ARE Stock Forecast

Stock Price Forecast

According to 16 analysts polled by S&P Global, ARE stock has a consensus rating of "Hold" and an average price target of $51. The average 1-year stock price forecast is 7.37% higher than the current stock price, while the lowest is $42 (-11.58%) and the highest is $60 (+26.32%).

Price Target: $51 (+7.37%)

Analyst Consensus: Hold

Target	Low	Average	Median	High
Price	$42	$51	$52	$60
Change	-11.58%	+7.37%	+9.47%	+26.32%

Analyst Ratings

The average analyst rating for ARE stock is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.

Recommendation Trends

Rating	Feb '26	Mar '26	Apr '26	May '26	Jun '26	Jul '26
Strong Buy	4	3	3	2	2	2
Buy	0	0	0	0	0	0
Hold	11	12	12	13	12	12
Sell	1	1	1	1	1	1
Strong Sell	0	0	0	0	1	1
Total	16	16	16	16	16	16

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Vikram Malhotra Mizuho Securities	Mizuho Securities	Buy Maintains $60	Buy	Maintains	$60	+26.32%	Jul 6, 2026
Farrell Granath Bank of America Securities	Bank of America Securities	Hold Maintains $50 → $54	Hold	Maintains	$50 → $54	+13.68%	Jun 26, 2026
John Kim BMO Capital	BMO Capital	Hold Maintains $52 → $54	Hold	Maintains	$52 → $54	+13.68%	Jun 12, 2026
Ronald Kamdem Morgan Stanley	Morgan Stanley	Sell Downgrades $53	Sell	Downgrades	$53	+11.58%	Jun 11, 2026
James Kammert Evercore ISI	Evercore ISI	Buy Maintains $55 → $58	Buy	Maintains	$55 → $58	+22.11%	Jun 8, 2026

More Analyst Ratings

Financial Forecast

Revenue This Year

2.61B

from 3.02B

-13.57%

from 3.02B

Revenue Next Year

2.56B

from 2.61B

-1.71%

from 2.61B

EPS This Year

1.08

from -

EPS Next Year

-0.88

from 1.08

Fiscal Year	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026
Revenue	2.13B	2.59B	2.89B	3.12B	3.02B	2.61B
Revenue Growth	12.28%	21.78%	11.47%	8.20%	-3.41%	-13.57%
Net Income	571.25M	521.66M	103.64M	322.95M	-1.43B	343.56M
EPS	-	-	-	-	-	1.08
Dividend / Share	4.48	4.72	4.96	5.19	4.68	2.88
Dividend Growth	-	5.36%	5.08%	4.64%	-9.83%	-38.44%
FFO	1.20B	879.57M	1.23B	1.43B	1.31B	1.08B
FFO / Share	8.16	5.44	7.19	8.32	7.69	6.36
P/FFO	22.12	22.35	15.37	10.70	6.18	7.47
No. Analysts	-	-	-	-	-	6

EPS based on non-GAAP adjusted numbers.

Revenue Forecast

Revenue	2026	2027	2028
High	2.7B
Avg	2.6B
Low	2.5B

Revenue Growth

Revenue Growth	2026	2027	2028
High	-11.9%
Avg	-13.6%
Low	-15.9%

EPS Forecast

EPS	2026	2027	2028
High	1.08
Avg	1.08
Low	1.08

EPS Growth

EPS Growth	2026	2027	2028
High	-67.7%
Avg	-67.7%
Low	-67.7%