Alerus Financial Corporation (ALRS)
NASDAQ: ALRS · Real-Time Price · USD
28.58
-0.32 (-1.11%)
May 29, 2026, 4:00 PM EDT - Market closed
Alerus Financial Stock Forecast
Stock Price Forecast
According to 4 analysts polled by S&P Global, Alerus Financial stock has a consensus rating of "Hold" and an average price target of $28.13. The average 1-year stock price forecast is 1.57% lower than the current stock price, while the lowest is $27 (-5.53%) and the highest is $29 (+1.47%).
Price Target: $28.13 (-1.57%)
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 | Oct '25 | Nov '25 | Dec '25 | Jan '26 | Apr '26 | May '26 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 1 | 0 | 0 |
| Buy | 1 | 1 | 1 | 0 | 0 | 0 |
| Hold | 3 | 3 | 3 | 4 | 4 | 4 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 5 | 5 | 5 | 5 | 4 | 4 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Piper Sandler | Piper Sandler | Hold Maintains $28 → $29 | Hold | Maintains | $28 → $29 | -0.28% | May 20, 2026 |
| KBW | KBW | Hold Maintains $25 → $27 | Hold | Maintains | $25 → $27 | -5.53% | May 1, 2026 |
| Raymond James | Raymond James | Buy Reiterates $27 → $29 | Buy | Reiterates | $27 → $29 | +1.47% | Jan 30, 2026 |
| D.A. Davidson | D.A. Davidson | Hold Maintains n/a | Hold | Maintains | n/a | n/a | Jan 30, 2026 |
| Hovde Group | Hovde Group | Hold Downgrades n/a | Hold | Downgrades | n/a | n/a | Jan 7, 2026 |
Financial Forecast
Revenue This Year
312.63M
from 223.82M
Increased by 39.68%
Revenue Next Year
323.11M
from 312.63M
Increased by 3.35%
EPS This Year
2.97
from 0.68
Increased by 336.39%
EPS Next Year
2.83
from 2.97
Decreased by -4.65%
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.
Revenue Forecast
| Revenue | 2026 | 2027 |
|---|---|---|
| High | 322.8M | 338.3M |
| Avg | 312.6M | 323.1M |
| Low | 299.5M | 305.6M |
Revenue Growth
| Revenue Growth | 2026 | 2027 |
|---|---|---|
| High | 44.2% | 8.2% |
| Avg | 39.7% | 3.4% |
| Low | 33.8% | -2.3% |
EPS Forecast
| EPS | 2026 | 2027 |
|---|---|---|
| High | 3.15 | 3.00 |
| Avg | 2.97 | 2.83 |
| Low | 2.79 | 2.64 |
EPS Growth
| EPS Growth | 2026 | 2027 |
|---|---|---|
| High | 363.5% | 1.0% |
| Avg | 336.4% | -4.6% |
| Low | 310.7% | -11.2% |
Sources: Price targets and consensus ratings provided by S&P Global Market Intelligence. Historical ratings and analyst data provided by TipRanks. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data sources.