Based on ratings from 0 stock analysts, the GCM Grosvenor Inc stock price is expected to increase by 8.5% in 12 months. This is calculated by using the average 12-month stock price forecast for GCM Grosvenor Inc. The lowest target is $9.5 and the highest is $14. Please note analyst price targets are not guaranteed and could be missed completely.
About 0 Wall Street analysts have assigned GCMG 0 buy ratings, 0 hold ratings, and 0 sell ratings. This means that analysts expect GCM Grosvenor Inc to perform worse than the market. Keep in mind that these ratings are typically refreshed every quarter, underscoring the importance of conducting your own research on GCMG. Don't forget to include both technical and fundamental analysis, as well as staying informed on news that could influence these ratings, in your due diligence.
These are the latest 20 analyst ratings of GCMG.
Analyst/Firm |
Rating |
Price Target |
Change |
Date |
---|---|---|---|---|
Kenneth Worthington JP Morgan | Neutral | $10 | Maintains | Aug 12, 2024 |
Chris Kotowski Oppenheimer | Outperform | $14 | Maintains | Aug 9, 2024 |
Bill Katz TD Cowen | Buy | $14 | Maintains | Aug 9, 2024 |
Crispin Love Piper Sandler | Neutral | $10.5 | Maintains | May 20, 2024 |
Bill Katz TD Cowen | Buy | $11.5 | Maintains | May 9, 2024 |
Adam Beatty UBS | Neutral | $9.5 | Maintains | Apr 12, 2024 |
Bill Katz TD Cowen | Outperform | $10 | Upgrade | Feb 16, 2024 |
Chris Kotowski Oppenheimer | Outperform | $12 | Maintains | Feb 14, 2024 |
Bill Katz TD Cowen | Market Perform | $9.5 | Initiates | Jan 4, 2024 |
Crispin Love Piper Sandler | Neutral | $10 | Assumes | Dec 20, 2023 |
Chris Kotowski Oppenheimer | Outperform | $11 | Maintains | Oct 9, 2023 |
Chris Kotowski Oppenheimer | Outperform | $12 | Maintains | Aug 10, 2023 |
Sumeet Mody Piper Sandler | Overweight | $10 | Maintains | Aug 10, 2023 |
Bill Katz Credit Suisse | Outperform | $10.5 | Maintains | May 12, 2023 |
Chris Kotowski Oppenheimer | Outperform | $11 | Maintains | May 12, 2023 |
Sumeet Mody Piper Sandler | Overweight | $10 | Initiates | Apr 5, 2023 |
Bill Katz Credit Suisse | Outperform | $10.5 | Maintains | Feb 21, 2023 |
Kenneth Worthington JP Morgan | Neutral | $9 | Downgrade | Feb 15, 2023 |
Chris Kotowski Oppenheimer | Outperform | $12 | Reiterates | Feb 15, 2023 |
Colin Rusch Oppenheimer | Outperform | $12 | Maintains | Jan 25, 2023 |
When did it IPO
N/A
Staff Count
538
Country
United States
Sector/Industry
Financial Services/Asset Management
CEO
Mr. Michael Jay Sacks
Market Cap
$2.03B
In 2023, GCMG generated $452.0M in revenue, which was a decrease of -0.12% from the previous year. This can be seen as a signal that GCMG's business is declining, and its share price could be worth less 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 - GCM Grosvenor Inc. (NASDAQ:GCMG) will hold its Q2 2024 Earnings Conference Call on August 8, 2024, at 11:00 AM ET, featuring key executives and analysts from major firms.
Why It Matters - The earnings conference call provides insights into GCM Grosvenor's financial performance and outlook, influencing investor sentiment and stock valuation.
Summary - GCM Grosvenor Inc. (GCMG) reported Q3 earnings of $0.15 per share, exceeding the Zacks estimate of $0.14, up from $0.12 per share in the same quarter last year.
Why It Matters - GCM Grosvenor's earnings beat expectations and improved year-over-year, indicating strong financial performance and potential growth, which can positively influence investor sentiment and stock value.
Summary - GCM Grosvenor (GCMG) is expected to face challenges in achieving an earnings beat in its upcoming report due to lacking essential factors.
Why It Matters - GCM Grosvenor may underperform in its earnings report, which could lead to a decline in stock price and investor confidence, impacting investment decisions.
Summary - GCM Grosvenor (Nasdaq: GCMG) will announce its Q2 2024 results on August 8, 2024.
Why It Matters - GCM Grosvenor's upcoming Q2 2024 earnings release may impact stock performance and investor sentiment, influencing buy/sell decisions based on financial results and outlook.
Summary - GCM Grosvenor has committed $50 million to OlivePoint's latest investment fund on behalf of various U.S. Pension Plans, supporting emerging real estate investors.
Why It Matters - GCM Grosvenor's $50 million commitment to OlivePoint signals confidence in the real estate market, potentially boosting OlivePoint's growth and attracting further investments, impacting investor sentiment.
Summary - GCM Grosvenor (Nasdaq: GCMG) President Jon Levin will present at the Morgan Stanley U.S. Financials and Payments Conference on June 12, 2024, at 1:45 PM EDT.
Why It Matters - Jon Levin's presentation at a major financial conference could influence investor sentiment and stock performance, signaling strategic insights or updates from GCM Grosvenor.