Alignment Healthcare (ALHC) Soars 10.4% on Growth Guidance Beat, Higher Growth Outlook
Alignment Healthcare saw its share prices grow by 10.36 percent on Wednesday to close at $13 apiece after exceeding its growth guidance across all key metrics for the second quarter and raising its outlook for the rest of the year.
During the second quarter period, Alignment Healthcare Inc. (NASDAQ:ALHC) swung to a net income attributable to shareholders of $15.67 million from a $24 million net loss in the same period last year.
Source: Pexels
Total revenues grew by 49 percent to $1.015 billion from $682 million year-on-year, while health plan membership ended at 223,700, up 27.8 percent year-on-year.
For the first half, Alignment Healthcare Inc. (NASDAQ:ALHC) recorded a $6.55-million net income, reversing a net loss of $70.5 million year-on-year, as revenues grew by 48 percent to $1.9 billion from $1.3 billion.
Looking ahead, the company is looking to increase its health plan membership to between 225,000 and 227,000 in the third quarter, and up to 229,000 to 234,000 by the end of the year.
Revenues for the current quarter are also pegged at $970 million to $985 million, while revenues for the full year were targeted to hit $3.885 billion to $3.91 billion.
While we acknowledge the potential of ALHC as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the .
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
4 minutes ago
- Yahoo
I missed Nvidia – could this be the next big US growth stock?
Let's be honest — most of us missed the boat on Nvidia (NASDAQ: NVDA). And by the time we realised just how vital graphics processing units (GPUs) would become to artificial intelligence (AI), the share price had already soared into the stratosphere. Over the past five years, the stock has climbed almost 1,600%. In the last six months alone, it's up almost 50%, adding over $1.5trn to its market value. It's now the most valuable company in the world, overtaking Microsoft and Apple in June. I have exposure to the stock through several ETFs and investment trusts, so I didn't entirely miss out on the action. But I certainly made nowhere near the gains I would have had I bought individual shares. Which makes me wonder, how did Nvidia get here, and what stock could be next? Crunching the numbers The numbers behind the hype are jaw-droppingly impressive. For the fiscal year ending January 2025, revenue reached $130bn, a staggering increase from $27bn just two years ago. Net income exploded from $4.3bn in 2022 to more than $70bn this year. And its margins are enormous — a return on equity of 115% and gross margins consistently above 70%. Yet despite the parabolic growth, I don't think it's entirely overvalued yet. In fact, I still think it's worth considering as a long-term investment. It's a world-class company with room to expand further and the global AI arms race is just getting started – with Nvidia at its core. Realistically, though, the biggest gains have already been made. Buying now means betting on continued dominance that may already be priced in, which is a risk. The stock trades at a price-to-earnings (P/E) ratio of 45 – not outrageous considering its growth, but not cheap either. So where should investors look if they want to catch the next killer growth stock before it becomes a trillion-dollar giant? Could SymphonyAI be next? One company on my radar is SymphonyAI, a private US firm reportedly preparing for a Nasdaq IPO later this year. It's not yet listed, but when it does go public, I'll be watching closely. Founded by billionaire Romesh Wadhwani, it specialises in applying AI to specific industry verticals – retail, finance, manufacturing, and healthcare. It doesn't build chips like Nvidia, but it builds the enterprise software that helps businesses harness AI to improve decision-making and productivity. Unlike many AI startups, SymphonyAI already has real revenues and customers. Its retail division serves over 1,200 brands, while its industrial arm works with giants like Nestlé and ArcelorMittal. While financials are still private, it reportedly generates hundreds of millions in annual revenue and is growing fast. If the IPO goes ahead this autumn, it could be one of the most closely watched tech listings of the year. Long-term mindset Nvidia's success was powered by timing, technology, and a growing reliance on data. It may still reward shareholders but the days of 