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


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WAL Stock Forecast


Western Alliance Ban stock forecast is as follows: an average price target of $86.75 (represents a 5.91% upside from WAL’s last price of $81.91) and a rating consensus of 'Buy', based on 9 wall street analysts offering a 1-year stock forecast.

WAL Price Target


The average price target for Western Alliance Ban (WAL) is $86.75 based on 1-year price targets from 9 Wall Street analysts in the past 3 months, with a price target range of $99.00 to $65.00. This represents a potential 5.91% upside from WAL's last price of $81.91.

WAL Analyst Ratings


Buy

According to 9 Wall Street analysts, Western Alliance Ban's rating consensus is 'Buy'. The analyst rating breakdown for WAL stock is 0 'Strong Buy' (0.00%), 6 'Buy' (66.67%), 3 'Hold' (33.33%), 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
Jul 22, 2024Christopher McgrattyIndustrial Alliance Securities$90.00$77.1916.60%9.88%
Jul 22, 2024Matthew ClarkPiper Sandler$93.00$76.7221.22%13.54%
Jul 22, 2024Brandon KiingTruist Financial$88.00$77.1914.00%7.43%
Jul 22, 2024Jon ArfstromRBC Capital$87.00$76.7213.40%6.21%
Jul 21, 2024Jared ShawIndustrial Alliance Securities$92.00$76.7219.92%12.32%
Apr 23, 2024Jared ShawIndustrial Alliance Securities$86.00$58.6746.58%4.99%
Mar 14, 2023David ChiaveriniIndustrial Alliance Securities$80.00$37.64112.54%-2.33%
Dec 13, 2022-J.P. Morgan$65.00$61.016.54%-20.64%
Jul 14, 2022Casey HaireJefferies$92.00$70.9829.61%12.32%
Jul 02, 2022David ChiaveriniWedbush$80.00$71.7711.47%-2.33%
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The latest Western Alliance Ban stock forecast, released on Jul 22, 2024 by Christopher Mcgratty from Industrial Alliance Securities, set a price target of $90.00, which represents a 16.60% increase from the stock price at the time of the forecast ($77.19), and a 9.88% increase from WAL last price ($81.91).

Western Alliance Ban Price Target by Period


1M3M12M
# Anlaysts-56
Avg Price Target-$90.00$89.33
Last Closing Price$81.91$81.91$81.91
Upside/Downside-100.00%9.88%9.06%

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 $81.91. 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
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
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Western Alliance Ban's last stock rating was published by Wedbush on Jul 23, 2024. The company gave WAL a "Underperform" rating, the same as its previous rate.

Western Alliance Ban Financial Forecast


Western Alliance Ban Revenue Forecast

Dec 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 19Jun 19Mar 19Mar 18Mar 17
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$258.81M$252.28M$221.18M$188.46M
Avg Forecast$898.81M$890.39M$861.54M$821.19M$819.32M$808.27M$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$273.10M$264.31M$218.74M$187.19M
High Forecast$917.95M$909.36M$879.89M$838.69M$836.78M$815.39M$753.69M$720.91M$718.74M$701.21M$671.14M$684.61M$751.44M$702.74M$599.40M$550.77M$569.58M$543.15M$509.81M$343.12M$323.55M$316.43M$310.57M$289.98M$291.12M$284.19M$277.21M$268.29M$262.49M$224.62M
Low Forecast$881.97M$873.71M$845.40M$805.81M$803.97M$804.34M$724.15M$692.65M$701.63M$673.72M$644.83M$657.77M$721.98M$675.19M$583.55M$536.20M$554.52M$528.79M$496.33M$334.04M$314.99M$308.07M$302.35M$282.31M$283.42M$276.68M$269.88M$261.19M$175.00M$149.75M
# Analysts452237349464374347441115998812161919
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%0.95%0.95%1.01%1.01%

