Alerus Financial Corporation (ALRS)
NASDAQ: ALRS · Real-Time Price · USD
30.82
+0.41 (1.35%)
At close: Jun 26, 2026, 4:00 PM EDT
30.82
0.00 (0.00%)
After-hours: Jun 26, 2026, 4:31 PM EDT

Alerus Financial Stock Forecast

Stock Price Forecast

The 4 analysts with 12-month price forecasts for Alerus Financial stock have an average target of 28.5, with a low estimate of 26 and a high estimate of 32. The average target predicts a decrease of -7.53% from the current stock price of 30.82.

Analyst Consensus: Hold
Target Low Average Median High
Price $26 $28.5 $29 $32
Change -15.64% -7.53% -5.91% +3.83%

Analyst Ratings

The average analyst rating for Alerus Financial stock from 4 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.

Recommendation Trends

Rating Nov '25Dec '25Jan '26Apr '26May '26Jun '26
Strong Buy 111000
Buy 110000
Hold 334444
Sell 000000
Strong Sell 000000
Total 555444

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Piper Sandler
Piper Sandler
Hold
Reiterates
$29$32
Hold Reiterates $29$32 +3.83% Jun 26, 2026
KBW
KBW
Hold
Maintains
$25$27
Hold Maintains $25$27 -12.39% May 1, 2026
Raymond James
Raymond James
Buy
Reiterates
$27$29
Buy Reiterates $27$29 -5.91% Jan 30, 2026
D.A. Davidson
D.A. Davidson
Hold
Maintains
$26
Hold Maintains $26 -15.64% Jan 30, 2026
Hovde Group
Hovde Group
Hold
Downgrades
n/a
Hold Downgrades n/a n/a Jan 7, 2026
More Analyst Ratings

Financial Forecast

Revenue This Year
307.30M
from 293.63M
Increased by 4.66%
Revenue Next Year
316.00M
from 307.30M
Increased by 2.83%
EPS This Year
2.98
from 2.78
Increased by 7.19%
EPS Next Year
2.69
from 2.98
Decreased by -9.73%
Fiscal Year FY 2022 FY 2023 FY 2024 FY 2025 FY 2026 FY 2027
Period Ending Dec 31, 2022 Dec 31, 2023 Dec 31, 2024 Dec 31, 2025 Dec 31, 2026 Dec 31, 2027
Revenue
211.38M193.38M219.24M293.63M307.30M316.00M
Revenue Growth
--8.51%13.37%33.93%4.66%2.83%
EPS
2.100.580.980.682.982.69
EPS Growth
--72.38%68.97%-30.61%338.24%-9.73%
Forward PE
----10.3411.46
No. Analysts ----11
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 20262027
High 307.3M 316.0M
Avg 307.3M 316.0M
Low 307.3M 316.0M

Revenue Growth

Revenue Growth 20262027
High
4.7%
2.8%
Avg
4.7%
2.8%
Low
4.7%
2.8%

EPS Forecast

EPS 20262027
High 2.98 2.69
Avg 2.98 2.69
Low 2.98 2.69

EPS Growth

EPS Growth 20262027
High
7.2%
-9.7%
Avg
7.2%
-9.7%
Low
7.2%
-9.7%
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.