Barclays Lowers Kilroy Realty Stock Price Target

Research firm cuts price target for real estate investment trust by $8 per share.

Feb. 26, 2026 at 3:37pm

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Barclays has lowered its price target for Kilroy Realty (NYSE:KRC) stock from $39 to $31, while maintaining an "equal weight" rating on the real estate investment trust's shares. The research firm cited a weaker outlook for the company in its latest report to clients and investors.

Why it matters

Kilroy Realty is a major commercial real estate owner and developer focused on the West Coast market. Barclays' downgrade and lower price target could signal broader concerns about the company's performance and the health of the commercial real estate sector in key urban markets like Los Angeles and San Francisco.

The details

In its research note, Barclays cited a number of factors behind the lower price target, including a weaker outlook for Kilroy Realty's properties and operations. The firm also lowered its earnings estimates for the company.

  • Barclays issued the updated research report and price target on Thursday, February 26, 2026.

The players

Kilroy Realty

A publicly traded real estate investment trust focused on commercial properties in major West Coast markets like Los Angeles, San Diego, and the San Francisco Bay Area.

Barclays

A global financial services firm that provides research coverage and analysis on publicly traded companies.

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What’s next

Investors will be closely watching Kilroy Realty's upcoming earnings report and any further updates from the company and analysts on the outlook for the commercial real estate market.

The takeaway

Barclays' downgrade of Kilroy Realty reflects broader concerns about the health of the commercial real estate sector, particularly in major urban markets that have been impacted by pandemic-related shifts in office and retail demand.