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CG · NASDAQ · STOCK

Carlyle Group (CG) Stock Analysis

Financial Services Updated August 23, 2026
$49.38
52W $39.60 – $69.85
48/100
$17.77B
48.8
1.82
AI Committee Verdict
Watch
48/100
Conviction: Contested · 50% agreement · 6 analysts
+9.0%
-1.6%
5.81:1
Contested

Is CG Bullish or Bearish?

Mixed. Innellis AI committee rates Carlyle Group Inc. (CG) Watch with a composite score of 48/100 , based on 6 analysts with 50% agreement. Last updated August 23, 2026.

What Would Change This View

Upgrade to Buy
Requires a committee score of 60.0 — +12.22 from today. Applies on the first day at or above the line; upgrades are never dampened.
Downgrade to Reduce
Requires the score to fall below 40.0 — -7.78 from today. The band boundary is 45.0, but a one-step downgrade must clear a further margin first. A score oscillating around the line should not change the rating every night.

Executive Summary

The committee is genuinely divided. Macro Analyst sees a compelling case. Risk Analyst remains cautious — high leverage (debt-to-equity 2.33) amplifies downside in a stress scenario. This disagreement is itself the signal — the setup is not clean in either direction.

Bull & Bear Case

Bull Case
  • Dividend yield of 4.3% pays you to wait — Value
  • Quarter-over-quarter growth rate is ACCELERATING, not just positive — Growth
Bear Case
  • P/E of 33.5 is moderate-to-rich — Value
  • Debt-to-equity of 2.33 adds balance-sheet risk to the value case — Value
  • Revenue declining -28.9% YoY -- this is not a growth story right now — Growth
  • EPS declining -50.6% YoY despite any revenue growth — Growth
  • MACD histogram negative -- bearish momentum — Technical
  • High leverage (debt-to-equity 2.33) amplifies downside in a stress scenario — Risk
Both cases are generated from quantitative data signals, not qualitative or forward-looking judgement. They summarise what the numbers say today.
Price History (6M)

AI Investment Committee

Committee Consensus As of August 23, 2026
Overall Committee Score
48/100
Agreement
50%
Analysts
6
Conviction
Contested
Sector Rank
Top 96%
of 211 Financial Services peers
Value Analyst neutral
43 / 100 · Moderate confidence
Fair value -- neither a bargain nor obviously overpriced
+ Dividend yield of 4.3% pays you to wait
− P/E of 33.5 is moderate-to-rich
Growth Analyst bearish
40 / 100 · High confidence
Growth story is weak, decelerating, or inconsistent
+ Quarter-over-quarter growth rate is ACCELERATING, not just positive
− Revenue declining -28.9% YoY -- this is not a growth story right now
Technical Analyst neutral
48 / 100 · High confidence
Mixed or range-bound price action
− MACD histogram negative -- bearish momentum
Risk Analyst bearish
32 / 100 · Moderate confidence
Elevated risk from leverage, volatility, event exposure, or portfolio concentration -- size accordingly
− High leverage (debt-to-equity 2.33) amplifies downside in a stress scenario
Macro Analyst bullish
65 / 100 · Low confidence
Macro backdrop is supportive of risk assets generally, and this name's beta works in its favor
News Analyst neutral
58 / 100 · Low confidence
News flow is mixed or quiet -- no strong signal either way right now
Portfolio Manager neutral
45 / 100 · High confidence
Portfolio-level factors are mixed -- worth a deliberate sizing decision, not a default-size position
+ Portfolio position concentration is currently healthy
− Sector concentration is already high (HHI 3069.37)
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Investment Thesis Evolution

Committee score moved marginally from 47.8 to 47.8.

Comparing 2026-08-22 to 2026-08-23 (1 day apart).

Technical Analysis

RSI (14)
56.1
Neutral
MACD Histogram
-0.081
Bearish Momentum
Trend Direction
Sideways
Weekly: Uptrend
Market Structure
Mixed
Support
$48.62
Resistance
$53.83
Bollinger %B
0.68
Inside Bands
Price vs Moving Averages
EMA 9
$48.79 Above
EMA 21
$48.00 Above
EMA 50
$46.97 Above
EMA 200
$49.62 Below

Fundamental Analysis

Valuation
62
Growth
64
Profitability
61
Financial Health
13
Cash Flow
15
Valuation
P/E Ratio 48.8×
P/B Ratio 2.45×
PEG Ratio -0.68
Dividend Yield 2.84%
52W High $69.85
52W Low $39.60
Quality & Growth
ROE 1403.6%
ROA 277.8%
Gross Margin 7066.9%
Operating Margin 1911.3%
Revenue Growth YoY
Debt / Equity 1.98
AI Fundamental Assessment
P/E ratio of 48.8 (rich relative to a 15-40x range); Price-to-book of 2.4x; PEG ratio of -0.7 (under 1.0 suggests growth is undervalued relative to price); Return on equity of 14.0%; Return on assets of 2.8%; Net margin of 9.2%; Gross margin of 70.7%; Current ratio of 0.61 (tight short-term liquidity); Debt-to-equity of 1.98; Free cash flow per share is negative (-5.58); Most recent quarter beat estimates by 13.5%; EPS growth accelerating (-11.9% -> +20.2% QoQ); Average YoY EPS growth of 17.6%; Analyst estimates falling over recent quarters
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