Air Lease Corporation (AL)
NYSE: AL · IEX Real-Time Price · USD
46.11
+0.91 (2.01%)
Jun 12, 2024, 3:59 PM EDT - Market closed
Air Lease Stock Forecast
Stock Price Forecast
The 6 analysts with 12-month price forecasts for Air Lease stock have an average target of 54, with a low estimate of 43 and a high estimate of 60. The average target predicts an increase of 17.11% from the current stock price of 46.11.
Analyst Consensus: Buy
* Price targets were last updated on May 7, 2024.
Analyst Ratings
The average analyst rating for Air Lease stock from 6 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 2 | 1 | 2 | 2 |
| Buy | 4 | 4 | 4 | 4 | 3 | 3 |
| Hold | 1 | 1 | 1 | 1 | 1 | 1 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 7 | 7 | 7 | 6 | 6 | 6 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| TD Cowen | TD Cowen | Strong Buy Maintains $59 → $56 | Strong Buy | Maintains | $59 → $56 | +21.45% | May 7, 2024 |
| Barclays | Barclays | Buy Maintains $48 → $55 | Buy | Maintains | $48 → $55 | +19.28% | Apr 16, 2024 |
| BMO Capital | BMO Capital | Buy Maintains $54 → $55 | Buy | Maintains | $54 → $55 | +19.28% | Feb 20, 2024 |
| Barclays | Barclays | Buy Maintains $46 → $48 | Buy | Maintains | $46 → $48 | +4.10% | Jan 25, 2024 |
| BMO Capital | BMO Capital | Buy Initiates $54 | Buy | Initiates | $54 | +17.11% | Jan 10, 2024 |
Financial Forecast
Revenue This Year
2.90B
from 2.68B
Increased by 8.01%
Revenue Next Year
3.20B
from 2.90B
Increased by 10.17%
EPS This Year
4.44
from 5.14
Decreased by -13.68%
EPS Next Year
5.32
from 4.44
Increased by 19.93%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 3.0B | 3.4B | 3.6B |
| Avg | 2.9B | 3.2B | 3.3B |
| Low | 2.6B | 2.9B | 3.1B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 12.5% | 16.6% | 12.9% |
| Avg | 8.0% | 10.2% | 4.7% |
| Low | -2.6% | 0.3% | -3.7% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 4.86 | 6.12 | 6.65 |
| Avg | 4.44 | 5.32 | 5.76 |
| Low | 3.63 | 4.08 | 4.55 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | -5.4% | 38.0% | 24.9% |
| Avg | -13.7% | 19.9% | 8.3% |
| Low | -29.5% | -8.1% | -14.5% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.