Western Alliance Bancorporation (NYSE:WAL) Stock Gets Downgrade from Wall Street Zen

Posted by Francis Steltz on Nov 9th, 2026

Western Alliance Bancorporation (NYSE:WAL – Get Free Report) was downgraded by research analysts at Wall Street Zen from a “hold” rating to a “sell” rating in a research report issued on Saturday, Wall Street Zen reports.

WAL has been the topic of a number of other research reports. Mizuho set a $96.00 price objective on shares of Western Alliance Bancorporation in a research note on Thursday, July 23rd. TD Cowen decreased their target price on shares of Western Alliance Bancorporation from $90.00 to $85.00 and set a “hold” rating for the company in a research note on Monday, October 5th. JPMorgan Chase & Co. lowered their price target on shares of Western Alliance Bancorporation from $90.00 to $85.00 and set a “neutral” rating for the company in a report on Wednesday, October 21st. Stephens lowered their price target on shares of Western Alliance Bancorporation from $94.00 to $88.00 and set an “overweight” rating for the company in a report on Thursday, October 22nd. Finally, Weiss Ratings downgraded shares of Western Alliance Bancorporation from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Friday, October 23rd. Twelve research analysts have rated the stock with a Buy rating and four have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $92.56.

Get Our Latest Report on Western Alliance Bancorporation

Western Alliance Bancorporation Stock Performance

Shares of NYSE:WAL opened at $75.69 on Friday. The company has a market cap of $8.14 billion, a P/E ratio of 8.36, a PEG ratio of 0.75 and a beta of 1.43. The company has a debt-to-equity ratio of 0.87, a quick ratio of 0.81 and a current ratio of 0.86. Western Alliance Bancorporation has a one year low of $65.82 and a one year high of $97.23. The business’s 50-day simple moving average is $76.88 and its 200 day simple moving average is $79.71.

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

Hedge Funds Weigh In On Western Alliance Bancorporation

A number of institutional investors have recently made changes to their positions in the business. BlackRock Inc. bought a new position in Western Alliance Bancorporation in the second quarter worth about $926,898,000. Dimensional Fund Advisors LP boosted its stake 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 period. Davis Asset Management L.P. acquired a new position in Western Alliance Bancorporation in the second quarter valued at approximately $274,219,000. Barrow Hanley Mewhinney & Strauss LLC bought a new position in shares of Western Alliance Bancorporation during the second quarter valued at approximately $174,329,000. Finally, Jupiter Topco LLC bought a new position in shares of Western Alliance Bancorporation during the second quarter valued at approximately $101,995,000. 79.15% of the stock is owned by institutional investors and hedge funds.

About Western Alliance Bancorporation

(Get Free Report)

Western Alliance Bancorporation is a bank holding company headquartered in Phoenix, Arizona, and the parent of Western Alliance Bank. The company provides commercial banking and related financial services to businesses, business owners and individuals.

Its services include business and commercial real estate lending, deposit accounts, treasury management, and specialized banking for industries such as technology, healthcare, and property management. Through its banking divisions and specialized business lines, Western Alliance serves clients across the western United States and beyond.

Western Alliance traces its history to the 1990s and has expanded through acquisitions and the development of regional banking divisions.