Should I Buy SKT? SKT 2026 Analysis

Should You Buy Tanger Inc (SKT) Today? Analysis, Price Targets, and 2026 Outlook.

Conclusion

Hold

Latest Price

32.910

1 Day change

1.86%

52 Week Range

36.420

Analysis Updated At

2026/01/26

Tanger Inc (SKT) is not an optimal buy for a beginner investor with a long-term strategy at this moment. While the company's financial performance shows strong growth trends, the technical indicators suggest a bearish trend, with oversold conditions and negative momentum. Insider selling and a lack of strong trading signals further weaken the case for immediate investment. Additionally, mixed analyst ratings and a recent downgrade indicate limited upside potential in the short term. For a long-term investor, it may be better to wait for more favorable entry points or clearer positive catalysts.

Technical Analysis

The MACD is negative and expanding, indicating bearish momentum. RSI is at 19.133, suggesting the stock is oversold. Moving averages are converging, showing no clear trend. The stock is trading near its S1 support level of 32.474, with resistance at 33.442. Overall, the technical indicators point to a bearish trend.

Options Data

Neutral

Open Interest Put-Call Ratio

Bullish

Option Volume Put-Call Ratio

Technical Summary

Sell

Buy

Positive Catalysts

Strong Q3 financial performance with revenue up 9.18% YoY, net income up 29.15% YoY, and EPS up 27.27% YoY. Gross margin also improved slightly. Analysts from Barclays and BofA raised price targets, with BofA maintaining a Buy rating.

Neutral/Negative Catalysts

Insider selling has increased by 169.30% over the last month. Citi downgraded the stock to Neutral, citing better opportunities in other REITs. Technical indicators show bearish momentum, and the stock is projected to decline in the short term. No recent news or congress trading data to support a positive sentiment.

Financial Performance

In Q3 2025, Tanger Inc reported strong financial growth: Revenue increased by 9.18% YoY to $145.2M, net income rose by 29.15% YoY to $31.8M, and EPS improved by 27.27% YoY to 0.28. Gross margin slightly increased to 69.83%.

Growth

Profitability

Efficiency

Analyst Ratings and Price Target Trends

Analyst sentiment is mixed. Citi downgraded the stock to Neutral with a price target of $35, citing better opportunities in other REITs. Barclays raised its price target to $37 but maintained an Equal Weight rating. BofA raised its target to $39 and maintained a Buy rating, citing strong Q3 earnings and above-average FFO growth.

9 Analyst Rating

Wall Street analysts forecast SKT stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for SKT is 36.89 USD with a low forecast of 33 USD and a high forecast of 40 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.

4 Buy

5 Hold

0 Sell

Moderate Buy

Current: 32.310

Low

Averages

36.89

High

Current: 32.310

Low

Averages

36.89

High

Citi

Buy -> Neutral

downgrade

$38 -> $35

AI Analysis

2025-11-18

Reason

Citi

Price Target

$38 -> $35

AI Analysis

2025-11-18

downgrade

Buy -> Neutral

Reason

Citi downgraded Tanger to Neutral from Buy with a price target of $35, down from $38.

Citi

Craig Mailman

Buy -> Neutral

downgrade

$38 -> $35

2025-11-18

Reason

Citi

Craig Mailman

Price Target

$38 -> $35

2025-11-18

downgrade

Buy -> Neutral

Reason

Citi analyst Craig Mailman downgraded Tanger (SKT) to Neutral from Buy with a price target of $35, down from $38. The firm sees better upside in shares of Curbline Properties (CURB) and Acadia Realty Trust (AKR). Citi adjusted ratings in the real estate investment trust space, favoring companies with "outsized" earnings growth.

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SKT Should I Buy

SKT Should I Buy

Should You Buy Tanger Inc (SKT) Today? Analysis, Price Targets, and 2026 Outlook.

Technical Analysis

Options Data

Technical Summary

Positive Catalysts

Neutral/Negative Catalysts

Financial Performance

Growth

Profitability

Efficiency

Analyst Ratings and Price Target Trends

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