
EXR Stock Forecast & Price Target
EXR Analyst Ratings
Bulls say
Extra Space Storage's operational strategy includes layering in more fixed-rate debt, which may contribute to financial stability over time. The company is experiencing enhanced occupancy trends and strong rent growth, alongside existing customer rate increases, indicating potential upside in near-term growth trends. Moreover, management believes that the evolving dynamics of external customer rental indexes may provide greater sustainability to net operating income than previously anticipated.
Bears say
Extra Space Storage faces fundamental challenges, notably a slowdown in self-storage demand, as indicated by recent pricing surveys reflecting weakened market fundamentals. Additionally, the company anticipates an effective drag of over 20 basis points from rent moratoriums, signaling a potential opportunity cost that could hinder revenue growth. Furthermore, the adjustments to its Funds from Operations (FFO) estimates for both 2025 and 2026 reflect a downward trend, indicating deteriorating financial performance expectations with revised estimates of $8.18 per share and $8.42 per share, respectively.
This aggregate rating is based on analysts' research of Extra Space Storage and is not a guaranteed prediction by Public.com or investment advice.
EXR Analyst Forecast & Price Prediction
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