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(BAM) Stock Forecast, Price Target & Predictions

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BAM Stock Forecast

stock forecast is as follows: an average price target of $54.13 (represents a -1.65% downside from BAM’s last price of $55.04) and a rating consensus of 'Buy', based on 8 wall street analysts offering a 1-year stock forecast.

BAM Price Target

The average price target for (BAM) is $54.13 based on 1-year price targets from 8 Wall Street analysts in the past 3 months, with a price target range of $68.00 to $43.00. This represents a potential -1.65% downside from BAM's last price of $55.04.

BAM Analyst Ratings

Buy

According to 8 Wall Street analysts, 's rating consensus is 'Buy'. The analyst rating breakdown for BAM stock is 0 'Strong Buy' (0.00%), 4 'Buy' (50.00%), 3 'Hold' (37.50%), 1 'Sell' (12.50%), and 0 'Strong Sell' (0.00%).

Price Target by Analyst

DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Nov 05, 2024Sohrab MovahediBMO Capital$50.00$55.57-10.02%-9.16%
Nov 05, 2024Geoffrey KwanRBC Capital$68.00$55.5722.37%23.55%
Oct 30, 2024Mario SaricScotiabank$55.50$53.433.87%0.84%
Sep 11, 2024Sohrab MovahediBMO Capital$40.00$42.62-6.15%-27.33%
Aug 08, 2024Sohrab MovahediBMO Capital$37.00$39.57-6.49%-32.78%
Aug 02, 2024Daniel FannonJefferies$43.00$41.992.41%-21.88%
Aug 01, 2024Mario SaricScotiabank$46.00$43.645.41%-16.42%
Dec 18, 2023Brian BedellDeutsche Bank$45.00$37.9818.48%-18.24%
Aug 10, 2023Sohrab MovahediBMO Capital$34.00$34.79-2.27%-38.23%
Dec 22, 2022RBC Capital$35.00$28.2024.11%-36.41%
Dec 20, 2022J.P. Morgan$35.00$28.9720.81%-36.41%
Dec 14, 2022RBC Capital$53.00$29.4579.97%-3.71%
Dec 13, 2022BMO Capital$32.00$32.40-1.23%-41.86%
Dec 13, 2022Goldman Sachs$40.00$32.4023.46%-27.33%

The latest stock forecast, released on Nov 05, 2024 by Sohrab Movahedi from BMO Capital, set a price target of $50.00, which represents a -10.02% decrease from the stock price at the time of the forecast ($55.57), and a -9.16% decrease from BAM last price ($55.04).

Price Target by Period

1M3M12M
# Anlaysts-37
Avg Price Target-$57.83$48.50
Last Closing Price$55.04$55.04$55.04
Upside/Downside-100.00%5.07%-11.88%

In the current month, the average price target of stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to 's last price of $55.04. 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

DateCompanyPrevious RatingNew RatingRating Change
Oct 30, 2024ScotiabankOutperformOutperformHold
Oct 03, 2024Goldman SachsBuyBuyHold
Sep 23, 2024Empire Asset ManagementBuyBuyHold
Sep 18, 2024HSBCHoldHoldHold
Sep 12, 2024Empire Asset ManagementNeutralNeutralHold
Sep 11, 2024Wells FargoUnderweightInitialise
Sep 11, 2024Keefe, Bruyette & WoodsUnderperformUnderperformHold
Sep 11, 2024Empire Asset ManagementMarket PerformMarket PerformHold
Aug 08, 2024Empire Asset ManagementBuyBuyHold
Aug 08, 2024Empire Asset ManagementMarket PerformMarket PerformHold
Aug 08, 2024BMO CapitalMarket PerformMarket PerformHold
Aug 02, 2024JefferiesHoldInitialise
Aug 01, 2024ScotiabankOutperformOutperformHold
Jul 19, 2024Empire Asset ManagementOutperformOutperformHold
May 15, 2024Empire Asset ManagementReduceNeutralDowngrade
Apr 18, 2023Empire Asset ManagementOverweightReduceDowngrade
Dec 20, 2022Empire Asset ManagementOverweightInitialise
Dec 14, 2022RBC CapitalOutperformOutperformHold
Dec 13, 2022BMO CapitalMarket PerformInitialise
Dec 13, 2022Goldman SachsBuyInitialise

's last stock rating was published by Scotiabank on Oct 30, 2024. The company gave BAM a "Outperform" rating, the same as its previous rate.

