EXTRA SPACE STORAGE INC (EXR) Forecast, Price Target & Analyst Ratings

NYSE:EXR • US30225T1025

Current stock price

144.64 USD
-2.31 (-1.57%)
Last:

Analyst forecast overview

View the latest analyst price targets, stock forecast, EPS estimates, revenue projections, revisions, full estimates, rating distribution and upgrades/downgrades for EXTRA SPACE STORAGE INC (EXR).

Forecast Snapshot

Consensus Price Target

Price Target
$156.90
+ 8.48% Upside
→ Price target details

Next Earnings Forecast

Earnings Estimate
Release Date
Apr 28, 2026
Period
Q1 / 2026
EPS Estimate
$1.14
Revenue Estimate
804.3M
→ Full earnings forecast details

ChartMill Buy Consensus

Rating
68.33%
Weighted Analyst Rating Score
→ Analyst Ratings details

Price Target Details & History

Consensus Price Target and Range

Mean target
$156.90
Upside
+ 8.48%
From current price of $144.64 to mean target of $156.90, Based on 24 analyst forecasts
Low
$141.40
Median
$153.00
High
$186.90

Price Target Revisions

1 Month
2.11%
3 Months
1.36%

Price Target Summary

24 Wall Street analysts provided a forecast for the next 12 months for EXR. The average price target is 156.9 USD. This implies a price increase of 8.48% is expected in the next year compared to the current price of 144.64.
The average price target has been revised upward by 1.36% in the past 3 months.
→ Find peer stocks trading 30% below analyst price target

Analyst Ratings & History

Current Analyst Ratings

EXR Current Analyst RatingEXR Current Analyst Buy, Sell and Hold Ratings.Current Analyst Rating Strong Buy Buy Hold Sell Strong Sell 2 4 6 8 10

Analyst Ratings History

EXR Historical Analyst RatingsEXR Historical Analyst Buy, Sell and Hold Ratings and number of analysts.Historical Monthly Analyst Rating -19 -17 -15 -13 -11 -9 -7 -5 -3 -1 5 10 15 20

Analyst Ratings Consensus

ChartMill Buy Consensus
68.33%
EXR was analyzed by 24 analysts. The buy percentage consensus is at 68. So analysts seem to be have mildly positive about EXR.
In the previous month the buy percentage consensus was at a similar level.
EXR was analyzed by 24 analysts, which should be a sufficient number of analysts to have a meaningful average consensus rating.
→ Find peer stocks with a buy consensus above 85%

Recent Upgrades & Downgrades

DateFirmActionFrom → To
2026-04-16Wells FargoMaintains Overweight -> Overweight
2026-03-23JP MorganMaintains Neutral -> Neutral
2026-03-05BarclaysMaintains Overweight -> Overweight
2026-03-02ScotiaBankMaintains Sector Perform -> Sector Perform
2026-02-23RBC CapitalMaintains Sector Perform -> Sector Perform
2026-02-23Evercore ISI GroupMaintains In-Line -> In-Line
2026-02-05Wells FargoMaintains Overweight -> Overweight
2026-01-20Truist SecuritiesMaintains Hold -> Hold
2026-01-12MizuhoMaintains Outperform -> Outperform
2026-01-08ScotiaBankDowngrade Sector Outperform -> Sector Perform
2026-01-08UBSMaintains Buy -> Buy
2025-12-16Truist SecuritiesMaintains Hold -> Hold
2025-12-05MizuhoMaintains Outperform -> Outperform
2025-12-05Morgan StanleyMaintains Equal-Weight -> Equal-Weight
2025-11-07RBC CapitalMaintains Sector Perform -> Sector Perform
2025-11-03Evercore ISI GroupMaintains In-Line -> In-Line
2025-10-03Evercore ISI GroupMaintains In-Line -> In-Line
2025-09-16UBSMaintains Buy -> Buy
2025-09-15Evercore ISI GroupMaintains In-Line -> In-Line
2025-08-28ScotiaBankMaintains Sector Outperform -> Sector Outperform
2025-08-26Wells FargoUpgrade Equal-Weight -> Overweight
2025-08-22CitigroupMaintains Neutral -> Neutral
2025-08-21Goldman SachsDowngrade Buy -> Neutral
2025-08-19Truist SecuritiesMaintains Hold -> Hold
2025-08-08BarclaysMaintains Overweight -> Overweight

Next Earnings Forecast Details

Next Earnings Details

Release Date
Apr 28, 2026
Period
Q1 / 2026
EPS Estimate
$1.14
Revenue Estimate
804.3M
Revenue Q2Q
14.19%
EPS Q2Q
-11.17%
Number of Analysts
8

Next Earnings Revisions

Revenue (1 Month)
0.35%
Revenue (3 Months)
-0.34%
EPS (1 Month)
-0.20%
EPS (3 Months)
-2.79%

Next Earnings Summary

EXR is expected to report earnings on 4/28/2026. The consensus EPS estimate for the next earnings is 1.14 USD and the consensus revenue estimate is 804.30M USD.
The next earnings revenue estimate has been revised downward by 0.34% in the past 3 months.
→ Find peers expecting at least 20% revenue growth next quarter

