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Extra Space Storage (EXR) Stock Forecast & Price Target

Extra Space Storage logo
$142.33 +0.76 (+0.53%)
Closing price 08/28/2025 03:59 PM Eastern
Extended Trading
$142.32 -0.01 (0.00%)
As of 06:32 AM Eastern
Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Polygon.io. Learn more.
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Extra Space Storage - Analysts' Recommendations and Stock Price Forecast (2025)

Consensus Rating

Hold
Based on 16 Analyst Ratings
Sell
0
Hold
9
Buy
7

Based on 16 Wall Street analysts who have issued ratings for Extra Space Storage in the last 12 months, the stock has a consensus rating of "Hold." Out of the 16 analysts, 9 have given a hold rating, and 7 have given a buy rating for EXR.

Consensus Price Target

$153.33
7.73% Upside
According to the 16 analysts' twelve-month price targets for Extra Space Storage, the average price target is $153.33. The highest price target for EXR is $204.00, while the lowest price target for EXR is $55.00. The average price target represents a forecasted upside of 7.73% from the current price of $142.33.
MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
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EXR Analyst Ratings Over Time

TypeCurrent Forecast
8/29/24 to 8/29/25		1 Month Ago
7/30/24 to 7/30/25		3 Months Ago
5/31/24 to 5/31/25		1 Year Ago
8/30/23 to 8/29/24
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
7 Buy rating(s)
7 Buy rating(s)
8 Buy rating(s)
5 Buy rating(s)
Hold
9 Hold rating(s)
8 Hold rating(s)
6 Hold rating(s)
5 Hold rating(s)
Sell
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
2 Sell rating(s)
Consensus Price Target$153.33$157.69$159.38$166.58
Forecasted Upside7.73% Upside5.40% Upside5.63% Upside-5.10% Downside
Consensus Rating
Hold
Hold
Moderate Buy
Hold

EXR Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
Skip Chart & View Analyst Rating History

EXR Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
Skip Chart and View Analyst Price Target HistorySkip Chart & View Price History Table

Extra Space Storage Stock vs. The Competition

TypeExtra Space StorageFinance CompaniesS&P 500
Consensus Rating Score
2.44
2.53
2.53
Consensus RatingHoldModerate BuyModerate Buy
Predicted Upside7.73% Upside17.84% Upside10.25% Upside
News Sentiment Rating
Positive News

See Recent EXR News
Positive News
Positive News
Export to Excel
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
8/28/2025Scotiabank
4 of 5 stars		Nicholas Yulico
Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower TargetSector Outperform ➝ Sector Outperform$166.00 ➝ $162.00+14.27%
8/26/2025Wells Fargo & Company
3 of 5 stars		Eric Luebchow
Subscribe to MarketBeat All Access for the recommendation accuracy rating		UpgradeEqual Weight ➝ Overweight$160.00+14.10%
8/22/2025Citigroup
2 of 5 stars		Smedes Rose
Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower TargetNeutral ➝ Neutral$165.00 ➝ $150.00+4.70%
8/21/2025The Goldman Sachs Group
Subscribe to MarketBeat All Access for the recommendation accuracy rating		Caitlin Burrows
Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated RatingBuy ➝ Neutral$169.00 ➝ $146.00+4.51%
8/19/2025Truist Financial
Subscribe to MarketBeat All Access for the recommendation accuracy rating		Ki Bin
Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower TargetHold ➝ Hold$158.00 ➝ $150.00+7.86%
8/8/2025Barclays
Subscribe to MarketBeat All Access for the recommendation accuracy rating		Brendan Lynch
Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower TargetOverweight ➝ Overweight$178.00 ➝ $169.00+22.18%
8/4/2025Evercore ISI
Subscribe to MarketBeat All Access for the recommendation accuracy rating		Steve Sakwa
Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower TargetIn-Line ➝ In-Line$148.00 ➝ $146.00+4.36%
8/4/2025Royal Bank Of Canada
Subscribe to MarketBeat All Access for the recommendation accuracy rating		Brad Heffern
Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower TargetSector Perform ➝ Sector Perform$160.00 ➝ $148.00+6.20%
6/24/2025BNP Paribas
Subscribe to MarketBeat All Access for the recommendation accuracy rating		L. Herrmann
Subscribe to MarketBeat All Access for the recommendation accuracy rating		UpgradeHold
6/24/2025BNP Paribas Exane
Subscribe to MarketBeat All Access for the recommendation accuracy rating		 Initiated CoverageNeutral$156.00+4.59%
6/13/2025JPMorgan Chase & Co.
Subscribe to MarketBeat All Access for the recommendation accuracy rating		Michael Mueller
Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost TargetNeutral ➝ Neutral$160.00 ➝ $162.00+7.68%
5/28/2025Mizuho
Subscribe to MarketBeat All Access for the recommendation accuracy rating		R. Vaidya
Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost TargetOutperform ➝ Outperform$141.00 ➝ $153.00+3.50%
5/13/2025Bank of America
Subscribe to MarketBeat All Access for the recommendation accuracy rating		Jeffrey Spector
Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost TargetNeutral ➝ Neutral$155.00 ➝ $161.00+10.00%
5/13/2025Benchmark
Subscribe to MarketBeat All Access for the recommendation accuracy rating		Mark Zgutowicz
Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower TargetBuy ➝ Buy$61.00 ➝ $55.00-62.42%
9/18/2024Jefferies Financial Group
Subscribe to MarketBeat All Access for the recommendation accuracy rating		 UpgradeHold ➝ Buy$162.00 ➝ $204.00+13.95%
9/9/2024KeyCorp
Subscribe to MarketBeat All Access for the recommendation accuracy rating		 Boost TargetOverweight ➝ Overweight$172.00 ➝ $178.00+2.55%
7/23/2024Raymond James Financial
Subscribe to MarketBeat All Access for the recommendation accuracy rating		 Boost TargetOutperform ➝ Outperform$160.00 ➝ $175.00+5.41%
1/30/2024Deutsche Bank Aktiengesellschaft
Subscribe to MarketBeat All Access for the recommendation accuracy rating		 Initiated CoverageHold$141.00-4.76%
12/21/2023Morgan Stanley
Subscribe to MarketBeat All Access for the recommendation accuracy rating		 UpgradeUnderweight ➝ Equal Weight$115.00 ➝ $150.00-1.45%
11/8/2023Stifel Nicolaus
Subscribe to MarketBeat All Access for the recommendation accuracy rating		 Lower TargetBuy ➝ Buy$185.00 ➝ $165.00+39.21%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Friday at 06:33 AM ET.


