Innovative Industrial Properties, Inc. (IIPR)
NYSE: IIPR · Real-Time Price · USD
51.46
+0.50 (0.98%)
At close: Nov 7, 2025, 4:00 PM EST
51.52
+0.06 (0.12%)
After-hours: Nov 7, 2025, 7:14 PM EST
IIPR Stock Forecast
Stock Price Forecast
The 4 analysts that cover IIPR stock have a consensus rating of "Hold" and an average price target of $88.5, which forecasts a 71.98% increase in the stock price over the next year. The lowest target is $44 and the highest is $130.
Price Target: $88.5 (+71.98%)
Analyst Consensus: Hold
Analyst Ratings
The average analyst rating for IIPR stock is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.
Recommendation Trends
| Rating | Jun '25 | Jul '25 | Aug '25 | Sep '25 | Oct '25 | Nov '25 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 2 | 2 | 2 | 2 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 3 | 4 | 4 | 4 | 4 | 4 |
| Sell | 1 | 1 | 1 | 1 | 1 | 1 |
| Strong Sell | 1 | 1 | 1 | 1 | 1 | 1 |
| Total | 7 | 8 | 8 | 8 | 8 | 8 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Piper Sandler | Piper Sandler | Sell Maintains $43 → $44 | Sell | Maintains | $43 → $44 | -14.50% | Nov 5, 2025 |
| Wolfe Research | Wolfe Research | Buy → Hold Downgrades n/a | Buy → Hold | Downgrades | n/a | n/a | Jul 2, 2025 |
| Piper Sandler | Piper Sandler | Sell Maintains $55 → $45 | Sell | Maintains | $55 → $45 | -12.55% | Apr 15, 2025 |
| Compass Point | Compass Point | Hold → Strong Sell Downgrades $60 → $50 | Hold → Strong Sell | Downgrades | $60 → $50 | -2.84% | Mar 31, 2025 |
| Piper Sandler | Piper Sandler | Sell Maintains $60 → $55 | Sell | Maintains | $60 → $55 | +6.88% | Mar 31, 2025 |
Financial Forecast
Revenue This Year
269.81M
from 308.52M
Decreased by -12.55%
Revenue Next Year
269.59M
from 269.81M
Decreased by -0.08%
EPS This Year
3.77
from 5.52
Decreased by -31.69%
EPS Next Year
3.93
from 3.77
Increased by 4.05%
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.
Revenue Forecast
| Revenue | 2025 | 2026 | 2027 |
|---|---|---|---|
| High | 282.4M | 288.4M | |
| Avg | 269.8M | 269.6M | |
| Low | 256.7M | 252.0M |
Revenue Growth
| Revenue Growth | 2025 | 2026 | 2027 |
|---|---|---|---|
| High | -8.5% | 6.9% | |
| Avg | -12.5% | -0.1% | |
| Low | -16.8% | -6.6% |
EPS Forecast
| EPS | 2025 | 2026 |
|---|---|---|
| High | 3.95 | 4.04 |
| Avg | 3.77 | 3.93 |
| Low | 3.57 | 3.77 |
EPS Growth
| EPS Growth | 2025 | 2026 |
|---|---|---|
| High | -28.5% | 7.1% |
| Avg | -31.7% | 4.1% |
| Low | -35.4% | -0.0% |
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.