Americold Realty Trust Inc (COLD)

NYSEReal EstateReit - IndustrialSnapshot 2026-10-23

$14.47+1.76%

Close 2026-10-23 · 1-day change

Investment OutlookAs of Oct 24, 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

Comparable estimates unavailable

+10% or more+5%0%−5%−10% or less

A matching fiscal period and sufficient coverage are required.

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

The calculation requires same-period, same-provider snapshots, positive EPS, at least five analysts and a baseline within three days of the requested lookback.

Measure / period	Management expectations	Analyst expectations
Quarter ending 2026-12-30
Revenue	—	619.42M
EPS	—	0.022
Annual ending 2026-12-31
Revenue	—	2.55B
EPS	—	-1.246
Annual ending 2027-12-31
Revenue	—	2.55B
EPS	—	0.07

Management 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. Target period is not explicitly aligned with this observation. Source published Aug 6, 2026140,437,000 USD · source valueSource reportLast status assessment Oct 24, 2026 Measurement source consolidated · GAAP FY2026-Q2 · Period ending Jun 30, 2026 Source: stock_quarterly_financials_fmp. Reference: 2026-Q2. Source status: unverified. Compare 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. Source date unavailableLast status assessment Oct 24, 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. Source published Aug 3, 2023Last status assessment Oct 24, 2026 Measurement source Warehouse Segment · reported segment FY2023-Q2 · Period ending Jun 30, 2023 Source: stock_segment_revenue. Reference: 2023-Q2. Source status: vendor observation. Compare 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: comparable history unavailable.

