Alerus Financial Corporation (ALRS)
NASDAQ: ALRS · Real-Time Price · USD
34.44
+0.63 (1.86%)
Nov 9, 2026, 11:44 AM EST - Market open
Alerus Financial Stock Forecast
Stock Price Forecast
According to 5 analysts polled by S&P Global, Alerus Financial stock has a consensus rating of "Hold" and an average price target of $36.4. The average 1-year stock price forecast is 5.69% higher than the current stock price, while the lowest is $34 (-1.28%) and the highest is $40 (+16.14%).
Price Target: $36.4 (+5.69%)
Analyst Consensus: Hold
Price Target
ChartAnalyst 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 | Apr '26 | May '26 | Jun '26 | Jul '26 | Aug '26 | Oct '26 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Buy | 0 | 0 | 0 | 1 | 1 | 2 |
| Hold | 4 | 4 | 4 | 4 | 4 | 3 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 4 | 4 | 4 | 5 | 5 | 5 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| KBW | KBW | Hold Maintains $32 → $34 | Hold | Maintains | $32 → $34 | -1.28% | Oct 30, 2026 |
| Piper Sandler | Piper Sandler | Buy Maintains $38 | Buy | Maintains | $38 | +10.34% | Oct 29, 2026 |
| D.A. Davidson | D.A. Davidson | Hold Reiterates $36 | Hold | Reiterates | $36 | +4.53% | Jul 31, 2026 |
| Raymond James No rating | Raymond James | Buy Reiterates $34 | Buy | Reiterates | $34 | -1.28% | Jul 9, 2026 |
Financial Forecast
Revenue This Year
316.65M
from 293.63M
Increased by 7.84%
Revenue Next Year
325.60M
from 316.65M
Increased by 2.83%
EPS This Year
3.11
from 2.78
Increased by 11.73%
EPS Next Year
2.92
from 3.11
Decreased by -5.92%
EPS and Forward PE are based on non-GAAP adjusted numbers.