Acadian Asset Management

AAMI · NYSE

$94.36+$1.16 (+1.24%)TodayMarket closed · Oct 20, 7:30 PM ET

Prev close $93.20

AAMI analyst rating

HoldConsensus of 4 analysts over the last 12 months. 0% rate it a buy.

Strong buy0
Buy0
Hold4
Underperform0
Sell0

12-month price target · 5 analysts

Average $92.82 (−1.6% downside)

Low: $80.80
Now: $94.36
High: $102.90

Upgrades and downgrades

The latest rating actions, newest first

AAMI analyst upgrades, downgrades and rating actions
Firm	Date	Action	Rating	Price target	Hit rate
Evercore ISI Group	Oct 9, 2026	Maintains	In-Line	$98.00 → $102.00	62%
RBC Capital	Oct 9, 2026	Maintains	Sector Perform	$80.00 → $85.00	29%
Morgan Stanley	Sep 25, 2026	Maintains	Equal-Weight	$81.00 → $95.00	54%
Evercore ISI Group	Sep 9, 2026	Maintains	In-Line	$96.00 → $98.00	62%
Evercore ISI Group	Aug 10, 2026	Maintains	In-Line	$87.00 → $96.00	62%
RBC Capital	Jul 31, 2026	Maintains	Sector Perform	$72.00 → $80.00	29%
Evercore ISI Group	Jul 10, 2026	Maintains	In-Line	$80.00 → $84.00	62%
RBC Capital	Jul 2, 2026	Maintains	Sector Perform	$66.00 → $72.00	29%
Morgan Stanley	Jun 26, 2026	Maintains	Equal-Weight	$60.00 → $78.00	54%
RBC Capital	May 20, 2026	Maintains	Sector Perform	$66.00	29%

The case for and against

Updated Oct 16, 2026

Bull case

Acadian Asset Management is well positioned because its systematic strategies have produced tighter 10-year information ratios, uncorrelated returns versus discretionary managers, and +3.4% annualized excess returns over the past 5 years on an asset-weighted basis, supporting a durable performance edge. Its scale and research depth, including ~70 FTEs focused on data and a 100+ investment team, help it keep finding new signals while the business benefits from industry momentum, with systematic equity AUM growing 62% from year-end 2022 to year-end 2025 versus 30% for discretionary/fundamental peers. Financially, the company reported $219bn of AUM at April month-end, +$20.3bn of 1Q net inflows ex reinvested distributions, and stronger operating margins, indicating meaningful operating leverage and healthy organic growth.

Bear case

Acadian Asset Management is exposed to a business model that depends heavily on market conditions, and any significant correction in equity markets or volatility in interest rates could pressure financial condition and earnings. Its low-volatility strategies can also lose appeal during strong equity market returns, while poor relative performance may trigger redemptions or weaker fund sales, reducing AUM and management fee revenues. The shift toward passively managed products and regulatory changes to fiduciary definitions could further restrict shelf space at RIAs and wirehouses, creating additional headwinds for long-term growth.

Information on this page is provided for informational purposes only and is not a recommendation to buy, sell or hold any security. Investing involves risk, including possible loss of principal. Market data is delayed at least 15 minutes and is provided without warranty. Analyst ratings, price targets and company data come from third-party sources. Past performance does not guarantee future results.