Invesco

IVZ · NYSE

$28.78+$0.49 (+1.73%)TodayMarket closed · Oct 20, 7:59 PM ET

Prev close $28.29

IVZ analyst rating

BuyConsensus of 12 analysts over the last 12 months. 58% rate it a buy.

Strong buy0
Buy7
Hold5
Underperform0
Sell0

12-month price target · 14 analysts

Average $35.51 (+23.4% upside)

Low: $29.29
Now: $28.78
High: $40.95

Upgrades and downgrades

The latest rating actions, newest first

IVZ analyst upgrades, downgrades and rating actions
Firm	Date	Action	Rating	Price target	Hit rate
BMO Capital	Oct 13, 2026	Maintains	Outperform	$34.00 → $36.00	56%
TD Cowen	Oct 12, 2026	Maintains	Buy	$39.00 → $38.00	53%
Evercore ISI Group	Oct 9, 2026	Maintains	In-Line	$37.00 → $34.00	62%
RBC Capital	Oct 9, 2026	Maintains	Outperform	$35.00 → $36.00	29%
UBS	Oct 7, 2026	Initiates	Neutral → Buy	$21.00 → $41.00	—
Morgan Stanley	Sep 25, 2026	Maintains	Equal-Weight	$30.00 → $31.00	54%
Evercore ISI Group	Sep 9, 2026	Maintains	In-Line	$35.00 → $37.00	62%
TD Cowen	Aug 13, 2026	Maintains	Buy	$37.00 → $39.00	53%
Evercore ISI Group	Aug 10, 2026	Maintains	In-Line	$33.00 → $35.00	62%
JP Morgan	Jul 29, 2026	Maintains	Neutral	$29.00 → $29.50	53%

The case for and against

Updated Oct 17, 2026

Bull case

Invesco is positioned well because its $2.562 trillion AUM base is broad, with 72% from retail, 28% from institutional, and a diversified mix across equity, fixed-income, alternatives, and money market products that should help stabilize flows through cycles. The outlook is further supported by nearly half of AUM in passive products, a top-10 US retail fund complex, and meaningful international exposure across Europe, Africa, the Middle East, and Asia, which together create multiple avenues for organic growth. Fundamentals also look constructive as estimates were raised to $0.63 for 2Q, $2.62 for 2026, and $3.03 for 2027 on better market returns, improved net flows, operating leverage, and the accretive impact of QQQ AUM starting Dec 2025.

Bear case

Invesco is exposed to significant earnings volatility because its $2.562 trillion in AUM is heavily tied to equity markets, with 62% in equities and close to half in passive products that can face fee pressure and flow sensitivity. Its global footprint adds risk, as 31% of AUM comes from Europe, Africa, the Middle East, and Asia, leaving results vulnerable to foreign exchange translation, especially in Canadian dollar, GBP, and EUR exposure. Further downside stems from counterparty reliance and the possibility that market turbulence or reversion in long-term flows, notably from AsiaPac and/or IGW units, could prevent operating leverage and delay capital return.

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.