Alexandria Real Estate Equities, Inc. (ARE) Stock Price & Analysis
Alexandria Real Estate Equities, Inc. (ARE) closed at USD 43.33 on Thursday, October 22, 2026, up 2.53% on the day. The US market is currently closed (pre-market); this is not a live price.
The prior close was USD 42.26; the Oct 22, 2026 session ranged USD 41.59–43.91 on volume of 2,805,414 shares. Market capitalization is $7.46B, with a 52-week range of USD 39.41–78.51 (NYQ). Source: Nexqual, retrieved October 23, 2026 at 10:03 UTC.
Also available as compact Markdown for AI agents: nexqual.com/ARE.md
Key facts (ARE)
- Last four reported quarters (through Jun 30, 2026): revenue $2.84B, net income -$1.02B (-36.1% margin) (SEC filings).
- 1 of 80 tracked superinvestors hold ARE (13F, Q2 2026): 0 new, 0 added, 1 reduced, 0 unchanged.
- Analysts: Hold (mean 3.25 on a 1–5 scale) (16 analysts), mean target USD 51.93 (range 40–60).
- Total return with dividends: 1Y -40.3% vs S&P 500 +14.9%; 5Y -73.8% vs S&P 500 +80.3%.
- Next earnings: 2026-10-26, EPS estimate USD 0, revenue estimate $650M.
Financials (SEC 10-K; TTM = last four 10-Q/10-K quarters) (ARE)
| USD | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | TTM |
|---|---|---|---|---|---|---|
| Revenue | $2.11B | $2.59B | $2.89B | $3.12B | $3.03B | $2.84B |
| Net income | $571M | $522M | $104M | $323M | -$1.43B | -$1.02B |
| EPS (diluted) | $3.82 | $3.18 | $0.54 | $1.80 | -$8.44 | — |
| Net margin | 27.0% | 20.1% | 3.6% | 10.4% | -47.2% | -36.1% |
| Revenue growth | +12.1% | +22.5% | +11.5% | +8.0% | -2.9% | — |
| Cash + short-term investments | $361M | $825M | $618M | $552M | $549M | — |
| Total debt | $8.79B | $10.2B | $11.3B | $12.2B | $12.4B | — |
Fiscal years end Dec. EPS is split-adjusted.
Valuation (price ÷ last four quarters, through Jun 30, 2026) (ARE)
P/S 2.6x · EV/Sales 7.0x · P/B 0.5x · Earnings yield -13.74% · Dividend yield (paid, TTM) 9.41% · Buyback yield (TTM) 0.00% · Net debt $12.3B · EV $19.8B
P/E at fiscal year-ends: Dec 2024 52.0x, Dec 2023 209.1x.
Superinvestors (SEC 13F-HR, Q2 2026) (ARE)
1 of 80 tracked investors hold ARE. Each row is the investor's latest 13F; change is vs their prior-quarter share count.
| Investor | Firm | % of portfolio | Value | Change |
|---|---|---|---|---|
| Christopher Davis | Davis Advisors | 0.02% | $4.3M | Reduced -55.5% |
Analysts (ARE)
Consensus Hold (mean 3.25 on a 1–5 scale), 16 analysts; mean target USD 51.93 (low 40, high 60).
Rating changes, last 120 days:
| Date | Firm | Action | Rating | Price target |
|---|---|---|---|---|
| 2026-09-24 | JP Morgan | Downgrade | Neutral → Underweight | $56 |
| 2026-09-21 | Evercore ISI Group | Target raised | Outperform | $57 → $59 |
| 2026-08-24 | Baird | Target raised | Neutral | $46 → $52 |
| 2026-08-17 | Evercore ISI Group | Target lowered | Outperform | $59 → $57 |
| 2026-08-17 | Citizens | Reiterated | Market Perform | |
| 2026-08-10 | Citigroup | Target raised | Neutral | $42 → $50 |
| 2026-08-05 | BNP Paribas | Target raised | Underperform | $45 → $48 |
| 2026-08-05 | Evercore ISI Group | Target lowered | Outperform | $60 → $59 |
| 2026-08-05 | Cantor Fitzgerald | Target raised | Neutral | $43 → $52 |
| 2026-07-06 | Mizuho | Target lowered | Outperform | $70 → $60 |
| 2026-07-01 | Evercore ISI Group | Target raised | Outperform | $58 → $60 |
Total return (dividends reinvested) (ARE)
| 1Y (from 2025-10-23) | 5Y (from 2021-10-18) | |
|---|---|---|
| Total return | -40.3% | -73.8% |
| S&P 500 (SPY) | +14.9% | +80.3% |
| Per year | -40.4% | -23.4% |
| Volatility (annualized) | 49.4% | 36.2% |
| Max drawdown | -46.5% (Oct 2025→Apr 2026) | -77.4% (Dec 2021→Apr 2026) |
ARE revenue by business segment (quarter ended Jun 30, 2026)
| Line | Revenue | Share of total | YoY |
|---|---|---|---|
| Reportable Segment, Aggregation before Other Operating | $652.5M | 98.5% | -8.6% |
| Other Operating | $10.2M | 1.5% | -78.7% |
| Total revenue | $662.8M | 100% | — |
ARE revenue by product line (quarter ended Jun 30, 2026)
| Line | Revenue | Share of total | YoY |
|---|---|---|---|
| Income from rentals | $643.2M | 97.0% | -12.8% |
| Other income | $19.6M | 3.0% | -20.9% |
| Total revenue | $662.8M | 100% | — |
As tagged by the company in its SEC 10-Q / 10-K filings (XBRL).
