AllianceBernstein (AB) AI Stock Analysis

• Market Cap: $3.57B
• Dividend Yield: 8.93%
• Average Volume (3M): 195.24K
• Price to Earnings (P/E): 12.9
• Beta (1Y): 0.68
• Revenue Growth: N/A
• EPS Growth: -12.92%
• Country: US
• Employees: 4,341
• Sector: Financial
• Sector Strength: 70
• Industry: Asset Management
• EPS (TTM): 0.86
• Shares Outstanding: 90,893,250
• 10 Day Avg. Volume: 189,554
• 30 Day Avg. Volume: 195,236
• PEG Ratio: 0.17
• Price to Book (P/B): 2.08
• Price to Sales (P/S): 0.93
• P/FCF Ratio: 3.29
• Enterprise Value/Market Cap: 0.99
• Enterprise Value/Revenue: 9.87
• Enterprise Value/Gross Profit: 9.87
• Enterprise Value/Ebitda: 9.87
• 1Y Price Target: $42.00
• Price Target Upside: 4.56% Upside
• Rating Consensus: Hold
• Number of Analyst Covering: 4
• EPS Forecast (FY): 3.75
• Revenue Forecast (FY): $3.85B

• Rating: 73 Outperform
• Price Target: $43.00 ▲(7.05% Upside)

The score is driven primarily by strong underlying financial strength (notably a debt-free balance sheet and solid ROE) and supportive valuation/income characteristics (moderate P/E and high dividend yield). These positives are tempered by weaker near-term technical momentum and recent TTM top-line/profitability softness, while the latest earnings call was broadly constructive with some product/performance headwinds.

Positive Factors

Strong Financial Position

AllianceBernstein's zero debt and high equity position provide financial stability and flexibility, supporting long-term growth and resilience against market fluctuations.

Organic Growth and Market Expansion

Significant net inflows across distribution channels indicate strong client demand and effective market strategies, enhancing revenue potential and competitive positioning.

Expansion in Private Markets

Growth in private markets diversifies revenue streams and reduces reliance on traditional asset classes, positioning the company for sustained profitability.

Negative Factors

Revenue Decline

A significant decline in revenue growth raises concerns about the company's ability to maintain its market position and financial performance in the long term.

Equity Performance Deterioration

Underperformance in equity investments could impact client retention and future inflows, challenging the firm's competitive edge in asset management.

Volatility Impact on Fee Rates

Market volatility affecting fee rates can reduce revenue from management fees, impacting profitability and financial stability over time.

AllianceBernstein Business Overview & Revenue Model

Company Description

AllianceBernstein Holding L.P. is publicly owned investment manager. The firm also provides research services to its clients. It provides its services to investment companies, pension and profit sharing plans, banks and thrift institutions, trusts, estates, government agencies, charitable organizations, individuals, corporations, and other business entities. The firm invests in public equity, fixed income, and alternative investment markets across the globe. It employs long/short strategy to make its investments. The firm conducts in-house research to make its investments. AllianceBernstein Holding L.P. was founded in 1987 and is based in New York, New York.

How the Company Makes Money

AllianceBernstein generates revenue primarily through management fees, which are charged based on a percentage of assets under management (AUM). The firm earns these fees from managing portfolios for institutional clients, such as pension funds, insurance companies, and endowments, as well as for high-net-worth individuals and retail investors. In addition to management fees, the company may also earn performance fees, which are contingent on meeting or exceeding certain investment benchmarks. AllianceBernstein collaborates with various financial institutions and distribution networks to enhance its market reach and client base, further contributing to its revenue streams. Additionally, the company invests in research and technology to provide innovative investment solutions and maintain competitive advantages in the asset management industry.

AllianceBernstein Financial Statement Overview

Summary

AllianceBernstein showcases a strong financial position with exceptional profitability and a robust balance sheet characterized by zero debt and high equity. However, the significant decline in revenue in recent periods raises concerns about growth sustainability. Cash flow remains healthy and indicates efficient operations, but the negative free cash flow growth needs attention. Overall, the company is financially solid with areas to watch for future performance improvements.

Income Statement

AllianceBernstein has shown strong profitability in the TTM period with a gross profit margin of 100%, indicating that all revenue is being retained as gross profit. The net profit margin for the TTM period is 114.18%, which is exceptionally high, reflecting strong bottom-line performance. However, the revenue growth rate from 2024 to TTM shows a decline of approximately 91.76%, which is a significant concern. EBITDA and EBIT margins were 116.26% and 32.65%, respectively, indicating efficient operational management in the TTM period.

Balance Sheet

The balance sheet reflects a strong equity position with no debt, resulting in a debt-to-equity ratio of 0. The equity ratio is extremely high at 99.99%, showcasing a stable financial structure with minimal liabilities. However, the return on equity (ROE) for the TTM period is 21.48%, which is decent but indicates room for improvement in generating income from shareholders' equity.

