Alto Ingredients (ALTO) Stock Forecast, Price Target & Predictions

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ALTO Stock Forecast

Alto Ingredients stock forecast is as follows: an average price target of $3.50 (represents a 151.80% upside from ALTO’s last price of $1.39) and a rating consensus of 'Buy', based on 2 wall street analysts offering a 1-year stock forecast.

ALTO Price Target

The average price target for Alto Ingredients (ALTO) is $3.50 based on 1-year price targets from 2 Wall Street analysts in the past 3 months, with a price target range of $3.50 to $3.50. This represents a potential 151.80% upside from ALTO's last price of $1.39.

ALTO Analyst Ratings

Buy

According to 2 Wall Street analysts, Alto Ingredients's rating consensus is 'Buy'. The analyst rating breakdown for ALTO stock is 0 'Strong Buy' (0.00%), 2 'Buy' (100.00%), 0 'Hold' (0.00%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).

Alto Ingredients Price Target by Analyst

Date	Analyst	Company	Price Target	Price when Published	Price Target/Price when Published	Price Target/Last Closing Price
May 07, 2024	Eric Stine	Craig-Hallum	$3.50	$1.83	91.17%	151.80%

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The latest Alto Ingredients stock forecast, released on May 07, 2024 by Eric Stine from Craig-Hallum, set a price target of $3.50, which represents a 91.17% increase from the stock price at the time of the forecast ($1.83), and a 151.80% increase from ALTO last price ($1.39).

Alto Ingredients Price Target by Period

	1M	3M	12M
# Anlaysts	-	-	1
Avg Price Target	-	-	$3.50
Last Closing Price	$1.39	$1.39	$1.39
Upside/Downside	-100.00%	-100.00%	151.80%

In the current month, the average price target of Alto Ingredients stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Alto Ingredients's last price of $1.39. This month's average price target is down NaN% compared to last quarter, and down -100.00% compared to last year.

Analyst Ratings Upgrades/Downgrades

Date	Company	Previous Rating	New Rating	Rating Change
May 07, 2024	Craig-Hallum	Buy	Buy	Hold
Nov 07, 2023	Needham	Buy	Buy	Hold

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Alto Ingredients's last stock rating was published by Craig-Hallum on May 07, 2024. The company gave ALTO a "Buy" rating, the same as its previous rate.

Alto Ingredients Financial Forecast

Alto Ingredients Revenue Forecast

	Dec 25	Sep 25	Jun 25	Mar 25	Dec 24	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20	Mar 20	Dec 19	Sep 19	Jun 19	Mar 19
Revenue	-	-	-	-	-	-	-	-	$273.63M	$318.13M	$317.30M	$313.89M	$328.44M	$336.88M	$362.19M	$308.12M	$385.49M	$305.56M	$298.11M	$218.73M	$168.82M	$204.73M	$212.07M	$311.40M	$357.62M	$365.16M	$346.30M	$355.80M
Avg Forecast	$268.40M	$261.90M	$245.80M	$236.10M	$222.80M	$267.57M	$232.58M	$217.28M	$292.96M	$308.71M	$298.25M	$297.80M	$342.36M	$311.44M	$320.85M	$341.40M	$323.30M	$267.01M	$288.09M	$264.16M	$234.25M	$210.31M	$174.20M	$269.79M	$369.80M	$374.28M	$357.92M	$352.85M
High Forecast	$273.45M	$266.83M	$250.42M	$240.54M	$226.99M	$267.57M	$232.58M	$221.37M	$298.47M	$314.51M	$303.86M	$303.40M	$348.80M	$311.44M	$320.85M	$341.40M	$323.30M	$267.01M	$288.09M	$264.16M	$234.25M	$210.31M	$174.20M	$269.79M	$369.80M	$374.28M	$357.92M	$352.85M
Low Forecast	$263.35M	$256.97M	$241.18M	$231.66M	$218.61M	$267.57M	$232.58M	$213.19M	$287.45M	$302.90M	$292.64M	$292.20M	$335.92M	$311.44M	$320.85M	$341.40M	$323.30M	$267.01M	$288.09M	$264.16M	$234.25M	$210.31M	$174.20M	$269.79M	$369.80M	$374.28M	$357.92M	$352.85M
# Analysts	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1
Surprise %	-	-	-	-	-	-	-	-	0.93%	1.03%	1.06%	1.05%	0.96%	1.08%	1.13%	0.90%	1.19%	1.14%	1.03%	0.83%	0.72%	0.97%	1.22%	1.15%	0.97%	0.98%	0.97%	1.01%

Alto Ingredients's average Quarter revenue forecast for Mar 24 based on 1 analysts is $217.28M, with a low forecast of $213.19M, and a high forecast of $221.37M. ALTO's average Quarter revenue forecast represents a -20.59% decrease compared to the company's last Quarter revenue of $273.63M (Dec 23).

