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Vornado Realty Trust has a consensus price target of $31.6 based on the ratings of 15 analysts. The high is $44 issued by Compass Point on February 12, 2025. The low is $12 issued by Morgan Stanley on May 30, 2023. The 3 most-recent analyst ratings were released by Evercore ISI Group, Piper Sandler, and Morgan Stanley on April 2, 2026, April 1, 2026, and March 31, 2026, respectively. With an average price target of $31 between Evercore ISI Group, Piper Sandler, and Morgan Stanley, there's an implied 3.68% upside for Vornado Realty Trust from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Vornado Realty Trust (NYSE:VNO) was reported by Evercore ISI Group on April 2, 2026. The analyst firm set a price target for $37.00 expecting VNO to rise to within 12 months (a possible 23.75% upside). 29 analyst firms have reported ratings in the last year.
The latest analyst rating for Vornado Realty Trust (NYSE:VNO) was provided by Evercore ISI Group, and Vornado Realty Trust maintained their outperform rating.
The last upgrade for Vornado Realty Trust happened on November 24, 2025 when JP Morgan raised their price target to $41. JP Morgan previously had an underweight for Vornado Realty Trust.
The last downgrade for Vornado Realty Trust happened on December 11, 2023 when Evercore ISI Group changed their price target from $23 to $28 for Vornado Realty Trust.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Vornado Realty Trust, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Vornado Realty Trust was filed on April 2, 2026 so you should expect the next rating to be made available sometime around April 2, 2027.
While ratings are subjective and will change, the latest Vornado Realty Trust (VNO) rating was a maintained with a price target of $40.00 to $37.00. The current price Vornado Realty Trust (VNO) is trading at is $29.90, which is out of the analyst’s predicted range.
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| Buy Now | Get Alert | ||||||
|---|---|---|---|---|---|---|---|
| 04/02/2026 | Buy Now | 23.75% | Evercore ISI Group | $40 → $37 | Maintains | Outperform | Get Alert |
| 04/01/2026 | Buy Now | -6.35% | Piper Sandler | $36 → $28 | Maintains | Neutral | Get Alert |
| 03/31/2026 | Buy Now | -6.35% | Morgan Stanley | $32 → $28 | Maintains | Equal-Weight | Get Alert |
| 03/31/2026 | Buy Now | -6.35% | Truist Securities | $29 → $28 | Maintains | Hold | Get Alert |
| 03/25/2026 | Buy Now | 10.37% | JP Morgan | $41 → $33 | Maintains | Neutral | Get Alert |
| 03/17/2026 | Buy Now | -3.01% | Truist Securities | $34 → $29 | Maintains | Hold | Get Alert |
| 03/02/2026 | Buy Now | 7.02% | Scotiabank | $36 → $32 | Maintains | Sector Perform | Get Alert |
| 02/26/2026 | Buy Now | -6.35% | Barclays | $33 → $28 | Maintains | Underweight | Get Alert |
| 02/24/2026 | Buy Now | 13.71% | Mizuho | $40 → $34 | Maintains | Outperform | Get Alert |
| 02/11/2026 | Buy Now | 20.4% | Piper Sandler | $38 → $36 | Maintains | Neutral | Get Alert |
| 02/11/2026 | Buy Now | 43.81% | Evercore ISI Group | $42 → $43 | Maintains | Outperform | Get Alert |
| 01/14/2026 | Buy Now | 20.4% | Scotiabank | $38 → $36 | Maintains | Sector Perform | Get Alert |
| 12/16/2025 | Buy Now | 20.4% | Truist Securities | $40 → $36 | Maintains | Hold | Get Alert |
