Piper Sandler cuts target for Apollo Global Management stock to USD 145
Published on 10/20/2026 at 10:45 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSAnalyst pressure and operating scale
- On October 19, 2026, Piper Sandler cut its Apollo target from USD 159 to USD 145.
- For the second quarter of 2026, revenue rose 63.70 percent to USD 11.15 billion.
- Apollo Global Management stock trades at EUR 98.87 at 10:37 a.m. CEST at Lang & Schwarz on October 20, 2026.
Apollo Global Management (ISIN US03769M1062) faces a lower USD 145 target after MarketBeat reported on October 19, 2026 that Piper Sandler cut its price objective from USD 159 to USD 145 while keeping an overweight rating. The target reduction equals 8.81 percent.
The latest operating figures give the valuation debate more substance. TickerScout reported that Apollo generated USD 11.153 billion in total revenue and USD 1.336 billion in GAAP net income attributable to common stockholders in the second quarter of 2026, ended June 30, 2026.
Three dates show the changing picture
TickerScout said Apollo reported USD 11.153 billion of revenue on August 4, 2026, while its October 5, 2026 preliminary estimate for Athene alternative net investment income was USD 375 million. The latest event came on October 19, 2026, when MarketBeat reported Piper Sandler's move from USD 159 to USD 145.
What does the target cut mean for valuation?
The lower target still sits above Apollo's latest US market quotation cited by MarketBeat, but the direction of the revision matters because the target moved down by USD 14. MarketBeat listed 14 Buy ratings and six Hold ratings, with a consensus target of USD 151.90, while its October 19, 2026 market snapshot put Apollo's market capitalization at USD 66.2 billion.
Next date is November 3, 2026
Stock Analysis lists November 3, 2026 as Apollo's next earnings date. The company is scheduled to report third-quarter 2026 results before the opening of trading.
Stock price and investor perspective
The immediate question is whether the coming third-quarter figures can stabilize the gap between operating scale and analyst expectations. Apollo's second-quarter revenue growth and the October target revision point in different directions, making the November release the next concrete valuation test. Apollo Global Management stock was trading at EUR 98.87 at Lang & Schwarz on October 20, 2026 at 10:37 a.m. CEST. The further course of trading is shown by the continuously updated real-time quote of Apollo Global Management stock.
Apollo Global Management at a glance
- Company: Apollo Global Management, Inc.
- ISIN: US03769M1062
- Ticker: APO
- Primary exchange: NYSE
- Price Lang & Schwarz (as of October 20, 2026, 10:37 a.m. CEST): EUR 98.87
- Market capitalization: USD 66.2 billion (as of October 19, 2026)
- Sector / Industry: Financial Services / Asset Management
- Next earnings date: November 3, 2026
Market context: Market report S&P 500.
