Analysts Forecast 19.45% Upside on VICI Properties Ahead of $1.01B Q4 Revenue

VICIVICI

VICI Properties garners a 19.45% average upside in analysts’ 12-month price targets, with 76% of 25 analysts rating the REIT a Buy as it prepares to report fiscal Q4 2025 results on February 25. Recent downgrades cite overhang from a regional master lease covering 25% of NOI.

1. Analysts’ Price Targets and Ratings

Analysts project an average 12-month price target implying 19.45% upside, with 76% of 25 analysts maintaining Buy ratings on VICI Properties.

2. Downgrades and Lease Concerns

Two brokerages recently trimmed price targets—one cut from $36 to $30 and another from $35 to $33—citing growth uncertainties and overhang from a regional master lease that accounts for roughly 25% of net operating income.

3. Q4 2025 Earnings Outlook

Wall Street consensus forecasts $1.01 billion in Q4 2025 revenue and GAAP EPS of $0.69, with results due February 25 as VICI prepares to report full-year performance.

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