Alexandria Real Estate Equities, Inc. (ARE)
NYSE: ARE · IEX Real-Time Price · USD
128.91
+1.23 (0.96%)
Mar 28, 2024, 4:00 PM EDT - Market closed
ARE Stock Forecast
Stock Price Forecast
The 10 analysts with 12-month price forecasts for ARE stock have an average target of 141.8, with a low estimate of 108 and a high estimate of 166. The average target predicts an increase of 10.00% from the current stock price of 128.91.
Analyst Consensus: Strong Buy
* Price targets were last updated on Jan 31, 2024.
Analyst Ratings
The average analyst rating for ARE stock from 10 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 | Oct '23 | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 |
---|---|---|---|---|---|---|
Strong Buy | 3 | 3 | 3 | 4 | 4 | 4 |
Buy | 7 | 7 | 7 | 7 | 7 | 5 |
Hold | 1 | 1 | 1 | 1 | 1 | 1 |
Sell | 0 | 0 | 0 | 0 | 0 | 0 |
Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
Total | 11 | 11 | 11 | 12 | 12 | 10 |
Latest Forecasts
Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
---|---|---|---|---|---|---|---|
Wedbush | Wedbush | Buy Reiterates $140 | Buy | Reiterates | $140 | +8.60% | Jan 31, 2024 |
JMP Securities | JMP Securities | Buy Reiterates $140 | Buy | Reiterates | $140 | +8.60% | Jan 31, 2024 |
Deutsche Bank | Deutsche Bank | Strong Buy Initiates $140 | Strong Buy | Initiates | $140 | +8.60% | Jan 30, 2024 |
Mizuho | Mizuho | Strong Buy Maintains $145 → $154 | Strong Buy | Maintains | $145 → $154 | +19.46% | Jan 3, 2024 |
JMP Securities | JMP Securities | Buy Maintains $160 → $140 | Buy | Maintains | $160 → $140 | +8.60% | Dec 1, 2023 |
Financial Forecast
Revenue This Year
3.12B
from 2.89B
Increased by 8.22%
Revenue Next Year
3.31B
from 3.12B
Increased by 6.02%
EPS This Year
3.27
from 0.54
Increased by 505.38%
EPS Next Year
3.45
from 3.27
Increased by 5.66%
Revenue Forecast
Revenue | 2024 | 2025 | 2026 |
---|---|---|---|
High | 3.4B | 3.7B | 3.8B |
Avg | 3.1B | 3.3B | 3.6B |
Low | 2.9B | 3.0B | 3.4B |
Revenue Growth
Revenue Growth | 2024 | 2025 | 2026 |
---|---|---|---|
High | 18.2% | 17.0% | 13.8% |
Avg | 8.2% | 6.0% | 8.2% |
Low | 0.4% | -5.1% | 3.8% |
EPS Forecast
EPS | 2024 | 2025 | 2026 |
---|---|---|---|
High | 3.79 | 4.24 | 5.01 |
Avg | 3.27 | 3.45 | 3.85 |
Low | 2.46 | 2.58 | 2.80 |
EPS Growth
EPS Growth | 2024 | 2025 | 2026 |
---|---|---|---|
High | 601.9% | 29.8% | 45.0% |
Avg | 505.4% | 5.7% | 11.5% |
Low | 355.5% | -21.2% | -18.9% |
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.