UBS Cuts Apollo Global Management (APO) Price Target to $163
UBS has reiterated its Buy rating on Apollo Global Management with a new price target of $163.00, a 45.99% upside from the current price.
Reviewed by automated data checks against the source data. How we make and check alerts
UBS cut its price target on Apollo Global Management, Inc. ($APO) to $163 from $172 on October 13, 2026, and rates the stock "Buy".
Since the rating, $APO is down 4.7% to date (from the $116.28 close on Oct 13, 2026).
APO
Apollo Global Management, Inc.
Key Points
- On October 13, 2026, UBS maintained its Buy rating on Apollo Global Management, setting a new price target of $163.00, down from $172.00.
- UBS's $163 price target implies 45.99% upside from Apollo Global Management, Inc.'s ($APO) current $111.66 share price.
- As of October 16, 2026, Apollo's shares are trading at $111.66, which is 31.5% below UBS's target and 27.2% below its 52-week high of $153.29.
- The stock has a P/E ratio of 40.1 and a market cap of approximately $66.1 billion, with analysts holding a consensus Buy rating.
Get $APO trade alerts by text
We text you when insiders, Congress or big funds trade $APO. Free.
Not investment advice. EarningsIQ is not a registered investment adviser, and this automated Apollo Global Management, Inc. alert may contain errors. Disclosures
UBS has reiterated its Buy rating on Apollo Global Management, Inc. (NYSE: APO) on October 13, 2026, and set a new price target of $163.00, down from $172.00. This rating comes as the firm's shares trade at $111.66 as of October 16, 2026.
UBS's Call on Apollo Global Management
UBS maintained its Buy rating for Apollo Global Management while lowering its price target from $172.00 to $163.00. The new target is significantly above the recent trading price, indicating potential upside for investors.
Other Institutional Activity in Apollo Global Management
Several other institutional players have been active in Apollo's stock. Blackrock Inc. reduced its holdings by 1,315,991 shares, ending with 33,224,455 shares valued at about $3.68 billion. Vanguard Capital Management LLC slightly increased its stake by 16,908 shares, for a total of 28,196,855 shares worth approximately $3.12 billion. FMR, LLC added 2,243,829 shares, bringing its total to 24,220,604 shares valued at about $2.68 billion. Meanwhile, Capital Research Global Investors decreased its position by 2,209,795 shares, now holding 23,972,610 shares worth around $2.66 billion. State Street Corporation grew its holdings by 260,917 shares, totaling 19,878,764 shares valued at about $2.20 billion.
Apollo Global Management, Inc. Stock Down 1.5%
Apollo Global Management shares are currently trading below their 50-day moving average of $126.93 and their 200-day moving average of $125.20, both by about 12% and 10.8%, respectively. The stock is also 27.2% below its 52-week high of $153.29 but remains 12.2% above its 52-week low of $99.56. This pricing context highlights a significant gap between the current trading level and the new analyst target.
$APO price target
Apollo Global Management, Inc. daily closes and this analyst's $163 target. Not advice.
Recent Earnings
Apollo Global Management reported trailing twelve-month revenue of approximately $35.6 billion, with an impressive year-over-year revenue growth of 63.8%. The company's net margin stands at 5.3% and return on equity (ROE) at 11.4%. The next earnings report is 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.
Insider Buying and Selling at Apollo Global Management, Inc.
Insider trading has seen some action, with Chief Financial Officer Martin B. Kelly selling 7,000 shares at an average price of $134.64 on May 14, 2026, totaling about $942,514. He also sold another 3,000 shares at an average price of $140.84 on August 14, 2026, valued at approximately $422,535. Additionally, Officer John P. Zito sold 48,644 shares on May 27, 2026, totaling around $6.36 million.
Analysts Set New Price Targets
On October 13, 2026, UBS maintained its Buy rating on Apollo Global Management and set a price target of $163.00. The consensus among analysts shows a Buy rating with a mean price target of $150.10 based on 20 opinions.
About Apollo Global Management
Apollo Global Management, Inc. is a private equity firm based in New York, specializing in investments across credit, private equity, infrastructure, secondaries, and real estate markets. The firm focuses on both private and public markets, making it a key player in the financial services sector.
Bottom Line
Investors should watch for the upcoming earnings report on November 3, 2026, as well as any further updates from analysts. UBS's latest rating underscores the potential for growth in Apollo Global Management despite the current trading challenges.
Related Filing Alerts
Source: UBS's rating change on $APO (Oct 13, 2026). Written by software, not financial advice. How we make alerts