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
Target Low Average Median High
Price n/a n/a n/a n/a
Change n/a n/a n/a n/a

Analyst Ratings

There are currently no analyst ratings available for ALLETE.

Recommendation Trends

Rating Dec '23Jan '24Feb '24Mar '24Apr '24May '24
Strong Buy 100000
Buy 000000
Hold 544440
Sell 111110
Strong Sell 100000
Total 855550

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
Hold
Upgrades
$58
Hold Upgrades $58 -11.23% Jan 22, 2024
Sidoti & Co.
Sidoti & Co.
Hold
Downgrades
$64
Hold Downgrades $64 -2.04% Jan 10, 2024
Mizuho
Mizuho
Hold
Maintains
$64$58
Hold Maintains $64$58 -11.23% Jul 21, 2023
More Analyst Ratings

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%
Fiscal Year FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026 FY 2027
Period Ending Dec 31, 2020 Dec 31, 2021 Dec 31, 2022 Dec 31, 2023 Dec 31, 2024 Dec 31, 2025 Dec 31, 2026 Dec 31, 2027
Revenue
1.17B1.42B1.57B1.88B1.53B1.56B1.65B1.78B
Revenue Growth
-5.76%21.39%10.68%19.68%-18.62%2.24%5.63%7.57%
EPS
3.183.233.384.303.103.984.364.79
EPS Growth
-11.42%1.54%4.68%27.22%-27.91%28.37%9.58%9.79%
Forward PE
-----16.4214.9813.65
No. Analysts
-----553
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 20252026202720282029
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 20252026202720282029
High
6.3%
9.8%
11.8%
Avg
2.2%
5.6%
7.6%
Low
-0.8%
2.5%
4.4%

EPS Forecast

EPS 20252026202720282029
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 20252026202720282029
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.