ALTG trades 68.6% below Wall Street's consensus target of $10.00.
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 November 8, 2026, Alta Equipment Group Inc. (ALTG) has a Wall Street consensus price target of $10.00, based on estimates from 5 covering analysts. With the stock currently trading at $5.93, this represents a potential upside of +68.6%. The company has a market capitalization of $193M.
Analyst price targets range from a low of $8.00 to a high of $12.00, representing a 40% spread in expectations. The median target of $10.00 aligns closely with the consensus average.
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 +46.4% over the next year.
| Company | Market Cap | Price | Target | Upside Potential | Rating | Fwd P/E | Analysts |
|---|---|---|---|---|---|---|---|
 KFRCKforce Inc. | $966M | $54.15 | $63.00 | +16.3% | Hold | 19.9x | 10 |
 RUSHARush Enterprises, Inc. | $5.2B | $44.20 | $70.00 | +58.4% | Hold | 18.2x | 17 |
 TITNTitan Machinery Inc. | $516M | $22.14 | $29.00 | +31.0% | Hold | — | 17 |
 BLKBBlackbaud, Inc. | $2.5B | $54.12 | $51.00 | -5.8% | Hold | 10.3x | 24 |
 URIUnited Rentals, Inc. | $65.7B | $1055.57 | $1298.92 | +23.1% | Buy | 20.3x | 41 |
 TREXTrex Company, Inc. | $5.7B | $54.74 | $55.00 | +0.5% | Buy | 30.9x | 35 |
 WLFCWillis Lease Finance Corporation | $3.4B | $46.86 | $75.50 | +61.1% | Buy | 8.5x | 1 |
 MGRCMcGrath RentCorp | $3.1B | $125.02 | $141.50 | +13.2% | Buy | 19.7x | 5 |
 FTAIFTAI Aviation Ltd. | $18.5B | $180.27 | $308.00 | +70.9% | Buy | 32.1x | 19 |
 AHCOAdaptHealth Corp. | $997M | $7.33 | $9.83 | +34.1% | Buy | — | 12 |
Quick answers to the most common questions about buying ALTG stock.
The consensus Wall Street price target for ALTG is $10, representing 68.6% upside from the current price of $5.93. 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 $10 implies 68.6% upside from current levels.
ALTG's current price is $5.93 with a consensus target of $10 (68.6% implied move). Analyst estimates suggest the stock is undervalued at current levels.
The most bullish Wall Street analyst has a price target of $12 for ALTG, while the most conservative target is $8. The consensus of $10 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 $10, with estimates ranging from $8 (bear case) to $12 (bull case). The median consensus rating is "Buy".
Wall Street analysts are very optimistic on ALTG, with a "Buy" consensus rating and $10 price target (68.6% 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 $12, a 40% moderate spread showing some variance in outlooks. Differences stem from varying assumptions about revenue growth, profit margins, competitive dynamics, and valuation multiples. The $10 consensus represents the middle ground.
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