Alexandria Real Estate Equities (NYSE:ARE) Price Target Lowered to $50.00 at Royal Bank Of Canada

Key Points

• Royal Bank of Canada cut its price target on Alexandria Real Estate Equities to $50 (from $60) and kept a "sector perform" rating, a target that implies about a 20.8% upside from the prior close.
• In the latest quarter ARE reported EPS of $1.73 (in line with estimates) while revenue fell 11.5% year-over-year, with a negative net margin and ROE; management set FY2026 guidance of 6.30–6.50 EPS, roughly matching the sell-side consensus of 6.4.
• Analyst sentiment is mixed but tilted toward neutral: the consensus rating is "Hold" (11 Holds, 3 Buys, 2 Sells) with an average target price of about $51.92.

Alexandria Real Estate Equities (NYSE:ARE - Get Free Report) had its price objective dropped by analysts at Royal Bank Of Canada from $60.00 to $50.00 in a research report issued to clients and investors on Tuesday,MarketScreener reports. The firm presently has a "sector perform" rating on the real estate investment trust's stock. Royal Bank Of Canada's target price would indicate a potential upside of 20.79% from the company's previous close.

ARE has been the subject of several other reports. Morgan Stanley dropped their price target on Alexandria Real Estate Equities from $55.00 to $54.00 and set an "equal weight" rating for the company in a report on Monday, February 9th. The Goldman Sachs Group assumed coverage on Alexandria Real Estate Equities in a report on Tuesday, February 3rd. They issued a "neutral" rating and a $60.00 price objective on the stock. Mizuho dropped their target price on Alexandria Real Estate Equities from $91.00 to $70.00 and set an "outperform" rating for the company in a report on Friday, January 9th. Wall Street Zen raised shares of Alexandria Real Estate Equities from a "sell" rating to a "hold" rating in a research report on Saturday. Finally, Jefferies Financial Group decreased their price target on shares of Alexandria Real Estate Equities from $57.00 to $47.00 and set a "hold" rating on the stock in a research note on Tuesday, April 14th. Three equities research analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and two have assigned a Sell rating to the company's stock. According to MarketBeat, the company has an average rating of "Hold" and a consensus target price of $51.92.

Alexandria Real Estate Equities Stock Performance

Shares of ARE stock opened at $41.39 on Tuesday. Alexandria Real Estate Equities has a 52 week low of $39.41 and a 52 week high of $88.24. The company has a market capitalization of $7.21 billion, a price-to-earnings ratio of -6.59, a PEG ratio of 5.01 and a beta of 1.12. The company has a 50-day simple moving average of $47.90 and a 200 day simple moving average of $52.48. The company has a debt-to-equity ratio of 0.65, a quick ratio of 0.20 and a current ratio of 0.20.

Alexandria Real Estate Equities (NYSE:ARE - Get Free Report) last released its quarterly earnings results on Monday, April 27th. The real estate investment trust reported $1.73 earnings per share for the quarter, meeting the consensus estimate of $1.73. Alexandria Real Estate Equities had a negative net margin of 36.03% and a negative return on equity of 5.21%. The firm had revenue of $671.02 million for the quarter, compared to analysts' expectations of $684.78 million. During the same period in the prior year, the firm earned $2.30 EPS. The business's revenue was down 11.5% on a year-over-year basis. Alexandria Real Estate Equities has set its FY 2026 guidance at 6.300-6.500 EPS. On average, sell-side analysts predict that Alexandria Real Estate Equities will post 6.4 earnings per share for the current year.

Insider Activity

In related news, EVP Hallie E. Kuhn sold 536 shares of the business's stock in a transaction dated Friday, April 17th. The stock was sold at an average price of $48.20, for a total value of $25,835.20. Following the completion of the transaction, the executive vice president owned 48,301 shares of the company's stock, valued at $2,328,108.20. The trade was a 1.10% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Chairman Joel S. Marcus acquired 25,000 shares of the business's stock in a transaction that occurred on Thursday, February 12th. The shares were purchased at an average cost of $53.92 per share, with a total value of $1,348,000.00. Following the transaction, the chairman directly owned 562,724 shares of the company's stock, valued at $30,342,078.08. This trade represents a 4.65% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. Corporate insiders own 1.35% of the company's stock.

Institutional Investors Weigh In On Alexandria Real Estate Equities

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Avalon Trust Co acquired a new position in shares of Alexandria Real Estate Equities during the 3rd quarter worth $29,000. Cornerstone Planning Group LLC raised its stake in Alexandria Real Estate Equities by 5,916.7% during the third quarter. Cornerstone Planning Group LLC now owns 361 shares of the real estate investment trust's stock worth $30,000 after acquiring an additional 355 shares in the last quarter. BOKF NA boosted its stake in shares of Alexandria Real Estate Equities by 6,033.3% in the 3rd quarter. BOKF NA now owns 368 shares of the real estate investment trust's stock valued at $31,000 after purchasing an additional 362 shares in the last quarter. CYBER HORNET ETFs LLC bought a new position in Alexandria Real Estate Equities in the 2nd quarter valued at approximately $30,000. Finally, CIBC Private Wealth Group LLC boosted its position in Alexandria Real Estate Equities by 109.6% in the third quarter. CIBC Private Wealth Group LLC now owns 436 shares of the real estate investment trust's stock valued at $36,000 after buying an additional 228 shares in the last quarter. 96.54% of the stock is currently owned by institutional investors.

About Alexandria Real Estate Equities

Alexandria Real Estate Equities, Inc NYSE: ARE is a real estate investment trust specializing in the ownership, development and management of collaborative life science and technology campuses. The company's properties are designed to support research and innovation by providing specialized laboratory, office and manufacturing space tailored to biotechnology, pharmaceutical, academic and related industries.

Since its founding in 1994, Alexandria has cultivated a diversified portfolio of campuses across leading innovation clusters in North America and Europe.

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