Apollo Global Management (APO) AI Stock Analysis

• Market Cap: $74.79B
• Dividend Yield: 1.41%
• Average Volume (3M): 3.36M
• Price to Earnings (P/E): 23.1
• Beta (1Y): 1.75
• Revenue Growth: -27.96%
• EPS Growth: -37.13%
• Country: US
• Employees: 5,141
• Sector: Financial
• Sector Strength: 81
• Industry: Asset Management - Global
• EPS (TTM): 1.82
• Shares Outstanding: 571,494,260
• 10 Day Avg. Volume: 3,418,436
• 30 Day Avg. Volume: 3,360,048
• PEG Ratio: -0.91
• Price to Book (P/B): 4.48
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 23.27
• Enterprise Value/Market Cap: 0.94
• Enterprise Value/Revenue: 0.59
• Enterprise Value/Gross Profit: 2.92
• Enterprise Value/Ebitda: 2.04
• 1Y Price Target: $156.14
• Price Target Upside: 17.25% Upside
• Rating Consensus: Strong Buy
• Number of Analyst Covering: 14

• Rating: 73 Outperform
• Price Target: $146.00 ▲(9.63%Upside)

Apollo Global Management's stock is supported by strong financial performance and positive earnings call outcomes, highlighting robust AUM growth and strategic positioning. Despite technical analysis indicating a bearish trend and high P/E valuation suggesting potential overvaluation, strong governance changes and a solid dividend yield contribute positively to the overall score.

Positive Factors

Market Sentiment

Price target for Apollo Global Management is increased by 3% to $135, reflecting a positive market sentiment.

Strategic Acquisitions

APO acquiring BRDG for $1.5b in an all equity deal that adds approximately $33b AUM to APO's existing $77b real estate platform.

Negative Factors

Financial Performance

Earnings per share estimate for the second quarter is revised downwards slightly by 1.1%, pointing to a minor negative adjustment in financial expectations.

Fundraising and Real Estate Results

Apollo Global reported mixed results with a miss on fundraising and strategic real estate due to higher liability costs.

Apollo Global Management Business Overview & Revenue Model

Company Description

Apollo Global Management, Inc. (APO) is a leading global alternative investment manager. The company operates across a diverse range of sectors, including private equity, credit, and real assets, and offers a wide array of services such as investment management, advisory, and more. Apollo is known for its ability to invest in complex, distressed, and underperforming companies, with the aim of generating high returns for its investors.

How the Company Makes Money

Apollo Global Management makes money primarily through management fees and performance-based incentive fees. Management fees are recurring charges based on a percentage of the assets under management (AUM) that Apollo oversees. Performance-based incentive fees, also known as carried interest, are earned when the firm's investments exceed certain performance benchmarks. Additionally, the company generates revenue through its credit and real assets segments by investing in structured credit, direct origination, and real estate markets. Strategic partnerships and joint ventures with other financial institutions and investors also contribute to Apollo's earnings by expanding its investment capabilities and market reach.

Apollo Global Management Financial Statement Overview

Summary

Apollo Global Management displays strong financial health with robust revenue growth and profitability. The balance sheet is stable with high equity levels and no recent debt, though historical leverage needs monitoring. Cash flow is consistent, despite the volatility in investing and financing activities.

Income Statement

Apollo Global Management has demonstrated strong revenue growth with a significant increase from prior years, indicating a robust business expansion. The net profit margin has been healthy, showcasing effective cost management and profitability. However, the recent dip in revenue and net income suggests potential challenges in maintaining the same growth trajectory.

Balance Sheet

The company's balance sheet reflects a strong equity position with a high equity ratio, signifying financial stability. The absence of debt in the latest year reduces financial risk, but previous years' debt levels indicate historical leverage. The positive ROE highlights efficient use of equity capital, although it has varied significantly over the years.

Cash Flow

Apollo has shown strong cash flow management with consistent free cash flow generation. The operating cash flow to net income ratio indicates effective cash conversion from operations. However, fluctuations in cash flow from investing and financing activities suggest potential volatility in cash management strategies.

