Companies: 10,795·Total market cap: $144.5T
Innovative Industrial Properties, Inc.

Innovative Industrial Properties, Inc.

IIPRNYSEReal Estate● Active
$59.77
+$1.21(+2.07%)
Market Cap$1.7B
P/E Ratio
52W High$61.395
52W Low$44.58
Overview

Innovative Industrial Properties, Inc. (IIPR) Stock Forecast & Analyst Price Target

Wall Street consensus, 12-month price targets, model projections, and EPS/revenue estimates — from analyst data and price history.

iipr · stock forecast · 11 analysts (3M) · FMP · updated Jun 8, 2026

Analyst Rating & Consensus

Based on 11 Wall Street analysts in the past 3 months

SellBuy

Hold

11 analysts

consensus

Rating Breakdown

Strong Buy
0
Buy
4
Hold
6
Sell
1
Strong Sell
0
Total: 11 · Buy rate: 36.4%

12-Month Price Target

High

$150

Consensus

$84.67

+44.6% upside

Low

$44.00

Median: $60 · Last Close: $58.56

The Innovative Industrial Properties, Inc. (IIPR) analyst consensus is Hold, based on ratings from 11 Wall Street analysts over the past 3 months. The average 12-month IIPR price target is $84.67, representing +44.6% upside from the current price of $58.56.

12-Month Price Target Forecast

Historical closing prices + analyst 12-month price target forecast cone

Historical priceConsensus $85 (44.6%)

Consensus Target

$84.67

44.6% upside

High Target

$150

156.1%

Low Target

$44

-24.9%

Current Price

$58.56

as of today

Based on analyst price targets, the IIPR stock price prediction for the next 12 months ranges from $44 to $150. The consensus IIPR price forecast of $84.67 implies 44.6% upside from the current price of $58.56.

Short-Term Price Prediction

Algorithmically generated · Updated daily

DatePredicted PriceChange
2026-06-09$59.281.23%

1-day model range: $58.94–$59.62. Peak: $59.62 (+1.23%).

Long-Term Stock Price Prediction

Annual stock price forecast · 2027 / 2028 / 2029 / 2030 / 2031

YearAvg PriceChange
2027$56-4.3%
2028$55-6.5%
2029$54-7.7%
2030$54-8.4%
2031-8.8%
Confidence:Medium

Stock Forecast Based on Technical Analysis

14 TA signals (SMA×6 + EMA×6 + RSI + MACD) · EEAT method transparency

Market Sentiment

BULLISH

Based on 14 technical indicators

93%0%7%
13Buy
0Neutral
1Sell
RSI (14)80.3Overbought
MACDBULLISH

Refreshes daily from EOD close

Moving Averages · IIPR · Jun 8, 2026

Simple Moving Average (SMA)
MA 5$57.90BUY
MA 10$57.74BUY
MA 20$56.61BUY
MA 50$54.33BUY
MA 100$52.41BUY
MA 200$52.61BUY
Current $IIPR · Price above MA = BUY signal
Exponential Moving Average (EMA)
EMA 5$58.05BUY
EMA 10$57.60BUY
EMA 20$56.83BUY
EMA 50$55.09BUY
EMA 100$53.77BUY
EMA 200$55.01BUY
Current $IIPR · Price above MA = BUY signal
How we calculate: Technical sentiment is derived from 14 indicators — SMA(5,10,20,50,100,200), EMA(5,10,20,50,100,200), RSI(14), and MACD(12,26,9) — calculated from historical EOD price data. BUY = current price above MA; SELL = below. 14 TA signals + historical EOD price data · Updated daily. Independent of analyst consensus data. Not investment advice.

Latest Analyst Ratings & Upgrades

Filter:
Compass Point2026-03-03
Upgrade ↑
SellNeutral
Piper Sandler2026-02-25
Maintains
UnderweightUnderweight
Piper Sandler2025-11-05
Maintains
UnderweightUnderweight
Wolfe Research2025-07-02
Downgrade ↓
OutperformPeer Perform
Piper Sandler2025-04-15
Maintains
UnderweightUnderweight
Compass Point2025-03-31
Downgrade ↓
NeutralSell
Piper Sandler2025-03-31
Maintains
UnderweightUnderweight
Compass Point2025-03-18
Maintains
NeutralNeutral
Piper Sandler2025-03-17
Maintains
UnderweightUnderweight
Citizens Capital Markets2025-03-17
Maintains
Market PerformMarket Perform

Wall Street analysts have recently issued updated ratings on Innovative Industrial Properties, Inc. (IIPR) stock. Of the recent 53 rating actions, 4 were upgrades and 10 were downgrades. 11 analysts currently cover IIPR.

Analyst Recommendation Trends

Buy ratings00
Hold ratings211
Sell ratings303

IIPR analyst recommendation trends show stable buy-side sentiment over the past 6 months. Buy rating actions changed from 0 to 0 per month.

Financial Forecast: EPS & Revenue Estimates

Revenue This Year

$312M

↑ 17.8% YoY

Revenue Next Year

$308M

↓ 1.5% YoY

EPS This Year

$5.75

EPS Next Year

$5.57

↓ 3.0% YoY

EPS ForecastReported vs Estimated

Reported EPSHistorical estimateAnalyst forecast (future)

Analysts forecast IIPR EPS of $5.75 for the current fiscal year, based on estimates from 1 analysts. The IIPR revenue forecast is $312M for the current year. These are analyst consensus estimates via FMP / S&P Global.

About Forecast & Price Prediction

The IIPR stock forecast is supported by two independent data sources: analyst consensus ratings from 11 Wall Street analysts (S&P Global / FMP), and technical analysis calculated from historical EOD price data. The consensus IIPR price target is $84.67 (+44.6% upside), with an analyst consensus of Hold.

The IIPR short-term stock prediction for tomorrow is $59.28 (+1.23%). The IIPR stock price prediction for 2027 estimates an average of $56. The IIPR stock prediction for 2030 projects a range of $50–$57.

Innovative Industrial Properties, Inc. trades on NYSE under the ticker IIPR. The IIPR stock outlook for 2027 is broadly mixed, supported by a Hold consensus among 36% of covering analysts.

FAQ answers synthesize analyst targets, estimates, and on-page model outputs where shown.

Frequently asked questions

IIPR forecast · 8 questions

According to 11 Wall Street analysts, the average 12-month IIPR price target is $84.67, with a high forecast of $150.00 and a low of $44.00. The median price target is shown in the chart above when available. This implies +44.6% potential upside from the current price of $58.56.

IIPR price targetWhat is IIPR price targetIIPR analyst price targetIIPR 12-month target

· Analyst data: Financial Modeling Prep (FMP) · S&P Global Market Intelligence · Technical analysis: FMP /historical-price-eod/light · Updated: Hourly (analyst) · Daily (technical)

⚠ This information is provided for informational purposes only and does not constitute investment advice. Short-term and long-term price predictions are algorithmically generated and carry significant uncertainty. Past performance does not guarantee future results. Always conduct your own due diligence before making investment decisions.