Welltower Inc. — Wall Street Analyst Estimates & Price Targets

WELL

NYSEReal EstateREIT - Healthcare FacilitiesCIK 0000766704welltower.comAbout WELL

Last close · Oct 16, 2026234.85+0.22 (+0.09%)

Market cap$169.2B

10 firms' latest targets, last 90 days: median $260.00 ($246.00–$275.00), 11% 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 · 10 firms

Date	Firm	Target	Previous	Change	Vs price then	Vs price now
2026-10-13	Barclays	$246.00	$259.00	▼ 5%	+7%	+5%
2026-09-21	Evercore ISI	$256.00	$260.00	▼ 2%	+10%	+9%
2026-09-15	Jefferies	$275.00	$248.00	▲ 11%	+17%	+17%
2026-09-02	Scotiabank	$251.00	$248.00	▲ 1%	+5%	+7%
2026-09-01	Morgan Stanley	$251.00	$215.00	▲ 17%	+6%	+7%
2026-09-01	Wells Fargo	$266.00	$218.00	▲ 22%	+13%	+13%
2026-08-04	KeyBanc	$275.00	$240.00	▲ 15%	+18%	+17%
2026-08-03	RBC Capital	$260.00	$238.00	▲ 9%	+11%	+11%
2026-07-31	Cantor Fitzgerald	$260.00	$230.00	▲ 13%	+11%	+11%
2026-07-22	Mizuho Securities	$260.00	$239.00	▲ 9%	+6%	+11%

Consensus estimates

revenue and EPS by fiscal year · reported years marked

FY	Revenue	YoY	EPS	YoY	Revenue range	EPS range	Analysts
2023reported	$4.8B	+14%	$0.66	+120%	est. $6.5B-27%	est. $0.76	8
2024reported	$6.0B	+27%	$1.57	+138%	est. $7.7B-22%	est. $1.79	5
2025reported	$8.5B	+40%	$1.39	-11%	est. $10.3B-18%	est. $1.83	5
2026	$14.2B	+68%	$2.86	+57%	$14.1B–$14.3B	$2.85–$2.88	5
2027	$16.3B	+15%	$3.25	+14%	$16.2B–$16.3B	$3.13–$3.37	5
2028	$18.1B	+11%	$3.96	+22%	$15.8B–$19.8B	$2.74–$4.77	4
2029	$18.8B	+4%	$5.44	+37%	$17.7B–$19.7B	$5.04–$5.79	2
2030	$30.0B	+60%	$5.80	+7%	$28.3B–$31.5B	$5.38–$6.17	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

$260.00median target, 11% above the last close

Firms with a target · last 90 days: 10
Lowest – highest target: $246.00 – $275.00
Current grades of 14 firms: positive / neutral / negative: 13 / 1 / 0
Upgrades / downgrades · 12 months: 2 / 2
Consensus revenue growth · next 3 FY: +29% a year

Current grades

each firm's latest · 14 firms

As of	Firm	Grade
2026-10-13	Barclays	“Equal Weight”
2026-09-24	J.P. Morgan	“Overweight”
2026-09-21	Evercore ISI	“Outperform”
2026-09-02	Scotiabank	“Sector Outperform”
2026-09-01	Morgan Stanley	“Overweight”
2026-09-01	Wells Fargo	“Overweight”
2026-08-04	Keybanc	“Overweight”
2026-08-03	RBC Capital	“Outperform”
2026-07-31	Cantor Fitzgerald	“Overweight”
2026-07-31	Citigroup	“Buy”

4 more

2026-07-22	Mizuho	“Outperform”
2026-07-08	UBS	“Buy”
2026-07-01	Deutsche Bank	“Buy”
2026-05-13	Jefferies	“Buy”

Grade changes

last 24 months · 8

Date	Firm	Grade
2026-09-24	J.P. Morgan	“Neutral” → “Overweight” upgrade
2026-07-07	Barclays	“Overweight” → “Equal Weight” downgrade
2025-12-18	J.P. Morgan	“Overweight” → “Neutral” downgrade
2025-11-05	Evercore ISI	“In Line” → “Outperform” upgrade
2025-04-08	Wells Fargo	“Equal Weight” → “Overweight” upgrade
2025-02-28	RBC Capital Mkts	“Sector Perform” → “Outperform” upgrade
2025-02-14	Wedbush	“Neutral” → “Outperform” upgrade
2025-01-02	Jefferies	“Hold” → “Buy” upgrade

