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Western Alliance Ban (WAL) Stock Forecast, Price Target & Predictions

OverviewRevenueOwnershipFinancialsChartTranscripts

WAL Stock Forecast

Western Alliance Ban stock forecast is as follows: an average price target of $97.33 (represents a 14.95% upside from WAL’s last price of $84.67) and a rating consensus of 'Buy', based on 11 wall street analysts offering a 1-year stock forecast.

WAL Price Target

The average price target for Western Alliance Ban (WAL) is $97.33 based on 1-year price targets from 11 Wall Street analysts in the past 3 months, with a price target range of $102.00 to $88.00. This represents a potential 14.95% upside from WAL's last price of $84.67.

WAL Analyst Ratings

Buy

According to 11 Wall Street analysts, Western Alliance Ban's rating consensus is 'Buy'. The analyst rating breakdown for WAL stock is 0 'Strong Buy' (0.00%), 10 'Buy' (90.91%), 1 'Hold' (9.09%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).

Western Alliance Ban Price Target by Analyst

DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Oct 21, 2024Matthew ClarkPiper Sandler$101.00$81.5223.90%19.28%
Oct 21, 2024Benjamin GerlingerIndustrial Alliance Securities$102.00$85.5319.26%20.46%
Oct 21, 2024Jared ShawIndustrial Alliance Securities$105.00$85.5322.76%24.00%
Oct 18, 2024Jon ArfstromRBC Capital$99.00$88.6111.73%16.92%
Oct 18, 2024Matthew ClarkPiper Sandler$102.00$88.6115.12%20.46%
Oct 18, 2024Andrew TerrelStephens$102.00$88.6115.12%20.46%
Oct 09, 2024Anthony ElianIndustrial Alliance Securities$107.00$83.7427.78%26.37%
Oct 01, 2024Timur BrazilerWells Fargo$92.00$86.496.37%8.65%
Jul 22, 2024Christopher McgrattyIndustrial Alliance Securities$90.00$77.1916.60%6.29%
Jul 22, 2024Matthew ClarkPiper Sandler$93.00$76.7221.22%9.83%
Jul 22, 2024Brandon KiingTruist Financial$88.00$77.1914.00%3.93%
Jul 22, 2024Jon ArfstromRBC Capital$87.00$76.7213.40%2.75%
Jul 21, 2024Jared ShawIndustrial Alliance Securities$92.00$76.7219.92%8.65%
Apr 23, 2024Jared ShawIndustrial Alliance Securities$86.00$58.6746.58%1.56%
Mar 14, 2023David ChiaveriniIndustrial Alliance Securities$80.00$37.64112.54%-5.52%
Dec 13, 2022J.P. Morgan$65.00$61.016.54%-23.24%
Jul 14, 2022Casey HaireJefferies$92.00$70.9829.61%8.65%
Jul 02, 2022David ChiaveriniWedbush$80.00$71.7711.47%-5.52%
Jun 15, 2022Jennifer DembaTruist Financial$100.00$72.8737.23%18.10%
Apr 25, 2022Wedbush$105.00$79.0632.81%24.00%
Apr 14, 2021Arren CyganovichCitigroup$99.00$92.876.60%16.92%

The latest Western Alliance Ban stock forecast, released on Oct 21, 2024 by Matthew Clark from Piper Sandler, set a price target of $101.00, which represents a 23.90% increase from the stock price at the time of the forecast ($81.52), and a 19.28% increase from WAL last price ($84.67).

Western Alliance Ban Price Target by Period

1M3M12M
# Anlaysts-814
Avg Price Target-$101.25$96.14
Last Closing Price$84.67$84.67$84.67
Upside/Downside-100.00%19.57%13.54%

