W.p. Carey

WPC · NYSE

$64.19+$0.42 (+0.66%)TodayMarket closed · Oct 20, 7:30 PM ET

Prev close $63.77

WPC analyst rating

BuyConsensus of 14 analysts over the last 12 months. 50% rate it a buy.

Strong buy0
Buy7
Hold7
Underperform0
Sell0

12-month price target · 15 analysts

Average $80.34 (+25.2% upside)

Low: $68.68
Now: $64.19
High: $92.40

Upgrades and downgrades

The latest rating actions, newest first

WPC analyst upgrades, downgrades and rating actions
Firm	Date	Action	Rating	Price target	Hit rate
Barclays	Oct 20, 2026	Maintains	Equal-Weight	$80.00 → $76.00	50%
Wells Fargo	Oct 19, 2026	Maintains	Overweight	$80.00 → $73.00	48%
Scotiabank	Sep 24, 2026	Maintains	Sector Perform	$76.00 → $68.00	47%
Jefferies	Sep 22, 2026	Initiates	Buy	$73.00	33%
Evercore ISI Group	Sep 21, 2026	Maintains	In-Line	$77.00 → $75.00	45%
Scotiabank	Sep 17, 2026	Maintains	Sector Perform	$77.00 → $76.00	47%
Barclays	Sep 4, 2026	Upgrade	Underweight → Equal-Weight	$80.00	50%
Scotiabank	Aug 13, 2026	Maintains	Sector Perform	$76.00 → $77.00	47%
RBC Capital	Jul 30, 2026	Maintains	Sector Perform	$73.00 → $77.00	38%
Evercore ISI Group	Jul 30, 2026	Maintains	In-Line	$75.00 → $77.00	45%

The case for and against

Updated Jan 19, 2026

Bull case

W.P. Carey's positive outlook is supported by an increase in AFFO per share estimates for 2025 and 2026, reflecting heightened acquisition volumes and lower credit loss along with a reduced cost of capital, indicating a robust operational performance. The company also experienced a 5% beat in Q2 2025, prompting improved guidance and adjustments to P/AFFOPS multiples due to an encouraging trend in tenant credit risk and reduced competition in the net lease REIT sector. Furthermore, management highlighted that recent stability in interest rates has positively impacted transaction activity, particularly with European deals presenting favorable risk-adjusted returns driven by lower debt costs.

Bear case

W.P. Carey Inc. faces significant risks that contribute to a negative outlook on its stock, primarily due to its below-average concentration of investment-grade rated tenants, which increases the likelihood of credit issues affecting its portfolio. Additionally, the company is exposed to geopolitical risk from its diverse geographical holdings, which heightens vulnerabilities associated with economic trends and market dynamics. Furthermore, W.P. Carey's anticipated contraction in acquisition spreads and reliance on equity financing for future acquisitions may hinder its growth prospects, further pressuring its financial stability and dividend sustainability.

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.