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Alpha Compute
(NASDAQ:ALP)
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Rating:43Neutral
Price Target:
$3.00
▲(1664.71% Upside)
Action:Reiterated
Date:10/07/26
The score is primarily weighed down by weak financial performance—persistent losses, worsening cash burn, and unstable equity—despite low leverage. Technicals add downside pressure with a clear downtrend and negative MACD, while valuation provides only limited support given a negative P/E and no dividend yield.
Positive Factors
Contracted AI Compute Growth
The binding Swedish contract provides a meaningful base of contracted revenue and is expected to lift annual revenue materially. Long-term cluster utilisation also supports better forward visibility, helping Alpha Compute convert enterprise demand into a more durable operating platform.
Negative Factors
Persistent Cash Burn
持续 negative operating and free cash flow shows that the business is not currently self-funding its operations or expansion. The sharp 2026 deterioration increases dependence on external capital and could constrain investment capacity if contracted growth takes longer to convert into cash.
Read all positive and negative factors
Positive Factors
Negative Factors
Contracted AI Compute Growth
The binding Swedish contract provides a meaningful base of contracted revenue and is expected to lift annual revenue materially. Long-term cluster utilisation also supports better forward visibility, helping Alpha Compute convert enterprise demand into a more durable operating platform.
Read all positive factors
Alpha Compute (ALP) vs. SPDR S&P 500 ETF (SPY)
Market Cap
$5.08M
Dividend YieldN/A
Average Volume (3M)146.94K
Price to Earnings (P/E)―
Beta (1Y)1.79
Revenue GrowthN/A
EPS GrowthN/A
CountryUS
Employees22
SectorFinancial
Sector Strength70
IndustryInformation Technology Services
Share Statistics
EPS (TTM)N/A
Shares Outstanding1,549,848
10 Day Avg. Volume36,513
30 Day Avg. Volume146,939
Financial Highlights & Ratios
PEG Ratio<0.01
Price to Book (P/B)0.40
Price to Sales (P/S)30.13
P/FCF Ratio-0.09
Enterprise Value/Market Cap0.93
Enterprise Value/Revenue48.62
Enterprise Value/Gross Profit48.62
Enterprise Value/Ebitda-0.14
Forecast
1Y Price Target
$12.50Price Target Upside7252.94% Upside
Rating ConsensusHold
Number of Analyst Covering1
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Alpha Compute Business Overview & Revenue Model
Company Description
Alpha Compute Corp. (Nasdaq: ALP) is a high-performance GPU infrastructure and confidential-compute technology company built for the artificial intelligence economy. Structured as a holding company focused on sovereign AI compute, Alpha Compute ow...
Alpha Compute Financial Statement Overview
Summary
Income Statement
12
Very Negative
Balance Sheet
38
Negative
Cash Flow
10
Very Negative
| Breakdown | Mar 2026 | Mar 2025 | Jun 2024 | Jun 2023 | Jun 2022 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 97.00K | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | 97.00K | -35.00K | -54.00K | -1.00K | 0.00 |
| EBITDA | -8.39M | -6.74M | -18.20M | -122.25M | -14.77M |
| Net Income | -38.63M | -6.77M | -75.34M | -104.61M | -16.87M |
Balance Sheet | |||||
| Total Assets | 19.53M | 2.23M | 7.78M | 99.13M | 194.66M |
| Cash, Cash Equivalents and Short-Term Investments | 1.80M | 1.67M | 5.03M | 10.54M | 23.35M |
| Total Debt | 138.00K | 0.00 | 47.00K | 0.00 | 0.00 |
| Total Liabilities | 13.01M | 3.05M | 4.45M | 23.73M | 29.23M |
| Stockholders Equity | 7.23M | -123.00K | 4.02M | 76.05M | 121.20M |
Cash Flow | |||||
| Free Cash Flow | -30.90M | -5.46M | -14.30M | -12.08M | -6.76M |
| Operating Cash Flow | -20.55M | -5.46M | -14.30M | -12.07M | -6.76M |
| Investing Cash Flow | -6.32M | 0.00 | 2.81M | -617.00K | 0.00 |
| Financing Cash Flow | 25.88M | 2.10M | 5.97M | -117.00K | 27.35M |
Alpha Compute Technical Analysis
Negative
0.17
Price Trends
4.93
Negative
8.11
Negative
14.00
Negative
Market Momentum
-0.52
Negative
36.00
Neutral
63.31
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For ALP, the sentiment is Negative. The current price of 0.17 is below the 20-day moving average (MA) of 3.54, below the 50-day MA of 4.93, and below the 200-day MA of 14.00, indicating a bearish trend. The MACD of -0.52 indicates Negative momentum. The RSI at 36.00 is Neutral, neither overbought nor oversold. The STOCH value of 63.31 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for ALP.
Alpha Compute Risk Analysis
Alpha Compute disclosed 28 risk factors in its most recent earnings report. Alpha Compute reported the most risks in the "Finance & Corporate" category.
