Apollo Global Management (APO) Stock Forecast & Price Target

$124.91

-0.90 (-0.72%)

(As of 09/30/2024 ET)

Apollo Global Management - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Moderate Buy

Based on 19 Analyst Ratings

Sell
0

Hold
5

Buy
14

Based on 19 Wall Street analysts who have issued ratings for Apollo Global Management in the last 12 months, the stock has a consensus rating of "Moderate Buy." Out of the 19 analysts, 5 have given a hold rating, and 14 have given a buy rating for APO.

Consensus Price Target

$129.65
3.79% Upside

According to the 19 analysts' twelve-month price targets for Apollo Global Management, the average price target is $129.65. The highest price target for APO is $153.00, while the lowest price target for APO is $99.00. The average price target represents a forecasted upside of 3.79% from the current price of $124.91.

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APO Analyst Ratings Over Time

Type	Current Forecast 10/2/23 to 10/1/24	1 Month Ago 9/2/23 to 9/1/24	3 Months Ago 7/4/23 to 7/3/24	1 Year Ago 10/2/22 to 10/2/23
Strong Buy	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)
Buy	14 Buy rating(s)	13 Buy rating(s)	10 Buy rating(s)	9 Buy rating(s)
Hold	5 Hold rating(s)	5 Hold rating(s)	4 Hold rating(s)	3 Hold rating(s)
Sell	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)
Consensus Price Target	$129.65	$128.19	$115.62	$85.38
Forecasted Upside	3.79% Upside	10.76% Upside	-3.49% Downside	-4.72% Downside
Consensus Rating	Moderate Buy	Moderate Buy	Moderate Buy	Moderate Buy

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APO Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.

APO Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.

Apollo Global Management Stock vs. The Competition

Type	Apollo Global Management	Finance Companies	S&P 500
Consensus Rating Score	2.74	2.46	2.50
Consensus Rating	Moderate Buy	Hold	Hold
Predicted Upside	3.79% Upside	12.78% Upside	6.15% Upside
News Sentiment Rating	Neutral News See Recent APO News	Positive News	Positive News

Recent Analyst Forecasts and Stock Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export to Excel

Date	Brokerage	Analyst Name	Action	Rating	Price Target	Upside/Downside on Report Date
9/25/2024	Wolfe Research 3 of 5 stars	S. Chubak Subscribe to MarketBeat All Access for the recommendation accuracy rating	Initiated Coverage	Outperform	$139.00	+11.15%
9/12/2024	Wells Fargo & Company 3 of 5 stars	M. Brown Subscribe to MarketBeat All Access for the recommendation accuracy rating	Initiated Coverage	Overweight	$132.00	+21.52%
8/27/2024	Redburn Atlantic 0 of 5 stars	N. Watts Subscribe to MarketBeat All Access for the recommendation accuracy rating	Initiated Coverage	Buy	$153.00	+36.69%
8/27/2024	Redburn Partners Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Buy	$153.00	+36.69%
8/20/2024	Argus Subscribe to MarketBeat All Access for the recommendation accuracy rating	S. Biggar Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target	Buy ➝ Buy	$135.00 ➝ $125.00	+12.52%
8/15/2024	Deutsche Bank Aktiengesellschaft Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Buy ➝ Buy	$129.00 ➝ $124.00	+12.15%
Get the Latest News and Ratings for APO and Related Stocks Enter your email address below to receive the latest news and analysts' ratings for Apollo Global Management and its competitors with MarketBeat's FREE daily newsletter.
8/6/2024	Bank of America Subscribe to MarketBeat All Access for the recommendation accuracy rating		Upgrade	Neutral ➝ Buy	$124.00 ➝ $123.00	+24.05%
8/2/2024	Barclays Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Overweight ➝ Overweight	$131.00 ➝ $128.00	+21.37%
7/15/2024	Evercore ISI Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Outperform ➝ Outperform	$128.00 ➝ $130.00	+7.39%
7/12/2024	Keefe, Bruyette & Woods Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Outperform ➝ Outperform	$134.00 ➝ $141.00	+16.43%
7/10/2024	UBS Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Neutral ➝ Neutral	$116.00 ➝ $123.00	+4.90%
7/8/2024	TD Cowen Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Buy ➝ Buy	$146.00 ➝ $147.00	+26.15%
5/9/2024	Jefferies Financial Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Hold ➝ Hold	$119.00 ➝ $117.00	+4.45%
4/24/2024	JPMorgan Chase & Co. Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Overweight ➝ Overweight	$122.00 ➝ $123.00	+8.89%
4/9/2024	JMP Securities Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Market Perform
4/5/2024	BMO Capital Markets Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Outperform ➝ Outperform	$111.00 ➝ $122.00	+8.60%
2/13/2024	Citigroup Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Buy ➝ Buy	$111.00 ➝ $125.00	+13.95%
1/24/2024	Morgan Stanley Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Equal Weight ➝ Equal Weight	$94.00 ➝ $99.00	+0.92%
10/9/2023	Oppenheimer Subscribe to MarketBeat All Access for the recommendation accuracy rating		Downgrade	Outperform ➝ Market Perform
8/4/2023	The Goldman Sachs Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Buy ➝ Buy	$86.00 ➝ $98.00	+14.15%
10/18/2022	Credit Suisse Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Outperform	$59.50	+18.41%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Tuesday at 05:39 AM ET.

