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ALLETE Inc
NYSE:ALE

Watchlist Manager
ALLETE Inc Logo
ALLETE Inc
NYSE:ALE
Watchlist
Price: 59.02 USD -0.92% Market Closed
Updated: Apr 27, 2024

Wall Street
Price Targets

ALE Price Targets Summary
ALLETE Inc

Wall Street analysts forecast ALE stock price to rise over the next 12 months.

According to Wall Street analysts, the average 1-year price target for ALE is 61.99 USD with a low forecast of 57.57 USD and a high forecast of 71.25 USD.

Lowest
Price Target
57.57 USD
2% Downside
Average
Price Target
61.99 USD
5% Upside
Highest
Price Target
71.25 USD
21% Upside
ALLETE Inc Competitors:
Price Targets
GNE
Genesis Energy Ltd
17% Upside
DUK
Duke Energy Corp
9% Upside
2638
HK Electric Investments Ltd
26% Upside
PNW
Pinnacle West Capital Corp
5% Upside
CEZ
CEZ as
1% Downside
6
Power Assets Holdings Ltd
16% Upside
TAEE3
Transmissora Alianca de Energia Eletrica SA
0% Upside
OTTR
Otter Tail Corp
14% Downside

Revenue
Forecast

Revenue Estimate
ALLETE Inc

For the last 8 years the compound annual growth rate for ALLETE Inc's revenue is 3%. The projected CAGR for the next 3 years is 0%.

3%
Past Growth
0%
Estimated Growth
Estimates Accuracy
1%
Average Beat

Operating Income
Forecast

Operating Income Estimate
ALLETE Inc

For the last 8 years the compound annual growth rate for ALLETE Inc's operating income is -4%. The projected CAGR for the next 3 years is 18%.

-4%
Past Growth
18%
Estimated Growth
Estimates Accuracy
-17%
Average Miss

Net Income
Forecast

Net Income Estimate
ALLETE Inc

For the last 8 years the compound annual growth rate for ALLETE Inc's net income is 7%. The projected CAGR for the next 3 years is 2%.

7%
Past Growth
2%
Estimated Growth
Estimates Accuracy
-11%
Average Miss

See Also

Discover More
Why do you have more estimates than other sites?

Our estimates are sourced from the pool of sell-side and buy-side analysts that we have access to. What is available on other sites you are seeing are mostly from the sell-side analysts.

What is ALE's stock price target?
Price Target
61.99 USD

According to Wall Street analysts, the average 1-year price target for ALE is 61.99 USD with a low forecast of 57.57 USD and a high forecast of 71.25 USD.

What is ALLETE Inc's Revenue forecast?
Projected CAGR
0%

For the last 8 years the compound annual growth rate for ALLETE Inc's revenue is 3%. The projected CAGR for the next 3 years is 0%.

What is ALLETE Inc's Operating Income forecast?
Projected CAGR
18%

For the last 8 years the compound annual growth rate for ALLETE Inc's operating income is -4%. The projected CAGR for the next 3 years is 18%.

What is ALLETE Inc's Net Income forecast?
Projected CAGR
2%

For the last 8 years the compound annual growth rate for ALLETE Inc's net income is 7%. The projected CAGR for the next 3 years is 2%.