Alerus Financial Corporation (ALRS)
NASDAQ: ALRS · Real-Time Price · USD
20.94
-0.13 (-0.62%)
May 7, 2025, 4:00 PM EDT - Market closed
Alerus Financial Stock Forecast
Stock Price Forecast
The 5 analysts with 12-month price forecasts for Alerus Financial stock have an average target of 23.2, with a low estimate of 22 and a high estimate of 24. The average target predicts an increase of 10.79% from the current stock price of 20.94.
Analyst Consensus: Hold
Analyst Ratings
The average analyst rating for Alerus Financial stock from 5 stock analysts 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 | +9.84% | May 2, 2025 |
| Keefe, Bruyette & Woods | Keefe, Bruyette & Woods | Hold Maintains $21 → $22 | Hold | Maintains | $21 → $22 | +5.06% | Apr 30, 2025 |
| DA Davidson | DA Davidson | Hold Maintains $23 | Hold | Maintains | $23 | +9.84% | Jan 30, 2025 |
| Raymond James | Raymond James | Buy Reiterates $22 → $24 | Buy | Reiterates | $22 → $24 | +14.61% | Jan 30, 2025 |
| Piper Sandler | Piper Sandler | Hold Maintains $21 → $24 | Hold | Maintains | $21 → $24 | +14.61% | Jan 30, 2025 |
Financial Forecast
Revenue This Year
278.17M
from 203.83M
Increased by 36.47%
Revenue Next Year
291.09M
from 278.17M
Increased by 4.64%
EPS This Year
2.05
from 0.83
Increased by 146.47%
EPS Next Year
2.33
from 2.05
Increased by 13.88%
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.
Revenue Forecast
| Revenue | 2025 | 2026 |
|---|---|---|
| High | 294.6M | 304.4M |
| Avg | 278.2M | 291.1M |
| Low | 261.7M | 277.6M |
Revenue Growth
| Revenue Growth | 2025 | 2026 |
|---|---|---|
| High | 44.5% | 9.4% |
| Avg | 36.5% | 4.6% |
| Low | 28.4% | -0.2% |
EPS Forecast
| EPS | 2025 | 2026 |
|---|---|---|
| High | 2.29 | 2.68 |
| Avg | 2.05 | 2.33 |
| Low | 1.78 | 2.01 |
EPS Growth
| EPS Growth | 2025 | 2026 |
|---|---|---|
| High | 175.8% | 30.9% |
| Avg | 146.5% | 13.9% |
| Low | 114.9% | -1.8% |
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.