Ares Management (ARES) Stock Forecast, Price Target & Predictions
ARES Stock Forecast
Ares Management stock forecast is as follows: an average price target of $150.11 (represents a -12.67% downside from ARES’s last price of $171.89) and a rating consensus of 'Buy', based on 12 wall street analysts offering a 1-year stock forecast.
ARES Price Target
The average price target for Ares Management (ARES) is $150.11 based on 1-year price targets from 12 Wall Street analysts in the past 3 months, with a price target range of $174.00 to $87.00. This represents a potential -12.67% downside from ARES's last price of $171.89.
ARES Analyst Ratings
According to 12 Wall Street analysts, Ares Management's rating consensus is 'Buy'. The analyst rating breakdown for ARES stock is 0 'Strong Buy' (0.00%), 7 'Buy' (58.33%), 5 'Hold' (41.67%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
Ares Management Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Oct 11, 2024 | Kenneth Lee | RBC Capital | $170.00 | $157.81 | 7.72% | -1.10% |
| Oct 10, 2024 | Michael Cyprys | Morgan Stanley | $162.00 | $156.95 | 3.22% | -5.75% |
| Oct 07, 2024 | Benjamin Budish | Barclays | $174.00 | $160.39 | 8.49% | 1.23% |
| Sep 23, 2024 | Kenneth Leon | CFRA | $170.00 | $156.38 | 8.71% | -1.10% |
| Sep 11, 2024 | Michael Brown | Wells Fargo | $156.00 | $141.46 | 10.28% | -9.24% |
| Aug 27, 2024 | Nicholas Watts | Redburn Partners | $140.00 | $146.96 | -4.74% | -18.55% |
| Aug 05, 2024 | Benjamin Budish | Barclays | $155.00 | $139.26 | 11.30% | -9.83% |
| Aug 02, 2024 | Kenneth Leon | CFRA | $155.00 | $139.26 | 11.30% | -9.83% |
| Jul 10, 2024 | Benjamin Budish | Barclays | $151.00 | $134.78 | 12.03% | -12.15% |
| Jun 13, 2024 | Brian Bedell | Deutsche Bank | $132.00 | $137.49 | -3.99% | -23.21% |
The latest Ares Management stock forecast, released on Oct 11, 2024 by Kenneth Lee from RBC Capital, set a price target of $170.00, which represents a 7.72% increase from the stock price at the time of the forecast ($157.81), and a -1.10% decrease from ARES last price ($171.89).
Ares Management Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | 6 | 14 |
| Avg Price Target | - | $162.00 | $157.21 |
| Last Closing Price | $171.89 | $171.89 | $171.89 |
| Upside/Downside | -100.00% | -5.75% | -8.54% |
In the current month, the average price target of Ares Management stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Ares Management's last price of $171.89. This month's average price target is down -100.00% compared to last quarter, and down -100.00% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Oct 11, 2024 | RBC Capital | Outperform | Outperform | Hold |
| Oct 10, 2024 | Morgan Stanley | Equal-Weight | Equal-Weight | Hold |
| Oct 09, 2024 | Cowen & Co. | Buy | Buy | Hold |
| Oct 07, 2024 | Barclays | Overweight | Overweight | Hold |
| Oct 03, 2024 | Goldman Sachs | Buy | Buy | Hold |
| Sep 23, 2024 | CFRA | Buy | Buy | Hold |
| Sep 11, 2024 | Wells Fargo | Overweight | Equal-Weight | Initialise |
| Aug 15, 2024 | RBC Capital | Underperform | Underperform | Hold |
| Aug 15, 2024 | UBS | Buy | Buy | Hold |
| Aug 05, 2024 | Cowen & Co. | Buy | Buy | Hold |
Ares Management's last stock rating was published by RBC Capital on Oct 11, 2024. The company gave ARES a "Outperform" rating, the same as its previous rate.
