NYSE: WAL

Western Alliance Bancorporation (WAL) Stock Analysis & Forecast

Sep 28 close

$76.55−1.06 (−1.4%)

Gekko Brief

AI summary

This week brings an analyst initiation, with Raymond James starting coverage of Western Alliance Bancorp with a Buy rating and a $90 target price, alongside general stock and dividend news coverage. The commentary points to a broadly positive outlook from the firm on the bank's future performance.

Western Alliance closed at $76.55, down 1.4%, and sits below both its 50-day average of $80.18 and 200-day average of $81.30, with the 50-day below the 200-day. Over the past month the stock is down 2.7%, and over six months it remains up 12.9%. The GekkoIndex reads 63.3, placing the stock in the Accumulation zone, up 2.4 over five days. Price stands 10.2% below Gekko Fair Value of $85.22.

The next earnings report is set for 20 October 2026, 21 days away, falling inside a typical 20-trading-day holding window; the last quarter saw EPS of $2.22 against an estimate of $2.33, with a 3% reaction, and the company has beaten estimates in 4 of the last 8 quarters. No insider, Congress, or unusual options activity appears in the recent windows, though one billionaire holder is recorded. Seasonality over the next 20 trading days has averaged -4.2% across 5 years, rising in 1 of them. Consensus among 14 firms shows 10 Buy and 4 Hold ratings, with a consensus target of $92.62.

Written by AI and checked automatically against the figures on this page. Generated Sep 29, 2026 from the data above.

Western Alliance Bancorporation price vs fair value

$85.22$76.55Sep ’25Mar ’26Sep ’26
Close $76.55200-day averageGekko Fair Value $85.22

Western Alliance Bancorporation quick facts

Market cap
$8.36B
P/E ratio
8.6
Forward P/E
6.6
EPS, TTM
$8.86
Revenue, TTM
$3.49B
Profit margin
28.2%
Dividend yield
2.17%
Beta
1.32
Volume
922,610 avg 1.11M
1-year return
−13.3%
Typical daily move
±2.9%
Typical 20-day move
±7.7%
50-day average
$80.18
200-day average
$81.30
Next earnings
Oct 20
Shares outstanding
109.1M
52-week range
$65.82$97.23

Western Alliance Bancorporation swing-trade checklist

Western Alliance Bancorporation scores 2 supportive, 0 mixed and 3 headwinds across the 5 checklist items with data.

Six things swing traders check before a 20-day hold, read from the latest data.

2 supportive0 mixed3 headwinds

  • Trendheadwind

    Below 50 and 200-day

    Close $76.55 is below the 50-day ($80.18) and 200-day ($81.30) averages, and the 50-day is below the 200-day.

    See the chart
  • GekkoIndexsupportive

    63.3, Accumulation

    Reading 63.3 is in the Accumulation zone.

    See the GekkoIndex
  • Fair valuesupportive

    10.2% below

    Price is 10.2% below Gekko Fair Value (more than 5% below).

    See fair value
  • Smart moneyno data

    No data

    No insider, Congress or unusual options activity in the window.

    See smart money
  • Earnings riskheadwind

    Reports in 21 days

    Reports on Oct 20, 2026, 21 days away — inside a typical 20-trading-day hold.

    See earnings
  • Seasonalityheadwind

    −4.2% on average

    From this point in the calendar, the next 20 trading days averaged −4.2% over 5 years, rising in 1 of them.

    See seasonality

A description of current data, not a recommendation. How this page works

Western Alliance Bancorporation stock chart and price history

Western Alliance Bancorporation closed at $76.55 on Sep 28, 2026, −13.3% over the past year, inside a 52-week range of $65.82 to $97.23.

Close50-day average200-day averageVolume
Western Alliance Bancorporation share price, past year, with 50-day and 200-day moving averages and volume$70$80$90NovDecJan 2026FebMarAprMayJunJulAugSep76.55

Use the left and right arrow keys to read daily values.

Performance Breakdown

1 month
−2.7%
3 months
−7.6%
6 months
+12.9%
1 year
−13.3%
The full WAL chart adds GekkoIndex, insider, options, Congress and hedge fund markers, plus TrendCandles™.Open WAL in Gekko

Follow Western Alliance Bancorporation through every session

Put WAL on a Gekko watchlist and see its GekkoIndex, Gekko Fair Value and smart money signals update on the chart as they change.

