ALTGALTGIndustrials · Industrial Distribution

ALTG Stock Forecast: Alta Equipment Group, Inc. Price Predictions for 2026-2027

Last close, 11 Nov 2026
$5.49
+10.36% on the day

The 4 Wall Street analysts covering Alta Equipment Group, Inc. hold a median 12-month price target of $9 — +64.1% from the last close. Ticker Nerd's systematic factor model, run across ~4,600 US stocks, ranks it 69 of 100 as at 11 Nov 2026 — in the upper half.

Market cap
$162.4M
Ticker Nerd rank
69/ 100
Median analyst target
$9.00
Analysts covering
4
Revenue$475.5M−1.2% y/y
Operating income$12.0M
Net income−$7.5M
Free cash flow−$400K
Quarterly, 8 quarters to 30 June 2026 · latest quarter's figure shown
Total return, dividends reinvested
1W
−20.4%
1M
−13.5%
YTD
+19.2%
1Y
+13.8%
From 52W high
−33.9%
From 52W low
+30.9%
$4.19
$8.30
52-week range, adjusted closes · the dot is the last close
Ticker Nerd rank

ALTG stock analysis: one number for the whole business

Consensus tells you what everyone already believes. The model scores Alta Equipment Group, Inc. on its factor families — the same systematic rank behind the Ticker Nerd portfolio.

Where the model ranks itAs at 11 Nov 2026
69/ 100

Percentile across ~4,600 US stocks on Ticker Nerd’s systematic factor model. Higher is better. How the model is built and tested

Accruals
97
Issuance
84
Size
67
Value
64
Growth
63
Momentum
54
Quality
53
Revisions
26
Volatility
22

Accruals (97): Reported profit is backed by cash, and the company is not expanding recklessly.

Volatility (22): The share price moves around a lot.

Built and run by Aslam Ghouse, an ex-Goldman Sachs systematic trader with 15+ years in markets.

Wall Street

ALTG stock forecast 2026-2027: analyst price targets & predictions

The bullish and bearish analyst opinions on ALTG, reported as data — targets and ratings, the market's view beside the model's.

Share price and the analyst range, 12 monthsAdjusted close, US dollars
$4.00$6.00$8.00$10.00$12.00Jan 26Apr 26Jul 26Oct 26ALTGHigh $12.00Median $9.00Low $8.00

Price targets and ratings are third-party analyst estimates, reported here as data. They are not Ticker Nerd forecasts, and they are frequently wrong.

Data provided by Twelve Data

What Wall Street says4 analysts
3 Buy1 Hold0 Sell
Low $8.00Median $9.00High $12.00

The green dot is the last close — the median target sits +64.1% from it.

Recent analyst actionsNewest first
DateFirmActionRatingTarget
24 June 2026DA DavidsonMaintainsNeutral$8.00
24 June 2026DA DavidsonMaintainsNeutral—
12 May 2026DA DavidsonMaintainsNeutral—
12 Nov 2025DA DavidsonMaintainsNeutral—
18 Aug 2025DA DavidsonDowngradeNeutral—
8 July 2025Northland Capital MarketsUpgradeOutperform—
19 May 2025DA DavidsonMaintainsBuy—
16 May 2025Raymond JamesMaintainsMarket Perform—
13 Mar 2025DA DavidsonMaintainsBuy—
10 Mar 2025Raymond JamesMaintainsMarket Perform—
14 Nov 2024Raymond JamesMaintainsMarket Perform—
13 Nov 2024Northland Capital MarketsDowngradeMarket Perform—
13 Aug 2024DA DavidsonMaintainsBuy—
9 Aug 2024Raymond JamesDowngradeMarket Perform—
21 May 2024DA DavidsonMaintainsBuy—
15 Mar 2024B. Riley SecuritiesReiteratesBuy—
15 Mar 2024DA DavidsonMaintainsBuy—
10 Mar 2023Raymond JamesMaintainsOutperform—
23 Sept 2022Northland Capital MarketsInitiatesOutperform—
12 Nov 2021B. Riley SecuritiesMaintainsBuy—

Price targets and ratings are third-party analyst estimates, reported here as data. They are not Ticker Nerd forecasts, and they are frequently wrong.

Market Radar

This page is one stock. Monday covers all of them.

ALTG appears in the Radar on the weeks it earns a place.

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Performance

ALTG vs the S&P 500

Both lines are total return — dividends reinvested — so the comparison is honest on both sides.

Over the twelve months to 11 Nov 2026, Alta Equipment Group, Inc. returned +13.8% against +12.4% for the S&P 500, dividends included.

