Alta Equipment Group Inc. (ALTG)
NYSE: ALTG · Real-Time Price · USD
5.38
-0.04 (-0.83%)
May 16, 2025, 2:51 PM - Market open
Alta Equipment Group Stock Forecast
Stock Price Forecast
According to 3 professional analysts, the 12-month price target for Alta Equipment Group stock ranges from a low of $7.00 to a high of $20. The average analyst price target of $13 forecasts a 141.86% increase in the stock price over the next year.
Price Target: $13.00 (+141.86%)
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for Alta Equipment Group stock is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Dec '24 | Jan '25 | Feb '25 | Mar '25 | Apr '25 | May '25 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 2 | 2 | 2 | 1 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 2 | 2 | 2 | 2 | 2 | 2 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 4 | 4 | 4 | 4 | 4 | 3 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Raymond James | Raymond James | Hold Maintains $8.5 → $7 | Hold | Maintains | $8.5 → $7 | +30.23% | May 16, 2025 |
| Raymond James | Raymond James | Hold Maintains $9 → $8.5 | Hold | Maintains | $9 → $8.5 | +58.14% | Mar 10, 2025 |
| Raymond James | Raymond James | Hold Maintains $10 → $9 | Hold | Maintains | $10 → $9 | +67.44% | Nov 14, 2024 |
| Northland Capital Markets | Northland Capital Markets | Buy → Hold Downgrades $30 → $20 | Buy → Hold | Downgrades | $30 → $20 | +272.09% | Nov 13, 2024 |
| DA Davidson | DA Davidson | Strong Buy Maintains $20 → $12 | Strong Buy | Maintains | $20 → $12 | +123.26% | Aug 13, 2024 |
Financial Forecast
Revenue This Year
1.92B
from 1.88B
Increased by 2.05%
Revenue Next Year
1.98B
from 1.92B
Increased by 3.24%
EPS This Year
-1.45
from -1.96
EPS Next Year
-1.02
from -1.45
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.
Revenue Forecast
| Revenue | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 2.0B | 2.1B | 2.1B | ||
| Avg | 1.9B | 2.0B | 2.0B | ||
| Low | 1.8B | 1.8B | 1.9B |
Revenue Growth
| Revenue Growth | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 6.6% | 9.5% | 5.6% | ||
| Avg | 2.0% | 3.2% | 2.6% | ||
| Low | -3.5% | -3.6% | -1.4% |
EPS Forecast
| EPS | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | -1.23 | -0.80 | -0.27 | ||
| Avg | -1.45 | -1.02 | -0.27 | ||
| Low | -1.54 | -1.11 | -0.25 |
EPS Growth
| EPS Growth | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | - | - | - | ||
| Avg | - | - | - | ||
| Low | - | - | - |
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.