Alto Ingredients EBITDA Forecast

	Dec 25	Sep 25	Jun 25	Mar 25	Dec 24	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20	Mar 20	Dec 19	Sep 19	Jun 19	Mar 19
# Analysts	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1
EBITDA	-	-	-	-	-	-	-	-	$-5.35M	$-4.33M	$9.27M	$-11.03M	$-27.95M	$-27.70M	$22.43M	$3.73M	$43.62M	$2.61M	$15.24M	$12.42M	$-13.01M	$27.46M	$28.66M	$-10.03M	$-23.95M	$-10.13M	$9.26M	$3.97M
Avg Forecast	$4.16M	$4.06M	$3.81M	$3.66M	$3.46M	$4.15M	$3.61M	$3.37M	$4.54M	$4.79M	$4.63M	$4.62M	$5.31M	$-59.39K	$-61.18K	$7.68M	$-61.65K	$-50.92K	$9.96M	$-50.37K	$-44.67K	$-40.10K	$-33.22K	$-51.45K	$-70.52K	$-71.37K	$-68.25K	$-67.28K
High Forecast	$4.24M	$4.14M	$3.88M	$3.73M	$3.52M	$4.15M	$3.61M	$3.43M	$4.63M	$4.88M	$4.71M	$4.71M	$5.41M	$-59.39K	$-61.18K	$9.21M	$-61.65K	$-50.92K	$11.95M	$-50.37K	$-44.67K	$-40.10K	$-33.22K	$-51.45K	$-70.52K	$-71.37K	$-68.25K	$-67.28K
Low Forecast	$4.08M	$3.99M	$3.74M	$3.59M	$3.39M	$4.15M	$3.61M	$3.31M	$4.46M	$4.70M	$4.54M	$4.53M	$5.21M	$-59.39K	$-61.18K	$6.14M	$-61.65K	$-50.92K	$7.97M	$-50.37K	$-44.67K	$-40.10K	$-33.22K	$-51.45K	$-70.52K	$-71.37K	$-68.25K	$-67.28K
Surprise %	-	-	-	-	-	-	-	-	-1.18%	-0.90%	2.00%	-2.39%	-5.26%	466.40%	-366.68%	0.49%	-707.46%	-51.22%	1.53%	-246.62%	291.22%	-684.81%	-862.73%	195.04%	339.63%	141.99%	-135.65%	-59.03%

1 analysts predict ALTO's average Quarter EBITDA for Sep 23 to be $4.79M, with a high of $4.88M and a low of $4.70M. This is -48.35% lower than Alto Ingredients's previous annual EBITDA (Jun 23) of $9.27M.

Alto Ingredients Net Income Forecast

	Dec 25	Sep 25	Jun 25	Mar 25	Dec 24	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20	Mar 20	Dec 19	Sep 19	Jun 19	Mar 19
# Analysts	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1
Net Income	-	-	-	-	-	-	-	-	$-18.95M	$-3.49M	$7.59M	$-7.68M	$-33.07M	$-21.78M	$22.11M	$-2.91M	$36.15M	$-3.13M	$8.39M	$4.68M	$-20.20M	$15.21M	$14.96M	$-25.10M	$-41.09M	$-27.33M	$-7.65M	$-12.89M
Avg Forecast	$2.22M	$1.48M	$2.95M	$-1.48M	$-7.75M	$2.58M	$-7.38M	$-10.71M	$-5.91M	$7.01M	$-3.94M	$-7.63M	$-4.18M	$244.93K	$6.86M	$-5.35M	$22.54M	$8.82M	$5.48M	$7.90M	$17.49M	$19.08M	$-14.70M	$-42.25M	$-19.84M	$-12.13M	$-15.43M	$-25.35M
High Forecast	$2.27M	$1.51M	$3.03M	$-1.44M	$-7.56M	$2.65M	$-7.20M	$-10.44M	$-5.76M	$7.19M	$-3.84M	$-7.44M	$-4.08M	$244.93K	$6.86M	$-4.28M	$22.54M	$8.82M	$6.58M	$7.90M	$17.49M	$19.08M	$-14.70M	$-42.25M	$-19.84M	$-12.13M	$-15.43M	$-25.35M
Low Forecast	$2.16M	$1.44M	$2.88M	$-1.51M	$-7.94M	$2.52M	$-7.56M	$-10.97M	$-6.05M	$6.84M	$-4.03M	$-7.82M	$-4.29M	$244.93K	$6.86M	$-6.42M	$22.54M	$8.82M	$4.38M	$7.90M	$17.49M	$19.08M	$-14.70M	$-42.25M	$-19.84M	$-12.13M	$-15.43M	$-25.35M
Surprise %	-	-	-	-	-	-	-	-	3.21%	-0.50%	-1.93%	1.01%	7.90%	-88.92%	3.22%	0.54%	1.60%	-0.36%	1.53%	0.59%	-1.15%	0.80%	-1.02%	0.59%	2.07%	2.25%	0.50%	0.51%

Alto Ingredients's average Quarter net income forecast for Sep 23 is $7.01M, with a range of $6.84M to $7.19M. ALTO's average Quarter net income forecast represents a -7.65% decrease compared to the company's last Quarter net income of $7.59M (Jun 23).

