What is VICI stock price target for 2026?

WallStSmart's 12-month price target for VICI Properties Inc is $27.29, representing 4.6% downside from the current price of $28.60.

What is VICI stock forecast?

VICI Properties Inc forecast includes bull, base, and bear case scenarios from 2026 through 2030. Revenue and EPS projections are derived from analyst consensus and conservative extrapolation with growth deceleration for outer years.

Is VICI undervalued based on price targets?

Our DCF intrinsic value for VICI Properties Inc is $57.61, against a current price of $28.60. The margin of safety is 49.37%.

VICI

VICI Properties Inc

NYSE: VICI · REAL ESTATE · REIT - DIVERSIFIED

$28.60

-0.17% today

Updated 2026-04-29

Market cap

$30.63B

P/E ratio

10.98

P/S ratio

7.64x

EPS (TTM)

$2.61

Dividend yield

6.21%

52W range

$27 – $32

Volume

8.7M

Market cap

$30.63B

P/E ratio

10.98

P/S ratio

7.64x

EPS (TTM)

$2.61

Dividend yield

6.21%

52W range

$27 – $32

Volume

8.7M

VICI Properties Inc (VICI) Financial Forecast & Price Target 2030

Research-backed projections from analyst consensus, management guidance, and sector analysis.

Price target summary

Current

$28.60

Consensus

$34.00

+18.88%

2030 Target

$60.85

+112.76%

DCF

$57.61

+49.37% MoS

Current price

$28.60

Analyst consensus

$34.00

+18.88%

2030 Target

$60.85

+112.76%

Intrinsic (DCF)

$57.61

+49.37% MoS

13 analysts:

5 Buy5 Hold0 Sell

Management guidance

No specific CEO revenue targets disclosed in available documents. Management has focused on strategic acquisitions (Golden Entertainment, One Beverly Hills mezzanine loan, Canadian gaming assets) but has not provided explicit forward revenue guidance for 2026-2030. The company emphasizes accretive deal-making and long-term inflation-linked rental streams rather than top-line growth targets.

Sources: Management guidance, analyst consensus, sector analysishigh confidence

Revenue & price projection

Actual revenue Projected revenue Base case Bull to bear range

Bull case (2030)

$102.34

$5.4B Rev × 20x P/S

Base case (2030)

$60.85

$5.4B Rev × 12x P/S

Bear case (2030)

$41.49

$5.4B Rev × 8x P/S

Financial forecast — research-backed

Metric	2023	2024	2025	2026 (E)	2028 (E)	2029 (E)	2030 (E)
Revenue	$3.6B	$3.8B	$4.0B	$4.3B	$4.8B	$5.1B	$5.4B
Revenue growth	—	6.6%	4.1%	7.0%	6.0%	6.5%	6.5%
EPS	$2.48	$2.65	$2.66	$2.88	$3.25	$3.48	$3.72
P/S ratio	—	—	—	12.0x	12.0x	12.0x	12.0x
Implied price	—	—	—	$47.02	$52.55	$58.09	$60.85

Catalysts & risks

Growth catalysts

+ Golden Entertainment take-private closing (Q2 2026) - adds significant gaming assets to lease portfolio

+ One Beverly Hills project completion and revenue contribution from $1.5B mezzanine loan

+ Canadian gaming assets acquisition ($144.4M) closing mid-2026 - incremental rent of CAD$16.1M annually

+ Accretive lease renegotiations and master lease renewals with extended terms and escalation provisions

Key risks

- Gaming industry cyclicality and discretionary consumer spending sensitivity to economic downturns

- Caesars lease uncertainty and potential renegotiation impacts (mentioned by Scotiabank downgrade)

- Rising interest rates affecting REIT financing costs and debt service (EV/EBITDA 12.89x, debt/equity 0.64x)

- Concentration risk in gaming and hospitality real estate asset class

Methodology

VICI Properties Inc's forward estimates are derived from AI-powered research synthesis combining analyst consensus from 13 Wall Street analysts, management guidance from the latest earnings call, and sector growth forecasts from industry research. Revenue and EPS projections use analyst consensus where available and conservative extrapolation with growth deceleration for outer years. Price targets are calculated using a tiered Price-to-Sales (P/S) methodology, where the P/S multiple is determined by the projected revenue growth rate.

WallStSmart proprietary research model · Not financial advice · Past performance is not indicative of future results · Last researched: April 7, 2026.