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ALTG Stock Forecast 2026-2027
$6.38
Current Price
$207.58M
Market Cap
Buy 3
Hold 1
Sell 0
Wall St Analyst Ratings
Distance to ALTG Price Targets
+166.5%
To High Target of $17.00
+41.1%
To Median Target of $9.00
+25.4%
To Low Target of $8.00
ALTG Price Momentum
-3.6%
1 Week Change
-16.8%
1 Month Change
-14.1%
1 Year Change
+38.7%
Year-to-Date Change
-28.2%
From 52W High of $8.88
+53.5%
From 52W Low of $4.16
📊 TOP ANALYST CALLS
Did ALTG Make This Month's Elite Buy List?
We don't follow just any analyst — only the top 3% with a proven track record make our cut. See if Alta Equipment is one of their latest high-conviction picks.
Latest ALTG Stock Price Targets & Analyst Predictions
Based on our analysis of 2 Wall Street analysts, ALTG has a bullish consensus with a median price target of $9.00 (ranging from $8.00 to $17.00). The overall analyst rating is Strong Buy (8.5/10). Currently trading at $6.38, the median forecast implies a 41.1% upside. This outlook is supported by 3 Buy, 1 Hold, and 0 Sell ratings.
Conversely, the most conservative target is provided by Michael Shlisky at DA Davidson, suggesting a 25.4% upside.
Please note that analyst price targets are forward-looking estimates subject to substantial market, economic, and company-specific risks. Past performance does not guarantee future results, and actual stock performance may materially differ from these projections. Investors should conduct their own due diligence and consider their investment objectives and risk tolerance before making investment decisions.
ALTG Analyst Ratings
3
Buy
1
Hold
0
Sell
ALTG Price Target Range
Low
$8.00
Average
$9.00
High
$17.00
Current: $6.38
Latest ALTG Stock Forecasts by Analyst
These are the latest 20 analyst ratings and price targets for ALTG.
| Date | Firm | Analyst | Rating | Change | Price Target |
|---|---|---|---|---|---|
| Jun 24, 2026 | DA Davidson | Michael Shlisky | Neutral | Maintains | $8.00 |
| May 12, 2026 | DA Davidson | Neutral | Maintains | $N/A | |
| Nov 12, 2025 | DA Davidson | Neutral | Maintains | $N/A | |
| Aug 18, 2025 | DA Davidson | Neutral | Downgrade | $N/A | |
| Jul 8, 2025 | Northland Capital Markets | Outperform | Upgrade | $N/A | |
| May 19, 2025 | DA Davidson | Buy | Maintains | $N/A | |
| May 16, 2025 | Raymond James | Market Perform | Maintains | $N/A | |
| Mar 13, 2025 | DA Davidson | Buy | Maintains | $N/A | |
| Mar 10, 2025 | Raymond James | Market Perform | Maintains | $N/A | |
| Nov 14, 2024 | Raymond James | Market Perform | Maintains | $N/A | |
| Nov 13, 2024 | Northland Capital Markets | Market Perform | Downgrade | $N/A | |
| Aug 13, 2024 | DA Davidson | Buy | Maintains | $N/A | |
| Aug 9, 2024 | Raymond James | Market Perform | Downgrade | $N/A | |
| May 21, 2024 | DA Davidson | Buy | Maintains | $N/A | |
| Mar 15, 2024 | B. Riley Securities | Buy | Reiterates | $N/A | |
| Mar 15, 2024 | DA Davidson | Buy | Maintains | $N/A | |
| Mar 10, 2023 | Raymond James | Outperform | Maintains | $N/A | |
| Sep 23, 2022 | Northland Capital Markets | Outperform | Initiates | $N/A | |
| Nov 12, 2021 | B. Riley Securities | Buy | Maintains | $N/A | |
| Mar 12, 2021 | DA Davidson | Buy | Initiates | $N/A |
Alta Equipment Group Inc. (ALTG) Competitors
The following stocks are similar to Alta Equipment based on their market capitalization and industry sector. These similar stocks potentially provide investors with alternative investment opportunities within the same market segment.
ALTG
Alta Equipment
mkt cap
215.39M
Alta Equipment Group Inc. (ALTG) Financial Data
Alta Equipment Group Inc. has a market capitalization of $207.58M with a P/E ratio of 49.2x. The company generates $1.82B in trailing twelve-month revenue with a -4.3% profit margin.
Revenue growth is -3.0% quarter-over-quarter, while maintaining an operating margin of -1.4% and return on equity of -569.7%.
Valuation Metrics
Market Cap
$207.58M
Enterprise Value
$1.36B
P/E Ratio
49.2x
PEG Ratio
-10.7x
Price/Sales
0.1x
Growth & Margins
Revenue Growth (YoY)
-3.0%
Gross Margin
+26.6%
Operating Margin
-1.4%
Net Margin
-4.3%
EPS Growth
N/A
Financial Health
Cash/Price Ratio
+11.5%
Current Ratio
1.4x
Debt/Equity
-41.6x
ROE
-569.7%
ROA
+0.7%
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Alta Equipment Group Inc. (ALTG) Business Model
About Alta Equipment Group Inc.
What They Do
Provides industrial and construction equipment services.
Business Model
The company generates revenue through the sale and rental of industrial and construction equipment, as well as through parts and service support. By offering a diversified range of products, Alta Equipment Group caters to various sectors including industrial, construction, and manufacturing, enhancing customer loyalty and repeat business.
Additional Information
With a strong presence across the United States and strategically located branches, Alta Equipment Group is well-positioned to meet customer needs efficiently. The company's role in supporting infrastructure development and industrial growth highlights its importance in the market, and its commitment to customer-oriented strategies strengthens its competitive edge.
