Phillips Edison (PECO) Stock Forecast, Price Target & Predictions


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PECO Stock Forecast


Phillips Edison (PECO) stock forecast, based on 7 Wall Street analysts, predicts a 12-month average price target of $37.00, with a high of $37.00 and a low of $37.00. This represents a 1.96% increase from the last price of $36.29.

$31 $32 $33 $34 $35 $36 $37 $38 $39 $40 High: $37 Avg: $37 Low: $37 Last Closed Price: $36.29

PECO Stock Rating


Phillips Edison stock's rating consensus is Buy, based on 7 Wall Street analysts. The breakdown includes 0 Strong Buy (0.00%), 4 Buy (57.14%), 3 Hold (42.86%), 0 Sell (0.00%), and 0 Strong Sell (0.00%).

Buy
Total 7 0 3 4 Strong Sell Sell Hold Buy Strong Buy

PECO Forecast vs Benchmarks


TypeNameUpside
StockPhillips Edison1.96%
SectorReal Estate Stocks 14.90%
IndustryRetail REIT Stocks 9.83%

Price Target Trends


1M3M12M
# Anlaysts--2
Avg Price Target--$37.50
Last Closing Price$36.29$36.29$36.29
Upside/Downside--3.33%
Ratings Trends

DateStrong BuyBuyHoldSellStrong SellTotal
Jan, 25146--11
Dec, 24146--11
Nov, 24147--12
Oct, 241371-12
Sep, 241371-12
Latest Price Target by Analysts

DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Aug 28, 2024Dori KestenWells Fargo$37.00$36.950.14%1.96%
May 29, 2024Omotayo OkusanyaDeutsche Bank$38.00$31.1322.07%4.71%
Aug 29, 2022Morgan Stanley$34.00$33.451.64%-6.31%
Jul 15, 2022Morgan Stanley$31.00$34.15-9.22%-14.58%
Jun 22, 2022Compass Point$34.00$32.853.50%-6.31%
May 13, 2022Morgan Stanley$32.00$33.40-4.19%-11.82%
Apr 22, 2022Compass Point$36.50$36.041.28%0.58%
Latest Upgrade/Downgrade by Analysts

DateCompanyPrevious RatingNew RatingRating Change
Nov 12, 2024Wolfe ResearchOutperformOutperformupgrade
Sep 10, 2024Compass PointNeutralNeutralhold
Aug 28, 2024Wells FargoEqual-Weightupgrade
May 29, 2024Deutsche BankBuyBuyhold
Jun 13, 2023Goldman SachsBuyBuyhold
Jan 09, 2023Credit SuisseOutperformupgrade
Aug 29, 2022Morgan StanleyEqual-WeightEqual-Weighthold
Jul 15, 2022Morgan StanleyEqual-WeightEqual-Weighthold
Jun 22, 2022Compass PointNeutralNeutralhold
May 13, 2022Morgan StanleyEqual-WeightEqual-Weighthold

Financial Forecast


EPS Forecast

Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26
Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26
Reported$0.15$0.42$0.48---
Avg Forecast$0.13$0.36$0.44$0.48$0.58$0.65
High Forecast$0.12$0.34$0.44$0.47$0.58$0.53
Low Forecast$0.13$0.37$0.44$0.48$0.59$0.82
Surprise %15.38%16.67%9.09%---

Revenue Forecast

$500M $550M $600M $650M $700M $750M Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26
Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26
Reported$532.85M$575.37M$610.12M---
Avg Forecast$518.83M$559.49M$598.39M$646.00M$697.69M$744.21M
High Forecast$502.67M$535.49M$595.37M$644.91M$676.95M$743.63M
Low Forecast$530.54M$574.00M$602.92M$647.09M$718.42M$744.78M
Surprise %2.70%2.84%1.96%---

Net Income Forecast

$15M $34M $53M $72M $91M $110M Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26
Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26
Reported$15.12M$48.32M$56.85M---
Avg Forecast$16.88M$47.45M$58.82M$63.19M$77.30M$84.38M
High Forecast$16.20M$44.80M$58.57M$62.79M$76.69M$70.67M
Low Forecast$17.38M$49.05M$59.07M$63.58M$77.91M$109.10M
Surprise %-10.42%1.85%-3.36%---

PECO Forecast FAQ


Is Phillips Edison stock a buy?

Phillips Edison stock has a consensus rating of Buy, based on 7 Wall Street analysts. The rating breakdown includes 0 Strong Buy, 4 Buy, 3 Hold, 0 Sell, and 0 Strong Sell, reflecting a consensus that Phillips Edison is a favorable investment for most analysts.

What is Phillips Edison's price target?

Phillips Edison's price target, set by 7 Wall Street analysts, averages $37 over the next 12 months. The price target range spans from $37 at the low end to $37 at the high end, suggesting a potential 1.96% change from the previous close price of $36.29.

How does Phillips Edison stock forecast compare to the average forecast of its sector, industry, and investment themes?

Phillips Edison stock forecast shows a 1.96% upside, underperforming the average forecast for the real estate stocks sector (14.90%) and underperforming the retail reit stocks industry (9.83%).

What is the breakdown of analyst ratings for Phillips Edison over the past three months?

  • January 2025: 9.09% Strong Buy, 36.36% Buy, 54.55% Hold, 0% Sell, 0% Strong Sell.
  • December 2024: 9.09% Strong Buy, 36.36% Buy, 54.55% Hold, 0% Sell, 0% Strong Sell.
  • November 2024: 8.33% Strong Buy, 33.33% Buy, 58.33% Hold, 0% Sell, 0% Strong Sell.

What is Phillips Edison’s EPS forecast?

Phillips Edison's average annual EPS forecast for its fiscal year ending in December is 0.48 for 2024, a 0% decrease from the reported $0.48 in 2023. The prediction for 2025 is $0.58, and $0.65 for 2026.

What is Phillips Edison’s revenue forecast?

Phillips Edison's average annual revenue forecast for its fiscal year ending in December is $646M for 2024, a 5.88% increase from the reported $610.12M in 2023. The forecast for 2025 is $697.69M, and $744.21M for 2026.

What is Phillips Edison’s net income forecast?

For its fiscal year ending in December, Phillips Edison's average annual net income forecast is $63.19M for 2024, reflecting an 11.15% increase from the reported $56.85M in 2023. The projection for 2025 is $77.3M, and $84.38M for 2026.