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Alector ( (ALEC) ) just unveiled an update.
On June 9, 2025, Alector announced the resignation of its Chief Financial Officer, Dr. Marc Grasso, effective June 20, 2025, with Neil Berkley stepping in as Interim CFO. Berkley, who joined Alector in March 2024, brings extensive experience in corporate development and business strategy. Alector also held its annual meeting on June 11, 2025, where stockholders voted on director nominees, ratified Ernst & Young LLP as the accounting firm, and approved executive compensation. The company continues to progress its clinical trials and research programs, with significant developments expected in late 2025.
The most recent analyst rating on (ALEC) stock is a Sell with a $1.50 price target. To see the full list of analyst forecasts on Alector stock, see the ALEC Stock Forecast page.
Spark’s Take on ALEC Stock
According to Spark, TipRanks’ AI Analyst, ALEC is a Neutral.
Alector’s overall stock score is primarily impacted by its weak financial performance, characterized by persistent losses and ineffective cash flow management. Technical analysis indicates some positive momentum, yet the stock remains below its long-term trend. Valuation metrics present high risk due to negative earnings and no dividend yield.
To see Spark’s full report on ALEC stock, click here.
More about Alector
Alector is a late-stage clinical biotechnology company focused on developing therapies to counteract the progression of neurodegenerative diseases. The company leverages genetics, immunology, and neuroscience to advance a portfolio of programs aimed at treating conditions like frontotemporal dementia, Alzheimer’s disease, and Parkinson’s disease. Alector is also developing the Alector Brain Carrier (ABC), a proprietary blood-brain barrier platform to enhance therapeutic delivery.
Average Trading Volume: 872,168
Technical Sentiment Signal: Sell
Current Market Cap: $163M
For a thorough assessment of ALEC stock, go to TipRanks’ Stock Analysis page.
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