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Research Alert: CFRA Reiterates Buy Opinion On Shares Of The Carlyle Group, Inc.
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Research Alert: CFRA Reiterates Buy Opinion On Shares Of The Carlyle Group, Inc.
Sep 20, 2025 5:42 PM

11:10 AM EDT, 09/18/2025 (MT Newswires) -- CFRA, an independent research provider, has provided MT Newswires with the following research alert. Analysts at CFRA have summarized their opinion as follows:

We lift our 12-month target price by $6 to $80 using a wider equity risk premium and a forward P/E of 15.8x compared to the ALTs peer group at 23.0x. We keep our 2025 EPS estimate at $4.10 and lift 2026's by $0.25 to $5.05, compared to consensus at $4.10 and $4.84, respectively. CG is successfully transforming the business with new leadership put in place over two years ago but still lags larger peers. Nonetheless, CG is a beneficiary of the private equity markets seeing the "exit ramp" for privately-owned companies to be monetized in the IPO market, M&A, or secondary buyout markets. Carlyle AlpInvest is its secondaries fund that has 65% of a new fund committed for a new fund launch by year end. Global Private Equity has $2.9B of carry interest (+30% Y/Y) that represents future earnings potential, and new funds like CP I X are planned to launch this quarter. Global Credit is benefiting from secular tailwinds with +41% organic fee-related earnings growth in 1H 2025 and expanding insurance partnerships (six).

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