Apollo Global Management stock enters October with USD 15 billion AI project
Published on 10/05/2026 at 17:18 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Apollo Global Management (ISIN US03769M1062) stock was trading at USD 114.75 on NYSE on October 5, 2026 at 11:17 a.m. ET, while its market capitalization stood at USD 66.1 billion. On October 2, The Japan Times reported that Apollo would help finance a USD 15 billion AI infrastructure project in Japan.
AI financing sets the theme
Apollo intends to act as a strategic investment and financing partner for a Chiba venture involving RHAELM Holdings, Jera and Dell Technologies, according to The Japan Times. The project is designed to deploy more than USD 15 billion across land, power infrastructure, construction and computing, with electricity capacity of up to 400 megawatts.
For Apollo, the transaction connects its alternative asset platform with data-center financing and Japan's expanding digital infrastructure. The investment theme is concrete, but the reported project capital is not presented as Apollo's own equity commitment.
Quarterly numbers set a hurdle
MarketBeat reported that Apollo's latest quarterly results, released on August 4, 2026, included USD 2.11 EPS against a USD 2.16 consensus estimate and revenue of USD 5.57 billion against USD 5.65 billion expected.
The same report put prior-year quarterly EPS at USD 1.92, making the latest USD 2.11 figure higher by USD 0.19. The comparison shows earnings growth alongside a modest miss against the period's consensus estimates.
Targets leave room for debate
Wells Fargo began coverage on October 2, 2026 with an Equal-Weight rating and a USD 127 price target, while MarketBeat lists a Moderate Buy consensus from 18 analysts and an average target of USD 150.36. The Wells Fargo target lies 10.7 percent above the October 5 price, while the average consensus target lies 31.0 percent above it.
Apollo's next scheduled checkpoint is its third-quarter 2026 report on November 3, 2026, before NYSE trading opens, with management's webcast scheduled for 8:30 a.m. ET, according to StockTitan.
Stock stays below yearly high
Apollo Global Management stock was trading at USD 114.75 on NYSE on October 5, 2026 at 11:17 a.m. ET, up 0.64 percent from USD 114.02, with volume of 741,012 shares. Its 52-week range was USD 99.56 to USD 153.29, placing the quote USD 38.54 below the high.
Apollo Global Management stock facts
- Company: Apollo Global Management, Inc.
- ISIN: US03769M1062
- Ticker: APO
- Trading venue: NYSE
- Price (as of October 5, 2026, 11:17 a.m. ET): USD 114.75
- Market capitalization: USD 66.1 billion (as of October 5, 2026)
- 52-week range: USD 99.56-153.29 (as of October 5, 2026)
- Sector / Industry: Financial Services / Asset Management
Upcoming dates for Apollo Global Management stock
- November 3, 2026: Third-quarter 2026 financial results and webcast
