Extra Space Storage Inc. (EXR)
NYSE: EXR · Real-Time Price · USD
148.99
-3.89 (-2.54%)
Jul 7, 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 8.06% increase in the stock price over the next year. The lowest target is $55 and the highest is $204.
Price Target: $161 (+8.06%)
Analyst Consensus: Buy
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 | Feb '25 | Mar '25 | Apr '25 | May '25 | Jun '25 | Jul '25 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 2 | 2 | 2 |
| Buy | 3 | 3 | 5 | 5 | 5 | 5 |
| Hold | 7 | 7 | 6 | 7 | 7 | 7 |
| Sell | 1 | 1 | 1 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 12 | 12 | 13 | 14 | 14 | 14 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| JP Morgan | JP Morgan | Hold Maintains $160 → $162 | Hold | Maintains | $160 → $162 | +8.73% | Jun 13, 2025 |
| Mizuho | Mizuho | Buy Maintains $141 → $153 | Buy | Maintains | $141 → $153 | +2.69% | May 28, 2025 |
| Barclays | Barclays | Buy Maintains $181 → $178 | Buy | Maintains | $181 → $178 | +19.47% | May 16, 2025 |
| Benchmark | Benchmark | Strong Buy Maintains $61 → $55 | Strong Buy | Maintains | $61 → $55 | -63.08% | May 13, 2025 |
| B of A Securities | B of A Securities | Hold Maintains $155 → $161 | Hold | Maintains | $155 → $161 | +8.06% | May 13, 2025 |
Financial Forecast
Revenue This Year
3.08B
from 3.34B
Decreased by -7.82%
Revenue Next Year
3.18B
from 3.08B
Increased by 3.28%
EPS This Year
4.79
from 4.03
Increased by 18.83%
EPS Next Year
4.85
from 4.79
Increased by 1.35%
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.
Revenue Forecast
| Revenue | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 3.5B | 3.7B | 3.9B | ||
| Avg | 3.1B | 3.2B | 3.4B | ||
| Low | 2.8B | 2.8B | 2.9B |
Revenue Growth
| Revenue Growth | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 6.0% | 20.1% | 22.1% | ||
| Avg | -7.8% | 3.3% | 6.9% | ||
| Low | -16.7% | -7.9% | -7.4% |
EPS Forecast
| EPS | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 5.26 | 5.43 | 5.78 | ||
| Avg | 4.79 | 4.85 | 5.21 | ||
| Low | 4.27 | 4.32 | 4.56 |
EPS Growth
| EPS Growth | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| 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.