In a report released on March 6, Brennan Hawken from BMO Capital assigned a Buy rating on Carlyle Group, with a price target of $65.00.
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Brennan Hawken has given his Buy rating due to a combination of factors tied to Carlyle’s strengthening fundamentals and clearer growth trajectory. Management signaled rising confidence after outlining three‑year targets, highlighting how a growing wealth management platform and a robust carry pipeline should drive higher fee-related and distributable earnings into 2027–2028, even if 2026 remains a comparatively slower year.
Carlyle’s fastest-growing units, such as AlpInvest and interval fund offerings, are gaining scale, while private equity fund performance is improving and expected realized performance revenues could roughly double by 2028, supported by a sizable accrued carry balance. Coupled with a more cohesive, energized leadership team and a business mix that is shifting toward more durable, compounding revenue streams, Hawken views current valuation as too low relative to these underappreciated growth drivers, supporting his Buy recommendation.
In another report released on February 28, TipRanks – Google also upgraded the stock to a Buy with a $59.00 price target.
Based on the recent corporate insider activity of 67 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of CG in relation to earlier this year.