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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 $153.80, with a high of $162.00 and a low of $148.00. This represents a 4.68% increase from the last price of $146.92.

$130 $141 $152 $163 $174 $185 High: $162 Avg: $153.8 Low: $148 Last Closed Price: $146.92

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%), 14 Hold (50.00%), 1 Sell (3.57%), and 0 Strong Sell (0.00%).

Hold
Total 28 1 14 13 Strong Sell Sell Hold Buy Strong Buy

EXR Price Target Upside V Benchmarks

TypeNameUpside
StockExtra Space Storage4.68%
SectorReal Estate Stocks 13.27%
IndustryIndustrial REIT Stocks 6.52%

Price Target Trends

1M3M12M
# Anlaysts168
Avg Price Target$149.00$152.67$157.00
Last Closing Price$146.92$146.92$146.92
Upside/Downside1.42%3.91%6.86%
Ratings Trends
DateStrong BuyBuyHoldSellStrong SellTotal
Oct, 254512--21
Sep, 253512--20
Aug, 255412--21
Jul, 255412--21
Jun, 255411--20
Analyst Price Target Forecasts
DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Oct 03, 2025Steve SakwaEvercore ISI$149.00$141.475.32%1.42%
Sep 16, 2025Michael GoldsmithUBS$160.00$143.5611.45%8.90%
Sep 15, 2025Steve SakwaEvercore ISI$147.00$143.732.28%0.05%
Aug 28, 2025Scotiabank$162.00$141.8414.21%10.26%
Aug 19, 2025Ki Bin KimTruist Financial$150.00$138.738.12%2.10%
Aug 04, 2025RBC Capital$148.00$138.067.20%0.74%
Mar 05, 2025Scotiabank$165.00$157.095.04%12.31%
Jan 01, 2025Jonathan PetersenJefferies$175.00$149.6016.98%19.11%
Oct 21, 2024Eric LuebchowWells Fargo$175.00$171.282.17%19.11%
Sep 18, 2024Jonathan PetersenJefferies$204.00$178.7814.11%38.85%
Analyst Rating Forecasts
DateCompanyPrevious RatingNew RatingRating Change
Oct 03, 2025Evercore ISICautiousCautioushold
Sep 16, 2025UBSBuyBuyhold
Aug 26, 2025Wells FargoEqual-WeightOverweightupgrade
Jun 24, 2025Exane BNP ParibasNeutralinitialise
Mar 06, 2025Goldman SachsBuyBuyhold
Jan 09, 2025ScotiabankUnderperformSector Performupgrade
Jan 01, 2025JefferiesBuyBuyhold
Oct 21, 2024Wells FargoNeutralEqual-Weightdowngrade
Sep 18, 2024BarclaysOverweightEqual-Weightupgrade
Sep 18, 2024JefferiesBuyupgrade

Financial Forecast

EPS Forecast

Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27 Dec 28
Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27Dec 28
Reported$3.71$6.20$6.41$4.74$4.04----
Avg Forecast$3.35$5.32$6.09$4.90$3.93$4.56$4.91$5.40$5.83
High Forecast$3.57$5.67$6.15$4.92$3.94$4.65$5.71$5.71$5.99
Low Forecast$3.15$5.00$6.01$4.87$3.91$4.52$4.47$5.05$5.70
Surprise %10.75%16.54%5.25%-3.27%2.80%----

Revenue Forecast

$1B $2B $2B $3B $4B $5B Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27 Dec 28
Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27Dec 28
Reported$1.36B$1.58B$1.92B$2.56B$3.26B----
Avg Forecast$1.34B$1.58B$1.93B$2.44B$3.26B$3.37B$3.52B$3.80B$3.99B
High Forecast$1.41B$1.66B$1.95B$2.49B$3.42B$3.48B$3.60B$3.87B$4.08B
Low Forecast$1.28B$1.50B$1.91B$2.39B$3.17B$3.29B$3.46B$3.73B$3.92B
Surprise %0.97%0.12%-0.33%4.91%-0.05%----

Net Income Forecast

$300M $450M $600M $750M $900M $1B Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27 Dec 28
Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27Dec 28
Reported$481.78M$827.65M$860.69M$803.20M$854.68M----
Avg Forecast$398.60M$590.06M$746.88M$801.97M$663.65M$775.43M$861.40M$910.10M$986.56M
High Forecast$478.32M$708.07M$896.26M$962.36M$666.11M$786.55M$965.62M$965.50M$1.01B
Low Forecast$318.88M$472.05M$597.51M$641.57M$661.19M$764.32M$757.19M$854.70M$963.85M
Surprise %20.87%40.27%15.24%0.15%28.79%----

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, 14 Hold, 1 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 $153.8 over the next 12 months. The price target range spans from $148 at the low end to $162 at the high end, suggesting a potential 4.68% change from the previous closing price of $146.92.

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

Extra Space Storage's stock forecast shows a 4.68% upside, underperforming the average forecast for the real estate stocks sector (13.27%) and underperforming the industrial reit stocks industry (6.52%).

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

  • October 2025: 19.05% Strong Buy, 23.81% Buy, 57.14% Hold, 0% Sell, 0% Strong Sell.
  • September 2025: 15.00% Strong Buy, 25.00% Buy, 60.00% Hold, 0% Sell, 0% Strong Sell.
  • August 2025: 23.81% Strong Buy, 19.05% 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 2025 is $4.56, marking a 12.87% increase from the reported $4.04 in 2024. Estimates for the following years are $4.91 in 2026, $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 2025 is $3.37B, reflecting a 3.50% increase from the reported $3.26B in 2024. The forecast for 2026 is $3.52B, followed by $3.8B for 2027, 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 2025 stands at $775.43M, representing a -9.27% decrease from the reported $854.68M in 2024. Projections indicate $861.4M in 2026, $910.1M in 2027, and $986.56M in 2028.