BMO cuts target for Alexandria Real Estate stock to USD 41.00
Published on 10/17/2026 at 19:01 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSAnalyst target and results date
- BMO Capital cut its Alexandria Real Estate target to USD 41.00 from USD 48.00 on October 12, 2026.
- Alexandria Real Estate is scheduled to report third-quarter 2026 results on October 26, 2026.
- Alexandria Real Estate stock closed at USD 41.62 on October 16, 2026, down 1.70 percent versus the prior close of USD 42.34.
- The dividend yield was 7.00 percent and market capitalization was USD 7.3 billion on October 16, 2026.
BMO Capital downgraded Alexandria Real Estate to Market Perform from Outperform and cut its target to USD 41.00 from USD 48.00 on October 12, 2026, according to Markets Insider. The USD 41.62 closing price on October 16 stood 1.51 percent above that target. Alexandria Real Estate stock closed down 1.70 percent from the prior close of USD 42.34 at 4:00 p.m. ET.
Results date brings a second test
Alexandria Real Estate is scheduled to report third-quarter 2026 results after the market closes on October 26, 2026. The conference call is scheduled for October 27 at 2:00 p.m. ET, according to MarketBeat.
The latest available second-quarter figures give that date a clear numerical backdrop. Revenue fell 13.00 percent year over year to USD 662.80 million, while adjusted funds from operations per share fell 25.80 percent to USD 1.73 from USD 2.33, according to Financial Report Insights. Management narrowed 2026 adjusted funds from operations guidance to USD 6.35-6.45 per share from USD 6.30-6.50.
Price position and valuation
Alexandria Real Estate's USD 39.41 to USD 78.51 52-week range places the October 16 close 5.61 percent above the low and 46.98 percent below the high. The stock's 2,199,991-share volume was above its 1,992,970-share average volume.
Market capitalization stood at USD 7.3 billion on October 16, while the trailing P/E ratio was negative 7.48. The dividend yield was 7.00 percent. Alexandria Real Estate owns and develops life-science, technology and agtech campuses and is listed on the NYSE under ARE.
Comparison with peers
Alexandria Real Estate: minus 1.70 percent, dividend yield 7.00 percent, market capitalization USD 7.3 billion
BXP (NYSE, USD): minus 0.82 percent, P/E 31.83, market capitalization USD 9.5 billion
Vornado Realty Trust (NYSE, USD): minus 0.90 percent, P/E 994.86, market capitalization USD 6.1 billion
What comes next for the stock
The October 26 results will test whether the lower revenue and adjusted funds from operations figures from the second quarter continue into the next reporting period. The price sits only 1.51 percent above BMO Capital's new target, keeping the scheduled report and the balance between occupancy, leasing and financing costs central to the market's next assessment.
Alexandria Real Estate's closing price was USD 41.62 on October 16, 2026, with a minus 1.70 percent move versus the prior close of USD 42.34.
Alexandria Real Estate stock facts
- Company: Alexandria Real Estate Equities, Inc.
- ISIN: US0152711091
- Ticker: ARE
- Primary exchange: NYSE
- Price, as of October 16, 2026, 4:00 p.m. ET: USD 41.62
- Change versus prior close: minus 1.70 percent
- Prior close: USD 42.34 on October 15, 2026
- Market capitalization: USD 7.3 billion (as of October 16, 2026)
- 52-week range: USD 39.41-78.51 (as of October 16, 2026)
- Sector / Industry: Real Estate / REIT - Office
- Index membership: S&P 500
- Next earnings date: October 26, 2026
Market context: Market report S&P 500.
