Raymond James Cuts Ally Financial (ALLY) Price Target to $52
Key Points
- Raymond James reiterated its Strong Buy rating on Ally Financial Inc. NYSE: ALLY on October 6, 2026, while lowering its price target from $55.00 to $52.00.
- Raymond James's $52 price target implies 36.34% upside from Ally Financial Inc.'s ($ALLY) current $38.14 share price.
- The stock recently traded near $38.14, staying below its analyst price targets and ahead of its upcoming earnings report on October 20, 2026.
- Other major firms like Citigroup, Wells Fargo, UBS, and TD Cowen have also recently adjusted their outlooks on the digital financial services provider.
Since the rating, $ALLY is down 0.1% after 1 week and up 0.2% to date (from the $37.62 close on Oct 6, 2026).
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On October 6, 2026, Raymond James kept its Strong Buy rating on Ally Financial Inc. (NYSE: ALLY) while lowering its price target from $55.00 to $52.00. The research note reflects the firm's forward-looking view on the digital lender as Wall Street updates its expectations for the financial sector.
ALLY
Ally Financial Inc.
Raymond James's Call on Ally Financial
In its October 6 research note, Raymond James decided to keep a Strong Buy rating on the company while shifting its price target down from $55.00 to $52.00.
Other Institutional Activity in Ally Financial
Large funds continue to adjust their holdings in the digital lender. Berkshire Hathaway, Inc reduced its holdings by 2,001,074 shares, ending with 27,000,000 shares worth about $1,017,360,008. Harris Associates L.P. trimmed its position by 303,705 shares, leaving it with 26,105,434 shares valued at roughly $983,652,761. Sessa Capital IM, L.P. kept its stake steady at 8,488,098 shares worth about $319,831,535 with no unit change. Meanwhile, Arrowstreet Capital, Limited Partnership grew its holdings by 79,370 shares, ending with 6,863,117 shares worth about $258,602,250.
Ally Financial Inc. Stock Down 4.6%
Ally Financial shares recently traded around $38.14, up about 1.4% from an event close of $37.62 on October 6, 2026. The stock trades below consensus analyst targets as the company prepares to share its latest financial results.
$ALLY price target
Ally Financial Inc. daily closes and this analyst's $52 target. Not advice.
Recent Earnings
Ally Financial reported trailing twelve months revenue of $7,897,999,872 and earnings of $4.25 per share, alongside a net margin of 18.4% and an annual revenue growth rate of 11.0%. The company's next earnings report is scheduled for October 20, 2026.
Dividend
The company pays an annual dividend rate of $1.20 per share, backed by a dividend payout ratio of 28.2%.
Insider Buying and Selling at Ally Financial Inc.
Company insiders executed several sales earlier in the year. Officer Douglas R. Timmerman sold 39,675 shares at an average price of $45.17 on April 17, 2026, for a total value of $1,792,175. Officer Stephanie N. Richard sold 5,000 shares at $42.14 on May 15, 2026, worth $210,708, and later sold another 5,000 shares at $44.23 on August 4, 2026, valued at $221,168.
Analysts Set New Price Targets
Wall Street firms have actively adjusted their targets for the stock in recent weeks. Citigroup maintained a Buy rating and moved its target from $58.00 to $50.00 on September 25, 2026. Wells Fargo downgraded the stock to Equal-Weight and cut its target from $55.00 to $42.00 on September 30, 2026. UBS maintained a Buy rating while lowering its target from $54.00 to $50.00 on October 5, 2026. On October 6, 2026, alongside Raymond James, TD Cowen maintained a Buy rating while trimming its target from $55.00 to $54.00.
About Ally Financial
Ally Financial Inc. operates as a digital financial-services company providing consumer and corporate products across the United States and Canada. Its primary operations span automotive finance, insurance services, and corporate lending. The firm's performance is closely watched as a bellwether for auto lending trends and consumer credit health.
Bottom Line
Investors will look closely at Ally Financial's upcoming earnings release on October 20, 2026, for fresh details on credit quality and loan demand. Watch for further institutional filings and analyst updates following the report.
Related Filing Alerts
Source: Raymond James's rating change on $ALLY (Oct 6, 2026). Written by software, not financial advice. How we make alerts