
Agree Realty (ADC) Stock Forecast & Price Target
Agree Realty (ADC) Analyst Ratings
Bulls say
Agree Realty Corporation has demonstrated a solid financial foundation, with increased adjusted funds from operations (AFFO) per share estimates for 2025 and 2026, reflecting strong performance in the third quarter of 2025. The company has raised its investment guidance by $75 million and continues to benefit from robust acquisitions along with a lower cost of debt, contributing to an enhanced outlook. Furthermore, Agree Realty's tenant portfolio comprises 68% investment-grade-rated tenants, supporting the stability of rental income and positioning the company for future growth.
Bears say
The analysis indicates a negative outlook for Agree Realty Corporation primarily due to its decreasing exposure to key sectors such as dollar stores and pharmacies, which have declined by 87 basis points and 30 basis points year-over-year, with no anticipated recovery in the near term. Economic headwinds, including weak consumer spending and rising interest rates, pose significant risks to the company's ability to access capital and maintain its acquisition pace, critical for sustaining its market multiple. Additionally, the potential for credit issues arising from large tenants could further destabilize the portfolio, amidst increasing concerns about inflation's impact on net-lease REITs compared to the broader equity market.
This aggregate rating is based on analysts' research of Agree Realty and is not a guaranteed prediction by Public.com or investment advice.
Agree Realty (ADC) Analyst Forecast & Price Prediction
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