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Alcon AG(ALC)
Advisory History & Simulated Performance *
*as per simulation (see disclosures)- ALL
- 1Y
- 1M
- 1W
- BUY Advisory
- SELL Advisory (Profit)
- SELL Advisory (Loss)
- Profit
- Loss
- PASS (Skip)
Stock price based on last close Advisory Performance History (Simulated)
Upturn Advisory & Investor View for ALC
10/09/2026: ALC (1-star) is currently NOT-A-BUY. Pass it for now.
Alcon AG is a global leader in eye care, operating as a pure-play medical device company with two primary segments: surgical equipment and vision care. The firm has a leading position in the cataract and contact lens markets, benefiting from durable demand driven by an aging global population and recurring revenue from consumables. Its primary growth opportunity lies in the continued adoption of premium surgical technologies and recent expansion into ophthalmic pharmaceuticals. However, risks include intense competition from industry giants and sensitivity to elective procedure volumes. The stock may best suit investors seeking a specialized, defensive healthcare play, with key developments to monitor including product innovation success and surgical procedure trends.
How to Read the Upturn Advisory
The Upturn Star Rating and the current BUY, SELL, or PASS advisory are generated by Upturn’s AI advisory engine based on proprietary signal analysis, price behavior, advisory history, and historical signal performance.
Company fundamentals, valuation, risks, and news provide supporting context about the business.
Investor Fit
| Investor style | Fit | Why |
|---|---|---|
| Growth investor | Strong fit | Alcon provides steady growth through the aging demographic and surgical innovation trend. |
| Momentum investor | Mixed fit | Momentum depends on market sentiment regarding elective surgery volume and innovation success. |
| Value investor | Mixed fit | The stock often commands a premium multiple consistent with its high-quality medical franchise. |
| Dividend investor | Mixed fit | Alcon offers a modest dividend, though not typically chosen as a high-yield income play. |
| Low-risk investor | Strong fit while signal remains positive | The medical device sector is generally considered defensive, providing stable demand even in volatile markets. |
Risk Profile
| Risk factor | Level | Why it matters |
|---|---|---|
| Price volatility | Medium | Broader market conditions and elective surgery trends can lead to short-term stock price fluctuations. |
| Valuation risk | Medium | Investors should monitor if the premium valuation accurately reflects future growth potential. |
| Competition risk (Medical Device) | Medium / high | Constant pressure from JNJ and other innovators requires continuous R&D success to maintain market share. |
| Business quality | Strong | Alcon maintains a deep moat through its established installed base of surgical equipment and brand loyalty. |
| Dividend income | Low | Dividends are reliable but represent a secondary part of total return compared to capital growth. |
| Execution risk | Medium | Success depends on the effective rollout of new surgical systems and maintaining supply chain stability. |
Price Behavior
Downtrend
The stock has experienced a sustained decline in price over recent periods.
Moderately Choppy
The stock has experienced noticeable price swings while retaining some directional structure.