Company Information
Sector
Industrials
Industry
Rental & Leasing Services
Employees
2,900
CEO
Mr. Ryan Greenawalt
Country
United States
IPO Year
2019
Website
www.altg.comAlta Equipment Group Inc. (ALTG) Latest News & Analysis
Featured Analysis
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Zacks Investment Research
Is Alta Equipment Group (ALTG) Stock Outpacing Its Industrial Products Peers This Year?
Here is how Alta Equipment (ALTG) and Caterpillar (CAT) have performed compared to their sector so far this year.
Jul 13, 2026
By Zacks Equity Research
Tale of the Tape
Latest News
Quick Summary
Alta Equipment (ALTG) and Caterpillar (CAT) have shown performance metrics compared to their sector in 2023. Specific performance details were not provided in the excerpt.
Why It Matters
Comparative performance of Alta Equipment and Caterpillar against their sector provides insights into market trends, competitive positioning, and potential investment opportunities in the equipment industry.
Source: Zacks Investment Research
Market Sentiment:
Positive
Quick Summary
Alta Equipment Group Inc. (NYSE: ALTG) announced a quarterly dividend of $0.625 per Depositary Share on its Series A Preferred Stock, payable on July 31, 2026, to shareholders of record by July 15, 2026.
Why It Matters
Alta Equipment Group's dividend announcement signals financial stability and profitability, potentially attracting income-focused investors and influencing stock price positively.
Source: GlobeNewsWire
Market Sentiment:
Neutral
Alta Equipment Group Q1 Earnings Call Highlights
2 months ago
Quick Summary
Alta Equipment Group (NYSE: ALTG) reported lower Q1 revenue and adjusted EBITDA, citing harsh winter weather and prior quarter equipment purchases, but noted healthy underlying demand trends.
Why It Matters
Lower revenue and EBITDA may signal short-term challenges for Alta Equipment, but healthy underlying demand suggests potential for recovery, impacting investor sentiment and stock performance.
Source: MarketBeat
Market Sentiment:
Neutral
Quick Summary
Alta Equipment Group Inc. (ALTG) held its Q1 2026 earnings call, discussing financial performance and key business developments. Further details can be found in the full transcript.
Why It Matters
Alta Equipment's Q1 2026 earnings reveal financial performance, growth potential, and market position, influencing stock valuation and investor sentiment.
Source: Seeking Alpha
Market Sentiment:
Neutral
Quick Summary
In Q1, total revenues fell $12.5 million YoY to $410.5 million, with organic revenues down 2.1%. Material Handling revenues decreased to $150.5 million, and Construction Equipment and Master Distribution dropped to $261.4 million.
Why It Matters
Declining revenues signal potential operational issues and reduced demand, which can negatively impact profitability and stock performance, prompting investors to reassess the company's growth prospects.
Source: GlobeNewsWire
Market Sentiment:
Neutral
Quick Summary
Alta Equipment (ALTG) reported a quarterly loss of $0.62 per share, worse than the estimated loss of $0.59, but improved from a loss of $0.65 per share a year prior.
Why It Matters
The larger-than-expected quarterly loss signals ongoing financial struggles for Alta Equipment, potentially impacting stock performance and investor confidence.
Source: Zacks Investment Research
Market Sentiment:
Negative
Frequently Asked Questions About ALTG Stock
What is Alta Equipment Group Inc.'s (ALTG) stock forecast for 2027?
Based on our analysis of 2 Wall Street analysts, Alta Equipment Group Inc. (ALTG) has a median price target of $9.00. The highest price target is $17.00 and the lowest is $8.00.
Is ALTG stock a good investment in 2027?
According to current analyst ratings, ALTG has 3 Buy ratings, 1 Hold ratings, and 0 Sell ratings. The stock is currently trading at $6.38. Always conduct your own research and consider your investment goals before making investment decisions.
What is the long-term price prediction for ALTG stock?
Wall Street analysts predict ALTG stock could reach $9.00 in the next 12 months. This represents a 41.1% increase from the current price of $6.38. Please note that this is a projection by Wall Street analysts and not a guarantee.
What is Alta Equipment Group Inc.'s business model?
The company generates revenue through the sale and rental of industrial and construction equipment, as well as through parts and service support. By offering a diversified range of products, Alta Equipment Group caters to various sectors including industrial, construction, and manufacturing, enhancing customer loyalty and repeat business.
What is the highest forecasted price for ALTG Alta Equipment Group Inc.?
The highest price target for ALTG is $17.00 from at , which represents a 166.5% increase from the current price of $6.38.
What is the lowest forecasted price for ALTG Alta Equipment Group Inc.?
The lowest price target for ALTG is $8.00 from Michael Shlisky at DA Davidson, which represents a 25.4% increase from the current price of $6.38.
What is the overall ALTG consensus from analysts for Alta Equipment Group Inc.?
The overall analyst consensus for ALTG is bullish. Out of 2 Wall Street analysts, 3 rate it as Buy, 1 as Hold, and 0 as Sell, with a median price target of $9.00.
How accurate are ALTG stock price projections?
Stock price projections, including those for Alta Equipment Group Inc., are based on various factors including financial models, market conditions, and analyst forecasts. While these predictions provide valuable insights, they should be considered alongside your own research and risk tolerance.
Important Disclaimer
The information provided by Ticker Nerd is for educational and informational purposes only. It should not be considered financial or investment advice. Past performance is not indicative of future results. Always conduct your own research and consult with a qualified financial advisor before making any investment decisions. Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance.
Last updated: July 18, 2026 7:52 PM UTC