Brookfield Asset Management stock fell 2.35 percent on October 7

Published on 10/07/2026 at 16:58 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Bank of America cut its BAM target from USD 61 to USD 60 on October 5, 2026. Q2 recast fee revenues reached USD 1,587 million versus USD 1,494 million.

BAM, CA1130041058, Illustration mit AI erstellt.

Brookfield Asset Management stock (ISIN CA1130041058) was last at USD 44.15 on the NYSE on October 7, 2026, down 2.35 percent at 10:57 a.m. ET. The move leaves the shares above the USD 42.20 52-week low and well below the USD 59.33 high, putting the latest market focus on valuation and the next earnings update.

Analysts cut targets as shares weaken

According to MarketBeat on October 5, 2026, Bank of America cut its Brookfield Asset Management price target from USD 61 to USD 60 and kept a Neutral rating. The published analyst consensus was Hold across 15 analysts, with an average target of USD 57.57, which stands 30.4 percent above the USD 44.15 share price.

The target dispersion matters for investors. MarketBeat cited targets from USD 59 to USD 70, while the latest quote remains close to the lower end of BAM's 52-week span. The combination points to a market weighing the company's fee growth against the valuation required for a recovery.

Q2 fee figures get a new presentation

Brookfield Asset Management's September 28, 2026 filing changes how selected fee revenues and fee-bearing capital are presented from Q3 2026 onward. The filing says the change is presentational and does not alter previously reported fee-related earnings or distributable earnings, according to the SEC.

The recast Q2 2026 tables show fee revenues of USD 1,587 million under the new presentation versus USD 1,494 million under the prior presentation. Fee-related earnings remained USD 808 million and distributable earnings USD 707 million for the quarter ended June 30, 2026, as reported by StockTitan.

Next results are due November 6

The same SEC filing states that BAM expects to release results for the quarter ending September 30, 2026, on November 6, 2026. That date gives the market a defined checkpoint for judging whether the revised presentation improves visibility into partner-manager revenue and credit-related fee growth.

Brookfield Asset Management's market capitalization was USD 70.5 billion on October 7, 2026, with volume of 631,270 shares. The stock was last at USD 44.15 on the NYSE at 10:57 a.m. ET, down 2.35 percent for the session.