ARE Stock Forecast

Stock Price Forecast

The 10 analysts with 12-month price forecasts for ARE stock have an average target of 130.1, with a low estimate of 120 and a high estimate of 154. The average target predicts an increase of 20.13% from the current stock price of 108.30.

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$120	$130.1	$127	$154
Change	+10.80%	+20.13%	+17.27%	+42.20%

Analyst Ratings

The average analyst rating for ARE stock from 10 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	Jun '24	Jul '24	Aug '24	Sep '24	Oct '24	Nov '24
Strong Buy	4	2	2	2	2	2
Buy	5	2	2	2	1	2
Hold	1	4	5	6	6	6
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	10	8	9	10	9	10

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Aaron Hecht JMP Securities	JMP Securities	Buy Maintains $140 → $130	Buy	Maintains	$140 → $130	+20.04%	Nov 15, 2024
David Rodgers Baird	Baird	Buy Maintains $137 → $130	Buy	Maintains	$137 → $130	+20.04%	Nov 8, 2024
Michael Carroll RBC Capital	RBC Capital	Buy → Hold Downgrades $130 → $125	Buy → Hold	Downgrades	$130 → $125	+15.42%	Oct 25, 2024
Michael Carroll RBC Capital	RBC Capital	Buy → Hold Downgrades $130 → $125	Buy → Hold	Downgrades	$130 → $125	+15.42%	Oct 24, 2024
Richard Anderson Wedbush	Wedbush	Hold Maintains $130 → $120	Hold	Maintains	$130 → $120	+10.80%	Oct 23, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

3.09B

Revenue Next Year

3.20B

from 3.09B

3.39%

from 3.09B

EPS This Year

3.07

from 0.54

468.97%

from 0.54

EPS Next Year

3.47

from 3.07

13.02%

from 3.07

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	-	-	-	-	-	3.09B	3.20B	3.34B
Revenue Growth	15.46%	22.86%	12.28%	21.78%	11.47%	-	3.39%	4.53%
EPS	3.12	6.01	3.82	3.18	0.54	3.07	3.47	3.66
EPS Growth	-11.36%	92.63%	-36.44%	-16.88%	-82.99%	468.97%	13.02%	5.49%
Forward PE	-	-	-	-	-	35.25	31.19	29.57
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	3.5B	3.5B
Avg	3.1B	3.2B	3.3B
Low	2.9B	3.0B	3.2B

Revenue Growth

Revenue Growth	2024	2025	2026
High	-	12.3%	9.8%
Avg	-	3.4%	4.5%
Low	-	-1.9%	-0.4%

EPS Forecast

EPS	2024	2025	2026
High	3.23	3.95	3.89
Avg	3.07	3.47	3.66
Low	2.95	3.16	3.43

EPS Growth

EPS Growth	2024	2025	2026
High	498.9%	28.5%	11.9%
Avg	469.0%	13.0%	5.5%
Low	446.3%	2.7%	-1.2%

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.