The latest price target for Alerus Financial (NASDAQ:ALRS) was reported by DA Davidson on May 1, 2026. The analyst firm set a price target for $29.00 expecting ALRS to rise to within 12 months (a possible 9.23% upside). 13 analyst firms have reported ratings in the last year.

The latest analyst rating for Alerus Financial (NASDAQ:ALRS) was provided by DA Davidson, and Alerus Financial maintained their neutral rating.

The last upgrade for Alerus Financial Corp happened on January 5, 2026 when Raymond James raised their price target to $27. Raymond James previously had an outperform for Alerus Financial Corp.

The last downgrade for Alerus Financial Corp happened on January 7, 2026 when Hovde Group changed their price target from N/A to N/A for Alerus Financial Corp.

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 May 1, 2026 so you should expect the next rating to be made available sometime around May 1, 2027.

While ratings are subjective and will change, the latest Alerus Financial (ALRS) rating was a maintained with a price target of $26.00 to $29.00. The current price Alerus Financial (ALRS) is trading at is $26.55, which is within the analyst’s predicted range.