Alexandria Real Estate Equities, Inc. (ARE)
NYSE: ARE · IEX Real-Time Price · USD
125.21
-1.11 (-0.88%)
Jul 19, 2024, 4:00 PM EDT - Market closed
ARE Stock Forecast
Stock Price Forecast
The 8 analysts with 12-month price forecasts for ARE stock have an average target of 136.88, with a low estimate of 108 and a high estimate of 154. The average target predicts an increase of 9.32% from the current stock price of 125.21.
Analyst Consensus: Strong Buy
Analyst Ratings
The average analyst rating for ARE stock from 8 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
| Rating | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 | Jul '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 4 | 4 | 4 | 4 | 4 | 3 |
| Buy | 7 | 7 | 5 | 5 | 5 | 4 |
| Hold | 1 | 1 | 1 | 1 | 1 | 1 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 12 | 12 | 10 | 10 | 10 | 8 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Evercore ISI Group | Evercore ISI Group | Buy Maintains $132 → $133 | Buy | Maintains | $132 → $133 | +6.22% | Jul 16, 2024 |
| Evercore ISI Group | Evercore ISI Group | Buy Maintains $137 → $132 | Buy | Maintains | $137 → $132 | +5.42% | Apr 25, 2024 |
| Wedbush | Wedbush | Buy Reiterates $140 | Buy | Reiterates | $140 | +11.81% | Apr 24, 2024 |
| Wedbush | Wedbush | Buy Reiterates $140 | Buy | Reiterates | $140 | +11.81% | Jan 31, 2024 |
| JMP Securities | JMP Securities | Buy Reiterates $140 | Buy | Reiterates | $140 | +11.81% | Jan 31, 2024 |
Financial Forecast
Revenue This Year
3.17B
from 2.89B
Increased by 9.75%
Revenue Next Year
3.32B
from 3.17B
Increased by 4.96%
EPS This Year
3.41
from 0.54
Increased by 532.19%
EPS Next Year
3.58
from 3.41
Increased by 4.81%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 3.4B | 3.6B | 3.7B | 4.1B |
| Avg | 3.2B | 3.3B | 3.5B | 3.8B |
| Low | 3.0B | 3.0B | 3.2B | 3.6B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 18.2% | 13.9% | 10.8% | 18.0% |
| Avg | 9.7% | 5.0% | 4.0% | 10.7% |
| Low | 2.8% | -4.8% | -2.5% | 4.7% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 3.93 | 4.15 | 4.57 |
| Avg | 3.41 | 3.58 | 3.72 |
| Low | 2.46 | 2.58 | 2.80 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 627.2% | 21.5% | 27.7% |
| Avg | 532.2% | 4.8% | 4.1% |
| Low | 355.5% | -24.5% | -21.7% |
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.