Sector-wide private capital inflows have boosted APO’s AUM to over $651 billion, which is directly correlated to higher management fees and stable predictable cash flows in coming quarters. On May 2, APO shares closed down more than 1% after the company reported its Q1 results. Its revenue stood at $5.5 billion, down 21.2% year-over-year. The company’s adjusted EPS increased 5.8% year-over-year to $1.82. Explore 6 other fair value estimates on Apollo Global Management - why the stock might be worth 39% less than the current price! APO stock forecast shows a moderate bullish sentiment for Q2 2024, with analysts citing a potential price target of $117–$120 following stronger-than-expected Q1 earnings and robust fee-related earnings growth from alternative asset management operations.
