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AvalonBay Communities (AVB) Stock Forecast, Price Target & Predictions

OverviewRevenueOwnershipFinancialsChartTranscripts

AVB Stock Forecast

AvalonBay Communities stock forecast is as follows: an average price target of $242.60 (represents a 9.20% upside from AVB’s last price of $222.17) and a rating consensus of 'Buy', based on 13 wall street analysts offering a 1-year stock forecast.

AVB Price Target

The average price target for AvalonBay Communities (AVB) is $242.60 based on 1-year price targets from 13 Wall Street analysts in the past 3 months, with a price target range of $255.00 to $230.00. This represents a potential 9.20% upside from AVB's last price of $222.17.

AVB Analyst Ratings

Buy

According to 13 Wall Street analysts, AvalonBay Communities's rating consensus is 'Buy'. The analyst rating breakdown for AVB stock is 0 'Strong Buy' (0.00%), 7 'Buy' (53.85%), 6 'Hold' (46.15%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).

AvalonBay Communities Price Target by Analyst

DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Oct 01, 2024Brad HeffernRBC Capital$234.00$225.253.88%5.32%
Sep 11, 2024John Paul FlangosBNP Paribas$250.00$229.369.00%12.53%
Aug 26, 2024Michael LewisTruist Financial$230.00$219.924.58%3.52%
Aug 26, 2024James FeldmanWells Fargo$244.00$221.7310.04%9.83%
Aug 02, 2024Alexander GoldfarbPiper Sandler$255.00$211.7820.41%14.78%
Jun 27, 2024James FeldmanWells Fargo$222.00$203.888.89%-0.08%
Jun 24, 2024Michael LewisTruist Financial$213.00$203.894.47%-4.13%
May 24, 2024Michael LewisTruist Financial$207.00$193.966.72%-6.83%
May 14, 2024Nicholas YulicoScotiabank$213.00$198.147.50%-4.13%
Apr 30, 2024Marie FergusonArgus Research$212.00$190.0711.54%-4.58%
Dec 16, 2022J.P. Morgan$197.00$164.3819.84%-11.33%
Dec 08, 2022Goldman Sachs$187.00$167.9711.33%-15.83%
Dec 02, 2022Morgan Stanley$187.00$174.187.36%-15.83%
Sep 19, 2022Mizuho Securities$220.00$201.988.92%-0.98%
Sep 15, 2022Barclays$235.00$205.0814.59%5.77%
Aug 16, 2022Goldman Sachs$248.00$218.8113.34%11.63%
Aug 11, 2022Morgan Stanley$242.00$217.8511.09%8.93%
Jul 29, 2022UBS$224.00$214.134.61%0.82%
Jul 20, 2022Piper Sandler$205.00$195.464.88%-7.73%
Jul 15, 2022Morgan Stanley$210.00$191.419.72%-5.48%
Jun 27, 2022Mizuho Securities$212.00$195.158.63%-4.58%
May 25, 2022Morgan Stanley$225.00$203.9710.31%1.27%
May 19, 2022Scotiabank$238.00$200.8018.52%7.13%
Feb 02, 2022John KimBMO Capital$285.00$250.0813.96%28.28%
Jan 19, 2022James SullivanBTIG$307.00$244.4625.58%38.18%
Jan 18, 2022Anthony PowellBarclays$263.00$246.456.72%18.38%
Jan 13, 2022Austin WurschmidtKeyBanc$275.00$249.5210.21%23.78%
Dec 13, 2021Nicholas JosephCitigroup$260.00$244.996.13%17.03%
Nov 22, 2021Tammi FiqueWells Fargo$265.00$235.4212.56%19.28%
Oct 25, 2021Steve SakwaEvercore ISI$240.00$229.884.40%8.03%
Sep 23, 2021Chandni LuthraGoldman Sachs$257.00$222.8415.33%15.68%
Sep 13, 2021Nicholas YulicoScotiabank$233.00$219.356.22%4.87%
Jul 28, 2021Alexander GoldfarbPiper Sandler$220.00$223.02-1.35%-0.98%
Apr 19, 2021Richard AndersonSMBC Nikko$210.00$185.2513.36%-5.48%

The latest AvalonBay Communities stock forecast, released on Oct 01, 2024 by Brad Heffern from RBC Capital, set a price target of $234.00, which represents a 3.88% increase from the stock price at the time of the forecast ($225.25), and a 5.32% increase from AVB last price ($222.17).

