Carlyle Group (NASDAQ:CG) Given New $63.00 Price Target at JPMorgan Chase & Co.

Key Points

• JPMorgan Chase lowered Carlyle Group’s price target from $66 to $63 and kept a neutral rating, implying about 26% upside from the current share price.
• Carlyle’s latest earnings missed expectations, with EPS of $0.89 versus $0.91 expected and revenue of $750.9 million versus a $1.01 billion estimate. Revenue also fell 28% year over year.
• The stock has seen mixed analyst sentiment overall, with a Hold consensus and an average price target of $62.80, even as several firms recently cut targets or adjusted ratings.

Carlyle Group (NASDAQ:CG - Get Free Report) had its target price reduced by equities researchers at JPMorgan Chase & Co. from $66.00 to $63.00 in a note issued to investors on Friday,Benzinga reports. The brokerage presently has a "neutral" rating on the financial services provider's stock. JPMorgan Chase & Co.'s price target would indicate a potential upside of 26.08% from the company's current price.

A number of other research firms also recently commented on CG. Royal Bank Of Canada started coverage on Carlyle Group in a research note on Monday, February 23rd. They issued an "outperform" rating and a $67.00 price target for the company. The Goldman Sachs Group dropped their price target on Carlyle Group from $81.00 to $69.00 and set a "buy" rating for the company in a research note on Tuesday, April 7th. UBS Group dropped their price target on Carlyle Group from $81.00 to $65.00 and set a "buy" rating for the company in a research note on Friday, February 20th. Evercore set a $56.00 target price on Carlyle Group in a research note on Tuesday, April 21st. Finally, Morgan Stanley lowered their target price on Carlyle Group from $71.00 to $66.00 and set an "equal weight" rating for the company in a research note on Tuesday, April 21st. Eight equities research analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of "Hold" and an average price target of $62.80.

Carlyle Group Stock Performance

Shares of Carlyle Group stock traded up $0.96 during trading on Friday, reaching $49.97. The company's stock had a trading volume of 3,127,259 shares, compared to its average volume of 3,242,159. The business's 50-day moving average price is $48.97 and its 200-day moving average price is $54.56. The firm has a market cap of $18.05 billion, a PE ratio of 22.93, a P/E/G ratio of 1.12 and a beta of 1.89. Carlyle Group has a 52 week low of $41.52 and a 52 week high of $69.85. The company has a quick ratio of 2.33, a current ratio of 2.33 and a debt-to-equity ratio of 1.90.

Carlyle Group (NASDAQ:CG - Get Free Report) last announced its earnings results on Wednesday, May 6th. The financial services provider reported $0.89 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.91 by ($0.02). The business had revenue of $750.90 million during the quarter, compared to the consensus estimate of $1.01 billion. Carlyle Group had a net margin of 16.92% and a return on equity of 23.62%. The company's revenue was down 28.0% compared to the same quarter last year. During the same period in the previous year, the firm posted $1.14 EPS. Equities analysts forecast that Carlyle Group will post 4.3 earnings per share for the current year.

Insider Activity

In other news, Director David M. Rubenstein sold 500,000 shares of the company's stock in a transaction that occurred on Thursday, March 19th. The stock was sold at an average price of $46.68, for a total value of $23,340,000.00. Following the completion of the transaction, the director owned 27,399,644 shares of the company's stock, valued at $1,279,015,381.92. This represents a 1.79% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. 26.30% of the stock is owned by corporate insiders.

Institutional Trading of Carlyle Group

Institutional investors have recently added to or reduced their stakes in the stock. WFA of San Diego LLC bought a new stake in Carlyle Group in the second quarter valued at approximately $26,000. Main Street Group LTD bought a new stake in Carlyle Group in the first quarter valued at approximately $27,000. Geneos Wealth Management Inc. boosted its holdings in Carlyle Group by 755.3% in the first quarter. Geneos Wealth Management Inc. now owns 650 shares of the financial services provider's stock valued at $28,000 after acquiring an additional 574 shares during the last quarter. Bernard Wealth Management Corp. bought a new stake in Carlyle Group in the fourth quarter valued at approximately $30,000. Finally, Quarry LP bought a new stake in Carlyle Group in the third quarter valued at approximately $33,000. 55.88% of the stock is currently owned by institutional investors.

Key Stories Impacting Carlyle Group

Here are the key news stories impacting Carlyle Group this week:

• Positive Sentiment: Carlyle declared a quarterly cash dividend of $0.35 per share (record May 18; payable May 28), implying a ~2.8% yield — a direct cash return that supports investor income demand.
• Positive Sentiment: Carlyle is expanding into an AI‑driven healthcare revenue‑cycle management platform, reflecting platform diversification and potential fee/tech growth outside traditional private equity. Carlyle Expands Into AI Driven Healthcare Revenue Cycle Management Platform
• Positive Sentiment: Carlyle partnered on a $1.2bn ABS‑funded Anadarko oil & gas acquisition with Diversified Energy — a deal that highlights fee/arrangement opportunities for Carlyle’s credit and infrastructure platforms. Carlyle teams with Diversified Energy on $1.2bn oil and gas venture
• Neutral Sentiment: Barclays trimmed its price target from $67 to $63 but maintained an "overweight" rating, signaling confidence in medium‑term upside even as near‑term expectations were lowered. Barclays lowers PT to $63, keeps overweight
• Negative Sentiment: Weak Q1 results remain the biggest headwind: Q1 EPS missed estimates ($0.89 vs. $0.91), revenue plunged year‑over‑year and Carlyle reported large realized investment losses (~$617M reported in coverage) that materially reduced distributable earnings — items that pressured the stock after the report. Carlyle Hit By Massive Investment Losses, Revenue Plunges Nearly 74%

Carlyle Group Company Profile

The Carlyle Group NASDAQ: CG is a global alternative asset manager that invests across a range of strategies including private equity, real assets (such as real estate and infrastructure), global credit, and investment solutions. Founded in 1987 and headquartered in Washington, DC, Carlyle raises and manages investment funds that acquire, operate and exit companies and assets on behalf of institutional and private investors. The firm is publicly traded on the Nasdaq exchange and operates as an asset manager and investment advisor rather than as an operating company.

Carlyle's core activities include sourcing and executing private equity buyouts and growth investments, originating and managing credit and financing solutions, and acquiring and operating real asset portfolios.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.