Simon Property Group (SPG) Stock Forecast & Price Target

Simon Property Group
Bear Case

Investors should be bearish about investing in Simon Property Group, Inc. for these reasons:

• Simon Property Group, Inc. recently missed earnings expectations, reporting $1.49 in earnings per share for the quarter, which fell short of the consensus estimate of $1.64, potentially signaling challenges in maintaining profit margins despite revenue growth.
• The stock is currently trading at $197.47, which is below its 50-day moving average of $213.26 and 200-day moving average of $209.70, suggesting a downward trend in the short term and potential continued pressure on the share price.
• Short interest has been increasing, with 9,858,955 shares shorted as of September 2026, representing a 3.34% short percentage of the float, indicating that a significant portion of investors are betting against the stock's performance.
• The company carries a high debt-to-equity ratio of 5.19, which could be a concern for investors wary of leverage, especially in an environment of higher interest rates that increases borrowing costs for real estate investment trusts.
• Analyst ratings are mixed, with a consensus rating of "Hold" and a significant number of analysts, including Truist Financial and Stifel Nicolaus, maintaining neutral or cautious stances, reflecting uncertainty about the company's future growth prospects.