On July 10, 2025, Citigroup analyst Christopher Allen released an updated assessment of Apollo Asset Management (APO, Financial). The analyst maintained a 'Buy' rating for the stock, consistent with the prior evaluation. This indicates continued confidence in the investment potential of Apollo Asset Management.
In addition to the sustained 'Buy' rating, Citigroup has raised its price target for Apollo Asset Management (APO, Financial) from $160.00 to $170.00 USD. This adjustment represents an increase of 6.25% from the previous target, suggesting an optimistic outlook on the company's future performance.
Investors in Apollo Asset Management (APO, Financial) may take note of this development as it underscores the analyst's positive expectations. The revised price target aligns with the company's strategic initiatives and market conditions, as assessed by Christopher Allen.
The decision to enhance the price target while maintaining the 'Buy' rating reflects Citigroup's belief in Apollo Asset Management's (APO, Financial) potential for growth and value creation. This update is relevant to stakeholders monitoring the financial trajectory of the company.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 16 analysts, the average target price for Apollo Asset Management, Inc. (APO, Financial) is $158.63 with a high estimate of $176.00 and a low estimate of $135.00. The average target implies an upside of 7.03% from the current price of $148.21. More detailed estimate data can be found on the Apollo Asset Management, Inc. (APO) Forecast page.
Based on the consensus recommendation from 21 brokerage firms, Apollo Asset Management, Inc.'s (APO, Financial) average brokerage recommendation is currently 2.0, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Apollo Asset Management, Inc. (APO, Financial) in one year is $106.79, suggesting a downside of 27.95% from the current price of $148.21. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Apollo Asset Management, Inc. (APO) Summary page.
