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Last update: Aug 26, 2026, 5:08 PM ET
Vornado Realty Trust
$38.95 2.48% today
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Why Vornado Realty Trust (VNO) stock moved

Updated Aug 27, 2026

Vornado Realty Trust (VNO) shares fell 2.5% to $38.95 as of August 27, 2026, a modest decline from the prior close of $39.94. BestStocks flagged the session as a major change for VNO. The move is tied to price move down. Below, we break down what changed for VNO, why it matters for investors, how the stock reacted, and the catalysts on the calendar.

What happened

VNO fell 2.5% to $38.95

Vornado Realty Trust (VNO) moved -2.55% from $39.97 to $38.95 on 2026-08-26. We checked news, earnings announcements, analyst updates, SEC filings, and corporate actions — no company-specific catalyst was found. Volume remained near its 5-day average, suggesting the move lacked unusual trading intensity. Monitor VNO's Q3 earnings report on 2026-11-02 for results relative to the $0.02 consensus estimate.

This summary describes the catalyst and move as first detected on Aug 26, 2026, 5:08 PM EDT; the stock has continued trading since, so the current price and percentage move (shown above) may be larger or smaller than the figures here.
Material / EarningsLow confidence
Rel. volume
0.6×
Below Avg
Vs peers
No comparable peers
Market cap
$7.3B
New York Stock Exchange
Analyst target
$38
-1.9% vs price
Price chart
Jul 27 – Aug 26
EEEVVFEE$38$39$41Jul 27Aug 4Aug 11Aug 19Aug 26
E earnings
F filing
A analyst
V/N other
click a marker to highlight
Change events — click to jump to details

What it means for Vornado Realty Trust investors

For Vornado Realty Trust investors, the recent signals add up to a bearish shift. On the constructive side: Vornado Realty Trust (VNO) moved +2.58% from $39.88 to $40.91 on 2026-08-04; Vornado Realty Trust (VNO) moved +2.28% from $39.85 to $40.76 on 2026-07-16, reaching a new 30-day high. Weighing against that: Material negative event; Negative session, down 2.5%. Wall Street's consensus price target sits at $38.22, implying -1.9% downside from $38.95. Over the past 90 days analysts logged 0 upgrades and 1 downgrade. BestStocks rates the overall signal quality low (42/100). With earnings roughly 67 days out, the next report is the most likely near-term test of the move.

VNO price reaction

VNO last traded at $38.95, down $0.99 (-2.48%) from the previous close of $39.94. The session traded on 0.6× average volume (below avg), so participation was unremarkable. Over the past month the stock has ranged between $37.75 and $40.91, and it currently sits about 38% of the way up that band.

Bullish and bearish analyst opinions on Vornado Realty Trust (VNO)

The consensus analyst price target on Vornado Realty Trust (VNO) is $38.22, 1.9% below the recent $38.95. Over the past 90 days analysts logged 0 upgrades, 14 maintains, and 1 downgrade. Here is how the bullish and bearish cases on VNO line up.

The bullish case

  • The Street's most bullish target is $44.00 (+13.0%).
  • Vornado Realty Trust (VNO) moved +2.58% from $39.88 to $40.91 on 2026-08-04.
  • VNO moved +0.30% from $40.58 to $40.70 on 2026-07-06.

The bearish case

  • The consensus analyst price target of $38.22 sits 1.9% below the recent $38.95, so the average target sees limited room to run.
  • The most bearish analyst target is $32.00 (-17.8%).
  • 1 analyst downgrade in the past 90 days, most recently Morgan Stanley to Underweight (2026-07-22).
  • Material negative event.
  • Negative session, down 2.5%.
Bull vs bear balanceBearish Shift
BearishNeutralBullish

Weighing both sides, BestStocks' composite read of recent signals is bearish, as the bull-versus-bear meter above shows. This is an educational summary of the bull and bear case, not investment advice.

Analyst price targets and ratings are FMP consensus figures as of Aug 26, 2026; other aggregators may differ. High and low targets show the range of estimates, not forecasts.

Analyst expectations
Consensus target: $38-1.9%
= 14 maintains1 downgrades
Citigroup maintained Neutral · 2026-08-10
SEC filings watch
8-K2026-08-03
Material event — review for impact
high
10-Q2026-08-03
Quarterly financial results
medium
8-K2026-05-22
Material event — review for impact
high
10-Q2026-05-04
Quarterly financial results
medium
Peer context
VNO-2.5%

Previous notable changes for VNO

Material / Earnings2026-08-24+2.6%
Vornado Realty Trust (VNO) moved +2.51% from $37.92 to $38.87 on 2026-08-24. We checked news, earnings announcements, analyst updates, SEC filings, and corporate actions — no company-specific catalyst was found.
Material / Earnings2026-08-18-0.4%
Vornado Realty Trust (VNO) moved -0.34% from $37.88 to $37.75 on 2026-08-18, reaching a new 30-day low. We checked news, earnings announcements, analyst updates, SEC filings, and corporate actions — no company-specific catalyst was found. Volume remained near its 5-day average.
Material / Earnings2026-08-17-2.8%
Vornado Realty Trust (VNO) moved -1.28% from $38.39 to $37.90 on 2026-08-17. We checked news, earnings announcements, analyst updates, SEC filings, and corporate actions — no company-specific catalyst was found. The decline coincided with VNO reaching a new 30-day low, though volume remained near its 5-day average.
Risk2026-08-05-2.4%
Vornado Realty Trust (VNO) moved -2.68% from $41.01 to $39.91 on 2026-08-05. We checked news, earnings, analyst updates, SEC filings, and corporate actions — no company-specific catalyst was found. Volume was near its 5-day average, suggesting the move occurred on typical trading activity.
Upcoming catalysts & outlook
Next earnings
2026-11-02 (est.)
in 67 days
Thesis shift
Bearish Shift
bearish signal
Risk level
High
from change events

Frequently asked questions about VNO

Why did Vornado Realty Trust (VNO) stock move?

VNO fell 2.5% to $38.95. No single company-specific catalyst was confirmed during the move window, and it looks technical.

How much did VNO stock fall?

VNO lost 2.48% ($0.99) versus the prior close of $39.94, last trading at $38.95 on 0.6× average volume.

When is Vornado Realty Trust's next earnings date?

VNO's next earnings report is estimated for 2026-11-02 — about 67 days away.

What is the analyst price target for VNO?

The consensus analyst price target for VNO is $38.22, about 1.9% below the current $38.95. Over the past 90 days, analysts recorded 0 upgrades, 14 maintains, and 1 downgrade.

How BestStocks tracks VNO

This page is generated automatically by BestStocks' change-detection system after price move down was detected and verified against independent data sources. It draws on 18 tracked change events for VNO, cross-checked against the data sources listed below. Price, volume, and market-capitalization figures are the live intraday quote as of August 27, 2026 and refresh as new information is detected; for companies with multiple share classes, market-cap figures can differ by data source. Analyst price targets and ratings are FMP consensus. This is an educational summary of what changed and why — not personalized investment advice.

Data sources
FMP real-time & historical price dataFMP earnings & estimatesSEC EDGAR filingsAnalyst ratings & price targets (FMP)Earnings calendar (FMP)
Educational research tool — not personalized investment advice. Data may be delayed.