Should I Buy Extra Space Storage Stock? EXR Pros and Cons Explained

These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Sunday, August 24, 2025. Please send any questions or comments about these Extra Space Storage pros and cons to contact@marketbeat.com.

Extra Space Storage
Bull Case

green Wall Street bull icon

Here are some ways that investors could benefit from investing in Extra Space Storage Inc.:

  • The current stock price is around $139, which may present a buying opportunity for investors looking for value in the real estate sector.
  • Extra Space Storage Inc. reported a revenue increase of 3.8% compared to the same quarter last year, indicating strong operational performance and growth potential.
  • The company has a solid market capitalization of approximately $29.53 billion, reflecting its stability and presence in the market.
  • Investment analysts have given the stock an average rating of "Hold," suggesting that it is viewed as a stable investment with potential for moderate returns.
  • Institutional investors and hedge funds own a significant 99.11% of the company's stock, indicating strong confidence from major financial players in the market.

Extra Space Storage
Bear Case

red Wall Street bear icon

Investors should be bearish about investing in Extra Space Storage Inc. for these reasons:

  • The stock has experienced fluctuations, with a 52-week high of $184.87 and a low of $121.03, indicating volatility that may concern risk-averse investors.
  • Recent earnings reports showed a slight miss on EPS estimates, which could signal potential challenges in meeting investor expectations.
  • Several analysts have recently lowered their price targets for the stock, which may reflect a more cautious outlook on its future performance.
  • The company has a relatively high PE ratio of around 30, which may suggest that the stock is overvalued compared to its earnings, potentially deterring value-focused investors.
  • With a current ratio of 0.29, the company may face liquidity challenges, indicating that it might struggle to cover short-term obligations without additional financing.

EXR Forecast - Frequently Asked Questions

According to the research reports of 16 Wall Street equities research analysts, the average twelve-month stock price forecast for Extra Space Storage is $153.33, with a high forecast of $204.00 and a low forecast of $55.00.

16 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Extra Space Storage in the last year. There are currently 9 hold ratings and 7 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" EXR shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in EXR, but not buy additional shares or sell existing shares.

According to analysts, Extra Space Storage's stock has a predicted upside of 7.73% based on their 12-month stock forecasts.

Over the previous 90 days, Extra Space Storage's stock had 2 upgrades by analysts.

Analysts like Extra Space Storage less than other "finance" companies. The consensus rating for Extra Space Storage is Hold while the average consensus rating for "finance" companies is Moderate Buy. Learn more on how EXR compares to other companies.

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This page (NYSE:EXR) was last updated on 8/29/2025 by MarketBeat.com Staff
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