ALLETE, Inc.
NYSE:ALE
$ 63.50
+ $0.30 (0.47%)
$ 63.50
+ $0.30 (0.47%)
End-of-day quote: 05/13/2024

ALE - ALLETE Stock Prediction 2025 - 2030

20 years of reliable ALLETE stock forecast. The Wall Street analysts predict Hold for ALE. See at a glance whether NYSE:ALE will rise in the future.

$84.75
Forecast 2023
$84.56 $84.56
Forecast 2025
$98.53
Forecast 2030
Outperform
TopGraphs Quality Ranking
Forecast 2023
$84.75
Forecast 2025
$84.56 $84.56
Forecast 2030
$98.53
TopGraphs Quality Ranking
Outperform

Company Info

P/E
0.00
Beta
0.74
Price-to-book Ratio
1.30
Market Cap
3.63B
TEV
5.97 B
Dividend
$2.83
Div Yld
4.46%
Forecast 1Y
32.39%
Forecast 2Y
43.77%
Analyst Price Target
$59.73
Website

ALLETE Price Chart

1M 3M YTD 1Y 2Y 5Y 10Y 20Y

ALLETE Stock Forecast 2023

$64.50

In the last five quarters, ALLETE’s Price Target has risen from $55.16 to $59.73 - a 8.28% increase. Two analysts predict that ALLETE’s share price will increase in the coming year, reaching $64.50. This would represent an increase of 7.99%.

1.57%
1.57
Last update: 05/14/2024

Highest Price Target $80.00

Average Price Target $64.50

Lowest Price Target $56.00

ALLETE Stock Forecast 2025

Stock Prediction for the Price of One ALLETE Share in Jan 2025.

In Jan 2025 analysts predict a share price of $80.40. An increase of 26.61% compared to today's share price.

Stock Prediction for the Price of One ALLETE Share in Feb 2025.

In Feb 2025 analysts predict a share price of $80.78. An increase of 27.21% compared to today's share price.

Stock Prediction for the Price of One ALLETE Share in Mar 2025.

In Mar 2025 analysts predict a share price of $81.16. An increase of 27.8% compared to today's share price.

Stock Prediction for the Price of One ALLETE Share in Apr 2025.

In Apr 2025 analysts predict a share price of $81.53. An increase of 28.4% compared to today's share price.

Stock Prediction for the Price of One ALLETE Share in May 2025.

In May 2025 analysts predict a share price of $81.91. An increase of 28.99% compared to today's share price.

Stock Prediction for the Price of One ALLETE Share in Jun 2025.

In Jun 2025 analysts predict a share price of $82.29. An increase of 29.59% compared to today's share price.

Stock Prediction for the Price of One ALLETE Share in Jul 2025.

In Jul 2025 analysts predict a share price of $82.67. An increase of 30.18% compared to today's share price.

Stock Prediction for the Price of One ALLETE Share in Aug 2025.

In Aug 2025 analysts predict a share price of $83.04. An increase of 30.78% compared to today's share price.

Stock Prediction for the Price of One ALLETE Share in Sep 2025.

In Sep 2025 analysts predict a share price of $83.42. An increase of 31.37% compared to today's share price.

Stock Prediction for the Price of One ALLETE Share in Oct 2025.

In Oct 2025 analysts predict a share price of $83.80. An increase of 31.97% compared to today's share price.

Stock Prediction for the Price of One ALLETE Share in Nov 2025.

In Nov 2025 analysts predict a share price of $84.18. An increase of 32.56% compared to today's share price.

Stock Prediction for the Price of One ALLETE Share in Dec 2025.

In Dec 2025 analysts predict a share price of $84.56. An increase of 33.16% compared to today's share price.

ALLETE Stock Predictions 2030

ALLETE Stock Predictions for Jan 2030.

In January 2030 analysts predict a stock price of $98.25. An increase of 54.72% compared to the previous month's estimate.

ALLETE Stock Predictions for Feb 2030.

In February 2030 analysts predict a stock price of $98.27. An increase of 54.76% compared to the previous month's estimate.

ALLETE Stock Predictions for Mar 2030.

In March 2030 analysts predict a stock price of $98.30. An increase of 54.8% compared to the previous month's estimate.

ALLETE Stock Predictions for Apr 2030.

In April 2030 analysts predict a stock price of $98.33. An increase of 54.84% compared to the previous month's estimate.

ALLETE Stock Predictions for May 2030.

In May 2030 analysts predict a stock price of $98.35. An increase of 54.88% compared to the previous month's estimate.

ALLETE Stock Predictions for Jun 2030.

In June 2030 analysts predict a stock price of $98.38. An increase of 54.92% compared to the previous month's estimate.

ALLETE Stock Predictions for Jul 2030.

In July 2030 analysts predict a stock price of $98.40. An increase of 54.96% compared to the previous month's estimate.

ALLETE Stock Predictions for Aug 2030.

In August 2030 analysts predict a stock price of $98.43. An increase of 55% compared to the previous month's estimate.

ALLETE Stock Predictions for Sep 2030.

In September 2030 analysts predict a stock price of $98.45. An increase of 55.04% compared to the previous month's estimate.

ALLETE Stock Predictions for Oct 2030.

In October 2030 analysts predict a stock price of $98.48. An increase of 55.08% compared to the previous month's estimate.

ALLETE Stock Predictions for Nov 2030.

In November 2030 analysts predict a stock price of $98.50. An increase of 55.12% compared to the previous month's estimate.

ALLETE Stock Predictions for Dec 2030.

In December 2030 analysts predict a stock price of $98.53. An increase of 55.16% compared to the previous month's estimate.

P/E
0.00
Beta
0.74
Price-to-book Ratio
1.30
Market Cap
3.63B
TEV
5.97 B
Dividend
$2.83
Div Yld
4.46%
Forecast 1Y
32.39%
Forecast 2Y
43.77%
Analyst Price Target
$59.73
Website

ALLETE Analyst Ratings Frequently Asked Questions

Who are the analysts watching ALLETE, Inc.?

The following analysts have recently covered ALLETE:

Guggenheim Securities, LLC
J.P. Morgan
Marktfeld
Mizuho Securities USA LLC
Sidoti & Company, LLC
Siebert Williams Shank & Co., LLC
Wells Fargo Securities, LLC
Equisights
CFRA Policy Research
S&P Global Ratings
(This information refers to the last 90 days.)

Who are the sell-side analysts watching ALLETE, Inc.?

The following sell-side analysts have recently covered ALLETE:

Pourreza, Shahriar
Sunderland, Richard Wallace
Paraskevopoulos, Michail
Russo, Brian J.
Ellinghaus, Christopher Ronald
Akers, Sarah Elizabeth
Crowdell, Anthony Christopher
Talsania, Parth
Rains, Rob
Hernandez, William
(This information refers to the last 90 days.)