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Alpha Compute Corp (ALP)
NASDAQ:ALP
US Market
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Alpha Compute (ALP) AI Stock Analysis

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ALP

Alpha Compute

(NASDAQ:ALP)

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Neutral 41 (OpenAI - 5.2)
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)

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
Financial performance is weak: the company is deeply unprofitable with widening losses in the latest annual period and consistently negative operating cash flow and free cash flow. Balance-sheet leverage is relatively low, but equity has been highly volatile year-to-year, reducing stability.
Income Statement
12
Very Negative
Balance Sheet
38
Negative
Cash Flow
10
Very Negative
BreakdownMar 2026Mar 2025Jun 2024Jun 2023Jun 2022
Income Statement
Total Revenue97.00K0.000.000.000.00
Gross Profit97.00K-35.00K-54.00K-1.00K0.00
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 Assets19.53M2.23M7.78M99.13M194.66M
Cash, Cash Equivalents and Short-Term Investments1.80M1.67M5.03M10.54M23.35M
Total Debt138.00K0.0047.00K0.000.00
Total Liabilities13.01M3.05M4.45M23.73M29.23M
Stockholders Equity7.23M-123.00K4.02M76.05M121.20M
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-6.32M0.002.81M-617.00K0.00
Financing Cash Flow25.88M2.10M5.97M-117.00K27.35M

Alpha Compute Technical Analysis

Technical Analysis Sentiment
Negative
Last Price0.61
Price Trends
50DMA
0.25
Negative
100DMA
0.28
Negative
200DMA
0.97
Negative
Market Momentum
MACD
-0.02
Positive
RSI
40.60
Neutral
STOCH
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

Overall Rating
UnderperformOutperform
Sector (68)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
68
Neutral
$18.00B11.429.92%3.81%9.73%1.22%
66
Neutral
$558.96M250.550.54%8.57%-83.36%
48
Neutral
$7.13M1.2265.25%-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
Performance Comparison
Ticker
Company Name
Price
Change
% Change
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.Date of analysis: Jul 18, 2026