Air Lease (AL) Stock Forecast, Price Target & Predictions
AL Stock Forecast
Air Lease stock forecast is as follows: an average price target of $59.50 (represents a 22.50% upside from AL’s last price of $48.57) and a rating consensus of 'Buy', based on 3 wall street analysts offering a 1-year stock forecast.
AL Price Target
The average price target for Air Lease (AL) is $59.50 based on 1-year price targets from 3 Wall Street analysts in the past 3 months, with a price target range of $65.00 to $54.00. This represents a potential 22.50% upside from AL's last price of $48.57.
AL Analyst Ratings
According to 3 Wall Street analysts, Air Lease's rating consensus is 'Buy'. The analyst rating breakdown for AL stock is 0 'Strong Buy' (0.00%), 2 'Buy' (66.67%), 1 'Hold' (33.33%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
Air Lease Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Nov 21, 2024 | Catherine O’Brien | Goldman Sachs | $65.00 | $42.99 | 51.20% | 33.83% |
| Aug 02, 2024 | Terry Ma | Barclays | $54.00 | $47.71 | 13.18% | 11.18% |
| Apr 16, 2024 | Terry Ma | Barclays | $55.00 | $48.22 | 14.06% | 13.24% |
The latest Air Lease stock forecast, released on Nov 21, 2024 by Catherine O’Brien from Goldman Sachs, set a price target of $65.00, which represents a 51.20% increase from the stock price at the time of the forecast ($42.99), and a 33.83% increase from AL last price ($48.57).
Air Lease Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | 1 | 1 | 3 |
| Avg Price Target | $65.00 | $65.00 | $58.00 |
| Last Closing Price | $48.57 | $48.57 | $48.57 |
| Upside/Downside | 33.83% | 33.83% | 19.42% |
In the current month, the average price target of Air Lease stock is $65.00, according to 1 Wall Street analyst offering twelve months forecast. The average price target represents a 33.83% increase as opposed to Air Lease's last price of $48.57. This month's average price target is down 0.00% compared to last quarter, and up 12.07% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Oct 01, 2024 | Oppenheimer | Underperform | Underperform | Hold |
| Aug 02, 2024 | Barclays | Overweight | Overweight | Hold |
| May 07, 2024 | Cowen & Co. | Buy | Buy | Hold |
| Apr 16, 2024 | Barclays | Overweight | Overweight | Hold |
| Mar 13, 2024 | Oppenheimer | Underperform | Underperform | Hold |
| Feb 16, 2024 | Deutsche Bank | Underperform | Underperform | Hold |
| Jan 25, 2024 | JMP Securities | Underperform | Underperform | Hold |
| Jan 09, 2024 | Deutsche Bank | Underperform | Underperform | Hold |
| Apr 26, 2022 | Zacks Investment Research | Hold | Downgrade |
Air Lease's last stock rating was published by Oppenheimer on Oct 01, 2024. The company gave AL a "Underperform" rating, the same as its previous rate.