10x returns are likely behind us. SymphonyAI might never reach Nvidia's heights but it could offer early-stage exposure to enterprise AI – the next leg of this growth story. If the valuation is right, it could turn out to be a once-in-a-decade opportunity. The post I missed Nvidia – could this be the next big US growth stock? appeared first on The Motley Fool UK. More reading 5 Stocks For Trying To Build Wealth After 50 One Top Growth Stock from the Motley Fool Mark Hartley has no position in any of the shares mentioned. The Motley Fool UK has recommended Apple, Microsoft, and Nvidia. Views expressed on the companies mentioned in this article are those of the writer and therefore may differ from the official recommendations we make in our subscription services such as Share Advisor, Hidden Winners and Pro. Here at The Motley Fool we believe that considering a diverse range of insights makes us better investors. Motley Fool UK 2025 Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
4 minutes ago
- Yahoo
Autoneum Holding First Half 2025 Earnings: EPS: CHF5.16 (vs CHF4.86 in 1H 2024)
Autoneum Holding (VTX:AUTN) First Half 2025 Results Key Financial Results Revenue: CHF1.17b (down 3.4% from 1H 2024). Net income: CHF29.9m (up 6.0% from 1H 2024). Profit margin: 2.6% (up from 2.3% in 1H 2024). The increase in margin was driven by lower expenses. EPS: CHF5.16 (up from CHF4.86 in 1H 2024). Trump has pledged to "unleash" American oil and gas and these 15 US stocks have developments that are poised to benefit. All figures shown in the chart above are for the trailing 12 month (TTM) period Autoneum Holding Earnings Insights Looking ahead, revenue is forecast to grow 4.3% p.a. on average during the next 3 years, compared to a 2.8% growth forecast for the Auto Components industry in Europe. Performance of the market in Switzerland. The company's shares are down 7.2% from a week ago. Risk Analysis It's still necessary to consider the ever-present spectre of investment risk. We've identified 2 warning signs with Autoneum Holding, and understanding them should be part of your investment process. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Business Insider
26 minutes ago
- Business Insider
BP, Shel, CVX: Oil Stocks Drop as OPEC Gets Set to Open Oil Taps and Boost Supply
Oil stocks took a hit today on reports that sector cartel OPEC is set to open the taps over the weekend. Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. U.S. light crude oil prices dropped more than $1 a barrel on reports of a possible increase in production by OPEC and its allies. Less Slick Stocks Brent crude futures were down 88 cents, or 1.23%, at $70.82 a barrel in early trading. U.S. West Texas Intermediate crude was down $1.53, or 2.21%, at $67.73. BP (BP) was down 1% in early trading with Shell (SHEL) off 0.18% and Chevron (CVX) 0.33% lower. OPEC members and allies like Russia are reportedly getting close to an agreement to boost production by 548,000 barrels per day in September. It could even come as early as this Sunday, August 3 rd. More supply onto the market, coupled with continuing concerns over demand in the fragile global economy are likely to lead to lower prices. The factors which have largely driven the volatility in oil prices this year, see below, are also still present. Tariff Turmoil That largely means Trump's tariff policy. He signed an executive order yesterday imposing tariffs ranging from 10% to 41% on U.S. imports from dozens of countries and foreign territories that failed to reach trade deals by his August 1 deadline, including Canada, India and Taiwan. 'We think the resolution of trade deals to the satisfaction of the market – more or less, barring a few exceptions – has been the key driver for oil price bullishness in recent days, and further progress on trade talks with China in future could be a further confidence booster for the oil market,' said Suvro Sarkar at DBS Bank. Prices were also supported this week by Trump's threats to impose 100% secondary tariffs on Russian crude buyers as he seeks to pressure Russia into halting its war in Ukraine. This has stoked concern over potential disruption to oil trade flows and the removal of some oil from the market. 'It is not possible to completely replace Russian oil supplies in any case, which is why effective sanctions would lead to significantly higher oil prices,' said Commerzbank analyst Carsten Fritsch.
