Ares Management Corporation

Ares Management is one of the world's largest alternative-asset managers, with $595.7 billion in total assets under management, or AUM, including $367.6 billion in fee-earning AUM, at the end of September 2025. The company has four main business segments: private credit ($391.5 billion in total AUM and $240.2 billion in fee-earning AUM), private equity, ($25.1 billion/$11.8 billion), real estate/real assets ($132.4 billion/$80.5 billion), and other alternatives ($46.7 billion/$35.1 billion). The firm primarily serves institutional investors (80% of AUM) and high-net-worth individuals (20%). Ares operates through more than 35 offices in over 15 countries around the globe.

Consensus

Buy

Average target

$189.60

Implied upside

—

Analysts

24

Why Is ARES Moving Slightly Higher Today?

Ares Management edged up 0.53% as the alternative asset manager navigates mixed analyst sentiment following its Q3 earnings report. While the company faces scrutiny over margin performance, most major Wall Street firms maintain bullish stances with a wide range of price targets, suggesting confidence in the firm's longer-term growth trajectory despite near-term operational questions.

Bottom line: ARES faces a tale of two narratives: analyst conviction in its business model and positioning within the booming alternatives space, offset by Q3 margin pressures that have prompted modest price target reductions despite maintained buy ratings. Investors should monitor margin trends and profitability metrics in forthcoming quarters, as resolution of these operational questions will likely determine whether the stock trends toward optimistic targets ($158-$171) or faces further compression. The wide dispersion in analyst price targets suggests this is an active debate point among professionals.