Should I Buy TRNO? TRNO 2026 Analysis

Should You Buy Terreno Realty Corp (TRNO) Today? Analysis, Price Targets, and 2026 Outlook.

Conclusion

Buy

Latest Price

60.810

1 Day change

-1.03%

52 Week Range

69.200

Analysis Updated At

2026/01/26

Terreno Realty Corp (TRNO) is a good buy for a beginner investor with a long-term strategy and $50,000-$100,000 available for investment. The stock has strong financial growth, positive analyst sentiment, and hedge fund buying activity, which align well with a long-term investment strategy. The technical indicators also suggest bullish momentum, and the pre-market price is trending positively.

Technical Analysis

The technical indicators for TRNO are bullish. The MACD histogram is positive at 0.358, indicating upward momentum. The RSI_6 is at 69.063, which is neutral but close to overbought territory, suggesting strength in the stock. The moving averages (SMA_5 > SMA_20 > SMA_200) confirm a bullish trend. The stock is trading above key pivot levels, with resistance levels at R1: 62.74 and R2: 63.779, and support at S1: 59.379 and S2: 58.34.

Options Data

Bullish

Open Interest Put-Call Ratio

Bullish

Option Volume Put-Call Ratio

Technical Summary

Sell

Buy

Positive Catalysts

Hedge funds are significantly increasing their holdings, with buying activity up 891.74% in the last quarter.
Analysts have a favorable outlook, with multiple upgrades and price target increases.
Strong financial performance in Q3 2025, with revenue up 16.67% YoY, net income up 182.07% YoY, and EPS up 170.27% YoY.
Positive pre-market price movement, up 0.80%.

Neutral/Negative Catalysts

No recent news events or major catalysts in the last week.
Insider trading activity is neutral, with no significant trends.
Congress trading data is unavailable, which limits visibility into political sentiment.

Financial Performance

Terreno Realty delivered strong financial results in Q3 2025. Revenue increased by 16.67% YoY to $116.25M, net income surged by 182.07% YoY to $102.91M, EPS rose by 170.27% YoY to 1, and gross margin improved to 75.71%, up 1.88% YoY. These metrics indicate robust growth and operational efficiency.

Growth

Profitability

Efficiency

Analyst Ratings and Price Target Trends

Analysts have a positive outlook on TRNO. Recent upgrades include Baird upgrading to Outperform with a price target of $64, and Piper Sandler upgrading to Overweight with a price target of $75. Cantor Fitzgerald and KeyBanc also maintain Overweight ratings with price targets of $67 and $68, respectively. The consensus reflects optimism about the company's portfolio quality, stable fundamentals, and potential for double-digit FFO growth in 2026.

11 Analyst Rating

Wall Street analysts forecast TRNO stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for TRNO is 66.36 USD with a low forecast of 56 USD and a high forecast of 75 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.

8 Buy

2 Hold

1 Sell

Moderate Buy

Current: 61.440

Low

Averages

66.36

High

Current: 61.440

Low

Averages

66.36

High

Baird

Neutral -> Outperform

upgrade

$63 -> $64

AI Analysis

2026-01-08

Reason

Baird

Price Target

$63 -> $64

AI Analysis

2026-01-08

upgrade

Neutral -> Outperform

Reason

Baird upgraded Terreno Realty to Outperform from Neutral with a price target of $64, up from $63. The firm says that with stock valuations reflecting anticipated fundamental improvements, the industrial real estate sector's risk/reward appears balanced. As such, it moved to an Market Weight from Overweight sector position. Baird views Terreno's setup as more favorable entering 2026. While coastal markets have been relative laggards in demand, the company's portfolio could benefit from changing macro conditions, says Baird.

Cantor Fitzgerald

Overweight

downgrade

$70 -> $67

2026-01-05

Reason

Cantor Fitzgerald

Price Target

$70 -> $67

2026-01-05

downgrade

Overweight

Reason

Cantor Fitzgerald lowered the firm's price target on Terreno Realty to $67 from $70 and keeps an Overweight rating on the shares. U.S. equity REITs returned 2.9% in 2025, lagging the S&P 500, but 2026 may offer optimism with a potentially more supportive macro environment and an accelerating M&A theme, the analyst tells investors in a research note. Stable supply and demand fundamentals, balance sheet strength, and a well-covered, growing 4% dividend yield make the sector attractive despite past underperformance, Cantor adds.

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TRNO Should I Buy

TRNO Should I Buy

Should You Buy Terreno Realty Corp (TRNO) 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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