Mobile Infrastructure Corp Dossier
|
SectorReal Estate IndustryReal Estate Services Beta (adjusted)0.79 Intrinsic Value $3.78median of 2 methodsbased on filings through 30 Jun 2026 Market Price $2.62Price as of 1 Oct 2026 UndervaluedIntrinsic value is 44% above the market price −50% · IV below pricenear fair value ±15%IV above price · +50% Data confidence Sign in to view data confidence Market Cap $108M Enterprise Value $292M Shares Outstanding 39.3M diluted Next Earnings Date10 Nov 2026 All prices and values are periodic snapshots, not live quotes. Source dates are shown for reference. ThesisStreet consensus, scenarios, merits, risks, and invalidation triggers Thesis Summary Mobile Infrastructure Corp (NYSE:BEEP) is executing a highly strategic transformation centered on converting its leased parking assets into management contracts. This pivot grants the company direct control over property-level budgets, enabling aggressive revenue optimization and cost management. Additionally, the company's 36-month asset rotation program is successfully recycling capital from non-core assets (at highly attractive low cap rates) into larger, core parking assets with multiple demand drivers, while simultaneously reducing debt and strengthening the balance sheet. This section is the 12-month view: analyst targets and the probability-weighted scenarios built from them. The intrinsic value at the top of this page answers a different question: what the business is worth today. Street view · analyst 12-month targets Low · most bearish analyst$5.00 Mean target$5.83 High · most bullish analyst$6.50 Our research · scenarios, merits, risks, and invalidation triggersResearch as of 19 Jun 2026 Scenarios · 12-month scenario targets Bear CaseDownside scenario $5.00 Slower-than-anticipated recovery in key metropolitan parking markets, prolonged disruptions in major municipal hubs, or delays in executing the remaining asset sales. High interest rates continue to pressure net margins, and debt reduction progress stalls. Base CaseCentral scenario $5.83 Matches the consensus meanSteady execution of the management contract pivot (reaching full conversion by 2027) and orderly progress on the asset rotation program. Same-location NOI grows at a mid-single-digit pace, and total debt continues to decline toward target levels, aligning with the company's reiterated 2026 guidance. Bull CaseUpside scenario $7.00 Accelerated conversion of the remaining leased assets to management contracts combined with rapid deployment of recycled capital from the $100 million asset rotation program. Stronger-than-expected recovery in central business districts and successful implementation of technology-driven pricing optimization drive same-location NOI margins significantly higher. Scenarios are anchored to street consensus at the research date, with our probabilities and rationale. Key Investment Merits
Key Investment Risks
Thesis Invalidation Triggers
All scenarios are estimates and subject to change. Past performance is not indicative of future results. Quality Pillars MembersThis section is available to registered members. Create a free account or sign in to unlock the full breakdown. Explore this dossierValuationIntrinsic value, the six-method breakdown, peer medians, and your assumptions sandbox.Financial SnapshotRevenue, profitability, returns, balance sheet, dividends, and the filing-level detail.Qualitative AnalysisBusiness overview, strategic initiatives, and mergers, acquisitions & partnerships.Outlook & Key DatesForward estimates, reporting calendar, and the monitoring framework. |