The Ares Acquisition Corporation II Class A Ordinary Shares (AACT) share price is expected to decrease by 100% over the next year. This is based on calculating the average 12-month share price estimate provided by 0 stock analysts who have covered AACT. Price targets range from $ at the low end to $ at the high end. The current analyst consensus for AACT is a sell. Please note analyst price targets are not guaranteed and could be missed completely.
AACT is a stock in Financial Services which has been forecasted to be worth $ as an average. On the higher end, the forecast price is $ USD by from and on the lower end AACT is forecasted to be $ by from .
These are the latest 20 analyst ratings of AACT.
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When did it IPO
2023
Staff Count
0
Country
United States
Sector/Industry
Financial Services/Shell Companies
CEO
Mr. David B. Kaplan
Market Cap
$676.6M
In 2023, AACT generated $0 in revenue, which was a increase of 0.00% from the previous year. This can be seen as a signal that AACT's business is growing, and its share price could be worth more in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.
Revenue From 2020
Revenue From 2021
Revenue From 2022
Revenue From 2023
Summary - Ares Acquisition Corporation II (NYSE: AACT.U) announced that starting June 12, 2023, holders of its IPO units can separately trade Class A shares and warrants.
Why It Matters - The ability to separately trade shares and warrants enhances liquidity and could attract more investors, potentially impacting share price and market interest in Ares Acquisition Corporation II.
Summary - Ares Acquisition Corporation II priced its IPO at $10.00 per unit, raising $450 million with 45 million units to be listed on NYSE under the ticker "AACT.U" starting April 21, 2023.
Why It Matters - Ares Acquisition Corporation II's successful IPO indicates strong investor interest, potentially boosting market confidence in SPACs and influencing future merger activity and valuations.