ALTGALTGIndustrials · Rental & Leasing Services

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

Last close, 24 Aug 2026
$6.36
−2.15% on the day

The 4 Wall Street analysts covering Alta Equipment Group, Inc. hold a median 12-month price target of $10 — +57.2% from the last close. Ticker Nerd's systematic factor model, run across ~4,600 US stocks, ranks it 56 of 100 as at 22 Aug 2026 — in the upper half.

Market cap
$212.3M
Ticker Nerd rank
56 / 100
Median analyst target
$10
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
−9.4%
1M
−1.2%
YTD
+38.3%
1Y
−20.7%
From 52W high
−25.8%
From 52W low
+51.8%
$4.19
$8.57
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 22 Aug 2026
56 / 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
94
Issuance
75
Size
68
Value
56
Quality
46
Growth
41
Momentum
41
Revisions
37
Volatility
20

Accruals (94): Reported profit is backed by cash, and the company is not expanding recklessly.

Volatility (20): The share price moves around a lot.

Built and run by Aslam Ghouse, an ex-Goldman Sachs quant trader with fourteen 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
$5.00$10.00$15.00Oct 25Jan 26Apr 26Jul 26ALTGHigh $17Median $10Low $8

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 $8Median $10High $17

The green dot is the last close — the median target sits +57.2% 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.

Computed off the Friday close and sent before the US open.

Market Radar reports the week’s largest rank changes across roughly 4,600 US stocks, the factor behind each one, and where the market went. ALTG appears on the weeks it earns a place.

Free, every Monday. Unsubscribe any time.

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 24 Aug 2026, Alta Equipment Group, Inc. returned −20.7% against +19.6% for the S&P 500, dividends included.

ALTG vs S&P 500, last 12 monthsTotal return, rebased to 100
406080100120Oct 25Jan 26Apr 26Jul 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 movingNext 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 15% of US stocks

Price / sales
0.1×

Cheaper than 96% of US stocks

Price / book
−5.9×

Cheaper than 97% of US stocks

EV / EBITDA
31.2×

Cheaper than 9% of US stocks

Growth & margins
Revenue growth (YoY)
−1.2%

Higher than 25% of US stocks

Earnings growth (YoY)
Gross margin
26.1%

Higher than 30% of US stocks

Operating margin
2.5%

Higher than 49% of US stocks

Net margin
−4.4%

Higher than 24% of US stocks

Returns & dividend
Return on equity
−2085.7%

Higher than 1% of US stocks

Return on assets
0.7%

Higher than 47% of US stocks

Dividend yield
3.5%

Higher than 71% 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 $212.3M and an enterprise value of $1.4B.

  • 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: −10.2× — the forward figure prices analyst consensus estimates, not reported earnings.

  • Forward dividend yield: 3.51%, paying out 0% 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 25 Aug 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 modelRental & Leasing Services
CompanyMarket capTKN rank
ALTGAlta Equipment Group, Inc.$212.3M
56
HTZHertz Global Holdings, Inc.$793.8M
26
WLFCWillis Lease Finance Corp.$1.1B
94
PRGPROG Holdings, Inc.$1.5B
86
VSTSVestis Corp.$1.7B
95
AIHSSenmiao Technology Ltd.$21.3M
7
CTOSCustom Truck One Source, Inc.$2.2B
69

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

Alta Equipment Group Q2 Earnings Call Highlights

MarketBeat · 7 Aug 2026positive

Alta Equipment Group reported a stronger second quarter, with improving equipment demand, recovering deliveries, and better margins lifting results sharply from the first quarter. Management narrowed the upper end of its full-year adjusted EBITDA outlook due to timing considerations for material-handling deliveries.

Why it matters — The report indicates improving operational momentum, while the adjusted guidance reflects management's current view on material-handling delivery timing for the rest of the year.

