Apollo Management(US:APO) Jing Ji Guan Cha Wang·2026-02-12 17:43Core Viewpoint - Apollo Global Management (APO) has received a "Buy" rating from Goldman Sachs, with the target price raised to $165 [1][2]. Company Status - As of September 30, 2025, the total assets under management (AUM) for the company are approximately $908.4 billion, with fee-earning assets reaching $685 billion, covering private equity, real estate, and credit in alternative investment sectors [3]. - In Q3 of fiscal year 2025, the company reported revenue of $9.823 billion, a year-over-year increase of 26.4%, and a net profit of $1.712 billion, which represents a significant year-over-year increase of 117.5%. However, the cumulative net profit for the first three quarters has decreased by 9.98% year-over-year [3]. - The company is shifting towards a defensive strategy by December 2025, focusing on reducing leverage, accumulating cash, and cutting exposure to high-risk assets to prepare for potential market volatility [3].