Alta Equipment Group Inc. (ALTG)
NYSE: ALTG · Real-Time Price · USD
5.97
-0.15 (-2.45%)
Jun 18, 2025, 4:00 PM - Market closed
Alta Equipment Group Stock Forecast
Stock Price Forecast
The 3 analysts that cover Alta Equipment Group stock have a consensus rating of "Buy" and an average price target of $11.67, which forecasts a 95.48% increase in the stock price over the next year. The lowest target is $7 and the highest is $20.
Price Target: $11.67 (+95.48%)
Analyst Consensus: Buy
* Price targets were last updated on May 19, 2025.
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 | Jan '25 | Feb '25 | Mar '25 | Apr '25 | May '25 | Jun '25 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 2 | 2 | 1 | 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 | 3 | 3 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| DA Davidson | DA Davidson | Strong Buy Maintains $9 → $8 | Strong Buy | Maintains | $9 → $8 | +34.00% | May 19, 2025 |
| Raymond James | Raymond James | Hold Maintains $8.5 → $7 | Hold | Maintains | $8.5 → $7 | +17.25% | May 16, 2025 |
| Raymond James | Raymond James | Hold Maintains $9 → $8.5 | Hold | Maintains | $9 → $8.5 | +42.38% | Mar 10, 2025 |
| Raymond James | Raymond James | Hold Maintains $10 → $9 | Hold | Maintains | $10 → $9 | +50.75% | Nov 14, 2024 |
| Northland Capital Markets | Northland Capital Markets | Buy → Hold Downgrades $30 → $20 | Buy → Hold | Downgrades | $30 → $20 | +235.01% | Nov 13, 2024 |
Financial Forecast
Revenue This Year
1.91B
from 1.88B
Increased by 1.89%
Revenue Next Year
1.97B
from 1.91B
Increased by 3.09%
EPS This Year
-1.59
from -1.96
EPS Next Year
-1.07
from -1.59
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% | 9.7% | 5.9% | ||
| Avg | 1.9% | 3.1% | 2.9% | ||
| Low | -3.5% | -3.4% | -1.1% |
EPS Forecast
| EPS | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | -1.59 | -0.80 | -0.27 | ||
| Avg | -1.59 | -1.07 | -0.27 | ||
| Low | -1.56 | -1.23 | -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.