Breakdown
Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement		Total Revenue
26.11B	32.64B	10.97B	5.95B	2.35B
	Gross Profit
23.51B	31.62B	10.04B	5.17B	1.73B
	EBIT
8.30B	28.35B	-3.84B	2.63B	1.41B
	EBITDA
8.41B	9.12B	-1.69B	2.66B	1.43B
	Net Income Common Stockholders
4.58B	5.05B	-1.96B	1.84B	157.00M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
205.98B	170.24B	1.31B	917.18M	2.45B
	Total Assets
377.89B	313.49B	13.79B	30.50B	23.67B
	Total Debt
10.59B	8.09B	3.53B	3.64B	14.62B
	Net Debt
-5.58B	-7.84B	2.22B	2.72B	12.17B
	Total Liabilities
346.92B	288.24B	9.30B	20.31B	17.37B
	Stockholders Equity
17.25B	14.04B	1.85B	3.79B	1.43B
Cash Flow		Free Cash Flow
3.25B	6.32B	3.59B	999.31M	-1.68B
	Operating Cash Flow
3.25B	6.32B	3.79B	1.06B	-1.62B
	Investing Cash Flow
-61.80B	-42.41B	-23.44B	-1.55B	-837.66M
	Financing Cash Flow
57.97B	42.64B	28.71B	109.00M	3.30B

Apollo Global Management Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 133.17
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For APO, the sentiment is Negative. The current price of 133.17 is below the 20-day moving average (MA) of 136.36, below the 50-day MA of 133.39, and below the 200-day MA of 142.54, indicating a bearish trend. The MACD of 0.46 indicates Positive momentum. The RSI at 47.46 is Neutral, neither overbought nor oversold. The STOCH value of 19.40 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for APO.

Apollo Global Management Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
NU	76 Outperform	$57.53B	26.66	27.91%	―	33.20%	68.09%
APO	73 Outperform	$74.79B	23.12	21.17%	1.41%	-27.96%	-37.13%
ARES	72 Outperform	$53.75B	95.13	12.97%	2.44%	19.02%	-22.75%
CG	70 Outperform	$16.66B	15.59	20.38%	3.16%	62.87%	―
OWL	68 Neutral	$28.86B	188.52	4.62%	3.94%	32.99%	8.06%
KKR	68 Neutral	$104.37B	50.80	9.03%	0.60%	-27.45%	-46.67%
Sector *	64 Neutral	$12.67B	9.74	7.58%	17015.08%	12.21%	-6.96%

Apollo Global Management Corporate Events

Apollo Global Management Issues Regulatory Clarification

Apollo Global Management has issued a Current Report on Form 8-K, clarifying that the information provided is not considered ‘filed’ under the Securities Exchange Act of 1934. This announcement outlines the legal framework for how the information is to be treated, potentially affecting how stakeholders perceive the company’s regulatory obligations.

The most recent analyst rating on (APO) stock is a Buy with a $129.00 price target. To see the full list of analyst forecasts on Apollo Global Management stock, see the APO Stock Forecast page.

Apollo Global Management Announces Board Leadership Changes

Apollo Global Management announced significant changes to its Board of Directors, effective April 21, 2025. Gary Cohn, former Vice Chairman of IBM and a seasoned financial services leader, has been appointed as the Lead Independent Director, filling the vacancy left by Jay Clayton, who will become the Interim US Attorney for the Southern District of New York. Additionally, CEO Marc Rowan has been appointed as the Chair of the Board, reflecting Apollo’s commitment to strong governance and strategic leadership. These changes are expected to enhance Apollo’s governance and support its growth strategy in the financial services industry.

Apollo Global Management Announces Q1 2025 Investment Estimates

Apollo Global Management, Inc. and its subsidiary Athene Holding Ltd. have announced preliminary estimates for their alternative net investment income for the first quarter ending March 31, 2025. The company anticipates approximately $290 million in pre-tax income, translating to an estimated 9% annualized return on alternative net investments. Athene’s investments in a pooled vehicle are expected to yield a 10% return, while other investments, including retirement services platforms, are estimated to return 6%. These figures are preliminary and subject to change, as the financial closing procedures are not yet complete, and the results have not been audited.