Western Alliance Bancorporation (NYSE:WAL) Stock Breaks Above Fifty Day Moving Average – Here’s What Happened

Posted by Geri Gentry on Oct 30th, 2026

Western Alliance Bancorporation (NYSE:WAL – Get Free Report) crossed above its fifty day moving average during trading on Thursday. The stock has a fifty day moving average of $77.14 and traded as high as $77.83. Western Alliance Bancorporation shares last traded at $77.75, with a volume of 1,114,709 shares traded.

Wall Street Analyst Weigh In

A number of research analysts recently weighed in on WAL shares. Piper Sandler set a $96.00 price objective on Western Alliance Bancorporation in a report on Tuesday, October 20th. Barclays raised their target price on Western Alliance Bancorporation from $88.00 to $93.00 and gave the company an “overweight” rating in a report on Monday, October 5th. Citigroup decreased their target price on shares of Western Alliance Bancorporation from $98.00 to $95.00 and set a “buy” rating on the stock in a research report on Tuesday, September 22nd. Raymond James Financial began coverage on shares of Western Alliance Bancorporation in a research note on Tuesday, September 22nd. They set an “outperform” rating and a $90.00 price target on the stock. Finally, Wells Fargo & Company cut their price target on shares of Western Alliance Bancorporation from $90.00 to $84.00 and set an “equal weight” rating for the company in a report on Tuesday, September 29th. Eleven investment analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $92.18.

View Our Latest Analysis on Western Alliance Bancorporation

Western Alliance Bancorporation Trading Up 2.4%

The business has a fifty day simple moving average of $77.14 and a 200 day simple moving average of $80.03. The stock has a market cap of $8.48 billion, a price-to-earnings ratio of 8.59, a PEG ratio of 0.76 and a beta of 1.42. The company has a debt-to-equity ratio of 0.87, a quick ratio of 0.80 and a current ratio of 0.84.

Western Alliance Bancorporation (NYSE:WAL – Get Free Report) last announced its earnings results on Monday, October 19th. The financial services provider reported $2.45 earnings per share for the quarter, beating the consensus estimate of $2.43 by $0.02. The firm had revenue of $1.01 billion during the quarter, compared to the consensus estimate of $987.91 million. Western Alliance Bancorporation had a net margin of 17.34% and a return on equity of 13.50%. The firm’s revenue for the quarter was up 8.1% on a year-over-year basis. During the same quarter in the previous year, the company posted $2.28 EPS. As a group, equities analysts anticipate that Western Alliance Bancorporation will post 9.04 EPS for the current year.

Institutional Trading of Western Alliance Bancorporation

Several institutional investors have recently made changes to their positions in the stock. BlackRock Inc. purchased a new position in shares of Western Alliance Bancorporation in the 2nd quarter worth $926,898,000. Dimensional Fund Advisors LP boosted its holdings in Western Alliance Bancorporation by 1.0% in the first quarter. Dimensional Fund Advisors LP now owns 3,813,995 shares of the financial services provider’s stock valued at $270,203,000 after acquiring an additional 36,534 shares during the last quarter. Davis Asset Management L.P. acquired a new position in Western Alliance Bancorporation in the second quarter valued at $274,219,000. Barrow Hanley Mewhinney & Strauss LLC purchased a new stake in Western Alliance Bancorporation during the second quarter valued at about $174,329,000. Finally, Jupiter Topco LLC purchased a new stake in Western Alliance Bancorporation during the second quarter valued at about $101,995,000. 79.15% of the stock is owned by hedge funds and other institutional investors.

Western Alliance Bancorporation Company Profile

(Get Free Report)

Western Alliance Bancorporation (NYSE:WAL) is a bank holding company headquartered in Phoenix, Arizona. Through its principal subsidiary, Western Alliance Bank, the company provides banking and financial services to businesses, professionals, entrepreneurs, and individual customers.

Western Alliance Bank offers commercial and industrial lending, commercial real estate financing, construction loans, residential mortgage warehouse lending, and consumer banking services. Its deposit products include checking, savings, money market, and time deposit accounts, while its other services include treasury management, online banking, payments, and wealth management solutions.

The bank serves customers through a combination of regional banking divisions and specialized businesses, with operations focused on markets including Arizona, California, and Nevada as well as nationwide industry-based lending and financial services.