Piper Sandler cuts target to USD 254 for Simon Property Group stock

Published on 10/20/2026 at 10:39 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Piper Sandler cut its target from USD 285 to USD 254 on October 12, 2026. Simon Property Group stock costs EUR 180.88 on October 20, 2026.

Analyst target and earnings date

Piper Sandler lowered its target from USD 285 to USD 254 on October 12, 2026.
Simon reported USD 1.79 billion in second-quarter 2026 revenue, up 19.5 percent year over year.
Simon Property Group stock trades at EUR 180.88 at 10:33 a.m. CEST at Lang & Schwarz on October 20, 2026.

Geometrisches Bauhaus-Poster mit Schriftzug RETAIL und stilisierter Mall-Silhouette — Simon Property Group US8288061091 im geometrischen Bauhaus-Poster-Stil mit Sektor-Schriftzug RETAIL und Mall-Silhouette, Illustration mit AI erstellt.

Simon Property Group (ISIN US8288061091) is trading at EUR 180.88 at Lang & Schwarz on October 20, 2026 at 10:33 a.m. CEST. MarketScreener reported on October 12, 2026 that Piper Sandler cut its price target from USD 285 to USD 254.

Target cuts reset the valuation debate

The revised target keeps a clear gap between the analyst view and Simon's latest reported operating figures. Piper Sandler maintained a Buy rating while reducing the target, according to Markets Insider on October 12, 2026.

Simon generated USD 1.79 billion of revenue in the second quarter of 2026, a 19.5 percent increase from the second quarter of 2025. Diluted earnings per share were USD 1.49, below the USD 1.64 consensus estimate, while revenue exceeded the USD 1.61 billion consensus estimate, according to MarketBeat.

What does the earnings date mean?

Simon announced three dated milestones in sequence. On September 9, 2026, it sold USD 800 million of senior notes; on October 6, 2026, it set November 5, 2026 for its third-quarter earnings release and conference call; and on October 12, 2026, Piper Sandler reduced its target to USD 254 from USD 285. The first two company events are listed by Simon Property Group.

The next dated company event is the third-quarter 2026 earnings release and conference call on November 5, 2026, after the market closes, according to Simon Property Group. The appointment gives investors a defined test for whether revenue growth can offset the recent earnings-per-share shortfall.

Price stays tied to the next results

On the NYSE, Simon Property Group closed at USD 202.49 on October 19, 2026 at 4:00 p.m. ET. The company operates retail real estate properties, including regional malls and premium outlet centers, and had 254 properties at the end of 2025, according to MarketScreener. The further course of trading is shown by the continuously updated real-time quote of Simon Property Group stock.