Healthpeak Properties, Inc. (DOC)

Healthpeak Properties Stock Forecast

Stock Price Forecast

The 11 analysts that cover Healthpeak Properties stock have a consensus rating of "Buy" and an average price target of $21.36, which forecasts a 16.02% increase in the stock price over the next year. The lowest target is $18 and the highest is $26.

Price Target: $21.36 (+16.02%)

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$18	$21.36	$21	$26
Change	-2.23%	+16.02%	+14.07%	+41.23%

Analyst Ratings

The average analyst rating for Healthpeak Properties stock is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating	Apr '25	May '25	Jun '25	Jul '25	Aug '25	Sep '25
Strong Buy	2	2	2	2	1	1
Buy	6	6	6	5	6	6
Hold	3	3	2	3	4	4
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	11	11	10	10	11	11

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
John Kilichowski Wells Fargo	Wells Fargo	Hold Maintains $20 → $18	Hold	Maintains	$20 → $18	-2.23%	Aug 27, 2025
Richard Hill Morgan Stanley	Morgan Stanley	Buy Maintains $22 → $21	Buy	Maintains	$22 → $21	+14.07%	Aug 22, 2025
Omotayo Okusanya Deutsche Bank	Deutsche Bank	Strong Buy → Hold Downgrades $28 → $18	Strong Buy → Hold	Downgrades	$28 → $18	-2.23%	Aug 20, 2025
Amanda Sweitzer Baird	Baird	Buy Maintains $22 → $21	Buy	Maintains	$22 → $21	+14.07%	Jul 30, 2025
Nicholas Yulico Scotiabank	Scotiabank	Buy → Hold Downgrades $21 → $19	Buy → Hold	Downgrades	$21 → $19	+3.20%	Jul 29, 2025

More Analyst Ratings

Financial Forecast

Revenue This Year

2.80B

Increased by 3.58%

from 2.70B

Revenue Next Year

2.90B

Increased by 3.50%

from 2.80B

EPS This Year

0.25

Decreased by -29.94%

from 0.36

EPS Next Year

0.31

Increased by 22.61%

from 0.25

Fiscal Year	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026
Revenue	1.64B	1.90B	2.06B	2.18B	2.70B	2.80B	2.90B
Revenue Growth	32.62%	15.28%	8.70%	5.81%	23.82%	3.58%	3.50%
EPS	0.77	0.93	0.92	0.56	0.36	0.25	0.31
EPS Growth	755.21%	20.47%	-0.87%	-39.79%	-35.54%	-29.94%	22.61%
Forward PE	-	-	-	-	-	73.28	59.76
No. Analysts	-	-	-	-	-	9	9

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2025	2026	2027	2028
High	3.0B	3.2B
Avg	2.8B	2.9B
Low	2.6B	2.7B

Revenue Growth

Revenue Growth	2025	2026	2027	2028
High	10.9%	13.3%
Avg	3.6%	3.5%
Low	-2.4%	-4.2%

EPS Forecast

EPS	2025	2026	2027	2028	2029
High	0.33	0.39
Avg	0.25	0.31
Low	0.20	0.21

EPS Growth

EPS Growth	2025	2026	2027	2028	2029
High	-9.2%	54.6%
Avg	-29.9%	22.6%
Low	-45.3%	-18.1%

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.