Evercore ISI raises Blue Owl Capital stock price target on growth
Evercore ISI raised Blue Owl Capital's (NYSE:OWL) price target to $12.00 from $11.00, citing growth in direct lending and fee-paying assets. The stock trades at $10.41, with analysts seeing 22% upside. Blue Owl reported Q3 2026 earnings of $0.24 per share on $806.53M revenue, beating estimates, and increased AUM to $330B. The company maintains an 8.84% dividend yield and expects earnings growth in 2027.
How this was made
The 30-second read
Why it matters
The price‑target increase may attract new buying interest, supporting short‑term price gains.
Market read
Analyst upgrade could drive modest buying pressure in the asset‑management space.
What to watch
Potential headwinds from rising interest rates affecting borrowing costs for leveraged loan portfolios.
Background
Evercore ISI's research note highlights Blue Owl Capital's strong direct‑lending performance and dividend yield.
Ticker impact
Evercore ISI raised its price target on Blue Owl Capital to $12.00 from $11.00, indicating upside potential.
likely upward pressure as investors price in the higher target
Target raise reflects belief the stock is undervalued and could rally on the new guidance.
Market effects
May boost sentiment in the asset‑management sector as peers could see similar target upgrades.
Primarily U.S. market effect; limited regional spillover.
Limited global impact beyond investors tracking U.S. listed asset managers.
Counterpoint
The target raise could be premature if fee growth slows or market conditions deteriorate.
Key entities
- companyBlue Owl Capital
Asset manager with growing direct‑lending business.
- research_firmEvercore ISI
Equity research boutique that issued the upgraded target.
