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Our AI model analyzes fundamental, technical, and statistical indicators to predict the probability of a bullish trend over the next three months.

We regularly update and refine our models to deliver the most reliable forecasts for you.

Bullish Probability	Sentiment	Score
+80%	Strong Buy	10
+75%	Buy	9
+70%	Buy	8
+60%	Buy	7
+50%	Hold	6
+45%	Hold	5
+40%	Hold	4
+35%	Sell	3
+30%	Sell	2
+20%	Strong Sell	1

ALLETE Inc. (ALE)

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Bullish Probability	Sentiment	Score
+80%	Strong Buy	10
+75%	Buy	9
+70%	Buy	8
+60%	Buy	7
+50%	Hold	6
+45%	Hold	5
+40%	Hold	4
+35%	Sell	3
+30%	Sell	2
+20%	Strong Sell	1

65.32

-0.13 (-0.20%)

At close: Jan 15, 2025, 10:00 AM

ALLETE Inc. Forecast

Stock Price Forecast

The 3 analysts with 12-month price forecasts for ALE stock have an median target of 59, with a low estimate of 58 and a high estimate of 67. The median target predicts a decrease of -9.68% from the current stock price of 65.32.

Analyst Consensus: Hold

Target	Low	Average	Median	High
Price	$58	$61.33	$59	$67
Change	-11.21%	-6.11%	-9.68%	2.57%

AI Analyst Report

According to 3 stock analyst, the rating for ALLETE Inc. is "Hold". This means that the analyst believes this stock is likely to lead to similar returns than market as a whole.

Rating	Jan 24	Feb 24	May 24
Strong Buy	0	0	0
Buy	0	0	0
Hold	1	1	1
Sell	0	0	0
Strong Sell	0	0	0
Total	1	1	1

Financial Forecast this Year

Revenue This Year

1.56B

from 1.88B

-16.8%

from 1.88B

Revenue Next Year

1.63B

from 1.56B

4.2%

from 1.56B

EPS This Year

3.69

from 4.31

-14.4%

from 4.31

EPS Next Year

3.98

from 3.69

7.9%

from 3.69