$5.890
-0.276 (-4.69%)At close
Price Predictions
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ALTG Prediction & Forecast by Similar Chart Analysis
Alphio's ALTG stock price prediction model matches the current Alta Equipment Group Inc tape against historical breakout patterns, then publishes 1-day and 1-week targets first. The 1-day print is $5.99 (+1.78%). The 1-week path is $5.98 (+1.60%). Longer windows use the same pattern set plus seasonality; the 1-month and multi-year forecasts sit behind unlock because they include precise min / avg / max bands.
Should I Buy Alta Equipment Group Inc Stock?
Currently, Alta Equipment Group Inc (ALTG) is not a strong buy. The stock is trading at $5.89, significantly below its 52-week high of $8.88, indicating potential for recovery but also reflecting recent volatility. The RSI is at a low 17.59, suggesting the stock is oversold, which could indicate a buying opportunity. However, the forward P/E ratio is extremely high at 222.22, indicating that the stock may be overvalued given its current earnings performance. The main risk is the company's negative net income, which was -$8.2 million in the latest quarter, raising concerns about profitability.
ALTG stock price ended at $5.89 on Friday, after losing -4.69%
Alta Equipment Group Inc (ALTG) last closed at $5.89, losing -4.69%. These facts feed the 1-day and 1-week ALTG price prediction above.
Forecast Drivers
Alta Equipment Group Inc (ALTG) forecast drivers combine similar chart patterns, seasonality, and moving averages.
Similar patterns
Bearish
Seasonality
Bullish
SMA 20
Bearish
SMA 200
Bearish
Similar Chart Patterns
Stocks whose recent price path most closely matches ALTG, ranked by similarity.
Seasonality analysis for ALTG
Historically the probability of a positive August return for ALTG is 65.08%. July offers the highest probability of a positive month at 66.67%, while November is the weakest seasonal window. Alphio blends this calendar with technical signals and similar chart pattern matching before it writes the forecast.
10-year price projections for ALTG
| Month | Min Price | Avg Price | Max Price | Potential ROI |
|---|---|---|---|---|
| Aug 2026 | $3.83 | $4.01 | $4.42 | -31.85% |
| Sep 2026 | $5.04 | $5.34 | $6.17 | -9.31% |
| Oct 2026 | $4.66 | $5.34 | $5.41 | -9.31% |
| Nov 2026 | $4.56 | $5.34 | $5.75 | -9.31% |
| Dec 2026 | $4.66 | $5.17 | $5.44 | -12.23% |
In 2026, Alta Equipment Group Inc (ALTG) is projected to range from $3.83 to $6.17.
Alta Equipment Group Inc 2026 monthly forecast
In Aug 2026, Alta Equipment Group Inc is projected to average $4.01, with a low of $3.83 and high of $4.42.
In Sep 2026, Alta Equipment Group Inc is projected to average $5.34, with a low of $5.04 and high of $6.17.
In Oct 2026, Alta Equipment Group Inc is projected to average $5.34, with a low of $4.66 and high of $5.41.
In Nov 2026, Alta Equipment Group Inc is projected to average $5.34, with a low of $4.56 and high of $5.75.
In Dec 2026, Alta Equipment Group Inc is projected to average $5.17, with a low of $4.66 and high of $5.44.
This page is for research only and is not investment advice. Models can be wrong. Past performance does not guarantee future results.