Air Lease Corporation (AL)
NYSE: AL · IEX Real-Time Price · USD
41.94
-0.10 (-0.24%)
Dec 29, 2023, 4:00 PM EST - Market closed
Air Lease Stock Forecast
Stock Price Forecast
According to 6 stock analysts, the average 12-month stock price forecast for Air Lease stock is $52.67, which predicts an increase of 25.58%. The lowest target is $43 and the highest is $60. On average, analysts rate Air Lease stock as a buy.
Analyst Consensus: Buy
* Price targets were last updated on Nov 15, 2023.
Analyst Ratings
The average analyst rating for Air Lease stock from 6 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Jul '23 | Aug '23 | Sep '23 | Oct '23 | Nov '23 | Dec '23 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 2 | 2 | 2 | 2 | 2 |
| Buy | 3 | 2 | 2 | 2 | 3 | 3 |
| Hold | 1 | 1 | 1 | 1 | 1 | 1 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 5 | 5 | 5 | 5 | 6 | 6 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Barclays | Barclays | Buy Initiates $46 | Buy | Initiates | $46 | +9.68% | Nov 15, 2023 |
| B of A Securities | B of A Securities | Strong Buy Maintains $65 → $60 | Strong Buy | Maintains | $65 → $60 | +43.06% | Aug 30, 2023 |
| Citigroup | Citigroup | Hold Maintains $41 → $43 | Hold | Maintains | $41 → $43 | +2.53% | Aug 11, 2023 |
| Stephens & Co. | Stephens & Co. | Buy Reiterates $55 | Buy | Reiterates | $55 | +31.14% | Jul 12, 2023 |
| Citigroup | Citigroup | Hold Initiates $41 | Hold | Initiates | $41 | -2.24% | May 15, 2023 |
Financial Forecast
Revenue This Year
2.71B
from 2.32B
Increased by 16.99%
Revenue Next Year
2.99B
from 2.71B
Increased by 10.29%
EPS This Year
4.57
from -1.24
EPS Next Year
5.28
from 4.57
Increased by 15.53%
Revenue Forecast
| Revenue | 2023 | 2024 | 2025 |
|---|---|---|---|
| High | 2.8B | 3.2B | 3.6B |
| Avg | 2.7B | 3.0B | 3.3B |
| Low | 2.4B | 2.7B | 3.0B |
Revenue Growth
| Revenue Growth | 2023 | 2024 | 2025 |
|---|---|---|---|
| High | 21.1% | 18.3% | 21.0% |
| Avg | 17.0% | 10.3% | 9.8% |
| Low | 5.6% | -0.4% | 0.9% |
EPS Forecast
| EPS | 2023 | 2024 | 2025 |
|---|---|---|---|
| High | 4.78 | 6.14 | 6.87 |
| Avg | 4.57 | 5.28 | 6.09 |
| Low | 4.21 | 4.31 | 4.95 |
EPS Growth
| EPS Growth | 2023 | 2024 | 2025 |
|---|---|---|---|
| High | - | 34.3% | 30.2% |
| Avg | - | 15.5% | 15.5% |
| Low | - | -5.6% | -6.2% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.