$6.090
-0.445 (-7.31%)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 $5.84 (-3.19%). The 1-week path is $5.88 (-2.57%). 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 trading at $6.34, which is significantly below the analyst price target of $12, indicating potential upside. However, the forward P/E ratio is extremely high at 222.22, suggesting that the stock may be overvalued at this price. Additionally, the company has shown a gross margin of 24.73% in the latest quarter, which is relatively healthy, but the net income remains negative, with a loss of $8.2 million in Q2 2026. The main risk is the high forward P/E ratio, which indicates that investors are expecting substantial future growth that may not materialize.
ALTG stock price ended at $6.09 on Wednesday, after losing -7.31%
Alta Equipment Group Inc (ALTG) last closed at $6.03, losing -0.99%. 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
Bullish
Seasonality
Bearish
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 October return for ALTG is 36.84%. September offers the highest probability of a positive month at 67.74%, 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 |
|---|---|---|---|---|
| Oct 2026 | $4.66 | $5.34 | $5.41 | -11.41% |
| Nov 2026 | $4.56 | $5.34 | $5.75 | -11.41% |
| Dec 2026 | $4.66 | $5.17 | $5.44 | -14.27% |
In 2026, Alta Equipment Group Inc (ALTG) is projected to range from $4.56 to $5.75.
Alta Equipment Group Inc 2026 monthly forecast
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.