AvalonBay Communities Price Target by Period

1M3M12M
# Anlaysts-110
Avg Price Target-$234.00$228.00
Last Closing Price$222.17$222.17$222.17
Upside/Downside-100.00%5.32%2.62%

In the current month, the average price target of AvalonBay Communities stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to AvalonBay Communities's last price of $222.17. This month's average price target is down -100.00% compared to last quarter, and down -100.00% compared to last year.

Analyst Ratings Upgrades/Downgrades

DateCompanyPrevious RatingNew RatingRating Change
Oct 01, 2024RBC CapitalSector PerformSector PerformHold
Sep 16, 2024Evercore ISIPositivePositiveHold
Sep 16, 2024ScotiabankSector PerformSector PerformHold
Sep 11, 2024Exane BNP ParibasOutperformInitialise
Sep 10, 2024Deutsche BankBuyBuyHold
Sep 05, 2024ZelmanNeutralInitialise
Aug 26, 2024Wells FargoOverweightOverweightHold
Aug 07, 2024ScotiabankSector PerformSector PerformHold
Aug 02, 2024Piper SandlerOverweightOverweightHold
Aug 02, 2024RBC CapitalSector PerformSector PerformHold
Jun 27, 2024Wells FargoOverweightOverweightHold
May 14, 2024ScotiabankSector PerformSector PerformHold
May 14, 2024Morgan StanleyOverweightOverweightHold
Apr 29, 2024RBC CapitalSector PerformSector PerformHold
Dec 08, 2022Goldman SachsBuyNeutralDowngrade
Sep 15, 2022BarclaysEqual-WeightEqual-WeightHold
Aug 23, 2022Wolfe ResearchOutperformUpgrade
Aug 16, 2022Goldman SachsBuyBuyHold
Aug 11, 2022Morgan StanleyOverweightOverweightHold
Jul 29, 2022UBSNeutralNeutralHold
Jul 20, 2022Piper SandlerNeutralNeutralHold
Jul 15, 2022Morgan StanleyOverweightOverweightHold
May 25, 2022Morgan StanleyOverweightOverweightHold
May 19, 2022ScotiabankSector PerformSector PerformHold
Apr 29, 2022RBC CapitalSector PerformSector PerformHold
Nov 25, 2021Wells FargoOverweightOverweightHold

AvalonBay Communities's last stock rating was published by RBC Capital on Oct 01, 2024. The company gave AVB a "Sector Perform" rating, the same as its previous rate.

AvalonBay Communities Financial Forecast

AvalonBay Communities Revenue Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
Revenue-------------$697.63M$690.86M$674.71M$669.67M$665.29M$644.56M$613.93M$601.20M$580.77M$561.74M$551.13M$555.80M$567.40M$576.40M$601.65M$593.57M$587.61M
Avg Forecast$810.48M$802.89M$791.45M$779.77M$775.21M$768.67M$755.80M$746.11M$739.67M$730.87M$718.16M$706.80M$700.89M$691.24M$680.13M$670.61M$671.73M$662.51M$631.94M$612.47M$597.94M$569.22M$550.09M$548.37M$560.81M$568.24M$589.35M$597.91M$594.41M$585.19M
High Forecast$816.17M$808.53M$797.01M$785.25M$780.66M$774.08M$761.11M$751.31M$745.31M$731.45M$718.16M$706.80M$706.22M$696.37M$684.91M$675.33M$676.45M$662.51M$631.94M$612.47M$597.94M$569.22M$550.09M$548.37M$560.81M$568.24M$589.35M$597.91M$594.41M$585.19M
Low Forecast$805.34M$797.80M$786.43M$774.83M$770.30M$763.80M$751.01M$742.72M$734.63M$730.29M$718.16M$706.80M$695.38M$684.44M$675.82M$666.36M$667.47M$662.51M$631.94M$612.47M$597.94M$569.22M$550.09M$548.37M$560.81M$568.24M$589.35M$597.91M$594.41M$585.19M
# Analysts3345452763548115954475510751599168
Surprise %-------------1.01%1.02%1.01%1.00%1.00%1.02%1.00%1.01%1.02%1.02%1.01%0.99%1.00%0.98%1.01%1.00%1.00%

