
EXR Stock Forecast & Price Target
EXR Analyst Ratings
Bulls say
Extra Space Storage demonstrates a positive outlook due to several strengthening financial metrics, including notable improvements in occupancy trends and rent growth, which could lead to higher-than-expected near-term growth rates. The company's strategy to layer in more fixed-rate debt over time is anticipated to enhance financial sustainability, potentially increasing the net operating income (NOI) more than previously projected. Furthermore, the evolution of customer-centric revenue initiatives suggests a more dynamic approach to revenue generation, positioning the company favorably in a competitive market.
Bears say
The outlook for Extra Space Storage's stock is negative primarily due to a slowdown in self-storage fundamentals, as evidenced by recent pricing surveys. Additionally, the impact of rent moratoriums is expected to create an effective drag of slightly more than 20 basis points, contributing to opportunity costs. Furthermore, revised estimates show a decrease in projected funds from operations (FFO) per share for both 2025 and 2026, reflecting a downward trend in financial performance.
This aggregate rating is based on analysts' research of Extra Space Storage and is not a guaranteed prediction by Public.com or investment advice.
EXR Analyst Forecast & Price Prediction
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