Western Alliance Ban's average Quarter revenue forecast for Mar 24 based on 4 analysts is $705.87M, with a low forecast of $692.65M, and a high forecast of $720.91M. 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 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 19Jun 19Mar 19Mar 18Mar 17
# Analysts452237349464374347441115998812161919
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$200.43M$196.97M$145.60M$114.01M
Avg Forecast$462.76M$458.42M$443.57M$422.80M$421.83M$416.14M$379.95M$453.56M$365.68M$353.49M$338.33M$412.33M$378.81M$376.58M$304.03M$325.95M$288.90M$275.50M$258.59M$184.09M$164.11M$160.50M$157.53M$125.78M$147.66M$144.15M$140.61M$184.32M$140.90M$112.36M
High Forecast$472.61M$468.19M$453.02M$431.80M$430.82M$419.81M$388.04M$544.27M$370.05M$361.02M$345.54M$494.79M$386.88M$451.90M$308.61M$391.14M$293.25M$279.65M$262.48M$220.90M$166.58M$162.92M$159.90M$150.94M$149.89M$146.32M$142.72M$221.19M$169.08M$134.83M
Low Forecast$454.09M$449.83M$435.26M$414.88M$413.93M$414.12M$372.83M$362.85M$361.24M$346.87M$331.99M$329.86M$371.72M$301.27M$300.45M$260.76M$285.50M$272.25M$255.54M$147.27M$162.18M$158.61M$155.67M$100.62M$145.92M$142.45M$138.95M$147.46M$112.72M$89.89M
Surprise %---------0.79%0.77%1.32%1.69%1.29%1.31%1.08%1.23%1.27%1.23%1.41%1.62%1.25%0.87%1.18%1.39%1.49%1.43%1.07%1.03%1.01%

9 analysts predict WAL's average Quarter EBITDA for Dec 23 to be $365.68M, with a high of $370.05M and a low of $361.24M. This is 31.59% upper than Western Alliance Ban's previous annual EBITDA (Sep 23) of $277.90M.

Western Alliance Ban Net Income Forecast

Dec 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 19Jun 19Mar 19Mar 18Mar 17
# Analysts452237349464374347441115998812161919
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$122.94M$120.80M$100.90M$73.36M
Avg Forecast$277.08M$267.87M$248.70M$214.98M$224.18M$208.61M$186.04M$304.04M$183.41M$208.17M$214.95M$276.40M$289.54M$254.75M$250.63M$218.50M$251.32M$244.43M$214.78M$136.19M$145.08M$114.26M$79.37M$71.14M$132.21M$130.07M$126.32M$113.04M$97.65M$72.29M
High Forecast$284.76M$275.29M$255.59M$220.94M$230.39M$217.35M$191.19M$364.85M$192.92M$213.94M$220.91M$331.68M$297.55M$305.70M$255.54M$262.20M$256.23M$249.21M$218.98M$163.43M$147.92M$116.50M$80.92M$85.36M$134.79M$132.61M$128.80M$135.65M$117.17M$86.75M
Low Forecast$270.33M$261.34M$242.65M$209.75M$218.72M$200.97M$181.51M$243.23M$172.01M$203.10M$209.72M$221.12M$282.48M$203.80M$246.79M$174.80M$247.46M$240.68M$211.49M$108.95M$142.86M$112.51M$78.15M$56.91M$130.18M$128.07M$124.39M$90.43M$78.12M$57.84M
Surprise %--------0.81%1.04%1.00%0.51%1.01%1.04%1.04%1.10%0.98%0.97%1.04%1.41%1.33%1.19%1.18%1.18%0.97%0.98%0.97%1.07%1.03%1.01%

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 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 19Jun 19Mar 19Mar 18Mar 17
# Analysts452237349464374347441115998812161919
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$77.90M$80.52M$73.53M$60.84M
Avg Forecast$226.35M$224.23M$216.97M$206.81M$206.34M$203.55M$185.85M$36.45M$178.87M$172.91M$165.49M$33.14M$185.29M$169.80M$148.71M$26.19M$141.31M$134.76M$126.48M$70.18M$80.27M$78.51M$77.05M$73.58M$72.23M$70.51M$68.78M$75.35M$71.16M$59.96M
High Forecast$231.17M$229.01M$221.59M$211.21M$210.73M$205.34M$189.81M$43.74M$181.00M$176.59M$169.02M$39.76M$189.24M$203.75M$150.95M$31.43M$143.44M$136.79M$128.39M$84.22M$81.48M$79.69M$78.21M$88.30M$73.31M$71.57M$69.81M$90.42M$85.39M$71.95M
Low Forecast$222.11M$220.03M$212.90M$202.93M$202.47M$202.56M$182.37M$29.16M$176.70M$169.67M$162.39M$26.51M$181.82M$135.84M$146.96M$20.96M$139.65M$133.17M$124.99M$56.15M$79.33M$77.58M$76.14M$58.87M$71.38M$69.68M$67.97M$60.28M$56.93M$47.97M
Surprise %---------1.01%1.11%5.12%0.77%0.88%1.02%5.72%1.07%1.17%1.21%1.41%1.24%1.18%1.08%1.18%1.26%1.18%1.13%1.07%1.03%1.01%

Western Alliance Ban's average Quarter SG&A projection for Dec 23 is $178.87M, based on 9 Wall Street analysts, with a range of $176.70M to $181.00M. The forecast indicates a 2.09% rise compared to WAL last annual SG&A of $175.20M (Sep 23).

