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Extra Space Storage (EXR) Stock Forecast, Price Target & Predictions

OverviewRevenueOwnershipFinancialsChartTranscripts

EXR Stock Forecast

Extra Space Storage (EXR) stock forecast, based on 28 Wall Street analysts, predicts a 12-month average price target of $160.00, with a high of $172.00 and a low of $148.00. This represents a 17.97% increase from the last price of $135.63.

$130 $141 $152 $163 $174 $185 High: $172 Avg: $160 Low: $148 Last Closed Price: $135.63

EXR Stock Rating

Extra Space Storage stock's rating consensus is Hold, based on 28 Wall Street analysts. The breakdown includes 0 Strong Buy (0.00%), 13 Buy (46.43%), 15 Hold (53.57%), 0 Sell (0.00%), and 0 Strong Sell (0.00%).

Hold
Total 28 0 15 13 Strong Sell Sell Hold Buy Strong Buy

EXR Price Target Upside V Benchmarks

TypeNameUpside
StockExtra Space Storage17.97%
SectorReal Estate Stocks 15.61%
IndustryIndustrial REIT Stocks 14.23%

Price Target Trends

1M3M12M
# Anlaysts51027
Avg Price Target$159.40$159.80$153.15
Last Closing Price$135.63$135.63$135.63
Upside/Downside17.53%17.82%12.92%
Ratings Trends
DateStrong BuyBuyHoldSellStrong SellTotal
Sep, 263612--21
Aug, 264512--21
Jul, 263612--21
Jun, 263611-121
May, 262612-121
Analyst Price Target Forecasts
DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Sep 02, 2026Ravi VaidyaMizuho Securities$152.00$140.128.48%12.07%
Sep 01, 2026Wells Fargo$157.00$141.1011.27%15.76%
Aug 27, 2026BMO Capital$170.00$144.0917.98%25.34%
Aug 24, 2026BMO Capital$160.00$146.259.40%17.97%
Aug 18, 2026Nicholas YulicoScotiabank$158.00$148.686.27%16.49%
Jul 30, 2026Goldman Sachs$160.00$148.217.95%17.97%
Jul 24, 2026Wells Fargo$158.00$145.428.65%16.49%
Jul 10, 2026UBS$163.00$143.9213.26%20.18%
Jul 10, 2026Barclays$172.00$142.6820.55%26.82%
Jun 17, 2026Ki Bin KimTruist Financial$148.00$143.922.83%9.12%
Analyst Rating Forecasts
DateCompanyPrevious RatingNew RatingRating Change
Aug 27, 2026BMO CapitalMarket PerformOutperformupgrade
Aug 24, 2026BMO CapitalMarket PerformMarket Performhold
Aug 18, 2026ScotiabankSector PerformSector Performhold
Jul 30, 2026Goldman SachsNeutralNeutralhold
Jul 24, 2026Wells FargoOverweightOverweighthold
Jul 10, 2026UBSBuyBuyhold
Jul 10, 2026BarclaysOverweightOverweighthold
Jun 16, 2026Bank of America SecuritiesUnderperformNeutralupgrade
May 18, 2026UBSBuyBuyhold
Mar 02, 2026ScotiabankSector PerformSector Performhold

Financial Forecast

EPS Forecast

Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27 Dec 28
Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27Dec 28
Reported$6.20$6.41$4.74$4.03$4.59---
Avg Forecast$5.32$6.09$4.90$3.93$4.56$4.91$5.40$5.83
High Forecast$5.67$6.15$4.92$3.94$4.65$5.71$5.71$5.99
Low Forecast$5.00$6.01$4.87$3.91$4.52$4.47$5.05$5.70
Surprise %16.54%5.25%-3.27%2.54%0.66%---

Revenue Forecast

$2B $2B $3B $3B $4B $5B Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27 Dec 28
Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27Dec 28
Reported$1.61B$1.97B$2.62B$3.34B$3.38B---
Avg Forecast$1.58B$1.93B$2.44B$3.26B$3.37B$3.52B$3.80B$3.99B
High Forecast$1.66B$1.95B$2.49B$3.42B$3.48B$3.60B$3.87B$4.08B
Low Forecast$1.50B$1.91B$2.39B$3.17B$3.29B$3.46B$3.73B$3.92B
Surprise %2.18%1.82%7.15%2.43%0.19%---

Net Income Forecast

$450M $570M $690M $810M $930M $1B Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27 Dec 28
Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27Dec 28
Reported$827.65M$860.69M$803.20M$854.68M$974.00M---
Avg Forecast$590.06M$746.88M$801.97M$663.65M$775.43M$861.40M$910.10M$986.56M
High Forecast$708.07M$896.26M$962.36M$666.11M$786.55M$965.62M$965.50M$1.01B
Low Forecast$472.05M$597.51M$641.57M$661.19M$764.32M$757.19M$854.70M$963.85M
Surprise %40.27%15.24%0.15%28.79%25.61%---

EXR Forecast FAQ

Is Extra Space Storage stock a buy?

Extra Space Storage stock has a consensus rating of Hold, based on 28 Wall Street analysts. The rating breakdown includes 0 Strong Buy, 13 Buy, 15 Hold, 0 Sell, and 0 Strong Sell, reflecting a consensus that Extra Space Storage is a neutral investment for most analysts.

What is Extra Space Storage's price target?

Extra Space Storage's price target, set by 28 Wall Street analysts, averages $160 over the next 12 months. The price target range spans from $148 at the low end to $172 at the high end, suggesting a potential 17.97% change from the previous closing price of $135.63.

How does Extra Space Storage stock forecast compare to its benchmarks?

Extra Space Storage's stock forecast shows a 17.97% upside, outperforming the average forecast for the real estate stocks sector (15.61%) and outperforming the industrial reit stocks industry (14.23%).

What is the breakdown of analyst ratings for Extra Space Storage over the past three months?

  • September 2026: 14.29% Strong Buy, 28.57% Buy, 57.14% Hold, 0% Sell, 0% Strong Sell.
  • August 2026: 19.05% Strong Buy, 23.81% Buy, 57.14% Hold, 0% Sell, 0% Strong Sell.
  • July 2026: 14.29% Strong Buy, 28.57% Buy, 57.14% Hold, 0% Sell, 0% Strong Sell.

What is Extra Space Storage’s EPS forecast?

Extra Space Storage's average annual EPS forecast for its fiscal year ending in December 2026 is $4.91, marking a 6.97% increase from the reported $4.59 in 2025. Estimates for the following years are $5.4 in 2027, and $5.83 in 2028.

What is Extra Space Storage’s revenue forecast?

Extra Space Storage's average annual revenue forecast for its fiscal year ending in December 2026 is $3.52B, reflecting a 4.28% increase from the reported $3.38B in 2025. The forecast for 2027 is $3.8B, and $3.99B for 2028.

What is Extra Space Storage’s net income forecast?

Extra Space Storage's net income forecast for the fiscal year ending in December 2026 stands at $861.4M, representing a -11.56% decrease from the reported $974M in 2025. Projections indicate $910.1M in 2027, and $986.56M in 2028.