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In a remarkable display of market confidence, Alignment Healthcare LLC (ALHC) stock has reached a 52-week high, touching $15.84 amidst a flurry of investor interest. The company, now valued at $3 billion, has demonstrated impressive revenue growth of 48% over the last twelve months, though InvestingPro analysis suggests the stock may be trading above its Fair Value. This peak represents a significant milestone for the healthcare company, which has seen an impressive 1-year change, with its stock value surging by 160.33%. The company’s robust performance and consequent investor enthusiasm underscore a period of strong growth and potential for Alignment Healthcare, as it continues to expand its footprint in the competitive healthcare sector. With analyst targets ranging from $9 to $18 and an overall financial health score of "GOOD" according to InvestingPro, which offers 8 additional key insights about ALHC in their comprehensive Pro Research Report.
In other recent news, Alignment Healthcare reported its fourth-quarter 2024 earnings, surpassing analysts’ expectations with an EPS of -0.16, compared to the forecast of -0.18. The company’s revenue also exceeded projections, reaching $701.2 million against the expected $674.97 million. For the full year, Alignment Healthcare’s revenue was $2.7 billion, marking a 48% increase year-over-year, with the company achieving its first year of adjusted EBITDA profitability. The company has set its 2025 revenue guidance between $3.72 billion and $3.78 billion, anticipating continued growth in membership and adjusted gross profit. Analysts have taken note of these results, with the company achieving a significant milestone in adjusted EBITDA profitability. Alignment Healthcare’s membership grew by 59% in 2024, with notable expansion outside California, particularly in Nevada. The company ended the year with $471 million in cash and investments, positioning itself well for future growth. Looking ahead, Alignment Healthcare forecasts a continued positive trajectory, with a focus on expanding its market presence and maintaining high STARS ratings.
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