The Carlyle Group stock falls 1.41 percent as Wells Fargo starts coverage
Published on 10/04/2026 at 10:06 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
The Carlyle Group stock (ISIN US14316J1088) fell 1.41 percent to USD 39.82 on NASDAQ on October 2, 2026 at 4:00 p.m. ET, leaving the shares close to the 52-week low of USD 38.72. The immediate market catalyst is fresh analyst coverage: MarketBeat reported on October 3, 2026 that Wells Fargo initiated coverage with an Equal Weight rating and a USD 43.00 price target.
Wells Fargo sets a measured target
The USD 43.00 target stands USD 3.18 above the October 2 price, equal to 8.0 percent upside. MarketBeat also reported a Hold consensus and an average target of USD 57.87 based on 17 ratings, showing a wide gap between the new cautious view and the broader analyst range.
The stock opened at USD 40.90 and traded between USD 39.66 and USD 41.74 on October 2. Its 50-day moving average stood at USD 45.43 and its 200-day moving average at USD 46.06, placing the reference price below both trend lines.
Second-quarter earnings sharpen the picture
Yahoo Finance published the second-quarter 2026 earnings call transcript dated August 5, 2026. Carlyle said distributable earnings reached USD 472 million, or USD 1.07 per share, while fee-related earnings rose 11 percent year over year to a record USD 358 million at a 47 percent margin.
The same call showed assets under management at a record USD 485 billion, with USD 56 billion of inflows over the 12 months through the second quarter. Carlyle also declared a quarterly dividend of USD 0.35 per common share, while management said it had USD 1.6 billion remaining under its USD 2 billion repurchase authorization.
MarketBeat reported that Carlyle's quarterly EPS of USD 1.07 exceeded the USD 0.91 consensus estimate, while revenue reached USD 1.11 billion and declined 28.6 percent year over year. That contrast puts the focus on recurring fee growth and fundraising rather than revenue alone.
Carlyle stock stays near yearly low
The Carlyle Group stock was last at USD 39.82 on NASDAQ on October 2, 2026 at 4:00 p.m. ET, with a market capitalization of USD 14.3 billion and volume of 3,460,990 shares. The 52-week range was USD 38.72 to USD 67.30, leaving the stock 41.3 percent below its yearly high.
The Carlyle Group stock snapshot
- Company: The Carlyle Group Inc.
- ISIN: US14316J1088
- Ticker: CG
- Trading venue: NASDAQ
- Price as of October 2, 2026, 4:00 p.m. ET: USD 39.82
- Market capitalization: USD 14.3 billion (as of October 2, 2026)
- 52-week range: USD 38.72-USD 67.30 (as of October 2, 2026)
- Sector / Industry: Financial services / Alternative asset management
