Alerus Financial
ALRS

Alerus Financial (ALRS) analyst forecast and price target

Recent analyst ratings

FirmActionRatingPrice targetDate
Piper SandlerUpgradedNeutral → Overweight$38.00 from $37.00Oct 2, 2026
Keefe, Bruyette & WoodsMaintainedMarket Perform$32.00 from $29.00Jul 31, 2026
Piper SandlerMaintainedNeutral$37.00 from $32.00Jul 31, 2026
Raymond JamesMaintainedOutperform$34.00Jul 9, 2026
Piper SandlerMaintainedNeutral$32.00 from $28.50Jun 26, 2026
Keefe, Bruyette & WoodsMaintainedMarket Perform$27.00 from $25.00May 1, 2026
Piper SandlerMaintainedNeutral$28.50 from $28.00May 1, 2026
DA DavidsonMaintainedNeutral$29.00 from $26.00May 1, 2026
Keefe, Bruyette & WoodsMaintainedMarket Perform$25.00 from $24.00Jan 30, 2026
DA DavidsonMaintainedNeutral$26.00 from $25.00Jan 30, 2026
Hovde GroupDowngradedOutperform → Market Perform—Jan 7, 2026
Raymond JamesUpgradedOutperform → Strong Buy$27.00 from $25.00Jan 5, 2026
Piper SandlerMaintainedNeutral$24.00 from $25.50Nov 4, 2025
Keefe, Bruyette & WoodsMaintainedMarket Perform$24.00 from $25.00Nov 3, 2025
Piper SandlerMaintainedNeutral$25.50 from $24.00Jul 30, 2025
Raymond JamesMaintainedOutperform$27.00 from $24.00Jul 29, 2025
Keefe, Bruyette & WoodsMaintainedMarket Perform$25.00 from $22.00Jul 29, 2025
DA DavidsonMaintainedNeutral$25.00 from $20.00Jul 29, 2025
Piper SandlerMaintainedNeutral$23.00 from $22.00May 2, 2025
Keefe, Bruyette & WoodsMaintainedMarket Perform$22.00 from $21.00Apr 30, 2025

Frequently asked questions

  • What is the latest analyst rating on ALRS?

    On Oct 2, 2026, Piper Sandler upgraded Alerus Financial to Overweight with a price target of $38.00.

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.