Western Alliance Ban EPS Forecast

Dec 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 19Jun 19Mar 19Mar 18Mar 17
# Analysts452237349464374347441115998812161919
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$1.19$1.16$0.97$0.70
Avg Forecast$2.54$2.46$2.28$1.97$2.05$1.91$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$1.16$1.09$0.90$0.68
High Forecast$2.61$2.52$2.34$2.03$2.11$1.99$1.75$1.69$1.77$1.96$2.02$2.00$2.73$2.65$2.34$2.10$2.35$2.28$2.01$1.50$1.36$1.07$0.74$0.73$1.24$1.22$1.18$1.11$1.08$0.82
Low Forecast$2.48$2.40$2.22$1.92$2.00$1.84$1.66$1.60$1.58$1.86$1.92$1.90$2.59$2.52$2.26$2.03$2.27$2.21$1.94$1.44$1.31$1.03$0.72$0.70$1.19$1.17$1.14$1.08$0.72$0.54
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%1.03%1.06%1.07%1.02%

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 $1.60 and a high estimate of $1.69. 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
PACWPacWest Bancorp$7.54$34.50357.56%Hold
TFCTruist Financial$41.84$54.0729.23%Buy
CMAComerica$57.49$73.4227.71%Buy
ZIONZions Bancorporation, National Association$46.49$58.0024.76%Hold
USBU.S. Bancorp$44.62$54.9823.22%Buy
KEYKeyCorp$16.09$19.6322.00%Buy
FHNFirst Horizon$15.81$18.6117.71%Buy
HBANHuntington Bancshares$14.38$16.0411.54%Buy
RFRegions Financial$21.97$24.1910.10%Buy
WALWestern Alliance Ban$81.91$86.755.91%Buy
FITBFifth Third Bancorp$42.07$38.67-8.08%Buy

WAL Forecast FAQ


Yes, according to 9 Wall Street analysts, Western Alliance Ban (WAL) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 6 'Buy' recommendations, accounting for 66.67% of WAL's total ratings.

Western Alliance Ban (WAL) average price target is $86.75 with a range of $65 to $99, implying a 5.91% from its last price of $81.91. The data is based on 9 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

According to Wall Street analysts' prediction for WAL stock, the company can go up by 5.91% (from the last price of $81.91 to the average price target of $86.75), up by 20.86% based on the highest stock price target, and down by -20.64% based on the lowest stock price target.

WAL's average twelve months analyst stock price target of $86.75 does not support the claim that Western Alliance Ban can reach $120 in the near future.

Western Alliance Ban's analysts financial forecasts for the fiscal year (Dec 2024) are as follows: average revenue is $3.07B (high $3.13B, low $3.03B), average EBITDA is $1.67B (high $1.78B, low $1.56B), average net income is $922.88M (high $1B, low $844.43M), average SG&A $632.19M (high $649.62M, low $616.56M), and average EPS is $7.31 (high $7.54, low $7.11). WAL's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $3.47B (high $3.55B, low $3.41B), average EBITDA is $1.79B (high $1.83B, low $1.75B), average net income is $1.01B (high $1.04B, low $984.07M), average SG&A $874.36M (high $892.98M, low $857.98M), and average EPS is $9.25 (high $9.5, low $9.02).

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 $1.47B by -100.00%. The company's net income was $722.4M, missing the average estimation of $882.94M by -18.18%. Apple's SG&A was $0, missing the average forecast of $550.4M 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 $365.68M by -100.00%. Western Alliance Ban's net income was $147.9M, missing the average estimation of $183.41M by -19.36%. The company's SG&A was $0, missing the average forecast of $178.87M by -100.00%. Lastly, the company's EPS was $1.36, missing the average prediction of $1.68 by -19.10%