VICI Properties Inc. (VICI) Price Target Analysis
Wall Street analyst price targets, ratings consensus & upside potential · Updated May 1, 2026
Current Price
$28.27
Price Target
$32.00
Target Range
$30.00 — $34.00
Analyst Rating
Buy
Forward P/E9.9x
Trailing P/E10.8x
Forward PEG1.19
Implied Growth-1.6%
Median Target$32.00
Analyst Spread12.5%
Price Forecast (1 Year)
Last 12 months price action with 12-month analyst target path
Bear Case
$30
+6.1%
Consensus
$32
+13.2%
Bull Case
$34
+20.3%
Valuation Model TargetsConfidence: 33/100
Bear$3
Base$26
Bull$60
VICI Price Target Analysis
Updated May 6, 2026As of May 6, 2026, VICI Properties Inc. (VICI) has a Wall Street consensus price target of $32.00, based on estimates from 26 covering analysts. With the stock currently trading at $28.27, this represents a potential upside of +13.2%. The company has a market capitalization of $30.22B.
Analyst price targets range from a low of $30.00 to a high of $34.00, representing a 13% spread in expectations. The median target of $32.00 aligns closely with the consensus average. The tight target dispersion indicates high conviction among analysts.
The current analyst consensus rating is Buy, with 20 analysts rating the stock as a Buy or Strong Buy,6 rating it Hold, and 0 rating it Sell or Strong Sell. This overwhelmingly bullish sentiment suggests analysts see significant catalysts for upside ahead.
From a valuation perspective, VICI trades at a trailing P/E of 10.8x and forward P/E of 9.9x. The forward PEG ratio of 1.19 indicates reasonable valuation for growth. Analysts expect EPS to grow -1.6% over the next year.
Our proprietary valuation model, which blends historical multiples with forward estimates, suggests a base-case price target of $26.04, with bear and bull scenarios of $2.79 and $60.29 respectively. Model confidence stands at 33/100, suggesting limited visibility into future performance.
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+11.1%
Avg Forward P/E24.4x
Peers with Coverage10 / 10
| Company | Market Cap | Price | Target | Upside | Rating | Fwd P/E | Analysts |
|---|---|---|---|---|---|---|---|
 GLPIGaming and Leisure Properties, Inc. | $13.5B | $47.75 | $51.17 | +7.2% | Buy | 14.9x | 27 |
 EPREPR Properties | $4.3B | $55.99 | $59.13 | +5.6% | Hold | 18.6x | 21 |
 ORealty Income Corporation | $59.4B | $63.57 | $65.25 | +2.6% | Hold | 38.2x | 34 |
 NNNNNN REIT, Inc. | $8.4B | $44.41 | $46.06 | +3.7% | Hold | 21.6x | 29 |
 WPCW. P. Carey Inc. | $16.0B | $73.18 | $73.20 | +0.0% | Hold | 29.0x | 20 |
 ADCAgree Realty Corporation | $9.1B | $75.95 | $83.50 | +9.9% | Buy | 38.8x | 32 |
 MGMMGM Resorts International | $9.7B | $37.91 | $39.71 | +4.7% | Buy | 22.0x | 36 |
 CZRCaesars Entertainment, Inc. | $5.7B | $28.10 | $30.57 | +8.8% | Buy | — | 30 |
 WYNNWynn Resorts, Limited | $11.1B | $106.24 | $143.00 | +34.6% | Buy | 20.7x | 45 |
 LVSLas Vegas Sands Corp. | $34.7B | $52.26 | $69.70 | +33.4% | Buy | 15.7x | 49 |
Upside Potential Comparison
WYNNLVSADCCZRGLPIEPRMGMNNNFull VICI Stock Analysis
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Start ComparisonVICI — Frequently Asked Questions
Quick answers to the most common questions about buying VICI stock.
What is the VICI stock price target for 2026?
VICI Properties Inc. (VICI) has a consensus 12-month price target of $32, implying 13.2% upside from $28.27. The 26 analysts covering VICI see moderate appreciation potential.
Is VICI a buy, sell, or hold?
VICI has a consensus rating of "Buy" based on 26 Wall Street analysts. The rating breakdown is predominantly bullish, with 20 Buy/Strong Buy ratings. The consensus 12-month price target of $32 implies 13.2% upside from current levels.
Is VICI stock overvalued or undervalued?
With a forward P/E of 9.8867x, VICI trades at a relatively low valuation. The consensus target of $32 implies 13.2% appreciation, suggesting meaningful undervaluation.
How high can VICI stock go?
The most bullish Wall Street analyst has a price target of $34 for VICI, while the most conservative target is $30. The consensus of $32 represents the median expectation. Our quantitative valuation model projects a bull case target of $60 based on optimistic growth and margin assumptions. These targets typically reflect 12-month expectations.
How many analysts cover VICI stock?
VICI is heavily covered by Wall Street, with 26 analysts providing price targets and ratings. Of these, 0 have Strong Buy ratings, 20 have Buy ratings, 6 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 VICI stock forecast?
The 12-month VICI stock forecast based on 26 Wall Street analysts shows a consensus price target of $32, with estimates ranging from $30 (bear case) to $34 (bull case). The median consensus rating is "Buy". Our proprietary valuation model produces a base case fair value of $26, with bear/bull scenarios of $3/$60.
What is VICI's fair value based on fundamentals?
Our quantitative valuation model calculates VICI's fair value at $26 (base case), with a bear case of $3 and bull case of $60. 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 33/100.
What is VICI's forward P/E ratio?
VICI trades at a forward P/E ratio of 9.9x based on next-twelve-months earnings estimates compared to a trailing P/E of 10.8x. 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 VICI stock?
Wall Street analysts are optimistic on VICI, with a "Buy" consensus rating and $32 price target (13.2% upside). 20 of 26 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 VICI price targets vary so much?
VICI analyst price targets range from $30 to $34, a 13% tight range reflecting strong analyst consensus. Differences stem from varying assumptions about revenue growth, profit margins, competitive dynamics, and valuation multiples. The $32 consensus represents the middle ground. Our model's $3-$60 range provides an independent fundamental perspective.