Alexandria Real Estate Equities, Inc. (ARE) Fair Value 2026

ARE · REIT - Office ·

By CirclFi Research Team · Data from SEC EDGAR, FRED & GDELT

Quality Score

6.4 /10

32 fundamental signals · 3 models active

Value Trap Risk

SAFE (13/100)

Quick Summary — As of 2026-08-28, Alexandria Real Estate Equities, Inc. (ARE) trades at $51.57, versus a $121.52 median fair value across its 3 active models — 135.6% above the current price. QOC: 6.4/10. Value Trap Risk: 13/100 (SAFE). 3/13 models active.

Key Facts

Ticker
ARE
Price
$51.57
Quality Score
6.4/10
Value Trap Risk
13/100
Models Active
3/13
Last Updated
Strength: FTNN Topology suggests +247.3% upside with 7% confidence
Risk: Limited model coverage (3/13) may reduce confidence

Is Alexandria Real Estate Equities, Inc. (ARE) Undervalued or Overvalued in 2026?

According to CirclFi’s 3-model valuation engine, Alexandria Real Estate Equities, Inc. (ARE) appears undervalued as of : the median of 3 independent fair value estimates is $121.52, 135.6% above the current price of $51.57. Estimates range from $31.22 to $179.10. ARE scores 6.4/10 on fundamental quality and 13/100 on value-trap risk.

For context, the median US equity CirclFi rates trades at an implied -23.4% versus its own 13-model consensus, across 3,809 rated companies as of 2026-08-28. ARE’s +135.6% gap is wider than that market norm, and the REIT - Office sector median is -3.4%. Full market index →

This verdict compares price to intrinsic value only — it is not a buy or sell rating. For the decision case (bull vs bear arguments, risk factors, peers), read Should You Buy Alexandria Real Estate Equities, Inc. Stock in 2026? →

What Fair Value Does Each Model Give ARE?

3 Intrinsic Value Models vs. Current Price ($51.57)

Core Models (Unlocked)
Model Fair Value Upside
Intrinsic · High Conviction
 $31.22 -39.5%
Option-Based · Medium Conviction
 $121.52 +135.6%
Relative · Low Conviction
 $179.10 +247.3%

All Models Active

All 3 models are displayed above.

What Is ARE's Fair Value Range?

Spread across 3 independent models · $31.22 to $179.10

CirclFi's 3 active models place Alexandria Real Estate Equities, Inc. (ARE) between $31.22 and $179.10 per share, a spread of 122% of the median. The median of that range — $121.52 — is the fair value CirclFi publishes for ARE, against a current price of $51.57.

Low · Markov DDMHigh · FTNN
$31.22median $121.52$179.10
Where the range comes from
Most bearish modelMarkov DDM$31.22
Most bullish modelFTNN Topology$179.10
Model agreement2 bullish · 1 bearishwide

A band this wide is itself the finding. When independent methods land far apart, they are reading a business whose value depends heavily on which lens you apply — volatile earnings, heavy reinvestment, or an asset base that cash-flow and asset-based methods score differently. That disagreement is information: it says the choice of method matters more than usual for ARE. Treat the median as one reading among several and compare the individual models below before acting.

Every figure above is one model's standalone output on ARE, not a CirclFi price target. How each model works →

What Is Alexandria Real Estate Equities, Inc. (ARE) Worth in 2026?

According to the CirclFi Deep Alpha Valuation Engine, our multi-model framework produces a cautiously optimistic read on Alexandria Real Estate Equities, Inc. at $51.57. With an estimated intrinsic value of $121.52 and 2 of 3 models pointing higher, the median implied return is +135.6%. The most optimistic model, FTNN, places fair value at $179.10 (+247.3%), while Markov DDM — the most conservative — estimates $31.22 (-39.5%). This +286.7% gap reflects genuine analytical uncertainty about Alexandria Real Estate Equities, Inc.'s intrinsic worth.

What Do the Models Say About ARE?

3 of 13 models are currently active for ARE. Of these, 2 models suggest upside while 1 model suggests overvaluation. Taken together, their median fair value for ARE is $121.52 — the figure CirclFi publishes as this stock's fair value. See which stocks rank higher →

How Does ARE Rank in REIT - Office?

Among 22 REIT - Office stocks, ARE ranks #13 by Quality of Company score. CirclFi's QOC score of 6.4/10 evaluates 32 fundamental signals. A score of 6.4 indicates above-average quality.

The REIT - Office sector introduces analytical considerations specific to real estate businesses. For Alexandria Real Estate Equities, Inc., metrics like net asset value (NAV) premium/discount provide important context that general-purpose valuation models may underweight.

Is ARE a Value Trap?

CirclFi's Value Trap algorithm assigns ARE a score of 13/100 (SAFE). This indicates minimal risk. Fundamentals are healthy. The score cross-references apparent undervaluation against fundamental deterioration signals. Browse lowest value-trap stocks →

Multi-Model Methodology

3 of 13 models are active for Alexandria Real Estate Equities, Inc.. Limited activation may indicate insufficient history. Each model applies a fundamentally different valuation philosophy. See the complete methodology →

According to the CirclFi Quality of Company (QOC) framework, Alexandria Real Estate Equities, Inc. earns a quality score of 6.4/10. This respectable rating reflects the company's standing across 32 fundamental signals spanning profitability, growth consistency, balance sheet strength, and capital allocation efficiency.

