Apollo Global Management, Inc. (APO) Stock Price & Analysis

Apollo Global Management, Inc. (APO) closed at USD 114.83 on Thursday, October 22, 2026, up 2.81% on the day. The US market is currently closed (pre-market); this is not a live price.

The prior close was USD 111.69; the Oct 22, 2026 session ranged USD 109.97–114.86 on volume of 4,208,231 shares. Market capitalization is $67.81B, with a 52-week range of USD 99.56–153.29 (NYQ). Source: Nexqual, retrieved October 23, 2026 at 09:15 UTC.

Also available as compact Markdown for AI agents: nexqual.com/APO.md

Key facts (APO)

Financials (SEC 10-K; TTM = last four 10-Q/10-K quarters) (APO)

USDFY2021FY2022FY2023FY2024FY2025TTM
Revenue$5.95B$11.0B$32.6B$26.1B$32.0B$35.9B
Net income$1.84B-$1.96B$5.05B$4.58B$3.49B$1.88B
EPS (diluted)$7.32-$3.43$8.28$7.33$5.54—
Net margin30.9%-17.9%15.5%17.5%10.9%5.2%
Revenue growth+152.8%+84.3%+197.6%-20.0%+22.7%—
Cash + short-term investments$917M$8.98B$17.7B$17.1B$20.6B—
Total debt$3.13B$6.47B$8.09B$10.6B$13.4B—

Fiscal years end Dec. EPS is split-adjusted.

Valuation (price ÷ last four quarters, through Jun 30, 2026) (APO)

P/E 36.2x · P/S 1.9x · EV/Sales 1.5x · P/B 3.2x · Earnings yield 2.76% · Dividend yield (paid, TTM) 1.87% · Buyback yield (TTM) 1.93% · Net cash $14.7B · EV $53.1B

P/E at fiscal year-ends: Dec 2025 24.6x, Dec 2024 21.8x, Dec 2023 10.9x.

Superinvestors (SEC 13F-HR, Q2 2026) (APO)

3 of 80 tracked investors hold APO. Each row is the investor's latest 13F; change is vs their prior-quarter share count.

InvestorFirm% of portfolioValueChange
Leon CoopermanOmega Family Office4.46%$158MUnchanged
Chase ColemanTiger Global Management1.34%$322MReduced -17.3%
Thomas GaynerMarkel Group0.91%$120MUnchanged

Insider sales (SEC Form 4, open-market, last ~7 months) (APO)

0 of 3 under a Rule 10b5-1 trading plan (scheduled in advance). Unplanned sales were timed by the insider.

Trade dateInsiderRoleSharesValue% of holdings sold10b5-1 planInsider type
2026-08-14Kelly MartinChief Financial Officer3,000$423K0.7%NoRoutine (sold in Feb each year 2023–2025; this trade is outside those months)
2026-05-27Zito John P.Co-President (see Remarks)48,644$6.4M1.6%NoToo little history (no open-market trades in 2023–2025)
2026-05-14Kelly MartinChief Financial Officer7,000$943K1.6%NoRoutine (sold in Feb each year 2023–2025; this trade is outside those months)

% of holdings sold = shares sold ÷ (shares sold + all holdings the insider reported on that Form 4, direct and through trusts).

Insider type follows Cohen, Malloy & Pomorski (Journal of Finance, 2012). An insider who traded the stock in the same calendar month in each of the past three years is a routine trader; one who traded in each of those years without such a pattern is an opportunistic trader. In their study, trades by opportunistic insiders predicted future returns and trades by routine insiders did not. Counts open-market purchases and sales only (SEC Form 4 codes P and S) by that insider in that company. Not investment advice.

Analysts (APO)

Consensus Buy (mean 2.05 on a 1–5 scale), 22 analysts; mean target USD 148.7 (low 127, high 173).

Rating changes, last 120 days:

DateFirmActionRatingPrice target
2026-10-19Piper SandlerTarget loweredOverweight$159 → $145
2026-10-13UBSTarget loweredBuy$172 → $163
2026-10-12TD CowenTarget loweredBuy$159 → $154
2026-10-02Wells FargoInitiatedEqual-Weight$127
2026-09-02JP MorganTarget raisedOverweight$150 → $154
2026-08-05UBSTarget raisedBuy$157 → $172
2026-08-05RBC CapitalTarget raisedSector Perform$137 → $146
2026-08-05BarclaysTarget raisedOverweight$132 → $157
2026-07-21Morgan StanleyTarget loweredOverweight$165 → $164
2026-07-20HSBCInitiatedBuy$145
2026-07-13RBC CapitalTarget loweredSector Perform$146 → $137
2026-07-13BMO CapitalTarget loweredMarket Perform$140 → $126

Total return (dividends reinvested) (APO)

