Apollo Global Management (APO) AI Stock Analysis

• Market Cap: $83.18B
• Dividend Yield: 1.37%
• Average Volume (3M): 2.77M
• Price to Earnings (P/E): 27.5
• Beta (1Y): 1.71
• Revenue Growth: -5.61%
• EPS Growth: -42.95%
• Country: US
• Employees: 5,141
• Sector: Financial
• Sector Strength: 64
• Industry: Asset Management - Global
• EPS (TTM): 1.92
• Shares Outstanding: 571,494,260
• 10 Day Avg. Volume: 3,058,738
• 30 Day Avg. Volume: 2,773,488
• PEG Ratio: 1.17
• Price to Book (P/B): 5.61
• Price to Sales (P/S): 3.71
• P/FCF Ratio: 29.76
• Enterprise Value/Market Cap: 1.16
• Enterprise Value/Revenue: 3.93
• Enterprise Value/Gross Profit: 4.13
• Enterprise Value/Ebitda: 12.23
• 1Y Price Target: $163.23
• Price Target Upside: 12.15% Upside
• Rating Consensus: Strong Buy
• Number of Analyst Covering: 14

• Rating: 73 Outperform
• Price Target: $162.00 ▲(11.31% Upside)

Apollo Global Management's strong earnings performance and robust financial health are key strengths, driving a positive outlook. However, technical indicators and valuation suggest caution, with potential resistance and a relatively high P/E ratio. Earnings call insights highlight strategic growth, but challenges in mutual fund realizations and spread tightening warrant attention.

Positive Factors

Interest Rates

Higher interest rates are expected to benefit Apollo Global compared to its peers, serving as a tailwind for its spread and private credit returns.

Real Estate Acquisition

The acquisition of BRDG for $1.5 billion enhances APO's real estate platform by adding $33 billion in assets under management, bringing new capabilities and scale.

Strategic Plans

Apollo Global expects to be more active in strategic mergers and acquisitions, targeting product gaps in secular growth verticals.

Negative Factors

Earnings Forecast

The lower-than-expected investment income suggests a decrease of approximately 2% to the Street's forecast for second quarter earnings per share.

Investment Income

APO's preliminary alternative investment income for the second quarter is below both the forecast and current consensus, indicating a decrease in expected earnings.

Return Targets

The alternative portfolio return of 10% for the second quarter is below the targeted level of 11%, partly due to lower returns from retirement services platforms.

Apollo Global Management Business Overview & Revenue Model

Company Description

Apollo Global Management, Inc. is a private equity firm specializing in investments in credit, private equity and real estate markets. The firm's private equity investments include traditional buyouts, recapitalization, distressed buyouts and debt investments in real estate, corporate partner buyouts, distressed asset, corporate carve-outs, middle market, growth capital, turnaround, bridge, corporate restructuring, special situation, acquisition, and industry consolidation transactions. The firm provides its services to endowment and sovereign wealth funds, as well as other institutional and individual investors. It manages client focused portfolios. The firm launches and manages hedge funds for its clients. It also manages real estate funds and private equity funds for its clients. The firm invests in the fixed income and alternative investment markets across the globe. Its fixed income investments include income-oriented senior loans, bonds, collateralized loan obligations, structured credit, opportunistic credit, non-performing loans, distressed debt, mezzanine debt, and value oriented fixed income securities. The firm seeks to invest in chemicals, commodities, consumer and retail, oil and gas, metals, mining, agriculture, commodities, distribution and transportation, financial and business services, manufacturing and industrial, media distribution, cable, entertainment and leisure, telecom, technology, natural resources, energy, packaging and materials, and satellite and wireless industries. It seeks to invest in companies based in across Africa, North America with a focus on United States, and Europe. The firm also makes investments outside North America, primarily in Western Europe and Asia. It employs a combination of contrarian, value, and distressed strategies to make its investments. The firm seeks to make investments in the range of $10 million and $1500 million. The firm seeks to invest in companies with Enterprise value between $750 million to $2500 million. The firm conducts an in-house research to create its investment portfolio. It seeks to acquire minority and majority positions in its portfolio companies. Apollo Global Management, Inc. was founded in 1990 and is headquartered in New York, New York with additional offices in North America, Asia and Europe.

How the Company Makes Money

Apollo Global Management generates revenue primarily through management fees, performance fees, and investment income. Management fees are earned based on a percentage of the assets under management (AUM) across its investment funds. Performance fees, or carried interest, are earned when the funds exceed certain return thresholds, aligning the firm's interests with those of its investors. Additionally, Apollo invests its own capital alongside its clients, generating investment income from these proprietary investments. The firm's earnings are also influenced by strategic partnerships, co-investments, and its ability to leverage its extensive industry expertise and global network to identify and capitalize on investment opportunities.

Apollo Global Management Financial Statement Overview

Summary

Apollo Global Management demonstrates strong profitability with a solid gross profit margin and positive net income. However, recent revenue growth has been negative, and volatility in cash flows presents challenges. The company maintains a strong balance sheet with effective use of shareholder capital.

