Western Alliance Bancorporation (WAL)
NYSE: WAL · Real-Time Price · USD
93.65
+2.37 (2.60%)
Nov 22, 2024, 4:00 PM EST - Market closed
WAL Stock Forecast
Stock Price Forecast
The 14 analysts with 12-month price forecasts for WAL stock have an average target of 91.86, with a low estimate of 74 and a high estimate of 107. The average target predicts a decrease of -1.91% from the current stock price of 93.65.
Analyst Consensus: Strong Buy
Analyst Ratings
The average analyst rating for WAL stock from 14 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
| Rating | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 6 | 5 | 5 | 5 | 5 | 5 |
| Buy | 8 | 8 | 8 | 8 | 8 | 7 |
| Hold | 2 | 2 | 2 | 2 | 2 | 2 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 16 | 15 | 15 | 15 | 15 | 14 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Barclays | Barclays | Buy Maintains $105 → $107 | Buy | Maintains | $105 → $107 | +14.26% | Nov 8, 2024 |
| Barclays | Barclays | Buy Maintains $110 → $105 | Buy | Maintains | $110 → $105 | +12.12% | Oct 22, 2024 |
| Piper Sandler | Piper Sandler | Buy Maintains $102 → $101 | Buy | Maintains | $102 → $101 | +7.85% | Oct 21, 2024 |
| Truist Securities | Truist Securities | Strong Buy Maintains $100 → $95 | Strong Buy | Maintains | $100 → $95 | +1.44% | Oct 21, 2024 |
| JP Morgan | JP Morgan | Buy Maintains $107 → $105 | Buy | Maintains | $107 → $105 | +12.12% | Oct 21, 2024 |
Financial Forecast
Revenue This Year
3.18B
Revenue Next Year
3.44B
from 3.18B
Increased by 8.19%
EPS This Year
7.19
from 6.54
Increased by 9.97%
EPS Next Year
9.07
from 7.19
Increased by 26.14%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 3.3B | 3.7B | 4.2B |
| Avg | 3.2B | 3.4B | 3.8B |
| Low | 3.1B | 3.3B | 3.5B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | - | 16.5% | 21.0% |
| Avg | - | 8.2% | 9.7% |
| Low | - | 2.4% | 2.7% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 7.64 | 10.11 | 12.43 |
| Avg | 7.19 | 9.07 | 10.84 |
| Low | 6.66 | 8.13 | 9.63 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 16.9% | 40.6% | 37.1% |
| Avg | 10.0% | 26.1% | 19.5% |
| Low | 1.9% | 13.1% | 6.2% |
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.