Is Star Holdings (NASDAQ:STHO) a buy in 2026?
Yes, on balance. The Compass leans toward accumulating Star Holdings at current levels.
A liquidation vehicle trading at half of book, with the market treating its wind-down like a going concern problem.
Where STHO is headed
Star Holdings isn't a real estate operator. It's a runoff vehicle, spun out of iStar in March 2023 to hold the leftover non-ground-lease assets Safehold didn't want. The whole point of this entity is to sell everything and hand the cash back to shareholders. That framing changes what the numbers mean. Revenue down 59.9% isn't a business in decline, it's the plan working. The portfolio is shrinking on schedule.
Read the full Compass Direction on STHO
The complete destination call, the overlooked angle, milestones, and bull, base, and bear price scenarios (around $9.64).
See the full STHO analysisGet calls like this, free
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Frequently asked questions
Is Star Holdings (NASDAQ:STHO) a buy in 2026?
Yes, on balance. The Compass leans toward accumulating Star Holdings at current levels. A liquidation vehicle trading at half of book, with the market treating its wind-down like a going concern problem.
What is STHO's Compass Score?
Star Holdings scores 74/100 on Alexandria's Compass, placing it in the "Favorable" tier. Scores blend eight factors and update weekly.
What is the price target for STHO?
Alexandria's full Compass Direction includes bull, base, and bear price scenarios with the valuation math behind each. Read the full breakdown on the STHO page.
Compass verdicts are AI-generated, forward-looking editorial research from publicly available data, not investment advice or a recommendation regarding any security. Scores and verdicts update as the data changes.