Alto Neuroscience, Inc.

ANRO Healthcare Biotechnology

In the quarter to June 2026, EPS was flat, free cash flow fell 43.4% and total debt fell 15.7%, each against the same quarter a year earlier.

22.07 0.55 −2.43%
Market cap
$887.7M
P/E
0.0×
Fwd P/E
—
Dividend yield
—
F-score
n/a
Altman Z
n/a
Beneish M
n/a
Dividend safety
n/a

Insider Decisions trades per month

Total sells 3.57
Totals in millions of $.
Dec 25 Mar 26 Jun 26 Sep 26
Buy — — — — — — — — — — — —
Sell — — — — — — — — — — 1 —
Insider Ownership 16.96%

Capital & Financial Ratios $m

Market Cap 887.66
Revenue —
Net Income (84.24)
Free Cash Flow (68.84)
Net Debt (225.08)
Current Ratio 14.85 (at or above 1.5: strong)
Debt/Equity 0.09 (at or below 0.5: strong)
P/E ratio 0.00
Fwd P/E —
P/S ratio 0.00
P/B ratio 4.31
Past 5Y EPS Growth —
This Y EPS Growth (27.14%) (below 0%: weak)
Next Y EPS Growth (10.23%) (below 0%: weak)
Next Y revenue growth —
Next 5Y EPS Growth (11.71%) (below 0%: weak)

Green and red mark values outside typical ranges. How we judge →

Valuation vs history

Dividends

Payout Ratio —
Annual Dividend Rate —
Annual Dividend Yield —

Assets vs Liabilities $m

2023 2024 2025 Q'26
Cash 83 168 176 244
Receivables — — — —
Inventory — — — —
Other — — — —
85 169 178 247
2023 2024 2025 Q'26
Payables 1 2 2 4
ST’ Debt — — 1 4
Other — — — —
6 10 11 17

Compound Annual Growth %

10y 5y 3y
Sales — — —
Cash Flow — — 0.00%
Earnings — — 0.00%
Book Value — — 64.70%

Revenue $m

Mar Jun Sep Dec Year
’26 — — — — —
Fiscal quarters ending in the months shown.

Operating Cash Flow $m

Mar Jun Sep Dec Year
’26 (27) (20) — — —
’25 (17) (14) (10) (12) (52)
’24 (11) (12) (12) (13) (47)
’23 (8) (7) (8) (12) (33)
’22 — — — (20) (20)
Fiscal quarters ending in the months shown.

Free Cash Flow $m

Mar Jun Sep Dec Year
’26 (28) (20) — — —
’25 (17) (14) (10) (12) (52)
’24 (11) (12) (13) (14) (49)
’23 (8) (7) (8) (12) (34)
’22 — — — (21) (21)
Fiscal quarters ending in the months shown.

EPS $

Mar Jun Sep Dec Year
’26 (0.80) (0.65) — — —
’25 (0.56) (0.65) (0.52) (0.45) (2.19)
’24 (0.76) (0.60) (0.62) (0.56) (2.50)
’23 (1.97) (2.33) (2.44) (2.98) (9.73)
’22 — — — — (8.04)
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

Group Line 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 Trend 2026e 2027e 2028e
Price, $
Price, $ Low — — — — — — — — 3.56 1.60

