What is the price target for ALE stock?
6 analysts have analysed ALE and the average price target is 70.67 USD. This implies a price increase of 4.08% is expected in the next year compared to the current price of 67.9.
NYSE:ALE • US0185223007
View the latest analyst price targets, stock forecast, EPS estimates, revenue projections, revisions, full estimates, rating distribution and upgrades/downgrades for Allete Inc (ALE).
| Date | Firm | Action | From → To |
|---|---|---|---|
| 2024-05-16 | Mizuho | Maintains | Neutral -> Neutral |
| 2024-02-21 | Wells Fargo | Maintains | Equal-Weight -> Equal-Weight |
| 2024-01-22 | Guggenheim | Upgrade | Sell -> Neutral |
| 2024-01-10 | Sidoti & Co. | Downgrade | Buy -> Neutral |
| 2023-07-21 | Mizuho | Maintains | Neutral -> Neutral |
| 2023-07-07 | Guggenheim | Maintains | Sell -> Sell |
| 2023-06-27 | B of A Securities | Downgrade | Neutral -> Underperform |
| 2023-05-05 | B of A Securities | Downgrade | Buy -> Neutral |
| 2023-04-06 | Sidoti & Co. | Upgrade | Neutral -> Buy |
| 2023-01-30 | Wells Fargo | Maintains | Equal-Weight |
| 2023-01-24 | Mizuho | Maintains | Neutral |
| 2023-01-23 | Guggenheim | Downgrade | Neutral -> Sell |
| 2022-12-14 | Wells Fargo | Maintains | Equal-Weight |
| 2022-12-09 | Mizuho | Maintains | Neutral |
| 2022-11-17 | JP Morgan | Upgrade | Underweight -> Neutral |
| 2022-11-14 | B of A Securities | Upgrade | Neutral -> Buy |
| 2022-10-19 | Wells Fargo | Maintains | Equal-Weight |
| 2022-10-03 | Mizuho | Maintains | Neutral |
| 2022-09-16 | Mizuho | Maintains | Neutral |
| 2022-05-25 | B of A Securities | Initiate | Neutral |
| 2022-03-02 | Mizuho | Maintains | Neutral |
| 2021-04-28 | Wells Fargo | Maintains | Equal-Weight |
| 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | ||
|---|---|---|---|---|---|---|---|---|---|
| Revenue YoY % growth | 1.571B 10.68% | 1.88B 19.68% | 1.53B -18.62% | 1.564B 2.24% | 1.652B 5.63% | 1.777B 7.57% | 1.936B 8.95% | 2.04B 5.37% | |
| EBITDA YoY % growth | 387.2M -1.43% | 439.7M 13.56% | 438.3M -0.32% | 477.73M 9.00% | 553.48M 15.86% | 665.59M 20.26% | 812.04M 22.00% | 902.94M 11.19% | |
| EBIT YoY % growth | 136.9M -9.52% | 180.9M 32.14% | 160.1M -11.50% | 188.87M 17.97% | 239.37M 26.74% | 311.08M 29.96% | 416.12M 33.77% | 472.68M 13.59% | |
| Operating Margin | 8.72% | 9.62% | 10.47% | 12.08% | 14.49% | 17.51% | 21.49% | 23.17% | |
| EPS YoY % growth | 3.48 7.74% | 4.30 23.56% | 3.10 -27.91% | 3.69 18.92% | 4.03 9.32% | 4.73 17.29% | 5.27 11.54% | 5.45 3.45% |
All data in USD
| Q4 / 25 | Q1 / 26 | Q2 / 26 | Q3 / 26 | Q4 / 26 | |
|---|---|---|---|---|---|
| EPS Q2Q % growth | 1.08 24.22% | 1.04 7.25% | 0.88 59.76% | 1.00 117.37% | 1.20 11.21% |
| Revenue Q2Q % growth | 504.8M 38.38% | N/A | N/A | N/A | N/A |
| EBITDA Q2Q % growth | N/A | N/A | N/A | N/A | N/A |
| EBIT Q2Q % growth | N/A | N/A | N/A | N/A | N/A |
All data in USD
6 analysts have analysed ALE and the average price target is 70.67 USD. This implies a price increase of 4.08% is expected in the next year compared to the current price of 67.9.
Allete Inc (ALE) will report earnings on 2026-02-11, after the market close.
The consensus EPS estimate for the next earnings of Allete Inc (ALE) is 1.08 USD and the consensus revenue estimate is 504.80M USD.
The number of analysts covering Allete Inc (ALE) is 6.