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Tenant Concerns Lead Barclays to Lower VICI Target

VICI Properties Inc. (NYSE:VICI) is included among the 15 Dividend Stocks Paying 4%+ Yield in 2025.

On December 3, Barclays lowered its price target on VICI Properties Inc. (NYSE:VICI) to $33 from $37 and kept an Overweight rating on the shares. The firm adjusted its net lease estimates based on Q3 earnings and recent transactions. The firm cited tenant-related concerns as the reason for the lower target.

VICI Properties Inc. (NYSE:VICI) owns 93 properties and has a diversified portfolio consisting of casinos, resorts, and other entertainment properties. The company’s major tenants include Caesar’s Entertainment, MGM Resorts, and Penn Entertainment, which have long-term lease contracts that go on for decades. In addition, most of these contracts are tied to the Consumer Price Index (CPI), which gives VICI an advantage to raise its rent regularly to keep up with inflation.

The tenacity of those contracts has allowed VICI Properties Inc. (NYSE:VICI) to maintain a solid 100% occupancy rate ever since it went public in 2018. This rate remained intact even during the pandemic and other related headwinds. At the end of Q3 2025, the company had $507.5 million available in cash and cash equivalents. VICI has raised its dividends for seven years in a row.

VICI Properties Inc. (NYSE:VICI) is an American real estate investment trust company that specializes in acquiring casino and other entertainment properties.

While we acknowledge the potential of VICI as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than VICI and that has a 100x upside potential, check out our report about the cheapest AI stock.

READ NEXT: 15 Blue Chip Dividend Stocks to Build a Passive Income Portfolio and 14 Best US Stocks to Buy for Long Term.

Disclosure: None.

The $250 Trillion AI Hype is Real. A few years from now, you’ll probably wish you’d bought this stock.

When Jeff Bezos said that one breakthrough technology would shape Amazon’s destiny, even Wall Street’s biggest analysts were caught off guard.

Fast forward a year and Amazon’s new CEO Andy Jassy described generative AI as a “once-in-a-lifetime” technology that is already being used across Amazon to reinvent customer experiences.

At the 8th Future Investment Initiative conference, Elon Musk predicted that by 2040 there would be at least 10 billion humanoid robots, with each priced between $20,000 and $25,000.

Do the math. According to Musk, this technology could be worth $250 trillion by 2040.

Put another way, that’s roughly equal to:

  • 175 Teslas
  • 107 Amazons
  • 140 Metas
  • 84 Googles
  • 65 Microsofts
  • And 55 Nvidias

And here’s the wild part — this $250 trillion wave isn’t tied to one company, but to an entire ecosystem of AI innovators set to reshape the global economy.

It’s a leap so massive, it could reshape how businesses, governments, and consumers operate worldwide.

Even if that $250 trillion figure sounds ambitious, major firms like PwC and McKinsey still see AI unlocking multi-trillion-dollar potential.

How could anything be worth that much?

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Before I reveal the details, let’s talk about how some of the richest people on the planet are positioning themselves.

  • Bill Gates sees artificial intelligence as the “biggest technological advance in my lifetime,” more transformative than the internet or personal computer, capable of improving healthcare, education, and addressing climate change.
  • Larry Ellison — through Oracle, is spending billions on Nvidia chips and partnering with Cohere to embed generative AI across Oracle’s cloud and apps.
  • Warren Buffett — not known for tech hype — says this breakthrough could have a ‘hugely beneficial social impact.

When billionaires from Silicon Valley to Wall Street line up behind the same idea — you know it’s worth paying attention to.

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