Track WAL in GekkoFree for 7 days. No credit card required.

Western Alliance Bancorporation GekkoIndex: the smart money zone

Western Alliance Bancorporation’s GekkoIndex — Gekko’s 0 to 100 smart money score — reads 63.3, in the Accumulation zone, up 2.4 points over five sessions.

010063.3Accumulation

Up 2.4 points over five sessions.

Reading for Sep 28, 2026

What followed past readings in each zone

ZoneReadings5 days10 days20 days50 days
Buying27+0.3%+2.3%+4.3%+6.4%
Accumulation (current zone)181+0.7%+1.6%+4.0%+6.1%
Neutral431+0.2%+0.3%+0.2%+1.7%
Distribution31−1.3%−3.9%−3.9%+3.4%
Selling2Too few readings yet

Average WAL share-price change over the trading days after each daily reading in its GekkoIndex history. Across every stock Gekko tracks, Accumulation readings averaged +2.3% over 20 days. Past behaviour doesn’t guarantee future results.

Accumulation zone: Institutional interest building. About the five zones →

See every daily GekkoIndex reading plotted over the WAL price, zone by zone.Track WAL in Gekko

Is Western Alliance Bancorporation stock overvalued? Gekko Fair Value

Western Alliance Bancorporation trades 10.2% below Gekko Fair Value of $85.22, so the shares are undervalued on Gekko’s estimate.

Gekko’s own estimate of what Western Alliance Bancorporation shares are worth, recalculated every trading day.

$85.22

Gekko Fair Value, Sep 26, 2026

10.2% Undervalued

How Gekko Fair Value works →

Gekko Fair Value on every chart, with the gap to price updating daily.Open WAL in Gekko

Western Alliance Bancorporation insider and Congress trading

No open-market insider purchases were filed for Western Alliance Bancorporation, and no Congress trades were disclosed, in the last 90 days.

Plus buybacks, unusual options and fund positions, each dated to when it became public.

Insider buying last 90 days

No open-market insider purchases were filed for WAL in the last 90 days.

From Form 4 filings, dated to when each was filed.

Every WAL insider filing, plotted on the chart in Gekko.Open WAL in Gekko

Congress trades last 90 days

No trades in WAL were disclosed by members of Congress in the last 90 days.

From congressional disclosures, which report amounts as ranges.

Congress disclosures for WAL, plotted on the chart in Gekko.Open WAL in Gekko

Buybacks

Western Alliance Bancorporation has been buying back its own shares.

Bought back, quarter ended Jun 30, 2026
$2.30M
As a share of market cap
0.03%
Trailing four quarters
$120.7M

From company filings.

Hedge funds and billionaires quarter ended Jun 30

1of the funds Gekko tracks holds WAL.

0added0opened1trimmed0sold out
Which funds are on each side, name by name.Unlock in Gekko

Western Alliance Bancorporation earnings: next date and track record

Western Alliance Bancorporation reports on Oct 20, 2026 (21 days away), and beat the EPS estimate in 4 of its last 8 reports.

4 of 8reports beat the EPS estimate
±2.7%average move across the report
3 of 8reports followed by a gain

Share-price move across each report

−6.7%Oct ’24−3.2%Jan ’25−1.5%Apr ’25−1.4%Jul ’25+4.4%Oct ’25+0.3%Jan ’26−1.4%Apr ’26+3.0%Jul ’26

