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 2, 2026, Simon Property Group, Inc. (SPG) has a Wall Street consensus price target of $194.60, based on estimates from 37 covering analysts. With the stock currently trading at $203.85, this represents a potential downside of -4.5%. The company has a market capitalization of $66.30B.
Analyst price targets range from a low of $173.00 to a high of $230.00, representing a 29% spread in expectations. The median target of $190.50 aligns closely with the consensus average.
The current analyst consensus rating is Hold, with 16 analysts rating the stock as a Buy or Strong Buy,19 rating it Hold, and 2 rating it Sell or Strong Sell. The mixed ratings reflect uncertainty about near-term direction.
From a valuation perspective, SPG trades at a trailing P/E of 14.4x and forward P/E of 30.4x. The forward PEG ratio of 0.96 suggests the stock may be undervalued relative to its growth. Analysts expect EPS to grow -52.6% over the next year.
Our proprietary valuation model, which blends historical multiples with forward estimates, suggests a base-case price target of $150.22, with bear and bull scenarios of $103.75 and $174.72 respectively. Model confidence stands at 56/100, reflecting moderate uncertainty in projections.
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Start ComparisonWall Street's consensus price target for SPG is $194.6, -4.5% from its current price of $203.85. The below-market target from 37 analysts suggests limited near-term appreciation.
SPG has a consensus rating of "Hold" based on 37 Wall Street analysts. The rating breakdown is mixed, with 19 Hold ratings making up the largest segment. The consensus 12-month price target of $194.6 implies -4.5% downside from current levels.
SPG trades at a forward P/E of 30.3904x, representing a moderate valuation. With analysts targeting $194.6 (-4.5% implied move), the stock appears close to fair value.
The most bullish Wall Street analyst has a price target of $230 for SPG, while the most conservative target is $173. The consensus of $194.6 represents the median expectation. Our quantitative valuation model projects a bull case target of $175 based on optimistic growth and margin assumptions. These targets typically reflect 12-month expectations.
SPG is heavily covered by Wall Street, with 37 analysts providing price targets and ratings. Of these, 0 have Strong Buy ratings, 16 have Buy ratings, 19 recommend Hold, and 2 have Sell or Strong Sell ratings. Higher analyst coverage generally indicates greater institutional interest and more reliable consensus estimates.
The 12-month SPG stock forecast based on 37 Wall Street analysts shows a consensus price target of $194.6, with estimates ranging from $173 (bear case) to $230 (bull case). The median consensus rating is "Hold". Our proprietary valuation model produces a base case fair value of $150, with bear/bull scenarios of $104/$175.
Our quantitative valuation model calculates SPG's fair value at $150 (base case), with a bear case of $104 and bull case of $175. 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 56/100.
SPG trades at a forward P/E ratio of 30.4x based on next-twelve-months earnings estimates compared to a trailing P/E of 14.4x. 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.
Analysts are cautious on SPG, with 2 Sell ratings and a price target of $194.6 (-4.5% 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.
SPG analyst price targets range from $173 to $230, a 29% moderate spread showing some variance in outlooks. Differences stem from varying assumptions about revenue growth, profit margins, competitive dynamics, and valuation multiples. The $194.6 consensus represents the middle ground. Our model's $104-$175 range provides an independent fundamental perspective.