Air Lease Financial Forecast
Air Lease Revenue Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | $716.57M | $659.36M | $672.90M | $636.14M | $601.61M | $561.33M | $557.70M | $596.66M | $597.18M | $524.51M | $491.88M | $474.83M | $489.10M | $493.60M | $521.35M | $511.39M | $548.56M | $530.90M |
| Avg Forecast | $827.30M | $809.72M | $823.39M | $796.67M | $790.79M | $765.80M | $746.90M | $728.76M | $706.76M | $675.93M | $684.88M | $677.26M | $674.45M | $657.71M | $659.94M | $611.13M | $591.69M | $576.68M | $542.31M | $550.01M | $530.66M | $484.66M | $498.70M | $501.41M | $488.58M | $503.79M | $497.59M | $517.65M | $538.70M | $517.76M |
| High Forecast | $830.60M | $812.96M | $826.68M | $799.85M | $793.95M | $768.86M | $749.88M | $731.67M | $707.24M | $680.94M | $684.88M | $677.28M | $676.20M | $684.37M | $662.58M | $613.57M | $594.06M | $576.68M | $542.31M | $550.01M | $530.66M | $484.66M | $498.70M | $501.41M | $488.58M | $503.79M | $497.59M | $517.65M | $538.70M | $517.76M |
| Low Forecast | $822.50M | $805.03M | $818.62M | $792.05M | $786.21M | $761.36M | $742.58M | $724.54M | $706.29M | $670.93M | $684.88M | $677.25M | $672.96M | $644.24M | $656.12M | $607.59M | $588.27M | $576.68M | $542.31M | $550.01M | $530.66M | $484.66M | $498.70M | $501.41M | $488.58M | $503.79M | $497.59M | $517.65M | $538.70M | $517.76M |
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 1 | 1 | 1 | 3 | 6 | 3 | 3 | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 3 | 3 | 5 | 9 | 6 | 4 | 4 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 1.06% | 1.00% | 1.02% | 1.04% | 1.02% | 0.97% | 1.03% | 1.08% | 1.13% | 1.08% | 0.99% | 0.95% | 1.00% | 0.98% | 1.05% | 0.99% | 1.02% | 1.03% |
Air Lease's average Quarter revenue forecast for Mar 24 based on 1 analysts is $677.26M, with a low forecast of $677.25M, and a high forecast of $677.28M. AL's average Quarter revenue forecast represents a -5.49% decrease compared to the company's last Quarter revenue of $716.57M (Dec 23).
Air Lease EBITDA Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 1 | 1 | 1 | 3 | 6 | 3 | 3 | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 3 | 3 | 5 | 9 | 6 | 4 | 4 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | $486.13M | $349.20M | $358.49M | $431.02M | $162.78M | $393.50M | $393.63M | $449.14M | $432.71M | $372.08M | $344.89M | $324.52M | $351.91M | $359.21M | $388.18M | $371.10M | $404.64M | $386.65M |
| Avg Forecast | $572.23M | $560.07M | $569.52M | $551.04M | $546.98M | $529.69M | $516.62M | $504.07M | $488.86M | $467.53M | $473.72M | $-1.70T | $466.51M | $454.93M | $456.47M | $-1.82T | $264.94M | $409.86M | $385.44M | $-1.95T | $377.16M | $344.46M | $354.44M | $409.92M | $347.25M | $358.06M | $353.65M | $501.98M | $382.87M | $367.99M |
| High Forecast | $574.51M | $562.31M | $571.80M | $553.24M | $549.16M | $531.81M | $518.68M | $506.08M | $489.19M | $470.99M | $473.72M | $-1.36T | $467.72M | $473.37M | $458.29M | $-1.46T | $317.93M | $409.86M | $385.44M | $-1.56T | $377.16M | $344.46M | $354.44M | $491.90M | $347.25M | $358.06M | $353.65M | $602.38M | $382.87M | $367.99M |
| Low Forecast | $568.91M | $556.83M | $566.22M | $547.85M | $543.81M | $526.62M | $513.63M | $501.15M | $488.53M | $464.07M | $473.72M | $-2.04T | $465.48M | $445.61M | $453.82M | $-2.19T | $211.96M | $409.86M | $385.44M | $-2.34T | $377.16M | $344.46M | $354.44M | $327.93M | $347.25M | $358.06M | $353.65M | $401.59M | $382.87M | $367.99M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 1.04% | 0.77% | 0.79% | -0.00% | 0.61% | 0.96% | 1.02% | -0.00% | 1.15% | 1.08% | 0.97% | 0.79% | 1.01% | 1.00% | 1.10% | 0.74% | 1.06% | 1.05% |
1 analysts predict AL's average Quarter EBITDA for Mar 24 to be $-1.70T, with a high of $-1.36T and a low of $-2.04T. This is -350579.44% lower than Air Lease's previous annual EBITDA (Dec 23) of $486.13M.
