Extra Space Storage Inc. (EXR)
NYSE: EXR · Real-Time Price · USD
151.15
+0.34 (0.23%)
At close: May 30, 2025, 4:00 PM
151.15
0.00 (0.00%)
After-hours: May 30, 2025, 7:14 PM EDT

Extra Space Storage Stock Forecast

Stock Price Forecast

According to 14 professional analysts, the 12-month price target for Extra Space Storage stock ranges from a low of $55 to a high of $204. The average analyst price target of $160.86 forecasts a 6.42% increase in the stock price over the next year.

Price Target: $160.86 (+6.42%)
Analyst Consensus: Buy
Target Low Average Median High
Price $55 $160.86 $166 $204
Change -63.61% +6.42% +9.82% +34.97%

Analyst Ratings

The average analyst rating for Extra Space Storage stock is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating Dec '24Jan '25Feb '25Mar '25Apr '25May '25
Strong Buy 211112
Buy 333355
Hold 777767
Sell 211110
Strong Sell 000000
Total 141212121314

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Mizuho
Mizuho
Buy
Maintains
$141$153
Buy Maintains $141$153 +1.22% May 28, 2025
Barclays
Barclays
Buy
Maintains
$181$178
Buy Maintains $181$178 +17.76% May 16, 2025
Benchmark
Benchmark
Strong Buy
Maintains
$61$55
Strong Buy Maintains $61$55 -63.61% May 13, 2025
B of A Securities
B of A Securities
Hold
Maintains
$155$161
Hold Maintains $155$161 +6.52% May 13, 2025
Scotiabank
Scotiabank
Buy
Maintains
$149$166
Buy Maintains $149$166 +9.82% May 12, 2025
More Analyst Ratings

Financial Forecast

Revenue This Year
3.07B
from 3.34B
Decreased by -8.00%
Revenue Next Year
3.18B
from 3.07B
Increased by 3.55%
EPS This Year
4.53
from 4.03
Increased by 12.36%
EPS Next Year
4.74
from 4.53
Increased by 4.61%
Fiscal Year FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026 FY 2027
Period Ending Dec 31, 2020 Dec 31, 2021 Dec 31, 2022 Dec 31, 2023 Dec 31, 2024 Dec 31, 2025 Dec 31, 2026 Dec 31, 2027
Revenue
1.38B1.61B1.97B2.62B3.34B3.07B3.18B3.42B
Revenue Growth
4.46%16.77%22.11%33.04%27.64%-8.00%3.55%7.48%
EPS
3.716.196.414.744.034.534.745.14
EPS Growth
14.67%66.96%3.45%-26.04%-14.97%12.36%4.61%8.41%
Forward PE
-----33.3831.9129.43
No. Analysts
-----10108
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 20252026202720282029
High 3.5B 3.7B 3.9B
Avg 3.1B 3.2B 3.4B
Low 2.8B 2.8B 3.1B

Revenue Growth

Revenue Growth 20252026202720282029
High
5.8%
20.2%
22.0%
Avg
-8.0%
3.5%
7.5%
Low
-17.0%
-8.6%
-3.8%

EPS Forecast

EPS 20252026202720282029
High 5.26 5.43 5.78
Avg 4.53 4.74 5.14
Low 4.02 4.10 4.16

EPS Growth

EPS Growth 20252026202720282029
High
30.5%
19.9%
21.9%
Avg
12.4%
4.6%
8.4%
Low
-0.3%
-9.5%
-12.3%
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.