Alector, Inc.(ALEC)Stock Analysis
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Rank #2,820 of 2,879 stocks
Rankings refresh quarterly once 80% of peers have filed (~45 days after quarter-end). Next update: ~Aug 14, 2026.
Revenue Growth
Profitability
Balance Sheet
Earnings Quality
Free Cash Flow
Institutional Flow
Revenue Scale
Dilution Risk
ALEC Stock Analysis & AI Quality Score
AI stock analysis and institutional research for Alector, Inc. (ALEC), a Healthcare sector company. 13F Pro's AI-powered ranking engine scores ALEC at 8.9/100 on a 32-signal composite quality model, placing it at rank #2,820 of 2,879 stocks — the bottom half of the AI-ranked universe. Areas of concern include revenue growth (1.1) and free cash flow (3.6), which score below median versus the broader universe. Shareholder dilution risk is elevated at 2.6/100, reflecting ongoing share issuance or stock-based compensation. Based on the latest XBRL financial filings (Q1 2026), Alector, Inc. reports quarterly revenue of $1.0M, net income of $-22.9M, free cash flow of $-49.9M. Top institutional holders of ALEC by reported 13-F value include TCG Crossover Management,, BlackRock,, Foresite Capital Management IV,, based on the most recent SEC filings. ALEC trades on the Nasdaq exchange and files with the SEC under CIK 1653087. 13F Pro's AI research platform runs 10 specialized AI analysts — value, growth, momentum, macro, and activist specialists — that debate ALEC daily and publish AI-generated analysis with cited SEC sources. The platform aggregates historical XBRL financial facts, 10-Q and 10-K filings, insider Form 4 transactions, and institutional 13-F holdings for Alector, Inc. directly from SEC EDGAR. Alector, Inc.'s 13F Pro composite quality score has ranged between 6 and 72 since 2021, currently 8.9 — a declining long-term trajectory across 56 quarterly and live scoring snapshots.
Revenue
Q1 2026
$1.0M
Net Income
Q1 2026
$-22.9M
Free Cash Flow
Q1 2026
$-49.9M
D/E Ratio
Q1 2026
0.94
Revenue & Net Income
Earnings Per Share
Key Financials Over Time
Export Financial Table · Pro+Revenue
+3.6% YoYNet Income
+8.5% YoYOperating Income
+4.4% YoYEPS (Diluted)
+21.2% YoYTotal Assets
-24.7% YoYTotal Debt
Op. Cash Flow
-24.8% YoY| Metric | FY 2024 | FY 2023 | FY 2021 | FY 2020 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|
| Revenue | $100.6M +3.6% | $97.1M -53.1% | $207.1M +881.5% | $21.1M +464.9% | $3.7M | — |
| Net Income | $-119.0M +8.5% | $-130.0M -257.8% | $-36.3M +80.9% | $-190.2M -485.7% | $-32.5M | — |
| Operating Income | $-145.0M +4.4% | $-151.7M -306.2% | $-37.4M +80.9% | $-195.2M -497.2% | $-32.7M | — |
| EPS (Diluted) | $-1.23 +21.2% | $-1.56 -246.7% | $-0.45 +81.6% | $-2.45 | — | — |
| Total Assets | $468.3M -24.7% | $621.8M -23.7% | $814.7M +66.9% | $488.3M | — | — |
| Total Debt | $10.0M | $0.00 | — | — | — | — |
| Operating Cash Flow | $-229.9M -24.8% | $-184.2M -161.7% | $298.6M +279.1% | $-166.7M -838.2% | $-17.8M | — |
AI Insight: ALEC Financial Trends
Alector is in terminal cash burn with equity collapsing to $10M—the company has months of runway remaining.
• Revenue collapsed from $54M in Q4 2024 to $1M in Q1 2026, a 98% decline over four quarters.
• Operating cash outflow has averaged $49M per quarter since Q2 2025, depleting equity from $127M to $10M.
