Apollo Global Management has emerged as a standout performer in alternative asset management. Its Q4 2025 earnings beat expectations, and management's 2026 projections point to accelerated growth.
Q4 2025 EPS was $2.47, surpassing the $2.04 consensus. Strong results across credit, private equity, and real assets drove the outperformance.
Analysts forecast 20% Fee-Related Earnings growth and 10% Sustaining Related Earnings growth in 2026. These reflect Apollo's successful platform scaling.
Long-term targets include 10% CAGR for Strategic Real Estate through 2029. The upcoming Fund XI flagship private equity fund is a key catalyst.
Apollo's market cap stands at $74.09 billion, with shares at $128.51. According to Bond.az analysis, the stock appears overvalued relative to fair value, but some analysts see it as undervalued given its multi-year growth trajectory.
Barclays Capital reiterated an Overweight rating and $158 price target on February 10, 2026, citing solid Q4 results and strong 2026 expectations.