Ares Management Financial Forecast
Ares Management 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 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $1.09B | $813.36M | $937.72M | $801.29M | $601.43M | $715.00M | $1.31B | $948.72M | $1.29B | $658.39M | $658.01M | $489.87M | $602.76M | $13.41M | $436.93M | $466.49M |
| Avg Forecast | $1.60B | $913.62M | $1.17B | $909.40M | $1.78B | $1.14B | $1.16B | $937.40M | $1.11B | $751.58M | $778.37M | $749.47M | $918.10M | $736.58M | $725.51M | $692.04M | $889.71M | $619.77M | $587.69M | $600.13M | $663.47M | $510.61M | $458.18M | $464.85M | $397.70M | $381.63M | $338.07M | $351.28M | $412.84M | $309.38M |
| High Forecast | $1.68B | $959.47M | $1.22B | $955.04M | $1.87B | $1.20B | $1.22B | $989.58M | $1.21B | $765.96M | $778.37M | $749.47M | $940.33M | $759.88M | $761.93M | $726.77M | $934.36M | $619.77M | $587.69M | $600.13M | $663.47M | $510.61M | $458.18M | $464.85M | $397.70M | $381.63M | $338.07M | $351.28M | $412.84M | $309.38M |
| Low Forecast | $1.54B | $882.36M | $1.13B | $878.29M | $1.72B | $1.10B | $1.12B | $896.82M | $1.07B | $737.21M | $778.37M | $749.47M | $898.79M | $712.96M | $700.69M | $668.36M | $859.27M | $619.77M | $587.69M | $600.13M | $663.47M | $510.61M | $458.18M | $464.85M | $397.70M | $381.63M | $338.07M | $351.28M | $412.84M | $309.38M |
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 3 | 1 | 2 | 2 | 4 | 4 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 2 | 7 | 7 | 9 | 8 | 6 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.51% | 1.18% | 1.05% | 1.29% | 1.02% | 1.19% | 1.97% | 1.86% | 2.83% | 1.42% | 1.65% | 1.28% | 1.78% | 0.04% | 1.06% | 1.51% |
Ares Management's average Quarter revenue forecast for Sep 23 based on 4 analysts is $736.58M, with a low forecast of $712.96M, and a high forecast of $759.88M. ARES's average Quarter revenue forecast represents a -32.63% decrease compared to the company's last Quarter revenue of $1.09B (Jun 23).
Ares Management 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 | 3 | 3 | 1 | 2 | 2 | 4 | 4 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 2 | 7 | 7 | 9 | 8 | 6 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | $174.00M | - | $264.57M | $410.58M | $449.00M | $66.29M | $173.22M | $226.89M | $245.09M | $188.10M | $255.98M | $196.76M | $223.54M | $139.00M | $163.17M | $33.90M | $172.00M | $120.86M |
| Avg Forecast | $410.65M | $234.64M | $299.36M | $233.56M | $457.42M | $293.69M | $298.73M | $240.75M | $285.25M | $193.03M | $199.91M | $345.73M | $235.79M | $189.17M | $186.33M | $273.30M | $225.28M | $159.17M | $65.31M | $154.13M | $170.40M | $131.14M | $117.67M | $216.05M | $102.14M | $98.01M | $86.83M | $31.47M | $106.03M | $79.46M |
| High Forecast | $431.26M | $246.42M | $314.39M | $245.28M | $480.38M | $308.44M | $313.72M | $254.15M | $310.36M | $196.72M | $199.91M | $414.87M | $241.50M | $195.16M | $195.68M | $327.96M | $270.34M | $159.17M | $78.37M | $154.13M | $170.40M | $131.14M | $117.67M | $259.26M | $102.14M | $98.01M | $86.83M | $37.77M | $106.03M | $79.46M |
| Low Forecast | $396.60M | $226.61M | $289.12M | $225.57M | $441.78M | $283.65M | $288.51M | $230.33M | $273.84M | $189.34M | $199.91M | $276.58M | $230.83M | $183.11M | $179.96M | $218.64M | $180.23M | $159.17M | $52.25M | $154.13M | $170.40M | $131.14M | $117.67M | $172.84M | $102.14M | $98.01M | $86.83M | $25.18M | $106.03M | $79.46M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.74% | - | 1.42% | 1.50% | 1.99% | 0.42% | 2.65% | 1.47% | 1.44% | 1.43% | 2.18% | 0.91% | 2.19% | 1.42% | 1.88% | 1.08% | 1.62% | 1.52% |
2 analysts predict ARES's average Quarter EBITDA for Mar 24 to be $345.73M, with a high of $414.87M and a low of $276.58M. This is 98.69% upper than Ares Management's previous annual EBITDA (Dec 23) of $174.00M.
