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We recently published a list of 10 Firms Battered by Poor Earnings, Dismal Outlook. In this article, we are going to take a look at where Alignment Healthcare, Inc. (NASDAQ:ALHC) stands against other Friday’s worst performers.
Wall Street’s major indices ended the trading week on a strong note, clocking in robust gains as investors cheered better-than-expected non-farm payrolls last month while digesting more corporate earnings results.
The tech-heavy Nasdaq led the rally among all major indices, finishing up 1.51 percent. The S&P 500 clocked in a 1.47-percent gain, while the Dow Jones grew by 1.39 percent.
Despite the broader market optimism, 10 companies managed to register declines amid dismal earnings performance in the first quarter of the year. In this article, let us explore Friday’s 10 worst performers and the reasons behind their decline.
To come up with the list, we considered only the stocks with a $2-billion market capitalization and $5-million trading volume.
A doctor holding a clipboard talking to an elderly patient in a Medicare Advantage healthcare facility.
Alignment Healthcare, Inc. (NASDAQ:ALHC)
Alignment Healthcare dropped its share prices by 7.39 percent on Friday to finish at $15.53 apiece as investors immediately booked profits after a surge during the intra-day session, supported by its impressive earnings performance in the first quarter of the year.
In a statement, Alignment Healthcare, Inc. (NASDAQ:ALHC) said that it narrowed its net loss by 80 percent to $9.35 million from $46.5 million in the same period last year.
Revenues increased by 47 percent to $927 million from $629 million year-on-year.
Looking ahead, the company said that it is gunning for revenues between $950 million and $965 million in the second quarter of the year, to between $3.77 billion and $3.8 billion in the full-year period.
Adjusted EBITDA is also expected to settle at $10 to $18 million in the second quarter, and to $38 to $60 million in full-year 2025.
“By staying focused on quality, clinical outcomes, and member experience, we exceeded expectations across all key measures. With a strong start to the year and momentum building, we’re confident in our ability to scale with purpose and deliver on our mission of Medicare Advantage done right,” said Alignment Healthcare, Inc. (NASDAQ:ALHC) CEO John Kao.
Overall, ALHC ranks 9th on our list of Friday’s worst performers. While we acknowledge the potential of ALHC as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. There is an AI stock that went up since the beginning of 2025, while popular AI stocks lost around 25%. If you are looking for an AI stock that is more promising than ALHC but that trades at less than 5 times its earnings, check out our report about this cheapest AI stock.