AvalonBay Communities, Inc. (AVB)
NYSE: AVB · IEX Real-Time Price · USD
185.56
+1.87 (1.02%)
Mar 28, 2024, 4:00 PM EDT - Market closed

AvalonBay Communities Stock Forecast

Stock Price Forecast

The 14 analysts with 12-month price forecasts for AVB stock have an average target of 193.39, with a low estimate of 176 and a high estimate of 212. The average target predicts an increase of 4.22% from the current stock price of 185.56.

Analyst Consensus: Buy
Target Low Average Median High
Price $176 $193.39 $192 $212
Change -5.15% +4.22% +3.47% +14.25%

Analyst Ratings

The average analyst rating for AVB stock from 16 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 Oct '23Nov '23Dec '23Jan '24Feb '24Mar '24
Strong Buy 333222
Buy 444355
Hold 91091299
Sell 200000
Strong Sell 000000
Total 181716171616

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Piper Sandler
Piper Sandler
Buy
Maintains
$207
Buy Maintains $207 +11.55% Mar 26, 2024
Truist Securities
Truist Securities
Hold
Maintains
$203$201
Hold Maintains $203$201 +8.32% Mar 14, 2024
Mizuho
Mizuho
Hold
Maintains
$188$185
Hold Maintains $188$185 -0.30% Feb 28, 2024
Morgan Stanley
Morgan Stanley
Buy
Upgrades
$175$192
Buy Upgrades $175$192 +3.20% Feb 26, 2024
Goldman Sachs
Goldman Sachs
Hold
Initiates
$191
Hold Initiates $191 +2.93% Feb 22, 2024
More Analyst Ratings

Financial Forecast

Revenue This Year
2.90B
from 2.77B
Increased by 4.81%
Revenue Next Year
3.05B
from 2.90B
Increased by 4.96%
EPS This Year
4.99
from 6.56
Decreased by -23.87%
EPS Next Year
5.48
from 4.99
Increased by 9.67%
Year 2019202020212022202320242025202620272028
Revenue
2.32B2.30B2.29B2.59B2.77B2.90B3.05B3.20B3.56B3.77B
Revenue Growth
1.75%-1.01%-0.28%13.01%6.73%4.81%4.96%5.12%11.34%5.78%
EPS
5.635.897.198.126.564.995.486.137.557.94
EPS Growth
-20.14%4.62%22.07%12.93%-19.21%-23.87%9.67%11.98%23.19%5.08%
No. Analysts -----1412722
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 20242025202620272028
High 3.1B 3.4B 3.5B 3.7B 3.9B
Avg 2.9B 3.0B 3.2B 3.6B 3.8B
Low 2.7B 2.7B 2.8B 3.5B 3.7B

Revenue Growth

Revenue Growth 20242025202620272028
High
11.9%
16.2%
15.0%
15.7%
10.0%
Avg
4.8%
5.0%
5.1%
11.3%
5.8%
Low
-3.6%
-5.7%
-7.6%
8.0%
2.6%

EPS Forecast

EPS 20242025202620272028
High 5.45 5.97 6.57 7.85 8.25
Avg 4.99 5.48 6.13 7.55 7.94
Low 4.53 4.80 5.79 7.33 7.70

EPS Growth

EPS Growth 20242025202620272028
High
-16.9%
19.6%
20.0%
28.1%
9.2%
Avg
-23.9%
9.7%
12.0%
23.2%
5.1%
Low
-31.0%
-3.8%
5.8%
19.5%
2.0%
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.