Western Alliance Bancorporation (WAL)
NYSE: WAL · IEX Real-Time Price · USD
59.37
-0.45 (-0.75%)
Apr 24, 2024, 4:00 PM EDT - Market closed
WAL Stock Forecast
Stock Price Forecast
The 16 analysts with 12-month price forecasts for WAL stock have an average target of 70.44, with a low estimate of 41 and a high estimate of 86. The average target predicts an increase of 18.65% from the current stock price of 59.37.
Analyst Consensus: Strong Buy
Analyst Ratings
The average analyst rating for WAL stock from 16 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 | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 4 | 5 | 5 | 5 | 5 | 6 |
| Buy | 7 | 7 | 7 | 7 | 8 | 8 |
| Hold | 2 | 2 | 3 | 3 | 2 | 2 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 13 | 14 | 15 | 15 | 15 | 16 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Barclays | Barclays | Buy Maintains $91 → $86 | Buy | Maintains | $91 → $86 | +44.85% | Apr 23, 2024 |
| Truist Securities | Truist Securities | Strong Buy Maintains $80 → $75 | Strong Buy | Maintains | $80 → $75 | +26.33% | Apr 22, 2024 |
| RBC Capital | RBC Capital | Buy Maintains $78 → $76 | Buy | Maintains | $78 → $76 | +28.01% | Apr 22, 2024 |
| DA Davidson | DA Davidson | Strong Buy Maintains $85 → $78 | Strong Buy | Maintains | $85 → $78 | +31.38% | Apr 22, 2024 |
| Keefe, Bruyette & Woods | Keefe, Bruyette & Woods | Buy Maintains $79 → $74 | Buy | Maintains | $79 → $74 | +24.64% | Apr 22, 2024 |
Financial Forecast
Revenue This Year
2.99B
from 2.56B
Increased by 17.09%
Revenue Next Year
3.28B
from 2.99B
Increased by 9.59%
EPS This Year
7.95
from 6.54
Increased by 21.50%
EPS Next Year
9.52
from 7.95
Increased by 19.84%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 3.2B | 3.6B | 3.8B |
| Avg | 3.0B | 3.3B | 3.7B |
| Low | 2.6B | 3.0B | 3.5B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 25.2% | 21.0% | 17.3% |
| Avg | 17.1% | 9.6% | 12.1% |
| Low | 0.9% | -1.4% | 8.1% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 9.49 | 11.24 | 12.06 |
| Avg | 7.95 | 9.52 | 11.42 |
| Low | 7.06 | 8.60 | 10.79 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 45.1% | 41.4% | 26.7% |
| Avg | 21.5% | 19.8% | 19.9% |
| Low | 7.9% | 8.2% | 13.3% |
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.