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Apollo Global ManagementNYSEFinancialsAsset ManagementSnapshot 2026-06-12
Watch· this month
$133.88-0.02%
Close 2026-06-12 · 1-day change
Recent financial performance sits well below its industry cohort — worth keeping an eye on, though it has not freshly broken.
The bottom line
Recent financial performance is weak, and management's recent track record has been unsteady, with frequent disruptive corporate changes. Earnings quality is robust, cash backs up reported profits, but the sector backdrop is a headwind, and risk is moderate. Peer multiples imply a price about 5% below where it trades (it looks expensive on this basis); the read is fair, but weakening. If APO cuts guidance on the next call, that could be a meaningful negative. This read is provisional.
as of 2026-06-12
Quick facts
- Exchange
- NYSE
- Sector
- Financials
- Industry
- Asset Management
- Market cap
- $76.50B
- Employees
- 4,130
- IPO date
- 2022-05-10
- Next earnings
- 2026-08-04
Price
Daily closes. Earnings/event dots are placed inline.
Adjusted daily closes (split & dividend). Scroll over the chart to zoom; click a range to reset.
EarningsMaterial event
What's priced in
(what the market already expects)What it's worth (estimated)
A consensus fair price across 7 valuation methods, at three horizons. Current price $133.88. Estimates are diagnostics, not price targets. Short-horizon estimates are close to coin-flips, so confidence is a method-agreement read, not a prediction.
12-month· primaryfull
$106.24consensus
Range $95.64 – $139.16
vs price: +26% above
Method agreement — · 7 methods
No-growth: today's peer multiple on trailing earnings. The headline read.
3-yearinexpensive
$282.74consensus
Range $262.35 – $480.04
vs price: -53% below
Method agreement — · 5 methods
Embeds projected growth. Leans optimistic by design. Upside context.
5-yearinexpensive
How much to trust our fair value
We take the 12-month fair value above and grade our own number — how the market prices this name versus what we'd justify, and where the two diverge.
Re-ratingmedium confidence
At $134 APO trades at 22× p/e — 1.5× the 15× p/e peer median, and above its own 16× history. The market is re-rating it beyond its own range; our $99 fair value is medium-confidence here. Not investment advice.
Multiple (P/E)
21.7x
peer 14.9x · own history 16.1x
Premium
1.5x peer
1.3x its own history
Growth the price needs
35%
our forecast —
Our fair value
$99.21
range $93.41 – $139.81
How this stock is priced
One valuation read at a 12-month horizon, plus how price compares to peers and the company's own history.
Long-term · 1–3 yr
fullfair — but weakening12-month view
What's priced in
The market is pricing in roughly 35% of near-term growth above a flat-multiple fair value; not enough history to forecast a comparison. This describes what's priced in, not a forecast of the move.
Low fragilityrisk posture, not a price call
Only a turbulent sector regime (Heating) — not the full expensive x weak x turbulent stack.
Historical context
For similar setups historically (n=20,154): about 33% saw a 20%+ drawdown, and roughly 76% of those did not recover within the year. These are historical base rates for the cohort, not a forecast of this stock.
How strong is the business
(quality & execution)Factor signals
Each factor is a parallel diagnostic with a clear read of what it shows and how names like it have historically fared. Never aggregated into a single score.
Recent financial performance
weakOperating income rose in 1 of the last 3 quarter-over-quarter moves. Historically, Financials names rated weak grew net income 56% of the time over the next year (vs 59% for the rest of the cohort, n=3730).
22nd pctl · Financials
Earnings quality
robustOver the trailing year it converted 7.50x of net income into operating cash flow. Historically, Financials names rated robust grew net income 62% of the time over the next year (vs 54% for the rest of the cohort, n=3541).
97th pctl · Financials
Macro sensitivity
Most sensitive to the broad stock market.
- the broad stock market: This stock moves with the broad market (high beta).
Not enough signal to read sensitivity to the US dollar, long-term interest rates, real (inflation-adjusted) rates, Fed net liquidity.
Management & capital allocation
volatileEarnings setup & market context
The next print and the backdrop around it (sector regime and the AI cycle). Context for the path, not a forecast of returns.
