---
title: "Kevin Steinke Reiterates Buy on Mobile Infrastructure Corp., Maintains $6.50 Price Target on Strong Q2 Performance and Improving Demand"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/295833901.md"
description: "Barrington analyst Kevin Steinke reiterated a Buy rating on Mobile Infrastructure Corp. with a $6.50 price target, citing strong Q2 performance that beat projections and improving demand. Key drivers include healthy same-location revenue and NOI growth from disciplined cost control and management contracts, alongside robust growth in parking volumes as construction headwinds abate."
datetime: "2026-08-13T17:15:21.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/295833901.md)
  - [en](https://longbridge.com/en/news/295833901.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/295833901.md)
generator: "portal-rs"
---

# Kevin Steinke Reiterates Buy on Mobile Infrastructure Corp., Maintains $6.50 Price Target on Strong Q2 Performance and Improving Demand

Mobile Infrastructure Corp, the Industrials sector company, was revisited by a Wall Street analyst today. Analyst Kevin Steinke from Barrington reiterated a Buy rating on the stock and has a $6.50 price target.

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Kevin Steinke has given his Buy rating due to a combination of factors tied to Mobile Infrastructure Corp.’s solid operating performance and improving demand backdrop. The company delivered second-quarter results that surpassed both his projections and consensus, with healthy same-location revenue and NOI growth supported by disciplined cost control and the strategic shift toward management contracts, which enhance visibility and profitability.

Steinke also points to robust growth in higher-quality contract parking volumes and a rebound in transient parking as construction-related headwinds abate and key markets like Cincinnati and Nashville recover. Combined with MIC’s focused strategy in fragmented Tier 2 city parking markets and the unchanged $6.50 price target that implies substantial upside from the current share price, these factors underpin his continued Outperform recommendation.

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> **Disclaimer: This article is for reference only and does not constitute any investment advice.**