Analysis of Past Performance
Type Stock | Historic Profit -28.56% | Avg. Invested days 36 | Today’s Advisory PASS |
Upturn Advisory Rating  | Upturn Advisory Performance  2.0 | Stock Returns Performance  1.0 |
| Profits based on simulation | Last Close 10/09/2026 |
Upturn Scorecard
Upturn Star Rating 
Company Fundamentals
Financial Health Rating
Growth Momentum Score
Ownership
Top 5 Institutional Investors
Unit Economics (Per $1K Revenue)
Economic Dimensions
Quantitative Style Profile
Style Classification
Quality Focused
Key Highlights
Company Size Large-Cap Stock | Market Capitalization 30.99B USD | Price to earnings Ratio 48.57 | 1Y Target Price 83.55 |
Price to earnings Ratio 48.57 | 1Y Target Price 83.55 | ||
Volume (30-day avg) 1.7M shares | Beta 0.73 | 52 Weeks Range 61.84 - 87.22 | Updated Date 10/11/2026 |
52 Weeks Range 61.84 - 87.22 | Updated Date 10/11/2026 | ||
Dividends yield (FY) 0.56% | Basic EPS (TTM) 1.32 |
How Company Makes Money
| Business area | What it includes | Retail investor read |
|---|---|---|
| Surgical | Cataract equipment (Centurion), IOLs (PanOptix), and vitreoretinal tools. | Selling the machines and the disposable parts used in eye surgeries provides a steady, high-margin revenue stream. |
| Vision Care | Dailies Total1 lenses and lens care solutions. | This is a recurring, consumer-driven business that benefits from long-term brand loyalty. |
| Geography | Global sales across North America, EMEA, and Asia-Pacific. | A balanced global presence helps buffer the company against regional economic weaknesses. |
Analyzing Revenue: Products, Geography and Growth
Revenue by Geography
Geography revenue - Year on Year
Valuation
Trailing PE 48.57 | Forward PE 16.23 | Enterprise Value 35.65B | Price to Sales(TTM) 2.85 |
Enterprise Value 35.65B | Price to Sales(TTM) 2.85 | ||
Enterprise Value to Revenue 3.28 | Enterprise Value to EBITDA 13.07 | Shares Outstanding 483.40M | Shares Floating 481.83M |
Shares Outstanding 483.40M | Shares Floating 481.83M | ||
Percent Insiders 0.2 | Percent Institutions 63.45 |
Financial Metrics
🧭 Investment Snapshot
Total Revenue (Scale)
Total money earned from selling products or services before any costs. It is needed to understand the scale of the business and its ability to generate income.
Net Income (Profit)
Final profit after all expenses, interest, and taxes are deducted. It is needed to determine the overall profitability available to shareholders.
Free Cash Flow (Cash Strength)
Cash remaining after operating activities and capital expenditures, showing cash available for growth. It is needed to evaluate the company’s ability to invest, pay dividends, or reduce debt.
📈 Growth & Strength
Operating Income (Core Profit)
Profit from core operations after deducting all operating expenses. It is needed to measure how efficiently the company runs its primary business activities.
EBITDA (Cash Earnings)
Earnings before interest, taxes, depreciation, and amortization, indicating operating cash potential. It is needed to compare operating performance across companies without accounting or financing differences.
Gross Profit (Unit Profitability)
Revenue minus cost of revenue, showing profit after direct production costs. It is needed to evaluate core business profitability before overhead expenses.
🛡️ Financial Safety
Cash (Liquidity Buffer)
Total cash and cash equivalents on hand. It is needed to evaluate immediate liquidity and financial flexibility.
Total Debt (Leverage Risk)
Total debt including both short-term and long-term components. It is needed to assess the company’s leverage and financial risk.
Net Working Capital (Short-Term Health)
Current assets minus current liabilities, indicating short-term liquidity strength. It is needed to assess whether the company can meet its short-term obligations.
🧱 Balance Sheet Strength
Stockholder Equity (Net Worth)
Total equity value held by shareholders. It is needed to understand the net worth of the company from the owners’ perspective.
Total Assets (Asset Base)
The full value of everything the company owns, including cash, inventory, equipment, and investments. It is needed to understand the resource base used to generate revenue.
Income Before Tax (Pre-Tax Earnings)
Income before provision for income taxes. It is needed to analyze profitability independent of tax structures.
⚙️ Cost & Drag Factors
Cost of Revenue (Production Cost)
Direct costs required to produce and deliver the products or services sold. It is needed to assess efficiency in production and service delivery.
Total Operating Expenses (Operating Cost)
Indirect costs of running the business such as salaries, marketing, and administration. It is needed to understand how much it costs to sustain ongoing business operations.
Income Tax Expense (Tax Drag)
Amount of taxes paid or payable to the government. It is needed to evaluate the impact of taxation on overall profitability.
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