In the current month, the average price target of Western Alliance Ban stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Western Alliance Ban's last price of $84.67. 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 21, 2024Piper SandlerOverweightOverweightHold
Oct 21, 2024CitigroupBuyBuyHold
Oct 21, 2024BarclaysOverweightOverweightHold
Oct 18, 2024Wells FargoBuyBuyHold
Oct 18, 2024WedbushUnderperformUnderperformHold
Oct 18, 2024StephensOverweightOverweightHold
Oct 18, 2024RBC CapitalOutperformOutperformHold
Oct 07, 2024Deutsche BankHoldBuyUpgrade
Oct 01, 2024Wells FargoEqual-WeightEqual-WeightHold
Sep 26, 2024BarclaysOverweightOverweightHold
Sep 24, 2024WedbushOutperformOutperformHold
Jul 23, 2024WedbushUnderperformUnderperformHold
Jul 23, 2024Deutsche BankHoldHoldHold
Jul 22, 2024Keefe, Bruyette & WoodsOutperformOutperformHold
Jul 22, 2024Piper SandlerOverweightOverweightHold
Jul 22, 2024Wells FargoEqual-WeightEqual-WeightHold
Jul 21, 2024BarclaysOverweightOverweightHold
Jul 19, 2024WedbushOutperformOutperformHold
Jul 09, 2024RBC CapitalOutperformOutperformHold
Jul 03, 2024Wells FargoBuyBuyHold
Jul 03, 2024JefferiesBuyBuyHold
May 08, 2024Wells FargoBuyBuyHold
Apr 23, 2024BarclaysOverweightOverweightHold
Apr 22, 2024Keefe, Bruyette & WoodsOutperformOutperformHold
Apr 19, 2024WedbushUnderperformUnderperformHold
Apr 01, 2024Wells FargoBuyBuyHold
Apr 01, 2024RBC CapitalUnderperformUnderperformHold
Apr 20, 2023GuggenheimBuyBuyHold
Apr 19, 2023WedbushOutperformUpgrade
Mar 14, 2023Wells FargoOverweightOverweightHold
Mar 14, 2023National Alliance SecuritiesNeutralNeutralHold
Jul 14, 2022JefferiesBuyBuyHold

Western Alliance Ban's last stock rating was published by Piper Sandler on Oct 21, 2024. The company gave WAL a "Overweight" rating, the same as its previous rate.

Western Alliance Ban Financial Forecast

Western Alliance Ban Revenue Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
Revenue------------$1.10B$578.30M$557.50M$446.80M$600.10M$586.90M$1.50M$44.60M$531.90M$511.60M$458.20M$320.60M$325.49M$298.51M$312.42M$262.27M$275.97M$264.70M
Avg Forecast$952.62M$942.22M$912.28M$871.70M$883.91M$878.22M$843.64M$804.59M$809.25M$808.63M$737.97M$705.87M$710.25M$686.59M$657.14M$670.33M$735.76M$688.08M$590.52M$542.60M$561.14M$535.10M$502.25M$338.03M$318.75M$311.74M$305.96M$285.68M$286.80M$279.98M
High Forecast$967.90M$957.34M$926.92M$885.68M$898.08M$892.31M$857.18M$807.95M$810.14M$808.81M$737.97M$705.87M$718.74M$697.60M$667.68M$681.08M$747.57M$688.08M$590.52M$542.60M$561.14M$535.10M$502.25M$338.03M$318.75M$311.74M$305.96M$285.68M$286.80M$279.98M
Low Forecast$929.17M$919.03M$889.82M$850.24M$862.14M$856.60M$822.87M$801.24M$808.37M$808.45M$737.97M$705.87M$701.63M$669.68M$640.96M$653.83M$717.65M$688.08M$590.52M$542.60M$561.14M$535.10M$502.25M$338.03M$318.75M$311.74M$305.96M$285.68M$286.80M$279.98M
# Analysts44443335547494643743474411159988
Surprise %------------1.54%0.84%0.85%0.67%0.82%0.85%0.00%0.08%0.95%0.96%0.91%0.95%1.02%0.96%1.02%0.92%0.96%0.95%

Western Alliance Ban's average Quarter revenue forecast for Mar 24 based on 4 analysts is $705.87M, with a low forecast of $705.87M, and a high forecast of $705.87M. WAL's average Quarter revenue forecast represents a -35.55% decrease compared to the company's last Quarter revenue of $1.10B (Dec 23).

Western Alliance Ban EBITDA Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts44443335547494643743474411159988
EBITDA-------------$277.90M$260.10M$543.60M$639.40M$487.40M$397.50M$353.40M$355.60M$350.20M$316.90M$260.20M$265.93M$200.32M$137.29M$148.46M$205.45M$214.93M
Avg Forecast$531.71M$525.91M$509.19M$486.54M$493.36M$490.18M$470.88M$449.09M$451.69M$451.34M$411.90M$453.56M$396.43M$383.22M$366.79M$412.33M$387.76M$354.26M$304.03M$325.95M$288.90M$275.50M$258.59M$184.09M$164.11M$160.50M$157.53M$125.78M$147.66M$144.15M
High Forecast$540.24M$534.34M$517.36M$494.35M$501.27M$498.04M$478.44M$450.96M$452.18M$451.44M$411.90M$544.27M$401.16M$389.37M$372.67M$494.79M$465.31M$354.26M$304.03M$391.14M$288.90M$275.50M$258.59M$220.90M$164.11M$160.50M$157.53M$150.94M$147.66M$144.15M
Low Forecast$518.62M$512.96M$496.66M$474.56M$481.21M$478.11M$459.29M$447.21M$451.19M$451.24M$411.90M$362.85M$391.62M$373.79M$357.76M$329.86M$310.21M$354.26M$304.03M$260.76M$288.90M$275.50M$258.59M$147.27M$164.11M$160.50M$157.53M$100.62M$147.66M$144.15M
Surprise %-------------0.73%0.71%1.32%1.65%1.38%1.31%1.08%1.23%1.27%1.23%1.41%1.62%1.25%0.87%1.18%1.39%1.49%

9 analysts predict WAL's average Quarter EBITDA for Dec 23 to be $396.43M, with a high of $401.16M and a low of $391.62M. This is 42.65% upper than Western Alliance Ban's previous annual EBITDA (Sep 23) of $277.90M.