AvalonBay Communities's average Quarter revenue forecast for Dec 23 based on 8 analysts is $700.89M, with a low forecast of $695.38M, and a high forecast of $706.22M. AVB's average Quarter revenue forecast represents a 0.47% increase compared to the company's last Quarter revenue of $697.63M (Sep 23).

AvalonBay Communities EBITDA Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts3345452763548115954475510751599168
EBITDA-------------$406.79M$432.40M$411.99M$419.91M$447.27M$396.13M$373.79M$592.25M$330.87M$688.54M$377.38M$568.36M$376.27M$399.34M$401.89M$395.03M$507.82M
Avg Forecast$521.64M$516.75M$509.39M$501.87M$498.94M$494.73M$486.44M$480.21M$476.06M$470.40M$462.22M$668.98M$451.11M$444.89M$437.74M$608.16M$286.65M$412.79M$393.75M$552.87M$372.56M$354.67M$342.75M$227.46M$349.43M$354.06M$367.21M$401.89M$370.36M$364.62M
High Forecast$525.30M$520.38M$512.97M$505.40M$502.45M$498.21M$489.86M$483.56M$479.70M$470.77M$462.22M$802.77M$454.53M$448.20M$440.82M$729.79M$343.98M$412.79M$393.75M$663.45M$372.56M$354.67M$342.75M$272.95M$349.43M$354.06M$367.21M$482.26M$370.36M$364.62M
Low Forecast$518.33M$513.48M$506.16M$498.69M$495.78M$491.60M$483.36M$478.03M$472.82M$470.03M$462.22M$535.18M$447.56M$440.52M$434.97M$486.53M$229.32M$412.79M$393.75M$442.30M$372.56M$354.67M$342.75M$181.97M$349.43M$354.06M$367.21M$321.51M$370.36M$364.62M
Surprise %-------------0.91%0.99%0.68%1.46%1.08%1.01%0.68%1.59%0.93%2.01%1.66%1.63%1.06%1.09%1.00%1.07%1.39%

8 analysts predict AVB's average Quarter EBITDA for Dec 23 to be $451.11M, with a high of $454.53M and a low of $447.56M. This is 10.90% upper than AvalonBay Communities's previous annual EBITDA (Sep 23) of $406.79M.

AvalonBay Communities Net Income Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts3345452763548115954475510751599168
Net Income-------------$172.03M$367.92M$146.90M$241.29M$494.75M$138.69M$262.04M$335.30M$78.91M$447.95M$142.22M$341.13M$147.70M$170.83M$167.97M$167.65M$279.68M
Avg Forecast$242.68M$230.66M$234.14M$228.30M$213.04M$201.19M$205.19M$200.05M$181.52M$191.18M$181.04M$335.30M$185.02M$179.84M$161.82M$304.81M$162.24M$180.03M$166.61M$277.10M$142.14M$125.39M$104.96M$85.72M$120.86M$138.71M$148.54M$167.97M$172.24M$174.01M
High Forecast$244.89M$232.77M$236.28M$230.39M$214.99M$203.03M$207.07M$202.88M$183.45M$194.93M$186.22M$402.36M$187.73M$201.25M$165.87M$365.78M$194.69M$180.55M$167.71M$332.52M$142.14M$125.39M$104.96M$102.87M$120.86M$138.71M$148.54M$201.57M$172.24M$174.01M
Low Forecast$240.68M$228.76M$232.21M$226.42M$211.29M$199.53M$203.50M$199.34M$175.73M$187.44M$175.87M$268.24M$182.31M$164.14M$157.76M$243.85M$129.79M$179.51M$165.51M$221.68M$142.14M$125.39M$104.96M$68.58M$120.86M$138.71M$148.54M$134.38M$172.24M$174.01M
Surprise %-------------0.96%2.27%0.48%1.49%2.75%0.83%0.95%2.36%0.63%4.27%1.66%2.82%1.06%1.15%1.00%0.97%1.61%

