Apollo Global Management Stock Outlook: Is Wall Street Bullish or Bearish?

Core Insights - Apollo Global Management, Inc. (APO) is a private equity firm with a market cap of $70.6 billion, focusing on investments in credit, private equity, infrastructure, secondaries, and real estate markets to generate retirement and investment incomes [1] Performance Analysis - APO shares have underperformed the broader market, declining 15.4% over the past year, while the S&P 500 Index has increased by nearly 17.4% [2] - In 2025, APO stock is down 25.3%, contrasting with the S&P 500's 16% gains year-to-date [2] - Compared to the Financial Select Sector SPDR Fund (XLF), which gained about 10.8% over the past year, APO's underperformance appears less severe [3] Financial Results - Rising expenses have negatively impacted APO's performance [4] - For Q2, APO reported an adjusted EPS of $1.92, exceeding the consensus estimate of $1.85, with total revenues of $6.8 billion, marking a 13.2% year-over-year increase [4] Earnings Expectations - Analysts project a 9% growth in APO's EPS for the current fiscal year, expecting it to reach $7.18 on a diluted basis [5] - The earnings surprise history for APO is mixed, with two beats and two misses in the last four quarters [5] Analyst Ratings - Among 22 analysts covering APO, the consensus rating is a "Strong Buy," consisting of 15 "Strong Buy" ratings, one "Moderate Buy," and six "Holds" [5] - Morgan Stanley has maintained an "Equal Weight" rating on APO, lowering the price target to $151, indicating a potential upside of 22.3% from current levels [6] - The mean price target of $157.79 suggests a 27.8% premium to current prices, while the highest target of $185 indicates a potential upside of 49.9% [6]