Air Lease Corporation (AL)
NYSE: AL · IEX Real-Time Price · USD
47.78
-0.28 (-0.58%)
Jul 12, 2024, 4:00 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 13.02% from the current stock price of 47.78.

Analyst Consensus: Buy
Target Low Average Median High
Price $43 $54 $55 $60
Change -10.00% +13.02% +15.11% +25.58%
* 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 Feb '24Mar '24Apr '24May '24Jun '24Jul '24
Strong Buy 221222
Buy 444333
Hold 111111
Sell 000000
Strong Sell 000000
Total 776666

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 +17.20% May 7, 2024
Barclays
Barclays
Buy
Maintains
$48$55
Buy Maintains $48$55 +15.11% Apr 16, 2024
BMO Capital
BMO Capital
Buy
Maintains
$54$55
Buy Maintains $54$55 +15.11% Feb 20, 2024
Barclays
Barclays
Buy
Maintains
$46$48
Buy Maintains $46$48 +0.46% Jan 25, 2024
BMO Capital
BMO Capital
Buy
Initiates
$54
Buy Initiates $54 +13.02% Jan 10, 2024
More Analyst Ratings

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%
Year 20192020202120222023202420252026
Revenue
2.02B2.02B2.09B2.32B2.68B2.90B3.20B3.35B
Revenue Growth
20.08%-0.07%3.62%10.96%15.87%8.01%10.17%4.69%
EPS
5.094.393.57-1.245.144.445.325.76
EPS Growth
10.65%-13.75%-18.68%---13.68%19.93%8.29%
Forward PE
-----10.778.988.29
No. Analysts -----10106
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 202420252026
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 202420252026
High
12.5%
16.6%
12.9%
Avg
8.0%
10.2%
4.7%
Low
-2.6%
0.3%
-3.7%

EPS Forecast

EPS 202420252026
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 202420252026
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.