Wall Street analyst price targets, ratings consensus & upside potential · Updated Feb 28, 2026
Last 12 months price action with 12-month analyst target path
As of March 1, 2026, Tanger Inc. (SKT) has a Wall Street consensus price target of $35.33, based on estimates from 18 covering analysts. With the stock currently trading at $37.06, this represents a potential downside of -4.7%. The company has a market capitalization of $4.27B.
Analyst price targets range from a low of $34.00 to a high of $36.00, representing a 6% 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 5 analysts rating the stock as a Buy or Strong Buy,13 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 42.1x and forward P/E of 33.2x. The forward PEG ratio of 1.08 indicates reasonable valuation for growth. Analysts expect EPS to grow +18.5% over the next year.
Our proprietary valuation model, which blends historical multiples with forward estimates, suggests a base-case price target of $52.17, with bear and bull scenarios of $17.67 and $75.55 respectively. Model confidence stands at 51/100, reflecting moderate uncertainty in projections.
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Start ComparisonWall Street's consensus price target for SKT is $35.33, -4.7% from its current price of $37.06. The below-market target from 18 analysts suggests limited near-term appreciation.
SKT has a consensus rating of "Hold" based on 18 Wall Street analysts. The rating breakdown is mixed, with 13 Hold ratings making up the largest segment. The consensus 12-month price target of $35.33 implies -4.7% downside from current levels.
SKT trades at a forward P/E of 33.2436x, representing a moderate valuation. With analysts targeting $35.33 (-4.7% implied move), the stock appears close to fair value.
The most bullish Wall Street analyst has a price target of $36 for SKT, while the most conservative target is $34. The consensus of $35.33 represents the median expectation. Our quantitative valuation model projects a bull case target of $76 based on optimistic growth and margin assumptions. These targets typically reflect 12-month expectations.
SKT is well covered by analysts, with 18 analysts providing price targets and ratings. Of these, 0 have Strong Buy ratings, 5 have Buy ratings, 13 recommend Hold, and 0 have Sell or Strong Sell ratings. Higher analyst coverage generally indicates greater institutional interest and more reliable consensus estimates.
The 12-month SKT stock forecast based on 18 Wall Street analysts shows a consensus price target of $35.33, with estimates ranging from $34 (bear case) to $36 (bull case). The median consensus rating is "Hold". Our proprietary valuation model produces a base case fair value of $52, with bear/bull scenarios of $18/$76.
Our quantitative valuation model calculates SKT's fair value at $52 (base case), with a bear case of $18 and bull case of $76. 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.
SKT trades at a forward P/E ratio of 33.2x based on next-twelve-months earnings estimates compared to a trailing P/E of 42.1x. 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.
Analysts are cautious on SKT, with 0 Sell ratings and a price target of $35.33 (-4.7% 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.
SKT analyst price targets range from $34 to $36, a 6% tight range reflecting strong analyst consensus. Differences stem from varying assumptions about revenue growth, profit margins, competitive dynamics, and valuation multiples. The $35.33 consensus represents the middle ground. Our model's $18-$76 range provides an independent fundamental perspective.