Financial Forecast

Revenue Forecast

Dec 27Sep 27Jun 27Mar 27Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Mar 22Mar 21Mar 20Mar 19Mar 18Mar 17Mar 16Mar 15Mar 14
Revenue-------------------$966.00M$1.12B$755.00M--------
Avg Forecast$854.05M$871.87M$890.06M$908.62M$1.68B$1.62B$1.57B$1.52B$1.45B$1.41B$1.34B$1.31B$1.25B$1.21B$1.16B$1.13B$1.12B$1.10B$1.11B$1.10B$1.05B$854.00M$11.40B$37.32B$3.12B$2.48B$13.50B$6.13B$1.32B$1.08B
High Forecast$887.11M$905.61M$924.51M$943.79M$1.74B$1.68B$1.63B$1.58B$1.50B$1.46B$1.40B$1.32B$1.26B$1.26B$1.21B$1.17B$1.17B$1.11B$1.15B$1.14B$1.08B$1.02B$13.68B$44.78B$3.74B$2.98B$16.20B$7.35B$1.59B$1.30B
Low Forecast$833.61M$851.00M$868.75M$886.87M$1.64B$1.58B$1.53B$1.49B$1.41B$1.37B$1.31B$1.30B$1.22B$1.18B$1.14B$1.10B$1.10B$1.10B$1.08B$1.07B$1.03B$683.20M$9.12B$29.85B$2.50B$1.98B$10.80B$4.90B$1.06B$867.60M
# Analysts22222222111452222522119781616127817
Surprise %-------------------0.88%1.06%0.88%--------

's average Quarter revenue forecast for Jun 23 based on 2 analysts is $1.11B, with a low forecast of $1.08B, and a high forecast of $1.15B. BAM's average Quarter revenue forecast represents a 14.43% increase compared to the company's last Quarter revenue of $966.00M (Mar 23).

EBITDA Forecast

Dec 27Sep 27Jun 27Mar 27Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Mar 22Mar 21Mar 20Mar 19Mar 18Mar 17Mar 16Mar 15Mar 14
# Analysts22222222111452222522119781616127817
EBITDA-------------------$611.00M$753.00M$907.00M--------
Avg Forecast$510.94M$521.60M$532.48M$543.59M$1.00B$970.13M$937.51M$911.93M$866.78M$842.13M$804.57M$785.06M$749.37M$723.12M$695.83M$674.73M$671.17M$658.57M$661.33M$657.28M$627.82M$606.23M$3.56B$7.33B$2.21B$1.76B$3.15B$1.96B$940.45M$769.86M
High Forecast$530.72M$541.79M$553.09M$564.63M$1.04B$1.01B$973.80M$947.23M$900.33M$874.72M$835.71M$791.00M$755.31M$751.11M$722.76M$700.84M$697.15M$661.86M$686.93M$682.72M$646.98M$727.48M$4.27B$8.80B$2.66B$2.11B$3.78B$2.35B$1.13B$923.83M
Low Forecast$498.71M$509.12M$519.74M$530.58M$980.65M$946.91M$915.07M$890.10M$846.03M$821.97M$785.31M$779.11M$731.43M$705.81M$679.17M$658.57M$655.11M$656.58M$645.50M$641.55M$616.60M$484.98M$2.85B$5.86B$1.77B$1.41B$2.52B$1.57B$752.36M$615.88M
Surprise %-------------------0.93%1.20%1.50%--------

2 analysts predict BAM's average Quarter EBITDA for Jun 23 to be $661.33M, with a high of $686.93M and a low of $645.50M. This is 8.24% upper than 's previous annual EBITDA (Mar 23) of $611.00M.

