Broadstone Net Lease Inc

BNL remains in a solid Stage 2 advance within a long-term uptrend, but recent Parabola-driven expansion has extended price well above rising EMAs into extreme overbought territory. Given the Stable strategy’s emphasis on controlled engagement and the heightened risk of a blow-off top, execution should be deferred until price pulls back or consolidates into the rising EMAs or the prior resistance-turned-support zone for a more favorable entry.

• ↑Q1 2026 AFFO grew 5.6% YoY to $76.9 M ($0.38/share), on track for $1.53–$1.57 guidance
• ↑$305.9 M in build-to-suit commitments to add ~$28 M ABR by Q3 2026
• ↓Exposure to underperforming tenants (e.g. Red Lobster) risks rent shortfalls