Should I Buy ALTG? ALTG 2026 Analysis

Should You Buy Alta Equipment Group Inc (ALTG) Today? Analysis, Price Targets, and 2026 Outlook.

Conclusion

Hold

Latest Price

7.350

1 Day change

10.03%

52 Week Range

8.990

Analysis Updated At

2026/02/04

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Not a good buy right now for an impatient trader: momentum is bullish but fading near resistance, and there are no near-term catalysts.
Technical setup suggests limited immediate upside (price ~6.71 below R1 6.91) while pattern-based stats skew slightly negative over the next week/month.
Insider buying is a meaningful positive, but fundamentals (revenue decline) and recent analyst price-target cuts keep the risk/reward unattractive for an “buy now” decision.
Intellectia Proprietary Trading Signals
- AI Stock Picker: No signal on given stock today.
- SwingMax: No signal on given stock today.

Technical Analysis

Trend: Bullish moving-average stack (SMA_5 > SMA_20 > SMA_200) supports an uptrend/basing recovery.
Momentum: MACD histogram is positive (0.0171) but contracting, suggesting bullish momentum is weakening rather than accelerating.
RSI(6) ~65.8: leaning warm but not overbought; upside may be capped unless volume/momentum expands.
Key levels: Pivot 6.546 (near-term line in the sand). Resistance at R1 6.909 then R2 7.133; support at S1 6.183 then S2 5.959.
Short-horizon bias from similar-pattern stats: ~60% chance of slight drift lower (next day -0.46%, next week -1.28%, next month -2.68%), which argues against chasing immediately.

Options Data

Bullish

Open Interest Put-Call Ratio

Bullish

Option Volume Put-Call Ratio

Positioning/sentiment: Open-interest put/call ratio 0.63 is moderately bullish (more calls than puts outstanding).
Activity: Very low latest volume (1 call, 0 puts) despite volume vs 30D avg showing 2.5x—this looks like a thin/options-illiquid name rather than a strong “risk-on” signal.
Volatility: IV30 ~61.25 vs HV ~56.79 (options pricing slightly richer than realized); IV percentile ~44 suggests IV isn’t extremely elevated—no clear panic/fomo signal from IV.

Technical Summary

Sell

Buy

Positive Catalysts

- Insiders are buying aggressively (buying amount up ~322.81% over the last month), a notable confidence signal.
- Options open interest skew is call-favored (OI put/call 0.63), mildly supportive.
- Losses are narrowing YoY (EPS and net income improved), which can help sentiment if revenue stabilizes.

Neutral/Negative Catalysts

- No news in the last week: lack of fresh catalysts reduces the odds of an immediate upside repricing.
- Competitive pricing dynamics and tariff headwinds were explicitly cited by analysts, pressuring outlook.
- Recent analyst price-target reductions (both firms lowered PTs) reinforce a capped upside narrative.
- Pattern-based forward expectation is mildly bearish over the next week/month.
- No recent congress trading data; no “influential buyer” signal from politicians.

Financial Performance

Latest quarter: 2025/Q3.
Revenue: 422.6M, -5.84% YoY (top-line contraction is the main fundamental drag).
Profitability trend: Net income improved to -42.3M (+48.94% YoY improvement, still a loss).
EPS: -1.31 (+52.33% YoY improvement), indicating losses are narrowing.
Gross margin: 26.19% (slightly higher YoY), a small positive but not enough to offset revenue decline.

Growth

Profitability

Efficiency

Analyst Ratings and Price Target Trends

Recent changes are mixed but skew “cautious”:
- DA Davidson: Neutral, price target cut $8 → $7 after Q3 miss; cites tariff headwinds, mixed end markets, and competitive pricing.
- B. Riley: Buy, price target cut $10 → $8.
Wall Street pro view (pros/cons):
- Pros: One firm maintains a Buy; improving earnings/loss trajectory could set up a turnaround if demand stabilizes.
- Cons: Multiple PT cuts and a Neutral rating highlight uncertainty and limit near-term upside expectations.

4 Analyst Rating

Wall Street analysts forecast ALTG stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for ALTG is 10.44 USD with a low forecast of 6.75 USD and a high forecast of 20 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.

2 Buy

2 Hold

0 Sell

Moderate Buy

Current: 6.680

Low

6.75

Averages

10.44

High

Current: 6.680

Low

6.75

Averages

10.44

High

DA Davidson

Neutral

downgrade

$8 -> $7

AI Analysis

2025-11-12

Reason

DA Davidson

Price Target

$8 -> $7

AI Analysis

2025-11-12

downgrade

Neutral

Reason

DA Davidson lowered the firm's price target on Alta Equipment to $7 from $8 and keeps a Neutral rating on the shares after its Q3 earnings miss. The firm is reducing its adjusted EBITDA outlook for 2025/2026 due to associated tariff headwinds and mixed end markets, along with Construction Equipment segment continuing to experience competitive pricing dynamics, the analyst tells investors in a research note.

B. Riley

Liam Burke

Buy

downgrade

$10 -> $8

2025-11-07

Reason

B. Riley

Liam Burke

Price Target

$10 -> $8

2025-11-07

downgrade

Buy

Reason

B. Riley analyst Liam Burke lowered the firm's price target on Alta Equipment to $8 from $10 and keeps a Buy rating on the shares.

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ALTG Should I Buy

ALTG Should I Buy

Should You Buy Alta Equipment Group Inc (ALTG) Today? Analysis, Price Targets, and 2026 Outlook.

Technical Analysis

Options Data

Technical Summary

Positive Catalysts

Neutral/Negative Catalysts

Financial Performance

Growth

Profitability

Efficiency

Analyst Ratings and Price Target Trends

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