Ares Management Corporation (ARES)
NYSE: ARES · IEX Real-Time Price · USD
135.45
-0.75 (-0.55%)
Jul 2, 2024, 4:00 PM EDT - Market closed
Ares Management Stock Forecast
Stock Price Forecast
The 12 analysts with 12-month price forecasts for Ares Management stock have an average target of 130.75, with a low estimate of 96 and a high estimate of 171. The average target predicts a decrease of -3.47% from the current stock price of 135.45.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for ARES stock from 13 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 | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 2 | 1 | 3 | 2 |
| Buy | 4 | 3 | 3 | 3 | 3 | 3 |
| Hold | 7 | 7 | 7 | 7 | 7 | 8 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 13 | 12 | 12 | 11 | 13 | 13 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Deutsche Bank | Deutsche Bank | Hold Initiates $132 | Hold | Initiates | $132 | -2.55% | Jun 13, 2024 |
| Deutsche Bank | Deutsche Bank | Strong Buy Initiates $176 | Strong Buy | Initiates | $176 | +29.94% | May 28, 2024 |
| RBC Capital | RBC Capital | Buy Reiterates $150 | Buy | Reiterates | $150 | +10.74% | May 22, 2024 |
| TD Cowen | TD Cowen | Strong Buy Maintains $154 → $171 | Strong Buy | Maintains | $154 → $171 | +26.25% | May 22, 2024 |
| Jefferies | Jefferies | Hold Maintains $131 → $127 | Hold | Maintains | $131 → $127 | -6.24% | May 9, 2024 |
Financial Forecast
Revenue This Year
3.80B
from 3.63B
Increased by 4.57%
Revenue Next Year
4.87B
from 3.80B
Increased by 28.28%
EPS This Year
4.41
from 2.42
Increased by 82.13%
EPS Next Year
6.16
from 4.41
Increased by 39.79%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 4.1B | 5.5B | 7.0B |
| Avg | 3.8B | 4.9B | 6.1B |
| Low | 3.5B | 4.1B | 5.2B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 13.4% | 45.8% | 42.7% |
| Avg | 4.6% | 28.3% | 25.8% |
| Low | -4.7% | 8.1% | 6.7% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 4.84 | 6.88 | 8.91 |
| Avg | 4.41 | 6.16 | 7.59 |
| Low | 4.07 | 5.57 | 6.55 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 100.0% | 56.0% | 44.7% |
| Avg | 82.1% | 39.8% | 23.3% |
| Low | 68.2% | 26.3% | 6.3% |
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.