Alerus Financial Corporation (ALRS)
NASDAQ: ALRS · Real-Time Price · USD
21.97
+0.46 (2.14%)
At close: Aug 13, 2025, 4:00 PM
21.96
-0.01 (-0.05%)
After-hours: Aug 13, 2025, 4:10 PM EDT

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 15.16% increase in the stock price over the next year.

Price Target: $25.30 (+15.16%)
Analyst Consensus: Hold
Target Low Average Median High
Price $24 $25.3 $25 $27
Change +9.24% +15.16% +13.79% +22.89%

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 Mar '25Apr '25May '25Jun '25Jul '25Aug '25
Strong Buy 000000
Buy 222222
Hold 333333
Sell 000000
Strong Sell 000000
Total 555555

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Piper Sandler
Piper Sandler
Hold
Maintains
$24$26
Hold Maintains $24$26 +16.07% Jul 30, 2025
DA Davidson
DA Davidson
Hold
Maintains
$20$25
Hold Maintains $20$25 +13.79% Jul 29, 2025
Raymond James
Raymond James
Buy
Reiterates
$24$27
Buy Reiterates $24$27 +22.89% Jul 29, 2025
Keefe, Bruyette & Woods
Keefe, Bruyette & Woods
Hold
Maintains
$22$25
Hold Maintains $22$25 +13.79% Jul 29, 2025
Piper Sandler
Piper Sandler
Hold
Maintains
$22$23
Hold Maintains $22$23 +4.69% May 2, 2025
More Analyst Ratings

Financial Forecast

Revenue This Year
287.00M
from 203.83M
Increased by 40.80%
Revenue Next Year
297.59M
from 287.00M
Increased by 3.69%
EPS This Year
2.22
from 0.83
Increased by 167.60%
EPS Next Year
2.42
from 2.22
Increased by 9.12%
Fiscal Year FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026
Period Ending Dec 31, 2020 Dec 31, 2021 Dec 31, 2022 Dec 31, 2023 Dec 31, 2024 Dec 31, 2025 Dec 31, 2026
Revenue
222.32M237.99M210.95M166.01M203.83M287.00M297.59M
Revenue Growth
22.53%7.05%-11.36%-21.30%22.78%40.80%3.69%
EPS
2.522.972.100.580.832.222.42
EPS Growth
31.94%17.86%-29.29%-72.38%43.10%167.60%9.12%
Forward PE
-----9.899.07
No. Analysts
-----77
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 20252026
High 297.6M 309.2M
Avg 287.0M 297.6M
Low 273.4M 284.5M

Revenue Growth

Revenue Growth 20252026
High
46.0%
7.7%
Avg
40.8%
3.7%
Low
34.1%
-0.9%

EPS Forecast

EPS 20252026
High 2.32 2.68
Avg 2.22 2.42
Low 2.08 2.21

EPS Growth

EPS Growth 20252026
High
179.6%
20.6%
Avg
167.6%
9.1%
Low
150.3%
-0.7%
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.