Cash Flow

The cash flow statement is robust, with a high operating cash flow to net income ratio of 0.86, indicating efficient cash conversion from income. The free cash flow to net income ratio is 0.86 as well, showing strong free cash flow generation relative to income. Free cash flow growth, however, is negative when comparing the latest annual report to the TTM period, suggesting a need to monitor cash flow sustainability.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	359.58M	461.95M	299.78M	305.50M	416.33M	308.40M
Gross Profit	359.58M	461.95M	299.78M	305.50M	416.33M	308.40M
EBITDA	359.58M	461.95M	299.78M	305.50M	416.33M	308.40M
Net Income	323.47M	423.37M	264.18M	274.17M	385.84M	279.38M
Balance Sheet
Total Assets	1.18B	2.03B	2.08B	2.07B	1.62B	1.61B
Cash, Cash Equivalents and Short-Term Investments	0.00	832.04M	0.00	0.00	0.00	0.00
Total Debt	0.00	0.00	0.00	0.00	0.00	0.00
Total Liabilities	1.87M	2.77M	1.29M	1.62M	2.14M	1.88M
Stockholders Equity	1.18B	2.03B	2.08B	2.07B	1.62B	1.60B
Cash Flow
Free Cash Flow	362.59M	1.28B	293.98M	362.61M	355.11M	270.01M
Operating Cash Flow	362.59M	1.41B	293.98M	362.61M	355.11M	270.01M
Investing Cash Flow	0.00	-115.73M	0.00	-1.77M	-3.40M	-147.00K
Financing Cash Flow	-362.59M	-1.60B	-293.98M	-360.85M	-351.71M	-269.87M

AllianceBernstein Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 40.17
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AB, the sentiment is Positive. The current price of 40.17 is above the 20-day moving average (MA) of 38.96, above the 50-day MA of 39.73, and above the 200-day MA of 38.59, indicating a bullish trend. The MACD of -0.19 indicates Negative momentum. The RSI at 58.03 is Neutral, neither overbought nor oversold. The STOCH value of 70.85 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for AB.

AllianceBernstein Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
VCTR	77 Outperform	$4.36B	17.15	16.46%	3.00%	33.03%	-3.55%
APAM	75 Outperform	$3.59B	12.36	62.04%	8.72%	5.46%	2.10%
AMG	74 Outperform	$9.06B	19.68	15.95%	0.01%	1.08%	8.24%
AB	73 Outperform	$3.57B	12.93	19.77%	8.93%	―	-12.92%
FHI	72 Outperform	$4.14B	11.17	32.06%	2.46%	9.32%	53.51%
Sector *	68 Neutral	$18.00B	11.42	9.92%	3.81%	9.73%	1.22%
CNS	60 Neutral	$3.55B	21.86	31.53%	3.92%	12.73%	19.01%

AllianceBernstein Corporate Events

AllianceBernstein Reports Preliminary Year-End 2025 Assets Under Management

AllianceBernstein L.P. and AllianceBernstein Holding L.P. announced that they have furnished a news release dated January 12, 2026, reporting the firm’s preliminary assets under management as of December 31, 2025. The disclosure of these preliminary AUM figures provides investors and stakeholders with an updated snapshot of the scale of the firm’s managed assets at year-end 2025, a key indicator for assessing its business momentum and competitive position in the asset management industry.

The most recent analyst rating on (AB) stock is a Hold with a $42.00 price target. To see the full list of analyst forecasts on AllianceBernstein stock, see the AB Stock Forecast page.

AllianceBernstein Names Onur Erzan as New President

On January 5, 2026, AllianceBernstein appointed 50-year-old Onur Erzan as President, effective immediately, elevating him from his prior role as Head of Global Client Group and Private Wealth and his more recent oversight of Global Private Alternatives. Erzan, who joined AB in 2021 after a 20-year career at McKinsey & Company where he co-led the Wealth & Asset Management practice, will also chair the AB Operating Committee while Seth Bernstein remains Chief Executive Officer, signaling continuity in leadership alongside a strategic emphasis on client distribution, private wealth and alternative investments within the firm’s senior management structure.

The most recent analyst rating on (AB) stock is a Buy with a $44.00 price target. To see the full list of analyst forecasts on AllianceBernstein stock, see the AB Stock Forecast page.

AllianceBernstein Reports November 2025 Asset Figures

On December 10, 2025, AllianceBernstein announced its preliminary assets under management as of November 30, 2025. This announcement provides stakeholders with insights into the company’s financial status and market positioning at the end of November 2025.

The most recent analyst rating on (AB) stock is a Buy with a $46.00 price target. To see the full list of analyst forecasts on AllianceBernstein stock, see the AB Stock Forecast page.

AllianceBernstein Reports October 2025 Assets Under Management

On November 11, 2025, AllianceBernstein L.P. announced its preliminary assets under management as of October 31, 2025. This announcement provides insights into the company’s financial status and its market positioning at the end of October 2025.

The most recent analyst rating on (AB) stock is a Hold with a $40.00 price target. To see the full list of analyst forecasts on AllianceBernstein stock, see the AB Stock Forecast page.