Alerus Financial Corporation (ALRS)
NASDAQ: ALRS · Real-Time Price · USD
21.00
-0.09 (-0.43%)
At close: May 28, 2025, 4:00 PM
20.97
-0.03 (-0.14%)
After-hours: May 28, 2025, 4:04 PM EDT
Alerus Financial Stock Forecast
Stock Price Forecast
According to 5 professional analysts, the 12-month price target for Alerus Financial stock ranges from a low of $22 to a high of $24. The average analyst price target of $23.2 forecasts a 10.48% increase in the stock price over the next year.
Price Target: $23.20 (+10.48%)
Analyst Consensus: Hold
Analyst Ratings
The average analyst rating for Alerus Financial stock is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.
Recommendation Trends
| Rating | Dec '24 | Jan '25 | Feb '25 | Mar '25 | Apr '25 | May '25 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Buy | 1 | 2 | 2 | 2 | 2 | 2 |
| Hold | 3 | 3 | 3 | 3 | 3 | 3 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 4 | 5 | 5 | 5 | 5 | 5 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Piper Sandler | Piper Sandler | Hold Maintains $22 → $23 | Hold | Maintains | $22 → $23 | +9.52% | May 2, 2025 |
| Keefe, Bruyette & Woods | Keefe, Bruyette & Woods | Hold Maintains $21 → $22 | Hold | Maintains | $21 → $22 | +4.76% | Apr 30, 2025 |
| DA Davidson | DA Davidson | Hold Maintains $23 | Hold | Maintains | $23 | +9.52% | Jan 30, 2025 |
| Raymond James | Raymond James | Buy Reiterates $22 → $24 | Buy | Reiterates | $22 → $24 | +14.29% | Jan 30, 2025 |
| Piper Sandler | Piper Sandler | Hold Maintains $21 → $24 | Hold | Maintains | $21 → $24 | +14.29% | Jan 30, 2025 |
Financial Forecast
Revenue This Year
286.39M
from 203.83M
Increased by 40.50%
Revenue Next Year
296.53M
from 286.39M
Increased by 3.54%
EPS This Year
2.21
from 0.83
Increased by 166.06%
EPS Next Year
2.40
from 2.21
Increased by 8.83%
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.
Revenue Forecast
| Revenue | 2025 | 2026 |
|---|---|---|
| High | 297.2M | 306.6M |
| Avg | 286.4M | 296.5M |
| Low | 273.4M | 283.5M |
Revenue Growth
| Revenue Growth | 2025 | 2026 |
|---|---|---|
| High | 45.8% | 7.1% |
| Avg | 40.5% | 3.5% |
| Low | 34.1% | -1.0% |
EPS Forecast
| EPS | 2025 | 2026 |
|---|---|---|
| High | 2.35 | 2.68 |
| Avg | 2.21 | 2.40 |
| Low | 2.08 | 2.19 |
EPS Growth
| EPS Growth | 2025 | 2026 |
|---|---|---|
| High | 183.4% | 21.2% |
| Avg | 166.1% | 8.8% |
| Low | 150.3% | -1.0% |
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.