| 12/15/2025 | Buy Now | 40.47% | Evercore ISI Group | $43 → $42 | Maintains | Outperform | Get Alert |
| 12/12/2025 | Buy Now | 33.78% | Mizuho | $43 → $40 | Maintains | Outperform | Get Alert |
| 11/24/2025 | Buy Now | 37.12% | JP Morgan | $41 → $41 | Upgrade | Underweight → Neutral | Get Alert |
| 11/13/2025 | Buy Now | 27.09% | Scotiabank | $40 → $38 | Maintains | Sector Perform | Get Alert |
| 11/05/2025 | Buy Now | 27.09% | Piper Sandler | $39 → $38 | Maintains | Neutral | Get Alert |
| 09/15/2025 | Buy Now | 53.85% | Evercore ISI Group | $44 → $46 | Maintains | Outperform | Get Alert |
| 09/12/2025 | Buy Now | 33.78% | Truist Securities | $38 → $40 | Maintains | Hold | Get Alert |
| 09/12/2025 | Buy Now | 40.47% | Citigroup | $34 → $42 | Upgrade | Sell → Neutral | Get Alert |
| 08/28/2025 | Buy Now | 33.78% | Scotiabank | $45 → $40 | Maintains | Sector Perform | Get Alert |
| 08/25/2025 | Buy Now | 33.78% | B of A Securities | $42 → $40 | Maintains | Neutral | Get Alert |
| 08/21/2025 | Buy Now | 10.37% | Barclays | $32 → $33 | Maintains | Underweight | Get Alert |
| 08/06/2025 | Buy Now | 47.16% | Evercore ISI Group | $45 → $44 | Maintains | Outperform | Get Alert |
| 07/14/2025 | Buy Now | 50.5% | Scotiabank | $42 → $45 | Maintains | Sector Perform | Get Alert |
| 07/14/2025 | Buy Now | 43.81% | Mizuho | $48 → $43 | Maintains | Outperform | Get Alert |
| 06/03/2025 | Buy Now | 27.09% | Truist Securities | $37 → $38 | Maintains | Hold | Get Alert |
| 05/23/2025 | Buy Now | 30.43% | Piper Sandler | $38 → $39 | Maintains | Neutral | Get Alert |
| 04/10/2025 | Buy Now | 27.09% | Piper Sandler | $44 → $38 | Maintains | Neutral | Get Alert |
| 03/14/2025 | Buy Now | 7.02% | Barclays | $31 → $32 | Maintains | Underweight | Get Alert |
| 03/14/2025 | Buy Now | -6.35% | Morgan Stanley | $26 → $28 | Maintains | Equal-Weight | Get Alert |
| 02/25/2025 | Buy Now | 0.33% | Goldman Sachs | $27 → $30 | Maintains | Sell | Get Alert |
| 02/12/2025 | Buy Now | 47.16% | Compass Point | $40 → $44 | Maintains | Neutral | Get Alert |
| 01/17/2025 | Buy Now | 23.75% | Truist Securities | $40 → $37 | Maintains | Hold | Get Alert |
| 01/07/2025 | Buy Now | 60.54% | Mizuho | $38 → $48 | Upgrade | Neutral → Outperform | Get Alert |
| 12/04/2024 | Buy Now | 33.78% | Truist Securities | $31 → $40 | Maintains | Hold | Get Alert |
| 11/06/2024 | Buy Now | 33.78% | Compass Point | $32 → $40 | Maintains | Neutral | Get Alert |
| 11/06/2024 | Buy Now | 50.5% | Evercore ISI Group | $40 → $45 | Maintains | Outperform | Get Alert |
| 10/28/2024 | Buy Now | 27.09% | Mizuho | $26 → $38 | Maintains | Neutral | Get Alert |
| 10/28/2024 | Buy Now | 13.71% | Barclays | $27 → $34 | Maintains | Underweight | Get Alert |
| 10/25/2024 | Buy Now | 27.09% | Scotiabank | $33 → $38 | Maintains | Sector Perform | Get Alert |
| 10/23/2024 | Buy Now | 47.16% | Piper Sandler | $30 → $44 | Maintains | Neutral | Get Alert |
| 09/12/2024 | Buy Now | -20.57% | Goldman Sachs | $21.5 → $23.75 | Maintains | Sell | Get Alert |
| 09/04/2024 | Buy Now | 10.37% | Scotiabank | $23 → $33 | Maintains | Sector Perform | Get Alert |
| 08/28/2024 | Buy Now | 30.43% | Evercore ISI Group | $38 → $39 | Maintains | Outperform | Get Alert |
| 08/27/2024 | Buy Now | 3.68% | Truist Securities | $26 → $31 | Maintains | Hold | Get Alert |
