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WELL

Welltower Inc

NYSE: WELL · REAL ESTATE · REIT - HEALTHCARE FACILITIES

$212.09
-1.00% today

Updated 2026-04-29

Market cap
$153.42B
P/E ratio
105.50
P/S ratio
13.04x
EPS (TTM)
$2.06
Dividend yield
1.40%
52W range
$141 – $220
Volume
2.9M
OverviewPrice TargetsFinancialsValuationInsidersEarnings

Welltower Inc (WELL) Financial Forecast & Price Target 2030

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

Price target summary

Current
$212.09
Consensus
$226.75
+6.91%
2030 Target
$343.96
+62.18%
DCF
$131.57
-58.00% MoS
12 analysts:
8 Buy2 Hold0 Sell

Management guidance

Welltower reported Q4 2025 revenue of $3.18B with 41.33% YoY growth and raised full-year 2026 EPS guidance. Management has demonstrated strong execution on acquisition pipeline and portfolio optimization, with normalized FFO growth and a 10% dividend increase signaling confidence in sustained mid-to-high single-digit revenue growth trajectory through 2026-2027.

Sources: Management guidance, analyst consensus, sector analysishigh confidence

Revenue & price projection

Actual revenue Projected revenue Base case Bull to bear range
Bull case (2030)
$566.52
$19.2B Rev × 20x P/S
Base case (2030)
$343.96
$19.2B Rev × 12x P/S
Bear case (2030)
$222.56
$19.2B Rev × 8x P/S

Financial forecast — research-backed

Metric2023202420252026 (E)2027 (E)2028 (E)2029 (E)2030 (E)
Revenue$6.5B$7.9B$10.7B$13.9B$14.8B$15.7B$17.6B$19.2B
Revenue growth—21.2%35.8%28.7%6.1%6.0%8.9%8.8%
EPS$0.64$1.71$1.81$2.99$3.14$3.35$3.85$4.20
P/S ratio———12.0x12.0x12.0x12.0x12.0x
Implied price———$242.80$263.03$283.26$303.50$343.96

Catalysts & risks

Growth catalysts
+ Senior housing occupancy recovery and operator credit stabilization driving same-store NOI growth
+ Continued M&A execution with $2.5B+ external growth pipeline (peer Ventas guidance)
+ Credit rating upgrades from S&P and Moody's supporting lower cost of capital for acquisitions
+ Demographic tailwinds from aging Baby Boomer population (70M+ seniors by 2030)
+ Portfolio repositioning toward higher-margin wellness and life science segments
Key risks
- High leverage and debt maturity cliff in 2026-2027 requiring refinancing in potentially higher-rate environment
- Senior housing operator credit risk and occupancy volatility in post-pandemic normalization
- Rising labor costs in healthcare facilities sector pressuring margins
- REIT valuation compression if interest rates rise unexpectedly
- Execution risk on large M&A integration (acquisitions driving 35.63% YoY growth in 2025)

Methodology

Welltower Inc's forward estimates are derived from AI-powered research synthesis combining analyst consensus from 12 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 6, 2026.