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$21.06
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$21.06
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Alerus Financial Analyst Ratings and Price Targets | NASDAQ:ALRS | Benzinga
Alerus Financial Corp has a consensus price target of $23.2 based on the ratings of 5 analysts. The high is $24 issued by Raymond James on January 30, 2025. The low is $22 issued by Keefe, Bruyette & Woods on April 30, 2025. The 3 most-recent analyst ratings were released by Piper Sandler, Keefe, Bruyette & Woods, and DA Davidson on May 2, 2025, April 30, 2025, and January 30, 2025, respectively. With an average price target of $22.67 between Piper Sandler, Keefe, Bruyette & Woods, and DA Davidson, there's an implied 7.63% upside for Alerus Financial Corp from these most-recent analyst ratings.
Analyst Firms Making Recommendations1
Piper Sandler
Keefe, Bruyette & Woods
DA Davidson
Raymond James
Raymond James
1calculated from analyst ratings
Analyst Ratings for Alerus Financial
| Buy Now | Get Alert | |||||||
|---|---|---|---|---|---|---|---|---|
| 05/02/2025 | Buy Now | 9.21% | Piper Sandler | Nathan Race73% | $22 → $23 | Maintains | Neutral | Get Alert |
| 04/30/2025 | Buy Now | 4.46% | Keefe, Bruyette & Woods | Damon Delmonte49% | $21 → $22 | Maintains | Market Perform | Get Alert |
| 01/30/2025 | Buy Now | 9.21% | DA Davidson | Jeffrey Rulis47% | $23 → $23 | Maintains | Neutral | Get Alert |
| 01/30/2025 | Buy Now | 13.96% | Raymond James | David Long67% | $22 → $24 | Reiterates | Outperform → Outperform | Get Alert |
| 01/30/2025 | Buy Now | 13.96% | Piper Sandler | Nathan Race73% | $21 → $24 | Maintains | Neutral | Get Alert |
| 01/14/2025 | Buy Now | 4.46% | Raymond James | David Long67% | → $22 | Assumes | → Outperform | Get Alert |
| 12/04/2024 | Buy Now | 9.21% | Keefe, Bruyette & Woods | Damon Delmonte49% | $22 → $23 | Maintains | Market Perform | Get Alert |
| 10/31/2024 | Buy Now | 9.21% | Piper Sandler | Nathan Race73% | $24 → $23 | Maintains | Neutral | Get Alert |
| 09/17/2024 | Buy Now | 13.96% | Raymond James | William Wallace59% | → $24 | Upgrade | Market Perform → Outperform | Get Alert |
| 08/01/2024 | Buy Now | 9.21% | DA Davidson | Jeffrey Rulis47% | $20 → $23 | Maintains | Neutral | Get Alert |
| 07/29/2024 | Buy Now | 9.21% | Keefe, Bruyette & Woods | Damon Delmonte49% | $22 → $23 | Maintains | Market Perform | Get Alert |
| 07/29/2024 | Buy Now | 13.96% | Piper Sandler | Nathan Race73% | $22.5 → $24 | Maintains | Neutral | Get Alert |
| 05/16/2024 | Buy Now | 6.84% | Piper Sandler | Nathan Race73% | $23.5 → $22.5 | Maintains | Neutral | Get Alert |
| 01/30/2024 | Buy Now | 13.96% | DA Davidson | Jeffrey Rulis47% | $23 → $24 | Maintains | Neutral | Get Alert |
| 12/20/2023 | Buy Now | 9.21% | Piper Sandler | Nathan Race73% | $20 → $23 | Maintains | Neutral | Get Alert |
| 10/30/2023 | Buy Now | -9.78% | Piper Sandler | Nathan Race73% | $20 → $19 | Maintains | Neutral | Get Alert |
| 07/31/2023 | Buy Now | -0.28% | DA Davidson | Jeffrey Rulis47% | $20 → $21 | Maintains | Neutral | Get Alert |
| 07/31/2023 | Buy Now | 2.09% | Piper Sandler | Nathan Race73% | $20 → $21.5 | Maintains | Neutral | Get Alert |
| 05/01/2023 | Buy Now | -24.03% | Piper Sandler | Nathan Race73% | $18 → $16 | Maintains | Neutral | Get Alert |
| 05/01/2023 | Buy Now | -19.28% | Keefe, Bruyette & Woods | Damon Delmonte49% | $18 → $17 | Maintains | Market Perform | Get Alert |
| 04/27/2023 | Buy Now | -14.53% | Piper Sandler | Nathan Race73% | $18 → $18 | Maintains | Neutral | Get Alert |
| 03/15/2023 | Buy Now | -14.53% | Piper Sandler | Nathan Race73% | $22 → $18 | Maintains | Neutral | Get Alert |
| 10/31/2022 | Buy Now | 18.71% | Piper Sandler | Nathan Race73% | $24 → $25 | Maintains | Neutral | Get Alert |
| 08/01/2022 | Buy Now | 32.95% | Piper Sandler | Nathan Race73% | $27 → $28 | 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 Piper Sandler on May 2, 2025. The analyst firm set a price target for $23.00 expecting ALRS to rise to within 12 months (a possible 9.21% upside). 12 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 Piper Sandler, 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 May 2, 2025 so you should expect the next rating to be made available sometime around May 2, 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 $22.00 to $23.00. The current price Alerus Financial (ALRS) is trading at is $21.06, which is out of the analyst’s predicted range.
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