Western Alliance Ban (WAL) Stock Forecast, Price Target & Predictions
WAL Stock Forecast
Western Alliance Ban stock forecast is as follows: an average price target of $92.00 (represents a 0.15% upside from WAL’s last price of $91.86) 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 $92.00 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 $65.00. This represents a potential 0.15% upside from WAL's last price of $91.86.
WAL Analyst Ratings
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
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Oct 21, 2024 | Matthew Clark | Piper Sandler | $101.00 | $81.52 | 23.90% | 9.95% |
| Oct 21, 2024 | Benjamin Gerlinger | Industrial Alliance Securities | $102.00 | $85.53 | 19.26% | 11.04% |
| Oct 21, 2024 | Jared Shaw | Industrial Alliance Securities | $105.00 | $85.53 | 22.76% | 14.30% |
| Oct 18, 2024 | Jon Arfstrom | RBC Capital | $99.00 | $88.61 | 11.73% | 7.77% |
| Oct 18, 2024 | Matthew Clark | Piper Sandler | $102.00 | $88.61 | 15.12% | 11.04% |
| Oct 18, 2024 | Andrew Terrel | Stephens | $102.00 | $88.61 | 15.12% | 11.04% |
| Oct 09, 2024 | Anthony Elian | Industrial Alliance Securities | $107.00 | $83.74 | 27.78% | 16.48% |
| Oct 01, 2024 | Timur Braziler | Wells Fargo | $92.00 | $86.49 | 6.37% | 0.15% |
| Jul 22, 2024 | Christopher Mcgratty | Industrial Alliance Securities | $90.00 | $77.19 | 16.60% | -2.02% |
| Jul 22, 2024 | Matthew Clark | Piper Sandler | $93.00 | $76.72 | 21.22% | 1.24% |
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 9.95% increase from WAL last price ($91.86).
Western Alliance Ban Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | 6 | 8 | 14 |
| Avg Price Target | $101.83 | $101.25 | $96.14 |
| Last Closing Price | $91.86 | $91.86 | $91.86 |
| Upside/Downside | 10.85% | 10.22% | 4.66% |
In the current month, the average price target of Western Alliance Ban stock is $101.83, according to 6 Wall Street analysts offering twelve months forecast. The average price target represents a 10.85% increase as opposed to Western Alliance Ban's last price of $91.86. This month's average price target is up 0.57% compared to last quarter, and up 5.92% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Oct 21, 2024 | Piper Sandler | Overweight | Overweight | Hold |
| Oct 21, 2024 | Citigroup | Buy | Buy | Hold |
| Oct 21, 2024 | Barclays | Overweight | Overweight | Hold |
| Oct 18, 2024 | Wells Fargo | Buy | Buy | Hold |
| Oct 18, 2024 | Wedbush | Underperform | Underperform | Hold |
| Oct 18, 2024 | Stephens | Overweight | Overweight | Hold |
| Oct 18, 2024 | RBC Capital | Outperform | Outperform | Hold |
| Oct 07, 2024 | Deutsche Bank | Hold | Buy | Upgrade |
| Oct 01, 2024 | Wells Fargo | Equal-Weight | Equal-Weight | Hold |
| Sep 26, 2024 | Barclays | Overweight | Overweight | Hold |
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 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 | - | - | - | - | - | - | - | - | - | - | - | - | $1.10B | $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 | $931.66M | $924.38M | $896.67M | $857.99M | $879.29M | $875.46M | $841.45M | $801.69M | $809.08M | $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 | $950.22M | $942.79M | $914.54M | $875.08M | $896.81M | $892.90M | $858.21M | $812.71M | $815.13M | $808.81M | $737.97M | $705.87M | $718.74M | $700.26M | $670.23M | $683.68M | $750.42M | $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 | $905.40M | $898.33M | $871.40M | $833.81M | $854.51M | $850.79M | $817.74M | $786.39M | $798.78M | $808.45M | $737.97M | $705.87M | $701.63M | $667.24M | $638.62M | $651.44M | $715.03M | $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 |
| # Analysts | 3 | 3 | 3 | 3 | 4 | 4 | 4 | 6 | 6 | 3 | 7 | 4 | 9 | 4 | 6 | 4 | 3 | 7 | 4 | 3 | 4 | 7 | 4 | 4 | 11 | 15 | 9 | 9 | 8 | 8 |
| 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 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 | 3 | 3 | 3 | 3 | 4 | 4 | 4 | 6 | 6 | 3 | 7 | 4 | 9 | 4 | 6 | 4 | 3 | 7 | 4 | 3 | 4 | 7 | 4 | 4 | 11 | 15 | 9 | 9 | 8 | 8 |
