Alerus Financial Corporation (ALRS) Stock Forecast

NASDAQ: ALRSAnalyst ratings, price target and estimates.

ALRS analyst forecast

as of October 18, 2026
Analyst consensus
Hold
3.40 / 5 from 5 analysts
Price target
$35.20
average of analyst targets
Upside to target
+12.3%
from the latest close
Next earnings
October 28, 2026
EPS estimate $0.67
52-week range
$20.93 – $34.12

ALRS analyst ratings

5 analysts
Strong buy
00%
Buy
240%
Hold
360%
Sell
00%
Strong sell
00%

Number of analysts at each rating.

ALRS price target

Price $31.34Target $35.20
52-week low $20.9352-week high $34.12

The average of analyst 12-month price targets compared with the latest close and the 52-week range.

ALRS earnings per share estimates

Alerus Financial Corporation EPS estimates
PeriodAverageLowHighYear agoGrowthAnalysts
Current quarter (Sep '26)$0.66$0.64$0.68$0.660.0%5
Current fiscal year (2026)$3.02$2.95$3.06$2.78+8.5%5
Next fiscal year (2027)$2.81$2.69$2.90$3.02−6.8%5

Consensus EPS estimates; growth compares the average estimate with the year-ago EPS.

ALRS revenue estimates

Alerus Financial Corporation revenue estimates
PeriodAverageLowHighGrowthAnalysts
Current quarter (Sep '26)$76.7M$75.1M$77.3M+4.8%5
Current fiscal year (2026)$311.1M$307.3M$312.9M+5.9%5
Next fiscal year (2027)$319.1M$312.3M$322.8M+2.6%5

ALRS EPS: reported and forecast

Reported EPSEstimate (average; low–high)

Fiscal years; "E" marks estimates, the line shows the range from the lowest to the highest estimate.

ALRS revenue: reported and forecast

Reported revenueEstimate (average; low–high)

ALRS EPS estimate revisions

Alerus Financial Corporation EPS estimate revisions
Period90 days ago60 days ago30 days ago7 days agoNowChange (90 d)Revisions (30 d)
Current quarter (Sep '26)$0.67$0.66$0.66$0.66$0.66−1.5%0 up · 0 down
Current fiscal year (2026)$3.04$3.02$3.02$3.02$3.02−0.6%0 up · 1 down
Next fiscal year (2027)$2.77$2.82$2.82$2.82$2.81+1.6%0 up · 0 down

How the consensus EPS estimate changed over the last 90 days, and how many analysts raised or lowered it in the last 30 days.

ALRS earnings surprises

Reported EPSEstimate

Reported EPS vs the consensus estimate for the last 12 quarters; ALRS beat in 9 of 12.

What analysts expect from ALRS

5 analysts cover Alerus Financial; their consensus rating is hold (3.40 on a 1–5 scale, where 5 is a strong buy). The average price target is $35.20, 12.3% above the latest close of $31.34. Analysts expect earnings of $3.02 per share for 2026, +8.5% from a year earlier. For 2027 the average estimate is $2.81 per share on revenue of $319.1 million. Alerus Financial beat the EPS estimate in 9 of the last 12 quarters.

Related: ALRS income statement, ALRS key metrics, ALRS chart. See the ALRS stock overview for the latest quote and news.

ALRS forecast FAQ

What is Alerus Financial's price target?

The average analyst price target for Alerus Financial is $35.20, 12.3% above the latest close of $31.34.

Is Alerus Financial a buy, hold or sell?

Of 5 analysts covering Alerus Financial, 0 rate it a strong buy, 2 a buy, 3 a hold, 0 a sell and 0 a strong sell, a consensus of hold. Ratings are opinions, not a recommendation from Quotelinks.

What is Alerus Financial's EPS forecast?

Analysts forecast $3.02 per share for 2026 (range $2.95 to $3.06); for 2027 the estimate is $2.81.

What is Alerus Financial's revenue forecast?

The average revenue estimate for 2026 is $311.1 million, growth of 5.9%; for 2027 it is $319.1 million.

When does Alerus Financial report earnings?

Alerus Financial is expected to report results for the quarter ending September 30, 2026 on October 28, 2026 after the market closes; the EPS estimate is $0.67.

Does Alerus Financial usually beat earnings estimates?

Alerus Financial reported EPS at or above the analyst estimate in 9 of the last 12 quarters.

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