ARES
Ares Management LP
NYSE: ARES · FINANCIAL SERVICES · ASSET MANAGEMENT
$134.90
+1.57% today
Updated 2026-06-12
Market cap
$44.50B
P/E ratio
62.17
P/S ratio
7.53x
EPS (TTM)
$2.17
Dividend yield
3.55%
52W range
$95 – $189
Volume
3.1M
Ares Management LP (ARES) Financial Forecast & Price Target 2030
Research-backed projections from analyst consensus, management guidance, and sector analysis.
Research-backed ARES price target 2030 projection accounting for share dilution, balance sheet debt, and time value of money.
Current price
$134.90
Today
Analyst consensus
$179.73
+33.23% · 12M
2030 Base
—
— future
NPV today
—
@ — WACC
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
ARES · Ares Management LP · Revenue & price projection · 2023–2030E
Actual / 2030 target Projected revenue Base case price Bull to bear range
Bear case (2030)
—
NPV today: —
Base case (2030)
—
NPV today: —
Bull case (2030)
—
NPV today: —
WallStSmart.com
ARES financial forecast · Research-backed projections
| Metric | 2025 | 2026 (E) | 2027 (E) | 2028 (E) | 2029 (E) | 2030 (E) ★ |
|---|---|---|---|---|---|---|
| Revenue | $6.5B | $5.8B | $6.8B | $8.2B | $9.7B | $11.3B |
| Revenue growth | 66.6% | 2.7% | 19.1% | 19.7% | 17.7% | 17.1% |
| Net margin | — | — | — | — | — | — |
| EPS | $4.76 | $6.75 | $8.10 | $9.80 | $11.50 | $13.40 |
| Diluted shares | — | — | — | — | — | — |
| Net debt | — | — | — | — | — | — |
| P/S multiple | — | 2.0x | 2.0x | 2.0x | 2.0x | 2.0x |
| Implied price (base) | — | $204.86 | $245.83 | $297.05 | $348.26 | $409.72 |
★ 2030E is the model's terminal target year. Implied price = (Revenue × P/S − Net debt) ÷ Diluted shares.
Scenario detail · Three drivers, three outcomes
| 2030E driver | Bear | Base | Bull |
|---|---|---|---|
| Revenue | $11.3B | $11.3B | $11.3B |
| P/S multiple | 1.0x | 2.0x | 4.0x |
| Diluted shares | 0M | 0M | 0M |
| Net debt | — | — | — |
| Implied P/E † | — | — | — |
| 2030 Price | $— | $— | $— |
| NPV @ — | $— | $— | $— |
† Implied P/E: Multiples remain elevated across all three scenarios because ARES is valued primarily on revenue scale during its growth phase, not near-term earnings power. Lower P/E in the bear case reflects multiple compression, but the absolute level stays high since 2030E still represents a hypergrowth-to-mature transition year.
EV to per-share bridge · How we get to $— base case
ARES catalysts and 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 2030 stock forecast model
Ares Management LP 2030 price target is calculated using WallStSmart's research model. Revenue projections are derived from analyst consensus across 15 Wall Street analysts, management guidance from the latest earnings call, and sector growth forecasts. The model is built on five core components:
| 1. Share dilution | Projected from per-ticker schedule of SBC + equity raise activity, compounding year by year (-100% cumulative for ARES by 2030) |
| 2. Net debt | EV minus net debt yields equity value; debt projected from capex cycle trajectory (— by 2030) |
| 3. Time value | NPV calculated using — WACC (sector fallback) |
| 4. Multiple framework | P/S compresses with scale: bear 1.0x / base 2.0x / bull 4.0x |
| 5. Scenario design | Bull/Base/Bear vary revenue, margin, shares, debt, and multiple independently |
WallStSmart research model · Not financial advice · Past performance is not indicative of future results · Last researched: April 7, 2026.
ARES price target FAQ
How is the Ares Management LP 2030 stock forecast calculated?
The ARES 2030 projection multiplies projected revenue by a growth-adjusted P/S multiple to derive enterprise value, subtracts projected net debt to get equity value, then divides by diluted shares outstanding accounting for dilution from stock-based compensation and equity raises.
What is the analyst consensus on ARES stock?
15 analysts cover ARES with an average 12-month price target of $179.73. The 2030 projection extends this framework with longer-horizon assumptions including dilution and time value of money.