Alpha Modus (AMOD) Expected to Announce Earnings on Wednesday

Alpha Modus (NASDAQ:AMOD) is expected to be issuing its results before the market opens on Wednesday, June 3rd. Analysts expect the company to announce earnings of ($0.04) per share and revenue of $0.0070 million for the quarter.

Alpha Modus (NASDAQ:AMOD) last released its quarterly earnings results on Thursday, May 14th. The company reported ($0.08) earnings per share for the quarter, missing the consensus estimate of ($0.04) by ($0.04).

Alpha Modus Trading Up 5.0%

NASDAQ:AMOD opened at $0.21 on Wednesday. The stock has a market cap of $11.38 million, a P/E ratio of -0.60 and a beta of 0.50. The stock has a 50 day simple moving average of $0.31 and a 200 day simple moving average of $0.56. Alpha Modus has a 1-year low of $0.19 and a 1-year high of $2.60.

Hedge Funds Weigh In On Alpha Modus

Institutional investors have recently modified their holdings of the business. Geode Capital Management LLC raised its holdings in shares of Alpha Modus by 12.6% during the 4th quarter. Geode Capital Management LLC now owns 340,282 shares of the company’s stock worth $157,000 after buying an additional 38,131 shares in the last quarter. Millennium Management LLC acquired a new position in shares of Alpha Modus during the 3rd quarter worth $118,000. Polar Asset Management Partners Inc. acquired a new position in shares of Alpha Modus during the 4th quarter worth $62,000. Finally, XTX Topco Ltd acquired a new position in shares of Alpha Modus during the 2nd quarter worth $25,000. Institutional investors and hedge funds own 15.94% of the company’s stock.

Analyst Ratings Changes

Several analysts recently weighed in on AMOD shares. Wall Street Zen cut Alpha Modus from a “hold” rating to a “sell” rating in a report on Monday, March 16th. Maxim Group started coverage on Alpha Modus in a report on Wednesday, March 25th. They set a “buy” rating and a $1.50 price target for the company. Finally, Weiss Ratings reissued a “sell (e+)” rating on shares of Alpha Modus in a report on Friday, March 27th. One investment analyst has rated the stock with a Buy rating and one has given a Sell rating to the stock. According to MarketBeat, the company presently has an average rating of “Hold” and a consensus price target of $1.50.

Alpha Modus Company Profile

Alpha Modus Holdings, Inc operates as a blank check company. The company was founded on December 13, 2024 and is headquartered in Cornelius, NC.