Extra Space Storage Inc. (EXR)
NYSE: EXR · Real-Time Price · USD
148.36
-0.06 (-0.04%)
May 12, 2025, 3:41 PM - Market open
Extra Space Storage Stock Forecast
Stock Price Forecast
The 13 analysts with 12-month price forecasts for Extra Space Storage stock have an average target of 167.85, with a low estimate of 141 and a high estimate of 204. The average target predicts an increase of 13.14% from the current stock price of 148.36.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for Extra Space Storage stock from 13 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 | Dec '24 | Jan '25 | Feb '25 | Mar '25 | Apr '25 | May '25 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 1 | 1 | 1 | 1 | 1 |
| Buy | 3 | 3 | 3 | 3 | 5 | 5 |
| Hold | 7 | 7 | 7 | 7 | 6 | 6 |
| Sell | 2 | 1 | 1 | 1 | 1 | 1 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 14 | 12 | 12 | 12 | 13 | 13 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Scotiabank | Scotiabank | Buy Maintains $149 → $166 | Buy | Maintains | $149 → $166 | +11.89% | May 12, 2025 |
| RBC Capital | RBC Capital | Hold Maintains $163 → $160 | Hold | Maintains | $163 → $160 | +7.85% | May 1, 2025 |
| Evercore ISI Group | Evercore ISI Group | Hold Maintains $144 → $149 | Hold | Maintains | $144 → $149 | +0.43% | May 1, 2025 |
| Scotiabank | Scotiabank | Hold → Buy Upgrades $165 → $149 | Hold → Buy | Upgrades | $165 → $149 | +0.43% | Apr 9, 2025 |
| Mizuho | Mizuho | Buy Initiates $141 | Buy | Initiates | $141 | -4.96% | Apr 9, 2025 |
Financial Forecast
Revenue This Year
3.10B
from 3.34B
Decreased by -7.07%
Revenue Next Year
3.22B
from 3.10B
Increased by 3.64%
EPS This Year
4.48
from 4.03
Increased by 11.28%
EPS Next Year
4.71
from 4.48
Increased by 5.08%
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 | 3.1B |
Revenue Growth
| Revenue Growth | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 5.9% | 19.1% | 20.7% | ||
| Avg | -7.1% | 3.6% | 6.6% | ||
| Low | -17.0% | -9.5% | -3.2% |
EPS Forecast
| EPS | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 5.12 | 5.22 | 5.68 | ||
| Avg | 4.48 | 4.71 | 5.07 | ||
| Low | 4.02 | 4.10 | 4.16 |
EPS Growth
| EPS Growth | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 27.1% | 16.4% | 20.5% | ||
| Avg | 11.3% | 5.1% | 7.5% | ||
| Low | -0.3% | -8.7% | -11.8% |
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.