Last earnings call, Jul 21, 2026 AI summary

What they said
Western Alliance Bank Corporation reported a strong second quarter 2026 with broad-based, C&I-driven loan growth, rising net interest income, PPNR expansion, stable net interest margin, and improving credit metrics. Management highlighted execution on Investor Day initiatives including a deposit optimization program (targeting ~$3 billion of higher-cost deposit reductions this year), accelerated share repurchases (planned $150 million in the back half of 2026), and a revised 2026 outlook that reduces loan and deposit growth assumptions to prioritize capital returns while still projecting top-tier growth among peers. Management reaffirmed asset-quality remediation plans (six credits targeted for resolution in H2), maintained full-year net charge-off guidance (25-35 bps), and raised net interest income growth guidance to 12-14% (incorporating an assumed 25 bps Fed hike in September). Management emphasized the bank's strengthened capital and liquidity position (11% CET1 achieved) and noted several initiatives to lower funding costs and diversify lower-cost deposit channels.
Guidance
Updated 2026 outlook: Loan growth revised to $5 billion (from prior higher target); deposit growth lowered to $6 billion; Net Interest Income growth forecast raised to 12%–14% (incorporates assumed 25 bps rate hike in September); NIM expected to remain relatively stable; Targeted deposit optimization ~$3 billion of higher-cost deposit reductions in 2026; Share repurchase program: $150 million planned for H2 2026 (with potential for additional repurchases depending on capital rules/Basel III outcome); Net charge-offs reaffirmed at 25–35 bps for 2026; Fee income guidance: ~13%–17% year-over-year (management expects back-half variability).
Risks flagged
Key risks discussed: unresolved non-performing loans (six credits targeted for H2 resolution; timing risk remains); mortgage-market headwinds and weaker investor demand compressing gain-on-sale margins; potential near-term volatility in deposit balances and cost during the deposit optimization transition (client transition/finesse necessary); sensitivity to future interest-rate moves (assumed 25 bps hike factored into guidance); execution risk on deposit remixing and achieving lower funding costs; macro/geopolitical uncertainty that could weigh on fee income and loan originations.
ReportedEPSSurpriseRevenueSurpriseMove
Jul 21, 2026$2.22
est $2.33
−4.7%$1.00B
est $980.5M
+2.3%+3.0%
Apr 21, 2026$1.25
est $1.36
−8.1%$998.7M
est $958.1M
+4.2%−1.4%
Jan 27, 2026$2.59
est $2.38
+8.8%$980.9M
est $913.4M
+7.4%+0.3%
Oct 21, 2025$2.28
est $2.08
+9.6%$923.2M
est $888.2M
+3.9%+4.4%
Jul 17, 2025$2.07
est $2.02
+2.5%$845.9M
est $838.0M
+0.9%−1.4%
Apr 21, 2025$1.79
est $1.78
+0.6%$778.0M
est $792.4M
−1.8%−1.5%
Jan 27, 2025$1.88
est $1.91
−1.6%$835.6M
est $803.8M
+3.9%−3.2%
Oct 17, 2024$1.70
est $1.89
−10.1%$822.9M
est $808.6M
+1.8%−6.7%

“Move” is the close of the first session after the report compared with the close of the last session before it, so it reads the same whether the company reported before the open or after the close.

Western Alliance Bancorporation stock forecast and analyst price targets

Analysts’ average 12-month price target for Western Alliance Bancorporation is $92.62, +21.0% from the last close, from 14 firms rating the stock in the last 90 days.

$92.62consensus 12-month target, +21.0% from the last close
Low $88High $97
Buy10
Hold4
Sell0

Each firm’s latest rating in the last 90 days: 14 firms.

Latest analyst actions

DateFirmRatingTargetvs price
Sep 22Raymond JamesBuy, initiated$90+17.6%
Sep 22CitiBuy, maintained$95+24.1%
Sep 17BarclaysBuy, maintained$88+15.0%
Aug 10Wells FargoHold, reiterated$90+17.6%
Jul 31J.P. MorganHold, maintained——
+4.0%average 20-day move after past Accumulation readings
−4.2%average move over the next 20 trading days in the last 5 years
±2.9%typical daily move, from the 14-day average range

Gekko doesn’t publish price predictions. These are analyst targets and historical base rates, which don’t guarantee future results.

Western Alliance Bancorporation seasonality: the next 20 trading days

Over the next 20 trading days from Sep 29, Western Alliance Bancorporation averaged −4.2% across the last 5 years, rising in 1 of them.

Next 20 trading days, by year

+5.1%2021−0.4%2022−12.8%2023−2.0%2024−8.9%2025

Average move and hit rate

WindowAverageYears higher
Next 5 trading days−0.7%2 of 5
Next 10 trading days−1.5%2 of 5
Next 15 trading days−4.4%1 of 5
Next 20 trading days−4.2%1 of 5
Next 30 trading days+3.3%3 of 5

For scale, WAL’s typical 20-trading-day move in either direction is about 7.7%.