Western Alliance Ban Net Income Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts44443335547494643743474411159988
Net Income------------$147.90M$216.60M$215.70M$142.20M$293.00M$264.00M$260.20M$240.10M$246.00M$236.90M$223.80M$192.50M$193.59M$135.77M$93.27M$83.96M$128.06M$127.38M
Avg Forecast$298.72M$291.30M$279.74M$263.69M$274.90M$260.67M$238.94M$213.34M$210.98M$206.87M$186.72M$304.04M$184.09M$208.94M$215.74M$276.40M$268.25M$281.84M$250.63M$218.50M$251.32M$244.43M$214.78M$136.19M$145.08M$114.26M$79.37M$71.14M$132.21M$130.07M
High Forecast$304.94M$297.38M$285.57M$269.19M$280.63M$266.11M$243.92M$218.81M$221.80M$208.50M$186.73M$364.85M$193.62M$213.30M$220.24M$331.68M$321.90M$281.84M$250.63M$262.20M$251.32M$244.43M$214.78M$163.43M$145.08M$114.26M$79.37M$85.36M$132.21M$130.07M
Low Forecast$289.16M$281.98M$270.78M$255.25M$266.10M$252.33M$231.29M$207.87M$199.08M$205.24M$186.71M$243.23M$172.64M$202.25M$208.84M$221.12M$214.60M$281.84M$250.63M$174.80M$251.32M$244.43M$214.78M$108.95M$145.08M$114.26M$79.37M$56.91M$132.21M$130.07M
Surprise %------------0.80%1.04%1.00%0.51%1.09%0.94%1.04%1.10%0.98%0.97%1.04%1.41%1.33%1.19%1.18%1.18%0.97%0.98%

Western Alliance Ban's average Quarter net income forecast for Mar 24 is $304.04M, with a range of $243.23M to $364.85M. WAL's average Quarter net income forecast represents a 105.57% increase compared to the company's last Quarter net income of $147.90M (Dec 23).

Western Alliance Ban SG&A Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts44443335547494643743474411159988
SG&A-------------$175.20M$183.60M$169.80M$141.90M$149.60M$151.30M$149.90M$151.70M$157.90M$152.60M$99.20M$99.51M$92.48M$83.36M$86.85M$90.82M$83.43M
Avg Forecast$263.69M$260.81M$252.52M$241.29M$244.67M$243.09M$233.52M$222.71M$224.00M$223.83M$204.27M$36.45M$196.60M$190.05M$181.90M$33.14M$165.42M$173.28M$148.71M$26.19M$141.31M$134.76M$126.48M$70.18M$80.27M$78.51M$77.05M$73.58M$72.23M$70.51M
High Forecast$267.92M$264.99M$256.57M$245.16M$248.59M$246.99M$237.27M$223.64M$224.25M$223.88M$204.27M$43.74M$198.95M$193.10M$184.82M$39.76M$198.50M$173.28M$148.71M$31.43M$141.31M$134.76M$126.48M$84.22M$80.27M$78.51M$77.05M$88.30M$72.23M$70.51M
Low Forecast$257.20M$254.39M$246.31M$235.35M$238.64M$237.11M$227.77M$221.78M$223.76M$223.78M$204.27M$29.16M$194.21M$185.37M$177.42M$26.51M$132.34M$173.28M$148.71M$20.96M$141.31M$134.76M$126.48M$56.15M$80.27M$78.51M$77.05M$58.87M$72.23M$70.51M
Surprise %-------------0.92%1.01%5.12%0.86%0.86%1.02%5.72%1.07%1.17%1.21%1.41%1.24%1.18%1.08%1.18%1.26%1.18%

Western Alliance Ban's average Quarter SG&A projection for Dec 23 is $196.60M, based on 9 Wall Street analysts, with a range of $194.21M to $198.95M. The forecast indicates a 12.22% rise compared to WAL last annual SG&A of $175.20M (Sep 23).