Alta Equipment Group Inc. (ALTG) Q2 2026 Earnings Call Transcript

Seeking Alpha · 7 Aug 2026neutral

Alta Equipment Group Inc. held its Q2 2026 earnings call and released the transcript of the discussion. The call covered the company's financial results and operational performance for the second quarter of 2026.

Why it matters — An ALTG watcher would review the transcript for management commentary on quarterly performance, operational trends, and the company's outlook.

Alta Equipment Group Announces Second Quarter 2026 Financial Results

GlobeNewsWire · 6 Aug 2026neutral

Alta Equipment Group reported second quarter 2026 financial results, with total revenues increasing $65.0 million sequentially versus the first quarter of 2026, as all three segments reported increases. Total revenues decreased $5.7 million year over year to $475.5 million.

Why it matters — The results show revenue growth across all three segments on a sequential basis, providing a key indicator of recent business momentum for ALTG watchers.

Stock Picks From Seeking Alpha's July 2026 New Analysts

Seeking Alpha · 6 Aug 2026neutral

Seeking Alpha announced it welcomed 33 new analysts in July 2026, and this article highlights their top stock picks and investment strategies. The featured companies are SELLAS Life Sciences, Chevron, B2Gold, Amazon, and QXO, with theses focused on catalysts, balance sheets, and market structure.

Why it matters — The item does not mention Alta Equipment Group, so it offers no direct information or market signal relevant to an ALTG watcher.

Alta Equipment Group Announces Date of Second Quarter 2026 Financial Results Release, Conference Call and Webcast

GlobeNewsWire · 30 July 2026neutral

Alta Equipment Group announced it will release its second quarter 2026 financial results after U.S. markets close on August 6, 2026, followed by a conference call and webcast at 5:00 p.m. Eastern Time. The results and supplementary slides will be posted on the company's investor relations website before the call.

Why it matters — The announcement gives ALTG investors the date and details for the company's next earnings report and management discussion of its financial performance.

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 $10, with estimates ranging from $8 to $17. 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. 56 out of 100 across roughly 4,600 US stocks as at 22 Aug 2026. None of this is personal advice — it does not consider your circumstances.

How does Ticker Nerd's model rank ALTG?

As at 22 Aug 2026, Alta Equipment Group, Inc. ranks 56 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 (94 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 +57.2% from the last close, and Ticker Nerd's factor model ranks Alta Equipment Group, Inc. 56 out of 100 as at 22 Aug 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 $17 over the next 12 months.

How has ALTG stock performed over the past year?

Alta Equipment Group, Inc. returned -20.7% over the 12 months to 24 Aug 2026, with dividends reinvested. Past performance does not indicate future returns.

What does Alta Equipment Group, Inc. do?

Alta Equipment Group Inc. is a full-service industrial and construction equipment company.

What is the latest news on ALTG?

The most recent item we track (MarketBeat, 7 Aug 2026): "Alta Equipment Group Q2 Earnings Call Highlights". Alta Equipment Group reported a stronger second quarter, with improving equipment demand, recovering deliveries, and better margins lifting results sharply from the first quarter. Management narrowed the upper end of its full-year adjusted EBITDA outlook due to timing considerations for material-handling deliveries.

Company

About Alta Equipment Group, Inc.

Alta Equipment Group Inc. is a full-service industrial and construction equipment company. It focuses on offering a diversified range of products and services, from sales and rentals to parts and service support for customers in the industrial, construction, and manufacturing sectors. The company's extensive inventory includes a range of specialized construction machinery, material handling equipment, and environmental processing products, enabling it to fulfill the varied needs of its clientele. Alta Equipment Group operates across the United States, leveraging its strategically located branches to provide comprehensive customer support and responsive service. In the financial market, Alta Equipment Group Inc. is recognized for its role in supplying essential equipment that supports infrastructure development and industrial growth. Its operations are integral to industries relying on heavy machinery for project execution and maintenance, thereby positioning the company as a critical partner in enhancing operational efficiency and productivity. The company's broad service range and customer-oriented strategies cement its market presence, contributing to the ongoing industrial and construction operations in its regions of operation.

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