Extra Space Storage Inc. (EXR)
NYSE: EXR · Real-Time Price · USD
148.11
+0.84 (0.57%)
Jul 18, 2025, 4:00 PM - Market closed

Extra Space Storage Stock Forecast

Stock Price Forecast

The 14 analysts that cover Extra Space Storage stock have a consensus rating of "Buy" and an average price target of $161, which forecasts a 8.7% increase in the stock price over the next year. The lowest target is $55 and the highest is $204.

Price Target: $161 (+8.7%)
Analyst Consensus: Buy
TargetLowAverageMedianHigh
Price$55$161$166$204
Change-62.87%+8.70%+12.08%+37.74%
* Price targets were last updated on Jun 13, 2025.

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

RatingFeb '25Mar '25Apr '25May '25Jun '25Jul '25
Strong Buy111222
Buy335555
Hold776777
Sell111000
Strong Sell000000
Total121213141414

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
JP Morgan
JP Morgan
Hold
Maintains
$160$162
HoldMaintains$160$162+9.38%Jun 13, 2025
Mizuho
Mizuho
Buy
Maintains
$141$153
BuyMaintains$141$153+3.30%May 28, 2025
Barclays
Barclays
Buy
Maintains
$181$178
BuyMaintains$181$178+20.18%May 16, 2025
Benchmark
Benchmark
Strong Buy
Maintains
$61$55
Strong BuyMaintains$61$55-62.87%May 13, 2025
B of A Securities
B of A Securities
Hold
Maintains
$155$161
HoldMaintains$155$161+8.70%May 13, 2025
More Analyst Ratings

Financial Forecast

Revenue This Year
3.09B
from 3.34B
Decreased by -7.43%
Revenue Next Year
3.19B
from 3.09B
Increased by 3.24%
EPS This Year
4.79
from 4.03
Increased by 18.83%
EPS Next Year
4.85
from 4.79
Increased by 1.35%
Fiscal YearFY 2020FY 2021FY 2022FY 2023FY 2024FY 2025FY 2026FY 2027
Period EndingDec 31, 2020Dec 31, 2021Dec 31, 2022Dec 31, 2023Dec 31, 2024Dec 31, 2025Dec 31, 2026Dec 31, 2027
Revenue
1.38B1.61B1.97B2.62B3.34B3.09B3.19B3.40B
Revenue Growth
4.46%16.77%22.11%33.04%27.64%-7.43%3.24%6.46%
EPS
3.716.196.414.744.034.794.855.21
EPS Growth
14.67%66.96%3.45%-26.04%-14.97%18.83%1.35%7.35%
Forward PE
-----30.9330.5228.43
No. Analysts
-----10108
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue20252026202720282029
High3.5B3.7B3.9B
Avg3.1B3.2B3.4B
Low2.8B2.8B2.9B

Revenue Growth

Revenue Growth20252026202720282029
High
6.0%
19.6%
21.7%
Avg
-7.4%
3.2%
6.5%
Low
-16.3%
-8.3%
-7.8%

EPS Forecast

EPS20252026202720282029
High5.265.435.78
Avg4.794.855.21
Low4.274.324.56

EPS Growth

EPS Growth20252026202720282029
High
30.5%
13.4%
19.0%
Avg
18.8%
1.4%
7.3%
Low
6.0%
-9.8%
-6.1%
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.