ALP Alpha Compute Corp

BULLISH Impact: 1/10 ANALYST-UPGRADE
Processed 1mo ago SEC analyst-ALP-hcwainwr-20260224
HC Wainwright & Co. initiates coverage on ALP at Buy
Final — all horizons settled through T+60d
ALP ▼ -9.50% at T+60d
LONG call ✗ call lost -9.50% · α vs SPY -16.25% · entry $0.4000 → $0.3620
Last close $0.2410 (close Jun 12) · -39.75% from $0.4000 entry
Entry anchored
Feb 24, 2026
via day open
T+1d
+7.75%
call +7.75% · α +6.92%
$0.4310
settled 4mo ago
T+5d
-4.00%
call -4.00% · α -2.97%
$0.3840
settled 3mo ago
T+20d
-14.25%
call -14.25% · α -9.26%
$0.3430
settled 3mo ago
T+60d
-9.50%
call -9.50% · α -16.25%
$0.3620
settled 26d ago

Price Chart

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Executive Summary

HC Wainwright & Co. initiated coverage on ALP with a Buy rating and a $2 price target, implying a 734% upside from the current $0.2397 price. The firm has a 43% accuracy rate on 4,605 calls with an average return of 2.5%, placing it below the typical peer average. The consensus is bearish: 0% Buy, 37.5% Hold, 62.5% Sell/Strong Sell across 8 analysts. HC Wainwright's $2 target is the only one on the street, making it a lone bull in a sea of bears. No upgrades or downgrades occurred in the past 30 days, and EPS estimates show one upward revision for the current and next fiscal year. Short interest is elevated at 57.6% of float, signaling heavy bearish positioning. Insider and congressional trades show no activity. This contrarian call from a below-average accuracy firm carries limited conviction, but the extreme short interest could fuel a squeeze if the thesis gains traction.

Impact Score

Base Score
0/7
LLM Adjustment
+1
Final Score
1/10

Consensus & Targets

Buy / Strong Buy
0 (0%)
Hold
3
Sell / Strong Sell
5
Total Analysts
1
Mean PT
$2.00
Median PT
$2.00
High PT
$2.00
Low PT
$2.00
Current Price
$0.2397
Implied Upside
+734.4%

The consensus is heavily bearish: 0% Buy, 37.5% Hold (3 analysts), 50% Sell (4 analysts), 12.5% Strong Sell (1 analyst). Total 8 analysts. HC Wainwright's Buy is a contrarian outlier against a 62.5% bearish majority.

Mean and median price target is $2, with a high and low of $2 from the sole analyst. Current price $0.2397 implies 734% upside to the mean. HC Wainwright's $2 target is the only target on the street, so it defines the consensus range.

Recent Analyst Activity

DateFirmActionRatingPrice Target
2026-02-24 HC Wainwright & Co. initiate Buy

No upgrades or downgrades in the past 30 days. EPS estimates show 1 upward revision for the current fiscal year and 1 for the next fiscal year, with no downward revisions. Estimates are being revised higher, a mildly positive signal.

Earnings Estimates

PeriodEPS Est.EPS RangeRevenueRevisions (7d)
0q $-0.35 $-0.35 — $-0.35 $0.00 ↑0 ↓0
+1q $-0.34 $-0.34 — $-0.34 $1.2M ↑0 ↓0
0y $-1.71 $-1.71 — $-1.71 $1.2M ↑1 ↓0
+1y $-0.03 $-0.03 — $-0.03 $35.7M ↑1 ↓0

Cross-Platform Signals

Short Interest
Short: 3,840,526 | Exempt: 443,990 | TRF Vol: 6,665,874 | Short Ratio: 57.6% | Off-exchange volume (dark pool + OTC)

Short interest is 57.6% of float (3.84M shares short vs 6.67M TRF volume), indicating extreme bearish positioning. No insider trades, congressional trades, or institutional changes reported. The analyst call diverges sharply from the heavy short interest, creating a potential squeeze setup if the Buy thesis gains traction.

Actionable Insight

HC Wainwright's lone Buy call is a contrarian bet against a 62.5% bearish consensus and 57.6% short interest. Traders should watch for volume confirmation and further analyst follow-through before committing capital, as the firm's 43% accuracy rate limits conviction.

Documents Analyzed

Report based on filing metadata.

9 reports for ALP
Performance horizon
75% Hit rate 3 of 4 directional calls best @ T+5▲ +32.00%May 12, 2026
Filters
Rows
Reports for ALP — sortable, filterable
Type Now
Jun 5, 2026
9d ago
6-K
NEUTRAL ★ 4/10
$0.2536 awaiting T+5awaiting T+5$0.2410 (−4.97%)
Jun 5, 2026
9d ago
Press Release
BEARISH ★ 7/10
$0.2537 awaiting T+5awaiting T+5$0.2410 (+5.01%)
May 27, 2026
18d ago
6-K
BULLISH ★ 7/10
$0.4460 $0.3090▼ −30.72%▼ −31.93%$0.2410 (−45.96%)
May 27, 2026
18d ago
Press Release
MIXED ★ 6/10
$0.4460 $0.3090▼ −30.72%▼ −31.93%$0.2410 (−45.96%)
May 27, 2026
18d ago
Press Release
MIXED ★ 6/10
$0.4460 $0.3090▼ −30.72%▼ −31.93%$0.2410 (−45.96%)
May 21, 2026
24d ago
6-K
BULLISH ★ 6/10
$0.3850 $0.4400▲ +14.29%▲ +12.69%$0.2410 (−37.40%)
May 21, 2026
24d ago
Press Release
BEARISH ★ 7/10
$0.3850 $0.4400▼ −14.29%▼ −12.69%$0.2410 (+37.40%)
May 12, 2026
4w ago
Press Release
BULLISH ★ 7/10
$0.2750 $0.3630▲ +32.00%▲ +31.92%$0.2410 (−12.36%)
May 11, 2026
5w ago
ANALYST-UPGRADE
BULLISH ★ 1/10
$0.4000 $0.3840▼ −4.00%▼ −2.97%$0.2410 (−39.75%)
Showing 9 of 9

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