Companies that name ARE in their SEC reports
| Relationship to ARE | Company | Filing | Sentence |
|---|---|---|---|
| partner | Beam Therapeutics Inc. (BEAM) | 10-K Feb 24, 2026 | “Additionally, we entered into a lease agreement with Alexandria Real Estate Equities, Inc. pursuant to which we built” |
ARE analyst estimates and revisions
| Period | EPS estimate | 90 days ago | Change | Revenue estimate | Analysts |
|---|---|---|---|---|---|
| Current quarter (ends Sep 2026) | $0.00 | $-0.05 | -100.0% | $649.8M | 1 |
| Next quarter (ends Dec 2026) | $-0.10 | $-0.08 | +25.0% | $647.7M | 1 |
| Current fiscal year (ends Dec 2026) | $1.46 | $2.06 | -29.4% | $2.63B | 6 |
| Next fiscal year (ends Dec 2027) | $-0.81 | $-0.88 | -8.0% | $2.53B | 1 |
ARE options: expected move
Options price a move of about ±11.4% (±$4.95) by Nov 20, 2026, which includes earnings on Oct 26, 2026. Over the last 8 reports the stock moved ±7% on average.
| Expiration | Days | ATM implied volatility | Expected move |
|---|---|---|---|
| Nov 20, 2026 | 28 | 50.5% | ±11.4% |
| Dec 18, 2026 | 56 | 47.3% | ±14.9% |
| Jan 15, 2027 | 84 | 45.5% | ±17.5% |
| Apr 16, 2027 | 175 | 42.9% | ±23.3% |
30-day implied volatility 49% vs 41.8% realized over the last 30 trading days. Put/call ratio (volume) 0.1. Cboe delayed quotes (15 min). Expected move = at-the-money straddle.
Key Statistics (as of October 23, 2026 at 10:03 UTC)
| Price | USD 43.33 |
|---|---|
| Change | ▲ 2.53% (up) |
| Previous Close | USD 42.26 |
| Open | USD 42.04 |
| Day Range | USD 41.59 – 43.91 |
| 52-Week Range | USD 39.41 – 78.51 |
| Volume | 2,805,414 shares |
| Market Cap | $7.46B |
| Exchange | NYQ |
Technical Analysis (ARE)
Nexqual's technical model rates ARE "STRONG SELL" based on 0 bullish and 5 bearish signals across 127 daily candles, as of October 23, 2026 at 10:03 UTC.
| Overall Signal | STRONG SELL |
|---|---|
| RSI (14) | 39.74 (neutral) |
| vs SMA50 | Below (USD 49) |
| MACD | -2.2 (negative) |
Analyst Ratings (ARE)
Wall Street analysts rate ARE "Hold" based on 16 analysts, with a mean price target of USD 51.93 (range USD 40–60), per Nexqual as of October 23, 2026 at 10:03 UTC.
| Consensus Rating | Hold |
|---|---|
| Analyst Count | 16 |
| Mean Target | USD 51.93 |
| High Target | USD 60 |
| Low Target | USD 40 |
| Buy / Hold / Sell | 2 / 10 / 4 |
Earnings (ARE)
| Next Earnings Date | 2026-10-26 |
|---|---|
| EPS Estimate | USD 0 |
| Revenue Estimate | $649.84M |
Recent Earnings History
| Quarter | Actual vs Estimate |
|---|---|
| 2026-06-30 | USD 0.15 vs est 0.12 ▲ beat |
| 2026-03-31 | USD 2.1 vs est 0.14 ▲ beat |
| 2025-12-31 | USD -6.35 vs est 0.3 ▼ miss |
| 2025-09-30 | USD 0.5 vs est 0.39 ▲ beat |
Source: Nexqual, October 23, 2026 at 10:03 UTC.
