ALMR · NASDAQ · Biotechnology

Alamar Biosciences (ALMR)

Supplies NULISA assays and ARGO HT automation for protein-biomarker measurement.

$33.02
vs last close−0.20 (−0.60%)
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Alamar Biosciences, Inc.ALMR
Health Care

Sells automated precision-proteomics instruments, NULISA assays, consumables, and services to research and biopharma customers. Its model combines instrument placement with proprietary consumables and service activity.

Pairs NULISA assays with the automated ARGO HT benchtop system to measure protein biomarkers at very low concentrations in blood and other biological samples. The research-use-only platform serves research and academic institutions, biopharmaceutical companies, contract research organizations, and service laboratories.

The portfolio includes NULISAseq high-plex panels and NULISAqpcr single- or low-plex assays, with next-generation-sequencing or qPCR readouts for discovery and targeted applications. Its customer base extends internationally, and the business combines instrument placement, proprietary consumables, and services.

Commercial development depends on continued adoption of the ARGO/NULISA ecosystem by research and biopharma customers. The platform is designed for research use rather than clinical diagnostic use.

Company facts

CEOYuling Luo, Ph.D.
ListedApr 17, 2026
ExchangeNASDAQ
HeadquartersFremont, CA
CountryUnited States
Employees222
CIK0002104204
ISINUS0109111056

Market cap$2.30B
EPS (ttm)
P/E (ttm)
ROE
P/B7.36
P/S
Dividend yieldDiv yield
Beta

Price target$33.50+0.8%Average of 2 analysts
ConsensusBuy2 of 2 analysts
Ratings

Target rangeAs of Sep 22, 2026

Latest analyst notes

DateFirmActionPriorCurrent
Aug 11, 2026Stifel NicolausTarget
Target: $28
Target: $32
May 12, 2026Leerink PartnersTarget
Target:
Target: $35
May 12, 2026Stifel NicolausTarget
Target:
Target: $28

EPSReportedEstimate

May '26Aug '26
Reported−$1.74−$0.22
Estimate−$1.71−$0.31
Surprise−1.8%+28.5%

RevenueReportedEstimate

May '26Aug '26
Reported$26.0M$29.4M
Estimate$26.0M$25.9M
Surprise0.0%+13.7%
Estimate−$0.31
Reported−$0.22+28.5%
Estimate$25.9M
Reported$29.4M+13.7%
View details

Debt to equity16.40%
Current ratio1,185.20%

ProfitabilityRevenueNet incomeNet margin

Q1 FY26Q2 FY26
Revenue$26.0M$29.4M
Net income−$21.3M−$13.2M
Net margin0.0%0.0%

GrowthOperating income

Q1 FY26Q2 FY26
Operating income−$12.3M−$13.5M
YoY growth

Balance sheet, Jun 30, 2026Cash & short-term investments $250.1M · Total debt $51.4M · Total assets $391.0M · Shareholders' equity $312.9M

Revenue
$29.4M
Operating income
−$13.5M
Net income
−$13.2M
View details

No dividends on record.

Institutions35.29%24.49M shares
87 holders · as of Jun 30, 2026
Insiders29.47%20.45M shares
8 holders · as of Sep 16, 2026
Strategic holders22.68%15.74M shares
1 holder · as of Aug 11, 2026
Other12.56%8.71M shares
remainder

69.39M company shares as of Sep 23, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing

Top shareholders13F · 13D/G · Form 4

HolderStakeSharesDate
Qiming Corporate GP VI, Ltd.1Strategic10 percent owner
22.68%7.07M · 8.67Mfiled Aug 11, 2026
Yuling Luo2Insiderdirector, officer: Chief Executive Officer
9.21%4.53M · 1.86Mfiled Aug 13, 2026
Nicholas NaclerioInsiderdirector
9.18%6.37Mfiled Apr 20, 2026
Nicholas NaclerioInsider
9.17%6.36Mfiled Apr 23, 2026
Sands Capital Ventures, LLCInstitution
6.10%4.23Mas of Jun 30, 2026
  1. Qiming Corporate GP VI, Ltd.'s own ownership statement (13G, Aug 11, 2026) reports fewer shares than the transaction reports; the statement is used.
  2. Yuling Luo's transaction reports restate only vehicles that traded; the 2026 ownership statement (4.53M) is used instead.

Insider tradesForm 4

DateInsiderRoleSharesAvg price
Apr 20, 2026Nicholas Nacleriodirector+235,294$17.00
Apr 20, 2026Illumina Innovation Fund II GP, L.L.C.10 percent owner+235,294$17.00
View details

  • Thermo Fisher Scientific

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  • Quanterix

    Simoa for ultra-sensitive blood-biomarker measurement

  • Illumina

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  • Seer

    Proteograph suite for deep, unbiased discovery proteomics

Compare

CompanyPriceChange
Alamar Biosciences$33.02−0.60%$2.30B
Thermo Fisher Scientific$662.57+0.62%$243.49B35.425.35.3+10.5%
Quanterix$3.10−2.98%$150.3M1.0+34.4%
Illumina$251.92+1.80%$37.44B46.244.28.3+9.4%
Seer$1.87+0.54%$102.3M7.4−23.4%
Median40.834.76.3+10.0%