Alpha Cognition Inc.

NasdaqCM:ACOG Stock Report

Market Cap: US$175.3m

Alpha Cognition Management

Management criteria checks 2/4

Alpha Cognition's CEO is Michael McFadden, appointed in Apr 2021, has a tenure of 5.25 years. total yearly compensation is $3.62M, comprised of 17.2% salary and 82.8% bonuses, including company stock and options. directly owns 0.065% of the company’s shares, worth $113.85K. The average tenure of the management team and the board of directors is 4 years and 4.8 years respectively.

Key information

Michael McFadden

Chief executive officer

US$3.6m

Total compensation

CEO salary percentage17.25%
CEO tenure5.3yrs
CEO ownership0.06%
Management average tenure4yrs
Board average tenure4.8yrs

Recent management updates

Recent updates

Narrative Update Jul 10

ACOG: Phase 4 Tolerability Study Will Drive Future Alzheimer’s Launch Traction

The updated analyst price target for Alpha Cognition shifts from about $20 to roughly $14.67, as analysts factor in revised assumptions around fair value, discount rate, revenue growth, profit margin, and future P/E, while still highlighting the market opportunity for Zunveyl in treating mild to moderate Alzheimer's dementia. Analyst Commentary Recent Street research on Alpha Cognition focuses on how Zunveyl, its prodrug of galantamine for mild to moderate Alzheimer’s dementia, might translate into commercial traction and support the revised valuation framework behind the updated price target.
Narrative Update Jun 26

ACOG: Early Dementia Therapy Launch Will Drive Bullish Repricing Potential

Analysts have adjusted their 12 month price target for Alpha Cognition to $12 from $14, citing early commercialization of Zunveyl for mild to moderate Alzheimer's dementia and what they view as a significant market opportunity, with high patient and prescriber willingness to try the therapy. Analyst Commentary Recent research coverage on Alpha Cognition has focused on the early commercialization of Zunveyl and the perceived market opportunity in mild to moderate Alzheimer's dementia.
New Narrative May 04

Long Term Care Adoption And Real World Studies Will Transform This Cognitive Therapy Narrative

Catalysts About Alpha Cognition Alpha Cognition develops and commercializes therapies for cognitive disorders, with a primary focus on Alzheimer’s disease through its oral treatment ZUNVEYL. What are the underlying business or industry changes driving this perspective?
New Narrative Apr 19

Payer Friction And Slow Adoption Will Challenge Alzheimer’s Therapy Before Long Term Potential Emerges

Catalysts About Alpha Cognition Alpha Cognition is a biopharmaceutical company focused on commercializing ZUNVEYL for mild to moderate Alzheimer’s disease and advancing related formulations and indications. What are the underlying business or industry changes driving this perspective?
Analysis Article Dec 08

We Think Alpha Cognition (NASDAQ:ACOG) Can Afford To Drive Business Growth

Just because a business does not make any money, does not mean that the stock will go down. For example, although...
Analysis Article May 17

We're Interested To See How Alpha Cognition (NASDAQ:ACOG) Uses Its Cash Hoard To Grow

We can readily understand why investors are attracted to unprofitable companies. For example, biotech and mining...

CEO Compensation Analysis

How has Michael McFadden's remuneration changed compared to Alpha Cognition's earnings?
DateTotal CompensationSalaryCompany Earnings
Mar 31 2026n/an/a

-US$25m

Dec 31 2025US$4mUS$625k

-US$21m

Sep 30 2025n/an/a

-US$19m

Jun 30 2025n/an/a

-US$20m

Mar 31 2025n/an/a

-US$12m

Dec 31 2024US$944kUS$500k

-US$15m

Sep 30 2024n/an/a

-US$15m

Jun 30 2024n/an/a

-US$16m

Mar 31 2024n/an/a

-US$17m

Dec 31 2023US$2mUS$500k

-US$14m

Sep 30 2023n/an/a

-US$12m

Jun 30 2023n/an/a

-US$11m

Mar 31 2023n/an/a

-US$11m

Dec 31 2022US$1mUS$500k

-US$12m

Sep 30 2022n/an/a

-US$11m

Jun 30 2022n/an/a

-US$13m

Mar 31 2022n/an/a

-US$10m

Dec 31 2021US$430kUS$414k

-US$20m

Compensation vs Market: Michael's total compensation ($USD3.62M) is above average for companies of similar size in the US market ($USD1.64M).

Compensation vs Earnings: Michael's compensation has increased whilst the company is unprofitable.


CEO

Michael McFadden (59 yo)

5.3yrs
Tenure
US$3,624,181
Compensation

Mr. Michael E. McFadden, BBA, serves as Chief Executive Officer at Alpha Cognition Inc. since April 12, 2021 and serves as its Director since March 28, 2021. Mr. McFadden served as Chief Commercial Officer...


Leadership Team

NamePositionTenureCompensationOwnership
Michael McFadden
CEO & Director5.3yrsUS$3.62m0.065%
$ 113.8k
Kenneth Cawkell
Founder5.3yrsUS$246.00k1%
$ 1.8m
Henry Du
VP of Finance & Accounting and Interim CFO1.8yrsUS$464.51k0%
$ 0
Lauren D'Angelo
Chief Operating Officer2.8yrsUS$2.41m0.65%
$ 1.1m
Denis Kay
Chief Scientific Officer5.2yrsUS$180.00kno data
Timothy Ayers
Head of Complianceno datano datano data
Christine Reveal
Vice President of Marketing & Commercial Strategyless than a yearno datano data
4.0yrs
Average Tenure
59yo
Average Age

Experienced Management: ACOG's management team is considered experienced (4 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Michael McFadden
CEO & Director5.3yrsUS$3.62m0.065%
$ 113.8k
Kenneth Cawkell
Founder5.3yrsUS$246.00k1%
$ 1.8m
Rajeev Bakshi
Independent Director8.7yrsUS$248.50k0.054%
$ 95.3k
Jeffrey Cummings
Member of Scientific Advisory Board4.8yrsno datano data
Mary Sano
Member of Scientific Advisory Board4.8yrsno datano data
Robert Wills
Independent Chairman of the Board1.3yrsUS$185.00k0.069%
$ 120.8k
Phillip Mertz
Independent Director5.3yrsUS$247.00k0.10%
$ 180.8k
Bethany Sensenig
Independent Directorless than a yearno datano data
James Galvin
Chair of Scientific Advisory Board4.8yrsno datano data
Frank Conidi
Member of Scientific Advisory Board4.8yrsno datano data
Elaine Peskind
Member of Scientific Advisory Board4.8yrsno datano data
4.8yrs
Average Tenure
67yo
Average Age

Experienced Board: ACOG's board of directors are considered experienced (4.8 years average tenure).


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/07/15 12:20
End of Day Share Price 2026/07/15 00:00
Earnings2026/03/31
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

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Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Alpha Cognition Inc. is covered by 5 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Raghuram SelvarajuH.C. Wainwright & Co.
Nazibur RahmanMaxim Group
Ryan DeschnerRaymond James & Associates