Ares Management Corporation (ARES)
NYSE: ARES · IEX Real-Time Price · USD
133.73
-2.22 (-1.63%)
Apr 25, 2024, 4:00 PM EDT - Market closed
Ares Management Stock Forecast
Stock Price Forecast
The 10 analysts with 12-month price forecasts for Ares Management stock have an average target of 125.9, with a low estimate of 96 and a high estimate of 160. The average target predicts a decrease of -5.86% from the current stock price of 133.73.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for ARES stock from 11 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 | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 2 | 2 | 2 | 1 |
| Buy | 4 | 4 | 4 | 4 | 4 | 3 |
| Hold | 6 | 6 | 7 | 7 | 7 | 7 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 12 | 12 | 13 | 13 | 13 | 11 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| UBS | UBS | Strong Buy Maintains $156 → $160 | Strong Buy | Maintains | $156 → $160 | +19.64% | Apr 12, 2024 |
| JMP Securities | JMP Securities | Hold Reiterates n/a | Hold | Reiterates | n/a | n/a | Apr 9, 2024 |
| Barclays | Barclays | Buy Maintains $157 → $153 | Buy | Maintains | $157 → $153 | +14.41% | Apr 8, 2024 |
| Barclays | Barclays | Buy Maintains $146 → $157 | Buy | Maintains | $146 → $157 | +17.40% | Feb 12, 2024 |
| RBC Capital | RBC Capital | Buy Maintains $135 → $145 | Buy | Maintains | $135 → $145 | +8.43% | Feb 12, 2024 |
Financial Forecast
Revenue This Year
4.01B
from 3.63B
Increased by 10.27%
Revenue Next Year
5.13B
from 4.01B
Increased by 28.11%
EPS This Year
4.70
from 2.42
Increased by 94.13%
EPS Next Year
6.22
from 4.70
Increased by 32.40%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 4.4B | 5.8B | 6.8B |
| Avg | 4.0B | 5.1B | 6.2B |
| Low | 3.5B | 4.4B | 5.1B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 21.5% | 44.4% | 32.2% |
| Avg | 10.3% | 28.1% | 20.3% |
| Low | -5.0% | 8.9% | -0.7% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 5.16 | 6.83 | 8.26 |
| Avg | 4.70 | 6.22 | 7.54 |
| Low | 4.27 | 5.70 | 6.26 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 113.0% | 45.3% | 32.9% |
| Avg | 94.1% | 32.4% | 21.3% |
| Low | 76.6% | 21.4% | 0.7% |
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.