Core Viewpoint - BofA Securities analyst Jeffrey Spector downgraded Lineage Inc from Buy to Neutral and reduced the price target from $70.00 to $49.00 due to reduced visibility from ongoing revenue growth challenges, halted supply chain investments, and downward earnings revisions [1]. Financial Performance - Lineage reported Q1 2025 EPS of $0.01, surpassing analyst expectations of a $0.05 loss, but revenue of $1.29 billion fell short of the $1.34 billion consensus estimate [2]. - The company maintained its full-year 2025 outlook, projecting adjusted EBITDA between $1.35 billion and $1.40 billion, and adjusted FFO per share in the range of $3.40 to $3.60 [3]. Growth Projections - The analyst revised 2025 occupancy growth forecast down to -1.7% from -0.6% and reduced throughput volume growth to -1.6% from +1.5% [4][5]. - For 2026, occupancy growth is expected to remain flat, while throughput growth is now forecasted at +0.3%, down from +1.5% [4][5]. Market Reaction - LINE shares closed lower by 1.13% to $43.78 on Tuesday [5].
Lineage Stock Forecast Slashed By 30% - Here's Why