VICI Properties

VICI · NYSE

$23.37+$0.27 (+1.17%)TodayMarket closed · Oct 20, 4:05 PM ET

Prev close $23.10

VICI analyst rating

BuyConsensus of 16 analysts over the last 12 months. 50% rate it a buy.

Strong buy0
Buy8
Hold8
Underperform0
Sell0

12-month price target · 27 analysts

Average $32.68 (+39.9% upside)

Low: $26.26
Now: $23.37
High: $39.90

Upgrades and downgrades

The latest rating actions, newest first

VICI analyst upgrades, downgrades and rating actions
Firm	Date	Action	Rating	Price target	Hit rate
Truist Securities	Oct 20, 2026	Maintains	Buy	$38.00 → $32.00	39%
Barclays	Oct 20, 2026	Maintains	Overweight	$31.00 → $28.00	38%
Wells Fargo	Oct 19, 2026	Maintains	Equal-Weight	$26.00 → $24.00	48%
Macquarie	Oct 7, 2026	Maintains	Outperform	$36.00 → $34.00	40%
Citizens	Oct 2, 2026	Maintains	Market Outperform	$35.00 → $31.00	44%
JP Morgan	Sep 24, 2026	Downgrade	Overweight → Neutral	$30.00	58%
Scotiabank	Sep 24, 2026	Maintains	Sector Perform	$29.00 → $26.00	47%
Evercore ISI Group	Sep 21, 2026	Maintains	In-Line	$31.00 → $30.00	45%
Morgan Stanley	Sep 15, 2026	Maintains	Equal-Weight	$31.00 → $29.00	56%
Mizuho	Sep 2, 2026	Maintains	Neutral	$30.00 → $27.00	44%

The case for and against

Updated Oct 19, 2025

Bull case

VICI Properties Inc. has demonstrated strong execution since its IPO, which positions the company favorably for potential multiple expansion in the future. The establishment of a strategic partnership with Cain International and Eldridge Industries highlights VICI's commitment to investing in high-growth, experiential-driven real estate, further enhancing its portfolio. Additionally, the company has flexibility in its capital structure through the option to increase its credit facility by up to $1.0 billion, supporting its growth and investment initiatives.

Bear case

VICI Properties Inc. faces significant risks that could adversely impact its financial performance, primarily stemming from sensitivity to interest rate fluctuations. Additionally, changing regional gaming fundamentals present uncertainties that may affect revenue generation and occupancy rates at its extensive portfolio of assets. The potential for softness in the commercial and regional gaming real estate markets further complicates the investment landscape, raising concerns about future growth and stability.

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.