Should I Buy Apollo Global Management Stock? APO Pros and Cons Explained

These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Sunday, September 29, 2024. Please send any questions or comments about these Apollo Global Management pros and cons to contact@marketbeat.com.

Apollo Global Management
Bull Case

Here are some ways that investors could benefit from investing in Apollo Global Management, Inc.:

Apollo Global Management has consistently shown a strong net margin of 21.90%, indicating efficient cost management and profitability.
The company has a solid return on equity of 16.98%, reflecting its ability to generate profit from shareholders' equity.
Recent insider buying activity, such as Director Pauline Richards acquiring shares, can signal confidence in the company's future performance.
Analysts have given Apollo Global Management a "Moderate Buy" consensus rating with an average target price of $128.19, suggesting potential for stock price appreciation.
With a dividend payout ratio of 20.49% and a dividend yield of 1.71%, the company offers a steady income stream to investors.

Apollo Global Management
Bear Case

Investors should be bearish about investing in Apollo Global Management, Inc. for these reasons:

Despite positive aspects, the stock price of Apollo Global Management has experienced volatility, with a 52-week range from $77.11 to $126.93, indicating potential risks for investors.
While the company has strong financial metrics, there may be concerns about the impact of market fluctuations on its performance and stock price.
Some analysts have issued a "sell" rating on the stock, suggesting differing opinions on the future prospects of Apollo Global Management.
Investors should carefully consider the potential impact of macroeconomic factors on Apollo Global Management's investments in credit, private equity, and real estate markets.
Given the recent dividend cut by the company, investors seeking high dividend yields may find Apollo Global Management less attractive compared to other dividend-paying stocks.

APO Forecast - Frequently Asked Questions

: According to the research reports of 19 Wall Street equities research analysts, the average twelve-month stock price forecast for Apollo Global Management is $129.65, with a high forecast of $153.00 and a low forecast of $99.00.
: 19 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Apollo Global Management in the last twelve months. There are currently 5 hold ratings and 14 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" APO shares.
: According to analysts, Apollo Global Management's stock has a predicted upside of 3.79% based on their 12-month stock forecasts.
: Over the previous 90 days, Apollo Global Management's stock had 1 upgrade by analysts.
: Apollo Global Management has been rated by research analysts at Argus, Bank of America, Barclays, Deutsche Bank Aktiengesellschaft, Evercore ISI, Keefe, Bruyette & Woods, Redburn Atlantic, Redburn Partners, TD Cowen, UBS Group, Wells Fargo & Company, and Wolfe Research in the past 90 days.
: Analysts like Apollo Global Management more than other "finance" companies. The consensus rating for Apollo Global Management is Moderate Buy while the average consensus rating for "finance" companies is Hold. Learn more on how APO compares to other companies.

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This page (NYSE:APO) was last updated on 10/1/2024 by MarketBeat.com Staff

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