Mizuho raises target for Rexford Industrial stock to USD 41.00

Published on 10/20/2026 at 22:03 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Rexford reports third-quarter results on October 22, 2026. Rexford Industrial stock costs EUR 33.04 on October 20, 2026 at Lang & Schwarz.

Target and earnings date

Mizuho raised its Rexford target from USD 38.00 to USD 41.00 on October 13, 2026.
Second-quarter 2026 revenue reached USD 245.51 million.
Rexford Industrial stock costs EUR 33.04 at Lang & Schwarz on October 20, 2026 at 10:00 p.m. CEST.
Third-quarter results are scheduled for October 22, 2026.

REXR, US76169C1009, Illustration mit AI erstellt.

Rexford Industrial Realty (ISIN US76169C1009) has a new USD 41.00 price target from Mizuho, which upgraded the stock from Neutral to Outperform and raised its previous USD 38.00 target on October 13, 2026, according to Markets Insider. The new target is 10.48 percent above the USD 37.11 primary-market price cited for October 20, 2026. At Lang & Schwarz, the stock was trading at EUR 33.04 on October 20, 2026 at 10:00 p.m. CEST.

Target leaves earnings in view

Mizuho's upgrade came ahead of Rexford's scheduled third-quarter report. The firm cited a valuation discount to peers, Los Angeles business formations and positive net absorption, while highlighting disposition volume and pricing as issues investors would monitor, according to Markets Insider.

The latest reported quarter showed a mixed operating picture. Rexford posted USD 245.51 million of total revenue in the second quarter of 2026, while net loss attributable to common stockholders reached USD 506.9 million, or USD 2.26 per diluted share. The loss included USD 624.8 million of real-estate impairments, according to Asset Market News.

Portfolio metrics set the price frame

For the second quarter of 2026, company share of Core FFO was USD 0.63 per diluted share, up 6.8 percent from USD 0.59 a year earlier. Average same-property occupancy was 95.7 percent, while same-property cash NOI increased 1.5 percent, showing the difference between recurring property performance and reported GAAP earnings.

Rexford's primary listing is on the New York Stock Exchange. Its market capitalization was USD 8.5 billion on October 20, 2026, and its 52-week range was USD 32.14 to USD 44.21. The stock therefore stood USD 7.10 above its yearly low and USD 7.10 below its yearly high based on the USD 37.11 market quote.

What comes next for results

Rexford is scheduled to report third-quarter 2026 results on October 22, 2026, after the market closes, with the conference call set for October 23 at 11:00 a.m. ET, according to MarketBeat. Its consensus forecast calls for USD 234.41 million of revenue and USD 0.3534 of earnings per share, compared with USD 253.24 million and USD 0.60 in the year-earlier quarter.

The next report will test whether recurring operating measures can offset the effect of asset impairments in reported earnings. It will also give investors a fresh view of leasing demand and the company's portfolio realignment.

Rexford stock after hours

Rexford's EUR 33.04 quote at Lang & Schwarz on October 20, 2026 at 10:00 p.m. CEST places the German-market indication below the USD 41.00 Mizuho target when the currencies are considered separately. The target, earnings date and operating figures give the stock a defined set of near-term reference points.

The further course of trading is shown by the continuously updated real-time quote of Rexford Industrial Realty stock.