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
Target Low Average Median High
Price $108 $141.8 $140 $166
Change -16.22% +10.00% +8.60% +28.77%
* 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 '23Nov '23Dec '23Jan '24Feb '24Mar '24
Strong Buy 333444
Buy 777775
Hold 111111
Sell 000000
Strong Sell 000000
Total 111111121210

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
More Analyst Ratings

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%
Year 20192020202120222023202420252026
Revenue
1.53B1.89B2.11B2.59B2.89B3.12B3.31B3.58B
Revenue Growth
15.36%23.14%12.12%22.46%11.46%8.22%6.02%8.22%
EPS
3.126.013.823.180.543.273.453.85
EPS Growth
-11.36%92.63%-36.44%-16.75%-83.02%505.38%5.66%11.55%
No. Analysts -----663
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 202420252026
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 202420252026
High
18.2%
17.0%
13.8%
Avg
8.2%
6.0%
8.2%
Low
0.4%
-5.1%
3.8%

EPS Forecast

EPS 202420252026
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 202420252026
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.