Simon Property Group, Inc. — Wall Street Analyst Estimates & Price Targets

SPG

NYSEReal EstateREIT - RetailCIK 0001063761simon.comAbout SPG

Last close · Oct 16, 2026205.44+2.05 (+1.01%)

Market cap$66.5B

8 firms' latest targets, last 90 days: median $218.50 ($205.00–$254.00), 6% above the last close.

Price and published targets

daily close, 12 months · each dot a target, a firm's latest darker

Each firm's latest target

last 90 days · 8 firms

Date	Firm	Target	Previous	Change	Vs price then	Vs price now
2026-10-12	Piper Sandler	$254.00	$285.00	▼ 11%	+27%	+24%
2026-10-09	UBS	$205.00	$222.00	▼ 8%	+3%	+0%
2026-10-09	BNP Paribas Exane	$222.00	—	—	+11%	+8%
2026-09-28	Barclays	$208.00	$215.00	▼ 3%	+2%	+1%
2026-09-21	Evercore ISI	$216.00	$219.00	▼ 1%	+5%	+5%
2026-09-17	Scotiabank	$221.00	$222.00	= 0%	+8%	+8%
2026-08-27	Mizuho Securities	$226.00	$192.00	▲ 18%	+4%	+10%
2026-08-11	Stifel	$209.00	$194.00	▲ 8%	-5%	+2%

Consensus estimates

revenue and EPS by fiscal year · reported years marked

FY	Revenue	YoY	EPS	YoY	Revenue range	EPS range	Analysts
2023reported	$5.7B	+7%	$6.98	+7%	est. $5.3B+7%	est. $6.41	7
2024reported	$6.0B	+5%	$7.26	+4%	est. $5.5B+9%	est. $7.06	4
2025reported	$6.4B	+7%	$14.17	+95%	est. $5.8B+10%	est. $6.93	7
2026	$6.7B	+5%	$6.66	-4%	$6.6B–$6.9B	$6.57–$6.70	5
2027	$7.0B	+4%	$6.99	+5%	$6.9B–$7.3B	$6.95–$7.09	6
2028	$7.2B	+3%	$7.46	+7%	$6.9B–$7.4B	$6.69–$7.88	5
2029	$8.0B	+11%	$7.66	+3%	$7.8B–$8.1B	$7.45–$7.89	2
2030	$8.3B	+5%	$7.65	+0%	$8.2B–$8.5B	$7.44–$7.88	2

A reported year shows the company's figures, with the consensus beside it (revenue against it in %). Reported EPS is GAAP diluted; the analysts' EPS usually leaves items such as stock compensation out, so the two are not like for like. Faded: a year the valuation models do not read — they read the first 3, and a later one only while 10 or more analysts cover every year up to it — or one under 5 analysts.

The analysts at a glance

$218.50median target, 6% above the last close

Firms with a target · last 90 days: 8
Lowest – highest target: $205.00 – $254.00
Current grades of 14 firms: positive / neutral / negative: 3 / 11 / 0
Upgrades / downgrades · 12 months: 0 / 1
Consensus revenue growth · next 3 FY: +4% a year

Current grades

each firm's latest · 14 firms

As of	Firm	Grade
2026-10-12	Piper Sandler	“Overweight”
2026-10-09	UBS	“Neutral”
2026-09-28	Barclays	“Equal Weight”
2026-09-21	Evercore ISI	“In Line”
2026-09-17	Scotiabank	“Sector Perform”
2026-08-27	Mizuho	“Neutral”
2026-08-17	Citigroup	“Neutral”
2026-08-11	Ladenburg Thalmann	“Buy”
2026-08-11	Stifel	“Hold”
2026-07-01	Wolfe Research	“Peer Perform”

4 more

2026-06-29	Bank of America	“Buy”
2026-06-23	Truist	“Hold”
2026-06-10	Morgan Stanley	“Equal Weight”
2026-06-01	J.P. Morgan	“Neutral”

Grade changes

last 24 months · 4

Date	Firm	Grade
2026-07-01	Wolfe Research	“Outperform” → “Peer Perform” downgrade
2025-09-15	Evercore ISI	“Outperform” → “In Line” downgrade
2025-04-08	Stifel	“Hold” → “Buy” upgrade
2025-02-05	Piper Sandler	“Neutral” → “Overweight” upgrade

40 older than 24 months

2024-09-16	Evercore ISI	“In Line” → “Outperform” upgrade
2024-09-12	Stifel	“Buy” → “Hold” downgrade
2024-09-03	Piper Sandler	“Overweight” → “Neutral” downgrade
2023-12-21	Morgan Stanley	“Overweight” → “Equal Weight” downgrade
2023-08-03	Evercore ISI	“Outperform” → “In Line” downgrade
2023-07-06	Wolfe Research	“Peer Perform” → “Outperform” upgrade
2022-10-18	Wolfe Research	“Peer Perform” → “Perform” revised
2022-06-30	Jefferies	“Buy” → “Hold” downgrade
2021-09-22	Argus Research	“Hold” → “Buy” upgrade
2021-08-04	Bank of America	“Neutral” → “Buy” upgrade
2021-07-20	Stifel	“Hold” → “Buy” upgrade
2021-04-26	Evercore ISI	“In Line” → “Outperform” upgrade
2021-04-16	Jefferies	“Hold” → “Buy” upgrade
2021-02-11	Morgan Stanley	“Equal Weight” → “Overweight” upgrade
2020-12-16	Edward Jones	“Hold” → “Sell” downgrade
2020-12-02	Argus Research	“Buy” → “Hold” downgrade
2020-06-11	Raymond James	“Outperform” → “Market Perform” downgrade
2020-05-07	Wells Fargo	“Overweight” → “Equal Weight” downgrade
2020-03-18	Deutsche Bank	“Hold” → “Buy” upgrade
2020-02-14	CFRA	“Hold” → “Sell” downgrade
2020-01-07	BMO Capital	“Outperform” → “Market Perform” downgrade
2019-12-18	J.P. Morgan	“Overweight” → “Neutral” downgrade
2019-09-23	Citigroup	“Buy” → “Neutral” downgrade
2019-02-15	Mizuho	“Buy” → “Neutral” downgrade
2018-10-05	J.P. Morgan	“Neutral” → “Overweight” upgrade
2018-03-27	J.P. Morgan	“Overweight” → “Neutral” downgrade
2017-06-20	Goldman Sachs	“Neutral” → “Buy” upgrade
2017-03-17	Goldman Sachs	“Buy” → “Neutral” downgrade
2017-01-19	Truist	“Buy” → “Hold” downgrade
2016-08-03	Mizuho	“Buy” → “Neutral” downgrade
2016-08-02	RBC Capital	“Outperform” → “Sector Perform” downgrade
2016-03-07	Evercore ISI	“Hold” → “Buy” upgrade
2015-11-16	Evercore ISI	“Buy” → “Hold” downgrade
2014-08-26	BMO Capital	“Outperform” → “Market Perform” downgrade
2013-12-02	Morgan Stanley	“Equal Weight” → “Overweight” upgrade
2013-08-23	BMO Capital	“Market Perform” → “Outperform” upgrade
2013-04-11	BMO Capital	“Market Perform” → “Perform” revised
2012-12-06	UBS	“Neutral” → “Buy” upgrade
2012-11-02	Stifel	“Hold” → “Buy” upgrade
2012-10-17	Imperial Capital	“Outperform” → “In Line” downgrade

Targets, grades and estimates are quoted from third parties (via Financial Modeling Prep) and are theirs, not ours; each target links to the report it was published in. A firm counts once, at its latest target or grade.