Biopharmaceutical firm Alumis's Q3 net loss widens

Reuters
Nov 14, 2025
Biopharmaceutical firm Alumis's Q3 net loss widens

Overview

  • Alumis Q3 net loss widens to $110.8 mln from $93.1 mln a year ago

  • Company reports $2.1 mln collaboration revenue for Q3 2025

  • Operating expenses rise due to increased R&D and merger costs

Outlook

  • Alumis expects topline Phase 3 ONWARD data in early Q1 2026

  • Company anticipates Phase 2b LUMUS data in Q3 2026

  • Alumis plans Phase 2 trial for A-005 in H1 2026

Result Drivers

  • INCREASED R&D EXPENSES - Alumis attributes rise in R&D expenses to increased contract research and clinical trial costs, including for envudeucitinib

  • MERGER COSTS - Alumis cites merger with ACELYRIN as contributing to increased general and administrative expenses

Key Details

Metric

Beat/Miss

Actual

Consensus Estimate

Q3 Net Income

-$110.75 mln

Q3 Income From Operations

-$115.29 mln

Q3 Operating Expenses

$117.36 mln

Analyst Coverage

  • The current average analyst rating on the shares is "strong buy" and the breakdown of recommendations is 8 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"

  • The average consensus recommendation for the biotechnology & medical research peer group is "buy."

  • Wall Street's median 12-month price target for Alumis Inc is $18.00, about 70.9% above its November 12 closing price of $5.24

Press Release: ID:nGNX7tkZXF

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

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