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APO Apollo Global Management, Inc. - Fundamental Analysis

BULLISH
APO Stock | Fundamental Analysis & Investment Insights
NYSE Financial Services Asset Management
Current Price
$130.6
Analyst Target
$156.81
+20.1% Upside
52W High
$189.49
52W Low
$102.58

AI Analysis

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Confidence Score
85%
Analysis Accuracy
Apollo Global Management presents a compelling investment opportunity despite near-term price weakness, with strong year-over-year revenue and earnings growth of 26.4% and 115.3%, respectively, signaling robust operating leverage in its asset management platform. The stock trades at a forward P/E of 15.40, a meaningful discount to sector peers averaging 23.27, while delivering above-average profitability with a 29.92% operating margin and 16.55% ROE. Although insider selling of $125.54M over the past six months raises caution, the analyst consensus remains solidly 'buy' with a $156.81 target implying 19.7% upside, supported by improving earnings momentum and attractive relative valuation. Over the long term, APO has delivered exceptional returns, up 224.9% over five years, underscoring its capital allocation prowess despite a challenging 12-month period marked by a -19.5% share price decline.

Key Strengths

Exceptional earnings growth of 115.3% YoY, significantly outpacing sector average revenue growth of 56.54% and reflecting strong fee and performance income realization
Superior profitability with 29.92% operating margin and 16.55% ROE, both above peer medians despite lower than average ROE vs sector (42.28%)
Attractive valuation at forward P/E of 15.40 vs sector average of 23.27 and peer group trading from 12.61 (PYPL) to 27.25 (BLK)
Healthy financial leverage at Debt/Equity of 0.95, within manageable range and below SCHW's 1.00 despite higher earnings volatility
Low payout ratio of 28.35% provides significant capacity for dividend growth or reinvestment while maintaining a 1.56% yield

Key Risks

Recent insider selling totaling $125.54M, including large transactions by a >10% beneficial owner and CFO, signals potential lack of confidence at current valuation
Missing quarterly earnings data and lack of earnings surprises history limits visibility into earnings quality and predictability
Price/Sales of 2.79 is high relative to asset management peers like BLK (2.4x) and SCHW (~5x), suggesting premium pricing on revenue
ROA of 1.44% is low compared to sector dynamics, indicating inefficient asset utilization relative to capital base
Underperformance over the past year (-19.5%) despite strong fundamentals suggests sentiment or macro headwinds may persist
AI Fair Value Estimate
Based on comprehensive analysis
$156.81
+20.1% above current price

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