Finance & Corporate - Financial and accounting risks. Risks related to the execution of corporate activity and strategy
Latest Risks Added 0 New Risks
Alpha Compute Peers Comparison
UnderperformOutperform
Sector (68)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
71 Outperform | $1.08B | 142.74 | 1.48% | ― | 6.59% | -41.83% | |
68 Neutral | $18.00B | 11.42 | 9.92% | 3.81% | 9.73% | 1.22% | |
51 Neutral | $6.97M | 1.53 | 71.05% | ― | -94.31% | -1884.52% | |
49 Neutral | $5.39B | -10.86 | -28.04% | ― | 289.85% | -43.01% | |
43 Neutral | $5.08M | >-0.01 | -748.11% | ― | ― | ― |
* Financial Sector Average
ALP
Alpha Compute
3.28
-253.72
-98.72%
GDYN
Grid Dynamics Holdings
13.36
4.02
43.04%
APLD
Applied Digital Corporation
17.82
-16.84
-48.60%
DTST
Data Storage
2.98
-1.18
-28.37%
VEEA
Veea
4.82
-7.41
-60.58%
ARBB
ARB IOT Group Limited
3.71
-2.44
-39.67%
Alpha Compute Corporate Events
Alpha Compute Secures $71.9 Million Hydropowered AI Compute Deal in Sweden
Oct 6, 2026
On October 6, 2026, Alpha Compute Corp. reported that it had signed a binding contract on September 30, 2026, to deliver its ALPHA-02 cluster, a high-density NVIDIA B300 GPU deployment housed in a fully hydropowered data centre in Sweden. The deal...
Alpha Compute Regains Nasdaq Bid-Price Compliance, Easing Listing Risk
Sep 25, 2026
Alpha Compute Corp., a provider of high-density AI compute infrastructure and enterprise GPU services, announced on Sept. 25, 2026 that it has regained compliance with the Nasdaq Stock Market’s minimum bid price rule. The company’s ver...
Alpha Compute Moves to Acquire Pennsylvania Oil and Gas Assets for New AI Data Center
Sep 22, 2026
On September 22, 2026, Alpha Compute Corp. announced it had signed definitive real estate and asset purchase agreements to acquire an operating oil and gas business in Pennsylvania for US$5.5 million, securing more than 300 acres over the Utica an...
Alpha Compute Files New Investor Presentation with September 14 Form 6-K
Sep 14, 2026
Alpha Compute Corp filed a Form 6-K in September 2026 indicating it has made an investor presentation available to both existing and prospective shareholders. Dated September 14, 2026, the filing incorporates the materials into several of the comp...
Alpha Compute Changes Effective Date for 1-for-50 Reverse Share Split to September 9, 2026
Sep 3, 2026
On September 3, 2026, Alpha Compute Corp announced that it will implement a 1-for-50 reverse split of its ordinary shares, changing the effective date from September 8 to September 9, 2026, when the stock will begin trading on a post-split basis. ...
Alpha Compute Enacts 1-for-50 Reverse Share Split to Preserve Nasdaq Listing
Sep 3, 2026
On August 17, 2026, Alpha Compute’s board approved a 1-for-50 reverse split of its ordinary shares, with post-split trading scheduled to begin on September 8, 2026. The move consolidates every 50 existing shares into one new share, automatic...
Alpha Compute Wins Nasdaq Extension to Restore Minimum Bid Price Compliance
Sep 2, 2026
Alpha Compute Corp. disclosed that on August 31, 2026 it received a formal notice from Nasdaq granting an additional 180-day period, until March 1, 2027, to regain compliance with the exchange’s $1.00 minimum bid price requirement. The exten...
Alpha Compute Publishes Investor Presentation in August 27 Form 6-K Filing
Aug 27, 2026
On August 27, 2026, Alpha Compute Corp filed a Form 6-K with the U.S. Securities and Exchange Commission, incorporating the report by reference into several existing registration statements on Forms S-8 and F-3. The filing makes an investor presen...
Alpha Compute Updates Outstanding Share Count in August 2026 SEC Filing
Aug 20, 2026
Alpha Compute Corp reported updated share count information in a Form 6-K filed on August 20, 2026, indicating that as of the close of business on August 19, 2026, it had 77,492,393 ordinary shares issued and outstanding. The disclosure, signed by...
Alpha Compute Adds Independent Director Huskins to Strengthen Audit Oversight
Aug 18, 2026
On August 17, 2026, Alpha Compute Corp elected Michael Huskins to its Board of Directors and simultaneously appointed him to the Board’s Audit Committee. The move, disclosed in an SEC Form 6-K dated August 18, 2026, expands the board to five...
Alpha Compute Moves to Secure Low-Cost Energy for 200 MW Pennsylvania AI Data Center Campus
Aug 11, 2026
On August 11, 2026, Alpha Compute announced it had signed a binding term sheet to acquire mineral, surface and pore-space assets in northern Pennsylvania for a planned natural gas-powered data center campus. The agreement grants an exclusive optio...
Alpha Compute Restates 2026 Annual Report to Correct Administrative Accounting Errors
Aug 6, 2026
On August 3, 2026, Alpha Compute Corp’s audit committee, after discussions with management, determined that administrative errors in its audited consolidated financial statements for the year ended March 31, 2026 made those statements quanti...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.