Americold Realty Trust Inc (COLD)

NYSEReal EstateReit - IndustrialSnapshot 2026-11-04

$15.19+4.33%

Close 2026-11-04 · 1-day change

Investment OutlookAs of Nov 4, 2026

What could strengthen or challenge Americold Realty Trust Inc’s outlook?

The long-term thesis, the evidence coming in, and the environment around it. Thesis dated Jul 8, 2026.

Higher potential upsideImproving expectations

Next-FY EPS estimate change · 30 days

-26.4% · beyond scale

+10% or more+5%0%−5%−10% or less

0.10 → 0.07 EPS · FY ending Dec 31, 2027 · 4 analysts

Higher risk of downsideWeakening expectations

One observable signal. This measures changing earnings expectations, not the probability of a gain or loss.

How this is measured

Change in the same fiscal period’s mean EPS estimate from Oct 5, 2026 to Nov 4, 2026: (new ÷ prior − 1). Contributor count changed from 4 to 4; this is not the number of analysts revising. The ±10% axis is a display range.

Price, analyst earnings & P/E reference

The EPS and P/E reference is not available for COLD yet.

Measure / period	Management expectations	Analyst expectations

Management figures unavailable.

Current consensus figures unavailable.

What the Thesis Depends On

Three published thesis conditions, with dated milestones shown separately.

Key Factor	Why It Matters	Current Status	Break Condition	Latest Evidence
Maintain capital expenditure between $60M and $70M in 2026	A primary condition in Americold Realty Trust Inc's published investment case. The stated target is $60M-$70M.	Intact	capital expenditure exceeds $70M in FY26	Capital expenditures: $140.437M FY2026-Q2; GAAP. Published target: $60M-$70M. Annual target cannot be compared with a quarterly or TTM observation. Aug 6, 2026140,437,000 USD · source valueLast status assessment Nov 4, 2026Compare required operating outcomes Compare scope, accounting basis and period before treating this evidence as progress against an annual requirement.
Progress on strategic partnerships expansion	A supporting condition in Americold Realty Trust Inc's published investment case. The stated target is progress score >= 50%.	Intact	progress score falls below 50% over next year	Direct metric needs a verified mapping The published measure or accounting basis is not supported by an exact source binding. Date unavailableLast status assessment Nov 4, 2026Compare required operating outcomes Compare scope, accounting basis and period before treating this evidence as progress against an annual requirement.
Warehouse segment revenue growth to $2.23B in 2026	A primary condition in Americold Realty Trust Inc's published investment case. The stated target is ~$2.23B.	Intact	revenue falls below $2.2B in FY26	Warehouse Segment unavailable in the latest segment data Last available Warehouse Segment revenue: $581.17M in FY2023-Q2. Latest source period is FY2026-Q2; a broader segment cannot substitute for this measure. Aug 3, 2023Last status assessment Nov 4, 2026Compare required operating outcomes Compare scope, accounting basis and period before treating this evidence as progress against an annual requirement.

Stored thesis · Jul 8, 2026. Latest Evidence uses source-matched measurements where available, alongside the last thesis-monitor assessment. Source periods and assessment dates are shown separately. A new measurement does not automatically change the published status or verify an older target.

Incoming Evidence

Compare these dated observations with the operating requirements above

Expectations trend

Same fiscal period

FY2027 · fiscal year ending 2027-12-31 · fmp

FY2027 EPS$0.07

$0.03 → $0.07 · observed estimates

FY2027 revenue$2.55B

$2.52B → $2.55B · observed estimates

Exact estimates & source dates

One fiscal period and provider throughout. At least five contributors are required for each plotted metric; missing coverage stays a gap. Axes show the observed range. Counts measure coverage, not revisions.

