UBS cuts Apollo Global Management stock target to USD 163
Published on 10/16/2026 at 09:14 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSAnalyst revision and reporting calendar
- UBS cut its Apollo target from USD 172 to USD 163 on October 13, 2026.
- Apollo estimated USD 375 million of alternative net investment income for the third quarter of 2026.
- Apollo Global Management stock trades at EUR 99.64 at 9:07 a.m. CEST at Lang & Schwarz on October 16, 2026.
- Apollo will report third-quarter 2026 results on November 3, 2026.
Apollo Global Management (ISIN US03769M1062) has a USD 163 UBS target after the bank cut it from USD 172 on October 13, 2026, according to MarketBeat. The revision keeps a buy rating but puts the analyst view alongside Apollo's preliminary third-quarter operating update.
Apollo reported estimated alternative net investment income of USD 375 million for the third quarter ended September 30, 2026. The estimate equated to a 10 percent annualized return on alternative net investments, while Athene's pooled investment vehicle was estimated at 9 percent and other alternative investments at 11 percent, according to the company's Apollo filing dated October 5, 2026.
Three dates frame the update
The recent chronology starts with Apollo's October 1, 2026 expansion of daily pricing across its USD 850 billion credit platform, described in an Apollo release. On October 5, 2026, the company estimated USD 375 million in alternative net investment income for the third quarter. On October 13, 2026, UBS cut its target from USD 172 to USD 163 while retaining a buy rating, as MarketBeat reported.
What does USD 375 million signal?
The estimate gives investors a quantified view of alternative investment performance before the full quarterly release. The 10 percent annualized return for the overall alternative portfolio sits between the 9 percent estimate for Athene's pooled vehicle and the 11 percent estimate for its other alternative investments.
Next reporting date is November 3
Apollo plans to release third-quarter 2026 financial results before trading opens on November 3, 2026, followed by an 8:30 a.m. ET webcast, according to its press release. Asset-level pricing for additional credit funds is expected to begin on October 30, 2026, according to Briefs.
Stock enters the pre-market
Apollo Global Management stock was trading at EUR 99.64 at Lang & Schwarz on October 16, 2026 at 9:07 a.m. CEST. The company is listed on the NYSE under ticker APO and operates across credit, private equity and real assets.
Apollo Global Management stock facts
- Company: Apollo Global Management, Inc.
- ISIN: US03769M1062
- Ticker: APO
- Primary exchange: NYSE
- Price Lang & Schwarz (as of October 16, 2026, 9:07 a.m. CEST): EUR 99.64
- Market capitalization: USD 66.5 billion (as of October 15, 2026)
- Sector / Industry: Financial Services / Asset Management
Market context: Market report S&P 500.
