Healthpeak Properties has exceeded its analyst consensus target, leaving no positive asymmetry at current levels; while the portfolio demonstrates strong cash conversion and a high financial health score, heavy geographic concentration in San Francisco laboratory space and a dividend whose safety is in question make this a name to reduce rather than add.
Thesis pillars
- Sf Lab Portfolio Concentration↑Improving
- Price Above Analyst Target↓Deteriorating
- Dividend Safety Concern↑Improving
- +1 more pillar — see the Why tab for full reasoning
Pillars as of Jul 3, 2026, based on the 10-K filed Feb 3, 2026· older than 90 days
Healthpeak Properties, Inc. (DOC) Stock Analysis
Breakout setup
Real Estate · REIT - Healthcare Facilities
Sell if holding. Analyst target reached at $20.17 — A.R:R is negative (-0.0) — price has exceeded the analyst target. Reward from here is too thin for a buy — the engine flags exit. Additional concerns: Concentration risk — Geographic: San Francisco lab portfolio (59.0%).
Healthpeak Properties is a healthcare REIT owning 689 properties across outpatient medical (507 buildings), lab (145 buildings), and senior housing (34 communities) segments in the U.S. Revenue comes from leases to healthcare providers, biotech tenants, and RIDEA-structured... Read more
Sell if holding. Analyst target reached at $20.17 — A.R:R is negative (-0.0) — price has exceeded the analyst target. Reward from here is too thin for a buy — the engine flags exit. Additional concerns: Concentration risk — Geographic: San Francisco lab portfolio (59.0%). Chart setup: Golden cross, above all MAs, RSI 64, MACD bullish. Score 5.4/10, high confidence.
Passes 6/7 gates (positive momentum, clean insider activity, no SEC red flags, earnings proximity 88d clear, semi cycle peak clear, materials cycle peak clear). Fails on favorable risk/reward ratio. Suitability: moderate.
Recent developments
updated Oct 29, 2026Recent Developments — Healthpeak Properties, Inc.
Latest news
- NEWS Healthpeak Properties Inc. stock outperforms competitors on strong trading day - MarketWatch — MarketWatch Oct 29, 2026 positive
- NEWS Healthpeak Properties Inc. stock underperforms Wednesday when compared to competitors - MarketWatch — MarketWatch Oct 28, 2026 negative
- NEWS Is Healthpeak Properties (DOC) Trading At A Discount To Cash Flow? - Simply Wall St — Simply Wall St Oct 28, 2026 positive
- NEWS Is Healthpeak Properties (DOC) Trading At A Discount To Cash Flow? - Simply Wall Street — Simply Wall Street Oct 28, 2026 neutral
- NEWS DOC Q2 FFO Beat Estimates on Leasing & Senior Housing Gains - TradingView — TradingView Aug 5, 2026 positive
Latest item Oct 29, 2026 · Generated 2026-11-05T11:54:11Z.
Upcoming dated catalysts
Thesis
Key Metrics
Quality Signals
Options Flow
Concentration Risks(10-K Item 1A)
- LOWTenantHCA Healthcare7.0%10-K Item 1: 'most significant outpatient medical tenant concentration ... HCA Healthcare, Inc. (HCA)| | 15 | %| | 7 | %'
- HIGHGeographicSan Francisco lab portfolio59%10-K Item 1: 'including San Francisco, California (59%), Boston, Massachusetts (22%), and San Diego, California (17%) (based on total square feet)'
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results. How we score · Editorial policy
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Rating Breakdown
1 floor-breaker
Technicals below the gate floor. Component breakdown shows what dragged the score down.static
Price Targets
Position Sizing
Risk Alerts
Earnings
Verdict History
Frequently Asked Questions
Sell if holding. Analyst target reached at $20.17 — A.R:R is negative (-0.0) — price has exceeded the analyst target. Reward from here is too thin for a buy — the engine flags exit. Additional concerns: Concentration risk — Geographic: San Francisco lab portfolio (59.0%). Chart setup: Golden cross, above all MAs, RSI 64, MACD bullish. Prior stop was $19.11. Score 5.4/10, high confidence.
Analyst target $20.16 reached (−0.1% from $20.17); no take-profit level is published. Prior stop was $19.11. Stop-loss: $19.11.
Concentration risk — Geographic: San Francisco lab portfolio (59.0%); Analyst target reached - limited upside remaining; V7 low-quality RISK_OFF penalty: -0.5 (Q=4.8).
Healthpeak Properties, Inc. trades at a P/E of 37.4 (forward 144.1). TrendMatrix value score: 4.2/10. Verdict: Sell.
26 analysts rate DOC, with a consensus score of 3.5/5. 19 analysts publish price targets averaging $22.
What does Healthpeak Properties, Inc. do?Healthpeak Properties is a healthcare REIT owning 689 properties across outpatient medical (507 buildings), lab (145...
Healthpeak Properties is a healthcare REIT owning 689 properties across outpatient medical (507 buildings), lab (145 buildings), and senior housing (34 communities) segments in the U.S. Revenue comes from leases to healthcare providers, biotech tenants, and RIDEA-structured senior housing operators; 2025 Adjusted NOI: outpatient medical $796M, lab $567M, senior housing $177M.