Ares Management 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 | 3 | 3 | 1 | 2 | 2 | 4 | 4 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 2 | 7 | 7 | 9 | 8 | 6 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | $174.00M | - | $332.25M | $207.32M | $293.19M | $-48.78M | $53.61M | $140.90M | $265.96M | $84.73M | $141.64M | $164.31M | $79.26M | $47.55M | $56.37M | $-31.04M | $38.47M | $33.33M |
| Avg Forecast | $471.34M | $318.89M | $334.51M | $282.60M | $396.24M | $249.35M | $260.49M | $212.44M | $266.30M | $188.44M | $197.01M | $288.71M | $219.84M | $173.94M | $170.93M | $228.23M | $114.06M | $144.99M | $36.85M | $131.04M | $140.98M | $124.91M | $100.59M | $180.42M | $89.46M | $84.58M | $74.28M | $-28.82M | $99.18M | $72.19M |
| High Forecast | $502.10M | $339.70M | $356.34M | $301.03M | $422.09M | $265.61M | $277.48M | $222.65M | $294.55M | $189.97M | $197.05M | $346.45M | $223.83M | $187.93M | $182.08M | $273.88M | $136.87M | $144.99M | $44.22M | $131.04M | $140.98M | $124.91M | $100.59M | $216.50M | $89.46M | $84.58M | $74.28M | $-23.06M | $99.18M | $72.19M |
| Low Forecast | $450.38M | $304.71M | $319.63M | $270.03M | $378.61M | $238.26M | $248.90M | $196.10M | $242.09M | $186.92M | $196.96M | $230.97M | $213.84M | $167.94M | $163.33M | $182.58M | $91.25M | $144.99M | $29.48M | $131.04M | $140.98M | $124.91M | $100.59M | $144.34M | $89.46M | $84.58M | $74.28M | $-34.58M | $99.18M | $72.19M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.79% | - | 1.94% | 0.91% | 2.57% | -0.34% | 1.45% | 1.08% | 1.89% | 0.68% | 1.41% | 0.91% | 0.89% | 0.56% | 0.76% | 1.08% | 0.39% | 0.46% |
Ares Management's average Quarter net income forecast for Mar 24 is $288.71M, with a range of $230.97M to $346.45M. ARES's average Quarter net income forecast represents a 65.93% increase compared to the company's last Quarter net income of $174.00M (Dec 23).
Ares Management 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 | 3 | 3 | 1 | 2 | 2 | 4 | 4 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 2 | 7 | 7 | 9 | 8 | 6 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $141.15M | $148.34M | $132.81M | $319.35M | $122.57M | $120.52M | $158.71M | $134.45M | $83.36M | $67.66M | $68.65M | $69.94M | $58.08M | $62.33M | $74.23M | $79.39M |
| Avg Forecast | $311.19M | $177.81M | $226.86M | $176.99M | $346.64M | $222.56M | $226.38M | $182.44M | $216.17M | $146.28M | $151.49M | $118.88M | $178.69M | $143.36M | $141.20M | $93.98M | $145.88M | $98.69M | $144.55M | $95.56M | $105.65M | $81.31M | $72.96M | $74.29M | $63.33M | $60.77M | $53.83M | $57.88M | $65.74M | $49.26M |
| High Forecast | $326.81M | $186.74M | $238.24M | $185.88M | $364.04M | $233.73M | $237.74M | $192.60M | $235.19M | $149.08M | $151.49M | $142.65M | $183.01M | $147.89M | $148.29M | $112.77M | $175.06M | $98.69M | $173.46M | $95.56M | $105.65M | $81.31M | $72.96M | $89.15M | $63.33M | $60.77M | $53.83M | $69.45M | $65.74M | $49.26M |
| Low Forecast | $300.54M | $171.73M | $219.10M | $170.94M | $334.78M | $214.95M | $218.63M | $174.54M | $207.52M | $143.48M | $151.49M | $95.10M | $174.93M | $138.76M | $136.37M | $75.18M | $116.70M | $98.69M | $115.64M | $95.56M | $105.65M | $81.31M | $72.96M | $59.43M | $63.33M | $60.77M | $53.83M | $46.30M | $65.74M | $49.26M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.00% | 1.58% | 0.91% | 3.24% | 0.85% | 1.26% | 1.50% | 1.65% | 1.14% | 0.91% | 1.08% | 1.15% | 1.08% | 1.08% | 1.13% | 1.61% |
Ares Management's average Quarter SG&A projection for Sep 23 is $143.36M, based on 4 Wall Street analysts, with a range of $138.76M to $147.89M. The forecast indicates a 1.56% rise compared to ARES last annual SG&A of $141.15M (Jun 23).
