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EXR
Volume: 131

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 large, diversified platform of more than 4,400 self-storage properties across 42 states and over 340 million net rentable square feet, with roughly half of the portfolio wholly owned and the rest split between joint ventures and third-party managed assets. Its fundamentals remain attractive because management is maintaining 2026 normalized FFO, only trimming the 2027 estimate slightly by 0.7%, while the stock’s valuation at 17.8x 2026 FFO sits below the historical average of 19.5x, suggesting room for multiple support. The company’s steady NFFO and FAD profile, together with an implied 5.5% total return and the asset-light fee stream from managed properties, underpin a constructive outlook.

Bears say

Extra Space Storage is facing a softer fundamental backdrop, as the analyst is trimming 2025, 2026, and 2027 FFO estimates to $8.18, $8.42, and $8.47 per share, respectively, with 2026 growth of only 0.3% and 2027 growth of 2.9%. The negative outlook is driven by observed slowing self-storage fundamentals in pricing surveys, along with risks that new supply, higher promotions, and weaker street rates could further pressure same-store revenue. It also remains exposed to credit markets for acquisition pricing and funding, while integration risk from rebranding the LSI stores could weigh on execution and returns.

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 9, 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 $156.92, reflecting a 0.00% increase from the current stock price.

Financial analysts have set a price target of $156.92, 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: 131

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