ARE Stock Forecast

Stock Price Forecast

The 11 analysts with 12-month price forecasts for ARE stock have an average target of 127.36, with a low estimate of 110 and a high estimate of 154. The average target predicts an increase of 28.74% from the current stock price of 98.93.

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$110	$127.36	$126	$154
Change	+11.19%	+28.74%	+27.36%	+55.66%

Analyst Ratings

The average analyst rating for ARE stock from 11 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating	Jul '24	Aug '24	Sep '24	Oct '24	Nov '24	Dec '24
Strong Buy	2	2	2	2	2	2
Buy	2	2	2	1	2	2
Hold	4	5	6	6	7	7
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	8	9	10	9	11	11

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Michael Carroll RBC Capital	RBC Capital	Hold Maintains $125 → $114	Hold	Maintains	$125 → $114	+15.23%	Dec 17, 2024
Richard Anderson Wedbush	Wedbush	Hold Maintains $120 → $110	Hold	Maintains	$120 → $110	+11.19%	Dec 6, 2024
Anthony Paolone JP Morgan	JP Morgan	Buy → Hold Downgrades $133 → $121	Buy → Hold	Downgrades	$133 → $121	+22.31%	Nov 27, 2024
Aaron Hecht JMP Securities	JMP Securities	Buy Maintains $140 → $130	Buy	Maintains	$140 → $130	+31.41%	Nov 15, 2024
David Rodgers Baird	Baird	Buy Maintains $137 → $130	Buy	Maintains	$137 → $130	+31.41%	Nov 8, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

3.13B

Revenue Next Year

3.13B

from 3.13B

0.13%

from 3.13B

EPS This Year

3.12

from 0.54

478.69%

from 0.54

EPS Next Year

3.34

from 3.12

6.85%

from 3.12

Fiscal Year	FY 2019	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Dec 31, 2019	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026
Revenue	-	-	-	-	-	3.13B	3.13B	3.20B
Revenue Growth	15.46%	22.86%	12.28%	21.78%	11.47%	-	0.13%	2.24%
EPS	3.12	6.01	3.82	3.18	0.54	3.12	3.34	3.37
EPS Growth	-11.36%	92.63%	-36.44%	-16.88%	-82.99%	478.69%	6.85%	1.03%
Forward PE	-	-	-	-	-	31.66	29.63	29.33
No. Analysts	-	-	-	-	-	6	6	4

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2024	2025	2026
High	3.3B	3.4B	3.5B
Avg	3.1B	3.1B	3.2B
Low	3.0B	2.9B	3.0B

Revenue Growth

Revenue Growth	2024	2025	2026
High	-	7.2%	12.3%
Avg	-	0.1%	2.2%
Low	-	-6.7%	-5.2%

EPS Forecast

EPS	2024	2025	2026
High	3.39	4.25	3.78
Avg	3.12	3.34	3.37
Low	2.98	2.54	2.89

EPS Growth

EPS Growth	2024	2025	2026
High	528.1%	36.1%	13.2%
Avg	478.7%	6.9%	1.0%
Low	451.7%	-18.8%	-13.4%

Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.