Tanger Inc. (SKT) Price Target Analysis
Wall Street analyst price targets, ratings consensus & upside potential · Updated May 1, 2026
Current Price
$36.85
Price Target
$35.67
Target Range
$34.00 — $37.00
Analyst Rating
Hold
Forward P/E35.0x
Trailing P/E36.9x
Forward PEG—
Implied Growth+5.1%
Median Target$36.00
Analyst Spread8.4%
Price Forecast (1 Year)
Last 12 months price action with 12-month analyst target path
Bear Case
$34
-7.7%
Consensus
$36
-3.2%
Bull Case
$37
+0.4%
Valuation Model TargetsConfidence: 53/100
Bear$17
Base$45
Bull$71
SKT Price Target Analysis
Updated May 7, 2026As of May 7, 2026, Tanger Inc. (SKT) has a Wall Street consensus price target of $35.67, based on estimates from 18 covering analysts. With the stock currently trading at $36.85, this represents a potential downside of -3.2%. The company has a market capitalization of $4.22B.
Analyst price targets range from a low of $34.00 to a high of $37.00, representing a 8% spread in expectations. The median target of $36.00 aligns closely with the consensus average. The tight target dispersion indicates high conviction among analysts.
The current analyst consensus rating is Hold, with 4 analysts rating the stock as a Buy or Strong Buy,14 rating it Hold, and 0 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 36.9x and forward P/E of 35.0x. Analysts expect EPS to grow +5.1% over the next year.
Our proprietary valuation model, which blends historical multiples with forward estimates, suggests a base-case price target of $44.82, with bear and bull scenarios of $16.56 and $70.58 respectively. Model confidence stands at 53/100, 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+3.0%
Avg Forward P/E29.3x
Peers with Coverage9 / 10
| Company | Market Cap | Price | Target | Upside | Rating | Fwd P/E | Analysts |
|---|---|---|---|---|---|---|---|
 SPGSimon Property Group, Inc. | $66.8B | $205.51 | $197.00 | -4.1% | Hold | 30.9x | 37 |
 MACThe Macerich Company | $5.8B | $22.23 | $21.40 | -3.7% | Hold | — | 34 |
 CBLCBL & Associates Properties, Inc. | $1.4B | $44.14 | — | — | Hold | 48.0x | 22 |
 ORealty Income Corporation | $59.7B | $64.01 | $65.25 | +1.9% | Hold | 38.5x | 34 |
 NNNNNN REIT, Inc. | $8.5B | $44.71 | $46.06 | +3.0% | Hold | 21.8x | 29 |
 KIMKimco Realty Corporation | $16.1B | $23.80 | $24.25 | +1.9% | Hold | 30.8x | 36 |
 REGRegency Centers Corporation | $14.5B | $79.08 | $80.14 | +1.3% | Buy | 32.6x | 32 |
 BRXBrixmor Property Group Inc. | $9.3B | $30.29 | $31.00 | +2.3% | Buy | 29.9x | 30 |
 PVHPVH Corp. | $4.2B | $91.87 | $100.00 | +8.8% | Buy | 8.4x | 38 |
 RLRalph Lauren Corporation | $50.4B | $372.15 | $428.75 | +15.2% | Buy | 22.9x | 48 |
Upside Potential Comparison
RLPVHNNNBRXOKIMREGMACSee SKT's True Return
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Start ComparisonSKT — Frequently Asked Questions
Quick answers to the most common questions about buying SKT stock.
What is the SKT stock price target for 2026?
Wall Street's consensus price target for SKT is $35.67, -3.2% from its current price of $36.85. The below-market target from 18 analysts suggests limited near-term appreciation.
Is SKT a buy, sell, or hold?
SKT has a consensus rating of "Hold" based on 18 Wall Street analysts. The rating breakdown is mixed, with 14 Hold ratings making up the largest segment. The consensus 12-month price target of $35.67 implies -3.2% downside from current levels.
Is SKT stock overvalued or undervalued?
SKT trades at a forward P/E of 34.9953x, representing a moderate valuation. With analysts targeting $35.67 (-3.2% implied move), the stock appears close to fair value.
How high can SKT stock go?
The most bullish Wall Street analyst has a price target of $37 for SKT, while the most conservative target is $34. The consensus of $35.67 represents the median expectation. Our quantitative valuation model projects a bull case target of $71 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 18 analysts providing price targets and ratings. Of these, 0 have Strong Buy ratings, 4 have Buy ratings, 14 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 SKT stock forecast?
The 12-month SKT stock forecast based on 18 Wall Street analysts shows a consensus price target of $35.67, with estimates ranging from $34 (bear case) to $37 (bull case). The median consensus rating is "Hold". Our proprietary valuation model produces a base case fair value of $45, with bear/bull scenarios of $17/$71.
What is SKT's fair value based on fundamentals?
Our quantitative valuation model calculates SKT's fair value at $45 (base case), with a bear case of $17 and bull case of $71. 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 53/100.
What is SKT's forward P/E ratio?
SKT trades at a forward P/E ratio of 35.0x based on next-twelve-months earnings estimates compared to a trailing P/E of 36.9x. 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?
Analysts are cautious on SKT, with 0 Sell ratings and a price target of $35.67 (-3.2% from current price). The "Hold" consensus suggests careful evaluation before buying. 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 $34 to $37, a 8% tight range reflecting strong analyst consensus. Differences stem from varying assumptions about revenue growth, profit margins, competitive dynamics, and valuation multiples. The $35.67 consensus represents the middle ground. Our model's $17-$71 range provides an independent fundamental perspective.