Alerus Financial (ALRS) analyst forecast and price target
Analyst forecast
Consensus of 5 analyst ratings
Based on 3 analyst targets
Recent analyst ratings
| Firm | Action | Rating | Price target | Date |
|---|---|---|---|---|
| Keefe, Bruyette & Woods | Maintained | Market Perform | $32.00 from $29.00 | Jul 31, 2026 |
| Piper Sandler | Maintained | Neutral | $37.00 from $32.00 | Jul 31, 2026 |
| Raymond James | Maintained | Outperform | $34.00 | Jul 9, 2026 |
| Piper Sandler | Maintained | Neutral | $32.00 from $28.50 | Jun 26, 2026 |
| Keefe, Bruyette & Woods | Maintained | Market Perform | $27.00 from $25.00 | May 1, 2026 |
| Piper Sandler | Maintained | Neutral | $28.50 from $28.00 | May 1, 2026 |
| DA Davidson | Maintained | Neutral | $29.00 from $26.00 | May 1, 2026 |
| Keefe, Bruyette & Woods | Maintained | Market Perform | $25.00 from $24.00 | Jan 30, 2026 |
| DA Davidson | Maintained | Neutral | $26.00 from $25.00 | Jan 30, 2026 |
| Hovde Group | Downgraded | Outperform → Market Perform | — | Jan 7, 2026 |
| Raymond James | Upgraded | Outperform → Strong Buy | $27.00 from $25.00 | Jan 5, 2026 |
| Piper Sandler | Maintained | Neutral | $24.00 from $25.50 | Nov 4, 2025 |
| Keefe, Bruyette & Woods | Maintained | Market Perform | $24.00 from $25.00 | Nov 3, 2025 |
| Piper Sandler | Maintained | Neutral | $25.50 from $24.00 | Jul 30, 2025 |
| Raymond James | Maintained | Outperform | $27.00 from $24.00 | Jul 29, 2025 |
| Keefe, Bruyette & Woods | Maintained | Market Perform | $25.00 from $22.00 | Jul 29, 2025 |
| DA Davidson | Maintained | Neutral | $25.00 from $20.00 | Jul 29, 2025 |
| Piper Sandler | Maintained | Neutral | $23.00 from $22.00 | May 2, 2025 |
| Keefe, Bruyette & Woods | Maintained | Market Perform | $22.00 from $21.00 | Apr 30, 2025 |
| Raymond James | Maintained | Outperform | $24.00 from $22.00 | Jan 30, 2025 |
Frequently asked questions
What is the price target for ALRS stock?
The average 12-month analyst price target for Alerus Financial (ALRS) is $34.33, with a high estimate of $37.00 and a low of $32.00, across 3 analysts.
Is ALRS a buy, sell, or hold?
Analysts covering Alerus Financial currently average a Hold rating: 1 buy, 4 hold and 0 sell, from 5 analysts. Ratings reflect analyst opinion, not investment advice.
What upside do analysts see for ALRS?
The average price target of $34.33 implies 4.36% upside from the last price of $32.90.
What is the latest analyst rating on ALRS?
On Jul 31, 2026, Keefe, Bruyette & Woods maintained Alerus Financial at Market Perform with a price target of $32.00.
Analyst ratings and price targets are the opinions of third-party research firms, not of Light Horse Securities. They are estimates about an uncertain future, are frequently wrong, and are neither a recommendation nor a prediction of actual results.
This page is for informational purposes only. Nothing on it is a recommendation, solicitation or offer to buy or sell any security, nor investment, legal or tax advice. Light Horse Securities Inc does not verify third-party data and is not responsible for its accuracy, completeness or timeliness.