| 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 | $520.01M | $515.94M | $500.48M | $478.89M | $490.78M | $488.64M | $469.66M | $447.47M | $451.59M | $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 | $530.37M | $526.22M | $510.45M | $488.43M | $500.56M | $498.37M | $479.01M | $453.62M | $454.97M | $451.44M | $411.90M | $544.27M | $401.16M | $390.85M | $374.09M | $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 | $505.35M | $501.40M | $486.38M | $465.40M | $476.95M | $474.87M | $456.42M | $438.93M | $445.84M | $451.24M | $411.90M | $362.85M | $391.62M | $372.42M | $356.45M | $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 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 | 3 | 3 | 3 | 3 | 4 | 4 | 4 | 6 | 6 | 3 | 7 | 4 | 9 | 4 | 6 | 4 | 3 | 7 | 4 | 3 | 4 | 7 | 4 | 4 | 11 | 15 | 9 | 9 | 8 | 8 |
| 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 | $293.73M | $285.84M | $276.03M | $259.10M | $271.68M | $260.16M | $239.44M | $212.51M | $211.62M | $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 | $301.34M | $293.24M | $283.18M | $265.81M | $278.71M | $266.90M | $245.64M | $221.37M | $223.62M | $208.50M | $186.73M | $364.85M | $193.62M | $214.35M | $221.33M | $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 | $282.97M | $275.37M | $265.92M | $249.61M | $261.73M | $250.63M | $230.67M | $194.80M | $200.71M | $205.24M | $186.71M | $243.23M | $172.64M | $201.28M | $207.84M | $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 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 | 3 | 3 | 3 | 3 | 4 | 4 | 4 | 6 | 6 | 3 | 7 | 4 | 9 | 4 | 6 | 4 | 3 | 7 | 4 | 3 | 4 | 7 | 4 | 4 | 11 | 15 | 9 | 9 | 8 | 8 |
| 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 | $265.49M | $263.42M | $255.52M | $244.50M | $250.57M | $249.48M | $239.79M | $228.46M | $230.56M | $230.44M | $210.30M | $36.45M | $202.40M | $195.66M | $187.27M | $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 | $270.78M | $268.67M | $260.61M | $249.37M | $255.56M | $254.45M | $244.56M | $231.60M | $232.29M | $230.49M | $210.30M | $43.74M | $204.82M | $199.55M | $191.00M | $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 | $258.01M | $256.00M | $248.32M | $237.61M | $243.51M | $242.45M | $233.03M | $224.10M | $227.63M | $230.38M | $210.30M | $29.16M | $199.94M | $190.14M | $181.99M | $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 % | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.90% | 0.98% | 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 $202.40M, based on 9 Wall Street analysts, with a range of $199.94M to $204.82M. The forecast indicates a 15.53% rise compared to WAL last annual SG&A of $175.20M (Sep 23).
Western Alliance Ban 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 | 3 | 3 | 3 | 3 | 4 | 4 | 4 | 6 | 6 | 3 | 7 | 4 | 9 | 4 | 6 | 4 | 3 | 7 | 4 | 3 | 4 | 7 | 4 | 4 | 11 | 15 | 9 | 9 | 8 | 8 |
| 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 | $2.68 | $2.61 | $2.52 | $2.37 | $2.48 | $2.38 | $2.19 | $1.94 | $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 | $2.75 | $2.68 | $2.59 | $2.43 | $2.55 | $2.44 | $2.24 | $2.02 | $2.04 | $1.90 | $1.71 | $1.68 | $1.77 | $1.96 | $2.02 | $2.00 | $2.72 | $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 | $2.58 | $2.51 | $2.43 | $2.28 | $2.39 | $2.29 | $2.11 | $1.78 | $1.83 | $1.87 | $1.71 | $1.61 | $1.58 | $1.84 | $1.90 | $1.88 | $2.56 | $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
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| PACW | PacWest Bancorp | $7.54 | $34.50 | 357.56% | Hold |
| TFC | Truist Financial | $46.25 | $53.53 | 15.74% | Buy |
| USB | U.S. Bancorp | $50.31 | $55.07 | 9.46% | Buy |
| WAL | Western Alliance Ban | $91.86 | $92.00 | 0.15% | Buy |
| CMA | Comerica | $70.08 | $69.01 | -1.53% | Buy |
| ZION | Zions Bancorporation, National Association | $59.60 | $58.40 | -2.01% | Hold |
| KEY | KeyCorp | $19.14 | $18.74 | -2.09% | Buy |
| RF | Regions Financial | $26.27 | $25.04 | -4.68% | Buy |
| FHN | First Horizon | $20.16 | $19.10 | -5.26% | Buy |
| HBAN | Huntington Bancshares | $17.53 | $16.40 | -6.45% | Buy |
| FITB | Fifth Third Bancorp | $47.26 | $39.93 | -15.51% | Buy |