Simon Property (SPG) Gets a Buy from Goldman Sachs

In a report released yesterday, Caitlin Burrows from Goldman Sachs maintained a Buy rating on Simon Property, with a price target of $229.00. The company’s shares closed yesterday at $200.42.

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According to TipRanks, Burrows is an analyst with an average return of -1.2% and a 52.97% success rate. Burrows covers the Real Estate sector, focusing on stocks such as Lineage, Inc., Macerich, and VICI Properties.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Simon Property with a $213.14 average price target, which is a 6.35% upside from current levels. In a report released on May 15, Argus Research also reiterated a Buy rating on the stock with a $210.00 price target.

Based on Simon Property’s latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of $1.76 billion and a net profit of $480.4 million. In comparison, last year the company earned a revenue of $1.47 billion and had a net profit of $414.53 million

Based on the recent corporate insider activity of 71 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of SPG in relation to earlier this year. Most recently, in February 2026, John Rulli, the CAO of SPG sold 10,000.00 shares for a total of $2,008,800.00.