Extra Space Storage Inc. (EXR)
NYSE: EXR · Real-Time Price · USD
144.67
-3.06 (-2.07%)
At close: Jul 8, 2026, 4:00 PM EDT
143.99
-0.68 (-0.47%)
After-hours: Jul 8, 2026, 7:19 PM EDT

Extra Space Storage Stock Forecast

Stock Price Forecast

According to 20 analysts polled by S&P Global, Extra Space Storage stock has a consensus rating of "Buy" and an average price target of $156.53. The average 1-year stock price forecast is 8.20% higher than the current stock price, while the lowest is $140 (-3.23%) and the highest is $178 (+23.04%).

Price Target: $156.53 (+8.20%)
Analyst Consensus: Buy
TargetLowAverageMedianHigh
Price$140$156.53$156$178
Change-3.23%+8.20%+7.83%+23.04%

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 '26Mar '26Apr '26May '26Jun '26Jul '26
Strong Buy666665
Buy232333
Hold121112111212
Sell111100
Strong Sell000000
Total212121212120

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
Evercore ISI
Evercore ISI
Hold
Maintains
$151$149
HoldMaintains$151$149+2.99%Jul 6, 2026
Truist Financial
Truist Financial
Hold
Maintains
$148
HoldMaintains$148+2.30%Jun 23, 2026
J.P. Morgan
J.P. Morgan
Hold
Maintains
$144$157
HoldMaintains$144$157+8.52%Jun 16, 2026
Bank of America Securities
Bank of America Securities
Hold
Upgrades
$147$156
HoldUpgrades$147$156+7.83%Jun 16, 2026
BMO Capital
BMO Capital
Hold
Maintains
$150$160
HoldMaintains$150$160+10.60%Jun 15, 2026
More Analyst Ratings

Financial Forecast

Revenue This Year
2.97B
from 3.45B
Decreased by -13.94%
Revenue Next Year
3.05B
from 2.97B
Increased by 2.98%
EPS This Year
4.53
from 4.59
Decreased by -1.29%
EPS Next Year
4.74
from 4.53
Increased by 4.70%
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%-13.94%
Net Income
827.65M860.69M803.20M854.68M974.00M1.00B
EPS
----4.594.53
EPS Growth
----13.90%-1.29%
Dividend / Share
4.506.006.486.486.486.56
Dividend Growth
-33.33%8.00%--1.20%
Free Cash Flow
499.20M713.75M1.12B721.30M1.14B1.23B
FFO
973.97M1.20B1.35B1.68B1.75B1.82B
FFO / Share
---7.577.908.27
P/FFO
---18.4716.1217.49
No. Analysts
-----6
EPS based on non-GAAP adjusted numbers.

Revenue Forecast

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

Revenue Growth

Revenue Growth202620272028
High
-13.4%
Avg
-13.9%
Low
-14.2%

EPS Forecast

EPS202620272028
High4.68
Avg4.53
Low4.37

EPS Growth

EPS Growth202620272028
High
1.9%
Avg
-1.3%
Low
-4.8%