Evercore keeps a USD 13 target for Douglas Emmett stock

Published on 10/01/2026 at 20:26 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Second-quarter revenue rose 2.00 percent to USD 256.55 million. Douglas Emmett stock costs EUR 8.58 on October 1, 2026 after EUR 8.43.

DEI, US25960P1093, Illustration mit AI erstellt.

Douglas Emmett (US25960P1093) was trading at EUR 8.58 at Lang & Schwarz on October 1, 2026 at 8:14 p.m. CEST, up 1.78 percent versus the prior close of EUR 8.43. The latest analyst action came from Evercore ISI on September 21, 2026, which maintained a Hold rating and a USD 13.00 price target, according to Markets Insider.

Evercore keeps a USD 13 target

Evercore ISI held its valuation view as higher interest costs continued to weigh on the real estate investment trust. The USD 13.00 target is a dated analyst reference, not a euro price for the German trading perspective.

Scotiabank took a more cautious step on September 17, 2026, cutting its target from USD 13.00 to USD 12.00 while retaining a Sector Perform rating, as reported by MarketBeat.

Second-quarter revenue grows 2.00 percent

For the second quarter of 2026, Douglas Emmett reported USD 256.55 million in revenue, up 2.00 percent from USD 252.43 million in the same period of 2025. The company also posted a GAAP net loss of USD 2.68 million, compared with a USD 5.84 million loss a year earlier, according to Markets Insider.

The earnings-call materials for the quarter showed USD 56 million of adjusted funds from operations, up from USD 54 million in the second quarter of 2025, while funds from operations remained USD 0.37 per diluted share. Office leasing reached 960,000 square feet across 234 leases, and straight-line lease value increased 3.20 percent compared with expiring leases, according to The Globe and Mail.

Stock trades higher in euros

The Lang & Schwarz quote puts the October 1, 2026 move at plus 1.78 percent against the September 30, 2026 prior close. Douglas Emmett also declared a USD 0.19 quarterly dividend payable on October 15, 2026, equal to USD 0.76 annualized, according to StockTitan. The company is listed on the New York Stock Exchange and owns office and multifamily properties in Los Angeles and Honolulu, according to Douglas Emmett.