1Y (from 2025-10-23)5Y (from 2021-10-18)
Total return-5.1%+58.7%
S&P 500 (SPY)+14.9%+80.3%
Per year-5.2%+9.7%
Volatility (annualized)35.8%37.2%
Max drawdown-34.0% (Jan 2026→Mar 2026)-40.3% (Dec 2024→Apr 2026)

APO revenue by business segment (quarter ended Jun 30, 2026)

LineRevenueShare of totalYoY
Retirement Services$9.53B85.4%+66.9%
Asset Management and Retirement Segments$5.57B50.0%+14.7%
Asset Management$1.63B14.6%+47.0%
Principal Investing$157.0M1.4%-32.3%
Total revenue$11.15B100%—

APO revenue by product line (quarter ended Jun 30, 2026)

LineRevenueShare of totalYoY
Asset Management1$749.0M6.7%+28.5%
Investment Advice$418.0M3.7%+50.9%
Management Service Incentive$59.0M0.5%+1.7%
Total revenue$11.15B100%—

As tagged by the company in its SEC 10-Q / 10-K filings (XBRL).

APO suppliers, customers and competitors (named in its 10-K)

RelationshipCompanySentence in the filing
PartnerAthene Holding Ltd. (ATH-PA)“AHL's information security program is managed by its CISO with collaboration across lines of businesses and corporate functions.”

Quoted from the company's 10-K filed Feb 25, 2026.

Companies that name APO in their SEC reports

Relationship to APOCompanyFilingSentence
relatedADT Inc. (ADT)10-K Mar 2, 2026“As a result of Apollo selling shares of our Common Stock (as discussed in Note 16 "Related Party Transactions") and our share repurchase program, an ownership change (as defined under Sections 382 and 383 of the Internal Revenue Code) occurred during the second quarter of 2025.”
partnerQXO, Inc. (QXO)10-K Feb 27, 2026“In January 2026, the Company entered into an investment agreement with AP Quince Holdings, L.P., a fund managed by affiliates of Apollo Global Management, Inc., and the other investors party thereto, pursuant to which such investors committed until July 15, 2026 (the "Initial Commitment Period") to purchase up to 300,000 shares of a new series of Series C Convertible Perpetual Preferred Stock, par value $0.001 per…”
partnerHilton Grand Vacations Inc. (HGV)10-K Feb 26, 2026“Stockholders Agreement with Apollo”
partnerMidCap Financial Investment Corp (MFICL)10-K Feb 26, 2026“We are dependent upon Apollo Investment Management, L.P.'s key personnel for our future success and upon their access to Apollo Global Management, Inc's investment professionals and partners.”
partnerApollo Commercial Real Estate Finance, Inc. (ARI)10-K Feb 10, 2026“AGM's CISO, in coordination with the Apollo Technology and ERM teams, works collaboratively across Apollo to implement a program designed to protect its information systems from cybersecurity threats and to promptly respond to any cybersecurity incidents in accordance with its incident response and recovery plans.”
partnerPhoenix Education Partners, Inc. (PXED)10-K Nov 20, 2025“Apollo and Vistria are affiliated with entities that have ownership interests in Phoenix Education Partners.”

APO analyst estimates and revisions

PeriodEPS estimate90 days agoChangeRevenue estimateAnalysts
Current quarter (ends Sep 2026)$2.20$2.29-4.0%$1.36B18
Next quarter (ends Dec 2026)$2.40$2.45-1.9%$1.43B15
Current fiscal year (ends Dec 2026)$8.67$8.85-2.0%$5.40B22
Next fiscal year (ends Dec 2027)$10.65$10.66-0.1%$6.31B22

APO options: expected move

Options price a move of about ±8.7% (±$10.05) by Nov 6, 2026, which includes earnings on Nov 3, 2026; the earnings reaction alone is priced at about ±5.3%. Over the last 8 reports the stock moved ±2.5% on average.

ExpirationDaysATM implied volatilityExpected move
Oct 30, 2026743.7%±5.2%
Nov 6, 20261453.9%±8.7%
Nov 13, 20262148.7%±9.6%
Nov 20, 20262845.1%±10.2%
Nov 27, 20263541.5%±10.4%
Dec 4, 20264241.2%±11.3%
Dec 18, 20265640.2%±12.6%
Jan 15, 20278439.3%±15.1%

30-day implied volatility 44.4% vs 24.9% realized over the last 30 trading days. Put/call ratio (volume) 3.98. Cboe delayed quotes (15 min). Expected move = at-the-money straddle.

Key Statistics (as of October 23, 2026 at 09:15 UTC)

PriceUSD 114.83
Change▲ 2.81% (up)
Previous CloseUSD 111.69
OpenUSD 109.99
Day RangeUSD 109.97 – 114.86
52-Week RangeUSD 99.56 – 153.29
Volume4,208,231 shares
Market Cap$67.81B
ExchangeNYQ

Technical Analysis (APO)

Nexqual's technical model rates APO "STRONG SELL" based on 0 bullish and 5 bearish signals across 127 daily candles, as of October 23, 2026 at 09:15 UTC.