| 08/27/2024 | Buy Now | -28.09% | Goldman Sachs | $19 → $21.5 | Maintains | Sell | Get Alert |
| 08/22/2024 | Buy Now | 17.06% | B of A Securities | $26 → $35 | Maintains | Neutral | Get Alert |
| 08/20/2024 | Buy Now | 27.09% | Evercore ISI Group | $32 → $38 | Upgrade | Underperform → Outperform | Get Alert |
| 08/16/2024 | Buy Now | 7.02% | Evercore ISI Group | $31 → $32 | Maintains | Underperform | Get Alert |
| 08/14/2024 | Buy Now | -9.7% | Barclays | $21 → $27 | Maintains | Underweight | Get Alert |
| 08/08/2024 | Buy Now | 0.33% | Piper Sandler | $22 → $30 | Upgrade | Underweight → Neutral | Get Alert |
| 08/08/2024 | Buy Now | 33.78% | BMO Capital | $29 → $40 | Upgrade | Market Perform → Outperform | Get Alert |
| 08/07/2024 | Buy Now | 3.68% | Evercore ISI Group | $24 → $31 | Maintains | Underperform | Get Alert |
| 08/07/2024 | Buy Now | 7.02% | Compass Point | $27 → $32 | Maintains | Neutral | Get Alert |
| 06/12/2024 | Buy Now | -3.01% | BMO Capital | $31 → $29 | Maintains | Market Perform | Get Alert |
| 05/24/2024 | Buy Now | -29.77% | Barclays | $22 → $21 | Maintains | Underweight | Get Alert |
| 05/16/2024 | Buy Now | -23.08% | Scotiabank | $24 → $23 | Maintains | Sector Perform | Get Alert |
| 05/13/2024 | Buy Now | -26.42% | Piper Sandler | $25 → $22 | Maintains | Underweight | Get Alert |
| 05/08/2024 | Buy Now | -9.7% | Compass Point | $28 → $27 | Maintains | Neutral | Get Alert |
| 03/28/2024 | Buy Now | -13.04% | Morgan Stanley | $24 → $26 | Upgrade | Underweight → Equal-Weight | Get Alert |
| 03/08/2024 | Buy Now | -13.04% | Truist Securities | $30 → $26 | Maintains | Hold | Get Alert |
| 02/22/2024 | Buy Now | -29.77% | Goldman Sachs | $24 → $21 | Maintains | Sell | Get Alert |
| 02/15/2024 | Buy Now | -13.04% | Evercore ISI Group | $28 → $26 | Maintains | Underperform | Get Alert |
| 12/20/2023 | Buy Now | -16.39% | Piper Sandler | $16 → $25 | Maintains | Underweight | Get Alert |
| 12/20/2023 | Buy Now | 0.33% | Truist Securities | $27 → $30 | Maintains | Hold | Get Alert |
| 12/15/2023 | Buy Now | 3.68% | BMO Capital | → $31 | Upgrade | Underperform → Market Perform | Get Alert |
| 12/11/2023 | Buy Now | -6.35% | Evercore ISI Group | $23 → $28 | Downgrade | In-Line → Underperform | Get Alert |
| 11/28/2023 | Buy Now | -39.8% | Citigroup | $12 → $18 | Maintains | Sell | Get Alert |
| 11/07/2023 | Buy Now | -33.11% | Goldman Sachs | $18 → $20 | Maintains | Sell | Get Alert |
| 11/01/2023 | Buy Now | -46.49% | Piper Sandler | $17 → $16 | Maintains | Underweight | Get Alert |
| 10/12/2023 | Buy Now | -39.8% | Goldman Sachs | $16 → $18 | Maintains | Sell | Get Alert |
| 09/26/2023 | Buy Now | -16.39% | Compass Point | → $25 | Initiates | → Neutral | Get Alert |
| 09/15/2023 | Buy Now | -9.7% | Truist Securities | $22 → $27 | Downgrade | Buy → Hold | Get Alert |
| 08/17/2023 | Buy Now | -16.39% | Evercore ISI Group | $21 → $25 | Maintains | In-Line | Get Alert |
| 08/08/2023 | Buy Now | -19.73% | B of A Securities | $18 → $24 | Maintains | Neutral | Get Alert |
| 05/30/2023 | Buy Now | -59.87% | Morgan Stanley | $13 → $12 | Maintains | Underweight | Get Alert |
| 05/15/2023 | Buy Now | -49.83% | B of A Securities | $18 → $15 | Maintains | Neutral | Get Alert |
| 05/03/2023 | Buy Now | -66.56% | Piper Sandler | $11 → $10 | Maintains | Underweight | Get Alert |