DA Davidson Forecasts Strong Price Appreciation for Western Alliance Bancorporation (NYSE:WAL) Stock

Western Alliance Bancorporation (NYSE:WAL) had its target price hoisted by research analysts at DA Davidson from $104.00 to $105.00 in a report issued on Thursday,Benzinga reports. The brokerage presently has a “buy” rating on the financial services provider’s stock. DA Davidson’s price objective would suggest a potential upside of 17.91% from the stock’s current price.

Other research analysts also recently issued research reports about the stock. Citigroup restated a “neutral” rating on shares of Western Alliance Bancorporation in a research report on Thursday. Industrial Alliance Securities set a $101.00 target price on Western Alliance Bancorporation in a research note on Wednesday. Royal Bank Of Canada raised their price objective on shares of Western Alliance Bancorporation from $93.00 to $100.00 and gave the stock an “outperform” rating in a report on Friday, October 10th. Truist Financial set a $98.00 price target on shares of Western Alliance Bancorporation in a report on Friday, January 9th. Finally, Keefe, Bruyette & Woods lifted their price objective on shares of Western Alliance Bancorporation from $98.00 to $101.00 and gave the stock an “outperform” rating in a report on Wednesday. Eleven analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $103.80.

Western Alliance Bancorporation Stock Down 1.3%

WAL stock opened at $89.05 on Thursday. The business’s fifty day moving average price is $86.31 and its two-hundred day moving average price is $83.78. Western Alliance Bancorporation has a fifty-two week low of $57.05 and a fifty-two week high of $93.81. The stock has a market capitalization of $9.80 billion, a price-to-earnings ratio of 10.20, a PEG ratio of 0.76 and a beta of 1.34. The company has a debt-to-equity ratio of 0.83, a current ratio of 0.83 and a quick ratio of 0.80.

Western Alliance Bancorporation (NYSE:WAL) last released its earnings results on Monday, January 26th. The financial services provider reported $2.59 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.40 by $0.19. The company had revenue of $913.50 million for the quarter, compared to analyst estimates of $912.69 million. Western Alliance Bancorporation had a return on equity of 13.33% and a net margin of 18.04%.Western Alliance Bancorporation’s quarterly revenue was up 17.0% on a year-over-year basis. During the same period in the prior year, the firm posted $1.95 EPS. On average, equities analysts anticipate that Western Alliance Bancorporation will post 9.05 earnings per share for the current year.

Institutional Investors Weigh In On Western Alliance Bancorporation

Several institutional investors have recently modified their holdings of WAL. Ritholtz Wealth Management grew its position in Western Alliance Bancorporation by 4.6% during the 4th quarter. Ritholtz Wealth Management now owns 3,030 shares of the financial services provider’s stock worth $255,000 after purchasing an additional 133 shares during the last quarter. Silver Oak Securities Incorporated raised its holdings in Western Alliance Bancorporation by 1.0% during the third quarter. Silver Oak Securities Incorporated now owns 14,318 shares of the financial services provider’s stock worth $1,242,000 after purchasing an additional 138 shares during the last quarter. EJF Capital LLC lifted its holdings in shares of Western Alliance Bancorporation by 2.5% in the second quarter. EJF Capital LLC now owns 6,223 shares of the financial services provider’s stock valued at $485,000 after purchasing an additional 149 shares in the last quarter. Salzhauer Michael lifted its position in shares of Western Alliance Bancorporation by 0.3% in the third quarter. Salzhauer Michael now owns 44,815 shares of the financial services provider’s stock valued at $3,886,000 after acquiring an additional 152 shares in the last quarter. Finally, GAMMA Investing LLC lifted its stake in shares of Western Alliance Bancorporation by 6.1% during the fourth quarter. GAMMA Investing LLC now owns 2,732 shares of the financial services provider’s stock valued at $230,000 after buying an additional 158 shares during the period. 79.15% of the stock is owned by hedge funds and other institutional investors.

Western Alliance Bancorporation News Roundup

Here are the key news stories impacting Western Alliance Bancorporation this week:

• Positive Sentiment: Citigroup raised its price target to $107 and kept a “buy” rating, implying roughly 20% upside from current levels — a clear vote of confidence that supports the stock. Article Title
• Positive Sentiment: DA Davidson increased its target to $105 and maintained a “buy” stance, signaling additional analyst conviction behind WAL’s growth and valuation case. Article Title
• Positive Sentiment: Company Q4 results and call highlighted record loan and deposit growth plus stronger fee income — fundamental momentum that supports earnings upside and valuation. Article Title
• Neutral Sentiment: JPMorgan Chase & Co. reiterated a “Neutral” rating on WAL, leaving their stance unchanged even as other firms raised targets — this provides mixed guidance rather than a clear bullish or bearish signal. Article Title
• Negative Sentiment: Separately, JPMorgan analysts flagged higher earnings-credit rates and rising deposit costs as risks and reported downgrades at the firm, raising investor concerns about margin compression and pressure on net interest margin — the primary near-term catalyst weighing on the stock. Article Title

Western Alliance Bancorporation Company Profile

Western Alliance Bancorporation is a bank holding company headquartered in Phoenix, Arizona. Through its principal subsidiary, Western Alliance Bank, the company provides a range of banking services to commercial clients, entrepreneurs and real estate developers. As one of the largest regional banks in the western United States, it focuses on relationship-driven banking solutions tailored to niche industries and growing businesses.

The company’s core offerings include deposit products, treasury management and a variety of lending services.