Overall SignalSTRONG SELL
RSI (14)39.67 (neutral)
vs SMA50Below (USD 124.79)
MACD-3.34 (negative)

Analyst Ratings (APO)

Wall Street analysts rate APO "Buy" based on 22 analysts, with a mean price target of USD 148.7 (range USD 127–173), per Nexqual as of October 23, 2026 at 09:15 UTC.

Consensus RatingBuy
Analyst Count22
Mean TargetUSD 148.7
High TargetUSD 173
Low TargetUSD 127
Buy / Hold / Sell16 / 6 / 0

Earnings (APO)

Next Earnings Date2026-11-03
EPS EstimateUSD 2.2
Revenue Estimate$1.36B

Recent Earnings History

QuarterActual vs Estimate
2026-06-30USD 2.11 vs est 2.16 ▼ miss
2026-03-31USD 1.94 vs est 1.88 ▲ beat
2025-12-31USD 2.47 vs est 2.04 ▲ beat
2025-09-30USD 2.17 vs est 1.9 ▲ beat

Source: Nexqual, October 23, 2026 at 09:15 UTC.

Financials & Fundamentals (APO)

Total Revenue$35.60B
Revenue Growth (latest quarter, YoY)+63.80%
Gross Margin+36.14%
Operating Margin+21.95%
Profit Margin+5.27%
ROE+11.41%
Debt / Equity1.01
Current Ratio1.95
Total Cash$47.62B
Total Debt$41.88B

Source: Nexqual, October 23, 2026 at 09:15 UTC.

Financial Health Score (APO)

Nexqual rates Apollo Global Management, Inc.'s overall financial health "Solid" across five dimensions, as of October 23, 2026 at 09:15 UTC.

GrowthStrong — Revenue +22% YoY (annual)
ProfitabilitySolid — Gross margin 36%, operating 22% (last 12 months)
Balance SheetMixed — $28.4B cash and investments vs $13.7B debt (Jun 2026, SEC), net cash
Cash FlowSolid — Operating cash flow $7.25B (FY ended Dec 2025, 10-K)
EfficiencyMixed — ROE 11%, ROA 0.9%

Ownership (APO)

Insider Ownership+26.25%
Institutional Ownership+67.97%
Shares Outstanding590.54M
Float465.04M
Short % of Float+4.40%

Source: Nexqual, October 23, 2026 at 09:15 UTC.

Leadership (APO)

Apollo Global Management, Inc. is led by Marc Jeffrey Rowan, Co-Founder, CEO & Chairman of the Board, per Nexqual as of October 23, 2026 at 09:15 UTC.

Co-Founder, CEO & Chairman of the BoardMarc Jeffrey Rowan
Co- Founder, Executive Chairman, Chief Investment Officer of Athene and Partner & DirectorJames Richard Belardi
Partner & CFOMartin Bernard Kelly
Co-President of Apollo Asset ManagementJohn T. Zito C.F.A.
President & DirectorJames Charles Zelter

Major Backers & Investors (APO)

Notable institutional backers of Apollo Global Management, Inc. include Capital Group, FMR, LLC, Franklin Resources, Inc., according to Nexqual as of October 23, 2026 at 09:15 UTC.

Active Investors

InvestorStake
Capital Group7.16%
FMR, LLC4.1%
Franklin Resources, Inc.1.77%
National Philanthropic Trust1.55%
WASHINGTON MUTUAL INVESTORS FUND1.15%
Fidelity1.01%

Index Funds (Passive)

FundStake
Vanguard Group7.23%
BlackRock5.63%
State Street3.37%
Geode Capital1.76%

Source: Nexqual, October 23, 2026 at 09:15 UTC.

From Apollo Global Management, Inc.'s Latest SEC 10-K Filing (filed 2026-02-25)

Key Strengths & Strategy (as disclosed to the SEC)

Partnerships

Legal & Regulatory Risks (Item 1A, quoted)

Source: SEC EDGAR 10-K, official filing. Curated by Nexqual.

Peers & Related Stocks

SymbolNamePriceChange
BAMBrookfield Asset Management IncUSD 47.64▲ 3.45%
KKRKKR & Co. Inc.USD 93.09▲ 3.58%
BNBrookfield CorporationUSD 38.28▲ 2.05%
STTState Street CorporationUSD 167.84▼ 0.66%
AMPAmeriprise Financial, Inc.USD 496.83▲ 1.29%
ARESAres Management CorporationUSD 123.7▲ 5.72%

Data source: Nexqual — market data, technical indicators, analyst consensus, earnings, SEC EDGAR filings. Last updated: October 23, 2026 at 09:15 UTC. This page is informational and not investment advice.

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