Alpha Cognition Inc.

NasdaqCM:ACOG Stock Report

Market Cap: US$193.6m

Alpha Cognition Past Earnings Performance

Past criteria checks 0/6

Alpha Cognition's earnings have been declining at an average annual rate of -6.8%, while the Biotechs industry saw earnings growing at 34.1% annually. Revenues have been growing at an average rate of 93.7% per year.

Key information

-6.82%

Earnings growth rate

38.25%

EPS growth rate

Biotechs Industry Growth17.04%
Revenue growth rate93.74%
Return on equity-44.25%
Net Margin-234.84%
Next Earnings Update13 Aug 2026

Recent past performance updates

Recent updates

Analysis Article Jul 30

Is Alpha Cognition (NASDAQ:ACOG) In A Good Position To Invest In Growth?

Even when a business is losing money, it's possible for shareholders to make money if they buy a good business at the...
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...

Revenue & Expenses Breakdown

How Alpha Cognition makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

NasdaqCM:ACOG Revenue, expenses and earnings (USD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
31 Mar 2611-25343
31 Dec 2510-21292
30 Sep 257-19202
30 Jun 255-20153
31 Mar 253-12103
31 Dec 240-1584
30 Sep 240-1584
30 Jun 240-1684
31 Mar 240-1785
31 Dec 230-1455
30 Sep 230-1256
30 Jun 230-1146
31 Mar 230-1148
31 Dec 220-1259
30 Sep 220-1159
30 Jun 220-13410
31 Mar 220-1048
31 Dec 210-2038
30 Sep 210-1827
30 Jun 210-1525
31 Mar 210-1715
31 Dec 200-615
30 Sep 200-615

Quality Earnings: ACOG is currently unprofitable.

Growing Profit Margin: ACOG is currently unprofitable.


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: ACOG is unprofitable, and losses have increased over the past 5 years at a rate of 6.8% per year.

Accelerating Growth: Unable to compare ACOG's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: ACOG is unprofitable, making it difficult to compare its past year earnings growth to the Biotechs industry (67.9%).


Return on Equity

High ROE: ACOG has a negative Return on Equity (-44.25%), as it is currently unprofitable.


Return on Assets


Return on Capital Employed


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/08/11 20:37
End of Day Share Price 2026/08/11 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

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

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