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Allete (ALE) Stock Forecast & Price Target

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ALE Analyst Ratings Over Time

Type	Current Forecast 5/5/25 to 5/5/26	1 Month Ago 4/5/25 to 4/5/26	3 Months Ago 2/4/25 to 2/4/26	1 Year Ago 5/5/24 to 5/5/25
Strong Buy	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)	1 Strong Buy rating(s)
Buy	1 Buy rating(s)	1 Buy rating(s)	1 Buy rating(s)	0 Buy rating(s)
Hold	0 Hold rating(s)	0 Hold rating(s)	0 Hold rating(s)	1 Hold rating(s)
Sell	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)
Consensus Price Target	N/A	N/A	N/A	$67.00
Forecasted Upside	N/A	N/A	N/A	2.36% Upside
Consensus Rating	Buy	Buy	Buy	Buy

ALE Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.

ALE Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.

Allete Stock vs. The Competition

Type	Allete	Utilities Companies	S&P 500
Consensus Rating Score	3.00	2.38	2.52
Consensus Rating	Buy	Hold	Moderate Buy
Predicted Upside	N/A	36.69% Upside	14.74% Upside
News Sentiment Rating	Neutral News See Recent ALE News	Positive News	Positive News

Recent Analyst Forecasts and Stock Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export

Date	Brokerage	Analyst	Action	Rating	Price Target	Report Date Upside/Downside
12/15/2025	Weiss Ratings Not Rated		Reiterated Rating	Buy (B-)
9/30/2024	Sidoti 4 of 5 stars	B. Russo Not Rated	Upgrade	Hold ➝ Strong-Buy
5/16/2024	Mizuho 4 of 5 stars		Boost Target	Neutral	$57.00 ➝ $67.00	+6.10%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Tuesday at 07:32 PM ET.

ALE Forecast - Frequently Asked Questions

: 1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Allete in the last twelve months. There is currently 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "buy" ALE shares.
: According to analysts, Allete's stock has a predicted downside of -100.00% based on their 12-month stock forecasts.
: Analysts like Allete more than other "utilities" companies. The consensus rating for Allete is Buy while the average consensus rating for "utilities" companies is Hold. Learn more on how ALE compares to other companies.

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This page (NYSE:ALE) was last updated on 5/5/2026 by MarketBeat.com Staff.

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