Extra Space Storage Inc. — Wall Street Analyst Estimates & Price Targets

EXR

NYSEReal EstateREIT - IndustrialCIK 0001289490extraspace.comAbout EXR

Last close · Oct 16, 2026139.61+1.92 (+1.39%)

Market cap$29.5B

8 firms' latest targets, last 90 days: median $154.50 ($146.00–$170.00), 11% above the last close.

Price and published targets

daily close, 12 months · each dot a target, a firm's latest darker

Each firm's latest target

last 90 days · 8 firms

Date	Firm	Target	Previous	Change	Vs price then	Vs price now
2026-10-16	UBS	$152.00	$163.00	▼ 7%	+10%	+9%
2026-10-01	Truist	$147.00	$148.00	▼ 1%	+10%	+5%
2026-09-21	Evercore ISI	$146.00	—	—	+6%	+5%
2026-09-02	Mizuho Securities	$152.00	$155.00	▼ 2%	+8%	+9%
2026-09-01	Wells Fargo	$157.00	$158.00	▼ 1%	+11%	+12%
2026-08-27	BMO Capital	$170.00	$160.00	▲ 6%	+18%	+22%
2026-08-18	Scotiabank	$158.00	$145.00	▲ 9%	+6%	+13%
2026-07-30	Goldman Sachs	$160.00	—	—	+8%	+15%

Consensus estimates

revenue and EPS by fiscal year · reported years marked

FY	Revenue	YoY	EPS	YoY	Revenue range	EPS range	Analysts
2023reported	$102.0M	+22%	$4.74	-26%	est. $2.4B-96%	est. $4.90	8
2024reported	$120.9M	+19%	$4.03	-15%	est. $3.3B-96%	est. $3.93	5
2025reported	$129.5M	+7%	$4.59	+14%	est. $3.4B-96%	est. $4.41	5
2026	$3.5B	+2609%	$4.66	+6%	$3.5B–$3.5B	$4.60–$4.70	4
2027	$3.6B	+3%	$4.87	+4%	$3.6B–$3.7B	$4.80–$4.92	4
2028	$3.7B	+3%	$5.16	+6%	$3.7B–$3.8B	$4.90–$5.45	2
2029	$3.9B	+5%	$5.47	+6%	$3.9B–$4.0B	$5.41–$5.55	1
2030	$4.3B	+11%	$5.47	+0%	$4.3B–$4.4B	$5.41–$5.55	1

A reported year shows the company's figures, with the consensus beside it (revenue against it in %). Reported EPS is GAAP diluted; the analysts' EPS usually leaves items such as stock compensation out, so the two are not like for like. Faded: a year the valuation models do not read — they read the first 3, and a later one only while 10 or more analysts cover every year up to it — or one under 5 analysts.

The analysts at a glance

$154.50median target, 11% above the last close

Firms with a target · last 90 days: 8
Lowest – highest target: $146.00 – $170.00
Current grades of 12 firms: positive / neutral / negative: 6 / 6 / 0
Upgrades / downgrades · 12 months: 3 / 1
Consensus revenue growth · next 3 FY: +206% a year

Current grades

each firm's latest · 12 firms

As of	Firm	Grade
2026-10-02	Truist	“Buy”
2026-09-21	J.P. Morgan	“Neutral”
2026-09-21	Evercore ISI	“In Line”
2026-09-02	Mizuho	“Outperform”
2026-09-01	Wells Fargo	“Overweight”
2026-08-27	BMO Capital	“Outperform”
2026-08-18	Scotiabank	“Sector Perform”
2026-07-30	RBC Capital	“Sector Perform”
2026-07-10	UBS	“Buy”
2026-07-10	Barclays	“Overweight”
2026-06-16	Bank of America	“Neutral”
2025-12-05	Morgan Stanley	“Equal Weight”

Grade changes

last 24 months · 9

Date	Firm	Grade
2026-10-02	Truist	“Hold” → “Buy” upgrade
2026-08-27	BMO Capital	“Market Perform” → “Outperform” upgrade
2026-06-16	Bank of America	“Underperform” → “Neutral” upgrade
2026-01-08	Scotiabank	“Sector Outperform” → “Sector Perform” downgrade
2025-08-26	Wells Fargo	“Equal Weight” → “Overweight” upgrade
2025-08-21	Goldman Sachs	“Buy” → “Neutral” downgrade
2025-04-09	Scotiabank	“Sector Perform” → “Sector Outperform” upgrade
2025-01-10	Scotiabank	“Sector Underperform” → “Sector Perform” upgrade
2024-10-21	Wells Fargo	“Overweight” → “Equal Weight” downgrade

