BNP Paribas Exane Forecasts Strong Price Appreciation for NNN REIT (NYSE:NNN) Stock

Posted by Donald Scott on Feb 12th, 2026

NNN REIT (NYSE:NNN – Get Free Report) had its price target increased by analysts at BNP Paribas Exane from $43.00 to $44.00 in a research report issued on Thursday,Benzinga reports. The firm presently has an “underperform” rating on the real estate investment trust’s stock. BNP Paribas Exane’s target price would indicate a potential upside of 2.03% from the company’s current price.

Other analysts have also recently issued research reports about the stock. Evercore lowered their price objective on shares of NNN REIT from $44.00 to $43.00 and set an “in-line” rating on the stock in a research report on Monday, December 15th. UBS Group reduced their target price on NNN REIT from $44.00 to $43.00 and set a “neutral” rating on the stock in a research note on Thursday, January 8th. Deutsche Bank Aktiengesellschaft raised NNN REIT from a “hold” rating to a “buy” rating and set a $47.00 price target for the company in a research note on Tuesday, January 20th. Weiss Ratings reiterated a “hold (c)” rating on shares of NNN REIT in a research report on Thursday, January 22nd. Finally, B. Riley Financial reissued a “neutral” rating and set a $43.00 price objective (down from $44.00) on shares of NNN REIT in a report on Friday, November 14th. One investment analyst has rated the stock with a Buy rating, five have assigned a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Reduce” and a consensus target price of $44.44.

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NNN REIT Stock Performance

Shares of NNN opened at $43.13 on Thursday. NNN REIT has a 12-month low of $35.80 and a 12-month high of $44.23. The company has a current ratio of 2.44, a quick ratio of 2.44 and a debt-to-equity ratio of 1.10. The company has a market cap of $8.19 billion, a PE ratio of 20.73, a price-to-earnings-growth ratio of 3.08 and a beta of 0.86. The stock has a 50-day moving average price of $41.02 and a 200-day moving average price of $41.55.

NNN REIT (NYSE:NNN – Get Free Report) last posted its quarterly earnings data on Wednesday, February 11th. The real estate investment trust reported $0.51 earnings per share for the quarter, missing the consensus estimate of $0.86 by ($0.35). NNN REIT had a return on equity of 8.95% and a net margin of 43.22%.The company had revenue of $238.40 million during the quarter, compared to the consensus estimate of $233.37 million. During the same quarter last year, the company posted $0.82 earnings per share. The firm’s revenue for the quarter was up 9.1% on a year-over-year basis. NNN REIT has set its FY 2026 guidance at 3.470-3.530 EPS. As a group, equities analysts forecast that NNN REIT will post 3.33 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the company. Quent Capital LLC purchased a new position in shares of NNN REIT in the third quarter worth $51,000. Ameriflex Group Inc. increased its position in shares of NNN REIT by 1,266.1% in the third quarter. Ameriflex Group Inc. now owns 2,336 shares of the real estate investment trust’s stock valued at $99,000 after acquiring an additional 2,165 shares during the period. Rothschild Investment LLC raised its stake in shares of NNN REIT by 1,066.9% during the third quarter. Rothschild Investment LLC now owns 4,271 shares of the real estate investment trust’s stock valued at $182,000 after acquiring an additional 3,905 shares during the last quarter. Hanson & Doremus Investment Management purchased a new stake in shares of NNN REIT during the fourth quarter worth about $187,000. Finally, Bayforest Capital Ltd grew its stake in shares of NNN REIT by 705.2% in the third quarter. Bayforest Capital Ltd now owns 4,525 shares of the real estate investment trust’s stock worth $193,000 after purchasing an additional 3,963 shares during the last quarter. Institutional investors own 89.96% of the company’s stock.

More NNN REIT News

Here are the key news stories impacting NNN REIT this week:

Positive Sentiment: Q4 results beat expectations — NNN reported FFO/EPS of $0.87 versus consensus ~$0.86 and revenue of $238.4M (up ~9% YoY), indicating organic growth and margin resilience. NNN REIT, Inc. Announces 2025 Annual Results and Initial 2026 Guidance
Positive Sentiment: Full‑year 2026 EPS guidance was raised/provided at $3.470–$3.530, well above prior Street estimates cited (~$2.60), signaling management expects stronger earnings performance next year. NNN REIT, Inc. Announces 2025 Annual Results and Initial 2026 Guidance
Positive Sentiment: Acquisition activity ramp — NNN disclosed a record ~$900M of acquisitions, showing capital deployment to grow the portfolio and support future AFFO. NNN REIT outlines 2026 AFFO per share growth target of 3.2% as acquisition volume hits record $900M
Neutral Sentiment: Full conference call transcript and slide deck are available for detail on lease expirations, rent bumps, and acquisition underwriting — useful for modeling forward AFFO and payout sustainability. NNN REIT NNN Q4 2025 Earnings Call Transcript
Negative Sentiment: AFFO per share growth target is modest — management outlined a 2026 AFFO per share growth target of ~3.2%, which may disappoint growth‑oriented investors and help explain muted share reaction despite the beats and guidance. NNN REIT outlines 2026 AFFO per share growth target of 3.2% as acquisition volume hits record $900M

NNN REIT Company Profile

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NNN REIT (NYSE: NNN), formally known as National Retail Properties, is a publicly traded real estate investment trust focused on acquiring, owning and managing a diversified portfolio of retail properties across the United States. As a net-lease REIT, the company enters into long-term, triple-net leases with national and regional tenants, shifting most property-related expenses, including maintenance, taxes and insurance, to its lessees. This structure provides NNN REIT with predictable cash flows and a stable income stream rooted in essential retail uses such as convenience stores, dollar stores, drug stores and quick-service restaurants.

Founded in 1984 and headquartered in Orlando, Florida, NNN REIT has steadily grown its footprint through disciplined acquisitions and selective lease underwriting.