52 older than 24 months

2024-10-01	Wells Fargo	“Overweight” → “Equal Weight” downgrade
2023-12-18	J.P. Morgan	“Neutral” → “Overweight” upgrade
2023-11-28	RBC Capital	“Outperform” → “Sector Perform” downgrade
2023-11-09	Raymond James	“Outperform” → “Strong Buy” upgrade
2023-10-12	J.P. Morgan	“Overweight” → “Neutral” downgrade
2023-07-14	Evercore ISI	“Outperform” → “In Line” downgrade
2023-06-23	Raymond James	“Strong Buy” → “Outperform” downgrade
2023-04-11	Evercore ISI	“In Line” → “Outperform” upgrade
2023-04-06	Citigroup	“Neutral” → “Buy” upgrade
2023-01-09	Raymond James	“Outperform” → “Strong Buy” upgrade
2022-11-21	Evercore ISI	“Outperform” → “In Line” downgrade
2022-11-01	Raymond James	“Strong Buy” → “Outperform” downgrade
2022-10-10	Baird	“Outperform” → “Neutral” downgrade
2022-08-11	SMBC Nikko	“Outperform” → “Neutral” downgrade
2022-06-22	J.P. Morgan	“Neutral” → “Overweight” upgrade
2022-05-18	Credit Suisse	“Neutral” → “Outperform” upgrade
2022-04-04	Scotiabank	“Sector Perform” → “Sector Outperform” upgrade
2022-01-20	Mizuho	“Neutral” → “Buy” upgrade
2021-12-20	J.P. Morgan	“Overweight” → “Neutral” downgrade
2021-08-26	BMO Capital	“Market Perform” → “Outperform” upgrade
2021-08-03	Berenberg	“Hold” → “Buy” upgrade
2021-06-25	BMO Capital	“Underperform” → “Market Perform” upgrade
2021-06-23	Scotiabank	“Underperform” → “Sector Perform” upgrade
2021-06-15	Raymond James	“Market Perform” → “Strong Buy” upgrade
2021-06-14	Evercore ISI	“In Line” → “Outperform” upgrade
2021-05-21	CapitalOne Southecoast	“Equal Weight” → “Overweight” upgrade
2021-05-03	RBC Capital	“Sector Perform” → “Outperform” upgrade
2021-04-08	SMBC Nikko	“Neutral” → “Outperform” upgrade
2021-03-30	Bank of America	“Neutral” → “Buy” upgrade
2021-01-08	BMO Capital	“Market Perform” → “Underperform” downgrade
2020-12-21	J.P. Morgan	“Neutral” → “Overweight” upgrade
2020-12-14	KeyBanc	“Sector Weight” → “Overweight” upgrade
2020-12-02	Berenberg	“Buy” → “Hold” downgrade
2020-11-30	Bank of America	“Underperform” → “Neutral” upgrade
2020-11-16	Wells Fargo	“Overweight” → “Equal Weight” downgrade
2020-11-13	Evercore ISI	“Outperform” → “In Line” downgrade
2020-11-10	Jefferies	“Underperform” → “Hold” upgrade
2020-10-16	Mizuho	“Buy” → “Neutral” downgrade
2020-08-20	Raymond James	“Outperform” → “Market Perform” downgrade
2020-06-15	Evercore ISI	“In Line” → “Outperform” upgrade
2020-04-29	Raymond James	“Strong Buy” → “Outperform” downgrade
2020-03-23	Bank of America	“Neutral” → “Underperform” downgrade
2020-03-10	Jefferies	“Hold” → “Underperform” downgrade
2020-02-28	Raymond James	“Market Perform” → “Strong Buy” upgrade
2020-01-06	Evercore ISI	“In Line” → “Outperform” upgrade
2019-12-18	J.P. Morgan	“Overweight” → “Neutral” downgrade
2019-10-01	Barclays	“Overweight” → “Equal Weight” downgrade
2019-06-13	Raymond James	“Outperform” → “Market Perform” downgrade
2019-05-07	BMO Capital	“Market Perform” → “Outperform” upgrade
2019-05-01	Evercore ISI	“Underperform” → “In Line” upgrade
2018-12-10	Scotiabank	“Sector Perform” → “Perform” revised
2018-05-21	Raymond James	“Market Perform” → “Outperform” upgrade

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.