Alerus Financial Corporation (ALRS)
NASDAQ: ALRS · Real-Time Price · USD
26.98
-0.12 (-0.44%)
At close: May 6, 2026, 4:00 PM EDT
26.99
+0.01 (0.04%)
After-hours: May 6, 2026, 4:10 PM EDT
Alerus Financial Stock Forecast
Stock Price Forecast
The 5 analysts that cover Alerus Financial stock have a consensus rating of "Hold" and an average price target of $27.3, which forecasts a 1.19% increase in the stock price over the next year. The lowest target is $25 and the highest is $29.
Price Target: $27.3 (+1.19%)
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 '25 | Jan '26 | Feb '26 | Mar '26 | Apr '26 | May '26 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 1 | 1 | 1 | 1 | 1 |
| Buy | 1 | 0 | 0 | 0 | 0 | 0 |
| Hold | 3 | 5 | 5 | 5 | 5 | 5 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 4 | 6 | 6 | 6 | 6 | 6 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| DA Davidson | DA Davidson | Hold Maintains $26 → $29 | Hold | Maintains | $26 → $29 | +7.49% | May 1, 2026 |
| Piper Sandler | Piper Sandler | Hold Maintains $28 → $29 | Hold | Maintains | $28 → $29 | +5.63% | May 1, 2026 |
| Keefe, Bruyette & Woods | Keefe, Bruyette & Woods | Hold Maintains $25 → $27 | Hold | Maintains | $25 → $27 | +0.07% | May 1, 2026 |
| DA Davidson | DA Davidson | Hold Maintains $25 → $26 | Hold | Maintains | $25 → $26 | -3.63% | Jan 30, 2026 |
| Keefe, Bruyette & Woods | Keefe, Bruyette & Woods | Hold Maintains $24 → $25 | Hold | Maintains | $24 → $25 | -7.34% | Jan 30, 2026 |
Financial Forecast
Revenue This Year
311.61M
from 223.82M
Increased by 39.22%
Revenue Next Year
324.08M
from 311.61M
Increased by 4.00%
EPS This Year
2.91
from 0.68
Increased by 327.76%
EPS Next Year
2.85
from 2.91
Decreased by -1.94%
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.
Revenue Forecast
| Revenue | 2026 | 2027 |
|---|---|---|
| High | 324.0M | 338.3M |
| Avg | 311.6M | 324.1M |
| Low | 295.3M | 305.6M |
Revenue Growth
| Revenue Growth | 2026 | 2027 |
|---|---|---|
| High | 44.8% | 8.6% |
| Avg | 39.2% | 4.0% |
| Low | 31.9% | -1.9% |
EPS Forecast
| EPS | 2026 | 2027 |
|---|---|---|
| High | 3.15 | 3.00 |
| Avg | 2.91 | 2.85 |
| Low | 2.61 | 2.70 |
EPS Growth
| EPS Growth | 2026 | 2027 |
|---|---|---|
| High | 363.5% | 3.0% |
| Avg | 327.8% | -1.9% |
| Low | 283.4% | -7.3% |
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 sources.