The Carlyle Group stock sits 15.45 percent below TD Cowen's USD 42.00 target
Published on 10/17/2026 at 18:39 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSAnalyst targets and dates
- TD Cowen lowered its Carlyle target from USD 54.00 to USD 42.00 on October 12, 2026.
- Carlyle reported USD 485.0 billion of assets under management as of June 30, 2026.
- The Carlyle Group stock last stood at USD 36.38 on October 16, 2026, down 1.17 percent versus the Nasdaq prior close of October 15, 2026.
- Carlyle will release third-quarter 2026 results on November 5, 2026.
On October 12, 2026, TD Cowen cut its target for The Carlyle Group (ISIN US14316J1088) from USD 54.00 to USD 42.00 while keeping a Hold rating, according to MarketBeat. The new target stands 15.45 percent above the Nasdaq price of USD 36.38. The Nasdaq last showed CG at USD 36.38 on October 16, 2026 at 4:00 p.m. ET, down 1.17 percent versus the Nasdaq prior close of October 15, 2026 at USD 36.81.
Assets provide the operating scale
The Carlyle Group reported USD 485.0 billion of assets under management as of June 30, 2026, according to GlobeNewswire. That scale matters because fee-related earnings and investment realizations can move on different schedules. The next quarterly update will show whether the platform converted its asset base into stronger earnings momentum.
Stock sits near its yearly floor
On October 16, 2026, the stock's Nasdaq range for the past year ran from USD 35.41 to USD 67.30. The latest USD 36.38 price was 2.74 percent above the low and 45.94 percent below the high. Trading volume was 1,818,887 shares, compared with an average of 3,647,875 shares, leaving the session volume 50.13 percent below its average.
The market capitalization was USD 13.0 billion as of October 16, 2026, and the trailing price-to-earnings ratio was 37.80. Those valuation figures sit beside TD Cowen's lower target, which gives the October 12, 2026 analyst update more weight than a simple target revision. The firm also keeps its Hold rating.
What dates matter next
The Carlyle Group will release third-quarter 2026 results on November 5, 2026 and hold its conference call at 8:30 a.m. EST. The report will be the next scheduled test for revenue, earnings and asset growth.
Comparison with peers
The Carlyle Group: minus 1.17 percent, P/E 37.80, market capitalization USD 13.0 billion
KKR & Co. (NYSE, USD): minus 1.62 percent, P/E 27.11, market capitalization USD 77.4 billion
Apollo Global Management (NYSE, USD): minus 0.97 percent, P/E 24.78, market capitalization USD 65.4 billion
Market position and next step
The target revision, the USD 485.0 billion asset base and the November 5, 2026 results date give investors three dated markers for assessing Carlyle's stock. The Nasdaq quotation remained close to its yearly low on October 16, 2026, while the valuation remained higher than the two peer ratios listed above.
The Carlyle Group stock last stood at USD 36.38 on the Nasdaq on October 16, 2026 at 4:00 p.m. ET, down 1.17 percent versus the Nasdaq prior close of October 15, 2026 at USD 36.81.
The Carlyle Group stock at a glance
- Company: The Carlyle Group Inc.
- ISIN: US14316J1088
- Ticker: CG
- Primary exchange: Nasdaq
- Market capitalization: USD 13.0 billion (as of October 16, 2026)
- 52-week range: USD 35.41-67.30 (as of October 16, 2026)
- Sector / Industry: Financial Services / Asset Management
- Index membership: S&P 500
- Next earnings date: November 5, 2026
Market context: Market report S&P 500.
