AltC Acquisition (NYSE:ALCC) - Stock Price, News & Analysis

ALCC Stock Overview

AltC Acquisition Corp. does not have significant operations. More details

ALCC fundamental analysis
Snowflake Score
Valuation	0/6
Future Growth	0/6
Past Performance	2/6
Financial Health	3/6
Dividends	0/6

Rewards

Earnings grew by 39.2% over the past year

Risk Analysis

Negative shareholders equity

Makes less than USD$1m in revenue ($0)

Volatile share price over the past 3 months

AltC Acquisition Corp. Competitors

Khosla Ventures Acquisition III

NasdaqCM:KVSC

US$639.5m

GAMCO Investors

OTCPK:GAMI

US$628.8m

Ares Acquisition Corporation II

NYSE:AACT

US$682.9m

Adams Natural Resources Fund

NYSE:PEO

US$616.0m

Price History & Performance

Summary of all time highs, changes and price drops for AltC Acquisition
Historical stock prices
Current Share Price	US$18.23
52 Week High	US$18.80
52 Week Low	US$10.27
Beta	0.041
11 Month Change	28.74%
3 Month Change	71.82%
1 Year Change	74.62%
33 Year Change	n/a
5 Year Change	n/a
Change since IPO	82.67%

Recent updates

Shareholder Returns

	ALCC	US Capital Markets	US Market
7D	42.3%	0.8%	-1.0%
1Y	74.6%	54.5%	30.3%

Return vs Industry: ALCC exceeded the US Capital Markets industry which returned 35.5% over the past year.

Return vs Market: ALCC exceeded the US Market which returned 25% over the past year.

Price Volatility

Is ALCC's price volatile compared to industry and market?
ALCC volatility
ALCC Average Weekly Movement	11.9%
Capital Markets Industry Average Movement	3.9%
Market Average Movement	6.2%
10% most volatile stocks in US Market	15.7%
10% least volatile stocks in US Market	3.1%

Stable Share Price: ALCC's share price has been volatile over the past 3 months.

Volatility Over Time: ALCC's weekly volatility has increased from 6% to 12% over the past year.

About the Company

Founded	Employees	CEO	Website
2021	n/a	Sam Altman	www.altcacquisitioncorp.com

AltC Acquisition Corp. does not have significant operations. It intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or other business combination with one or more businesses. The company was formerly known as Churchill Capital Corp VIII and changed its name to AltC Acquisition Corp. in February 2021.

AltC Acquisition Corp. Fundamentals Summary

How do AltC Acquisition's earnings and revenue compare to its market cap?
ALCC fundamental statistics
Market cap	US$653.83m
Earnings (TTM)	US$10.31m
Revenue (TTM)	n/a

76.2x

P/E Ratio

0.0x

P/S Ratio

Is ALCC overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
ALCC income statement (TTM)
Revenue	US$0
Cost of Revenue	US$0
Gross Profit	US$0
Other Expenses	-US$10.31m
Earnings	US$10.31m

Last Reported Earnings

Mar 31, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	0.24
Gross Margin	0.00%
Net Profit Margin	0.00%
Debt/Equity Ratio	0%

How did ALCC perform over the long term?

See historical performance and comparison

AltC Acquisition NYSE:ALCC Stock Report