Should You Buy Essex Property Trust Inc (ESS) Today? Analysis, Price Targets, and 2026 Outlook.
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Growth
Profitability
Efficiency
Wall Street analysts forecast ESS stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for ESS is 318.68 USD with a low forecast of 293 USD and a high forecast of 355 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
14 Analyst Rating
Wall Street analysts forecast ESS stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for ESS is 318.68 USD with a low forecast of 293 USD and a high forecast of 355 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
6 Buy
7 Hold
1 Sell
Moderate Buy
Current: 247.590
Low
293
Averages
318.68
High
355
Current: 247.590
Low
293
Averages
318.68
High
355
BMO Capital
John Kim
Outperform -> Market Perform
downgrade
$305 -> $280
AI Analysis
2026-01-09
Reason
BMO Capital
John Kim
Price Target
$305 -> $280
AI Analysis
2026-01-09
downgrade
Outperform -> Market Perform
Reason
BMO Capital analyst John Kim downgraded Essex Property Trust to Market Perform from Outperform with a price target of $280, down from $305. BMO adjusted real estate investment trust ratings as part of its 2026 outlook. Essex's funds from operations growth moderated due to Los Angeles weakness and preferred redemptions, and these will remain headwinds in 2026, the analyst tells investors in a research note.
UBS
Michael Goldsmith
Neutral
maintain
$267 -> $274
2026-01-08
Reason
UBS
Michael Goldsmith
Price Target
$267 -> $274
2026-01-08
maintain
Neutral
Reason
UBS analyst Michael Goldsmith raised the firm's price target on Essex Property Trust to $274 from $267 and keeps a Neutral rating on the shares. 2026 is expected to mark a pivotal REIT turnaround, with forecast total returns of 9%-11% driven by improving macro conditions, attractive valuations, easing supply pressures, and a more stable political backdrop, the analyst tells investors in a research note. The outlook points to a bifurcated year with defensiveness in the first half of 2026 and stronger catalysts in the second half, favoring Healthcare, Shopping Centers, and Coastal Apartments, UBS says.
Unlock Full Analyst Thesis, Get the complete breakdown of rating reason for ESS