Alta Equipment Group (ALTG) Stock Forecast, Price Target & Predictions


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ALTG Stock Forecast


Alta Equipment Group (ALTG) stock forecast, based on 5 Wall Street analysts, predicts a 12-month average price target of $8.25, with a high of $9.50 and a low of $7.00. This represents a 35.91% increase from the last price of $6.07.

$6 $7 $8 $9 $10 $11 $12 $13 High: $9.5 Avg: $8.25 Low: $7 Last Closed Price: $6.07

ALTG Stock Rating


Alta Equipment Group stock's rating consensus is Buy, based on 5 Wall Street analysts. The breakdown includes 0 Strong Buy (0.00%), 3 Buy (60.00%), 2 Hold (40.00%), 0 Sell (0.00%), and 0 Strong Sell (0.00%).

Buy
Total 5 0 2 3 Strong Sell Sell Hold Buy Strong Buy

ALTG Price Target Upside V Benchmarks


TypeNameUpside
StockAlta Equipment Group35.91%
SectorIndustrials Stocks 17.81%
IndustryRental & Leasing Service Stocks19.85%

Price Target Trends


1M3M12M
# Anlaysts222
Avg Price Target$8.25$8.25$8.25
Last Closing Price$6.07$6.07$6.07
Upside/Downside35.91%35.91%35.91%
Ratings Trends

DateStrong BuyBuyHoldSellStrong SellTotal
Mar, 26-22--4
Feb, 26-22--4
Jan, 26-22--4
Dec, 25-22--4
Nov, 25-22--4
Analyst Price Target Forecasts

DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Mar 09, 2026Steve HansenRaymond James$9.50$6.5145.93%56.51%
Mar 06, 2026Matt SummervilleD.A. Davidson$7.00$6.734.01%15.32%
Nov 14, 2024Frederic BastienRaymond James$9.00$7.3921.79%48.27%
May 21, 2024Matt SummervilleD.A. Davidson$20.00$9.35113.90%229.49%
Analyst Rating Forecasts

DateCompanyPrevious RatingNew RatingRating Change
Mar 09, 2026Raymond JamesMarket PerformOutperformupgrade
Nov 14, 2024Raymond JamesMarket PerformMarket Performhold
Aug 09, 2024Raymond JamesMarket Performdowngrade

Financial Forecast


EPS Forecast

Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27 Dec 28
Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27Dec 28
Reported$-0.74$0.20$0.18$-1.96$-2.55---
Avg Forecast$-0.39$0.31$0.38$-1.46$-0.72$0.11$0.21$0.71
High Forecast$-0.38$0.32$0.60$-1.43$-0.38$0.11$0.22$0.73
Low Forecast$-0.40$0.31$0.27$-1.50$-0.91$0.11$0.21$0.70
Surprise %89.74%-35.48%-52.63%34.25%254.17%---

Revenue Forecast

$1B $1B $2B $2B $2B $2B Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27 Dec 28
Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27Dec 28
Reported$1.21B$1.57B$1.88B$1.88B$1.84B---
Avg Forecast$1.16B$1.51B$1.84B$1.87B$1.91B$2.02B$2.02B$2.09B
High Forecast$1.17B$1.54B$1.85B$1.88B$1.93B$2.02B$2.02B$2.13B
Low Forecast$1.14B$1.50B$1.82B$1.86B$1.89B$2.02B$2.02B$2.06B
Surprise %4.91%3.94%2.06%0.61%-3.91%---

Net Income Forecast

$-100M $-70M $-40M $-10M $20M $50M Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27 Dec 28
Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27Dec 28
Reported$-20.80M$9.30M$8.90M$-62.10M$-80.30M---
Avg Forecast$-12.82M$10.19M$14.43M$-48.13M$-21.07M$3.64M$6.95M$23.34M
High Forecast$-12.55M$10.42M$19.84M$-46.89M$-12.38M$3.72M$7.10M$24.02M
Low Forecast$-13.07M$10.05M$9.02M$-49.37M$-29.75M$3.56M$6.79M$22.96M
Surprise %62.22%-8.75%-38.32%29.02%281.18%---

ALTG Forecast FAQ


Is Alta Equipment Group stock a buy?

Alta Equipment Group stock has a consensus rating of Buy, based on 5 Wall Street analysts. The rating breakdown includes 0 Strong Buy, 3 Buy, 2 Hold, 0 Sell, and 0 Strong Sell, reflecting a consensus that Alta Equipment Group is a favorable investment for most analysts.

What is Alta Equipment Group's price target?

Alta Equipment Group's price target, set by 5 Wall Street analysts, averages $8.25 over the next 12 months. The price target range spans from $7 at the low end to $9.5 at the high end, suggesting a potential 35.91% change from the previous closing price of $6.07.

How does Alta Equipment Group stock forecast compare to its benchmarks?

Alta Equipment Group's stock forecast shows a 35.91% upside, outperforming the average forecast for the industrials stocks sector (17.81%) and outperforming the rental & leasing service stocks industry (19.85%).

What is the breakdown of analyst ratings for Alta Equipment Group over the past three months?

  • March 2026: 0% Strong Buy, 50.00% Buy, 50.00% Hold, 0% Sell, 0% Strong Sell.
  • February 2026: 0% Strong Buy, 50.00% Buy, 50.00% Hold, 0% Sell, 0% Strong Sell.
  • January 2026: 0% Strong Buy, 50.00% Buy, 50.00% Hold, 0% Sell, 0% Strong Sell.

What is Alta Equipment Group’s EPS forecast?

Alta Equipment Group's average annual EPS forecast for its fiscal year ending in December 2026 is $0.11, marking a -104.31% decrease from the reported $-2.55 in 2025. Estimates for the following years are $0.21 in 2027, and $0.71 in 2028.

What is Alta Equipment Group’s revenue forecast?

Alta Equipment Group's average annual revenue forecast for its fiscal year ending in December 2026 is $2.02B, reflecting a 9.89% increase from the reported $1.84B in 2025. The forecast for 2027 is $2.02B, and $2.09B for 2028.

What is Alta Equipment Group’s net income forecast?

Alta Equipment Group's net income forecast for the fiscal year ending in December 2026 stands at $3.64M, representing a -104.53% decrease from the reported $-80.3M in 2025. Projections indicate $6.95M in 2027, and $23.34M in 2028.