AvalonBay Communities's average Quarter net income forecast for Dec 23 is $185.02M, with a range of $182.31M to $187.73M. AVB's average Quarter net income forecast represents a 7.55% increase compared to the company's last Quarter net income of $172.03M (Sep 23).

AvalonBay Communities SG&A Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts3345452763548115954475510751599168
SG&A-------------$20.47M$17.68M$20.40M$20.74M$14.61M$21.29M$17.42M$16.48M$17.31M$18.46M$17.35M$14.11M$13.98M$15.57M$17.32M$12.60M$12.77M
Avg Forecast$22.30M$22.10M$21.78M$21.46M$21.33M$21.15M$20.80M$20.53M$20.36M$20.11M$19.76M$22.29M$19.29M$19.02M$18.72M$20.26M$7.98M$18.18M$17.34M$18.42M$16.40M$15.62M$15.09M$10.46M$15.39M$15.59M$16.17M$17.32M$16.31M$16.06M
High Forecast$22.46M$22.25M$21.93M$21.61M$21.48M$21.30M$20.95M$20.68M$20.51M$20.13M$19.76M$26.75M$19.43M$19.16M$18.85M$24.32M$9.57M$18.18M$17.34M$22.11M$16.40M$15.62M$15.09M$12.55M$15.39M$15.59M$16.17M$20.78M$16.31M$16.06M
Low Forecast$22.16M$21.96M$21.64M$21.32M$21.20M$21.02M$20.67M$20.44M$20.22M$20.10M$19.76M$17.83M$19.14M$18.84M$18.60M$16.21M$6.38M$18.18M$17.34M$14.74M$16.40M$15.62M$15.09M$8.37M$15.39M$15.59M$16.17M$13.86M$16.31M$16.06M
Surprise %-------------1.08%0.94%1.01%2.60%0.80%1.23%0.95%1.00%1.11%1.22%1.66%0.92%0.90%0.96%1.00%0.77%0.80%

AvalonBay Communities's average Quarter SG&A projection for Dec 23 is $19.29M, based on 8 Wall Street analysts, with a range of $19.14M to $19.43M. The forecast indicates a -5.75% fall compared to AVB last annual SG&A of $20.47M (Sep 23).

AvalonBay Communities EPS Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts3345452763548115954475510751599168
EPS-------------$1.21$2.59$1.05$1.72$3.54$0.99$1.87$2.40$0.57$3.21$1.02$2.44$1.05$1.21$1.19$1.20$2.00
Avg Forecast$1.70$1.62$1.64$1.60$1.49$1.41$1.44$1.40$1.27$1.34$1.27$1.21$1.30$1.26$1.14$1.08$1.31$1.26$1.17$1.34$1.00$0.88$0.74$0.78$0.85$0.97$1.04$1.19$1.21$1.22
High Forecast$1.72$1.63$1.66$1.62$1.51$1.42$1.45$1.42$1.29$1.37$1.31$1.21$1.32$1.41$1.16$1.09$1.32$1.27$1.18$1.39$1.00$0.88$0.74$0.78$0.85$0.97$1.04$1.19$1.21$1.22
Low Forecast$1.69$1.61$1.63$1.59$1.48$1.40$1.43$1.40$1.23$1.32$1.23$1.21$1.28$1.15$1.11$1.07$1.30$1.26$1.16$1.30$1.00$0.88$0.74$0.78$0.85$0.97$1.04$1.19$1.21$1.22
Surprise %-------------0.96%2.28%0.98%1.32%2.80%0.85%1.39%2.40%0.65%4.35%1.30%2.87%1.08%1.16%1.00%0.99%1.64%

