ALLETE, Inc. (ALE)
NYSE: ALE · Real-Time Price · USD
65.34
+0.07 (0.11%)
Jun 9, 2025, 1:40 PM - Market open
ALLETE Stock Forecast
Stock Price Forecast
There is currently no analyst price target forecast available for ALLETE.
Price Target: $0.00 (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 | +2.55% | May 16, 2024 |
Wells Fargo | Wells Fargo | Hold Maintains $57 → $59 | Hold | Maintains | $57 → $59 | -9.70% | Feb 21, 2024 |
Guggenheim | Guggenheim | Strong Sell → Hold Upgrades $58 | Strong Sell → Hold | Upgrades | $58 | -11.23% | Jan 22, 2024 |
Sidoti & Co. | Sidoti & Co. | Strong Buy → Hold Downgrades $64 | Strong Buy → Hold | Downgrades | $64 | -2.04% | Jan 10, 2024 |
Mizuho | Mizuho | Hold Maintains $64 → $58 | Hold | Maintains | $64 → $58 | -11.23% | 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
3.98
from 3.10
Increased by 28.37%
EPS Next Year
4.36
from 3.98
Increased by 9.58%
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.
Revenue Forecast
Revenue | 2025 | 2026 | 2027 | 2028 | 2029 |
---|---|---|---|---|---|
High | 1.6B | 1.7B | 1.8B | ||
Avg | 1.6B | 1.7B | 1.8B | ||
Low | 1.5B | 1.6B | 1.7B |
Revenue Growth
Revenue Growth | 2025 | 2026 | 2027 | 2028 | 2029 |
---|---|---|---|---|---|
High | 6.3% | 9.8% | 11.8% | ||
Avg | 2.2% | 5.6% | 7.6% | ||
Low | -0.8% | 2.5% | 4.4% |
EPS Forecast
EPS | 2025 | 2026 | 2027 | 2028 | 2029 |
---|---|---|---|---|---|
High | 4.44 | 4.85 | 5.04 | ||
Avg | 3.98 | 4.36 | 4.79 | ||
Low | 3.56 | 4.00 | 4.59 |
EPS Growth
EPS Growth | 2025 | 2026 | 2027 | 2028 | 2029 |
---|---|---|---|---|---|
High | 43.3% | 21.9% | 15.6% | ||
Avg | 28.4% | 9.6% | 9.8% | ||
Low | 14.8% | 0.5% | 5.2% |
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.