Stock Track | Alumis Inc. Soars 5.67% in Pre-Market on Positive Trial Results and Analyst Upgrades

Stock Track

01/07

Alumis Inc. (ALMS) saw its stock rise 5.67% in pre-market trading on Wednesday, following a surge of 95.31% in the previous session. The rally was driven by positive topline results from its Phase 3 ONWARD1 and ONWARD2 trials of envudeucitinib for moderate-to-severe plaque psoriasis, which met all primary and secondary endpoints with high statistical significance.

Additionally, the stock received multiple analyst upgrades, with Leerink Partners raising its target price to $32 from $20, Morgan Stanley increasing it to $33 from $22, and Wells Fargo lifting it to $39 from $17. These upgrades reflect growing confidence in Alumis Inc.'s prospects following the successful trial results.

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Soars 5.67% in Pre-Market on Positive Trial Results and Analyst Upgrades\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1086803395\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/a81accab1e7ee4144dc051f71903a390);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Stock Track </p>\n<p class=\"h-time smaller\">2026-01-07 20:08</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>Alumis Inc. (ALMS) saw its stock rise 5.67% in pre-market trading on Wednesday, following a surge of 95.31% in the previous session. The rally was driven by positive topline results from its Phase 3 ONWARD1 and ONWARD2 trials of envudeucitinib for moderate-to-severe plaque psoriasis, which met all primary and secondary endpoints with high statistical significance.</p><p>Additionally, the stock received multiple analyst upgrades, with Leerink Partners raising its target price to $32 from $20, Morgan Stanley increasing it to $33 from $22, and Wells Fargo lifting it to $39 from $17. 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