Alerus Financial Corporation (ALRS)
NASDAQ: ALRS · Real-Time Price · USD
23.84
-1.06 (-4.26%)
Feb 27, 2026, 4:00 PM EST - Market closed
Alerus Financial Stock Forecast
Stock Price Forecast
The 5 analysts with 12-month price forecasts for Alerus Financial stock have an average target of 25.4, with a low estimate of 24 and a high estimate of 27. The average target predicts an increase of 6.54% from the current stock price of 23.84.
Analyst Consensus: Hold
* Price targets were last updated on Jan 30, 2026.
Analyst Ratings
The average analyst rating for Alerus Financial stock from 6 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.
Recommendation Trends
| Rating | Sep '25 | Oct '25 | Nov '25 | Dec '25 | Jan '26 | Feb '26 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 0 | 1 | 1 |
| Buy | 2 | 2 | 1 | 1 | 0 | 0 |
| Hold | 3 | 3 | 3 | 3 | 5 | 5 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 5 | 5 | 4 | 4 | 6 | 6 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| DA Davidson | DA Davidson | Hold Maintains $25 → $26 | Hold | Maintains | $25 → $26 | +9.06% | Jan 30, 2026 |
| Keefe, Bruyette & Woods | Keefe, Bruyette & Woods | Hold Maintains $24 → $25 | Hold | Maintains | $24 → $25 | +4.87% | Jan 30, 2026 |
| Hovde Group | Hovde Group | Buy → Hold Downgrades n/a | Buy → Hold | Downgrades | n/a | n/a | Jan 7, 2026 |
| Raymond James | Raymond James | Buy → Strong Buy Upgrades $25 → $27 | Buy → Strong Buy | Upgrades | $25 → $27 | +13.26% | Jan 5, 2026 |
| Piper Sandler | Piper Sandler | Hold Maintains $26 → $24 | Hold | Maintains | $26 → $24 | +0.67% | Nov 4, 2025 |
Financial Forecast
Revenue This Year
310.69M
from 223.82M
Increased by 38.81%
Revenue Next Year
325.35M
from 310.69M
Increased by 4.72%
EPS This Year
2.65
from 0.68
Increased by 289.49%
EPS Next Year
2.81
from 2.65
Increased by 6.10%
Revenue Forecast
| Revenue | 2026 | 2027 |
|---|---|---|
| High | 324.0M | 339.2M |
| Avg | 310.7M | 325.4M |
| Low | 294.6M | 308.9M |
Revenue Growth
| Revenue Growth | 2026 | 2027 |
|---|---|---|
| High | 44.8% | 9.2% |
| Avg | 38.8% | 4.7% |
| Low | 31.6% | -0.6% |
EPS Forecast
| EPS | 2026 | 2027 |
|---|---|---|
| High | 2.80 | 3.01 |
| Avg | 2.65 | 2.81 |
| Low | 2.40 | 2.55 |
EPS Growth
| EPS Growth | 2026 | 2027 |
|---|---|---|
| High | 312.3% | 13.8% |
| Avg | 289.5% | 6.1% |
| Low | 253.1% | -3.7% |
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.