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Western Alliance Bancorporation (WAL) Stock Analysis

Recovery setup

SellModerate Confidence

Financial Services · Banks - Regional

Sell if holding. Analyst target reached at $81.69 — A.R:R is negative (-0.1) — price has exceeded the analyst target. Reward from here is too thin for a buy — the engine flags exit. Additional concerns: Concentration risk — Geographic: Arizona, California, and Nevada.

Western Alliance Bancorporation is a Phoenix-based bank holding company with $92.7B total assets, operating through Western Alliance Bank with commercial, consumer, and mortgage banking (AmeriHome) capabilities across 20+ states. Revenue is primarily net interest income, with... Read more

$81.69-0.8% A.UpsideScore 6.0/10#56 of 142 Banks - Regional
Stop $76.44Target $80.36(resistance)A.R:R -0.1:1
Analyst target$89.20+9.2%15 analysts
$80.36our TP
$81.69price
$89.20mean
$79
$100

Sell if holding. Analyst target reached at $81.69 — A.R:R is negative (-0.1) — price has exceeded the analyst target. Reward from here is too thin for a buy — the engine flags exit. Additional concerns: Concentration risk — Geographic: Arizona, California, and Nevada. Chart setup: Death cross but MACD improving, RSI 67. Score 6.0/10, moderate confidence.

Passes 5/8 gates (clean insider activity, no SEC red flags, news boost analyst 0.50, earnings proximity 77d clear, semi cycle peak clear). Fails on weak momentum and favorable risk/reward ratio and death cross (50MA < 200MA). Suitability: aggressive.

Thesis

Rewards
Attractive valuation
Margin of safety: 38%
Recent Analyst detected in news
Risks
Concentration risk — Geographic: Arizona, California, and Nevada
Analyst target reached - limited upside remaining
Consecutive earnings misses (2)

Key Metrics

P/E (TTM)9.3
P/E (Fwd)6.9
Mkt Cap$8.7B
EV/EBITDA
Profit Mgn28.2%
ROE13.0%
Rev Growth7.9%
Beta1.37
Dividend2.11%
Rating analysts19

Quality Signals

Piotroski F7/9

Options Flow

P/C0.34bullish
IV50%elevated
Max Pain$40-51.0% vs spot

Concentration Risks(10-K Item 1A)

  • HIGHGeographicArizona, California, and Nevada
    10-K Item 1A: 'Our commercial and industrial, CRE, and construction and land development loans, are also largely concentrated in select markets in Arizona, California, and Nevada'

Material Events(8-K, last 90d)

  • 2026-03-06Item 2.06MEDIUM
    Western Alliance Bank disclosed on March 2, 2026 that counterparty to a $126.4M commercial loan facility defaulted on a $42.125M required payment. Non-cash impairment of $126.4M to be recognized in Q1 2026. Bank pursuing all legal rights and remedies.
    SEC filing →

Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results. Full disclaimer

Rating Breakdown

1 floor-breaker

Technicals below the gate floor. Component breakdown shows what dragged the score down.static

Support Resistance
0.8
Bollinger
1.9
52w Position
6.7
GatesMomentum 4.2<4.5A.R:R -0.1=NEGATIVEDeath cross (50MA < 200MA)Insider activity: OKNo SEC red flagsNEWS BOOST ANALYST 0.50EARNINGS PROXIMITY 77d clearSEMI CYCLE PEAK CLEARRecoverySuitability: Aggressive
RSI
67 · Neutral
20D MA 50D MA 200D MADEATH CROSSSupport $70.16Resistance $82.00

Price Targets

$76
$80
A.Upside-1.6%
A.R:R-0.1:1

Position Sizing

ConvictionNone
Suggested %0.5%
Max %1%
RegimeSteady

Risk Alerts

! Target reached (-0.9% upside)
! NEWS_MOD=-1: HOLD_IF_HOLDING → SELL_IF_HOLDING
! Momentum score 4.2/10 — below 4.5 minimum

Earnings

B
B
M
M
2/4 beats
Next Earnings2026-07-16 (77d)

Verdict History

reverse chrono — latest first
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Verdicts are recorded on every nightly pipeline run. Rows capture transitions (verdict flips, score deltas ≥0.3, entry/TP/SL changes). Rows with a ▶ can be expanded to see the change reason. Aggregate cohort performance is tracked in the recommendation ledger.
Frequently Asked Questions
Is WAL stock a buy right now?

Sell if holding. Analyst target reached at $81.69 — A.R:R is negative (-0.1) — price has exceeded the analyst target. Reward from here is too thin for a buy — the engine flags exit. Additional concerns: Concentration risk — Geographic: Arizona, California, and Nevada. Chart setup: Death cross but MACD improving, RSI 67. Prior stop was $76.44. Score 6.0/10, moderate confidence.

What is the WAL stock price target?

Take-profit target: $80.36 (-0.8% upside). Prior stop was $76.44. Stop-loss: $76.44.

What are the risks of investing in WAL?

Concentration risk — Geographic: Arizona, California, and Nevada; Analyst target reached - limited upside remaining; Consecutive earnings misses (2).

Is WAL overvalued or undervalued?

Western Alliance Bancorporation trades at a P/E of 9.3 (forward 6.9). TrendMatrix value score: 8.3/10. Verdict: Sell.

What do analysts say about WAL?

19 analysts cover WAL with a consensus score of 4.0/5. Average price target: $89.

What does Western Alliance Bancorporation do?Western Alliance Bancorporation is a Phoenix-based bank holding company with $92.7B total assets, operating through...

Western Alliance Bancorporation is a Phoenix-based bank holding company with $92.7B total assets, operating through Western Alliance Bank with commercial, consumer, and mortgage banking (AmeriHome) capabilities across 20+ states. Revenue is primarily net interest income, with lending concentrated in Arizona, California, and Nevada commercial and real estate loans.

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