Analyst estimates 2026–2028

Powerpack
High — — — — — — — — 24.00 20.91
People
People Employees — — — — — — 63 63 76 68
Revenue/emp, $m — — — — — 0.00 0.00 0.00 0.00 0.00
Income, $m
Income, $m Revenue — — — — — 0 — — — —
Gross margin, % — — — — — 100.00 — — — —
EBT — — — — — (9) (28) (36) (61) (63)
EBT margin, % — — — — — (4,374.76) 0.00 0.00 0.00 0.00
Net income — — — — — (9) (28) (36) (61) (63)
Depreciation — — — — — 0 0 0 1 1
Per share, $
Per share, $ Revenue — — — — — 0.09 0.00 0.00 0.00 0.00
Earnings — — — — — (3.81) (8.04) (9.73) (2.50) (2.19)
Cash flow — — — — — (3.84) (5.92) (8.96) (1.93) (1.79)
Capex — — — — — (0.28) (0.21) (0.13) (0.08) 0.00
Free cash flow — — — — — (4.12) (6.13) (9.09) (2.01) (1.80)
Book value — — — — — 10.64 9.82 18.71 6.16 5.24
Shares, m — — — — — 2 3 4 25 29
Valuation, ×
Valuation, × P/E — — — — — 0.00 — — — —
P/S — — — — — 0.00 — — — —
P/B — — — — — 0.00 — — — —
EV/Sales — — — — — 0.00 — — — —
EV/FCF — — — — — (0.13) — — — —
Cash, $m
Cash, $m Operating cash flow — — — — — (9) (20) (33) (47) (52)
Capex — — — — — (1) (1) 0 (2) 0
Free cash flow — — — — — (10) (21) (34) (49) (52)
Balance, $m
Balance, $m Working capital — — — — — 26 44 80 159 166
Total debt — — — — — — 9 10 12 19
Net debt — — — — — (26) (39) (73) (157) (157)
Shareholders’ equity — — — — — 26 34 70 151 151
Returns, %
Returns, % ROA — — — — — 0.00 (69.58) (52.81) (46.51) (34.92)
ROIC — — — — — 0.00 0.00 0.00 0.00 0.00
ROE — — — — — 0.00 108.91 65.96 (153.99) (41.80)
Negative figures in brackets.

All 10 years →

Fiscal years to Dec 2021

Charts ten years each

Alto Neuroscience, 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
CGEM Cullinan Therapeutics, Inc. $901.0M — (loss-making) 4.8× — n/m +33.66% (above 0%: growing) 100.00% 0.00% Compare
AKTS Aktis Oncology, Inc. $890.5M — (loss-making) — (loss-making) — n/m −12.77% (below 0%: shrinking) 100.00% (853.99%) Compare
ANRO Alto Neuroscience, Inc. $887.7M — (loss-making) — — n/m −43.41% (below 0%: shrinking) — 0.00%
RIGL Rigel Pharmaceuticals, Inc. $882.6M 2.6× 7.9× −22.60% (below 0%: shrinking) −72.07% (below 0%: shrinking) −229.99% (below 0%: shrinking) 89.17% 29.95% Compare
JBIO Jade Biosciences, Inc. $875.1M — (loss-making) — — n/m −115.11% (below 0%: shrinking) 0.00% 0.00% Compare
MLTX MoonLake Immunotherapeutics $873.2M — (loss-making) — — n/m −1.89% (below 0%: shrinking) 0.00% 0.00% Compare
GLUE Monte Rosa Therapeutics, Inc. $863.4M — (loss-making) — (loss-making) −61.33% (below 0%: shrinking) n/m −34.11% (below 0%: shrinking) 100.00% (547.84%) Compare
KURA Kura Oncology, Inc. $862.9M — (loss-making) — (loss-making) +36.54% (above 0%: growing) n/m −109.05% (below 0%: shrinking) 98.84% (349.77%) Compare
ALMS Alumis Inc. $842.4M — (loss-making) — (loss-making) −37.66% (below 0%: shrinking) n/m +23.59% (above 0%: growing) 100.00% (8,956.38%) Compare
Median of peers $874.1M — — −30.13% — −23.44% 99.42% (174.88%)

All 614 Biotechnology stocks →

Alto Neuroscience, Inc. (ANRO) key facts

  • Alto Neuroscience, Inc. (ANRO) is a Biotechnology company in the Healthcare sector, listed on the New York Stock Exchange.
  • As of October 16, 2026, ANRO traded at $22.07, a market capitalization of $887.7 million.
  • Return on equity was −41.8% and debt-to-equity 0.09.

Source: company filings (standardised) and stockrow calculations.

Alto Neuroscience, Inc. (ANRO) Latest News

stockrow.com/ANRO · Data as of Dec 31, 2021 · For information only; not investment advice. · © 2026 stockrow.com