Tanger Inc. (SKT) Price Target Analysis

Updated Jun 18, 2026

Analyst Rating: Hold

Based on 21 analysts

1.4% Below Target

SKT trades 1.4% below Wall Street's consensus target of $39.67.

Current Price$39.10

Average Target$39.67

Target

Current

Low$37.00

Median$40.50

High$42.00

Analyst Target Range

Forward P/E37.0x

(Growth Premium)

PEG Ratio—

Implied Growth+5.5%

(Low)

Analyst Spread12.6%

(High Agreement)

Price Forecast (1 Year)

Last 12 months price action with 12-month analyst target path

Current$39.10

Consensus$39.67

High$42.00

Low$37.00

Consensus Scenario Assumptions

The base valuation assumes SKT achieves its forward estimates and maintains a stable P/E multiple of 37.0x. This scenario reflects the blended consensus of 21 Wall Street analysts, balancing both positive catalysts and macroeconomic headwinds over the next 12 months.

Analyst Ratings Distribution

Breakdown of 21 published analyst recommendations for SKT

71% hold / mixed conviction

BearishBullish

Weighted analyst sentiment score based on 21 ratings

ConsensusHold

Coverage21 Analysts

Net Score+10

Bull / Bear24% / 5%

Strong Buy00%

Buy524%

Hold1571%

Sell15%

Strong Sell00%

Strong Buy

00%

Buy

524%

Hold

1571%

Sell

15%

Strong Sell

00%

Recommendation Mix24% Buy · 71% Hold · 5% Sell

Buy (5)Hold (15)Sell (1)

SKT Price Target Analysis

Updated June 21, 2026

As of June 21, 2026, Tanger Inc. (SKT) has a Wall Street consensus price target of $39.67, based on estimates from 21 covering analysts. With the stock currently trading at $39.10, this represents a potential upside of +1.4%. The company has a market capitalization of $4.48B.

Analyst price targets range from a low of $37.00 to a high of $42.00, representing a 13% spread in expectations. The median target of $40.50 aligns closely with the consensus average. The tight target dispersion indicates high conviction among analysts.

The current analyst consensus rating is Hold, with 5 analysts rating the stock as a Buy or Strong Buy,15 rating it Hold, and 1 rating it Sell or Strong Sell. The bearish sentiment suggests caution about the stock at current levels.

From a valuation perspective, SKT trades at a trailing P/E of 39.1x and forward P/E of 37.0x. Analysts expect EPS to grow +5.5% over the next year.

Our proprietary valuation model, which blends historical multiples with forward estimates, suggests a base-case price target of $28.13, with bear and bull scenarios of $17.72 and $37.07 respectively. Model confidence stands at 50/100, 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 Analysis

Avg Peer Upside

+6.6%

Industry Consensus

Avg Forward P/E

25.2x

(Growth Premium)

Peers with Coverage

9 / 10

Active Analyst Tracking

Company	Market Cap	Price	Target	Upside Potential	Rating	Fwd P/E	Analysts
SPGSimon Property Group, Inc.	$68.6B	$211.33	$208.22	-1.5%	Hold	32.1x	37
MACThe Macerich Company	$6.1B	$23.61	$23.50	-0.5%	Hold	—	35
CBLCBL & Associates Properties, Inc.	$1.5B	$47.40	—	—	Hold	14.6x	23
ORealty Income Corporation	$56.2B	$60.24	$68.00	+12.9%	Hold	37.7x	34
NNNNNN REIT, Inc.	$8.6B	$45.00	$46.93	+4.3%	Hold	22.3x	29
KIMKimco Realty Corporation	$16.4B	$24.38	$25.17	+3.2%	Hold	29.6x	36
REGRegency Centers Corporation	$14.1B	$76.88	$83.56	+8.7%	Buy	31.1x	32
BRXBrixmor Property Group Inc.	$9.5B	$30.91	$33.13	+7.2%	Buy	26.8x	30
PVHPVH Corp.	$3.6B	$77.07	$92.00	+19.4%	Buy	7.1x	38
RLRalph Lauren Corporation	$25.2B	$413.01	$437.43	+5.9%	Buy	25.3x	48

SKT — Frequently Asked Questions

Quick answers to the most common questions about buying SKT stock.

What is the SKT stock price target for 2026?

The consensus price target for SKT is $39.67, close to the current price of $39.105 (1.4% implied move). Based on 21 analyst estimates, the stock appears fairly valued near current levels.

Is SKT a buy, sell, or hold?

SKT has a consensus rating of "Hold" based on 21 Wall Street analysts. The rating breakdown is mixed, with 15 Hold ratings making up the largest segment. The consensus 12-month price target of $39.67 implies 1.4% upside from current levels.

Is SKT stock overvalued or undervalued?

At a forward P/E of 37.0067x, SKT trades at a premium valuation. The consensus price target of $39.67 (1.4% upside) suggests analysts may view current valuations as stretched.

How high can SKT stock go?

The most bullish Wall Street analyst has a price target of $42 for SKT, while the most conservative target is $37. The consensus of $39.67 represents the median expectation. Our quantitative valuation model projects a bull case target of $37 based on optimistic growth and margin assumptions. These targets typically reflect 12-month expectations.

How many analysts cover SKT stock?

SKT is well covered by analysts, with 21 analysts providing price targets and ratings. Of these, 0 have Strong Buy ratings, 5 have Buy ratings, 15 recommend Hold, and 1 have Sell or Strong Sell ratings. Higher analyst coverage generally indicates greater institutional interest and more reliable consensus estimates.

What is the SKT stock forecast?

The 12-month SKT stock forecast based on 21 Wall Street analysts shows a consensus price target of $39.67, with estimates ranging from $37 (bear case) to $42 (bull case). The median consensus rating is "Hold". Our proprietary valuation model produces a base case fair value of $28, with bear/bull scenarios of $18/$37.

What is SKT's fair value based on fundamentals?

Our quantitative valuation model calculates SKT's fair value at $28 (base case), with a bear case of $18 and bull case of $37. 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 50/100.

What is SKT's forward P/E ratio?

SKT trades at a forward P/E ratio of 37.0x based on next-twelve-months earnings estimates compared to a trailing P/E of 39.1x. 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 SKT stock?

SKT appears fairly valued according to analysts, with a "Hold" rating and minimal upside to the $39.67 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 SKT price targets vary so much?

SKT analyst price targets range from $37 to $42, a 13% tight range reflecting strong analyst consensus. Differences stem from varying assumptions about revenue growth, profit margins, competitive dynamics, and valuation multiples. The $39.67 consensus represents the middle ground. Our model's $18-$37 range provides an independent fundamental perspective.

Consensus-Based Analysis Tools