Truist starts coverage with a USD 75.00 target for Agree Realty stock

Published on 10/08/2026 at 13:14 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Agree Realty stock was at EUR 58.20 on October 8, 2026 versus EUR 58.70. Q2 revenue reached USD 205.10 million, up 17.00 percent year over year.

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Agree Realty stock was at EUR 58.20 at Lang & Schwarz on October 8, 2026 at 1:07 p.m. CEST, down 0.85 percent versus the prior close of EUR 58.70. On October 1, 2026, Truist analyst Linda Tsai began coverage with a Buy rating and a USD 75.00 price target, as Business Insider reported.

Coverage starts below recent targets

The USD 75.00 target is below several earlier broker targets cited in the same October 1 report. Stifel had cut its target from USD 84.00 to USD 81.50 on September 18, while Evercore ISI had lowered its target from USD 87.00 to USD 85.00, according to Business Insider. The spread between the new Truist target and the Lang & Schwarz euro quote cannot be calculated because the two figures use different currencies.

Revenue growth meets an earnings test

Agree Realty generated USD 205.10 million of revenue in the second quarter of 2026, up 17.00 percent from the second quarter of 2025. Net income reached USD 52.80 million, up 12.00 percent year over year, while diluted earnings per share came in at USD 0.44, according to Simply Wall St. The combination matters for the stock: rental growth remains measurable, but earnings per share still determines how much of that expansion reaches shareholders.

Market data place the primary-exchange market capitalization at USD 7.8 billion and the 52-week range at USD 64.98 to USD 82.08 as of October 7, 2026. The Lang & Schwarz price is stated separately in euros because it is the reference quote for this article.

Results date sets the next checkpoint

Agree Realty is scheduled to release third-quarter 2026 operating results after the market close on October 20, 2026, followed by a conference call on October 21 at 9:00 a.m. ET, according to Business Wire. That date gives investors a defined test for revenue growth, earnings per share and the companys ability to support its monthly distribution.

Agree Realty operates a retail-focused real estate investment trust listed on the New York Stock Exchange under ticker ADC. The companys investor materials state that its portfolio contained 2,825 properties across 50 states and 60 million square feet as of June 30, 2026, while 66 percent of properties were investment grade.

Stock remains below its yearly range midpoint

The stock was at EUR 58.20 at Lang & Schwarz on October 8, 2026 at 1:07 p.m. CEST, down 0.85 percent versus the prior close of EUR 58.70. The further course of trading is shown by the continuously updated real-time quote of Agree Realty stock.