
No. Alpha Cognition does not pay a dividend at the moment.
Is Alpha Cognition stock halal?
No. Alpha Cognition does not pass our halal screen: its main business, financial services, is not permitted. How we check
How has Alpha Cognition stock done over the past year?
Up 40.8% over the past twelve months, to $8.62. It traded between $4.50 and $9.75 and is 11.6% below its high.
Who are Alpha Cognition's competitors?
The largest listed companies in the same industry are Voya Financial, Twenty One Capital, Enhanced Group and Morgan Stanley Direct Lending Fund. The peers table on this page compares their profit, growth and price with Alpha Cognition's.
Prices: daily closes to Nov 11, 2026. Fundamentals: company reports via invest-like data.



