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Extra Space Storage (EXR) Stock Forecast & Price Target

Extra Space Storage logo
$141.38 +0.44 (+0.31%)
As of 12:04 PM Eastern
This is a fair market value price provided by Polygon.io. Learn more.

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

Consensus Rating

Sell
0
Hold
9
Buy
6

Based on 15 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 15 analysts, 9 have given a hold rating, and 6 have given a buy rating for EXR.

Consensus Price Target

$148.50
5.04% Upside
According to the 15 analysts' twelve-month price targets for Extra Space Storage, the average price target is $148.50. The highest price target for EXR is $169.00, while the lowest price target for EXR is $55.00. The average price target represents a forecasted upside of 5.04% from the current price of $141.38.
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
10/1/24 to 10/1/25
1 Month Ago
9/1/24 to 9/1/25
3 Months Ago
7/3/24 to 7/3/25
1 Year Ago
10/2/23 to 10/1/24
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
6 Buy rating(s)
7 Buy rating(s)
8 Buy rating(s)
7 Buy rating(s)
Hold
9 Hold rating(s)
9 Hold rating(s)
8 Hold rating(s)
6 Hold rating(s)
Sell
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
2 Sell rating(s)
Consensus Price Target$148.50$153.33$159.29$170.93
Forecasted Upside5.04% Upside6.68% Upside4.27% Upside-4.14% 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
2.40
2.52
2.53
Consensus RatingHoldModerate BuyModerate Buy
Predicted Upside5.42% Upside20.90% Upside11.24% Upside
News Sentiment Rating
Positive News

See Recent EXR News
Positive News
Positive News
DateBrokerageAnalystActionRatingPrice TargetReport Date
Upside/Downside
Details
9/16/2025UBS Group
4 of 5 stars
Lower TargetBuy$169.00 ➝ $160.00+11.19%
9/15/2025Evercore ISI
3 of 5 stars
Steve Sakwa
Steve Sakwa
Not Rated
Boost TargetIn-Line$146.00 ➝ $147.00+1.43%
8/28/2025Scotiabank
4 of 5 stars
Nicholas Yulico
Nicholas Yulico
Not Rated
Lower TargetSector Outperform$166.00 ➝ $162.00+14.27%
8/26/2025Wells Fargo & Company
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UpgradeEqual WeightOverweight$160.00+14.10%
8/22/2025Citigroup
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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%
8/4/2025Royal 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 Wednesday at 12:04 PM 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 Tuesday, September 30, 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, reflecting a stable market position and potential for growth.
  • Extra Space Storage Inc. reported a revenue increase of 3.8% compared to the same quarter last year, indicating strong operational performance.
  • The company has a solid net margin of approximately 29.51%, showcasing effective cost management and profitability.
  • Institutional investors hold a significant majority of the stock, with 99.11% ownership, suggesting confidence in the company's future prospects.
  • Analysts expect the company to post earnings per share of 8.1 for the current fiscal year, indicating positive growth expectations.

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.
  • Extra Space Storage Inc. missed its earnings per share estimate by $0.01 in the latest quarter, which may raise concerns about its ability to meet market expectations.
  • The company has a relatively high price-to-earnings ratio of around 31, which could suggest that the stock is overvalued compared to its earnings.
  • With a debt-to-equity ratio of 0.88, there may be concerns regarding the company's leverage and financial stability.
  • Recent changes in institutional holdings, while generally positive, may indicate a lack of consensus among investors about the company's future direction.

EXR Forecast - Frequently Asked Questions

According to the research reports of 15 Wall Street equities research analysts, the average twelve-month stock price forecast for Extra Space Storage is $148.50, with a high forecast of $169.00 and a low forecast of $55.00.

15 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 6 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 5.04% based on their 12-month stock forecasts.

Over the previous 90 days, Extra Space Storage's stock had 1 upgrade by analysts.

Extra Space Storage has been rated by research analysts at Barclays, Citigroup, Evercore ISI, Royal Bank Of Canada, Scotiabank, The Goldman Sachs Group, Truist Financial, UBS Group, and Wells Fargo & Company in the past 90 days.

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 10/1/2025 by MarketBeat.com Staff
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