Alto Ingredients SG&A Forecast

	Dec 25	Sep 25	Jun 25	Mar 25	Dec 24	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20	Mar 20	Dec 19	Sep 19	Jun 19	Mar 19
# Analysts	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1
SG&A	-	-	-	-	-	-	-	-	$8.52M	$8.49M	$7.91M	$7.88M	$7.55M	$7.40M	$9.00M	$7.63M	$9.41M	$-5.53M	$7.23M	$7.01M	$6.74M	$6.40M	$8.63M	$10.21M	$11.82M	$8.69M	$6.71M	$8.23M
Avg Forecast	$7.25M	$7.07M	$6.64M	$6.38M	$6.02M	$7.23M	$6.28M	$5.87M	$7.91M	$8.34M	$8.06M	$8.04M	$9.25M	$8.41M	$8.67M	$15.69M	$8.73M	$7.21M	$4.72M	$7.13M	$6.33M	$5.68M	$4.71M	$7.29M	$9.99M	$10.11M	$9.67M	$9.53M
High Forecast	$7.39M	$7.21M	$6.76M	$6.50M	$6.13M	$7.23M	$6.28M	$5.98M	$8.06M	$8.49M	$8.21M	$8.19M	$9.42M	$8.41M	$8.67M	$18.83M	$8.73M	$7.21M	$5.67M	$7.13M	$6.33M	$5.68M	$4.71M	$7.29M	$9.99M	$10.11M	$9.67M	$9.53M
Low Forecast	$7.11M	$6.94M	$6.51M	$6.26M	$5.90M	$7.23M	$6.28M	$5.76M	$7.76M	$8.18M	$7.90M	$7.89M	$9.07M	$8.41M	$8.67M	$12.56M	$8.73M	$7.21M	$3.78M	$7.13M	$6.33M	$5.68M	$4.71M	$7.29M	$9.99M	$10.11M	$9.67M	$9.53M
Surprise %	-	-	-	-	-	-	-	-	1.08%	1.02%	0.98%	0.98%	0.82%	0.88%	1.04%	0.49%	1.08%	-0.77%	1.53%	0.98%	1.06%	1.13%	1.83%	1.40%	1.18%	0.86%	0.69%	0.86%

Alto Ingredients's average Quarter SG&A projection for Mar 24 is $5.87M, based on 1 Wall Street analysts, with a range of $5.76M to $5.98M. The forecast indicates a -31.14% fall compared to ALTO last annual SG&A of $8.52M (Dec 23).

Alto Ingredients EPS Forecast

	Dec 25	Sep 25	Jun 25	Mar 25	Dec 24	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20	Mar 20	Dec 19	Sep 19	Jun 19	Mar 19
# Analysts	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1
EPS	-	-	-	-	-	-	-	-	$-0.26	$-0.05	$0.10	$-0.10	$-0.45	$-0.30	$0.29	$-0.04	$0.51	$-0.05	$0.11	$0.06	$-0.30	$0.25	$0.27	$-0.47	$-0.85	$-0.58	$-0.17	$-0.29
Avg Forecast	$0.03	$0.02	$0.04	$-0.02	$-0.10	$0.04	$-0.10	$-0.14	$-0.08	$0.10	$-0.05	$-0.10	$-0.06	-	$0.09	$0.14	$0.31	$0.12	$0.15	$0.11	$0.24	$0.26	$-0.20	$-0.57	$-0.27	$-0.17	$-0.21	$-0.34
High Forecast	$0.03	$0.02	$0.04	$-0.02	$-0.10	$0.04	$-0.10	$-0.14	$-0.08	$0.10	$-0.05	$-0.10	$-0.06	-	$0.09	$0.14	$0.31	$0.12	$0.15	$0.11	$0.24	$0.26	$-0.20	$-0.57	$-0.27	$-0.17	$-0.21	$-0.34
Low Forecast	$0.03	$0.02	$0.04	$-0.02	$-0.11	$0.03	$-0.10	$-0.15	$-0.08	$0.09	$-0.05	$-0.11	$-0.06	-	$0.09	$0.14	$0.31	$0.12	$0.15	$0.11	$0.24	$0.26	$-0.20	$-0.57	$-0.27	$-0.17	$-0.21	$-0.34
Surprise %	-	-	-	-	-	-	-	-	3.25%	-0.50%	-1.88%	0.97%	7.94%	-90.01%	3.11%	-0.30%	1.66%	-0.42%	0.75%	0.56%	-1.26%	0.96%	-1.35%	0.82%	3.15%	3.52%	0.81%	0.84%

According to 1 Wall Street analysts, Alto Ingredients's projected average Quarter EPS for Sep 23 is $0.10, with a low estimate of $0.09 and a high estimate of $0.10. This represents a -5.00% decrease compared to ALTO previous annual EPS of $0.10 (Jun 23).