Western Alliance Ban EPS Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts44443335547494643743474411159988
EPS------------$1.36$1.97$1.96$1.28$2.68$2.43$2.40$2.23$2.37$2.29$2.18$1.91$1.94$1.36$0.93$0.83$1.26$1.25
Avg Forecast$2.73$2.66$2.55$2.41$2.51$2.38$2.18$1.95$1.93$1.89$1.71$1.64$1.68$1.91$1.97$1.95$2.65$2.58$2.30$2.06$2.30$2.24$1.97$1.47$1.33$1.05$0.73$0.72$1.21$1.19
High Forecast$2.78$2.72$2.61$2.46$2.56$2.43$2.23$2.00$2.03$1.90$1.71$1.68$1.77$1.95$2.01$1.99$2.71$2.58$2.30$2.06$2.30$2.24$1.97$1.47$1.33$1.05$0.73$0.72$1.21$1.19
Low Forecast$2.64$2.58$2.47$2.33$2.43$2.30$2.11$1.90$1.82$1.87$1.71$1.61$1.58$1.85$1.91$1.89$2.57$2.58$2.30$2.06$2.30$2.24$1.97$1.47$1.33$1.05$0.73$0.72$1.21$1.19
Surprise %------------0.81%1.03%0.99%0.66%1.01%0.94%1.04%1.08%1.03%1.02%1.11%1.30%1.46%1.30%1.28%1.16%1.04%1.05%

According to 4 Wall Street analysts, Western Alliance Ban's projected average Quarter EPS for Mar 24 is $1.64, with a low estimate of $1.61 and a high estimate of $1.68. This represents a 20.76% increase compared to WAL previous annual EPS of $1.36 (Dec 23).

Western Alliance Ban Peer Comparison by Price Target

TickerCompanyLast Closing PriceAvg Price TargetUpside/DownsideAvg Rating
WALWestern Alliance Ban$88.33$97.3310.19%Buy
USBU.S. Bancorp$49.98$53.086.20%Buy
TFCTruist Financial$45.13$46.863.83%Buy
RFRegions Financial$24.61$25.292.76%Buy
KEYKeyCorp$17.80$18.151.97%Buy
CMAComerica$64.41$64.08-0.51%Buy
FITBFifth Third Bancorp$45.05$44.67-0.84%Buy
HBANHuntington Bancshares$16.94$16.56-2.24%Buy
ZIONZions Bancorporation, National Association$56.22$54.00-3.95%Hold
FHNFirst Horizon$19.95$19.00-4.76%Buy

WAL Forecast FAQ

Is Western Alliance Ban a good buy?

Yes, according to 11 Wall Street analysts, Western Alliance Ban (WAL) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 10 'Buy' recommendations, accounting for 90.91% of WAL's total ratings.

What is WAL's price target?

Western Alliance Ban (WAL) average price target is $97.33 with a range of $88 to $102, implying a 14.95% from its last price of $84.67. The data is based on 11 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

Will Western Alliance Ban stock go up soon?

According to Wall Street analysts' prediction for WAL stock, the company can go up by 14.95% (from the last price of $84.67 to the average price target of $97.33), up by 20.46% based on the highest stock price target, and up by 3.93% based on the lowest stock price target.

Can Western Alliance Ban stock reach $130?

WAL's average twelve months analyst stock price target of $97.33 does not support the claim that Western Alliance Ban can reach $130 in the near future.

What are Western Alliance Ban's analysts' financial forecasts?

Western Alliance Ban's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $3.41B (high $3.46B, low $3.34B), average EBITDA is $1.9B (high $1.93B, low $1.87B), average net income is $987.85M (high $1.01B, low $957.59M), average SG&A $944M (high $956.5M, low $925.31M), and average EPS is $9.02 (high $9.22, low $8.75). WAL's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $3.68B (high $3.74B, low $3.59B), average EBITDA is $2.05B (high $2.09B, low $2B), average net income is $1.13B (high $1.16B, low $1.1B), average SG&A $1.02B (high $1.03B, low $993.24M), and average EPS is $10.35 (high $10.57, low $10.02).

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

Based on Western Alliance Ban's last annual report (Dec 2023), the company's revenue was $4.33B, beating the average analysts forecast of $2.72B by 59.09%. Apple's EBITDA was $0, missing the average prediction of $1.56B by -100.00%. The company's net income was $722.4M, missing the average estimation of $885.17M by -18.39%. Apple's SG&A was $0, missing the average forecast of $601.69M by -100.00%. Lastly, the company's EPS was $6.66, missing the average prediction of $7.51 by -11.29%. In terms of the last quarterly report (Dec 2023), Western Alliance Ban's revenue was $1.1B, beating the average analysts' forecast of $710.25M by 54.21%. The company's EBITDA was $0, missing the average prediction of $396.43M by -100.00%. Western Alliance Ban's net income was $147.9M, missing the average estimation of $184.09M by -19.66%. The company's SG&A was $0, missing the average forecast of $196.6M by -100.00%. Lastly, the company's EPS was $1.36, missing the average prediction of $1.68 by -19.10%