Public Storage Stock Forecast

Stock Price Forecast

The 12 analysts with 12-month price forecasts for Public Storage stock have an average target of 348.33, with a low estimate of 315 and a high estimate of 422. The average target predicts an increase of 14.51% from the current stock price of 304.19.

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$315	$348.33	$340	$422
Change	+3.55%	+14.51%	+11.77%	+38.73%

* Price targets were last updated on Jan 13, 2025.

Analyst Ratings

The average analyst rating for Public Storage stock from 12 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating	Sep '24	Oct '24	Nov '24	Dec '24	Jan '25	Feb '25
Strong Buy	4	4	4	4	3	3
Buy	3	3	3	3	3	3
Hold	6	6	6	6	6	6
Sell	0	0	0	0	0	0
Strong Sell	1	1	1	1	1	0
Total	14	14	14	14	13	12

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Brendan Lynch Barclays	Barclays	Buy Maintains $380 → $361	Buy	Maintains	$380 → $361	+18.68%	Jan 13, 2025
Ki Bin Kim Truist Securities	Truist Securities	Hold Maintains $306 → $340	Hold	Maintains	$306 → $340	+11.77%	Dec 5, 2024
Brendan Lynch Barclays	Barclays	Buy Maintains $381 → $380	Buy	Maintains	$381 → $380	+24.92%	Nov 12, 2024
Brad Heffern RBC Capital	RBC Capital	Hold Maintains $358 → $344	Hold	Maintains	$358 → $344	+13.09%	Nov 8, 2024
Eric Luebchow Wells Fargo	Wells Fargo	Buy Maintains $375 → $365	Buy	Maintains	$375 → $365	+19.99%	Nov 5, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

4.70B

Revenue Next Year

4.83B

from 4.70B

2.94%

from 4.70B

EPS This Year

10.25

from 11.06

-7.34%

from 11.06

EPS Next Year

10.67

from 10.25

4.12%

from 10.25

Fiscal Year	FY 2019	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Dec 31, 2019	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026
Revenue	-	-	-	-	-	4.70B	4.83B	5.08B
Revenue Growth	3.52%	2.42%	21.78%	16.23%	7.21%	-	2.94%	5.11%
EPS	7.29	6.29	9.87	23.50	11.06	10.25	10.67	11.25
EPS Growth	-14.64%	-13.72%	56.92%	138.10%	-52.94%	-7.34%	4.12%	5.41%
Forward PE	-	-	-	-	-	29.68	28.51	27.04
No. Analysts	-	-	-	-	-	11	11	10

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2024	2025	2026
High	5.0B	5.2B	5.5B
Avg	4.7B	4.8B	5.1B
Low	4.3B	4.3B	4.4B

Revenue Growth

Revenue Growth	2024	2025	2026
High	-	10.2%	14.4%
Avg	-	2.9%	5.1%
Low	-	-7.7%	-9.1%

EPS Forecast

EPS	2024	2025	2026
High	11.50	11.76	12.31
Avg	10.25	10.67	11.25
Low	9.79	10.09	10.08

EPS Growth

EPS Growth	2024	2025	2026
High	4.0%	14.7%	15.3%
Avg	-7.3%	4.1%	5.4%
Low	-11.5%	-1.5%	-5.5%

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.