Avoid the stress of overpaying for a stock or missing an opportunity by using the right tools and insights to evaluate Western Alliance Bancorporation before investing.

In this article, we go over a few key elements for understanding Western Alliance Bancorporation’s stock price such as:

• Western Alliance Bancorporation’s current stock price and volume
• Why Western Alliance Bancorporation’s stock price changed recently
• Upgrades and downgrades for WAL from analysts
• WAL’s stock price momentum as measured by its relative strength

About Western Alliance Bancorporation (WAL)

Before we jump into Western Alliance Bancorporation’s stock price, history, target price and what caused it to recently dip, let’s take a look at some background.

Western Alliance Bancorporation operates as the bank holding company for Western Alliance Bank that provides various banking products and related services primarily in Arizona, California, and Nevada. It operates through Commercial and Consumer Related segments. The company offers deposit products, including demand deposit, checking, savings, and money market accounts, as well as fixed-rate and fixed maturity certificates of deposit accounts; treasury management products and services to small and middle-market businesses, specialized banking services to sophisticated commercial institutions and investors; and residential mortgage products and services. It also provides commercial and industrial loan products, such as working capital lines of credit, loans to technology companies, inventory and accounts receivable lines, mortgage warehouse lines, equipment loans and leases, and other commercial loans; commercial real estate loans, which are secured by multifamily residential properties, professional offices, industrial facilities, retail centers, hotels, and other commercial properties; construction and land development loans for single family and multifamily residential projects, industrial/warehouse properties, office buildings, retail centers, medical office facilities, and residential lot developments; and consumer loans. In addition, the company offers other financial services, such as internet banking, wire transfers, electronic bill payment and presentment, funds transfer and other digital payment offerings, lock box services, courier, and cash management services. Further, the company holds certain investment securities, municipal and non-profit loans, and leases; invests primarily in low-income housing tax credits and small business investment corporations; and certain real estate loans and related securities. Western Alliance Bancorporation was founded in 1994 and is headquartered in Phoenix, Arizona.

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Western Alliance Bancorporation’s Stock Price as of Market Close

As of May 08, 2026, 11:33 AM, CST, Western Alliance Bancorporation’s stock price was $81.535.

Western Alliance Bancorporation is down 0.94% from its previous closing price of $82.310.

During the last market session, Western Alliance Bancorporation’s stock traded between $81.400 and $82.940. Currently, there are approximately 108.40 million shares outstanding for Western Alliance Bancorporation.

Western Alliance Bancorporation’s price-earnings (P/E) ratio is currently at 9.4, which is low compared to the Banks industry median of 12.3. The price-earnings ratio gauges market expectation of future performance by relating a stock’s current share price to its earnings per share.

Western Alliance Bancorporation Stock Price History

Western Alliance Bancorporation’s (WAL) price is currently down 0.01% so far this month.

During the month of May, Western Alliance Bancorporation’s stock price has reached a high of $84.500 and a low of $79.550.

Over the last year, Western Alliance Bancorporation has hit prices as high as $97.230 and as low as $65.815. Year to date, Western Alliance Bancorporation’s stock is down 3.02%.

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What Caused Western Alliance Bancorporation Stock’s Price to Dip?

Stock prices are primarily based on seller supply and buyer demand. But have you ever wondered about what other factors affect a stock's price?

When an analyst changes their opinion of a stock by upgrading or downgrading their rating, it often leads to a sudden stock price adjustment. As of May 07, 2026, there was 1 analyst who downgraded Western Alliance Bancorporation’s stock and 2 analysts who upgraded over the last month.

Additionally, you'll want to evaluate Western Alliance Bancorporation’s financial health and valuation. Investors can use AAII's Value Grade, which combines six key valuation metrics like P/E and P/S ratios for a comprehensive analysis to conduct analysis on Western Alliance Bancorporation’s valuation and financial health. This approach mitigates the limitations of single-metric evaluations.

Western Alliance Bancorporation’s current valuation based on AAII’s Value Grade is a B, which means it is considered to be Value.

Learn how to evaluate stocks with AAII Grades and Scores with A+ Investor today.

Lastly, news and media coverage as well as recent press reports about the company or its industry may cause stock prices to fluctuate. You can check out the most recent news articles about Western Alliance Bancorporation (WAL) by visiting AAII Stock Evaluator.

Relative Price Strength of Western Alliance Bancorporation

Relative price strength measures a stock's performance against the market, helping investors identify stocks that are outperforming benchmarks.

For AAII’s Momentum Grade, a weighted relative price strength is calculated. Follow this link to learn more about the Momentum Grade.

As of May 07, 2026, Western Alliance Bancorporation has a weighted four-quarter relative price strength of -5.31%, which translates to a Momentum Score of 39 and is considered to be Weak.

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Western Alliance Bancorporation Stock Price: Bottom Line

As of May 8, 2026, Western Alliance Bancorporation’s stock price is $81.535, which is down 0.94% from its previous closing price.

AAII advises against making stock decisions based solely on price or past returns. Instead, consider a variety of metrics, fundamentals, and analytics to evaluate a stock like Western Alliance Bancorporation stock prices are influenced by market supply and demand and offer just a snapshot of a company's overall health.

Subscribing to AAII's A+ Investor provides access to comprehensive analytics and insights for confident investing.