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Alpha Cognition Inc. (ACOG) stock

ACOGNasdaqBiological Products, (No Diagnostic Substances)Fiscal year ends December 31
Financials through Q3 FY2026, quarter ended Sep 30, 2026Last filing: 10-Q on Nov 12, 2026Score 7/3077% above fair value
$8.56−0.06 (-0.70%)

Close on Nov 12, 2026Market cap $186.42MP/E –Yield –

Alpha Cognition Inc. reported revenue of $20.20M for the twelve months to Sep 30, 2026. Free cash flow was -$30.84M. At the latest close the market valued the company at $186.42M.

Revenue
$20.20M
TTM Q3 2026
Operating income
-$29.67M
TTM Q3 2026
Free cash flow
-$30.84M
TTM Q3 2026
EPS, diluted
-$1.18
FY2025

Key statistics

Valuation at the latest close; fundamentals over the trailing twelve months, balances at Sep 30, 2026

Valuation

Market cap
$186.42M
P/E ratio
–
Price to sales
9.23
Price to book
3.78
Dividend yield
–
Free cash flow yield
-16.54%

Fundamentals

Revenue
$20.20M
Net income
-$29.20M
EPS, diluted
-$1.18
Free cash flow
-$30.84M
Book value per share
$2.26
Diluted shares
22M

Trading

Previous close
$8.62
Open
$8.62
Day's range
$8.44 – $9.04
Volume
139,197
Average volume (20 days)
106,270
Beta (5 years)
0.34
52-week range
$4.50 – $10.14
RSI (14 days)
49.7
Volatility (1 year)
62.8%
Relative volume
1.06×
WACC
7.4%

Market cap history

Month-end market cap since 2024, using shares outstanding reported at the time

Total return vs. the S&P 500

Price change plus reinvested dividends, to the close on Nov 12, 2026. The S&P 500 is measured by the SPY fund.

PeriodACOGS&P 500DifferenceACOG per yearS&P 500 per year
1 month-3.2%-2.7%−0.5 pts
3 months-4.4%-1.7%−2.6 pts
Year to date+31.7%+11.9%+19.8 pts
1 year+39.9%+12.0%+27.9 pts
3 years+32.7%+78.2%−45.5 pts+9.9%+21.2%
5 years-63.2%+73.2%−136.4 pts-18.1%+11.6%

Four years at a glance

Fiscal years 2022 to 2025 and trailing twelve months, USD

Revenue

$20.20M

Gross profit

$18.77M

Operating income

-$29.67M

Net income

-$29.20M

EPS, diluted

–

Free cash flow

-$30.84M
Reported periodTrailing twelve months

Press releases

Releases Alpha Cognition filed with the SEC as exhibits to Form 8-K or 6-K

All press releases and earnings

About Alpha Cognition

Biological Products, (No Diagnostic Substances)

Alpha Cognition Inc. is a biopharmaceutical company that develops and commercializes therapies for neurodegenerative conditions, primarily Alzheimer’s disease. Its principal commercial offering is ZUNVEYL, an oral delayed-release tablet indicated for adults suffering from mild to moderate Alzheimer’s dementia. The company also pursues preclinical programs combining ZUNVEYL with memantine and developing sublingual formulations for cognitive impairment following mild traumatic brain injuries. Its target market comprises long-term care facilities, including nursing home physicians, healthcare teams, consultant pharmacists, and institutional pharmacies that care for elderly patients.

Company profile, executives and history

Alpha Cognition stock: common questions

What is Alpha Cognition's stock price?

ACOG closed at $8.56 on Nov 12, 2026, down 0.70% on the day. Over the past 52 weeks it traded between $4.50 and $10.14.

What is Alpha Cognition's market cap?

Alpha Cognition was worth $186.42M at the close on Nov 12, 2026: the share price times the diluted shares outstanding.

What is ACOG's P/E ratio?

Alpha Cognition lost money over fiscal 2025 (diluted EPS -$1.18), so it has no meaningful P/E ratio.

How much revenue does Alpha Cognition make?

Alpha Cognition reported revenue of $20.20M for the twelve months to Sep 30, 2026.

Does Alpha Cognition pay a dividend?

No. Alpha Cognition has not paid a cash dividend over the last twelve months.

How has ACOG stock performed over the past year?

Including dividends, ACOG returned +39.9% over the past year, against +12.0% for the S&P 500.

How many ACOG shares are sold short?

0M shares were sold short at the latest FINRA report, 2.00% of the float, or 4.0 days of average trading volume.

Who are Alpha Cognition's competitors?

Companies most similar to Alpha Cognition by business, industry and size include LENZ, VYGR, XFOR, SCLX, LCTX.

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