Altimmune, Inc.(ALT)Stock Analysis
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Rank #2,837 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
ALT Stock Analysis & AI Quality Score
AI stock analysis and institutional research for Altimmune, Inc. (ALT), a Healthcare sector company. 13F Pro's AI-powered ranking engine scores ALT at 7.3/100 on a 32-signal composite quality model, placing it at rank #2,837 of 2,879 stocks — the bottom half of the AI-ranked universe. ALT scores in the top quartile across institutional flow (91.7). Areas of concern include profitability (0.1) and free cash flow (0.1), which score below median versus the broader universe. Shareholder dilution risk is elevated at 0.1/100, reflecting ongoing share issuance or stock-based compensation. Based on the latest XBRL financial filings (Q1 2026), Altimmune, Inc. reports net income of $-22.6M, free cash flow of $-21.0M. Top institutional holders of ALT by reported 13-F value include BlackRock,, STATE STREET, VANGUARD CAPITAL MANAGEMENT, based on the most recent SEC filings. ALT trades on the Nasdaq exchange and files with the SEC under CIK 1326190. 13F Pro's AI research platform runs 10 specialized AI analysts — value, growth, momentum, macro, and activist specialists — that debate ALT 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 Altimmune, Inc. directly from SEC EDGAR. Altimmune, Inc.'s 13F Pro composite quality score has ranged between 2 and 41 since 2021, currently 7.3 — an improving long-term trajectory across 34 quarterly and live scoring snapshots.
Net Income
Q1 2026
$-22.6M
Free Cash Flow
Q1 2026
$-21.0M
D/E Ratio
Q1 2026
0.12
Revenue & Net Income
Earnings Per Share
Key Financials Over Time
Export Financial Table · Pro+Revenue
+726.5% YoYNet Income
-4.4% YoYOperating Income
-9.3% YoYEPS (Diluted)
+8.3% YoYTotal Assets
+1.8% YoYTotal Debt
Op. Cash Flow
-21.1% YoY| Metric | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2017 |
|---|---|---|---|---|---|---|
| Revenue | $426.0K +726.5% | $-68.0K -101.5% | $4.4M -46.1% | $8.2M +41.1% | $5.8M -46.0% | $10.7M |
| Net Income | $-88.4M -4.4% | $-84.7M +12.7% | $-97.1M -98.0% | $-49.0M -139.0% | $-20.5M +55.8% | $-46.4M |
| Operating Income | $-95.9M -9.3% | $-87.7M +9.5% | $-96.9M -76.9% | $-54.8M -155.3% | $-21.5M +58.8% | $-52.0M |
| EPS (Diluted) | $-1.66 +8.3% | $-1.81 +23.0% | $-2.35 -23.0% | $-1.91 | — | — |
| Total Assets | $210.6M +1.8% | $206.9M -5.5% | $218.9M -10.7% | $245.1M +353.4% | $54.1M -14.2% | $63.0M |
| Total Debt | — | $4.6M +215.1% | $1.5M -20.5% | $1.8M -2.0% | $1.9M +210.9% | $599.9K |
| Operating Cash Flow | $-75.8M -21.1% | $-62.6M +20.0% | $-78.2M -128.1% | $-34.3M -257.3% | $-9.6M +52.5% | $-20.2M |
AI Insight: ALT Financial Trends
Altimmune remains pre-revenue with mounting debt and equity dilution offsetting modest operating expense improvements.
• Operating income loss narrowed from $27M in Q2 2024 to $24M in Q1 2026, showing expense discipline despite zero revenue.
• Total debt surged from $14M in Q2 2025 to $35M in Q1 2026; equity grew to $284M, indicating reliance on capital raises.
• Operating cash burn moderated to $12M in Q3 2025 from $27M in Q3 2024, but rebounded to $21M by Q1 2026.
⚠ Equity nearly doubled from $153M (Q2 2024) to $284M (Q1 2026)—heavy shareholder dilution to fund pre-revenue operations.
⚠ Net loss deteriorated to $27M in Q4 2025, the worst quarter in the dataset; trajectory into 2026 warrants close monitoring.
AI Insight: ALT Ratio Trends
Altimmune showing dramatic improvement in ROIC and ROE, though all remain deeply negative—recovery trajectory still unproven at breakeven.
• ROIC improved from -80.5% in Q4 2024 to -30.4% in TTM 2026—nearly 50pp swing in profitability metrics.
• ROE recovered from -75.1% in Q4 2024 to -31.8% in Q1 2026, narrowing losses materially across the trailing year.
• Leverage remains minimal: D/E stable at 0.12 in TTM, down from peak 0.15 in Q4 2025.
⚠ Q1 2026 shows ROIC/ROE stalling at -30.4% and -31.8%—no sequential progress from Q3 2025 trough.
⚠ All profitability ratios remain substantially negative; company still unprofitable and burning capital.
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Available Research
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Top Institutional Holders of ALT
BlackRock, Inc.
$39.4M12,795,277 shSTATE STREET CORP
$22.0M7,145,550 shVANGUARD CAPITAL MANAGEMENT LLC
$17.4M5,658,049 shVANGUARD PORTFOLIO MANAGEMENT LLC
$16.6M5,382,002 shMARSHALL WACE, LLP
$12.4M4,017,901 shMILLENNIUM MANAGEMENT LLC
$10.0M3,258,191 shGEODE CAPITAL MANAGEMENT, LLC
$9.6M3,107,096 shAlyeska Investment Group, L.P.
$8.1M2,644,600 shTWO SIGMA INVESTMENTS, LP
$7.6M2,478,900 shNuveen, LLC
$7.2M2,334,601 sh
| Fund | Value | Shares |
|---|---|---|
| BlackRock, Inc. | $39.4M | 12,795,277 |
| STATE STREET CORP | $22.0M | 7,145,550 |
| VANGUARD CAPITAL MANAGEMENT LLC | $17.4M | 5,658,049 |
| VANGUARD PORTFOLIO MANAGEMENT LLC | $16.6M | 5,382,002 |
| MARSHALL WACE, LLP | $12.4M | 4,017,901 |
| MILLENNIUM MANAGEMENT LLC | $10.0M | 3,258,191 |
| GEODE CAPITAL MANAGEMENT, LLC | $9.6M | 3,107,096 |
| Alyeska Investment Group, L.P. | $8.1M | 2,644,600 |
| TWO SIGMA INVESTMENTS, LP | $7.6M | 2,478,900 |
| Nuveen, LLC | $7.2M | 2,334,601 |
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Popular Research
Is ALT a good stock to buy?
13F Pro's AI-powered analysis of Altimmune, Inc. (ALT) 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 ALT are available on the ALT 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 ALT?
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 ALT. 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 Altimmune, Inc.'s investment landscape.