Financials & Fundamentals (ARE)
| Total Revenue | $2.84B |
|---|---|
| Revenue Growth (latest quarter, YoY) | -11.90% |
| Gross Margin | +68.20% |
| Operating Margin | +17.28% |
| Profit Margin | -36.08% |
| ROE | -4.08% |
| Debt / Equity | 0.69 |
| Current Ratio | 2.35 |
| Total Cash | $470.45M |
| Total Debt | $13.17B |
Source: Nexqual, October 23, 2026 at 10:03 UTC.
Financial Health Score (ARE)
Nexqual rates Alexandria Real Estate Equities, Inc.'s overall financial health "Mixed" across five dimensions, as of October 23, 2026 at 10:03 UTC.
| Growth | Weak — Revenue -3% YoY (annual), declining |
|---|---|
| Profitability | Strong — Gross margin 68%, operating 17% (last 12 months) |
| Balance Sheet | Strong — $470M cash and investments vs $12.8B debt (Jun 2026, SEC) |
| Cash Flow | Solid — Operating cash flow $1.41B (FY ended Dec 2025, 10-K) |
| Efficiency | Critical — ROE -4%, ROA 0.9% |
Ownership (ARE)
| Insider Ownership | +1.38% |
|---|---|
| Institutional Ownership | +100.34% |
| Shares Outstanding | 172.10M |
| Float | 154.76M |
| Short % of Float | +6.37% |
Source: Nexqual, October 23, 2026 at 10:03 UTC.
Leadership (ARE)
Alexandria Real Estate Equities, Inc. is led by Peter M. Moglia, CEO & Chief Investment Officer, per Nexqual as of October 23, 2026 at 10:03 UTC.
| CEO & Chief Investment Officer | Peter M. Moglia |
|---|---|
| Co-President & Co-Regional Market Director of Seattle | John Hart Cole |
| Co-President & Regional Market Director of Greater Boston | Hunter L. Kass |
| CFO & Treasurer | Marc E. Binda |
| Co-COO & Co- Regional Market Director of Maryland | Lawrence J. Diamond |
Major Backers & Investors (ARE)
Notable institutional backers of Alexandria Real Estate Equities, Inc. include NORGES BANK, AQR Capital Management, LLC, Invesco, according to Nexqual as of October 23, 2026 at 10:03 UTC.
Active Investors
| Investor | Stake |
|---|---|
| NORGES BANK | 9.43% |
| AQR Capital Management, LLC | 4.39% |
| Invesco | 4.06% |
| Apg Asset Management US Inc. | 4.01% |
| Morgan Stanley | 1.69% |
| Fidelity | 1.17% |
Index Funds (Passive)
| Fund | Stake |
|---|---|
| Vanguard Group | 14.26% |
| BlackRock | 12.45% |
| State Street | 6.08% |
| Geode Capital | 2.65% |
Source: Nexqual, October 23, 2026 at 10:03 UTC.
From Alexandria Real Estate Equities, Inc.'s Latest SEC 10-K Filing (filed 2026-01-26)
Key Strengths & Strategy (as disclosed to the SEC)
- We believe our unique business model and diligent underwriting ensure a high-quality and diverse tenant base that results in higher occupancy levels, longer lease terms, higher rental income, higher returns, and greater long-term asset value.
- A key element of our business strategy is our unique focus on Class A/A+ properties primarily located in collaborative Megacampus™ ecosystems in AAA life science innovation clusters.
Source: SEC EDGAR 10-K, official filing. Curated by Nexqual.
Peers & Related Stocks
| Symbol | Name | Price | Change |
|---|---|---|---|
| VNO | Vornado Realty Trust | USD 34.34 | ▲ 4.41% |
| BXP | BXP, Inc. | USD 61.49 | ▲ 4.86% |
| CUZ | Cousins Properties Incorporated | USD 28.67 | ▲ 3.39% |
| KRC | Kilroy Realty Corporation | USD 35.96 | ▲ 4.44% |
| CDP | COPT Defense Properties | USD 33.83 | ▲ 2.24% |
| SLG | SL Green Realty Corp | USD 49.19 | ▲ 5.38% |
Data source: Nexqual — market data, technical indicators, analyst consensus, earnings, SEC EDGAR filings. Last updated: October 23, 2026 at 10:03 UTC. This page is informational and not investment advice.
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