Elme Communities has a consensus price target of $15.33 based on the ratings of 7 analysts. The high is $19 issued by Wells Fargo on February 20, 2025. The low is $2 issued by Truist Securities on September 11, 2025. The 3 most-recent analyst ratings were released by JP Morgan, Truist Securities, and Wells Fargo on October 21, 2025, September 11, 2025, and August 5, 2025, respectively. With an average price target of $12.67 between JP Morgan, Truist Securities, and Wells Fargo, there's an implied 506.06% upside for Elme Communities from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Elme (NYSE:ELME) was reported by JP Morgan on October 21, 2025. The analyst firm set a price target for $18.00 expecting ELME to rise to within 12 months (a possible 761.24% upside). 3 analyst firms have reported ratings in the last year.
The latest analyst rating for Elme (NYSE:ELME) was provided by JP Morgan, and Elme maintained their neutral rating.
The last upgrade for Elme Communities happened on December 18, 2023 when JP Morgan raised their price target to $18. JP Morgan previously had a neutral for Elme Communities.
The last downgrade for Elme Communities happened on September 11, 2025 when Truist Securities changed their price target from $18 to $2 for Elme Communities.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Elme, 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 Elme was filed on October 21, 2025 so you should expect the next rating to be made available sometime around October 21, 2026.
While ratings are subjective and will change, the latest Elme (ELME) rating was a maintained with a price target of $19.00 to $18.00. The current price Elme (ELME) is trading at is $2.09, which is out of the analyst’s predicted range.