Alto Ingredients Peer Comparison by Price Target

Ticker	Company	Last Closing Price	Avg Price Target	Upside/Downside	Avg Rating
ALTO	Alto Ingredients	$1.39	$3.50	151.80%	Buy
OEC	Orion Engineered Carbons	$18.04	$32.00	77.38%	Buy
AVTR	Avantor	$20.18	$34.29	69.92%	Buy
LTHM	Livent	$16.51	$27.33	65.54%	Buy
ASH	Ashland	$77.03	$115.55	50.01%	Buy
ESI	Element Solutions	$28.03	$35.88	28.01%	Buy
ECVT	Ecovyst	$8.08	$9.67	19.68%	Buy
SQM	Sociedad Química y Minera de Chile	$38.74	$45.75	18.09%	Buy
KWR	Quaker Chemical	$167.14	$192.50	15.17%	Buy
FUL	H.B. Fuller Company	$74.50	$85.60	14.90%	Buy
BCPC	Balchem	$177.08	$190.00	7.30%	Buy
CBT	Cabot	$108.82	$108.67	-0.14%	Hold
AXTA	Axalta Coating Systems	$39.90	$38.25	-4.14%	Buy
KRO	Kronos Worldwide	$11.32	$9.50	-16.08%	Sell
PRM	Perimeter Solutions, SA	$12.34	$7.00	-43.27%	Buy
DNMR	Danimer Scientific	$8.04	$0.90	-88.81%	Hold

ALTO Forecast FAQ

Is Alto Ingredients a good buy?

Yes, according to 2 Wall Street analysts, Alto Ingredients (ALTO) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 2 'Buy' recommendations, accounting for 100.00% of ALTO's total ratings.

What is ALTO's price target?

Alto Ingredients (ALTO) average price target is $3.5 with a range of $3.5 to $3.5, implying a 151.80% from its last price of $1.39. The data is based on 2 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

Will Alto Ingredients stock go up soon?

According to Wall Street analysts' prediction for ALTO stock, the company can go up by 151.80% (from the last price of $1.39 to the average price target of $3.5), up by 151.80% based on the highest stock price target, and up by 151.80% based on the lowest stock price target.

Can Alto Ingredients stock reach $2?

ALTO's average twelve months analyst stock price target of $3.5 supports the claim that Alto Ingredients can reach $2 in the near future.

What are Alto Ingredients's analysts' financial forecasts?

Alto Ingredients's analysts financial forecasts for the fiscal year (Dec 2024) are as follows: average revenue is $940.23M (high $948.51M, low $931.95M), average EBITDA is $14.58M (high $14.71M, low $14.45M), average net income is $-23.258M (high $-22.562M, low $-23.954M), average SG&A $25.4M (high $25.62M, low $25.17M), and average EPS is $-0.315 (high $-0.306, low $-0.324). ALTO's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $1.01B (high $1.03B, low $993.16M), average EBITDA is $15.7M (high $15.99M, low $15.4M), average net income is $5.17M (high $5.37M, low $4.97M), average SG&A $27.34M (high $27.85M, low $26.82M), and average EPS is $0.07 (high $0.0727, low $0.0673).

Did the ALTO's actual financial results beat the analysts' financial forecasts?

Based on Alto Ingredients's last annual report (Dec 2023), the company's revenue was $1.22B, beating the average analysts forecast of $1.2B by 2.11%. Apple's EBITDA was $6.07M, missing the average prediction of $18.58M by -67.33%. The company's net income was $-28.005M, beating the average estimation of $-10.46M by 167.74%. Apple's SG&A was $32.66M, beating the average forecast of $32.35M by 0.97%. Lastly, the company's EPS was $-0.38, beating the average prediction of $-0.142 by 168.24%. In terms of the last quarterly report (Dec 2023), Alto Ingredients's revenue was $273.62M, missing the average analysts' forecast of $292.96M by -6.60%. The company's EBITDA was $-5.35M, missing the average prediction of $4.54M by -217.75%. Alto Ingredients's net income was $-18.945M, beating the average estimation of $-5.907M by 220.73%. The company's SG&A was $8.52M, beating the average forecast of $7.91M by 7.71%. Lastly, the company's EPS was $-0.26, beating the average prediction of $-0.08 by 225.00%