CubeSmart (CUBE)
NYSE: CUBE · Real-Time Price · USD
48.91
+0.31 (0.64%)
Nov 22, 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 51.45, with a low estimate of 40 and a high estimate of 62. The average target predicts an increase of 5.19% from the current stock price of 48.91.

Analyst Consensus: Hold
Target Low Average Median High
Price $40 $51.45 $53 $62
Change -18.22% +5.19% +8.36% +26.76%

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 '24Jul '24Aug '24Sep '24Oct '24Nov '24
Strong Buy 222111
Buy 222333
Hold 876776
Sell 000000
Strong Sell 111111
Total 131211121211

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
RBC Capital
RBC Capital
Buy
Maintains
$56$53
Buy Maintains $56$53 +8.36% Nov 4, 2024
Barclays
Barclays
Hold
Maintains
$55$54
Hold Maintains $55$54 +10.41% Oct 28, 2024
Wells Fargo
Wells Fargo
Hold
Maintains
$48$50
Hold Maintains $48$50 +2.23% Oct 21, 2024
Jefferies
Jefferies
Strong Buy
Maintains
$53$62
Strong Buy Maintains $53$62 +26.76% Sep 18, 2024
Evercore ISI Group
Evercore ISI Group
Hold
Maintains
$52$53
Hold Maintains $52$53 +8.36% Sep 16, 2024
More Analyst Ratings

Financial Forecast

Revenue This Year
1.04B
Revenue Next Year
1.08B
from 1.04B
Increased by 3.36%
EPS This Year
1.76
from 1.82
Decreased by -3.04%
EPS Next Year
1.81
from 1.76
Increased by 2.67%
Fiscal Year FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026
Period Ending Dec 31, 2019 Dec 31, 2020 Dec 31, 2021 Dec 31, 2022 Dec 31, 2023 Dec 31, 2024 Dec 31, 2025 Dec 31, 2026
Revenue
-----1.04B1.08B1.15B
Revenue Growth
9.71%3.71%24.80%19.46%4.16%-3.36%6.41%
EPS
0.880.851.091.291.821.761.811.87
EPS Growth
--3.41%28.24%18.35%41.09%-3.04%2.67%3.48%
Forward PE
-----27.7227.0026.09
No. Analysts -----10107
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 20242025202620272028
High 1.1B 1.2B 1.3B
Avg 1.0B 1.1B 1.1B
Low 893.8M 904.2M 941.6M

Revenue Growth

Revenue Growth 20242025202620272028
High -
13.4%
16.8%
Avg -
3.4%
6.4%
Low -
-13.2%
-12.6%

EPS Forecast

EPS 20242025202620272028
High 1.84 1.92 2.03
Avg 1.76 1.81 1.87
Low 1.68 1.70 1.69

EPS Growth

EPS Growth 20242025202620272028
High
1.0%
8.9%
11.9%
Avg
-3.0%
2.7%
3.5%
Low
-7.9%
-3.9%
-7.0%
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.