
EXR Stock Forecast & Price Target
EXR Analyst Ratings
Bulls say
Extra Space Storage demonstrates a robust outlook due to its projected near-term growth driven by increased occupancy rates, substantial rent growth, and customer rate increases, suggesting potential surprises in financial performance. Furthermore, the company's focus on layering in fixed-rate debt over time provides a strategy for enhanced financial stability and management Net Operating Income (NOI). Additionally, the potential upside from Extra Space Storage's mezzanine and debt investment platform contributes to an optimistic view of its revenue sustainability and growth prospects.
Bears say
The financial analysis indicates a negative outlook for Extra Space Storage due to a reduction in normalized FFO estimates, with the 2026 forecast lowered by 1.2% to $8.32 per share, slightly below consensus expectations. Additionally, the company faces significant risks related to a slowdown in self-storage fundamentals, as evidenced by recent pricing surveys. These factors, combined with the potential drag from rent moratoriums, contribute to a cautious stance on the company's financial performance going forward.
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
Start investing in EXR
Order type
Buy in
Order amount
Est. shares
0 shares