Piper Sandler Cuts APO Price Target to $145
Key Points
- Piper Sandler maintained an Overweight rating on Apollo Global Management, Inc. on October 19, 2026, adjusting its price target down to $145 from $159.
- Piper Sandler's $145 price target implies 30.51% upside from Apollo Global Management, Inc.'s ($APO) current $111.10 share price.
- Apollo Global Management pays an annual dividend yielding 2.01% with a payout ratio of 75.0%.
- Wall Street maintains a general buy consensus on the asset management firm as shares trade near $111.10.
Get Apollo Global Management text alerts
We text you when insiders, Congress, analysts or big funds move on $APO.
By entering your mobile number and tapping the sign-up button, you provide express written consent to receive recurring automated text messages from TradeTexts at that number, including stock alerts about SEC filings, insider and congress trades, analyst ratings, hedge fund moves, and earnings results. Consent is not a condition of any purchase. Message frequency varies. Messages are not investment advice. Message and data rates may apply. Reply HELP for help and STOP to opt out at any time. See our Terms and Privacy Policy.
Not investment advice. TradeTexts is not a registered investment adviser, and this automated Apollo Global Management, Inc. alert may contain errors. Disclosures
On October 19, 2026, Piper Sandler maintained its Overweight rating on Apollo Global Management, Inc. (NYSE: APO) while lowering its price target from $159 to $145. According to a research note issued by the firm, the updated target reflects a reassessment of the asset manager's valuation amid recent market conditions.
APO
Apollo Global Management, Inc.
Piper Sandler vs. the S&P 500
Hypothetical returns from Piper Sandler's disclosed trades, not real profit or advice. How we model this.
Piper Sandler's Call on Apollo Global Management, Inc.
Piper Sandler kept its positive stance intact with an Overweight rating on October 19, 2026, though it pared back its expectations by dropping the target price by $14 to $145. Other Wall Street firms have also adjusted their views recently, including UBS maintaining a Buy rating with a reduced target of $163 on October 13, 2026, and TD Cowen maintaining a Buy rating with a target of $154 on October 12, 2026.
Other Institutional Activity in Apollo Global Management, Inc.
Franklin Resources, Inc. grew its holdings by 578,830 shares, ending with 10,456,470 shares worth about $1,164,589,346. National Philanthropic Trust added 133,278 shares to finish with 9,138,579 shares valued at roughly $1,017,809,236.
Apollo Global Management, Inc. Stock Down 2.0%
Shares of Apollo Global Management closed at $111.38 on October 19, 2026, and recently traded around $111.10. The stock sits below its 50-day moving average and its 200-day moving average, while holding about 11.6% above its 52-week low of $99.56.
$APO price target
Apollo Global Management, Inc. daily closes and this analyst's $145 target. Not advice.
Recent Earnings
Apollo Global Management reported trailing-twelve-month revenue of $35,598,000,128 alongside basic earnings of $2.79 per share. The company posted a net margin of 5.3% and a return on equity of 11.4%, with its next quarterly earnings report scheduled for November 3, 2026.
Earnings drift grade
Outlook vs expectations on the last report — not price action.
-
Forward outlook
3 analysts raised price targets.
-
EPS & revenue
EPS missed estimates by 0.5%. Revenue missed estimates by 8.2%.
-
Profit surprise
EBITDA missed by 81 percent. Operating income missed by 78 percent.
-
Pre-earnings setup
Bar was high, analysts already very bullish.
-
Analyst signal
3 target raises.
-
Earnings quality
Gross margin up 5.9 points. Operating margin down 20.9 points. Positive free cash flow.
Earnings Call Summary
Apollo had a strong quarter in origination at $71 billion and capital formation at $115 billion, though overall revenue fell short at $4.93 billion versus $5.37 billion expected and adjusted earnings of $1.94 per share missed the $1.98 consensus. Management stressed they are being defensive about geopolitical and economic risks while remaining well positioned to grow through their large origination pipeline and $40 billion in Athene cash.
Guidance Management reaffirmed its outlook for 20 percent growth in fee-related earnings and 10 percent growth in spread-related earnings in 2026, assuming an 11 percent return on alternative investments. No change to prior guidance despite the weaker quarter.
Neutral report. Results and guidance were close to expectations, with limited evidence of a reset either way.
Dividend
The company offers an annual dividend yield of 2.01% backed by a dividend payout ratio of 75.0%.
Insider Buying and Selling at Apollo Global Management, Inc.
Chief Financial Officer Martin B Kelly sold 7,000 shares on May 14, 2026, at an average price of $134.64 for a total value of $942,514. Later, on May 27, 2026, insider John P. Zito sold 48,644 shares valued at $6,355,708. Martin B Kelly also sold 3,000 shares on August 14, 2026, at an average price of $140.84 totaling $422,535.
Analysts Set New Price Targets
JP Morgan maintained an Overweight rating on September 2, 2026, with a target of $154. Wells Fargo initiated coverage on October 2, 2026, with an Equal-Weight rating and a $127 target. Overall, the stock carries a consensus buy recommendation from 20 analysts with a mean price target of $150.10.
About Apollo Global Management, Inc.
Apollo Global Management is a financial services firm based in New York that focuses on asset management across private equity, credit, and real estate markets. The firm manages capital for institutional and individual investors globally.
Bottom Line
Investors will look toward the company's upcoming earnings release on November 3, 2026, for further insight into its financial performance. Piper Sandler's revised target highlights evolving sentiment across the asset management sector.
Related Filing Alerts
Source: Piper Sandler's rating change on $APO (Oct 19, 2026). Written by software, not financial advice. How we make alerts