Innovative Industrial Properties, Inc. (IIPR)
NYSE: IIPR · Real-Time Price · USD
50.14
-0.73 (-1.44%)
At close: Dec 5, 2025, 4:00 PM EST
50.81
+0.67 (1.35%)
After-hours: Dec 5, 2025, 7:50 PM EST
IIPR Stock Forecast
Stock Price Forecast
The 4 analysts with 12-month price forecasts for IIPR stock have an average target of 88.5, with a low estimate of 44 and a high estimate of 130. The average target predicts an increase of 76.51% from the current stock price of 50.14.
Analyst Consensus: Hold
* Price targets were last updated on Nov 5, 2025.
Analyst Ratings
The average analyst rating for IIPR stock from 8 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.
Recommendation Trends
| Rating | Jul '25 | Aug '25 | Sep '25 | Oct '25 | Nov '25 | Dec '25 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 2 | 2 | 2 | 2 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 4 | 4 | 4 | 4 | 4 | 4 |
| Sell | 1 | 1 | 1 | 1 | 1 | 1 |
| Strong Sell | 1 | 1 | 1 | 1 | 1 | 1 |
| Total | 8 | 8 | 8 | 8 | 8 | 8 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Piper Sandler | Piper Sandler | Sell Maintains $43 → $44 | Sell | Maintains | $43 → $44 | -12.25% | Nov 5, 2025 |
| Wolfe Research | Wolfe Research | Buy → Hold Downgrades n/a | Buy → Hold | Downgrades | n/a | n/a | Jul 2, 2025 |
| Piper Sandler | Piper Sandler | Sell Maintains $55 → $45 | Sell | Maintains | $55 → $45 | -10.25% | Apr 15, 2025 |
| Compass Point | Compass Point | Hold → Strong Sell Downgrades $60 → $50 | Hold → Strong Sell | Downgrades | $60 → $50 | -0.28% | Mar 31, 2025 |
| Piper Sandler | Piper Sandler | Sell Maintains $60 → $55 | Sell | Maintains | $60 → $55 | +9.69% | Mar 31, 2025 |
Financial Forecast
Revenue This Year
270.47M
from 308.52M
Decreased by -12.33%
Revenue Next Year
275.06M
from 270.47M
Increased by 1.70%
EPS This Year
3.98
from 5.52
Decreased by -28.00%
EPS Next Year
4.19
from 3.98
Increased by 5.26%
Revenue Forecast
| Revenue | 2025 | 2026 | 2027 |
|---|---|---|---|
| High | 281.0M | 300.5M | |
| Avg | 270.5M | 275.1M | |
| Low | 258.7M | 258.8M |
Revenue Growth
| Revenue Growth | 2025 | 2026 | 2027 |
|---|---|---|---|
| High | -8.9% | 11.1% | |
| Avg | -12.3% | 1.7% | |
| Low | -16.1% | -4.3% |
EPS Forecast
| EPS | 2025 | 2026 |
|---|---|---|
| High | 4.15 | 4.47 |
| Avg | 3.98 | 4.19 |
| Low | 3.77 | 3.87 |
EPS Growth
| EPS Growth | 2025 | 2026 |
|---|---|---|
| High | -24.9% | 12.4% |
| Avg | -28.0% | 5.3% |
| Low | -31.7% | -2.7% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.