Simon Property Group

SPG · NYSE

$206.99+$4.50 (+2.22%)TodayMarket closed · Oct 20, 4:05 PM ET

Prev close $202.49

SPG analyst rating

HoldConsensus of 15 analysts over the last 12 months. 20% rate it a buy.

Strong buy0
Buy3
Hold12
Underperform0
Sell0

12-month price target · 20 analysts

Average $237.96 (+15.0% upside)

Low: $199.98
Now: $206.99
High: $299.25

Upgrades and downgrades

The latest rating actions, newest first

SPG analyst upgrades, downgrades and rating actions
Firm	Date	Action	Rating	Price target	Hit rate
Piper Sandler	Oct 12, 2026	Maintains	Overweight	$285.00 → $254.00	44%
UBS	Oct 9, 2026	Maintains	Neutral	$222.00 → $205.00	45%
Truist Securities	Oct 2, 2026	Initiates	Hold	$215.00	54%
Barclays	Sep 28, 2026	Maintains	Equal-Weight	$215.00 → $208.00	38%
Evercore ISI Group	Sep 21, 2026	Maintains	In-Line	$219.00 → $216.00	45%
Scotiabank	Sep 17, 2026	Maintains	Sector Perform	$222.00 → $221.00	47%
Evercore ISI Group	Sep 14, 2026	Maintains	In-Line	$226.00 → $219.00	45%
Mizuho	Aug 27, 2026	Maintains	Neutral	$211.00 → $226.00	48%
Scotiabank	Aug 20, 2026	Maintains	Sector Perform	$220.00 → $222.00	47%
Citigroup	Aug 17, 2026	Maintains	Neutral	$205.00 → $230.00	44%

The case for and against

Updated Jun 30, 2026

Bull case

Simon Property Group is experiencing a positive outlook due to its strong portfolio of diverse properties, consistent growth in sales per square foot, and successful acquisitions of key properties such as Phillips Place. With a solid financial plan for the next five years and a focus on driving occupancy rates higher, Simon is positioned for continued success and growth in the retail real estate industry.

Bear case

Simon Property Group is expected to continue to perform well in 2026, given its strong portfolio which includes a large number of well-performing traditional malls, premium outlets, Mills centers, and lifestyle centers. However, there may be some challenges ahead, such as the impact of president's tariffs and potential disruptions in the retail sector. Additionally, the recent credit events of major retailers like Saks and Eddie Bauer could affect earnings, but management remains confident in holding sales expectations flat. Despite these potential headwinds, Simon's multiple revenue levers and strong management suggest that it will continue to thrive in a growing economy where supply remains limited.

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.