Public Storage — Wall Street Analyst Estimates & Price Targets

PSA

NYSEReal EstateREIT - IndustrialCIK 0001393311publicstorage.comAbout PSA

Last close · Oct 16, 2026298.31+2.98 (+1.01%)

Market cap$55.7B

7 firms' latest targets, last 90 days: median $318.00 ($294.00–$351.00), 7% 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 · 7 firms

Date	Firm	Target	Previous	Change	Vs price then	Vs price now
2026-10-16	UBS	$294.00	$326.00	▼ 10%	+0%	-1%
2026-09-21	Evercore ISI	$308.00	$316.00	▼ 3%	+4%	+3%
2026-09-10	Barclays	$351.00	$350.00	= 0%	+19%	+18%
2026-09-02	Scotiabank	$343.00	$346.00	▼ 1%	+14%	+15%
2026-09-02	Mizuho Securities	$319.00	$316.00	▲ 1%	+5%	+7%
2026-09-01	Wells Fargo	$311.00	$295.00	▲ 5%	+1%	+4%
2026-07-31	RBC Capital	$318.00	$305.00	▲ 4%	-1%	+7%

Consensus estimates

revenue and EPS by fiscal year · reported years marked

FY	Revenue	YoY	EPS	YoY	Revenue range	EPS range	Analysts
2023reported	$4.5B	+8%	$11.06	-53%	est. $4.5B+1%	est. $11.56	8
2024reported	$4.7B	+4%	$10.64	-4%	est. $4.7B+0%	est. $10.07	7
2025reported	$4.8B	+3%	$9.01	-15%	est. $4.8B+0%	est. $9.22	7
2026	$5.2B	+7%	$10.12	+10%	$5.2B–$5.2B	$10.07–$10.18	8
2027	$5.7B	+10%	$9.90	-2%	$5.5B–$5.9B	$9.77–$10.01	8
2028	$5.9B	+3%	$10.30	+4%	$5.3B–$6.8B	$8.76–$11.61	8
2029	$6.6B	+13%	$10.77	+5%	$6.2B–$7.2B	$10.00–$11.99	6
2030	$7.4B	+12%	$10.54	-2%	$7.0B–$8.0B	$9.79–$11.74	6

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

$318.00median target, 7% above the last close

Firms with a target · last 90 days: 7
Lowest – highest target: $294.00 – $351.00
Current grades of 11 firms: positive / neutral / negative: 3 / 8 / 0
Upgrades / downgrades · 12 months: 0 / 4
Consensus revenue growth · next 3 FY: +7% a year

Current grades

each firm's latest · 11 firms

As of	Firm	Grade
2026-10-16	UBS	“Neutral”
2026-10-02	Truist	“Buy”
2026-09-21	J.P. Morgan	“Neutral”
2026-09-21	Evercore ISI	“In Line”
2026-09-10	Barclays	“Equal Weight”
2026-09-02	Scotiabank	“Sector Outperform”
2026-09-02	Mizuho	“Neutral”
2026-07-31	RBC Capital	“Sector Perform”
2026-06-16	Citigroup	“Buy”
2026-02-05	Wells Fargo	“Equal Weight”
2026-01-26	Wolfe Research	“Peer Perform”

Grade changes

last 24 months · 8

Date	Firm	Grade
2026-07-10	Barclays	“Overweight” → “Equal Weight” downgrade
2026-02-05	Wells Fargo	“Overweight” → “Equal Weight” downgrade
2026-01-26	Wolfe Research	“Outperform” → “Peer Perform” downgrade
2025-12-18	J.P. Morgan	“Overweight” → “Neutral” downgrade
2025-06-20	BMO Capital	“Outperform” → “Market Perform” downgrade
2025-04-22	Bank of America	“Neutral” → “Buy” upgrade
2025-04-10	Truist	“Hold” → “Buy” upgrade
2025-04-09	Scotiabank	“Sector Perform” → “Sector Outperform” upgrade

