Alta Equipment Group Inc. (ALTG)
NYSE: ALTG · Real-Time Price · USD
6.25
-0.21 (-3.33%)
May 28, 2026, 1:40 PM EDT - Market open
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 $10.5. The average 1-year stock price forecast is 68.13% higher than the current stock price, while the lowest is $8.00 (+28.10%) and the highest is $17 (+172.22%).
Price Target: $10.5 (+68.13%)
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 | Sep '25 | Nov '25 | Jan '26 | Feb '26 | Mar '26 | May '26 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 2 | 2 | 2 | 2 |
| Buy | 0 | 0 | 0 | 0 | 1 | 1 |
| Hold | 2 | 2 | 2 | 2 | 1 | 1 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 4 | 4 | 4 | 4 | 4 | 4 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| D.A. Davidson | D.A. Davidson | Hold Maintains $7 → $8 | Hold | Maintains | $7 → $8 | +28.10% | May 12, 2026 |
| Northland Securities | Northland Securities | Buy Maintains $17 | Buy | Maintains | $17 | +172.22% | May 11, 2026 |
| Raymond James | Raymond James | Buy Upgrades $6.75 → $9.5 | Buy | Upgrades | $6.75 → $9.5 | +52.12% | Mar 9, 2026 |
Financial Forecast
Revenue This Year
1.92B
from 1.84B
Increased by 4.47%
Revenue Next Year
1.98B
from 1.92B
Increased by 3.13%
EPS This Year
-1.24
from -2.55
EPS Next Year
-0.93
from -1.24
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.
Revenue Forecast
| Revenue | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|---|
| High | 2.0B | 2.1B | |||
| Avg | 1.9B | 2.0B | |||
| Low | 1.8B | 1.8B |
Revenue Growth
| Revenue Growth | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|---|
| High | 10.0% | 9.2% | |||
| Avg | 4.5% | 3.1% | |||
| Low | -1.4% | -4.4% |
EPS Forecast
| EPS | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|---|
| High | -0.84 | -0.75 | |||
| Avg | -1.24 | -0.93 | |||
| Low | -1.67 | -1.09 |
EPS Growth
| EPS Growth | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|---|
| High | - | - | |||
| Avg | - | - | |||
| Low | - | - |
Sources: Price targets and consensus ratings provided by S&P Global Market Intelligence. Historical ratings and analyst data provided by TipRanks. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data sources.