BofA cuts target for Ares Management stock from USD 160 to USD 156
Published on 10/07/2026 at 08:17 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Ares Management (ISIN US03990B1017) was trading at EUR 104.85 at Lang & Schwarz on October 7, 2026 at 8:13 a.m. CEST, up EUR 0.15 or 0.14 percent versus the prior close of EUR 104.70. The latest analyst action came on October 5, 2026, when BofA cut its price target from USD 160.00 to USD 156.00 while keeping a Buy rating, according to Markets Insider.
BofA trims target before results
The USD 4.00 reduction equals a 2.50 percent cut from the previous target. BofA said it was adjusting estimates and targets for alternative and traditional asset managers ahead of third-quarter earnings.
The lower target contrasts with a Buy rating, leaving the analyst action constructive but more cautious. For investors, the key question is whether Ares can convert asset growth and fundraising into recurring fee income while maintaining margins.
Capital commitments keep expanding
Ares strengthened its position in Plenitude through a capital contribution of more than EUR 1.00 billion on October 1, 2026, as part of a EUR 1.50 billion increase by Ares and Eni. Ares now holds 26.24 percent of Plenitude's share capital, according to FinanzNachrichten.
The transaction adds exposure to an infrastructure investment with a pre-money equity valuation of EUR 10.75 billion. Ares also reported more than USD 671.00 billion in assets under management as of June 30, 2026, showing the scale behind its alternative investment platform.
Second-quarter growth meets a softer share price
In the second quarter of 2026, revenue reached USD 1.43 billion, up 5.80 percent from the prior-year quarter, while net income rose 24.00 percent to USD 125.30 million, according to Simply Wall St. The same report said earnings per share increased to USD 0.55 from USD 0.46.
The next scheduled reporting date is October 29, 2026, before the New York Stock Exchange opens, with a conference call planned for 11:00 a.m. Eastern Time, according to EQS News.
Ares stock starts pre-market trading
Ares Management stock was trading at EUR 104.85 at Lang & Schwarz on October 7, 2026 at 8:13 a.m. CEST, plus 0.14 percent versus the Lang & Schwarz prior close of EUR 104.70. The primary listing is on the NYSE, where the finance quote showed a USD 38.7 billion market capitalization, a 52-week range of USD 95.80 to USD 181.19 and a latest quote of USD 117.72 as of October 6, 2026.
The further course of trading is shown by the continuously updated real-time quote of Ares Management stock.
Ares Management stock at a glance
- Company: Ares Management Corporation
- ISIN: US03990B1017
- Ticker: ARES
- Primary exchange: NYSE
- Price Lang & Schwarz as of October 7, 2026, 8:13 a.m. CEST: EUR 104.85
- Change versus prior close: plus 0.14 percent
- Prior close Lang & Schwarz October 6, 2026: EUR 104.70
- Market capitalization: USD 38.7 billion as of October 6, 2026
- 52-week range: USD 95.80-181.19 as of October 6, 2026
- Sector / Industry: Financial Services / Asset Management
- Next earnings date: October 29, 2026
