This article first appeared on GuruFocus.

Alto Ingredients Inc (NASDAQ:ALTO) is set to release its Q3 2025 earnings on Nov 5, 2025. The consensus estimate for Q3 2025 revenue is $235.68 million, and the earnings are expected to come in at -$0.06 per share. The full year 2025's revenue is expected to be $919.93 million and the earnings are expected to be -$0.40 per share. More detailed estimate data can be found on the Forecast page.

Warning! GuruFocus has detected 7 Warning Signs with ALTO.

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Revenue estimates for Alto Ingredients Inc (NASDAQ:ALTO) have declined from $928.64 million to $919.93 million for the full year 2025 and from $999.78 million to $989.70 million for 2026 over the past 90 days. Earnings estimates have also decreased, from -$0.33 per share to -$0.40 per share for the full year 2025, and from $0.13 per share to -$0.05 per share for 2026 over the same period.

In the previous quarter of 2025-06-30, Alto Ingredients Inc's (NASDAQ:ALTO) actual revenue was $218.44 million, which missed analysts' revenue expectations of $223.61 million by -2.31%. Alto Ingredients Inc's (NASDAQ:ALTO) actual earnings were -$0.15 per share, which missed analysts' earnings expectations of -$0.11 per share by -42.86%. After releasing the results, Alto Ingredients Inc (NASDAQ:ALTO) was down by -3.85% in one day.

Based on the one-year price targets offered by 2 analysts, the average target price for Alto Ingredients Inc (NASDAQ:ALTO) is $4.00 with a high estimate of $5.50 and a low estimate of $2.50. The average target implies an upside of 284.62% from the current price of $1.04.

Based on GuruFocus estimates, the estimated GF Value for Alto Ingredients Inc (NASDAQ:ALTO) in one year is $1.57, suggesting an upside of 50.96% from the current price of $1.04.

Based on the consensus recommendation from 2 brokerage firms, Alto Ingredients Inc's (NASDAQ:ALTO) average brokerage recommendation is currently 2.0, indicating an \\"Outperform\\" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.