Full Analyst Estimates 2026 - 2033

Yearly Earnings Per Share (EPS), Revenue, EBIT, EBITDA and Operating Margin Analyst Estimates

2023 2024 2025 2026 2027 2028 2029 2030 2031 2032 2033
Revenue
YoY % growth
EXR revenue by date.EXR revenue by date.
2.56B
33.05%		3.257B
27.21%		3.378B
3.70%		3.224B
-4.55%		3.341B
3.63%		3.435B
2.81%		3.441B
0.17%		3.603B
4.71%		N/AN/AN/A
EBITDA
YoY % growth
EXR ebitda by date.EXR ebitda by date.
1.743B
31.44%		2.184B
25.31%		2.204B
0.92%		2.445B
10.93%		2.513B
2.78%		2.56B
1.87%		2.812B
9.84%		2.951B
4.94%		3.093B
4.81%		3.243B
4.85%		3.381B
4.26%
EBIT
YoY % growth
EXR ebit by date.EXR ebit by date.
1.237B
19.19%		1.401B
13.27%		1.489B
6.28%		1.614B
8.39%		1.678B
3.97%		1.764B
5.13%		1.497B
-15.14%		1.568B
4.74%		N/AN/AN/A
Operating Margin
EXR operating margin by date.EXR operating margin by date.
48.31%43.02%44.09%50.06%50.22%51.35%43.50%43.52%N/AN/AN/A
EPS
YoY % growth
EXR eps by date.EXR eps by date.
4.94
-21.84%		4.35
-11.94%		4.60
5.75%		4.72
2.68%		4.95
4.78%		5.33
7.76%		5.68
6.53%		6.07
6.76%		6.99
15.24%		7.53
7.80%		7.96
5.63%

All data in USD

Quarterly Earnings Per Share (EPS), Revenue, EBIT and EBITDA Analyst Estimates

Q1 / 26 Q2 / 26 Q3 / 26 Q4 / 26 Q1 / 27 Q2 / 27 Q3 / 27 Q4 / 27 Q1 / 28 Q2 / 28 Q3 / 28 Q4 / 28
EPS
Q2Q % growth		1.14
-11.17%		1.19
0.51%		1.22
56.49%		1.19
-12.47%		1.18
3.64%		1.25
5.31%		1.32
7.84%		1.26
5.49%		1.25
6.29%		1.36
9.16%		1.45
10.49%		1.42
13.41%
Revenue
Q2Q % growth		804.3M
14.19%		818.99M
13.59%		832.7M
13.20%		827.85M
12.75%		827.9M
2.93%		847.76M
3.51%		864.06M
3.77%		853.61M
3.11%		690.68M
-16.57%		708.24M
-16.46%		725.42M
-16.05%		724.82M
-15.09%
EBITDA
Q2Q % growth		594.89M
11.54%		608.9M
-16.87%		618.42M
-32.73%		611.23M
-44.03%		604.96M
1.69%		621.98M
2.15%		636.75M
2.96%		623.2M
1.96%		631.55M
4.40%		651.2M
4.70%		666.36M
4.65%		656.84M
5.40%
EBIT
Q2Q % growth		427.36M
21.08%		442.44M
18.04%		453.15M
17.93%		443.91M
17.76%		417.92M
-2.21%		438.09M
-0.98%		458.52M
1.19%		436.34M
-1.71%		452.1M
8.18%		475.28M
8.49%		497.48M
8.50%		484.5M
11.04%

All data in USD

Yearly Earnings Per Share (EPS) and Revenue Trends vs Historical Data

EXR Yearly Revenue VS EstimatesEXR Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 1B 2B 3B
EXR Yearly EPS VS EstimatesEXR Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2017 2019 2021 2023 2025 2027 2029 2031 2033 2 4 6

Long Term Forward Growth Forecast Summary

Long Term EPS Growth (CAGR)

EPS Next 3 Year
5.05%
EPS Next 5 Year
5.69%

Long Term Revenue Growth (CAGR)

Revenue Next 3 Year
4.36%
Revenue Next 5 Year
3.58%

Long Term EBIT Growth (CAGR)

EBIT Next 3 Year
17.65%
EBIT Next 5 Year
13.42%
→ Find peers expecting at least 20% CAGR revenue growth over the next 3 years

EXTRA SPACE STORAGE INC / EXR Forecast FAQ

Can you provide the average price target for EXTRA SPACE STORAGE INC stock?

24 analysts have analysed EXR and the average price target is 156.9 USD. This implies a price increase of 8.48% is expected in the next year compared to the current price of 144.64.

When does EXTRA SPACE STORAGE INC (EXR) report earnings?

EXTRA SPACE STORAGE INC (EXR) will report earnings on 2026-04-28, after the market close.

What are the consensus estimates for EXTRA SPACE STORAGE INC (EXR) next earnings?

The consensus EPS estimate for the next earnings of EXTRA SPACE STORAGE INC (EXR) is 1.14 USD and the consensus revenue estimate is 804.30M USD.

Can you provide the consensus rating for EXTRA SPACE STORAGE INC stock?

The consensus rating for EXTRA SPACE STORAGE INC (EXR) is 68.3333 / 100 . This indicates that analysts generally have a neutral outlook on the stock.