Apollo's Strong Q3 Results Propel Price Forecast Upgrade — Analyst Highlights Asset Growth And Future Potential
Apollo's Strong Q3 Results Propel Price Forecast Upgrade — Analyst Highlights Asset Growth And Future Potential
Apollo Global Management, Inc. (NYSE:APO) shares are trading higher on Wednesday.
周三，阿波罗环球管理公司（纽约证券交易所代码：APO）股价上涨。
On Tuesday, Apollo reported third-quarter adjusted earnings per share of $1.85, surpassing analyst estimates of $1.72 and revenue of $7.77 billion, beating the street view of $4.13 billion.
周二，阿波罗公布的第三季度调整后每股收益为1.85美元，超过了分析师预期的1.72美元和77.7亿美元的收入，超过了街景的41.3亿美元。
Apollo said it now manages a total of $733 billion in assets, with $551 billion generating fees. Over the past year, Apollo saw $151 billion in new inflows and deployed $248 billion in capital. Apollo's Fee Related Earnings (FRE) were $531 million, while Spread Related Earnings (SRE) were $856 million.
阿波罗表示，它现在管理的资产总额为7,330亿美元，其中5,510亿美元产生费用。在过去的一年中，阿波罗获得了1510亿美元的新资金流入，并部署了2480亿美元的资本。阿波罗的费用相关收益（FRE）为5.31亿美元，而利差相关收益（SRE）为8.56亿美元。
JP Morgan analyst Kenneth B. Worthington raised the price target to $161 from $143 while maintaining an Overweight rating.
摩根大通分析师肯尼思·沃辛顿将目标股价从143美元上调至161美元，同时维持增持评级。
The analyst writes that, in just three quarters of 2024, APO has already surpassed the $150 billion 2026 target set during the previous investor day and is on track to achieve the $275 billion annual target by 2029.
这位分析师写道，在2024年的短短三个季度中，APO已经超过了上一个投资者日设定的2026年1500亿美元的目标，并有望在2029年之前实现2750亿美元的年度目标。
Following the strong performance and positive commentary, the analyst remains confident that APO's ambitious 2029 targets—20% annual FRE growth, 20% annual SRE growth, and doubling ANI/Sh to $15—are achievable.
在强劲的表现和积极的评论之后，分析师仍然相信，APO的2029年雄心勃勃的目标——20％的FRE年增长率，20％的年度SRE增长以及ANI/SH翻一番至15美元——是可以实现的。
As a result, Worthington raised the multiple applied to APO's 2026E post-tax, post-SBC FRE from a range of 23.0x-25.0x to 27.5x.
结果，沃辛顿将适用于APO2026E税后、SBC后的FRE的倍数从23.0x25.0倍提高到27.5倍。
The analyst raised the price target from $143 to $161 and reiterated the stock's Overweight rating.
该分析师将目标股价从143美元上调至161美元，并重申了该股的增持评级。
Investors can gain exposure to the BX stock via EA Series Trust WHITEWOLF Publicly Listed Private Equity ETF (BATS:LBO) and Fidelity Disruptive Finance ETF (NASDAQ:FDFF).
投资者可以通过EA系列信托WHITEWOLF公开上市私募股权ETF（BATS: LBO）和富达颠覆性金融ETF（纳斯达克股票代码：FDFF）获得BX股票的敞口。
Price Action: APO shares are up 9.78% at $163.86 at the last check Wednesday.
价格走势：在周三的最后一次检查中，APO股价上涨9.78％，至163.86美元。
Image via Shutterstock
图片来自 Shutterstock
- Apollo's Fee Related Earnings Growth Sets It Apart in Alternative Assets, Says Goldman Sachs With Bullish EPS Forecast
- 高盛表示，每股收益预测看涨，阿波罗的费用相关收益增长使其在另类资产中脱颖而出