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	Unavailable	$2,523,899,520	2 / 8
2026-07-25	Unavailable	$2,523,899,520	2 / 8
2026-07-26	Unavailable	$2,523,899,520	2 / 8
2026-07-27	Unavailable	$2,523,899,520	2 / 8
2026-07-28	Unavailable	$2,523,899,520	2 / 8
2026-07-29	Unavailable	$2,519,134,316	3 / 6
2026-07-30	Unavailable	$2,523,899,520	2 / 8
2026-07-31	Unavailable	$2,519,134,316	3 / 6
2026-08-01	Unavailable	$2,519,134,316	3 / 6
2026-08-02	Unavailable	$2,523,899,520	2 / 8
2026-08-03	Unavailable	$2,523,899,520	2 / 8
2026-08-04	Unavailable	$2,519,134,316	3 / 6
2026-08-05	Unavailable	$2,519,134,316	3 / 6
2026-08-06	Unavailable	$2,519,134,316	3 / 6
2026-08-07	Unavailable	$2,519,125,633	3 / 6
2026-08-08	Unavailable	$2,505,676,770	2 / 8
2026-08-09	Unavailable	$2,505,676,770	2 / 8
2026-08-10	Unavailable	$2,519,125,633	3 / 6
2026-08-11	Unavailable	$2,505,676,770	2 / 8
2026-08-12	Unavailable	$2,519,125,633	3 / 6
2026-08-13	Unavailable	$2,519,125,633	3 / 6
2026-08-14	Unavailable	$2,519,125,633	3 / 6
2026-08-15	Unavailable	$2,519,125,633	3 / 6
2026-08-16	Unavailable	$2,519,125,633	3 / 6
2026-08-17	Unavailable	$2,519,125,633	3 / 6
2026-08-18	Unavailable	$2,519,125,633	3 / 6
2026-08-19	Unavailable	$2,519,125,633	3 / 6
2026-08-20	Unavailable	$2,518,026,633	4 / 6
2026-08-21	Unavailable	$2,518,026,633	4 / 6
2026-08-22	Unavailable	$2,518,026,633	4 / 6
2026-08-23	Unavailable	$2,518,026,633	4 / 6
2026-08-24	Unavailable	$2,518,026,633	4 / 6
2026-08-25	Unavailable	$2,518,026,633	4 / 6
2026-08-26	Unavailable	$2,518,026,633	4 / 6
2026-08-27	Unavailable	$2,518,026,633	4 / 6
2026-08-28	Unavailable	$2,518,026,633	4 / 6
2026-08-29	Unavailable	$2,525,458,658	4 / 6
2026-08-30	Unavailable	$2,525,458,658	4 / 6
2026-08-31	Unavailable	$2,525,458,658	4 / 5
2026-09-01	Unavailable	$2,525,458,658	4 / 5
2026-09-02	Unavailable	$2,525,458,658	4 / 5
2026-09-03	Unavailable	$2,528,713,658	4 / 5
2026-09-04	Unavailable	$2,528,713,659	4 / 5
2026-09-05	Unavailable	$2,528,713,659	4 / 5
2026-09-06	Unavailable	$2,528,713,659	4 / 5
2026-09-07	Unavailable	$2,528,713,659	4 / 5
2026-09-08	Unavailable	$2,528,713,659	4 / 5
2026-09-09	Unavailable	$2,528,713,659	4 / 5
2026-09-10	Unavailable	$2,528,713,659	4 / 5
2026-09-11	Unavailable	$2,528,713,659	4 / 5
2026-09-12	Unavailable	$2,540,588,659	3 / 5
2026-09-13	Unavailable	$2,540,588,659	4 / 5
2026-09-14	Unavailable	$2,540,588,659	4 / 5
2026-09-15	Unavailable	$2,540,588,659	4 / 5
2026-09-16	Unavailable	$2,540,588,659	4 / 5
2026-09-17	Unavailable	$2,540,588,659	4 / 5
2026-09-18	Unavailable	$2,540,588,659	4 / 5
2026-09-19	Unavailable	$2,541,269,133	4 / 5
2026-09-20	Unavailable	$2,541,269,133	4 / 5
2026-09-21	Unavailable	$2,541,269,133	4 / 5
2026-09-22	Unavailable	$2,541,269,133	4 / 5
2026-09-23	Unavailable	$2,541,269,133	4 / 5
2026-09-24	Unavailable	$2,544,607,581	4 / 5
2026-09-25	Unavailable	$2,544,575,535	4 / 5
2026-09-26	Unavailable	$2,544,575,535	4 / 5
2026-09-27	Unavailable	$2,544,575,535	4 / 5
2026-09-28	Unavailable	$2,544,575,535	4 / 5
2026-09-29	Unavailable	$2,544,575,535	4 / 5
2026-09-30	Unavailable	$2,544,575,535	4 / 5
2026-10-01	Unavailable	$2,544,575,535	4 / 5
2026-10-02	Unavailable	$2,544,575,535	4 / 6
2026-10-03	Unavailable	$2,544,575,535	4 / 6
2026-10-04	Unavailable	$2,544,575,535	4 / 6
2026-10-05	Unavailable	$2,544,575,535	4 / 6
2026-10-06	Unavailable	$2,544,575,535	4 / 6
2026-10-07	Unavailable	$2,538,516,093	4 / 6
2026-10-08	Unavailable	$2,538,516,093	4 / 6
2026-10-09	Unavailable	$2,538,516,093	4 / 6
2026-10-10	Unavailable	$2,538,516,093	4 / 6
2026-10-11	Unavailable	$2,538,516,093	4 / 6
2026-10-12	Unavailable	$2,538,516,093	4 / 6
2026-10-13	Unavailable	$2,538,516,093	4 / 6
2026-10-14	Unavailable	$2,538,516,093	4 / 6
2026-10-15	Unavailable	$2,547,766,093	4 / 6
2026-10-16	Unavailable	$2,547,766,093	4 / 6
2026-10-17	Unavailable	$2,547,766,093	4 / 6
2026-10-18	Unavailable	$2,547,766,093	4 / 6
2026-10-19	Unavailable	$2,547,766,093	4 / 6
2026-10-20	Unavailable	$2,547,766,093	4 / 6
2026-10-21	Unavailable	$2,547,766,093	4 / 6
2026-10-22	Unavailable	$2,547,766,093	4 / 6
2026-10-23	Unavailable	$2,547,766,093	4 / 6
2026-10-24	Unavailable	$2,547,766,093	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*
2026-05-01	5	9	2
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

*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 · 10 Hold · 1 Sell / Strong Sell

1 upgrades0 downgrades2 maintains

Recent actions · Sep 25–Oct 24 · 3 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

Sep 25, 2026–Oct 24, 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

1.3%Typical daily move · historical

Downside history

-28.1%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 24, 2026

What kind of bet this is

This is a real estate recovery and execution thesis, not a proven durable compounder: recent performance is weak, earnings quality is loss-making, and management execution is volatile. The long-term thesis is still being monitored, with balance-sheet progress and organic growth partly offset by uneven portfolio optimization.

What's priced into Americold Realty Trust Inc

Valuation is stretched versus peers, with a 3.71-point premium, while the model has low confidence and identifies optionality as the main valuation driver. The expectations gap is 0.11, but the evidence does not show precisely what assumptions the market is making; recent valuation has also fallen by 10.9 points.

What the fundamentals likely do

Near term, results remain weak relative to the industry cohort, and recent earnings have been erratic despite an August earnings beat and guidance raise. Over the multi-year view, debt repayment after the EQT joint venture and progress in retail and e-commerce growth support improvement, while portfolio optimization is mixed. A guidance reversal would add a credibility concern.

What Americold Realty Trust Inc hinges on

The multi-year thesis depends on continued debt reduction, organic growth, and more consistent management execution. Near-term support could come from lower interest rates or continued strength among real estate peers, while a guidance cut after the recent raise would weaken the case.