Farmland Partners Inc. (FPI) Price Target Analysis
Updated Jun 18, 2026
Analyst Rating: Hold
Based on 15 analysts74.2% Below Target
FPI trades 74.2% below Wall Street's consensus target of $17.00.
Current Price$9.70
Average Target$17.00
Low$17.00
Median$17.00
High$17.00
Analyst Target Range
Forward P/E52.8x
(High Premium)
PEG Ratio—
Implied Growth-73.5%
(Declining)
Analyst Spread0.0%
(High Agreement)
Price Forecast (1 Year)
Last 12 months price action with 12-month analyst target path
Consensus Scenario Assumptions
The base valuation assumes FPI achieves its forward estimates and maintains a stable P/E multiple of 52.8x. This scenario reflects the blended consensus of 15 Wall Street analysts, balancing both positive catalysts and macroeconomic headwinds over the next 12 months.
FPI Price Target Analysis
Updated June 23, 2026As of June 23, 2026, Farmland Partners Inc. (FPI) has a Wall Street consensus price target of $17.00, based on estimates from 15 covering analysts. With the stock currently trading at $9.70, this represents a potential upside of +74.2%. The company has a market capitalization of $423M.
Analyst price targets range from a low of $17.00 to a high of $17.00, representing a 0% spread in expectations. The median target of $17.00 aligns closely with the consensus average. The tight target dispersion indicates high conviction among analysts.
The current analyst consensus rating is Hold, with 6 analysts rating the stock as a Buy or Strong Buy,9 rating it Hold, and 0 rating it Sell or Strong Sell. The mixed ratings reflect uncertainty about near-term direction.
From a valuation perspective, FPI trades at a trailing P/E of 15.6x and forward P/E of 52.8x. Analysts expect EPS to grow -73.5% over the next year.
Our proprietary valuation model, which blends historical multiples with forward estimates, suggests a base-case price target of $10.68, with bear and bull scenarios of $6.73 and $14.08 respectively. Model confidence stands at 51/100, reflecting moderate uncertainty in projections.
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
+20.8%
Industry Consensus
Avg Forward P/E
20.0x
(Fair)
Peers with Coverage
9 / 10
Active Analyst Tracking
| Company | Market Cap | Price | Target | Upside Potential | Rating | Fwd P/E | Analysts |
|---|---|---|---|---|---|---|---|
 LANDGladstone Land Corporation | $371M | $8.59 | $13.33 | +53.9% | Buy | — | 11 |
 AGMFederal Agricultural Mortgage Corporation | $2.0B | $183.07 | $233.00 | +27.0% | Buy | 9.4x | 5 |
 AFCGAdvanced Flower Capital Inc. | $75M | $3.17 | — | — | — | — | — |
 AMTAmerican Tower Corporation | $82.2B | $176.43 | $211.00 | +19.9% | Buy | 26.8x | 50 |
 IIPRInnovative Industrial Properties, Inc. | $1.7B | $59.32 | $84.67 | +42.1% | Hold | 13.9x | 11 |
 PINEAlpine Income Property Trust, Inc. | $276M | $19.26 | $20.60 | +7.7% | Buy | 36.9x | 12 |
 SAFESafehold Inc. | $1.1B | $15.21 | $15.00 | -2.2% | Buy | 9.3x | 17 |
 ILPTIndustrial Logistics Properties Trust | $558M | $8.37 | $7.40 | -8.6% | Buy | — | 9 |
 DEDeere & Company | $161.6B | $598.59 | $690.00 | +17.1% | Hold | 32.6x | 46 |
 NTRNutrien Ltd. | $30.0B | $62.25 | $82.00 | +30.4% | Buy | 11.0x | 33 |
FPI — Frequently Asked Questions
Quick answers to the most common questions about buying FPI stock.
What is the FPI stock price target for 2026?
The consensus Wall Street price target for FPI is $17, representing 74.2% upside from the current price of $9.7. With 15 analysts covering the stock, this strong upside suggests significant value not yet reflected in today's share price.
Is FPI a buy, sell, or hold?
FPI has a consensus rating of "Hold" based on 15 Wall Street analysts. The rating breakdown is mixed, with 9 Hold ratings making up the largest segment. The consensus 12-month price target of $17 implies 74.2% upside from current levels.
Is FPI stock overvalued or undervalued?
At a forward P/E of 52.7568x, FPI trades at a premium valuation. The consensus price target of $17 (74.2% upside) suggests analysts still see growth justifying the multiple.
How high can FPI stock go?
The most bullish Wall Street analyst has a price target of $17 for FPI, while the most conservative target is $17. The consensus of $17 represents the median expectation. Our quantitative valuation model projects a bull case target of $14 based on optimistic growth and margin assumptions. These targets typically reflect 12-month expectations.
How many analysts cover FPI stock?
FPI is well covered by analysts, with 15 analysts providing price targets and ratings. Of these, 0 have Strong Buy ratings, 6 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 FPI stock forecast?
The 12-month FPI stock forecast based on 15 Wall Street analysts shows a consensus price target of $17, with estimates ranging from $17 (bear case) to $17 (bull case). The median consensus rating is "Hold". Our proprietary valuation model produces a base case fair value of $11, with bear/bull scenarios of $7/$14.
What is FPI's fair value based on fundamentals?
Our quantitative valuation model calculates FPI's fair value at $11 (base case), with a bear case of $7 and bull case of $14. 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 51/100.
What is FPI's forward P/E ratio?
FPI trades at a forward P/E ratio of 52.8x based on next-twelve-months earnings estimates compared to a trailing P/E of 15.6x. The higher forward P/E suggests near-term earnings pressure. A forward P/E is useful for comparing valuations when earnings are expected to change significantly.
Should I buy FPI stock?
Wall Street analysts are very optimistic on FPI, with a "Hold" consensus rating and $17 price target (74.2% upside). 6 of 15 analysts rate it Buy or Strong Buy. 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 FPI price targets vary so much?
FPI analyst price targets range from $17 to $17, a 0% tight range reflecting strong analyst consensus. Differences stem from varying assumptions about revenue growth, profit margins, competitive dynamics, and valuation multiples. The $17 consensus represents the middle ground. Our model's $7-$14 range provides an independent fundamental perspective.
Consensus-Based Analysis Tools
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