Extra Space Storage Inc. (EXR)
NYSE: EXR · Real-Time Price · USD
129.56
-1.53 (-1.17%)
Dec 5, 2025, 4:00 PM EST - Market closed

Extra Space Storage Stock Forecast

Stock Price Forecast

According to 14 professional analysts, the 12-month price target for Extra Space Storage stock ranges from a low of $55 to a high of $169. The average analyst price target of $146.93 forecasts a 13.41% increase in the stock price over the next year.

Price Target: $146.93 (+13.41%)
Analyst Consensus: Buy
Target Low Average Median High
Price $55 $146.93 $152 $169
Change -57.55% +13.41% +17.32% +30.44%

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 Jul '25Aug '25Sep '25Oct '25Nov '25Dec '25
Strong Buy 223222
Buy 554444
Hold 787778
Sell 000000
Strong Sell 000000
Total 141514131314

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Mizuho
Mizuho
Buy
Maintains
$154$137
Buy Maintains $154$137 +5.74% Dec 5, 2025
Morgan Stanley
Morgan Stanley
Hold
Maintains
$155$152
Hold Maintains $155$152 +17.32% Dec 5, 2025
RBC Capital
RBC Capital
Hold
Maintains
$148$146
Hold Maintains $148$146 +12.69% Nov 7, 2025
Evercore ISI Group
Evercore ISI Group
Hold
Maintains
$149$147
Hold Maintains $149$147 +13.46% Nov 3, 2025
Evercore ISI Group
Evercore ISI Group
Hold
Maintains
$147$149
Hold Maintains $147$149 +15.00% Oct 3, 2025
More Analyst Ratings

Financial Forecast

Revenue This Year
3.07B
from 3.34B
Decreased by -8.18%
Revenue Next Year
3.20B
from 3.07B
Increased by 4.47%
EPS This Year
4.84
from 4.03
Increased by 20.08%
EPS Next Year
4.97
from 4.84
Increased by 2.64%
Fiscal Year FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026
Period Ending Dec 31, 2020 Dec 31, 2021 Dec 31, 2022 Dec 31, 2023 Dec 31, 2024 Dec 31, 2025 Dec 31, 2026
Revenue
1.38B1.61B1.97B2.62B3.34B3.07B3.20B
Revenue Growth
4.46%16.77%22.11%33.04%27.64%-8.18%4.47%
EPS
3.716.196.414.744.034.844.97
EPS Growth
14.67%66.96%3.45%-26.04%-14.97%20.08%2.64%
Forward PE
-----26.7726.08
No. Analysts
-----1111
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 202520262027202820292030
High 3.5B 3.7B
Avg 3.1B 3.2B
Low 2.8B 2.9B

Revenue Growth

Revenue Growth 202520262027202820292030
High
5.8%
21.3%
Avg
-8.2%
4.5%
Low
-15.7%
-6.6%

EPS Forecast

EPS 202520262027202820292030
High 5.17 5.38
Avg 4.84 4.97
Low 4.16 4.55

EPS Growth

EPS Growth 202520262027202820292030
High
28.2%
11.1%
Avg
20.1%
2.6%
Low
3.1%
-6.0%
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.