FY2027 estimate observations · fmp
Snapshot	EPS	Revenue	EPS / revenue analysts
2026-07-24	$0.03	$2,523,899,520	2 / 8
2026-07-25	$0.03	$2,523,899,520	2 / 8
2026-07-26	$0.03	$2,523,899,520	2 / 8
2026-07-27	$0.03	$2,523,899,520	2 / 8
2026-07-28	$0.03	$2,523,899,520	2 / 8
2026-07-29	$0.19	$2,519,134,316	3 / 6
2026-07-30	$0.03	$2,523,899,520	2 / 8
2026-07-31	$0.19	$2,519,134,316	3 / 6
2026-08-01	$0.19	$2,519,134,316	3 / 6
2026-08-02	$0.03	$2,523,899,520	2 / 8
2026-08-03	$0.03	$2,523,899,520	2 / 8
2026-08-04	$0.19	$2,519,134,316	3 / 6
2026-08-05	$0.19	$2,519,134,316	3 / 6
2026-08-06	$0.19	$2,519,134,316	3 / 6
2026-08-07	$0.19	$2,519,125,633	3 / 6
2026-08-08	$0.03	$2,505,676,770	2 / 8
2026-08-09	$0.03	$2,505,676,770	2 / 8
2026-08-10	$0.19	$2,519,125,633	3 / 6
2026-08-11	$0.03	$2,505,676,770	2 / 8
2026-08-12	$0.19	$2,519,125,633	3 / 6
2026-08-13	$0.19	$2,519,125,633	3 / 6
2026-08-14	$0.19	$2,519,125,633	3 / 6
2026-08-15	$0.19	$2,519,125,633	3 / 6
2026-08-16	$0.19	$2,519,125,633	3 / 6
2026-08-17	$0.19	$2,519,125,633	3 / 6
2026-08-18	$0.19	$2,519,125,633	3 / 6
2026-08-19	$0.19	$2,519,125,633	3 / 6
2026-08-20	$0.10	$2,518,026,633	4 / 6
2026-08-21	$0.10	$2,518,026,633	4 / 6
2026-08-22	$0.10	$2,518,026,633	4 / 6
2026-08-23	$0.10	$2,518,026,633	4 / 6
2026-08-24	$0.10	$2,518,026,633	4 / 6
2026-08-25	$0.10	$2,518,026,633	4 / 6
2026-08-26	$0.10	$2,518,026,633	4 / 6
2026-08-27	$0.10	$2,518,026,633	4 / 6
2026-08-28	$0.10	$2,518,026,633	4 / 6
2026-08-29	$0.10	$2,525,458,658	4 / 6
2026-08-30	$0.10	$2,525,458,658	4 / 6
2026-08-31	$0.10	$2,525,458,658	4 / 5
2026-09-01	$0.10	$2,525,458,658	4 / 5
2026-09-02	$0.10	$2,525,458,658	4 / 5
2026-09-03	$0.10	$2,528,713,658	4 / 5
2026-09-04	$0.10	$2,528,713,659	4 / 5
2026-09-05	$0.10	$2,528,713,659	4 / 5
2026-09-06	$0.10	$2,528,713,659	4 / 5
2026-09-07	$0.10	$2,528,713,659	4 / 5
2026-09-08	$0.10	$2,528,713,659	4 / 5
2026-09-09	$0.10	$2,528,713,659	4 / 5
2026-09-10	$0.10	$2,528,713,659	4 / 5
2026-09-11	$0.10	$2,528,713,659	4 / 5
2026-09-12	$0.12	$2,540,588,659	3 / 5
2026-09-13	$0.12	$2,540,588,659	4 / 5
2026-09-14	$0.12	$2,540,588,659	4 / 5
2026-09-15	$0.12	$2,540,588,659	4 / 5
2026-09-16	$0.12	$2,540,588,659	4 / 5
2026-09-17	$0.12	$2,540,588,659	4 / 5
2026-09-18	$0.12	$2,540,588,659	4 / 5
2026-09-19	$0.12	$2,541,269,133	4 / 5
2026-09-20	$0.12	$2,541,269,133	4 / 5
2026-09-21	$0.12	$2,541,269,133	4 / 5
2026-09-22	$0.12	$2,541,269,133	4 / 5
2026-09-23	$0.12	$2,541,269,133	4 / 5
2026-09-24	$0.10	$2,544,607,581	4 / 5
2026-09-25	$0.10	$2,544,575,535	4 / 5
2026-09-26	$0.10	$2,544,575,535	4 / 5
2026-09-27	$0.10	$2,544,575,535	4 / 5
2026-09-28	$0.10	$2,544,575,535	4 / 5
2026-09-29	$0.10	$2,544,575,535	4 / 5
2026-09-30	$0.10	$2,544,575,535	4 / 5
2026-10-01	$0.10	$2,544,575,535	4 / 5
2026-10-02	$0.10	$2,544,575,535	4 / 6
2026-10-03	$0.10	$2,544,575,535	4 / 6
2026-10-04	$0.10	$2,544,575,535	4 / 6
2026-10-05	$0.10	$2,544,575,535	4 / 6
2026-10-06	$0.10	$2,544,575,535	4 / 6
2026-10-07	$0.11	$2,538,516,093	4 / 6
2026-10-08	$0.11	$2,538,516,093	4 / 6
2026-10-09	$0.11	$2,538,516,093	4 / 6
2026-10-10	$0.11	$2,538,516,093	4 / 6
2026-10-11	$0.11	$2,538,516,093	4 / 6
2026-10-12	$0.11	$2,538,516,093	4 / 6
2026-10-13	$0.11	$2,538,516,093	4 / 6
2026-10-14	$0.11	$2,538,516,093	4 / 6
2026-10-15	$0.11	$2,547,766,093	4 / 6
2026-10-16	$0.11	$2,547,766,093	4 / 6
2026-10-17	$0.11	$2,547,766,093	4 / 6
2026-10-18	$0.11	$2,547,766,093	4 / 6
2026-10-19	$0.11	$2,547,766,093	4 / 6
2026-10-20	$0.07	$2,547,766,093	4 / 6
2026-10-21	$0.07	$2,547,766,093	4 / 6
2026-10-22	$0.07	$2,547,766,093	4 / 6
2026-10-23	$0.07	$2,547,766,093	4 / 6
2026-10-24	$0.07	$2,547,766,093	4 / 6
2026-10-25	$0.07	$2,547,766,093	4 / 6
2026-10-26	$0.07	$2,547,766,093	4 / 6
2026-10-27	$0.07	$2,547,766,093	4 / 6
2026-10-28	$0.07	$2,547,766,093	3 / 5
2026-10-29	$0.07	$2,547,766,093	3 / 5
2026-10-30	$0.07	$2,547,777,393	4 / 6
2026-10-31	$0.07	$2,547,777,393	4 / 6
2026-11-01	$0.07	$2,547,777,393	4 / 6
2026-11-02	$0.07	$2,547,777,393	4 / 6
2026-11-03	$0.07	$2,547,777,393	4 / 6
2026-11-04	$0.07	$2,547,777,393	4 / 6

