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Extra Space Storage (EXR) Stock Forecast & Price Target

Extra Space Storage logo
$147.19 +3.35 (+2.33%)
Closing price 09/5/2025 03:59 PM Eastern
Extended Trading
$147.12 -0.07 (-0.05%)
As of 09/5/2025 05:50 PM 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.

Extra Space Storage - Analysts' Recommendations and Stock Price Forecast (2025)

Consensus Rating

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
4.17% 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 4.17% from the current price of $147.19.
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
9/7/24 to 9/7/25
1 Month Ago
8/8/24 to 8/8/25
3 Months Ago
6/9/24 to 6/9/25
1 Year Ago
9/8/23 to 9/7/24
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)
5 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$155.85$159.33$166.58
Forecasted Upside4.17% Upside14.26% Upside5.90% Upside-4.03% Downside
Consensus RatingHoldHoldModerate BuyHold

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.
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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.
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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 Upside4.17% Upside17.10% Upside10.35% Upside
News Sentiment Rating
Very Positive News

See Recent EXR News
Positive News
Positive News
DateBrokerageAnalystActionRatingPrice TargetReport Date
Upside/Downside
Details
8/28/2025Scotiabank
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Nicholas Yulico
Nicholas Yulico
Not Rated
Lower TargetSector Outperform$166.00 ➝ $162.00+14.27%
8/26/2025Wells Fargo & Company
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Eric Luebchow
Eric Luebchow
Not Rated
UpgradeEqual WeightOverweight$160.00+14.10%
8/22/2025Citigroup
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Smedes Rose
Not Rated
Lower TargetNeutral$165.00 ➝ $150.00+4.70%
8/21/2025The Goldman Sachs Group
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Reiterated RatingBuyNeutral$169.00 ➝ $146.00+4.51%
8/19/2025Truist Financial
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Lower TargetHold$158.00 ➝ $150.00+7.86%
8/8/2025Barclays
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Lower TargetOverweight$178.00 ➝ $169.00+22.18%
8/4/2025Evercore ISI
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Lower TargetIn-Line$148.00 ➝ $146.00+4.36%
8/4/2025Royal Bank Of Canada
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Lower TargetSector Perform$160.00 ➝ $148.00+6.20%
6/24/2025BNP Paribas
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UpgradeHold
6/24/2025BNP Paribas Exane
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 Initiated CoverageNeutral$156.00+4.59%
6/13/2025JPMorgan Chase & Co.
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Boost TargetNeutral$160.00 ➝ $162.00+7.68%
5/28/2025Mizuho
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Boost TargetOutperform$141.00 ➝ $153.00+3.50%
5/13/2025Bank of America
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Boost TargetNeutral$155.00 ➝ $161.00+10.00%
5/13/2025Benchmark
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Lower TargetBuy$61.00 ➝ $55.00-62.42%
9/18/2024Jefferies Financial Group
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 UpgradeHoldBuy$162.00 ➝ $204.00+13.95%
9/9/2024KeyCorp
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 Boost TargetOverweight$172.00 ➝ $178.00+2.55%
7/23/2024Raymond James Financial
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 Boost TargetOutperform$160.00 ➝ $175.00+5.41%
1/30/2024Deutsche Bank Aktiengesellschaft
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 Initiated CoverageHold$141.00-4.76%
12/21/2023Morgan Stanley
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 UpgradeUnderweightEqual Weight$115.00 ➝ $150.00-1.45%
11/8/2023Stifel Nicolaus
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 Lower TargetBuy$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 Sunday at 06:57 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 Wednesday, September 3, 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 $143, which may present a buying opportunity for investors looking for value in the real estate sector.
  • Extra Space Storage Inc. has shown consistent revenue growth, with a reported increase of 3.8% year-over-year, indicating strong demand for its services.
  • The company has received positive ratings from several analysts, with a mix of "Buy" and "Hold" ratings, suggesting confidence in its future performance.
  • With a market capitalization of approximately $30 billion, Extra Space Storage Inc. is a significant player in the real estate investment trust (REIT) sector, providing stability and potential for growth.
  • The firm has a solid net margin of around 29.51%, reflecting efficient management and profitability, which can be attractive to investors seeking reliable returns.

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 potential volatility that may concern risk-averse investors.
  • Extra Space Storage Inc. reported earnings per share (EPS) of $2.05, slightly missing analysts' expectations, which could raise concerns about its ability to meet future targets.
  • The company has a relatively high price-to-earnings (P/E) ratio of around 31, which may suggest that the stock is overvalued compared to its earnings, potentially deterring value-focused investors.
  • Insider ownership is low at 1.36%, which may indicate a lack of confidence from executives in the company's future performance.
  • The company has a debt-to-equity ratio of 0.88, which, while manageable, suggests that it relies on debt financing, potentially increasing financial risk in a rising interest rate environment.

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 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 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 4.17% 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.


This page (NYSE:EXR) was last updated on 9/7/2025 by MarketBeat.com Staff
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