Income Statement

Apollo Global Management demonstrates strong profitability with a solid gross profit margin and positive net income. However, recent revenue growth has been negative, which could indicate challenges in growing the top line. The EBIT and EBITDA margins suggest efficient operations, but the decline in net income compared to prior periods is a concern.

Balance Sheet

The company maintains a strong balance sheet with a high level of cash and short-term investments. The debt-to-equity ratio is relatively low, indicating manageable leverage. The return on equity is positive, suggesting effective use of shareholder capital, and the equity ratio is strong, reflecting stability and financial health.

Cash Flow

Operating cash flow is consistently positive, which is a positive indicator of cash generation from operations. However, free cash flow growth has been inconsistent, and the reliance on financing activities indicates potential risks if external funding becomes constrained. The cash flow to net income ratios highlight efficient cash conversion, although recent trends show some volatility.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	24.62B	26.11B	32.64B	10.97B	5.95B	2.35B
Gross Profit	23.43B	24.97B	31.62B	10.04B	5.17B	1.73B
EBITDA	7.92B	8.85B	6.65B	-3.50B	5.79B	953.00M
Net Income	3.59B	4.58B	5.05B	-1.96B	1.84B	157.00M
Balance Sheet
Total Assets	395.05B	377.89B	313.49B	13.79B	30.50B	23.67B
Cash, Cash Equivalents and Short-Term Investments	216.43B	205.98B	170.24B	1.31B	917.18M	2.45B
Total Debt	10.58B	10.59B	8.09B	3.53B	3.64B	14.62B
Total Liabilities	362.70B	347.57B	288.24B	9.30B	20.31B	17.37B
Stockholders Equity	17.98B	17.25B	14.04B	1.85B	3.79B	1.43B
Cash Flow
Free Cash Flow	4.04B	3.25B	6.32B	3.59B	999.31M	-1.68B
Operating Cash Flow	4.04B	3.25B	6.32B	3.79B	1.06B	-1.62B
Investing Cash Flow	-64.15B	-61.80B	-42.41B	-23.44B	-1.55B	-837.66M
Financing Cash Flow	55.90B	57.97B	42.64B	28.71B	109.00M	3.30B

Apollo Global Management Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 145.54
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For APO, the sentiment is Positive. The current price of 145.54 is below the 20-day moving average (MA) of 148.16, above the 50-day MA of 140.79, and below the 200-day MA of 148.19, indicating a neutral trend. The MACD of 0.53 indicates Positive momentum. The RSI at 50.52 is Neutral, neither overbought nor oversold. The STOCH value of 35.36 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for APO.

Apollo Global Management Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
ARES	76 Outperform	$61.39B	104.70	12.97%	2.24%	46.84%	-7.13%
KKR	74 Outperform	$127.06B	69.44	9.03%	0.50%	-23.81%	-48.96%
NU	73 Outperform	$58.55B	27.29	27.91%	―	33.20%	68.09%
APO	73 Outperform	$83.18B	27.46	18.94%	1.37%	-5.61%	-42.95%
CG	70 Outperform	$21.70B	20.41	20.38%	2.33%	81.86%	―
OWL	70 Outperform	$29.98B	348.02	3.68%	4.06%	31.81%	-32.87%
Sector *	58 Neutral	HK$95.83B	5.46	-3.98%	4.95%	3.41%	-44.65%

Apollo Global Management Corporate Events

Apollo Global Management Clarifies Form 8-K Filing Status

Apollo Global Management‘s recent announcement clarifies that the information provided in their current report on Form 8-K is not considered ‘filed’ under Section 18 of the Securities Exchange Act of 1934. This distinction means that the information is not subject to the liabilities of that section, nor will it be incorporated by reference into filings under the Securities Act of 1933 or the Exchange Act unless specifically referenced.

The most recent analyst rating on (APO) stock is a Buy with a $143.00 price target. To see the full list of analyst forecasts on Apollo Global Management stock, see the APO Stock Forecast page.

Apollo Global Management Reports Q2 2025 Investment Income

Apollo Global Management has reported preliminary estimates for its alternative net investment income for the second quarter ended June 30, 2025, projecting approximately $305 million pre-tax, equating to a 10% annualized return. The results, which are subject to change, highlight Athene’s investment performance, with a 10% annualized return from pooled investment vehicles and 8% from other alternative investments, underscoring the company’s strategic focus on its Retirement Services segment.

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 Holds Annual Stockholders Meeting

On June 6, 2025, Apollo Global Management held its Annual Meeting of Stockholders, where several key decisions were made. The election of board members resulted in the appointment of fifteen directors for a one-year term, with most nominees receiving strong support from stockholders. Additionally, Deloitte & Touche LLP was ratified as the company’s independent registered public accounting firm for the fiscal year ending December 31, 2025. These decisions are expected to influence the company’s governance and financial oversight, potentially impacting its strategic direction and stakeholder confidence.

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 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.