On May 1, 2025, analyst Steve Sakwa from Evercore ISI Group announced an adjustment to the price target for Extra Space Storage (EXR, Financial). The price target has been raised to $149.00, up from the previous target of $144.00. This represents a 3.47% increase. The currency for the price target remains in USD.
Despite this increase in the price target, the current rating for Extra Space Storage (EXR, Financial) is maintained as "In-Line," consistent with the prior rating. These updates reflect Evercore ISI Group's latest assessment of the company's stock performance, focusing strictly on the figures and projections without any change in the rating perspective.
Extra Space Storage (EXR, Financial) continues to be listed on the NYSE, with these latest updates from Evercore ISI Group being noteworthy for investors monitoring the company's market valuation and performance projections.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 17 analysts, the average target price for Extra Space Storage Inc (EXR, Financial) is $161.47 with a high estimate of $181.00 and a low estimate of $141.00. The average target implies an upside of 8.57% from the current price of $148.72. More detailed estimate data can be found on the Extra Space Storage Inc (EXR) Forecast page.
Based on the consensus recommendation from 20 brokerage firms, Extra Space Storage Inc's (EXR, Financial) average brokerage recommendation is currently 2.6, indicating "Hold" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Extra Space Storage Inc (EXR, Financial) in one year is $162.51, suggesting a upside of 9.27% from the current price of $148.72. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Extra Space Storage Inc (EXR) Summary page.
