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ARES

Ares Management LP

NYSE: ARES · FINANCIAL SERVICES · ASSET MANAGEMENT

$110.86
-1.90% today

Updated 2026-04-29

Market cap
$36.65B
P/E ratio
64.83
P/S ratio
6.54x
EPS (TTM)
$1.71
Dividend yield
3.96%
52W range
$95 – $189
Volume
4.0M
OverviewPrice TargetsFinancialsValuationInsidersEarnings

Ares Management LP (ARES) Financial Forecast & Price Target 2030

Research-backed projections from analyst consensus, management guidance, and sector analysis.

Price target summary

Current
$110.86
Consensus
$179.73
+62.12%
2030 Target
$409.72
+269.58%
DCF
—
—
15 analysts:
7 Buy3 Hold0 Sell

Management guidance

Management did not provide specific multi-year revenue targets in available earnings call transcripts. However, CEO emphasized achieving $600B+ in AUM with record fundraising exceeding $100B in 2025, indicating strong organic growth trajectory. Company expects continued fundraising momentum in 2026 with expanded Credit Group now managing $397B in assets post-BlueCove acquisition.

Sources: Management guidance, analyst consensus, sector analysismedium confidence

Revenue & price projection

Actual revenue Projected revenue Base case Bull to bear range
Bull case (2030)
$686.28
$11.3B Rev × 20x P/S
Base case (2030)
$409.72
$11.3B Rev × 12x P/S
Bear case (2030)
$276.56
$11.3B Rev × 8x P/S

Financial forecast — research-backed

Metric2023202420252026 (E)2027 (E)2028 (E)2029 (E)2030 (E)
Revenue$3.6B$3.9B$6.5B$5.8B$6.8B$8.2B$9.7B$11.3B
Revenue growth—7.0%66.6%2.7%19.1%19.7%17.7%17.1%
EPS$3.65$3.97$4.76$6.75$8.10$9.80$11.50$13.40
P/S ratio———12.0x12.0x12.0x12.0x12.0x
Implied price———$204.86$245.83$297.05$348.26$409.72

Catalysts & risks

Growth catalysts
+ AUM growth acceleration driven by $100B+ annual fundraising run rate and $600B+ asset base expansion
+ Management fee revenue growth from systematic credit ($5.5B BlueCove acquisition), European direct lending CLO II, and infrastructure/renewable energy partnerships
+ Strategic acquisitions and portfolio expansions (BlueCove, Peach Property 30% stake, Ferrellgas 13.8% stake) driving fee-generating AUM
+ Private credit market recovery and normalization post-2026 liquidity stress, resuming strong inflows to ARES specialty credit strategies
Key risks
- Severe private credit market stress—March 2026 fund redemption caps and liquidity constraints could suppress AUM growth and performance fees by 10-20%
- Software sector exposure concentration risk impacting underlying portfolio valuations and performance fee realization in 2026-2027
- Regulatory scrutiny on private credit 'rated feeders' and capital relief structures may limit fundraising for ARES insurance-focused products
- Macroeconomic recession limiting M&A activity and leveraged buyout volumes, reducing Direct Lending and Credit Opportunities AUM growth

Methodology

Ares Management LP's forward estimates are derived from AI-powered research synthesis combining analyst consensus from 15 Wall Street analysts, management guidance from the latest earnings call, and sector growth forecasts from industry research. Revenue and EPS projections use analyst consensus where available and conservative extrapolation with growth deceleration for outer years. Price targets are calculated using a tiered Price-to-Sales (P/S) methodology, where the P/S multiple is determined by the projected revenue growth rate.

WallStSmart proprietary research model · Not financial advice · Past performance is not indicative of future results · Last researched: April 7, 2026.