52 older than 24 months

2024-08-05	Bank of America	“Buy” → “Neutral” downgrade
2024-08-01	Truist	“Buy” → “Hold” downgrade
2024-04-05	Wells Fargo	“Equal Weight” → “Overweight” upgrade
2024-03-28	Raymond James	“Market Perform” → “Strong Buy” upgrade
2023-12-12	Wells Fargo	“Overweight” → “Equal Weight” downgrade
2023-01-09	Raymond James	“Outperform” → “Market Perform” downgrade
2022-08-16	Raymond James	“Strong Buy” → “Outperform” downgrade
2022-05-19	BMO Capital	“Market Perform” → “Outperform” upgrade
2022-01-10	Jefferies	“Hold” → “Buy” upgrade
2021-12-20	J.P. Morgan	“Neutral” → “Overweight” upgrade
2021-12-02	Raymond James	“Outperform” → “Strong Buy” upgrade
2021-10-18	Wolfe Research	“Peer Perform” → “Outperform” upgrade
2021-08-10	Raymond James	“Market Perform” → “Outperform” upgrade
2021-06-15	Wolfe Research	“Peer Perform” → “Perform” revised
2021-02-04	Raymond James	“Underperform” → “Market Perform” upgrade
2021-01-28	BMO Capital	“Underperform” → “Market Perform” upgrade
2021-01-22	Truist	“Hold” → “Buy” upgrade
2020-10-06	Raymond James	“Market Perform” → “Underperform” downgrade
2020-09-21	Morgan Stanley	“Underweight” → “Equal Weight” upgrade
2020-06-15	Evercore ISI	“Underperform” → “In Line” upgrade
2020-04-28	Morgan Stanley	“Equal Weight” → “Underweight” downgrade
2020-03-24	Bank of America	“Neutral” → “Buy” upgrade
2020-02-28	CFRA	“Hold” → “Sell” downgrade
2019-12-10	Wells Fargo	“Equal Weight” → “Underweight” downgrade
2019-11-19	Bank of America	“Buy” → “Neutral” downgrade
2019-10-01	Evercore ISI	“In Line” → “Underperform” downgrade
2019-09-16	Morgan Stanley	“Underweight” → “Equal Weight” upgrade
2019-08-21	Baird	“Underperform” → “Neutral” upgrade
2019-07-19	Bank of America	“Neutral” → “Buy” upgrade
2019-06-11	KeyBanc	“Underweight” → “Sector Weight” upgrade
2019-04-09	Jefferies	“Underperform” → “Hold” upgrade
2019-03-26	Barclays	“Equal Weight” → “Underweight” downgrade
2018-12-18	Evercore ISI	“Underperform” → “In Line” upgrade
2018-12-13	Jefferies	“Hold” → “Underperform” downgrade
2018-08-22	Goldman Sachs	“Neutral” → “Sell” downgrade
2018-03-05	Evercore ISI	“Underperform” → “In Line” upgrade
2018-02-27	Bank of America	“Underperform” → “Neutral” upgrade
2017-12-04	Bank of America	“Neutral” → “Underperform” downgrade
2017-11-28	Baird	“Neutral” → “Underperform” downgrade
2017-01-05	Baird	“Outperform” → “Neutral” downgrade
2016-10-31	Goldman Sachs	“Sell” → “Neutral” upgrade
2016-08-22	Evercore ISI	“Sell” → “Hold” upgrade
2016-08-11	Bank of America	“Buy” → “Neutral” downgrade
2016-07-15	KeyBanc	“Sector Weight” → “Underweight” downgrade
2016-06-23	B. Riley	“Market Perform” → “Perform” revised
2016-04-25	Goldman Sachs	“Neutral” → “Sell” downgrade
2016-03-21	Evercore ISI	“Hold” → “Sell” downgrade
2016-01-26	Barclays	“Overweight” → “Equal Weight” downgrade
2016-01-07	Baird	“Neutral” → “Outperform” upgrade
2016-01-04	Goldman Sachs	“Buy” → “Neutral” downgrade
2015-12-17	J.P. Morgan	“Overweight” → “Neutral” downgrade
2015-12-07	Keybanc	“Underweight” → “Sector Weight” 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.