Ares Management Corporation (ARES)
NYSE: ARES · Real-Time Price · USD
176.04
+4.96 (2.90%)
Dec 20, 2024, 4:00 PM EST - Market closed
Ares Management Stock Forecast
Stock Price Forecast
The 13 analysts with 12-month price forecasts for Ares Management stock have an average target of 166, with a low estimate of 126 and a high estimate of 202. The average target predicts a decrease of -5.70% from the current stock price of 176.04.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for ARES stock from 14 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 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 | Dec '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 3 | 4 | 5 | 5 | 5 |
| Buy | 3 | 3 | 3 | 3 | 3 | 4 |
| Hold | 6 | 5 | 6 | 6 | 6 | 5 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 11 | 11 | 13 | 14 | 14 | 14 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Keefe, Bruyette & Woods | Keefe, Bruyette & Woods | Hold → Buy Upgrades $166 → $202 | Hold → Buy | Upgrades | $166 → $202 | +14.75% | Dec 20, 2024 |
| Wells Fargo | Wells Fargo | Hold → Buy Upgrades $176 → $212 | Hold → Buy | Upgrades | $176 → $212 | +20.43% | Dec 12, 2024 |
| Deutsche Bank | Deutsche Bank | Hold Maintains $146 → $150 | Hold | Maintains | $146 → $150 | -14.79% | Nov 11, 2024 |
| JP Morgan | JP Morgan | Buy Maintains $176 → $174 | Buy | Maintains | $176 → $174 | -1.16% | Nov 5, 2024 |
| Deutsche Bank | Deutsche Bank | Hold Maintains $148 → $146 | Hold | Maintains | $148 → $146 | -17.06% | Nov 4, 2024 |
Financial Forecast
Revenue This Year
3.64B
from 3.63B
Increased by 0.31%
Revenue Next Year
4.85B
from 3.64B
Increased by 33.19%
EPS This Year
4.16
from 2.42
Increased by 71.61%
EPS Next Year
5.71
from 4.16
Increased by 37.39%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 4.0B | 5.5B | 6.8B |
| Avg | 3.6B | 4.9B | 6.0B |
| Low | 3.3B | 4.1B | 5.2B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 10.4% | 50.3% | 40.3% |
| Avg | 0.3% | 33.2% | 24.6% |
| Low | -8.5% | 12.7% | 6.9% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 4.53 | 6.77 | 8.45 |
| Avg | 4.16 | 5.71 | 7.02 |
| Low | 3.88 | 4.95 | 6.25 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 86.8% | 62.9% | 48.0% |
| Avg | 71.6% | 37.4% | 22.8% |
| Low | 60.2% | 19.0% | 9.5% |
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.