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Extra Space Storage (EXR) Stock Forecast & Price Target

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$139.30 +4.94 (+3.68%)
Closing price 08/1/2025 03:59 PM Eastern
Extended Trading
$141.74 +2.44 (+1.75%)
As of 08/1/2025 07:11 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)

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.

Consensus Rating

Sell
0
Hold
8
Buy
7

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, 8 have given a hold rating, and 7 have given a buy rating for EXR.

Consensus Price Target

$157.69
13.20% Upside
According to the 15 analysts' twelve-month price targets for Extra Space Storage, the average price target is $157.69. 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 13.20% from the current price of $139.30.
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EXR Analyst Ratings Over Time

TypeCurrent Forecast
8/3/24 to 8/3/25
1 Month Ago
7/4/24 to 7/4/25
3 Months Ago
5/5/24 to 5/5/25
1 Year Ago
8/4/23 to 8/3/24
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
1 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
7 Buy rating(s)
8 Buy rating(s)
6 Buy rating(s)
5 Buy rating(s)
Hold
8 Hold rating(s)
8 Hold rating(s)
5 Hold rating(s)
6 Hold rating(s)
Sell
0 Sell rating(s)
0 Sell rating(s)
1 Sell rating(s)
1 Sell rating(s)
Consensus Price Target$157.69$159.29$165.42$157.67
Forecasted Upside13.20% Upside4.27% Upside10.71% Upside-4.42% Downside
Consensus Rating
Hold
Moderate Buy
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.
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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
2.47
2.54
2.53
Consensus RatingHoldModerate BuyModerate Buy
Predicted Upside13.20% Upside25.78% Upside14.55% Upside
News Sentiment Rating
Positive News

See Recent EXR News
Positive News
Positive News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
7/23/2025Wells Fargo & Company
3 of 5 stars
Eric Luebchow
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Lower TargetEqual Weight ➝ Equal Weight$165.00 ➝ $160.00+5.64%
6/24/2025BNP Paribas
4 of 5 stars
L. Herrmann
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UpgradeHold
6/24/2025BNP Paribas Exane
0 of 5 stars
 Initiated CoverageNeutral$156.00+4.59%
6/13/2025JPMorgan Chase & Co.
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Michael Mueller
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Boost TargetNeutral ➝ Neutral$160.00 ➝ $162.00+7.68%
5/28/2025Mizuho
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R. Vaidya
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Boost TargetOutperform ➝ Outperform$141.00 ➝ $153.00+3.50%
5/16/2025Barclays
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Brendan Lynch
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Lower TargetOverweight ➝ Overweight$181.00 ➝ $178.00+19.16%
5/13/2025Bank of America
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Jeffrey Spector
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Boost TargetNeutral ➝ Neutral$155.00 ➝ $161.00+10.00%
5/13/2025Benchmark
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Mark Zgutowicz
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Lower TargetBuy ➝ Buy$61.00 ➝ $55.00-62.42%
5/12/2025Scotiabank
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N. Yulico
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Boost TargetSector Outperform ➝ Sector Outperform$149.00 ➝ $166.00+12.11%
5/1/2025Royal Bank Of Canada
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Brad Heffern
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Lower TargetSector Perform ➝ Sector Perform$163.00 ➝ $160.00+7.88%
5/1/2025Evercore ISI
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Steve Sakwa
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Boost TargetIn-Line ➝ In-Line$144.00 ➝ $149.00+0.76%
3/6/2025The Goldman Sachs Group
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 Reiterated RatingBuy ➝ Buy
12/5/2024Truist Financial
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 Boost TargetHold ➝ Hold$167.00 ➝ $168.00+2.79%
9/18/2024Jefferies Financial Group
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 UpgradeHold ➝ Buy$162.00 ➝ $204.00+13.95%
9/9/2024KeyCorp
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 Boost TargetOverweight ➝ Overweight$172.00 ➝ $178.00+2.55%
7/23/2024Raymond James Financial
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 Boost TargetOutperform ➝ Outperform$160.00 ➝ $175.00+5.41%
6/7/2024Citigroup
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 Lower TargetNeutral ➝ Neutral$168.00 ➝ $160.00+7.75%
1/30/2024Deutsche Bank Aktiengesellschaft
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 Initiated CoverageHold$141.00-4.76%
12/21/2023Morgan Stanley
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 UpgradeUnderweight ➝ Equal Weight$115.00 ➝ $150.00-1.45%
11/8/2023Stifel Nicolaus
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 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 Sunday at 04:28 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 Saturday, August 2, 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 $134, which may present a buying opportunity for investors looking for value in the real estate sector.
  • Extra Space Storage Inc. has shown strong revenue growth, with a recent quarterly revenue increase of 3.8% year-over-year, indicating a solid demand for its services.
  • The company has a significant market capitalization of approximately $28.55 billion, reflecting its stability and established presence in the market.
  • Institutional investors own a substantial 99.11% of the company's stock, suggesting strong confidence from major financial entities in the company's future performance.
  • Extra Space Storage Inc. has a relatively low debt-to-equity ratio of 0.85, indicating a manageable level of debt compared to its equity, which can be a positive sign for financial health.

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 volatility, with a recent decline of about 9.9%, which may raise concerns about its short-term performance.
  • Extra Space Storage Inc. reported earnings per share of $2.05, slightly missing the consensus estimate, which could indicate potential challenges in meeting investor expectations.
  • The company has a current ratio of 0.33, suggesting potential liquidity issues, as it may struggle to cover short-term liabilities with its current assets.
  • Despite its growth, the price-to-earnings ratio of 29.19 indicates that the stock may be overvalued compared to its earnings, which could deter value-focused investors.
  • Insider selling activity, such as the CEO selling 7,500 shares, may raise red flags for some investors regarding the company's future outlook.

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 $157.69, with a high forecast of $204.00 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 8 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 13.20% 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 Bank of America, Barclays, Benchmark, BNP Paribas, BNP Paribas Exane, JPMorgan Chase & Co., Mizuho, Scotiabank, 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 8/3/2025 by MarketBeat.com Staff
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