ALX Oncology Holdings Inc.

ALXO

Healthcare Biotechnology

EPS
+73.5%
Free cash flow
+31.7%
Total debt
−3.34%

Quarter to June 2026, against a year earlier

1.16 0.01 +0.87%
Market cap
$159.7M
P/E
n/m
Fwd P/E
n/m
Dividend yield
—
F-score
n/a
ROIC
−673.3%
Net debt / EBITDA
0.3×
Dividend safety
n/a

Insider Decisions last twelve months

Net bought
$5.0M
Trades
7 sells · 1 buy
Ownership
21.5%

Capital & Financial Ratios $m

Size
Market Cap 160
Revenue ttm 2
Net income ttm (81)
Free cash flow ttm (71)
Net debt Q (129)
Valuation
P/E n/m
Forward P/E n/m
Price / sales 64.5 (above 10: high)
Forward P/S Powerpack
Price / FCF n/m
Price / book 1.2
Financial health
Current ratio Q 9.7 (at or above 1.5: strong)
Debt / equity Q 0.1 (at or below 0.5: strong)
Interest coverage Q (63.3)
Growth
Revenue growth Q −100.0% (below 0%: shrinking)
Operating income growth Q +32.3% (above 0%: growing)
EPS, this year +70.6% (at or above 15%: strong)
EPS, next year A +2.2%
Revenue, next year A −100.0% (below 0%: weak)
EPS, past 5 yrs —
EPS, next 5 yrs A +34.9% (at or above 15%: strong)

Green and red mark values outside typical ranges; (Q) is the latest quarter, (A) analysts’ estimates; n/m is not meaningful, as a P/E on a loss. How we judge →

Valuation vs history

P/S against its own 10 years 30.45%
10-year low 10-year high
P/B against its own 10 years 30.77%
10-year low 10-year high
EV/Sales against its own 10 years 15.18%
10-year low 10-year high

Dividends

Yield
—
Annual rate
—
Payout ratio
—

Assets vs Liabilities $m

2023 2024 2025 Q'26
Cash 183 128 45 138
Receivables — — — —
Inventory — — — —
Other — — — —
189 134 51 143
2023 2024 2025 Q'26
Payables 9 4 5 3
ST’ Debt — 0 5 —
Other — — — —
36 19 25 15

Compound Annual Growth %

10y 5y 3y
Sales — — —
Cash Flow — 0.00% 0.00%
Earnings — 0.00% 0.00%
Book Value — (42.95%) (53.80%)

Earnings Trends EPS, adjusted, against the consensus

EPS $

Mar Jun Sep Dec Year
’26 (0.17) (0.13) — — —
’25 (0.58) (0.49) (0.41) (0.42) (1.90)
’24 (0.71) (0.76) (0.58) (0.55) (2.58)
’23 (0.74) (0.84) (1.24) (0.93) (3.74)
’22 (0.60) (0.81) (0.87) (0.75) (3.03)
’21 (0.35) (0.40) (0.61) (0.70) (2.07)
’20 (1.74) (4.41) (0.36) (0.50) (2.76)
Fiscal quarters ending in the months shown.

Revenue $m

Mar Jun Sep Dec Year
’26 — — — — —
’20 1 1 — 0 1
’19 — 1 1 — 5
Fiscal quarters ending in the months shown.

Operating Cash Flow $m

Mar Jun Sep Dec Year
’26 (19) (16) — — —
’25 (25) (23) (17) (19) (84)
’24 (38) (27) (25) (32) (122)
’23 (28) (32) (31) (40) (130)
’22 (21) (17) (31) (21) (89)
’21 (5) (21) (25) (17) (68)
’20 (9) (6) (10) (14) (38)
Fiscal quarters ending in the months shown.

Free Cash Flow $m

Mar Jun Sep Dec Year
’26 (19) (16) — — —
’25 (25) (23) (17) (19) (84)
’24 (38) (27) (26) (32) (122)
’23 (29) (33) (30) (40) (132)
’22 (21) (17) (31) (21) (91)
’21 (5) (21) (25) (22) (73)
’20 (9) (6) (10) (14) (38)
Fiscal quarters ending in the months shown.