Net Income Forecast

Dec 27Sep 27Jun 27Mar 27Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Mar 22Mar 21Mar 20Mar 19Mar 18Mar 17Mar 16Mar 15Mar 14
# Analysts22222222111452222522119781616127817
Net Income-------------------$516.00M$504.00M$723.00M--------
Avg Forecast$239.06M$233.60M$221.82M$209.82M$220.52M$210.67M$202.39M$191.70M$187.46M$180.54M$173.74M$166.59M$161.37M$151.86M$147.46M$1.00B$142.97M$134.11M$132.44M$1.07B$4.46B$1.15B$858.22M$-644.60M$1.59B$2.38B$-81.40M$295.07M$960.95M$973.80M
High Forecast$251.09M$245.35M$232.98M$220.38M$231.61M$221.27M$212.57M$201.34M$196.90M$189.62M$182.48M$170.65M$169.49M$152.81M$147.95M$1.20B$147.17M$138.30M$139.10M$1.29B$5.36B$1.37B$1.03B$-515.68M$1.91B$2.86B$-65.12M$354.09M$1.15B$1.17B
Low Forecast$231.63M$226.33M$214.91M$203.29M$213.66M$204.11M$196.09M$185.73M$181.63M$174.92M$168.33M$161.40M$157.34M$150.91M$146.98M$801.10M$138.52M$129.92M$128.32M$856.79M$3.57B$916.35M$686.58M$-773.52M$1.27B$1.91B$-97.68M$236.06M$768.76M$779.04M
Surprise %-------------------0.48%0.11%0.63%--------

's average Quarter net income forecast for Jun 23 is $132.44M, with a range of $128.32M to $139.10M. BAM's average Quarter net income forecast represents a -74.33% decrease compared to the company's last Quarter net income of $516.00M (Mar 23).

SG&A Forecast

Dec 27Sep 27Jun 27Mar 27Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Mar 22Mar 21Mar 20Mar 19Mar 18Mar 17Mar 16Mar 15Mar 14
# Analysts22222222111452222522119781616127817
SG&A-------------------$7.00M$-28.00M$40.00M--------
Avg Forecast$52.31M$53.40M$54.51M$55.65M$102.86M$99.32M$95.98M$93.36M$88.74M$86.22M$82.37M$80.37M$76.72M$74.03M$71.24M$24.32M$68.71M$67.42M$67.71M$26.01M$187.44M$27.81M$20.15M$52.80M$67.28M$75.11M$55.00M$26.41M$38.23M$59.40M
High Forecast$54.33M$55.47M$56.62M$57.81M$106.84M$103.16M$99.69M$96.97M$92.17M$89.55M$85.56M$80.98M$77.33M$76.90M$73.99M$29.18M$71.37M$67.76M$70.33M$31.21M$224.93M$33.38M$24.18M$63.36M$80.73M$90.13M$66.00M$31.69M$45.87M$71.28M
Low Forecast$51.06M$52.12M$53.21M$54.32M$100.40M$96.94M$93.68M$91.13M$86.61M$84.15M$80.40M$79.76M$74.88M$72.26M$69.53M$19.45M$67.07M$67.22M$66.08M$20.81M$149.96M$22.25M$16.12M$42.24M$53.82M$60.09M$44.00M$21.13M$30.58M$47.52M
Surprise %-------------------0.27%-0.15%1.44%--------

's average Quarter SG&A projection for Jun 23 is $67.71M, based on 2 Wall Street analysts, with a range of $66.08M to $70.33M. The forecast indicates a 867.22% rise compared to BAM last annual SG&A of $7.00M (Mar 23).

EPS Forecast

Dec 27Sep 27Jun 27Mar 27Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Mar 22Mar 21Mar 20Mar 19Mar 18Mar 17Mar 16Mar 15Mar 14
# Analysts22222222111452222522119781616127817
EPS-------------------$1.25$0.31$1.80--------
Avg Forecast$0.57$0.56$0.53$0.50$0.53$0.50$0.48$0.46$0.45$0.43$0.41$0.40$0.39$0.36$0.35$0.34$0.34$0.32$0.32$0.31$0.32$1.43$0.41$0.99$0.21$0.31$0.40$0.31$0.29$0.16
High Forecast$0.60$0.59$0.56$0.53$0.55$0.53$0.51$0.48$0.47$0.45$0.44$0.41$0.40$0.36$0.35$0.34$0.35$0.33$0.33$0.33$0.33$1.43$0.49$1.19$0.25$0.37$0.48$0.37$0.35$0.19
Low Forecast$0.55$0.54$0.51$0.49$0.51$0.49$0.47$0.44$0.43$0.42$0.40$0.39$0.38$0.36$0.35$0.33$0.33$0.31$0.31$0.30$0.31$1.43$0.33$0.79$0.17$0.24$0.32$0.25$0.23$0.13
Surprise %-------------------3.98%0.98%1.26%--------

