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Alerus Financial Analyst Ratings and Price Targets | NASDAQ:ALRS | Benzinga
Alerus Financial Corp has a consensus price target of $23.6 based on the ratings of 5 analysts. The high is $24 issued by Raymond James on January 30, 2025. The low is $23 issued by DA Davidson on January 30, 2025. The 3 most-recent analyst ratings were released by DA Davidson, Raymond James, and Piper Sandler on January 30, 2025, respectively. With an average price target of $23.67 between DA Davidson, Raymond James, and Piper Sandler, there's an implied 44.09% upside for Alerus Financial Corp from these most-recent analyst ratings.
Analyst Firms Making Recommendations1
DA Davidson
Raymond James
Piper Sandler
Keefe, Bruyette & Woods
Raymond James
1calculated from analyst ratings
Analyst Ratings for Alerus Financial
| Buy Now | Get Alert | |||||||
|---|---|---|---|---|---|---|---|---|
| 01/30/2025 | Buy Now | 40.03% | DA Davidson | Jeffrey Rulis40% | $23 → $23 | Maintains | Neutral | Get Alert |
| 01/30/2025 | Buy Now | 46.12% | Raymond James | David Long68% | $22 → $24 | Reiterates | Outperform → Outperform | Get Alert |
| 01/30/2025 | Buy Now | 46.12% | Piper Sandler | Nathan Race70% | $21 → $24 | Maintains | Neutral | Get Alert |
| 12/04/2024 | Buy Now | 40.03% | Keefe, Bruyette & Woods | Damon Delmonte49% | $22 → $23 | Maintains | Market Perform | Get Alert |
| 10/31/2024 | Buy Now | 40.03% | Piper Sandler | Nathan Race70% | $24 → $23 | Maintains | Neutral | Get Alert |
| 09/17/2024 | Buy Now | 46.12% | Raymond James | William Wallace61% | → $24 | Upgrade | Market Perform → Outperform | Get Alert |
| 08/01/2024 | Buy Now | 40.03% | DA Davidson | Jeffrey Rulis40% | $20 → $23 | Maintains | Neutral | Get Alert |
| 07/29/2024 | Buy Now | 40.03% | Keefe, Bruyette & Woods | Damon Delmonte49% | $22 → $23 | Maintains | Market Perform | Get Alert |
| 07/29/2024 | Buy Now | 46.12% | Piper Sandler | Nathan Race70% | $22.5 → $24 | Maintains | Neutral | Get Alert |
| 05/16/2024 | Buy Now | 36.99% | Piper Sandler | Nathan Race70% | $23.5 → $22.5 | Maintains | Neutral | Get Alert |
| 01/30/2024 | Buy Now | 46.12% | DA Davidson | Jeffrey Rulis40% | $23 → $24 | Maintains | Neutral | Get Alert |
| 12/20/2023 | Buy Now | 40.03% | Piper Sandler | Nathan Race70% | $20 → $23 | Maintains | Neutral | Get Alert |
| 10/30/2023 | Buy Now | 15.68% | Piper Sandler | Nathan Race70% | $20 → $19 | Maintains | Neutral | Get Alert |
| 07/31/2023 | Buy Now | 27.85% | DA Davidson | Jeffrey Rulis40% | $20 → $21 | Maintains | Neutral | Get Alert |
| 07/31/2023 | Buy Now | 30.9% | Piper Sandler | Nathan Race70% | $20 → $21.5 | Maintains | Neutral | Get Alert |
| 05/01/2023 | Buy Now | -2.59% | Piper Sandler | Nathan Race70% | $18 → $16 | Maintains | Neutral | Get Alert |
| 05/01/2023 | Buy Now | 3.5% | Keefe, Bruyette & Woods | Damon Delmonte49% | $18 → $17 | Maintains | Market Perform | Get Alert |
| 04/27/2023 | Buy Now | 9.59% | Piper Sandler | Nathan Race70% | $18 → $18 | Maintains | Neutral | Get Alert |
| 03/15/2023 | Buy Now | 9.59% | Piper Sandler | Nathan Race70% | $22 → $18 | Maintains | Neutral | Get Alert |
| 10/31/2022 | Buy Now | 52.21% | Piper Sandler | Nathan Race70% | $24 → $25 | Maintains | Neutral | Get Alert |
| 08/01/2022 | Buy Now | 70.47% | Piper Sandler | Nathan Race70% | $27 → $28 | Maintains | Neutral | Get Alert |
| 04/29/2022 | Buy Now | 73.52% | Piper Sandler | Nathan Race70% | $32 → $28.5 | Maintains | Neutral | Get Alert |
FAQ
What is the target price for Alerus Financial (ALRS) stock?
The latest price target for Alerus Financial (NASDAQ:ALRS) was reported by DA Davidson on January 30, 2025. The analyst firm set a price target for $23.00 expecting ALRS to rise to within 12 months (a possible 42.77% upside). 10 analyst firms have reported ratings in the last year.
What is the most recent analyst rating for Alerus Financial (ALRS)?
The latest analyst rating for Alerus Financial (NASDAQ:ALRS) was provided by DA Davidson, and Alerus Financial maintained their neutral rating.
When was the last upgrade for Alerus Financial (ALRS)?
The last upgrade for Alerus Financial Corp happened on September 17, 2024 when Raymond James raised their price target to $24. Raymond James previously had a market perform for Alerus Financial Corp.
When was the last downgrade for Alerus Financial (ALRS)?
There is no last downgrade for Alerus Financial.
When is the next analyst rating going to be posted or updated for Alerus Financial (ALRS)?
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Alerus Financial, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Alerus Financial was filed on January 30, 2025 so you should expect the next rating to be made available sometime around January 30, 2026.
Is the Analyst Rating Alerus Financial (ALRS) correct?
While ratings are subjective and will change, the latest Alerus Financial (ALRS) rating was a maintained with a price target of $23.00 to $23.00. The current price Alerus Financial (ALRS) is trading at is $16.11, which is out of the analyst’s predicted range.
Browse analyst ratings and price targets on all stocks.