Extra Space Storage Inc. (EXR)
NYSE: EXR · Real-Time Price · USD
133.25
+0.17 (0.13%)
At close: Oct 2, 2026, 4:00 PM EDT
133.15
-0.10 (-0.08%)
Pre-market: Oct 5, 2026, 7:00 AM 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 18.95% higher than the current stock price, while the lowest is $140 (+5.07%) and the highest is $178 (+33.58%).

Price Target: $158.5 (+18.95%)
Analyst Consensus: Buy

Price Target

Chart
TargetLowAverageMedianHigh
Price$140$158.5$157.5$178
Change+5.07%+18.95%+18.20%+33.58%

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
Buy233434
Hold121112121211
Sell110000
Strong Sell000000
Total212121212121

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
Truist Financial
Truist Financial
Buy
Upgrades
$148 → $147
BuyUpgrades$148 → $147+10.32%Oct 1, 2026
Evercore ISI
Evercore ISI
Hold
Maintains
$152 → $146
HoldMaintains$152 → $146+9.57%Sep 21, 2026
J.P. Morgan
J.P. Morgan
Hold
Reiterates
$157 → $153
HoldReiterates$157 → $153+14.82%Sep 21, 2026
Morgan Stanley
Morgan Stanley
Hold
Reiterates
$155
HoldReiterates$155+16.32%Sep 16, 2026
Mizuho Securities
Mizuho Securities
Buy
Maintains
$155 → $152
BuyMaintains$155 → $152+14.07%Sep 2, 2026
More Analyst Ratings

Financial Forecast

Revenue This Year
2.98B
from 3.45B
Decreased by -13.62%
Revenue Next Year
3.06B
from 2.98B
Increased by 2.82%
EPS This Year
4.66
from 4.59
Increased by 1.60%
EPS Next Year
4.85
from 4.66
Increased by 4.04%
Fiscal YearFY 2021FY 2022FY 2023FY 2024FY 2025FY 2026
Period EndingDec 31, 2021Dec 31, 2022Dec 31, 2023Dec 31, 2024Dec 31, 2025Dec 31, 2026
Revenue
1.61B1.97B2.62B3.32B3.45B2.98B
Revenue Growth
16.77%22.11%33.04%27.12%3.68%-13.62%
Net Income
827.65M860.69M803.20M854.68M974.00M1.02B
EPS
----4.594.66
EPS Growth
----13.90%1.60%
Dividend / Share
4.506.006.486.486.486.52
Dividend Growth
25.00%33.33%8.00%--0.60%
Free Cash Flow
-----1.23B
FFO
973.97M1.20B1.35B1.68B1.75B1.85B
FFO / Share
-8.387.567.577.908.37
P/FFO
-14.9018.8118.2515.9315.92
No. Analysts
-----5
EPS based on non-GAAP adjusted numbers.

Revenue Forecast

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

Revenue Growth

Revenue Growth202620272028
High
-13.2%
Avg
-13.6%
Low
-14.0%

EPS Forecast

EPS202620272028
High4.78
Avg4.66
Low4.53

EPS Growth

EPS Growth202620272028
High
4.1%
Avg
1.6%
Low
-1.3%