Air Lease Corporation (AL)
NYSE: AL · Real-Time Price · USD
44.24
+0.28 (0.64%)
At close: Oct 22, 2024, 4:00 PM
44.18
-0.06 (-0.14%)
Pre-market: Oct 23, 2024, 5:32 AM EDT
Air Lease Stock Forecast
Stock Price Forecast
The 4 analysts with 12-month price forecasts for Air Lease stock have an average target of 54.25, with a low estimate of 52 and a high estimate of 56. The average target predicts an increase of 22.63% from the current stock price of 44.24.
Analyst Consensus: Strong Buy
* Price targets were last updated on Aug 5, 2024.
Analyst Ratings
The average analyst rating for Air Lease stock from 4 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 | May '24 | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 2 | 2 | 2 | 1 |
| Buy | 3 | 3 | 3 | 3 | 3 | 3 |
| Hold | 1 | 1 | 1 | 1 | 1 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 6 | 6 | 6 | 6 | 6 | 4 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| JP Morgan | JP Morgan | Buy Maintains $54 → $52 | Buy | Maintains | $54 → $52 | +17.54% | Aug 5, 2024 |
| Barclays | Barclays | Buy Maintains $55 → $54 | Buy | Maintains | $55 → $54 | +22.06% | Aug 2, 2024 |
| TD Cowen | TD Cowen | Strong Buy Maintains $59 → $56 | Strong Buy | Maintains | $59 → $56 | +26.58% | May 7, 2024 |
| Barclays | Barclays | Buy Maintains $48 → $55 | Buy | Maintains | $48 → $55 | +24.32% | Apr 16, 2024 |
| BMO Capital | BMO Capital | Buy Maintains $54 → $55 | Buy | Maintains | $54 → $55 | +24.32% | Feb 20, 2024 |
Financial Forecast
Revenue This Year
2.79B
from 2.68B
Increased by 3.87%
Revenue Next Year
3.13B
from 2.79B
Increased by 12.19%
EPS This Year
3.54
from 5.14
Decreased by -31.05%
EPS Next Year
4.76
from 3.54
Increased by 34.28%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 2.9B | 3.3B | 3.3B |
| Avg | 2.8B | 3.1B | 3.3B |
| Low | 2.5B | 2.9B | 3.1B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 7.4% | 19.0% | 6.9% |
| Avg | 3.9% | 12.2% | 4.2% |
| Low | -5.3% | 2.7% | -1.6% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 3.74 | 5.05 | 5.43 |
| Avg | 3.54 | 4.76 | 5.27 |
| Low | 3.27 | 4.23 | 4.97 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | -27.3% | 42.5% | 14.1% |
| Avg | -31.1% | 34.3% | 10.8% |
| Low | -36.3% | 19.4% | 4.4% |
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.