ALLETE, Inc. (ALE)
NYSE: ALE · Real-Time Price · USD
62.92
-0.34 (-0.54%)
Sep 15, 2025, 4:00 PM EDT - Market closed
ALLETE Stock Forecast
Stock Price Forecast
There is currently no analyst price target forecast available for ALLETE.
Price Target: $ (0.00%)
Analyst Consensus: n/a
Analyst Ratings
There are currently no analyst ratings available for ALLETE.
Recommendation Trends
| Rating | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 0 | 0 | 0 | 0 | 0 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 5 | 4 | 4 | 4 | 4 | 0 |
| Sell | 1 | 1 | 1 | 1 | 1 | 0 |
| Strong Sell | 1 | 0 | 0 | 0 | 0 | 0 |
| Total | 8 | 5 | 5 | 5 | 5 | 0 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Mizuho | Mizuho | Hold Maintains $57 → $67 | Hold | Maintains | $57 → $67 | +6.48% | May 16, 2024 |
| Wells Fargo | Wells Fargo | Hold Maintains $57 → $59 | Hold | Maintains | $57 → $59 | -6.23% | Feb 21, 2024 |
| Guggenheim | Guggenheim | Strong Sell → Hold Upgrades $58 | Strong Sell → Hold | Upgrades | $58 | -7.82% | Jan 22, 2024 |
| Sidoti & Co. | Sidoti & Co. | Strong Buy → Hold Downgrades $64 | Strong Buy → Hold | Downgrades | $64 | +1.72% | Jan 10, 2024 |
| Mizuho | Mizuho | Hold Maintains $64 → $58 | Hold | Maintains | $64 → $58 | -7.82% | Jul 21, 2023 |
Financial Forecast
Revenue This Year
1.56B
from 1.53B
Increased by 2.24%
Revenue Next Year
1.65B
from 1.56B
Increased by 5.63%
EPS This Year
3.69
from 3.10
Increased by 18.92%
EPS Next Year
4.03
from 3.69
Increased by 9.32%
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.
Revenue Forecast
| Revenue | 2025 | 2026 | 2027 |
|---|---|---|---|
| High | 1.6B | 1.7B | |
| Avg | 1.6B | 1.7B | |
| Low | 1.5B | 1.6B |
Revenue Growth
| Revenue Growth | 2025 | 2026 | 2027 |
|---|---|---|---|
| High | 6.3% | 9.8% | |
| Avg | 2.2% | 5.6% | |
| Low | -0.8% | 2.5% |
EPS Forecast
| EPS | 2025 | 2026 | 2027 |
|---|---|---|---|
| High | 3.89 | 4.26 | |
| Avg | 3.69 | 4.03 | |
| Low | 3.53 | 3.84 |
EPS Growth
| EPS Growth | 2025 | 2026 | 2027 |
|---|---|---|---|
| High | 25.3% | 15.6% | |
| Avg | 18.9% | 9.3% | |
| Low | 13.8% | 4.2% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.