According to 8 Wall Street analysts, AvalonBay Communities's projected average Quarter EPS for Dec 23 is $1.30, with a low estimate of $1.28 and a high estimate of $1.32. This represents a 7.29% increase compared to AVB previous annual EPS of $1.21 (Sep 23).

AvalonBay Communities Peer Comparison by Price Target

TickerCompanyLast Closing PriceAvg Price TargetUpside/DownsideAvg Rating
EQREquity Residential$72.77$80.6110.77%Buy
ESSEssex Property Trust$294.10$322.009.49%Buy
MAAMid-America Apartment Communities$156.07$169.178.39%Hold
CPTCamden Property Trust$118.59$127.567.56%Hold
NXRTNexPoint Residential Trust$44.67$48.007.45%Buy
AVBAvalonBay Communities$226.94$242.606.90%Buy
UDRUDR$44.41$44.40-0.02%Buy

AVB Forecast FAQ

Is AvalonBay Communities a good buy?

Yes, according to 13 Wall Street analysts, AvalonBay Communities (AVB) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 7 'Buy' recommendations, accounting for 53.85% of AVB's total ratings.

What is AVB's price target?

AvalonBay Communities (AVB) average price target is $242.6 with a range of $230 to $255, implying a 9.20% from its last price of $222.17. The data is based on 13 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

Will AvalonBay Communities stock go up soon?

According to Wall Street analysts' prediction for AVB stock, the company can go up by 9.20% (from the last price of $222.17 to the average price target of $242.6), up by 14.78% based on the highest stock price target, and up by 3.52% based on the lowest stock price target.

Can AvalonBay Communities stock reach $300?

AVB's average twelve months analyst stock price target of $242.6 does not support the claim that AvalonBay Communities can reach $300 in the near future.

What are AvalonBay Communities's analysts' financial forecasts?

AvalonBay Communities's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $3.05B (high $3.07B, low $3.03B), average EBITDA is $1.96B (high $1.97B, low $1.95B), average net income is $819.47M (high $827.96M, low $813.66M), average SG&A $83.82M (high $84.41M, low $83.32M), and average EPS is $5.75 (high $5.81, low $5.71). AVB's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $3.18B (high $3.21B, low $3.16B), average EBITDA is $2.05B (high $2.06B, low $2.04B), average net income is $935.78M (high $944.33M, low $928.07M), average SG&A $87.64M (high $88.25M, low $87.08M), and average EPS is $6.57 (high $6.63, low $6.51).

Did the AVB's actual financial results beat the analysts' financial forecasts?

Based on AvalonBay Communities's last annual report (Dec 2022), the company's revenue was $2.59B, beating the average analysts forecast of $2.58B by 0.57%. Apple's EBITDA was $1.64B, missing the average prediction of $1.65B by -0.54%. The company's net income was $1.14B, beating the average estimation of $785.98M by 44.63%. Apple's SG&A was $74.06M, beating the average forecast of $61.91M by 19.63%. Lastly, the company's EPS was $8.13, beating the average prediction of $5.09 by 59.84%. In terms of the last quarterly report (Sep 2023), AvalonBay Communities's revenue was $697.64M, beating the average analysts' forecast of $691.24M by 0.93%. The company's EBITDA was $406.79M, missing the average prediction of $444.89M by -8.57%. AvalonBay Communities's net income was $172.03M, missing the average estimation of $179.84M by -4.34%. The company's SG&A was $20.47M, beating the average forecast of $19.02M by 7.59%. Lastly, the company's EPS was $1.21, missing the average prediction of $1.26 by -4.11%