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Ares Management Corporation

ARES · NYSE

Analyst Consensus

Buy

14 analysts

$134

Current

—

Low

$152

Average

—

High

Average target implies +13.60% versus the current price.

Analyst Ratings Synthesis

Consensus is Buy across 14 analysts, with a mean price target of $149. The supplied consensus does not report a low or high target, so the target spread cannot be measured and the most- and least-bullish analysts cannot be identified. No analyst-specific target changes or rating revisions are provided for the past week, leaving the direction of revisions undetermined. The substantive disagreement visible in the evidence is between improving operating momentum—record fundraising, higher fee-paying AUM, and double-digit growth in fee-related earnings—and the quarter’s 4.16% revenue miss. That contrast, rather than a documented target revision, explains the available debate.

Rating Actions

No individual rating actions have been captured for ARESyet. Consensus figures above come from Nasdaq's aggregate feed.

Rating actions are extracted from published reporting. Each row links to its source.

Research Reports

Links to freely available third-party research. Outlook labels are our classification of each article's stance, not a rating of our own.

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Symbol: ARES
Type: Stock
Sector: Finance
Industry: Investment Advice
Exchange: NYSE

Ares Management Corporation (NYSE:ARES) is a leading global alternative investment manager offering clients complementary primary and secondary investment solutions across the credit, real estate, private equity and infrastructure asset classes. We seek to provide flexible capital to support businesses and create value for our stakeholders and within our communities. By collaborating across our investment groups, we aim to generate consistent and attractive investment returns throughout market cycles. As of June 30, 2024, Ares Management Corporation's global platform had over $447 billion of assets under management, with more than 2,950 employees operating across North America, Europe, Asia Pacific and the Middle East.

Key Issues

Bullish view

Record fundraising, higher fee-paying assets under management, and double-digit growth in fee-related earnings and realized income indicate that capital formation can continue expanding recurring earnings.

Bearish view

The quarter’s revenue missed expectations by 4.16%, showing that stronger fundraising and AUM do not necessarily translate into reported revenue at the pace investors expect.

Analyst Consensus

See all

Buy

14 analysts

$134

Current

—

Low

$152

Average

—

High

Average target implies +13.60% versus the current price.

Earnings History

BeatMissNo estimate

Ares Management Corporation

Analyst Consensus

Analyst Ratings Synthesis

Rating Actions

Research Reports

Covering Firms

Peers