Earnings setup · pre-print positioning
forward-looking
Bullish15 analysts, 68% Buyfor period ending 2026-06-30
Why this setup
Consensus revisions
EPS estimate $2.17 → $2.20 (+1.5% / 30d). 8 raised, 4 cut, 15 covering analysts.
Rating actions
0 upgrades, 0 downgrades / 30d, 2 maintained. 68% of analysts rate Buy.
Transition story with positive analyst positioning (often a turnaround setup).
Sector context
Intermediate · WeeklySector phase: financials is in growth, with decelerating (~3.2 years in phase).
Sector regime (90d momentum): headwind.Management scorecard
How management runs the business: capital, margins, balance sheet, and how reliably they guide and deliver.
Long-term · 1–3 yr
Overall: neutral
- Capital allocation
- weak
- Earnings discipline
- weak
- Margin discipline
- neutral
- Balance sheet
- strong
- Post-call reaction
- neutral
A guidance track record builds as the company issues and delivers on guidance.
as of 2026-06-12
How bumpy is the path
(risk while you hold it)Risk: how this stock moves
What a normal day, a bad day, and the worst of the last year would mean for a $10,000 position.
Intermediate · WeeklyLong-term · 1–3 yr
On a typical day, $10k can swing ±$131.
How much price usually moves either way.
On a bad day, this stock has moved -$431.
A rough but not unusual down day (about the 95th percentile).
In the worst 12 months, $10k could have lost $3,495.
Deepest peak-to-trough drop in the last year.
moderateas of 2026-06-12
Past results, not a forecast. Not investment advice.
What would change the read
(catalysts & re-read triggers)What changed
The most important moves since the prior daily snapshot.
Short-term · Daily
- No material changes since the prior snapshot.
No material changes since the prior snapshot.
as of 2026-06-12
What to watch next
Specific, dated things to watch for, each with what would confirm it and what would prove it wrong.
Intermediate · Weekly
- Either wayHigh confidenceWeeksactive 18d
Watch for Q1 2026 earnings results on August 4
Why it matters: This report will show if Apollo can maintain its growth momentum after a recent earnings miss.
What confirms / what disproves
Confirms one read:Earnings per share is over $0.60. This shows strong performance.
Confirms the other:Earnings per share falls below $0.50, signaling ongoing challenges.
Sector context
News catalysts
Recent news graded against this company's own objectives — whether it reinforces or challenges the thesis, and how confirmed it is.
No graded news catalysts for APO yet.
This sector is also watching
- Watch for revenue growth dropping below 10% across major banks
- Watch for changes in FOMC interest rate policy on June 17
What could change this view
Conditional scenarios: if X happens, the view would shift in this direction. These are not predictions.
Intermediate · Weekly
Upside triggers
- If sector bellwethers like BLK, BX, and KKR keep beating earnings and guiding higher, the Financials sector momentum should keep lifting APO and other Financials names. Worth watching these names for early signals.
- If APO raises forward guidance on the next earnings call (currently NEW as of 2026-02-09), that's a momentum boost. Street estimates typically follow guidance up and the stock tends to re-rate higher.
Downside triggers
- If APO cuts guidance on the next call (currently NEW as of 2026-02-09), that's a meaningful negative. The Street tends to walk down estimates and the stock usually takes a leg lower.
- If the Fed starts cutting rates from the current 3.62%, that would weigh on APO and other Financials names, since the sector usually outperforms when rates stay high.
- If sector bellwethers like BLK, BX, and KKR start missing or guiding lower, the Financials tailwind helping APO and other Financials names could fade. Watch these names for early warning.
Recent events
(material 8-K / filing activity)Material updates
Recent SEC 8-K filings ranked by likely impact, confidence, and recency.
- 2026-05-061mo agoItem 2.02
Results of Operations and Financial Condition. On May 6, 2026, Apollo Global Management, Inc. (“Apollo”) issued a summary press release and a detailed earnings presentation announcing its financial results for the first quarter ended March 31, 2026. A copy of the summary press release and the earnings presentation are attached hereto as Exhibit 99.1 and Exhibit 99.2, respectively, and incorporated herein by reference.
Earnings preannouncement—
Score history
Whether the overall read has been drifting up or down lately, and how it's changed since last week.
+6.4 vs last weeklatest as of 2026-06-13
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.