Western Alliance Bancorporation (WAL)
NYSE: WAL · Real-Time Price · USD
83.94
-0.82 (-0.97%)
At close: Oct 29, 2024, 4:00 PM
84.69
+0.75 (0.89%)
After-hours: Oct 29, 2024, 7:39 PM EDT
WAL Stock Forecast
Stock Price Forecast
The 14 analysts with 12-month price forecasts for WAL stock have an average target of 91.71, with a low estimate of 74 and a high estimate of 105. The average target predicts an increase of 9.26% from the current stock price of 83.94.
Analyst Consensus: Strong Buy
Analyst Ratings
The average analyst rating for WAL stock from 14 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
| Rating | May '24 | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 6 | 6 | 5 | 5 | 5 | 5 |
| Buy | 8 | 8 | 8 | 8 | 8 | 7 |
| Hold | 2 | 2 | 2 | 2 | 2 | 2 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 16 | 16 | 15 | 15 | 15 | 14 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Barclays | Barclays | Buy Maintains $110 → $105 | Buy | Maintains | $110 → $105 | +25.09% | Oct 22, 2024 |
| Piper Sandler | Piper Sandler | Buy Maintains $102 → $101 | Buy | Maintains | $102 → $101 | +20.32% | Oct 21, 2024 |
| Truist Securities | Truist Securities | Strong Buy Maintains $100 → $95 | Strong Buy | Maintains | $100 → $95 | +13.18% | Oct 21, 2024 |
| JP Morgan | JP Morgan | Buy Maintains $107 → $105 | Buy | Maintains | $107 → $105 | +25.09% | Oct 21, 2024 |
| Stephens & Co. | Stephens & Co. | Buy Reiterates $102 | Buy | Reiterates | $102 | +21.52% | Oct 18, 2024 |
Financial Forecast
Revenue This Year
3.17B
Revenue Next Year
3.50B
from 3.17B
Increased by 10.40%
EPS This Year
7.46
from 6.54
Increased by 14.01%
EPS Next Year
9.43
from 7.46
Increased by 26.41%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 3.4B | 3.8B | 4.1B |
| Avg | 3.2B | 3.5B | 3.8B |
| Low | 3.0B | 3.3B | 3.4B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | - | 20.4% | 18.0% |
| Avg | - | 10.4% | 7.6% |
| Low | - | 2.5% | -1.9% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 7.96 | 10.62 | 14.04 |
| Avg | 7.46 | 9.43 | 12.42 |
| Low | 7.09 | 8.59 | 10.35 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 21.7% | 42.4% | 48.9% |
| Avg | 14.0% | 26.4% | 31.8% |
| Low | 8.4% | 15.3% | 9.8% |
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.