• Net losses persist every quarter, ranging $23M–$42M, with no path to profitability evident.
⚠ Equity stands at $10M in Q1 2026 against $10M debt—balance sheet is critically stressed.
⚠ At current $50M quarterly cash burn, estimated runway is weeks without material revenue or capital raise.
AI Insight: ALEC Ratio Trends
Alector is unprofitable across all metrics with deteriorating leverage; D/E nearly doubled from Q4 2025 to Q1 2026 TTM.
• ROA worsened from -1.8% in Q4 2024 to -38.2% in Q1 2026, reflecting persistent operating losses and shrinking asset productivity.
• Debt-to-equity jumped from 0.08 in Q4 2024 to 0.94 in TTM 2026, signaling rapid leverage accumulation amid ongoing cash burn.
• Q4 2024 alone showed OpMargin of -13.4% and ROIC of -21.2%; insufficient quarterly data thereafter prevents trend confirmation.
⚠ D/E tripled in final quarter (Q4 2025 0.34 → Q1 2026 TTM 0.94); monitor debt covenant compliance and liquidity runway.
⚠ Sequential ROA deterioration Q4 2024 (-1.8%) to Q1 2026 (-38.2%) suggests accelerating losses; path to profitability unclear.
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Available Research
13F Pro tracks comprehensive data for Alector, Inc. including:
Top Institutional Holders of ALEC
TCG Crossover Management, LLC
$21.5M10,000,000 shBlackRock, Inc.
$16.6M7,741,245 shForesite Capital Management IV, LLC
$8.4M3,887,200 shVANGUARD CAPITAL MANAGEMENT LLC
$7.9M3,678,722 shMerck & Co., Inc.
$7.6M3,545,719 shD. E. Shaw & Co., Inc.
$7.2M3,332,835 sh683 Capital Management, LLC
$6.9M3,200,000 shBALYASNY ASSET MANAGEMENT L.P.
$6.3M2,935,253 shNantahala Capital Management, LLC
$6.1M2,815,983 shVANGUARD PORTFOLIO MANAGEMENT LLC
$5.6M2,583,542 sh
| Fund | Value | Shares |
|---|---|---|
| TCG Crossover Management, LLC | $21.5M | 10,000,000 |
| BlackRock, Inc. | $16.6M | 7,741,245 |
| Foresite Capital Management IV, LLC | $8.4M | 3,887,200 |
| VANGUARD CAPITAL MANAGEMENT LLC | $7.9M | 3,678,722 |
| Merck & Co., Inc. | $7.6M | 3,545,719 |
| D. E. Shaw & Co., Inc. | $7.2M | 3,332,835 |
| 683 Capital Management, LLC | $6.9M | 3,200,000 |
| BALYASNY ASSET MANAGEMENT L.P. | $6.3M | 2,935,253 |
| Nantahala Capital Management, LLC | $6.1M | 2,815,983 |
| VANGUARD PORTFOLIO MANAGEMENT LLC | $5.6M | 2,583,542 |
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Popular Research
Is ALEC a good stock to buy?
13F Pro's AI-powered analysis of Alector, Inc. (ALEC) draws on SEC EDGAR-sourced fundamentals, institutional 13F holdings, and insider Form 4 transactions in the Healthcare sector (listed on Nasdaq). The 32-signal AI Quality Score, current rank, and full bull/bear verdict for ALEC are available on the ALEC stock profile dashboard — with the same data, AI insights, ratios, and institutional activity refreshed after every 10-K, 10-Q, 13F, and Form 4 filing.
Which hedge funds own ALEC?
Institutional investors are required to disclose their holdings quarterly via SEC Form 13F. 13F Pro aggregates these filings to show which hedge funds, mutual funds, and asset managers are buying or selling ALEC. Combined with insider transaction data from Form 4 filings and AI-powered analysis from 10 specialized research agents, 13F Pro provides a comprehensive view of Alector, Inc.'s investment landscape.