Extra Space Storage Inc. (EXR)
NYSE: EXR · Real-Time Price · USD
139.40
+1.76 (1.28%)
At close: Sep 14, 2026, 4:00 PM EDT
139.40
0.00 (0.00%)
After-hours: Sep 14, 2026, 5:50 PM EDT

Extra Space Storage Stock Forecast

Stock Price Forecast

According to 21 analysts polled by S&P Global, Extra Space Storage stock has a consensus rating of "Buy" and an average price target of $158.5. The average 1-year stock price forecast is 13.70% higher than the current stock price, while the lowest is $140 (+0.43%) and the highest is $178 (+27.69%).

Price Target: $158.5 (+13.70%)
Analyst Consensus: Buy

Price Target

Chart
TargetLowAverageMedianHigh
Price$140$158.5$157.5$178
Change+0.43%+13.70%+12.98%+27.69%

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

Chart
RatingApr '26May '26Jun '26Jul '26Aug '26Sep '26
Strong Buy666566
Buy233433
Hold121112121212
Sell110000
Strong Sell000000
Total212121212121

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
Mizuho Securities
Mizuho Securities
Buy
Maintains
$155$152
BuyMaintains$155$152+9.04%Sep 2, 2026
Wells Fargo
Wells Fargo
Buy
Maintains
$158$157
BuyMaintains$158$157+12.63%Sep 1, 2026
BMO Capital
BMO Capital
Buy
Upgrades
$160$170
BuyUpgrades$160$170+21.95%Aug 27, 2026
Morgan Stanley
Morgan Stanley
Hold
Reiterates
$155
HoldReiterates$155+11.19%Aug 25, 2026
Bank of America Securities
Bank of America Securities
Hold
Maintains
$160
HoldMaintains$160+14.78%Aug 25, 2026
More Analyst Ratings

Financial Forecast

Revenue This Year
2.97B
from 3.45B
Decreased by -13.84%
Revenue Next Year
3.05B
from 2.97B
Increased by 2.73%
EPS This Year
4.60
from 4.59
Increased by 0.21%
EPS Next Year
4.81
from 4.60
Increased by 4.51%
Fiscal YearFY 2021FY 2022FY 2023FY 2024FY 2025FY 2026
Period EndingDec 31, 2021Dec 31, 2022Dec 31, 2023Dec 31, 2024Dec 31, 2025Dec 31, 2026
Revenue
1.61B1.97B2.62B3.32B3.45B2.97B
Revenue Growth
16.77%22.11%33.04%27.12%3.68%-13.84%
Net Income
827.65M860.69M803.20M854.68M974.00M1.02B
EPS
----4.594.60
EPS Growth
----13.90%0.21%
Dividend / Share
4.506.006.486.486.486.51
Dividend Growth
25.00%33.33%8.00%--0.45%
Free Cash Flow
499.20M713.75M1.12B721.30M1.14B1.23B
FFO
973.97M1.20B1.35B1.68B1.75B1.84B
FFO / Share
---7.577.908.34
P/FFO
---18.4716.1216.72
No. Analysts
-----5
EPS based on non-GAAP adjusted numbers.

Revenue Forecast

Revenue202620272028
High3.0B
Avg3.0B
Low3.0B

Revenue Growth

Revenue Growth202620272028
High
-13.3%
Avg
-13.8%
Low
-14.2%

EPS Forecast

EPS202620272028
High4.78
Avg4.60
Low4.37

EPS Growth

EPS Growth202620272028
High
4.1%
Avg
0.2%
Low
-4.8%