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Alpha Compute
(NASDAQ:ALP)
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Rating:41Neutral
Price Target:
$0.23
▼(-61.97% Downside)
Action:Reiterated
Date:07/18/26
The score is driven primarily by weak financial performance (persistent losses and worsening cash burn) and bearish technical conditions (price below key moving averages and negative MACD). Valuation provides limited support because earnings are negative and no dividend yield is available.
Positive Factors
Contracted Revenue
The two-year $32.2M off-take lease delivers $16.1M of annual contracted revenue plus a $7.5M upfront payment, creating a multi-year revenue base. This durable customer commitment validates demand for sovereign GPU capacity and reduces near-term execution risk while supporting scale-up of operations.
Negative Factors
Negative Cash Generation
Sustained and worsening cash burn (OCF ≈ -$20.5M; FCF ≈ -$30.9M) indicates the business cannot self-finance operations. Persistent negative cash generation creates ongoing funding needs, heightens dilution or leverage risk, and constrains the firm's ability to sustain capex or weather revenue shortfalls.
Read all positive and negative factors
Positive Factors
Negative Factors
Contracted Revenue
The two-year $32.2M off-take lease delivers $16.1M of annual contracted revenue plus a $7.5M upfront payment, creating a multi-year revenue base. This durable customer commitment validates demand for sovereign GPU capacity and reduces near-term execution risk while supporting scale-up of operations.
Read all positive factors
Alpha Compute (ALP) vs. SPDR S&P 500 ETF (SPY)
Market Cap
$4.61M
Dividend YieldN/A
Average Volume (3M)4.00M
Price to Earnings (P/E)―
Beta (1Y)2.43
Revenue GrowthN/A
EPS GrowthN/A
CountryUS
Employees22
SectorFinancial
Sector Strength70
IndustryInformation Technology Services
Share Statistics
EPS (TTM)-8.38
Shares Outstanding23,470,877
10 Day Avg. Volume5,772,044
30 Day Avg. Volume3,998,351
Financial Highlights & Ratios
PEG Ratio<0.01
Price to Book (P/B)0.40
Price to Sales (P/S)30.13
P/FCF Ratio-0.09
Enterprise Value/Market Cap<0.01
Enterprise Value/Revenue<0.01
Enterprise Value/Gross Profit<0.01
Enterprise Value/Ebitda>-0.01
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)-0.53
Revenue Forecast (FY)$35.70M
Alpha Compute Business Overview & Revenue Model
Company Description
Alpha Compute Corp. (Nasdaq: ALP) is a high-performance GPU infrastructure and confidential-compute technology company built for the artificial intelligence economy. Structured as a holding company focused on sovereign AI compute, Alpha Compute ow...
Alpha Compute Financial Statement Overview
Summary
Income Statement
12
Very Negative
Balance Sheet
38
Negative
Cash Flow
10
Very Negative
| Breakdown | Mar 2026 | Mar 2025 | Jun 2024 | Jun 2023 | Jun 2022 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 97.00K | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | 97.00K | -35.00K | -54.00K | -1.00K | 0.00 |
| EBITDA | -8.39M | -6.74M | -18.20M | -122.25M | -14.77M |
| Net Income | -38.63M | -6.77M | -75.34M | -104.61M | -16.87M |
Balance Sheet | |||||
| Total Assets | 19.53M | 2.23M | 7.78M | 99.13M | 194.66M |
| Cash, Cash Equivalents and Short-Term Investments | 1.80M | 1.67M | 5.03M | 10.54M | 23.35M |
| Total Debt | 138.00K | 0.00 | 47.00K | 0.00 | 0.00 |
| Total Liabilities | 13.01M | 3.05M | 4.45M | 23.73M | 29.23M |
| Stockholders Equity | 7.23M | -123.00K | 4.02M | 76.05M | 121.20M |
Cash Flow | |||||
| Free Cash Flow | -30.90M | -5.46M | -14.30M | -12.08M | -6.76M |
| Operating Cash Flow | -20.55M | -5.46M | -14.30M | -12.07M | -6.76M |
| Investing Cash Flow | -6.32M | 0.00 | 2.81M | -617.00K | 0.00 |
| Financing Cash Flow | 25.88M | 2.10M | 5.97M | -117.00K | 27.35M |
Alpha Compute Technical Analysis
Negative
0.61
Price Trends
0.25
Negative
0.28
Negative
0.97
Negative
Market Momentum
-0.02
Positive
40.60
Neutral
6.48
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For ALP, the sentiment is Negative. The current price of 0.61 is above the 20-day moving average (MA) of 0.22, above the 50-day MA of 0.25, and below the 200-day MA of 0.97, indicating a bearish trend. The MACD of -0.02 indicates Positive momentum. The RSI at 40.60 is Neutral, neither overbought nor oversold. The STOCH value of 6.48 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for ALP.
