CubeSmart (CUBE)
NYSE: CUBE · Real-Time Price · USD
49.86
+0.95 (1.94%)
Nov 25, 2024, 4:00 PM EST - Market closed
CubeSmart Stock Forecast
Stock Price Forecast
The 11 analysts with 12-month price forecasts for CubeSmart stock have an average target of 51.36, with a low estimate of 40 and a high estimate of 62. The average target predicts an increase of 3.01% from the current stock price of 49.86.
Analyst Consensus: Hold
Analyst Ratings
The average analyst rating for CubeSmart stock from 11 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.
Recommendation Trends
| Rating | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 2 | 1 | 1 | 1 |
| Buy | 2 | 2 | 2 | 3 | 3 | 3 |
| Hold | 8 | 7 | 6 | 7 | 7 | 6 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 1 | 1 | 1 | 1 | 1 | 1 |
| Total | 13 | 12 | 11 | 12 | 12 | 11 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Scotiabank | Scotiabank | Buy Maintains $53 → $52 | Buy | Maintains | $53 → $52 | +4.29% | Nov 25, 2024 |
| RBC Capital | RBC Capital | Buy Maintains $56 → $53 | Buy | Maintains | $56 → $53 | +6.30% | Nov 4, 2024 |
| Barclays | Barclays | Hold Maintains $55 → $54 | Hold | Maintains | $55 → $54 | +8.30% | Oct 28, 2024 |
| Wells Fargo | Wells Fargo | Hold Maintains $48 → $50 | Hold | Maintains | $48 → $50 | +0.28% | Oct 21, 2024 |
| Jefferies | Jefferies | Strong Buy Maintains $53 → $62 | Strong Buy | Maintains | $53 → $62 | +24.35% | Sep 18, 2024 |
Financial Forecast
Revenue This Year
1.05B
Revenue Next Year
1.09B
from 1.05B
Increased by 3.42%
EPS This Year
1.77
from 1.82
Decreased by -2.90%
EPS Next Year
1.81
from 1.77
Increased by 2.38%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 1.1B | 1.2B | 1.3B | ||
| Avg | 1.1B | 1.1B | 1.2B | ||
| Low | 893.8M | 904.2M | 941.6M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | - | 12.4% | 15.6% | ||
| Avg | - | 3.4% | 5.7% | ||
| Low | - | -14.1% | -13.5% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 1.84 | 1.90 | 1.99 | ||
| Avg | 1.77 | 1.81 | 1.87 | ||
| Low | 1.69 | 1.70 | 1.69 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 1.0% | 7.5% | 10.3% | ||
| Avg | -2.9% | 2.4% | 3.5% | ||
| Low | -7.4% | -4.1% | -6.8% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.