Alerus Financial Corporation (ALRS)
NASDAQ: ALRS · Real-Time Price · USD
22.61
+0.28 (1.27%)
Sep 26, 2025, 4:00 PM EDT - Market closed
Alerus Financial Stock Forecast
Stock Price Forecast
According to 5 professional analysts, the 12-month price target for Alerus Financial stock ranges from a low of $24 to a high of $27. The average analyst price target of $25.3 forecasts a 11.88% increase in the stock price over the next year.
Price Target: $25.30 (+11.88%)
Analyst Consensus: Hold
* Price targets were last updated on Jul 30, 2025.
Analyst Ratings
The average analyst rating for Alerus Financial stock is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.
Recommendation Trends
| Rating | Apr '25 | May '25 | Jun '25 | Jul '25 | Aug '25 | Sep '25 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Buy | 2 | 2 | 2 | 2 | 2 | 2 |
| Hold | 3 | 3 | 3 | 3 | 3 | 3 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 5 | 5 | 5 | 5 | 5 | 5 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Piper Sandler | Piper Sandler | Hold Maintains $24 → $26 | Hold | Maintains | $24 → $26 | +12.76% | Jul 30, 2025 |
| DA Davidson | DA Davidson | Hold Maintains $20 → $25 | Hold | Maintains | $20 → $25 | +10.55% | Jul 29, 2025 |
| Raymond James | Raymond James | Buy Reiterates $24 → $27 | Buy | Reiterates | $24 → $27 | +19.40% | Jul 29, 2025 |
| Keefe, Bruyette & Woods | Keefe, Bruyette & Woods | Hold Maintains $22 → $25 | Hold | Maintains | $22 → $25 | +10.55% | Jul 29, 2025 |
| Piper Sandler | Piper Sandler | Hold Maintains $22 → $23 | Hold | Maintains | $22 → $23 | +1.71% | May 2, 2025 |
Financial Forecast
Revenue This Year
291.21M
from 203.83M
Increased by 42.87%
Revenue Next Year
299.29M
from 291.21M
Increased by 2.77%
EPS This Year
2.51
from 0.83
Increased by 202.01%
EPS Next Year
2.48
from 2.51
Decreased by -1.04%
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.
Revenue Forecast
| Revenue | 2025 | 2026 | 2027 |
|---|---|---|---|
| High | 302.1M | 312.1M | |
| Avg | 291.2M | 299.3M | |
| Low | 278.3M | 284.1M |
Revenue Growth
| Revenue Growth | 2025 | 2026 | 2027 |
|---|---|---|---|
| High | 48.2% | 7.2% | |
| Avg | 42.9% | 2.8% | |
| Low | 36.5% | -2.4% |
EPS Forecast
| EPS | 2025 | 2026 | 2027 |
|---|---|---|---|
| High | 2.60 | 2.68 | |
| Avg | 2.51 | 2.48 | |
| Low | 2.39 | 2.30 |
EPS Growth
| EPS Growth | 2025 | 2026 | 2027 |
|---|---|---|---|
| High | 213.7% | 6.8% | |
| Avg | 202.0% | -1.0% | |
| Low | 188.1% | -8.1% |
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.