Alpha Compute Risk Analysis
Alpha Compute disclosed 28 risk factors in its most recent earnings report. Alpha Compute reported the most risks in the "Finance & Corporate" category.
Finance & Corporate - Financial and accounting risks. Risks related to the execution of corporate activity and strategy
Latest Risks Added 0 New Risks
Alpha Compute Peers Comparison
UnderperformOutperform
Sector (68)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
68 Neutral | $18.00B | 11.42 | 9.92% | 3.81% | 9.73% | 1.22% | |
66 Neutral | $558.96M | 250.55 | 0.54% | ― | 8.57% | -83.36% | |
48 Neutral | $7.13M | 1.22 | 65.25% | ― | -75.27% | -1546.44% | |
46 Neutral | $7.98B | -30.02 | -16.65% | ― | 167.37% | 18.89% | |
41 Neutral | $4.61M | -0.03 | -449.15% | ― | ― | ― |
* Financial Sector Average
ALP
Alpha Compute
0.19
-8.66
-97.83%
GDYN
Grid Dynamics Holdings
7.58
-0.07
-0.92%
APLD
Applied Digital Corporation
29.22
15.19
108.27%
DTST
Data Storage
3.34
-1.34
-28.63%
VEEA
Veea
0.16
-1.12
-87.66%
ARBB
ARB IOT Group Limited
4.10
-0.70
-14.58%
Alpha Compute Corporate Events
Alpha Compute Files Form 6-K and Releases New Investor Presentation
Jul 28, 2026
On July 28, 2026, Alpha Compute Corp filed a Form 6-K with the U.S. Securities and Exchange Commission, incorporating the report by reference into several existing Form S-8 and Form F-3 registration statements. The filing ensures that information ...
Alpha Compute Elevates Executive Chairman Enzo Villani to President Amid AI Infrastructure Push
Jul 20, 2026
On July 17, 2026, Alpha Compute Corp. announced that Executive Chairman and Chief Investment Officer Enzo Villani has been appointed President of the company, effective July 16, 2026. Villani will retain his roles as Executive Chairman and Chief I...
Alpha Compute Repurchases 2025 Placement Shares After Investors Exercise Put Options
Jul 2, 2026
Alpha Compute Corp is a foreign private issuer incorporated in the British Virgin Islands and listed in the United States. The company raises capital through private placements and maintains multiple SEC registration statements, reflecting its act...
Alpha Compute Hits $23 Million Revenue Run-Rate, Closes GAMEE Deal and Launches ‘Own Your Data’ Campaign
Jun 5, 2026
On June 5, 2026, Alpha Compute reported that as of June 4 it held $79.2 million in assets, $44.4 million in liabilities and $34.8 million in equity, supported by a projected $23 million annual revenue run-rate driven by its Canadian ALPHA-01 Black...
Alpha Compute Closes Majority Acquisition of GaMee Global to Deepen Push Into Gaming
May 27, 2026
On May 27, 2026, Alpha Compute Corp closed its previously announced GaMee Transaction, acquiring a 60% controlling equity interest in Ga Mee Global Limited from Animoca Brands for $3.5 million in cash and equity, including ordinary shares and pre-...
Alpha Compute Marks Revenue Breakthrough with New AI GPU Contract and ALPHA-01 Launch
May 21, 2026
Alpha Compute Corp. on May 21, 2026 reported that it has transitioned from pure infrastructure buildout to revenue-generating operations, driven by a new $32.2 million, two-year contract with a leading AI research firm that lifts annual contracted...
Alpha Compute Secures $32.2 Million AI GPU Contract With Frontier Lab
May 13, 2026
Alpha Compute Corp., a British Virgin Islands–incorporated AI infrastructure provider listed on Nasdaq, focuses on AI GPU-as-a-service and confidential compute solutions for privacy-sensitive applications. The company partners with data cent...
Alpha Compute Secures $31.9 Million Non-Recourse GPU Financing to Expand AI Infrastructure
Apr 29, 2026
On April 22, 2025, Alpha Compute Corp. announced it had executed a binding term sheet for a $31.9 million non-recourse loan facility to finance the acquisition of Nvidia B300 GPUs. The financing, secured solely by the underlying Dell B300 Nvidia h...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.