ALTG trades 33.1% below Wall Street's consensus target of $8.00.
Last 12 months price action with 12-month analyst target path
The base valuation assumes ALTG achieves its forward estimates and maintains a stable P/E multiple of historical averagesx. This scenario reflects the blended consensus of 5 Wall Street analysts, balancing both positive catalysts and macroeconomic headwinds over the next 12 months.
As of September 24, 2026, Alta Equipment Group Inc. (ALTG) has a Wall Street consensus price target of $8.00, based on estimates from 5 covering analysts. With the stock currently trading at $6.01, this represents a potential upside of +33.1%. The company has a market capitalization of $196M.
Analyst price targets range from a low of $8.00 to a high of $8.00, representing a 0% spread in expectations. The median target of $8.00 aligns closely with the consensus average. The tight target dispersion indicates high conviction among analysts.
The current analyst consensus rating is Buy, with 3 analysts rating the stock as a Buy or Strong Buy,2 rating it Hold, and 0 rating it Sell or Strong Sell. The positive sentiment balance indicates moderate optimism about the stock prospects.
From a valuation perspective, ALTG trades at a trailing P/E of -2.4x. Analysts expect EPS to grow +46.8% over the next year.
| Company | Market Cap | Price | Target | Upside Potential | Rating | Fwd P/E | Analysts |
|---|---|---|---|---|---|---|---|
 KFRCKforce Inc. | $929M | $52.07 | $59.00 | +13.3% | Hold | 20.5x | 10 |
 RUSHARush Enterprises, Inc. | $5.6B | $48.04 | $89.33 | +85.9% | Hold | 19.5x | 17 |
 TITNTitan Machinery Inc. | $564M | $24.22 | $29.00 | +19.7% | Hold | — | 17 |
 BLKBBlackbaud, Inc. | $1.9B | $42.89 | $47.67 | +11.1% | Hold | 8.2x | 24 |
 URIUnited Rentals, Inc. | $64.2B | $1031.99 | $1219.15 | +18.1% | Buy | 20.9x | 41 |
 TREXTrex Company, Inc. | $4.5B | $43.62 | $52.89 | +21.3% | Hold | 24.7x | 34 |
 WLFCWillis Lease Finance Corporation | $3.9B | $54.38 | $75.50 | +38.8% | Buy | 8.8x | 1 |
 MGRCMcGrath RentCorp | $2.8B | $113.24 | $141.50 | +25.0% | Buy | 17.7x | 5 |
 FTAIFTAI Aviation Ltd. | $19.1B | $186.01 | $321.25 | +72.7% | Buy | 31.2x | 18 |
 AHCOAdaptHealth Corp. | $776M | $5.70 | $9.83 | +72.5% | Buy | — | 12 |
Quick answers to the most common questions about buying ALTG stock.
The consensus Wall Street price target for ALTG is $8, representing 33.1% upside from the current price of $6.01. With 5 analysts covering the stock, this strong upside suggests significant value not yet reflected in today's share price.
ALTG has a consensus rating of "Buy" based on 5 Wall Street analysts. The rating breakdown is predominantly bullish, with 3 Buy/Strong Buy ratings. The consensus 12-month price target of $8 implies 33.1% upside from current levels.
ALTG's current price is $6.01 with a consensus target of $8 (33.1% implied move). Analyst estimates suggest the stock is undervalued at current levels.
The most bullish Wall Street analyst has a price target of $8 for ALTG, while the most conservative target is $8. The consensus of $8 represents the median expectation. These targets typically reflect 12-month expectations.
ALTG is moderately covered, with 5 analysts providing price targets and ratings. Of these, 0 have Strong Buy ratings, 3 have Buy ratings, 2 recommend Hold, and 0 have Sell or Strong Sell ratings. Higher analyst coverage generally indicates greater institutional interest and more reliable consensus estimates.
The 12-month ALTG stock forecast based on 5 Wall Street analysts shows a consensus price target of $8, with estimates ranging from $8 (bear case) to $8 (bull case). The median consensus rating is "Buy".
Wall Street analysts are very optimistic on ALTG, with a "Buy" consensus rating and $8 price target (33.1% upside). 3 of 5 analysts rate it Buy or Strong Buy. This information is for educational purposes only. Always conduct your own research, consider your financial situation, and consult a financial advisor before making investment decisions.
ALTG analyst price targets range from $8 to $8, a 0% tight range reflecting strong analyst consensus. Differences stem from varying assumptions about revenue growth, profit margins, competitive dynamics, and valuation multiples. The $8 consensus represents the middle ground.
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