Key Takeaways
- • Piper Sandler cut its price target on Ares Management (NYSE: ARES) from USD 150.00 to USD 143.00 on October 19, 2026, while maintaining an overweight rating, according to MarketBeat.
- • The revised target sits 22.97 percent above the NYSE price of USD 116.31 at 3:59 p.m. ET on October 20, 2026.
- • MarketBeat lists a Moderate Buy consensus with an average target of USD 154.25 from 19 analysts, above the Piper Sandler figure.
- • Ares is scheduled to report results for the quarter ending September 30, 2026 before the NYSE opens on October 29, 2026, with a 9:00 a.m. ET conference call.
- • The stock trades with a market capitalization of USD 38.2 billion and a P/E ratio of 48.26, versus 24.51 for Blackstone and 24.92 for Apollo.
Summary
Piper Sandler lowered its price target on Ares Management Corporation from USD 150.00 to USD 143.00 on October 19, 2026, while keeping an overweight rating, according to MarketBeat as reported by AD HOC NEWS. The revision is a modest reduction, and the new target remains well above the stock's recent trading level.
On the NYSE, Ares Management closed its October 20, 2026 session at a price of USD 116.31 as of 3:59 p.m. ET, placing the Piper Sandler target 22.97 percent above the US quotation. In Germany, the stock traded at EUR 103.28 at Lang & Schwarz on the evening of October 20 at 9:53 p.m. CEST, up 1.85 percent from the Frankfurt close of EUR 101.40 on October 19. The NYSE price sits between a 52-week low of USD 95.80 and high of USD 181.19.
MarketBeat also reports a Moderate Buy consensus and an average target of USD 154.25 from 19 analysts as of October 19, 2026. The stock carries a market capitalization of USD 38.2 billion and a P/E ratio of 48.26. Peers show lower multiples: Blackstone trades at a P/E of 24.51 with a market capitalization of USD 127.0 billion and rose 3.00 percent on October 20, while Apollo Global Management has a P/E of 24.92, a market capitalization of USD 65.7 billion, and gained 0.22 percent.
The next scheduled catalyst is Ares's earnings release for the quarter ending September 30, 2026, due before the NYSE opens on October 29, 2026, according to the company's release dated October 2, 2026. Investors will look to those results for a new earnings reference point that could support or challenge the revised Piper Sandler target.
On the NYSE, Ares Management closed its October 20, 2026 session at a price of USD 116.31 as of 3:59 p.m. ET, placing the Piper Sandler target 22.97 percent above the US quotation. In Germany, the stock traded at EUR 103.28 at Lang & Schwarz on the evening of October 20 at 9:53 p.m. CEST, up 1.85 percent from the Frankfurt close of EUR 101.40 on October 19. The NYSE price sits between a 52-week low of USD 95.80 and high of USD 181.19.
MarketBeat also reports a Moderate Buy consensus and an average target of USD 154.25 from 19 analysts as of October 19, 2026. The stock carries a market capitalization of USD 38.2 billion and a P/E ratio of 48.26. Peers show lower multiples: Blackstone trades at a P/E of 24.51 with a market capitalization of USD 127.0 billion and rose 3.00 percent on October 20, while Apollo Global Management has a P/E of 24.92, a market capitalization of USD 65.7 billion, and gained 0.22 percent.
The next scheduled catalyst is Ares's earnings release for the quarter ending September 30, 2026, due before the NYSE opens on October 29, 2026, according to the company's release dated October 2, 2026. Investors will look to those results for a new earnings reference point that could support or challenge the revised Piper Sandler target.
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