Western Alliance Bancorporation (WAL) Stock Forecast & Price Target
Western Alliance Bancorporation · NYSE
$83.63+0.87 (+1.05%)
15-min delayed · Jul 28, 3:45 PM ET · Get real-time quotes →
The Quantellect read.Of the 12 firms covering Western Alliance Bancorporation, 8 rate it Buy or better, 4 sit at Hold, and 0 rate it Sell or worse, a moderate buy consensus. Targets are tightly clustered, $79.00 to $110.00, so the covering firms are broadly aligned. The average target of $94.00 sits 12% above the current $83.63. The rating mix has held broadly steady over recent months. On the fundamentals, the Street sees consensus EPS building from about $2.64 next quarter toward $11.31 the year after.Descriptive synthesis of third-party analyst data, not a Quantellect rating or recommendation.
ANALYST CONSENSUS12 ratings
Moderate Buy
Strong Buy00%
Buy867%
Hold433%
Sell00%
Strong Sell00%
Based on 12 analysts giving stock ratings to Western Alliance Bancorporation.
As of Jul, 8 of 12 firms rate WAL a Buy (4 Hold, 0 Sell), the standing distribution of every covering firm's most recent active call.
WAL EPS & revenue forecast
EPS · NEXT QUARTER
$2.64
Range $2.28 – $2.91 · 12 analysts · +5% YoY
Next period, 12 analysts expect Western Alliance Bancorporation to earn $2.64 a share (range $2.28 – $2.91), versus $2.51 a year earlier. Full-year consensus is $9.02, growing to $11.31 the year after.
REVENUE · NEXT QUARTER
$1.0B
Range $979.2M – $1.0B · 12 analysts · +2% YoY
Revenue is expected to reach $1.0B (range $979.2M – $1.0B), +2.3% year-over-year. Full-year consensus is $4.0B, rising to $4.3B next year.
Top analysts covering Western Alliance Bancorporation
Ranked by each analyst's overall Quantellect track record across all the stocks they cover, shown with their current call on WAL.
#1
Gary Tenner
DA Davidson · Rank #26
Buy
$96.00+14.8% to target
Overall win rate
56%
+ Follow
#2
Matthew Clark
Piper Sandler · Rank #45
Buy
$92.00+10.0% to target
Overall win rate
50%
+ Follow
#3
Timur Braziler
Wells Fargo · Rank #71
Sell
$85.00+1.6% to target
Overall win rate
50%
+ Follow
#4
Steven Alexopoulos
JP Morgan · Rank #233
Hold
$105.00+25.6% to target
Overall win rate
40%
+ Follow
#5
Jared Shaw
Barclays
Buy
$88.00+5.2% to target
Coverage
—
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WAL stock forecast FAQ
What is WAL's average 12-month price target?+
The 11 analysts with a live target average $94.00 for Western Alliance Bancorporation over the next 12 months, ranging from a $110.00 high to a $79.00 low.
Is WAL stock a Buy, Sell or Hold right now?+
The current consensus is Moderate Buy. Of the 12 analyst ratings, 8 are Buy or Strong Buy, 4 are Hold, and 0 are Sell or Strong Sell.
What are the highest and lowest price targets for WAL?+
The Street-high target is $110.00 (Jefferies), and the Street-low is $79.00 (Wells Fargo). The average of all 11 active targets is $94.00.
How many Wall Street analysts cover WAL?+
12 analysts have an active rating on Western Alliance Bancorporation, and 11 firms carry a live 12-month price target.
Who is the most accurate analyst covering WAL?+
Among analysts who currently cover WAL, Gary Tenner of DA Davidson has the strongest overall Quantellect track record (Rank #26). Their current call is Buy with a $96.00 target.
What is Western Alliance Bancorporation's projected EPS for next quarter?+
The consensus estimate is $2.64 per share (range $2.28 – $2.91) across 12 analysts. Full-year EPS is projected at $9.02, rising to $11.31 the following year.
How much revenue is Western Alliance Bancorporation expected to report next quarter?+
Consensus revenue is $1.0B (range $979.2M – $1.0B). Full-year revenue is projected at $4.0B, growing to $4.3B next year.
Have analysts been upgrading or downgrading WAL lately?+
As of Jul, 8 of 12 firms rate WAL a Buy (4 Hold, 0 Sell), the standing distribution of every covering firm's most recent active call.
How are the analysts on this page ranked?+
By each analyst's overall Quantellect track record — a sample-adjusted measure of how accurate their calls have been across every stock they cover. We do not rank on their WAL calls alone, since a single stock is too small a sample to be reliable.
Which data on this page is live, and how often does it update?+
Price and daily change are 15-minute delayed market data. Analyst ratings, targets, consensus and earnings estimates are aggregated from multiple data providers and refresh daily.
Disclaimer: Ratings, price targets, consensus and earnings estimates on this page describe third-party analyst research aggregated from multiple data providers and refreshed daily; price and daily change are 15-minute delayed. These are historical opinions, not recommendations, and nothing on this page, including The Quantellect read, is a rating, a price target, or investment advice from Quantellect. Always do your own research and consult a licensed financial advisor before making investment decisions.
