Alta Equipment Group Inc. (ALTG)
NYSE: ALTG · Real-Time Price · USD
6.62
-0.26 (-3.78%)
Jul 14, 2026, 4:00 PM EDT - Market closed

Alta Equipment Group Stock Forecast

Stock Price Forecast

According to 5 analysts polled by S&P Global, Alta Equipment Group stock has a consensus rating of "Buy" and an average price target of $10.6. The average 1-year stock price forecast is 60.12% higher than the current stock price, while the lowest is $8.00 (+20.85%) and the highest is $17 (+156.80%).

Price Target: $10.6 (+60.12%)
Analyst Consensus: Buy
TargetLowAverageMedianHigh
Price$8.00$10.6$9.00$17
Change+20.85%+60.12%+35.95%+156.80%

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

RatingJan '26Feb '26Mar '26May '26Jun '26Jul '26
Strong Buy222222
Buy001111
Hold221111
Sell000000
Strong Sell000000
Total444444

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
Northland Securities
Northland Securities
Buy
Maintains
$17
BuyMaintains$17+156.80%Jul 2, 2026
D.A. Davidson
D.A. Davidson
Hold
Reiterates
$8
HoldReiterates$8+20.85%Jun 25, 2026
Raymond James
Raymond James
Buy
Upgrades
$6.75$9.5
BuyUpgrades$6.75$9.5+43.50%Mar 9, 2026

Financial Forecast

Revenue This Year
1.89B
from 1.84B
Increased by 2.81%
Revenue Next Year
1.95B
from 1.89B
Increased by 3.25%
EPS This Year
-0.87
from -1.86
EPS Next Year
-0.52
from -0.87
Fiscal YearFY 2021FY 2022FY 2023FY 2024FY 2025FY 2026
Period EndingDec 31, 2021Dec 31, 2022Dec 31, 2023Dec 31, 2024Dec 31, 2025Dec 31, 2026
Revenue
1.21B1.57B1.88B1.88B1.84B1.89B
Revenue Growth
38.83%29.60%19.41%-0.01%-2.17%2.81%
Gross Profit
314.40M419.60M507.20M493.70M474.60M501.47M
Gross Margin
25.92%26.70%27.02%26.31%25.85%26.57%
Operating Income
18.00M40.80M54.40M18.60M23.20M36.07M
Net Income
-20.80M9.30M8.90M-62.10M-80.30M-38.55M
EPS
-----1.86-0.87
Free Cash Flow
18.05M-123.78M-79.33M54.21M97.95M-2.10M
No. Analysts
-----5
EPS and Forward PE are based on non-GAAP adjusted numbers.

Revenue Forecast

Revenue202620272028
High1.9B
Avg1.9B
Low1.9B

Revenue Growth

Revenue Growth202620272028
High
4.2%
Avg
2.8%
Low
1.6%

EPS Forecast

EPS202620272028
High-0.48
Avg-0.87
Low-1.34

EPS Growth

EPS Growth202620272028
High-
Avg-
Low-