51 older than 24 months

2024-09-18	Jefferies	“Hold” → “Buy” upgrade
2024-08-05	Bank of America	“Neutral” → “Underperform” downgrade
2024-03-28	Raymond James	“Strong Buy” → “Outperform” downgrade
2023-12-21	Morgan Stanley	“Underweight” → “Equal Weight” upgrade
2023-12-12	Wells Fargo	“Underweight” → “Overweight” upgrade
2023-10-30	Bank of America	“Buy” → “Neutral” downgrade
2023-06-12	Evercore ISI	“Underperform” → “In Line” upgrade
2023-04-04	Raymond James	“Outperform” → “Strong Buy” upgrade
2023-01-18	Wolfe Research	“Outperform” → “Peer Perform” downgrade
2023-01-17	Truist	“Buy” → “Hold” downgrade
2023-01-09	Raymond James	“Market Perform” → “Outperform” upgrade
2022-12-16	J.P. Morgan	“Overweight” → “Neutral” downgrade
2022-11-21	Evercore ISI	“In Line” → “Underperform” downgrade
2022-06-22	J.P. Morgan	“Neutral” → “Overweight” upgrade
2022-01-10	Jefferies	“Buy” → “Hold” downgrade
2021-12-20	J.P. Morgan	“Overweight” → “Neutral” downgrade
2021-08-10	Raymond James	“Outperform” → “Market Perform” downgrade
2021-05-14	BMO Capital	“Outperform” → “Market Perform” downgrade
2021-03-02	BMO Capital	“Market Perform” → “Outperform” upgrade
2021-02-04	Raymond James	“Market Perform” → “Outperform” upgrade
2021-01-22	Truist	“Hold” → “Buy” upgrade
2020-12-21	J.P. Morgan	“Neutral” → “Overweight” upgrade
2020-11-13	KeyBanc	“Sector Weight” → “Overweight” upgrade
2020-10-13	Jefferies	“Hold” → “Buy” upgrade
2020-10-06	Raymond James	“Underperform” → “Market Perform” upgrade
2020-09-01	Keybanc	“Underweight” → “Sector Weight” upgrade
2020-06-15	Evercore ISI	“Underperform” → “In Line” upgrade
2020-04-17	KeyBanc	“Sector Weight” → “Underweight” downgrade
2020-04-08	Raymond James	“Market Perform” → “Underperform” downgrade
2020-04-07	Citigroup	“Neutral” → “Buy” upgrade
2019-09-16	Morgan Stanley	“Equal Weight” → “Underweight” downgrade
2019-03-21	Raymond James	“Outperform” → “Market Perform” downgrade
2018-07-18	Baird	“Outperform” → “Neutral” downgrade
2018-05-08	Bank of America	“Neutral” → “Buy” upgrade
2017-09-11	Keybanc	“Overweight” → “Sector Weight” downgrade
2017-07-20	Bank of America	“Buy” → “Neutral” downgrade
2017-04-03	Evercore ISI	“Underperform” → “In Line” upgrade
2017-01-03	RBC Capital	“Outperform” → “Sector Perform” downgrade
2016-12-20	Jefferies	“Buy” → “Hold” downgrade
2016-12-13	Morgan Stanley	“Equal Weight” → “Underweight” downgrade
2016-08-12	Raymond James	“Strong Buy” → “Outperform” downgrade
2016-07-25	Truist	“Buy” → “Neutral” downgrade
2015-12-07	Keybanc	“Sector Weight” → “Overweight” upgrade
2015-11-13	Raymond James	“Outperform” → “Strong Buy” upgrade
2015-08-13	BMO Capital	“Market Perform” → “Outperform” upgrade
2015-01-26	Evercore ISI	“Buy” → “Hold” downgrade
2014-12-22	Evercore ISI	“Hold” → “Buy” upgrade
2014-11-03	Cantor Fitzgerald	“Buy” → “Hold” downgrade
2014-05-08	Jefferies	“Buy” → “Hold” downgrade
2014-05-05	KeyBanc	“Buy” → “Hold” downgrade
2014-04-10	Macquarie	“Neutral” → “Outperform” upgrade

Targets, grades and estimates are quoted from third parties (via Financial Modeling Prep) and are theirs, not ours; each target links to the report it was published in. A firm counts once, at its latest target or grade.