According to 2 Wall Street analysts, 's projected average Quarter EPS for Jun 23 is $0.32, with a low estimate of $0.31 and a high estimate of $0.33. This represents a -74.71% decrease compared to BAM previous annual EPS of $1.25 (Mar 23).

Peer Comparison by Price Target

TickerCompanyLast Closing PriceAvg Price TargetUpside/DownsideAvg Rating
BLKBlackRock$995.72$1.16K16.40%Buy
BENFranklin Resources$19.40$22.0013.40%Hold
TROWT. Rowe Price Group$112.13$125.0011.48%Hold
CGCarlyle Group$54.27$58.006.87%Buy
BAMBrookfield Asset Management$55.04$54.13-1.65%Buy
KKRKKR$153.24$150.17-2.00%Buy
ARCCAres Capital$23.00$22.00-4.35%Buy
ARESAres Management$187.90$175.00-6.87%Buy
BXBlackstone$176.72$161.20-8.78%Hold
APOApollo Global Management$165.92$149.50-9.90%Buy
OWLBlue Owl Capital$23.40$21.00-10.26%Buy
MAINMain Street Capital$60.48$52.00-14.02%Buy

BAM Forecast FAQ

Is a good buy?

Yes, according to 8 Wall Street analysts, (BAM) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 4 'Buy' recommendations, accounting for 50.00% of BAM's total ratings.

What is BAM's price target?

(BAM) average price target is $54.13 with a range of $43 to $68, implying a -1.65% from its last price of $55.04. The data is based on 8 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

Will stock go up soon?

According to Wall Street analysts' prediction for BAM stock, the company can go down by -1.65% (from the last price of $55.04 to the average price target of $54.13), up by 23.55% based on the highest stock price target, and down by -21.88% based on the lowest stock price target.

Can stock reach $80?

BAM's average twelve months analyst stock price target of $54.13 does not support the claim that can reach $80 in the near future.

What are 's analysts' financial forecasts?

's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $6.39B (high $6.64B, low $6.24B), average EBITDA is $3.82B (high $3.97B, low $3.73B), average net income is $825.27M (high $866.8M, low $799.59M), average SG&A $391.52M (high $406.67M, low $382.15M), and average EPS is $1.97 (high $2.07, low $1.91). BAM's analysts financial forecasts for the fiscal year (Dec 2027) are as follows: average revenue is $3.52B (high $3.66B, low $3.44B), average EBITDA is $2.11B (high $2.19B, low $2.06B), average net income is $904.3M (high $949.8M, low $876.16M), average SG&A $215.88M (high $224.23M, low $210.71M), and average EPS is $2.16 (high $2.27, low $2.09).

Did the BAM's actual financial results beat the analysts' financial forecasts?

Based on 's last annual report (Dec 2022), the company's revenue was $3.63B, beating the average analysts forecast of $1.9B by 90.55%. Apple's EBITDA was $2.74B, beating the average prediction of $1.23B by 122.20%. The company's net income was $1.92B, missing the average estimation of $5.61B by -65.86%. Apple's SG&A was $81M, missing the average forecast of $215.26M by -62.37%. Lastly, the company's EPS was $1.17, missing the average prediction of $1.74 by -32.94%. In terms of the last quarterly report (Mar 2023), 's revenue was $966M, missing the average analysts' forecast of $1.1B by -12.07%. The company's EBITDA was $611M, missing the average prediction of $657.28M by -7.04%. 's net income was $516M, missing the average estimation of $1.07B by -51.82%. The company's SG&A was $7M, missing the average forecast of $26.01M by -73.08%. Lastly, the company's EPS was $1.25, beating the average prediction of $0.314 by 297.71%