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EXR
Volume: 1.15M

EXR Stock Forecast & Price Target

EXR Analyst Ratings

Based on 12 analyst ratings
Buy
Strong Buy 17%
Buy 33%
Hold 50%
Sell 0%
Strong Sell 0%

Bulls say

Extra Space Storage is supported by a valuation framework that blends discounted cash flow, NAV, and FFO multiples, suggesting the market is still pricing its cash-generating ability conservatively relative to long-run norms. The company’s 17.8x 2026 FFO multiple sits below its 19.5x historical average, while its extensive platform of more than 4,400 self-storage properties and over 340 million net rentable square feet underpins durable scale and recurring management-fee income. Even with a slight 2027 estimate reduction of 0.7%, steady normalized FFO and FAD multiples indicate resilient fundamentals and modest upside potential.

Bears say

Extra Space Storage is facing a weaker fundamental setup as estimates are being trimmed across 2025, 2026, and 2027, with normalized FFO per share revised to $8.18, $8.23, and $8.47, respectively, all reflecting only modest growth. The bearish view is driven by slowing self-storage fundamentals seen in pricing surveys, sensitivity to credit markets, and the possibility that street rates, promotions, and new supply move against expectations. Additional pressure comes from integration risk tied to rebranding the LSI stores, which could weigh on execution even as the company manages a large portfolio of more than 4,400 properties and over 340 million net rentable square feet.

EXR has been analyzed by 12 analysts, with a consensus rating of Buy. 17% of analysts recommend a Strong Buy, 33% recommend Buy, 50% suggest Holding, 0% advise Selling, and 0% predict a Strong Sell.

This aggregate rating is based on analysts' research of Extra Space Storage and is not a guaranteed prediction by Public.com or investment advice.

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FAQs About Extra Space Storage (EXR) Forecast

Analysts have given EXR a Buy based on their latest research and market trends.

According to 12 analysts, EXR has a Buy consensus rating as of Oct 25, 2026. This rating is provided by third-party analysts and is not investment advice from Public.com.

Wall Street analysts have set a price target of $156, reflecting a 0.00% increase from the current stock price.

Financial analysts have set a price target of $156, indicating a 0.00% increase from the current stock price, but ratings and forecasts are frequently updated based on market conditions, earnings reports, and industry trends. This prediction is provided by third-party analysts and is not investment advice from Public.com.

Extra Space Storage (EXR)

Volume: 1.15M

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