Innovative Industrial Properties, Inc. (IIPR) Stock Forecast
Data as of Aug 1, 2026Real Estate · Current price $58.97 (-2.90%)
Price Target Range
Consensus Price Target Over Time
Analyst Rating Distribution
Last 3 Months
6-Month Trend
Latest Analyst Forecasts
Price targets issued by Wall Street analysts. Upside calculated against today's price.
| Date | Analyst | Firm | Price Target | Upside |
|---|---|---|---|---|
| Nov 5, 2025 | Alexander Goldfarb | Piper Sandler | $44.00 | -25.4% |
| Apr 15, 2025 | Alexander Goldfarb | Piper Sandler | $45.00 | -23.7% |
| Nov 15, 2024 | Alexander Goldfarb | Piper Sandler | $118.00 | +100.1% |
| Aug 9, 2024 | Alexander Goldfarb | Piper Sandler | $120.00 | +103.5% |
| Jul 22, 2024 | Scott Fortune | Industrial Alliance Securities | $140.00 | +137.4% |
| May 31, 2024 | Alexander Goldfarb | Piper Sandler | $110.00 | +86.5% |
Top Analysts Covering IIPR
IIPR vs Sector & Market
| Metric | IIPR | Real Estate Avg | Large Cap Avg |
|---|---|---|---|
| Analyst Rating | 3.67 | 2.60 | 2.42 |
| Analyst Count | 3 | 9 | 19 |
| Target Upside | +37.4% | +40.7% | +18.0% |
| P/E Ratio | 15.04 | 27.84 | 43.33 |
Revenue Estimates
| Period | Low | Avg | High | # |
|---|---|---|---|---|
| 2026-09-30 | $66M | $67M | $68M | 2 |
| 2026-12-31 | $67M | $67M | $69M | 3 |
| 2027-03-31 | $67M | $68M | $69M | 3 |
| 2027-06-30 | $68M | $68M | $70M | 2 |
| 2027-09-30 | $69M | $70M | $72M | 2 |
| 2027-12-31 | $70M | $71M | $72M | 3 |
EPS Estimates
| Period | Low | Avg | High | # |
|---|---|---|---|---|
| 2026-09-30 | $1.06 | $1.08 | $1.11 | 1 |
| 2026-12-31 | $1.07 | $1.09 | $1.12 | 1 |
| 2027-03-31 | $0.00 | $0.00 | $0.00 | 0 |
| 2027-06-30 | $0.00 | $0.00 | $0.00 | 1 |
| 2027-09-30 | $0.00 | $0.00 | $0.00 | 1 |
| 2027-12-31 | $0.00 | $0.00 | $0.00 | 0 |
Frequently Asked Questions
What is the analyst consensus for IIPR?
The consensus among 3 analysts covering Innovative Industrial Properties, Inc. (IIPR) is Sell with an average price target of $84.67.
What is the highest price target for IIPR?
The highest price target for IIPR is $140.00, set by Scott Fortune at Industrial Alliance Securities on 2024-07-22.
What is the lowest price target for IIPR?
The lowest price target for IIPR is $44.00, set by Alexander Goldfarb at Piper Sandler on 2025-11-05.
How many analysts cover IIPR?
3 analysts have issued ratings for Innovative Industrial Properties, Inc. in the past 12 months.
Is IIPR a buy or sell right now?
Based on 3 analyst ratings, IIPR has a consensus rating of Sell (3.67/5) with a +37.4% upside to the consensus target of $84.67.
What are the earnings estimates for IIPR?
Analysts estimate IIPR will report EPS of $1.08 for the period ending 2026-09-30, with revenue estimated at $67M.
Related Stock Forecasts
Data updated daily. Analyst price targets sourced from public filings and broker reports. Not investment advice.