Western Alliance Bancorporation market cap and key statistics

Western Alliance Bancorporation’s market cap is $8.36B, with a P/E ratio of 8.6 and revenue of $3.49B over the last twelve months.

Valuation

Market cap
$8.36B
P/E ratio
8.6
Forward P/E
6.6
EPS, TTM
$8.86
Gekko Fair Value
$85.22

Trading

Volume
922,610
Avg volume, 20 days
1.11M
52-week high
$97.23
52-week low
$65.82
Shares outstanding
109.1M

Financials

Revenue, TTM
$3.49B
Profit margin
28.2%
Return on equity
13%
Quarterly earnings growth, YoY
+14.0%

Risk and income

Beta
1.32
Typical daily move
±2.9%
Typical 20-day move
±7.7%
Dividend yield
2.17%

Western Alliance Bancorporation stock news this week

Coverage of Western Alliance Bancorporation this week reads neutral: 1 positive, 2 neutral and 0 negative headlines.

News sentiment neutral

Western Alliance Bancorporation peers

Western Alliance Bancorporation’s 6 largest industry peers by market value, with today’s move, GekkoIndex zone and gap to Gekko Fair Value.

StockTodayGekkoIndex zonevs Fair Value
CMCanadian Imperial Bank of Commerce−0.2%Accumulation4.8% below
USBU.S. Bancorp−0.6%Accumulation10.6% below
NUNu−2.4%Buying24.1% below
TFCTruist Financial−1.0%Buying10.3% below
FITBFifth Third Bancorp−0.5%Accumulation11.5% below
MTBM&T Bank−0.3%Accumulation11.2% below

A peer links to its own page where one exists.

In the Buying zone today

Reporting earnings this week

Popular on Gekko

Western Alliance Bancorporation stock FAQ

What is Western Alliance Bancorporation’s market cap?

Western Alliance Bancorporation’s market cap is $8.36B at the Sep 28, 2026 close of $76.55, with 109.1M shares outstanding. The shares trade on a P/E ratio of 8.6.

What is the Western Alliance Bancorporation stock forecast?

The consensus analyst 12-month price target for Western Alliance Bancorporation is $92.62, +21.0% from the last close. Of the 14 firms that rated the stock in the last 90 days, 10 rate it a buy, 4 a hold and 0 a sell. Gekko doesn’t publish price predictions of its own.

Is Western Alliance Bancorporation stock overvalued or undervalued?

On Gekko’s estimate Western Alliance Bancorporation is undervalued: the Sep 28, 2026 close of $76.55 is 10.2% below Gekko Fair Value of $85.22. Gekko Fair Value is recalculated every trading day, and a gap inside 5% either way counts as about fair value.

When does Western Alliance Bancorporation report earnings next?

Western Alliance Bancorporation is expected to report on Oct 20, 2026 (21 days away). Analysts expect earnings of $2.43 per share on revenue of $985.2M. Western Alliance Bancorporation beat the earnings estimate in 4 of its last 8 reports, moving 2.7% on average across the report.

What is Western Alliance Bancorporation’s 52-week high and low?

Western Alliance Bancorporation’s 52-week high is $97.23 and its 52-week low is $65.82; it closed at $76.55 on Sep 28, 2026, −13.3% over the past year. Over the last five years the shares peaked at $124.93 on Jan 12, 2022.

Is Western Alliance Bancorporation stock a buy right now?

Gekko describes the data; it does not make buy or sell recommendations. On the swing-trade checklist, 2 of the 5 items with data read as supportive (gekkoindex and fair value) and 3 as headwinds (trend, earnings risk and seasonality). The checklist is a description of current data, not a recommendation.

How this page works

During US trading hours the price at the top of the page is a delayed quote, refreshed every 15 minutes; everything else is rebuilt after each US market close. The GekkoIndex, Gekko Fair Value and the checklist are Gekko’s own, and the Gekko Brief is written by AI from this page’s data and checked against it before it is published. How Gekko’s data works →

See Western Alliance Bancorporation the way Gekko members do

Every GekkoIndex reading, insider trade, options bet and Congress disclosure plotted on the chart, plus the 5,800-name screener and trade planning tools.

Join 1,380 other traders using Gekko

Start Your FREE 7 Day Trial → Every feature unlocked. No credit card required.