Ares Management 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 | 3 | 3 | 1 | 2 | 2 | 4 | 4 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 2 | 7 | 7 | 9 | 8 | 6 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | $0.86 | - | - | $1.16 | $1.67 | $-0.28 | $0.31 | $0.81 | $1.57 | $0.49 | $0.70 | $0.33 | $0.53 | $0.27 | $0.36 | $-0.33 | $0.32 | $0.24 |
| Avg Forecast | $2.35 | $1.59 | $1.67 | $1.41 | $1.97 | $1.24 | $1.30 | $1.06 | $1.33 | $0.94 | $0.98 | $0.92 | $1.10 | $0.87 | $0.85 | $0.81 | $1.07 | $0.74 | $0.69 | $0.67 | $0.72 | $0.64 | $0.51 | $0.51 | $0.46 | $0.43 | $0.38 | $0.41 | $0.51 | $0.37 |
| High Forecast | $2.50 | $1.69 | $1.78 | $1.50 | $2.10 | $1.32 | $1.38 | $1.11 | $1.47 | $0.95 | $0.98 | $0.92 | $1.12 | $0.94 | $0.91 | $0.86 | $1.14 | $0.74 | $0.69 | $0.67 | $0.72 | $0.64 | $0.51 | $0.51 | $0.46 | $0.43 | $0.38 | $0.41 | $0.51 | $0.37 |
| Low Forecast | $2.24 | $1.52 | $1.59 | $1.35 | $1.89 | $1.19 | $1.24 | $0.98 | $1.21 | $0.93 | $0.98 | $0.92 | $1.07 | $0.84 | $0.81 | $0.77 | $1.02 | $0.74 | $0.69 | $0.67 | $0.72 | $0.64 | $0.51 | $0.51 | $0.46 | $0.43 | $0.38 | $0.41 | $0.51 | $0.37 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.79% | - | 0.00% | 1.43% | 1.56% | -0.38% | 0.45% | 1.21% | 2.18% | 0.77% | 1.37% | 0.64% | 1.16% | 0.63% | 0.95% | -0.80% | 0.63% | 0.65% |
According to 2 Wall Street analysts, Ares Management's projected average Quarter EPS for Mar 24 is $0.92, with a low estimate of $0.92 and a high estimate of $0.92. This represents a 6.93% increase compared to ARES previous annual EPS of $0.86 (Dec 23).
Ares Management Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| SEIC | SEI Investments Company | $79.91 | $93.25 | 16.69% | Buy |
| PFLT | PennantPark Floating Rate Capital | $11.05 | $12.00 | 8.60% | Hold |
| HTGC | Hercules Capital | $18.82 | $19.75 | 4.94% | Buy |
| CG | Carlyle Group | $51.23 | $53.40 | 4.24% | Buy |
| CION | CION Investment | $12.17 | $12.25 | 0.66% | Hold |
| MAIN | Main Street Capital | $53.08 | $52.00 | -2.03% | Buy |
| FSK | FS KKR Capital | $21.49 | $21.00 | -2.28% | Hold |
| OWL | Blue Owl Capital | $23.47 | $21.83 | -6.99% | Buy |
| ARES | Ares Management | $171.89 | $150.11 | -12.67% | Buy |
| PSEC | Prospect Capital | $5.41 | $4.50 | -16.82% | Sell |
| BX | Blackstone | $185.03 | $139.38 | -24.67% | Hold |
| APO | Apollo Global Management | $162.89 | $122.00 | -25.10% | Buy |
| KKR | KKR | $152.18 | $108.77 | -28.53% | Buy |
| TPG | TPG | $67.56 | $47.86 | -29.16% | Buy |