Western Alliance Bancorporation (WAL, Financial) is experiencing a surge in options trading activity as it approaches its earnings announcement. Trading volume for options has reached 3.1 times the usual level, with call options significantly outnumbering put options by a ratio of 19:6.
Current implied volatility metrics indicate that the market is bracing for a potential price shift of approximately 7.8%, or $4.97 per share, following the earnings release. Historically, the stock has seen a typical movement of around 7.9% over the past eight quarterly earnings reports.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 14 analysts, the average target price for Western Alliance Bancorp (WAL, Financial) is $100.14 with a high estimate of $112.00 and a low estimate of $75.00. The average target implies an upside of 56.87% from the current price of $63.84. More detailed estimate data can be found on the Western Alliance Bancorp (WAL) Forecast page.
Based on the consensus recommendation from 14 brokerage firms, Western Alliance Bancorp's (WAL, Financial) average brokerage recommendation is currently 1.7, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Western Alliance Bancorp (WAL, Financial) in one year is $91.71, suggesting a upside of 43.66% from the current price of $63.84. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Western Alliance Bancorp (WAL) Summary page.