ALTG vs S&P 500, last 12 monthsTotal return, rebased to 100
80100120140160180Jan 26Apr 26Jul 26Oct 26ALTGS&P 500

Download this chart as an image — free to reuse; link this page as the source.

Data provided by Twelve Data

Estimates

ALTG analyst estimate revisions

Not the forecast itself — the direction analysts are revising it. Revision direction is one of the model's factor families.

Which way the estimates are movingThis fiscal year
Analysts raising
0
Analysts cutting
1
Fundamentals

Alta Equipment Group, Inc. (ALTG) financial data

A margin means little on its own. Each bar marks where the figure sits across the whole US universe we score.

Valuation
Trailing P/E
49.2×

Cheaper than 14% of US stocks

Price / sales
0.1×

Cheaper than 95% of US stocks

Price / book
−4.8×

Cheaper than 97% of US stocks

EV / EBITDA
28.1×

Cheaper than 9% of US stocks

Growth & margins
Revenue growth (YoY)
−1.2%

Higher than 26% of US stocks

Earnings growth (YoY)
—
Gross margin
26.1%

Higher than 29% of US stocks

Operating margin
1.0%

Higher than 47% of US stocks

Net margin
−2.8%

Higher than 26% of US stocks

Returns & dividend
Return on equity
946.6%

Higher than 99% of US stocks

Return on assets
0.9%

Higher than 48% of US stocks

Dividend yield
4.3%

Higher than 92% of US dividend payers

Bars mark the percentile across the ~4,600 US stocks Ticker Nerd covers, among those reporting the figure.

Key statistics

Alta Equipment Group, Inc. (ALTG) statistics: revenue, profit & scale

The headline figures, each with its date. Every row carries its own link — cite it straight from here.

  • Alta Equipment Group, Inc. has a market value of $162.4M and an enterprise value of $1.3B.

  • Revenue in the twelve months to 30 June 2026: $1.8B. The latest quarter shrank 1.2% year on year.

  • Net income over the same four quarters: −$80.3M, a −4.4% net margin.

  • Free cash flow in the twelve months to 30 June 2026: $24.1M, after $38.4M of capital spending.

  • Alta Equipment Group, Inc. spent $3.0M on dividends in the twelve months to 30 June 2026.

  • Shares outstanding: 32.6M.

  • Trailing P/E: 49.2×; forward P/E: −12.0× — the forward figure prices analyst consensus estimates, not reported earnings.

  • Forward dividend yield: 4.33%, paying out 127% of earnings.

  • Alta Equipment Group, Inc. employs 2,750 people — $661K of revenue per employee.

Statement figures: company filings via Twelve Data, four quarters to 30 June 2026 · market figures as at 11 Nov 2026

Data provided by Twelve Data

Peers

ALTG vs competitors

The nearest names by industry and size, scored by the same model — like for like.

Its peer group, ranked by the same modelIndustrial Distribution
CompanyMarket capTKN rank
ALTGAlta Equipment Group, Inc.$162.4M69
EVIEVI Industries, Inc.$297.6M77
BXCBlueLinx Holdings, Inc.$498.2M55
TITNTitan Machinery, Inc.$567.0M79
WATRAir Water Ventures Ltd.$49.0M17
WXMWF International Ltd. (China)$20.0M8
DSGRDistribution Solutions Group, Inc.$1.6B60

Look up any of the roughly 4,600 stocks we score.

The rank is the raw material. Whether the rules would actually own Alta Equipment Group, Inc. — and when they’d sell — is the membership. See the Ticker Nerd 20 →

News

Latest ALTG news & analysis

What Alta Equipment Group (ALTG) Said on Its Q3 Earnings Call

MarketBeat · 10 Nov 2026neutral

Alta Equipment Group reported higher adjusted third-quarter earnings despite slightly lower revenue, as improved equipment, service and rental margins offset lower sales. It revised its full-year outlook, citing the timing of material handling equipment deliveries.

Why it matters — ALTG watchers may note the contrast between stronger adjusted earnings and softer revenue, alongside the outlook revision tied to delivery timing.

Alta Equipment Group Inc. (ALTG) Q3 2026 Earnings Call Transcript

Seeking Alpha · 10 Nov 2026neutral

Alta Equipment Group held its Q3 2026 earnings call on November 10, 2026. The excerpt identifies company executives and conference call participants but provides no discussion of results or business developments.

Why it matters — The transcript is a source for ALTG watchers, but the provided excerpt contains no substantive performance details to assess.

Alta Equipment (ALTG) Reports Q3 Loss, Misses Revenue Estimates

Zacks Investment Research · 10 Nov 2026negative

Alta Equipment reported a third-quarter loss of $0.37 per share, compared with the Zacks consensus estimate of a $0.22 loss. The loss was narrower than the $1.31 per share loss reported a year earlier.

