Alta Equipment Group Inc. (ALTG) Price Target Analysis
Updated Jul 2, 2026
Analyst Rating: Buy
Based on 5 analysts35.0% Below Target
ALTG trades 35.0% below Wall Street's consensus target of $8.75.
Current Price$6.48
Average Target$8.75
Target
Current
Low$8.00
Median$8.75
High$9.50
Analyst Target Range
Forward P/E—
PEG Ratio—
Implied Growth+52.5%
(High Growth)
Analyst Spread17.1%
(High Agreement)
Price Forecast (1 Year)
Last 12 months price action with 12-month analyst target path
Consensus Scenario Assumptions
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.
ALTG Price Target Analysis
Updated July 7, 2026As of July 7, 2026, Alta Equipment Group Inc. (ALTG) has a Wall Street consensus price target of $8.75, based on estimates from 5 covering analysts. With the stock currently trading at $6.48, this represents a potential upside of +35.0%. The company has a market capitalization of $211M.
Analyst price targets range from a low of $8.00 to a high of $9.50, representing a 17% spread in expectations. The median target of $8.75 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 -2.5x. Analysts expect EPS to grow +52.5% over the next year.
Investment Context: Price targets represent analyst expectations for the next 12 months and should be considered alongside your own research. Targets are based on analysts' assumptions about earnings growth, margins, and market conditions which may change. For sector-specific context, view other Industrials stocks.
Analyst Sentiment Comparison
Industry Peer AnalysisAvg Peer Upside
+27.3%
Industry Consensus
Avg Forward P/E
20.1x
(Fair)
Peers with Coverage
9 / 10
Active Analyst Tracking
| Company | Market Cap | Price | Target | Upside Potential | Rating | Fwd P/E | Analysts |
|---|---|---|---|---|---|---|---|
 KFRCKforce Inc. | $923M | $50.48 | $71.00 | +40.6% | Hold | 21.0x | 10 |
 RUSHARush Enterprises, Inc. | $5.8B | $74.52 | $82.00 | +10.0% | Hold | 20.1x | 17 |
 TITNTitan Machinery Inc. | $427M | $18.32 | $20.50 | +11.9% | Hold | — | 17 |
 BLKBBlackbaud, Inc. | $1.3B | $29.27 | $52.50 | +79.4% | Hold | 5.6x | 24 |
 URIUnited Rentals, Inc. | $68.9B | $1099.68 | $1133.75 | +3.1% | Buy | 23.4x | 41 |
 TREXTrex Company, Inc. | $5.0B | $48.30 | $49.25 | +2.0% | Hold | 28.8x | 34 |
 WLFCWillis Lease Finance Corporation | $1.8B | $239.91 | — | — | Buy | 16.9x | 1 |
 MGRCMcGrath RentCorp | $2.9B | $116.31 | $140.00 | +20.4% | Buy | 18.3x | 5 |
 FTAIFTAI Aviation Ltd. | $24.8B | $241.54 | $332.80 | +37.8% | Buy | 34.4x | 18 |
 AHCOAdaptHealth Corp. | $1.4B | $10.27 | $14.40 | +40.2% | Buy | 12.2x | 12 |
ALTG — Frequently Asked Questions
Quick answers to the most common questions about buying ALTG stock.
What is the ALTG stock price target for 2026?
The consensus Wall Street price target for ALTG is $8.75, representing 35.0% upside from the current price of $6.48. With 5 analysts covering the stock, this strong upside suggests significant value not yet reflected in today's share price.
Is ALTG a buy, sell, or hold?
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 $8.75 implies 35.0% upside from current levels.
Is ALTG stock overvalued or undervalued?
ALTG's current price is $6.48 with a consensus target of $8.75 (35.0% implied move). Analyst estimates suggest the stock is undervalued at current levels.
How high can ALTG stock go?
The most bullish Wall Street analyst has a price target of $9.5 for ALTG, while the most conservative target is $8. The consensus of $8.75 represents the median expectation. These targets typically reflect 12-month expectations.
How many analysts cover ALTG stock?
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.
What is the ALTG stock forecast?
The 12-month ALTG stock forecast based on 5 Wall Street analysts shows a consensus price target of $8.75, with estimates ranging from $8 (bear case) to $9.5 (bull case). The median consensus rating is "Buy".
Should I buy ALTG stock?
Wall Street analysts are very optimistic on ALTG, with a "Buy" consensus rating and $8.75 price target (35.0% 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.
Why do ALTG price targets vary so much?
ALTG analyst price targets range from $8 to $9.5, a 17% tight range reflecting strong analyst consensus. Differences stem from varying assumptions about revenue growth, profit margins, competitive dynamics, and valuation multiples. The $8.75 consensus represents the middle ground.
Consensus-Based Analysis Tools
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