Air Lease Net Income Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 1 | 1 | 1 | 3 | 6 | 3 | 3 | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 3 | 3 | 5 | 9 | 6 | 4 | 4 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | $210.63M | $132.45M | $121.98M | $128.72M | $145.31M | $110.38M | $116.28M | $-468.99M | $151.78M | $107.34M | $93.42M | $84.09M | $111.09M | $120.39M | $147.63M | $137.15M | $164.94M | $155.79M |
| Avg Forecast | $138.42M | $127.34M | $143.74M | $129.27M | $125.22M | $122.24M | $117.39M | $109.20M | $87.33M | $88.32M | $103.54M | $-2.36T | $125.57M | $114.65M | $124.26M | $-2.52T | $92.93M | $102.48M | $96.44M | $-2.70T | $94.29M | $77.61M | $89.91M | $106.22M | $86.09M | $118.10M | $113.95M | $143.84M | $151.76M | $145.76M |
| High Forecast | $139.14M | $128.01M | $144.48M | $129.94M | $125.87M | $122.87M | $118.00M | $109.76M | $88.07M | $91.56M | $103.55M | $-1.89T | $135.85M | $132.12M | $124.90M | $-2.02T | $111.52M | $102.48M | $96.44M | $-2.16T | $94.29M | $77.61M | $89.91M | $127.47M | $86.09M | $118.10M | $113.95M | $172.61M | $151.76M | $145.76M |
| Low Forecast | $137.38M | $126.39M | $142.65M | $128.29M | $124.28M | $121.32M | $116.51M | $108.37M | $85.84M | $85.07M | $103.54M | $-2.83T | $119.87M | $98.27M | $123.32M | $-3.03T | $74.35M | $102.48M | $96.44M | $-3.24T | $94.29M | $77.61M | $89.91M | $84.98M | $86.09M | $118.10M | $113.95M | $115.07M | $151.76M | $145.76M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 1.68% | 1.16% | 0.98% | -0.00% | 1.56% | 1.08% | 1.21% | 0.00% | 1.61% | 1.38% | 1.04% | 0.79% | 1.29% | 1.02% | 1.30% | 0.95% | 1.09% | 1.07% |
Air Lease's average Quarter net income forecast for Mar 24 is $-2.36T, with a range of $-2.83T to $-1.89T. AL's average Quarter net income forecast represents a -1119856.37% decrease compared to the company's last Quarter net income of $210.63M (Dec 23).
Air Lease SG&A Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 1 | 1 | 1 | 3 | 6 | 3 | 3 | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 3 | 3 | 5 | 9 | 6 | 4 | 4 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | $61.08M | $42.77M | $45.83M | $53.51M | $51.67M | $45.48M | $45.07M | $30.24M | $48.31M | $37.77M | $33.39M | $32.32M | $23.21M | $26.87M | $30.47M | $32.75M | $37.28M | $39.61M |
| Avg Forecast | $59.08M | $57.83M | $58.81M | $56.90M | $56.48M | $54.69M | $53.34M | $52.05M | $50.48M | $48.27M | $48.91M | $161.17M | $48.17M | $46.97M | $47.13M | $172.38M | $29.58M | $41.19M | $38.73M | $184.36M | $37.90M | $34.61M | $35.62M | $40.83M | $34.89M | $35.98M | $35.54M | $34.35M | $38.47M | $36.98M |
| High Forecast | $59.32M | $58.06M | $59.04M | $57.12M | $56.70M | $54.91M | $53.56M | $52.25M | $50.51M | $48.63M | $48.91M | $193.41M | $48.29M | $48.88M | $47.32M | $206.85M | $35.50M | $41.19M | $38.73M | $221.23M | $37.90M | $34.61M | $35.62M | $48.99M | $34.89M | $35.98M | $35.54M | $41.22M | $38.47M | $36.98M |
| Low Forecast | $58.74M | $57.49M | $58.47M | $56.57M | $56.15M | $54.38M | $53.03M | $51.75M | $50.44M | $47.92M | $48.91M | $128.94M | $48.06M | $46.01M | $46.86M | $137.90M | $23.67M | $41.19M | $38.73M | $147.49M | $37.90M | $34.61M | $35.62M | $32.66M | $34.89M | $35.98M | $35.54M | $27.48M | $38.47M | $36.98M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 1.27% | 0.91% | 0.97% | 0.31% | 1.75% | 1.10% | 1.16% | 0.16% | 1.27% | 1.09% | 0.94% | 0.79% | 0.67% | 0.75% | 0.86% | 0.95% | 0.97% | 1.07% |
Air Lease's average Quarter SG&A projection for Mar 24 is $161.17M, based on 1 Wall Street analysts, with a range of $128.94M to $193.41M. The forecast indicates a 163.85% rise compared to AL last annual SG&A of $61.08M (Dec 23).
