Western Alliance Bancorporation (WAL)
NYSE: WAL · Real-Time Price · USD
85.36
+1.17 (1.39%)
Sep 26, 2024, 4:00 PM EDT - Market closed
WAL Stock Forecast
Stock Price Forecast
The 15 analysts with 12-month price forecasts for WAL stock have an average target of 86.33, with a low estimate of 59 and a high estimate of 105. The average target predicts an increase of 1.14% from the current stock price of 85.36.
Analyst Consensus: Strong Buy
Analyst Ratings
The average analyst rating for WAL stock from 15 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 | Apr '24 | May '24 | Jun '24 | Jul '24 | Aug '24 | Sep '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 6 | 6 | 6 | 5 | 5 | 5 |
| Buy | 8 | 8 | 8 | 8 | 8 | 8 |
| Hold | 2 | 2 | 2 | 2 | 2 | 2 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 16 | 16 | 16 | 15 | 15 | 15 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Wedbush | Wedbush | Buy Maintains $90 → $105 | Buy | Maintains | $90 → $105 | +23.01% | Sep 24, 2024 |
| Truist Securities | Truist Securities | Strong Buy Maintains $88 → $100 | Strong Buy | Maintains | $88 → $100 | +17.15% | Sep 20, 2024 |
| JP Morgan | JP Morgan | Buy Maintains $80 → $100 | Buy | Maintains | $80 → $100 | +17.15% | Jul 23, 2024 |
| Deutsche Bank | Deutsche Bank | Hold Maintains $62 → $83 | Hold | Maintains | $62 → $83 | -2.76% | Jul 23, 2024 |
| B of A Securities | B of A Securities | Strong Buy Maintains $82 → $98 | Strong Buy | Maintains | $82 → $98 | +14.81% | Jul 22, 2024 |
Financial Forecast
Revenue This Year
3.17B
Revenue Next Year
3.51B
from 3.17B
Increased by 10.72%
EPS This Year
7.46
from 6.54
Increased by 14.01%
EPS Next Year
9.43
from 7.46
Increased by 26.41%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 3.4B | 3.8B | 4.1B |
| Avg | 3.2B | 3.5B | 3.9B |
| Low | 3.0B | 3.3B | 3.7B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | - | 20.4% | 17.6% |
| Avg | - | 10.7% | 10.5% |
| Low | - | 4.6% | 4.6% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 7.96 | 10.62 | 14.04 |
| Avg | 7.46 | 9.43 | 12.42 |
| Low | 7.09 | 8.59 | 10.35 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 21.7% | 42.4% | 48.9% |
| Avg | 14.0% | 26.4% | 31.8% |
| Low | 8.4% | 15.3% | 9.8% |
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.