B+
Bull case
20%
Probability
Target price
$72.00
Analysis reference price unavailable
Analysis 2026-08-08 · RankAlpha Sentiment Codex
O
Realty IncomeCNYSE / Equity Real Estate Investment Trusts (REITs)
Last Price
Quote time unavailable
Current thesis
The Q2 print showed recurring-income resilience, positive AFFO growth, high occupancy, strong rent recapture, substantial investment activity, and a small upward revision to full-year AFFO guidance. Pre-print Zacks context cited $1.09 per share and $1.54 billion of revenue; the official release reported $1.09 AFFO per share and $1.548 billion of revenue, but the forecast metric is not explicitly reconciled to AFFO, so no definitive consensus beat is claimed.
Posture
Mixed
Lead driver
Sentiment
What changed
Sentiment remains the lead driver in the composite, 7D delta +7.4.
What can break
A modest guidance increase may be insufficient to support a material rerating if broader REIT valuation conditions weaken.
Momentum
49
Value
62
Sentiment
59
Setup hits (3d)
0 · Net Neutral
AI TargetsBase $68.11 · Bull $72.00 · Bear $57.00Analysis 2026-08-08; returns require an exact persisted reference.
Data freshness
Prices
Unavailable: Price unavailable
Fundamentals
As of 2026-08-17 • Vendor: Data Vendor v1
Scores
As of 2026-09-09 • Model: HYBRID_IC_RP
AI Memo
As of 2026-08-08 • Model: RankAlpha Sentiment Codex
Investment thesisAs of 2026-09-09
Investment thesis
As of 2026-09-09
Grade is the composite factor band; factor scores use a 0–100 scale. Confidence describes evidence quality, not a probability of return. Score date: 2026-09-09. Definitions
Supporting evidence
What
Grade C · Mixed
Confidence Medium · Net Neutral
Target $68.07
Why
Momentum49 · Δ7d -10.3
Value62 · Δ7d +1.0
Sentiment59 · Δ7d +7.4
So what
Balanced signals (Net Neutral). Wait for confirmation before sizing up.
Confirming evidence
- • Sentiment remains the lead driver in the composite, 7D delta +7.4.
Contradictions & invalidation
- • A modest guidance increase may be insufficient to support a material rerating if broader REIT valuation conditions weaken.
- • Execution risk in the hyperscale data-center joint venture and private-capital expansion.
- • The guidance increase was limited, the August 7 price response was only about 0.24%, and no verified post-print analyst revisions, rating changes, or target changes are available.
Catalyst clock
2026-08-05
August 5 Q2 print: AFFO growth and guidance increase
Lead driver: Sentiment · See AI snapshot
Momentum
49
9% active weight
Current posture
7d trendSoftening
Δ7d
-10.3
Δ21d
+2.7
Value
62
28% active weight
Current posture
7d trendFlat
Δ7d
+1.0
Δ21d
+1.0
Sentiment
59
62% active weight
Current posture
7d trendImproving
Δ7d
+7.4
Δ21d
+4.6
Why this grade
Composite grade C. Momentum 49.2 / Value 61.6 / Sentiment 58.7
Scenario snapshot
Scenario probability is memo-authored likelihood, not forecast certainty. Targets belong to the analysis dated 2026-08-08. Scenario method
Most likely
B
Base case
55%
Probability
Target price
$68.11
Analysis reference price unavailable
Analysis 2026-08-08 · RankAlpha Sentiment Codex
B-
Bear case
25%
Probability
Target price
$57.00
Analysis reference price unavailable
Analysis 2026-08-08 · RankAlpha Sentiment Codex
Fundamentals (TTM)As of 2026-08-17
Fundamentals (TTM)
As of 2026-08-17
Market Cap
$59.04B
Beta
0.79
Shares Out
946.22M
P/E (TTM)
54.0
P/S (TTM)
9.50
P/FCF (TTM) · Derived
57.62
Rev YoY
+9.4%
EPS YoY
+68.9%
Gross Margin
+50.8%
Op Margin
+45.6%
Net Debt
$30.4B
Current Ratio
0.50
As of 2026-09-09 • Updated nightlySource: Internal modelMethods & Data