Alerus Financial Corporation (ALRS)
NASDAQ: ALRS · Real-Time Price · USD
26.03
+0.09 (0.35%)
At close: Apr 28, 2026, 4:00 PM EDT
26.03
0.00 (0.00%)
After-hours: Apr 28, 2026, 4:10 PM EDT
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 a decrease of -2.42% from the current stock price of 26.03.
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 | Nov '25 | Dec '25 | Jan '26 | Feb '26 | Mar '26 | Apr '26 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 1 | 1 | 1 | 1 |
| Buy | 1 | 1 | 0 | 0 | 0 | 0 |
| Hold | 3 | 3 | 5 | 5 | 5 | 5 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 4 | 4 | 6 | 6 | 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 | -0.12% | Jan 30, 2026 |
| Keefe, Bruyette & Woods | Keefe, Bruyette & Woods | Hold Maintains $24 → $25 | Hold | Maintains | $24 → $25 | -3.96% | 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 | +3.73% | Jan 5, 2026 |
| Piper Sandler | Piper Sandler | Hold Maintains $26 → $24 | Hold | Maintains | $26 → $24 | -7.80% | Nov 4, 2025 |
Financial Forecast
Revenue This Year
309.82M
from 223.82M
Increased by 38.42%
Revenue Next Year
324.33M
from 309.82M
Increased by 4.68%
EPS This Year
2.63
from 0.68
Increased by 286.74%
EPS Next Year
2.79
from 2.63
Increased by 6.03%
Revenue Forecast
| Revenue | 2026 | 2027 |
|---|---|---|
| High | 324.0M | 337.4M |
| Avg | 309.8M | 324.3M |
| Low | 294.6M | 308.9M |
Revenue Growth
| Revenue Growth | 2026 | 2027 |
|---|---|---|
| High | 44.8% | 8.9% |
| Avg | 38.4% | 4.7% |
| Low | 31.6% | -0.3% |
EPS Forecast
| EPS | 2026 | 2027 |
|---|---|---|
| High | 2.79 | 2.94 |
| Avg | 2.63 | 2.79 |
| Low | 2.40 | 2.55 |
EPS Growth
| EPS Growth | 2026 | 2027 |
|---|---|---|
| High | 310.7% | 11.9% |
| Avg | 286.7% | 6.0% |
| Low | 253.1% | -3.0% |
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.