Blue Owl Capital ( (OWL) ) is experiencing volatility. Read on for a possible explanation for the stock’s unusual movement.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Blue Owl Capital’s stock movement has been influenced by the announcement of a major expansion in its AI data center project in Texas, in collaboration with Crusoe and Primary Digital Infrastructure. This expansion is anticipated to significantly boost the company’s growth prospects. Additionally, the stock has been positively impacted by upgrades from Keefe Bruyette and Wells Fargo, who have both raised their price targets due to a clearer earnings growth path and strong Q1 2025 growth. These factors have collectively contributed to the recent optimism surrounding Blue Owl’s stock performance.
More about Blue Owl Capital
YTD Price Performance: -16.56%
Average Trading Volume: 9,205,880
Technical Sentiment Signal: Buy
Current Market Cap: $29.93B
For further insights into OWL stock on TipRanks’ Stock Analysis page.
See more of today’s top stock gainers and losers.