AvalonBay Communities

AVB · NYSE

$184.06+$0.02 (+0.01%)TodayMarket closed · Aug 17, 7:56 AM ET

No price history for this range.

AVB analyst rating

HoldConsensus of 13 analysts over the last 12 months. 15% rate it a buy.

Strong buy0
Buy2
Hold11
Underperform0
Sell0

12-month price target · 19 analysts

Average $202.92 (+10.2% upside)

Low: $188.87
Now: $184.06
High: $223.65

Upgrades and downgrades

The latest rating actions, newest first

AVB analyst upgrades, downgrades and rating actions
Firm	Date	Action	Rating	Price target	Hit rate
Barclays	Aug 17, 2026	Maintains	Equal-Weight	$205.00 → $206.00	38%
Evercore ISI Group	Jul 23, 2026	Maintains	In-Line	$198.00 → $196.00	45%
Piper Sandler	Jul 21, 2026	Maintains	Neutral	$195.00 → $210.00	44%
Barclays	Jul 14, 2026	Downgrade	Overweight → Equal-Weight	$203.00 → $205.00	38%
Scotiabank	Jul 9, 2026	Maintains	Sector Perform	$187.00 → $195.00	47%
Truist Securities	Jun 16, 2026	Maintains	Buy	$201.00 → $202.00	45%
Piper Sandler	May 29, 2026	Maintains	Neutral	$183.00 → $195.00	44%
UBS	May 14, 2026	Maintains	Neutral	$191.00 → $189.00	57%
Scotiabank	May 14, 2026	Maintains	Sector Perform	$190.00 → $187.00	47%
Barclays	May 11, 2026	Maintains	Overweight	$206.00 → $203.00	38%

The case for and against

Updated Aug 21, 2026

Bull case

AvalonBay Communities is a well-established REIT with a strong track record of delivering strong returns and having a solid balance sheet. While the company has a significant development pipeline, any risks related to construction delays or cost overruns could impact future NOI growth. However, with a more suburban-focused footprint and positive signs in recent leasing data, the company appears to be in a good position for long-term success.

Bear case

AvalonBay Communities is in a difficult position as it has recently completed a merger with EQR and subsequently delisted from the NYSE, rendering previous financial estimates obsolete. While AVB maintains a strong portfolio of properties in desirable markets, the company is facing challenges in reducing consumption and maintaining sustainability standards, which will likely have a negative impact on its financial performance. Furthermore, the company has a large development pipeline which could lead to uncertainties and cost overruns in the future. The lack of diversity in leadership and executive roles may also pose a risk to the company's overall performance.

Information on this page is provided for informational purposes only and is not a recommendation to buy, sell or hold any security. Investing involves risk, including possible loss of principal. Market data is delayed at least 15 minutes and is provided without warranty. Analyst ratings, price targets and company data come from third-party sources. Past performance does not guarantee future results.