UBS Reiterates Neutral Rating on Blue Owl Capital (OWL)

UBS analyst Michael Brown reiterated a Neutral rating and $9.50 price target on Blue Owl Capital (NYSE: OWL).

The analyst commented, "Our bull-bear analysis for OWL indicates upside skew, but probability does not favor it given uncertainty around the reacceleration of BDC/private credit growth. In our view, the bear points continue to outnumber & outweigh the bull points. Thus, we expect shares to remain range-bound. Turning constructive requires confidence in a sustainable low-to-mid-teens FRE CAGR—a hurdle that may be tough to clear through 2028. After a ~63% drawdown from the peak, OWL screens optically cheap (9.9x/9.4x multiple on UBSe/VA Cons. '27 DE/sh) but the market is questioning durability and the right growth profile over the coming years. Pressure on the stock has eased somewhat in recent weeks, and we've noticed a modest uptick in interest in the stock, though with low conviction."

For an analyst ratings summary and ratings history on Blue Owl Capital click here. For more ratings news on Blue Owl Capital click here.

Shares of Blue Owl Capital closed at $9.47 yesterday.

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