Apollo Global Management, Inc. (NYSE:APO) is one of the Best Undervalued Stocks to Buy According to the Financial Media.
Piper Sandler lifted its price objective on the company’s stock to $157 from $146 and kept an “Overweight” rating on the shares after the Q1 results
Apollo Global Management, Inc. (NYSE:APO) surpassed expectations and reaffirmed its 2026 guidance. The higher multiple is backed by peer multiple expansion and the firm’s expectation that the company is one of the best-placed alternatives in the broader space. Apollo Global Management, Inc. (NYSE:APO)’s Q1 2026 results demonstrate a robust tone for the year, with record fee-related earnings, and AUM crossing $1 trillion.
The company’s FRE came in at $728 million, reflecting YoY growth of 30%, thanks to the record quarterly fee-related revenue and margin expansion. Furthermore, the SRE of $719 million was aided by healthy organic growth trends. Together, FRE and SRE came in at $1.4 billion in Q1 2026, demonstrating the strength of combined earnings streams.