Equity ResidentialStock trades below analyst consensus price target ahead of Q2 earnings, with mixed analyst views and a fair value narrative suggesting slight undervaluation.

Equity Residential shares closed at US$68.69, modestly below the analyst consensus price target of US$71.56, as investors look ahead to the company's fiscal 2026 second-quarter earnings release on July 22 after the close. The most bullish analyst target stands at US$80.00, while the most bearish is US$63.00. The stock has returned 12.35% over the past 90 days and 10.74% year to date, with a one-year total shareholder return of 7.48%. The prevailing fair value narrative suggests the stock is about 4% undervalued, though that view could be challenged by softer urban rental demand or lower merger synergies.
Equity ResidentialStock trades below analyst consensus price target ahead of Q2 earnings, with mixed analyst views and a fair value narrative suggesting slight undervaluation.