
iStar Inc (SAFE) Stock Forecast & Price Target
iStar Inc (SAFE) Analyst Ratings
Bulls say
Safehold is well positioned for long-term success due to its innovative business model of acquiring and managing ground leases, which provides stable and predictable cash flow. The company has a strong backlog of $6.4bn in 3Q and a projected $4bn revenue for FY28, demonstrating solid demand for its services. While there may be some risks, such as potential margin growth slowdown and litigation overhang, the company's focus on sustainability and its new battery technology could offset these concerns and lead to upside potential.
Bears say
Safehold is facing several challenges, including supply issues, late delivery penalties, and logistical issues due to bottlenecks and delays. These issues have led to a revenue guide down and negative adj. EBITDA forecast. Furthermore, the company's cautious approach to committing domestic volumes and focus on right sizing growth in order to avoid additional capital and target positive operating cash flow may hinder its overall performance. Additionally, Safehold does not have a clear timeline for addressing their main supply issue, causing concerns about their ability to address and resolve challenges in a timely manner.
This aggregate rating is based on analysts' research of iStar Inc and is not a guaranteed prediction by Public.com or investment advice.
iStar Inc (SAFE) Analyst Forecast & Price Prediction
Start investing in iStar Inc (SAFE)
Order type
Buy in
Order amount
Est. shares
0 shares