Alexandria Real Estate Equities, Inc. (ARE)
NYSE: ARE · IEX Real-Time Price · USD
124.19
+0.02 (0.01%)
May 20, 2024, 11:42 AM EDT - Market open
ARE Stock Forecast
Stock Price Forecast
The 8 analysts with 12-month price forecasts for ARE stock have an average target of 136.75, with a low estimate of 108 and a high estimate of 154. The average target predicts an increase of 10.12% from the current stock price of 124.19.
Analyst Consensus: Strong Buy
Analyst Ratings
The average analyst rating for ARE stock from 8 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 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 3 | 4 | 4 | 4 | 4 | 3 |
| Buy | 7 | 7 | 7 | 7 | 5 | 4 |
| Hold | 1 | 1 | 1 | 1 | 1 | 1 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 11 | 12 | 12 | 12 | 10 | 8 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Evercore ISI Group | Evercore ISI Group | Buy Maintains $137 → $132 | Buy | Maintains | $137 → $132 | +6.29% | Apr 25, 2024 |
| Wedbush | Wedbush | Buy Reiterates $140 | Buy | Reiterates | $140 | +12.74% | Apr 24, 2024 |
| Wedbush | Wedbush | Buy Reiterates $140 | Buy | Reiterates | $140 | +12.74% | Jan 31, 2024 |
| JMP Securities | JMP Securities | Buy Reiterates $140 | Buy | Reiterates | $140 | +12.74% | Jan 31, 2024 |
| Deutsche Bank | Deutsche Bank | Strong Buy Initiates $140 | Strong Buy | Initiates | $140 | +12.74% | Jan 30, 2024 |
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
3.34
from 0.54
Increased by 519.09%
EPS Next Year
3.51
from 3.34
Increased by 5.06%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 3.4B | 3.7B | 3.8B | 4.1B |
| Avg | 3.1B | 3.3B | 3.6B | 3.8B |
| Low | 2.9B | 3.0B | 3.4B | 3.6B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 18.2% | 17.0% | 13.8% | 13.9% |
| Avg | 8.2% | 6.0% | 8.2% | 6.9% |
| Low | 0.4% | -5.1% | 3.8% | 1.1% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 3.79 | 4.24 | 5.01 |
| Avg | 3.34 | 3.51 | 3.84 |
| Low | 2.46 | 2.58 | 2.80 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 601.9% | 26.9% | 42.6% |
| Avg | 519.1% | 5.1% | 9.3% |
| Low | 355.5% | -22.9% | -20.2% |
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.