Why it matters — ALTG watchers may note that the reported quarterly loss exceeded the consensus loss estimate, while improving from a year ago.

Alta Equipment (ALTG) Q3 Earnings: Taking a Look at Key Metrics Versus Estimates

Zacks Investment Research · 10 Nov 2026neutral

Zacks Investment Research highlights a review of Alta Equipment’s key Q3 metrics for the quarter ended September 2026, comparing them with Wall Street estimates and year-ago values. The excerpt does not provide the results of those comparisons.

Why it matters — ALTG watchers may find the metric comparisons useful for assessing quarterly performance, though this excerpt does not state how the metrics compared.

Alta Equipment Group Announces Third Quarter 2026 Financial Results

GlobeNewsWire · 9 Nov 2026neutral

Alta Equipment Group reported third-quarter 2026 revenue of $417.4 million, down $5.2 million year over year, and a net loss available to common stockholders of $12.2 million. Adjusted EBITDA rose $3.2 million to $44.9 million, while Material Handling bookings increased 67% and Construction Equipment revenue rose $12.2 million.

Why it matters — The results show lower overall revenue and a quarterly net loss alongside growth in adjusted EBITDA, bookings, and Construction Equipment revenue.

FAQ

Frequently asked questions about ALTG stock

What is the ALTG stock price forecast for 2026-2027?

The 4 Wall Street analysts covering Alta Equipment Group, Inc. have a median 12-month price target of $9, with estimates ranging from $8 to $12. These are third-party analyst estimates, not Ticker Nerd forecasts, and they are frequently wrong.

Is ALTG stock a buy right now?

Of the 4 analysts covering Alta Equipment Group, Inc., 3 rate it a Buy, 1 a Hold and 0 a Sell. Ticker Nerd's systematic factor model ranks Alta Equipment Group, Inc. 69 out of 100 across roughly 4,600 US stocks as at 11 Nov 2026. None of this is personal advice — it does not consider your circumstances.

How does Ticker Nerd's model rank ALTG?

As at 11 Nov 2026, Alta Equipment Group, Inc. ranks 69 out of 100 on Ticker Nerd's systematic factor model — a percentile across roughly 4,600 US stocks, built from its factor families. Its strongest factor family is Accruals (97 of 100).

Will ALTG stock go up?

No one can know that. What the data says: the median 12-month target from 4 analysts implies +64.1% from the last close, and Ticker Nerd's factor model ranks Alta Equipment Group, Inc. 69 out of 100 as at 11 Nov 2026. Analyst targets are third-party estimates and frequently wrong; none of this is personal advice.

What is the ALTG stock forecast for 2030?

No analyst covering Alta Equipment Group, Inc. publishes a 2030 price target — Wall Street targets run 12 to 18 months out. Sites quoting a 2030 price for ALTG are extrapolating price history, which says nothing about the business. The furthest attributed numbers are the current analyst targets: $8 to $12 over the next 12 months.

How has ALTG stock performed over the past year?

Alta Equipment Group, Inc. returned +13.8% over the 12 months to 11 Nov 2026, with dividends reinvested. Past performance does not indicate future returns.

What does Alta Equipment Group, Inc. do?

Alta Equipment Group Inc. is an industrial equipment dealership and service company that provides sales, rentals, parts, and maintenance support for material handling, construction, and environmental processing equipment.

What is the latest news on ALTG?

The most recent item we track (MarketBeat, 10 Nov 2026): "What Alta Equipment Group (ALTG) Said on Its Q3 Earnings Call". Alta Equipment Group reported higher adjusted third-quarter earnings despite slightly lower revenue, as improved equipment, service and rental margins offset lower sales. It revised its full-year outlook, citing the timing of material handling equipment deliveries.

Company

About Alta Equipment Group, Inc.

Alta Equipment Group Inc. is an industrial equipment dealership and service company that provides sales, rentals, parts, and maintenance support for material handling, construction, and environmental processing equipment. Alta Equipment Group Inc. serves customers across manufacturing, warehousing, logistics, construction, infrastructure, and industrial operations through a broad branch network in the United States and Canada. Its offerings include lift trucks, aerial work platforms, earthmoving equipment, cranes, paving and asphalt machinery, and related attachments and support services. The company also operates a master distribution business that extends equipment access and dealer support across North America, making it an important provider of equipment solutions for businesses that rely on specialized machinery and ongoing service support.

CEO Mr. Ryan Greenawalt · 2,750 employees · United States · https://www.altg.com