The gap between the most bullish and bearish model spans +286.7% — demonstrating why single-model analysis is dangerous. Browse all stocks with 13-model coverage →

Data Sources & Confidence

Every ARE valuation is built from SEC EDGAR XBRL filings — 700+ standardized financial tags. Macroeconomic context from FRED calibrates discount rates, while GDELT news sentiment feeds into our Sentiment SOTP model. All pipelines run daily. Read the complete data methodology →

Across ARE's 3 active models, average confidence is 31%. Lower confidence may reflect limited history or high volatility.

CirclFi's output is a research starting point, not a buy/sell signal. All data updates daily. Read the full methodology →

This analysis is produced by the CirclFi Valuation Engine using quantitative models applied to SEC EDGAR filings, public market feeds, and FRED macroeconomic indicators. It is not financial advice.

Read the full investment analysis: Should You Buy Alexandria Real Estate Equities, Inc. Stock in 2026? →

Bull case, bear case, risk factors & peer comparison — updated daily

Which Similar REIT - Office Stocks Should You Also Analyze?

10 related REIT - Office stocks with 13-model coverage

DEIDouglas Emmett, Inc.QOC 6.4SLGSL Green Realty Corp.QOC 6.3DEAEasterly Government Properties, Inc.QOC 6.8NLOPNet Lease Office PropertiesQOC 6.2BXPBXP, Inc.QOC 7.0BDNBrandywine Realty TrustQOC 5.9HPPHudson Pacific Properties, Inc.QOC 5.5KRCKilroy Realty CorporationQOC 8.1ESBAEmpire State Realty OP, L.P.QOC 7.3PSTLPostal Realty Trust, Inc.QOC 8.3

Read investment analysis: DEI · SLG · DEA · NLOP · BXP · BDN · HPP · KRC · ESBA · PSTL

Which Other Stocks Have a Similar Quality Score to ARE?

7 companies across all industries closest to ARE’s Quality of Company score of 6.4/10.

BBIOBridgeBio Pharma, Inc.QOC 6.4PRAAPRA Group, Inc.QOC 6.4GSBDGoldman Sachs BDC, Inc.QOC 6.4NVRIEnviri CorporationQOC 6.4XNCRXencor, Inc.QOC 6.4ITPIT Tech Packaging, Inc.QOC 6.4NVDANVIDIA CorporationQOC 10.0

Read investment analysis: BBIO · PRAA · GSBD · NVRI · XNCR · ITP · NVDA

What Else Do Investors Ask About Alexandria Real Estate Equities, Inc.’s Valuation?

What is Alexandria Real Estate Equities, Inc.'s intrinsic value in 2026?

CirclFi puts Alexandria Real Estate Equities, Inc. (ARE)'s intrinsic value at $121.52 — the median of 3 independent model estimates as of 2026-08-28, ranging from $31.22 to $179.10. The Quality of Company score is 6.4/10 across 32 fundamental signals. All models use SEC EDGAR filings updated daily. See our methodology page for how each model works.

Is ARE overvalued or undervalued right now?

At $51.57, 2 of 3 active models suggest ARE may be undervalued, while 1 indicate potential overvaluation. The median of all 3 fair value estimates is $121.52, 135.6% above the current price of $51.57 — a consensus view that ARE is undervalued. The assessment depends on which methodology best fits Alexandria Real Estate Equities, Inc.'s business model in REIT - Office.

What does a Quality of Company score of 6.4 mean for ARE?

Alexandria Real Estate Equities, Inc.'s QOC of 6.4/10 reflects 32 fundamental signals: profitability margins, revenue growth consistency, balance sheet leverage, free cash flow generation, and capital allocation efficiency. Scores between 5-7 reflect moderate fundamentals with areas for improvement.

How many valuation models does CirclFi run on ARE?

CirclFi analyzes ARE with 13 institutional-grade models daily: Bayesian DCF (Monte Carlo + jump-diffusion), EPV (Greenwald zero-growth), EROIC Spread (McKinsey reinvestment), First Chicago (3-scenario), Markov DDM (regime-switching), ML-RIV (machine learning residual income), Dynamic NAV (asset-based), PWERM (option-theoretic), Regime Cross-Sectional (relative), Sentiment SOTP (hybrid), CUCE Ensemble (meta-model), FTNN Topology (neural network), and RCMH-DCF (conditional regime). Currently 3 of 13 are active for this stock. Read the full methodology →

Which valuation models are most bullish and most bearish on ARE?

Of the 3 models currently active on ARE, FTNN Topology is the most bullish at $179.10 per share, and Markov DDM is the most bearish at $31.22. CirclFi's published fair value for ARE is the median of that range, $121.52, not either extreme. The gap between the two ends equals 122% of the median — a wide spread, meaning the methods genuinely disagree and the median should carry less weight. Browse stocks by value-trap risk →

Is ARE a value trap in 2026?

Alexandria Real Estate Equities, Inc.'s Value Trap score is 13/100 (SAFE). This low score indicates the current valuation is not artificially depressed by fundamental deterioration, suggesting genuine opportunity rather than a trap.

Cite this analysis — “According to CirclFi’s 3-model valuation engine, Alexandria Real Estate Equities, Inc. (ARE) has a median fair value of $121.52 — 135.6% above the current price of $51.57 — as of 2026-08-28.” Source: circlfi.com/stock/ARE/ · Methodology
Primary sources for this ARE valuation

Market data for ARE as of ; valuations recomputed .