AvalonBay Communities, Inc. (AVB)
NYSE: AVB · IEX Real-Time Price · USD
204.20
-0.12 (-0.06%)
Jul 2, 2024, 4:00 PM EDT - Market closed
AvalonBay Communities Stock Forecast
Stock Price Forecast
The 17 analysts with 12-month price forecasts for AVB stock have an average target of 203.06, with a low estimate of 176 and a high estimate of 230. The average target predicts a decrease of -0.56% from the current stock price of 204.20.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for AVB stock from 19 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 | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 2 | 3 | 2 | 2 |
| Buy | 3 | 5 | 5 | 5 | 4 | 4 |
| Hold | 12 | 9 | 9 | 10 | 13 | 13 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 17 | 16 | 16 | 18 | 19 | 19 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Truist Securities | Truist Securities | Hold Maintains $207 → $213 | Hold | Maintains | $207 → $213 | +4.31% | Jun 24, 2024 |
| JP Morgan | JP Morgan | Hold Maintains $194 → $212 | Hold | Maintains | $194 → $212 | +3.82% | Jun 17, 2024 |
| Wells Fargo | Wells Fargo | Buy Maintains $189 → $210 | Buy | Maintains | $189 → $210 | +2.84% | May 31, 2024 |
| Mizuho | Mizuho | Hold Maintains $185 → $194 | Hold | Maintains | $185 → $194 | -5.00% | May 30, 2024 |
| Truist Securities | Truist Securities | Hold Maintains $197 → $207 | Hold | Maintains | $197 → $207 | +1.37% | May 24, 2024 |
Financial Forecast
Revenue This Year
2.91B
from 2.77B
Increased by 5.13%
Revenue Next Year
3.04B
from 2.91B
Increased by 4.30%
EPS This Year
4.99
from 6.56
Decreased by -23.92%
EPS Next Year
5.65
from 4.99
Increased by 13.30%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 3.1B | 3.3B | 3.5B | 3.6B | 3.8B |
| Avg | 2.9B | 3.0B | 2.9B | 3.5B | 3.7B |
| Low | 2.7B | 2.8B | 2.0B | 3.4B | 3.6B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 10.7% | 11.9% | 13.7% | 24.9% | 9.7% |
| Avg | 5.1% | 4.3% | -4.3% | 20.2% | 5.5% |
| Low | -2.9% | -4.8% | -33.3% | 16.6% | 2.4% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 5.73 | 7.78 | 8.31 | 6.58 | 6.94 |
| Avg | 4.99 | 5.65 | 6.41 | 6.33 | 6.68 |
| Low | 4.69 | 4.89 | 5.43 | 6.14 | 6.48 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | -12.6% | 55.9% | 46.9% | 2.7% | 9.6% |
| Avg | -23.9% | 13.3% | 13.4% | -1.3% | 5.4% |
| Low | -28.4% | -2.0% | -4.0% | -4.2% | 2.3% |
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.