Apollo Commercial Real Estate Finance, Inc. (ARI)

ARI Stock Forecast

Stock Price Forecast

The 3 analysts that cover ARI stock have a consensus rating of "Buy" and an average price target of $10.83, which forecasts a 6.70% increase in the stock price over the next year. The lowest target is $10.5 and the highest is $11.

Price Target: $10.83 (+6.70%)

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$10.5	$10.83	$11	$11
Change	+3.45%	+6.70%	+8.37%	+8.37%

* Price targets were last updated on Nov 3, 2025.

Analyst Ratings

The average analyst rating for ARI stock is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating	Aug '25	Sep '25	Oct '25	Nov '25	Dec '25	Jan '26
Strong Buy	0	0	0	0	0	0
Buy	1	1	2	2	2	2
Hold	4	4	2	2	2	2
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	5	5	4	4	4	4

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Richard Shane JP Morgan	JP Morgan	Buy Maintains $11 → $11	Buy	Maintains	$11 → $11	+8.37%	Nov 3, 2025
Richard Shane JP Morgan	JP Morgan	Hold → Buy Upgrades $10 → $11	Hold → Buy	Upgrades	$10 → $11	+3.45%	Oct 20, 2025
Jade Rahmani Keefe, Bruyette & Woods	Keefe, Bruyette & Woods	Buy Maintains $11 → $11	Buy	Maintains	$11 → $11	+8.37%	Oct 9, 2025
Douglas Harter UBS	UBS	Hold Maintains $10 → $11	Hold	Maintains	$10 → $11	+3.45%	Jul 15, 2025
Jade Rahmani Keefe, Bruyette & Woods	Keefe, Bruyette & Woods	Buy Maintains $11 → $11	Buy	Maintains	$11 → $11	+5.91%	Jul 10, 2025

More Analyst Ratings

Financial Forecast

Revenue This Year

182.58M

Increased by 23.46%

from 147.89M

Revenue Next Year

211.85M

Increased by 16.03%

from 182.58M

EPS This Year

0.90

from -0.97

EPS Next Year

0.95

Increased by 4.87%

from 0.90

Fiscal Year	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026
Revenue	113.70M	319.28M	321.26M	285.16M	147.89M	182.58M	211.85M
Revenue Growth	-62.10%	180.82%	0.62%	-11.24%	-48.14%	23.46%	16.03%
EPS	0.01	1.46	1.68	0.29	-0.97	0.90	0.95
EPS Growth	-99.32%	15,251.49%	15.33%	-82.76%	-	-	4.87%
Forward PE	-	-	-	-	-	11.24	10.72
No. Analysts	-	-	-	-	-	7	6

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2025	2026	2027
High	210.4M	281.4M
Avg	182.6M	211.9M
Low	166.6M	178.4M

Revenue Growth

Revenue Growth	2025	2026	2027
High	42.3%	54.1%
Avg	23.5%	16.0%
Low	12.7%	-2.3%

EPS Forecast

EPS	2025	2026	2027
High	1.08	1.13
Avg	0.90	0.95
Low	0.58	0.54

EPS Growth

EPS Growth	2025	2026	2027
High	-	25.6%
Avg	-	4.9%
Low	-	-40.3%

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.