Target Price Range

Analyst price targets

Recommendation Rating

1.3
1Buy 2 3Hold 4 5Sell

Ten years at a glance Fiscal years to December

Ten-year view Analyst estimates Powerpack
Group Line 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 TTM Jun ’26 Trend 10 yrs 2026e 2027e 2028e Next 3/yr
Income, $m
Income, $m Revenue — — 2 5 1 — — — — — 2 (24.4%) — — — —
Gross margin, % — — 9.05 9.09 9.05 0.00 0.00 — — — 0.00 (9.0) pt
EBT — — (14) (19) (45) (83) (123) (161) (135) (102) (81) +33.2%
EBT margin, % — — (662.12) (400.52) (3,849.32) 0.00 0.00 0.00 0.00 0.00 0.00 +662.1 pt
Net income — 0 (14) (19) (46) (83) (123) (161) (135) (102) (81) n/m
Per share, $
Per share, $ Revenue — — 0.75 1.56 0.06 0.00 0.00 0.00 0.00 0.00 0.00 n/m
Earnings — — (6.33) (7.56) (2.76) (2.07) (3.03) (3.74) (2.58) (1.90) (1.13) (15.8%)
Cash flow — — (4.79) (4.63) (2.07) (1.69) (2.19) (3.03) (2.34) (1.57) (0.52) (14.8%)
Capex — — (0.24) (0.11) 0.00 (0.12) (0.04) (0.03) (0.01) 0.00 0.00 (44.2%)
Free cash flow — — (5.03) (4.75) (2.07) (1.81) (2.23) (3.06) (2.35) (1.57) (0.52) (15.3%)
Book value — — 0.00 (22.96) 23.25 9.01 6.47 4.41 2.18 0.48 1.00 n/m
Shares, m — — 3 3 18 40 41 43 52 54 87 +52.9%
Valuation, ×
Valuation, × P/E — — 0.00 0.00 0.00 — — — — — 0.00 0.0
P/S — — 25.44 25.44 653.57 — — — — — 64.54 234.8
P/B — — 0.00 0.00 3.71 — — — — — 1.16 1.2
EV/Sales — — 0.67 0.67 477.83 — — — — — 13.96 159.7
EV/FCF — — (0.12) (0.12) (30.40) — — — — — (0.48) (10.2)
Cash, $m
Cash, $m Operating cash flow — — (13) (14) (38) (68) (89) (130) (122) (84) (71) +30.3%
Capex — — (1) 0 0 (5) (1) (1) 0 0 0 (14.8%)
Free cash flow — — (14) (15) (38) (73) (91) (132) (122) (84) (71) +29.5%
Balance, $m
Balance, $m Working capital — — 8 5 430 352 243 153 116 26 129 +17.8%
Net debt — — (8) (4) (434) (361) (256) (173) (118) (35) (129) +22.9%
Shareholders’ equity — — — (71) 430 363 263 190 114 26 136 n/m
Returns, %
Returns, % ROA — — 0.00 (435.95) (22.81) (20.45) (35.97) (58.58) (69.10) (98.34) (63.16) (98.3) pt
ROIC — — 0.00 0.00 0.00 (2,661.67) (1,036.13) (640.53) 0.00 0.00 (673.30) 0.0 pt
ROE — — 28.43 38.02 (28.36) (21.05) (39.42) (70.97) (88.91) (145.70) (80.65) (174.1) pt
People
People Employees — — — 15 23 43 58 72 80 43 — +19.2%
Revenue/emp, $m — — 0.00 0.32 0.05 0.00 0.00 0.00 0.00 0.00 — n/m
Negative figures in brackets.
estimates

All 10 years →

Fiscal years to Dec 2020 · latest quarter Dec 2020 · fundamentals updated 26 Oct 2026

ALX Oncology Holdings Inc. vs peers in Biotechnology (Q) = latest quarter vs a year earlier

Company Market cap P/E Fwd P/E Revenue growth (Q) EPS growth (Q) FCF growth (Q) Gross margin (Q) EBIT margin (Q) Compare
PEPG PepGen, Inc. $171.1M — (loss-making) — — n/m +33.02% (above 0%: growing) 0.00% 0.00% Compare
CNTN Canton Strategic Holdings, Inc. $164.1M — (loss-making) — — n/m −600.39% (below 0%: shrinking) 100.00% (80.37%) Compare
ZNTL Zentalis Pharmaceuticals, Inc. $162.8M — (loss-making) — (loss-making) — n/m −9.06% (below 0%: shrinking) 100.00% 0.00% Compare
IPHA Innate Pharma S.A. Sponsored ADR $160.9M — (loss-making) — +246.29% (above 0%: growing) +106.08% (above 0%: growing) −929.03% (below 0%: shrinking) 0.00% 0.00% Compare
ORMP Oramed Pharmaceuticals Inc. $160.6M 0.9× 0.9× +193.26% (above 0%: growing) +493.75% (above 0%: growing) +94.29% (above 0%: growing) 0.65% 0.00% Compare
ALXO ALX Oncology Holdings Inc. $159.7M — (loss-making) — (loss-making) −100.00% (below 0%: shrinking) n/m +31.65% (above 0%: growing) 0.00% 0.00%
STRO Sutro Biopharma, Inc. $159.5M — (loss-making) — (loss-making) −84.57% (below 0%: shrinking) n/m +14.55% (above 0%: growing) 100.00% (303.77%) Compare
ANTX AN2 Therapeutics, Inc. $150.9M — (loss-making) — — n/m +7.91% (above 0%: growing) 0.00% 0.00% Compare
INO Inovio Pharmaceuticals, Inc. $125.6M — (loss-making) — (loss-making) −83.19% (below 0%: shrinking) n/m +13.41% (above 0%: growing) 100.00% 0.00% Compare
Median of peers $160.7M — — +55.04% — +10.66% 50.33% 0.00%

All 621 Biotechnology stocks →

Pay and ownership Proxy statement filed 20 April 2026

Ownership

Directors and executive officers, together 12.40%
Corey Goodman, Ph.D. 9.80%
RA Capital Management, L.P. 9.70%
Entities affiliated with TCG Crossover 9.70%
Entities affiliated with venBio Partners 9.60%
Ownership is the proxy’s own table: the directors and officers as a group, and every holder of 5% or more. Read the proxy statement

ALX Oncology Holdings Inc. (ALXO) Latest News

1 Jun

Impact 3 · · The Motley Fool transcript

7 Mar

Impact 3 · · TipRanks

10 Feb

Impact 3 · · Simply Wall St.

12 Jan

18 Nov

Impact 3 · · GlobeNewswire
stockrow.com/ALXO · Data as of Oct 26, 2026 · For information only; not investment advice. · © 2026 stockrow.com