Alerus Financial Corporation (ALRS)
NASDAQ: ALRS · Real-Time Price · USD
29.68
+0.01 (0.03%)
Jun 18, 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 5.22% lower than the current stock price, while the lowest is $27 (-9.03%) and the highest is $29 (-2.29%).
Price Target: $28.13 (-5.22%)
Analyst Consensus: Hold
* Price targets were last updated on May 20, 2026.
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 | -3.98% | May 20, 2026 |
| KBW | KBW | Hold Maintains $25 → $27 | Hold | Maintains | $25 → $27 | -9.03% | May 1, 2026 |
| Raymond James | Raymond James | Buy Reiterates $27 → $29 | Buy | Reiterates | $27 → $29 | -2.29% | 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
307.30M
from 293.63M
Increased by 4.66%
Revenue Next Year
316.00M
from 307.30M
Increased by 2.83%
EPS This Year
2.98
from 2.78
Increased by 7.19%
EPS Next Year
2.69
from 2.98
Decreased by -9.73%
EPS and Forward PE are based on non-GAAP adjusted numbers.
Revenue Forecast
| Revenue | 2026 | 2027 |
|---|---|---|
| High | 307.3M | |
| Avg | 307.3M | |
| Low | 307.3M |
Revenue Growth
| Revenue Growth | 2026 | 2027 |
|---|---|---|
| High | 4.7% | |
| Avg | 4.7% | |
| Low | 4.7% |
EPS Forecast
| EPS | 2026 | 2027 |
|---|---|---|
| High | - | |
| Avg | 2.98 | |
| Low | - |
EPS Growth
| EPS Growth | 2026 | 2027 |
|---|---|---|
| High | - | |
| Avg | 7.2% | |
| Low | - |