Air Lease EPS Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 1 | 1 | 1 | 3 | 6 | 3 | 3 | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 3 | 3 | 5 | 9 | 6 | 4 | 4 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | $1.90 | $1.10 | $1.10 | $1.07 | $1.22 | $0.90 | $0.95 | $-4.12 | $1.33 | $0.94 | $0.82 | $0.74 | $0.98 | $1.06 | $1.30 | $1.21 | $1.46 | $1.39 |
| Avg Forecast | $1.24 | $1.14 | $1.29 | $1.16 | $1.12 | $1.09 | $1.05 | $0.98 | $0.78 | $0.79 | $0.93 | $0.94 | $1.12 | $1.03 | $1.11 | $0.93 | $1.00 | $0.92 | $0.86 | $1.00 | $0.84 | $0.69 | $0.80 | $0.95 | $0.77 | $1.06 | $1.02 | $1.22 | $1.36 | $1.30 |
| High Forecast | $1.24 | $1.14 | $1.29 | $1.16 | $1.13 | $1.10 | $1.06 | $0.98 | $0.79 | $0.82 | $0.93 | $0.94 | $1.22 | $1.18 | $1.12 | $0.93 | $1.00 | $0.92 | $0.86 | $1.00 | $0.84 | $0.69 | $0.80 | $0.95 | $0.77 | $1.06 | $1.02 | $1.22 | $1.36 | $1.30 |
| Low Forecast | $1.23 | $1.13 | $1.28 | $1.15 | $1.11 | $1.09 | $1.04 | $0.97 | $0.77 | $0.76 | $0.93 | $0.94 | $1.07 | $0.88 | $1.10 | $0.92 | $0.99 | $0.92 | $0.86 | $1.00 | $0.84 | $0.69 | $0.80 | $0.95 | $0.77 | $1.06 | $1.02 | $1.22 | $1.36 | $1.30 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 1.69% | 1.07% | 0.99% | 1.15% | 1.22% | 0.98% | 1.10% | -4.14% | 1.58% | 1.35% | 1.02% | 0.78% | 1.27% | 1.00% | 1.27% | 0.99% | 1.08% | 1.07% |
According to 1 Wall Street analysts, Air Lease's projected average Quarter EPS for Mar 24 is $0.94, with a low estimate of $0.94 and a high estimate of $0.94. This represents a -50.48% decrease compared to AL previous annual EPS of $1.90 (Dec 23).
Air Lease Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| CTOS | Custom Truck One Source | $5.08 | $6.67 | 31.30% | Buy |
| ALTG | Alta Equipment Group | $7.04 | $9.00 | 27.84% | Hold |
| PRG | PROG | $43.90 | $54.00 | 23.01% | Buy |
| AL | Air Lease | $49.08 | $59.50 | 21.23% | Buy |
| GATX | GATX | $161.11 | $185.00 | 14.83% | Hold |
| HEES | H&E Equipment Services | $53.20 | $58.00 | 9.02% | Buy |
| HRI | Herc | $195.00 | $208.50 | 6.92% | Buy |
| MGRC | McGrath RentCorp | $118.50 | $120.00 | 1.27% | Buy |
| AAN | Aaron's Company | $10.09 | $10.00 | -0.89% | Hold |
| R | Ryder System | $161.95 | $160.00 | -1.20% | Buy |