Ares Management Corporation (ARES)
NYSE: ARES · Real-Time Price · USD
171.89
+1.54 (0.90%)
Nov 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 164, with a low estimate of 126 and a high estimate of 195. The average target predicts a decrease of -4.59% from the current stock price of 171.89.

Analyst Consensus: Buy
Target Low Average Median High
Price $126 $164 $162 $195
Change -26.70% -4.59% -5.75% +13.44%

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 Jun '24Jul '24Aug '24Sep '24Oct '24Nov '24
Strong Buy 223455
Buy 333333
Hold 865666
Sell 000000
Strong Sell 000000
Total 131111131414

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Deutsche Bank
Deutsche Bank
Hold
Maintains
$146$150
Hold Maintains $146$150 -12.73% Nov 11, 2024
JP Morgan
JP Morgan
Buy
Maintains
$176$174
Buy Maintains $176$174 +1.23% Nov 5, 2024
Deutsche Bank
Deutsche Bank
Hold
Maintains
$148$146
Hold Maintains $148$146 -15.06% Nov 4, 2024
TD Cowen
TD Cowen
Strong Buy
Maintains
$184$187
Strong Buy Maintains $184$187 +8.79% Nov 4, 2024
RBC Capital
RBC Capital
Buy
Maintains
$170$185
Buy Maintains $170$185 +7.63% Nov 4, 2024
More Analyst Ratings

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
4.18
from 2.42
Increased by 72.62%
EPS Next Year
5.72
from 4.18
Increased by 36.74%
Fiscal Year FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026
Period Ending Dec 31, 2019 Dec 31, 2020 Dec 31, 2021 Dec 31, 2022 Dec 31, 2023 Dec 31, 2024 Dec 31, 2025 Dec 31, 2026
Revenue
1.77B1.76B4.21B3.06B3.63B3.64B4.85B6.05B
Revenue Growth
84.20%-0.08%138.77%-27.46%18.87%0.31%33.19%24.63%
EPS
1.060.872.150.872.424.185.727.00
EPS Growth
259.07%-17.77%146.11%-59.28%177.12%72.62%36.74%22.42%
Forward PE
-----41.1030.0624.55
No. Analysts -----161613
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 202420252026
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 202420252026
High
10.4%
50.3%
40.3%
Avg
0.3%
33.2%
24.6%
Low
-8.5%
12.7%
6.9%

EPS Forecast

EPS 202420252026
High 4.53 6.77 8.45
Avg 4.18 5.72 7.00
Low 3.88 4.93 6.25

EPS Growth

EPS Growth 202420252026
High
86.8%
61.9%
47.8%
Avg
72.6%
36.7%
22.4%
Low
60.2%
17.9%
9.3%
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.