WELL Earnings Predictions — 2026-07-27

Ticker Report or Guide KPI Prediction Answer Confidence
WELL Report Normalized FFO / share (Q2'26) BEAT pred ~$1.57 vs. cons $1.55 HIGH
WELL Report SHOP same-store NOI growth (Q2'26 YoY) BEAT pred ~21% vs. cons ~19% MEDIUM
WELL Report Total portfolio same-store NOI growth (Q2'26 YoY) BEAT pred ~15.5% vs. cons ~14% MEDIUM
WELL Guide FY2026 Normalized FFO/share guide (midpoint) BETTER guide ~$6.36 midpoint vs. cons $6.32 (FY2026) MEDIUM
WELL Guide FY2026 SHOP SSNOI growth guide BETTER guide ~18%-22% (mid ~20%) vs. cons/prior ~19% (FY2026) MEDIUM
WELL Guide FY2026 total SSNOI growth guide BETTER guide ~14.5% vs. prior ~13.75% (FY2026) LOW
WELL Return Day-1 residual (stock − beta × S&P 500) -2.5% MEDIUM
WELL Return 5-day cumulative residual -4.0% (FADE) Stock is up ~19% in the month and ~35% YTD into the print, trading above the ~$237 avg target — priced for perfection. A likely beat-and-modest-raise clears the number but not the elevated bar, so a 'great-quarter-but-priced-in / sell-the-news' reaction is probable. Out-period math caps upside: $11B+ of 2025-26 dispositions are near-term dilutive, so even after the beat the implied H2 run-rate/raise (~$6.36 vs Street $6.32) is smaller than the headline beat suggests, limiting positive FFO revisions and letting profit-taking extend over the week. LOW