Revenue and EPS estimates track expectations. They are not delivered results or like-for-like proof of a required annual path.

Compare required revenue and earnings

Analyst view

Monthly observations

Buy / Strong BuyHoldSell / Strong Sell

Exact monthly counts

Monthly rating snapshots · fmp. Missing snapshots are not zero.
Date	Buy*	Hold	Sell*
2026-06-01	6	9	3
2026-07-01	6	8	3
2026-08-01	6	9	3
2026-09-01	6	10	2
2026-10-01	7	10	1
2026-11-01	7	9	1

*Buy includes Strong Buy; Sell includes Strong Sell. Monthly counts describe the analyst mix, not the firms behind each recent action.

Latest: 7 Buy / Strong Buy · 9 Hold · 1 Sell / Strong Sell

0 upgrades0 downgrades2 maintains

Recent actions · Oct 6–Nov 4 · 2 recorded

Price-target changes

30 days

Individual price-target observations are unavailable.

0 raises · 0 cuts · 0 unchanged · 0 without a comparable prior

How this is measured

Oct 6, 2026–Nov 4, 2026. Each firm's latest positive target is paired only with its immediately prior positive target from the same provider, at most 180 days earlier. Unmatched observations have one dot; conflicting observations are not compared.

Outlook in Brief

The evidence, the remaining questions, and what comes next

What's improving

No recovery evidence is reported in the available driver assessments.

Still unresolved / key risks

Maintain capital expenditure between $60M and $70M in 2026Capital expenditures: $140.437M
Progress on strategic partnerships expansionDirect metric needs a verified mapping
Warehouse segment revenue growth to $2.23B in 2026Warehouse Segment unavailable in the latest segment data

Next proof point

Nov 5, 2026

Look for updated results and guidance against the published targets, plus direct evidence for unresolved drivers.

Review earnings

Bottom line

3 of 3 published conditions remain under pressure or need verification. The next results need to address those conditions.

The dated weekly assessment and its assumptions are available in Read detailed Outlook.

Historical risk context

Observed price history; separate from operating scenarios

Price sensitivity

1.4%Typical daily move · historical

Downside history

-21.2%Maximum drawdown · trailing year

Read detailed Outlook Company context, assumptions & risks

Americold Realty Trust Inc outlook in detail

The weekly editorial context below is a separate assessment from the dated monitor evidence above. Recovery observations do not automatically change the published thesis. Unverified outside influences are hypotheses, not measured driver evidence.

Updated Oct 31, 2026

What kind of bet this is

This is a real estate business with a recovery-and-execution thesis, rather than a proven steady compounder. The multi-year view is still intact but under watch: debt reduction and growth priorities are progressing, while recent performance remains weak.

What's priced into Americold Realty Trust Inc

The valuation is tagged as stretched and sits at a premium to peers, though the valuation measure has recently fallen. The expectations gap is modest, but confidence in the valuation model is low, so the market’s assumptions are not clear-cut.

What the fundamentals likely do

Near term, results may remain uneven: COLD has missed across recent quarters and has had erratic earnings surprises, despite a recent earnings beat and raised guidance. Over the multi-year view, debt repayment and interest savings support the balance sheet, while new customer wins and portfolio changes could aid execution; growth details remain limited.

What Americold Realty Trust Inc hinges on

A key swing factor is whether management sustains recently raised guidance, since reversing it would damage credibility. Fed rate cuts could support the sector, while weakness among major real estate peers could remove that support. Continued debt reduction and progress in organic growth also matter.