Agree Realty Corporation (ADC) Price Target Analysis
Wall Street analyst price targets, ratings consensus & upside potential · Updated May 1, 2026
Current Price
$76.50
Price Target
$83.50
Target Range
$75.00 — $91.00
Analyst Rating
Buy
Forward P/E39.0x
Trailing P/E43.2x
Forward PEG113.96
Implied Growth+7.5%
Median Target$83.00
Analyst Spread19.2%
Price Forecast (1 Year)
Last 12 months price action with 12-month analyst target path
Bear Case
$75
-2.0%
Consensus
$84
+9.2%
Bull Case
$91
+19.0%
Valuation Model TargetsConfidence: 72/100
Bear$88
Base$94
Bull$169
ADC Price Target Analysis
Updated May 7, 2026As of May 7, 2026, Agree Realty Corporation (ADC) has a Wall Street consensus price target of $83.50, based on estimates from 32 covering analysts. With the stock currently trading at $76.50, this represents a potential upside of +9.2%. The company has a market capitalization of $9.19B.
Analyst price targets range from a low of $75.00 to a high of $91.00, representing a 19% spread in expectations. The median target of $83.00 aligns closely with the consensus average. The tight target dispersion indicates high conviction among analysts.
The current analyst consensus rating is Buy, with 23 analysts rating the stock as a Buy or Strong Buy,9 rating it Hold, and 0 rating it Sell or Strong Sell. This overwhelmingly bullish sentiment suggests analysts see significant catalysts for upside ahead.
From a valuation perspective, ADC trades at a trailing P/E of 43.2x and forward P/E of 39.0x. The forward PEG ratio of 113.96 reflects a premium valuation. Analysts expect EPS to grow +7.5% over the next year.
Our proprietary valuation model, which blends historical multiples with forward estimates, suggests a base-case price target of $93.77, with bear and bull scenarios of $87.69 and $169.31 respectively. Model confidence stands at 72/100, indicating high predictability in the company's fundamentals.
Investment Context: Price targets represent analyst expectations for the next 12 months and should be considered alongside your own research. Targets are based on analysts' assumptions about earnings growth, margins, and market conditions which may change. For sector-specific context, view other Real Estate stocks.
Analyst Sentiment Comparison
Industry Peer AnalysisAvg Peer Upside+4.7%
Avg Forward P/E38.0x
Peers with Coverage10 / 10
| Company | Market Cap | Price | Target | Upside | Rating | Fwd P/E | Analysts |
|---|---|---|---|---|---|---|---|
 NNNNNN REIT, Inc. | $8.5B | $44.71 | $46.06 | +3.0% | Hold | 21.8x | 29 |
 ORealty Income Corporation | $59.7B | $64.01 | $65.25 | +1.9% | Hold | 38.5x | 34 |
 EPRTEssential Properties Realty Trust, Inc. | $6.8B | $31.40 | $36.50 | +16.2% | Buy | 24.1x | 22 |
 NTSTNETSTREIT Corp. | $1.7B | $20.57 | $22.03 | +7.1% | Buy | 65.4x | 18 |
 WPCW. P. Carey Inc. | $16.2B | $73.85 | $73.20 | -0.9% | Hold | 29.3x | 20 |
 GTYGetty Realty Corp. | $2.0B | $33.08 | $34.00 | +2.8% | Buy | 22.0x | 13 |
 FCPTFour Corners Property Trust, Inc. | $2.8B | $25.41 | $27.00 | +6.3% | Hold | 21.8x | 15 |
 PINEAlpine Income Property Trust, Inc. | $279M | $19.48 | $20.75 | +6.5% | Buy | 58.8x | 12 |
 PECOPhillips Edison & Company, Inc. | $5.1B | $40.28 | $39.60 | -1.7% | Buy | 54.1x | 14 |
 WMTWalmart Inc. | $1.0T | $130.08 | $137.04 | +5.4% | Buy | 44.7x | 64 |
Upside Potential Comparison
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Start ComparisonADC — Frequently Asked Questions
Quick answers to the most common questions about buying ADC stock.
What is the ADC stock price target for 2026?
The consensus price target for ADC is $83.5, close to the current price of $76.5 (9.2% implied move). Based on 32 analyst estimates, the stock appears fairly valued near current levels.
Is ADC a buy, sell, or hold?
ADC has a consensus rating of "Buy" based on 32 Wall Street analysts. The rating breakdown is predominantly bullish, with 23 Buy/Strong Buy ratings. The consensus 12-month price target of $83.5 implies 9.2% upside from current levels.
Is ADC stock overvalued or undervalued?
At a forward P/E of 39.0306x, ADC trades at a premium valuation. The consensus price target of $83.5 (9.2% upside) suggests analysts may view current valuations as stretched.
How high can ADC stock go?
The most bullish Wall Street analyst has a price target of $91 for ADC, while the most conservative target is $75. The consensus of $83.5 represents the median expectation. Our quantitative valuation model projects a bull case target of $169 based on optimistic growth and margin assumptions. These targets typically reflect 12-month expectations.
How many analysts cover ADC stock?
ADC is heavily covered by Wall Street, with 32 analysts providing price targets and ratings. Of these, 1 have Strong Buy ratings, 22 have Buy ratings, 9 recommend Hold, and 0 have Sell or Strong Sell ratings. Higher analyst coverage generally indicates greater institutional interest and more reliable consensus estimates.
What is the ADC stock forecast?
The 12-month ADC stock forecast based on 32 Wall Street analysts shows a consensus price target of $83.5, with estimates ranging from $75 (bear case) to $91 (bull case). The median consensus rating is "Buy". Our proprietary valuation model produces a base case fair value of $94, with bear/bull scenarios of $88/$169.
What is ADC's fair value based on fundamentals?
Our quantitative valuation model calculates ADC's fair value at $94 (base case), with a bear case of $88 and bull case of $169. The model uses discounted cash flow analysis, historical growth rates, and margin mean-reversion to project FY+2 earnings, then applies an appropriate P/E multiple. The model confidence score is 72/100.
What is ADC's forward P/E ratio?
ADC trades at a forward P/E ratio of 39.0x based on next-twelve-months earnings estimates compared to a trailing P/E of 43.2x. The lower forward P/E indicates analysts expect earnings growth. A forward P/E is useful for comparing valuations when earnings are expected to change significantly.
Should I buy ADC stock?
ADC appears fairly valued according to analysts, with a "Buy" rating and minimal upside to the $83.5 target. Consider your investment thesis and risk tolerance. This information is for educational purposes only. Always conduct your own research, consider your financial situation, and consult a financial advisor before making investment decisions.
Why do ADC price targets vary so much?
ADC analyst price targets range from $75 to $91, a 19% tight range reflecting strong analyst consensus. Differences stem from varying assumptions about revenue growth, profit margins, competitive dynamics, and valuation multiples. The $83.5 consensus represents the middle ground. Our model's $88-$169 range provides an independent fundamental perspective.