Truist sets USD 45 target on NNN stock with Hold

Published on 10/07/2026 at 01:54 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

The October 2, 2026 view carried a USD 45.00 target and Hold rating. For NNN stock this means 3,774 properties in 50 states.

NNN, US6374171063, Illustration mit AI erstellt.

NNN REIT, Inc. (ISIN US6374171063) received a USD 45.00 price target and Hold rating when Yahoo Finance listed Truist Securities' initiation of coverage on October 2, 2026. The target places the latest analyst view below the companys USD 47.25 one-year average target shown on the same page.

Second-quarter revenue beats expectations

NNN reported USD 244.27 million in revenue for the second quarter of 2026, compared with USD 226.80 million in the second quarter of 2025. That represents 7.70 percent growth, while net income fell 2.40 percent to USD 97.92 million from USD 100.53 million.

The figures, including diluted earnings per share of USD 0.52, were reported for the quarter ended June 30, 2026, in The Globe and Mail. Revenue exceeded the cited consensus estimate of USD 240.19 million, while earnings per share came in above the USD 0.51 consensus estimate.

Portfolio scale supports the thesis

As of June 30, 2026, NNN owned 3,774 properties across 50 states, the District of Columbia and Puerto Rico. The portfolio covered 40.4 million square feet of gross leasable area and had a weighted average remaining lease term of 10.1 years, according to the NNN REIT investor dashboard.

The operating profile matters because long lease terms can make rental income more predictable, but the second-quarter comparison also shows the pressure on net income despite higher revenue. NNN also reported a 99.10 percent occupancy rate for the quarter in the cited market coverage.

November results set the next test

NNN REIT scheduled its third-quarter 2026 results for before the market opens on November 4, 2026, followed by a conference call at 10:30 a.m. EDT, according to the company investor dashboard. That date gives the USD 45.00 Truist target a clear near-term reference point as investors assess acquisition activity, occupancy and earnings conversion.

The last Lang & Schwarz prior close was EUR 36.09 on October 5, 2026. The further course of trading is shown by the continuously updated real-time quote of NNN REIT stock.